FIN 323A Financial Institutions Management

3 Credit(s)

This course examines the economic and legal environment and key factors affecting the management of financial institutions. The effects of the implementation of central bank policies on the operations of commercial banks and other financial institutions are discussed. Emphasis will be placed on the principal means by which these policies achieve their objectives, including open market operations, discount rate changes, and reserve requirement changes. The impacts of changes in legislation, technology, and product innovations on financial institutions are examined. Financial instruments and services provided by these institutions are also considered. Three lecture hours per week. Elective limited to Business Administration majors. Not open to students who have received credit for FIN323. Prerequisite: FIN 301 or FIN 322.