The purpose of this course is to provide you with a basic understanding of the connections between money, the financial system, and the broader macroeconomy. We will examine the economics of modern financial institutions (e.g. banks), including how they are organized, the products and financial services they offer, the risks they take, why and how they are regulated, and how this has changed over time. We will develop a conceptual framework that will allow us to assess how recent financial regulations as well as innovations in finance (e.g., securitization, fintech, cryptocurrencies) may influence the macroeconomic, financial, and business environment.
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Banking and Financial Institutions
This course is part of Managerial Economics and Business Analysis Specialization
![Rustom Manouchehri Irani](https://d3njjcbhbojbot.cloudfront.net/api/utilities/v1/imageproxy/https://coursera-instructor-photos.s3.amazonaws.com/0c/7572f91c1a41cc80aaf54c9985290a/riranismall.jpg?auto=format%2Ccompress&dpr=1&w=75&h=75&fit=crop)
Instructor: Rustom Manouchehri Irani
25,334 already enrolled
Included with
(220 reviews)
What you'll learn
Appreciate how money and finance can benefit the real economy.
Describe how modern banks earn a profit.
Compare and contrast banks with other providers of debt finance and payments.
Explain why financial regulations are needed and their impacts.
Details to know
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16 assignments
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There are 5 modules in this course
You will become familiar with the course, your classmates, and our learning environment. The orientation will also help you obtain the technical skills required for the course.
What's included
2 videos5 readings1 assignment
This module will provide a broad overview of money, the financial system, and how this all connects with real economic activity.
What's included
9 videos1 reading4 assignments
In this module, we are going to zoom in on the business model of modern banks.
What's included
12 videos1 reading4 assignments1 peer review
In this module, we are going to focus on the sources of profit at modern banks and the various risks surrounding these profits.
What's included
9 videos1 reading3 assignments
In this Module we are going to study why the government regulates banks, and what this regulation looks like in practice.
What's included
10 videos3 readings4 assignments1 plugin
Instructor
![Rustom Manouchehri Irani](https://d3njjcbhbojbot.cloudfront.net/api/utilities/v1/imageproxy/https://coursera-instructor-photos.s3.amazonaws.com/0c/7572f91c1a41cc80aaf54c9985290a/riranismall.jpg?auto=format%2Ccompress&dpr=1&w=75&h=75&fit=crop)
Offered by
Recommended if you're interested in Finance
University of Michigan
University of Illinois Urbana-Champaign
Duke University
University of Illinois Urbana-Champaign
Build toward a degree
This course is part of the following degree program(s) offered by University of Illinois Urbana-Champaign. If you are admitted and enroll, your completed coursework may count toward your degree learning and your progress can transfer with you.¹
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Learner reviews
220 reviews
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Showing 3 of 220
Reviewed on Feb 1, 2025
good for the beginners who is opting for banking career
Reviewed on Nov 13, 2024
An excellent foundation to understand the industry and what factors influence it.
Reviewed on Jun 12, 2023
The teacher is exceptional. The course is very informative and brief.
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