4.8
stars
66 ratings

Rustom Manouchehri Irani

6,259 already enrolled

Offered By

Part of the Master of Business Administration (iMBA) degree

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Banking and Financial Institutions

University of Illinois at Urbana-Champaign

About this Course

20,411 recent views

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.

Flexible deadlines

Reset deadlines in accordance to your schedule.

Shareable Certificate

Earn a Certificate upon completion

100% online

Start instantly and learn at your own schedule.

Approx. 15 hours to complete

English

Subtitles: English

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Flexible deadlines

Reset deadlines in accordance to your schedule.

Shareable Certificate

Earn a Certificate upon completion

100% online

Start instantly and learn at your own schedule.

Approx. 15 hours to complete

English

Subtitles: English

Could your company benefit from training employees on in-demand skills?

Try Coursera for Business

Instructor

Instructor rating

4.86/5 (25 Ratings)

Rustom Manouchehri Irani

Associate Professor of Finance

Gies College of Business

6,259 Learners

1 Course

Offered by

University of Illinois at Urbana-Champaign

The University of Illinois at Urbana-Champaign is a world leader in research, teaching and public engagement, distinguished by the breadth of its programs, broad academic excellence, and internationally renowned faculty and alumni. Illinois serves the world by creating knowledge, preparing students for lives of impact, and finding solutions to critical societal needs.

Start working towards your Master's degree

This course is part of the 100% online Master of Business Administration (iMBA) from University of Illinois at Urbana-Champaign. If you are admitted to the full program, your courses count towards your degree learning.

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Syllabus - What you will learn from this course

Week

Week 1

1 hour to complete

Course Orientation

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.

1 hour to complete

2 videos (Total 6 min), 5 readings, 1 quiz

3 hours to complete

Module 1: Money and Finance

This module will provide a broad overview of money, the financial system, and how this all connects with real economic activity.

3 hours to complete

9 videos (Total 76 min), 1 reading, 4 quizzes

9 videos

Module 1 Overview1m

Money and Its Functions7m

The Payments System7m

Money and Inflation10m

What Does the Financial System Do?6m

Financial Markets Versus Financial Institutions11m

Banks Versus Non-Banks6m

Overview of Non-Banks11m

Financial Development and Economic Activity12m

1 reading

Module 1 Overview10m

4 practice exercises

Lesson 1-1 Practice Quiz15m

Lesson 1-2 Practice Quiz15m

Lesson 1-3 Practice Quiz15m

Money and Finance Graded Quiz1h

Week

Week 2

4 hours to complete

Module 2: Modern Banking

In this module, we are going to zoom in on the business model of modern banks.

4 hours to complete

12 videos (Total 88 min), 1 reading, 5 quizzes

12 videos

Module 2 Overview1m

Early Banking in the United States9m

Bank Holding Companies5m

Deregulation and Modern Banking5m

Bank Types and Borrowing8m

Bank Lending6m

Changes in the Lending Process4m

How Are Investment Banks Organized?7m

Investment Banking Activities8m

Balance Sheet13m

Off Balance Sheet10m

Income Statement8m

1 reading

Module 2 Overview10m

4 practice exercises

Lesson 2-1 Practice Quiz15m

Lesson 2-2 Practice Quiz 15m

Lesson 2-3 Practice Quiz15m

Modern Banking Graded Quiz1h

Week

Week 3

3 hours to complete

Module 3: Risk and Return

In this module, we are going to focus on the sources of profit at modern banks and the various risks surrounding these profits.

3 hours to complete

9 videos (Total 66 min), 1 reading, 3 quizzes

Week

Week 4

4 hours to complete

Module 4: Regulation

In this Module we are going to study why the government regulates banks, and what this regulation looks like in practice.

4 hours to complete

11 videos (Total 69 min), 3 readings, 4 quizzes

11 videos

Module 4 Overview1m

Goals of Financial Regulation9m

The Government Safety Net9m

Case Study: Interventions in 2007-20094m

Bank Regulation8m

The Supervisory Process5m

Stress Testing5m

Too Big to Fail10m

Defining Shadow Banking5m

Case Study: Money Market Mutual Funds5m

Gies Online Programs3m

3 readings

Module 4 Overview10m

Congratulations!10m

Get Your Course Certificate10m

4 practice exercises

Lesson 4-1 Practice Quiz30m

Lesson 4-2 Practice Quiz30m

Lesson 4-3 Practice Quiz30m

Regulation Quiz30m

Reviews

4.8

17 reviews

5 stars
82.08%
4 stars
13.43%
3 stars
4.47%

TOP REVIEWS FROM BANKING AND FINANCIAL INSTITUTIONS

by VVJul 23, 2022

Very informative useful and interesting course overall

by RSAug 28, 2022

The course carries a significant merit to enhance the banking field based on its key concepts and case studies.

by MTJul 21, 2022

I truly Appreciate Professor Rustom Irani and thanks to him for such a wonderfully teaching the course

Thank you sir.

by DSApr 28, 2022

Prof. Irani is a very interesting and competent lecturer who presents complex issues in an understandable way. Thank you, Professor!

View all reviews

Frequently Asked Questions

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Access to lectures and assignments depends on your type of enrollment. If you take a course in audit mode, you will be able to see most course materials for free. To access graded assignments and to earn a Certificate, you will need to purchase the Certificate experience, during or after your audit. If you don't see the audit option:
The course may not offer an audit option. You can try a Free Trial instead, or apply for Financial Aid.
The course may offer 'Full Course, No Certificate' instead. This option lets you see all course materials, submit required assessments, and get a final grade. This also means that you will not be able to purchase a Certificate experience.
What will I get if I purchase the Certificate?
When you purchase a Certificate you get access to all course materials, including graded assignments. Upon completing the course, your electronic Certificate will be added to your Accomplishments page - from there, you can print your Certificate or add it to your LinkedIn profile. If you only want to read and view the course content, you can audit the course for free.
Is financial aid available?
Yes. In select learning programs, you can apply for financial aid or a scholarship if you can’t afford the enrollment fee. If fin aid or scholarship is available for your learning program selection, you’ll find a link to apply on the description page.

More questions? Visit the Learner Help Center.

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Banking and Financial Institutions

Banking and Financial Institutions

About this Course