Back to Banking and Financial Institutions
University of Illinois Urbana-Champaign

Banking and Financial Institutions

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.

Status: Payment Systems
Status: Financial Services
IntermediateCourse16 hours

Featured reviews

AR

5.0Reviewed Dec 26, 2023

concise, to the point, every sentence spoken carried lots of essence. u will not be bored

AM

5.0Reviewed Jun 13, 2023

The teacher is exceptional. The course is very informative and brief.

KV

5.0Reviewed Nov 14, 2024

An excellent foundation to understand the industry and what factors influence it.

AS

5.0Reviewed Feb 2, 2025

good for the beginners who is opting for banking career

RS

5.0Reviewed Aug 29, 2022

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

MD

4.0Reviewed Jan 6, 2023

Peer graded assignment has a rubric grading incorrect answer.Otherwise a good overall course.

BN

5.0Reviewed Aug 2, 2025

It's a good course if you're interested in banking.

TT

5.0Reviewed Dec 3, 2023

Learned a great deal about banking, money, and the financial markets and institutions.

DS

5.0Reviewed Apr 29, 2022

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

CS

5.0Reviewed Aug 30, 2024

such a wonderful course as i learn lots of new concept from this course

VS

4.0Reviewed Jul 24, 2022

Very informative useful and interesting course overall

MT

5.0Reviewed Jul 22, 2022

I truly Appreciate Professor Rustom Irani and thanks to him for such a wonderfully teaching the courseThank you sir.

All reviews

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