Management of Financial Institutions
This course introduces the major financial institutions in Canada, the U.S. and other countries. It provides a conceptual framework that can be used to understand why financial institutions exist, how government regulates them, what different functions the different types of financial institutions perform and their future growth prospects. The focus is on the practical implications of recent innovations in financial theory to the management of interest rate, credit and liquidity risk. It gives detailed knowledge of management techniques that have been adopted by the world's most progressive financial institutions. PREREQ: COMM 2027 or 2025. (cst 3) cr 3. Students cannot retain credit for both COMM 4237 and FNCE 4017.