BU 433

Mgmt Of Financial Instit

This course focuses on an understanding of the major financial institutions in Canada and the competitive and regulatory environment in which they operate. Emphasis will be placed on the practical implications of recent innovations in financial theory to the management of interest rates, liquidity and credit risk. The course will use current readings and cases to examine management decisions in financial institutions in Canada: chartered banks, insurance companies, trust and mortgage loan companies, investment banks, credit unions and pension funds. Prerequisites: BU393 and (EC250 or EC290).