Managers, prospective managers, and anyone else within an organization involved in making business decisions
Prerequisites
An understanding of the principles of business finance
Course Aim
To discuss the roles of various institutions as financial intermediaries and outline the role of the Federal Reserve
Learning Objectives
Outline the variety and advantages of financial intermediaries. Interpret the financial statements of a commercial bank. Describe the trends in commercial bank regulation. Describe the function of thrift institutions. Discuss the role of life insurance companies as financial intermediaries. Explain how pension funds operate. Define a money market mutual fund. Describe the competition for funds. Discuss the Federal Reserve. Explain multiple contractions in the supply of money. Describe the tools of monetary policy. Define inflation and recession. Explain how monetary and fiscal policy affect firms.
Topics Covered
Introducing Financial Intermediaries - The Role of Financial Intermediaries - Commercial Banks - Commercial Bank Regulation Other Intermediaries - Thrift Institutions - Life Insurance Companies - Pension Funds - Money Market Mutual Funds - Savings and Loan Debacle - Competition for Funds The Federal Reserve - The Role of the Federal Reserve - The Expansion of Money and Credit - The Tools of Monetary Policy - Fiscal Policy - The Inflationary Economic Environment - Hands-on: Monetary and Fiscal Policy Effects
E&A Information Services 6 Saint Charles Ct Stafford, VA 22556 Phone: 888-742-3214 Email: Salesinfo@eno.com