AEM 3050 - Management of Banking Companies

Fall (weeks 1-7). 1 credit. Letter grades only.

Prerequisite: ECON 1110 or ECON 1120. Enrollment preference given to: AEM juniors and seniors.

J. J. Byrnes.

Survey of banking industry and its management challenges, with particular attention to the financial crisis and implications for the future. Includes history and regulation of banking, understanding bank financial statements, management and oversight of industry, importance of capital, and the unique role of banks in society. Emphasis on current events. Includes a book report and a team research presentation.

Outcome 1: Develop a better understanding of the banking industry, its role in society and history, the importance to the world’s economies and its regulatory and management challenges.

Outcome 2: Help students consider and develop their own management capabilities by better understanding the financial crisis and recent developments; and in particular the lessons about ethics and basic principles of management.