FIN 7540 Financial Intermediation

Designed for students of financial management who need to understand how the rapid development of nonbank financial intermediaries, such as the saving and loan industry, life insurance, mutual funds, pension funds, and finance companies, has reshaped the flow of debt and equity funds in the United States money and capital markets. The newer theories of financial growth alter existing principles of competition between financial institutions; these in turn affect portfolio decisions, marketing plans, pricing, and the profitability of financial institutions. Prerequisite(s): FIN 607
Credits: 3.0