To register, please visit: https://www.cftnow.org/courses/money-and-banking/
For questions about registration, or the course, please contact Emily Laroche at firstname.lastname@example.org.
The Money and Banking course teaches the role of money, credit, and financial institutions in the U.S. economy. Topics include commercial banks, thrifts, credit unions, the Federal Reserve system, credit markets, and monetary theory and policy. It emphasizes the effects of structural change, globalization, financial innovation, and technology on the financial environment. Textbook chapter topics include:
An Introduction to Money and the Financial System
Money and the Payment System
Financial Instruments, Financial Markets, and Financial Institutions
Bonds, Bond Prices, and the Determination of Interest Rates
The Risk and Term Structure of Interest Rates
Stocks, Stock Markets, and Market Efficiency
Derivates: Futures, Options, and Swamps
The Economics of Financial Intermediation
Depository Institutions: Banks and Bank Management
Financial Industry Structure
Central Banks in the World Today
The Trust of Central Banks: The Federal Reserve and the European Central Bank
The Central Bank Balance Sheet and the Money Supply Process
Monetary Policy: Using Interest Rates to Stabilize the Domestic Economy
Exchange-Rate Policy and the Central Bank
Money Growth, Money Demand, and Modern Monetary Policy
Output, Inflation, and Monetary Policy
Understanding Business cycle Fluctuations
Modern Monetary Policy and the Challenges Facing Central Bankers
Audience: Students who have not had a formal course in money and banking and who wish to increase their understanding of the banking industry; officer trainees through mid-management level bankers.
CFT strongly RECOMMENDS that students complete the Economics course prior to taking the Money and Banking course.