COURSE SYLLABUS

                                                SOUTHEAST MISSOURI STATE UNIVERSITY

Department of Economics and Finance                                   Course No. FI364

Title of Course:  Modern Financial Institutions                      Revision Spring 2001

  I.        Catalog Description and Credit Hours of Course:

            Comprehensive survey of the role of each of the major financial institutions in our economy.  (3 hours credit.)

 II.        Prerequisite(s):

            FI361 Financial Management with a minimum grade of "C".

III.       Purposes or Objectives of the Course:

A.        Knowledge of the historical development and functions of the financial institutions and the
            financial markets.

            B.         Study of the functional organization and financial practices of the financial institutions and the impact of regulation.

            C.        Analysis of changes in structure, activities, facilities and the impact of technology.

            D.        The course will be taught consistent with University Studies objectives:

1.  Demonstrate ability to integrate the breadth and diversity of knowledge and experience.

2.  Demonstrate ability to make informed, intelligent value decisions

3.  Demonstrate capabilities for critical thinking, reasoning and analyzing

IV.       Expectations of Students:

            A.        General Expectations:  This course is based upon the premise that an understanding of modern financial institutions is important to the students preparing for participation in any phase of management.  It is expected that students will avail themselves of the opportunities provided in the course for the developments of professional attitudes and competencies.  Students are expected to do the assigned work and be prepared to discuss them in class.

                                                                                                                        SUGGESTED TIME IN

  V.      Course Content or Outline:                                                               50 MINUTE PERIODS

            A.        Overview of the Financial System                                                                      9
                        1.         Role and functions of financial institutions

                        2.         Technology, Efficiency and Government Intervention

                        3.         Determination and Term Structure of Interest Rates

            B.         Commercial Bank Financial Institutions                                                  9

                        1.         Financial Intermediation

                        2.         Commercial Bank Evolution and Mergers

                        3.         Commercial Bank Globalization

            C.        Other Financial Intermediaries                                                               9

                        1.         S & L's, Savings Banks and Credit Unions

                        2.         Finance Companies and Insurance Companies

                        3.         Pension Funds and Mutual Funds

            D.        Financial Markets                                                                                             9

                        1.         Money Markets

                        2.         Long-term Securities Markets

                        3.         Mortgage Markets

            E.         Stability of the Financial Institutions and Markets                                               9

                        1.         Liquidity Management

                        2.         Stability Management

                        3.         Deposit Insurance

                                                                                                            Total:                            45

 VI.      Textbook(s) and/or Other Required Materials or Equipment:

            A.        Textbook:  Kidwell, Peterspm, and Blackwell Financial Institutions, Markets, and Money, New York:  The Dryden Press 1997.

            B.         Students will be expected to become familiar with the Wall Street Journal and other financial publications.

VII.      Basis for Student Evaluation:

            Level of performance on examinations, computer assignments and other assigned activities.