Course

Course Summary
Credit Type:
Course
ACE ID:
AICP-0101
Organization's ID:
CPCU 560
Organization:
American Institute For Chartered Property Casualty Underwriters/The Institutes
Location:
Classroom-based
Length:
15 weeks (60 -- 90 hours)
Dates Offered:
Credit Recommendation & Competencies
Level Credits (SH) Subject
Upper-Division Baccalaureate 4 Financial Institutions
Description

Objective:

The course objective is to enable the student to describe the products, services, risks, institutions, and markets that make up the world of financial services.

Learning Outcomes:

  • Explain the risks faced by financial institutions and how regulation is intended to address such risks
  • Describe the financial instruments that trade in the money, bond, stock, and derivatives markets and how these instruments serve the needs of both issuers and investors
  • Explain the role in the financial markets of commercial banks, thrift institutions, finance companies, insurance companies, securities and investment banking firms, mutual funds, and pension funds

General Topics:

  • Introduction to financial markets and institutions
  • The federal reserve
  • Money markets
  • Bond markets
  • Stock markets
  • Derivative securities markets
  • Commercial banks
  • Regulation of commercial banks
  • Other lending institutions
  • Insurance companies
  • Securities firms and investment banks
  • Mutual funds and hedge funds
  • Pension funds
  • Types of risks incurred by financial institutions
  • Managing liquidity risk on the balance sheet
Instruction & Assessment

Instructional Strategies:

  • Case Studies
  • Practical Exercises

Methods of Assessment:

  • Examinations

Minimum Passing Score:

70%
Supplemental Materials