Course Catalog and Schedule



Microfinance & the Role of Financial Institutions in Development (FINC-937-0)
1.00 Credit
TCE BidStats

Description:

This course counts toward the following majors: Finance, Social Enterprise, International Business

Historically excluded by traditional financial service providers, the majority of the world’s three billion people living on less than $2 per day have no access to formal savings, loan, insurance and payment services. Over the past 35 years, specialized microfinance institutions have sprung up around the world to meet the financial needs of poor people and help lift them out of poverty. This class provides an in-depth overview of the global microfinance business, tracing its evolution from a social, NGO-dominated movement to an increasingly commercial $50-billion industry. Readings, lectures and case studies will be used to highlight current microfinance practices and explore how global capital markets are responding to the huge latent demand for financial services from the poor. Students will also learn how international microfinance models have been applied to low-income and underbanked segments of the U.S. economy and what lessons can be learned from domestic institutions seeking to serve this market in a profitable way.

Prerequisites:
All Students: FINC-430-0 OR FINC-440-0

Download Schedule Information

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Academic Year Term   Course ID Title Sec ID   Credits Syl Instructor Times Campus Location Mand 1st Exam
2014-2015 Winter 2015 FINC-937-0 Microfinance & the Role of Financial Institutions in Development 81 1 Christensen, Paul Thu 06:30 PM - 09:30 PM Evanston Jacobs (G40 STERN) N Check syllabus and confirm final deliverable with professor.