Course Catalog and Schedule



Micro-finance and the Role of Financial Institutions in Development (FINC-937-0)
1.00 Credit
TCE BidStats

Description:

Historically excluded by traditional financial service providers, the majority of the world's three billion people who are living on less than $2 per day have no access to formal savings, loan, insurance, and/or payment services. Over the past 35 years, specialized micro-finance institutions have sprung up around the world to meet the financial needs of poor people and help lift them out of poverty.

This course provides an in-depth overview of the global micro-finance 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 micro-finance 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 micro-finance models have been applied to low-income and under-banked 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

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Academic Year Term   Session Course ID Title Sec ID   Credits Syl Instructor Times Campus Location Mand 1st Exam
2014-2015 Winter 2015 10 Weeks FINC-937-0 Microfinance & the Role of Financial Institutions in Development 81 1 Christensen, Paul Thu 6:30 PM - 9:30 PM Evanston Jacobs (G40) N Check syllabus and confirm final deliverable with professor.
2015-2016 Winter 2016 10 Weeks FINC-937-0 Micro-finance and the Role of Financial Institutions in Development 81 1 Christensen, Paul Mon 6:30 PM - 9:30 PM Evanston TBD (Room TBA) N