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Instructor Class Description

Time Schedule:

Philip J Palm
B BUS 453
Bothell Campus

Financial Institutions and Markets

Role of banks and non-bank financial institutions in the financial system; asset choices of banks and non-bank financial institutions; problems in the management of financial institutions with emphasis on commercial banks. Prerequisite: minimum grade of 1.7 in B BUS 350.

Class description

Role of banks and non-bank financial institutions in the financial system; asset choices of banks and non-bank financial institutions; problems in the management of financial institutions with emphasis on commercial banks.

Student learning goals

Identify the roles played by financial institutions in the economy

Describe the special role of depositary institutions

Compute the duration of a bank’s assets and liabilities and describe the methods of interest rate risk management

Use value at risk (VaR) to judge the market risk of a bank

Describe the methods to control credit risk and measure it in the aggregate

Discuss capital adequacy and regulatory requirements including the Basle Accords

General method of instruction

See Syllabus.

Recommended preparation

1. Read each assigned chapter prior to the date of it being discussed in class. 2. Plan for the due dates of each assignment - no late work is accepted. 3. Ask questions in class or by calling or coming by during office hours.

Class assignments and grading

See syllabus.

Grades are assigned using the course percentage to decimal scale shown in the syllabus. Your earned course percentage grade is not "rounded up".


The information above is intended to be helpful in choosing courses. Because the instructor may further develop his/her plans for this course, its characteristics are subject to change without notice. In most cases, the official course syllabus will be distributed on the first day of class.
Last Update by Philip J Palm
Date: 09/13/2011