Overview

Co-taught with Professor Stephen Ryan

Fall 2020, Half Semester Starting Wednesday 6-9 PM, September 23, 2020

MBA ACCT-GB-3120 (1.5 credits) specialization: Accounting

Undergrad ACCT-UB-20 (2 credits) concentration: Accounting

This course analyzes financial statements of financial institutions from the perspective of investors, bankers, and consultants. It provides a framework to identify, understand, and analyze key performance metrics of banks and insurance companies.

Takeaways

Prerequisites

Core course in Financial Accounting

Materials

Exams and Grading

There are no in-class quizzes, midterms, or final exams.

System Requirements

Help and Office

Assignments

Topics

Topic 1: Overview of the financial statements of a bank

Unique aspects of a bank's business model

Balance sheet

Income statement

Topic 2: Structured transaction and off-balance sheet financing

Special purpose entities

Securitization

Derivatives

Topic 3: A framework for analyzing a bank and key financial metrics

Balance sheet metrics

Income statement metrics

ROI and valuation metrics

Topic 4: Overview of the financial statements of a property and casualty insurer

Unique aspects of a property and casualty insurer's business model

Balance sheet

Income statement

Topic 5: Overview of the financial statements of a life insurer

Unique aspects of a life insurer's business model

Balance sheet

Income statement

Topic 6: Key financial metrics for insurers