COMMERCE 3FM3 - The History of Finance

3 unit(s)

This course explores the emergence, evolution, and future of the tools and organizations that make modern finance possible. By studying the history of payments, debt, banking, corporations, markets, derivatives, pensions, insurance companies and investment funds, students will learn why such institutions are organized as they are today and how we might design better versions to tackle the challenges of the twenty-first century. This course will be of particular interest to students interested in fintech as it explores the core functions of financial institutions and their modern innovations.
Prerequisite(s): COMMERCE 2FA3; and registration in any Bachelor of Commerce or Engineering and Management program or relevant minor (see Faculty Note 2.)