Future of Finance: Alternative Investments (Hammer)
Faculty
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| Sarah Hammer Adjunct Professor of Law sarah_hammer@outlook.com |
Additional Information
Skills Training
Other Professional Skills:
Grading
5% Participation,
95% Exam
Exam
Essay,
Take Home,
Open-Book
No
Class meets in person.
Course Continuity
Students are encouraged to stay home if you are ill or experience flu-like symptoms. If you miss a class for any reason, it is still your responsibility to make up the work missed.
I offer the following to students who miss class due to illness:
- Class sessions are regularly recorded. I will make these recordings routinely available on the course site to everyone in the class.
- I will make PowerPoint slides or other class materials routinely available on the course site to everyone in the class.
Meeting Times/Location
T 4:30PM - 6:20PM
Silverman Hall 240A
Category
Upper-Level
Credits
2.0
This class will provide students with an essential foundation in financial services, including an understanding of financial institutions business models, industry activities and trends, relevant statutes and policies, and transformative new technologies. Students will have the unique opportunity to learn about the financial services industry through a cross-disciplinary lens at the intersection of finance and law.
It has now been more than a decade since the Great Financial Crisis of 2008-2009, and the financial sector has undergone significant transformation. The reasons for this transformation include: (1) changes within financial institutions business models, (2) market dynamics in equity, fixed income, and credit, (3) adoption of laws including the Dodd Frank Act, Basel III, and the JOBS Act, and (4) advances in financial technology, blockchain, and artificial intelligence. This class will overview these various factors, investigate their impact on the financial sector, and analyze how financial services will continue to evolve going forward.
Students will become familiar with the basic business models of banking, asset management, insurance, and financial infrastructure providers. The class will include an overview of investment valuation and present the regulatory frameworks of banking, capital markets, insurance, and systemic risk regulation. The class will also provide particular insight into transformative technologies, blockchain, and artificial intelligence. Prominent guest speakers will join the class from industry, law, and public policy. Regular attendance and class participation are required. Students will take an exam following completion of the course.
Business and Corporate Law Learning outcomes: Demonstrate a core understanding of business and corporate law; Perform legal analysis in the context of business and corporate law; Communicate effectively on topics related to business and corporate law; Demonstrate an understanding of the interconnection between the world of business and finance and that of business and corporate law, and how they affect other areas of law and society.
Textbooks
"Financial Regulation: Law and Policy" by Michael Barr, Howell Jackson, Margaret Tahyar |