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FNCE-4832 (3) Microfinance
In the last two decades, microfinance initiatives have provided the primary worldwide impetus to promote economic independence for the poor (1.4 billion). Microfinance links the financial markets with entrepreneurship to create a platform that facilitates financial inclusion to the poor. In a semester long project, students build a hypothetical financial institution that provides access to credit, saving, insurance and other services to a segmented poor population. CESR 4010 and FNCE 4832 are the same course. Requisites: Requires prerequisite courses of BCOR 1010, 1020, 2000, 2200, 2300, 2400, 2500, 3000 and 3010 (all minimum grade D-). Restricted to Business (BUSN) majors with 90-180 units completed.