ADEC 2890 Money, Banking and Financial Systems

This course introduces concepts in financial economics with a focus on practical application of finance theory to investment decisions as well as on the institutional framework of financial systems. We will explore how individuals and firms make investment decisions under uncertainty with a particular focus on topics such as discounted cash flows, risk, leverage, interest rates, exchange rates, and applications of the framework for various securities. Studying these topics will allow us to build a foundation for understanding the existence of the financial institutions and markets as well as the central banks and their role in the financial system.

Course overview

Department
Advancing Studies
School
ADV
Credits
4
Level
Undergraduate
Offered
Periodically

Course evaluations

Response-weighted averages from Boston College’s official course evaluations (Avalanche/Blue).

Course rating
4.17 / 5 · Very Good
35 responses
Instructor rating
4.29 / 5 · Very Good
35 responses
Terms evaluated
2
Most recent: Spring 2024

Scales: overall ratings run from 1 (poor) to 5 (excellent); agreement questions from 1 (strongly disagree) to 5 (strongly agree); weekly effort from 1 (up to 1 hour) to 5 (10 or more hours).

Evaluations by term and instructor
TermInstructorCourse overallInstructor overallWell organizedClear learning objectivesIntellectually challengingHelpful assignmentsApplicable beyond courseAttendance necessaryWeekly effortResponses
Spring 2024Michal Kowalik4.04.04.04.04.14.04.34.01–3 hrs/week20 of 23
Spring 2022Michal Kowalik4.44.64.64.74.64.54.44.11–3 hrs/week15 of 21

Data freshness

Course and evaluation data last updated 2026-10-09. Source details and limitations are documented in Data Sources and Methodology.

Instructors

  • Michal Kowalik
    Spring 2027, Spring 2024, Spring 2022 · Official rating 4.29/5

Sections

  • Section 01
    Spring 2027 · Michal Kowalik · Gasson Hall 310 W 06:15PM-07:45PM · Offered