This lesson introduces students to the concept of financial institutions, such as banks, insurance companies, credit unions, investment companies, and more. First, use the briefing (found in Task 1) to teach students about this concept. Then, instruct students to develop informational charts about financial institutions. This briefing is a part of the Introduction to Finance Course Guide. To download it, visit mbastatesconnection.mbaresearch.org and select "Course Guides" under "Curriculum and Instruction."
Students will be able to:
-Compare and contrast banks and credit unions
-Consider different features, fees, and requirements of checking accounts at various banks and choose the options that are best
for them, personally
-Understand the specific “perks” and requirements of a student checking account
-Conduct online research to select a checking account
-Enumerate what paperwork is required to open a checking account