Terms

Financial History

The study of the history of financial institutions, markets, instruments, and concepts is vital if we are to understand the role played by finance today. With an eye to the future while evaluating the past—from taxes, credit, and banking to asset management, risk management, and insurance—you will learn to navigate the challenges posed by today’s turbulent markets.

Why is it important to study Financial History?

  1. Financial History tends to repeat itself.
  2. Past events can be used as a "Compass" to help us think about what may happen now and in the future.