Courses

WCMS Courses

Money and Financial Institutions

This course explores money creation and monetary policy.  Students will explore the causes of inflation and recessions and analyzes the role of the Federal Reserve System and Federal Deposit Insurance Corporation in conducting monetary policy in the US economy.  Particular attention will be placed on the interaction between monetary policy and credit union strategy.

Economics I or Economics II

A first course on the fundamentals of economics and modern market economies. Explores the principles of micro and macroeconomics, including the role of supply and demand in a market economy, the determination of interest rates, and the estimation of present value and decision making across time.  The course also explores how economic conditions affect credit …

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Credit Union Philosophy

This survey course explores the values and purpose of the credit union movement. Topics vary by year.

Credit Union History and Philosophy

This course explores the history and business structure of credit unions and cooperatives.  What is the societal role of nonprofit cooperatives and why are U.S. credit unions are tax exempt?  The course explores the historical roots and modern mandate of credit union’s mandates to serve the underserved.

Business Ethics

The course explores the philosophical foundation for ethical decision making with application to business decisions.  What are the responsibilities of business leaders to their customers, employees, business partners, community, government and to themselves?  How to evaluate moral decision-making and the principles of moral choice.

Financial Simulation Presentations

This interactive course summarizes the main results of the financial simulation exercises.  Students will evaluate their team’s objectives and results from the simulation and then present their major learning areas from the exercise.  This capstone course requires students to integrate skills from across the curriculum, including: economics, financial management, marketing, philosophy, strategy, and communication skills. …

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WCMS Innovation Challenge

This course uses recent research to present systematic techniques that individuals can use to increase creativity, innovative problem solving and design thinking. Through repeated individual and group activities, students will improve their capacity for developing innovative and entrepreneurial solutions to real-world issues.  This two-part course requires students to complete a user-centric mini-project between sessions where …

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Digital Leadership and Strategy

Digital technologies and big data offer tremendous opportunities to for credit unions. This course explores the opportunities and difficulties facing widespread adoption and explores frameworks to think strategically about adopting and implementing digital transformation within credit unions.  The course will explore the interplay between digital transformation and strategy, and the consequences of misalignment, using several …

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Credit Union Strategy

This course focuses on the tools and frameworks of business decision-making and planning.  The course uses examples from credit unions to help students develop the capability and strategic thinking to compare alternative strategies and propose business plans.  The course also explores the role and methods of political advocacy for credit unions.

Credit Union Management

This course helps students discover the elements of a strategic market position.  Students will understand the dynamics of strategy and develop the strategic management position for a credit union.