• Length:
    16 Weeks
  • Effort:
    3–4 hours per week
  • Price:

    FREE
    Add a Verified Certificate for $49 USD

  • Institution
  • Subject:
  • Level:
    Introductory
  • Language:
    English
  • Video Transcript:
    English

About this course

Skip About this course

Do you know what your bank does with your money? What is the role of a bank in producing societal well-being?

This course looks into banks that operate differently, namely, “just banks" that use capital and finance as a tool to address social and ecological challenges.

This course is for anyone who wants to understand the unique role banks play as intermediaries in our economy and how they can leverage that position to produce positive social, environmental, and economic change.

The instructors of this course have worked for over 15 years with just banks from around the world, as well as in the fields of community development, economic democracy, and social change.

No previous knowledge of finance or banking is needed to take this course.

What you'll learn

Skip What you'll learn
  • The core principles of just banking
  • How finance can be used as a tool for social and environmental change
  • The impact of different forms of banking on societal well-being
  • Ongoing challenges for just banks
  • The future of just banking and financial technologies

Meet your instructors

J. Phillip Thompson
Urban planner and political scientist
Lily Steponaitis
Post-Graduate Fellow, MIT Community Innovators Lab
MIT
Katrin Kaeufer
Research Fellow, MIT Community Innovators Lab
MIT
Lafayette Cruise
Teaching Assistant
Massachusetts Institute of Technology

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Who can take this course?

Unfortunately, learners from one or more of the following countries or regions will not be able to register for this course: Iran, Cuba and the Crimea region of Ukraine. While edX has sought licenses from the U.S. Office of Foreign Assets Control (OFAC) to offer our courses to learners in these countries and regions, the licenses we have received are not broad enough to allow us to offer this course in all locations. EdX truly regrets that U.S. sanctions prevent us from offering all of our courses to everyone, no matter where they live.