diff --git a/jedi/evaluate/compiled/__init__.py b/jedi/evaluate/compiled/__init__.py
index f051583f..e8a9a016 100644
--- a/jedi/evaluate/compiled/__init__.py
+++ b/jedi/evaluate/compiled/__init__.py
@@ -208,7 +208,31 @@ class CompiledName(FakeName):
         pass  # Just ignore this, FakeName tries to overwrite the parent attribute.
 
 
+def dotted_from_fs_path(fs_path, sys_path=None):
+    """
+    Changes `/usr/lib/python3.4/email/utils.py` to `email.utils`.  I.e.
+    compares the path with sys.path and then returns the dotted_path. If the
+    path is not in the sys.path, just returns None.
+    """
+    sep = os.path.sep
+    shortest = None
+    if sys_path is None:
+        sys_path = get_sys_path()
+    for s in sys_path:
+        if fs_path.startswith(s):
+            path = fs_path[len(s):].strip(sep)
+            path = re.sub('\.[^%s]*|%s__init__.py$' % (sep, sep), '', path)
+            dotted = path.split(sep)
+            dotted = '.'.join(dotted)
+            # At this point dotted could be both `lib-dynload.datetime` and
+            # `datetime`. The shorter one is typically the module we want.
+            if shortest is None or len(shortest) > len(dotted):
+                shortest = dotted
+    return shortest
+
+
 def load_module(path, name):
+    """
     if not name:
         name = os.path.basename(path)
         name = name.rpartition('.')[0]  # cut file type (normally .so)
@@ -230,17 +254,22 @@ def load_module(path, name):
         else:
             path = os.path.dirname(path)
 
+    """
+    if path is not None:
+        dotted_path = dotted_from_fs_path(path)
+    else:
+        dotted_path = name
+
     sys_path = get_sys_path()
-    if path:
-        sys_path.insert(0, path)
+    if dotted_path is None:
+        p, _, dotted_path = path.partition(os.path.sep)
+        sys_path.insert(0, p)
 
     temp, sys.path = sys.path, sys_path
-    try:
-        module = __import__(name, {}, {}, dot_path[:-1])
-    except AttributeError:
-        # use sys.modules, because you cannot access some modules
-        # directly. -> github issue #59
-        module = sys.modules[name]
+    __import__(dotted_path)
+    # Just access the cache after import, because of #59 as well as the very
+    # complicated import structure of Python.
+    module = sys.modules[dotted_path]
     sys.path = temp
     return CompiledObject(module)
 
diff --git a/jedi/evaluate/imports.py b/jedi/evaluate/imports.py
index 5592403e..633a7a44 100644
--- a/jedi/evaluate/imports.py
+++ b/jedi/evaluate/imports.py
@@ -12,7 +12,6 @@ This module also supports import autocompletion, which means to complete
 statements like ``from datetim`` (curser at the end would return ``datetime``).
 """
 import os
-import re
 import pkgutil
 import sys
 from itertools import chain
@@ -511,7 +510,7 @@ def remove_star_imports(evaluator, scope, ignored_modules=()):
 
 def _load_module(path=None, source=None, name=None, sys_path=None):
     def load(source):
-        dotted_path = path and _reverse_fs_path(path, sys_path)
+        dotted_path = path and compiled.dotted_from_fs_path(path, sys_path)
         if path is not None and path.endswith('.py') \
                 and not dotted_path in settings.auto_import_modules:
             if source is None:
@@ -528,26 +527,6 @@ def _load_module(path=None, source=None, name=None, sys_path=None):
     return load(source) if cached is None else cached.module
 
 
-def _reverse_fs_path(fs_path, sys_path=None):
-    """
-    Changes `/usr/lib/python3.4/email/utils.py` to `email.utils`.  I.e.
-    compares the path with sys.path and then returns the dotted_path. If the
-    path is not in the sys.path, just returns None.
-    """
-    sep = os.path.sep
-    shortest = None
-    sys_path = get_sys_path()
-    for s in sys_path:
-        if fs_path.startswith(s):
-            path = fs_path[len(s):].strip(sep)
-            path = re.sub('\.[^%s]*|%s__init__.py$' % (sep, sep), '', path)
-            dotted = '.'.join(path.split(sep))
-            # At this point dotted could be both `lib-dynload.datetime` and
-            # `datetime`. The shorter one is typically the module we want.
-            if shortest is None or len(shortest) > len(dotted):
-                shortest = dotted
-    return shortest
-
 def get_modules_containing_name(mods, name):
     """
     Search a name in the directories of modules.
diff --git a/jedi/settings.py b/jedi/settings.py
index a0839e99..0daa3fad 100644
--- a/jedi/settings.py
+++ b/jedi/settings.py
@@ -180,7 +180,9 @@ dynamic_flow_information = True
 Check for `isinstance` and other information to infer a type.
 """
 
-auto_import_modules = ['hashlib']
+auto_import_modules = [
+    'hashlib',  # setattr
+]
 """
 Modules that are not analyzed but imported, although they contain Python code.
 This improves autocompletion for libraries that use ``setattr`` or
diff --git a/test/completion/std.py b/test/completion/std.py
index 9372f481..f7ee7d14 100644
--- a/test/completion/std.py
+++ b/test/completion/std.py
@@ -114,3 +114,12 @@ def huhu(db):
     """
     #? sqlite3.Connection()
     db
+
+# -----------------
+# hashlib
+# -----------------
+
+import hashlib
+
+#? ['md5']
+hashlib.md5