Course Title: Elements of Banking and Finance
Course Code: FINA1001
Credits: 3 Level: 1
Course Description
This course is designed to introduce learners to the basic concepts, theories and issues involved in banking and finance in an economy, and the managerial issues that confront banking institutions. Learners are introduced to the institutions that comprise the financial sectors in the region, their organizational structure, the legal framework and constraints within which the financial institutions operate, banker/customer relations, and banking operations and services. Emphasis is on developing an understanding of practice, and application of functional skills to enhance understanding of institutions’ operations in the sector.
Course Objectives
Upon completion of the course the learner will be able to:
- Describe the structure of the financial system in the region and in individual countries.
- Outline fundamental principles of banking and finance.
- Assess the roles played by banks and other financial institutions in the financial system
- Explain the fundamentals of bank lending and securities /collateral.
- Outline the roles and functions of regulation and supervision in the financial system.
- Describe the capital structure of banks and other financial institutions and how they are financed.
This course aims to:
- Provide learners with knowledge of banking policy and operations in an economy
- Allow learners to understand how banking and financial decisions are made
- Examine the role of banking and financial activities in the financial system.
