English for Banking II
English for Banking & Finance is part of the Vocational English series. It is designed for students in vocational education and for company employees in training at work. Written by industry practitioners, it combines a strong grammar syllabus with the specialist vocabulary and skills that learners need to succeed in their chosen field.
Level 1 English for Banking and Finance is designed for students with a basic knowledge of general English who now require an elementary (CEF level A1-A2) English course in this specific field. It includes:
topics that reflect the latest developments in banking and finance, making them immediately relevant to students’ needs;
clearly defined language and function objectives which are backed up by comprehensive on-the-page language boxes.
Commercial Law II / Banking
This course is designed for students and consists of Introduction. Property law. Definition of Commercial law; Origins of Commercial Law. Definition and forms of obligation. Penalty, earnest payment, guarantee. Transfer of a personal right between creditors or debtors (cession, assignation, guarantee) Restitution, statute of limitations. Contract of sale. Lease agreement. Timeshare agreement, Agency agreement, Shipping agreement, Commission agreement, License agreement. Securities (Promissory note and cheque).
Course Objectives:
- understanding basic principles and origins in the area of commercial law,
- theoretical and practical preparation enabling students to acquire knowledge and skills related to commercial law.
On successful completion of this course, student should be able to:
- define basic terms, values and laws in the area of commercial law,
- describe methods of applying principles and provisions of commercial law,
- compose simple contracts,
- asses the correctness of applying specific laws to a specific cases and choosing the most appropriate one
Banking Marketing
This course explores the role of marketing and the change. For many years the primary focus of bank marketing was public relations. Then the focus shifted to advertising and sales promotion. That was followed by focusing on the development of a sales culture. Nowadays, banking sector all elements of the marketing concept – consumer satisfaction, profit integrated framework and social responsibility are all equally important. Therefore, The businesses that provide services understand that delivering value and customer satisfaction are key to ensuring their business survive and flourish. It is argued that services now dominate marketing, whereas goods used to have the upper hand (domination). This course is designed for students interested in understanding specific features of banking and applying these features for attracting clients and promoting banking products. The objective of the course is also identifying current marketing position of a bank. Furthermore, it is designed to expand the knowledge by means of forming psychological and communicative competences. Finally, it introduces students to the foundations of financial marketing and current challenges for the bank in a competitive business environment, resulting into modifications of their marketing strategies since marketing plays an important role in financial markets. Throughout the completion of this course, students would be able to:
- Understand the economic and social significance of the financial services sector.
- Appreciate how recent thinking in marketing and services marketing applies to financial services.
- Identify key issues for marketers of financial services.
- Appreciate the role of value in the marketing of financial services.
- Comprehend key pricing considerations in the marketing of financial services.
- Generate and utilize the ideas of new banking products, location of new branches and attracting customers of different segments.
Investment & Portfolio Management
The course presented examines the theoretical basis and practical approach to managing investment portfolios of financial assets. The course objective is to acquaint students with the theoretical foundation of modern portfolio theory, the major groups of investors and their investment objectives and constraints, and to learn how to employ practical skills in investment management, forming capital market expectations and forecasting markets activity to justify major investment portfolio management strategy for equity and fixed-income instruments.
A distinctive feature of the course is to focus on practical issues of managing the investment portfolio, ground on the results of recent academic research in the field of portfolio management. As a result of the course, students will know the basic theoretical foundations of portfolio theory, understand the investment process scope and stages, be able to form market expectations and build strategic asset allocation, select the optimal investment strategy. The objective of this course is to introduce the intuition and concepts of Investment analysis and portfolio management. Two broad decisions have been taken by any investors: allocation of the total investment in available
asset classes and how to select the assets within asset classes for investment. The decision of allocation and selection
of investment assets is based on the trade-off between risk and return, availability of the risk mitigating tools and
investment horizon with other parameters. The aim of the course is to provide the theoretical underpinning of the
subject with the implications in the real world. The course will help the participants in developing skills required to
conduct assessment of current issues covered by media and specialized journals.
Quantitative Methods
This course will cover operation research such linear programming problems, Graphical solution, Simplex method, Big-M method and optimal solution . Also it will cover some topics in some basic concepts in probability theory and operation research like Normal distribution, Bernoulli and Binomial distributions and Poisson distribution. This subject is intended to: The purpose of this module is training students how to calculate the maximum and minimum profit for whatever purpose and predict scenarios which will happen next to choose the right decision. At the end of this course and having completed the Essential reading and activities, you should be able to:
- Introduction of linear programming problem.
- Apply linear programming to find the solution.
- Construct a model to represent system of equations.
- Find the feasible solution of Graphical solution for two variables LPP.
- Apply Graphical solution and solve two variables LPP.
- Use Simplex method and application
- Use Game Theory applications
- Understand the basic concept of probability theory.
- Use Normal and binomial distribution to analyze the Data.
- Use Poisson distribution to find the average.
Credit Management
The main goal of this course is to develop a foundation of financial management concepts. This will enable the student to understand what credit risk management is, what the lending objectives are, and how to measure credit risk. The course also lays a foundation for more complex credit management topics that arise in additional elective courses in finance. This course in credit management also describes the credit rating systems.Topics and Lessons for Credit Management :
Lesson 1 Introduction to credit risk management
Lesson 2 The Credit Process
Lesson 3 Credit Selection
Lesson 4 Credit Risk
Lesson 5 Application of Credit Risk Measurement
Lesson 6 Objectives of Credit Portfolio
Lesson 7 Credit Risk Loss Distribution
Lesson 8 Credit Rating Systems
Lesson 9 The Economics of Credit
Lesson 10 The Basel Accords
Final Exams
Financial Risk Management
The course covers the risks that are faced by an individual or firm and the various methods for their treatment. Methods of treatment include, but are not limited to, insurance, loss prevention, surety ship, simple retention, and self-insurance. Topics include personal and business insurance. This couse is intended to:
define the nature of risk and identify the risks facing both individuals and organizations today;
describe the principles of risk management and the role of the risk manager;
outline the risks associated with loss of income, ownership of property, and legal liability;
classify the various types of insurance, which are used to reduce the chance of loss and identify other loss prevention/reductions mechanisms, which may be appropriate; and explain our society's treatment of fundamental risks, the concepts of social insurance used to treat these risks, and surety ship. Learning activities of the course are: define different types of risks, hazards and perils, and explain the adverse effect of risk on economic activity
understand the basic statistical principles of insurance and identify the situations where insurance may be used as a risk-sharing or risk-transfer device
differentiate between private and social insurance and recognize the respective needs for each
understand the structure of the insurance industry and the unique facets of an insurance company, including its financial operations
describe the general principles of contract law with a particular emphasis on those principles that are peculiar to insurance
understand the traditional forms of whole life, endowment, and term insurance, as well as some of the innovative life policies, which are now available
describe the annuity contract and understand the various uses of annuities today
understand the need for disability income insurance and the provisions of the disability income policy
identify the various types and appropriate uses of medical expense insurance contracts
review the concept of the Social Security system, including the coverage it provides, the soundness of the program, and proposals for future changes
explain the Workers Compensation and Unemployment Compensation programs
understand the concept of estate planning and discuss the various tools, which are used to minimize estate shrinkage
understand the unique characteristics of group insurance and identify the types of group insurance most frequently used
understand the nature of pension plans and other retirement plans and outline the requirements for pension plans established under the Employee Retirement Income Security Act of 1974 (ERISA) review the concept of property insurance with a particular emphasis on the various forms of Homeowners and Inland Marine insurance policies discuss the legal concepts of negligence and identify methods of dealing with legal liability understand the nature and need for automobile insurance, the types of automobile coverage, and a review of the computation of auto insurance costs
discuss commercial property and liability coverage available for businesses understand the principles behind surety and fidelity bonding recognize how government functions as an insurer identify the need for regulation of the insurance industry, explain the methods by which the industry is currently regulated, and discuss proposals of future regulation understand surety ship
Commercial Banks
This course is designed to provide the students with tools and techniques to manage commercial banks. The content of the course included: performance evaluation of a bank, asset-liability management, management of various kinds of risks, such as interest rate risks, and also fund management and investment management. The class will examine management problems and policies of banks. The material to be covered will
include: balance sheet management (liquidity, liabilities, spread management, and investment management), capital adequacy, cost of funds, bank profitability, planning and management systems, and the regulatory environment.
Learning Objectives:
This course has the following specific learning objectives. After completing this course, you should be able to:
- Understand the basic problems of bank management.
- Analyze bank regulations and policies.
- Evaluate bank profitability and risk management.
- Examine the international bank environment, deposits, liquidity and capital.