Jun 25, 2024  
2021-2022 Course Catalog 
    
2021-2022 Course Catalog [ARCHIVED CATALOG]

Add to Portfolio (opens a new window)

FIN 101 - Principles of Banking

Credits: 3
Lecture Hours: 3
Lab Hours: 0
Practicum Hours: 0
Work Experience: 0
Course Type: Open
This course surveys banking functions. It provides a comprehensive introduction to the diversified services offered by the banking industry today.
Competencies
  1. Demonstrate the effect of full service commercial banking on the economy, the community, businesses, and individuals
  2. Explain the relationship between the deposit function, the credit function, and the payments function
  3. Evaluate the history of banking to judge the future of banking based on where it is today
  4. Identify the basic banking terms
  5. Describe the services that banks offer to governments, businesses, individuals, and correspondents
  6. Explain the different types of accounts
  7. Demonstrate how deposits are made, examined, sorted, proved and processed
  8. Identify the bank’s legal relationship with various types of depositors
  9. Explain check processing and collection
  10. Recognize the difference between paying and cashing a check
  11. Identify the various types of bank loans and investments
  12. Relate bank regulations to the operations of a bank



Add to Portfolio (opens a new window)