FIN261 : Banking basics

Department

Department of Financing and Banking

Academic Program

Bachelor in Finance and banking

Type

Compulsory

Credits

03

Prerequisite

FIN160

Overview

The course aims to introduce the student to what commercial banks are, and to clarify the relationship between commercial banks and the central bank, as well as to provide the student with the concepts and foundations upon which banks are based.

Intended learning outcomes

A. Knowledge and understanding:

  • Introducing students to basic concepts about the nature and importance of commercial banks.
  • Introducing students to the types of commercial banks, intermediary banking institutions and central banks.
  • Introducing students to the concept of saving and mobilizing savings in commercial banks
  • Introducing the student to the budgets of commercial banks and the structure and components of the Libyan banking system.

B. Mental skills:

  • Develop the student's ability to identify the nature, importance, and most important features and functions of commercial banks.
  • Develop the student's ability to compare the different types of commercial banks, identify the new banks, such as electronic and home banks, and identify intermediary banking institutions.
  • Develop the student's ability to identify the concept and characteristics of the Central Bank, its budgets and tools.
  • Develop the student's ability to understand the forms of banking vessels in mobilizing savings, the form of the basic divisions of the commercial bank's budgets, and understanding the nature and structure of the Libyan banking system and its importance to the Libyan economy.

c. Scientific and professional skills:

  • That the student understand the basic concepts about the nature of commercial banks, their importance and the characteristics that distinguish them from other financial institutions.
  • That the student diagnoses the different types of commercial banks and compares them to intermediary banking institutions and the degree of their development.
  • The student analyzes the Central Bank's tools and budgets.
  • That the student understand the role of commercial banks in mobilizing savings.

D. General skills:

  • Encouraging dialogue and discussion.
  • Developing the student's ability to use the computer in various applications.
  • Developing the student's problem-solving skills and enabling him to keep up to date with what is new in this subject.
  • Connecting the student with relevant institutions.

Teaching and learning methods

  1. Study lectures.
  2. Case studies and practical applications.
  3. Various exercises on the contents of the course.
  4. Diversity in questions and activating panel discussions to develop comprehension.

Methods of assessments

  1. Midterm exam 20%.
  2. Activity 10%.
  3. Research paper 10%.
  4. Final exam 60%.

Course content

Number of hours

scientific subject

Week

3

Commercial banks, their nature and importance.

1

6

Types of commercial banks.

2-3

6

intermediary banking institutions.

4-5

6

central banks.

6-7

9

commercial bank budgets.

8-9-10

6

Commercial banks and savings mobilization.

11-12

6

banking system.

13-14

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Audit and control of banks (FIN465)
Various insurance (FIN464)
Re Insurance (FIN463)
Finance and real estate investment (FIN462)
Contemporary financial issues (FIN460)
Quantitative methods in finance (FIN369)
Takaful insurance (FIN368)
Financial indicators and investment funds (FIN367)
International investment (FIN366)
Financial derivatives (FIN365)
Securities and currencies analysis (FIN364)
Advanced corporate finance (FIN363)
Investment evaluation (FIN362)
Corporate finance (FIN360)
Financial analysis and forecasting (FIN269)
Financial institutions (FIN268)
Banking operations and policies (FIN267)
Financial markets (FIN266)
Islamic financing and investment formulas (FIN265)
Fundamentals of Islamic banking (FIN264)
Insurance basics (FIN263)
Financial policies (FIN466)
International Finance (FIN467)
Financial management (FIN260)
Strategic financial analysis (FIN468)
Banking marketing (FIN469)
Planing peincipals (PLA170)
Financing Principles (FIN160)
Accounting Principles I (ACC 130)
Principles of Accounting II (ACC131)
Investing basics (FIN262)
Banking basics (FIN261)