Introduction to Banking
- Offered byAlison
Introduction to Banking at Alison Overview
Duration | 6 hours |
Total fee | Free |
Mode of learning | Online |
Official Website | Explore Free Course |
Credential | Certificate |
Introduction to Banking at Alison Highlights
- Earn a Certificate of completion from Alison
- Accredited by CPD
Introduction to Banking at Alison Course details
- Discuss fractional reserve banking
- Discuss fundamentally how a bank and banking system works
- Explain fundamental banking terms such as reserve ratio, liquidity, leverage, equity, etc
- Recognise how Fractional Reserve banking works. Review treasuries release by the US government
- Explain the difference between a repurchase agreement and loan collateral
- Explain what LIBOR is and how the banks make use of it
- This course will give you an overview of how the banking system operates and introduce you to what a bank's income statement actually contains
- Cover common terms used in banking such as multiplier effect, money supply, bank notes, and cheques, and learn their definitions and importance
- Study reserve banking, open market operations, fed funds rate, discount rate, and the federal reserve balance sheet
Introduction to Banking at Alison Curriculum
Banking Basics
Learning Outcomes Banking Basics
Introduction to Banking
A Bank's Income Statement
Fractional Reserve Banking
Multiplier effect and the money supply
Introduction to Bank Notes
Bank Notes and Checks
Giving out loans without giving out gold
Reserve Ratios
More on Reserve Ratios
Introduction to Leverage
A Reserve Bank
Treasuries
Open Market Operations
Feds Funds Rate
More on the Fed Funds Rate
Lesson Summary Banking Basics
Introducting Fractional Reserve Banking
Learning Outcomes Introducing Fractional Reserve Banking
Why Target Rates vs. Money Supply
What happened to the Gold?
Big Picture Discussion
The Discount Rate
Repurchase Agreements
Federal Reserve Balance Sheet
Fractional Reserve Banking - Introduction
Fractional Reserve Banking - Deposit Insurance
Fractional Reserve Banking - Big Picture
LIBOR
Lesson Summary Introducing Fractional Reserve Banking
Course assessment
Introduction to Banking Course assessment