South London College
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A career in banking is desired worldwide due its high pay, job reputation and many other associated job benefits. However, getting into this competitive industry requires you to have extensive knowledge and skills on banking, and this Diploma in Banking – Level 3 has been developed just to do that. This banking course will get you acquainted with all the necessary banking principles and concepts to help you advance your banking career or to help you expand your education in the area.
Starting with the essence of banking within an economy, this course will systematically guide you on the operations of a banking system. You will come to understand the role of banks in money creation, after which you will learn how to critically evaluate current and major practices of banking and finance. How to manipulate numerical and financial data and how to apply statistical and mathematical concepts within a banking context will also be thoroughly emphasised in this program.
Many types of banks operate within a given economy, with each bank having different customers and providing different banking services.. This course is set to explore all of these banking structures and its services, followed by modules that will discuss the principles and procedures of the business information systems. This course will also make you an expert in analyzing business activities and forecasting financial projections. By the completion of this course, you will walk away with an accredited certification that will help you make substantial progress within the banking industry.
The course has been endorsed under the ABC Awards and Certa Awards Quality Licence Scheme. This means that Global Edulink* has undergone an external quality check to ensure that the organisation and the courses it offers, meet defined quality criteria. The completion of this course alone does not lead to a regulated qualification* but may be used as evidence of knowledge and skills gained. The Learner Unit Summary may be used as evidence towards Recognition of Prior Learning if you wish to progress your studies in this subject. To this end the learning outcomes of the course have been benchmarked at Level 3 against level descriptors published by Ofqual, to indicate the depth of study and level of demand/complexity involved in successful completion by the learner.
The course itself has been designed by Global Edulink* to meet specific learners’ and/or employers’ requirements which cannot be satisfied through current regulated qualifications. ABC Awards & Certa Awards endorsement involves robust and rigorous quality audits by external auditors to ensure quality is continually met. A review of courses is carried out as part of the endorsement process.
Eligible for TOTUM card - TOTUM is the #1 student discount card and app giving you access to exclusive student deals on food and fashion, tech and travel and everything in between.
*South London College is an approved reselling partner for ABC Awards courses under Global Edulink
*Regulated qualification refers to those qualifications that are regulated by Ofqual / CCEA / Qualification Wales
You will be Eligible for 14 days immediate access to an Accredited Course from South London College.
- Check the suitability of the course compared to your requirement.
- Free 14 day temporary access to Study materials and more.
- You can upgrade temporary access to fully paid access at the end of or before 14 days.
- Complete your qualification and upgrade your skills to advance your career
- No Commitment. No Credit Card required for the 14 Days access.
What Will I Learn?
- Gain a clear understanding of how major context within the banking industry operate.
- Learn how to critically evaluate current and major practices of banking and finance.
- Learn how to manipulate numerical and financial data, and the understanding and ability to apply statistical and mathematical concepts.
- Understand the principles and procedures of the business information systems.
- Learn how to analyse business activities and forecast financial projections.
- Gain an accredited qualification that will take your skills and knowledge to the next level.
1: Essence of Banking
- Essence of banking
- The financial system
- Lenders and borrowers
- Financial intermediaries
- Financial instruments
- Financial markets
- Money creation
- Price discovery
- Allied participants on the financial system
- Principles of banking
- Fundamental issues in banking
- Basic raison d’être for banks: information costs and liquidity
- Information costs
- Asymmetry in liquidity preference
- OTC versus securities markets
- Broad functions of banks
- Facilitation of flow of funds
- Efficient allocation of funds
- Assistance in price discovery
- Money creation
- Enhanced liquidity
- Price risk lessened for the ultimate lender
- Improved diversification
- Economies of scale
- Payments system
- Monetary policy function
- The balance sheet of a bank
- Share capital (equity)
- Liability and asset portfolio management
- Money creation
- Off - balance sheet activities
- Off – balance - sheet activities that carry risk
2: Money Creation
- Money creation
- Learning objectives
- What is money?
- Measures of money
- Monetary banking institutions
- Money and its role
- The cash reserve requirement
- Money creation does not start with a bank receiving a deposit
- Notes and coins deposited
- Government spends
- Money creation starts with a bank loan
- Money creation is not dependent on a cash reserve requirement
- Is “money supply” a misnomer?
- Banks’ prime lending
- The money identity and the Creation of money
- Role of the central bank in money creation
3: Risk in Banking
- Risk in banking
- Learning outcomes
- The concept of risk
- Interest rate risk
- Ideal and extreme portfolios
- Management of interest rate risk
- Interest rate repricing gap analysis
- Duration analysis
- Market risk
- Liquidity risk
- Balance sheet changes resulting from deposit withdrawals and drawdowns on loan facilities
- Conditions for creation of liquidity
- Impeccable record
- Volume of and the type of liquid assets
- Active secondary financial markets
- Measures of a bank’s liquidity exposure
- Bank liquidity and a “bank run”
- The central bank and the bank run
- Deposit insurance
- Credit risk
- Asymmetric information, adverse selection and moral hazard
- Management of credit risk
- Compensating balances and monitoring of business transactions
- Long - term relationship building
- Loan commitments
- Collateral requirement
- Credit rationing
- Specialization in lending
- Credit derivatives
- Sovereign credit risk
- Banking statute returns in respect of credit risk
- Currency risk
- Operational risk
- Information technology systems risk
- Human resources risk
- Reputation risk
- Compliance risk
- Legal and documentation risk
- External risk
4: Bank Models
- Bank models & prudential requirements
- Learning outcomes
- Bank models
- Commercial banks
- Mutual banks/building societies
- Merchant and investment banks
- Trading banks
- Private Banks
- Islamic banks
- Development banks
- Micro – credit banks
- Co – operative banks
- Dedicated banks
- Discount houses
- Rationale, objectives & principles of regulation
- Rationale for regulation
- Systemic malfunction
- Market imperfections
- The moral hazard problem
- Economies of scale
- Consumer confidence and consumer demand for regulation
- Supplier demand for regulation
- Objectives of regulation
- Promotion of financial stability
- Promotion of fair and healthy competition
- Promotion of consumer protection
- Principles of regulation
- Efficiency-related principles
- Stability-related principles
- Conflict-conciliatory principles
- Regulatory-structure principles
- General principles
- Prudential requirements
- Basel accords
- Pillar 1: minimum capital requirement
- Pillar 2: supervisory review (regulatory response to Pillar 1)
- Pillar 3: market discipline (promotes greater stability in the financial system)
- Basel III
- The banking statute: general
- The banking statute: prudential requirements
- Share capital and unimpaired reserve fund
- Liquid assets
- Large exposures
- Reserve requirement
5: End Notes
The course will be directly delivered to you, and you have 12 months access to the online learning platform from the date you joined the course. The course is self-paced and you can complete it in stages, revisiting the lectures at any time.
Method of Assessment
In order to complete the Diploma in Banking – Level 3 successfully, all students are required to complete a series of assignments. The completed assignments must be submitted via the online portal. Your instructor will review and evaluate your work and provide your feedback based on how well you have completed your assignments.
At the end of this course successful learners will receive a Certificate of Achievement from ABC Awards and Certa Awards and a Learner Unit Summary (which lists the components the learner has completed as part of the course).
Course Code: QLS-04478
Awarding body (Accreditation)
ABC Awards and Certa Awards have long-established reputations for providing high quality vocational qualifications across a wide range of industries. ABC Awards and Certa Awards combine over 180 years of expertise combined with a responsive, flexible and innovative approach to the needs of our customers.
Renowned for excellent customer service, and quality standards, ABC Awards and Certa Awards also offer regulated qualifications for all ages and abilities post-14; all are developed with the support of relevant stakeholders to ensure that they meet the needs and standards of employers across the UK.
Who is this course for?
- Financial Officer
- Accountant, Finance Managers
- Students studying Finance
- Learners should be age 19 or over, and must have a basic understanding of Maths, English, and ICT.
- A recognised qualification at level 2 or above in any discipline.
- Accountant - £28,612 per annum
- Banker - £24K per annum
- Relationship Banker - £29,703 per annum
- Accounts Executive - £22,196 per annum
- Staff Accountant - £25,261 per annum
Questions and answers
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What is the pricing after the 14 days free access period?
Dear kai Thank you very much for your query. You will get free 14 day temporary access to Study materials and more.And then you can upgrade temporary access to fully paid access at the end of or before 14 days.So the total cost is £49 and Exam(s) / assessment(s) is included in price.Hurry up to grab the discount , as it ends soon. Regards, Student Support Team.This was helpful. Thank you for your feedback.
In one section it says paying £49 gives full 12 months access. In another section it says 14 days access and then you pay again. Please clarify.
Dear Sir/Ma'am Thank you very much for your query. You will get Free 14 day temporary access to Study materials.Then you can upgrade temporary access to fully paid access at the end of or before 14 days. Hurry up ! as the discount ends soon. Regards, Student Support Team.This was helpful. Thank you for your feedback.
i am 18 years of age, the websites states 'should be 19 and over' is this a requirement or a suggestion?
Dear Jameseardley Thank you very much for your query. You can enroll. Hurry up to grab the discount as it ends soon. Regards, Student Support Team.This was helpful. Thank you for your feedback.
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