FIN 101 - Principles of Banking

3 Credit(s)
This course will provide an overview of banks and banking, emphasizing current issues and trends. A bank’s organizational structure, line/staff functions, and employee responsibilities are reviewed. The regulatory environment of banking is studied, including the involvement of the Federal Reserve and monetary policy. Bank deposit services are examined, focusing on the types and requirements of deposit accounts, negotiable instruments, payment flows, and the check collection process. The credit function is also studied, reviewing proper underwriting guidelines for consumer, mortgage, and commercial loans. Skills learned include methods of measuring and analyzing the performance of financial institutions. Lecture Hours: 48 |

Note: Corresponds to college or university lower division coursework.