Discipline: Banking and Finance ( Banking ) Degree Credit  [X]
Non Credit  [ ]
Nondegree Credit  [ ]
Comm Service  [ ]
 

Riverside Community College District
Integrated Course Outline of Record

Banking 51


COURSE DESCRIPTION
51 Principles of Banking Units: 3.00
 
Prerequisite(s):
None.
A study of the diversified services offered by the banking industry. This course explores and analyzes the banking industry and the functions of commercial banks, with particular attention to the deposit, payment, and credit functions as well as fund management and specialized products and services. 54 hours lecture.
 
SHORT DESCRIPTION FOR CLASS SCHEDULE
Reviews the fundamentals of bank functions from an operational perspective.
 
ADVISORY ENTRY SKILLS
None.

STUDENT LEARNING OUTCOMES
 Upon successful completion of the course, students should be able to:

Describe the roles of financial institutions in the American economy.

Analyze the structure and the function of the Federal Reserve.

Explain the deposit function of financial institutions.

Analyze instruments to determine negotiability.

Explain the payment and credit function of financial institutions.

Explain methods used to protect customer/members and bank assets.

Describe services available to customer/members.

Identify the various types of bank loans and investments.

Explain how bank regulations impact the operations of a bank.
 
COURSE CONTENT
  TOPICS
 
  1. The fundamentals of financial services
  2. Banking and the Public
  3. The Evolution of Banking
  4. Managing and Reporting Bank Investments and Performance
  5. Deposit Accounts
  6. Payments
  7. Lending
  8. Specialized Products and Services
  9. Building Relationships: Sales and Customers
  10. Safeguarding Customers and Bank Assets
  11. Contemporary issues and developments vital to the banking industry
  12. Context, structure and operation of banks as profit-making enterprises
  13. Evolution of the U.S. banking system, including laws, regulations and regulators
  14. Operations of banks from managing assets to managing liabilities
  15. Deposit products and services, opening accounts
  16. Checks as negotiable instruments, check processing, and other payment systems
  17. Lending, including loan types and the lending process
  18. Specialized services such as trust, investments, capital markets, insurance, cash management and global banking
  19. Building customer relationships by meeting customer expectations, understanding the purchasing process, sales and marketing
  20. Fiduciary role of banks in protecting customer information,  safeguarding customer and bank assets, deterring financial crimes and protecting the nation's financial system
  21. Responsibility of bank employees to act ethically and maintain customer confidence
  22. Role of bank employees in protecting customer information and deterring financial crimes such as bank fraud, computer attacks,  identity theft and other schemes
  23. Recent legislation affecting banking such as USA PATRIOT Act and Sarbanes Oxley
  24. Approaches to asset management including developing fee-based services
  25. Check payment process described through the roles of the parties  of a check
  26. Innovations in electronic payments systems such as debit cards, Check 21, and the Internet
  27. Specialized products such as insurance
  28. Customer service, cross-selling and referrals, and building customer relationships
 
METHODS OF INSTRUCTION
 Methods of instruction used to achieve student learning outcomes may include, but are not limited to:

  • Lecturing/conducting discussions and demonstrations to explain fundamental banking principles.
  • Showing videos to provide different perspectives regarding banking and the banking industry.
  • Conducting pair and small group activities/discussion to facilitate understanding of real-life situations faced by bankers.
  • Assigning report and paper writing to enable focused study of banking industry area of interest.
  • Providing handouts for increased course coverage of banking industry areas most subject to current change.
  • Inviting guest lecturers to explain current procedures and expected advancements, and to bring current bank operations experience into the classroom.
  • Assigning web-based/web-enhanced/online tasks and activities to increase course coverage and understanding, while also familiarizing students with online resources available to the banking industry practitioner and student.
 
METHODS OF EVALUATION
 Students will be evaluated for progress in and/or mastery of learning outcomes by methods of evaluation which may include, but are not limited to:

  • Oral reports/presentations designed to demonstrate critical thinking.
  • Written reports/presentations designed to promote research and demonstrate critical thinking.
  • Quizzes/examinations designed to evaluate mastery of learning outcomes.
ASSIGNMENTS

Required Reading Assignments


Required Writing Assignments


Other Outside-of-Class Assignments
 
COURSE MATERIALS
 All materials used in this course will be periodically reviewed to ensure that they are appropriate for college level instruction. Possible texts include:

  • Buzzell, David, and Sally Spasovski. Principles of Banking. 8th ed. American Bankers Association, 2004.
  • Koch, Timothy W. and MacDonald, S. Scott. Bank Management. 5th ed. Thomson Learning, 2003.
  • Center for Financial Training. Banking and Financial Systems. Thomson Learning, 2003.
  • Center for Financial Training. Banking Systems. Thomson Learning, 2005.
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