Your cart is empty.
Keep shoppingBanking 101 - Introduction to the Banking System
1,041 students
Banking 101 - Introduction to the Banking System
Learn the foundation of banking, bank's different products & services, internal structure, interest types & much more.
Created byKareem Al Banna
Last updated 9/2023
English
English [Auto],
What you'll learn
- How do banks operate (Generally speaking).
- Most common banks' functions.
- Bank's various products and services (The most common ones).
- Responsibilities and duties of most occupations in banks.
- How do banks generate profit.
- Different types of interest rates.
- How to calculate your loan, credit card or overdraft's interest amount.
- Future of banks and current challenges.
Explore related topics
Course content
6 sections • 9 lectures • 41m total length
Requirements
- There are no prerequisites or requirements for taking this course, as you will learn all the "basic" information needed do be aware of the banking industry and how it works "in general".
Description
Hello everyone!
This course (Banking 101 - Introduction to the Banking System) includes comprehensive materials that are helpful in giving you an overall solid banking background to help you in your day-to-day banking transactions and financial decisions.
The course covers beginner and Intermediary level of information about the banking industry from an insiders perspective. You are going to take away different approaches at understanding bank's roles, its various financial solutions (In theory & practice) and other competing financial services providers.
By the end of this course, you will fully understand bank's types and functions, and different jobs inside of a bank along with their responsibilities and location in the bank's internal structure.
You will know how to calculate your Loan's monthly payment, in addition to your Credit Card and Overdraft's interest. Furthermore, you will get to know the difference between them and which is better catered to meet your financial needs.
You will fully understand what does an Interest mean. Also, you will be able to differentiate between Debit and Credit Interest, get oriented with the most common interest types.
We also covered in this course the uplifting current challenges that banks face and their driving forces for banks to go extinct.
See you all in the course ;-)
Who this course is for:
- Anyone who wants to know how do banks work and how to choose the best banking solution that meets their financial needs.
- Students who are joining an internship at a bank and need to be aware of this sector.
- Individuals who are interested in working in the banking industry.