Fundamental Course in Finance and Banking

[Monirul Islam]

Introduction
A Skill Development and Grooming Course for Business Graduates
This course is designed for the business graduates who are interested to start their career in banks and other financial institutions. It will introduce the participants with various job roles in financial institutions and build skills required to start and succeed in banking and finance profession. The course is job focused and designed to integrate theory with real life professional practice.

Learning Outcomes
(1)Get an overview of operations of banks and financial institutions;
(2)Understand organogram of banks and non-bank financial institutions;
(3)Identify products and customers of a bank/NBFI and understand sales and relationship management in banking industry;
(4)Gain practical financial analysis skills needed for credit approval;
(5)Understand credit risk, operational risks and market risk management for banks and financial institutions;
(6)Gain practical knowledge on treasury operations in financial institutions;
(7)Understand international trade – import and export related activities of a bank;
(8)Gain understanding of banking rules and regulations in Bangladesh;
(9)Gain essential administrative, team management, meeting and presentation skills;
(10)Understand E-governance in financial sector and effective use of Microsoft Office applications;
(11)Language and communication skills for banking professionals – introduction to financial English;
(12)Go global – know about international qualifications and scope of professional qualifications for finance professionals.

Methodology
The course is job focused and designed to integrate theory with real life professional practice.
Contents of Training:
Session One: Overview of Operations of Banks and Financial Institutions
How financial institutions operate and contribute in the economy should be well understood by the potential professionals in this sector. The contents of the session would be –

Understand how an economy operates financially;
Know how financial institutions contributes to the economy;
Understand operations of financial institutions;
Understand the difference between banks and non-bank financial institutions.

Session Two: Organogram of Banks and Financial Institutions
Financial institutions are generally highly structured and have well planned orgranogram. Understanding the organogram of a financial institution can help the students to set up their vision and career plan. In this session the learners will go through the following contents:

Identify and analyze the orgarnogram of a number of financial institutions in Bangladesh;
Identify various job roles in a bank/NBFI and their corresponding responsibility;
Explore the skill sets required for various job roles;
Assess yourself and decide on your career route in a financial institution.

Session Three: Financial Products, Customers, Sales and Relationship Management
Who are the customers of a financial institution? Borrowers or lenders? It is confusing to many of us. Sales and relationship management process in banks are also a little different from other institutions. In this session participants will go through following learning outcomes:

Identify and analyze the products and services of a financial institution;
Identify and analyze the customers of financial products and services;
Know the selling techniques and sales management process in a financial institution;
Understand the relationship management process in bank or non-bank financial institutions.

Session Four: Practical Financial Analysis Skills
Knowledge of basic financial analysis is essential for almost all professionals in financial institutions. In this session students will learn the following topics:

Understand the accounting process and financial statements of individuals, retailers and corporations;
Understand the financial statements of banks and non-bank financial institutions;
Analyze financial statements from quantitative viewpoints;
Analyze financial statements from qualitative viewpoints.

Session Five: Credit Risk, Operational Risk and Market Risk Management
Understanding risk and its management is a crucial skill for banking professionals. In this session the participants will be aware of risks in financial institution. The contents are –

Understand credit risks and explore credit risk management process;
Understand operational risks and explore operational risk management process;
Understand market risks and explore market risk management process;
Get introduced to BASEL framework – a comprehensive risk management tool.

Session Six: Treasury Operations in Banks and Financial Institutions
Treasury is the most important department of a bank. However, business graduates hardly gain any knowledge on practical treasury operation during their academic career. In this session participants will learn the following topics. These are:

Understand asset and liability management process;
Understand fund management process;
Gain concepts of bank's interest rate risks and sensitivities;
Know how banks manage reserve and risk capital requirements.

Session Seven: International Trade
Financial institutions are crucial catalyst of international trade. A major source of bank's revenue comes from assisting international trade. The contents of this session are:

Explore the international trade process – import and export;
Know the legal procedure in international trade;
Know the documentation process in international trade;
Know the risks of bank's involving in international trade;

Session Eight: Banking Rules and Regulations
Banks and other financial institutions are strictly governed by rules and guidelines. An understanding of such rules and regulations is essential to be successful in finance career. Contents of this session are:

Identify the key points from effective banking act;
Understand Bangladesh bank guidelines;
Understand international banking rules and regulations;
Understand rules and regulations specific to banks and non-bank financial institutions.

Session Nine: Administrative, Team Management, Reporting and Presentation Skills
All professionals need to how to administer an organization, work inside a team, how to report and present information. In this session students will develop the following skills:

Gain basic administrative and office management skills;
Know how to manage and work in a team;
Know how to prepare reports for various purposes;
Gain verbal presentation skills.

Session Ten: E-governance in Financial Sector with Effective use of Office Applications
E-governance has been implemented by many banks in Bangladesh. To be a member of e-society it is essential to have fundamental IT skills and related application skills. In this session students will gain the following outcomes:

Gain fundamental concepts information technology and systems for banks and financial institutions;
Know how to use Microsoft Word, Excel and PowerPoint;
Use Microsoft Outlook for effective email, contacts and time management
Know how bank's use information technology in Bangladesh.

Session Eleven: Financial English and Communication
Understanding wide range of financial jargon is essential for success in banking sector. In this session the participants will gain the following skills:

Read finance and accounting related literature comfortably;
Write business quality English;
Speak comfortably in English;
Understand jargons in financial industry in wide variety of situations.

Session Twelve: International Qualifications for Finance Professional
Progress in financial career demands international professional qualifications. In this session students will be aware of various professional qualifications to be chosen in future.

Source: bdjobs