Details
ALISON’S free course - Introduction to Banking - will prove useful to business and finance professionals, as well as anyone who would like to learn more about banking and how the global financial system operates.
Most large banks are now global in nature, with offices in all key financial centres, from New York to London to Hong Kong, and have the power to influence the economies of countries around the world no matter how large, as seen during the recent financial crisis. This course reviews the banking system, basic banking practices, and explains - at an introductory level - how international banking works as well as examining topics such as fractional reserve banking, reserve ratios, treasuries, leveraging, the Fed funds rates, and the London Interbank Offer Rate (LIBOR).
CERTIFICATIONTo qualify for your official ALISON Diploma, Certificate or PDF you must
studyand complete all modules and score 80% or more in each of the
course assessments. A link to purchase your Diploma certificate will then appear under the My Certificates heading of your My Account page.
Learning outcomes:
- Understand the banking system and how it operates;
- Examine fractional reserve banking;
- Review treasuries release by the US government;
- What LIBOR is and how banks make use of it;
Welcome to ALISON – a five million-strong, global online learning community, filled with free, high-quality resources to help you develop essential, certified workplace skills.
Whether you are seeking a new job, a promotion, a college place or starting a new business, ALISON empowers you to improve your economic and personal circumstances, and through you, that of the community you live in.
New skills and knowledge makes you a more valuable employee, whether working for yourself, for an employer, or future employer. With today’s workplace changing faster than ever, it is essential everyone keeps learning new and updating old skills to remain or become competitive in the workplace. ALISON is for anyone taking their first step to a new or better job. ALISON is as individual as you are.
