Banking 101 - Introduction to the Banking System

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Banking 101 - Introduction to the Banking System

About this course

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  ;-)

What you'll learn

  • Understand the types and functions of banks
  • Calculate monthly loan payments and interest for credit cards and overdrafts
  • Differentiate between various types of interest
  • Gain knowledge of the internal structure of banks and banking roles

Skills you'll gain

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