What is banking A system of trading money which: provides a safe place to save excess cash, known as deposits. supplies liquidity to the economy by loaning this money out to help businesses grow and to allow consumers to purchase consumer products, homes, cars etc. “Banking” as “Accepting for the purpose of lending and investment, deposits of money from the public repayable on demand or otherwise and withdraw able by cheque, draft, order or otherwise” No definition of banking can be comprehensive enough in the present context
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Banks Institutions which deals in money and credit. An intermediary, which handles other people’s money both for their advantage and to its own profits. A financial institution that links the flow of funds from savers to the users. Plays an important role in the economy of any country as they hold the saving of the public.
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Why Do We Study Banking Banking is: The well-spring of the monetary bloodstream (i.e., life blood of business and industry). An important component of the economic system of a country. Responsible for the rapid development of a country’s economy (by Mobilizing savings into investments). Mobile No. +91-7767904499 | E-mail :- support@classboat.com | www.classboat.com
Why Does Banking Work We give a bank our money to keep it safe for us, and then the bank turns around and gives it to someone else in order to make money for itself. Banks can legally extend considerably more credit than they have cash. Still, most of us have total trust in the bank's ability to protect our money and give it to us when we ask for it. Mobile No. +91-7767904499 | E-mail :- support@classboat.com | www.classboat.com
Bachelor’s degree program in Banking • • • • • •
Environment and Management of Financial Services Micro Economics Effective Banking Communication Quantitative Techniques in Banking Organizational behavior in Banking organizations Taxation of Financial Services
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Bachelor’s degree program in Banking • • • • • • •
Laws relating to Banking & Insurance Cost Accounting of B&I Services Equity Debt Corporate Laws governing Capital Markets International Business Management in Banking Organizations HRM in Banking Organizations Strategic Planning in Banking organizations
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Career in banking Bank Administration/Accounting — handles the bank's internal operations, sets policies and provides oversight Consumer Banking — delivers financial services to individual customers Commercial Banking — delivers financial services to businesses, schools, churches and other organizations Compliance — provides strategic direction, ensures bank abides by industry laws and regulations Mobile No. +91-7767904499 | E-mail :- support@classboat.com | www.classboat.com
Career in banking Human Resources — manages employee placement, salaries, benefits and training Operations/Accounting — provides record keeping, bookkeeping and financial analysis Technology/Information Systems/Security — ensures availability of information, maintains computer systems and software, and protects data Public Relations/Marketing — promotes the bank's products and services, coordinates advertising, and improves relationships with the community and media Trust and Investment Banking — manages money or property for others Mobile No. +91-7767904499 | E-mail :- support@classboat.com | www.classboat.com
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