Sign-up today to join over 5 million learners already on ALISON:

Introduction to Banking Course


Introduction to Banking
Introduction to Banking

Learn about modern banking practices and procedures.


Join 10,301 other students.

Course Description

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).

Certification

To qualify for your official ALISON Diploma, Certificate or PDF you must study and complete all modules and score 80% or more in each of the course assessments. A link to your Diploma certificate will then appear under the My Certificates heading of your My Account page.

Learning Outcomes

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;


Manage a Group of Learners

Share This Course!

 
Course Rating (By Learners): 4 stars based on 159 reviews
Course Title: Introduction to Banking
Course #: 425
Course Publisher: Khan Academy
Course Category: 9
Content Origin:
Course Description:

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).

License: This course is available from Khan Academy OpenCourseWare through the following Creative Commons licence:
Creative Commons License
Release Date: 19 April 2013
Content  
Course Duration (Avg Learner): 1-2 Hours
Video/Audio: High
Audio Only: High
Animation: None
Assessments: Yes
Education Level
Age appropriateness: 16+ Years
Minimum Grade/Class Level: Post-Secondary
Validation: Level 5
ALISON Testing: Yes
Certification Availability
PDF Download: Yes
Parchment: Yes
Framed Certification: Yes

Study for Free at Your Own Pace! Start This Course

  • Ernest Gyamfi Sintim
    Ernest Gyamfi Sintim Ghana I am really happy to complete my course. I so grateful to Alison 2015-08-26 11:08:28
  • Bodh Raj Khanal
    Bodh Raj Khanal Nepal An establishment authorized by a governmentto accept deposits, pay interest, clear checks, make loans, act as an intermediary in financial transactions, and provide other financial services to its customers. 2015-08-24 18:08:53
  • James Ochima Obande
    James Ochima Obande Nigeria This course has further increased my knowledge on banking terms 2015-08-16 22:08:23
  • DARREN PETERS
    DARREN PETERS United States of America Interesting course. Great real illustrations! I was captivated by your passion and enthusiasm for the subject. Thank you! 2015-08-15 16:08:52
  • Ahmed Essa Warsame
    Ahmed Essa Warsame Malaysia It was very interesting during this course of introduction to banking and I really appreciated ALISON for facilitating the smoothness of the course. 2015-08-15 09:08:24
  • Minol Pongap
    Minol Pongap Papua New Guinea I like the course and how it was presented. It was very clear and easy to understand. Although I had an different opinion to the lecturer regarding Gold having no real value, I share the same sentiment that Gold has its disadvantages in the monetary system. Paper money, notes and coins also have a disadvantage in the monetary system as well other than its advantages. Overall, this course was enriching. 2015-08-11 03:08:44
  • Mr.Thiha Soe
    Mr.Thiha Soe Myanmar This is one of the step and progress for our Bank' staff. Thank you. 2015-08-10 10:08:10
  • Kathleen Dibb
    Kathleen Dibb South Africa I enjoyed it tremendously. Really getting into it now. Sorry I did not do this earlier. Got the basis of banking which is always helpful, especially if that is the direction in which you are going. 2015-08-06 19:08:37
  • YeMyat Thu
    YeMyat Thu Myanmar I love ALISON very much. 2015-08-06 08:08:28
  • Mnconyiswa Gama
    Mnconyiswa Gama Swaziland Banking course is an eye opener to all the new generations of accountants, it brings all components of banking. 2015-06-16 20:06:11
More Comments and Reviews >>

Study for Free at Your Own Pace! Start This Course

Free, Online Introduction to Banking Course.