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

Introduction to Banking


Introduction to Banking
Introduction to Banking

Learn about modern banking practices and procedures.


Join 9,762 other students.
Introduction to Banking Course
4 157

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 157 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

  • 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
  • Melanie Smith
    Melanie Smith United States of America This was a very informative and interesting class. I highly recommend it. 2015-06-02 00:06:59
  • Ashel Cornibert
    Ashel Cornibert Saint Lucia I did enjoy this. Very informative. 2015-05-31 00:05:49
  • Johnson Otoo
    Johnson Otoo Ghana Interesting...Thanks ALISON. 2015-05-28 13:05:00
  • Murombedzi Wilson Kuchera Mhlanga
    Murombedzi Wilson Kuchera Mhlanga Zimbabwe Gave me a great overview of banking. 2015-05-25 09:05:11
  • William Price
    William Price United States of America Although I liked the easy-to-follow explanations for just about everything in the material, some of it must not have sunk in enough for me to get two of the questions correct. I wanted to hear the "instructor" go over the idea that money in the form of hard currency must satisfy three requirements that I heard about in high school, namely that the hard currency must 1) serve as a means of payment, 2) serve as a medium of exchange, and 3) hold or possess a store of value. A lot of the rest of the concepts were drilled into my head during my courses in accounting and finance in college. All told, I would still give the course easily 4/5 stars, as it were. 2015-05-05 18:05:03
  • Craig Lundgren
    Craig Lundgren United States of America Very informative. 2015-02-15 21:02:22
  • Keerthaaniya Selvanaadan
    Keerthaaniya Selvanaadan Sri Lanka It was very helpful 2015-02-04 09:02:11
  • Anas Ahmed Abdel Monaem Elshandwily
    Anas Ahmed Abdel Monaem Elshandwily Egypt Good Introduction for banking systems 2015-01-12 21:01:21
  • Francisco Avelino de Mendonça Júnior
    Francisco Avelino de Mendonça Júnior Netherlands The course was simple, fast and comprehensive. Great job! 2015-01-06 13:01:17
More Comments and Reviews >>

Study for Free at Your Own Pace! Start This Course

Free, Online Introduction to Banking Course.