Online Courses in Banking
Some commonly offered online banking courses are summarized here.
- Banking Fundamentals Course: Classes in banking fundamentals explore banking from its evolution to contemporary industry developments. The course examines banking legislation, monetary policy, deposit operations, lending functions and electronic services. Students also study the functions of commercial banks and financial services.
- Banking and Money Course: These courses explore how money functions in the U.S. and internationally. The notion of a money supply and the role banks play as facilitators of the nation's payment mechanism are emphasized. Students analyze monetary and fiscal policies, the function of the Federal Reserve and types of financial institutions.
- Current Issues in Banking Course: Designed for new banking professionals, this course provides an overview of basic banking concepts and activities. Content includes the impact of banking on the economy, current business trends, the Federal Reserve and laws that affect banking practice.
- Banking for Bank Tellers Course: Students practice the skills needed to work as bank tellers. Topics covered include identifying legal documents, processing checks, balancing cash drawers and handling deposit slips. Special topics, such as identification of counterfeit currency, unacceptable forms of identification and procedures in the event of a robbery are also covered. These courses may supplement on-site teller training.
- Ethics for Bankers Course: Ethical banking standards and guidelines are discussed in order to prepare financial service professionals to observe Federal laws and common institutional codes. Students examine ethical issues that commonly arise in banking industries by studying current problems and solutions.
- Financial Management Course: Students in this course will learn fundamental methods and skills needed for sound financial decision making. Topics covered will include risk assessment, establishing capital structure and issuing securities.
- Consumer Credit Course: This course covers fundamental topics in consumer lending, preparing future bankers to make practical lending decisions. Topics include credit policy, regulations, loan closings and loan servicing.
- Regulatory Issues Course: In this course, students learn about the history of regulations in a variety of industries, including financial services. Emphasis is placed on the complexity of today's regulatory environment and its evolution in response to recent information security concerns.
Students may take banking classes as part of a general curriculum or through an associate's, bachelor's or master's degree program in finance, accounting or business administration with a banking specialization. Online programs designed to support banking professionals offer diplomas or certificates in topics like bank operations, bank marketing and banking and finance. Depending on the degree level, graduates can become bank tellers, personal bankers, banking professionals, bank operations managers, financial executives, or business owners.
Students who are interested in pursuing banking-related careers can get relevant undergraduate and graduate-level training through online courses that cover financial theory and common banking practices.