Course Course Summary Section 1 Content Section 1 Content Left Section 1 Content Right Credit Type: Course ACE ID: CFTA-0013 Organization's ID: A207 Organization: Center for Financial Training Location: Online Length: 11 weeks (58.85 hours) Dates Offered: 6/1/2021 - 5/31/2024 10/1/2017 - 5/31/2021 9/1/2014 - 9/30/2017 10/1/2011 - 8/31/2014 1/1/2004 - 9/30/2011 1/1/1987 - 12/31/2003 1/1/1977 - 12/31/1986 Credit Recommendation & Competencies Section 2 Content Section 2 Content Left Section 2 Content Right Level Credits (SH) Subject Lower-Division Baccalaureate 3 principles of banking Description Section 3 Content Section 3 Content Left Section 3 Content Right Objective: The course objective is to teach students the importance of money and interest, negotiable instruments, mortgages, commercial lending, and the role of banking in today's economy. Learning Outcomes: understand the role that banking plays in the economy understand the structure of the banking industry discuss other financial institutions and the role that they play in relation to banking describe how the national currency was created discuss modern banking understand the structure of the Federal Reserve System describe monetary and fiscal policy understand the Fed's role in consumer protection and international banking list ways that the Fed participates in international banking describe the two types of money and how money circulates in the US list factors that affect interest rates define transaction accounts and identify major types of checking accounts, time deposits, and savings accounts explain how interest is calculated, including compounded interest define the term negotiable instrument and identify the process for accepting negotiable instruments describe and define components of consumer lending, mortgage lending and commercial lending, including consumer protection laws and the credit approval process explain how ethics applies to financial institutions identify types of fraud that are committed against banks understand the marketing function in modern banking General Topics: The business of banking Development of the U.S. banking system The Federal Reserve System Money and interest Deposits in banks Negotiable instruments Bank loans Mortgages Commercial lending Specialized bank services Security, fraud, and ethics Bank marketing Employment opportunities Instruction & Assessment Section 4 Content Section 4 Content Left Section 4 Content Right Instructional Strategies: Audio Visual Materials Computer Based Training Discussion Lectures Methods of Assessment: Examinations Other Examinations, Direct Email essay Questions, and Participation in Discussion Forums. Minimum Passing Score: 70% Supplemental Materials Section 5 Content Section 5 Content Left Section 5 Content Right Section 6 Content Section 6 Content Left Section 6 Content Right Button Content Rail Content 1 Other offerings from Center for Financial Training Accounting (CFTA-0005) Analyzing Financial Statements (CFTA-0002) Business Communication (CFTA-0003) Business Math (CFTA-0018) Commercial Lending (CFTA-0006) Consumer Lending (CFTA-0007) Economics (CFTA-0008) Financial Accounting (CFTA-0022) Human Relations (CFTA-0009) Human Resource Management (CFTA-0025) View All Courses Page Content