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MICROCREDENTIAL

Foundations in Banking

Explore how banks operate, the roles they play in shaping financial institutions and the challenges they face going forward.

About this microcredential

This microcredential is designed to provide you with an understanding of the key principles that govern banks and the banking industry. Beginning with an examination of why banks exist, you will then explore how their intermediation role shapes the financial system.

You will also gain insight into the business models employed by banks and how they try to appeal to different customer segments. While banks differ substantially from non-financial firms in terms of their assets and liabilities, there is also considerable variation along these dimensions among banks.

Vitally, you will learn how to calculate and interpret high-level bank performance measures and how to contrast the role of banks with the role of non-bank, financial institutions. You will also examine the types of risk encountered by modern banks, as well as the most important strategies for managing those risks.

Finally, you will review two important developments in contemporary banking, including digital payments and increased regulatory oversight.

Key benefits of this microcredential

This microcredential will help you develop your understanding of:

  • The context in which Australian banks exist and operate, with both the financial world and broader society and how this influences their business models, operations, structuring of assets, liabilities and risk
  • How to calculate and interpret high-level bank performance measures
  • The current and anticipated challenges, risks and developments in the banking sector.

This microcredential aligns with the 3 credit point subject, Foundations in Banking (25890) in the Master of Finance (C04048).

This microcredential may also qualify as recognition of prior learning at this and other institutions.

Who should do this microcredential? 

This microcredential is suitable for anyone who needs a comprehensive, high-level understanding of the banking sector. Specifically, this might include:

  • Government policy officers
  • Legal, risk, and compliance professionals
  • Entrepreneurs and start-up business owners
  • Sales and marketing professionals looking to engage with banks.

Price

Full price: $2,498 (GST-free)*

*Price subject to change. Please check price at time of purchase.

Discounts are available for this course. For further details and to verify if you qualify, please check the Discounts section under Additional course information.

Enrolment conditions

COVID-19 response 

Additional course information

Course outline

The following content will be covered during this microcredential:

  • Orientation activities - a world without banking
  • The Australian banking system
  • Bank asset side
  • Bank liability side
  • Bank performance
  • Broking function (non-bank)
  • Types of risk
  • Payments (from cash to bitcoin)
  • Regulators.

Course delivery

This online course is delivered using a range of resources, self-directed study and live interactive sessions with the academic. Course content will be presented to participants in a variety of formats (lecture slides, notes, videos, articles) and delivered online. At the beginning of the course, participants are expected to review materials and complete tasks on their own before attending review sessions with the lecturer spread over the learning period. Materials will be provided to participants via the learning management system, but participants are also expected to seek information independently. Feedback will be given following formative assessment and during the online sessions.             

Course learning objectives

Upon successful completion of this microcredential, participants should be able to:

  • Explain the financial and economic roles of banks and their implications for the risks faced by banks
  • Assess the major products and services provided by banks and their implications for the asset and liability structures of banks
  • Discuss the major trends in the contemporary banking environment, with an emphasis on digitalisation and increased regulation.

Assessment

Assessment task one: Quiz (individual) - weighting 30%

Following each topic, participants will be required to complete a short online quiz comprising a mix of multiple choice and short-answer questions, to assess their progress.

Assessment task two: Assignment - Report (individual) - weighting 70%

Participants will be required to examine the accounts of an Australian commercial bank and recommend measures to improve its resilience in the face of particular risks. Participants will need to document the analysis in a report.

Minimum requirement for passing the course: Participants must achieve at least 50% of the course’s total marks and complete both assessments.

Requirements

Mandatory

  • To complete this online course you will need a personal computer with reliable Internet access, web conferencing capability and an operating system with a web browser compatible with the Canvas LMS.

Discounts

Discounts are available for this course as follows:

  • 5% discount for UTS alumni
  • 5% discount for strategic partners
  • 5% discount for 2 enrolments in UTS Business School microcredentials (same person or same organisation)
  • 10% discount for 3 or more enrolments in UTS Business School microcredentials (same person or same organisation)

Discounts cannot be combined and only one discount can be applied per person per course session. Discounts can only be applied to the full price. Discounts cannot be applied to any offered special price. 

How to obtain your discount voucher code

  • Please contact the team at support@open.uts.edu.au with your student number, strategic partnership details or details of group enrolments, to obtain your discount voucher code. 

How to apply your discount voucher 

  • If you are eligible for a UTS alumni discount, please ensure you have provided your UTS student number in your UTS Open Profile (under “A bit about you”). If you have forgotten your UTS student number, email support@open.uts.edu.au with your full name, UTS degree and year of commencement.  
  • Add this course to your cart 
  • Click on "View Cart" (blue shopping trolley at top right of screen). You will need to sign in or sign up to UTS Open 
  • Enter your eligible code beneath the “Have a code?” prompt and click on the blue "Apply" button 
  • Verify your voucher code has been successfully applied before clicking on the blue "Checkout" button. 
$2,498.00

START DATE

05 July

MODE

Online

DURATION

7 wks

COMMITMENT

Avg 10 hrs p/w

Meet the Expert

Dr Thomas Matthys

Dr Thomas Matthys
Lecturer, Finance Discipline Group, UTS Business School

Thomas joined the Finance Department of UTS in August 2019 from Vlerick Business School in Belgium, where he held a position as a postdoctoral researcher. He completed his PhD in Financial Economics at Ghent University in Belgium. His research interests include financial intermediation, access to finance, activism, hedge funds, and monetary policy.

Thomas has held visiting positions at Georgetown University, McDonough School of Business in Washington DC, USA, and at the Joint Research Centre of the European Commission in Ispra, Italy.

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Book a session

Mon 05 Jul 2021 -
Mon 16 Aug 2021
Expert: Dr Thomas Matthys
  • Facilitated online via Zoom sessions
  • Online
  • 4 sessions, 4 hours total

Participants will have the opportunity to attend four supported learning sessions throughout the course. Click on ‘Sessions’ information above to see relevant session dates.

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