BFN 111 Elements of Banking 1

ND1 levelManagement & Administration19 topics

BFN 111 covers 19 topics. StudyPath paces them into daily study sessions that finish before your exam date, with practice questions and worked answers for each one.

Study BFN 111 on StudyPath

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Course outline

The topics this course covers, in teaching order.

Concept of money
Evolution of banking
Structure of banking institutions
Commercial banking
Lending and borrowing principles
Bank services
Methods of payment through banking system
Non-bank financial intermediaries
Concept and origin of money
Bank money creation
Types of money
Demand and supply of money
Evolution of banking institutions
Sources and management of bank funds
Commercial bank balance sheet
Liquidity and profitability
Borrowing and lending principles
Methods of payment through banks
Bank clearing system

A sample from this course

One topic, as StudyPath teaches it.

Concept of money

The concept of money is the foundation of banking, encompassing its functions, types, and characteristics. Mastering this topic is essential for understanding how banks facilitate economic activity, the role of money in transactions, and the regulatory framework that governs monetary instruments.

What you get for BFN 111

Every topic above, split into sessions and dated against your exam.
Practice questions per session, with answers that explain themselves.
Offline reading — the whole course is a few hundred KB on your phone.
An AI tutor that answers questions using this course's own material.

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