COURSE INFORMATION Course Title: PRINCIPLES OF BANKING

Code	Course Type	Regular Semester	Theory	Practice	Lab	Credits	ECTS
BAF 108	B	2	3	0	0	3	5

Academic staff member responsible for the design of the course syllabus (name, surname, academic title/scientific degree, email address and signature)	NA
Lecturer (name, surname, academic title/scientific degree, email address and signature) and Office Hours:	Chrysanthi Balomenou , 9:30-17:30
Second Lecturer(s) (name, surname, academic title/scientific degree, email address and signature) and Office Hours:	NA
Teaching Assistant(s) and Office Hours:	NA
Language:	English
Compulsory/Elective:	Compulsory
Classroom and Meeting Time:	E110
Course Description:	This course provides students major terms and issues of concern in the Banking Industry. It includes a comprehensive survey of capital markets, the asset and liability process, bank corporate governance, funding and risk management.
Course Objectives:	The aim of this Thematic Subject is mainly to provide the students a clear understanding of the following concepts and mechanisms: -The economic significance, the definitions and the types of money, the quantity and the value of money as well as the determinants which affect the demand and the supply of money. - The operation of the financial system both within a closed as well as in open economy.

COURSE OUTLINE

Week	Topics
1	Introducing Money, Banking, and the Functions of Financial Markets
2	The Role of Money in the Macroeconomy
3	International economic policy and foreign exchange markets
4	Central banking
5	Functions of the financial system
6	Asymmetric information
7	Midterm
8	The Pricing of Risky Financial Assets
9	Regulatory framework of international banking
10	Understanding Foreign Exchange
11	Understanding financial contracts
12	Depository Financial Institutions
13	Money Laundering
14	The Regulation of Markets and Institutions

Prerequisite(s):
Textbook:	Principles of money, banking and financial systems, Edward T. Merkel (2009)
Other References:	The principles of banking, Moorad Choudhry (2012) Principles of banking law, 3rd edition, Ross Cranston, Emilios Avgouleas, Kristin van Zwieten, Christopher Hare, Theodor van Sante
Laboratory Work:
Computer Usage:
Others:	No

COURSE LEARNING OUTCOMES

1	Gaining knowledge about the role of money banking and financial markets in the economy.
2	Understanding how to measure interest rates and how they behave
3	Exploring money and capital markets
4	Analyzing foreign exchange focusing on fluctuations in exchange rates
5	Presenting and explaining the main features and importance of Central Banking.
6	Explaining the asymmetric information problems and ways of overcoming the problem.
7	Providing a full knowledge and understanding of regulatory framework of International Banking as far as of the regulation of Markets and Institutions.

COURSE CONTRIBUTION TO... PROGRAM COMPETENCIES (Blank : no contribution, 1: least contribution ... 5: highest contribution)

No	Program Competencies	Cont.
Bachelor in Banking and Finance (3 years) Program
1	The students are gained the ability to look at the problems of daily life from a broader perspective. They gain the needed skills not only to understand economic problems in banking and finance but also to construct a model and defend in meaningful way.	5
2	They have knowledge about the finance and banking.	5
3	They have knowledge about the money and banking.	5
4	They have knowledge about the international finance and banking.	4
5	They have ability to use mathematical and statistical methods in banking and finance.	3
6	They know how to use computer programs in both daily office usage and statistical data evaluations in banking and finance department.	3
7	They have necessary banking and finance skills that needed in private and public sector.	4
8	They are intended to be specialist in one of departmental fields that they choose from the list of general economics, finance economics, public finance, corporate finance, finance management, international finance markets and institutions, banking and central banking, international finance and banking, money and banking, international trade and banking.	5
9	They have ability to utilize fundamental economic theories and tools to solve economic problems in banking and finance.	5
10	They are aware of the fact that banking and finance is a social science and they respect the social perspectives and social values of the society’s ethics.	5

COURSE EVALUATION METHOD

Method	Quantity	Percentage
Midterm Exam(s)	1	30
Project	1	20
Final Exam	1	45
Attendance		5
	Total Percent:	100%

ECTS (ALLOCATED BASED ON STUDENT WORKLOAD)

Activities	Quantity	Duration(Hours)	Total Workload(Hours)
Course Duration (Including the exam week: 16x Total course hours)	16	4	64
Hours for off-the-classroom study (Pre-study, practice)	10	2	20
Mid-terms	1	12	12
Assignments	1	10	10
Final examination	1	14	14
Other	1	5	5
Total Work Load:			125
Total Work Load/25(h):			5
ECTS Credit of the Course:			5