Course Title: ELEMENT OF BANKING 1
Course Code: BFN 111
Units: 2 Units
Credit Hours: 30 Hours
Goal: To enable the students understand the basic concepts of money and credit and the practical aspects of Banking transactions. The students should be able to understand the evolution, structure of different types of Banking Institution and their roles in the working of the Nigerian financial systems.
GENERAL OBJECTIVES:
On completion of this module the students should be able to:
1.0 Understand the concepts of Money.2.0 Know the evolution and the structure of the banking Institutions.
3.0 Understand Commercial banking, lending/borrowing principles.
4.0 Understand Bank services and methods of payments through banking systems.
5.0 Understand the roles of non-bank intermediaries.
CONTINUOUS ASSESSMENT STRUCTURE:
1. FIRST TEST 10 MARKS
2. SECOND TEST 10 MARKS
3. THIRD TEST 10 MARKS
4. TEN QUIZ 10 MARKS
5. TEN ASSIGNMENTS 10 MARKS
TOTAL MARKS 50 MARKS
YOUR CONTINOUS ASSESSMENT = YOUR TOTAL SCORE X 40 MARKS
TOTAL MARKS
NOTICE:
CONTINOUS ASSESSMENT = 40 %
EXAMINATION = 60 %
TOTAL MARKS 100%
The LORD by wisdom founded the earth;
By understanding He established the heavens;
Wisdom is the principal thing;
Therefore get wisdom.
And in all your getting,
get understanding.
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