Banking Operations and Management Masterclass

Introduction: The course, "Banking Operations and Management Masterclass" delves into the multifaceted world of banking, providing a comprehensive overview of key concepts, operations, and management strategies. As we navigate through various sections, participants will gain in-depth insights into the intricate workings of bank branches, payment and settlement systems, retail banking, foreign exchange operations, marketing, lending, audit procedures, and fundamental banking principles. Section 1: Banking Operations and Management - Deposits: This section initiates the journey with a focus on banking operations related to deposits.

Participants will explore the introduction to bank branch management, the concept of banks and credit unions, the modern banking system, and the types of deposits along with their functions. From understanding Fed rates to exploring various deposit accounts and their features, this section provides a solid foundation in banking operations. Section 2: Banking Operations and Management - Payment & Settlement System: Moving on to payment and settlement systems, this section covers the principles, importance, and role of the Federal Reserve.

Participants will explore various instruments of payment and settlement, including paper checks, automated clearinghouse, Fedwire, CHIPS, and card payment processes. The section concludes by addressing the challenges, risks, and perspectives associated with payment systems. Section 3: Banking Operations and Management - Retail Banking: The retail banking section delves into different types of banks, retail banking types, and various loans, such as mortgage and auto loans.

Participants will learn about credit scores, credit cards, savings accounts, certificates of deposits, and specialized services in retail banking. The section closes with a comprehensive exploration of the advantages and disadvantages of retail banking. Section 4: Banking Operations and Management - Foreign Exchange Operations: This section introduces participants to foreign exchange operations, covering functions, transacting procedures, remittances, and calculations related to foreign exchange.