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BFN306Management Sciences3 Unitsintermediate

Comparative Banking

This course provides an introduction to the study of comparative banking systems. It explores the evolution, functions, and theories of banking institutions, with a focus on their role in economic development, particularly in Nigeria. The course covers universal banking, Islamic banking, and the structure of banking systems. It also examines the role of central banks and non-bank financial intermediaries, as well as monetary policy and the political economy of banking.

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90h

Study Time

13

Weeks

7h

Per Week

basic

Math Level

Course Keywords

Comparative BankingFinancial SystemsCentral BankMonetary PolicyUniversal Banking

Course Overview

Everything you need to know about this course

Course Difficulty

Intermediate Level

Builds on foundational knowledge

65%

intermediate

➕

Math Level

Basic Math

📖

Learning Type

Theoretical Focus

Course Topics

Key areas covered in this course

1

Political Economy of Banking

2

Universal Banking

3

Islamic Banking

4

Central Banking

5

Monetary Policy

6

Financial Systems

Total Topics6 topics

Ready to Start

No specific requirements needed

This course is designed to be accessible to all students. You can start immediately without any prior knowledge or specific preparation.

Assessment Methods

How your progress will be evaluated (3 methods)

assignments

Comprehensive evaluation of course material understanding

Written Assessment

tutor-marked assessments

Comprehensive evaluation of course material understanding

Written Assessment

final examination

Comprehensive evaluation of course material understanding

Written Assessment

Career Opportunities

Explore the career paths this course opens up for you

Bank Manager

Apply your skills in this growing field

Financial Analyst

Apply your skills in this growing field

Loan Officer

Apply your skills in this growing field

Financial Regulator

Apply your skills in this growing field

Investment Banker

Apply your skills in this growing field

Industry Applications

Real-world sectors where you can apply your knowledge

BankingFinanceGovernment RegulationInvestmentInternational Trade

Study Schedule Beta

A structured 13-week journey through the course content

Week

1

Module 1: Political Economy of Banking

5h

Unit 1: Definition and Characteristics of Political Economy of Banking

3 study hours

•Define political economy of banking
•Discuss its characteristics, including structure and ownership.

Unit 2: Evolution of Political Economy of Banking

2 study hours

•Trace the evolution of political economy of banking.
•Differentiate between banking under capitalism and socialism.

Week

2

Module 1: Political Economy of Banking

3h

Unit 3: Principles of Money and Banking

3 study hours

•Explain the principles of time value of money.
•Discuss risk compensation and decision-making based on adequate information.

Week

3

Module 1: Political Economy of Banking

3h

Unit 4: Merchant Bank and Development Bank

3 study hours

•Differentiate between merchant and development banks.
•Discuss their functions and roles in economic development.

Week

4

Module 1: Political Economy of Banking

4h

Unit 5: Banking Under Capitalism

4 study hours

•Explain banking under capitalism.
•Discuss the role of credit and the characteristics of finance capitalism.

Week

5

Module 2: Universal Banking

4h

Unit 1: Universal Banking

4 study hours

•Define universal banking.
•Discuss its advantages, disadvantages, and objectives.

Week

6

Module 2: Universal Banking

3h

Unit 2: Branch Banking

3 study hours

•Define branch banking.
•Discuss its advantages, disadvantages, and types of branches.

Week

7

Module 2: Universal Banking

3h

Unit 3: Unit Banking

3 study hours

•Define unit banking.
•Discuss its advantages, disadvantages, and operational classifications.

Week

8

Module 2: Universal Banking

4h

Unit 4: Islamic Banking

4 study hours

•Discuss the concept of Islamic banking.
•Explain its origin, history, and evolution.

Week

9

Module 2: Universal Banking

7h

Unit 5: Inter-Country Comparison of regulations and conduct of banks

4 study hours

•Compare regulations and conduct of banks across countries.
•Discuss inter-temporal comparison of banking in Nigeria.

Unit 6: Inter-temporal comparison of banking in Nigeria

3 study hours

•Discuss Inter-temporal comparison of banking in Nigeria

Week

10

Module 3: Introduction to Banking

4h

Unit 1: Origin, Growth and Development of Banking

4 study hours

•Explain the origin, growth, and development of banking.
•Discuss the functions of banks.

Week

11

Module 3: Introduction to Banking

7h

Unit 2: Functions of Banks

4 study hours

•Discuss the structure of banking systems.
•Explain the Nigerian financial system.

Unit 3: Structure of Banking System

3 study hours

•Explain the Nigerian Financial System

Week

12

Module 3: Introduction to Banking

7h

Unit4: The Nigerian Financial System

4 study hours

•Explain credit instruments and credit creation by commercial banks.

Unit 5: Credit Instruments and Credit Creation by Commercial Banks

3 study hours

•Discuss Credit Instruments and Credit Creation by Commercial Banks

Week

13

Module 4: Role of Central Bank and Non Banking Systems

7h

Unit 1: The Role of Central Bank in a Developing Economy

4 study hours

•Discuss the role of the central bank in a developing economy.
•Explain the development of banking in Nigeria.

Unit 2: Development of Banking in Nigeria

3 study hours

•Discuss Development of Banking in Nigeria

This study schedule is in beta and may not be accurate. Please use it as a guide and consult the course outline for the most accurate information.

Course PDF Material

Read the complete course material as provided by NOUN.

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Study Tips & Exam Preparation

Expert tips to help you succeed in this course

1

Create comparative tables outlining key features of different banking systems (Universal, Branch, Unit, Islamic).

2

Focus on understanding the roles and functions of the Central Bank of Nigeria.

3

Review the instruments of monetary policy and their impact on economic variables.

4

Practice applying theoretical concepts to real-world scenarios in the Nigerian banking sector.

5

Study the regulatory framework and the roles of different regulatory agencies (CBN, NDIC, SEC).

6

Prepare concise summaries of each unit, focusing on key definitions, concepts, and examples.

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