Investment Banking

1. Explain the evolution, theories, and growth of banks.
2. State and explain the functions of banking institutions and discuss their roles in economic development of Nigeria.
3. Explain the theories and principles of banking.
4. Discuss the functions of regulatory bodies in the banking sector.
5. Explain the role of the money and capital markets in the development of the Nigerian economy.

13 weeks, about 46 hours in total. Yours will differ.

1. Week 1Module 1: Introduction

   • Unit 1: Meaning and Evolution of Banking · 2 hours

     Define bank, banking, and banker.. Trace the evolution of banking from goldsmiths to modern institutions.. Examine the growth of banks in Nigeria..

   • Unit 2: Theories of Banking · 2 hours

     Explain the Real Bills Doctrine and its limitations.. Describe the Shiftability Theory and its relevance to bank liquidity.. Discuss the Anticipated Income Theory and its implications for lending..

2. Week 2Module 1: Introduction

   • Unit 3: The Central Bank · 2 hours

     Discuss the functions of the Central Bank of Nigeria.. Explain credit control methods used by the CBN.. Differentiate between the CBN and commercial banks..

   • Unit 4: Evolution of Merchant and Development Banks · 2 hours

     Trace the evolution of merchant and development banks in Nigeria.. Examine the roles of Lombardy grain merchants and money changers.. Explain the rationale for establishing development banks..

3. Week 3Module 1: Introduction

   • Unit 5: Commercial Bank and Investment Banks · 2 hours

     Explain the functions of commercial banks, including accepting deposits and advancing loans.. Discuss the roles of commercial banks in economic development.. Differentiate between investment banks and commercial banks..

4. Week 4Module 2: Merchant Banking

   • Unit 1: Merchant Banking · 2 hours

     Define merchant banking and its scope.. Distinguish between banking and corporate finance services.. Differentiate between merchant banks and commercial banks..

   • Unit 2: Structure and Performance of Merchant/Development Banks · 2 hours

     Discuss the international operations of merchant and development banks.. Examine the constraints and achievements of merchant banks in Nigeria.. Analyze the reasons for the non-establishment of new merchant banks..

5. Week 5Module 2: Merchant Banking

   • Unit 3: Development and Specialised Banks · 2 hours

     Define a development bank and its purpose.. Explain the banking and development functions of development banks.. Differentiate between development banks and specialized banks in Nigeria..

6. Week 6Module 2: Merchant Banking

   • Unit 4: Laws Regulating the Establishment of Banks in Nigeria · 2 hours

     Identify the laws regulating the establishment of banks in Nigeria.. Explain the requirements of the Companies and Allied Matters Act (CAMA).. Discuss the significance of the Banks and Other Financial Institutions Act (BOFIA)..

   • Unit 5: Loan Syndication · 2 hours

     Explain the meaning of loan syndication.. Discuss the elements of a syndicated loan.. Differentiate between loan syndication and a consortium..

7. Week 7Module 3: Operations and Structure

   • Unit 1: Distinguishing Features/Functions of Merchant and Development Banks · 2 hours

     Discuss the features and functions of merchant banks.. Explain the 5 Cs of credit assessment.. Define universal banking and its implications..

   • Unit 2: Financial Institution: Overview of Banking Business · 2 hours

     Discuss the constituents of the financial system.. Explain the structure of the Nigerian financial system.. Analyze the impacts of globalization on the banking business..

8. Week 8Module 3: Operations and Structure

   • Unit 3: Banking Financial Institutions · 2 hours

     Identify banking financial institutions and their roles.. Explain the functions of banking financial institutions.. Discuss the role of non-bank financial institutions..

   • Unit 4: Merchant Bank: Methods and Processes · 2 hours

     Define merchant processing and its components.. Describe the transaction process in merchant banking.. Explain the risks associated with merchant processing..

9. Week 9Module 3: Operations and Structure

   • Unit 5: The Structure of The Nigerian Financial System · 2 hours

     Describe the structure of the Nigerian financial system.. Identify the regulatory authorities and their roles.. Explain the functions of the Securities and Exchange Commission (SEC)..

10. Week 10Module 4: Regulation and Markets

    • Unit 1: Measuring the Effect of Regulation on Performance of Banks · 2 hours

      Measure the effect of regulation on the performance of banking.. Evaluate the problems and challenges of bank regulation.. Analyze the impact of reforms on the banking sector..

    • Unit 2: Systems of Banking and Essentials of a Sound Banking System · 2 hours

      Identify and explain different banking systems.. Discuss the essentials of a sound banking system.. Analyze the role of liquidity, safety, and profitability..

11. Week 11Module 4: Regulation and Markets

    • Unit 3: Money Market · 2 hours

      Define the money market and its instruments.. Discuss the functions of the money market.. Explain the features of a developed money market..

    • Unit 4: The Capital Market · 2 hours

      Explain the meaning of the capital market.. List the characteristics of the capital market.. Examine the functions of the Nigerian capital market..

12. Week 12Module 4: Regulation and Markets

    • Unit 5: Merchant Banks and Development Banks · 2 hours

      Explain the meaning of merchant bank.. Trace the development of merchant banking in Nigeria.. Analyze the functions of merchant banks..

13. Week 13Final Revision

    • Final Revision · 6 hours

      Review all modules and units.. Work on assignments and TMAs.. Prepare for final examinations..