• Post category:StudyBullet-13
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Understanding key elements and basic workings of the Financial Services Industry (useful for exams as well)

What you will learn

Banking – History of banking

Banking – Distinctions between Retail/Investment etc

The role of banks

Central banks

Saving and Borrowing

Evaluating different sources of borrowing (mortgage, overdraft, credit card, payday loans etc)

Calculating effective annual IRs

Ethics and Integrity in Financial Services

How the financial services sector links savers and borrowers, both on a household and corporate scale

Insurance

IPOs

Sources of return for shareholders

Calculating dividend yields

Benefits and risks of shareholding

Bonds

Advantages and disadvantages of bondholding

Credit rating agencies (S+P, Fitch, Moody’s)

Derivatives – call/put options, futures

Markets – stock exchanges and regions/sectors that they represent

Fund management (vs direct investment)

Forex

Pensions

Fintechs, Crowdfunding, Distributed ledger tech

Description

Thank you for stopping on our course.

The Financial Services industry is one of the most widely publicised, we all interact with it in different ways and yet sometimes we don’t know what goes on within.

Fundamentals of Financial Services has been developed as an introductory repository of information for the way the industry works.

It is developed with the following potential learners in mind:

– Anyone new to the industry

– Anyone seeking knowledge about the basics relating to FS institutions, products and services

– Anyone sitting the any financial services exams – foundation or basic levels, including:


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  • New employees at various financial institutions
  • Anyone interested in Economics and the Economy
  • CISI Level 2 “Fundamentals of Financial Services” candidates
  • ACCA students
  • AAT students
  • Finance diploma, degree students
  • Accounting diploma, degree students
  • Tax  students
  • Financial Services entry level
  • Banking entry level
  • Apprentices in the Financial Services industry
  • Anyone interested in Economics and the Economy

We developed it to help people:

– Prepare for exams

– Learn more about the Financial Services industry

– Get a good foundation of the basics within the industry

We have provided information to suite the above mentioned groups of people and also anyone curious about the topic.

We wish you success your endeavour’s within the industry and look forward to interacting with you on LinkedIn.

We welcome your feedback, questions and comments.

English
language

Content

Fundamentals of Financial Services

Introduction and History of Financial Services
Banking – Retail and Investment
Banking – Central Banks
Asset Management and Private Banking
Savings and Borrowings
How to calculate Annual Effective Interest Rate
Ethics and Integrity in Financial Services
Insurance
Different types of business entities
Initial Public Offerings (IPO’s)
Sources of returns for shareholders
Working out dividend yield
Benefits and risks of shareholding
Bonds
Advantages and disadvantages of Bondholding
Credit Rating Agencies
Derivatives
Stock Markets
Fund Management
Foreign Exchange
Pensions
Fintech – Financial Technology
Conclusion