Volunteer State Community College | Academic Business Division
FIN 100* Principles of Banking (2) Provides an updated and broad perspective of the banking industry. A foundation for subsequent A.I.B. courses that touch on nearly every aspect of bank functions. Included is a comprehensive introduction to banking in today’s economy. Discussions on specific topics are presented in an easily accessible form. Primary topics are language and documents of banking, check processing, teller functions, deposit functions, trust services, bank bookkeeping, bank loans and investments, and the bank’s role in the community. PREREQUISITE: Permission of instructor.
FIN 104* Law and Banking: Applications (3) Explores legal implications of normal activities and transactions in bank operations. Treatment is in general terms designed to add knowledge of legal principles to the student’s understanding and vocational skills and to influence attitudes of bank personnel by providing information about the impact of the law and applicable bank regulations. Objective is to improve understanding of how the law operates within the framework of federal and state banking statutes, court decisions, and administrative regulations. PREREQUISITE: Permission of instructor.
FIN 105* Law and Banking: Principles (3) An introduction to basic commercial law as it relates specifically to banking and bank transactions, discussion of consumer protection, including regulations, compliance and penalties; contracts, agency and partnerships; corporations, real property, personal property and sales; the uniform commercial code; negotiable instruments and bank collections and secured financing. PREREQUISITE: Permission of instructor.
FIN 106* Money and Banking (3) Basic economic principles related to the subject of money and banking in a context of topics of interest to present and prospective bank management; subjects covered include structure of commercial banking, functions of money, money supply, cash assets and liquidity management, bank investments, loans, earnings and capital and the Federal Reserve System. PREREQUISITE: Permission of instructor.
FIN 107* Consumer Lending (3) Emphasis is placed on the pragmatic “How to” details of installment lending. Topics covered are principles of credit evaluation, open-end credit, marketing bank services, collection policies and procedures, legal aspects, financial statement analysis; direct and indirect installment lending leasing, installment credit department management, insurance, and rate structure and yields. PREREQUISITE: Permission of instructor.
FIN 108* Analyzing Financial Statements (3) A review of basic accounting principles providing the minimum background necessary for profitable study of financial statement analysis; covers goals, methods, and tools of analysis, analysis of profit and loss, accounts receivable, inventories, and balance sheets; the relationship of balance sheet accounts to sales; and projected statements and cash budgets. PREREQUISITES: ACT 201 and permission of instructor.
FIN 117* Commercial Lending (3) An introductory overview of the commercial lending function: commercial lending overview, the lending process, portfolio management, regulation and business development. Designed for management trainees, junior management, and non-commercial lending personnel. PREREQUISITE: Permission of instructor.
FIN 119* Marketing Financial Services (3) Concepts and philosophies of marketing; information, research, and target; the marketing mix (product strategy, distribution strategy, advertising and sales promotion, personal selling, and pricing strategy); and the methods of market planning. PREREQUISITE: Permission of instructor.
FIN 127T* Selected Problems in Finance (1-4) Specialized topical issues and/or problems in finance are selected and studied in depth. Fifteen classroom contact hours with faculty required per credit hour. May be repeated for credit with a maximum of four hours to apply toward graduation. PREREQUISITE: Permission of instructor.
FIN 210* Economics for Bankers (3) This course provides bankers with an introduction to the fundamental principles of economics. Special emphasis is placed on macroeconomics and topics of importance to bankers. This course covers the basics of economic theory and examples of the application of economics to banking.
