Introduction to Banking

Brief description

• Fundamentals of financial intermediation • Basic financial concepts • Definition and manifestations of financial intermediaries • Functions and duties of financial intermediaries • Special features of banking operations • Financial contracts with symmetrical and asymmetrical information • Explanatory approaches to the existence of banks • Banking operations and services • Framework conditions for banking business activities • Tasks of financial markets • ESCB: ECB and NCB • Banking supervision • Banking systems: Bank structure in Austria • International banking systems: Banking structures in CEE; Banking structures in Western Europe, USA and Japan

Mode of delivery

face to face

Type

compulsory

Recommended or required reading and other learning resources/tools

Lecturer Handout "Introduction to the Banking Industry"; Choudhry, An Introduction to Banking: Principles, Strategy and Risk Management (Securities and Investment Institute), 2nd ed., Wiley

Planned learning activities and teaching methods

Lecture, support by PowerPoint slides; discussion of examples with students.

Assessment methods and criteria

Written exam

Prerequisites and co-requisites

None

Infos

Degree programme

Banking and Finance (engl.)

ECTS Credits

3.00

Language of instruction

English

Curriculum

Full-Time

Academic year

2025

Semester

1 WS

Incoming

No

Learning outcome

After successful completion of the course, students can • present the special characteristics of the banking industry and the principles of the banking business • describe the banking systems in Austria and abroad as well as the framework conditions of the national and international banking industry • explain, outline and illustrate the economic models of the existence of financial intermediaries

Course code

1229-19-01-VZ-EN-01