The unit explains the world of banking and its role in the financial system. It emphasizes on the role of financial intermediation for personal financial planning in the short and the medium-term, highlighting the importance of savings management and borrowing.

What you will learn

By the end of this unit, you will be able to:

  1. Appraise the importance of the banking sector for the global financial system and for personal financial planning.
  2. Categorize the different types of banking and identify their differences.
  3. Recognize the importance of saving for personal financial planning in the short and the medium term and for the stability of the macroeconomic system.
  4. Evaluate the cost of borrowing.
  5. Recognize the basic banking products and identify their main features.
  6. Calculate and evaluate basic relevant financial ratios.

Course Info

Length: One 1 hour video

Institution: University of Glasgow

Level: medium

Effort: 5 hours

Schedule: Self-paced