Fundamentals of Financial Services

Understanding key elements and basic workings of the Financial Services Industry (useful for exams as well)

Created by: Baba Oyewole
Business, Finance Consultant and Chartered Accountant

Created by: Timothy Oyewole
Eltham College Scholar

What Will I 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

Requirements

• Anyone and everyone

Target audience

• CISI Level 2 “Fundamentals of Financial Services” candidates
• Finance Student
• Accounting Students
• Tax Students
• ACCA
• Financial Services entry level
• Banking entry level
• Financial Services Interns or Apprentices
• Anyone interested in Financial Services
• Anyone interested in Economics and the Economy
• New employees at various financial institutions