● Introduction: Money and the Financial System ● Why study financial markets, institutions and banking ● Why study money and monetary policy ● Functions of financial markets ● Types of financial markets ● Meaning and function of money ● Understanding Interest Rates ● Measuring interest rate risk ● YTM of simple loan, fixed payment loan, coupon bond ● Supply and demand curve ● Finding the equilibrium interest rate ● Foreign exchange market ● What are foreign exchange rate ● Why are exchange rates important ● Theory of purchasing power parity ● Banking: Management and performance ● The bank balance sheet ● Basic baking ● General principles of bank management ● Banking: Management and performance ● Managing credit risk ● Managing interest rate risk ● Measuring the performance ● Banking: Structure and Competition ● Historical development of banking system ● Financial innovation and growth of shadow banking system ● Structure commercial banking industry ● Central banks ● Origins of central bank system ● Variations in the functions and structure of central banks ● The money supply process ● Three players in money supply process ● Control of monetary base ● Multiple deposit creation- a simple model ● Factors that determine money supply ● The money supply process ● The money multiplier ● The M2 money multiplier ● The behavior of currency ratio ● The conduct of monetary policy ● The price stability goal and the nominal anchor ● Other goals of monetary policy ● Inflation targeting ● Introduction to Risk Management ● Meaning of Risk Management ● Objectives of Risk Management ● Steps in the Risk Management Process ● Identify Loss Exposures ● Measure and Analyze the Loss Exposures ● Select the appropriate Combination of Techniques for Treating the Loss Exposures ● Insurance Defined ● Define insurance and its basic ● Characteristics. ● Fundamentals of insurable risk ● Insurance and gambling compared ● Insurance and Speculation compared. ● Benefits and costs of insurance ● Benefits of insurance to the society ● Cost of insurance to society ● Insurance Company Operations ● Insurance Company Operations ● Rating and Ratemaking ● Underwriting Production Claims Settlement ● Reinsurance ● Alternative to Traditional Reinsurance ● Investments ● Other Insurance Company Functions ● Life and health insurance, Underwriting life insurance ● Types of life insurance polices, Premium determination ● Worker’s compensation insurance ● Personal accident insurance, Non life insurance ● Motor insurance ● Burglary and housekeeping insurance ● Fire and lighting insurance ● Marine insurance, Aviation insurance ● Liability insurance, Pecuniary insurance ● Fidelity guarantee insurance, Engineering insurance