Institute of Bankers Prospectus 2015

Transcription

1 Institute of Bankers Prospectus 2015 Index 1. SECTION TITLE: 2. Contact Details 3. IoB Council 4. IoB Executive Committee (EXCO) 5. IoB Education and Examination Committee (EEC) 6. Objectives of the Institute 7. Importance of Banking Education 8. IoB Qualification 9. Admission to Studies 10. Synopsis of Courses 11. IoB Examination Dates 12. Vacation Schools 13. IoB Calendar of Academic Activities Contact Details Postal Address: P.O. Box 21376, Windhoek, Namibia Telephone number: ( ) Fax number: ( ) Website: Windhoek Office: Office Hours: 4, Reger Park Complex Reger Street, Off Hosea Kutako Drive Southern Industry 08h00-16h30 (Mon - Fri) Enquiries: (+264)

2 IoB Council Established in 1988 as the professional and educational body for the banking and the financial services industry in Namibia, the Institute is the leader in providing industry focused training programs and certifications. The Institute is the only national association devoted exclusively to representing and advancing the interests of the banking community throughout Namibia. The governing body of the Institute is the Council, which has the ultimate responsibility for the work and progress of the Institute towards the achievement of its goals. The Council is the highest governing authority of the Institute. The Institute is governed by the Constitution of the Institute. The Council meets 3 times a year, in April, July and October; and has wide powers to make rules, lay down policies, approve programmes and plans, and to establish working procedures governing the operations of the Institute. The role of the Council is to set the medium to long-term direction of the Institute and to advise the Executive Committee (Exco) on the development of the Institute. The day-to-day management of the Institute is vested in the hands of the Chief Executive Officer of the Institute. The Council appoints the CEO of the Institute. The Chief Executive Officer of the Institute performs the Secretariat function of the Council. The Secretariat is accountable to the Council for all administrative affairs of the Institute. The Executive Committee (Exco) is appointed by the Council to assist the IoB CEO in strategic activities of the Institute. The Executive Committee (Exco) of the Institute comprises of Senior Managers of the participating banks, and the Chief Executive Officer of the Institute. IoB Executive Committee (Exco) Exco plays an instrumental role in planning, directing, coordinating, and supervising of the core strategic activities of the Institute. The Executive Committee is responsible for overseeing the management of the Institute, including provision of training, awarding of qualifications, and the collaborations of the Institute with organizations in Namibia, in the African region and overseas. Exco meetings take place every three months. IoB Education and Examination Committee (EEC) The role of the Committee is instrumental to ensure an effective learning, teaching, examination and assessment processes within the Institute, in line with the best international practices.

3 Duties and Responsibilities The Committee advises the Institute on the following matters: Propose and review the content and structure of the curriculum. Develop appropriate examination and education policy of the Institute. Make recommendations on specific actions or decisions the Exco and Council should consider in order to improve the quality of banking education. Constitution of the Committee The Committee comprises the following members: The Chief Executive Officer of the IoB: The Head of Examination at the University of Namibia or a nominee. The Head of Examination at the Polytechnic of Namibia or a nominee. One lecturer from the University of Namibia. One lecturer from the Polytechnic of Namibia. Two persons with banking experience, employed within the banking industry. One person from the Ministry of Education. (Examination Department)

4 OBJECTIVES OF THE INSTITUTE The objects and powers of the IoB are: (a) to provide opportunities for members to acquire a knowledge on the theory and practice of banking; (b) to facilitate the consideration and discussion of matters of interest to financial institutions ; c) to take any measures which may be considered desirable to further the interests of banking and financial institutions and persons associated with banking and financial institutions; (d) to provide facilities for the reading and discussion of approved papers and to arrange for the delivery of lectures on banking and kindred subjects; (e) to arrange for the holding of examinations, to prescribe the syllabuses for such examinations, and to grant and award certificates, diplomas and prizes, monetary or otherwise, to successful and/or deserving candidates; (f) to arrange for the production, publication, issue and distribution of publications pertaining to banking and allied subjects, including a Journal which shall be the official publication and communication organ of the Institute; (g) to provide facilities for the teaching of banking qualifications in order to promote banking as a career and profession in Namibia. VISION OF THE INSTITUTE To be a preferred banking and financial services qualification provider in Namibia MISSION OF THE INSTITUTE To be a leading provider of qualifications in the banking and financial services sector

5 Importance of Banking Education The Global Financial Crisis of 2008 rooted in the banking sector has vividly demonstrated the importance of continuous investment in the training and education of the banking community throughout the regions of the world. Banking education is vital in ensuring effectiveness, professionalism and upgrading of skills, which all add to the advancement of the industry in general. Because banking is probably one of the most dominant phenomena in recent economic memory, and a critical service in today's world, it is important that those who provide such service are well trained and equipped with the latest skills to do so. Changes in the banking environment make it necessary for banking staff to equip themselves with banking skills and knowledge in the financial sector. The IoB qualifications are intended to empower learners to acquire knowledge, skills, attitudes and values required to operate responsibly in the banking and financial services sector. IoB as a leading banking education provider in the country is well positioned and equipped to provide the best education for those in the industry or planning to pursue careers in this sector. As a certified provider of banking education, IoB has embarked on a journey to impact positively on the banking industry. IoB and Namibian Banks, bring together invaluable expertise and resources to provide any of their banking students with the best education, positioning them as potential leaders in the industry. The Institute continuously organise various types of quality training programs for professional practice and latest development of the industry. It aims to advance the banking and financial practitioners the knowledge, as well as to gain competitive edge. Depending on the coverage and depth of the topic, from technical briefing and updates to comprehensive studies, these courses are usually of practical nature and are designed to equip members with the skills and knowledge that are required for specific IoB areas. IoB will offer quality programs and industry events for its members to increase their professional capabilities. Industry events provide a perfect platform for IoB members to broaden their business networks and opportunities. IoB will offer conferences aiming to explore the various challenges and opportunities in the banking and financial services industry.

6 IoB Qualification Program consists of the following 24 modules: Modules Course Code Q0341 Certificate in Banking, Finance and Credit NQF (Level 5) Year 1 Semester 1 1 Introduction to Financial Services and Products CIFSP Introduction to Credit and Consumer Lending CICCL Introduction to Financial and Economic Concepts CIFEC Introduction to Financial Statements CIFS 1000 Year 1 Semester 2 5 Treasury Banking Practice and Operations CTBP Credit Risk Assessment I CCRA Credit Risk Management I CCRM Business Management I CBM 1000 Q0342 Diploma in Banking, Finance and Credit NQF (Level 6) Year 2 Semester 3 9 Principles of Banking DPBA Principles of Business Finance DPBF Principles of Financial Markets DPFM Analysinq Financial Statements OAFS 2000 Year 2 Semester 4 13 Business Finance Principles and Practice DBFPP Banking Principles and Practices DBPP Financial System DFS Principles of Investment DPI 2000 Q0343 Advanced Diploma in Banking, Finance and Credit NQF (Level 7) Year 3 Semester 5 17 Banking II ADBA Bank Lending II ADBL Financial Markets II ADFM Agricultural and Development Banking DADB 2000 Year 3 Semester 6 21 Business Finance I DBF Credit Risk Assessment II ADCRA Credit Risk Management II ADCRM Business Management II ADBM 3000 All modules are compulsory. Students must register for a maximum of four modules per semester/intake. All IoB qualifications are accredited by Namibia Qualifications Authority (NQA) and are registered on the National Qualifications Framework (NQF) as follows: a) Q0341 Certificate in Banking, Finance and Credit NQF (Level 5) b) Q0342 Diploma in Banking, Finance and Credit NQF (Level 6) c) Q0343 Advanced Diploma in Banking, Finance and Credit NQF (Level 7)

7 Admission to Studies Entry requirements The basic entry requirement for entrance to the Certificate Programme in Banking Finance and Credit of the Namibian Institute of Bankers is the Namibian Senior Secondary Certificate (NSSC) or any other equivalent qualification as approved by the Namibia Qualification Authority (NQA).Applicants who apply with a NSSC certificate automatically qualify for admission of entry. Applicants must have a sufficient knowledge of the English Language that would enable them to cope with studying at IoB. In specific terms, the applicant should have passed English Language with an E symbol or higher on the NSSC Ordinary Level and obtained a minimum total of 21 points in six subjects at grade 12 level in order to meet admission requirements. Note: NSFAF and the commercial banks require 25 points for employment and or loan purposes. Meeting the minimum entry requirements does however not guarantee admission. Admission will depend on the competitive strength of each applicant s academic performance and the final selection process will be determined by the Institute. Exemptions A student may be exempted from taking certain modules under the following conditions: a) Permission for exemption shall be sought from the Chief Executive Officer through completion of relevant application form. b) Exemption may be given to a student who has passed a relevant module or course at a recognised University or Institute of Bankers or Tertiary Institute of Higher Learning. c) Exemption may be given to a student for relevant work experience and recognized prior learning based on expertise and skills in the relevant module. d) Exemptions are granted on a module basis and at the Institute discretion. e) Applications for exemptions should include an official transcript listing all subjects passed. f) Exemption fee of N$ per module is charged.

8 Applications First time applications All students wishing to enroll with the IoB for the Certificate in Banking must remove and complete the application/registration form included in the center of this prospectus. The form requires the prospective student to complete Section A with personal particulars as per a certified copy of your identification document which you must attach and Section B, details of your employer; and for Section C indicate which exam centre you would most likely write the examinations at as well as your home town. For Section D you are requested to mark which subjects you wish to register for and indicate if you have applied to the NSFAF for a loan. For Section E you need to complete the section on your Grade 12 or higher education results and attach certified copies of the appropriate certificate and other post matric academic achievements. You are also requested to advise the IoB should you have any disability of other health matters that the IoB staff need to be made aware of, This completed form must be delivered, either personally or mailed, to reach the IoB offices by 15 January Once accepted the application will be advised of the amount to be deposited (see page 10 of this prospectus) into the IoB bank account at the Bank of your choice; on providing proof of the deposit your books and student card will be handed. Continuing study applications/registration All students wishing to continue studying with the IoB for the Diploma or advanced Diploma in Banking must also remove and complete the application/registration form as above but you are not required to complete section E. The application must deposit (see page 10 of this prospectus) the correct amount into the IoB bank account at the Bank of your choice; on providing proof of the deposit your books and student card will be handed.

9 Fees NSFAF approved loan holders Registration fee per semester N$ 150 Other students Course fee (including study materials) per module administration fee per semester 600 Other fees exemption fee per module 250 supplementary examination fee per module 250 remarking of examination script 200 registration to repeat a failed module 300 Payment terms To assist students to pay the semester fees the IoB is willing to accept the following terms. January / February registration for the first semester of 4 modules: By 6 February 2015 N$ By 31 March By 30 April No assignment marks will be released unless paid in full. July registration for the second semester of 4 modules: By 11 July 2015 N$ By 31 August By 30 September No assignment marks will be released unless paid in full. Deposit Slips To register, a student must obtain or download the IoB s Application Form and after being allocated a Student Number make a deposit or transfer the requisite fee into the specified bank account (separate for each of the participating banks) completing the Student Number section of the form.

10 A copy of the second part, stamped by the bank or a bank generated must be handed to the IoB on registration as proof of payment. The original copy must be kept as a proof of payment until you have completed your studies at IoB. Duration The normal duration of the program is 3 years and a maximum of 6 years. There are two semesters in one year, one semester last 6 months, starting January each year. Mode of Delivery Full time, part time and distance learning. Day and Evening Classes in Windhoek (See Timetable on Dear Student Letter) There are day and evening classes in Windhoek at unit 4, Reger Park. Individual students purchase study materials from the IoB. Purchase of study materials is compulsory. Although classes are optional, only students in possession of study materials are allowed to attend day or evening classes. Computing and Library Facilities There is a library and computing facilities at the unit 4, Reger Park in Windhoek Students are encouraged to use the computing facilities to enhance their computing skills and competencies. Please do advance booking at the venue by completing the computer use attendance sheet. Examiners and Moderators The examination paper is a product of knowledge, expertise and experience of both the experienced bankers and lecturers from the University of Namibia, the Polytechnic of Namibia and selected lecturers from the Universities in the Southern African region. Assessment Each module shall be assessed through continuous assessment and a formal examination at the end of each semester. Continuous assessment shall consist of at least two written assignments and one three-hour examination paper shall be written for each module at the end of each semester. All assignments must be typed and submitted before or on the due date, envelopes are available for students who are not residents of Windhoek. Assignments for Windhoek students must be dropped in the applicable course boxes at the IoB office, without using envelopes. Care must be taken to ensure the student and course numbers appear in the top right hand corner of the cover page. No extra

11 marks are awarded for borders or coloured covers. Handwritten and late assignments will not be accepted. The final mark is made up the continuous assessment (40%) and examination (60%). To qualify for examination, the student must have a minimum of 40% in continuous assessment. A sub-minimum mark of 40% is required to pass the examinations in each module. Students need to obtain an overall mark of 50% in order to pass the module. Supplementary Examination Any student who fails to attend an examination must provide acceptable reasons with supporting documents to the Students' Administrator of IoB within 72 hours from the time when the said examination was written. All students who obtains an average mark and an examination mark between 40% and 49% in a module qualify automatically for supplementary examination at a fee of N$ per module. Examinations Examinations are written in May and October each year. Examination Venues: Windhoek; Otjiwarongo; Walvis Bay; Ongwediva; Rundu; Katima Mulilo; Rosh-Pinah; Oranjemund; Karasburg and Mariental. Certification and Awards Upon the completion of the first year and second year, the Institute will award students a certificate, and a diploma, respectively. After successfully completing the programme, students will be awarded an Advanced Diploma in Banking, Finance and Credit. Awards are as follows: Certificate in year 1 Diploma in year 2 Advanced Diploma in year 3 Admission to the third year (advanced diploma) is not automatic. The Institute reserves the right to admit or refuse admission if the student's

12 academic performance is not satisfactory. No student will be registered for advanced diploma without successfully passing all the Certificate (year 1) and Diploma (year 2) modules. Termination of Studies Termination of studies must be in writing and must be received before the start of the semester and all books must be returned in usable condition. The member remains liable for the annual administration fee in respect of the year he/she terminates studies. Graduation Ceremony A Graduation ceremony for the successful Advanced Diploma shall be held in December.

13 Examination Dates Module 2014 Supplementary Mid year 2015 Supplementary End of year 2015 Supplementary Year 1 Semester 08h00 1 Introduction to Financial Services and Products 15-Jan May Jun Oct Jan-16 2 Introduction to Credit and Consumer Lending 17-Jan May Jun Oct Jan-16 3 Introduction to Financial and Economic Concepts 20-Jan May Jun Oct Jan-16 4 Introduction to Financial Statements 22-Jan May Jun Oct Jan-16 Year 1 Semester 11h30 5 Treasury Banking Practice and Operations 15-Jan May Jun Oct Jan-16 6 Credit Risk Assessment I 17-Jan May Jun Oct Jan-16 7 Credit Risk Management I 20-Jan May Jun Oct Jan-16 8 Business Management I 22-Jan May Jun Oct Jan-16 Year 2 Semester 14h30 9 Principles of Banking 15-Jan May Jun Oct Jan Principles of Business Finance 17-Jan May Jun Oct Jan Principles of Financial Markets 20-Jan May Jun Oct Jan Analysinq Financial Statements 22-Jan May Jun Oct Jan-16 Year 2 Semester 08h00 13 Business Finance Principles and Practice 16-Jan May Jun Oct Jan Banking Principles and Practices 19-Jan May Jun Oct Jan Financial System 21-Jan May Jun Oct Jan Principles of Investment 23-Jan May Jun Oct Jan-16 Year 3 Semester 11h30 17 Banking II 16-Jan May Jun Oct Jan Bank Lending II 19-Jan May Jun Oct Jan Financial Markets II 21-Jan May Jun Oct Jan Agricultural and Development Banking 23-Jan May Jun Oct Jan-16 Year 3 Semester 14h30 21 Business Finance I 16-Jan May Jun Oct Jan Credit Risk Assessment II 19-Jan May Jun Oct Jan Credit Risk Management II 21-Jan May Jun Oct Jan Business Management II 23-Jan May Jun Oct Jan-16

14 Time table of Activities 2014 Closing of IoB Office 12 December Opening of IoB Office 07 January 2015 January 2015 Supplementary Examinations 15 January 2015 Registration and Distribution of Books for First Semester 2015 from 2 to 14 February Graduation Ceremony 19 February 2015 Start of IoB Day and Evening Classes 23 February 2015 Due date for first assignment of the semester 13 March 2015 (No late assignments accepted) Due date for second assignment of the semester 02 April 2015 Release of Assignment Marks 20 April 2015 Vacation Schools May April 2015 Mid-year Examinations 11 May 2015 Release of Examination Marks 08 June 2015 June 2015 Supplementary Examinations 15 June 2015 Registration and Distribution of Books From 06 to 18 July 2015 Release of Supplementary Examination Marks 06 July 2015 Start of IoB Day and Evening Classes 20 July 2015 Due Date for first Assignment of the semester 07 August 2015 (No late assignments accepted) Due Date for second Assignment of the semester 28 August 2015 Release of Assignment Marks Vacation Schools 14 September September 2015 October 2015 Examinations 19 October 2015 Release of Examination Marks 23 November Graduation Ceremony 09 December 2015 Closing of IoB Office 11 December Opening of IoB Office in January Supplementary Examinations 14 January 2016

15 Summer and Winter School time Table Winter school Summer school 17h30 Introduction to Financial Services and Products Introduction to Credit and Consumer Lending Introduction to Financial and Economic Concepts Introduction to Financial Statements Year 1 / Semester 1 27-Apr 28-Apr 09-May 21-Sep 22-Sep 03-Oct 28-Apr 27-Apr 08-May 22-Sep 21-Sep 02-Oct 29-Apr 30-Apr 07-May 23-Sep 24-Sep 01-Oct 30-Apr 29-Apr 06-May 24-Sep 23-Sep 30-Sep Year 1 / Semester 2 5 Treasury Banking Practice and Operations 27-Apr 28-Apr 05-May 21-Sep 22-Sep 29-Sep 6 Credit Risk Assessment I 28-Apr 27-Apr 04-May 22-Sep 21-Sep 28-Sep 7 Credit Risk Management I 29-Apr 30-Apr 02-May 23-Sep 24-Sep 26-Sep 8 Business Management I 30-Apr 29-Apr 01-May 24-Sep 23-Sep 25-Sep Year 2 / Semester 3 9 Principles of Banking 01-May 02-May 30-Apr 25-Sep 26-Sep 24-Sep 10 Principles of Business Finance 02-May 01-May 29-Apr 26-Sep 25-Sep 23-Sep 11 Principles of Financial Markets 04-May 05-May 28-Apr 28-Sep 29-Sep 22-Sep 12 Analysinq Financial Statements 05-May 06-May 27-Apr 29-Sep 30-Sep 21-Sep Year 2 / Semester 4 13 Business Finance Principles and Practice 01-May 02-May 09-May 25-Sep 26-Sep 03-Oct 14 Banking Principles and Practices 02-May 01-May 08-May 26-Sep 25-Sep 02-Oct 15 Financial System 04-May 05-May 07-May 28-Sep 29-Sep 01-Oct 16 Principles of Investment 05-May 09-May 06-May 29-Sep 03-Oct 30-Sep Year 3 / Semester 5 17 Banking II 06-May 04-May 05-May 30-Sep 28-Sep 29-Sep 18 Bank Lending II 07-May 06-May 04-May 01-Oct 30-Sep 28-Sep 19 Financial Markets II 08-May 07-May 02-May 02-Oct 01-Oct 26-Sep 20 Agricultural and Development Banking 09-May 08-May 01-May 03-Oct 02-Oct 25-Sep Year 3 / Semester 6 21 Business Finance I 06-May 04-May 30-Apr 30-Sep 28-Sep 24-Sep 22 Credit Risk Assessment II 07-May 08-May 29-Apr 01-Oct 02-Oct 23-Sep 23 Credit Risk Management II 08-May 09-May 23-Apr 02-Oct 03-Oct 17-Sep 24 Business Management II 09-May 07-May 27-Apr 03-Oct 01-Oct 21-Sep

16 Modules Modules Modules Year 1 Semester 1 Year 2 Semester 3 Year 3 Semester 5 INTRODUCTION TO FINANCIAL SERVICES AND PRODUCTS PRINCIPLES OF BANKING BANKING II 1 CASH MANAGEMENT AND CREDIT 1 BANK ORGANIZATION 1 CHEQUES - THE PAYING AND SERVICES COLLECTING BANKS 2 E-BANKING SERVICES 2 BANK CUSTOMERS AND 2 WHAT IS BANKING? EARNINGS 3 CONSUMER PRODUCTS 3 CASH MANAGEMENT AND CREDIT 3 INVESTMENT BANKING SERVICES 4 CONSUMER AND INTERNATIONAL 4 E-BANKING SERVICES 4 BASIC BANKING TERMS BANKING SERVICES 5 FINANCIAL PLANNING PRODUCTS 5 CONSUMER PRODUCTS 5 DUTIES OF BANK OFFICERS I PRODUCTS AND SERVICES 6 CONSUMER AND INTERNATIONAL 6 DUTIES OF BANK OFFICERS II 6 OFFERED BY FINANCIAL INSTITUTIONS BANKING SERVICES 7 FINANCIAL PLANNING PRODUCTS 7 FRAUD AND FINANCIAL CRIME 8 TRUST SERVICES AND DEPOSITS PRODUCTS 9 BANKS INVESTMENT IN SECURITIES AND FUNDING ISSUES 10 MEANING AND IMPORTANCE OF COLLATERAL 8 PAYMENT SYSTEM 9 CAPITAL ADEQUACY OF BANKING INSTITUTIONS 10 FINANCIAL MANAGEMENT IN BANKING INTRODUCTION TO CREDIT AND CONSUMER LENDING PRINCIPLES OF BUSINESS FINANCE BANK LENDING II 1 MEANING OF CREDIT 1 WHAT IS PROFIT 1 WHAT IS LENDING 2 UNDERSTANDING BASIC CREDIT 2 HOW TO MAKE PROFIT 2 LENDING AGREEMENTS AND TERMS RELATED TERMS 3 BASICS OF CREDIT AND RELATED 3 MEASUREMENT OF FINANCIAL 3 THE LENDING ENVIRONMENT TERMS SUCCESS 4 CREDIT ASSESSMENT PROCESS 4 FOUR KEY FIGURES IN A 4 DEBTS AND RELATED TERMS AND RELATED ISSUES BUSINESS 5 LOAN APPLICATION AND RELATED 5 WHY PRODUCE FINANCIAL 5 DEFAULT AND RELATED TERMS TERMS 6 WHAT IS A BALANCE SHEET 6 BANKRUPTCY AND RELATED TERMS 7 WHAT IS AN INCOME STATEMENT 7 AIRCRAFT FINANCE 8 What IS A CASH FLOW STATEMENT 9 IMPORTANCE OF FINANCIAL 10 SIGNIFICANCE OF FINANCIAL RATIOS 8 BASICS OF MORTGAGE LOANS I 9 BASICS OF MORTGAGE LOANS II 10 REAL ESTATE INVESTMENT INTRODUCTION TO FINANCIAL AND ECONOMIC CONCEPTS PRINCIPLES OF FINANCIAL MARKETS FINANCIAL MARKETS II BASIC LIQUIDITY CONCEPTS 1 INTRODUCTION TO GLOBAL 1 INTRODUCTION TO FINANCIAL 1 FINANCIAL MARKETS MARKETS 2 BASIC FINANCIAL CONCEPTS 2 FINANCIAL CONCEPTS 2 BOND RELATED CONCEPTS 3 TYPES OF FINANCIAL MARKETS 3 THE FINANCIAL LANDSCAPE 3 FINANCIAL SYSTEM ENVIRONMENT 4 SELECTED FINANCIAL TERMS 4 IMPORTANCE OF THE BANKING 4 READING THE INCOME STATEMENT INDUSTRY 5 SELECTED ECONOMIC TERMS 5 INVESTMENT INSTITUTIONS AND 5 READING THE BALANCE SHEET AND CONCEPTS RETIREMENT FUNDS

17 6 ECONOMY AND SECTORS 6 REGULATION OF FINANCIAL MARKETS IN SOUTH AFRICA 6 READING THE CASH FLOW STATEMENT 7 MONEY MARKET INSTRUMENTS 7 ANALYSIS OF FINANCIAL 8 TIME VALUE OF MONEY 8 BASICS OF THE BOND MARKET 9 ANALYSIS AND INTERPRETATION OF FINANCIAL I 10 ANALYSIS AND INTERPRETATION OF FINANCIAL II 9 CUM INTEREST BONDS 10 EX INTEREST BONDS INTRODUCTION TO FINANCIAL ANALYSING FINANCIAL AGRICULTURAL AND DEVELOPMENT BANKING INTRODUCTION TO FINANCIAL 1 FINANCIAL STATEMENT ANALYSIS: AN OVERVIEW 1 LEGAL FRAMEWORK FOR AGRICULTURAL BANKING IN NAMIBIA BASIC ACCOUNTING CONCEPTS 2 READING FINANCIAL 2 AGRICULTURAL FINANCIAL POLICY AND RISK MANAGEMENT CLASSIFICATIONS OF FINANCIAL 3 INCOME STATEMENT ANALYSIS 3 PERFORMANCE OF THE INDICATORS AGRICULTURAL BANK OF NAMIBIA READING THE FINANCIAL 4 ANALYZING BALANCE SHEETS 4 AGRICULTURAL FINANCIAL 5 USING DEBT RATIOS TO ANALYZE 5 AGRICULTURAL SECTOR IN NAMIBIA FINANCIAL PERFORMANCE 6 CALCULATIONS AND 6 LEGAL FRAMEWORK FOR INTERPRETATION OF DEVELOPMENT BANKING IN NAMIBIA PROFITABILITY RATIOS 7 CALCULATIONS AND INTERPRETATION OF EFFICIENCY RATIOS 8 CALCULATIONS AND INTERPRETATION OF LIQUIDITY RATIOS 9 CALCULATIONS AND INTERPRETATION OF FINANCIAL GEARING RATIOS 10 CALCULATIONS AND INTERPRETATION OF SECURITIES MARKET RATIOS 7 PERFORMANCE OF THE DEVELOPMENT BANK OF NAMIBIA 8 APPRAISAL OF DEVELOPMENT PROJECTS 9 DEVELOPMENT FINANCE INSTITUTIONS OUTSIDE NAMIBIA 10 ECONOMIC DEVELOPMENT Year 1 Semester 2 Year 2 Semester 4 Year 3 Semester 6 TREASURY BANKING PRACTICE AND OPERATIONS BUSINESS FINANCE PRINCIPLES AND PRACTICE BUSINESS FINANCE I 1 BASIC LIQUIDITY CONCEPTS 1 INTRODUCTION TO FINANCE 1 TYPES OF FINANCE I 2 BASIC FINANCIAL CONCEPTS 2 THE FINANCE ENVIRONMENT 2 TYPES OF FINANCE II 3 BANK RUN AND LIQUIDITY 3 WHAT IS PUBLIC FINANCE 3 WHAT IS PUBLIC FINANCE? POSITION 4 LIQUIDITY RISK MANAGEMENT 4 SELECTED PROFITABILITY TERMS 4 WHAT IS PROJECT FINANCE? 5 FUNDING SOURCES: ASSETS AND 5 SELECTED FINANCIAL TERMS 5 FINANCE RELATED QUESTIONS LIABILITIES 6 TREASURY PRODUCTS 6 MONEY MARKET INSTRUMENTS 7 TREASURY OPERATIONS 7 SELECTED PROFITABILITY TERMS I 8 SENSITIVITY TO MARKET RISK 8 SELECTED PROFITABILITY TERMS II 9 INTEREST RATE RISK 9 SELECTED FINANCIAL TERMS I MEASUREMENT METHODS 10 SECURITIES AND DERIVATIVES 10 SELECTED FINANCIAL TERMS II CREDIT RISK ASSESSMENT I BANKING PRINCIPLES AND PRACTICES CREDIT RISK ASSESSMENT II

18 1 WHAT IS CREDIT RISK 1 BANK ORGANIZATION 1 THE BUSINESS AND CREDIT ENVIRONMENT 2 BASIC CREDIT TERMS 2 IMPORTANCE OF MONEY IN BANKING 2 FINANCIAL PERFORMANCE INDICATORS OF THE COUNTERPARTY 3 BUSINESS LOANS AND BANK CUSTOMERS 3 BASICS OF BANKING 3 ASSESSING THE FINANCIAL PERFORMANCE OF THE BORROWER 4 ASSESSING LOAN APPLICATIONS OF A NEW BUSINESS 4 COMPOSITION OF BANK'S ASSETS 4 ANALYSING THE DEBT RATIOS OF A COMPANY 5 BUSINESS CREDIT ENVIRONMENT 5 COMPOSITION OF BANK'S LIABILITIES 5 CAPITAL STRUCTURE AND RELATED ISSUES 6 BANK LOANS BASICS 6 FUNDAMENTAL ANALYSIS I 7 REJECTIONS OF BANK LOANS APPLICATIONS 8 ASSESSING FINANCIAL 9 MORTGAGE LOAN APPLICATION PROCESS I 10 MORTGAGE LOAN APPLICATION PROCESS II 7 FUNDAMENTAL ANALYSIS II 8 MARKET ANALYSIS I 9 MARKET ANALYSIS II 10 CREDIT ASSESSMENT PROCESS AND RELATED ISSUES CREDIT RISK MANAGEMENT I FINANCIAL SYSTEM CREDIT RISK MANAGEMENT II 1 DUTIES OF CREDIT RISK OFFICERS 1 FINANCIAL MARKET AND THE SYSTEM 1 DUTIES AND RESPONSIBILITIES OF A CREDIT MANAGER I 2 UNDERSTANDING LENDING PRODUCTS I 2 TYPES OF FINANCIAL MARKETS 2 DUTIES AND RESPONSIBILITIES OF A CREDIT MANAGER II 3 UNDERSTANDING LENDING PRODUCTS II 3 MONETARY SYSTEM 3 UNDERSTANDING BASIC CREDIT TERMS 4 BASICS OF CREDIT AND RELATED TERMS 4 BASIC MONETARY TERMS AND CONCEPTS 4 UNDERSTANDING BASIC DEBT TERMS I 5 UNDERSTANDING THE CREDIT ENVIRONMENT 5 GLOBAL FINANCIAL SYSTEM 5 UNDERSTANDING BASIC DEBT TERMS II 6 CREDIT POLICY AND THE ROLE OF CREDIT MANAGER 6 DUTIES OF CREDIT (OR DEBT) SPECIALISTS 7 CREDIT POLICY GUIDELINES 7 DEBT COLLECTION INSTRUMENTS 8 RISK GRADING 8 DEBT COLLECTION PROCESS AND REPOSSESSION 9 CREDIT FUNCTIONS I 9 DEFAULT JUDGMENT AND FORECLOSURE 10 CREDIT FUNCTIONS II 10 CREDIT RISK MANAGEMENT AND PROCEDURAL GUIDELINES BUSINESS MANAGEMENT I PRINCIPLES OF INVESTMENT BUSINESS MANAGEMENT II 1 BASICS OF A BUSINESS 1 INTRODUCTION TO INVESTMENT 1 BUSINESS MANAGEMENT TERMS 2 BASICS OF BUSINESS MANAGEMENT 2 BASICS OF INVESTMENT 2 BUSINESS MANAGEMENT RESPONSIBILITIES I 3 MANAGEMENT FUNCTIONS 3 FINANCE RELATED QUESTIONS 3 BUSINESS MANAGEMENT RESPONSIBILITIES II 4 WHAT IS BUSINESS 4 INTEREST RATE CALCULATIONS 4 DUTIES OF BUSINESS MANAGERS MANAGEMENT? 5 RESPONSIBILITIES OF SELECTED 5 FINANCIAL ARITHMETIC 5 TYPES OF BUSINESS INDUSTRIES DEPARTMENTS 6 DUTIES OF BUSINESS MANAGERS I 7 DUTIES OF BUSINESS MANAGERS 11 8 BUSINESS RISK MANAGEMENT 9 AUDITING OF BUSINESS OPERATIONS I 10 AUDITING OF BUSINESS OPERATIONS 11