Special emphasis is placed on macroeconomics and topics of importance to bankers.
The course covers the basics of economic theory and examples of the application of economics to banking. The foundation for most other AIB courses, this course touches on nearly every aspect of banking from the fundamentals of negotiable instruments to contemporary issues and developments within the industry. Includes material explaining full-service commercial banking as it affects the economy, the community, business and the individual. Preparation of all required journals, entries and adjustments including coverage of the latest principles set by the Financial Accounting Standards Board. Offers essential information about the maze of regulations that governs credit practices and reviews loan processing, cross-selling and collections.