talal abu - ghazaleh finance and banking - tag-publication

Talal Abu - GhazalehFinance and Banking Academy

(TAGFBA)

Training and Academic Plan

2008

Talal Abu - GhazalehFinance and Banking Academy

(TAGFBA)

The Talal Abu Ghazaleh Finance and Banking Academy (TAGFBA) offers the following fields of training and academic activities:

I- Comprehensive Training Programs for Beginners (Entry Level Training Courses)

Internal banking operations (40 training hours)

Current accounts: deposits, saving and fixed accounts, and certificates of depositsBank accountingBank guarantees and commercial bills Fundamentals of bank credit facilities: retail and customer lending, corporate finance, term loans, and credit types.

External banking operations (30 training hours)

Documentary credits (LC’s)Bills of collection Bank transfersTravelers chequesSwifts / LC’s., transfers

Basic computer and Internet skills (20 training hours)

Basic English language skills for bankers (20 training hours)

This package of courses will be for the benefit of new employees, starting their careers in banking and financial sector. Participants are awarded “Certificate of Completion” upon the satisfactory completion of each package.

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II- Specialized Banking and Financial Training Courses TAGFBA offers training programs in various banking and financial aspects for the middle and top level of management.Training methods used include practical cases, role-playing, brainstorming, teamwork, simulations, and research. The trainees are granted an “Assessment Certificate” upon the satisfactory completion of each program.

These courses are conducted through the following fields:

Code Training Hours

BC 01

BC 02

BC 03

BC 04

BC 05

BC 06

BC 07

BC 08

BC 09

BC 10

BC 11

BC 12

BC 13

BC 14

BC 15

BC 16

BC 17

BC 18

BC 19

BC 20

BC 21

Credit Analysis

Project Evaluation and Feasibility Studies

Syndicated Lending

Credit Risks Management in Banks

Follow up & Control of Bank Credit

Problems Loans and Remedial Management

Management & Treatment of Bad Debts

Lease Financing

Money Laundering and Bank Secrecy

Advanced Credit Analysis

Credit Policies and Management

Legal System of Credit Cards and Bank Cheques

Legal Aspects of Documentary Credits

Credit Risk Management in Insurance Companies

Foreign Trade Finance

Retail and Personnel Credit Management

Real Estate Finance

Liquidity Management for Credit Purposes

Industrial Credit Analysis

Bank Collaterals

Corporate Financing

20

20

15

25

20

25

20

15

20

25

25

15

20

15

15

15

15

15

12

15

15

A- Bank Credit Courses

Course

2

B- Financial, Accounting and Auditing Courses

Financial Analysis

Advanced Financial Analysis

Financial Accounting for Banks

Financial Statements Analysis

Preparing and Forecasting Budgets in Banks

Balance Sheets Management and Structure

Accounting and Financial Statements for Credit

Purposes

Modern International Techniques of Auditing and

Control in Banks

Financial Risks Management

Financial Statements Analysis Using Excel

Financial Planning and Forecasting

Electronic Accounting System in Banks

Cost Accounting in Commercial Banks

Swift/Transfers, Lc’s, Bills

Bank Managerial Accounting

Accounting For non- Accountants

Accounting for Insurance Companies

IT Auditing and Control

Cash Flow Analysis and Management

Legal Aspects of Financial Analysis

Cash Flow – Based Valuation Models

Auditing for Foreign Exchange Market Deals

Auditing and Controlling for the Use of Electronic

Credit Card, Charge Card and Smart Card

Training HoursCourseCode

20

25

20

20

15

20

25

20

25

15

20

15

15

15

20

15

15

15

12

15

15

15

15

FA 01

FA 02

FA 03

FA 04

FA 05

FA 06

FA 07

FA 08

FA 09

FA10

FA 11

FA 12

FA 13

FA 14

FA 15

FA 16

FA 17

FA 18

FA 19

FA 20

FA 21

FA 22

FA 23

3

C- Money and Capital Markets Courses


MC 01

MC 02

MC 03

MC 04

MC 05

MC 06

MC 07

MC 08

MC 09

MC 10

MC 11

MC 12

MC 13

MC 14

MC 15

MC 16

Money Market Operations

Capital Market Operations

Bourse Game (Foreign Exchange) & Treasury

Operations

Mock Dealing Room

Managing Risks in Financial Markets

Financial Markets for the non-Financial Employees

Financial Brokerage Operations

Promotions & Underwriting Companies

Mutual Funds and Annuities

Foreign Currency Market Risks and Management

Economics and the Financial Markets

Understanding and Using International REPO Markets

International Financial Markets

Money and Capital Markets Authorities

Technical Analysis

Fundamental Analysis

20

20

25

20

15

15

15

15

15

20

15

15

15

20

15

15

15

20

20

15

Financial Analysis for Auditors

Accounting and Auditing for Financial Derivatives

Activities

New Financial Instruments for Auditors to Manage

Money Laundering and Fraud Risks

Assessing and Managing the Market Value of

Balance Sheet

FA24

FA25

FA26

FA27


4


D- Bank Management Courses

BM 01

BM 02

BM 03

BM 04

BM 05

BM 06

BM 07

BM 08

BM 09

BM 10

BM 11

BM 12

BM 13

BM 14

BM 15

BM 16

BM 17

BM 18

BM 19

BM 20

BM 21

BM 22

BM 23

Bank Operational Structure

Asset & Liability Management

Human Resources Management in Banks

Banking Leadership Skills

Management of Mutual Funds

Implementation of Basel II Agreement

Measuring & Evaluating Banks Performance

Strategic Planning and Strategic Management for Banks

Cash, Credit and Treasury Operations Management

Legal Aspects of Bank Operations

ISO System and its Application in Banks

Team Work Building in Bank Operations

Training of Trainers (TOT)

Total Quality Management (TQM) in Banks

Personnel Management and Job Development

Problem Solving and Decision Making for Banks

Interest Rate Risk Management

Country Risk Management

Private Equity and Venture Capital Management

Branch Bank Management

Brain Storming for Management

Management Information Systems (MIS)

Strategic Leadership and Change

15

30

20

20

15

20

20

15

25

15

20

15

15

20

15

15

15

15

15

12

15

20

15

5


E- Investment Portfolios and Corporate Finance Courses

IP 01

IP 02

IP 03

IP 04

IP 05

IP 06

IP 07

IP 08

IP 09

IP 10

IP 11

IP 12

IP 13

IP 14

IP 15

IP 16

IP 17

IP 18

IP 19

IP 20

IP 21

IP 22

IP 23

Capital Markets Operations

Money Markets Transactions

International Corporate Finance Analysis & Evaluation

Technical Analysis


Forwards, Futures and Options Markets

Currency Swaps and Interest Rate Swaps

Investment in Financial Securities (Stocks & bonds)

Intermediate Portfolio Management

Advanced Portfolio Management

Brokerage Operations

Mutual Funds (Investment companies)

Modern Techniques for Mergers & Acquisitions

Derivative & Financial Engineering

Structuring Real-Estate Finance

Asset Securitization : Cash Flow Modeling

Modern Correspondents Bank Operations

International Project Finance and Management

Credit Derivatives

Measuring and Managing Value at Risk (VAR)

Understanding Convertible Bond Mechanics

Fixed Income Securities


20

20

20

15

15

25

20

25

20

20

25

20

15

30

12

12

15

15

15

15

15

15

20

6


F- Bank Marketing Courses

MB 01

MB 02

MB 03

MB 04

MB 05

MB 06

MB 07

MB 08

MB 09

MB 10

MB 11

MB 12

MB 13

MB 14

MB 15

Introduction to Bank Marketing

Advanced Bank Marketing

Innovation of New Banking Services

Negotiation Skills for Banking Leaders

Development of Banking Services Quality

Bank Marketing Strategies Under Competition

Financial Services Marketing

Selling Skills and Techniques for Banks

Global Securities Services Marketing

Retail Bank Services

Strategic Thinking : Financial Services Marketing

Marketing of Insurance Services

Negotiation Strategy and Process

Understanding Customer Motivation and Attitude

Listening and Questioning Skills

15

20

15

15

20

20

15

15

15

15

15

12

15

12

12

7


G- Islamic Banking Courses

IB 01

IB 02

IB 03

IB 04

IB 05

IB 06

IB 07

IB 08

IB 09

IB 10

IB 11

IB 12

IB 13

IB 14

IB 15

IB 16

IB 17

IB 18

IB 19

IB 20

IB 21

IB 22

IB 23

Basic Concepts of Islamic Economy

Introduction to Islamic Banking System

Al - Murabaha Financing

Al - Musharakah Financing

Al - Moudarabah Financing

Al - Ijara Financing

Al - Salam and Al - Istisna

Theoretical Foundations and Practical Applications of

Islamic Banking System

Islamic Bank Marketing

Islamic Bank Accounting for Zakat

Shari’ah Control of Islamic Banks

Islamic Bank Budgeting Techniques

Management and Treatment of Doubtful Debts

Accounting for Islamic Insurance Companies

Evaluation of Islamic Bank Performance

Comparison Between Islamic Banks and Commercial

Banks

Central Bank Inspection and Control on Islamic Banks

Fundamentals of Islamic Banking Operations

Financial Accounting Standards in Islamic Banks

Profit Distribution in Islamic Banks

Investment Portfolio Management in Islamic Banks

Strategic Management and Organization for Islamic

Banks

Securitization and Liquidity Management in Islamic

Banks

15

15

12

12

12

12

12

20

15

15

20

20

15

15

20

15

15

20

15

15

20

20

15

8

IB 28

IB 29

IB 30

Islamic Banks Modes of Finance

Asset and Liability Management in Islamic Banks

Feasibility Studies and Project Evaluation: An Islamic

Perspective

25

25

20


III- Specialized Professional Diploma Programs

TAGFBA offers advanced workshops in certain financial and banking aspects leading to specialized professional education certificates. The duration of each workshop ranges from 150 to 250 training hours. Participants who successfully pass any specialized professional program are granted “Certificate of Specialist or Expert or Manager in the Field”.

These diplomas would be as follows:

Diploma in Financial Analysis – granted (Financial Analyst)Diploma in Bank Credit – granted (Credit Officer)Diploma in E-Banking – granted (E-Banking Expert)Diploma in Bank Leadership – granted (Bank Leader)Diploma in Brokerage Operations – granted (Broker Officer)Diploma in Investment Portfolio Management - granted (Portfolio Manager or Investment Advisor) Diploma in Bank Marketing – granted (Bank Marketing Officer)Diploma in Islamic Banking Operations – granted (Islamic Banking Specialist)Diploma in Bank Accounting and Auditing – granted (Bank Accounting and Audit Advisor or Manager)

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IB 24

IB 25

IB 26

IB 27

Islamic Bank Guarantees

Internal and External Audit and Control in Islamic Banks

Risk Management in Islamic Banks

Management of Foreign Banking Operations in Islamic

Banks

12

20

20

20

1-2-3-4-5-6-

7-8-

9-

1. Professional Diploma in Financial Analysis

No. of

Modules

1

2

3

4

5

6

7

8

9

10

11

12

Total

Module Title

Introduction to Financial Analysis

Financial Accounting for Banks

Financial Statements Analysis

Financial Planning and Forecasting

Financial Analysis for Financial Markets Operations

Financial Analysis and Feasibility Studies

Advanced Financial Analysis

Financial Statements Analysis Using Excel

Legal Aspects of Financial Analysis

Financial Risks Management

Cash Flow Analysis and Management

Balance Sheets Management and Structure

Credit Hours

20

15

15

20

20

15

25

15

15

20

15

20

200

The Modules of each professional diploma are designed in the following manner:

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2. Professional Diploma in Bank Credit

No. of

Modules

1

2

3

4

5

6

7

8

9

10

11

12

13

14

Total

Module Title

Introduction to Bank Credit

Advanced Credit Analysis

Financial Analysis and Evaluation of Bank Clients

Credit Policies and Management

Project Evaluation and Feasibility Studies

New Techniques for Assessment of Bank Credit Risks

Follow up and Control of Bank Credit

Legal Aspects of Credit Analysis

Foreign Trade Finance

Corporate Financing

Liquidity Management for Credit Purposes

Credit Analysis for Asset Securitization

Management and Treatment of Bad Debts

Modern Techniques of Credit Rating

Credit Hours

15

20

15

15

20

20

15

15

15

20

15

15

15

15

230

11

3. Professional Diploma in Electronic Banking (E-Banking)

No. of

Modules

1

2

3

4

5

6

7

8

9

10

11

12

Total

Module Title

Electronic Banking

Electronic Commerce

Electronic Documentary Credits

Electronic Payments and Transfers

Electronic Money and Capital Markets

Electronic Human Resources Management in banks

Electronic Credit Card, Charge Card, Smart Card

Electronic Crime – Concept and Scope

Electronic International Financial Transactions

Electronic Auditing of Banks

Modern Risk Management Techniques for E- Banking

Legal and Legislation Frameworks for E-Banking

Credit Hours

15

15

15

15

20

20

15

15

15

15

20

20

200

12

4. Professional Diploma in Bank Leadership

No. of

Modules

1

2

3

4

5

6

7

8

9

10

11

12

13

Total

Module Title

Leadership Styles and Techniques

Leadership in the Age of Uncertainty and Challenges

Group Building and Managing Meetings in Banks

Problem Solving, Decision Making, and Creativity for

Banking Management

Managing Time, Delegation and Work Stress

Strategic Planning and Strategic Management for Banks

Bank Marketing and Customer Relations Management

Strategic Role of Management Information System

(MIS) in Banks

Application of Total Quality Management (TQM)

in Banks

Conflict Management in Banks

Supervisory Development for Banking Personnel

Cash, Credit, and Treasury Operations Management

Bank Simulation for Leaders

Credit Hours

15

15

20

20

15

15

15

20

20

15

15

20

15

220

13

5. Professional Diploma in Brokerage Operations

No. of

Modules

1

2

3

4

5

6

7

8

9

10

11

Total

Module Title

Financial Brokerage Operations

Financial Markets Operations

Capital Market Authorities : Securities Commission,

Stock Exchange (Bourses), Securities Depository

Center

Types of Capital Markets

Equity (Securities and Bonds ) Analysis

Mutual Funds (Investment companies)

Technical Analysis


IT Financial Broker

Promotion and Underwriting Companies.

Measuring and Evaluation Stock Market Indicators

Credit Hours

20

20

30

15

20

15

15

15

10

15

15

190

14

6. Professional Diploma in Investment Portfolio Management

No. of

Modules

1

2

3

4

5

6

7

8

9

10

11

12

13

14

Total

Module Title

Treasury Operations and Foreign Exchange Transactions

Bourses and Capital Markets

Investment Portfolios and Mutual Funds Formation

and Management

Forwards, Futures and Options Markets

Risks Management of Bank Investments

Asset and Liability Management

Derivatives and Financial Engineering

Interest Rate Swaps and Currency Swaps

Technical Analysis and Fundamental Analysis

Foreign Exchange Risks Management

Investments in Global Securities

Understanding Convertible Bond Mechanics

International Project Finance and Management


Credit Hours

20

20

15

20

20

20

20

20

20

15

15

15

10

10

240

15

7. Professional Diploma in Bank Marketing

No. of

Modules

1

2

3

4

5

6

7

8

9

10

11

12

Total

Module Title

Bank Marketing - Concept & Scope

Strategies and Planning for Development of Public

Relations

Development of Banking Service Quality

Selling skills and Techniques for Banks

Bank Card Marketing

Effective Negotiation Skills for Bankers

Marketing Resources for Services Excellence in Banks

Formulation and Evaluation of Bank Marketing Strategy

Mass Communication and Interaction Skills

Innovation of New Banking Services

Legal Aspects of Commercial Financial Services

Understanding Customer Motivation and Attitude

Credit Hours

20

20

15

20

15

15

20

15

15

15

10

10

190

16

8. Diploma in Islamic Banking Operations

No. of

Modules

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

Total

Module Title

Introduction to Islamic Banking System

Islamic Banks : Theory and Practice

Islamic Modes of Finance

Shari’ah Financial Control of Islamic Banks

Asset and Liability Management in Islamic Banks

Investment Portfolio Management in Islamic Banks

Securitization and Liquidity Management in Islamic

Banks

Feasibility Studies and Project Evaluation : An Islamic

Perspective

Central Bank Inspection and Control on Islamic Banks

Comparison Between Islamic Banks and Commercial

Banks

Internal and External Audit and Control In Islamic Banks

Islamic Bank Accounting for Zakat

Evaluation of Islamic Bank Performance

Management of Foreign Banking Operations in

Islamic Banks

Risk and Doubtful Debts Management and Treatment

Credit Hours

15

15

20

15

20

15

15

15

9

9

15

12

15

15

15

220

17

9. Professional Diploma in Bank Accounting and Auditing

No. of

Modules

1

2

3

4

5

6

7

8

9

10

11

12

13

14

Total

Module Title

Accounting - Concept and Principles

Analysis of Cash Flow Statement and Income Statement

Financial Accounting in Banks

Bank Managerial Accounting

Cost Accounting in Banks

Fundamentals of Auditing and Control

New International Standards of Accounting and

Auditing in Banks

IT Auditing and Control in Banks

Financial Analysis for Auditors

Electronic Accounting System in Banks

Auditing for Foreign Exchange Market Deals

Accounting and Auditing for Financial Derivatives

Activities

Auditing and Controlling for the Use of Electronic

Credit Card, Charge Card and Smart Card

New Financial Instruments for Auditors to Manage

Money Laundering and Fraud Risk

Credit Hours

15

15

15

20

15

15

20

15

15

15

15

20

15

20

230

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IV- MBA Program in Banking and Finance

Aims of the Program

The financial sector is one of the main pillars of the national economy. With the steady growth, development, and increased diversification and complexity of the financial sector, there is a growing demand for the requisite banking and financial skills.

The MBA in Banking and Finance aims to fill this need and provides candidates with a general management education and skills as well as specialized knowledge and training in banking and finance. It is expected that students will be able to acquire knowledge and analytical skills in finance, investment, and risk management in banks and financial institutions. The MBA in banking and finance will be started at the beginning of the academic year 2008 - 2009.

Program Structure

The program consists of (9) compulsory core courses (three credit hours each), (3) compulsory functional courses (three credit hours each) and (2) optional functional courses (three credit hours each). In other words, the Program requires candidates to complete a total of (42) credit hours.

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A. Compulsory Core Courses

Banking and Financial Institutions Corporate Finance Managerial Accounting Financial Analysis Managerial EconomicsMultinational Financial ManagementBank Strategic Management Bank Marketing Management Market Simulation (Statistical and Research Methods in Banking & Finance)

B. Compulsory Functional Courses

Money and Capital MarketsDerivative and Financial Engineering Risk Management in Banks and Financial Institutions

C. Optional Functional Courses

Investment Portfolio Management Organizational Behavior and Bank LeadershipManagement Information Systems E-Banking and E-CommerceFinancial Accounting Macroeconomics Bank Accounting and Auditing Special Topics in Banking and Finance Human Resources Management in Banks Quality Assurance Systems in Banks

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3-4-5-6-7-8-9-

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1-2-3-4-5-6-7-8-9-

1-2-3-

Course Descriptions

Banking and Financial Institutions

Pre- requisite: NoneThis course provides a rigorous introduction to the workings of a modern banking system. In addition, it examines recent developments in the banking sector, with special emphasize on the international aspects of banking and practices and the tools and targets of monitory policy.

Corporate Finance

Pre- requisite: None This course analyzes corporate financial decisions. Topics include capital investment, equity and dept financing, financial structure and financial analysis, dividend policy, the market for corporate control, corporate risk management and others.

Financial Accounting

Pre- requisite: None This course provides candidates with a professional knowledge of accounting topics and an appreciation of the current theoretical issues in financial accounting. Statements of accounting standards, international accounting standards and exposure drafts are considered in this course.

Macroeconomics

Pre-requisite: None This course provides candidates with a graduate level knowledge and training in macroeconomic theory and applications. Topics include the measurement of income, aggregate demand and supply in closed and open economies, consumption behavior, investment, inflation, unemployment, economic growth and monetary and fiscal polices.

Managerial Accounting

Pre-requisite: NoneThis course provides students with traditional tools of managerial accounting, like product, costing, budgeting and performance evaluation in addition to the activity – based costing, value – chain analysis and strategic cost management .

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Managerial Economics

Pre- requisite: None This course focuses on the economics of the managerial decision process with a practical tool for problem solving. It links microeconomics concepts with quantitative methods to develop vital tools for managerial decision making to obtain optimal solutions .

E- Banking and E-Commerce

Pre- requisite: None This course provides students with a good theoretical and practical understanding of the main concept of E-Banking, and Provides them with the legal and regulatory implication of E-Commerce. In addition, it introduces a great knowledge with risks that will be presented by E- Banking and the appropriate controls to manage those risks.

Bank Accounting and Auditing

Pre- requisite: Financial AccountingThis course provides students with a professional knowledge of accounting issues related to the commercial bank statements, treasury budget preparation and control, and foreign transaction statements. The course covers professional techniques of auditing and control over banks.

Management Information Systems

Pre-requisite: None This course highlights the nature of the technological design and management aspects of information technology, expert systems, strategic information systems and technology and business process redesign are discussed.

Market Simulation

Pre- requisite: None This course outlines the various research methodologies commonly used in addressing business questions. The course covers the necessary statistical tools and techniques for analysis for research findings. In addition, experimental and quasi-experimental research design, and empirical research design are covered.

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Risk Management in Banks and Financial Institutions

Pre-requisite: Corporate Finance, Derivatives and Financial Engineering This course covers credit evaluation and control, management of loan portfolios, special credit situations such as syndicated lending and asset securitization. In addition, this course examines trading strategies and risk / return situation in rating asset / liability management and foreign exchange positions. It also covers firm value, financial operations, rating context, and various rating methods. Each of these themes is illustrated through concrete case examples.

Money and Capital Markets

Pre- requisite: Corporate Finance This course focuses on the principles and valuation techniques in money and capital markets analysis, including an overview of the investment environment and portfolio management. This course includes economic, industry and company analysis for equities as well as the analysis of bonds including price/yield relationship, duration, convexity, price volatility and others.

Derivatives and Financial Engineering

Pre- requisite: Corporate Finance This course focuses on derivative securities such as options, forwards, futures and swaps. These securities will be analyzed in terms of their uses in investment speculation and management of risk .

Financial Management and Analysis

Pre- requisite: NoneThis course focuses on the theoretical issues in financial analysis and management and the use of financial information in various settings. Some of the main topics include financial statements analysis, market response to financial information and the use of information in valuation .

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Investment Portfolio Management

Pre- requisite: Money and Capital MarketsThis course includes portfolio management policies, money and capital markets expectations, asset allocation, portfolio construction, portfolio hedging strategies, evaluation of investment performance and asset pricing models.

Multinational Financial Management

Pre- requisite: Corporate Finance This course covers the existing environment of international finance, foreign exchange, risk management, international parity conditions, forecasting, foreign direct and indirect investment and country risk analysis .

Special Topics in Banking and Finance

Pre- requisite: Corporate Finance, Money and Capital MarketsThe objective of this course is to cover specific topics in banking & finance. Example may include topics like securitization, mergers, risk management and financial institutions, foreign trade financing and others .

Human Resources Management in Banks

Pre-requisite: None This course provides students with an appropriate skills to develop an understanding of the relationship between managing human recourses and organizational effectiveness, and to gain the knowledge and tools needed to engage in high quality people management. It examines four important human resources management issues: staffing, development, reward systems and work systems. The theoretical framework of these issues will draw upon developments in the behavioral and socio-technical systems approaches to the institutional change.

Quality Assurance Systems in Banks

Pre- requisite: None This course covers principles of quality assurance, quality assurance tools, quality assurance procedures and problem solving techniques, quality control and testing and evaluation.

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Organizational Behavior and Bank Leadership

Pre – requisite: None This course examines human behavior in banks and its implications for management decisions and actions. The course explores the theory and practice of working with the managing people. Topics include motivation, learning, group dynamics, leadership, communication, organizational structure and culture.

Bank Strategic Management

Pre-requisite: None This course is designed to provide students with a comprehensive understanding of the business corporation by integrating the functional areas of business. The course covers strategic management issues and topics like techniques of industry and competitive analysis, building and defining competitive advantages, and the implementation of strategies.

Bank Marketing Management

Pre- requisite: None This course analyzes the marketing process, the environment within which it operates, institutions involved, and the functions performed. It also examines the relationships and trends in a market - based economic system. The course develops concepts and terms applied to marketing decisions from the perspective of bank manager.

Tel.: +962 6 5509222 , Fax: +962 6 5509102P.O.Box: 921951, Amman 11192 Jordan

talal abu - ghazaleh finance and banking - tag-publication

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