Banking and Finance, Degree

Program Standard and Course Guide

Table of Contents

ADMISSIONS

Standard Number: BFN3-02-01 (Admission Requirements)

Standard Statement

Statewide admission requirements are implemented for the Banking and Finance, Degree program.

 

Students can transfer in 15 hours from the Certified Customer Service Specialist Technical Certificate of Credit and up to 27.5 hours of AIB equivalent courses or a total of 42.5 hours of AIB courses (27.5 equivalent courses and 15 hours of elective AIB courses.)

Explanatory Comment

Admission refers to regular admission into a Degree program.

Statewide program admission requirements consider state and national occupational licensing and certifying requirements, where applicable. The institution develops and implements clearly stated Degree program admissions policies and procedures.

Admission requirements are related to the functions of the Banking and Finance profession.

Evaluative Criteria

The institution develops, implements, and publishes clearly stated Banking and Finance, Degree program admission and advanced placement policies and procedures.

The requirements for admission to the Banking and Finance, Degree program are:

1. Attainment of at least 16 years of age; 

2. achievement of minimum regular admission scores on tests of reading, language, and math as specified in GDTAE document Minimum Program Entrance Scores; and

3. completion of application and related procedures

       

Admission of transfer students to the Banking and Finance program is contingent upon their meeting the following requirements:

1. regular admission and good standing at a regionally accredited diploma or degree granting institution; and

2. proper completion of application and related procedures.

        

Standard Number: BFN3-02-04 (Provisional Admission Requirements)

Standard Statement

Statewide provisional admission requirements are implemented for the Banking and Finance, Degree program.

Explanatory Comment

Provisional admission is granted to qualified students who do not meet the regular admission requirements of the program.

Provisionally admitted students are allowed to take developmental studies courses and/or certain occupational courses as designated in the course sequence standard.

The institution develops, implements, and publishes clearly stated policies and procedures for entry into programs on a provisional basis.

Evaluative Criteria

Provisional admission to the Banking and Finance, Degree program is afforded those students who do not meet program requirements but do meet provisional admission requirements.

The requirements for provisional admission to the Banking and Finance, Degree program are:

1.  25 program credit hour limit before assigned to regular admissions status;

2.  students must enroll in Developmental Studies to meet English, Math, and /or Reading achievement levels;

3. some programs have course exceptions to these prerequisite courses.

 

All Banking and Finance, Degree program students initially admitted on a provisional basis meet regular admission requirements prior to graduation.

Provisionally admitted students whose English, math, and/or reading achievement levels do not meet regular program admission requirements are required to enroll in developmental studies courses approved by the State Board of Technical and Adult Education.

PROGRAM STRUCTURE

Standard Number: BFN3-03-02 (Program Numbering System)

Standard Statement

A Major Code of BFN3 and a CIP Code of 52.0803 are applied to the Banking and Finance, Degree program.

Explanatory Comment

Assignment of a statewide Major Code BFN3 and CIP Code 52.0803 to the Degree program is the basis from which statewide programmatic consistency is developed.

Each degree/diploma/certificate program complies with the assigned Major Code(s) established in the relevant program-specific standards of the State Board of Technical and Adult Education.

Evaluative Criteria

Each authorized degree/diploma/certificate program is assigned a Major Code and CIP Code.

Each degree/diploma/certificate program having a given Major Code is consistent with all other programs throughout the state that have the same Major Code.

Degree/diploma/certificate programs having multiple specializations are assigned a specialization Major Code for each option.

Standard Number: BFN3-03-03 (Program Consistency and Sequence)

Standard Statement

The Banking and Finance, Degree program utilizes essential course components consistent with statewide program requirements. Specific course alphanumeric identification Codes are assigned to each course. Students are required to progress through two course categories in a developmentally valid sequence.

Explanatory Comment

Programs are assigned an identical Major Code BFN3 and are consistent statewide. Each specific course is assigned an alphanumeric descriptor that serves as a statewide course identification code.

Evaluative Criteria

The Banking and Finance, Degree program is assigned a Major Code of BFN3 and utilizes essential components designated for that program number statewide. Program components include, but are not limited to:

Banking and Finance

Banking and Finance, Degree

Program Description

The Banking and Finance Programs prepare students for employment in a variety of positions in today's banking, insurance, mortgage, and financial services industries. The programs provide learning opportunities that assist and reinforce industry needs. The program emphasizes a combination of advanced Banking and Finance theory and the practical application necessary for successful employment. The program is designed for new, current, or returning students for skill and knowledge enhancement.

 

Course Code	General Core Course Name	Class Hours	D. Lab Hours	P. Lab/ OBI Hours	Weekly Contact Hours	Credit Hours
ENG 191	Composition and Rhetoric I [P] Program admission level language competency or ENG 098	5	0	0	5	5
ENG 193	Composition and Rhetoric II [P] ENG 191 with C or better	5	0	0	5	5
SPC 191	Fundamentals of Speech [P] Program admission level language competency or ENG 098	5	0	0	5	5
MAT 196	Contemporary Mathematics [P] Program admission level math achievement	5	0	0	5	5
HUM 191	Introduction to Humanities [P] ENG 191 with C or better	5	0	0	5	5
ECO 191	Principles of Economics [P] Program admission	5	0	0	5	5
OR
ECO 192	Microeconomics [P] Program admission	(5)	(0)	(0)	(5)	(5)
OR
ECO 193	Macroeconomics [P] Program admission	(5)	(0)	(0)	(5)	(5)
Course Code	Occupational Course Name	Class Hours	D. Lab Hours	P. Lab/ OBI Hours	Weekly Contact Hours	Credit Hours
ACC 101	Principles of Accounting I [P] Program admission	4	4	0	8	6
ACC 102	Principles of Accounting II [P] Program admission, ACC 101	4	4	0	8	6
ACC 106	Accounting Spreadsheet Fundamentals [P] ACC 101, BUS 101, SCT 100	1	4	0	5	3
BAF 100	Introduction To Banking and Finance [P] Program admission	5	0	0	5	5
BAF 113	Money and Banking [P] Program admission	5	0	0	5	5
BAF 114	Bank Business and Information Systems [P] MAT 111	1	4	0	5	3
BAF 115	Financial Management and Counseling [P] Program admission	4	1	0	5	4
BAF 132	Banking and Finance O.B.I. I [P] BAF 100, ENG 191, Program admission	0	0	15	15	5
OR
XXX xxx	Elective	(5)	(0)	(0)	(5)	(5)
BAF 133	Banking and Finance O.B.I. II [P] BAF 132	0	0	15	15	5
OR
XXX xxx	Elective	(5)	(0)	(0)	(5)	(5)
BAF 200	Finance [P] ACC 101	5	0	0	5	5
BAF 205	Real Estate Finance [P] Program admission	5	0	0	5	5
BAF 210	Contemporary Bank Management [P] BAF 100	5	0	0	5	5
BAF 215	Web Based Banking and Finance [P] BAF 100, SCT 100	2	4	3	5	5
BUS 101	Keyboarding/Beginning Document Processing [P] Provisional admission	1	9	0	10	5
MKT 103	Business Law [P] Provisional admission	5	0	0	5	5
MKT 106	Fundamentals of Selling [P] Provisional admission	5	0	0	5	5
SCT 100	Introduction to Microcomputers [P] Provisional admission	1	4	0	5	3
Students can transfer in up to 15 hours from the Certified Customer Service Specialist CCSS TCC and or AIB courses

Program Final Exit Point

Banking and Finance, Degree

110 minimum quarter hours credit required for graduation

APPENDIX A

Department of Technical and Adult Education

Banking and Finance Degree & Diploma

 

Students who have completed one or more of the AIB classes listed below may transfer into the program and will not be required to take the applicable DTAE course.  However, it will be required that any credit differentials be made up to meet minimum credit hours for the program.

 

AIB Course	Credit	DTAE Course	Credit Hours
AIB 166 – Principles of Banking & Finance	4	BAF 100 – Introduction to Banking & Finance BAF 113 – Money and Banking	5 4
AIB 104 – Accounting II	4	ACC 102 -  Principles of Accounting II	4
AIB 184 – Marketing for Bankers	4.5	MKT 106 -  Fundamentals of Selling	5
AIB 124 – Law and Banking	4	MKT 103 – Business Law	5
AIB 100 – Introduction to Commercial Banking Lending	3	BAF 210  - Contemporary Bank  Management	5
AIB 168 – Management of Commercial Bank Fundamentals	4	BAF 210 Contemporary Bank Management	5

Accreditation and Certification

The Banking and Finance, Degree program must conform to the institutional accreditation requirements of the Council on Occupational Education (COE) or the Southern Association of Colleges and Schools Commission on Colleges (COC).

APPENDIX B

General Information

 

Banking and Finance, Degree Program Curriculum Model

Suggested Course Sequence

The standard curriculum for the Banking and Finance, Degree program is set up on the quarter system. A suggested sequence for the program is given below with area of specialization. Technical colleges may implement the Banking and Finance, Degree program by using the sequence listed below or by using a locally developed sequence designed to reflect course prerequisites and/or corequisites.

Suggested Sequence I

First Quarter

Course Code	Course Name	Class Hours	D. Lab Hours	P. Lab/ OBI Hours	Weekly Contact Hours	Credit Hours
ENG 191	Composition and Rhetoric I	5	0	0	5	5
ACC 101	Principles of Accounting I	4	4	0	8	6
BAF 100	Introduction to Banking and Finance	5	0	0	5	5
MAT 196	Contemporary Mathematics	5	0	0	5	5
TOTAL		19	4	0	23	21

Second Quarter

Course Code	Course Name	Class Hours	D. Lab Hours	P. Lab/ OBI Hours	Weekly Contact Hours	Credit Hours
ACC 102	Principles of Accounting II	4	4	0	8	6
BUS 101	Keyboarding/Beginning Document Processing	1	9	0	10	5
ENG 193	Composition and Rhetoric II	5	0	0	5	5
HUM 191	Introduction to Humanities	5	0	0	5	5
TOTAL		15	13	0	28	21

 

Third Quarter

Course Code	Course Name	Class Hours	D. Lab Hours	P. Lab/ OBI Hours	Weekly Contact Hours	Credit Hours
ECO 191	Principles of Economics	5	0	0	5	5
	OR
ECO 192	Microeconomics	(5)	(0)	(0)	(5)	(5)
	OR
ECO 193	Macroeconomics	(5)	(0)	(0)	(5)	(5)
SCT 100	Introduction to Microcomputers	1	4	0	5	3
MKT 106	Fundamentals of Selling	5	0	0	5	5
BAF 200	Finance	5	0	0	5	5
TOTAL		16	4	0	20	18

 

Fourth Quarter

Course Code	Course Name	Class Hours	D. Lab Hours	P. Lab/ OBI Hours	Weekly Contact Hours	Credit Hours
BAF 113	Money and Banking	5	0	0	5	5
ACC 106	Accounting Spreadsheet Fundamentals	1	4	0	5	3
BAF 114	Bank Business and Information Systems	1	4	0	5	3
BAF 215	Web-Based Banking and Finance	2	4	3	5	5
TOTAL		9	12	3	20	16

 

Fifth Quarter

Course Code	Course Name	Class Hours	D. Lab Hours	P. Lab/ OBI Hours	Weekly Contact Hours	Credit Hours
BAF 115	Financial Management and Counseling	4	1	0	5	4
MKT 103	Business Law	5	0	0	5	5
BAF 205	Real Estate Finance	5	0	0	5	5
SPC 191	Fundamentals of Speech	5	0	0	5	5
TOTAL		19	1	0	20	19

 

Sixth Quarter

Course Code	Course Name	Class Hours	D. Lab Hours	P. Lab/ OBI Hours	Weekly Contact Hours	Credit Hours
BAF 210	Contemporary Bank Management	5	0	0	5	5
BAF 132	Banking and Finance O.B.I. I	0	0	15	15	5
	OR
XXX xxx	Elective	(5)	(0)	(0)	(5)	(5)
BAF 133	Banking and Finance O.B.I. II	0	0	15	15	5
	OR
XXX xxx	Elective	(10)	(0)	(0)	(10)	(10)
TOTAL		5	0	30	35	15

  

APPENDIX C

 

Suggested Equipment List

 

Hewlett-Packard Financial Calculator