International Business- Concentration in Banking (Bachelor)

International banking is a key component of the global economy.  It is the central flow of capital around the world through the provision of loans, the supply of financial advice, and its involvement in securities and markets. The role of banks has been and continues to be shaped by a number of megatrends: the globalization of financial markets, the rise of nonbank competitors, the ongoing evolution and implementation of new technologies, and deregulation/ disintermediation. Banks have opted to go international to extend their business across national boundaries in search of new customers and profits.  Globalization and technological advances have opened the door to new challenges in a market where countries and corporations have become dependent on international capital markets for credit. Change forces banks to be more innovative as they reconsider traditional ways of competing and commit to finding new solutions as challenges arise.

Basic skills and a proper foundation are provided with exposure in various departments, to succeed in the industry. For middle and upper management positions, the MBA program is strongly recommended to acquire and strengthen management and leadership skills. Students receive thorough grounding in the role and function of money and banking in an industrialized modern economy. There is emphasis put on obligations under the banking contract, the rules of agency and the banker in tort. In depth understanding regarding the legal status of the banks' various customers, guarantees and security, and an emphasis on the banker's need for conversancy with Final Accounts. Compare European and American banking systems, credit institutions, commercial banks, investment banks; the role of government in European financial transactions; instruments and methods of European banks and European Union transactions; Euro-dollars; role of governments in currency fluctuation.  Study the economics of money and banking combining theory with analysis of banking and financial markets, while earning an accredited degree from Schiller Online.

Familiarize yourself with the foreign exchange system, IMF obligations of the Member States, analysis of a bank's financial statement, asset and liability management, project finance, securitization, risks, derivatives and swaps, bonds market, commodity exchanges, the European Monetary System, and e-commerce banking.  Present day banking professionals need to be tech savvy, skill oriented, and be able to understand the world economy. They also need to market services to foreign markets, build alliances with institutions in new markets, and develop secure e-banking service systems.  Loan Officer, Stock Broker, Investment Analyst, Branch Manager, Personal Banker, Fraud Prevention Manager and Foreign Exchange Manager are all potential career opportunities in the banking field that Schiller Online will thoroughly prepare you for.