Banking
Banking is offered by the Discipline of Finance in the University of Sydney Business School which is a leading research group consistently ranked among the top finance groups in the Asia-Pacific region. Study in banking takes an applied approach, teaching students the diverse roles of banks within a dynamic financial system, the management and regulation of banks in the domestic and international contexts and the activities of private and investment banks.
Options for studying Banking
Banking is available as a Table A major option in the Bachelor of Commerce, the Bachelor of Commerce and Bachelor of Advanced Studies, Bachelor of Commerce and Bachelor of Laws, the Bachelor of Engineering (Honours) and Bachelor of Commerce and the Bachelor of Advanced Computing and Bachelor of Commerce.
The Banking major is also available to students not enrolled in a Commerce degree through the shared pool (Table S) - see the Interdisciplinary Studies Handbook for details.
Pathway through the major
The requirements for a major in Banking are spread out over three years of the degree (possibly four years if students are completing a combined Bachelor of Advanced Studies degree).
To achieve a major in Banking, students must complete 48 credit points comprising:
- 12 credit points of 1000-level core units of study;
- 12 credit points of 2000-level core units of study;
- 12 credit points of 3000-level core units of study; and
- 12 credit points of 3000-level selective units of study.
A sample pathway for the Banking major (over three years of a degree) is listed below.
Note: All units listed are worth 6 credit points unless otherwise indicated.
Please Note. This sample progression is meant as an example only. Depending on unit prerequisites, students may be able to complete these units in a different sequence to that displayed in this table.
| Year | Session | Units of study | |
|---|---|---|---|
| First | Semester 1 | Core: BUSS1020 Quantitative Business Analysis * | |
| Semester 2 | Core: BUSS1040 Economics for Business Decision Making | ||
| Second | Semester 1 | Core: BANK2011 Banking and the Financial System | |
| Semester 2 | Core: FINC2011 Corporate Finance I | ||
| Third | Semester 1 | Core: BANK3011 Bank Financial Management | Selective: 3000-level unit listed for major |
| Semester 2 | Core: BANK3600 Banking in Practice ** | Selective: 3000-level unit listed for major | |
* This unit is also degree core for the Bachelor of Commerce and related combined degrees.
** Capstone unit for the major – completed in the final semester of study for that major. This unit of study must be completed at the University of Sydney Business School.
For details of the core and selective units of study required for the major please refer to the Banking section of the unit of study table Table A, in this handbook.
Students can also refer to the University's Current Students website for progression examples for specific major/minor combinations for their degree.
Learning Outcomes
On successful completion of the Banking major students will be able to:
| No. | Major Learning Outcome |
|---|---|
| 1 | Analyse authentic challenges in macro and micro economics contexts by applying fundamental concepts, principles and knowledge from the field of banking. |
| 2 | Evaluate empirical data to test hypotheses and assess implications for various business contexts. |
| 3 | Analyse complex and authentic problems in banking by utilising relevant analytical tools, technologies, and quantitative or qualitative methods. |
| 4 | Integrate knowledge of economics, accounting, quantitative analysis and finance in banking decisions. |
| 5 | Assess the role of governments and central banks in the banking sector and the challenges they face. |
| 6 | Critically evaluate and synthesise information from diverse information sources including academic research to assist decision-making in banking. |
| 7 | Effectively communicate and collaborate with others from diverse cultural backgrounds by applying Professional Standards of Practice and ethical practice. |
| 8 | Recommend appropriate approaches, strategies, tools and techniques to effectively manage financial and bank risks. |
Further information
For further information regarding study in banking at the University of Sydney, please refer to the Discipline of Finance website.