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
Students not enrolled in the Bachelor of Commerce or related combined Bachelor of Commerce degrees can complete a Banking major as a Table S (shared pool) option for their degree.
Commerce students can only complete a Banking major as a Table A option for their degree.
Pathway through the major
The requirements for a major in Banking are spread out over three years of the degree (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.
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 the table below.
Sample pathway - Banking major (48 credit points)
| Year | Session | Units of study | |
|---|---|---|---|
| First | Semester 1 | Core: BUSS1020 Quantitative Business Analysis; OR DATA1001 Foundations of Data Science; OR ECMT1010 Introduction to Economic Statistics; OR ENVX1002 Introduction to Statistical Methods; OR (MATH1005 Statistical Thinking with Data or MATH1015 Biostatistics) and MATH1115 Interrogating Data; OR 6 credit points of MATH coded 1000-level units including: MATH1905 Statistics (Advanced). | |
| Semester 2 | Core: BUSS1040 Economics for Business Decision Making; OR ECON1001 Introductory Microeconomics; OR ECON1002 Introductory Macroeconomics | ||
| Second | Semester 1 | Core: BANK2011 Banking and the Financial System; OR ECOS2004 Money and Banking | |
| 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 | |
* 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 S, in this handbook.
Learning Outcomes
On successful completion of the Banking major students will be able to:
| No. | Mid-Level 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 accounting at the University of Sydney, please refer to the Discipline of Finance website.