Degrees

BANKING CONCENTRATION
Associate in Science Degree

• Objectives
• Degree Information
• Recommended Course of Study
• Course Descriptions

Objectives:

Banking students will:

1. Understand the operating philosophy, functions, and organization of community-based banking in contemporary America.
2. Learn the Uniform Commercial Code and specific regulatory and legal statutes that govern a bank’s relationship with individual customers.
3. Understand fully the principles and practices underlying consumer and commercial lending, investing, and the creation of trusts.
4. Become aware of the mechanism the banking industry has devised to move deposits from both individual clients and the Federal Reserve branches through the document-clearing cycle.
5. Become familiar with fundamental management and marketing theory and its application to banking.
6. Learn fundamental accounting theory and how it is applied in the preparation and analysis of financial statements.
7. Grasp contemporary computer technology as it may be applied in various bank functions and offices.
8. Gain deeper knowledge of macro economic theory and how the business cycle drives interest rates, investment decisions, and related bank operations.
9. Broaden their understanding and appreciation of the liberal arts, including oral and written communications, history, psychology, science, and philosophy.

Degree Information

Lackawanna College has agreed to host the course offerings of the Pennsylvania Bankers Association Professional Development Network.  To better serve the needs of the Chapter, an Associate in Science degree with a major in Banking is offered to PBAPDN students.  The general education requirements are comparable to those found in other curricula.  However, the specialized professional banking courses are available only in the evening as joint offerings of the Bankers Association and the College.  Although designed primarily for members of the Association, these courses may be available to others by special arrangment.

Because the specialized banking courses are offered jointly with the PBAPDN, Lackawanna College schedules such courses in sequence according to enrollment.  Successful completion of this program's coursework greatly enhances a bank employee's professional knowledge and potential for advancement. 

Recommended Course of Study

* Developmental courses may be required as prerequisites

**Courses listed in blue are decribed below.  Other course descriptions are listed with Core Requirements

Course Descriptions

BNK 105 (Formerly BA 101) - Principles of Banking

The foundation for most other PBAPDN courses, this course looks at nearly every aspect of banking. Providing a comprehensive introduction to the diversified services offered by the banking industry today, it is essential for most new banking personnel. It includes coverage of topics such as the history of banking, check processing, collection functions, bank bookkeeping, loans and investments, trust services and the security functions of the bank (3 Credits).  Click here to view course objectives.

BNK 108 (Formerly BA 102) - Law and Banking I: Principles

This course is a banker's guide to law and legal issues with special emphasis on the Uniform Commercial Code. The course includes up-to-date summaries of the laws pertaining to contracts, real estate and bankruptcy (3 Credits).  Click here to view course objectives.

BNK 112 (Formerly BA 103) - Marketing for Bankers

This course provides the answer to the question: What is marketing? It makes the process understandable to anyone wishing to market banking products successfully (3 Credits).  Click here to view course objectives.

BNK 118 (Formerly BA 114) - Money and Banking

Money and Banking is a fundamental treatment of the banker's stock in trade -- money -- and how it functions in the U.S. and world economies. This course explores money as a medium of exchange, introduces the concept of money supply and examines the role of banks as money creators and participants in the nation's payment mechanics (3 Credits).

BNK 205 (Formerly BA 105) - Analyzing Financial Statements

The purpose of this course is to teach the basic skills of financial analysis to the prospective bank lender/credit analyst who is already familiar with fundamental accounting procedures and practices (3 Credits). Prerequisite: ACC 105 - Recommended: ACC 110.  Click here to view course objectives.

BA 107 - Consumer Lending

This course is designed to give a better understanding of consumer credit operations.   It surveys credit risk evaluation, setting policy, handling the loan from application through documentation, and closing (3 Credits).   Click here to view BA 107 course objectives.

BA 108 - Introduction to Commercial Lending

This course is a comprehensive treatment of commercial lending designed for entry-level commercial loan officers. It includes the analytical aspects of commercial lending, the commercial lending customer, products, pricing, support, documentation and analysis (3 Credits).   Click here to view BA 108 course objectives.

BNK 122 (Formerly BA 110) - Trust Operations

This course provides an overview of a trust institution’s operations, the products and services associated with the operations of a trust institution, and how trust operations professionals can help their associates and customers both potential and existing (3 Credits).   Click here to view course objectives.

BNK 207 (Formerly BA 113) - Law and Banking II: Applications

This course is an introduction to laws pertaining to secured transactions, letters of credit and the bank collection process. Law and Banking II also discusses check losses and a broad range of legal issues related to processing checks (3 Credits). Prerequisite: BNK 108   Click here to view course objectives.

BNK 118 (Formerly BA 114) - Money and Banking

Money and Banking is a fundamental treatment of the banker's stock in trade -- money -- and how it functions in the U.S. and world economies. This course explores money as a medium of exchange, introduces the concept of money supply and examines the role of banks as money creators and participants in the nation's payment mechanics (3 Credits).   Click here to view course objectives.

BNK 215 (Formerly BA 107) - Consumer Lending

This course is designed to give a better understanding of consumer credit operations. It surveys credit risk evaluation, setting policy, handling the loan from application through documentation, and closing (3 Credits).

BNK 217 (Formerly BA 108) - Introduction to Commercial Lending

This course is a comprehensive treatment of commercial lending designed for entry-level commercial loan officers. It includes the analytical aspects of commercial lending, the commercial lending customer, products, pricing, support, documentation and analysis (3 Credits).

BNK 225 (Formerly BA 116) - Trust Basics

This course provides you with an overview of the trust department in a commercial bank, including how it fits into the bank's overall operations, the services it provides, and generally how those services are delivered for the non-trust bank personnel. (3 Credits).  Click here to view course objectives.

BNK 142 (Formerly BA 121) - Introduction to Mortgage Lending

This course presents an overview of the rapidly changing field of residential mortgage lending, including the mortgage loan origination process, the technical terms used in mortgage loan origination and processing, and government regulations and compliance issues (3 Credits.)   Click here to view course objectives.

BNK 220 (Formerly BA 122) - Deposit Operations

This course provides an overview of the U.S. payment system, banking law and regulation, and current industry practices. It examines bank deposit-taking activities, considers how banks manage deposited funds and explores interbank EFT systems (3 Credits).   Click here to view course objectives.