Financial and Banking English

Module 1
INTRODUCTION
BASIC TERMS
• Money and income: What is currency and what do personal finances consist of?
• Business Finance: What is capital and revenue? What are financial statements?

Module 2
ACCOUNTING
• Accounting and accountancy: What is accounting and auditing? What are the laws, rules and standards abroad that are applied in accounting?
• Company Law: What are partnerships and limited liabilities? How are companies founded? What is a public and private company?
• Depreciation and Amortization: What are assets, fixed assets and valuation? What are the most common depreciation systems that exist?
• Auditing: What is internal and external auditing?
• The balance sheet: What does a balance sheet consist of?
• Shareholders’ equity: What does it consist of?
• Financial Ratios: What kind of financial ratios are there and what formulas are applied in order to calculate them?
• Cost accounting: What are direct, indirect costs, fixed and variable costs?

Module 3
BANKING
• Personal banking: What does it consist of? What are the products and services offered and what kinds of accounts are handled in it? How does E-banking work?
• Commercial and retail banking: What is a commercial and retail bank and what functions does it provide? What is a credit and how do banks handle it? How do banks grant loans and how do they measure the risk involved?
• Investment banking: What are the functions of investment banks? What are mergers and acquisitions?
• Central banking: What are the functions of central banks and what relationship is there between central banks and the exchange rates?
• Financial institutions: What types of financial institutions are there and what services do they provide?

Module 4
CORPORATE FINANCE
• Stocks and shares: What are they and what importance do they have? What are ordinary and preference shares? How are shares bought, sold and how are new shares issued?
• Shareholders: What are they and what kind of investors are there in the stock market? What is a speculator?
• Share prices: What do share prices depend on? What hypothesis are employed in order to predict prices?
• Bonds: What are bonds and what kind of bonds are there?
• Futures: What are they and what types of futures are there in the stock market?
• Hedge funds and structured products: What are they, who handles them and how are they used?
• Financial instruments: What are they and what specific function does each one provide?
• Mergers and takeovers: What are they and how do they work? What is a joint venture?
• Leveraged buyouts: What is a leveraged buyout and how does it function?

Modulo 5
ECONOMICS AND TRADE
• International trade: What importance does it have in the global market?
• Exchange rates: What are exchange rates and what kind of exchange rates are there?
• Incoterms: What are incoterms and what types of incoterms are there?
• Taxation: What is taxation and what kinds of taxes are there?