Banks and financial institutions have come to highly value graduates from tertiary institutions. Career progression within this sector is more realistic for Banking graduates. Studying Banking will require you to consider the nature and legal implications of the banker/customer relationship.
You will be exposed to the issues that exist between the borrower and the lender, and the need to design contracts that reveal and monitor the quality of the borrower. The high debt that financial institutions have in their capital structure, the interest sensitivity of their assets and the liquidity that depositors demand result in unique interest, credit and liquidity risk management issues. Government regulation and directives further complicate these issues. If you want a career with a financial institution, you will benefit from this major.
The aim of the Honours year is to extend your grasp of the principles and practice of the subject, to develop ability for independent research, and to facilitate your entry into industry employment. An Honours qualification is normally required for admission to higher research degree study.
