The American Institute of Banking

The American Institute of Banking (AIB), in cooperation with the Continuing Education, offers an Associate of Science degree in banking. Area participants enjoy a special advantage in the AIB's close relationship with the University of Evansville. Since 1953, the University has awarded regular academic credit for all AIB classes. This degree educates students to assume leadership positions in the banking and financial industry. The A.S. degree has three major areas: General Education courses, business courses and AIB courses.

The courses may be applied to the associate degree AIB requirements. The AIB courses may also be applied to all AIB diploma and certificate programs, an educational division of the American Bankers Association.

For additional information contact Continuing Education at 812-488-2981 or email cce@evansville.edu

Associate of Science in Banking (65 hours)

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*May use AIB general education courses when approved.

Bachelor of Science

The AIB related Associate of Science degree may be expanded to a Bachelor of Science through the Individualized Study program.

Course Descriptions

Software Applications 110(3) An introduction to computers and information processing. This course exposes students to current software applications in word processing, spreadsheets and data bases, with balanced emphasis given to each area. Additional topics include presentation software, introduction to the Internet and Windows. Course readings include a beginner's background in general computer literacy.

Writing 104 Exposition(3) Focuses on writing skills, plus the larger elements of the expository essay: the development of a central thesis, the organization of material and the responsible use of supporting detail.

Mathematics 105 College Algebra(3) Treats properties of linear, quadratic, polynomial, exponential and logarithmic functions, inequalities and systems of equations. Develops critical thinking and emphasizes real-world applications in the sciences and topical issues. Background should include three semesters of high school algebra.

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AIB 201 Accounting Basics (3) Provides a comprehensive understanding and practical application of current accounting principles, procedures and practices through analysis of business decisions and coverage of the latest accounting standards.

AIB 202 Accounting I (3) Builds upon the foundation acquired in Accounting Basics and delves into the full accounting cycle. Preparation of all required journals, entries and adjustments including coverage of the latest principles set by the Financial Accounting Standards Board.

Economics 101 Principles of Macroeconomics (3) Macroeconomics is a social science that studies the determination of national income and the dynamic forces that change society's material well-being. This course focuses on theory and evidence concerning the general level of employment, production and prices. Particular attention is devoted to government fiscal and monetary policies and their impact on the economic system. Topics include an introduction to money and the financial sector as well as the role of the international sector. As part of the University's general education program, this course includes historical and global perspectives of social changes that have shaped modern economic thought. Required reading includes excerpts from Adam Smith's Wealth of Nations.

Economics 102 Principles of Microeconomics (3) Markets are among the oldest social institutions known to man. Microeconomics is a social science that studies the dynamics of individual markets and prices. This course focuses on the behavior of producers and consumers and the interdependence in the market process. It pays particular attention to the structure and evolution of competitive markets. As part of the University's general education program, this course includes historical and global perspectives of social changes that have shaped modern economic thought. Required reading includes excerpts from Adam Smith's Wealth of Nations.

AIB 100 Economics for Bankers (3) Provides bankers with an introduction to the fundamental principles of economics. Special emphasis is placed on macroeconomics and topics of importance to bankers. The course covers the basics of economic theory and examples of the application of economics to banking.

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Finance 361 Fundamentals of Finance (3) Introduces the core principles of time value of money, risk return analysis, financial forecasting and security valuation. The foundations of capital budgeting techniques, cash flow estimation, taxation and depreciation methods are analyzed. Prerequisites: AIB 201, ECON 102.

Finance 362 Corporate Financial Policy (3) Examines the capital budgeting, financing, dividend policy and working capital decisions of value-maximizing firms with use of case studies. Prerequisite: FIN 361.

Law 201 Legal Environment of Business (3) Introduces principles of law and mechanics of the legal system. Provides a broad introduction to legal concepts and statutes that affect businesses and managerial decision making.

Management 300 Principles of Management (3) Analyzes functions of management: planning, organizing, staffing, directing and controlling. Examines evolution from scientific management to contingency/systems management by presenting the functions of management, their purposes, activities and interactions.

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AIB 120 Principles of Banking (2) The foundation for most other AIB courses, this course touches on nearly every aspect of banking from the fundamentals of negotiable instruments to contemporary issues and developments within the industry. Includes material explaining full-service commercial banking as it affects the economy, the community, business and the individual.

AIB 230 Marketing for Bankers (3) Looks at what motivates customers to purchase financial services and teaches bankers how to develop a successful marketing plan.

AIB 204 Analyzing Financial Statements (3) A practical introduction to financial analysis from the viewpoint of the commercial loan officer, this course gives you the skills you need to effectively assess a borrower's ability to repay loans.

AIB 206 Bank Cards (3) Provides students with a behind-the-scenes look at the complex network of people, equipment and technology that supports the use of this simple plastic device.

AIB 208 Bank Investments and Funds Management (3) Provides an introduction to the fundamental concepts and strategies of investment account management within the broader context of the overall management of bank funds.

AIB 222 Consumer Lending (3) Provides an up-to-date, insider's view of consumer lending. Offers essential information about the maze of regulations that governs credit practices and reviews loan processing, cross-selling and collections.

AIB 226 Commercial Lending (3) Provides a conceptual framework for the study of commercial lending. Focuses on how the commercial lending business is organized, how it contributes to bank profitability and the total commercial lending process.

AIB 232 Law and Banking Principles (3) A banker's guide to law and legal issues, with special emphasis on the Uniform Commercial Code. Students will learn to identify the sources and applications of banking law, distinguish between torts and crimes and how they relate to banking situations, explain contracts, including the need for legal capacity, legal objective, mutual assent and consideration, describe real and personal properties and their application to banking, discuss how bankruptcy affects banks and differentiate between the liquidation and rehabilitation goals of the Bankruptcy Code, and identify the legal implications of consumer lending.

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AIB 234 Law and Banking: Applications (3) An introduction to laws pertaining to secured transactions, letters of credit and the bank collection process.

AIB 236 Real Estate Finance (3) Provides a background in the varied real estate mortgage credit operations of commercial banks. Addresses the manner in which funds are channeled into mortgage markets, the financing of residential and income producing property, and administrative tasks common to most mortgage departments.

AIB 238 Securities Processing (3) Emphasizes the operational aspects of processing various securities and administering consumer and corporate trust accounts. Skills development is a vital ingredient in the presentation, alerting students to the need to perform specific securities processing activities with care and accuracy.

AIB 242 Statement Analysis (3) The industry standard for training credit officers in financial statement analysis. The program prepares students to create statement spreadsheets, calculate and interpret ratios, interpret balance sheets, income statements, net worth reconciliations, funds flow and cash flow statements, pro forma statements, and cash forecasts, outline credit cases, produce credit decisions and recommendations, and prepare funds flow and cash flow statements.

AIB 244 Supervision (3) Helps new and potential supervisors become better managers by developing the broad perspectives and fresh insights into interpersonal relations required by today's successful managers.

AIB 246 Trust Business (3) Provides an overview of the trust department including how it fits into the bank's overall operations, the services it provides and generally how those services are delivered.

AIB 252 Trust Operations (3) In addition to providing the student with basic trust terminology, this course discusses the concepts and ideas that compose the various trust functions and translates them into workable procedures. Students will be able to describe the types of securities handled by a trust department, the kinds of investments typically made with trust account assets, why securities are owned and how they are traded.

AIB 254 Deposit Operations (3) Provides an overview of the U.S. payments system, banking law and regulation, and current industry practices. Examines bank deposit-taking activities, considers how banks manage deposited funds and explores the interbank EFT systems.

AIB 258 Corporate Securities Services (3) Provides a broad understanding of corporate securities processing and administration. Describes how a bank's corporate securities services department serves as anintermediary between corporations, states, municipalities, investors and public authorities that issue securities. It also describes the features, benefits and users of corporate securities products and services, and emphasizes development of operational skills necessary to deliver corporate products and services.

AIB 290 Flexible Credit for Various Seminars (1-3)

AIB 365 Money and Banking (3) This revised course takes an in-depth look at money and the world of banking that creates it and through which it flows. Examined are the tools of monetary and fiscal policy, the impact of monetary policy on the banking system and the monetary theory. Trends in banking as it moves into the 21st century and international banking are also addressed.

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