This course will provide a basic overview of the international banking industry. It will give participants an understanding of how banks function internationally and of the diverse products that they offer to both the retail and commercial sectors.

To ensure maximum participation, those attending will create and run a ‘virtual bank’ - The London and Isle of Man Banking Company Plc which will become the framework for the day’s learning. Individuals will be allocated management and board roles, and will assume responsibility and will take executive decisions on all aspects including strategy, recruitment, premises, systems, marketing, reporting and investor relations as well as compliance. Deposits will be taken, and loans of different types will be extended, and a balance sheet will be constructed. Capital adequacy will be assessed, profitability calculated on various bases, and the bank’s return on capital will be examined. Participants will discover for themselves how differing strategies impact a bank’s bottom line. Examples and comparisons will be taken from real life to confirm the veracity of our role play.