IBSL New Syllubus

Curriculum 2023
IBSL Professional
Programme
INSTITUTE OF BANKERS OF SRI LANKA

Empowering Future Generations with Knowledge and
Skills to lead a commanding career in Banking and Finance.
INSTITUTE OF BANKERS OF SRI LANKA
(IBSL)
Empowering Future Generations with Knowledge and Skills to Lead a Commanding Career in Banking
and Finance.
IBSL Professional Programme:
Diploma in Banking and Finance (DBF)

and
Higher Diploma in Banking and Finance (HDBF)
Curriculum 2023
Curriculum 2023 - IBSL Professional Programme I

© Copyright Reserved.
All rights reserved, including the right to reproduce this book or portions thereof in any form whatsoever without
the prior written permission of the Institute of Bankers of Sri Lanka, 80A, Elvitigala Mawatha, Colombo 08, Sri Lanka.
Published by:
Institute of Bankers of Sri Lanka (IBSL)
80 A, Elvitigala Mawatha,
Colombo - 08
Sri Lanka
II Institute of Bankers of Sri Lanka

Welcome to the professional education world with the
Institute of Bankers of Sri Lanka (IBSL), the premier and
leading institution in Sri Lanka for providing qualifications
at international standards and opportunities to enhance
knowledge and skills in Banking and Finance.
Curriculum 2023 - IBSL Professional Programme III

The IBSL Governing Board
Chairperson
Mrs. T. M. J. Y. P. Fernando
Senior Deputy Governor – Central Bank of Sri Lanka
Vice Chairman
Mr. A. A. M. Thassim
Assistant Governor - Central Bank of Sri Lanka
Board Member Alternate
Mr. W. P. R. P. H. Fonseka Mr. H. P. K. Silva

General Manager Deputy General Manager (Branch Operations)
Bank of Ceylon Bank of Ceylon
No. 01, Bank of Ceylon Mawatha No. 01, Bank of Ceylon Mawatha
Colombo 01. Colombo 01.
Mr. Clive Fonseka Mr. Rohan Pathirage

Acting CEO/General Manager Senior Deputy General Manager
Peoples Bank (Transaction Banking & Overseas)
75, Sir Chittampalam A. Gardiner Mawatha, Customer Services Peoples Bank
Colombo 02. 75, Sir Chittampalam A. Gardiner Mawatha
Colombo 02.
Mr. M P A W Peiris Mr. K. Raveendran

General Manager / CEO Senior Deputy General Manager
National Savings Bank National Savings Bank
255, Galle Road, 255, Galle Road,
Mr. Nanda Fernando Dr. Lalith Weragoda

Managing Director Chief Human Resource Officer
Sampath Bank PLC Sampath Bank PLC
No. 110, Sir James Peiris Mawatha No. 110, Sir James Peiris Mawatha
Mr. R. M. N. Jeewantha
Deputy General Manager
(International, Treasury, and Investment)
Bank of Ceylon
No. 01, Bank of Ceylon Mawatha
Colombo 01.
Ms. Roshini Wijerathne Mrs. Nipunika Wijayaratne

Deputy General Manager Deputy General Manager
(Risk Management) (Banking Support Services)
People’s Bank People’s Bank
75, Sir Chittampalam A Gardiner Mawatha 75, Sir Chittampalam A Gardiner Mawatha
Ms. Champika Dodanwela

Chief Financial Officer
Seylan Bank PLC, Seylan Towers
90, Galle Road
Colombo 03.
IV Institute of Bankers of Sri Lanka

Members Appointed out of Fellows/Associates of IBSL
Ms. Shashi Kandambi Jassim

Senior Deputy General Manager - International Banking
Sampath Bank PLC
110, Sir James Pieris Mawatha
Colombo 02.
Mr. A. M. M. S. M. Ruwais
Senior Manager - Audit
Peoples’ Bank
Peoples’ Leasing Building
No. 07, Havelock Road
Colombo 05.
Ms. Tamara Perera

Assistant General Manager (Training & Development)
Bank of Ceylon
No. 01, Bank of Ceylon Mawatha
Colombo 01.
Curriculum 2023 - IBSL Professional Programme V

THE ACADEMIC COUNCIL
Category Name
Mr. C. P. A. Karunatilake
Chairman of the Academic
Director General
Council
Institute of Bankers of Sri Lanka
Ms. S H M M P Herath
Assistant General Manager (Offshore Banking)
Bank of Ceylon
Representatives from the
State Banks: Mr. Rohan Pathirage
Senior Deputy General Manager
Bank of Ceylon (Transaction Banking & Overseas Customer Services)
Peoples Bank Peoples Bank
National Savings Bank
Ms. C. S. Jesudian
Former Deputy General Manager (Credit/International)
National Savings Bank
Mr. Naleen Edirisinghe

Chief Executive Officer
Representatives from Pan Asia Banking Corporation PLC
Private Sector Banks Mr. Dilshan Rodrigo
Chief Operating Officer
Hatton National Bank PLC
Prof. Hilary Silva

Professor in Accounting
Department of Accountancy
University of Sri Jayewardenepura
Prof. Tilak P D Gamage

Senior Members from the Director
Academia Quality Assurance Council
University Grants Commission - Sri Lanka
Dr. Ruwani Fernando

Senior Lecturer
Department of Finance
University of Kelaniya
Mr. B. A. H. S. Preena
Representative from the
Assistant General Manager
Association of Professional
Corporate Banking
Bankers
Commercial Bank of Ceylon PLC
VI Institute of Bankers of Sri Lanka

MESSAGE FROM THE CHAIRPERSON
It gives me great pleasure as the Chairperson of the Institute of
Bankers of Sri Lanka (IBSL) to introduce the new syllabus of the
Professional Programme of IBSL which has been revamped to
incorporate the new developments in the theory and practice
pertaining to the Banking and Finance Industry.
In a highly digitized business environment that prevails today, all

business industries are faced with immense challenges to sustain
and thrive in their businesses and this is no exception for the banking
and finance industry.
In this context, it is imperative for professionals in the banking and

finance industry to acquire the relevant skills, competencies, and
attitudes to excel in their profession. Considering this ever-changing
landscape of the banking and finance industry, the IBSL deemed it crucial to incorporate these new
developments into its flagship professional programme to equip those employed in the banking
and finance industry as well as those who aspire to get into this prospective industry with the
necessary technical competencies and skills.
Keeping that in mind, the syllabus revision process was carried out in a systematic way and
entrusted to a team of highly qualified and experienced resource persons in the banking and
finance industry as well as academia to ensure the quality and relevance of the syllabus. Further,
in developing the new syllabus, the views of our stakeholders were taken into careful consideration
through an intensive interactive process.
This revised syllabus involves significant improvements with respect to the contents, delivery, and
assessments to reflect student-centered, outcome-based education. The inclusion of subjects
on areas such as IT, Digital Banking, Corporate Governance & Ethics, Risk Management, and IS
Security are some of the highlights of this new syllabus. Also, a skills-based module on ‘Business
Communication’ has been introduced with the intention of improving the soft skills of students
which will be beneficial for their studies as well as for carrying out their duties at their workplaces.
Further, once a student completes this professional programme it opens up several avenues for
further studies as well as career progression in this industry.
I take this opportunity to express my sincere gratitude to the members of the academic council
and all the resource persons who contributed immensely with their professional knowledge and
experience in completing this project successfully.
At this landmark juncture of launching the new syllabus, I would like to invite professionals in the
banking and finance industry who seek to further enhance their competencies as well as those who
aspire to build a career in this prestigious industry to join hands with IBSL to nurture a promising
professional career in the banking and finance industry.
T M J Y P Fernando
Chairperson
Institute of Bankers of Sri Lanka
Senior Deputy Governor
Central Bank of Sri Lanka
Curriculum 2023 - IBSL Professional Programme VII

CONTENTS PAGE NO.
1. About the Institute of Bankers of Sri Lanka (IBSL)..............................................................................01
2. Introduction to IBSL Professional Programme........................................................................ 02 - 04
3. Details of the IBSL Professional Programme............................................................................ 05 - 06
4. Transitional Arrangements.................................................................................................................. 07 - 08
5. Career Development Path of IBSL.............................................................................................................. 09
6. Action Verbs Checklist................................................................................................................................ 10 - 11
7. Detailed Syllabi of the Diploma in Banking & Finance (DBF)........................................ 12 – 80
8. Detailed Syllabi of the Higher Diploma in Banking & Finance (HDBF).................... 81- 136
9. Memberships of IBSL.......................................................................................................................................... 137
VIII Institute of Bankers of Sri Lanka

1. ABOUT THE INSTITUTE OF BANKERS OF SRI LANKA (IBSL)
The Institute of Bankers of Sri Lanka (IBSL) is the premier and leading institution established with
the primary objective of providing instructions and training for employees of banking and finance
institutions and those who aspire to build a career in the banking and finance industry to enhance
their competencies to thrive in this prestigious industry.
With a proud history of more than half a century since its inception in 1964 as the “Bankers Training
Institute (BTI)” and subsequent graduation as a statutory body by the Parliamentary Act of the
“Institute of Bankers of Sri Lanka (Incorporation) Act No. 26 of 1979, the IBSL has progressed to
having a student strength of nearly 100,000 and members of more than 9,000 serving the nation in
different capacities.
IBSL has always been agile and dynamic in discharging its duties for the benefit of all stakeholders
and the nation at large. In this spirit, through continuous revisions to the curriculum of the
professional programme, IBSL strives to keep abreast with the scope of the changing landscape
of the banking and finance industry. Further, by opening opportunities for school leavers to follow
the Professional Programme, IBSL enables them to seek employment opportunities in the banking
and financial services industry or in any other industry to handle banking and financial operations.
Along with this initiative, the IBSL offered accreditations to selected educational institutes to
conduct lectures island-wide to facilitate aspirants to study and prepare for examinations.
The IBSL is managed and guided by the Governing Board comprising of distinguished personalities
representing the Central Bank of Sri Lanka (CBSL), Licensed Commercial Banks and Licensed
Specialized Banks. The Chairman and Vice Chairman are a Deputy Governor and an Assistant
Governor respectively, appointed by the Governor of the CBSL and other members of the Board
are CEOs of the respective banks, while members elected by the Associates of the Institute of
Bankers of Sri Lanka (AIB Sri Lanka) are members. Curricula and related modules are designed and
developed under the guidance of the Academic Council of the IBSL which consists of academics
from the State Universities specializing in the fields related to operations of banking and finance
and veteran senior bankers with lifelong practical experience in operations of banking and finance.
Through its journey, IBSL has passed many milestones and currently, it is operating in a state-
of-the-art twin tower, 12-story building with facilities including modern lecture halls, a library
facility with a large collection of textbooks, journals, and other related publications, a fully-fledged
auditorium, cafeteria and other amenities.
With all these facilities the IBSL offers an ideal learning environment for aspirants to carry out their
studies and build a commanding career in the Banking and Finance industry under the guidance
of veterans with both theoretical knowledge and practical experience.
Curriculum 2023 - IBSL Professional Programme 1

1.1 Our Vision and Mission
Vision
To be the leader in empowering professionals in Banking and Finance to facilitate sustainable
growth and national prosperity.
Mission
Provide guidance and facilities to enhance competencies with knowledge and skills in Banking
and Finance to become commanding professionals with local and global career prospects.
2 Institute of Bankers of Sri Lanka

1.2 Our Objectives
Develop unique professional and academic programmes with international

standards to meet the aspirations of all stakeholders.
Attract aspirants and support building active alumni of the highest caliber with
updated knowledge and skills.
Provide all of our students with exceptional learning experience to establish

life-long relationships with industry experts.
Build a network of international collaborations and partnerships that will enable

our alumni broaden their horizons beyond national borders.
Ensure meeting aspirations of stakeholders through our policies, procedures,

programmes, infrastructure facilities along with efficient and effective discharge
of our duties.

2. INTRODUCTION TO THE IBSL PROFESSIONAL PROGRAMME
2.1 Aim of the Programme
To provide an integrated set of qualifications with knowledge and skills combined with practical
experience for aspirants who wish to build and lead a professional career in Banking and Finance.

2.2 Objectives of the Programme
The objectives are to provide students with the opportunities to broaden their knowledge and skills
in banking, finance, and related fields both conceptually and theoretically.
Understanding the technological environment related to operations

of Banking and Finance
Managing business and clients.
Recording of financial transactions in line with international standards

and using them to assess business operations.
Measuring, assessing, and managing the risks associated with business

operations in banking and finance.
Developing leadership skills and making strategic decisions in a

challenging environment.
Understanding and handling financial operations related to international

trade and finance.
Managing credit, treasury operations, and investments.
Complying with laws and regulations related to the business of

banking and finance.
Developing strategies for business promotions.

2.3 Qualification Attributes
Professional Ability to Knowledge,

competence in enquire and understanding,
applying theory conduct and skills in
into practice. research. the discipline.
Ethically
Effective
responsible Qualification communication
social and
Attributes and
professional
collaboration.
conduct.
Personal and
Ability to
professional Information
critical thinking,
development and
creativity, and
through IT literacy.
problem-solving.
lifelong learning.

2.4 Programme Learning Outcomes (PLO)
After completing the Diploma in Banking & Finance (DBF) and Higher Diploma in Banking & Finance
(HDBF), the qualification holder is expected to possess the following characteristics/competencies.
01
PROFESSIONAL EXPERTISE
Demonstrate current and comprehensive knowledge in theoretical and operational
aspects related to the business of Banking and Finance.
PRACTICAL COMPETENCE
02 Apply knowledge in principles, theories, quality assurance, and regulatory and

compliance guidelines to practice and demonstrate practical expertise in the field
of Banking and Finance.
03
EFFECTIVE COMMUNICATION AND NETWORKING
Practice communication and networking effectively to develop productive
relationships within and outside Banking Financial Services Industry and to facilitate
administrative, consultative, and professional interactions.
04
TEAMWORK AND LEADERSHIP
Demonstrate the ability to work efficiently as a team member and a team leader to
establish and achieve common missions and purposes and to direct and collaborate
with others while understanding, appreciating and motivating them.
CREATIVITY AND PROBLEM-SOLVING
05 Act creatively demonstrating critical thinking and problem-solving abilities in finding

solutions to problems encountered, in making improvements, and introducing
innovative products.
06
MANAGERIAL AND ENTREPRENEURIAL SKILLS
Demonstrate management and leadership skills and entrepreneurial skills in achieving
organizational or business goals.
INFORMATION AND DATA MANAGEMENT SKILLS
07 Demonstrate abilities in the collection, analysis, presentation, and management of

data using traditional and modern methods to facilitate effective decision-making
for the advancement of the institution and the industry as a whole.
08
ETHICAL PROFESSIONAL BEHAVIOUR
Perform duties and responsibilities that demonstrate an understanding of ethical
behaviour and professional standards.
09
SELF-MANAGEMENT AND LIFELONG LEARNING
Develop a vision to direct life through reflective practice and lifelong learning, exhibit
the ability to adapt and respond to changing and challenging situations in personal
and professional life.

2.5 Entry Qualifications
Minimum entry qualifications for new student registrations are as follows:
I. GCE (A/L) in Sri Lanka in any stream having three (03) simple passes in one sitting or equivalent
foreign examination;
OR
II. Degree from a recognized university in Sri Lanka / Foreign Degree approved by the University
Grants Commission (UGC);
OR
III. Professional qualification from a recognized professional institute in Sri Lanka or abroad;
OR
IV. Part qualification of a professional/academic institute in Sri Lanka or abroad subject to the
condition that the level should be equivalent to Level 2 of the Sri Lanka Qualification Framework
(SLQF) / NVQ 4 of National Vocational Qualification Levels of Sri Lanka, subject to the approval
of the Institute;
OR
V. Mature Entry: Those employed in the Banking / Finance industry and over 18 years of age with
a minimum of eight (08) years of experience proved by a recommendation letter from the
employer are considered for registration under this category subject to the approval of the
Institute;
OR
VI. Any other qualification approved by the Institute

2.6 Programme Duration and Credit Load
Minimum Duration: Two (02) years.
Table 01: Duration and credit structure of the professional programme.
Programme Duration Credit Load
DBF 01 year 30
HDBF 01 year 30
2.7 Programme Delivery and Learner Support Systems
Lectures at IBSL Towers are delivered in a hybrid environment that allows for both physical and
online participation. Accordingly, students may choose the mode they prefer. Lectures are also
held at IBSL accredited centers around the country. Students can also prepare for the exams
through self-study. IBSL provides library facilities at the IBSL Towers, which can be accessed by all
students registered with IBSL.
2.8 Media of Lectures and Examinations
The examinations and lectures under DBF and HDBF are conducted in all three media; Sinhala,
Tamil and English. Accordingly, candidates may take the examinations under the DBF and HDBF in
a medium of their choice.
2.9 Method of Conducting Examinations
Examinations are conducted biannually island-wide in centers established by the IBSL in

coordination with the Zonal Directors of the Department of Education. Mid-semester assessments
are conducted online through the Learning Management System (LMS) of IBSL.
2.10 Gradings of the Performance at the Examinations
Gradings of performance based on the marks secured at the examination are given in the following
table.
Table 02: Grades of Performance
Marks Grade Classification
80 – 100 A Distinction
65 – 79 B Merit Pass
50 – 64 C Simple Pass
Below 50 D Fail

3. DETAILS OF THE IBSL PROFESSIONAL PROGRAMME
The professional programme offers the aspirants a complete set of qualifications to be equipped
with the required knowledge, skills and exposure to lead a promising career in Banking and Finance.
It has two stages, namely “Diploma in Banking and Finance (DBF)” and “Higher Diploma in Banking
and Finance (HDBF)”.
3.1 Diploma in Banking and Finance (DBF)
The DBF qualification is the intermediate stage in the professional pathway and provides the
foundation for a career in banking and finance focusing on the operational environment, basic
characteristics, concepts, theoretical background, and basic managerial aspects related to the
Banking and Financial services sector. It is a complete revision of the existing curriculum to meet
the requirements of human resources with knowledge and skills in the Banking and Financial
services industry to work efficiently and effectively to meet the challenges of current and emerging
changes in the industry in a digitalized environment. Accordingly, the revision process focused on
addressing not only current developments but also future challenges in this highly dynamic service
industry. Table 03 below shows the subjects in the DBF programme.
Table 03 Subjects in the DBF Programme
COURSE COURSE TITLE

CODE
DBF 11014 Survey of Financial Systems
DBF 11024 Elements of Banking and Non-bank Finance
DBF 11034 Accounting and Auditing
DBF 11043 IT, Digital Banking, and Settlements
DBF 11053 Economics for Banking
DBF 12064 Principles of Law
DBF 12074 Quantitative Techniques
DBF 12084 Principles of Management
DBF 12093 Ethics and Client Management
DBF 12103 Principles of Marketing
DBF 12110 Business Communication

3.2 Higher Diploma in Banking and Finance (HDBF)
The HDBF is the final stage of the professional path and is designed to expose the aspirants to
more advanced materials on operations of Banking and Financial services with more emphasis
on managerial aspects of different types, mainly focusing on compliance and customer services.
Table 04 Subjects in the HDBF Programme
COURSE COURSE TITLE

CODE
HDBF 21124 Central Banking and Monetary Policy
HDBF 21134 Law Relating to Banking and Practice of Banking
HDBF 21144 Credit Management
HDBF 21153 International Trade and Finance
HDBF 21163 Corporate Governance and Ethics
HDBF 22174 Compliance and Regulations
HDBF 22184 Risk Management and IS Security
HDBF 22194 Strategic Leadership
HDBF 22203 Advanced Quantitative Techniques
HDBF 22213 Financial Management and Treasury Operations

4. TRANSITIONAL ARRANGEMENTS
Tables 5 and 6 below show the transitional arrangements from the 2014 syllabus to the 2023
syllabus of the Professional Programme.
Table 05: Eligibility for transfer credits from IABF to DBF
Subject-based Transitional Arrangements
2014 Syllabus Intermediate in Applied Banking 2023 Syllabus

& Finance (IABF) Diploma in Banking & Finance (DBF)
I 01 Survey of Financial Systems DBF 11014 Survey of Financial Systems
I 02 Commercial Banking
Elements of Banking and Non-
DBF11024
bank Finance
I 06 Non-banking Financial Business
I 03 Business Accounting DBF 11034 Accounting and Auditing
Introduction to Banking and Financial

I 04 DBF 12064 Principles of Law
Law
I 05 Principles of Economics DBF 11053 Economics for Banking
I 07 Financial Client Management DBF 12093 Ethics and Client Management
I 08 Business Mathematics and Statistics DBF 12074 Quantitative Techniques
Following subjects in the DBF are newly introduced in the 2023 syllabus and students are required
to sit and pass them to complete the DBF.
• DBF 11043 : IT, Digital Banking, and Settlements
• DBF 12084 : Principles of Management
• DBF 12103 : Principles of Marketing
• DBF 12110 : Business Communication
Level-based Transitional Arrangements

Students who have completed IABF under the 2014 syllabus will be credited from all the subjects
in the DBF of the 2023 syllabus and are eligible to sit for the subjects in HDBF in the 2023 syllabus
without sitting for any additional subjects in DBF.

Table 06: Eligibility for transfer credits from DABF to HDBF
Subject-based Transitional Arrangements
2014 Syllabus 2023 Syllabus

Diploma in Banking & Finance (DABF) Higher Diploma in Banking & Finance (HDBF)
Economics of Money and Monetary Central Banking

D 01
Policy and Monetary Policy
HDBF 21124
D 09 Central Banking Financial
Management and
D 02 Financial Management HDBF 22213 Treasury Operations
International Trade
D 03 International Trade and Finance HDBF 21153
and Finance
D 04 Credit Management HDBF 21144 Credit Management
D 05 Financial Institution Management No comparable subject No transfer credit
D 06 Financial Markets Operations No comparable subject No transfer credit
D 07 Investment Banking No comparable subject No transfer credit
D 08 Development Finance No comparable subject No transfer credit
The following subjects are newly introduced in the 2023 syllabus and students are required to sit
and pass them to complete the HDBF.
• HDBF 21134 : Law Relating to Banking and Practice of Banking
• HDBF 21163 : Corporate Governance and Ethics
• HDBF 22174 : Compliance and Regulations
• HDBF 22184 : Risk Management and IS Security
• HDBF 22194 : Strategic Leadership
• HDBF 22203 : Advanced Quantitative Techniques
Level-based Transfer Credits

Students who have completed DABF under the 2014 syllabus are not required to sit for any
subjects in the HDBF of the 2023 syllabus.

5. CAREER DEVELOPMENT PATH OF IBSL
Figure 01 below illustrates the career development paths available at IBSL for those who aspire to
build a career in the Banking and Finance Industry.
Figure 01: Career Development Path of IBSL
MBAs
Recognized Local and Foreign Universities
B.Sc. (Hons.) Degree in

Northumbria
University, UK Banking &
Acconting & Finance
Finance to be offered by the
Business & IBSL
Management (Conditions Apply)
HRM & Leadership
PGEDBM (IBSL) Associate/Fellow of

Postgraduate Executive
Diploma in Bank Management the IBSL
HDBF
Higher Diploma in Banking & Finance
DBF
Diploma in Banking & Finance
GCE A/L

6. ACTION VERBS CHECKLIST
Table 07 below outlines the action verbs relevant to the delivery and assessment of the syllabi of
DBF and HDBF Programmes.
Table 07: Action Verbs Checklist
Knowledge Process Verb List Verb Definitions
Level-1 Remember Define Describe exactly the nature, scope, or meaning.
Describe Convey an idea in writing or in words.
Recall important Identify Recognize, establish or select after consideration.

information.
Recognize Show validity using knowledge or contextual experience.
Relate To establish logical or causal connections.
Level-2 Create a theory or argument by systematically arranging

Construct
Comprehension ideas.
Differentiate Constitute a difference that distinguishes something.
Explain important Examine in detail by argument showing different aspects

Discuss
information. for the purpose of arriving at a conclusion.
Explain Make a clear description in detail revealing relevant facts.
Illustrate Clarify by giving an example.
Interpret Present in an explainable term or translate.
Review Look over, study, or examine again.
Solve To find a solution through calculation or explanation.
Level-3 Application Apply Put to practical use.
Calculate/ Make a mathematical computation.

Compute
Use knowledge in a
setting other than Make a statement or situation less confusing and more
Clarify
the one in which it comprehensible.
was learned / Solve
closed-ended Establish or ascertain after consideration, investigation, or
Determine
problems calculation.
Demonstrate Prove, especially with examples.
Justify Show or prove to be right or reasonable.
The actual application or use of an idea, belief, or method,

Practice
as opposed to theories relating to it.
Prepare Make ready for a particular purpose.
Use Apply for a purpose.

Level-4 Analysis Examine in detail in order to determine the solution or
Analyze
outcome.
Assess based on quality, amount, and other features for

Draw relations Appraise
judgments.
among ideas and
to compare and Compare Examine for the purpose of discovering similarities.
contrast
Compare in order to show unlikeness or differences.
/ Solve open- Contrast
ended problems.
Criticize Form and express a judgment.
Distinguish Recognize or treat something as different.
Consider in detail in order to discover essential features or

Examine
meanings.
Inspect Examine carefully and critically.
Carry out a systematic or formal inquiry to discover and

Investigate
examine the facts to establish an idea or a theory.
Outline Make a summary of significant features.
Level-5 Evaluate Offer suggestions about the best course of action in a

Advise
manner suited to the recipient.
Ascertain Find something out for certain or make sure of.

Formation of
judgments and Come or bring to a resolution in the mind as a result of
Decide
decisions about the consideration.
value of methods,
ideas, people, or Design Form or structure according to a plan.
products. Diagnose Determine the nature of a problem by examination.
Evaluate To determine the significance by careful appraisal.
Formulate Create or prepare methodically.
Arrange systematically to put together into an orderly,

Organize
functional or structured manner.
Recommend A suggestion or proposal as to the best course of Action.
Level-6 Synthesis Assess Determine the value, nature, ability, or quality.
Develop To disclose, discover, perfect or unfold a plan or idea.
Solve unfamiliar To form or declare a plan or intention for consideration or

problems by adoption.
combining different
Propose
aspects to form
a unique or novel
solution.

DBF
Diploma in Banking and Finance

7. DETAILED STRUCTURE OF THE SYLLABUS:
DIPLOMA IN BANKING AND FINANCE (DBF)
Table 08 below outlines the subjects of the Diploma in Banking and Finance Programme with the
relevant codes and the status.
Table 08: Subjects in Diploma in Banking and Finance (DBF)
Course Title Course Code Status Credits
Survey of Financial Systems DBF 11014 04

Semester - I
Elements of Banking and Non-bank Finance DBF 11024 Compulsory 04
Accounting and Auditing DBF 11034 04
IT, Digital Banking and Settlements DBF 11043 03

*Optional
Economics for Banking DBF 11053 03
Principles of Law DBF 12064 04
Quantitative Techniques DBF 12074 Compulsory 04

Semester - II
Principles of Management DBF 12084 04
Ethics and Client Management DBF 12093 03

*Optional
Principles of Marketing DBF 12103 03
Business Communication Compulsory

DBF 12110 & non-credit N/A
module
Total Credits 30
* Students are required to select any one (01) subject out of the two (02) optional subjects offered
in each semester.

Course Title Survey of Financial Systems
Course Code DBF 11014
Credit Value 04
Status Core
Level I
Semester I
Overall Learning At the end of the course unit, students should be able to:
Outcomes
1. Identify the operational mechanism of a financial system.

2. Identify the role of a financial system in an economy.
3. Identity money and its characteristics.
4. Provide arguments for a sound policy intervention that alleviates some of the problems
arising from volatility of real and financial markets.
5. Describe financial markets, institutions and instruments.
6. Explain the causes for financial crises.
7. Discuss the regulatory systems in the financial system.
Course contents:
Weig- Learning outcomes Teaching

htage and Methods of
Topic At the end of the session students
(%) learning assessment
should be able to: method
1. The role 05% i. Explain the structure of the financial Interactive Mid semester
of the system. lectures, and end
financial group semester
system ii. Discuss the role of the financial discussions examination.
in the system in the economy.
economy
2. Money 15% i. Recognize the evolution of money. Interactive Mid semester

lectures, and End
ii. Discuss the barter system and its group semester
evolution to the current system. discussions. examination.
iii. Evaluate the theories to discuss
the money demand (Liquidity
Preference Theory, Monetarist
Approach, Quantity Theory of
Money).
iv. Identify and define the money
supply.
v. Explain the role of Licensed
Banks, Financial Intermediary
of commercial banks and its
importance to an economy.

3. Financial 25% i. Describe the process of financial Interactive Mid semester
markets markets. lectures, and end
and group semester
securities/ ii. Comprehend the types and discussions. examination.
products structure of financial markets.
iii. Outline the functions of financial
markets.
iv. Differentiate direct finance and
indirect finance.
v. Describe financial market products
(deposits, stocks, bonds, repos, and
reverse repos, foreign exchange,
structured finance, financial
derivatives, units, venture capital).
4. Financial 30% i. Analyze the role of financial Interactive End semester

institutions intermediaries. lectures, examination.
group
ii. Recognize the financial institutions discussions.
and their functions (Central
Bank, financial intermediaries
(commercial banks, finance
companies, leasing companies,
insurance companies, factoring
companies, co-operatives),
financial service providers
(investment banks, fund
management companies,
payments service providers,
money changers, dealers, brokers,
exchanges, securities, depositories).
5. Financial 15% i. Identity what is a financial crisis Interactive Case

system (banking, markets, and debt crises). lectures, analysis,
stability group and end
ii. Analyze the causes behind the discussions. semester
Asian financial crisis and global examination.
financial crisis (nature, reasons,
impact and resolutions).
iii. Recognize the systematically
important financial institutions
(too-big-to-fail), shadow banking
and risks, financial stability
frameworks.
6. Financial 10% i. Discuss the financial sector Interactive End semester

safety net regulators (capital market, banks, lectures, examination.
mechanism non-bank financial institutions group
and insurance) towards financial discussions.
stability.
ii. Recognize the major roles of those
regulators and major instruments.
100%

Recommended reading:
• Mishking, F.S., Eakins, S.G., Financial Markets and Institutions, 10th edition, Pearson.
• Mishking, F.S., The Economics of Money, Banking, and Financial Markets, 13th edition, Pearson.
• Bain, K., Howells, P., Monetary Economics: Policy and Its Theoretical Basis, 2nd edition,
• Macmillan Education UK.
• Central Bank Directives.
Assessments:
Students are required to do a mid-semester exam and face the final exam at the end of the
semester.
The final grade will be computed as follows:
Mid-term Exam 40%
Final exam 60%
Total 100%
Students are required to obtain a minimum of 50% from the mid-semester examination and 50%
from the final semester examination to pass the subject.
Learning time:
Being a 04 credit course unit, the notional learning time for the course unit is 200 hours
(04 * 50), consisting of:
Face-to-face contact time = 60 Hours
Directed self-study through LMS = 40 Hours
Self-directed learning expected = 40 hours
Assessment, review and revision = 60 Hours
Total = 200 Hours

Course Title Elements of Banking and Non-Bank Finance
Credit Value 4
Status Core
Level I
Semester I
Overall Learning At the end of the course unit, students should be able to:
Outcomes
1. Explain the role of a Licensed Bank and its involvement as a Financial Intermediary in an
economy.
2. Identify the Banker-Customer relationship.
3. Differentiate the types of bank accounts, their special features, operational procedures, and
banking delivery channels.
4. Identify the difference between fund-based and fee-based activities.
5. Explain the methods of remittances used through the formal channels.
6. Discuss the role of financial intermediaries as authorized dealers in foreign exchange
transactions.
7. Explain the international payment methods.
8. Explain the importance of AML and KYC/KYCC.
9. Explain the new technologies used in banking services.
Course contents:
Topic Weig- Learning outcomes Teaching Methods of

htage and assessment
(%) At the end of the session students learning
1. The role 05% i. Explain the basic concept of Interactive Mid semester
of the credits/lending. lectures, and end
financial group semester
system in ii. Explain the structure of the Financial discussions examination.
the economy System in Sri Lanka.
2. Banker- 10% i. Explain the basic relationship Interactive Mid semester

customer between Banker and Customers. lectures, and End
relationships group semester
and the ii. Explain the banker’s duties, discussions. examination.
nature obligations, and rights.
of such iii. Explain the customer’s rights,
relationships obligations, and duties.
iv. Identify the nature of the banker-
customer relationship and its
different attributes.
v. Explain the duty of secrecy, its
application and exemptions.

3. Banking 10% i. Explain the different types of Interactive Case
business account holders and bank lectures, analysis, mid
lines-Fund accounts. group semester
based discussions. and end
deposit ii. Identify the special features of semester
products each account and the required examination.
documents to open accounts.
iii. Identify the operations of current
accounts.
iv. Identify the parties involved in a
cheque, the types of cheques and
their usage.
v. Explain the crossing of cheques, its
different types and the implications.
vi. Explain the operations of Power of
Attorney.
vii.Explain the operations of
Nomination and its implication.
4. Banking 20% i. Explain the different types of loans Interactive Mid semester
business and advances. lectures, and end
lines-Fund group semester
based assets ii. Explain the basic lending principle discussions. examination.
products and evaluation of loans.
iii. Describe the administration of
loans and follow-ups.
iv. Identify early warning signals.
v. Describe preventive measures.
vi. Describe the classification of loans.
vii.Explain provisions and impairments.
5. Banking 10% i. Explain the fee-based activities. Interactive End semester

business lectures, examination.
lines - Fee ii. Differentiate from fund-based group
based activities. discussions.
activities iii. Identify the fee income generation
from Retail Banking.
iv. Identify the fee income derived
from SMEs and corporate banking.
v. Explain the innovative fee-based
activities that are envisaged in
banking industry.

6. Methods of 10% i. Describe the different types of Interactive Case
remittance remittances. lectures, analysis, end
and its group semester
significance ii. Identify the regulatory requirements discussions. examination.
to the on inward and outward
economy remittances.
iii. Describe each mode of remittance
and its usage.
iv. Differentiate the domestic
remittances and the international
remittances.
v. Identify the latest technologies
used in remittance products.
vi. Explain the risks and the challenges
involved in international
remittances.
vii. Identify the mitigating factors.
7. Authorized 10% i. Explain the role of an Authorized Interactive End semester

dealers Dealer. lectures, examination.
for foreign group
currency ii. Identify the correspondent banking discussions.
operations relationships.
iii. Describe the usage of SWIFT and its
importance in communication.
iv. Differentiate between Nostro and
Vostro accounts and its usage in
foreign exchange transactions.
v. Explain the Foreign Exchange Act
and its key provisions.
vi. Explain the definition of resident
and non-resident.
vii. Differentiate between current
transactions and capital
transactions.
viii.Explain designated foreign
currencies.
ix. Identify the types of permitted
foreign currency accounts and the
required eligibility criteria to open
the same.
x. Identify the foreign currency loans
and eligibility criteria to obtain such
loans.

1. Payment 10% i. Describe the operations of a Letter Interactive End semester
terms of Credit. lectures, examination.
used in group
international ii. Explain the documentary discussions.
trade collections.
iii. Differentiate between Advanced
Payment and Open Account.
iv. Describe the different functions of
Bill of Lading and its importance in
international trade.
v. Define the types of Bank
Guarantees.
vi. Describe the functions of direct
and indirect bank guarantees.
vii. Explain the role of the Indirect Bank
guarantee and its importance to
viii. Explain the role of Clearing Unit.
2. Anti- Money 5% i. Explain the definition of Money Interactive Case

Laundering Laundering and its cycle. lectures, analysis
(AML) and group and end
Countering ii. Explain the impact of anti-money discussions. semester
Financing laundering to the economy. examination.
of Terrorism iii. Explain the local regulations
(CFT) related to Money Laundering.
iv. Explain the role of Anti-Money
Laundering (AML) and the
Countering Financing of Terrorism
(CFT).
v. Evaluate the role of the Financial
Intelligence Unit (FIU) of CBSL and
the Financial Action Task Force
(FATF).
vi. Explain the concept of Know Your
Customers and Due Diligence.
3. Usage 10% i. Explain the usage of the core Interactive Case

of new banking system and its importance lectures, analysis
technology to routine banking operations. group and end
in banking discussions. semester
and delivery ii. Explain the potential risk of using examination.
channels information technology.
iii. Explain the digital delivery
channels.
iv. Explain usage of Blockchain
technology.
v. Explain the new trends in relation
to the technological perspective of
banking services.
100%

• Directions issued by the Bank Supervision Dept. of the Central Bank of Sri Lanka (CBSL) and
the Monetary Board on commercial banks from time to time.
• Foreign Exchange Act no. 12 of 2017 and the Directions issued by the Dept. of Foreign
Exchange of CBSL from time to time.
• Operating Instructions issued by Import and Export Control Dept. from time to time.
• Directions on operational changes issued by Credit Information Bureau (CRIB).
• Directions issued by the Payments and Settlements Dept. of CBSL from time to time.
• Operating instructions issued by Inland Revenue Dept.
• Directions issued by the Financial Intelligence Unit (FIU) of CBSL.
Assessments:
semester.
Mid-term Exam 40%
Final exam 60%
Total 100%
Learning time:
Being a 04-credit course unit, the notional learning time for the course unit is 200 hours (04 * 50),
consisting of:
Directed Self-study through Moodle = 40 Hours
Total = 200 Hours

Course Title Accounting and Auditing
Credit Value 04
Status Core
Level I
Semester I
Overall Learning At the end of the course unit students should be able to:
Outcomes
1. Explain the fundamental principles, concepts and assumptions in accounting.

2. Prepare books of original entry.
3. Apply double entries, prepare ledger accounts and extract trial balance.
4. Prepare bank reconciliation statement.
5. Apply important accounting standards in the preparation of financial reports.
6. Preparation of financial reports for different business entities.
7. Interpretation and application of Financial Information and financial indicators.
8. Identify applicable legal provisions on financial reporting of financial institutions.
9. Compute and interpret the impact of taxation on profitability
10. Explain key concepts in costing.
11. Describe the importance of Auditing for a financial institution and key elements of auditing.
Course contents:

1. Introduction 03% i. Explain what is Accounting? Interactive Mid

to accounting lectures, semester
a) Definition tutorials and end
b) Role of Accounting and group semester
discussions. examination.
c) Accounting cycle
d) Advantages and limitations in
accounting
e) Impact of changes in
environmental factors on
accounting (political, economic,
social, technical etc.)
ii. Explain types of accounting:
a) Financial Accounting
b) Cost Accounting
c) Management Accounting

2. Basics in 08% i. Explain key elements in accounting: Interactive Mid
accounting lectures, semester
a) Assets tutorials and end
b) Liabilities and group semester
c) Equity
d) Income
e) Expenses
ii. Explain and calculate
measurement of elements:
a) Historical cost
b) Current cost
c) Net Realizable Value
d) Present Value
iii. Conceptual framework for financial
reporting.
iv. Explain financial information.
v. Qualitative characteristics of useful
financial information:
a) Fundamental qualitative
characteristics.
b) Enhancing qualitative
characteristics.
c) Constraints on useful financial
reporting.
vi. Describe salient points in financial
reporting:
a) Objectives of financial reporting.
b) Difference between book
keeping and financial reporting.
c) Financial reporting process.
d) Limitations in financial reporting.
vii. Explain key stakeholders in
financial reporting and information:
a) Users of financial information
and specific need.
b) Key parties involved in financial
reporting process.
c) Responsibilities of key parties
involved.

3. Fundamentals 05% i. Explain key accounting principles / Interactive Mid
in accounting concepts /assumptions. lectures, semester
tutorials and end
a) Accrual and group semester
b) Business Entity discussions. examination.
c) Consistency
d) Dual Aspect
e) Full Disclosure
f) Going Concern
g) Historical Cost
h) Matching
i) Materiality
j) Money Measurement
k) Periodic
ii. Provide general overview of
accounting standards:
a) International Accounting
Standards and Sri Lanka
Accounting Standards.
b) Legal framework for accounting
standards.
c) Accounting standards setting
process.
d) Difference between accounting
standards and accounting
principles/concepts.
iii. Explain double entry bookkeeping
system:
a) Dual aspect of an event or a
transaction.
b) Accounting equation.
iv. Apply accounting equation:
a) Double entry accounting
system for assets, liabilities and
equity.
b) Double entry accounting
system for income and
expenses.
c) Effect of profit or loss on capital.

4. Books of 08% i. Describe key books of original entry. Interactive Mid
original entry lectures, semester
ii. Prepare sales day book: tutorials and end
a) Cash sales and credit sales. and group semester
b) Sales day book and sales
ledger.
c) Relevant source documents.
d) Trade discount and cash
discount.
e) Entries in sales day book and
sales ledger.
f) Credit/debtors control account.
iii. Prepare purchases day book:
a) Cash purchases and credit
purchases.
b) Purchases day book and
purchases ledger.
c) Relevant source documents.
d) Recording of trade discounts
and cash discounts.
e) Entries in purchases day book
and purchases ledger.
f) Purchase/creditors control
account.
iv. Prepare return inwards/sales
returns day book:
a) Return Inwards
b) Credit Notes
c) Entries in Return Inward Day
Book
v. Prepare return outwards/purchases
returns day books:
a) Return outwards
b) Debit notes
c) Entries in return outward day
book
vi. Prepare cash book:
a) Drawing up a cash book.
b) Cash Book with bank column.
c) Cash discounts – allowed and
received.

vii. Prepare petty cash book:
a) Division of cash book.
b) Imprest system.
c) Illustration.
viii. Prepare journals:
a) Uses of the journal
b) Journal entries (opening entries,
correction of errors, closing
entries, adjustment entries etc.).
5. Debits and 08% i. Explain chart of accounts: Interactive Mid

Credits lectures, semester
a) Purpose group and end
b) Examples of different types of discussions. semester
entities. examination.
ii. Prepare ledger accounts:

a) T accounts.
b) Balancing of ledger accounts.
iii. Prepare Trial Balance:
a) Purpose
b) Types of errors that do not affect
the total of the trial balance:
• Errors of omission.
• Errors of commission.
• Errors of principle.
• Compensating errors.
• Errors of original entry.
• Complete reversal of entries.
• Transposition errors.
c) Types of errors that do affect
the total of the trial balance.
iv. Prepare Suspense Account.
a) Purpose of suspense account.
b) Effects of errors on the profit.
c) Effects of errors on the assts
and liabilities.
d) Entries to correct errors.

6. Bank 04% i. Prepare bank reconciliation Interactive Mid
reconciliation statement: lectures, semester
statement tutorials and end
a) Purpose of bank reconciliation and group semester
statement. discussions. examination.
b) Advantages of preparing the
bank reconciliation statement.
c) Reasons for differences in bank
balance.
d) Dishonored cheques.
e) Bank overdraft.
f) Adjusting entries.
ii. Explain the bank reconciliation
process:
a) Corrected bank book.
b) Preparation of bank statement.
7. Key financial 08% i. Explain the salient points in Sri Interactive Mid
statements Lanka Accounting Standard 1 lectures, semester
(LKAS 1) – Presentation of Financial tutorials and end
Statements. and group semester
ii. Key requirements in financial
statements:
a) Clear identification of financial
statements with other
information.
b) Reporting entity.
c) Reporting period.
iii. Prepare a complete set of financial
statements:
a) Statement of Financial Position:
• Presentation format.
• Current and non-current
classification of assets.
• Current and non-current
classification of liabilities.
• Order of liquidity.
• Line items.
b) Statement of Profit or Loss and
Other Comprehensive Income:
• Profit or loss.
• Other comprehensive
income.

• Choice in presentation.
• Line items.
c) Statement of changes in equity:
• Format
• Line items
d) Statement of cash flows:
• LKAS 7 – Statement of cash
flows.
• Direct and indirect methods
of preparing cash flows.
• Operating cash flows.
• Investing cash flows.
• Financing cash flows.
• Cash and cash equivalents.
e) Notes, comprising a summary
of significant accounting
policies and other explanatory
notes.
f) Comparative information. in g
g) Advantages of each financial
statement for different
stakeholders.
8. LKAS 2 – 03% i. Measurement of Inventories: Interactive End

Inventories lectures, semester
a) Cost tutorials examination.
b) Net Realizable Value and group
discussions.
ii. Prepare accounting adjustments
for inventory disclosures.
9. LKAS 16 - 04% i. Explain recognition of property, Interactive End

Property, plant, and equipment. lectures, semester
Plant and tutorials examination.
Equipment ii. Explain the initial measurement of and group
property, plant and equipment. discussions.
iii. Subsequent measurement of
property, plant and equipment.
a) Cost Model
b) Revaluation Model
iv. Explain and compute the useful life
and salvage value of an asset.
v. Compute depreciation:
a) Purpose
b) Depreciation calculation
methods:

• Straight line method.
• Diminishing balance method.
• Unit of production method.
• Double-declining balance
method.
• Sum of years digits.
c) Advantages and
disadvantages of each
depreciation method.
d) Accounting of depreciation.
vi. Disposal of property, plant and
equipment.
• Accounting Entries
• Gain/Loss on Disposal
• Disclosures
10. Income tax 03% i. Compute and explain: Interactive Case

lectures, analysis
a) Accounting profit tutorials and end
b) Taxable profit and group semester
c) Timing difference
d) Current tax
e) Differed tax
f) Calculation of income tax.
g) Accounting of income tax.
h) Disclosures
11. Financial 10% i. Prepare financial statements of a Interactive Case

statements sole proprietorship: lectures, analysis
of different tutorials and end
entities a) What is a sole proprietorship? and group semester
b) Objectives of financial discussions. examination.
statements of a sole
proprietorship.
c) Adjusting entries relating to a
sole proprietorship:
• Closing inventory
• Accrued expenses
• Pre-payments
• Income received in advance
• Income receivable
• Depreciation
• Bad and doubtful debts
• Income tax

• Disposal of fixed assets
d) Formats and preparation of
financial statements:
• Statement of financial
position.
• Profit or loss/income
statement.
ii. Prepare financial statements of a
manufacturing entity:
a) Objectives of financial
statements of a manufacturing
entity.
b) Expenses allocation to
manufacturing account.
c) Formats and preparation of
financial statements.
• Statement of Financial
Position.
• Profit or Loss/Income
Statement.
iii. Financial Statements of a
Partnership:
a) What is a partnership business?
b) Objectives of financial
statement of a partnership
business.
c) Adjusting entries relating to a
partnership:
• Interest on capital
• Partner’s salary
• Interest on drawings
• Profit distribution
• Admission of a partner
• Retirement of a partner
• Goodwill
• Revaluation of assets
• Dissolution of a partnership
business.
d) Formats and Preparation of
Financial Statements
• Capital Account
• Appropriation Account

• Statement of Financial
Position
• Profit or Loss/Income
Statement
12. LKAS 8 – 03% i. Explain salient points of accounting Interactive Case

Accounting policies: lectures, analysis
policies, tutorials and end
changes in a) Selection and application of and group semester
accounting accounting policies. discussions. examination.
estimates, b) Consistency of accounting
and errors policies.
c) Changes in accounting
policies.
d) Related disclosures.
ii. Explain and compute for
accounting estimates:
a) Changes in accounting
estimates.
b) Related disclosures.
iii. Compute for errors:
a) Adjustments required for
errors.
b) Related disclosures.
13. Interpre- 08% i. Interpret financial information. Interactive Case

tation and lectures, analysis
application ii. Advantages of ratio analysis. tutorials and end
of financial iii. Main financial ratios. and group semester
information.) discussions. examination.
a) Ratios relating to liquidity:
• Working capital
• Current assets ratio
• Quick assets ratio
• Liquid assts to total assets
• Stock turnover ratio
• Ratios relating to financial
institutions (Statutory
liquid assets ratio, liquidity
coverage ratio, net stable
funding ratio).
b) Solvency related ratios:
• Leverage ratio
• Debt to equity ratio
• Interest coverage ratio
institutions (Capital
adequacy ratio).

c) Ratios on assets quality:
institutions. (Non-performing
loans ratio, provision
coverage ratio, impaired
assets ratio, concentration
ratio).
d) Profitability ratios:
• Return on assets
• Return on equity
• Efficiency ratio
• Cost-to-income ratio
• Interest margin
e) Investor related ratios:
• Net assets per share
• Earnings per share
• Dividends per share
• Dividend payout ratio
iv. Prudential ratios:
a) Explain prudential ratios.
b) Explain and compute types of
prudential ratios:
• Ratios on asset quality,
solvency, liquidity.
v. Limitations of ratio analysis.
vi. Credit evaluation using financial
statements.
14. Applicable 03% i. Explain provisions under the Interactive Case

legal Banking Act. lectures, analysis
provisions tutorials and end
on financial ii. Explain provisions under the and group semester
reporting Finance Business Act. discussions. examination.
of financial iii. Explain the requirements of the
institutions Insurance Industry Act.
iv. Identify the disclosures under the
continuing listing requirements of
the Colombo Stock Exchange.
v. Identify the requirements of the
Companies Act.
vi. Explain the provisions under
corporate governance
requirements.
vii. Explain the regulatory guidelines
for financial reporting.

15. SLFRS 9 – 03% i. Explain the objectives of SLFRS 9. Interactive End
Financial lectures, semester
instruments ii. Explain financial assets and tutorials examination.
financial liabilities. and group
iii. Explain the classification of discussions.
financial instruments.
iv. Explain the measurement of
financial instruments.
v. Explain the impairment concepts
and process of individual
impairment and collective
impairment.
16. Basic 05% i. Identify different terms in costing. Interactive Case

concepts in lectures, analysis
costing ii. Calculate different types of costs. tutorials and end
iii. Explain the difference between job and group semester
costing, process costing and joint discussions. examination.
costing systems.
iv. Describe budgeting.
17. Methods 7% i. Explain basic cost allocation Interactive Case

of cost methods. lectures, analysis
accounting tutorials and end
ii. Describe standard costing and and group semester
variance analysis. discussions. examination.
iii. Identify the difference between
standard costing, Activity-Based
Costing and Cost-Volume-Profit
Analysis.
18. Auditing 7% i. Explain the importance of Audit. Interactive Case

lectures, analysis
ii. Explain the methods of Internal tutorials and end
Controls. and group semester
iii. Explain key aspects of Audits. discussions. examination.
iv. Explain the prevention of frauds

and violation of internal controls.
v. Describe the role of a manager
in implementing and monitoring
Internal Controls.
100%
• Guru Jambheshwar, Accounting for Managers, Latest edition, University of Science and
Technology.
• S.N. Maheshwari, Suneel K. Maheshwari & Sharad K, Maheshwari, Financial Accounting, 6th
edition, Vikas Publishing.
• Sri Lanka Accounting Standards, Institute of Chartered Accountants of Sri Lanka (ICASL),
2023.
• IFRS 09 – Financial Instruments.

Assessments:
semester.
Mid-term examination 40%
Final Exam 60%
Total 100%
Learning time:
Being a 04-credit course unit, the notional learning time for the course unit is 200 hours (04 *
50), consisting of:

Total = 200 Hours


Course Title IT, Digital Banking and Settlements
Credit Value 03
Status Optional
Level I
Semester I
Outcomes
1. Describe how the banking operations were performed in last three decades.
2. Explain digital banking and its applications.
3. Acquire an awareness and understanding on the use of social media as a platform.
4. Describe FinTech and innovative technologies.
5. Explain the System Development Life Cycle.
6. Identify national payment system platform.
7. Identify applicable laws related to digital banking and national payment systems in Sri
Lanka.
8. Explain the need for information security of the banking system.
Course contents:

1. Banking 10% i. Describe how banking has Interactive Mid-

operations in been operated in the past three lectures, semester
the last three decades. tutorials and end-
decades and group semester
ii. Explain the use of centralized discussions. exam.
systems, and back-office
operations.
iii. Explain the introduction of
channels.
iv. Explain core banking applications.
2. Digital 10% i. Explain Electronic Banking. Interactive Case

banking lectures, analysis,
and its ii. Describe switching to digital tutorials mid-
applications. banking and group semester
iii. Discuss case. discussions. and end-
Artificial semester
Intelligence iv. Explain Management Information exam.
System, Artificial Intelligence and
its application to banking.

3. Use of social 5% i. Explain social media. Interactive Case
media as a lectures, analysis,
platform in ii. Explain banking business on social tutorials mid-
banking media. and group semester
semester
exam.
4. Arrival of Fin 5% i. Explain Fin Tech. Interactive Case

Tech and lectures, analysis,
innovative ii. Describe innovative technologies tutorials mid-
technologies and their usage. and group semester
semester
exam.
5. System 10% i. Explain SDLC. Interactive Mid-

Development lectures, semester
Life Cycle ii. Explain ITIL. tutorials and end-
(SDLC), ITIL iii. Discuss case. and group semester
(Information discussions. exam.
Technology
Infrastructure
Library)
6. First mid- 1-5 topics. Mid- Mid-

semester semester semester
examination exam. exam.
7. Introduction 15% i. Describe the conceptual Interactive End-

to Sri Lanka framework relating to the national lectures, semester
national payment platform. tutorials exam.
payment and group
system ii. Explain the involvement of Lanka discussions.
platform; Clear, the appointed entity by the
Central Bank of Sri Lanka.
CAS, CEFT, iii. Explain the role of the Central Bank
CPOS of Sri Lanka.
iv. Explain the inter-bank ATM
transaction routing mechanism.
v. Explain the involvement of
International Card Scheme
networks.
vi. Explain the Common ATM Switch
(CAS), Common Electronic Fund
Transfer (CEFT) and Common
Point of Sale (CPOS) architecture,
benefits, CBSL involvement and
directions, fees and charges,
customer benefits.

8. Introduction 10% i. Explain the mobile payment Interactive End-
to mobile platforms in Sri Lanka. lectures, semester
based tutorials exam.
payments, bill ii. Explain how regulated mobile and group
presentment payment platforms allow direct discussions.
systems access to customer’s accounts.
iii. Explain security, Central Bank
guidelines on minimum security
standards, and their application.
iv. Explain the bill presentment and
payment options.
v. Explain the regulated online
payment platform in Sri Lanka.
9. Clearing and 10% i. Explain the clearing systems Interactive End-

settlement operated by the national payment lectures, semester
of funds infrastructure provider pertaining tutorials exam.
between to all payment systems. and group
financial discussions.
institutions ii. Explain the Central Bank RTGS
- Real Time Gross Settlement
System systems pertaining to
settlement of funds.
iii. Describe SWIFT Systems and its
security controls.
iv. Describe card operations – VISA.
10. Payment 10% i. Explain the types of disputes in Interactive End-

platforms – payment systems. lectures, semester
managing tutorials exam.
disputes ii. Describe the dispute management and group
process implemented in inter- discussions.
bank payments systems including
payment platforms.
iii. Explain regulatory requirements in
a dispute management system.
11. Information 10% i. Explain the IS cyber security. Interactive Case

Security in lectures, analysis
Banking ii. Explain network security. tutorials and end-
iii. Explain types of cyber-attacks, and group semester
detection and prevention discussions. exam.
methods/tools.
iv. Explain information security
incident management and real-
world experiences such as solar
wind attack).
v. Explain relevant policy, procedure
and regulatory guides and acts).

12. Identify 05% i. Discuss applicable laws related Interactive Case study,
applicable to digital banking and national lectures, End-
laws related payment systems in Sri Lanka. tutorials semester
to digital and group exam.
banking and ii. Explain guidelines on minimum discussions.
national compliance standards for
payment payment-related mobile
systems in Sri application.
Lanka iii. Personal Data Protection Act
iv. ISMS – ISO 27001 (Information
Security Management System).
v. BCMS – ISO27701
(Business Continuity Management
Standard).
100%
• Thomas M. Siebel, Digital Transformation: Survive and Thrive in an Era of Mass Extinction,
Rodin Books, 2019.
• Wewege L., and Thomsett M.C., The Digital Banking Revolution: How financial technology
companies are rapidly transforming the traditional retail banking industry through
disruptive innovation, 3rd edition, De Gruyter.
• Swai M., Banking 2020: Transform yourself in the new era of financial services,
1st edition, Intech Commerce.
• E-book: Social Media Banking (Fintech Series), BBVA Innovation Center, Kindle Edition.
• Clyde Bank Technology, ITIL for Beginners: The Complete Beginner’s Guide to ITIL, 2nd edition,
Clyde Bank Media LLC.
• www.lankaclear.com
• www,cbsl.lk
• Payment and Settlement Systems Act No 28 of 2005.
• General Direction No.1 of 2018 Operations of the Common Electronic Fund Transfer Switch.
• General Direction No.2 of 2018 Operations of the Common Point-of-Sales Switch.
• Circular No, 7 of 2018 Liability Manager Limits in LankaPay Common ATM Switch and
LankaPay Common Electronic Fund Transfer Switch.
• Payment and Settlement System Circular No. 1 of 2019 Providing Real Time Notifications for
Transactions Effected Through Electronic Payment Instruments/Mechanisms.
• General Direction No.1 of 2020 Fees Chargeable on the Transactions Effected Through the
Common ATM Switch.
• Guideline No. 01/2018 Guidelines on Minimum Compliance Standards for Payment Related
Mobile Applications.
• Payment and Settlement System Circular No 8 of 2017 Maximum Limits on Transaction
Value and Fees of Common Electronic Fund Transfer Switch.
• Any other circulars and directions published by the Payments and Settlements Department
of the Central Bank of Sri Lanka.

Assessments:
semester.
Mid-semester exam = 40%
Final exam = 60%
Total = 100%
Learning time:
consisting of:
Total = 150 Hours

Course Title Economics for Banking
Credit Value 03
Status Optional
Level I
Semester I
Outcomes
1. Explain fundamental economic concepts and fundamental economic problems along with
their foundations.
2. Explain the structure of a modern market economy.
3. Describe different approaches of economic analysis.
4. Identify different dimensions of the market economy.
5. Analyze the role of the market mechanism in the efficient allocation of resources.
6. Explain the role of the Government in a market economy.
7. Explain the concept of market failures and the reasons for market failures.
8. Explain the macroeconomic dimensions of economic analysis.
Course contents:

1. An overview 08% i. Explain fundamental economic Interactive Mid

of the concepts. lectures, semester
fundamental tutorials and and end
economic ii. Describe the fundamental discussion semester
concepts, economic problems and the forums. examination.
fundamental environment for the existence of
economic such problems.
problems iii. Identify alternative uses of
and ways resources and the need to make
of finding choices where an opportunity cost
solutions has to be born.
iv. Identify the characteristics of a
mixed economic system with due
reference to the two extremes of
pure market economy and pure
administrative economy.
2. An 10% i. Identify different players in the Interactive Mid

introduction economy and their characteristics. lectures, semester
to modern tutorials and and end
market ii. Explain how different players discussion semester
economy are interconnected through the forums. examination.
respective markets.

3. Different 10% i. Identify the characteristics of Interactive Mid
players in the consumer behavior and its lectures, semester
market relationship with the market. tutorials and and end
discussion semester
ii. Identify the characteristics forums. examination.
of producer behavior and its
relationship with the market.
iii. Explain the nature of interactions
between consumers and
producers through the market.
4. Market 12% i. Analyze the nature of the response Interactive Mid

mechanism of the market to changes in lectures, semester
in resource consumer and producer behavior. tutorials and and end
allocation discussion semester
ii. Identify the factors related to the forums. examination.
degree of response of market
to changes in consumer and
producer behavior.
iii. Explain the reaction of consumers
and producers to changes in
market conditions.
iv. Explain price as a signal for
resource allocation.
5. Market 10% i. Explain the concept of market Interactive Case

failures and failures. lectures, analysis, mid
contributory tutorials and semester
factors ii. Identify the factors that contribute discussion and end
to market failures. forums. semester
iii. Identify the measures to improve examination.
market performance.
6. Role of the 05% i. Identify different ways that the Interactive End
government government interferes with the lectures, semester
in market market mechanism. tutorials and examination.
economy discussion
ii. Analyze how the intervention of forums.
the government influences market
conditions.
iii. Explain market failure and
government intervention.
7. Macroecon- 10% i. Explain the nature of circular flow Interactive End

omic of national income. lectures, semester
relationships tutorials and examination.
and variables ii. Identify different macroeconomic discussion
indicators and their forums.
characteristics.
iii. Examine the interrelationships
among major sectors in the
economy and how they are
reflected in key macroeconomic
indicators.

8. Macroecon- 20% i. Identify different macroeconomic Interactive Case
omic objectives. lectures, analysis, end
management tutorials and semester
ii. Explain the need to manage discussion examination.
the economy to achieve forums.
macroeconomic objectives.
iii. Explain different types of
macroeconomic policies.
iv. Explain the impact of
macroeconomic policies on the
overall economy with special
reference to the Banking and
Financial sector.
9. Contempo- 10% i. Explain domestic issues. Interactive Case

rary economic lectures and analysis, end
issues ii. Explain international issues. discussion semester
iii. Explain interrelationships among forums. examination.
domestic and international
economic issues.
10. Sources of 05% i. Explain the sources of economic Interactive End

economic data: lectures and semester
data discussion examination.
a) Central Bank of Sri Lanka. forums.
b) Department of Census and
Statistics.
100%
• Fredric S Mishkin, Economics on Money, Banking and Financial Markets, 13th edition, Pearson.
• Blinder, A. S., Central Banking in Theory and Practice, Revised edition, The MIT Press.
• Sullivan, K., Financial Independence and Accountability for Central Banks, Central Banking
Publications Limited.
• Singleton, J., Central Banking in 20th Century, Cambridge University Press.
• Press Releases on Monetary Policy, Central Bank of Sri Lanka, (CBSL).
• Anniversary Publications, Central Bank of Sri Lanka, (CBSL).
Assessments:
semester.
Final Examination = 60%
Total = 100%

Learning time:
consisting of:
Total = 150 Hours

Course Title Principles of Law
Credit Value 04
Status Core
Level I
Semester II
Outcomes
1. Identify the fundamentals and basics in legal principles and legal system.
2. Identify the legal system in Sri Lanka.
3. Identify current legal requirements applicable to Banking and Financial institutions.
4. Identify the legal principles underlying financial transactions.
5. Explain the legality of financial transactions.
6. Identify salient features of important laws frequently applied in the banking and finance
area.
7. Apply the knowledge of the newly approved/passed acts by the government.
Course contents:

1. Sources of 10% i. Identify different legal systems in Interactive Mid semester

law and legal the world. lectures, examination
systems of Sri group
Lanka ii. Identify different categories of discussions,
law. and
iii. Identify sources of Sri Lanka law tutorials.
and influences of other nations.
i.e., Roman Dutch law, English
Law and personal laws in Sri
Lanka.
iv. Discuss the practical
applications in each and every
law.
v. Explain the practical applications
in Buddhist law, Hindu Law,
Mukkuwar Law in brief.

2. The court 10% i. Identify the court system in Sri Interactive Mid semester
system in Sri Lanka. lectures, examination
Lanka group
ii. Identify other statutes applicable discussions,
to the establishment of different and
courts in Sri Lanka. tutorials.
I.e., Judicature Act High Court
(Special Provisions) Act,
Mediation Board Act and
Arbitration Act.
iii. Explain the civil and criminal
jurisdictions in Sri Lanka.
iv. Identify the scope of each court:
I.e., Magistrate Court, District
Court, High Court, Supreme
Court Appellate Court.
v. Identify quasi-judicial activities.
I.e., Labour Tribunal, Quasi Courts.
vi. Explain alternate dispute
resolution mechanisms. I.e.
- Mediation Board
- Arbitration
- Conciliation
- Adjudication process
vii. Debt Conciliation Boards.

3. Banker – 20% i. Define Banker-Customer Interactive Mid-semester
customer relationship. lectures, examinations.
relationship group
ii. Explain primary and special discussions,
relationships of banker and and
customer. tutorials.
iii. Explain banker’s duties and
responsibilities.
iv. Explain duty of confidentiality:
a) Common law position.
b) Statutory positions.
c) Exceptions recognized by the law
and courts.
v. Explain legal positions of bank
statements and banker’s
opinions.
vi. Explain customer’s duty towards
bankers.
vii. Identify special requirements in
banker – customer relationships.
a) Nominations of beneficiaries.
b) Accounts opened and,
maintained by Buddhist
monks.
viii. Describe the termination of
Banker – Customer relationship.
ix. Explain the consumer protection:
a) Financial Ombudsman
Scheme.
b) Consumer Affairs Authority.
x. Identify the salient points in the
Customer Charter issued by the
CBSL for licensed Banks.
4. Law of 20% i. Identify key components of a Interactive Case analysis

Contract contract: lectures, and end
group semester
a) Offer discussions, examination.
b) Acceptance and
tutorials.
c) Offer and invitation to offer
d) Requirements to fulfill offer
e) Offer and declaration of
intention

f) Acceptance
g) Rules of Acceptance
h) Consideration:
• English Law Position
• R D L Position
i) Capacity of contract:
• Minors
• Persons with unsound mind
• Married woman
• Bankruptcy/insolvency
• Contract by legal persons
• Contract by
unincorporated
associations
ii) Identify factors that can
challenge the validity of
contract:
(a) Mistakes
(b) Misrepresentations
(c) Undue influence/duress
(d) Illegality
iii) Identity conditions and
warranties.
iv) Explain discharge of contracts.
(a) By performance
(b) Mutual agreement
(c) Frustration
(d) Breech of control
(e) Operation of law
v) Explain the remedies for breach
of contracts:
(a) Damages
(b) Specific performance
vi) Explain special norms in the law
of contract:
(a) Privity of controls
(b)Principles of Estopels

5. Law of 20% i. Explain the nature of property Interactive End semester
Property law operating in Sri Lanka. lectures, examination.
group
ii. Identify the classifications of discussions,
property. and
iii. Differentiate between tutorials.
immovable, movable and
tangible and intangible assets.
iv. Identify key components of the
ownership of property:
a) Right to use and enjoy
b) Right to possess
c) Right to alienate
v. Explain the legal requirement
relating to immovable
properties:
a) Notarial execution –
Prevention of Frauds
Ordinance.
b) Applicability of Registration of
Documents Ordinance.
c) Applicability of Registration of
Title Act.
d) Applicability of Apartment
Ownership Law.
e) Co-ownership
f) Perspective title
vi. Explain the legal requirements for
movable properties:
a) Applicability of the Secured
Transactions Act.
b) Applicability of Registration of
Documents Ordinance.
vii. Identify Securities in Bank
Lending:
a) Mortgage
b) Pledge
c) Pawning
d) Assignment of Life Insurance

e) Guarantees and Indemnities
f) Securitization
viii. Explain the applicability of Law
of Inheritance and Succession
over properties at the death of
the owners.
ix. Explain the legal restrictions to
accept collaterals.
6. Commercial 10% i. Explain the banking business. Interactive End semester

Law lectures, examination.
ii. Explain the law relating to group
negotiable instruments. discussions,
iii. Explain the various types of and
business entities: tutorials.
a) Sole proprietorships
b) Partnerships
c) Companies
d) Concept of limited liability of a
company
7. Anti-money 10% i. Explain the offense of Money Interactive Case analysis

Laundering Laundering. lectures, and end
Legal group semester
Framework ii. Explain the global structure on discussions, examination.
prevention of Money Laundering. and
iii. Identify practices of Money tutorials.
Laundering.
iv. Describe Sri Lanka’s position on
prevention of Money Laundering:
- Statutory requirements and
case law.
v. Identify practical scenarios
to explain how money
laundering takes place in Sri
Lanka having considered the
unlawful activities defined in the
prevention of Money Laundering
Act and Financial Transaction
Reporting Act.
100%

• L. J. M. Cooray, An introduction to the Legal System of Sri Lanka, 2017 publication, Stamford
Lake Publisher.
• M. J. A. Cooray, An outline of Laws and Legal System of Sri Lanka, 1994.
• Sinhala Translation by K. S. Wijesekera 2002.
• Dr. Wickrama S. Weerasooria, The Financial System, Banking and Cheque Law in Sri Lanka,
IBSL, 1998.
• Dr. Wickrama Weerasooria, A Text Book of Commercial Law (Business Law), 2010 – PIM.
• Dr. Wickrama Weerasooria, Banking and Cheque Law in Sri Lanka (Cases and Commentary),
• 2005, IBSL.
• Other Relevant Statutes passed by the Government (Acts).
Assessments:
semester.
Mid-term examination 40%
Final Exam 60%
Total 100%
Learning time:
consisting of:
Total = 200 Hours

Course Title Quantitative Techniques
Credit Value 04
Status Core
Level I
Semester II
Outcomes
1. Identify the importance of using mathematical and statistical tools and their applications in
the business of banking and finance.
2. Apply concepts and techniques in business mathematics and their computations.
3. Use mathematical tools in operations related to banking and finance.
4. Use inferential statistical techniques to assess specific behavioral and business situations.
5. Apply statistical tools in operations related to banking and finance.
6. Use both mathematical and statistical indicators to assess the operations of banking and
finance.
Course contents:

Introduction Identify the areas in the business Interactive Mid semester

of banking and finance where lectures, and end
mathematical and statistical group semester
tools are used for operational, discussions examination.
assessment and decision-making and
purposes. tutorials.
Part I - Basic 10% i. Recognize numbers:

Mathematics
a) Real numbers
1. Fundamental
operations b) Integers
with numbers c) Natural and Rational numbers
d) Prime numbers
e) Indices
f) Mathematical signs
g) Algebraic expressions
h) Logs

2. Mathematical 10% i. Compute basic mathematical Interactive Mid semester
operations operations: lectures, and end
group semester
a) Additions and Subtractions discussions examination.
b) Multiplications and Divisions and
tutorials.
c) Brackets
d) Equations
e) Graphs
f) Arithmetic progression
g) Geometric progression
3. Mathematics 20% i. Compute mathematics for Interactive Mid semester

for Banking banking and finance: lectures, and end
and Finance group semester
a) Simple interest discussions examination.
b) Compound interest and
tutorials.
c) Present Value, Future Value
and Discounting
d) Annuity
e) Capital Project Evaluation and
Methods.
Part II - Basic 5% i. Identify data: Interactive End semester

statistics and lectures, examination.
interpretations. a) Quantitative data group
b) Qualitative data discussions
4. Introduction and
to data c) Primary data tutorials.
d) Secondary data
e) Sources of data
5. Collecting 10% i. Explain sources of data and Interactive Case analysis,

data methods of collecting data: lectures, End semester
group examination.
a) Sources: discussions
i. Primary sources and
tutorials.
ii. Secondary sources
b) Methods:
i. Direct observations
ii. Sample surveys and techniques:
c) Secondary sources of data on
banking and finance

6. Presentation 10% i. Tabulate and presentation of Interactive Case analysis,
of data data: lectures, End semester
group examination.
a) Tables discussions
b) Graphs and
tutorials.
c) Diagrams
d) Frequency distributions
e) Histogram and Ogive
7. Statistical 20% i. Calculate statistical Interactive End semester

measure- measurements: lectures, examination
ments group
a) Measures of Central Tendency discussions
b) Quantiles, Deciles and and
Percentiles. tutorials.
c) Measures of dispersion
ii. Correlation and Regression:
a) Calculations
b) Interpretations
c) Estimations
iii. Index numbers:
a) Calculations
b) Interpretations
8. Use of 15% Interactive Case analysis,

statistics in lectures, End semester
banking and group examination
finance discussions
and
tutorials.
100%
• Clendenen, G. & Salzman, S., Business Mathematics, 14th edition, Pearson.

• Don., E., and Lerner, J., Basic Business Mathematics, 2nd edition (Schaum’s Outline Series),
McGraw-Hill Education.
• Sydsaeter. K, Hammond P.J., Strom A., & CarvajalA., Essential Mathematics for Economics
Analysis, 6th edition, Pearson.
• Levine, M.D., Krehbiel, T.E. and Berenson, M.L., Business Statistics: A First Course, 6th edition,
Pearson.

Assessments:
semester.
Mid-term examination = 40%
Final exam = 60%
Total = 100%
Learning time:
consisting of:

Total = 200 Hours

Course Title Principles of Management
Course Code DBF12084
Credit Value 04
Status Core
Level I
Semester II
Overall Learning
At the end of the course unit students should be able to:
Outcomes
1. Compare and contrast management approaches and describe the evolution of

management.
2. Apply knowledge and skills in identifying different managerial approaches to organizations
and their practical applicability in the current business context.
3. Demonstrate a working knowledge of fundamental terminology and frameworks in the four
functions of management: Planning, Organizing, Leading and Controlling.
4. Demonstrate knowledge on management functions and their practical applications.
5. Identify and apply appropriate management techniques for managing contemporary
organizations.
Course contents:

1. Introduction to 06% i. Define an organization; Interactive Mid-semester

Management identify its characteristics lectures and end
and classifications/types of and group semester
organizations. discussions. examination.
ii. Define the term ‘management’
and discuss the organizational
environment.
iii. Describe the management
functions and management as
a process.
iv. Discuss managerial skills
and how they contribute to
performance.
v. Discuss managerial roles and
how they influence managerial
performance.

2. The Evolution 08% i. Describe the importance Interactive Mid-semester
of Manage- of history and theory of lectures and end
ment Thought management. and group semester
ii. Discuss the evolution of
management from scientific era
to modern.
iii. Evaluate and discuss the
relevance of different
perspectives of management
theories.
iv. Identify and describe
contemporary management
practices.
3. Planning 08% i. Describe the term “Planning” Interactive Mid-semester

and explain the relationship with lectures and end
other functions of management. and group semester
ii. Explain its importance in
managing organizations.
iii. Explain vision, mission, goals,
objectives and strategies.
iv. Explain the basic sequential
steps involved in the planning
process and the types of plans in
an organization.
v. Describe benefits and barriers of
planning.
4. Management 08% i. Summarize the steps in making Interactive Case analysis,

Decision “rational” decision making lectures mid-semester
Making process. and group and end
discussions. semester
ii. Identify advantages and examination.
disadvantages of group decision
making.
iii. Explain methods to encourage
creative decisions.
5. Organization- 08% i. Explain how differentiation Interactive Mid-semester

al Design and and integration influence an lectures and end
Structure organization’s structure. and group semester
ii. dentify ways organizations can
be structured and pros and cons
of each type.
iii. Explain importance of and types
of integrative mechanisms.
6. Power and 06% i. Define and differentiate between Interactive Mid-semester

distribution of power and authority. lectures and end
authority and group semester
ii. Identify and describe the three discussions. examination.
types of authority.

7. The process 08% i. Discuss how companies use Interactive Case analysis,
of staffing/ human resources management lectures and end
human to gain competitive advantage. and group semester
resource discussions. examination.
management ii. Identify various methods for
selecting new employees.
iii. Identify different methods for
employee appraisal and reward
systems.
8. Managing 08% i. Describe how to manage and Interactive Case analysis,

organizational lead change effectively. lectures and end
change and group semester
ii. Define methods to overcome discussions. examination.
resistance to change.
iii. List tactics for proactive change.
iv. Discuss and compare various
types of change models.
9. Motivation 08% i. Define motivation. Interactive End semester

lectures examination.
ii. Explain the motivation process. and group
iii. Describe theories in motivatioN discussions.
and their implications.
10. Motivation 08% i. Discuss how teams can Interactive End semester
contribute to an organization’s lectures examination.
effectiveness. and group
discussions.
ii. Explain the stages of group
development.
iii. Distinguish the new team
environment from that of
traditional work groups.
11. Communica- 08% i. Define the communication Interactive End semester

tion process and understand the lectures examination.
importance of communication and group
to an organization. discussions.
ii. Describe the communication
process.
iii. Identify communication types
and forms.
iv. Identify the barriers to effective
communication and how to
overcome them.

12. Leadership 08% i. Describe leading as a function of Interactive Case
management. lectures analysis and
and group endsemester
ii. Define the terms related to discussions. examination.
leadership.
iii. Distinguish the leader and
Manager.
iv. Describe the Trait and
Behavioural approaches to
leadership.
v. Explain different styles of
leadership and theories.
12. Controlling 08% i. Explain why companies develop Interactive End-semester

control systems for employees. lectures examination.
and group
ii. Explain different types of discussions.
controlling mechanisms followed
by organizations.
iii. Identify procedures for
implementing effective control
systems.
100%
• Stoner, J., Freeman, R.E., Gilbert, D.R., Management, 6th edition, Pearson.
• Robins, S, P., Cenzo, D.A.D., Coulter, M., Fundamentals of Management, 11th edition, Pearson.
• Harvard Business Review
Assessments:
semester.
Mid-term examination = 40%
Final exam = 60%
Total = 100%
Learning time:
onsisting of:
Total = 200 Hours

Course Title Ethics and Client Management
Credit Value 03
Status Optional
Level I
Semester II
Outcomes
1. Identify different types of financial customers, their importance, relationships and risk
towards various types of financial products and services.
2. Explain managing of clients’ trust and confidence through various customer protection
initiatives.
3. Explain the nature of ethics and its application to society, business and the banking
profession.
4. Explain the need and requirements for banking students and members in adopting the
highest standards and regulating of ethical behaviour.
5. Identify ethical dilemmas and how they may be resolved.
Course contents:

1. Introduction to 10% i. Define a customer of a financial Interactive Mid semester

client man- organization; identify different lectures and and end
agement and types of financial customers; discussion semester
their relation- depositors, borrowers, investors forums. examination.
ships and payment service customers,
any other service obtaining
customers and their importance
to the organization and to the
economy.
ii. Define the various types of
financial customers based on
their risk appetite; risk averse,
risk neutral and risk lover.
iii. Define the various types of
financial products and services,
their benefits and risks to
both clients and the financial
organization.

2. Managing cli- 15% i. Describe the importance of Interactive Case analysis,
ents trust and trust and confidence in client lectures, mid semester
confidence management. tutorials and and end
discussion semester
ii. Discuss the various initiatives forums. examination
taken by respective financial
institutions to build up customer
confidence and trust.
iii. Identify and describe various
customer protection frameworks
introduced by different
regulators: Customer Charter,
Financial Ombudsman, Deposit
Insurance and Liquidity Support
Scheme, Credit Counselling
Centre and Credit Information
Bureau (CRIB).
3. Nature of 15% i. Describe the term “Ethics” and Interactive Case analysis,
ethics and its “Business ethics”. lectures and mid semester
applications discussion and end
ii. Explain its importance forums. semester
in managing financial examination.
organizations.
iii. Explain benefits to an
organization that practices
ethics.
iv. Explain typical issues in business
ethics.
4. Fundamen- 15% i. Explain the fundamental ethical Interactive Mid semester

tal ethical principles which form the very lectures and and end
principles foundations of reasoning and discussion semester
and personal professional practice, integrity, forums. examination.
qualities objectivity, professional
competence and due care,
confidentiality and professional
behaviour.
ii. Identify the need for members
of the profession to develop
certain qualities. e.g., reliability.
responsibility, timeliness,
courtesy and respect.
5. Approaches 15% i. Explain the two approaches to Interactive End semester

to ethics and formulating a code of ethics; a lectures and examination.
concepts rule-based and a framework discussion
approach. forums.
ii. Explain the concepts of
independence, skepticism,
accountability and social
responsibility.

6. Ethical 15% i. Define ethical dilemmas and Interactive Case analysis
dilemmas conflict of interest. lectures and and end
and conflict of discussion semester
interest ii. Identify and resolution of both forums. examination.
dilemmas and conflict of
interest.
iii. Explain what is financial
misselling
7. CVs, cover 15% i. Define ethical threats and Interactive Case analysis
letters, safeguards. lectures and and end
personal discussion semester
statements ii. Identify different types of ethical forums. examination.
and job threats.
descriptions iii. Discuss how ethical threats
and safeguards approach to
resolving ethical issues including
whistle blowing, grievances,
regulations and laws.
100%
• Villa,J., Ethics in Banking: The Role of Moral Values and Judgements in Finance, 1st edition,
Palgrave Macmillan.
• Stoner, J., Freeman, R.E., Gilbert, D.R., Management, (Latest edition), Pearson Education, Delhi.
• Related case studies Harvard Business Review.
• Code of Ethics for Professional Accountants, Institute of Chartered Accountants of Sri Lanka
(latest amendments).
Assessments:
semester.
Mid-semester examination = 40 %
Final exam = 60%
Total = 100%
Learning time:
consisting of:
Total = 150 Hours

Course Title Principles of Marketing
Credit Value 03
Status Optional
Level I
Semester II
Outcomes
1. Describe marketing and marketing process.

2. Explain the elements of marketing mix.
3. Explain the market place and customer value.
4. Discuss the environmental factors and information needed for marketing decisions.
5. Describe the behavioural aspects of customers and customer decision process.
6. Explain market segmentation, targeting and positioning.
7. Describe marketing strategy and marketing mix driven by customer value.
Course contents:

1. Marketing and 05% i. Define marketing. Interactive Mid semester

marketing lectures and and end
process ii. Explain the market and discussion semester
customer. forums examination.
a) Marketing
iii. Explain marketing strategy.
iv. Explain customer relationships
v. Explain changing environment.
b) Organization 15% i. Explain strategic planning. Interactive Case analysis,

and market- lectures and mid semester
ing strategy ii. Explain marketing strategy. discussion and end
iii. Explain marketing mix. forums semester
examination.
iv. Explain managing marketing
effort.
v. Explain measuring returns.
3. Market place 10% i. Define and explain micro and Interactive Mid semester
and customer macro environment. lectures and and end
value discussion semester
ii. Define and explain demographic forums. examination.
a) Analyzing the and economic environment.
marketing
iii. Define and explain natural and
technological environment.
iv. Define and explain political,
social and cultural environment.

b) Managing 10% i. Identify Marketing information Interactive Mid semester
marketing and customer insights. lectures and and end
information discussion semester
ii. Assess and develop information forums examination.
and data.
iii. Explain marketing research.
iv. Analyze information and data.
v. Use the findings.
c) Consumer 10% i. Explain the model of customer Interactive Case analysis

markets behavior. lectures and and end
and buyer discussion semester
behavior ii. Identify characteristics affecting forums examination.
customer behavior.
iii. Explain buyer decision behavior.
iv. Explain buyer decision process.
d) Business 10% i. Explain business markets Interactive Case analysis

markets and lectures and and end
business ii. Describe business buyer discussion semester
buyer behavior. forums examination.
behavior iii. Describe business buyer
decision process.
iv. Explain digital and social
marketing.
v. Explain Institutional and
government markets.
7. Designing a 10% i. Explain market segmentation. Interactive Case analysis

marketing lectures and and end
strategy and ii. Explain market targeting. discussion semester
marketing iii. Explain differentiation and forums examination.
mix driven positioning.
by customer
value
a) Creating
value for
target
customers
b) Building 10% i. Explain what is a product? Interactive End semester

customer lectures and examination.
value ii. Explain product and service discussion
decisions. forums
iii. Explain service marketing.
iv. Explain branding strategy.

c) Developing 10% i. Discuss new product developing Interactive End semester
products and strategy. lectures and examination.
managing the discussion
Product Life ii. Explain new product developing forums.
Cycle process.
iii. Explain Product Life Cycle
Strategies.
iv. Explain additional product and
service considerations.
d) Under- 10% i. Define price. Interactive End semester

standing and lectures and examination.
capturing ii. Explain major pricing strategies. discussion
customer iii. Discuss other internal and forums.
value external considerations.
100%
• Baines P., Fill C. and Page K., Essentials of Marketing. (Illustrated Edition), Oxford University
Press.
• Kotler P., Keller K.L., Koshy A. and Jha M., Marketing Management: A South Asian Perspective,
13th edition, Pearson Education
• Kotler P., Armstrong G., and Balasubramanian S., Principles of Marketing, 19th edition, Pearson
• Charles W. Lamb., Joe F. Hair, & Carl McDaniel., MKTG, 13th edition, Cengage Learning.
Assessments:
semester.
Final exam = 60%
Total = 100%
Learning time:
consisting of:
Total = 150 Hours

Course Title Business Communication
Credit Value N/A
Status Compulsory
Level I
Semester II
Outcomes
1. Demonstrate the ability to initiate conversations: greeting, introduction, small talk, farewell.
2. Describe and demonstrate important features of different types of communication.
3. Conduct effective presentations and report writing.
4. Demonstrate and conduct business correspondence effectively through different
communication channels.
5. Use markers of politeness as appropriately.
6. Prepare reading materials from students’ areas of study, newspapers and magazines.
7. Disseminate information to different stakeholders effectively.
8. Develop CVs, cover letters, personal statements and job descriptions.
9. Conduct / face an interview effectively.
10. Describe and demonstrate important features of an effective negotiation session.
Course contents:

1. Dialogues, 08% i. Demonstrate the ability to Interactive Mid semester

short speech- initiate conversations: greeting, lectures and end-
es and other introduction, small talk, farewell. and group semester
forms of oral discussions. exam.
communi- ii. Provide responses to queries
catio from various stakeholders
(customers, regulatory
authorities, etc.).
iii. Articulate ideas and views
effectively.
iv. Listen to ideas of others in a
balanced point of view.
2. Different types 08% i. Describe and demonstrate the Interactive Mid semester
of communi- important features of: lectures and end-
cation and group semester
a) Bottom-up /Top-down discussions. exam.
communication
b) Vertical communication
c) Peer group communication

3. Effective 20% i. Prepare business reports Interactive Mid semester
presentations and proposals: structure of lectures, and end-
and report reports and proposals, visual guest semester
writing presentation of information lectures, exam.
using tables, figures, exhibits, etc. workshops.
ii. Prepare board papers.
iii. Demonstrate effective stage
presentations.
iv. Address different forums.
v. Respond to queries from various
stakeholders.
4. Business cor- 15% i. Correspond via letters, memos, Interactive End-semester

respondence e-mails, circulars and other lectures exam.
through dif- forms of formal business and group
ferent com- correspondence. discussions.
munication
channels ii. Correspond through telephone:
making and receiving calls,
handling different types of calls,
etiquettes and politeness.
iii. Correspond through modern
communication methods/
technology.
5. Reading 20% i. Prepare student notes. Interactive End-semester

materials lectures exam.
from students’ ii. Use the vocabulary related to and group
areas of the world of business. discussions.
study, iii. Discuss subject related materials
newspapers in English.
and
magazines iv. Write summaries of written
materials.
v. Write reports based on small-
scale research.
vi. Identify common grammatical
errors and errors in
pronunciation.
6. Dissemination 05% i. Provide relevant information to Interactive End-semester

of information customers, regulatory authorities lectures, exam.
to and general public effectively. guest
stakeholders lectures,
ii. Provide information based on discussion
the ‘Right to Information Act’ and forum.
Data Protection Act.
7. CVs, cover 08% i. Develop effective CVs and cover Interactive End-semester
letters, letters. lectures, exam.
personal guest
statements ii. Prepare effective job lectures,
and job descriptions. discussion
descriptions iii. Prepare personal profiles/ forum.
statements using modern
platforms.

8. Facing/ 10% i. Describe and demonstrate Interactive End semester
conducting important features of an lectures, examination.
an interview effective interview: guest
and meetings lectures,
a) What to talk discussion
b) When to talk forum.
c) Body language
d) Eye contact
e) Etiquettes, politeness and
manners.
ii. Conducting official meetings
and preparation of minutes.
9. Negotiation 06% i. Describe and demonstrate Interactive End-semester

skills important features of an lectures exam.
effective negotiation session: and group
discussions.
a) Use effective body language.
b) Build up logical arguments.
c) Summarize facts.
d) Ability to compromise
meaningfully.
100%
• Alexander, R. & Jones, L., New International Business English, 2003, Cambridge University
Press, Cambridge.
• Folse, K. S. Maahnke, M. K., Solomon, E. V., Willians, L., Blueprints I: Composition Skills for
Academic Writing, 2003, Houghton Mifflin.
• Mascull, B., Business Vocabulary in Use, 2002, 3rd Edition Cambridge University Press.
• Murphy, R., Essential English Grammer, 2007, Cambridge University Press
Assessments:
Students are required to do assignments, mid-semester exams and face the final exam at the
end of the semester.
Mid-semester exam / Assignment = 40 %
Final exam = 60%
Total = 100%
Students are required to obtain a minimum of 50% from the mid semester examination and 50%

Learning time:
consisting of:
Total = 150 Hours

HDBF
Higher Diploma in Banking and Finance

1. DETAILED STRUCTURE OF THE SYLLABUS:
HIGHER DIPLOMA IN BANKING AND FINANCE (HDBF)
Table 09 below outlines the subjects of the Higher Diploma in Banking and Finance with the relevant
codes and the status.
Table 09: Subjects in Higher Diploma in Banking and Finance (HDBF)
Course Title Course Code Status Credits
Central Banking and Monetary Policy HDBF 21124 04
Law Relating to Banking and Practice of

Semester - I
HDBF 21134 Compulsory 04

Banking
Credit Management HDBF 21144 04
International Trade and Finance HDBF 21153 03

*Optional
Corporate Governance and Ethics HDBF 21163 03
Compliance and Regulations HDBF 22174 04
Risk Management and IS Security HDBF 22184 Compulsory 04

Semester - II
Strategic Leadership HDBF 22194 04
Advanced Quantitative Techniques HDBF 22203 03
Financial Management and Treasury *Optional

HDBF 22213 03
Operations
Total Credits 30
*Students are required to select any one (01) subject out of the two (02) optional subjects offered
in each semester.

Course Title Central Banking and Monetary Policy
Course Code HDBF 21124
Credit Value 04
Status Core
Level II
Semester I
Outcomes
1. Explain the money and monetary system.

2. Distinguish between money and capital markets and their products.
3. Explain the importance of monetary management and the mechanism of implementing
monetary policy.
4. Define interest rates and explain the mechanism of interest rate determination.
5. Explain the international dimensions of financial operations and the determination of
exchange rates.
6. Explain the impact of fiscal operations on the monetary sector and monetary management.
7. Explain the interrelationships among the real sector, fiscal sector, financial sector, the and
external sector.
8. Describe the recent trends in monetary management and contributory factors.
Course contents:

1. Introduction to 05% i. Explain the characteristics of Interactive Mid semester

money and, money. lectures and and end
monetary discussion semester
& financial ii. Identify key components of a forums. examination.
systems monetary system.
iii. Explain evolving trends in the
monetary system.
2. Brief overview 05% i. Distinguish between the money Interactive Mid semester
of money market and the capital market. lectures and and end
market discussion semester
and capital ii. Identify the characteristics of forums. examination.
market money market instruments and
capital market instruments.
iii. Identify different sub-markets
under money market and capital
markets.
iv. Explain the interrelationships
between money and capital
markets.

3. Monetary 25% i. Identify the importance of Interactive Case analysis,
management monetary management. lectures and mid semester
and monetary discussion and end
policy ii. Explain the role of the Central forums. semester
Bank in monetary management. examination.
iii. Define the monetary policy and
its objectives.
iv. Identify the distinctive
characteristics of different types
of conducting monetary policy.
v. Identify the monetary policy
instruments and their usage.
vi. Explain the monetary policy
transmission mechanism.
vii. Discuss the limitations of
achieving the objectives of
monetary management.
viii.Discuss recent trends in
domestic and international
monetary management.
4. Interest rates 15% i. Define interest rate. Interactive Mid semester

lectures and and end
ii. Explain different dimensions of discussion semester
interest rates. forums. examination
iii. Explain the determination of
interest rates.
iv. Distinguish between different
theories of interest rates.
v. Identify the characteristics of the
term structure of interest rates
and related theories.
vi. Explain the link between the
policy interest rates and market
interest rates.
5. International 15% i. Explain the nature of financial Interactive Case analysis

dimensions flows across national borders. lectures and and end
of monetary discussion semester
management ii. Explain the impact of forums. examination.
international financial flows on
the domestic financial markets
and their operations.
iii. Explain the link between
international interest rates and
domestic policy and market
interest rates.
iv. Discuss recent trends in the
international market interest
rates and domestic market
interest rates.

6. Fiscal 15% i. Explain the nature of government Interactive Case analysis
dimensions fiscal operations in brief. lectures and and end
of monetary discussion semester
management ii. Identify the impact of fiscal forums. examination.
operations on the financial
markets.
iii. Discuss the challenges on
monetary management amidst
the impact of fiscal operations.
7. Interdepen- 15% i. Identify key macroeconomic Interactive Case analysis

dence among indicators representing different lectures and and end
the real sectors of the economy. discussion semester
sector, finan- forums. examination.
cial sector, ii. Identify the interdependence
fiscal sector among the key macroeconomic
and exter- indicators.
nal sector in iii. Examine the challenges of
the context selecting the proper monetary
of monetary policy approach considering all
management macroeconomic developments.
8. Central Bank 10% iii. Explain the concept of Central Interactive End semester
indepen- Bank independence and its lectures and examination.
dence importance in the context of discussion
macroeconomic management. forums.
iv. Identify different views on
the degree of Central Bank
independence.
v. Examine the experience of
different countries with respect
to Central Bank independence
and the nature of supportive
environment.
100%
• Mishking, F.S., The Economics of Money, Banking, and Financial Markets, 13th Edition, Pearson.
• Blinder, A. S., Central Banking in Theory and Practice, Revised edition, The MIT Press.
• Sullivan, K., Financial Independence and Accountability for Central Banks, Central Banking
Publications Limited, 2016.
• Singleton, J., New edition, Central Banking in the 20th Century, Cambridge University Press.
• Press Releases on Monetary Policy, Central Bank of Sri Lanka, (CBSL).
• Anniversary Publications, Central Bank of Sri Lanka, (CBSL).

Assessments:
semester.
Final exam = 60%
Total = 100%
Learning time:
Being a 04-credit course unit, the notional learning time for the course unit is 200 hours (04*50)
consisting of:
Face-to-face contact time: = 60 hours
Directed self-study = 40 hours
Self-directed learning experience = 40 hours
Assessment, review and revision = 60 hours
Total = 200 Hours

Course Title Law Relating to Banking and Practice of Banking
Credit Value 04
Status Core
Level II
Semester I
Outcomes
Acquire knowledge of law relating to banking and the ability to map the legal principles with the
practical issues in day-to-day banking operations.
1) Explain the law relating to negotiable instruments.
2) Explain the salient points of Law of Agency.
3) Describe the legal aspects of securities / collaterals in bank lending.
4) Describe the legal aspects of debt / money recovery.
5) Explain the law relating to electronic transactions.
6) Explain the salient features of the Company Law in Sri Lanka
7) Describe law relating to prevention of money laundering and terrorist financing.
8) Explain Law of Succession.
Course contents:


1. Law relating 20% i. Identify the legal nature of Interactive Mid semester
to negotiable negotiable instruments. lectures and and end
instruments discussion semester
ii. Identify the legal nature of Bills forums. examination.
of Exchange Ordinance No. 25 of
1927.
iii. Identify the law relating to
cheques.
iv. Identify parties involved
including the practical aspects
of negotiable instruments:
• Drawer
• Drawee
• Payee
• Accommodation Party
• Endorser
v. Identify negotiability and
transferability.
vi. Explain the differences between
Bills of Exchange and cheque /
dual aspect of a cheque.
vii. Explain the endorsement of a Bill
of Exchange.
viii. Explain the rules relating to
crossings on cheques.
ix. Explain different types of folders
of Bills of Exchange.
x. Explain the banker’s duty on
crossed cheques.
• Paying banker
• Collecting banker
• Statutory provisions
and case law relating to
cheques.
xi. Identify the criminal aspect
of cheque returns and
countermanding of cheques
under the Debit Recovering Act
No. 2 1990 (As amended).
xii. Recognize the cheque imaging
and truncation system in Sri
Lanka and the settlement
system.
xiii. Explain the provisions relating to
cheque imaging and truncation
in the Payment and Settlement
System Act.

2. Law of Agency 10% i. Explain Agency as a concept Interactive Case analysis,
different from other relationships. lectures and mid semester
discussion and end
ii. Explain the law relating to forums. semester
agency applicable in Sri Lanka. examination.
iii. Identify the methods of creating
an Agency.
iv. Explain the duties of Agents
towards the Principal.
v. Explain the rights of Agents
against the Principal.
vi. Explain circumstances where
Agent can be held personally
liable.
3. Securities/ 10% i. Identify types of securities. Interactive Mid semester

collaterals in lectures and and end
bank lending ii. Explain the legal aspects in discussion semester
acceptance of collaterals. forums. examination.
iii. Identify the legal instruments
relating to the acceptance of
collaterals.
iv. Explain the documentary
requirement imposed by law.
v. Explain limits imposed by
regulatory institutions on certain
lending transactions.

4. Debt/money 15% i. Explain the devolution of money Interactive End semester
recovery lending. lectures and examination.
discussion
ii. Identify the salient features of forums.
Money Lending Ordinance.
iii Explain the general actions
against money/debt recovery.
iv Explain the law relating to
mortgages.
v Identify the legal nature of debt
recovery laws:
a) Debt Recovery (Special
Provisions) Act No. 2 of 1990
(As amended).
b) Recovery of loans by banks.
(Special provisions) Act No 4
1990 (As amended) (Practical
aspects).
vi Identify the legal nature of
recovery laws introduced by
other statutes:
a) Civil Procedure Code.
b) Trust Receipt Ordinance.
c) Consumer Credit Act.
d) Finance Leasing Act.
5. Law relating 08% i. Explain the international legal Interactive Case analysis
to electronic position. lectures and and end
transactions discussion semester
ii. Identify the legal nature of forums. examination.
Electronic Transaction Act No. 19
of 2006 and key amendments in
2017.
iii. Explain the exceptions of
applicability of the Act.
iv. Identify the legal nature of
the provisions of the Payment
Devices Frauds Act.
v. Discuss the issues relating to
electronic transactions.

6. Company Law 12% i. Identify the legal nature of Interactive End semester
in Sri Lanka Company Law in Sri Lanka. lectures and examination.
discussion
ii. Explain the differences between forums.
a partnership and a company.
iii. Identify the legal nature of
Companies Act No 7 of 2007.
iv. Identify the resolution measures
of companies.
v. Identify the corporate
governance principles relating
to licensed banks issued by CBSL
and SEC.
7. Law relating 08% i. Identify the legal framework on Interactive Case analysis
to prevention Anti Money Laundering relevant lectures and and end
of money acts. discussion semester
laundering forums. examination.
and terrorist ii. Identify the authority of FIU to
financing impose penalties to ensure
(Practical compliance.
aspects) iii. Explain the functions of
supervisory authority and
auditors.
iv. Identify offenses.
v. Identify the key regulations
issued by FlU within the Anti–
money laundering framework in
Sri Lanka.
8. Law of 07% i. Explain the law relating to Interactive End semester

Succession Inheritance and Succession. lectures and examination.
(Practical discussion
aspects) ii. Explain the law relating to forums.
Last wills and Testamentary
Proceedings.
iii. Recognize the nomination of
beneficiaries to a bank account.
iv. Recognize trust accounts/
custodian services performed by
licensed banks.
9. Pawning 05% i. Discuss the salient points in the Interactive End semester
Ordinance Pawning Ordinance. lectures and examination.
discussion
forums.
10. Leasing 05% i. Discuss the salient points in the Interactive End semester
Ordinance Leasing Ordinance. lectures and examination.
discussion
forums.
100%

• Indian Institute of Banking & Finance, Accounting and Finance for Bankers, 4th edition,
Macmillan Education.
• Indian Institute of Banking & Finance, Bankers’ Handbook on Accounting, June 2018 edition
Taxmann Publications Pvt. Ltd.
• Sri Lanka Accounting Standards (Latest edition), Institute of Chartered Accountants of Sri
Lanka (CASL).
Assessments:
semester.
Final exam = 60%
Total = 100%
Learning time:
consisting of:
Total = 200 Hours

Course Title Credit Management
Credit Value 04
Status Core
Level II
Semester I
Outcomes
Course Aim: Banks raise funds from surplus units and lend to the deficit units to support the real
sector for productivity. To do this effectively, bank employees must acquire adequate knowledge
of lending and credit administration as well as proper analysis of the same.
This programme is therefore designed to provide participants with analytical skills that will enable
them to appraise sound lending propositions for management consideration and approval in
order to enhance the bank’s bottom line.
Intended Learning Outcomes:

At the end of this course unit, students should be able to;
1. Identify bank lending criteria and the decision-making process.
2. Develop skills in the presentation, analysis and interpretation of financial statements for
lending decisions.
3. Apply knowledge of credit portfolio management and reporting as well as problem loan
resolution.
4. Apply knowledge of sound credit administration principles and procedures.
5. Identify the peculiar challenges (human and environmental) of lending in Sri Lanka and how
to overcome them.
6. Identify appropriate financing options for credit customers.
7. Identify and implement various strategies necessary for detecting and recovering bad
debts.
Course contents:

1. Overview 08% i. Identify the primary and Interactive Mid semester

of lending secondary functions of a bank. lectures and and end
activity discussion semester
ii. Explain directed lending and forums. examination.
normal lending.
iii. Explain corporate and retail
banking.
iv. Identify requirements for
effective lending.

2. Principles and 10% i. Identify the objectives of credit Interactive Mid semester
objectives management. lectures and and end
of credit discussion semester
management ii. Explain the qualities of a good forums. examination.
borrower.
iii. Explain the role of Credit
Information Bureau.
iv. Explain the cardinal principles of
bank lending.
v. Explain the stages in a “Credit
Cycle”.
vi. Explain the client/customer
acceptance criteria.
vii. Explain the credit disbursement
process.
viii. Explain the checklist for branch
managers.
3. Credit policy 12% i. Explain the meaning of credit Interactive Mid semester
in banks policy of a bank. lectures and and end
discussion semester
ii. Discuss three types of credit forums. examination.
culture.
iii. Identify the objectives of a sound
credit policy.
iv. Identify the regulatory
requirements under credit policy.
v. Explain the credit policy as a risk
management tool.
vi. Explain the Central Bank
directions and requirements of
accounting standards on credit
risk (NPL classification and credit
impairment).
4. Types of 10% i. Recognize various types of Interactive Mid semester

borrowers borrowers. lectures and and end
discussion semester
ii. Identify special features of each forums. examination.
type of borrower.
iii. Identify salient points to be
noted while dealing with Minors.
iv. Explain the limited liability
company as a borrower.
v. Use of environmental analysis
(SWOT Analysis).

5. Analysis of 12% i. Explain the meaning of financial Interactive End semester
financial statements. lectures and examination.
statements discussion
ii. Explain the Directors’ forums.
responsibility statement.
iii. Identify users’ information needs.
iv. Explain the qualitative
characteristics of financial
statements.
v. Explain the quantitative tools of
financial statement analysis.
vi. Prepare comparative financial
statement analysis.
vii. Prepare common size financial
statement analysis.
viii. Prepare ratio analysis.
ix. Prepare funds flow analysis.
x. Prepare cash flow analysis.
xi. Discuss the limitations of
financial statement analysis.
xii. Explain creative accounting/
window dressing.
6. Credit 10% i. Explain the meaning of working Interactive End semester

evaluation- capital. lectures and examination.
working discussion
capital ii. Identify different kinds of working forums.
finance capital.
iii. Explain the Operating cycle.
iv. Identify the factors affecting the
level of working capital.
v. Explain the assessment of
working capital.
7. Types of credit 08% i. Identify different types of Interactive Case analysis

facilities facilities. lectures and end semester
discussion examination.
ii. Explain overdraft, cash credit, forums.
bills facility, and term loans.
iii. Explain fund-based and non-
fund-based facilities.
iv. Explain Bank Guarantee (BG).
v. Explain the Letter of Credit (LC).

8. Credit admin- 10% i. Identify the meaning and Interactive Case analysis
istration-doc- importance. lectures and end semester
umentation discussion examination.
ii. Evidence. forums.
iii. Explain the steps involved in
documentation.
iv. Explain the procedure for
execution of documents.
v. Explain attestation, registration
and renewal of documents.
vi. Explain the documents normally
obtained from borrower
(constitution-wise).
vii. Explain the types of charges:
• Hypothecation, pledge, lien,
assignment.
• Different types of mortgages.
9. Credit 10% i. Identify the meaning and Interactive Case analysis

administra- importance of monitoring. lectures and end semester
tion-mon- discussion examination.
itoring and ii. Explain the pre-disbursement forums.
follow-up and post-disbursement care.
iii. Differentiate between off-site
and on-site monitoring.
iv. Identify unit inspection.
v. Identify early warning signals.
vi. Identify unfair practices normally
adopted by borrowers.
10. Recovery 10% i. Explain legal and non-legal Interactive Case analysis
management recovery measures. lectures and end semester
and loan discussion examination.
restructure, ii. Explain loan restructuring, forums.
reschedule, reschedulement, and
and rehabilitation.
rehabilitation iii. Explain the debt recovery actions
under civil procedure.
iv. Explain the debt recovery actions
under Debt Recovery Acts.
v. Explain the composite
settlement.
100%

• S. Murali/K.R. Subbakrishna, Bank Credit Management, 3rd edition, Himalaya Publishing House.
• Joseph C., Advanced Credit Risk Analysis and Management, 1st edition, Wiley
• S. Scott MacDonald/ Timothy W. Koch, Management of Banking, 8th edition.
• Justin Paul/ Padmalatha Suresh, Management of Banking and Financial Services, 4th Edition,
Pearson India.
Assessments:
semester.
Final exam = 60%
Total = 100%
Learning time:
consisting of:
Total = 200 Hours

Course Title International Trade and Finance
Credit Value 03
Status Optional
Level II
Semester I
Outcomes
1. Explain the conceptual framework for international trade, buyer-seller relationship, risks of
trading, the role of international organizations and the impact of imports and exports on the
country’s balance of payments.
2. Distinguish between the four primary settlement methods.
3. Select the most appropriate settlement method or combination of methods for a given
scenario.
4. Explain the application of URC 522 for documentary collections and discuss key areas.
5. Explain the role of documentary credit in international trade and the scope and application
of UCP 600 and its key articles.
6. Identify various other instruments used for international trade and for finance of international
trade.
7. Explain the basic roles and responsibilities of seller and buyer, delivery, risks and costs in the
incoterms 2020 rules.
8. Explain the foreign exchange regime for international trade.
Course contents:


1. Introduction to 10% i. Explain the benefits of Interactive Case analysis,
International international trade and its role in lectures, mid semester
Trade economic development. tutorials and end
and group semester
ii. Discuss the concept of Absolute discussions. examination.
Advantage and Comparative
Advantage in international trade.
iii. Distinguish between domestic
and international trade.
iv. Explain the risks of international
trade and intelligent risk
management approaches.
v. Identify different documents
used in international trade and
their purpose.
vi. Explain the significance of the
Bills of Exchange Ordinance and
its influence on international
trade.
vii. Explain the role of the World
Trade Organization and the
International Chamber of
Commerce in the multilateral
framework for trade.
viii. Recognize the parties involved
in international trade.
ix. Evaluate the influence of external
factors in international trade
markets.
x. Explain the usage of
international payment methods.
xi. Explain the nature of contingent
liability.
2. International 15% i. Explain the significance and Interactive Case analysis,

payment features of the contract of sale. lectures, mid semester
options tutorials and end
ii. Describe the functionality and and group semester
differentiate between the four discussions. examination.
primary payment methods:
• Advance payment
• Open account
• Documentary collections
• Documentary credits
iii. Identify the major risks to
exporters on open account trade
and how to mitigate those risks.
iv. Identify the limitations on
advance payments by import &
export control dept.

v. Identify the risks under advance
payment.
vi. Identify the Uniform Rules for
Collections (URC 522) and its
application in Documentary
Collections.
vii. Recognize Sight and Term Bills of
Exchange.
viii. Explain the mechanism of:
a) Documentary collection
b) Form and structure of
collection (URC 522 Art 4)
c) Form of presentation (URC 522
art 5-8)
d) Risks involved with DP and DA
collection.
e) Liabilities and responsibilities
for documentary collections.
f) Various disclaimers (discuss
URC 522 Art 11-15).
g) Payments under doc.
collection (Art 16-19).
h) Interest/ charges / &
expenses (Art 20-21).
i) Other provisions (URC 522 Art
22-26).
j) Various relationships between
parties of a collection.
k) Financing import/ export
collections and some issues
and problems.
l) Bank advances against
avalized bills and general
guidelines to Avalization.

3. Documentary 20% i. Describe the roles and Interactive Case analysis,
Credits and responsibilities of parties lectures, mid semester
ICC UCP600 involved in a documentary tutorials and end
(International credit. and group semester
Chamber of discussions. examination.
Commerce ii. Identify the key fields of a
- Uniform documentary credit application
Customs & in relation to UCP 600.
Practice for iii. Determine pre-issuance
Documentary considerations and
Credits) requirements (Discuss UCP 600
Art 4-7).
iv. Review the documentary
credit application to determine
whether it has been completed
in a manner that is acceptable
to the bank’s policy, regulatory
framework and is within the
terms of a credit facility granted
to the customer.
v. Advice on documentary credits
and amendments (UCP 600 Art 9
and 10).
vi. Explain the implications of
adding confirmation (Art 8).
vii. Explain the terms honour,
negotiation and prepay and
purchase.
viii. Identify the availability of doc.
credit and payment. (UCP art 6).
ix. Identify and apply standard for:
a) examination of documents
(UCP art 14).
b) Handling of discrepant
documents (Art 16).
c) Nominating banks
responsibilities (Art 12).
d) Bank to bank reimbursements
(art 13).

e) Complying presentation (art
15).
f) Commercial invoice (art 18).
g) Extension of expiry or last day
for presentation (art 29).
h) Tolerance in credit amount,
quantity and unit prices (art
30).
i) Partial drawings or shipments
(art 31).
j) Instalment drawings or
shipments (art 32).
k) Disclaimer on transmission
and translation (art 35).
l) Force majeure (art 36).
m) Assignment of proceeds (art
39).
4. Special forms 10% i. Identify the features of the Red Interactive Case analysis
of Letters Clause, Revolving, Transferable, lectures, and end
of Credit, Back-to-back Documentary tutorials semester
Standby Credit and the requirements, and group examination.
Letters scope and application of these discussions.
of Credit documentary credits in a
and ISP 98 practical context.
(International
Standby ii. Identify the operations of
Practices) transferable documentary
credits and applicability of UCP
600 art 38.
iii. Recognize risks under back-to
-back documentary credits and
comparison of back-to-back
and transferable credits.
iv. Explain the terminology used in
International Guarantees/Bonds
and Standby Credits.
v. Describe the principal uses of
international
guarantees/bonds and standby
letter of credit.
vi. Explain the application of
Uniform Rules for Demand
Guarantees (URDG 758).
vii. Identify the key elements of
International Standby Practices
(ISP 98).

5. International 15% i. Explain the role of transport in Interactive Case analysis,
transport international trade. lectures, and end
and the role tutorials semester
of transport ii. Explain international logistics and group examination.
documents management: sea, air, rail-road discussions.
and multimodal transport.
iii. Distinguish between charter
parties, liners and forwarders.
iv. Explain the features and
characteristics of different
types of transport documents
used in sea, air, road and rail,
containerized and multimodal
transport (Discuss UCP art 19-
25).
v. Explain the role of the Bill of
Lading as a central document in
vi. Explain the nature and purpose
of shipping guarantees in trade
facilitation.
vii. Explain the significance of cargo
insurance and key features of an
insurance policy (art 28 of UCP
600).
viii. Discuss the connection between
the duty to insure vs the
commercial need to insure.
6. Incoterms 10% i. Explain a set of eleven of the Interactive Case analysis,

2020: ICC most commonly used three lectures, and end
rules for letter trade terms such as FOB, tutorials semester
the use of CIF, DAP, etc. and group examination.
domestic and discussions.
international ii. Explain what incoterms rules do’s
trade terms and don’ts and how they are
best incorporated.
iii. Explain the eleven incoterms’
rules discussed under “sea and
inland waterway” and “any
mode(s) of transport”.
iv. Explain the basic roles and
responsibilities of seller and
buyer, delivery, risk and costs.
v. Explain how best to choose the
right incoterm based on the
mode or modes of transport.
vi. Identify the link between
incoterms, insurance and
responsibility to procure goods
at each stage of the three main
components of carriage, i.e. pre-
carriage, main carriage and on
carriage,

7. Short- 10% i. Explain various types of pre Interactive End Semester
term trade shipment and post shipment lectures, Examination
finance and finance. tutorials
structuring and group
of revolving ii. Explain types of short-term discussions.
facilities facilities available to exporters.
iii. Explain the methods of taking
goods as securities:
a) Mortgage
b) Hypothecation
c) Pledge
iv. Compare Trust Receipts and
Pledge Loans.
v. Explain import facility products
and structure
revolving facilities for imports and
their security documentation.
vi. Explain the concept of
avalisation and forfeiting as a
means of trade finance.
vii. Define factoring and invoice
discounting and its uses as
a means of short-term trade
finance.

8. Foreign 10% i. Explain what is Entrepot Trade Interactive Case analysis,
exchange and how a country can benefit lectures, and end
related to from such trade. tutorials semester
international and group examination.
trade ii. Explain the liberalization of discussions.
foreign exchange regulations
under the Foreign Exchange Act
No.12 of 2017 with relevance to
iii. Apply the regulatory framework
for international trade in Sri
Lanka.
iv. Identify foreign exchange and its
market structure.
v. Explain how trade finance affects
a bank’s book.
vi. Explain Nostro and Vostro
accounts.
vii. Explain the following forex
fundamentals:
a) Bid/ offer
b) Direct /indirect quotes
c) Spot/Tom/Cash rates
d) Cross rates
e) Forward rates
f) Premiums/ discounts
viii. Describe practical examples
and sums.
100%
• Krugman P., Obstfeld M., & Melitz M., International Economics: Theory & Policy, 10th edition,
Pearson Series in Economics.
• Anders Grath A.,The Handbook of International Trade and Finance: The Complete Guide to Risk
Management, International Payments and Currency Management, Bonds and Guarantees,
Credit Insurance and Trade Finance, Kogan Page, 2018.
• Bhogal, T., Trivedi, A., International Trade Finance: A Pragmatic Approach, Finance and
Capital Markets Series, 2nd edition, Springer.
Assessments:
semester.
Final exam = 60%
Total = 100%

Learning time:
Being a 03-credit course unit, the notional learning time for the course unit is 150 hours (03*50),
consisting of:
Face to face contact time = 45hours

Directed self-study through Moodle = 30 hours
Total = 150 Hours

Course Title Corporate Governance and Ethics
Credit Value 3
Status Optional
Level II
Semester I
Outcomes
1. Explain theoretical aspects of governance, owners and stakeholders.

2. Describe the evolution of corporate governance.
3. Explain shareholders and stakeholders.
4. Explain Central Bank code on corporate governance and its scope on banking sector.
5. Describe directors and board structure.
6. Explain directors’ performance and remuneration.
7. Explain corporate governance in the Asian Region.
8. Explain the impact of corporate governance collapses.
9. Explain importance of ethics to banking business.
10. Explain related party transactions.
Course contents:

1. Theoretical 10% i. Explain corporate governance. Interactive Mid semester

aspects of lectures, and end
governance, ii. Explain theories associated tutorials and semester
owners and with development of corporate discussion examination.
stakeholders governance. forum.
iii. Explain Agency Theory.
iv. Explain separation of ownership
and control.
v. Explain Stakeholder Theory.
vi. Explain Stewardship Theory.
vii. Explain transaction cost
economies.

2. Evolution of 10% i. Explain the growth in the Interactive Mid semester
Corporate corporate governance codes. lectures, and end
Governance tutorials and semester
ii. Describe corporate governance discussion examination.
in Sri Lanka. forum.
iii. Explain why good governance
for banks.
iv. Describe influential corporate
governance codes for banking
sector and listed companies.
v. Explain the Basle Committee.
3. Shareholders 10% i. Explain who are stakeholders. Interactive Case analysis,

and lectures, mid semester
stakeholders ii. Explain stakeholder groups. tutorials and and end
iii. Identify interests of shareholders discussion semester
and stakeholders. forum. examination.
iv. Describe roles and

responsibilities of shareholders
and stakeholders.
4. Central Bank 15% i. Apply Central Bank code on Interactive Case analysis,
code on corporate governance to lectures, mid semester
corporate banking operations. tutorials and and end
governance discussion semester
and its scope ii. Explain the expectations of the forum. examination.
regulator for good governance.
iii. Explain the responsibilities of
the stakeholders of the bank for
corporate governance.
iv. Describe the directors’
responsibilities on corporate
governance.
v. Explain how to implement good
governance to the bank.
vi. Explain the importance of
publishing governance
compliance for the CBSL code
through the annual report.

5. Directors 15% i. Explain the rules applicable to Interactive Case analysis
and Board measure fitness and propriety of lectures, and end
structure directors. tutorials and semester
ii. Distinguish between unitary and forum.
two tear boards.
iii. Explain the Board of Directors.
iv. Explain the board diversity
to cover all areas. i.e., age,
knowledge, gender, expertise,
etc.
v. Explain the role of the board, its
duties and responsibilities.
vi. Describe types of directors-
executive, non-executive
and independent non-
executive directors and their
responsibilities.
(Chief Executive Directors/
Managing Director, Chairman,
Senior Independent Director,
Company Secretary).
vii. Explain Mandatory Board
Subcommittees.
a) Audit Committee
b) Remuneration Committee
c) Nomination Committee
d) Related Party Transaction
Review Committee
e) Risk Committee
viii. Explain director evaluation.
ix. Explain succession planning of
the bank.
6. Directors’ 15% i. Discuss the director’s Interactive Case analysis

performance remuneration debate. lectures, and end
and tutorials and semester
remuneration ii. Describe directors’ evaluations discussion examination.
on their performance and forum.
governance practices.
iii. Describe key elements of
directors’ remunerations.
iv. Explain the role of the
remuneration committee.
v. Identify performance measures
of directors.
vi. Explain disclosure of directors’
remuneration.

7. Corporate 05% i. Discuss key corporate Interactive End semester
governance governance codes applicable in lectures, examination
in the Asian the region. tutorials and
Region discussion
forum.
8. Corporate 05% i. Discuss different examples of Interactive Case analysis

governance corporate governance collapses. lectures, and end
collapses tutorials and semester
forum.
9. Ethics 10% i. Define ethics and governance. Interactive Case analysis

lectures, and end
ii. Explain importance of ethics for tutorials and semester
a bank. discussion examination.
iii. Identify components of ethics. forum.
iv. Explain how to create an ethical

culture.
10. Related party 05% i. Discuss CSE rules relevant for Interactive End semester
transactions the related party transaction lectures, examination
monitoring. tutorials and
discussion
forum.
100%
• Tricker B., Principles, Policies, and Practices, 4th edition, Oxford University Press.
• Fernando, A.C., Business Ethics and Corporate Governance, 2nd edition, Pearson Education
India.
• Banking Act Directions issued by Central Bank of Sri Lanka
Assessments:
semester.
Final exam = 60%
Total = 100%
Learning time:
consisting of:
Face to face contact time = 45 hours
Directed self-study through IBSL Online System = 40 hours
Total = 150 Hours

Course Title Compliance and Regulations
Credit Value 04
Status Core
Level II
Semester II
Outcomes
1. Explain financial regulation, practical aspects of financial regulation, regulatory failures and
main financial sector regulators.
2. Describe international developments over financial regulations.
3. Explain influences over regulatory function /environment.
4. Explain the importance of compliance culture within the financial sector.
5. Explain the role of each stakeholder to maintain high level of compliance culture within the
financial institution.
6. Identify the fundamentals of compliance regulations locally as well as globally.
7. Explain regulatory practices in local context and in other jurisdictions.
8. Explain the role and different aspects of compliance management.
9. Explain recent developments in compliance management.
10. Apply compliance principles to the financial sector in order to identify the issues and
challenges in financial regulation and compliance management and to make suggestions
to address the same.
Course contents:

1. Introduction 05% i. Explain the concept of financial Interactive Mid semester

to financial regulation. lectures, and end
regulation tutorials, semester
ii. Identify the difference between and examination.
financial regulation and other discussion
regulations/regulatory activities. forum.
iii. Identify the main types of events
that make financial regulation
necessary.
iv. Identify key stakeholders in
financial industry regulation.

2. International 10% i. Explain international legislations Interactive Case analysis,
developments over financial regulations. lectures, mid semester
over financial tutorials, and end
regulations. ii. Explain international best and semester
practices and developments. discussion examination.
iii. Identify international forum.
organizations over regulatory
function, their role, developments
and influence.
3. Practical 10% i. Identify the components of a Interactive Case analysis,

aspects of regulatory structure. lectures, mid semester
the financial tutorials, and end
regulation ii. Identify the role of regulators. and semester
iii. Identify the powers of the discussion examination.
regulators. forum.
iv. Identify the regulatory

approaches.
v. Identify different regulatory
models around the world.
v. Explain different attributes of
effective regulation.
vi. Explain the regulatory risk.
4. Main financial 05% i. Identify key types of institutions Interactive Mid semester
sector relating to financial regulation lectures, and end
regulators within the local context and tutorials, semester
around the world. and examination.
discussion
forum.
5. Influences 07% i. Explain various influential Interactive Case analysis,

over groups over regulatory function; lectures, mid semester
regulatory including political environment, tutorials, and end
function / economic environmental and semester
environment changes, technological discussion examination.
development, market pressure, forum.
media and social groups and
other players.
6. Regulatory 05% i. Explain the meaning of Interactive Case analysis,

failures regulatory failures. lectures, mid semester
tutorials, and end
ii. Explain the actions to be and semester
taken to minimize regulatory discussion examination.
failures. forum.
7. Introduction 05% i. Explain the compliance function. Interactive End semester

to compliance lectures, Examination.
function ii. Identify specific role of the tutorials,
compliance function. and
iii. Explain the pre-requisite to discussion
achieve compliance objectives forum.
successfully.
iv. Explain the compliance risk.

8. Compliance 20% i. Identify the roles/responsibilities Interactive Case analysis
in practice of various parties involved in lectures, and end
compliance function. tutorials, semester
and examination.
ii. Explain the key compliance discussion
activities and processes. forum.
iii. Explain different types of
compliance models, their
processes, and advantages and
disadvantages.
iv. Explain local and international
approaches in compliance
management.
v. Explain how to monitor the
compliance activities.
9. Expectations 10% i. Explain the expectations Interactive Case analysis

from effective from compliance function lectures, and end
compliance over managing risk of money tutorials, semester
function laundering, terrorist financing and examination.
and proliferation financing. discussion
forum.
ii. Explain he expectations from
compliance
function over financial crime
prevention.
iii. Explain the expectations from
compliance function over
prevention of bribery and
corruption.
iv. Explain the expectations from
compliance function over data
protection and information
security.
v. Explain the expectations from
effective management of
conflict of interest.
vi. Explain the expectations from
prevention of market abuse.
vii. Explain the expectations from
compliance with prudential
regulations.
viii. Explain the expectations from
prevention of other market
misconducts.

10. Key technical 05% i. Explain the importance of Interactive End semester
knowledge technical knowledge and skills. lectures, examination.
and skills tutorials,
required for ii. Explain the importance of and
compliance personal skills. discussion
function/ iii. Explain the importance of forum.
officers personal qualities.
11. Relatioship 05% i. Explain the role of culture and Interactive End semester
of the compl ethics in achieving compliance lectures, examination.
ance function objectives. tutorials,
with culture and
and ethics ii. Explain how to design and discussion
implement a principles-based forum.
compliance culture.
12. Integrated 08% i. Explain the meaning of Interactive End semester

compliance integrated compliance lectures, examination.
managment management. tutorials,
and
ii. Explain the role of risk discussion
management in integrated forum.
compliance management.
iii. Explain the role of corporate
governance in integrated
iv. Identify the benefits of integrated
13. Recent de- 05% i. Identify recent developments Interactive Case analysis
velopments in compliance management in lectures, and end
in compli- various jurisdictions. tutorials, semester
ance man- and examination.
agement discussion
forum.
100%
• Ramakrishna S. P., Enterprise Compliance Risk Management, Wiley Corporate F&A, 1st Edition.
• Kotz H. D., Financial Regulation and Compliance, Wiley; 1st Edition.
• Dill A., Bank Regulation, Risk Management, and Compliance: Theory, Practice, and Key Problem
Areas, 1st edition, Informa Law from Routledge
• Dill A., Practical Finance and Banking Guides, Informa Law from Routledge; 1 edition.
Assessments:
semester.
Final exam = 60%
Total = 100%

Learning time:
consisting of:
Face to face contact time: = 60 hours
Total = 200 Hours

Course Title Risk Management and IS Security
Credit Value 04
Status Core
Level II
Semester II
Outcomes
1. Describe the concept of risk and governance of risk management.

2. Explain the different business models of financial institutions and related business risks.
3. Explain risks related to different financial markets and different financial products.
4. Describe and differentiate between the key classes of risks, to explain how each type of risk
can arise and assessment of risk in an organization.
5. Explain the importance of and tools for information system security.
6. Describe risk management from financial/economic crisis.
7. Describe the activities related to information security.
Course contents:

1. Introduction to 04% i. Identify the different types of Interactive Case analysis,

the building business risks. lectures, mid semester
blocks of risk group and end
management ii. Explain how to evaluate the discussions semester
material risk for the FIs. and
iii. Identify the methods of tutorials.
assessing material risks.
iv. Explain the procedures of
controlling and managing the
risks.

2. Different 07% i. Identify and understand Interactive Case analysis,
business business specific risks of: lectures, mid semester
models of group and end
financial a. Corporate banking discussions semester
institutions b. Retail banking and examination.
and related tutorials.
business risks c. Universal banking
d. Investment banking
e. Primary dealer business
ii. Explain and identify related
business risks of non-bank
financial institutions. I.e.,
• Finance business
• Leasing business
• Hire purchase business
iii. Explain the business risks of
Insurance Companies. I.e.,
• General insurance
• Life insurance
• Investment/ business plan
3. The 07% i. Explain the corporate Interactive Mid semester

governance governance culture as a means lectures, and end
of risk of mitigating conflict of interest. group semester
management discussions examination.
ii. Discuss and evaluate the policy and
framework and committee tutorials.
structure pertaining to the
governance of risk management
in the FI.
iii. Explain and identify the ways
and means of integrating
risk management, corporate
governance and compliance in
order to maintain sustainability
and value of the FI.
4. Introduction 07% i. Explain the basic principles for Interactive Mid semester
to enterprise effective data aggregation and lectures, and end
risk risk reporting. group semester
management discussions examination.
and related ii. Identify a proper framework for and
practices integrated stress testing in the FI. tutorials.
iii. Apply multiple scenario stress
testing on a top-down and
bottom-up basis.
iv. Assess the impact on capital,
liquidity and earnings under
base case, moderate and severe
stresses.
v. Apply Back Testing on a case-
by-case basis.

5. Learning 10% i. Identify the types of and causes Interactive Case analysis,
on risk for financial/economic crisis. lectures, mid semester
management group and end
from ii. Distinguish and select major discussions semester
financial/ financial /economic crisis and Examination.
economic severely affected the global tutorials.
crisis economy.
iii. Identify the remedies to mitigate
financial /economic crisis.
iv. Explain the implementation of
a recovery plan with a view to
have proper crisis preparedness.
v. Identify the potential exposures
of systemic risks and appreciate
Macro Prudential Supervision as
an essential mitigation.
6. Risks related 10% i. Identify and understand the Interactive Mid semester
to different risks related to different financial lectures, and end
financial markets. I.e., group semester
markets discussions examination.
• Exchanges and OTC and
markets. tutorials.
• Foreign exchange markets.
• Commodity markets.
• Equity (including GDR)
markets.
• Corporate/govt debt
markets.
• Derivatives.
7. Risks related 07% i. Identify and understand the Interactive Mid semester
to different risks related to different financial lectures, and end
financial products. I.e., group semester
products discussions examination.
• Deposit products and
• Lending products tutorials.
• Trade finance products

• Insurance products
• Govt/corporate bonds
• Superannuation products
• Unit trust products

8. Financial 05% i. Explain and identify the nature of Interactive End semester
derivative derivative markets. lectures, examination.
markets and group
derivative ii. Explain the operations of these discussions
products markets as enablers of hedging and
techniques. tutorials.
iii. Identify different derivatives as
hedging instruments.
iv. Explain the nature of risk
treatment through each type of
derivative product. I.e.,
• Forwards
• Futures
• Swaps
• Options
9. Fundamentals 08% i. Explain the purpose of external Interactive Case analysis

of and internal credit rating lectures, and end
measurement models. group semester
and discussions examination.
management ii. Explain the impact of credit and
of credit risk concentration risk on the tutorials.
FI’s overall risk profile under
following concentrations.
• Name
• Geography
• Sector/ Industry
• Product
iii. calculate the HHI index as a
measure of concentration risk.
10. Introduc- 03% i. Explain the purpose Interactive Case analysis

tion to the of maintaining the lectures, and end
regulations maximum amount limit on group semester
on Credit Risk accommodation, Loan to discussions examination.
Management Value Ratio and valuation of and
immovable properties. tutorials.
ii. Estimate the capital
requirements on credit risk as
per the Basel Accords getting
involved with ICAAP process.
11. Introduction 04% i. Identify the framework of Interactive End semester

to Current Ex- SLFRS-9 requirements. lectures, examination.
pected Credit group
Loss (CECL) ii. Explain the concept of: discussions
calculation- • Probability of Default. (PD) and
SLFRS 9 tutorials.
• Loss Given Default (LGD)
• Exposure at Default (EAD)
• CECL calculations.
• Current year and Life Time
Expected Loss

12. Measure- 04% i. Explain the market conduct and Interactive Case analysis
ment and practices. lectures, and end
manage- group semester
ment of ii. Explain the Basel Accord capital discussions examination.
market risk requirements and ICAAP. and
iii. Measure and monitor VAR. tutorials.
iv. Apply Interest Rate Risk and

Duration Measure concepts.
v. Explain Rate Sensitivity and
Duration Gap Analysis.
13. Measure- 03% i. Explain the nature of operational Interactive Case analysis
ment and risk events and maintenance of lectures, and end
manage- an operational loss database. group semester
ment of discussions examination.
operational ii. Identify RCSA process and Key and
risk. Risk Indicators. tutorials.
iii. Identify general measures of
operational risks based on the
above.
14. Regulatory 04% i. Apply Basel requirements and Interactive Case analysis
provisions on lectures, and end
operation- ICAAP process. group semester
al risk and ii. Identify the cyber security discussions examination.
cyber risk threat. and
tutorials.
iii. Identify the use of Fintech, AI and
related risk.
iv. Explain Business Continuity
Management.
15. Measure- 04% i. Identify and understand the Interactive Case analysis
ment and measures to monitor liquidity. lectures, and end
manage- group semester
ment of ii. Explain the Maturity Gap discussions examination.
liquidity risk Analysis. and
iii. Explain the regulatory provisions tutorials.
on iv. Liquidity Risk Management.
(i.e. SLAR, Basel standards-:
LCR,NSFR,ILAAP).
iv. Identify the importance of
Contingency Funding Plan.
16. The impor- 03% i. Explain how to ensure Interactive Case analysis
tance of compliance. lectures, and end
information group semester
system se- ii. Explain how to prevent discussions examination.
curity bankruptcy in smaller and
companies. tutorials.
iii. Explain how to protect internal
data.

17. Tools for 03% i. Explain authentication. Interactive End semester
information lectures, examination
security ii. Explain encryption. group
iii. Explain access Controls. discussions
and
tutorials.
18. Activity 03% i. Explain security policies. Interactive End semester

related to lectures, examination
information ii. Explain backups. group
security discussions
and
tutorials.
19. Credit risk 04% i. Explain basic principles, policies Interactive End semester
management and processes (Identification, lectures, examination
measurement and control). group
discussions
ii. Explain the role of rating and tutorials
agencies.
iii. Identify internal risk rating
models.
iv. Use of Break-Even Analysis,
Sensitivity Analysis, Solvency
Test.
100%
• CBSL Direction No. 11 of 2007 on Corporate Governance and related amendments.

• CBSL Direction No. 7 of 2011 on Integrated Risk Management Framework and subsequent
amendments/ additions.
• Crouhy M., Galai D., Mark R., The Essentials of Risk Management, 2nd edition, McGraw Hill.
• Brown A, Financial Risk Management for Dummies, 1st edition, For Dummies.
• John C. Hull J. C., Risk Management and Financial Institutions, 6th edition, Wiley.
Assessments:
semester.
Final exam = 60%
Total = 100%

Learning time:
consisting of:
Total = 200 Hours

Course Title Strategic Leadership
Course Code HDDBF 22194
Credit Value 04
Status Core
Level II
Semester II
Outcomes
1. Describe the importance of developing leadership skills for professional progress.

2. Explain common characteristics of leadership.
3. Explain different types of leadership.
4. Explain different theories of leadership.
5. Describe ways of empowering and promoting team spirit.
6. Describe different ways of developing leadership skills.
7. Explain how to use the leadership skills under different situations.
8. Describe important habits that leaders should nurture.
Course contents:

1. The nature of 06% i. Define leadership. Interactive Mid semester

leadership lectures and end
ii. Explain indicators of effective and group semester
leadership. discussions. examination.
iii. Explain methods of assessing
effectiveness of leadership.
iv. Explain theories of leadership.
2. Leadership 08% i. Explain reasons for diverse Interactive Case analysis,

behavior leaderships. lectures mid semester
and group and end
ii. Explain important types of discussions. semester
leadership behavior. examination.
iii. Describe task-oriented
leadership.
iv. Describe relation-oriented
leadership.

3. Decision mak- 12% i. Explain decision making by Interactive Mid semester
ing and em- managers. lectures and end
powerment and group semester
by leaders ii. Explain participative leadership. discussions. examination.
iii. Explain guidelines for
participative leadership.
iv. Define delegation.
v. Explain guidelines for delegation.
vi. Explain psychological
empowerment.
vii. Explain empowerment
programmes.
viii. Explain benefits of
empowering leadership.
4. Leading 12% i. Identify types of change in Interactive Case analysis,

change and teams and organizations. lectures mid semester
innovation and group and end
ii. Explain the process of changing. discussions. semester
iii. Explain reasons for accepting examination.
and resisting change.
iv. Explain guidelines for
implementing change.
v. Explain how visions influence
change.
vi. Explain collective learning and
innovation.
vii. Explain enhancing learning and
innovation.
5. Power and 10% i. Explain sources of power. Interactive Mid semester

influence lectures and end
tactics ii. Explain gaining and losing and group semester
power. discussions. examination.
iii. Explain consequences of power.
iv. Explain how to use power.
v. Explain tactics of influence and
outcomes.
vi. Explain power and influence.
vii. Explain characteristics for using
provocative

6. Leadership 10% i. Explain personality traits and Interactive Case analysis,
traits and effective leadership. lectures end semester
skills and group examination.
ii. Explain skills and effective discussions.
leadership.
iii. Explain managerial
competencies.
iv. Explain evaluation of trait
approach.
v. Explain guidelines for
leaderships.
7. Charismatic 08% i. Explain charismatic leadership. Interactive End semester

and trans- lectures examination.
formational ii. Explain effects of charismatic and group
leadership leaders. discussions.
iii. Explain transformational
leadership.
iv. Compare charismatic leadership
and transformational leadership.
v. Explain characteristics for the
inspirational leadership.
8. Leadership 12% i. Explain determinants of team Interactive End semester

in teams performance. lectures examination.
and decision and group
groups ii. Explain functional and cross- discussions.
functional teams.
iii. Explain self-managed work
teams.
iv. Explain guidelines for leading
teams.
v. Explain leading decision groups.
vi. Explain characteristics for
leading meetings.
9. Strategic 12% i. Explain determinants of Interactive Case analysis

leadership in organizational performance. lectures and end
organizations and group semester
ii. Explain how leaders influence discussions. examination.
organizational performance.
iii. Explain situations affecting
strategic leadership.
iv. Explain organizational culture.
v. Explain executive teams.
vi. Explain external monitoring and
formulation of strategies.
vii. Explain characteristics for
strategic leadership.

10. Developing 10% i. Explain leadership training Interactive End semester
leadership programmes. lectures examination.
skills and group
ii. Explain learning from experience. discussions.
iii. Explain developmental activities.
iv. Explain facilitating leadership.
100%
• Steven J. Stowell, Stephanie S. Mead., The Art of Strategic Leadership, 1st Edition, Wiley.
• Covey S.R., The 7 Habits of Highly Effective People, 30th Anniversary Edition, Simon & Schuster.
• Daft R. L., The Leadership Experience, 8th edition, Cengage Learning.
Assessments:
semester.
Final exam = 60%
Total = 100%
Learning time:
consisting of:
Total = 200 Hours

Course Title Advanced Quantitative Techniques
Course Code HDBF22203
Credit Value 3
Status Optional
Level II
Semester II
Outcomes
1. Compute algebra and solve equations.

2. Apply costing methods for decision making.
3. Apply basic concepts and calculate elementary portfolio mathematics.
4. Application and interpretation of indices.
5. Solve problems using differential and integral calculus.
6. Explain the fundamentals of hypothesis testing.
Course contents:

1. Algebra 15% i. Compute the following: Interactive Mid semester

and solving lectures, and end
equations a) Algebraic manipulations. tutorials and semester
b) Quadratic formula. discussion examination.
forum.
c) Solving systems of equations
that contain multiple
variables.
d) Geometric expansions.
e) Functions and graphs.
2. Costing 15% i. Identify different types of costs Interactive Case analysis,

(total, variable, fixed, opportunity, lectures, mid semester
sunk). tutorials and and end
discussion semester
ii. Calculate profit, break-even forum. examination.
point, etc.
iii. Apply for decision making.

3. Elementary 15% i. Explain basic concepts and Interactive Case analysis,
portfolio calculate: lectures, mid semester
mathematics tutorials and and end
a) Portfolio return. discussion semester
b) Portfolio variance. forum. examination.
c) Diversification and efficiency.

d) The market portfolio and beta.
e) Deriving the portfolio variance
expression.
ii. Analytical report writing.
4. Construction 15% i. Calculate and interpret: Interactive End semester

of indices lectures, examination.
a) index numbers of quantity tutorials and
b) index numbers of price discussion
forum.
c) consumer price indices
ii. Application of indices:
a) Real wages
b) Real interest rate
5. Differential 15% i. Explain the following Interactive End semester

Calculus and perform necessary lectures, examination.
mathematical operations for the tutorials and
following: discussion
forum.
a) Functions and limits.
b) Slopes, derivatives, maxima,
and minima.
c) Derivatives of polynomials.
d) Partial and total derivatives
e) The chain rule, product rule,
and quotient rule.
f) Logarithmic and exponential
functions.
g) Taylor series expansions.
h) The method of Lagrange
multipliers.
6. Integral 15% Explain the following and perform Interactive End semester
Calculus necessary mathematical lectures, examination.
operations for the following: tutorials and
discussion
a) Antidifferentiation and the forum.
indefinite integral.
b) Riemann sums.
c) Definite integrals and areas.
d) Differential equations.

7. Fundamentals 10% i. Explain the concept of Interactive End semester
of hypothesis hypothesis testing. lectures, examination.
testing tutorials and
ii. Test hypothesis using software. discussion
forum.
100%
• Clendenen, G., and Salzman, S., Business Mathematics, 14th edition, Pearson.
• Don., E., and Lerner, J., Basic Business Mathematics, 2nd edition, (Schaum’s Outline Series),
McGraw-Hill Education.
• Sydsaeter. K and Hammond P.J., Mathematics for Economics and Analysis, 1st edition, Pearson
College Div.
• Levine, M.D., Krehbiel, T.E. and Berenson, M.L., Business Statistics: A First Course, 6th Edition,
Pearson.
Assessments:
semester.
Final exam = 60%
Total = 100%
Learning time:
consisting of:
Face-to-face contact time: 45 hours
Directed self-study 30 hours
Self-directed learning experience 35 hours
Assessment, review and revision 40 hours
Total 200 Hours

Course Title Financial Management and Treasury Operations
Credit Value 3
Status Optional
Level II
Semester 1I
Outcomes
At the end of the course, students should be able to have a basic understanding of treasury and
the role and importance of treasury in banks:
1. Explain salient points in trading in local and foreign currencies.
2. Describe cash flow management in relation to banking industry.
3. Identify fund raising instruments, associated cost and risks.
4. Explain asset-liability management in banking and finance industry.
5. Appraise investment options available for the banking and finance industry.
6. Describe treasury and portfolio management.
7. Explain and apply concepts in financial analysis, planning and forecasting.
Course contents:

1. Local currency 10% i. Explain trading in foreign Interactive Mid semester

and foreign currency. lectures and end
currency and group semester
ii. Explain SWAPS options. discussions. examination.
iii. Explain managing foreign
currency position.
2. Cash flow 10% i. Analyze the Cash Flow. Interactive Mid semester
management, lectures, and end
liquidity ii. Analyze the Balance Sheet. tutorials semester
management and group examination.
and net discussions.
opening
position
3. Pricing of 10% i. Explain the determination of Interactive Mid semester

products interest rates. lectures and end
and group semester
ii. Identify loan products and discussions. examination.
deposits.
iii. Explain maintaining of NIM (Net
Investment Margin).

4. Investments 10% i. Explain Treasury Bills. Interactive Mid semester
in fixed lectures and end
income ii. Explain Treasury Bonds. and group semester
securities and discussions. examination.
other income
5. Fund raising 15% i. Explain equities. Interactive End semester

instruments lectures examination.
and costs ii. Explain convertibles and and group
warrants. discussions.
iii. Explain debt instruments.
iv. Explain securitization/asset
backed securities.
v. Explain leverage buy-outs and
their processes and costs.
6. Asset-liability 15% i. Explain liquidity risk. Interactive Case analysis,

management lectures and end
ii. Explain maturity gap analysis. and group semester
iii. Explain cash flow management. discussions. examination.
iv. Explain liquid assets and liability

ration.
v. Explain raising the liquidity ratio
(Asset Management and Liability
Management).
vi. Explain the Asset Liability
Committee (ALCO) mechanism.
vii. Explain and compute working
capital management.
viii. Explain and compute capital
budgeting.

7. Treasury 15% i. Identify types of funds (Hedge Interactive Case analysis
and Portfolio funds, pension funds, provident lectures and end
Management funds, surplus funds, etc). and group semester
ii. Explain portfolio/asset mix
selection strategies.
iii. Discuss global and local market
investment products.
iv. Calculate asset accounting
(fair value at profit /loss, held to
maturity, available for sale etc.
and impairment standards)
v. Explain risk management and
management (value at risk,
maturity gap, interest rates gap,
modified duration, stress testing,
use of derivatives open position
limits).
vi. Explain fund management
and operations structure (front
office, middle office, back office,
segregation of duties).
vii. Explain and compute return on
portfolio (capital gain, dividend/
interest, marked-to market/
fair value gain, etc., return
benchmarking).
8. Financial 15% i. Discuss risk-return trade-off. Interactive Case analysis,

Analysis, lectures and end
Planning and ii. Explain and compute budgeting and group semester
Forecasting techniques (case on business discussions. examination.
lines, activity-wise, business/
operations target etc),
estimation of future cashflows.
iii. Compute and explain time
value/present value of money
and degree of preferred financial
leverage.
iv. Compute and explain financial
performance forecasting. (Based
on statistical models on past
performance).
v. Compute and explain models or
descriptive judgement-based
forecasting.
vi. Explain stress scenario testing
etc.
100%

• Bragg, Steven M. B., Treasury Management: The Practitioner’s Guide, 1st edition, John Wiley
and Sons Inc.
• Horcher K.A, Essentials of Managing Treasury, Willey, 2011.
• Jeffery C. A., The Strategic Treasurer: A Partnership for Corporate Growth, Willey, 2009.
• Companies Act No. 7 of 2007.
• Sri Lanka Accounting Standards, Latest edition, Institute of Chartered Accountants of Sri
Lanka (CASL).
• Ross, S. A., Westerfield, W. R., and Jeffrey, F. J., Corporate Finance, 13th Edition, Mc Graw Hill,
New Delhi.
Assessments:
semester.
Final exam = 60%
Total = 100%
Learning time:
consisting of:
Face-to-face contact time: 45 hours
Directed self-study 30 hours
Self-directed learning experience 35 hours
Assessment, review and revision 40 hours
Total 200 Hours

9. MEMBERSHIPS OF IBSL
9.1 ASSOCIATE MEMBERSHIP OF IBSL (AIB, SRI LANKA)

Candidates who fulfill the following requirements are eligible to obtain the Associate Membership
of IBSL with the professional title of ‘AIB Sri Lanka’ which can be used after their names.
• Have completed the IBSL Professional Programme (DBF & HDBF); AND
• Be either at the Managerial Level (Manager Grade or above) in a Bank / Financial institution or
Non-financial Institution involving business operations connected with Banking & Finance, OR
• Possess a minimum of 4 years working experience in a Bank / Financial institution or Non - fi-
nancial Institution involving business operations connected with Banking and Finance.
9.2 FELLOW MEMBERSHIP OF IBSL (FIB)
IBSL offers three (03) categories of Fellow Memberships and the requirements for each category
are as follows.
a. Fellow Membership (FIB Sri Lanka)
Should be an Associate Member (Life/Active) of the IBSL and hold a position of AGM/DGM
grade or above in a Bank/Financial Institution;
OR
Associate Member with a minimum of 10 years post-Associate Membership experience in the

field of Banking / Finance.
b. Senior Fellow Membership (FIBs Sri Lanka)

Should be a Fellow Member (Life/Active) of the IBSL with a minimum of five (05) years of Fellow
Membership;
OR
Should be an Associate Member (Life/Active) of the IBSL with a minimum of 15 years post-
Associate Member experience and hold a top management position in a Bank/Financial
Institution.
c. Honorary Fellow Membership (FIB (Hon) Sri Lanka

Recipients for Honorary Fellowships are nominated and selected by the members of the
Governing Board of the IBSL considering specific attributes of prominence of such personalities.
Fellow Membership
(FIB Sri Lanka)
Senior Fellow Membership

(FIBs Sri Lanka)
Honorary Fellow Membership

(FIB (Hon) Sri Lanka)

80A Elvitigala Mawatha, Colombo 08
0112 425 777 | www.ibsl.lk | info@ibsl.lk

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Curriculum 2023

INSTITUTE OF BANKERS OF SRI LANKA

IBSL Professional Programme:

Diploma in Banking and Finance (DBF)

Curriculum 2023 - IBSL Professional Programme I

II Institute of Bankers of Sri Lanka

Curriculum 2023 - IBSL Professional Programme III

Board Member Alternate

Mr. W. P. R. P. H. Fonseka Mr. H. P. K. Silva

Mr. Clive Fonseka Mr. Rohan Pathirage

Mr. M P A W Peiris Mr. K. Raveendran

Mr. Nanda Fernando Dr. Lalith Weragoda

Ms. Roshini Wijerathne Mrs. Nipunika Wijayaratne

Ms. Champika Dodanwela

IV Institute of Bankers of Sri Lanka

Ms. Shashi Kandambi Jassim

Ms. Tamara Perera

Curriculum 2023 - IBSL Professional Programme V

Mr. Naleen Edirisinghe

Prof. Hilary Silva

Prof. Tilak P D Gamage

Dr. Ruwani Fernando

VI Institute of Bankers of Sri Lanka

In a highly digitized business environment that prevails today, all

In this context, it is imperative for professionals in the banking and

Curriculum 2023 - IBSL Professional Programme VII

1. About the Institute of Bankers of Sri Lanka (IBSL)..............................................................................01

2. Introduction to IBSL Professional Programme........................................................................ 02 - 04

3. Details of the IBSL Professional Programme............................................................................ 05 - 06

5. Career Development Path of IBSL.............................................................................................................. 09

6. Action Verbs Checklist................................................................................................................................ 10 - 11

7. Detailed Syllabi of the Diploma in Banking & Finance (DBF)........................................ 12 – 80

9. Memberships of IBSL.......................................................................................................................................... 137

VIII Institute of Bankers of Sri Lanka

Curriculum 2023 - IBSL Professional Programme 1

2 Institute of Bankers of Sri Lanka

Develop unique professional and academic programmes with international

Provide all of our students with exceptional learning experience to establish

Build a network of international collaborations and partnerships that will enable

Ensure meeting aspirations of stakeholders through our policies, procedures,

Curriculum 2023 - IBSL Professional Programme 3

2.1 Aim of the Programme

4 Institute of Bankers of Sri Lanka

Understanding the technological environment related to operations

Managing business and clients.

Recording of financial transactions in line with international standards

Measuring, assessing, and managing the risks associated with business

Developing leadership skills and making strategic decisions in a

Understanding and handling financial operations related to international

Managing credit, treasury operations, and investments.

Complying with laws and regulations related to the business of

Developing strategies for business promotions.

Curriculum 2023 - IBSL Professional Programme 5

Professional Ability to Knowledge,

6 Institute of Bankers of Sri Lanka

02 Apply knowledge in principles, theories, quality assurance, and regulatory and

CREATIVITY AND PROBLEM-SOLVING

05 Act creatively demonstrating critical thinking and problem-solving abilities in finding

INFORMATION AND DATA MANAGEMENT SKILLS

07 Demonstrate abilities in the collection, analysis, presentation, and management of