Organisation and Content
Lecture I – 13/10/2026 – Introduction to Commercial Banking I:
- The banking business model;
- Balance sheet and P&L;
- Ethics, conduct and customer service;
- Client relationship management, Loan RMs; Deposit / Funding RMs
- Key performance metrics, RAROC;
- Expectations of the regulator
Lecturer: Professor Moorad Choudhry
Reading: Core text, chapters 1, 2
Lecture II – 20/10/2026 – Introduction to Commercial Banking II:
- Banking loan and deposit products;
- FX, reference rates, net interest income and net interest margin;
- Money market and capital market instruments
Lecturer: Professor Chris Westcott
Reading: Core text, chapters 1, 4, 6
Lecture III – 27/10/2026 – Bank risk management:
- Risk management framework (RMF) and risk appetite statement (RAS);
- Key risk indicators (KRIs)
- Credit risk;
- Market risk;
- Operational risk;
- ALCO MI pack
Lecturer: Malgorzata Tynecka
Reading: Core text, chapters 18, 9
IV – 3/11/2026 – Bank asset-liability management I:
- ALM and traditional gap analysis
- Yield curve;
- Template ALM policy
- Treasury operating model;
- Liquidity risk management, liquidity risk indicators;
- Liquidity adequacy;
- ALCO governance
Lecturer: Professor Chris Westcott
Reading: Core text, chapters 5, 8, 11
Issue ALCO MI KRI metrics and confirm assignment at end of lecture
V – 10/11/2026 – Bank asset-liability management II:
- Basel capital adequacy rules;
- Capital management;
- ICAAP principles
- Banking book market risk (interest-rate risk and FX risk) management
Lecturer: Professor Chris Westcott
Reading: Core text, chapters 3, 7, 16
VI – 17/11/2026 – Governance good-practice principles:
- Governance committee structure;
- Senior executive roles and responsibilities;
- Risk culture
Lecturer: Amit Bansal
Reading: Core text, chapter 17
Examination – 1/12/2026 – Online examination
Lecture Seminar and Q&A
At the end of each lecture there will be a 30-minute seminar session during which students and lecturer will discuss the topics raised during the lecture, issues concerning the previous lecture, and engage in group Q&A.
Course Reading
- Choudhry, M., The Principles of Banking, 2nd edition, Singapore: John Wiley & Sons 2012, 2023
(This title is designated the “Core Text” and will be supplied as an e-book to all students) - Choudhry, M., Moorad Choudhry Anthology, Singapore: John Wiley & Sons 2018
- Financial Times Guide to Banking, The Financial Times Series, 2014