UNIVERSITY OF SOUTH-EAST ASIA

COURSE SYLLABUS

MONEY & BANKING

Lecturer

Ros Sokun

Phone

077/015 292 828

Email

rs_sokun@yahoo.com

Contents
1. Concepts of money
2. Financial market and Instruments
3. Nature of exchange rate and Foreign exchange
market
4. Central bank and monetary policy
5. Concepts of commercial bank management

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COURSE SYLLABUS
For

Money and Banking

1. Course Descriptive
This study subject provides the students with conception on money and banking and more
particularly money and banking system in Cambodia.

2. Course Objectives : After studying this subject, students will be able to:
-

Be aware of history of money and especially Cambodia's history of money

Understand the concept of banking system in Cambodia

Know the fundamental of financial market and its instruments

Be aware of the nature of exchange rate and foreign exchange market

Know what are hedging and speculation transactions

Distinguish between the central bank and other banks

Know the important roles of central bank in the open economy

Understand tools of monetary policy and its influence in the economy

Understand the concept of commercial bank management and its useful service
provided to the public

Understand the trends affecting all banks

Know how to detect US dollar counterfeit

Understand how to anti money laundering and financial crime

3. Course Methodology
The course will be taught by using various approaches including lectures,
assignment, class work discussion and case studies.

4. Course requirements and works assigned

-

Class attendance

10 marks

Quiz and Home Work

10 marks

Assignment

15 marks

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Mid term exam

15 marks

Final examination

50 marks

Course duration

45 hours ( 15 weeks with 3 hours per week )

5. Course outline
Week/Date

Descriptions

30 Sessions

CLASS ORIENTATION
CHAPTER 1 : CONCEPT OF MONEY
Week 1

I.

General History of Money

2 Session

II. Definition of Money

III. Function of Money

Week 2

Week 3

IV. Form of Money

V. Definition of Aggregate Money Supply

VI. Money and Economic Cycles

2 Sessions

2 Sessions

VII. Value of Money and Inflation

CHAPTER 2 : FINANCIAL MARKET AND
INSTRUMENTS

Week 4
I.

2 Sessions

Introduction to Financial Market

II. Functions of Financial Market

III. Financial Intermediaries
Week 5

IV. Keys of Financial System Services

2 Sessions

V. Nature of Interest Rate

CHAPTER 3 : NATURE OF EXCHANGE RATE AND

FOREIGN EXCHANGE MARKETS
Week 6

I.

Exchange Rate

2 Sessions

II. Exchange Rate Regimes

III. Foreign Exchange Arbitrage

Week 7

IV. Hedging and Speculation Transactions

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2 Sessions

V. Determinants and Impacts of Change in Exchange Rate

Week 8

Week 9

VI. Exercises

2 Sessions

VII. Mid-Term Exam

CHAPTER 4 : CENTRAL BANK AND MONETARY

POLICY
I.

Introduction to Central Bank

2 Sessions

II. Reserve Requirement policy of Central Bank

III. Discount Rate Policy of Central Bank

Week 10

IV. Open Market Operation

2 Sessions

V. Supervisor of the Central Bank

Week 11

VI. The National Bank System

2 Sessions

CHAPTER 5 : CONCEPTS OF COMMERCIAL BANK

MANAGEMENT
Week 12

I.

The Importance of Commercial Bank

2 Sessions

II. The Commercial Bank Structures

III. Commercial Bank Functions

Week 13

IV. The Preconditions for Corporate Governance of

2 Sessions

Commercial Bank

V. Institutional Development of the Key Banking Functions

Week 14

VI. The Strategic Planning Process

VII. Bank's services have been developed more recently

Week 15

VIII. Experience of detecting US dollar Counterfeit

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2 Sessions

2 Sessions

6. References
- Money, Banking and Financial Market (Roger Leroy Miller, David VanHoose, 2001)
- Financial Institutions and Markets (Hazel J.Johnson, 1999)
- Commercial Bank Management (Peter S. Rose, Fifth Edition, 2002)
- Bulletins of National Bank of Cambodia, Trimester 1, Year 2009
- Annual Report Year 2013, National Bank Cambodia
- Law on the Organization and Conduct of the National Bank of Cambodia
- Law on Banking and Financial Institutions
- Law on Negotiable Instruments and Payment Transactions
- www.nbc.org.kh (National Bank of Cambodia)

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