Every interest rate decision a central bank makes ripples through prices, jobs, exchange rates, and eventually the balance sheet of every bank operating in that economy. Understanding how that ripple works, and how to manage it from inside a financial institution, is what this course is built around.

Monetary policy is the set of processes a country's monetary authority uses to control money supply, usually by targeting inflation or interest rates, in order to keep prices stable and maintain public confidence in the currency. It aims to support economic growth, bring down unemployment, and keep exchange rates predictable against other currencies. Policy itself swings between two modes: expansionary, which grows the money supply faster than usual, and contractionary, which slows that growth down.

Arab British Fellowship Training Academy built this program for anyone who wants strong capability in financial market work alongside real experience managing banks and financial institutions.

Who Should Attend?

• Managers of institutions and companies, and business owners developing their bank management skills.
• Students and graduates of business schools.
• Bank managers and departmental staff working inside banks.
• Accountants and their assistants in banks and financial institutions.
• Anyone seeking to build expertise in accounting and financial markets.

Course Objectives

By the end of the course, participants will be able to:

• Supervise the preparation of registration bonds, verify their validity, and approve them before they're logged in accounting books.
• Control and oversee documents coming from the accounting office.
• Carry out financial procedures that fall under senior management.
• Manage monetary policy considerations inside banks and financial institutions.

Module 1: How Monetary Policy Drives Everyday Banking

• What monetary policy is and why every bank manager needs to track it.
• The central bank's authority to control money supply.
• The importance of monetary policy for company operations.

Module 2: Inflation Targeting and Interest Rates

• How inflation targeting keeps prices stable.
• Interest rate decisions and their effect on public confidence in the currency.
• Reading the relationship between rates and market behavior.

Module 3: Expansionary vs Contractionary Policy

• How expansionary policy accelerates money supply growth.
• How contractionary policy slows it down.
• Identifying which mode a market is in and what it means for banks.

Module 4: Exchange Rates, Growth and Employment

• Keeping exchange rates predictable against other currencies.
• Monetary policy's contribution to economic growth.
• Its role in reducing unemployment.

Module 5: Accounting Foundations for Policy-Aware Bankers

• Core accounting principles and terminology.
• Recording financial transactions and double-entry theory.
• The balance sheet equation and key rules related to accounts.

Module 6: Registration Bonds and Financial Oversight

• Preparing and verifying registration bonds.
• Approving documents before registration in accounting books.
• Overseeing documents issued from the accounting office.

Module 7: Applying Monetary Policy Inside the Bank

• Financial procedures carried out by senior management.
• Managing monetary policy considerations in day-to-day bank operations.
• Building the judgment to act on policy shifts as they happen.