"Sophisticated understanding of the legal and regulatory framework in the banking sector"


STUDY OPTIONS  IBBM On-campus via face to face workshops.


COURSE STUDY REQUIREMENTS  160-220 hours study required per subject.

ASSESSMENTS Written Assignments and Exams

FEES 2019  PGK 14,200 per Diploma, 10 subjects to complete

ACCREDITING BODY PNG Institute of Banking and Business Management

COURSE OUTLINE The Qualification- Diploma of Banking has been developed to ensure you understand the key concepts of banking and their applications within the Banking and Financial Sector. You will be provided with the skillset to be able to understand how the banking & finance sector affect the business environment. Upon successful completion of all 10 units you will be awarded a “Diploma in Banking” equivalent to Level 5 in PNG Qualifications Framework.

KEY STUDY OUTCOMES Demonstrate autonomy, well-developed judgement, adaptability and responsibility as a practitioner or learner in the field of banking
Have advanced cognitive, technical skills to generate ideas and solutions to complex problems from both theoretical and practical perspectives

CAREER  OUTCOMES  Some examples of job titles in this area include:

  • Public Servants, organization leaders and managers and banking professionals
  • Fresh graduates looking for a job in the banking and financial institutions.
  • Managers & Bankers seeking expanded understanding of banking & financial sector

ENTRY REQUIREMENTS A minimum of a High School Certificate from a recognized PNG or Australian High School is preferred. If your High School Certificate was not taught in English, please attach evidence to indicate that you have: an IELTS score of 5.5.

In addition applicants must also have at least three years of relevant work experience.


  • 2018 Trimester 01 - 19th Feb 2018


  • Money
  • Classification of Accounts
  • Banker and Customer Relationship
  • Banker’s Special Relationship
  • Cheque
  • Cheques and Crossings
  • Payment and Collection of Cheques and other
  • Negotiable Instruments
  • Paying Bank and Dishonours
  • The Collecting Banker and ‘Conversions’
  • Clearing System
  • Record of Arrangements between Banks
  • Electronic Banking in Papua New Guinea
  • Branch Security
  • Bank Liquidity
  • Introduction to Lending
  • Retail Banking, Wholesale and International Banking,
  • ADR, GDR and Participatory Notes
  • Electronic Banking
  • Branch Security
  • Money
  • Bank guarantees
  • Essentials of Bank computerization
  • Payment systems and Electronic Banking
  • Data communication Network and EFT systems
  • Security considerations
  • Basic Accountancy procedures
  • Maintenance of cash, subsidiary books and ledgers
  • Calculation of interest
  • Basel II Accord an overview
  • Calculation of YTM
  • Capital Budgeting
  • Depreciation
  • Definition, scope and Accounting Standards
  •  PNG Financial system –an overview
  • Banking Regulation in PNG
  • The Role of Bank of Papua New Guinea
  • Role and functions of Capital Market& Capital Market Regulator
  • Role and functions of Mutual Funds
  • Role and functions of Insurance companies, Bank assurance and Insurance Regulator
  • Factoring, forfeiting and off balance sheet items
  • Risk Management and Basel II-An overview
  • Credit Data Bureau
  • Recent development in PNG financial system
  • History of BPNG
  • The structure and organization of Bank of Papua New Guinea
  • Regulatory tools and supervision
  • Legal framework of Regulation of Banks
  • Control over organization of Banks
  • Regulation of Banking Business
  • Introduction to business organization
  • Principles of business communication
  • Writing skills
  • Effective speaking
  • Impromptu speeches
  • Listening skills & non-verbal communication
  • Interviewing techniques
  • Self awareness
  • Assertiveness
  • Meetings
  • E-mail and Internet communication
  • Report Writing
  • Letter Writing
  • Business English & Grammar
  • Marketing-an introduction
  • Business communications
  • Consumer Behavior and Product
  • Pricing
  • Distribution
  • Channel Management
  • Promotion
  • Role of Direct Selling Agent/ Direct Marketing Agent in aBank
  • Marketing Information system-a longitudinal analysis
  • Banker Customer Relationship
  • Banker’s Special Relationship
  • Customer service
  • Contracts of Indemnity
  • Contracts of Guarantee
  • Contract of Bailment
  • Contract of Pledge
  • Contract of Agency
  • Meaning and Essentials of a contract of sale
  • Conditions and Warranties
  • Case laws on responsibility of Paying Bank(with appropriate changes)
  • Case laws on responsibility of collecting Bank
  • Indemnities
  • Bank guarantees
  • Letters of Credit
  • Deferred Payment Guarantee
  • Laws relating to Bill Finance
  • Principles of lending, working capital assessment and credit monitoring
  • Ancillary services
  • Agricultural finance
  • Micro, Small and Medium Enterprises in PNG
  • Self Help Groups
  • Credit cards, Home loans, Personal loans, Consumer loans
  • Documentation
  • Different modes of charging securities
  • Types of collaterals and their characteristics
  • Laws relating to securities and modes of charging
  • Setting up SME
  • SME policy and Regulatory and legal framework
  • Institutional framework
  • Financing options and modes
  • SME Development
  • Clusters and cluster development
  • SME Rehabilitation
  • Future of SMEs
  • Various types of securities
  • Law relating to securities and modes of charging
  • Different types of Borrowers
  • Types of credit facilities
  • Secured and unsecured loans
  • Registration and satisfaction of charges
  • Introduction to International Business
  • Exchange Control
  • Foreign Trade and Balance of payments
  • Exchange Rate
  • Agency arrangements/Correspondent Banking
  • Nostro and Vostro Accounts
  • International Money Transfer Services
  • Money Market
  • Methods of Payment in International Trade
  • International Trade Documentation
  • Incoterms
  • Bills of Exchange
  • Documentary Collections
  • Documentary Credits
  • Forward exchange contracts