REPUBLIC OF THE PHILIPPINES

NORTHERN NEGROS STATE COLLEGE OF SCIENCE AND TECHNOLOGY

OLD SAGAY, SAGAY CITY, NEGROS OCCIDENTAL
ISO 9001:2015
CERTIFIED

COURSE SYLLABUS
in
Monetary Policy and Central Banking
First Semester AY 2020 - 2021

College: College of Business & Management Program: Bachelor of Science in Business Administration
Prepared by: Reviewed by:
RICHEL P. ALOB, Ph. D.
FREYA WYAN S. DELA CRUZ, LPT, CPA, MBA FREYA WYAN S. DELA CRUZ, LPT, CPA, MBA Dean, CBM
BA-Department Head & Subject Area Coordinator BA-Department Head & Subject Area Coordinator
MA. JANET S. GEROSO, LPT, Ph. D
Adapted by: CIMD Chairperson
MARY ANN T. ARCEÑO, LPT, Ph. D
ARMALYN S. CANGQUE, MBA GAD-Focal Person RENANTE A. EGCAS, LPT, Ph. D.
Instructor Vice Pres. for Academic Affairs

Course Code: FIN 4 Descriptive title: Strategic Financial Management

Course Description: This course enables the student to have an integrated view of the management of the financial institution. Topics include corporate environmental scanning, situation
audit, objective setting, strategy tactics and formulation, financial planning, and control in the context of a periodic planning cycle. Case studies of planning in financial institution will be
extensively used. The procedures, practices and policies by which accounting and financial management contribute to the successful performance of the organization will be discussed.
Course Credit(s): 3 units
Pre-requisites: Acctg. 1 & 2 and Fin 1 Lecture Hours/Week: 3 hours Laboratory Hours/Week: None
Mandate. The College is mandated to provide higher technological, professional, vocational instruction and training in science, forestry, fishery, agriculture, education, marine biology,
engineering and industrial courses; it shall promote research, advance studies, extension work and progressive leadership.
It shall likewise offer short-term technical or vocational courses, provide non-formal education and undertake vigorous extension and research programs in food production, nutrition,
and health and sports development.
Core Values: C – Creativity and Innovation A – Accountability and Openness R – Respect E –Excellence S- Service

Vision: SUN – NEGROS: a leading university by 2023

Mission: To produce excellent professionals who are locally responsive and globally competitive

Goals: 1. Acquired Certificate of Program Compliance (COPC) for all programs

2. Increased level of accreditation and sustained certification
3. Established academic programs which are centres of development and excellence
Institutional Learning Outcomes
The institution shall produce a graduate who can:
1. Sustain willingness to serve the country and the world;
2. Produce scientific and technological innovations;
3. Can engage in varied entrepreneurial activities;
4. Practice as a game-changer professional;
5. Demonstrate resiliency in any life challenges
Program Outcomes
The program shall produce a graduate who can:
1. Articulate and discuss the latest developments in the specific field of practice;
2. Effectively communicate orally and in writing using both English and Filipino;
3. Work effectively and independently in multi-disciplinary and multi-cultural teams;
4. Act in recognition of professional, social and ethical responsibility;
5. Preserve and promote “Filipino historical and cultural heritage”
6. Perform the basic functions of management such as planning, organizing, staffing, directing and controlling;
7. Apply the basic concepts that underlie each of the functional areas of business (marketing, finance, human resource management, production and operations management, information
technology, and strategic management) and employ these concepts in various business situations;
8. Select the proper decision-making tools to critically, analytically and creatively solve problems and drive results;
9. Express oneself clearly and communicate effectively with stakeholders both in oral and written forms;
10. Apply information and communication technology (ICT) skills as required by the business environment;
11. Work effectively with other stakeholders and manage conflict in the workplace;
12. Plan and implement business related activities’
13. Demonstrate corporate citizenship and social responsibility;
14. Excuse high personal, moral and ethical standards;
15. Analyse the business environment for strategic direction
16. Prepare operational plans;
17. Innovate business ideas based on emerging industries;
18. Manage a strategic business unit for economic sustainability;
19. Conduct business research.
NONESCOST BSBA Program Outcomes
The program shall produce a graduate who can:
1. Apply current trends and relevant practices in the business environment.
2. Conceptualize, utilize and commercialize business research outputs.
3. Demonstrate social responsiveness to the needs of the community in the field of business and management.
Course Intended Learning Outcomes
At the end of the course the students shall be able to :
CILO 1: Recognize the importance of money and monetary policy.
CILO 2: See the bigger picture of the Philippine financial system (central bank and financial institutions) international partners;
CILO 3: Identify the organizational structure and functions of Bangko Sentral ng Pilipinas;
CILO 4: Analyze the effects of monetary policy instruments to the economic activity;
CILO 5: Strengthen the ability to apply economic concepts to explain real-world situation; and
CILO 6: Illustrate the structure of central banks globally (US and Europe) and analyse global issues on central banking
 Time
Competencies Topics ILO’s Teaching/ Equipment Textbook Assessment Allotment Remarks
(Specific Objectives) Learning Activities Materials (T) (Hours)
Reference Lec Lab
(R)

The students are NONESCOST At the end of the session the 1. Brainstorming Laptop; Copy of 1. Reflective Journal Writing 1
expected to discuss VMGO students should be able to: 2. Questions and LCD the 2. Pledge of Commitment
and share insights on 1. Share their personal views answers Projector. Syllabus 3. Discussion
the VMGO of the and verbalize their insights/ 3. Lecturette
School commitment to the VMGO of
the College.

State the importance Concept of 1. Discuss the concept of 1. Discussion Whiteboard, T1 pp 2-7 1. Oral Participation 3
of money. Money, money. Whiteboard
Functions of 2. Identify the functions of 2. Questions and Marker 2. Quizzes
Value Focus: Money, money. answers Laptop,
Honesty, Integrity, Characteristics 3. Enumerate the 3.Think-Pair-Share LCD 3. Discussion
Openness and of Good Money characteristics of good money. Projector.
Accountability and Importance 4. Share insights about the 4. Sharing of insights. 4. Oral Participation
of Money. importance of money.
CILO 1 & 2

Discuss the different Commodity 1. Compare and contrast 1. Discussion Whiteboard, T1 pp 11- 1. Oral Participation 3
types of money. Money, Metallic Commodity money, Whiteboard 13
Money, Paper Metallic money, Paper and Marker
Value Focus: Money and Coins. Laptop,
Creativity and Coins. 2. Share insights about 2. Think-Pair-Shair LCD
Innovation types/form of money. Projector.

CILO 1 & 2

Recognize the bigger Classification of 1. Discuss the classification of 1. Discussion Whiteboard, T1 pp 15 - 1. Oral Participation 3
picture of Philippine money, legal money. 2. Questions and Whiteboard 24
Financial system and tender and 2. Compare and contrast legal answers Marker, 2. Quizzes
its components. currency, tender and currency. Laptop, LCD
monetary 3. Illustrate the monetary 3. Questions and Projector. 3. Group presentation with
Value Focus: systems and system of the country. answer rubrics
Creativity & kinds of 4. Define the kinds of 4. Discussion
Excellence monetary monetary standard.
standard and 5. List the characteristics of 5. Seat work
CILO 1 & 3 characteristics Philippines currency.
of Philippines
currency.
Discuss the history of The Central 1. Trace the history of the 1. Timeline Whiteboard, T1 pp 80- 1. Oral Participation 4
CBP/BSP and define Bank of the central bank of the Philippines. Whiteboard 86
the legal obligations Philippines / The 2. Discuss who comprises the 2. Questions and Marker 2. Quizzes
of the members of Bangko Sentral monetary board. answers, Laptop, LCD SRM 2
the monetary board. ng Pilipinas, the 3. Share insights about the 3. Discussion Projector. 3. Oral Participation
monetary board euro currency by illustrating Speaker
Value Focus: and Euro the euro bank notes. Prelim examination
Creativity & Currency.
Innovation

CILO 3

State the history of History of 1. Trace the history of the 1. Timeline Whiteboard, T1 pp 218- 1. Oral Participation 4
the Philippine Philippine Philippine Banking Whiteboard 223
Banking and its Banking. Marker 2. Quizzes
implications to the Laptop,
economy. Banking 2. Elaborate the banking 2. Group Presentation LCD Output: Narrative Report
Theories theories and give example. Projector.
Value Focus: Speaker Prelim Examination
Creativity 3. Share insights about
banking theories
CILO 1,2,3

Recognize the Depository 1. Compare and contrast 1. Question and Whiteboard, T1 pp 226- 1. Oral Participation 3
differences between Institutions & Depository between Answer Whiteboard 228
depository institution Non-depository Institutions & Non-depository Marker,
& non-depository Institution Institution. Laptop,
institution. 2. Discussion LCD
2. List the areas of depository Projector.
Value Focus: institution and non-
Creativity & depository institution.
Openness

CILO 1, 2, 3
Recognize the Law on Secrecy 1. Discuss the law on secrecy 1. Discussion & Whiteboard, T1 pp 237 1. Oral Participation 3
importance of of Bank of bank deposits, foreign Questions and Whiteboard - 243
understanding such Deposits. currency deposit act of the answers Marker 2. Quizzes
laws in terms of Philippines, Philippine deposit Laptop, SRM1
banking and finance. Foreign insurance act. 2. Think Pair Share LCD 3. Oral Participation
Currency 2. Thoroughly define each Projector, SRM3
Deposit Act of term used by each law. 3. Group Reporting
Value Focus: the Philippines. 3. Share insights about the
Accountability & importance of law on secrecy
Openness Philippine of bank deposits, foreign
Deposit currency deposit act of the
CILO 1 & 2 Insurance Act Philippines, Philippine deposit
insurance act.

Discuss how the The financial 1. Explain the role of the 1. Discussion Whiteboard, T2 pp 1-29 1. Oral Participation 3
financial system system financial system and why it is Whiteboard
works. important to individuals and to Marker
the economy. Laptop,
2. Explain the ways that funds 2. Questions and LCD 2. Quizzes
Value Focus: are transferred between answers Projector.
Accountability & surplus spending unit and Speaker 3. Discussion
Openness deficit spending unit. 3. Think-Pair-Share
3. Discuss the major
CILO 1 , 2 & 3 difference between money and
capital markets.
4. Identify the major risks that 4. Lecturete 4. Oral Participation.
financial institutions must
manage.

Explain the Central The Central 1. Identify the most powerful 1. Discussion Whiteboard, T2 pp 35- 1. Oral Participation 3
Bank primary Bank and its policy group within Central Whiteboard 69
responsibilities. power Bank and discuss its power. Marker 2. Quizzes
2. Explain how Central Bank 2. Questions and Laptop,
Value Focus: conducts monetary policy and answers LCD 3. Group Presentation with
Creativity & tools at its disposal. Projector, Rubrics.
3. Share insights why open 3. Lecturette Speaker
Innovation
market operation is the Central
Bank’s primary tool to conduct
CILO 1, 2 & 3 monetary policy.
4. Discuss the problems to the 4. Discussion
establishment of central Bank
of the Philippines.
Discuss the role of The Federal 1. Explain how Federal 1. Discussion Whiteboard, T2 pp 10 - 1. Oral Participation 3
Federal Reserve/Bangko Reserve/BSP measures and Whiteboard 103
Reserve/Central Sentral ng manage money supply 2. Questions and Marker 2. Quizzes
Bank in conducting Pilipinas and 2. Share insights on how answers Laptop,
monetary policy. Interest Rate Federal Reserve/BSP LCD 3. On the spot individual
influences the level of interest 3. Buzz Groups Projector, computation.
Value Focus: rates in the economy. Speaker.
Creativity & 3. Describe the transmission Output: Narrative Report
Innovation process for monetary policy,
Midterm Examination
CILO 1, 2 ,3 & 6

Discuss the bank’s Commercial 1. Explain how banks make 1. Discussion Whiteboard, T2 pp 378- 1. Oral Participation 3
sources and uses of Bank Operation lending decisions and how Whiteboard 414
they price their loans. 2. Group Reporting Marker 2. Quizzes
funds as reflected on
2. Describe the various fee Laptop,
their balance sheets. based activities of banks. 3. Library Work. LCD 3. Group Presentation with
3. Share insights on recent Projector. Rubrics.
Value Focus: trends concerning bank
Accountability and earning and performance.
Openness 4. Explain the various off-
balance-sheet activities of
CILO 1, 2 & 3 banks.

Describe the Regulation of 1. Discuss the reasons why 1. Discussion Whiteboard, T2 pp 444- 1. Oral Participation 3
responsibilities of the Financial banks are regulated. Whiteboard 477
various bank Institution 2. Explain FDIC/PDIC 2. Questions and Marker 2. Quizzes
regulatory agencies. insurance and how this answers Laptop, SRM 4
insurance goes about paying LCD 3. Group Presentation with
depositors and disposing of 3. Situation analysis Projector, Rubrics.
Value Focus: the assets of failed bank.
Creativity & 3. Explain the role of capital
Innovation requirements and bank
examination process in
CILO 1, 2, & 3 promoting safety and
soundness in the banking
system.
4. Discuss the various
consumer protection
regulations with which bank
must comply.
Describe the Thrift Institutions 1. Discuss the historical 1. Discussion Whiteboard, T2 pp 480- 1. Oral Participation 3
operation and and Finance development of saving Whiteboard 509
organizational Companies institutions. 2. Questions and Marker, 2. Quizzes
structure of credit 2. Describe the balance sheet answers Laptop,
unions. composition of saving LCD
institutions. 3. Group Reporting Projector, 2. Group Presentation with
Values Focus: 3. Explain the various types of Speaker Rubrics.
Creativity and finance companies and the .
roles they play in providing
Innovation
credit.
CILO 1, 2 & 3

Discuss the Insurance 1. Explain how the insurance 1. Discussion Whiteboard, T2 pp 510 1. Oral Participation 3
economic structure of companies and mechanism works, Whiteboard - 539
the insurance Pension Funds including the concepts of Marker, 2. Group presentation with
industry, the various pooling and risk transfer, Laptop, rubrics
forms of and the requisites of LCD
organizations that privately insurable risk. Projector, 3. Quizzes
operate in the 2. Share insights about 2. Questions and
insurance industry, objective risk and explain answers
and how and why the ways in which insurers can
insurance industry is reduce the objective risk of
regulated. their operations.
3. Compare and contrast 3. Question and
Value Focus: marketed by life and health answers
Accountability & insurers and property and
Openness liability insurers.
4. Discuss retirement plans 4. Group Reporting
CILO 1, 2 &3 and regulation of retirement
plans.

Explain the core Investment 1. Describe what private 1. Discussion Whiteboard, T2 pp 542 1. Oral Participation 3
activities of Banking equity funds do. Whiteboard -566
investment banks. 2. Share insight about the 2. Group Reporting Marker, 2. Group presentation with
reasons for the enactment Laptop, rubrics
Value Focus: of the Glass-Seagal Act of LCD
Creativity & 1933 and discuss its impact Projector 3. Quizzes
Innovation on commercial and 3. Question and
investment banking. answers
CILO 1, 2, & 3 3. Explain why investment
bankers typically under-
price new securities when
they are sold in the primary
markets.
 Describe various Risk 1. Explain profitability-versus- 1. Discussion Whiteboard, T2 pp 563- 1. Oral Participation 3
approaches to Management in safety trade off faced by Whiteboard 597
minimizing interest Financial banks and other financial Marker, 2. Group presentation with
rate risk. Institutions institutions. Laptop, SRM 5 rubrics
2. Discuss how banks and 2. Group Reporting LCD
Value Focus: Special Topics: other financial institutions Projector 3. Quizzes
Creativity & Role of Gender manage their liquidity risk. OR 4
Innovation Diversity in the 3. Describe the methods used 3. Question and Output: Narrative Report
Risk to manage credit risk. answers
GAD Focus: Gender Management of 4. Explain how gender Endterm Examination
Equality the Financial diversity improve risk
Institution. management of financial
CILO 1, 2, & 3 institutions.
This syllabus is flexible, i.e., the professor may add competencies, may change activities which are appropriate for the topics, which he/she may deem necessary.

Grading System:

ASSESSMENT: FOR COURSES WITHOUT LABORATORY

Type of Assessment Weight

Quizzes 30%
Participation 20%
Projects/Assignment 20%
Term Examinations 30%

Total 100%

Final Grade = Prelim 30% + Midterm 30% + End term 40% = 100%

Course Requirements:

1. Reflection Papers/ Narrative Report of Student’s

2. Group/Individual Presentation of assigned topics Regular Class Attendance

3. Oral participation

4. Quizzes

5. Term Exam

6. Seatwork

7. Case Study
Supplementary Reading Materials:

SRM1. New Central Bank Act (RA 7653)

SRM2. BSP Primer on Inflation Targeting

SRM3. Anti-Money Laundering Act of 2001 (RA 9160)

SRM4. New about the RCBC-Bangladesh Money Laundering Case

SRM5. News about the Greek Financial Crisis

Textbook:
T1. Mutya, R.A. (2012). 2nd Edition. Introduction to the Philippine Money, Credit, and Banking. Mandaluyong City, Philippines: Cacho Hermanos, Inc.

T2. Kidwell, D.S. (2013). Financial Institutions, Markets and Money. Singapore: John Wiley and Sons.

On line References:

OR1. www.bsp.gov.ph

OR2. www.neda.gov.ph

OR3.. www.investopedia.com

OR4. www.abacademies.org/articles/Female-leadership-in-banking-and-bank-risk-1528-2635-21-3-122.pdf