Why should you take this course?
Across countries at all development levels, small and medium-sized enterprises (SMEs) account for most businesses worldwide. They are the engines of innovation, employment creation, economic growth and social well-being. Globally, SMEs represent over 95% of all firms, account for approximately 50% of GDP and 60%–70% of total employment. Accordingly, SME development is a high priority for all countries around the world.
Recent research conducted by the European Central Bank and the European Commission shows that; bank-related products are the most relevant financing source for SMEs than market-based instruments and other finance sources. Bank financing helps them formalize their activities and build a good credit record, which in turn help them formalize their activities. However, the majority are unserved or underserved by financial institutions. Thereby, SMEs remain to be untapped opportunities for the banking and finance industry.
Based on broad experience in practical project work and theoretical knowledge, this online course will teach you the fundamentals of SME bank financing and best practices on approaching this segment with real-world examples. This course blends information gathered through interviews with senior officers from leading international banks. Arguments are supported by well-defined and established statistics.
Upon successful completion of this course, you will have a throughout comprehension of principal concepts and banking products in SME finance.
You will be able to:
Recall the difference in the nature and needs of SMEs to large enterprises
Identify financial products and services required by SMEs
Analyze lending technologies and risk mitigation techniques deployed by the banks
Recall non-financial services offered by banks, the rationale and the coping strategies with costs associated with delivering such services
You'll also have a basic understanding of recent trends and developments in SME finance.
We have six chapters with high-quality explanatory videos and fully detailed notebooks that go along with each lecture video. We also have full practice exams at the end of each chapter to assess your knowledge and understanding. Not only will you get the unique educational content of videos and notebooks, but you will also get access to online Q&A forums. We are happy to help out with any questions you might have.
Attribution: Background music in promo video is royalty free music from Bensound.