THE COURSE (The 8th Edition of DIT available 12/10/06)

DIT provides a basic understanding of the U.S. banking industry: what it does, how it works, and why. Authored and published by HRW, DIT is a soft bound self-study course for individuals who have limited knowledge of depository institutions. It is widely used by banks in a variety of in-house training programs and by firms such as IBM to introduce personnel to the banking industry.

Depending on an individuals background, DIT can be completed in 12 to 24 hours.  A number of clients provide new hires with the DIT course before they report for assignment.
In one, easy-to-understand program, DIT combines basic concepts from banking's many functions and disciplines:
Economics
Accounting
Basic finance
Management

KEY FEATURES

Self-paced for individualized study
Written in plain English to aid comprehension
Divided into short modules for convenient use
Packed with review questions to enhance learning
Concluded with a separate final exam to assure successful completion
Indexed for easy reference.

BENEFITS

DIT is a self-study program so your only cost is the course materials.
No salary costs
No lost productivity
No travel expenses
No instructor or facilities costs
150 pages      

You are assured that your people learn the basics. The optional final exam, a twenty-five minute, multiple-choice test, determines successful completion of the course.

DIT OVERVIEW

DIT provides a developmental progression; each section builds and expands on content from previous sections. Each major section is divided into modules with extensive review questions to test and reinforce learning.

ECONOMICS AND BANKING
Explains basic economic and monetary theories of banking, using simplified examples and diagrams.

PRE-DEPRESSION BANKING
Shows how the economic theory explained in first section works in a social and political environment by tracing the development of banking in the U.S. from Colonial times to the Great Depression.

REGULATORY SYSTEMS TODAY
Describes the entities with regulatory powers over U.S. financial institutions; explains their policies and the effect of these on banking practices and the economy.

ACCOUNTING BASICS
Builds a simplified bank balance sheet from the initial investment through the beginning of bank operations; explains the income statement. Participants derive income statements for a simplified bank.

FUNDAMENTALS OF PROFITABILITY
Explains why profit is important. The Profitability Model demonstrates how key profit variables of depository institutions function and how they can be managed and controlled.

CONTEMPORARY BANKING
Describes the evolution of new liability and asset products and their impact on deregulation and management practices. Discusses how the present environment may continue to evolve.

WHO BENEFITS?

DIT provides the basics for many functions within a banking organization or firms interested in banking.
Entry level personnel
Non-bank specialists
Personnel from industries that sell to and provide service or products to depository  institutions.
 Personnel transitioning from staff to line functions in banking.   
Outside Directors                 

HOW CAN DIT BE USED?

DIT can be used as a stand-alone course or as foundation program to enable or enhance other training programs. Specialized training in sales, credit, or operations is more effective when participants understand the overall framework of the banking industry today. 

COST