Solution Manual For Bank Management & Financial Services

Notes on the textbook

Beginning a new term or semester of an
educational program is always challenging and suffused with an air of
uncertainty. Did we take the right course or choose the most talented and
effective teacher? Do we have the background needed to learn everything that’s written
and discussed in this class? Is there content in this course that may change
our lives for the better? Or is all of this just a big waste of time?

Unfortunately, answers to these
important questions usually do not arrive until the formal educational
experience is coming to an end. Sometimes we still do not know how valuable a
particular course was even years later as we work our way into the middle of a
career. At the start of this venture most of us simply have to take a “leap of
faith” that our educational journey will ultimately turn out to be worthwhile.
But the opening of this particular book and the taking on of a course of study
in this particular field come with one reassurance. Few courses focus on
material that is likely to be as important to us as this one, whether we ultimately
become financial-service managers or follow some other career path. Our
lifestyles and living standards for years to come will depend, in part, on the
financial decisions we make and upon the willingness of financial-service
businesses to give us access to credit, protect and successfully manage our
savings, supply us with insurance coverage to protect our assets and income,
and execute payments on our behalf to the thousands of businesses and stores we
enter and with which we transact purchases of goods and services during our lifetime.
In short, this is a field of study about which we cannot afford to be ignorant.

This book, now entering its eighth
edition, is designed to help you explore this important, fascinatin