Bank Fundamentals: An Introduction to the World of Finance and Banking

This booklet is an introduction to banking for people that work in the finance industry but don't have a financial back ground. Finance is not Rocket Science: after reading this short booklet you will understand the core activities of banks and income sources. Further you will get why the 2008 financial crisis was possible and understand why Central banks and politicians (should) act. More

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About Michiel van den Broek

After obtaining my masters degree Business Economics (MSc) at Erasmus University Rotterdam in 1988, I have gained expertise in treasury, banking, finance and project management. In 1998 I started my own financial consultancy company: Hecht Consult.
Since 2005 my major activity is to train participants who work for Banks and (Corporate) Treasury Departments. I know from practical experience that finance is not rocket science and you do not need to be a mathematical wizard to understand finance.
My training method targets to strip complex financial topics to the basic structure. The basic structure will support participants to understand and use finance in their future work practice. I have trained hundreds of participants, and many have different backgrounds and finance experience - for example: chartered accountants, controllers, journalists, consultants, IT professionals, and University graduates.

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