Secure your team(s) entry, spaces are limited. Leave us with your email contact details below.

Thank You

Do you have what it takes to be crowned Tanzania's Best Young Banker for 2023?



Akiba Bank
Stanbic Bank
NMB Bank
NBC Bank
FINCA Microfinance Bank
Kilimanjaro Cooperative Bank Limited
Tanzania Agricultral Dev Bank
Equity Bank
Azania Bank
Diamond Trust Bank
Maendeleo Bank

Banks that have entered the 2023 Tanzanian Bankers Challenge

Course Summary

The Bank Management Simulation Program provides participants with a broad perspective on the business of banking. By taking on the role of the management team of a virtual bank for the duration of four financial quarters, participants of the Battle of the Banks (BOTB) become familiar with the products and the activities of a full-service bank.

Whilst interacting with the banking simulation that is close to reality, participants get to experience the impact that the economy, regulations as well as the competition have on the financial performance of a bank. Decisions are also made on the mitigation of some key risks facing banks today. The simulation program provides a powerful and engaging learning experience set in the context of the current banking environment. Participants develop skills and insights focusing on what it takes to manage a full-service bank successfully in today's competitive and volatile marketplace.

Who should participate in Battle of the Bank$?

The simulation program provides a powerful and engaging learning experience set in the context of the current banking environment. Participants develop skills and insights focusing on what it takes to manage a full-service bank successfully in today's competitive and volatile marketplace.

The program is ideally suited to the training of the following persons:

  • Junior to mid-level management

  • Young bank executives who need to expand their overall understanding of the management of a bank.

  • Personnel from Finance, Risk Management, Internal Audit and Compliance who need to expand their understanding of the key activities and products in a bank

  • Non-banking professionals active in the financial services sector who need to be familiar with the complexities of management in financial institutions.

Course curriculum

    1. How to navigate through this course

    2. Getting Started...

    3. Key Learning Objectives

    4. What to expect...

    5. Meet your instructors | Live webinar invitation | Wedensday, 8 Februuary 2023 | 09h00 - 12h00 SAT

    6. Meet your instructors | Recording | Wednesday, 8 February 2023

    1. ALM and the growing importance

    2. Systemic, Liquidity and Interest rate risk

    3. Managing risk

    1. About the Simulation Program

    2. Registration Instructions

    3. Assignment 1 | Financial Intermediation

    4. Assignment 1 | Quiz

    5. Assignment 2 | Funding Analysis

    6. Assignment 2 | Quiz

    7. Assignment 3 | Interest Rate Risk

    8. Assignment 3 | Quiz

    9. Assignment 4 | Liquidity Risk

    10. Assignment 4 | Quiz

    11. Assignment 5 | Credit Risk

    12. Assignment 5 | Quiz

    13. Assignment 6 | All-in cost and Net return

    14. Assignment 6 | Quiz

    15. Assignment 7 | Basel Ratios

    16. Assignment 7 | Quiz

    17. Assignment reviews | Live webinar | Wednesday, 22 February 2023 | 09h00 - 12h00 SAT

    18. Assignments Review | Recording | Wednesday, 22 February 2023

    1. A note on Reserve Requirements

    2. Practice Round..How to play?

    3. Tanzania's Economic Forecast - NEWS BULLETIN

    4. Practice Round Q1 review | Live webinar | Friday, 24 February 2023 | 14h00 SAT

    5. Practice Round Review | Recording | Friday, 24 February 2023_part 2

    6. Practice Round Review | Live webinar | Wednesday, 1 March 2023 | 09h00 - 12h00 SAT

    7. Practice Round Review - Downloads

    8. Practice Round Review | Recording | Wednesday, 1 March 2023

    1. Competition | Getting started

    2. Economic Report by Central Bank - Quarter 1

    3. Economic Forecasting Tool

    4. Economic Forecast Report by Central Bank - Quarter 2

    5. Mid year Banks review | Live webinar| Wednesday, 8 March 2023 | 09h00 SAT

    6. Mid year Banks review reviews | Recording | Wednesday, 8 March 2023

    7. Mid year (Q1 and Q2 ) analysis download | 8 March 2023

    8. Economic Forecast Report by Central Bank - Quarter 3

    9. Relevant FT Bank ALM Article - Andrew Kinsey

    10. The collapse of Silicon Valley Bank (SVB) - Why the collapse of SVB is spooking Wall Street

    11. Economic Forecast Report by Central Bank - Quarter 4

    12. End year Banks review | Live webinar | Wednesday, 15 March 2023 | 09h00 SAT | Teams cut to 12

    13. End year Banks review reviews | Recording | Wednesday, 15 March 2023

    1. Quarter 1 Economic Report

    2. Quarter 2 Economic Report

    3. Review and results | Live webinar | Wednesday, 22 March 2023 | 09h00 SAT | Down to final 4 teams

    4. Mid-year (Final cut) review and results | Recording | Wednesday, 22 March 2023

About this course

  • $2,750.00
  • 55 lessons
  • 5 hours of video content
  • 7 Simulator exercises

Key Learning Objectives

After having completed the Battle of the Banks gamified program, you will:

  • Have an understanding of the impact of changing economic conditions.

  • Have an enhanced understanding of the different activities that are typically performed by a full-services bank.

  • Have an enhanced understanding of the key decisions taken by the management team (Exco) in a bank through inter alia the ALCO process.

  • Have an overview of how different areas of the business interact to produce overall business and financial performance.

  • Have an enhanced understanding of the key risks faced by banks today.

  • Be more familiar with the different types of financial statements that reflect profitability as well as the key performance measures used in banking



    *Team Entry into Battle of the Bank$ Africa.
    *A floating trophy for the Institution being represented by the team.
    *Individual winners’ trophies.
    *Each member receives a coupon to the value of $2000 from ICAP Academy (April 2023 – March 2024).


    *Team Entry into Battle of the Bank$ Africa.
    *Silver medals (2rd place) and Certificates
    *Each member receives a coupon to the value of $1000 from ICAP Academy (April 2023 – March 2024).


    *Team Entry into Battle of the Bank$ Africa.
    *Bronze medal (3rd place) and Certificates
    *Each member receives a coupon to the value of $500 from ICAP Academy (April 2023 – March 2024).


    *4th place medals.
    *Each member receives a coupon value of $250 from ICAP Academy
    * 4th place Certificates


    *Most Agressive bank (Semi-Final)
    *Most Agressive Bank (Final)
    *Most Cautious Bank (Semi-Final)
    *Most Cautious Bank (Final)
    *Best Bank Presentation (Final)

Bonus material

Receive 2 FREE e-learning courses when you register.

  • An Introduction to Assets and Liabilities

    $399 value

    This course explores the issues and challenges of Asset and Liability Management for bank risk managers, auditors, and regulators. It emphasizes practical advantages and disadvantages of risk measurement and management tools and techniques, using samples of best practice risk reports.

  • An Introduction to Basel II and III

    $299 value

    This course provides a detailed overview of the history of the Basel Accords. It describes the regulatory tools that are available in Basel II and the risks that are covered and not covered, while also explaining the ICAAP and capital management.


Meet your instructors

Theo Van Wyk

Course Director

Theo van Wyk started his career as an economist in both the public and banking sector from 1980, where after he specialised in the financial services industry in asset and liability risk management (ALM). He was Group Economist for Saambou Bank between 1988 and 1991. He joined SPL Treasury Services between 1991 and 1995 as consultant on ALM and treasury systems, servicing both retail and corporate banks, as well as business entities with specialized treasury operations, initially locally, and later also in the rest of Africa.
Theo holds a B Comm (Law) degree from the University of Potchefstroom (now Northwest) and an honours degree in Economics (cum laude) also from Potchefstroom. He also completed a Wharton Executive Education Program at the University of Pennsylvania.

Andrew Kinsey

Course Director

Andrew has over 25 years’ experience in financial markets both for international and local (South African) institutions. He was a trader and senior manager in the derivatives and cash-trading environment, and worked as a Derivatives Trader at Nedcor, Standard Bank and Corpcapital Bank, trading foreign exchange, fixed income and equity assets. He was head of the ABN AMRO South Africa Money Market and Foreign Exchange unit. From 2008 to 2014 he was Head of Market and Trading Risk at the Purple Capital Group. This set the basis for the next period as he moved into risk management for hedge funds and in the online trading environment. This allowed him to build on his skills as a market trader to construct risk management systems, which illuminated granular market exposures as well as a communication tool for the business executives. At the same time he began to spend an increasing amount of time training and lecturing both graduates and experienced staff in market products and economics.

Social proof: testimonials

“We love the Battle of the Bank$ Competition because its all about empowering Banks and empowering people that work in Banks to think about the broader business and need to think like business owners.”

Sneha Shah, Managing Director, Global Head of Risk Managed Services| Refinitiv

“"You have to do it, it will only help you best understand why we are here, what is expected of us and how we can add value"”

Caroline Kamerika, Client Portfolio Manager | FNB Namibia

“I encourage my colleagues to participate, the course/competitions was a great learning platform that allowed me to broaden my horizons and also to get to know my team mates better.”

Riccardo Mbaiz, Settlements Specialist| RMB Namibia

“I will highly recommend him/her to consider the option of joining the competition because the learning and imparted knowledge is vast and not to be missed.

The course was intense. The presenters have vast knowledge on the subject matters and I will highly recommend anyone intending to upskill him or herself. ”

Lahja M. Hailulu Trustee Servises | RMB Namibia

““I have ve been in Banking for close to 10 years and I didn’t know that there was so much I didn’t know about the rest of the bank, or why my CEO makes the decisions he makes! But after going through the Battle of the Banks, I now understand the reasoning.””

Adedayo Adeyanju, Credit Analysis, Credit Risk-Control | GT Bank NIgeria

Want to pay by bank transaction?

Get in touch with us and we can send you an invoice for payment.

Should you wish to enter more than 3 teams, please contact us for pricing.

Do you have what it takes to be a Chief Executive Officer of a full-service Bank?

Come and test yourself in this year’s competition. We are going to test your bank management capabilities with simulations that draw upon real-time experiences faced by bank executives during COVID-19.