according to facebooks quiz it says that Professor Babbling teaches ancient runes but I've never heard of him/her! hope this helps
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You read and write runes, not speak.
Quite a few different jobs. banker needs arithmacy - and for additional skills in banks- ancient runes teacher of any of those subjects work in pretty much any department at the ministry-minus auror...such as: magical law enforcement experimental charms magical sports ad games etc...
Sting is not a person. Sting is the name of the sword that came into Bilbo's possession. The runes on the blade say that the sword's name is Maegnas, literally 'sharp point', and could be translated as 'Sting'. Bilbo gave the weapon that name though without knowing the meaning of the runes.
You obviously haven't read the Harry Potter series! (which I highly recommend you doing!!!) In Hogwarts School of Witchcraft and Wizardry, the students are placed into four different houses: Gryffindor, Slytherin, Hufflepuff and Ravenclaw.
The secret entrance to the Lonely Mountin. That is explained in the chapter "An Unexpected Party". Gandalf says, "There is one point that you haven't noticed and that is the secret entrance. You see that rune on the West side, and the hand pointing to it from the other runes? That marks a hidden passage to the Lower Halls." The runes say "Five feet high the door and three may walk abreast."