COMMERCIAL AND FINANCIAL TECHNIQUES
 
Lectured in 1st year Bachelor in business studies - Main Subject: Logistics management
Theory [A] 37.5
Exercises [B] 0.0
Training and projects [C] 0.0
Studytime [D] 125
Studypoints [E] 5
Level introductory
Language of instruction Dutch
Lecturer Carole VAN SINAY
Reference OCBMGL01A00003
 
Key words
HEADWORDS:, Trading and Financial techniques, IWETO-code S186 International trade

Objectives
- The student has to obtain an insight in the complexity of the current business affairs, actual trends and evolution.
- He has to obtain an insight in the structure of the Belgian distribution sector.
- He can evaluate the importance of the export for the Belgian economy.
- He can put accents on the European integration process and evaluate the consequences for the trade and the employment.
- The student has an insight in the flexibility of the trade process, the riks of the trade activities and knows how to anticipate on this.
- The student has to obtain interest for the current affairs concerning the trade happenings.

Topics
Trade: origin and setting

Organisation of trade and distribution

Intermediary in the trade

Trade balance

Characteristics of the Belgian international trade

Trade policy and trade agreements

European integration

Customs settlement in the international trade

Discussions of actual trade techniques, the financial products

Trade documents

Paying skills and financial skills

Risk management

Discussion of the financial sector and the organisation of the produce trade in the actual global context

Prerequisites
no specific basic competencies required

Final Objectives
KNOWLEDGE:

General professional requisites:
- Basic knowledge of trade-and finacial documents.
- Imposed knowledge of trade documents.
- Master trade- and financial techniques.
- Knowledge of legal, economic and accountancy documents

SKILLS:

General professional requisites:
- Follow the big economic developments
- Be able to appliy trade-and financial techniques in the given circumstances.

ATTITUDES:

General professional requisites:
- Inquisitiveness and actualise knowledge permanently.

Materials used
Handbook (Foreign trade - Temmerman/Walters - publishing company de Boeck).
Extra document material through websites + own -by students- collected documentation
material; video material.

Study costs
Handbook and possible photocopy's at accepted market price of the college of higher education Gent.

Study guidance
Individual learning problems can always be discussed with the teacher.

Teaching Methods
Formal lectures completed with actual acknowledgement.

Follow topicality per chapter.

Own contribution of the students is stimulated and teamwork is encouraged through interactive group discussions.

Assessment
First session: Written exam: 100%

Second session: Written exam: 100%



Lecturer(s)