INTRODUCTION TO FINANCES
 
Lectured in 1st year Bachelor in business studies - Main Subject: Financing and Insurance
Theory [A] 25.0
Exercises [B] 12.5
Training and projects [C] 0.0
Studytime [D] 125
Studypoints [E] 5
Level introductory
Language of instruction Dutch
Lecturer Paul DIRKS
Reference RCBMGF01A00003
 
Key words
Introduction to finances

Objectives
The course is an introduction to the courses "Investing" and "Credit" in the second and third years.
The student gains an insight into the structure of the financial sector in Belgium and the financial market.
He learns to obtain information independently and process it accurately and with critical sense.

Topics
Part I : Financial Institutions
  • Survey of financial institutions and intermediaries: profile, function, recent developments
  • Survey and operation of financial markets
  • Money transfer systems
  • Role of the central bank
  • Supervision of financial markets and operations.
  • Basic principles of deontology
Part II : Introduction to investments
  • Survey of investment possibilities
  • Principles of forming portfolios and criteria for investing (return, risk, liquidity and costs)
  • Saving possibilities offered by banks : savings accounts, current accounts, certificates of deposit, government securities…


Prerequisites
No special preliminary knowledge required, but basic knowledge of economics would be an asset.
Being eager to learn and being interested in the financial world.

Final Objectives
Knowledge:
Job-related (specific)
  • Knowledge of financial products, their possibilities and restrictions
  • Knowledge of professional literature
  • Knowledge of financial documents
  • Knowledge of professional associations and organizations
  • Keeping abreast of topical matters and deontology
Skills:
General:
  • Being able to work on one's own
  • bringing one's knowledge up to date
  • consulting sources
  • acquiring and assimilating information
Job-related (specific)
  • Following the financial and economic realities through professional literature
Attitudes:
  • Independence and self-motivation
  • Being able to handle economic, judicial and financial information
  • Being able to select this information


Materials used
syllabus

Study costs
Syllabus : unit price determined under Hogeschool rules

Study guidance
The lecturer is available for individual questions.

Teaching Methods
Question-and-answer method
Active use of financial newspapers
Independent work with feedback

Assessment
  • First exam session:
    Part I : financial institutions : continuous assessment 20%, written exam 80%
    Part II : Introduction to investments : 100 % written exam
  • Second exam session:
    Part I : 100 % written exam
    Part II : 100 % written exam


Lecturer(s)