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 Elfriede VAN DER GHEYLEN ARIJS
Reference OCBMGF01A00003
 
Key words
HEADWORDS: Finances introduction, IWETO-code: S181-Financial science

Objectives
The module is an introduction to the formation parts "Investments" and "Credits" in the later years.

The student has to obtain an insight in the structure of the financial structure in Belgium and the influence market.

The student has to learn and evaluate the saving products offered by the financial institutions.

He has to learn to gather information independently and process this accurately and critically.

Topics
Part 1: Financial institutions
- Survey of the financial institutions and intermediaries: profiling, role, recent evolution
- Survey and working of the financial markets
- Paying systems
- Role of the central bank
- Supervision on the financial markets and operations
- Basic deontology principles

Part 2: Introduction to the investments
- Survey of the investment products
- Principles of compounding portfolio and criteria of the investments (return, risk, liquidity, tax law and costs)
- Saving products offered by the bank: savings accounts (banking and branch 21), forward accounts (in Euro and in currencies), sight bills, girocheques and subordinated certificats, insurance bills and government bills.

Prerequisites
No special foreknowledge required, but knowledge of economy and interest calculation is an asset.

Be inquisitive and have interest in the financial world.

Final Objectives
GENERAL COMPETENCIES

- Skills: work independently - actualise knowledge - consult sources - obtain and process information
- Attitudes: independence and ability to cope - be able to deal with information on an economic, juridical and financial level - be able to be selective in this information

SPECIFIC PROFESSIONAL COMPETENCIES

- Knowledge: knowledge of the financial products, their possibilities and limitations - knowledge of professional terminology - knowledge of financial documents - Knowledge of professional associations and organisations - knowledge of topicality and deontology with regard to the profession
- Skills: follow the financial and economic reality through professional literature

Materials used
Own syllabus

Study costs
Syllabus: against the accepted copy price: 5 to 10 Euro

Study guidance
The student can ask help with the subject lecturer for individual questions.

Feedback on tasks.

Teaching Methods
Teaching conversation

Use information sources actively

Independent work with feedback

Assessment
FIRST SESSION:

Part 1:
Written exam: 40%
Permanent evaluation: 10%
Part 2:
Written exam: 50%

SECOND SESSION:

Part 1:
Written exam: 50%
Part 2:
Written exam: 50%



Lecturer(s)