Erasmus students
*Preliminary
Semester Description 2011-2012
AP degree programme in Financial Management
2. Projects and exams ..................................................................................................................... 2 3. Introduction to Danish Language and Culture ........................................................................... 2 4. Important dates to respect .......................................................................................................... 2 5. Indicative description ................................................................................................................. 3 5.1 2nd semester - spring 2012................................................................................................... 3
Please be aware that:
As an Erasmus student you are studying under the same conditions as regular students. You will be studying in classes with Danish as well as other international students.
The educational programmes are NOT modularized. The teaching and the exams are often interdisciplinary. This means that it is NOT possible for you to select individual parts/classes of one educational programme and combine with other parts/classes of another programme in order to compose an individual study programme. You have to apply for a full semester of one educational programme of at least 30 ECTS as described in the Preliminary Semester Description.
The teaching is based on dialogues and projects. You MUST have English qualifications corresponding to TOEFL 550 or IELTS 6.0.
It is important that you study the preliminary semester description carefully to ensure that you make the right choice of programme.
________________________________________________________________________ Business Academy Copenhagen North, Trongaardsvej 44, DK 2800 Lyngby, tel +45 88 52 66 00, fax +45 88 52 66 10, www.cphnorth.dk Since January 2009 Business Academy Copenhagen North is part of a new institution named Copenhagen Business – Academy of Professional Higher Education (DK KOBENHA57)
1. Overview of themes and subjects 2nd semester Themes Subjects Financial Markets and Enterprises
The financial sector and Society
Financial Counselling of Personal Customers
ECTS
6,25
1,5
7,75
3
3
3,5
3,5
Personal Economics Managerial Economics Global Economics Business Law Statistics Customers/Client relations In all
3,75 1
3,75 3
4
15
4 4
4
4
15
30
2. Projects and exams 2nd semester Compulsory written assignments Interdisciplinary group projects Individual written end-of-semester exam Individual oral exam in Financial Counselling of Personal Customers Students carry out projects in groups of 4-5 persons. Projects are always interdisciplinary and will be evaluated in an oral session.
3. Introduction to Danish Language and Culture Erasmus students are asked to join a compulsory Introduction Course to Danish Language and Culture 2 days at the end of January
4. Important dates to respect 2nd semester* 30 January – 31 January 2012 1 February 2012 2 April – 9 April 2012 End June 2012
Introduction to the 2nd semester Start of 2nd semester Easter vacation End of 2nd semester
*Please note that attendance is compulsory on specific dates related to Projects. These dates will be announced at the beginning of the semester.
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5. Indicative description 5.1 2nd semester - spring 2012 Themes
The Financial sector and Society
Contents The student will obtain knowledge about: • Legislation and supervision regarding the activities and operation of financial business enterprises • Roles of financial business enterprises towards clients and the surrounding society • Basic marketing terms and the role and placement of the marketing function in the financial business enterprise • Various primary and secondary methods of information and data collection in relation to the information needs for a market analysis. • Methods for identification of internal and external circumstances affecting business enterprises and enterprises in the financial sector (e.g. demand, competition, and macroeconomic conditions) • Meaning of ethics in the marketing of financial sector enterprises • Income creation, society-level economic aims and targets – and their mutual correlation • Interest rate establishment and interest structures • Financial asset valuation in various asset pricing approaches • Classical and contemporary theories of trade • Contingency tables, regression analysis, and random sample selection • Application and assessment of competition law in relation to the financial sector and its clients
15 ECTS
The student will get skills and qualifications in: • Collecting primary and secondary data with the use of statistical methods • Being able to apply theoretical models in analysis of income level establishment, interest rate establishment, and financial asset pricing establishment, as well as inflation and employment • Being able to analyse the development in the balance of payments, the capital balance, and the rate of competitiveness • Ensuring that valid legislation and ethical guidelines are adhered to in client relations • Establishing and handling an actual business economics or macroeconomics problem issue by using statistical analysis • Setting up and implementing a regression model containing one or more descriptive variables • Applying various methods for selection of random samples The student will obtain competences in: • Communicating expectations regarding developments in society to co-operation partners and clients • Individually being able to assess the effects of established interest and exchange rate levels • Individually being able to assess a completed business economics or macroeconomics statistical analysis • Individually preparing and implementing a market analysis
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The student will obtain knowledge about: • Different income and income utilisation types • Basic legal rules concerning family and inheritance • Debtor protection of private customers • Purchasing law with regard to consumers • Meeting techniques • Customer relation building and relation marketing
Financial Counselling of Personal Customers
15 ECTS
The student will get skills and qualifications in: • Calculating taxes and preparing budgets • Preparing savings, financing, and investment proposals • Assessing insurance needs • Applying consumer protection legislation in connection with counselling of the typical private customer • Applying rules and legal practise for counsellors’ responsibility in the financial sector • Applying regulation of rights and duties concerning credit agreements • Applying and assessing regulation of financial security provision in connection with other judicial subjects The student obtain competences in: • Assessing budgets and income utilisation scenarios • Assessing the financial needs, risks, and opportunities of private customers, as well as conducting financially and legally sound counselling for these customers • Displaying assertive behaviour • Independently planning and conducting counselling meetings and basic sales negotiations
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