Adv. Fin. Ac Essays

Adv. Fin. Ac Essays Adv. Fin. Ac Essay Adv. Fin. Ac Essay Lending Decisions Lending environment; decision making and organisation of lending, lending policies and controls; behavioural aspects of decision making and decision makers; retail, commercial and corporate lending; business expansions; off balance sheet lending; loan management and problem loans. Mode of delivery:| On-campus| Workload:| ON-CAMPUS: This is a six credit point unit with three hours class contact per week over 12 teaching weeks. The total time commitment expected for this unit is 156 hours. In order to meet the faculty’s expectation, students should plan to spend on average nine hours in self-directed study, in addition to the three hours of class contact, each week. | Unit relationships:| Prerequisites: One of AFF2401 or AFW2401 Prohibitions: AFW3841 | Chief examiner:| Dr. Jean-Pierre Fenech| Unit coordinator:| Dr. Jean-Pierre Fenech| Campus:| Caulfield| Phone:| 03 9903 2140| Email:| jeanpierre. [emailprotected] edu| Office hours:| | Campus coordinator:| | Campus:| | Phone:| | Email:| | Office hours:| | Tutor(s):| To be advised| Campus:| | Phone:| | Email:| | Consultation hours:| | ACADEMIC OVERVIEW Learning objectives 1. examine the major types of lending products and match these products to customer needs 2. analyse the risk return characteristics and pricing of a loan application 3. discuss the behavioural aspects associated with lending decisions 4. apply statistical techniques used in decision making at the approval, monitoring and termination stages of lending 5. apply critical thinking, problem solving and presentation skills to individual and /or group activities dealing with lending decisions. Graduate attributes Monash prepares its graduates to be: 1. responsible and effective global citizens who: ) engage in an internationalised world b) exhibit cross-cultural competence c) demonstrate ethical values 2. critical and creative scholars who: a) produce innovative solutions to problems b) apply research skills to a range of challenges c) communicate perceptively and effectively Assessment summary ASSESSMENT TASK| DUE DATE| WEIGHTING| Assessment Task 1: assignment(Group of 4 students)| 21st September 2012| 20%| Assessment Task 2: Class presentations. Look up the class allocation folder to check when your presentation is due. | Continuous| 10%| Final Examination | Official Examination Period| 70%| TOTAL| 100%| Hurdle requirement A student’s final mark will be the sum of the marks gained in all assessment tasks, except that to pass this unit a student must achieve at least 50% in the final examination. Where a student fails the unit solely because of failure to satisfy the hurdle requirement, the final mark for the unit will be 48%. Second marking Where an assessment task is given a fail grade by an examiner, that piece of work will be marked again by a second examiner who will independently evaluate the work, and consult with the first marker. No student will be awarded a fail grade for an assessment task or unit without a second examiner confirming the result. Note: Exceptions to this are individual pieces of assessment contributing 10% or less of the final mark, unless the total of such pieces exceeds 30% of the final mark. Return of final marks for the unit Faculty policy states that ‘the final mark that a student receives for a unit will be determined by the Board of Examiners on the recommendation of the Chief Examiner taking into account all aspects of assessment’. The final mark for this unit will be released by the Board of Examiners on the date nominated in the Faculty Calendar. Student results will be accessible through the my. onash portal. Exam viewing Feedback on student performance in examinations and other end-of-semester assessment is required, in accordance with the University procedures on Unit Assessment. For more information, please see the following URL: buseco. monash. edu. au/aaf/student/exam-view/index. html. Feedback Our feedback to you There will be consistent feedback throughout the course with respe ct to class presentation. As regards assignment, the work will be returned with detailed comments for your perusal. Your feedback to us Monash is committed to excellence in education and regularly seeks feedback from students, employers and staff. One of the key formal ways students have to provide feedback is through SETU, Student Evaluation of Teacher and Unit. The University’s student evaluation policy requires that every unit is evaluated each year. Students are strongly encouraged to complete the surveys. The feedback is anonymous and provides the faculty with evidence of aspects that students are satisfied and areas for improvement. For more information on Monash’s educational strategy, and on student evaluations, see: onash. edu. au/about/monash-directions/directions. html and policy. monash. edu/policy-bank/academic/education/quality/student-evaluation-policy. html Previous student evaluations of this unit If you wish to view how previous students rated this unit, please go to https://emuapps. monash. edu. au/unitevaluations/index. jsp Required resources There is no prescribed text-book. A lis t of chapters for every week is available on blackboard and library site. Blackboard (MUSO) Material used in class together with other information of importance to students will be published online. In order to access information about this unit in Blackboard you must be enrolled in the unit and have a valid Authcate Username and Password. Blackboard is accessed through the my. monash portal at URL: https://my. monash. edu. au/muso/blackboard/login/. Q Manual The Q Manual is a student guide for producing quality written work on time. Printed copies are available at the bookshop or online at URL: buseco. monash. edu. au/publications/qmanual/qmanual. pdf. Calculators ON-CAMPUS: Electronic devices (including calculators) are not permitted in tests and examinations in this unit unless identified with an â€Å"approved for use† label. These labels are available from: * Berwick Campus: Jan Ottrey (Building 901, Room 130B) * Caulfield Campus: Accounting and Finance General Office (Building H, Level 3) * Clayton Campus: Accounting and Finance General Office (Building 11, Level 10) * Gippsland Campus: Rhonda Briggs (Building 5N, Room 152) * Peninsula Campus: Narelle Krueger (Building D, Level 3, Room 21) * Sunway Campus: Course Management Staff (Building 6, Level 4, Room 9) * South Africa Campus: Patience Makokoe (Building D, Ground Floor) Recommended resources Recommended text(s) and readings Kindly refer to blackboard for full list. UNIT SCHEDULE: (Please note tutorials start from Week 1, i. e. 27th February) WEEK| DATE| TOPIC| READING| QUESTIONS| | 27th July| Bankers Lending Techniques| As per chapter readings from Blackboard| As per tutorial questions from Blackboard| 2| 1st August| Financial distress theory and Financial Mathematics| As per chapter readings from Blackboard| As per tutorial questions from Blackboard| 3| 10th August| Pricing models and ethics| As per chapter readings from Blackboard| As per tutorial questions from Blackboard| 4| 17th August| Traditional approaches to credit risk measurement and Individual loan risk| As per chapter readings from Blackboard| As per tutorial questions from Blackboard| 5| 24th August| Legal issues| As per chapter readings from Blackboard| As per tutorial questions from Blackboard| 6| 31st August| Basel Regulatory Framework| As per chapter readings from Blackboard| As pe r tutorial questions from Blackboard| 7| 7th September| Corporate credit risk models based on stock price| As per chapter readings from Blackboard| As per tutorial questions from Blackboard| 8| 14th September| Testing and implementation of credit risk models| As per chapter readings from Blackboard| As per tutorial questions from Blackboard| 9| 21st September| Default recovery rates and LGD in credit risk modelling and practice| As per chapter readings from Blackboard| As per tutorial questions from Blackboard| 10| 5th October| Credit derivatives| As per chapter readings from Blackboard| As per tutorial questions from Blackboard| 11| 12th October| Stress testing| As per chapter readings from Blackboard| As per tutorial questions from Blackboard| 12| 19th October| An assessment of financial sector rescue programmes| As per chapter readings from Blackboard| As per tutorial questions from Blackboard| Please look up your tutorial participation dates, as per folder on blackboard. There i s a 10% participation mark for this exercise. ASSESSMENT REQUIREMENTS Assessment Task 1: assignment Learning objectives assessed: This assessment task is designed to test a student’s skills in carrying out a credit analysis of a listed firm. Weighting: 20% Task details: INSTRUCTIONS: Please refer to separate assignment document. Due date: 21st September 2012 Submission details: Assignments should be submitted to my email. Penalties for late lodgement: A maximum penalty of 5% of the total mark allocated to this assessment will be deducted for each day that it is late. Return of marks: Marked assignments will be returned to students during tutorials in week 11 or 12. Students who do not attend tutorials may collect assignments from their tutor during consultation times. Faculty style guide Work submitted for these assessments must follow the Faculty Style as outlined in the Faculty Q Manual. Copies of this Manual can be obtained at the bookshop or on line at URL: buseco. monash. edu. au/publications/qmanual/qmanual. pdf. Applications for extension of time Applications for an extension of time allocated to an assessment task must be made by completing the application form found at URL. buseco. monash. edu. au/student/exams/speccon. html. The form must be submitted to the Chief Examiner for approval. Assignment coversheet Work submitted for assessment MUST be accompanied by a completed and signed assignment coversheet, available at URL: buseco. monash. edu. au/student/forms/assessment-coversheet. doc. In the case of group assignments, each member of the group must complete and sign a separate assignment coversheet. Assessment Task 2: Learning objectives assessed: This assessment task is designed to test a student’s presentation skills Weighting: 10% Criteria for assessment: as per designated questions on separate folder Duration: This will be approximately a 15 minute presentation. Task details: INSTRUCTIONS: Please look up the allocation folder on blackboard to check your allocation dates. Date: As per allocation dates. Examination Weighting: 70% Duration: 3-hour examination Type: This will be a closed book examination and calculators will be permitted. Date and location: This examination will be held during the official examination period. The examination timetable which provides full details of the examination schedule can be accessed through the my. monash portal. Materials examinable: All material covered throughout the course. Faculty style guide Work submitted for these assessments must follow the Faculty Style as outlined in the Faculty Q Manual. Copies of this Manual can be obtained at the bookshop or on line at URL: buseco. monash. edu. au/publications/qmanual/qmanual. pdf. Penalties for late lodgement A maximum penalty of 1 MARK of the total mark allocated to the assessment tasks will be deducted for each day they are late. Applications for extension of time Applications for an extension of time allocated to an assessment task must be made by completing the application form found at URL. buseco. monash. edu. au/student/exams/speccon. html. The form must be submitted to the Chief Examiner for approval. Assignment coversheet Work submitted for assessment MUST be accompanied by a completed and signed assignment coversheet, available at URL: buseco. monash. edu. au/student/forms/assessment-coversheet. doc. In the case of group assignments, each member of the group must complete and sign a separate assignment coversheet. OTHER INFORMATION Policies Monash has educational policies, procedures and guidelines, which are designed to ensure that staff and students are aware of the University’s academic standards, and to provide advice on how they might uphold them. You can find Monash’s Education Policies and Procedures at: http://policy. monash. edu. au/policy-bank/academic/education/index. html Key educational policies include: * Plagiarism ( policy. onash. edu/policy-bank/academic/education/conduct/plagiarism-policy. html) * Assessment ( policy. monash. edu/policy-bank/academic/education/assessment/assessment-in-coursework-policy. html) * Special Consideration ( policy. monash. edu/policy-bank/a cademic/education/assessment/special-consideration-policy. html) * Grading Scale ( policy. monash. edu/policy-bank/academic/education/assessment/grading-scale-policy. html) * Discipline: Student Policy ( policy. monash. edu/policy-bank/academic/education/conduct/student-discipline-policy. html) * Academic Calendar and Semesters (insert URL); Orientation and Transition (insert URL); and * Academic and Administrative Complaints and Grievances Policy ( policy. monash. edu/policy-bank/academic/education/management/complaints-grievance-policy. html) Student Services The University provides many different kinds of support services for you. Contact your tutor if you need advice and see the range of services available at www. monash. edu. au/students The Monash University Library provides a range of services and resources that enable you to save time and be more effective in your learning and research. Go to lib. monash. edu. au or the library tab in my. monash portal for more