Nordea-polku II (3 cr)

Evaluation scale

0-5

Objective

The aim of the studies is to develop in the the competencies in the chosen field of financing. Having taken the course the student knows how to take decisions concerning lending in retail bank according to the strategy of the company.

Content

Lending, different forms of lending (with collateral - without collateral, pledge-guarantee), reference rates, methods of payback, bank revenue logic, credit policy, differences of credit policy between private customers and companies, LTV (Loan to Value)and RW (Risk-Weighted Assets.

Materials

Makkonen, A. 2012. Vastuullinen luotonanto. Helsinki: FINVA. or Makkonen, A. 2016. Asunto- ja kuluttajarahoitus. Helsinki: Alma Talent Pro.

Completion alternatives

Assignment 20 %, book exam 80 %.

Student workload

81 hours of which 6 hours of lectures, 50 hours of litterature based studies and 25 hours of project work.

Assessment criteria, satisfactory (1)

5 (Excellent): The student knows and can critically evaluate the core concepts and methods of responsible lending. He /she can apply the knowledge in the subject area. The student masters the broad range of practical skills, which appear as the ability to offer customer-based solutions of lending. The student participates in co-operation by taking part in group work interactively.
4 (Very Good): The student knows and can evaluate the core concepts and methods of lending. He /she can apply the knowledge in the subject area. The student masters the broad range of practical skills, which appear as the ability to offer solutions of lending. The student participates in co-operation by taking part in group work interactively.
3 (Good): The student has wide knowledge of the core concepts and methods of lending. He/she can combine information. The student masters the practice of basic and special skills which is needed for working independently The student participates in co-operation quite actively and in a committed way.
2 (Satisfactory): The student partly recognizes the core concepts and methods of lending. The student knows the basic practical skills which he/she needs in familiar circumstances. The student sometimes participates in group work.
1 (Sufficient): The student partly recognizes the core concepts and/or methods of lending. He/she has poor knowledge needed to work in lending, so he/she needs guidance in his/her work. The student sometimes participates in group work.
0 (Fail): The student does not perceive the core concepts or methods of lending. The student does not have the ability to work in lending according to the know-how she or he has shown. The student is not able to fluently co-operate.

Assessment criteria, good (3)

3 (Good): The student has wide knowledge of the core concepts and methods of lending. He/she can combine information. The student masters the practice of basic and special skills which is needed for working independently The student participates in co-operation quite actively and in a committed way.
4 (Very Good): The student knows and can evaluate the core concepts and methods of lending. He /she can apply the knowledge in the subject area. The student masters the broad range of practical skills, which appear as the ability to offer solutions of lending. The student participates in co-operation by taking part in group work interactively.

Assessment criteria, excellent (5)

5 (Excellent): The student knows and can critically evaluate the core concepts and methods of responsible lending. He /she can apply the knowledge in the subject area. The student masters the broad range of practical skills, which appear as the ability to offer customer-based solutions of lending. The student participates in co-operation by taking part in group work interactively.

Qualifications

-

Further information

Only students participating in Finance specialisation studies can choose this course. It is not possible to enroll in the course in ASIO.