Introduction to the Financial Sector
| Structure Type: | Course |
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| Code: | LTVVO111 |
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| Type: | Free choise |
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| Level: | Bachelor |
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| Credits: | 2.0 points |
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| Responsible Teacher: | Laine, Päivö |
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| Language of Instruction: | Finnish |
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Learning Outcomes
The studen can describe the earnings logic of key actors in the financial sector (banks, insurance companies, financing companies). The student can list the most important financial sector firms in Finland and describe their roles in the economy. The student can describe a normal credit decision process of a bank as well as recognise and assess the more common issues relating to credit risk management. The student is familiar with the most common insurance products.
Student's Workload
Total workload 54 h
- of which scheduled studies 20 h
- of which autonomous studies 34 h
Prerequisites / Recommended Optional Courses
None required.
Contents
The financial sector and its development in Finland, financial supervisory authority, credit policy, the credit decision process, credit risk management, statutory and voluntary insurance policies.
Recommended or Required Reading
Lecture materials and other materials announced by the lecturer.
Mode of Delivery / Planned Learning Activities and Teaching Methods
Lectures and guest lectures, independent work.
Assessment Criteria
Assessment 1-5.
Assessment Methods
Exam
Work Placement
None.
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