Referring to knowledge

Referring to abilities, skills

Referring to attitudes, values and norms

To enable students to achieve the learning objectives, the course combines theory lectures with practical classes. Active participation in class is also important in the process. This participation is carried out through exercises proposed for students to complete in class or as an independent assignment.

To ensure that students become familiar with English-language financial terminology, English is used whenever feasible.

Continuous assessment

Students have the right to continuous assessment, which consists of the following activities:

1. A first assessment test, which is completed at the end of the first block (“Sources of finance”). It is divided into two parts: theoretical and practical. Each part contains multiple-choice questions and, to pass it, students must obtain at least a mark of 5 out of 10 for each part (theoretical and practical). Students who pass are considered to have been graded for this part of the course. Students who fail to pass the test are entitled to sit the single assessment examination on the date established by the Academic Council. This first continuous assessment activity is worth 50% of the final grade.

2. A second assessment test, which is completed at the end of the second block of the subject (“Risk management”). Students may take this test provided they have passed the first assessment test (i.e., they have achieved a mark of 5 or higher). This test is also divided into two parts (theoretical and practical), each containing multiple-choice questions. Likewise, a mark of 5 out of 10 must be obtained for each part in order to pass the test. Students who fail to pass the test are entitled to sit the single assessment examination on the date established by the Academic Council. This exam is worth 50% of the final grade.

Students who attend the session for the second test but do not complete the first test do not have their tests corrected and no mark is awarded. They are entitled to sit the single assessment exam on the date established by the Academic Council.

Students who complete the first test but do not attend the second test are considered to have failed the subject. They are entitled to sit the single assessment exam on the date established by the Academic Council.

The final grade for the subject, according to the continuous assessment system, is the average of the marks for the two tests.

The mark scheme is: correct answers are worth 1 point; -0.25 points for an incorrect answer or unanswered question.

Preferably and whenever possible, the second continuous assessment test is carried out on the last day of class.

Repeat assessment

Students sit an examination divided into two parts:

— Multiple-choice theory questions. The following mark scheme is applied: correct answers are worth 1 point; -0.25 points for an incorrect answer or unanswered question.

— Multiple-choice practical questions on two or three example cases. The mark scheme is the same as for the theory part.

To be eligible to pass the subject, students must obtain a pass mark for each part. The final grade is the straight average of the two marks.

Marks for continuous assessment activities completed during the year are not taken into account for repeat assessment.

Examination-based assessment

Students who do not take the continuous assessment tests or fail to pass either of the tests are entitled to single assessment. The single assessment examination is carried out on the date set by the Academic Council. It is divided into two parts: theoretical and practical, each with multiple-choice type questions. This exam covers the two blocks of the programme, each of which is worth 50%. A minimum mark of 5 out of 10 is required for each part to pass the subject. Students who do not pass the examination are entitled to repeat assessment.

NB

According to Faculty of Economics and Business regulations, students who have passed the subject but wish to sit the repeat assessment examination to improve their grade must first waive the grade obtained initially in writing. The deadline for submitting this waiver is the date set for review of the examination to be waived.