BASIC FINANCE: PRINCIPLES OF MONEY, CREDIT, AND BANKING
Term: 2nd Semester 2012 – 2013 Class Schedule: MW 7:30 – 9:00
FACULTY INFORMATION Name: Ronnel Aldin D. Fernando Degree: BSBA Management (MVC) MMHRM – in progress (LDCU) Office: SBA Faculty Room Consultation Hours: MW 3:00 – 6:00 TTh 3:00 – 5:00
PHILOSOPHY: MVC Believes in Jesus Christ as the true model of Excellence MISSION: To proclaim the good news of salvation. To produce holistically-developed students. VISION: To stand out as dynamic instruments for quality Christian service to society.
COMMITMENT: Excellence in Christian values, instruction, research and extension services.
COURSE DESCRIPTION This course is designed to discuss the
basic principles and concepts of money and credit, and policies and programs of banking. It also covers the role and functions of the financial institutions, the importance of the financial intermediaries as the key planner towards the development of the economy.
COURSE OBJECTIVES Explained the core concepts, principles and policies
related to money, credit and banking. Cited the significance of money, credit and banking in the Philippine business activities. Described the development of money, credit and banking and the activities of the country’s financial system. Developed an appreciation of government activities in building the nation’s financial system. Demonstrated skills in handling financial transactions through class activities.
GRADE COMPOSITION Quizzes Exams Assignments/Class Activities Total
40% 20% 100%
FINAL GRADE COMPOSITION: Midterm Grade Final Grade Total
40% 60% 100%
40%
COURSE REQUIREMENTS Requirements Description Compilation Printed compilation of the following: a. Philippine Money from past to present b. Credit Instruments c. List of Philippine Banks According to Classification d. List of Circulating Currencies by Country Investment Report and Analysis of the Mimic Report and Stock Trading Game and UITF Analysis Investment Synthesis A Course Synthesis as Experienced by the Student
Deadline March 8, 2012
March 8, 2012
March 8, 2012
COURSE POLICIES All requirements should be turned in on the specified time in the class. Do
not turn in requirements at the instructor’s house. Set cellphones in silent mode while class is going on. A student is expected to attend his/her class promptly and regularly. A student who incurs absences, whether excused or unexcused, that exceed 20% of the number of hours required for the course will be given a mark FA (Failure in Attendance). Three tardinesses will be counted as one absence. Academic honesty shall be observed at all times. A dishonest work cannot be given any credit. The student will be subjected to disciplinary measures. A student who is not wearing the prescribed uniform cannot be accepted to class. Examinations shall be taken on the scheduled time. Only for sickness, emergency in the family or financial reasons can the student be given special examination at a fee of P30.00 per unit. The removal policy as stipulated in the Academic Manual shall be observed. For valid reasons, a student may be allowed to complete his/her grade within six weeks after the last day of final examination. Students are required to wear business attire during Wednesdays.
TEXTBOOK Laman, R. M., & Laman, V. P. (2007).
Money, Credit and Banking: The Basics. Manila: GIC Enterprises and Co., Inc.