Английский язык для финансистов (продвинутый уровень)
Статус: Курс адаптационный (Корпоративные финансы)
Направление: 38.04.08. Финансы и кредит
Кто читает: Практико-ориентированные магистерские программы факультета экономических наук
Где читается: Факультет экономических наук
Когда читается: 1-й курс, 2 модуль
Формат изучения: Full time
Преподаватели: Виноградова Вероника Сергеевна
Прогр. обучения: Корпоративные финансы
The course is designed to teach students the language skills they need to communicate effectively in a variety of financial contexts in the international environment. It covers a wide range of financial topics, including accounting, retail and investment banking, asset management and mergers and acquisitions, increasing students’ confidence and ability to participate in professional discussions and presentations. It also develops students’ communication skills, such as negotiating, writing reports, organizing and leading meetings, which are necessary for the effective work within the industry. The course is a part of Professional English program. The course is a part of Professional English program. To successfully participate in the course students are expected to prove the proficiency in English language at the level B2/B2+.
- Provide students with necessary financial vocabulary and tools to perform successfully in every task they may have to deal with in their daily professional life. It also aims to advance students writing and speaking competency, developing their ability to participate actively and efficiently in the decision-making process.
- better understanding of financial concepts and ability to use Financial English terminology confidently
- better understanding of different forms of financial/accounting texts and documents
- ability to participate in professional meetings, discussions and give presentations
- ability to write clear and well-structured letters and professional reports
- verbal fluency and confidence for face-to-face negotiations
- Section 1. Vocabulary & Discussion (cases, role-plays). Topic 1. The organisation of financial industryThe topic covers the key structure and key aspects of the organization of financial industry Vocabulary: - Financial institutions - Financial regulation and supervision - Personal banking Listening: The development of the financial industry Speaking and discussions: - small-group exercise: Advising on opening a bank account - discussion: Financial crisis and the future of the Financial Industry
- Section 1. Topic 2. Banking: Loans and credit, retail bankingThe topic is concerned with the major components and major processes of banking industry Vocabulary: - Retail and commercial banking - Interest rates - Loans and credit - Islamic Banking Reading: Banks and bonds Listening: Lending decisions and margins Speaking and discussions: - Case: Should be invest in our branches? - small-group exercise: commercial banking, decision on the terms of credit + brief e-mail to the manager confirming the decision made
- Section 1. Topic 3. Accounting & Financial StatementsThe topic explores the business and financial accounting issues, deals with the financial statements and financial reports Vocabulary: - Accounting and Accountancy, book-keeping - Accounting policies, standards, assumptions and principles - Balance Sheet and other financial statements - Cost accounting, financial ratios Listening: Types of accounting, Financial Statements, Barclays’ balance sheet Writing: Describing graphs Speaking and discussions: - Small-group exercise: Review of financial statements - Case: presenting the financial results to the Board of Directors
- Section 1. Topic 4. Capital markets, Stock and Shares, Portfolio ManagementThe topic is devoted to the capital markets, stocks and stock exchanges Vocabulary: - Stocks and shares - Shareholders - Share prices Reading: Why stock markets matter? Listening: Understanding market reports, Investment styles Speaking and discussions: - Role-play: disagreeing diplomatically - Case: Building an investment portfolio
- Section 1. Topic 5. Corporate Finance: Shareholder Value, Mergers & AcquisitionsThe topic addresses the issues of company performance, shareholder value creation and financial transactions Vocabulary: - Company performance (Profitability, ROE, Leverage) - Shareholder value (Yield, P/E ratio, Value-Based- Management) - Mergers & Acquisitions, Leveraged Buyouts Listening: Choosing targets for acquisition Speaking and discussions: - Role-play: A takeover bid Writing: Short summary of the meeting to the Board
- Section 1. Topic 6. Financial InstrumentsThe topic focuses on different financial instruments and their advantages and disadvantages Vocabulary: - Derivatives - Futures, options, swaps Reading: Derivatives, An investment “time bomb” Speaking & Discussions - Discussion: The future of financial instruments - Small-group exercise: Advising the Board on the use of derivatives
- Section 1. Topic 7. Corporate Governance: Board, CSR and ethical investmentThe topic covers the issues of corporate governance and structure of the Boards as well as corporate social responsibility and ethical investment Vocabulary: - Board organization, separation of roles - Rewards for success / failure - Corporate Social Responsibility - Activist shareholders - Socially responsible investment Listening: Doing well by doing good Speaking and discussions: - Discussion: The importance of CSR and non-financial reporting - Case: Building a recycling center
- Section 2. Writing skills. Topic 8. Writing etiquette, formal/informal style; Writing professional reportsThe topic deals with different aspects of writing tasks, covering issues of the appropriate style, etiquette, meeting procedures and preparing well-structured, clear professional reports Sub-topics and tasks - Writing etiquette, informal/formal style - Describing trends and graphs - Structure and organization of professional reports Practical assessment: - Preparation of a professional report
- Section 3. Speaking/Presentation/Negotiation skills. Topic 9. Talking about figures, giving presentations; Negotiations, dealing with conflictThe topic deals with different aspect office and client communication, incl. giving presentations and leading negotiations Sub-topics and tasks - Giving professional speeches and presentations - Leading negotiations - Dealing with conflict Practical assessment: - Role-play: Outsourcing a call center - Case: Negotiating Saturday openings
- Continued assessmentEach student is expected to actively participate in discussions through sharing one’s ideas and experiences relevant to the topic under discussion, giving comments and asking questions whenever appropriate. The continued assessment will include grading in all four competences (reading, listening, writing and speaking)
- Individual homework assignmentsThe students are expected to do all assigned activities for each session and submit on time home tasks specified to a course syllabus. Late reports will not be accepted and will not be given any grade credit.
- Small-group work, class discussionsLeaners will be formed into small groups of 4-5 members and will be asked to apply knowledge learned, using specific cases assigned by the instructor. Each student is expected to actively participate in the group discussions and cooperate with the other team members in carrying out and fulfilling the requirements for the group assignment. The students should be ready with a soft copy of their reports for presentation to the class when called by the instructor. The instructor will give a grade for each group output/presentation.
- Final test
- Промежуточная аттестация (2 модуль)0.16 * Continued assessment + 0.3 * Final test + 0.25 * Individual homework assignments + 0.29 * Small-group work, class discussions