AC1BA - FUNDAMENTALS OF ACCOUNTING 1

This course will cover introduction to financial accounting within the context of business and business decisions. It will explore the development of accounting information and the use of various types of accounting information found in financial statements and annual reports. It will emphasize what accounting information is, why it is important and how it is used by economic decision makers. Specifically, it will cover introduction to business and decision making, basic structure and development of useful accounting information for a service and merchandising business of a sole proprietorship form of business organization. It also covers an understanding of the basic financial statements (balance sheet, income statement, statement of owner’s equity, and statement of cash flows).

AC2BA - FUNDAMENTALS OF ACCOUNTING 2

This course will cover the continuation of the basic concepts of financial accounting within the context of business and business decisions with emphasis on a corporate form of organization and with an overview of a partnership form of organization. It will emphasize what accounting information are needed by the stakeholders of a corporation and partnership forms of organization, their importance and how they are used by economic decision makers. Specifically, it will cover the formation of corporations and partnerships and transactions related with profit distribution of both forms of organization, dissolution and liquidation of partnerships, the computation of the book values and market values per share of corporations. It also provides a brief discussion of the forms of outside assurance on financial statements; and techniques that are helpful in the analysis of accounting information.

AC3B - BANK ACCOUNTING

The course covers Accounting concepts and principles and the framework for the preparation of general-purpose financial statements. It also covers the concepts and principles related with cash and cash equivalent, the common problems and the internal controls related with cash. It also covers discussions on the nature, valuation and financial statement presentation of the resources of a commercial bank and common entries related with such resources. The basic concepts and principles related with the Liability, Owners’ Equity, Income and Expenses elements are also discussed. It also covers the nature, valuation and financial statement presentation of the liabilities, owners’ equity, income and expense accounts of a commercial bank and the common entries related with such accounts.

FN1 - BASIC FINANCE

This course will cover an introduction to financial management. It will focus on what business firms should do to achieve their financial goal, which is to optimize the owner’s wealth. Specifically the course will include discussion of the finance function, the operating environment of finance, key concepts such as time value of money, risk and return, tools of financial analysis and planning, utilization of funds and acquisition of funds.

MK1 - PRINCIPLES OF MARKETING

This course is designed to familiarize the students with the principles and practices in marketing of goods and services. It is divided into five parts, namely: marketing and the Filipino consumer, products, price and the factors affecting price, place; and promotion of goods and services.

MG1 - PRINCIPLES OF MANAGEMENT & ORGANIZATION

This course deals with the fundamentals of business organizations and management.

The theories and principles of organization and management, as well as their application in business and industry are thorough-ly discussed. The functions of management (Planning, Organizing, Staffing, Directing and Control-ling) and the different forms of business ownership with their strengths and weaknesses form part of the course coverage. The course covers the benefits derived from entrepreneurship and the im-portance of social responsibility as another goal of business.

MG2 - HUMAN BEHAVIOR IN ORGANIZATIONS

The course introduces the students to the factors affecting the behavior of individuals and groups in organization focusing on the specific factors that tend to explain the behavior of individuals, groups, and organizations. Various theories and models of organizational behavior work group behavior, motivation in life and work, and human relations among others are discussed and related to organizational practices and phenomena.

FN2 - BANKING AND FINANCIAL INSTITUTIONS

This course is designed to develop an understanding of financial institutions and financial markets and their relationship to public policies and management policies. Included are studies of market structure, profit strategies, relationship of commercial banks and other financial institutions, problems of asset and liability management, and theory of interest and asset prices.

FN3 - CREDIT AND COLLECTION

This course covers the techniques of establishing credit, obtaining and checking information, servicing the loan, billing and collecting the amount due. Each of a bank’s installment credit operation is carefully scrutinized. After successfully completing this course the student should have a working knowledge of: Collection policies and procedure; Principles of credit evaluation; Open-end credit; Direct lending; Leasing of consumer goods; Indirect lending; Legal aspects of installment credit; Organizing and managing an installment loan department.

FN4 - MONETARY POLICY AND CENTRAL BANKING

This course is divided into two parts, as follows:

Part 1: Introduction and Overview  - Barter, payments and a money economy; Money, inflation, interest rates and output; Intermediation and the financial system; Financial instruments, markets and institutions; Interest Rates and term structure Financial services industry; Origins of banks; Why is the financial industry special; Banking and financial regulation; Risks in financial intermediation. Money creation and central banking; Multiple deposit creation; Demand and supply for money and reserves; Deposit creation by banks and the role of a central bank; Instruments of monetary policy and Operation of the monetary board

Part 2: Central Banking - Central Banking Chapters; Crosses, Models, and Curves; Monetary Theories; Policies, Ideas and Results

FN5 - CAPITAL MARKETS MANAGEMENT

This course focuses on Capital Market Theory, its efficiency and implications. It establishes its coherence with the rest of the financial institutions within the financial environment. The course also deals with the relationship of the financial market with the government and how the latter stands a powerful influential tool. The course likewise attempts to develop the analytical ability of the students through various financial case presentations.

FN6 - FINANCIAL MANAGEMENT

Introduction to financial management and finance; Cash flows and financial analysis; The make up of interest rates, risk and the time value of money in financial calculations: The techniques of valuing bonds and stocks and the risks associated with valuations; Capital budgeting techniques, cash flows estimation and risks in capital budgeting;

The components of capital, the cost of capital and leverage; Managing working and capital, cash and financing; Corporate financial planning, corporate restructuring and an overview of inter-national finance.

FN7 - FINANCIAL ANALYSIS AND REPORTING

This course deals with solving common financial problems. The primary focus is on equity (share) valuation, with some attention given to credit analysis and the valuation of debt. The methods of fundamental analysis will be examined in detail and applied in cases and projects involving listed companies. Topics include models of shareholder value and a comparison of accounting and discounted cash flow approaches to valuation, methods of financial statement analysis, testing the quality of financial reports, designing value-added metrics, forecasting earnings and cash flows, pro-forma analysis for strategy and planning, and the determination of price/earnings and market-to-book ratios.

FN8 - INVESTMENT AND PORTFOLIO MANAGEMENT

This course deals with the study of fundamental theories of optimal portfolio selection, investment evaluation, securities valuation, industry and company analysis in relation to stock market operations, management of fixed income investments, international portfolio diversification.

MG3 - ENTREPRENEURIAL MANAGEMENT

The course aims to teach the approach entrepreneurs use in identifying opportunity and creating new ventures; the analytic skills that are needed to practice this approach; and the background knowledge and managerial skills that are necessary for dealing with the recurring issues involved in starting, growing, and harnessing the value of new ventures.

FN10 - STRATEGIC FINANCIAL MANAGEMENT

The course enables the student to have an integrated view of the management of a financial institution. Topics include corporate environmental scanning, situation audit, objective setting, strategy and tactics formulation, financial planning and control in the context of a periodic planning cycle.

Case studies of planning in financial institutions will be extensively used. The profit and cost center performance via the transfer pool pricing management information requirements as well as designing the database management system will also be discussed.

FN10 - MUTUAL FUND

In this course, the students will have an in depth study of a non-bank intermediary where investors can buy special portfolios of securities. The course begins with an overview of financial intermediaries and then focus on the features of mutual funds which is an example of a non-depository intermediary. It also deals with topics like SEC Regulations on investment companies like mutual funds, open-end mutual funds as distinguished from closed-end mutual funds, and investment portfolios. It also provides the students adequate knowledge on the three advantages of mutual funds namely; diversification, liquidity and transaction cost advantage.

FN11 - FINANCIAL CONTROLLERSHIP

This course covers the controllership function in a business organization with focus on financial institutions (banks, investment houses, finance companies, stock brokerages, and insurance companies). It also covers the management of data and information, the systems of control through operating and capital budgets, tax administration, protecting assets, and general internal control systems and procedures.

FN132 - GLOBAL FINANCE WITH ELECTRONIC BANKING

This course covers the review of basic corporate finance terms, issues in internationals trade and multinationals; Macro determinants of exchange rates; Foreign exchange markets; Futures and options, parity conditions and hedging; Measuring accounting exposure; Managing accounting exposure; International Financing; Capital Budgeting and the Cost of Capital; Transfer pricing and Asset Management are also taken up in this course.

FN13 - TREASURY MANAGEMENT

The course aims to introduce to the students a more intensive discussion of the various domestic and inter-national treasury functions, concepts and products of a financial institution. The topics include international trading, securities leadership, reserves and money position management, funds management, tax position management, pricing of treasury products. FCDU management, foreign exchange exposure management, risks and controls in treasury operations.

BAPRAC - PRACTICUM/WORK INTEGRATED LEARNING

The course supports students embarking on their first applied practicum course in preparation for profession-al work as business practitioners. The primary instructional strategies used are self-directed learning, self-assessment, peer teaching and reflective practice. These concepts are woven together using sound instructional design methodology. The course is framed around carefully considered course goals and specific, achievable learning outcomes that focus on the higher level learning competencies. Each practicum assignment includes analysis, evaluation and application of finance, business, economics, accounting, and, if possible, internal auditing concepts. A periodic review of the trainee’s progress is performed by a Coordinator. This course culminates with a final evaluation prepared by the trainer/employer and a final course grade is awarded by the Coordinator.

A. To equip the students with the core competencies of professionals in the field of finance and financial management to prepare them for a career in the financial department of general businesses, investment banking firms, broker-dealer firms, management consulting firms, various departments of commercial banks and other financial institutions, central banks and international financial institutions or in the teaching profession.

B.  To develop a curriculum congruent to those prescribed by CHED and other professional certification institutions and associations to enable our students the opportunity to pass the international certification examination in their pursuit of professional growth and development.

C. To provide opportunities to students for professional internship/practicum in their field of specialization in order to help them to effectively adapt to the real world of business.

D. To develop the capability of students to perform research for them to become locally and globally competitive.

E. To hire faculty members who possess the educational qualification, professional experience, classroom teaching ability, computer literacy, and other attributes essential for the successful conduct of the BSBA- Financial Management program and who embody the essential Recoleto educational qualities of God-centeredness, People and Family Focus and Service-orientation.

F. To promote linkages and networking with other schools, professional organizations, and business and industry.

G. To guide the students to become well rounded Christians for them to develop a service-oriented attitude towards their families, community, and the business world.

H. To inculcate in the students a clear concept of their social responsibilities, namely:

I. Their commitment to the pursuit of discipline and excellence in performing their professional work and when engaging in activities for community improvement and national well being.

II. The integration of an attitude of compassion, generosity, justice, fortitude, prudence, perseverance and temperance particularly in the practice of the virtue of charity.

III. The practice of faith, integrity, Marian devotion and teamwork in order to depict a sense of humility in the midst of professional and personal achievements and success.