School of Finance and Accounting - Study guide 2014-2015
←
→
Page content transcription
If your browser does not render page correctly, please read the page content below
Kom
verder
Study guide
2014-2015
School of Finance
and Accounting
Bachelor Studies
International Finance and Accounting (IFA)
& Short Degree Programme (IFAS)
saxion.edu
Index
Foreword
1 About Saxion . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6
n. Exceptionally active
n. History of Saxion
n. Strategic vision
n. An authority in education
n. Attractive learning and living environment
n. Large in variety
n. Active in all areas
n. Knowledge Centres
2 Student facilities . . . . . . . . . . . . . . . . . . . . . . . 10
n. Catering facilities
n. Student Desks in Deventer
. and Enschede
n. Student counsellor
n. Confidential counsellor
n. Student psychologist
n. Studying with a disability
n. Language support
n. Saxion Library
n. Training sessions and workshops
n. ICT facilities
n. Sports and Culture,
. also for top sportsmen
3 Regulations . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16
Education and examination regulations
n .
n. (EER) and Student statute
n. Board of Appeal
n. Integrity and Complaints Office (MIK)
n. Participation
4 Registration and students grants . . . . . 18
n. Public transport pass
n. Facility fund
n. Study year and quarters
n. Introduction period
n. The Saxion year schedule
n. Division into quarters
5 School of Finance and Accounting . . . . . . . . . . . . . . 20 n. Curriculum courses and exams bachelor n. Mission and vision . International n. Degree programmes n. Finance and Accounting n. Small groups, practically orientated n. Professional profile n. Two locations; Deventer and Enschede n. Education profile n. Where is the F€M-school in Deventer? n. Profession and professional field n. Where is the F€M-school in Enschede? n. Market developments n. Practical orientation n. Student Association: Balans 7 Bachelor studies International Finance n. Alumni-association CA$H and Accounting Short Degree n. Study & Entrepreneurship Programme (IFAS) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 42 n. Internationalization n. Introduction n. Study career supervision n. Starting point n. Practical office internship and graduation n. Admission requirements n. Exam committee (examination board) n. Enrollment procedure n. MySaxion: n. Curriculum courses and . the source of information for F€M-students . exams bachelor International n. News announcements n. Finance and Accounting Short Degree n. Schedules/Timetables . Programme (IFAS) n. Tests n. Subject descriptions IFAS n. Result overviews n. Professional profile n. Calculators n. Education profile n. Narrowcasting screens n. Profession and professional field n. Digital study area - Blackboard n. Market developments n. Preparation of the classes n. Frequently asked questions Important telephone numbers & (e-mail) n. Where to go with your questions? addresses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 51 n. Which books are required? n. Where can I find the timetables? n. In which classroom are the lectures? n. How can I reach my teachers? n. House rules for the School of Finance . and Accounting (F€M)? 6 Bachelor studies International Finance and Accounting (IFA). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 28 n. Introduction n. Starting point n. Admission Requirements n. Enrollment Procedure n. Subject descriptions
Foreword 4 Study guide 2014-2015
The school of Finance and Accounting (Academie Financien, €conomie & Management - F€M) realizes it’s
very important that students know what they can expect when they (start to) study at F€M. We would
also like to keep our connections within and outside Saxion informed about everything that we, as a
school, do and support. These objectives also manifest themselves in our mission:
F€M offers students, clients and employees excellent value in economic and social
knowledge and personal development. The school educates (self)critical professionals,
who provide added value to the field of economics and the society.
From this mission, this study guide has come into being. The guide is arranged in such a way that every
reader can easily find the information that is relevant to him/her.
The study guide starts with a general explanation about Saxion: its history, core values in its policies,
student facilities within the university, various rules and regulations, registration and study financing.
That is immediately followed by more specific information about the school of Finance and Accounting,
followed by the programmes of each of our separate courses. The study guide ends with a detailed
explanation on our educational system and its features.
We hope that you have found the answers to your questions and/or have been informed about Saxion in
general and the school of Finance and Accounting in particular, after going through this study guide.
Then we will have succeeded in our intentions.
Nevertheless, if you have any questions or would like to know more about certain topics, please don’t
hesitate to contact us.
L.W. Velt
Dean, School of Finance and Accounting (F€M)
Study guide 2014-2015 5
About Saxion
1
chapter
6 Study guide 2014-2015
Exceptionally active region are more and more developing into a
With locations in Deventer, Enschede and self-conscious region with potential growth, with
Apeldoorn, and over 25.000 students, Saxion is a knowledge-based economy. Moreover, located at
one of the largest Universities of Applied Science the development boundary between the Randstad
in the Netherlands. Saxion offers a wide variety and Berlin, Saxion has partners in Osnabrück,
of studies and a large number of special degree Münster and Hannover, with whom Saxion works
programmes or specialisations, on a national as together intensively. The attractive environment in
well as international level. this part of the European Union is expressed by
Saxion offers a wide range of programmes with the green colour of the logo. The logo symbolizes
diverse variations. The education can be described the connection and influence of the two founding
as highquality, innovative and enterprising. Universities of Applied Sciences and their knowledge
Students study individually in a ‘personal learning areas.
path’. Cooperative work terms (co-operations) with
companies, institutions and governmental organi- An authority in education
zations result in an education that is well-attuned Within the current knowledge-based society,
to the professional environment. In addition, individualisation and internationalisation are
a wide-ranging programme for applied research leading trends in education, which Saxion, as a
is being developed. powerful educational institute, translates into the
study programme and organisation. These trends
History of Saxion also show in the recruitment and selection of
The administrative merger between the University students and the way the organisation works.
of Applied Sciences IJselland in Deventer and the
University of Applied Sciences of Enschede took
place on 1 January, 1998. Its new name, Saxion,
was announced in April 2000. A complete merger
took place on 1 September, 2011.
The name Saxion was chosen, first of all, because
Saxion expresses the fact that the University is
active in an historical area of Europe, of which
the eastern region of the Netherlands is a part.
The Eastern Netherlands and the German border
Study guide 2014-2015 7
Attractive learning and living Knowledge Centres
environment The Saxion Knowledge Centres, in which specialized
Saxion’s students and employees are lucky. knowledge from within and from outside the
In Deventer, as well as in Enschede, they study university comes together, are at the service of
and work in an inspiring learning and living all organisations and companies in the region.
environment. Both universities are located in new Lecturers, connected to the Knowledge Centres,
buildings, close to the train station and the city provide the research development and the use of
centre. Studying or working at Saxion in the the obtained knowledge from that within the study
medium-sized student cities of Deventer and programmes.
Enschede guarantee - besides sports - extensive The six Saxion Knowledge Centres are constituted
opportunities for housing, culture and entertain- around the following themes:
ment. The school for Hotel Management is situated
at an attractive location in the city centre of
Apeldoorn.
• Health, Welfare and Technology
• Environment
Large in variety • Design and Technology
Saxion wants to combine the positive effects of the
• Innovation and Entrepreneurship
large scale organisation with the advantages of a
• Hospitality
smallscale educational organisation. That is why
• Innovation in Education
Saxion continues to develop its recognizable
identity and innovative strength of the program-
mes. An organisation with a flat structure and
short lines of communication in which studies or
clusters of comparable studies can operate freely Lecturers act as driving forces and pivots for the
in a larger context. Our supporting services make Knowledge Centres. Every lecturer has his/her own
sure to offer professional, efficient and high-quality speciality or field of study: the lectureship. Around
service. certain themes and projects, they work together
with teachers and students: the so-called ‘know-
Active in all areas ledge circles’.
Saxion works together with other universities of
applied science on a collective, regional assortative
policy. Focus lies on realizing a most-desired and
optimallylocated palette of degree programmes in
the Eastern part of the Netherlands. The ‘Saxion
Knowledge Transfer’ is available for governmental
organizations, companies and health care institutions.
This applies to applied research, refresher courses,
post-graduate courses and recommendations on a
commercial basis.
8 Study guide 2014-2015
Study guide 2014-2015 9
Student facilities
2
chapter
10 Study guide 2014-2015Catering facilities
There are good facilities in Deventer and Enschede Inquiries in the area of:
to buy food and drinks. The Cormet restaurant • Choosing a course at Saxion, questions
offers an extensive assortment of menu items. on transferring and more generally
Every day from 5 pm, hot meals are served. Both about the various study options
locations have a Grand Café, where you can get • Registration and de-registration for
alcoholic beverages after 4 pm. There is a recharge Saxion courses
location in the school, and almost all (Dutch) bank • Certificates and statements (proof of
cards will work. payment etc.)
• Student grants, loans and correspon-
Student Desks (Studentenbalies) in ding forms
Deventer and Enschede •F
acilities and services in case of special
The Student Desk is meant for (applicant) students personal circumstances (e.g. students
and course participants who have questions about with a disability)
studying at Saxion, and studying in general. • Student rights and obligations, as
The Student Desk employees answer questions, recorded in the teaching and examina
take care of certificates, refer students to the right tion regulations and the student statue
person in other services or schools and/or- if • (Changes in) schedules and time tables,
necessary - make appointments with student through My Saxion
counsellors, the student psychologist, or school • Signing up for exams and minors
contact persons. Furthermore, the Student Desk • Study progress, test results, overview
offers study information materials and has of credits
several forms available. The International Office •G
eneral questions about Saxion
is also represented at the Student Desk. The information on My Saxion
Student Desks work together with the Student • Registration for courses and work-
Housing Office, the International Office and the shops in the areas of study skills and
IB-groep (a governmental organisation, responsible personal skills
for the execution of several acts and regulations, • Problems with the issued login account
such as student grants and information manage- • Information and registration Studium
ment). Below you can find a list of topics for which Generale (series of lectures on topics of
(applicant) students and course participants can general interest)
contact the Student Office.
Study guide 2014-2015 11• Do not agree with a programme decision
• Have a disability and would like to be eligible
At the Student Desk, it is also possible to make for certain possible services (amongst which
appointments with: dyslexia or chronic depression are included)
• Student counsellors with regard to study • Would like a second opinion
motivation and/or progress, complaints, • Do not speak Dutch as their native language and
legislation and rules, appeal to facility fund, therefore would like to apply for special facilities
study financing, etc. • Have questions about the rules with regard to
• Student psychologists with regard to personal study advice
problems
• Confidential counsellors Confidential counsellor
• Study and vocational guidance officers with
regard to study choice
• Intake interviewers for the Saxion orientation
The confidential counsellor is available for students
project
who have (had) to deal with:
• Unwanted sexual attention
• Intimidation or discriminatory behaviour
• Any behaviour that is experienced as being
Student Desk Deventer
unpleasant, bothersome or intimidating by
Main Hall
an employee or fellow student.
The student desk is open on school days:
Monday-Friday from 9 am - 5 pm
Phone number: +31 (0) 570-603773
E-mail: studentenbalieSHD@saxion.nl
Student psychologist
Student Desk Enschede The student psychologist can help by solving
First Floor, immediately after the escalator personal problems, such as:
The student desk is open on school days: • Problems with motivation and focussing
Monday-Friday from 8.30 am - 5 pm • Homesickness
Phone number: +31 (0) 53-4871808 • Difficulty with making contacts
E-mail: studentenbalieSHE@saxion.nl • Bereavement
• Fear of exams
Student counsellor • Psychosomatic complaints
The student counsellor is available for students • Depression
who:
• Fall behind, through no fault of their own, e.g. Studying with a disability
through illness, family circumstances or when It is possible that a student has a (physical) condition,
students are in financial need due to personal which influences his/her study progress. Saxion
problems intends on making sure that not the disabilities, but
• Have questions about registration, de-registration, the possibilities of studying with a disability are the
programme fees or study financing most important.
12 Study guide 2014-2015A disability is defined as any physical, sensory access to the library’s catalogue, as well as to
and/or mental disability, chronic disease or other dozens of databases.
disorder, which hinders studying (and possibly The catalogue contains all the Saxion library
working later on). Students with a disability usually books, magazines and theses. In the databases
need more time and/or get tired faster. By searching a wealth of reliable professional information
for an alternative learning path, which is arranged can be found, which can be used during studies.
with the student concerned, it is possible to create The database can also be reached from the
conditions that make studying possible. outside, by logging in with the Saxion account.
If we want to make sure that we handle this seriously
and to prevent any study delay or drop outs, a Training sessions and workshops
learning path should be agreed upon at the Doubts about the programme? Difficulties with
beginning of the course. This calls for sincerity other students? The Saxion Orientation Project is
of everyone involved. a 4 month course with an extensive orientation
Therefore, if a disability is in question, the student on the field of work and study programme. There
should talk this over with the study career super are several brochures about the training sessions
visor. and the Saxion Orienation Project available: you
Depending on the issue, other Saxion employees can get them at the Student Desk.
and/or the student counsellor can be involved as
well. In mutual consultation, a good solution is
agreed upon, by which studies can continue as
easily as possible. Of course, we will keep all the In addition there are training sessions and
information strictly confidential. workshops in the fields of:
• Dealing with procrastination
Language support • Dealing with fears and stress
In case you want to learn Dutch language, please • Communication / presentation skills
contact International Office. • Once bullied, now insecure
• Dealing with bereavement
Saxion Library • Successful studying / successful job
Any information you may need for studying, applications
doing projects, writing your thesis, and so on…
the Saxion library, City archive and Athenaeum
library (SAB) employees enjoy helping you out!
Saxion Library is located in Deventer (C.199) and
Enschede (Forum, 2nd floor). The City archive and
the Athenaeum library (the main location of the
Saxion library) can be found at Klooster 12 in the
city centre of Deventer. Students can take out
books, study and use the PC’s at all locations.
Saxion students are automatically members of
the library. The student card is the library card.
On www.saxionbibliotheek.nl, students have
Study guide 2014-2015 13ICT facilities computer is restarted. You can reach your h-drive
Computers & books from outside Saxion through the website
There are many facilities available for working homeaccess.saxion.nl.
with computers in Enschede and Deventer. In the
study areas, as well as in the media centres, work Cheap software and notebooks
spaces are created for individual work as well as Students can order cheap legal software through
group work. The library also offers good work www.surfspot.nl. It is possible to order student
and study space with modern computer and print laptops through Saxion. Go to notebook.saxion.nl
facilities. These have to be reserved beforehand. and choose ‘notebooks’.
Wireless internet Printing, copying and binding
Our Deventer and Enschede locations offer Students have to hand in reports on a regular
access to wireless internet facilities. Check for basis. It is therefore possible within Saxion
more information and help at the Student Desk. Enschede and Deventer to print, copy and bind
reports. The repro-shop is available for binding.
E-mail service (webmail.saxion.nl) The so-called ‘multifunctionals’ can be used for
Every Saxion student gets a Saxion e-mail address. printing, scanning and copying, everywhere at
The login data will be sent to the student’s home Saxion. You can pay with your ‘chipknip’ (chip
address in a letter. In most cases the login name is card). There is a manual on My Saxion under
identical to the student number and the password the A-Z-list.
is the student’s birth date (dd-mm-yy). Students are
urgently encouraged to change this password as Sport & Culture, also for top sportsmen
soon as possible. This e-mail address is used by Saxion students can participate in all kinds of sport
the teachers to communicate with the students. and cultural activities at low costs. Enschede and
The students can also use it for communication Deventer have their own fitness room.
between themselves and as a digital agenda. Look for more information at
www.saxion.nl/studeren/naast-je-studie.
The e-mail address is: Login@student.saxion.nl
Check this e-mail address every day. It is optional to
send all Saxion e-mail automatically to your private Saxion students can:
e-mail address. You can get more information in the • Buy a sports card, to use sport and fitness
user manual at webmail.saxion.nl. facilities at low costs
• Make use of the cultural activities (theater
Space on the hard disk or movies) with attractive discounts
Every student has his/her own separate hard disk
within the Saxion network, the so-called ‘h-drive’.
Make sure you never save any documents on the
c-drive, since this will be deleted as soon as the
14 Study guide 2014-2015A student who is a top level athlete, and would
like to qualify for special facilities, e.g. in the area
of scheduling classes and tests, has to register
with the Saxion Desk for Sport and Culture,
located in Enschede, or with the coordinator of
top-sport facilities or Studium Generale coordinator
of Saxion, located in Deventer. It will be the student’s
responsibility to do so. In consultation with the
study coordinator, the student’s study plan can be
drawn up.
For information about our campuses, how to get
around, our international traineeships programme
and more, check out:
www.saxion.edu/studying-at-saxion/international/
Study guide 2014-2015 15Regulations
3
chapter
16 Study guide 2014-2015Education and examination regulations To comply with the Saxion Code of Conduct and
(EER) and Student statute with regard to a better complaint management,
Students have certain rights and duties. In the Saxion chose to establish one office for filing
education and examination regulations (EER) complaints: the MIK. This Office is staffed by
you can find important regulations with regard Saxion’s integrity official, with whom students,
to participation in tests, the first year success- employees and external relations can file a
standards (study advice) etc. The study career complaint. Of course it is still possible for everyone
supervisor will discuss the most important to discuss the matter directly with the (specific)
regulations with the student in the first study organisation or person who can judge the complaint.
week. The EER of this study year can be found Every complaint is declared admissible by principle
on My Saxion under My study at Rules and and will be dealt with by the integrity official, or
Regulations. sent on to the authorized organisation, employee
In the student statute, also available through and/or his manager. The complainant will receive
My Saxion, you can find all information about feedback on the settlement of the complaint.
student rights.
Participation
Board of Appeal Saxion has a central representative advisory body
We refer to My Saxion for the most recent (GMR) and every academy has its own academy
regulations. board, in which employees as well as students are
represented. For regulations and more informa
Integrity and Complaints Office (MIK) tion, please check My Saxion.
The Integrity and Complaints Office (Meldpunt
Integriteit en Klachten - MIK) offers every Saxion
student and employee and external relations the
opportunity to file a complaint. Every complaint
can be seen as a positive involvement of the
complainer to the organisation and as a tool for
improvement.
Until recently there were several complaint regula
tions and institutions with specific tasks. This led
to a large amount of different desks and offices
where students and employees had to go with
certain specific complaints. Every office had its
own operating procedures, its own communication
and its own reporting.
Study guide 2014-2015 17Registration and student grants
4
chapter
18 Study guide 2014-2015For a detailed description and procedures, see:
www.saxion.edu
Public transport pass (OV-kaart)
Unfortunately a public transport pass (OV-kaart)
is only available for Dutch students.
Facility fund
Saxion has a facility fund, to which students
can make an appeal in special circumstances.
The regulations for this fund will be posted on
My Saxion at the start of the new study year.
Study year and quarters
Every study year consists of 4 quarters of
10 weeks each. These quarters are divided into
7 teaching weeks, 2 exam weeks and 1 week
for projects and other activities (so-called
‘week-10-activities’). Period Start Finish
Introduction 25 aug. 2014 30 aug. 2014
Introduction period Quarter 1 1 sept 2014 14 nov. 2014
The introduction period starts on Monday Quarter 2 17 nov. 2015 6 febr. 2015
25 August, 2014. The first quarter, week 1.1., Quarter 3 9 febr. 2015 24 april 2015
starts on Monday 1 September, 2014. Quarter 4 27 april 2015 17 july 2015
• a substantial overlap with the summer holiday
period and the other holidays of primary and
secondary education in the region
During non-teaching days there will be no planned
teaching activities, but (additional) teaching
services (such as admission tests, choice of study/
career interviews) may be offered on these days.
Division into quarters Holiday/day off Start Finish
Teaching weeks have been divided over four Autumn holiday 13 Oct. 2014 17 Oct. 2014
quarters of approximately 50 teaching days Christmas holiday 22 Dec. 2014 2 Jan. 2015
each, excluding autumn, Christmas, spring and Spring holiday 23 Feb. 2015 28 Feb. 2015
May holidays. Official holidays (Easter, Ascension Easter 3 April 2015 6 April 2015
holiday and Whitmonday) fall on teaching days Koningsdag 27 April 2015
and are not compensated for. May holiday 4 May 2015 8 May 2015
Ascension holiday 14 May 2015 15 May 2015
Whitmonday 25 May 2015
Summer holiday 20 July 2015
Study guide 2014-2015 19School of Finance and Accounting
(Academie Financiën, €conomie & Management - F€M)
5
chapter
20 Study guide 2014-2015Mission and vision Degree programmes
F€M is an active and up-to-date academy which is
always engaged in the future, to which the notion
of ‘development’ always comes first. In the years to
F€M offers the following bachelor degree programmes:
come our goal is to develop into one of the best
Full-time
schools in our field of study. This is not an objective
• Accountancy (Dutch only)
in itself; it evolves out of the desire to offer students
• Business economics (Dutch only)
the very best and give them a solid stepping stone
• Tax Law and Economics (Dutch only)
on their way to a successful career, and optimal
• International Finance and Accounting (IFA)
personal development.
(English only)
We want to make sure that what we do has a
• International Finance and Accounting Short Degree
greater added value than the study programme
Programme (IFAS) (English only)
of any other financial-economic faculty in the
Netherlands. This has to do with our ambition
Part-time
which we clearly stated in our mission.
• Compact Business Economics (Dutch only)
• Tax Advisor (Dutch only)
• Project management in practice (Dutch only)
This mission is expressed as follows:
F€M offers students, clients and employees
a top surplus value in economic and social
knowledge and personal development.
Even in times of an economic crisis, these
It educates (self-)critical professionals who
programmes offer excellent opportunities in
can offer surplus value to the field of work
the labour market. Students who would like to
and the society.
continue studying after their bachelor degree
can receive their Master relatively quickly, due
to good connections with research universities.
The school of Finance and Accounting offers
university studies in the financial-economical The Dutch full-time studies follow the same
area in Enschede, Deventer. The programmes programme in the first 1.5 years. This allows
offered by the academy are recognized by the students who are unsure of their study path to
Dutch Flemish Accreditation Organisation. This switch between times, without falling behind.
means that the educational programme has been After the second year in-depth study takes place
assessed positively. and the practical part of the programme commen-
ces. In the third year, students create their own
learning path by following a minor. The programme
ends with a graduation assignment that takes
place at a business location. This assignment leads
to a thesis, which will be defended at the final
interview. As soon as all courses have been
successfully completed, the student receives his
or her diploma and he or she will bear the title of
Bachelor of Business Administration.
Study guide 2014-2015 21Small groups, practically orientated part of the Haanstra-wing, and you can also find
The training at the School of Finance and Accounting the study area for F€M students here.
can be characterized by personal attention, small
groups and practical assignments. Renowned Practical orientation
organisations, such as KPMG and the Rabobank The academy pays a lot of attention to practical
participate in assignments to be carried out by the orientation. Guest lecturers come by on a regular
students in their work groups. In the meantime, basis and there are ‘in-house-days’ organized with
Master classes take place at these organisations several companies. Every year we organize a
and their employees are involved in the oral business market where students can speak to
assessments in the exam period. potential companies and organisations about their
internship or career.
There are 20 contact hours per week (class hours
as well as coaching), in addition to self-study Student Association: BALANS
hours that are scheduled. The school has its own The student association of the School of Finance
study area where students can work. The teachers’ and Accounting is BALANS. They organize various
offices are located nearby the study area, so that activities which are directly related to the programme
the teachers are close by and therefore easy to and the field of work. The student association is
contact in case of any problems or questions. very active and organizes excursions, in-house
The study programmes can be found in a digital days, guest lectures and symposia. Student
learning environment, which can be reached association members can get a discount on their
from anywhere through the internet. Therefore, study books at www.studieboekencentrale.nl.
students do not have to be at school to work on For more information, or if you want to become
an assignment. a member, e-mail info@svbalans.nl
Two locations: Deventer and Enschede Alumni-association CA$H
The school of Finance and Accounting has had
Where is the F€M-school in Deventer? an active alumni association since 2005: CA$H.
On the first floor in the B-wing (B3.04 - B3.12) are The alumni association’s objective is to bring
the front office, the teachers’ offices, the mail F€M-alumni and the business world together, to
boxes and the study area. create a unique network from which all parties
can benefit. This is mostly expressed in know-
Where is the F€M-school in Enschede? ledge-broadening and branch-specific activities.
On the main floor, in the Haanstra-wing. Right CA$H organizes various training sessions, courses
behind the swing doors are several classrooms and lectures. This way, alumni get the opportunity
and the consultation rooms which are, amongst to broaden their knowledge.
other things, used for the tutor group meetings. For more information, or to become a (free) member,
In the hallway, where you can also find the emer- e-mail info@cashfem.nl
gency exit, are information boards for general
announcements. Here you can find the front office. Study & Entrepreneurship
Then the heart of the school: the student’s associa F€M actively stimulates entrepreneurship, and
tion, BALANS has its own office here. Here is also there are several students within our school who
another screen with the daily announcements. run their own company while they are studying.
All employees have their own work space in this Saxion has various arrangements for these
22 Study guide 2014-2015student-entrepreneurs which support the combi Coaching in the first year is aimed at supporting
nation of studying and doing business. For more students in realising the introductory (propaedeutic)
information, contact Mr. H. Postma phase objectives and the process of self-control.
(h.postma@saxion.nl) In addition to study career supervision, coaching in
the career development is key. Personal develop-
Internationalization ment, social development and professional develop-
Internationalization is one of the spearheads of the ment hold a prominent place. In shaping the future
F€M-school policy. Students are encouraged to do accountant, business economist or tax economist,
their internship or graduation assignment abroad. it is not only about having enough expert know-
In previous years, students have done their ledge, but also about having a large amount of
internship in, amongst other places, Curaçao, general professional competencies. Students need
South Africa and Bhutan. It gives the internship or to have social and communicative skills and manage-
graduation period a large added value and such an ment qualities.
experience is of great value to your CV!
Practical office internship
F€M is a member of Businet, an umbrella organi and graduation
sation of universities of applied science in Europe, Students of the IFA-programme carry out their
and one of the teachers, Mr. Schenke, is in the internship abroad in the third or fourth study year
organisation’s board of directors. Businet organises for a period of 20 weeks. Students that meet the
‘international business weeks’ for the participating internship maturity requirements (See EER), can
schools. Here, F€M students can get to know apply for their internship period at the school
students and universities in other countries, such office (e-mail: praktijkbureau.fem@saxion.nl).
as Belgium, France, Great Britain, Poland, Czech The internship coordinator will assess the in-
Republic and Finland. ternship assignment.
If he/she meets all the requirements, the student
Study career supervision can start the assignment supervised by the
Within the study programmes of the School of company supervisor. The student is also supported
Finance and Accounting, study career development by the school coach. The student writes a report
(study coaching) receives a lot of attention. The about his/ her experiences and the job activities
study career development programme in the first he/she performed.
year is intended to coach students in the process If the internship takes place in the field of fiscal
of competency development. economics, it will be finished with an oral assess-
ment about the professional products produced.
The main objectives of the introductory At the end of the programme, the research and
(1st year, propaedeutic) phase are: advisory report needs to be completed. Students
1 Orientation on the various F€M programmes acquire their own assignment, which should meet
and professional practice the set requirements.
2 Making a responsible study choice After approval by the graduation co-ordinator,
the selection process) the student starts working on the assignment,
3 Preparation for the main phase supervised by the company coach and school
coach. The student writes his/her thesis about the
graduation assignment, which will be defended in
Study guide 2014-2015 23the final interview. As soon as all units have been Requests need to be handed in on the Tuesday
assessed with a sufficient mark, the student has before the exam committee’s meeting, at the
graduated with the certificate of accountancy, latest. The meeting schedule can be found on
business economics or fiscal economics and he/ MySaxion under year schedule.
she can take on the title of Bachelor of Business
Administration/Bachelor of Science. Questions and requests can only be submitted
with the above-mentioned forms, any other e-mails
Exam committee (examination board) or letters can not be dealt with. Students should
For requesting things that deviate from the EER not approach the exam committee members in
(e.g. exemption requests, extra exam time), you person.
have to file a request with the academy’s exam
committee. Take a look at the FAQ list of the exam committee
on MySaxion and dicuss your request first with
The exam committee consists of the your mentor.
following employees:
Mrs. M.A.H. Roex-Lemmens (president) The exam committee’s e-mail address is:
Mr. P.J.M. Sabandar (vice-president) examencommissie.fem@saxion.nl
Mr. J.S. van Hettema (secretary)
Mr. L. Beumer (repl. secretary) MySaxion: the source of information
Mr. E.A.M. Mentink RA (member) for F€M-students!
Exemptions can be requested using the forms Make sure My Saxion is set up with the right study
below. These forms, which can be found on programme and location. These data can be found
My Saxion, have to be printed out and handed in, in the upper left-hand corner of the screen. With
in the mailbox of the exam committee’s secretary the button right below that, you can change the
(to be found at the F€M school) set-up.
• Request for exemption in doing exams
• Request for test facilities News announcements
• Request to change the study contract Immediately after logging in, you will see an
• Other requests overview of news announcements. Make sure you
check every day if there is anything relevant for
you. Underneath you can find the announcements
Exemption requests can only be answered
that have to do with Saxion in general.
when the following checklist has been
completed:
Schedules/Timetables
• The form with your request
If you click the link ‘schedule’, you can find the
• Description of the module
timetable. It is shown by the week. Timetables can
• Description of the consulted literature
be found with the class code. The timetables will
• Verified copy of the list(s) of marks
be refreshed every day (at night). We try to avoid
• Verified copy of the certificate
any changes, but make sure you check the newest
version of the timetable every day!
24 Study guide 2014-2015Tests be found. During the first day of classes, the login
If you click ‘links’, you can find the link to the link for this study area will be handed out. All
BISON system for your exam schedule. This study materials (such as assignments, manuals,
schedule will be available around week 6 of the lecture sheets etc.) can be found in the digital
educational unit. study area. Blackboard can be reached through the
By the way, the schedules for the oral exams are My Saxion menu.
separately mentioned under the header ‘assess-
ment roosters’. Preparation for class
Through the link ‘results’ you can find the test
results and students can sign up here for the
exams. Test results will be ready within ten school • On Blackboard, students can find what they
days after the test. have to prepare for each class. Moreover,
For every test students need to sign up (Enschede the necessary literature is mentioned there.
+ Deventer). At the time of the test, students have This should be taken with you to the class.
to show a valid ID. • For the for class, the student can find which
assignments to prepare under the link to the
Result overviews courseconcerned on Blackboard. For lectures,
Every student can check his or her study results the student sometimes doesn’t have to
in BISON. The link to BISON can be found in the prepare anything. In any other case, certain
My Saxion menu. chapters from the book should be read
beforehand. Have a look under the header
Calculators of the course concerned.
Students are not allowed to use any ‘graphical • During the first day of classes, more specific
calculators/calculators with a large display with instructions will be given with respect to the
more than one line of input’. This applies to all preparation of each class.
exams, all programmes and all study years. Check
for more information My Saxion and Blackboard.
Narrowcasting screens
Both locations have so-called narrowcasting screens;
large tv-screens on which the school news can be
found: any absence of teachers will be mentioned
on the screens as well as often the short versions
of larger MySaxion announcements. Therefore,
make sure to always have a look at the screens
as well!
Digital study area - Blackboard
The School of Finance and Accounting has a digital
study area available where all study material can
Study guide 2014-2015 25Frequently asked questions The books can be ordered directly online. Of course
you are free to choose whom to order from: for
Where to go with your questions? example, books can also be ordered at www.bol.
The school has a front office for students in com. Keep in mind though, that the delivery time
Deventer (tel. +31 (0)570-603624) as well as can differ, so make sure to order on time!
in Enschede (tel. +31 (0)53-4871478). Students
can call the office with all their questions and Where can I find the timetables?
to make appointments with teachers, to hand The timetables can be found at MySaxion. You can
in assignments if agreed so, etc. view the timetables through roosters.saxion.nl.
Which books are required? In which classrooms are the lectures?
Students can find the booklist at In Enschede, the main Saxion building consists of
www.studieboekencentrale.nl. various ‘wings’ and floors. Most classes will take
place in the HB-classrooms, near the study area
of the School of Finance and Accounting (F€M).
The group work spaces and the teachers can
lso be found in this area.
However, classes are sometimes scheduled in
other parts of Saxion. A classroom number is
always composed of the following elements: HB01.
The first letter stands for the wing (a W means
Wolvecamp, an S means Schierbeek, an E Elderink,
an F Forum and an H Haanstra), the second letter
stands for the Floor (B is the ground floor, 1 is 1st
floor etc.). The last two numbers represent the
classroom number.
Due to increasing student numbers there are
several buildings. New is the Epi Drost building,
the classrooms in this building are represented
by the letter G (Van Galenstraat).
In Deventer, the main Saxion building consists
of various floors. A classroom number is always
composed of the following elements: B318. The
first letter stands for the section of the building.
Near the elevators, the classrooms are indicated
with signposts. The first number stands for the
floor. The last two numbers represent the class-
room number.
26 Study guide 2014-2015How can I reach my teachers?
In Enschede as well as in Deventer there is a study
area (in Deventer: first floor, building section B,
in Enschede: ground floor, Haanstra) with several
teacher work spaces. Due to the large amount of
lectures, internship visits, marking etc. a teacher
will not always be at his or her desk. Therefore,
it is best to e-mail beforehand to make an appoint-
ment with the teacher. If you have a question, it is
preferable to ask this through e-mail.
Teachers will always try to answer e-mails within
24 hours. Keep in mind though, that many teachers
work part-time for F€M.
House rules for the School of Finance
and Accounting (F€M)
These are:
• Clear up your work space
• Don’t leave anything behind when you leave
• Handle furniture and equipment with care
• Food and drinks are only allowed in the
restaurant, not in the study area and class
rooms.
• Smoking is NOT permitted within Saxion
• Your mobile phone must be SWITCHED OFF
during class hours and exams
• There are plenty of waste bins in the school:
use them!
• Computers and the internet are meant for
studying: use them for doing that!
• Misuse of computers and computer systems
will be punished by blocking the account.
That will make studying very difficult….
Study guide 2014-2015 27Bachelor studies International
Finance and Accounting
6
chapter
28 Study guide 2014-2015Introduction pretation to their course of study. Of course,
International Finance and Accounting (official students can specialise themselves even further,
name: Finance and Control) is a 4-year Bachelor as soon as they develop a particular professional
programme. It trains students for management image they would like to follow.
and financial positions in profit or non-profit
organisations. Starting point
The curriculum is based on the Netherlands’
The programme is internationally oriented for the national education profile. This guideline provides
following reasons: a description of the competencies and levels to
1 Its international composition of student groups which they have to be achieved for all bachelor
(several nationalities); programmes in business economics. These national
2 Internationally-oriented modules; competencies are in accordance with the “Dublin
3 International practical assignments in the Descriptors.”
modules;
4 International literature; Admission Requirements
5 An obligation to do a part of the programme
abroad (through an internship or study with a
partner university);
6 Contacts with international partner universities Students in our international studies must:
for student and staff exchanges. • Demonstrate that they have the ability,
motivation and determination to succesfully
The programme distinguishes itself through its complete the programme (letter of
attention to each individual student. He or she will motivation);
study in a class with a maximum size of 25-30 • Be admissible to Higher Education through a
students and will also work in smaller groups diploma of secondary education/high school
on assignments. Explicit attention is paid to diploma with good results such as, for Dutch
the individual student through coaching. students, VWO, HAVO or MBO and for foreign
students a diploma which is equivalent to
The programme distinguishes itself further e.g. the German Abitur, the British GCE
through its specific attention to communication A-levels or (l) GCSE grades A, B or C, the
and management skills. Everything the students French Baccalaureat or the American High
learn in specific courses in these subject areas School (top stream or plus 1 year’s college);
will be applied to other courses and in project •H
ave sufficient English language skills for
activities, such as “management games”. the specific course. We follow the IELTS 6.0
standard.
The school actively seeks to integrate features
of the current labour market within its curriculum.
As such, the subjects of general economics,
sociology and cultural anthropology, ethics and Enrollment Procedure
human resource management will contribute to To enroll for this programme, please visit the
increasing the students’ ‘global economic aware- webpage https://app.studielink.nl/front-office/
ness’. Students can make their own choices in or www.saxion.edu for more information on our
persuing a minor within the programme, providing programmes.
them the ability to give their own unique inter
Study guide 2014-2015 29Subject descriptions
In this chapter, we describe the IFA curriculum.
At the beginning of each section, we will describe
the course and the amount of credits that are
connected to this course.
1. Micro/Macroeconomics
(8 credits in year 1)
In addition to more general micro- and macro-
economic themes (such as elasticities, market
forms, Porter’s theory on competition, gross
national product, economic trends and innovation),
in this course unit, we will address international
economic relationships and the various economic
systems (the market mechanism, central planning
and various intermediate forms). We will also
address environmentalism. This course unit has
common ground with the International Financial
Management and Sociology and Cultural
Antropology courses.
General learning goals:
Make connections between events in the environ
ment of a company and within the company
itself (as far as these are a result of international
economic developments), the actions of govern-
mental organisations, competition, as well as the
entire business sector in which the company is
situated.
Literature: Hubbard: Macroeconomics
Publisher: Pearson
30 Study guide 2014-2015Quarter 1 Quarter 2 Quarter 3 Quarter 4
Year 1
Curriculum courses and exams bachelor International Finance and Accounting 2014-2015
Semester 1 Semester 2
Business Communication 1.1 & 1.2 4 ec’s Business Communication 1.3 & 1.4 3 ec’s
n Mid-Semester Exam: n End-Semester Exam: n Mid-Semester Exam: n End-Semester Exam:
Business English 1.1 Business Communication 1.2 Business English 1.3 Business Communication 1.4
Micro-/Macroeconomics 1.1 4 ec’s Micro-/Macroeconomics 1.2 4 ec’s Sociology & Cultural Antropology 1.3 Management Accounting 1.4 3 ec’s
n Exam: Micro-/Macroeconomics 1.1 n Micro-/Macroeconomics 1.2 3 ec’s n Exam: Management Accounting 1.4
n Partial exam: Sociology & Cultural
Antropology report 1.3
n Partial exam: Sociology & Cultural
Antropology exam 1.3
Financial Accounting 1.1 3 ec’s Financial Accounting 1.2 3 ec’s Financial Accounting 1.3 3 ec’s Financial Management 1.4 3 ec’s
n Exam: Financial Accounting 1.1 n Exam: Financial Accounting 1.2 n Exam: Financial Accounting 1.3 n Exam: Financial Management 1.4
Financial Management 1.1 3 ec’s Financial Management 1.2 3 ec’s International Law 1.3 3 ec’s International Taxation 1.4 5 ec’s
n Exam: Financial Management 1.1 n Exam: Financial Management 1.2 n Exam: International Law 1.3 n Exam: International Taxation 1.4
Computer Skills 1.1 3 ec’s Marketing & Management 1.2 3 ec’s MIS/ICT 1.3 4 ec’s
n Exam: Computer Skills 1.1 n Exam: Marketing & Management 1.2 n Partial exam: MIS/ICT report 1.3
n Partial exam: MIS/ICT report 1.3
Mentoring year 1 3 ec’s n Exam: Mentoring year 1
Year 2
Semester 3 Semester 4
Management Accounting 2.1 4 ec’s Management Accounting 2.2 4 ec’s International Financial International Financial
Management 2.3 4 ec’s Management 2.4 4 ec’s
n Exam: Management Accounting 2.1 n Exam: Management Accounting 2.2 n Exam: International Financial n Exam: International Financial
Management 2.3 Management 2.4
Research Skills 2.1 3 ec’s Business English 2.2 3 ec’s Supply Chain Management 2.3 3 ec’s Supply Chain Management 2.4 3 ec’s
n Exam: Research Skills 2.1 n Exam: Business English 2.2 n Exam: Supply Chain n Exam: Supply Chain
Management 2.3 Management 2.4
Ethics 2.1 3 ec’s Human Resource Accounting Information Accounting Information
Management 2.2 3 ec’s Systems 2.3 3 ec’s Systems 2.4 3 ec’s
n Exam: Ethics 2.1 n Exam: Human Resource n Exam: Accounting Information n Exam: Accounting Information
Management 2.2 Systems 2.3 Systems 2.4
Corporate Governance 2.1 3 ec’s Financial Management 2.2 4 ec’s Business Communication 2.3 3 ec’s Financial Accounting 2.4 4 ec’s
n Exam: Corporate Governance 2.1 n Exam: Financial Management 2.2 n Exam: Business Communication 2.3 n Exam: Financial Accounting 2.4
Marketing & Management 2.1 3 ec’s International project 2.2 & 2.3 3 ec’s
n Partial exam: Marketing & n Exam: International project 2.2
Management report 2.1 & 2.3
n Partial exam: Marketing & n Exam: International week 2.3
Management exam 2.1
Year 3
Semester 5 Semester 6
Auditing 3.1 4 ec’s Auditing 3.2 4 ec’s
n Exam: Auditing 3.1 n Exam: Auditing 3.2
Financial Accounting 3.1 4 ec’s Financial Accounting 3.2 4 ec’s
n Exam: Financial Accounting 3.1 n Exam: Financial Accounting 3.2
Internship 30 ec’s
Business Communication 3.1 3 ec’s Management Accounting 3.2 4 ec’s
n Exam: Business Communication 3.1 n Exam: Management Accounting 3.2
Financial Management 3.1 4 ec’s Research Skills 3.2 3 ec’s
n Exam: Financial Management 3.1 n Exam: Research Skills 3.2
Year 4
Semester 7 Semester 8
Research & Advisory report IFA 30 ec’s
n Exam: Research & Advisory
report IFA
Minor 30 ec’s n Exam: Obligatory activities
abroad IFA
n Exam: Oral defence research &
advisory report IFA
n written exam/digital exam n assessment n oral presentation n assessment n report/portfolio
Study guide 2014-2015 312. Sociology and Cultural Anthropology 4. Financial Management
(3 credits in year 1) (17 credits in year 1, 2 and 3)
This course is focused on social behaviour and Emphasis in this course is on issues of Investment
the economic structure of various peoples and and Financing. We will discuss: investment selection
cultures. We will not only look at the differences methods, the functioning of the stock exchange,
between cultures, but also the interaction (commu- valuation of shares and bonds, risk measures, the
nication) between cultures and the social and financing theory of MM, mergers/take-overs and
economic problems that may result. What are the the functioning of derivatives (options, futures).
consequences for doing business abroad? By doing What risks are associated with investing abroad
assignments, we will be able to take a close look and mergers with (take-overs by) foreign companies?
at arious cultures. This course has common ground In addition, there is room in this course for a training
with the General Economics and Communication in financial math. This course has ground in common
courses. with International Financial Management.
Learning goal: General learning goals:
Recognizing influences from society, religion, 1. Formulating a financial plan
culture, ethnicity and gender on globalisation 2. Determining and describing the economic
and doing business. feasability (rate of return) of projects and invest-
Literature: Monaghan: Social and Cultural ments
Anthropology A very short introduction 3. Collecting, systematizing and analysing financial
Publisher: Oxford University Press and non-financial index numbers
4. Analysing the choice of capital sources
3. International Financial Management Literature: Ross: Essentials of corporate finance
(8 credits in year 2) Publisher: McGraw-Hill
Knowledge of the international financial markets is
very important for many businesses that operate Learning goals Financial Management 1.1 (3 credits):
internationally. We will discuss, among other things, 1. Carry out a ratio analysis
the functioning of exchange markets (exchange 2. Determine an optimal capital structure
rate risk), international banking, the role of inflation
and interest, purchasing power parity, international Learning goals Financial Management 1.2 (3 credits):
investments and ways to limit international risks. 1. Assess an investment project
This course builds on the course General Economics 2. Calculate the present and future values of cash
and has things in common with Financial Manage- flows over the course of time
ment.
Learning goals Financial Management 1.4
General learning goals: (3 credits):
Recognizing, describing, analysing and covering 1. Calculate the value of various types of deben
financial, exchange rate and interest risks. tures
Literature International Financial Management 2. Calculate the value of various types of shares
2.3 and 2.4: 3. Understand stock market information in the
Eun: International Finance 6th Edition financial newspapers
Publisher: McGrawHill
32 Study guide 2014-2015Learning goals Financial Management 2.2 Literature Financial Accounting 1.1, 1.2, 1.3 and 2.4
(4 credits): Reimers: Financial Accounting, a business process
1. Discuss operating and cash cycles and why they approach
are important. Furthermore, students will be Publisher: Pearson
asked to differentiate between the types of short Literature Financial Accounting 3.1 and 3.2
term financial policy. Hoyle: Fundamentals of Advanced Accounting
2. Analyze how firms manage their receivables and Publisher: McGraw-Hill
the basic components of a firm’s credit policies.
Learning goals Financial Accounting 1.1 (3 credits)
Learning goals Financial Management 3.1 1. Identify the elements of the four basic financial
(4 credits): statements (the Income Statement, the Balance
1. Discuss the effects of international diversification Sheet, the Statement of changes in Shareholders’
on the performance and risk of the portfolio Equity, and the Statement of Cash Flows), explain
2. Determine the cost of capital for an international the purpose of each, and be able to use basic
organisation transaction analysis to prepare each statement.
3. Discuss the difference between domestic and 2. Explain and apply the accounting principles for
international capital budgetting. financial reporting.
3. Construct the financial statements from trans
5. Financial Accounting actions that include accruals and deferrals and
(21 credits in year 1, 2 and 3) recognize the effect of these transactions on
The Financial Accounting course is divisible into actual financial statements.
three areas: Annual Accounting/Reporting,
International Financial Accounting (about IFRS, Learning goals Financial Accounting 1.2 (3 credits)
US-GAAP and the different accounting traditions) 1. Operate the financial administration of a small
and Business administration. We will also look at business enterprise on a basic level (book-
the consequences for relevance, reliability and keeping, the accounting circle).
comparability of information in the Annual Report. 2. Apply credit management and financial analysis.
3. Account for Inventory and apply the major
General learning goals: inventory cost flow assumptions.
1. Designing, set-up and maintaining (automated)
financial and non-financial data systems. Learning goals Financial Accounting 1.3 (3 credits)
2. Supply financial and non-financial information 1. Recognize and explain how long-term assets are
to the benefit of stakeholders outside the reported on the financial statements, and prepare
organization. financial statements that include long-term
3. Apply the accounting principles and accounting assets.
standards in making the annual report of an 2. Account for liabilities, prepare financial state-
enterprise. ments that include long-term debt and explain
4. Determining and managing financial-economic capital structure.
and fiscal risks. 3. A
ccount for Equity and prepare financial
5. Use financial statement analysis to the decision- statements that contain equity transactions.
making process and to evaluate firm performance.
Study guide 2014-2015 33You can also read
