Curriculum Financial Management Institutional section UCN

Transcription

1 Curriculum Financial Management Institutional section UCN Academy Profession Degree Programme in Financial Management Version /09/2016 University College of Northern Denmark 1

2 Content 1. Order of examinations by semesters Framework and criteria for the study programme exams Automatic registration for all exams Academic aptitude examination The exam in the compulsory components Financial markets and advising I, FMA2 the Economic method The exam in the compulsory educational components Business economics I + II, Macroeconomics I + II, Business law I + II and Statistics The exam in the compulsory components Financial markets and advising I, FMA1 + II and Sales and advising I The exam in the compulsory components Business economics III, Financial markets and advising III, Financial marketing, and Sales and advising II The examination in the Trade specialisation compulsory educational component Elective educational components Elective 3 rd semester 5 ECTS Examination in elective educational component Elective Financial Accounting in Private and Public Companies Internship Internship requirements and expectations Exam participation prerequisites The final exam project Educational components that may take place abroad Withdrawal from exams Types of learning and teaching methods applied Obligation to participate and obligation to attend Student counselling Lecturers as counsellors...20 The lecturers at the Financial Management programme often act as counsellors to the students in respect of the study activities in connection with project work, for example Credit transfer for the elective educational components Obligation to participate Criteria for assessing study activity Language Examination language Illness resit examinations and resit examinations Study aids Special exam arrangements Academic misconduct at exams Use of own work and that of others plagiarism Disciplinary actions in events of academic misconduct and disruptive behaviour...23 University College of Northern Denmark 2

3 18. Complaints about exams and appeals against decisions Exemption University College of Northern Denmark 3

4 1. Order of examinations by semesters Overview of all exams and their order. All exams are graded according to the 7-point grading scale. Scheduled time 1 st semester 1st semester 2nd semester 3rd semester Compulsory educational component Economic method, Financial markets and advising I, FMA2 Business economics I + II, Business law I + II, Macroeconomics I + II and Statistics Financial markets and advising I, FMA1+ II and Sales and advising I Financial markets and advising III, Sales and advising II, Financial marketing, and Business economics III Trade specialisation ECTS Also called 7,5 ECTS 35 ECTS 17,5 ECTS 20 ECTS 5 ECTS Academic aptitude examination Method (1st internally assessed exam) Annual exam (1st externally assessed exam) Advising private individuals (2nd internally assessed exam) Advising corporate clients (3rd internally assessed exam) Trade specialisation (4th internally assessed exam) 4th semester Electives 5 ECTS Internship 15 ECTS Final exam project 15 ECTS Electives (5th internally assessed exam) Internship (6th internally assessed exam) Final exam project (2nd externally assessed exam) Information about the time and place for exams can be found on ecampus. 2. Framework and criteria for the study programme exams 2.1 Automatic registration for all exams An educational component is completed with an exam, which takes place in continuation of the component. When students start on an educational component, they are automatically registered for the final exam of the educational component. Students cannot withdraw from examinations. University College of Northern Denmark 4

5 If students fail an exam, they are still registered for the exam and must take a resit examination. Students have three exam attempts. Three failed exam attempts will cause cessation of registration as a student. However, for the ordinary programmes, cessation of registration will not take place, if the students have been on leave in the course of the semester. 2.2 Academic aptitude examination Examination procedure The purpose of the academic aptitude examination is to determine whether the students have in fact started their study. The academic aptitude examination is an individual and internal assessed exam. The exam will be assessed passed or failed. The academic aptitude examination is not comprised by the rules of Chapter 10 Complaints about exams, cf. section 9(4) of Ministerial Order no of 16 December 2013 on examinations on professionally oriented higher education programmes (the Exam Order). That means that the students cannot complain about: 1) the examination basis, including exam questions, assignments, etc.; 2) the course of the examination; or 3) the assessment Order of examinations The academic aptitude examination consists of several parts, which are spread out over the first three weeks of the study programme. Following the study start, the tests take place in several steps and the student is informed about the form and the content at the start of the programme. Part 1: Participate during the first day of the study programme Part 2: Within the first two weeks, he/she must have their photo taken for the student card Part 3: Documented by signature, the student confirms that he/she has contributed in the preparation of the study group contract Part 4: Participate in the discussions during the Reflective Practice Based Learning (RPL) conversations Part 5: Participate in the lectures during the first three weeks Part 6: Receive approval of study-start quiz which is to be held after three weeks of studies Based upon a combined evaluation of all the elements of the academic aptitude examination, the teachers of the study programme determine whether the student has met the requirements of the tests, and the teachers thereby make an overall assessment of whether the student effectively has started on the education. If the teachers of the programme, in their combined evaluation, do not asses that the student has started on the study programme, the student shall, immediately following the assessment, be offered to take a supplementary test, upon which the student must hand-in a written presentation of max. 1 normal page (one normal page has 2,100 key strokes incl. spacing). The written presentation should include an explanation of: reflections over own study activity the first weeks of the study programme, purpose for choosing the study programme, and own contribution in relation to the study-group activities and the class as a whole. University College of Northern Denmark 5

6 During an subsequent oral exam the student must demonstrate his/her study readiness, co-operative skills and personal insight. The oral exam has a duration of 30 minutes incl. assessment. The study programme may exempt individual students from the deadlines that have been set for passing the examination if the exemption is due to illness, maternity or paternity leave or exceptional circumstances. If students do not pass the exam in the second attempt, their registration will be terminated, cf. section 37(3) of the Ministerial Order on admission to academy profession degree programmes and professional bachelor's degree programmes (the Admission Order). Link to the Admission Order (in Danish): Adgangsbekendtgørelsen Examination language English. Re-exam If the student does not pass the academic aptitude exam, he/she is to be offered a re-exam. This will have the same form and content as the supplementary test for the ordinary exam. 2.3 The exam in the compulsory components Financial markets and advising I, FMA2 the Economic method Examination prerequisites The students must participate in the Semesterproject. The contents of the written semesterproject must be academically honest, meet the requirements to form and be submitted correctly and in due time. The students confirm by their signatures that they are responsible for the project preparation in the semesterproject. If students fail to meet the exam prerequisites, they are considered to have used an exam attempt and thus have two exam attempts left to pass the first internally assessed exam. Examination procedure At the end of the 1st semester there will be an individual oral exam with a duration of 30 minutes, including time for deliberations. In the course of the last half of the semester the students will be writing a project in groups of 3-5 persons. A group project report not exceeding 15 pages per group is to be submitted. The exam is graded according to the 7-point grading scale on the basis of the individual, oral performance only (the project report is not part of the assessment). The 30 minutes of individual oral examination will typically be distributed as follows: 5-10 minutes of presentation of the results of the students in connection with their work on the project, minutes for answering questions broadly in the learning outcomes of the subject and five minutes for deliberations. The examination is internally assessed and will be graded according to the 7-point grading scale. University College of Northern Denmark 6

7 The exam is worth 7,5 ECTS credits. Assessment criteria The assessment criteria for the exam are the same as the learning outcomes for the compulsory educational components Financial markets and advising I, FMA2 and Economic method Learning outcomes are described in the national section of this Curriculum. Order of examinations The exam takes place at the end of the 1st semester. Further information about time and location and submission of the written group project can be found on ecampus. According to section 8(2) of Ministerial Order no of 16 December 2013 on Examinations on Professionally Oriented Higher Education Programmes (Exam Order), the exam must be passed before the end of the 1st year of study in order for the students to continue the study. The study programme may exempt individual students from the deadlines specified for passing the exam, if the exemption is due to illness, maternity or paternity leave or exceptional circumstances. Examination language English. 2.4 The exam in the compulsory educational components Business economics I + II, Macroeconomics I + II, Business law I + II and Statistics Exam prerequisites In the 1st semester the students are to hand in one written assignment in Business economics I, Macroeconomics I and Business law I, respectively. In the 2nd semester the students are to hand in one written assignment in Business economics II, Macroeconomics II, Business law II and Statistics, respectively. The written assignments must be submitted in due time and be academically honest. If the students fail to hand in all seven written assignments, they will be considered to have made an exam attempt. The students thus have two exam attempts left to pass the 1st externally assessed exam. In the 2nd semester the students are under an obligation to participate in preparing and evaluating the group project in the subjects Macroeconomics and Statistics A written presentation with academically honest contents is to be submitted. It will be evaluated in an internal group presentation. Examination procedure The exam is in the form of a 2-hour individual written examination in each of the four subjects in the learning outcomes from the 1st year of study. The exam questions for the four subjects are prepared by a national exam paper commission. The exam is in writing and is graded according to the 7-point grading scale, as a grade is given according to the 7-point grading scale for each part exam. The grade for each part exam will feature on the degree certificate. The students will receive a single total grade, which is calculated through a weighted (according to ECTS) average of the four part exams. If the mean is at least exactly between two grades, the grade will be rounded up. However, the average must be at least 02 without rounding up. University College of Northern Denmark 7

8 Where students achieve at least the grade 02 in the annual exam, they must resit the exams in the subjects in which they have not achieved at least 02. Grades in the ordinary exams of 02 or higher will be transferred to the resit, cf. section 7(2) of the Exam Order. The exam is worth 35 ECTS credits. Assessment criteria The assessment criteria for the exam are the same as the learning outcomes for the compulsory educational components Business economics I + II, Macroeconomics I + II, Business law I + II and Statistics The learning outcomes are described in the national section of this Curriculum. University College of Northern Denmark 8

9 Scheduled time The exam will take place at the end of the 2nd semester. Information about time and place can be found on ecampus. According to section 8(2) of the Exam Order, the exam must be passed before the end of the 1st year of study in order for the students to continue the study. The study programme may exempt individual students from the deadlines specified for passing the exam, if the exemption is due to illness, maternity or paternity leave or exceptional circumstances. Use of study aids All written study aids are permitted (including use of the Internet) Communication with others during the exam is not allowed. Examination language English. 2.5 The exam in the compulsory components Financial markets and advising I, FMA1 + II and Sales and advising I Exam prerequisites The students must take part in an oral presentation in the 2nd semester in the Financial markets I, FMA1 + II subject. The students must have participated in Sales and advising I, having made a presentation in the communications lab. If students fail to meet one of the above prerequisites, they will be considered to have made an exam attempt. The students thus have two exam attempts left to pass the 2nd internally assessed exam. Examination procedure At the beginning of the semester the students will be given 6-8 cases that form the basis of the individual oral exam. The students may work on the exam cases during the entire semester. At the end of the 2nd semester, a 30-minute individually assessed oral exam, including time for deliberations, will be held in the learning outcomes for the 1st year in the subjects Financial markets and advising I + II and Sales and advising I. The students will pick a random case study and will be given 30 minutes to prepare before the oral examination. The oral examination includes a role play followed by examination. The first part of the exam, dialogue brief, is a client situation in which the students present a financial proposal to the examiner (the client). The dialogue is based on the case study handed out to the students for the preparation. The 2nd part of the exam is an examination in selected discipline-specific topics based on the case study. The exam is an internally assessed oral exam. The exam is graded according to the 7-point grading scale. One individual overall grade is given based on an overall evaluation of the written and oral performance. University College of Northern Denmark 9

10 The exam is worth 17,5 ECTS credits. Assessment criteria The assessment criteria for the exam are the same as the learning outcomes for the compulsory educational components Financial markets and advising I + II and Sales and advising I. The learning outcomes are described in the national section of this Curriculum. Scheduled time The exam will take place at the end of the 2nd semester. Information about time and place can be found on ecampus. According to the Exam Order, the exam must be passed before the end of the 1st year of study in order for the students to continue the study. The study programme may exempt individual students from the deadlines specified for passing the exam, if the exemption is due to illness, maternity or paternity leave or exceptional circumstances. Examination language English. 2.6 The exam in the compulsory components Business economics III, Financial markets and advising III, Financial marketing, and Sales and advising II Examination prerequisites Participation in the group project preparation is a prerequisite for sitting the oral exam. Participation is documented through a signature on the group project. The assignment must meet the requirements to form and be submitted correctly and in due time. If students fail to meet the exam prerequisites, they are considered to have used an exam attempt. The students thus have two exam attempts left to pass the 3rd internally assessed exam. Examination procedure In groups of 4-5 persons, the students are to prepare a written project equivalent to 20 standard pages. A standard page is 2,100 characters including spaces a total of not more than 42,000 characters including spaces. The number of pages is exclusive of cover page, table of contents, reference list, list of appendices and appendices, which do not count towards the maximum number of characters, and which will not be assessed. The group project is not to be individualised. Based on public information regarding the company XX A/S, the groups must select a problem formulation within the area of Advising Business Customers and the contents of the 4 courses: Business economics, Financial markets & counselling, Sales & customer relations and Financial marketing. In addition to introduction, problem statement, methodology, delimitation and conclusion, the assignment must as a minimum include the following: A financial analysis including evaluation of this analysis A situational analysis that includes both an internal and an external analysis of the company A sales presentation Credit analysis of the company including a customer strength profile University College of Northern Denmark 10

11 There will be 60 minutes of preparation for the exam. Before preparation time, the student must draw two questions within the learning outcomes of the four course units. The duration of the oral exam is 30 minutes, including time for deliberations. The exam is based on the total project report with focus on the questions drawn. The course of the 30-minute oral examination of each student will typically be as follows: A 5-minute presentation/further expansion of the project, 20 minutes to answer the two questions that were drawn as well as any supplementary questions within the curriculum of the semester and 5 minutes for deliberations and informing the student of the grade. The exam is worth 20 ECTS credits. Assessment criteria The assessment criteria for the exam are the same as the learning outcomes for the compulsory educational component Financial markets and advising III, Financial marketing, Business economics III, and Sales and advising II. The group project will not be assessed; it will only form the basis of the oral examination. The learning outcomes are described in the national section of this Curriculum. If the students fail the ordinary exam, they must resit the exam. Students are not to prepare a new project to register for a resit. Scheduled time The exam will take place at the end of the 3rd semester. Further information about time and location and submission of the written group project can be found on ecampus. Examination language English. 2.7 The examination in the Trade specialisation compulsory educational component Examination procedure A 30-minute individual written exam in the learning outcomes for the Trade specialisation subject. The examination is a multiple choice examination. All written study aids are permitted during the examination, including use of the Internet. Communication with others during the exam is not allowed. The exam paper will be prepared by a national exam paper commission. The exam is internally assessed and graded according to the 7-point grading scale. The exam is worth 5 ECTS credits. Assessment criteria The assessment criteria for the exam are the same as the learning outcomes for the Trade specialisation compulsory educational component. The learning outcomes are described in the national section of this Curriculum. University College of Northern Denmark 11

12 Scheduled time The exam will take place at the end of the 3rd semester. Information about time and place can be found on ecampus. Use of study aids All written study aids are permitted (including use of the Internet) Communication with others during the examination is not allowed. Examination language English. 3. Elective educational components 3.1 Elective 3 rd semester 5 ECTS Contents The Financial Management Programme offers Advanced Statistics as elective course. 3.2 Examination in elective educational component Elective ECTS credits The elective educational components are offered with 5 ECTS. Learning outcomes Advanced statistics Workload: 5 ECTS credits Taught: 3rd semester Outcomes upon successful completion of the unit The purpose of this course unit is to provide students with more detailed knowledge of computation of probability and probability distribution which students previously acquainted themselves with in relation to hypothesis testing. Furthermore, using statistical theory, students should be able to perform advanced analyses and evaluations of a given marketing task or an issue in business economics or macroeconomics. The students will have acquired knowledge about Descriptive statistics and probability computation stochastic variables and probability distributions scaling random sample theory conduct goodness-of-fit tests generate count tables for tests variance analysis. Students should have acquired skills in calculating and interpreting different measures of central tendency and variation perform probability computations for stochastic variables/probability distributions apply different data collection methods University College of Northern Denmark 12

13 set up point estimates and confidence intervals and interpret them perform one-way analysis of variance using hypothesis testing and confidence intervals to test for similar mean values. Students will have achieved the competence to evaluate specific tasks in the financial sector in an autonomous way that is based on probability theory evaluate descriptive statistics of market-related issues evaluate applied data collection methods. Scheduled time The elective educational components take place in the 3rd semester of the study programme. Examination prerequisites There will be requirements of participation in a given study activity. The study activity is to be communicated when the subject is created. Examination procedure The exam is internal and written and is graded according to the 7-point grading scale. Examination language English. 3.3 Financial Accounting in Private and Public Companies Contents The Financial Management Programme offers Financial Accouting in Private and Publiv Companies as elective course. ECTS credits The elective educational components are offered with 5 ECTS. Learning outcomes Financial Accouting in Private and Publiv Companies Workload: 5 ECTS credits Taught: 3rd semester Outcomes upon successful completion of the unit The purpose with the specialisation in Financial Accounting is for the student to obtain an understanding of the tools used within the area of Financial Accounting. The students will have acquired knowledge about The legal aspects of Financial Accounting, hereunder The influence on the Financial Accounts The difference between an ordinary annual report and the taxable financial accounts The difference between internal and external financial accounts Different accounting rules University College of Northern Denmark 13

14 The difference between budgeting in a private and a public company as regards the budgeting procedures and the content Students should have acquired skills in Identify and solve external accounting problems Identify and solve internal accounting and financial problems Cost allocation on departments, business areas and products Cost allocation in different types of financial accounts Develop and use operating- and liquidity budgets Develop sensitivity analysis based on accounting and budget figures Use alternative tools for financial accounting Utilise new models including the known tools from Business Economics Credit Analysis of companies using financial accounts and budgets Students will have achieved the competence to Independently to be able to analyse private and public companies financial problems and develop alternative solutions for solving these problems. Scheduled time The elective educational components take place in the 3rd semester of the study programme. Examination procedure The exam is internal written exam graded according to the 7-point grading scale. Examination language English. 4. Internship 4.1 Internship requirements and expectations During the internship, students work with professionally relevant issues and acquire knowledge of relevant job functions. The connection between theoretical tuition and internship is the foundation for the students' internship learning outcomes. Based on the learning outcomes for the internship, cf. the national section of this Curriculum, the students and the supervisors/contact persons will collaborate on setting the specific goals for the learning outcomes of the internship. The outcomes are written down and included in the internship journal of the students. This is a guideline for the planning of the students' internship tasks and work. The internship should be likened to a full-time job with the same requirements for working hours, effort, commitment and flexibility that finance management graduates can be expected to meet in their first jobs. The internship may be organised in a flexible, varied manner and may form the basis of the students' final bachelor project. University College of Northern Denmark 14

15 4.2 Exam participation prerequisites Exam prerequisites The contents of the written assignment must be academically honest. The assignment must meet the formal requirements and be submitted correctly and in due time. The students confirm by signature that they are responsible for having prepared and written up the project If students fail to meet the exam prerequisites, they will be considered to have made an exam attempt. The students thus have two exam attempts left to pass the 7th internally assessed exam. Examination procedure At the end of the internship period, an oral exam (30 minutes) will be held based on a written report of approx. ten standard pages about a discipline-specific problem or issue from the internship company. A standard page is 2,100 characters, including spaces and footnotes. The pages are exclusive of cover page, table of contents, reference list and appendices. Appendices will not be assessed. University College of Northern Denmark 15

16 Formal written project requirements Cover page Title page Table of contents Introduction including presentation of problem statement, research question(s) and methodology Analysis chapter (analyses to be outlined and elaborated at the oral exam) Conclusion Elaboration, if any Reference list (incl. all sources referred to in the project) Appendices (include only appendices central to the report) The report is prepared individually. Oral examination Oral exam of a duration of 30 minutes, including time for deliberations. At the oral exam the student will typically make a 5-minute presentation. This is followed by an examination based on both the presentation and the submitted report. The examination is internally assessed and will be graded according to the 7-point grading scale. The internship report and the oral examination are assessed as a whole, leading to a single grade. If the total assessment results in a grade below 02, the student is to prepare a new project in order to register for another exam. The exam is worth 15 ECTS credits. Assessment criteria The assessment criteria for the exam are the same as the learning outcomes for the compulsory educational component Internship. The learning outcomes are described in the national section of this Curriculum. Scheduled time The exam takes place in the middle of the 4th semester. Further information about time and location and submission of the written group project can be found on ecampus. Examination language English. 5. The final exam project Please see the national section of this Curriculum for the Financial Management programme for final exam project requirements as well as learning outcomes. Exam prerequisites The written project, which constitutes the assessment basis as well as the examination basis, must comply with the formal requirements for the final exam project, cf. the national section of this Curriculum; and University College of Northern Denmark 16

17 be submitted in due time according to the exam plan, which can be found on ecampus, including uploaded on UC-Viden. Incorrect submission of the written project, which constitutes the written part of the exam, means that the students will not be allowed to sit the examination, and that they will be considered to have made an exam attempt. The exam will not take place until the students have passed the final internship exam as well as the other exams of the programme. Examination procedure The exam is an externally assessed oral examination based on a written project. The written part of the final exam project may be prepared individually or in groups of two or three students. If the students fail the exam project, they must prepare a new project. Group members who do not pass are subject to the same rule. One individual overall grade is given based on an overall evaluation of the written and oral performance. The exam is graded according to the 7-point grading scale. Writing and spelling skills form part of the assessment of the written exam project (weight 10 percent). The assessment is an expression of an overall assessment of the discipline-specific content as well as the students' writing and spelling skills. The project is presented by the student; a maximum of 15 minutes followed by examination. Exam duration is 45 minutes per student, including time for deliberations. The exam is worth 15 ECTS credits. Assessment criteria The assessment criteria for the exam are the same as the learning outcomes for the final exam project, cf. the national section of this Curriculum. Scheduled time The exam will take place at the end of the 4th semester. Information about time and place can be found on ecampus. Examination language English. University College of Northern Denmark 17

18 6. Educational components that may take place abroad Each of the educational components of the study programme may take place abroad if students apply for and are granted pre-approval of credit transfer by the study programme. Upon pre-approval of a study abroad period the students must, after conclusion of their study abroad, document the completed educational components of the approved study abroad. In connection with the pre-approval the students must give their consent to the institution obtaining the necessary information following completed study abroad. For the final approval of pre-approved credit transfer, the educational component is considered completed if it is passed in accordance with the regulations applying to the study programme. UCN has a large network of partners abroad, and UCN's International Department may help students find out how to complete part of their study outside Denmark. Please contact UCN's International Department for further information. Please note, however, that studying or going on an internship abroad requires more work of the student than staying in Denmark. It is up to the students to find out which course units can be studied abroad etc. at the university that they want to go to. International Department will help students by offering advice etc. but they will not help students plan the details. That is the students' own responsibility. 7. Withdrawal from exams The rules and regulations for withdrawal from exams can be found at in the Examination Regulations for UCN's Undergraduate Programmes. 8. Types of learning and teaching methods applied UCN's learning approach is called "Reflective Practice-Based Learning". Reflective means that through their course of study students are motivated to develop personal and professional competences, such as the competence to reflect on and evaluate their own learning outcome. Through systematic feedback processes, surveys and consideration of the knowledge and practice of the profession/trade so far, the students will through their study qualify themselves to being independent, innovative and problem-solving in their service as an employee in a financial business. Through their study the students will thus become firmly rooted in the profession/trade which is the aim of the study programme. However, learning is not a transfer of knowledge from lecturer to student. In the Financial Management programme the starting point is for learning to take place within the student and in relations to fellow students and lecturers. In the Financial Management programme the focus of learning is also that students learn in different ways. The study programme has thus been planned on the basis of different educational methods. The Study Activity Model shows the different study activities that come into play in respect of the students achieving the learning outcomes of the study. However, it is important to stress that the students must take ownership of their course of study. University College of Northern Denmark 18

19 The Study Activity Model for the Financial Management programme is found at and each semester the semester plan identifies the study activities in the Study Activity Model to work with in the semester in question. In accordance with the Danish Ministry of Higher Education and Science, the students must achieve learning worth 30 ECTS credits per semester. One ECTS credit constitutes 27 working hours for the students. The semester plan therefore includes an overview of the expected workload for the different subjects/study activities. The Study Activity Model In the Financial Management programme we use a wide range of teaching and learning methods that combined support the student in achieving the learning outcomes described in this curriculum, and through the programme there is a clear progression in the learning forms, meaning that the learning forms move from knowledge-oriented and lecturer-centred tuition to problem-oriented and student-directed tuition. The tuition takes relevant practices of the profession as its starting point and links theory and practice Practice-based learning. Issues from the different types of companies in the financial sector will be included. The tuition supports the development of the information and communications technology competences of the students. 9. Obligation to participate and obligation to attend In the Financial Management programme there is an obligation to attend in the 1st and 2nd semesters, and any absence is registered. There is an obligation to attend because learning requires attendance and active participation in the study activities. Further, the study programme sees the obligation to attend as a help to the transition of students from being pupils to being students at a higher education. In order for the learning outcome of the study programme to be achieved and the tuition forms to function, it is also important to stress that the students have an obligation to participate in the form of University College of Northern Denmark 19

20 submission / presentation of assignments / projects, etc. A rejection of the student's fulfilment of the obligation to participate, for example a rejection of a written assignment, or non-compliance with the formal requirements for the assignment, will be registered as noncompliance with the study activity in relation to receipt of SU. The study programme will offer help and guidance as soon as possible if a student is neglecting his/her obligation to participate and attend. 9.1 Student counselling As a student of the Financial Management programme you may contact the student counsellor if you are facing challenges in respect of meeting the requirement for participation and attendance. You may also go to the student counsellor if you have questions regarding the planning of the study programme, studies abroad, etc. See contact information at Lecturers as counsellors The lecturers at the Financial Management programme often act as counsellors to the students in respect of the study activities in connection with project work, for example. The aim of the counselling is to support: The development of a good learning environment Social learning processes and constructive cooperation Innovation and development The study group gradually taking over the functions of the counsellor, at a pace which complies with the competence of the group The counsellor will have general focus on the project process and the learning process with focus on 1. Project contents 2. Working method and process 3. Group dynamics and process 4. Learning and meta cognition 10. Credit transfer for the elective educational components Passed elective educational components are equivalent to the similar educational components at other educational institutions that offer this study programme as well as in other programmes. Pre-approved credit transfer can be applied for if credit is requested for educational components not offered by the programme. University College of Northern Denmark 20

21 11. Obligation to participate For the programme's learning goals and outcomes to be achieved and for the learning and teaching forms to work as intended, some programme components include an obligation to participate, such as: submission/presentation of assignments/projects; and obligation to attend in the form of physical presence. IN THE FINANCIAL MANAGEMENT PROGRAMME, INDIVIDUAL OBLIGATION TO PARTICIPATE COMPRISES: Obligation to attend external lectures and company visits. If students are prevented from attending due to illness, for example, they must report this to the study administration Project work Students must participate actively as group members during project work in the study programme. The work contribution of the students in the group project is documented by their signatures on the project 1st SEMESTER Obligation to participate in submission of Insight profile A rejection of a student's fulfilment of the obligation to participate, such as a rejection of a written assignment, or non-compliance with formal assignment requirements, will be registered as non-fulfilment of the study activity in relation to receiving student grants (SU). The study programme offers help and guidance as soon as possible if students neglect their obligation to participate. 12. Criteria for assessing study activity Registration may be terminated for students who have not been participating actively in studies for a continuous period of at least one year. Periods in which the students have not participated actively in studies due to leave of absence, maternity or paternity leave, adoption of a child, verified illness or military service do not count against the period of 12 months required for participating actively in studies. On request, the students must provide documentation of such matters. The study programme may ignore these stipulations in exceptional circumstances. The application for exemption should be submitted to the programme director. Before registration is terminated, the individual students will be notified in writing. In connection with such notification, the students will be made aware of the above rules. The letter to the students must state that they have 14 days to document that periods in which they did not participate actively in studies should not count in; together with a deadline for making an appeal for exemption. If the students have not responded within the fixed deadline, their registration as students will be terminated. University College of Northern Denmark 21

22 13. Language The teaching materials are in English, and the lessons are taught in English. The students' English skills must meet the requirements of the Ministerial Order on admission to academy profession degree programmes and professional bachelor's degree programmes (the Admission Order). Students are not required to have any knowledge of foreign languages other than that stated in the Admission Order Examination language Exams must be conducted in understandable English. 14. Illness resit examinations and resit examinations The rules and regulations for resit exams and resit exams due to illness (illness resit exams) can be found at in the Examination Regulations for UCN's Undergraduate Programmes. 15. Study aids Any rules governing restriction of the use of study aids will appear from the description of the individual exam. 16. Special exam arrangements Students may apply for special exam conditions if their medical condition or relevant specific disabilities qualify them to do so. The application must be submitted to the programme not later than four weeks before the exam is to be held The application deadline may be extended in cases of sudden health-related problems. The application is to be accompanied by a medical certificate; a statement from e.g. a speech, hearing, dyslexia or blind institute or other evidence of health conditions or a relevant specific disability. Students whose mother tongue is not English may apply for permission to bring dictionaries to exams. Applications for permission to bring study aids other than dictionaries must be submitted to the programme not later than four weeks before the exam is to be held. 17. Academic misconduct at exams When handing in a written exam assignment, the students must confirm by signature that the assignment was prepared without undue help Use of own work and that of others plagiarism The rules for use of one's own or other people's work plagiarism can be found at in the Examination Regulations for UCN's Undergraduate Programmes. University College of Northern Denmark 22

23 17.2 Disciplinary actions in events of academic misconduct and disruptive behaviour The rules on disciplinary actions in events of academic misconduct and disruptive behaviour at examinations can be found at in the Examination Regulations for UCN's Undergraduate Programmes. 18. Complaints about exams and appeals against decisions The rules on complaints about exams and appeals against decisions can be found at in the Examination Regulations for UCN's Undergraduate Programmes. 19. Exemption The institutions may grant exemption from the rules in this institutional section of the curriculum that are laid down solely by the institutions, when found substantiated in exceptional circumstances. The institutions cooperate on a uniform exemption practice. 20. Effective date and transition provisions 1 This institutional section of the curriculum enters into force on 1 September 2016 with effect for all students who are and will be registered in the programme and for all exams commenced on said date or thereafter. The national section of this Curriculum of September 2015 is revoked with effect from 31 August However, exams started before 1 September 2016 will be concluded according to the national section of this Curriculum not later than 31 August Section 17(2)(12) of Ministerial Order no on Academy Profession Programmes and Professional Bachelor Programmes, transitional arrangements. University College of Northern Denmark 23