DEGREE PROFILE OF Bachelor of Business Administration (BBA) Degree Programme: Financial Services Management (Dutch: Financial Services Management) TYPE OF DEGREE & LENGTH Single degree (240 ECTS credits/4 years) INSTITUTION(S) Hanzehogeschool Groningen; Instituut voor Financieel Economisch Management (Hanze University of Applied Sciences, Groningen; School of Financial and Economic Management) The Netherlands ACCREDITATION ORGANISATION(S) Accreditation Organization of the Netherlands and Flanders (Nederlands-Vlaamse Accreditatie Organisatie, NVAO) PERIOD OF REFERENCE The programme was accredited on 30 May 2014 for a period of 6 years. CYCLE /LEVEL Bachelor’s degree QF for EHEA: 1st cycle EQF for LLL: level 6 NLQF: level 6 LANGUAGE OF INSTRUCTION Dutch MODE OF STUDY Full-time A PURPOSE Graduates of the Bachelor programme Financial Services Management can identify and analyse financial risks undertaken by both commercial and private clients. They are able to translate client data into high-quality financial services. To this end, they have developed effective analysing, problem-solving and communication skills, as well as competences relevant to banking and insurance. Graduates work to high professional standards and act in accordance with the professional code. As service providers, graduates work from the basic assumption that efficiency, risk and customer relations constantly need to be balanced. B CHARACTERISTICS 1 DISCIPLINE(S) / SUBJECT AREA(S) In the economic domain of business administration, the Financial Services Management programme focuses on all components of financial services, including: - Financial management and accounting - Financing - Business administration - Economics - Credit loans for businesses - Banking and Insurance - Research skills - Personal skills 2 GENERAL / SPECIALIST FOCUS The Bachelor’s degree in Financial Services Management 1 has both a general and a specialist focus. General focus: the financial service provider has a helicopter view. He acts integrally from a broad vision. He relates professional conduct to the ‘three R’s:’ risk, returns and relations. He makes solid decisions on the basis of a thorough analysis. With his analytical, problem-solving and decision-making capabilities, the financial services provider can develop himself in his current or future position in internationally orientated professional environments. Specialist focus: financial-commercial service provision. 3 ORIENTATION The programme is of a practical nature. It focuses on gaining practical experience and is geared to the professional environment. 4 DISTINCTIVE FEATURES Exams (including the required preparation) on the statutory regulation of financial supervision are part of the programme. In addition, Corporate Governance and Customer Relationship Management are important features of the Financial Services Management programme. C EMPLOYABILITY & FURTHER EDUCATION 1 EMPLOYABILITY Graduates primarily work in the financial-commercial sector (profit sector) as described below. Graduates typically work in profit organisations such as banks, insurance companies, (assurance-)intermediaries, stockbrokers, markets (assurance market, stock market and en option market), investment companies, pension funds, consultancy companies, IT-companies, internet companies (e-business) en large multinationals with a professional financial department. Graduates can also work in the non-profit sector such as council, provincial and national government. Graduates of the bachelor in Financial Services Management have the possibility to obtain certificates within the scope of the statutory regulation of financial supervision. Graduates of the Bachelor programme Financial Services Management can enrol in Master programmes in the field of financial-economics or management. 2 FURTHER STUDIES D EDUCATION STYLE 1 LEARNING & TEACHING APPROACHES Professional tasks are the central point in each learning period. Theoretical knowledge, applied research and the development of (personal) competencies support these professional tasks. 2 ASSESSMENT METHODS The Bachelor’s degree programme in Financial Services Management uses a wide variety of assessment methods, which include written and oral exams, assessing the individual contribution to a group, project work and assignments, performance evaluation of the work placement, continuous supervision of academic progress, student selfassessment, co-assessment and peer assessment and a final graduation project. 2 E GRADUATE COMPETENCES The programme equips the student with the generic and subject specific competencies required of a professional in the field of Financial Services Management. These are: 1 GENERIC COMPETENCES 2 SUBJECT SPECIFIC COMPETENCES F Improving the internal business processes, taking into account the rate of return, risks and relationships Working with employees Dealing with the external environment of the business Working on professionalism. Providing services Aftercare Contributing to the development of the professional in financial services management COMPLETE LIST OF PROGRAMME LEARNING OUTCOMES A graduates of the Bachelor’s degree programme in Financial Services Management can demonstrate that: - s/he is able to advise both private individuals as business clients, sell financial products in order to achieve a determined commercial result, manage and maintain a client network, and draw up a market research plan or a market development plan to sell a financial product. - s/he is able to substantially contribute to the innovation of new financial products and to accept or reject customers, having considered the balance between results, risk and relation. - s/he is able to carry out administrative tasks concerning financial services, to monitor financial results, to carry out evaluations periodically as well as draw up a final balance sheet and to produce plans of improvement for which he has found general support. - s/he is able to write policy documents and plans in which he has incorporated (international) financial and commercial analyses and in which his organization anticipates on current national and international market- and price level developments. - s/he is able to work on basis of projects, function as a professional team player and coach his fellow colleagues. - s/he is able to contribute to the improvement of business processes, with the objective to work more efficiently and effectively. - s/he is able to work with widely used automated systems and to initiate applications in information technology. - s/he is able to account for his professional financial activities and the operational management of financial services through verbal and written reports. - s/he is presentable in representing his organisation and contributes professionally to communicating to the organisation’s (international) environment. - s/he is able to reflect on the consequences of his/her professional conduct and can implement planned changes based on conclusions. - s/he is able to contribute to the development of a financial services branch by carrying out practical research on a real problem experienced in the professional environment. In addition, 3 he is able to write an article on the topic of finance and financial services management which is suitable for publication in specialist journals. - s/he is able to show that he is aware of the meaning of Fair Finance as a guideline for financial conduct. This DPP was finalised on 21 August 2014. 4