COURSE INTRODUCTION BUSINESS ENGLISH 2 2014/15 FIRST YEAR, SPRING SEMESTER Lecturer: VIŠNJA KABALIN BORENIĆ Office hours: Tuesday 12:00 – 13.00 Wednesday 16.00 – 17.00 Friday 14.00 – 15.00 Room: 16 Phone: 238 3205 E-mail: vkborenic@efzg.hr Info: www.efzg.hr/vkabalin & www.efzg.hr The notice board in the Department corridor Student tutor (BDiB): PETRA MITEVSKI petra_mitevski@hotmail.com Department secretary: IVANKA DVORŽAK (Office where X-cards are issued) - exam registration - any other administrative issue - language certificates for Erasmus TIMETABLE 2014/15 (BDiB) Joint session Tue 10.30 – 12.00 Tutorials (by Petra) Tue 14.00 – 15.00 Split sessions β Wed 12.00 – 13.30 α Wed 14.00 – 15.30 Office hours Wed 16.00 – 17.00 Intended learning outcomes (ILO’s): Students will be able to: • Use the basic economics and business terminology within the realm of the selected topics, • Interpret and describe simple graphs, • Discuss and debate a selection of topics on economics and business in English • Communicate appropriately in various business situations, eg. meetings • Prepare and write a short report and minutes in English TOPICS • • • • • • • • • • • Business cycle Retailing and e-commerce International trade and the EU Banking Central banking Exchange rates Insurance Accounting and financial statements Stocks and derivatives Bonds Mergers and acquisitions Skills focus: • Language of meetings – (incl. agenda, memo, minutes) • Writing reports / memos / agendas • Describing graphs and charts REQUIRED LITERATURE • • MacKenzie, I. (2010) ENGLISH FOR BUSINESS STUDIES, CUP →units 14, 16-19, 21, 23, 26, 27 RESOURCE BANK 2 (2014/15 NEW !!!) • - students aspiring to grade A are expected to read and be able to discuss all of the material provided in the literature (See Course content, RB p 2) Copy on a USB – distribute to colleagues COURSE REQUIREMENTS • • • • Progress test 1 & 2, Report Attendance and participation Meeting Oral exam 50% 20% 15% 15% COURSE REQUIREMENTS • regular attendance is OBLIGATORY – IF YOU MISS A CLASS: keep up-to-date with the course progression (visit my web page, ask your colleagues, see me or Petra during office hours, email me…); • • • active in-class participation (home assignments, participation in discussions); organizing & role-playing a business meeting; passing progress tests or the comprehensive exam TWO EXAM OPTIONS 1) CONTINUOUS ASSESSMENT – (BEFORE REGULAR EXAM DATES) • business meeting 15% • two progress tests (1short report included) – (regular submission of written homework assignments is a requirement) 50% • active in-class participation 20% • a comprehensive oral exam 15% 2) REGULAR EXAM DATES • final comprehensive written test (regular examination period) 50% • final comprehensive oral exam (regular exam period) 15% • business meeting – during the semester 15% • attendance and participation – in class 20% MEETINGS • TEAMS OF 5-7 STUDENTS (alphabetic order) - exchange mobile phone numbers or e-mails • TOPICS WILL BE ASSIGNED (OR CHOSEN) - meetings will be held in my office during office hours starting around 15 March MORE INFO ON MEETINGS - SHORTLY FINAL SCHEDULE - SHORTLY • PREPARE THE TOPIC OF THE MEETING, AGENDA, MINUTES AND ROLES (hand in the memo with the agenda on the day of the meeting and minutes on the next class – obligatory element) • USE CLASS INPUT (RB 2) ON THE STRUCTURE AND LANGUAGE OF MEETINGS • REHEARSE YOUR ROLE ALONE AND WITH YOUR TEAM FINAL ORAL EXAM • checks your speaking skills, coherent and clear presentation of the subject • students answer three questions on the topics covered during the semester using the relevant terminology • this is followed by a brief discussion • it lasts around 5-10 minutes GRADING SYSTEM 50% 2 progress tests + short report (1 page) (if students fail one test, they can take next test, but score in both must be 50+%) 20% active in-class participation (+ home assignments: do excercises, research, take notes, write paragraphs…) 15% meeting : group assignment (individual grades) 15% oral exam (a brief coherent talk on a given subject, or a conversation on the given subject; answering questions using adequate business terminology…) Grade: 5 (A) Exceptional breadth and depth of knowledge and understanding of the area of the study; evidence of extensive and appropriate selection and critical evaluation/synthesis/analysis; exceptional demonstration of holistic and analytical thinking; exceptional ability to diagnose business problems; demonstrates excellence in explaining opinions and direct argument; addresses the ILOs exceptionally; demonstrates excellence in approach to learning; excellent logical reasoning, practical and personal competencies and communication skills. Grade: 4 (B) Very good knowledge and understanding of the area of study as the student is able to relate facts/concepts together with some ability to apply to known/taught contents/contexts’; evidence of holistic and analytical thinking; ability to diagnose business problems; may rely on set sources to direct argument; addresses the ILOs almost fully; demonstrates autonomy in approach to learning; very good logical reasoning, very good practical and personal competencies, very good communication skills. Grade: 3 (C) Good knowledge and understanding of the area of the study balanced towards the descriptive rather than critical, holistic or analytical; some ability to diagnose business problem; rely on set sources to direct argument; address the ILOs; adequate logical reasoning, good practical and personal competencies, good communication skills. Grade: 2 (D) Knowledge and understanding is sufficient to deal with terminology, basic facts and concepts, but fails meaningful syntheses; weak ability to think holistically; some ability to diagnose business problems; arguments may be weak or poorly constructed; addresses the ILOs with difficulties; weak logical reasoning, sufficient practical and personal competencies, sufficient communication skills. Grade: 1 (F) Insufficient knowledge and understanding of the area of the study; understanding is typically at the word level with facts being reproduced in a disjointed or decontextual manner; fails to address the ILOs; fails to think analytically about the discipline, weak logical reasoning, weak practical and personal competencies, weak communication skills. Recommended literature: Longman Business English Dictionary Špiljak, V. ed. (2000) Englesko-hrvatski poslovni rječnik, Masmedia Murphy Grammar Suggested sources: • Business Week, The Financial Times, The Economist … • CNBC, Bloomberg, business programmes on BBC and CNN • web sites: bized.com, investopedia.com, quickmba.com, startup.wsj.com, dictionary.com, harvardbusinessonline.hbsp.harvard.edu, encarta.msn.com, acronymfinder.com, uefap.com, , cusd.com/calonline/econ HOMEWORK: STUDY PAGES 2-5 IN RB 2 THIS WEEK … – INTRODUCTION TO MEETINGS – PLEASE get RESOURCE BANK 2 A.S.A.P. – HOMEWORK: STUDY PAGES 2-5 IN RB 2