Content

The first part will deal with interest calculation and the way financial institutions use this while designing financial products. This includes singular and complex interest calculations, discontor calculation, annuities, loans and investment problems. Throughout this part the use of the calculations will be constantly illustrated by means of practical applications elaborated in the syllabus and by other means (websites of financial institutions, product brochures of financial institutions, announcements in newspapers and magazines,...)
The second part consists of a survey of the Belgian Financial Institutional frame in Europe and current developments. Next, the bankactivities and interaction with the business community will be discussed. A short discussion of the active and passive posts of a bank banlance, the analysis of simple credit packages, some concepts and basic rules concerning the management of a bank balance, the use of duration and the impact of ICT will be provided. Again, illustrations will be brought up by the syllabus and via websites of financial institutions and supervisory bodies.
A concluding part will deal with a number of basic concepts concerning the functioning of the Belgian financial markets (from a European point of view) as well as with some important groups of the traded products on it. Here illustrations will be provided via 'wegwijs in de financieel economische berichtgeving' and websites of exchanges and simulation possibilities.