UCP CO-Leasing Insurance

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LEASING & INSURANCE FINANCE

Program Credit Hours Duration Prerequisites

MBA 3 16 Weeks/32 sessions All core courses of Accounting & Finance

Resource Person Counselling timing Contact

Tahseen Mohsan

15 Minutes before & after class time 03218475190

Whythis Course?
Decisions made by businesses today have deeper financial implications with respect to meet short, medium term business needs and to cover different business risks related to business assets. When the decisions made by managers have financial implications, and hence affect the finances of a business needs are to meet financial decisions. Broadly speaking, everything that a business does ranging from survival to sustainability and growth fits under the rubric of financial needs through leasing and risk coverage through insurrance. Every business, small or large, public or private, has to make investment, financing and risk decisions. While the constraints and challenges that businesses face can vary dramatically across firms, the first principles do not change - maximizing value. Therefore, this course is taught from the viewpoint of a lease and insurance finance manager trying to achieve this objective.

LearningObjectives
To makelease & insurance finance fun remove the finance & risk fear from your mind. To give you the capacity to understand and relate the theoretical concepts and techniques developed in leasing and insurance finance with real world situations. To give you the big picture of leasing and insurrance so that you can understand how things fit together. To choose the right investment decision rule to use, given a menu of such choices. To find the right balance between profit appropriations and retained earnings to support business growth. To measure corporate performance by using EVA, MVA and other financial measures.

LearningMethodology
The course shall be covered as stipulated in the outline. Regularity and Punctuality: Regularity and punctuality will be very strictly observed. You have an allowance of only six absents (Out of 30 sessions). This includes the leaves that you get approved from your Batch Advisor. In case you are absent in six classes, you will get an F in the course. Regarding punctuality, you will be marked present only if you arrive in the class within five minutes of the scheduled time. Any absents during the presentation sessions will result in deduction of 1 point each from the class participation marks. This means that the class participation marks can go into the negative as well. If your group is making a presentation and you are not there, you get a zero. If you miss a Quiz/Assignment/Case Study, you will get zero in that. Book Readings:

You are supposed to have read the text chapters under discussion in advance. Questions answered, relating to these text chapters, will contribute to the class participation marks. Class Participation: Positive, healthy and constructive class participation will be monitored for each class. Particular emphasis will be given during the presentation sessions. The manner in which the question is asked or answered will also be noted. Your behaviour, as business executives in the class will contribute to the class participation marks. Consultancy Service: During this programme consider me as your consultant. You are free to discuss the progress of your courses any time you want. However to avoid inconvenience setting up of appointment is recommended.

Assessments
All of the activities held during the session will be evaluated; the final grades for the course will be as follows: Quizzes Assignment/Case Study Project Mid-Term Final exam Total Quizzes: 10% 10% 10% 30% 40% 100%

Quizzes will be taken according to calendar of activities. The quizzes are aimed at evaluating the participants understanding and clarity of different concepts. Some corrective action will be taken if necessary, to fill the gap between desired and actual. Surprise quizzes may also be taken. Quizzes may be either subjective or objective. Assignments/Project: Assignments are evaluated on the basis of the material, expression, graphical representation (if required), and list of references. Plagiarism is not allowed. Late submission of assignments will not be accepted in any case. Assignments will be returned after grading the next week. At the end of the course, the participants are required to submit a project. The purpose of the project is to enable the participants fully apply the knowledge acquired during the course. It will come up with more clear understanding of what is going on in practical life. Grading Basis

Group Work: Each group will be required to work on case assignments and one comprehensive project Rules of group work: Pick your own groups. (If you have trouble getting picked, I will help) All group work will be self policed, except in extreme circumstances. Quizzes and exams are, however, based on individual effort There will be one grade per group, no matter how the work load is distributed among the group members Rules for class: Cell phones (Please, need I say more..) Dress codelook in the mirror before coming to class RECOMMENDED TEXTS: Course Pack REFRENCE BOOKS AND OTHER READING MATERIAL:

CALENDAR OF ACTIVITIES

Session

TOPIC

Class Discussion Areas What is Lease? What is the difference between Leasing & Financing? Why Lease? Origin of Leasing. Leasing Industry in Pakistan. What is the difference between Financial & Operating Lease/ Discuss the different types of Financial Lease.

Suggested readings

Readings/Cases/ problems

1-4

HYBRID FINANCING: LEASING

5-8

Rental calculationsbeginning & end mode RENTAL CALCULATIONS Amortization schedule Recovery Based Accounting Standard Based LEASE RENTALS RECORDING Accounting Treatment of Rentals Receivable Security Deposit/Residual Value Capital Requirement Vital Ratios Explore to single person/Group NPL's Criteria & Calculations etc. Lease structure including different types of fee & commissions, payment terms, securities etc against assets purchase locally & imported. MID TERM LEASE STRUCTURE Remaining part of above topic What is Insurance? Two types of Insurance. Insurance Products Insurance Provides the security Members of an Insurance policy Elements of Insurance Different tyes of Insurance Products Product wise benefits Cover Multiple. REVISION

9-10

10-14

LEASING REGULATIONS

15-16

LEASE STRUCTURE

17 18-20

21-22

INSURRANCE

23-24

BASIC TERMSIN INSURANCE

27-30 31-32

PRODUCTS

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