Banking and Finance

Subject outline

This subject is an introduction to the world of banking and finance practice. You will learn about and apply the law to some practical lending transactions. This is an exciting area of practice that is constantly expanding.

Banking and finance practice involves:

  • advising clients about common ways of financing commercial transactions
  • drafting loan and security documents, and
  • completing commercial transactions.

You will complete two tasks in this subject based on real-life case studies that an entry level lawyer is likely to face in practice. Each task has associated activities.

Your lecturer is available to assist you with the tasks and will give you feedback. You can also get involved with interactive class discussions via the discussion board.

Learning objectives

At the end of this subject, you will be able to demonstrate the competence required of an entry-level lawyer in the following elements of banking and finance practice:

  • conducting preliminary investigations
  • planning and documenting financial arrangements
  • undertaking due diligence, and
  • finalising the transaction.

Tasks and activities

You will complete practical tasks such as drafting a loan agreement and an advice and preparing a presentation.

To assist your learning, you have online resources such as readings and interactive case studies. You also have a hard copy of the College’s practice papers, which are also available online and in eBook format.

The course calendar sets out the milestones for you to meet, and guides you through the subject. However, other than meeting dates for submission of work and assessments, you can progress through the learning resources and tasks at your own pace, when and where it suits you.

Your lecturer is your mentor and will give you individual guidance. Your lecturer will also give you feedback, and coach you to achieve the required level of competence.

Assessment

To be eligible for assessment you must complete each task to a competent standard as determined by your lecturer.

The final assessment in the subject will be an oral assessment that will include:

  • presentation to an assessor
  • reflection on your learning in the subject
  • review of the tasks you have submitted, and
  • questions arising from the learning materials.

Your performance in the oral assessment will be graded.