Sustainable Finance (5 ECTS)

Objective

Upon completion of the course, the student will understand and be able to critically evaluate a wide variety of contemporary topics in sustainable finance, including integrated reporting, CSR/ESG ratings, approaches to sustainable investing, green bonds, social bonds, performance of socially responsible firms, and the role of markets in driving sustainable outcomes.

Content

* Limitations & consequences of traditional finance models
* Externalities and internalization strategies
* Governance and behaviour
* Integrated reporting
* Market efficiency
* Approaches to sustainable investing
* ESG materiality analysis
* Integrating ESG into asset valuation
* Impact investing

Location and time

One meeting per week for three hours on the Myyrmäki campus. See OMA calendar for details.

Materials

Schoenmaker, D., & Schramade, W. (2019). Principles of Sustainable Finance. Oxford University Press.

Teaching methods

The course sessions will combine lectures, discussions, cases, exercises, and other activities. Students will be encouraged to contribute to the course sessions with anecdotes, experiences, comments, questions, etc.

Teaching will take place in person on the Myyrmäki campus.

Exam schedules

Assessment will be based on four projects related to different elements of Sustainable Finance. No exam will be given.

Student workload

Live lectures 36 hr
Assignments 94 hr
Total 130 hr

Further information

The language of instruction is English.

Evaluation scale

0-5

Assessment criteria, satisfactory (1)

The student has achieved the course objectives fairly. The student will be able to identify, define and use the course subject area’s concepts and models. The student understands the criteria and principles of the expertise development.

Assessment criteria, good (3)

The student has achieved the course objectives well, even though the knowledge and skills need improvement on some areas. The student is able to define the course concepts and models and are able to justify the analysis. The student is able to apply their knowledge in leisure, study and work situations. The student understands the importance of expertise in the field of business and is able to analyze his/her own expertise.

Assessment criteria, excellent (5)

The student has achieved the objectives of the course with excellent marks. The student masters commendably the course subject area’s concepts and models. The student is able to make justified and fluent analysis and to present concrete development measures. The student is well prepared to apply their knowledge in leisure, study and work situations. The student is able to analyze the business sector expertise and the development of his/her own expertise.

Assessment criteria, approved/failed

The student has achieved the course objectives fairly. The student will be able to identify, define and use the course subject area’s concepts and models. The student understands the criteria and principles of the expertise development.

Assessment methods and criteria

Assessment will be based on a series of projects related to different elements of Sustainable Finance and grades will be on a 5 point scale (1 - 5)

Qualifications

Finance