School: Business and Law

This unit information may be updated and amended immediately prior to semester. To ensure you have the correct outline, please check it again at the beginning of semester.

  • Unit Title

    Credit and Lending Decisions
  • Unit Code

    ECF3310
  • Year

    2025
  • Enrolment Period

    1
  • Version

    3
  • Credit Points

    15
  • Full Year Unit

    N
  • Mode of Delivery

    On Campus
    Online
  • Unit Coordinator

    Prof Robert POWELL

Description

In this unit students will develop the knowledge and skills necessary to identify and evaluate the key factors involved in making sound credit and lending decisions. Study will concentrate firstly on establishing and developing the principles of first way out and second way out. From there, the scope of the unit will be broadened to consider the analysis and reporting of risks associated with the first and second ways out. The unit includes the application of these principles to a series of practical lending situations: corporate customers, project finance, lending to the agricultural sector, and lending to small business.

Prerequisite Rule

Students must have passed ECF2226.

Learning Outcomes

On completion of this unit students should be able to:

  1. Evaluate the financial position (first way out) and available security (second way out) in a lending proposition through the application of lending principles to a range of different borrowers such as individuals, corporations, small businesses, projects and farmers.
  2. Formulate strategies for mitigating key risks involved in lending proposals.
  3. Compile a comprehensive lending submission which recommends the approval or decline of requests for finance and communicates your recommendations in a structured, logical and persuasive manner.
  4. Analyse ethical principles, codes of conduct and values used in lending decisions.

Unit Content

  1. Lending in an Australian context.
  2. The application of finance theory principles to lending.
  3. First way out and second way out in lending.
  4. Risk analysis and the writing of a lending submission.
  5. Advanced topics in lending: a. project finance; b. lending to farmers; and c. small business lending.

Learning Experience

ON-CAMPUS

Students will attend on campus classes as well as engage in learning activities through ECU's LMS

JoondalupMount LawleySouth West (Bunbury)
Semester 213 x 2 hour lectureNot OfferedNot Offered
Semester 213 x 1 hour tutorialNot OfferedNot Offered

For more information see the Semester Timetable

ONLINE

Students will engage in learning experiences via ECU’s LMS as well as additional ECU learning technologies

Assessment

GS1 GRADING SCHEMA 1 Used for standard coursework units

Students please note: The marks and grades received by students on assessments may be subject to further moderation. All marks and grades are to be considered provisional until endorsed by the relevant School Progression Panel.

ON CAMPUS
TypeDescriptionValue
Case StudyCase Study Exercise30%
Case StudyCase Study Assignment40%
EssayShort Essays Task30%
ONLINE
TypeDescriptionValue
Case StudyCase Study Exercise30%
Case StudyCase Study Assignment40%
EssayShort Essays Task30%

Disability Standards for Education (Commonwealth 2005)

For the purposes of considering a request for Reasonable Adjustments under the Disability Standards for Education (Commonwealth 2005), inherent requirements for this subject are articulated in the Unit Description, Learning Outcomes and Assessment Requirements of this entry. The University is dedicated to provide support to those with special requirements. Further details on the support for students with disabilities or medical conditions can be found at the Access and Inclusion website.

Assessment

Students please note: The marks and grades received by students on assessments may be subject to further moderation. Informal vivas may be conducted as part of an assessment task, where staff require further information to confirm the learning outcomes have been met. All marks and grades are to be considered provisional until endorsed by the relevant School Progression Panel.

Academic Integrity

Integrity is a core value at Edith Cowan University, and it is expected that ECU students complete their assessment tasks honestly and with acknowledgement of other people's work as well as any generative artificial intelligence tools that may have been used. This means that assessment tasks must be completed individually (unless it is an authorised group assessment task) and any sources used must be referenced.

Breaches of academic integrity can include:

Plagiarism

Copying the words, ideas or creative works of other people or generative artificial intelligence tools, without referencing in accordance with stated University requirements. Students need to seek approval from the Unit Coordinator within the first week of study if they intend to use some of their previous work in an assessment task (self-plagiarism).

Unauthorised collaboration (collusion)

Working with other students and submitting the same or substantially similar work or portions of work when an individual submission was required. This includes students knowingly providing others with copies of their own work to use in the same or similar assessment task(s).

Contract cheating

Organising a friend, a family member, another student or an external person or organisation (e.g. through an online website) to complete or substantially edit or refine part or all of an assessment task(s) on their behalf.

Cheating in an exam

Using or having access to unauthorised materials in an exam or test.

Serious outcomes may be imposed if a student is found to have committed one of these breaches, up to and including expulsion from the University for repeated or serious acts.

ECU's policies and more information about academic integrity can be found on the student academic integrity website.

All commencing ECU students are required to complete the Academic Integrity Module.

Assessment Extension

In some circumstances, Students may apply to their Unit Coordinator to extend the due date of their Assessment Task(s) in accordance with ECU's Assessment, Examination and Moderation Procedures - for more information visit https://askus2.ecu.edu.au/s/article/000001386.

Special Consideration

Students may apply for Special Consideration in respect of a final unit grade, where their achievement was affected by Exceptional Circumstances as set out in the Assessment, Examination and Moderation Procedures - for more information visit https://askus2.ecu.edu.au/s/article/000003318.

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