Wesleyan University Philippines

Cabanatuan City
College of Business and Accountancy
SYLLABUS
COURSE NO. : FM 3
UNIT/S:
3
COURSE TITLE : CREDIT AND COLLECTION
NO. OF
HOURS/WEEK: 3
PRE-REQUISITE: FM 1 (BANKING AND FINANCIAL INSTITUTION)
COURSE DESCRIPTION
This course covers techniques of establishing the credit, obtaining and
checking information, servicing the loan, billing and collection the amount due. Each
banks instalment credit operation is car fully scrutinized in this subject.
INSTITUTIONAL OUTCOMES
Upholding and instilling the Universitys core values such as competence,
compassion and accountability.
PROGRAM OUTCOMES
Our Business Administration (BA) Program declares its purposes and
objectives as follows:
1. To develop educated professionals who can face and meet the challenges of a
dynamic business society in a global economy;
2. To develop a business community of well-trained business leaders imbued
with Christian and Filipino values that can provide exemplary leadership and
still democratic processes towards nation building;
3. To develop and implement research-oriented curriculum that can provide
opportunities in the practical application of specialized training in business
through apprenticeship;
4. To provide adequate opportunities for the exercise of socio-economic and
moral obligations through community outreach service;
5. To acquire and develop skills for self and corporate employment; and
6. To provide sufficient exposure to the realities of the work environment
particularly in the use and application of computer technology in business.
DESIRED LEARNING OUTCOMES
Within a few years after graduation, our graduates will:
1. Apply the basic concepts, principles and theories that underlie each of the
functional areas of business such as marketing, accounting, finance, human
resources
management, production and operations
management, information technology, strategic management to business
situations, financial management, banking and
financial
institution, good governance, and human behavior in business.
2. Engage in life-long learning activities such as graduate studies and/or
professional services and training;
3. Demonstrate corporate citizenship and social responsibility; and
4. Exercise high moral and ethical standards.
COURSE CONTENT
LESSON/TOPIC
Orientation
Introduction to Credit

EXPECTED TIME
ALLOTMENT

Development of Capacity Bias Credit and Collection

Policy
18 hours
Checking Creditworthiness and Evaluation
PRELIMINARY EXAMINATION
Collections and Repayments
18 hours
Legal Aspect of Credit and Collection
Pertinent Laws relating to Credit and Collection
Operation
MIDTERM EXAMINATION
Financial Measures to gauge Sales-credit and
Collection Operation
Social, Cultural and Psychological Aspects of credits
18 Hours
and Collection
FINAL EXAMINATION
TOTAL
54 Hours
.
TEACHING AND LEARNING ACTIVITIES
Discussion, demonstration and illustration of topics
Communicate effectively with the students
Demonstrate knowledge in the areas of taxation and tax laws
Consultation
ASSESSMENT TASKS AND TECHNIQUES
Prelim, Midterm, and Final Examinations
Classroom participation
Classroom performance (i.e. Recitation, seatwork, group activities,
assignments)
REQUIRED TEXTBOOK
No Nonsense Credit and Collection Discipline Power, 4 th Edition by
Numeriano Erdulfo S. Sison
References:
Credit and Collection by Gregorio Medina
Credit and Collection Management in the Philippine Setting by Judge Jose T.
Apolo
Introduction to Philippine Money, Credit and Banking by Ruby F. Alminar Mutya
GRADING SYSTEM
The minimum requirement for a passing grade is 75% final grade average
from the following:
Term Examination
Quizzes/output, Term
Papers
Assignments and seatwork
Attendance/Activity
TOTAL
(0=50%,50=75%)

MR. ANTONIO JOSE D. CELIS

VALDEZ, CPA
Program Head, BSBA

50%
35%
10%
5%
100%
Prepared by:
MR. ELMIN FRANCHEZKO F.
Faculty

MR. JELWIN DL. BAUTISTA, CPA

Faculty
Approved by:
DR. MARIA VICTORIA C. MONES CRUZ
Dean, College of Business and Accountancy