1、Lecture 1 How to Achieve the Transition toward Professional English?Case-studies designed to evaluate your current English status. I .C-E Translation: 1. 随着中国的入世，这样一些位置对专业英语能力有 越来越高 的要求，换言之，金融机构倾向于对有海外经历和专业英语者予以倾斜，这就解释了为何我们系的学生如此重视专业英语的学习。(With Chinas accession to WTO, such positions place an increa
2、singly high premium on ones English proficiency. In other words, financial institutions are inclined to give priority to people with expatriate assignment or professional English, which accounts for why students of our department attach such importance to studying professional English. )2. 武汉大学是中国教育
3、部直属的最著名的综合性大学之一。（Wuhan University is one of the most prestigious comprehensive universities directly under the Chinas Ministry of Education. ）II. E-C Translation and their Implied meaning of each sentence 1. *- Under this Clause, the payment for performing this work should be due from the contractor
4、. 2. *- Under this Clause, the client of the project is not bound to accept any or all bids he has received.3. Under this contract the contractor is bound to demolish the old district before the construction of the residential quarters in question. Bind / *-be binding upon sb. =sb is bound to do sth
5、. . Ask yourself: 1.Are these sentences close or useful to you?2.Can you put them in a professional way? (crazy English is not accepted .)3.If you can not do the job, what does it suggest?Summing Up: 1.Stress is no longer laid on the discourse comprehension as we do in studying general English. Inst
6、ead, We attach importance to utilization of English, including business philosophy and a substantial stock of financial professional expressions;2. We care more about the sentence patterns and above all, the most accurate meaning of a word, an expression or a sentence. Thats why, we use WORD system
7、in teaching instead of PPT.3.Develop professional accuracy in both oral and written expressions; e.g.:Visit/trip/journey to WudaA to Wuhan University.Due to other banks*-同业存放Due from other banks *-存放同业*- Invitation for Bids 招标*- Assets and liabilities (responsibility)资产负债*-Claims and obligations 债权债
8、务Once a firm is not in a position to meet is maturing obligations, its survival shall be threatened. Proceed v.s proceeds*- Proceeds from disposal of used truck *- Your C/D (Certificate of Deposit ) will not become valid unless we succeed in collecting the proceeds* from that US issuing bank. *-Unde
9、r this policy, the proceeds from issuing the corporate bonds should be used for capital improvement of the issuing firm in question. . *-Premise v.s premises *-Technology transfer; v.s equity assignmentIII ). Teaching Approaches:1.explaining and interpreting materials selected;2.Impromptu translatio
10、n and interpretation;3.Simulated situation English;1. Reading assignments shall be given and shall be checked in the form of dictation or oral work.IV ). Grading of the Course;1. Attendance and class performance 40%; （Something you will never know without attending class.）2. Final 60%;V. The Mix of
11、the written Final:Paper E经济与管理学院Economics and Management School of Wuhan University金融系 2007 级金融工程专业专业英语试题 Paper E出题人：桂国平 考试形式：闭卷 考试时间：2010 年 月 日 120 分钟在本班序号： 姓名_ 学号_ 记分_I. Concept Check: （10 points ）Directions: Write your answers to questions onto the paper.II. C- E Translation of Specialized Terms
12、(60 * 0.5 = 30 points )（不得缩写）1. 授信额度 60 违约罚金III. C- E Sentence Translation ( 4x4+9=25 points )IV. E-C Sentence Translation (10x2+5 = 15 points )V. Translate the Following Statement of Cash Flows/Balance Sheet/ Letter of Credit into Chinese (20 points)Directions: Put your Chinese version onto the Ans
13、wer Sheet. You dont need to put all figures on the Answer Sheet.First values: 1. English : competitive edge ,tells the last difference2. English is a kind of product and products are differentiated, be it written or spoken;I. Most valued courses for MBA in the worldP.9Ability to communicate 1Ambitio
14、n driven 2College education 3Sound decision-making skills 4Self-confidence 5Good appearance 6Ability to get things done with and through people 7Capacity for hard work 8Paramount P. 79.IV. Differences in Preferred Courses Among EMBA in the World.金融系MBA PERCENT OF MANAGERS RECOMMENDING SPECIFICCOURSE
15、S AS VERY IMPORTANT“ PREPARATION FORGENERAL MANAGEMENTCourse U.S Asia ChinaOral Communication 79.5% 71.8% 8.6%Written Communication 78.0 69.7 8.0Computer/Information Systems 53.4 27.0 21.1Business Policy/Planning 47.5 48.2 14.1Finance 39.9 38.5 30.9Accounting 37.4 30.2 45.9Personnel/Industrial Relat
16、ions 36.0 36.1 37.7Marketing 36.9 402 20.2Business Economics/Public Policy 31.9 34.2 14.2Business Law 26.0 19.1 8.5Production/Operations 25.3 11.7 30.7Statistics 18 .1 10.8 16.9Advertising/Sales 14.5 10.3 22.4International Business 10.3 21.5 10.5Two most sophisticated oral work as assignments:No. 1:
17、 A Briefing to yourself;I am Gui Guoping, a native of Hubei, I am 57 years old. In 1953, I was born of teachers parents. In 1982, I graduated from Wuhan University, majoring in the English and American languages and literatures. After graduation, (personal, family and educational backgrounds)I have
18、worked for/ been with several employers. Currently, I am with the XXX, a state-owned enterprise(nature of the firm) engaged in manufacture of office equipment(line of business ). I am head of marketing department(position ) directly reporting to (under) CEO of our group company. I supervise a market
19、ing staff of 11(duties and responsibilities ). I want a change in employer because, in a state-owned business one is less likely to put what he has learnt into practice and to attain his career objective owing to its stiff mechanism (reason for job-hopping and aspiration). *-A Customized Briefing to
20、 A Student of Finance of Wuda:No.2: About our Wuhan University and our Dept. of Finance I am a junior student of Finance from Economics and Management School of Wuhan University. Wuhan University is one of Chinas most prestigious comprehensive universities directly under the Chinas Ministry of Educa
21、tion. It is one of the universities with the longest history in China. It is best known for humanity and social studies and above all, multi-disciplinary advantages. This means students of Wuhan University can make full use of such advantages by taking courses from other schools and departments Our
22、Department of Finance is one of the “Top Ten”in China. In addition to running programs from undergraduate up to post-doctorate, it is composed of Finance, Financial Engineering and Mathematical Finance.Nearly all faculty members have foreign experience, so we are in a position to keep abreast of the
23、 latest financial theories and methodologies in the world. Our department attaches importance to both quantitative approach and financial English. In fact financial English is one of our competitive edges. With Chinas accession to WTO and economic globalization, foreign financial institutions and pr
24、ofessionals are pouring into China. The competition in the job market has become increasingly fierce. In financial industry, the international business places a high premium on a professionals English. In order to enhance my comparative advantage over competitors, I have been attaching importance to
25、 studying of financial English. I hope I will be in a position to handle financial business in professional English.Lecture 2 Lets get down to the business. Style of teaching: skip over sth. And go into sth else.Part Three The Chinese Foreign Exchange System P.44 1. *-be in place 1.2. 到位2. *-introdu
26、ction of v.s introduction to sth. 3. *-current account 经常性项目帐户 as opposed to capital account 4. *-securities investment as opposed to capital investment. 5. *- lift vt. 取消6. *- set limit (ceiling/floor) on sth to (degree);The management of the bank decided to lift the ceiling to $1000 on monthly bon
27、us to key professionals. 7. under *- 1. (。项下 )2 .*- 根据 , v.s in accordance with (according to); 3.in light of * (接实际情况 ) in light of local conditions 因地制宜 v.s 4. on a basis; (接规则) The clerical staff shall be paid on a time basis while workers shall be paid on a piece basis. 8. *- be subject to 须经 9.
28、 *- launch of a product 推出产品10. *- (international ) balance of payments 国际收支 v.s revenues and expenses 11. *- at a dimension 在一个 层面12. *-affiliated to sth13. designate vt. Designated bank*-指定行 ; 14. *denominated in *-以 计值15. *- competitive edge16. *- voucher 1.凭单 2 代金券, 17. *- time/demand C/D (Certi
29、ficate of Deposit )18. securities * 证券19. *-municipal bonds/corporate bonds n20. *- entity 实体21. *-settlement v.s liquidation *- 22. be subject to sth. The feasibility study report is subject to the ratification (approval) by the board of directors.23. *- to open an account with a bank n. 24. *- res
30、erve requirements = required reserves .25. *- measure/weigh A against B. 26. *weighted 加权的27. *designate vt. *-designated bank 指定行28. *handling bank*- 经办行 *-handling capacity 29. *- issuing bank *-出票，开证行30. * advising bank*-31. *- negotiating bank*-议付行, negotiated price/contract, 32. *accepting bank
31、 *-承兑行;33. *-confirming bank *- 保兑行34. *- to open an account with a bank. 35. *-deposits with the PBC 36. *- go through procedures with 37. *- be registered with th XXX Business Administration.38. be filed with39. *- reserves v.s provisions 准备金 *- to put aside 15% of their net profits as provisions
32、for non-performing assets/loans.40. *- establishment n. company 41. *- working capital 流动资金42. *-perform a contract 履行合约， 43. *- performance n. 1.业绩 2.效益 3.性能 4*- 履约44. *- business performance v.s generate profits n 45. *- Performance Bond/Guarantee. 履约保函：根据投标人须知，承包商须递交一份以美元计值的，由指定行开出的履约保函。 46. *-on
33、 behalf of adv. Ladies and gentlemen, on behalf of the management of the bank, Id like to extend our most heart-felt welcome to you, our distinguished guests. Todays cession is to be presided over by Prof. Ye, Present at todays cession/meeting are 1.2.3.4.5.47. deal in. an exclusive dealer in Panaso
34、nic household appliances 48. margin *-. 1.边际 2.* 保证金 trade on margin *-/ marginal deposit 49. *- to open an account with the ABC50. *- deposits with the CBC. 51. *- advance = advance payment 预付款 v.s *-down payment 定金52. *-interim payment n. 工程进度款,53. *- interim certificates n 工程进度款付款凭证.54. FDI : WOS
35、 (Whole Owned Subsidiary 独资企业 )； joint venture 合资企业；contractual venture 合作、契约式企业；55. *-ceiling . 56. be registered with the Business Administration of Wuhan;57. be filed with the Labor Dept. 58. go through procedures with在。办理手续59. *- trade volume v.s turnover*- n. 1.营业额 2.人员流动 3 资金周转；60. *- register
36、ed capital 注册资本61. *- be in excess of sth. You are entitled to a luggage allowance of 25 kgs. For luggage in excess of 25 kgs, extra shall be charged at $10 per kg. 62. *- Proceeds n. proceeds Under this policy, only a listed firm is in the position to issue corporate bonds. The proceeds from issuin
37、g the bonds must be used to finance the capital improvement of the issuing firm. 63. *- remittance n.汇款单64. *- paid-in capital 实收资本65. *- L/C n.信用证 Letter of credit 66. * - off-balance-sheet business n. 表外业务；在经济全球化的今天，一个金融机构的竞争力在很大程度上可见于其表外业务能力。67. *- unless otherwise + PP (过去分词)68. external guarant
38、ees n.国际担保业务69. *- on-balance-sheet business 表内业务70. *- Bid Bond/Guarantee 投标保函71. *- Performance Bond/Guarantee 履约保函72. *- reserve requirements = required reserves 法定准备金73. in compliance with. 74. *- assets and liabilities 资产负债75. loan loss provision n. 76. *- surrender business n. 交单业务77. *- accep
39、tance 承兑78. P/D (payment against documents ) v.s A/D (acceptance against documents )79. *-COD n. (cash on delivery ) v.s *- on open account adv Since we are their established customer, we are in a position to obtain supplies from them on open account, the accounts shall be settled on a quarterly bas
40、is. 80. *- trade documents 贸易单据81. undertake vt. 从事（商业风险事业, 项目）；82. *- customs declaration 报关83. *-customs clearance n. 84. VI Capital Account Transaction 85. *- unless otherwise specified 除另有特殊规定之外，86. *- be subject to . 87. *- feasibility studies n.可行性研究88. *- review / bid reviewing ; reviewing bo
41、ard = jury ; 89. win up 90. *FDI = WOS (wholly owned subsidiary ) + Joint Venture + Contractual venture. 91. *- rent v.s lease v.s charter vt. 92. Our class went on an excursion to Mount Huang by a chartered bus. 93. *- finance vt. Fund vt. 94. *- provision 1.2.规定/办法 3*-provisions provision for non-
42、performing loans. s v.s reserves (required reserves 法定准备金 ) n95. real estate = realty v.s premises . 96. liabilities n. external liabilities97. claims and obligations 资产与负载；98. *- to pay a debt/ risk measurement corrective actions;120.*- inventory level. 121.*- ROI /anticipated rate of return on inv
43、estment. 122.5. Accounting Equation:123.arrive at 1.2.124.*- claims n. 1.2* claims and obligations.3.索赔*- to launch a claim against sb for sth. ; *- expenses claim sheet 报销单/报账单； *- to claims this amount back on expenses.*- 将这些款项报销回来； 125.*-偿还债务: to meet ones obligations to service a debt;126.*- pri
44、ncipal v.s stake *- 127.interest/gain/loss/return/profit/earning/revenue/income on sth. But proceeds from sth. 128.to pay in cash/with a check/on card; buy on credit project item48. *-评估：evaluate v .s assess v.s appraise vt49. *- performance evaluation/appraisal/assessment 绩效考核、评估;50. *claims and obligations;51. *- assets and liabilities
