FINA0303 A Case studies in corporate finance A
Semester : 1
For Student of Year : 2&3
This course is structured around the most important financial decisions made at firm level in an uncertain environment. For examples: what capital structure to adopt (financing decision); how to value a firm or investment project (investment/valuation decision); how to raise capital in the equity market (IPO decision); what mechanisms to put in place to discipline manager and the largest shareholder (corporate governance decision); whether to return cash and how to return cash to investors (dividend/share repurchase decision); and whether a firm should engage in mergers and acquisitions (M&A) activities and how to do an M&A right (M&A decision). This course exposes students to some of the most fundamental issues in corporate finance today as well as some of the most important advances in corporate finance of the last decade. It will offer students an opportunity to understand how the concepts and theories of corporate finance are applied in real world and generate lasting impact on firm values, a driving issue faced and constantly asked by CFOs and CEOs. This course will be taught using a case-oriented approach.
Tags: A Case studies in corporate finance A, approach, case, Courses, decade, decision, environment, equity, Faculty of Economics, FINA, finance, Financing, firm, Governance, Hong Kong, issue, manager, Market, opportunity, repurchase, semester, shareholder, student, university, University of Hong Kong, valuation, world
Category : University of Hong Kong
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FINA0303 B Case studies in corporate finance B
Semester : 2
For Student of Year : 2&3
Lecturer : Liu, Qiao
This course is structured around the most important financial decisions made at firm level in an uncertain environment. For examples: what capital structure to adopt (financing decision); how to value a firm or investment project (investment/valuation decision); how to raise capital in the equity market (IPO decision); what mechanisms to put in place to discipline manager and the largest shareholder (corporate governance decision); whether to return cash and how to return cash to investors (dividend/share repurchase decision); and whether a firm should
The University of Hong Kong
ECON0003 Great economists of our time
ECON0103 The economics of human resources
ECON0104 Public finance
ECON0106 Games and decision
ECON0107 History of economic thought
ECON0207 Monetary economics
ECON0302 International finance
ECON0402 Industrial organisation
ECON0501 Economic development
ECON0601 Economic development of China
ECON0602 Foreign trade and investment in China
ECON0703 Mathematical economics
ECON0707 Economic forecasting
ECON1001A.B Introduction to economics I
ECON1001C.D Introduction to economics I
ECON1001E.F.G Introduction to economics I
ECON1001H.I Introduction to economics I
ECON1002A.B Introduction to economics II
ECON2114 Macroeconomic analysis
FINA0104 Management of commercial banks
FINA0106 Insurance: theory & practice
FINA0301 C.D Derivatives
FINA0301A.B Derivatives
FINA0303 A Case studies in corporate finance A
FINA1003 A.B Corporate finance
FINA2802A Investments and Portfolio analysis
FINA2802B.C.D. Investments and portfolio analysis
FINA3806 Risk management
ECON0701 Introductory econometrics
ECON2101 Microeconomic theory
ECON2102 Macroeconomic theory
ECON3801 Reading course
FINA0304 Advanced Corporate Finance
FINA0501 Asian financial institutions
FINA0804 Fixed income securities
FINA3601 Reading course
ECON3802 Dissertation
FINA3602 Dissertation
ECON0109 Topics in macroeconomics
ECON0210 Investment, technology, and economic growth
ECON0301 Theory of international trade
ECON0503 Urban economics
ECON0504 Transportation economics
ECON0603 The economic system of Hong Kong
ECON0605 Economic history of
FINA0304 Advanced Corporate Finance
Semester : 1 & 2
For Student of Year : 2&3
The objective of this course is to introduce the theoretical literature on the microeconomics of corporate finance in a unified framework. Topics covered include: corporate financing and agency costs, corporate financing under asymmetric information, liquidity and risk management, corporate finance and product markets, passive and active monitoring in corporate finance, lending relationship and investor activism, control rights and corporate governance, and takeovers. Subtle elements of information and agency considerations are emphasized.
Extra Information
Pre-requisite: FINA1003 Corporate finance
Mutually exclusive course: FINA0302 Theories of
Corporate Finance
An introductory finance course designed to give you the tools necessary to value a company by projecting its free cash flow and discounting it at an appropriate rate. It shows you how to use ratio analysis to assess corporate performance, and project financial statements and cash needs.
FINA3806 Risk management
Semester : 1
For Student of Year : 2 & 3
This course introduces students to the techniques for corporate financial risk management. Topics include identification and measurement of financial risk, risk management with different financial instruments, such as forwards, futures, options, and other innovations, and some cases studies about applications of risk management.
Extra Information
Prerequisite: FINA0301 Derivative securities or FINA0301 Derivatives; and FINA0302 Theories of corporate finance or FINA0304 Advanced corporate Finance; and FINA2802 Investments and portfolio analysis
HKU's MBA degree is rated as one of the finest in the Asia region. It is a highly integrated programme that emphasises the challenges facing business in a globalising Asia. It offers an interactive learning environment and provides quality teaching by experts skilled at integrating cutting-edge theoretical knowledge with practical applications. The programme features four critical themes - strategy for doing business in China and the region; accounting, financial control and corporate governance; information technology and e-business transformation; and managing people and change. Offered in cooperation with Fudan University in Shanghai the MBA programme has received critical acclaim and is
FINA0805 Real estate finance
Semester : 2
For Student of Year : 2 & 3
An introduction to real estate economics, mortgage market, real estate auctions in Hong Kong, pre-sale market in Hong Kong, pricing of land and residential/commercial properties, mortgage-backed securities and mortgage company.
ECON6033
Corporate Finance
General Information
This course focuses on financial decisions in the modern corporation. The basic topics to be covered include: capital budgeting, cost of capital, capital structure, dividend policy, public offerings, and incentives and contacting problems. There will also be some treatment of mergers and acquisitions, and corporate governance. The course objective is to integrate these various topics into standard theories of risk and return, and the valuation of assets in order to provide a theoretical framework for considering corporate finance problems and issues, with an understanding of how it applies to the real world.
ECON6035
Political Economy of Economic Policy
General Information
This course studies the relationship between the state and the market economy, especially highlighting the costs and benefits of economic policy interventions. Topics include: the economic value of the rule of law, property rights and institutional change, promoting competition and regulating markets, rules versus discretion in monetary, fiscal and exchange rate policy, and regionalism versus federalism. Selected case materials based on historical and contemporary examples will be used in classroom discussions, including international examples with emphasis on Hong Kong, China and Asia.
ECON6036
MFIN7015
Behaviour Finance
Lin, Tao
General Information
Traditional finance theories encounter increasing difficulties in explaining intertemporal and cross sectional securities returns. Half of the course will focus on behavioral finance which introduces cognitive biases, limited information processing, and costly arbitrage to examine the micro dynamics of price discovery and the implications on corporate financing. It offers an introduction to the emerging behavioral finance studies. Topics covered include the efficient market hypothesis (EMH), financial anomalies, non-fundamental risk, limited arbitrage, cognitive biases, non-expected utilities, and behavioral corporate finance. Emphasis is given on how emerging rational behavioral theories can and cannot explain documented evidence.
FB2801 Experiencing Hong Kong
Course Aims & Objectives:
The aims of this course are to enhance students understanding of the formation of cultures and subcultures; awareness of the formation of Hong Kong culture and it's subcultures. Upon completion of the course, students should have gained:
First hand experiences of different aspects of Hong Kong culture
Insights on the development of Hong Kong's many subcultures, and how they affect the livelihood of Hong Kong people
Perception of the cultural development of Hong Kong in the future
Units: 1
Level: A/B
Keyword Syllabus:
Concepts and definitions of culture and the making of Hong Kong culture. The power of media in the
ECON0603 The economic system of Hong Kong
Semester : 2
For Student of Year : 2 & 3
The course provides a comprehensive discussion of the salient aspects of the Hong Kong economy. Topics include Hong Kong's national income accounting and economic development, the monetary system and exchange rate regime, the financial system, public finance and fiscal policy, external trade and foreign investment, economic relations with the Mainland, the labour market and employment, the property market and housing policy, regulation of public utilities and competition policy, industrial development and policy, and income distribution. Emphasis will be given to both economic analysis and institutional
FINA0003 Current Asian finance: issues, ideas and practices
Semester : 2
For Student of Year : 1
Lecturer : Liu, Qiao
This course aims to provide students with an understanding of the most important issues in Asian financial markets, develop their interests and knowledge in areas related to business and finance in Asia (with a focus on Hong Kong), and give them hands-on experience in writing reports and presenting analytical results.
Extra Information
Remarks: Open only to students of the Faculty of Business and Economics.
Faculty of Business and Economics at The University of Hong Kong
ECON0302 International finance
Semester : 1
For Student of Year : 2 & 3
The course is an introduction to an evolving and growing literature on international finance. Topics covered in the course include the international monetary system, the concept of balance of payments, theories of balance of payments, parity conditions, models of exchange rate determination, forward-looking market instruments (forward, futures, and options markets), Eurocurrency markets, and financial crises.
Undergraduates
Our students now can choose from an unusually rich set of cross-disciplinary studies offered by both institutions. The School of Business equips students with the vision and practical tools necessary to become successful business leaders in Hong Kong, Greater China and in the region. The School of Economics and Finance provides strong grounding in both theoretical and applied aspects of economics, allowing students to analyse how business and policy decisions are made in a dynamic world.
The combined innovative curriculum offerings include the first officially recognised MBA (International) rogramme delivered in Shanghai from Hong Kong. Other specialised degrees in economics and