Faculty of Business and Accountancy University of Malaya
Faculty : Business and Accountancy
Department :
Programme of Study :
Course Code :
Course Title :
Credit Hours :
Course Prerequisite(s) / None
Minimum Requirement(s) :
Learning Outcomes :
Faculty of Business and Accountancy University of Malaya
: Finance and Banking
Programme of Study : Bachelor of Business Administration
Course Code : CBEB 2102
Course Title : Financial Management
Credit Hours : 3
Course Prerequisite(s) / None
Minimum Requirement(s) :
Learning Outcomes : At the end of this course, students should be able to :
1. Identify the principles and basic techniques of finance.
2. Describe the various types of financial instruments, roles and functions
of financial markets and relevant regulators in the country.
3. Distinguish and apply the concept of time value of money.
4. Analyze the factors that determine a company’s need for external
financing, be it debt or equity using appropriate financial ratios.
5. Examine the decisions that affect current assets and current liabilities
and the impact of these decisions on firm’s value.
6. Evaluate tools needed for valuing investment projects, including the
determination of the relevant cash flows and the appropriate discount
rate.
Synopsis of Course Contents : This course discusses the various financial tools employed to effectively
manage e a company’s financial condition. Other topics discussed are
financial statement and analysis, time value of money, bonds and stocks,
capital budgeting and its techniques and short-term working capital
management.
Assessment : Continuous Assessment : 50%
Final Examination : 50%
ICS , Graduate School of International Corporate Strategy
[Term 2] Strategy Simulation Week (2008/Term 1&2 (Fall&Winter))
To wrap up the first year, you will be working as part of top management team running a company in StratSim, a web-based, interactive simulation program that extends across multiple business functions, ranging from strategy, to marketing, to operations and human resources, and to accounting and finance. Your team will be competing against other teams in the rapidly changing automobile industry, where customer needs evolve, new products are introduced, and economic environment changes. Teams compete directly against each other, with the results being impacted by how the competitors interact, what new products are introduced, and how the strategic investments are financed.
In this six-day intensive program, you will work as one of the board members of a 3-4 person firm and make a total of 10 rounds of decisions, which is equivalent to 10 simulated years worth of managing your own company. You will also be asked to make two presentations – half-time and final presentations – to reflect on and share your learning with other teams. The tentative schedule is as follows:
Monday
Feb 23
9:00 Introduction
13:00 Decision #1
18:00 Decision #2
Tuesday
Feb 24
9:00 Decision #3
13:00 Decision #4
18:00 Decision #5
Wednesday
Feb 25
13:00-16:00 Half-Time Presentation
Thursday
Feb 26
13:00 Decision #6
18:00 Decision #7
Friday
Feb 27
9:00 Decision #8
13:00 Decision #9
18:00 Decision #10
Saturday
Feb 28
13:00-16:00 Final Presentation
The program has been consistently voted by students in the past years as one of the “most memorable” learning experiences at ICS. Offered at the very end of the first year, it provides you with an opportunity to integrate everything you have learned throughout the year and also the very last chance to learn from each other by collaborating and competing with your classmates.
The registration costs $39.95 per student for software licensing and a copy of the StratSim manual. Further specifics will be explained in the information session in Term 2. (You are also encouraged to visit.)
ICS , Graduate School of International Corporate Strategy
[Term 2] Accounting & Business Valuation (K. Koga) (2008/Term 1&2 (Fall&Winter))
This course is aimed at MBA candidates who expect at some point in their careers to use financial statements to evaluate the performance of a company and the value of a business. The objective of the course is to provide hands-on experience in financial statement analysis. By the end of the course, you will be able to read firms’ financial statements and also understand how a financial statement can be used to do “fundamental analysis” and equity valuation.
How can we translate “sustainable competitive advantage” into accounting numbers? How about the concepts of “cost leadership” and “core competence”? The course focus is not on the details of accounting rules, but on interpreting strategy from profitability, efficiency, financial health, stability, and so on.
Course Structure
In this course students will be exposed to a comprehensive financial statement analysis and valuation framework that integrates accounting, financial analysis, and valuation.
The first half of the course develops financial statement analysis and an accounting-based valuation framework that integrates accounting numbers and corporate strategy. This will help students understand how strategy is reflected in financial numbers.
In the second half of the course, the fundamental analysis framework will be applied in a variety of business contexts, such as the following:
(1) Valuation of diversification strategy
(2) Valuation of M&A and divestiture
(3) Financial reporting strategy
(4) Financial policies, such as stock repurchase and dividend policy
Teaching Method
The early part of the course will be slide oriented with accounting data. From the midpoint, some cases will be used. Students are expected to analyze financial statement information and prepare case studies thoroughly.
ICS , Graduate School of International Corporate Strateg
The Graduate School of International Corporate Strategy (ICS) offers students the opportunity to earn an MBA degree in International Business Strategy at Hitotsubashi University. In order to meet the requirements of an MBA degree, students must take a minimum of 66 credits during the First Year. This requirement applies to students in both the One-Year Program and the Two-Year Program at Hitotsubashi ICS.
Course work in the MBA program consists of two-credit or four-credit courses. Individual classes are 120 minutes in duration. Therefore, typically, a two-credit course is a four-month-long course that meets once a week for 2.0 hours per week, or a two-month-long course that meets twice a week for 4.0 hours per week. A four-credit course is typically a four-month-long course that meets twice a week for 4.0 hours per week. Classes are scheduled in three or four time slots: once in the morning (9:45 am start) during Term 1, and twice in the morning (8:30 am start) during Term 2 (Winter), Term 3 (Spring), and Term 4 (Summer), and twice in the afternoon during all the terms.
Students in the Two-Year Program have the option of custom-building their second year curriculum, which is basically comprised of activities that apply what they have learned in the First Year to the real world. They consult with faculty members in choosing from a wide array of options, such as participating in a company internship program, spending a semester overseas in a student exchange program, developing a business plan for starting up a new venture, conducting an individual research project, or searching for post-MBA job opportunities.
For detailed information on admission procedures to the MBA Program at Hitotsubashi ICS, including all submission deadlines, please download the Application Package by clicking the link below (PDF format):
MFIN7002A
Fundamentals of Asset Valuation II
5
Chan, Alex W. H.
General Information
Asset valuation is the core skills of financial analysts and asset managers. This course covers fundamental asset valuation concepts and techniques in three major areas: basic quantitative methods and portfolio management, asset pricing models and alternative investments. Essential elements in portfolio management are the risk and return tradeoff, efficient frontier development, and the optimal portfolio choice. Asset pricing models of the CAPM (Capital Asset Pricing Model) and APT (Arbitrage Pricing Theory) will be discussed. Alternative investments cover topics for hedge funds and investment company management.
MFIN7002B
Fundamentals of Asset Valuation II
5
Chan, Alex W. H.
General Information
Asset valuation is the core skills of financial analysts and asset managers. This course covers fundamental asset valuation concepts and techniques in three major areas: basic quantitative methods and portfolio management, asset pricing models and alternative investments. Essential elements in portfolio management are the risk and return tradeoff, efficient frontier development, and the optimal portfolio choice. Asset pricing models of the CAPM (Capital Asset Pricing Model) and APT (Arbitrage Pricing Theory) will be discussed. Alternative investments cover topics for hedge funds and investment company management.
Managerial Accounting
Focusing on the relevance and use of accounting information for management decision making, this course presents alternative tools for planning, control and evaluation of a company’s operations and resources. Topics such as budgeting, product costing, performance evaluation and transfer pricing, with an emphasis on related incentive, multinational and tax considerations are discussed.
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.
FINA1002 A Introduction to finance
Semester : 2
For Student of Year : 1
An introduction about the basic aspects of financial management: managing the company’s sources and uses of funds as well as a general understanding of the key issues involving the raising and using of long term funds. There will be extensive use of a spreadsheet software (Excel) in lectures and its use is also expected in homework assignments. After finishing the course, students should have a basic knowledge of financial statements and cash flows, an understanding of the major securities used in the financing of companies. They would also be conversant with fundamental financial techniques like compounding, discounting and capital budgeting and be able to apply them for personal financing decisions.
Extra Information
Remarks: (1) It is advisable to take BUSI1002 Introduction to accounting prior to this course.
(2) Not open to students admitted to 1st year of study in the Faculty of Business and Economics in 2006-07 or after (including BEcon, BFin, BEcon&Fin and business students).
(3) Students admitted to 1st year of study in 2006-07 or after majoring or minoring in finance are required to take FINA1003 Corporate Finance.
Mutually exclusive course: BUSI0016 Introduction to finance and FINA1003 Corporate finance
Merger And Acquisition (EKM 3210)
This course introduces students to merger and acquisition activities. These activities can be viewed as the distribution of surplus fund among different investment alternatives. As an alternative to acquisitions, a company can grow internally. In particular, this course examines a systematic treatment of growing strategy and other related topics. The course objectives are to introduce students to mergers & acquisitions, to equip students with the concepts and tools to conduct merger and acquisition analysis, and to gain a feel of ‘hands on’ experience using case analysis in the subject of merger and acquisition.