MBA Online

MFIN7009
Financial Engineering
7
Zhang, Jin
General Information
Financial engineering is the design, development, and implementation of innovative financial products and of financial processes in the major market segments of currency, interest rates, equities, and commodities, for trading, investment, hedging, and risk management, using methods developed in finance, economics, mathematics, physics, and computational science. Potential topics include, but are not limited to, credit risk derivatives, insurance derivatives, exotic derivatives, volatility calibration, implementation of trading systems using Reuters, and advanced term structural models.
Extra Information
Prerequisite:

Mathematical Techniques of Finance I

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.

The other half of the course will focus on hedge funds. Hedge funds and related investments are an integral part of the growing field of alternative investments. We attempt to understand the hedge fund industry, prime brokerage services and some of the recent developments. A considerable part of the course will be devoted to hedge fund strategies, such as convertible arbitrage, merger arbitrage, fixed income trading, and equity long/short strategies, to help us acquire an insight into these strategies and their concomitant risks. Case studies of some hedge funds that suffered large losses are included to illustrate potential pitfalls in the risk management of hedge funds. The role of fund of hedge funds and structured products on hedge funds will be discussed in the context of hedge fund investments.

ECON3802 Dissertation

Semester : 1+2
For Student of Year : 3

Lecturer : Staff General Information
Candidates may write a dissertation under the supervision of faculty members of the School of Economics and Finance. Topics offered may vary from year to year, depending on the research interests of the lecturer. A satisfactory dissertation may be offered in lieu of two written papers in the Examination.

Candidates must submit the title and an outline of their dissertation for approval by the Director of the School of Economics and Finance not later than December 1 of the final year of the curriculum, and the dissertation, which should not exceed 20,000 words in length, shall be completed and presented not later than May 31 of that academic year. (Note: The course extends over two semesters. Candidates must enroll in the first semester.)

Extra Information

Prerequisite: Cumulative GPA of 3.0 or above at the time of enrolment
Remarks: Open only to BEcon/BEcon&Fin students and students major in Economics.

FB2908 Sports for All - Squash

Course Aims & Objectives:
The aims of this course are to promote students’ interest in playing squash as a life-long pursuit, to encourage attainment and appreciation of good performance standards in squash and to promote health and fitness. Upon completion of the course, students should be able to:
acquire the basic skills of squash
apply the learnt skills in competitive situation
demonstrate knowledge of the rules, scoring as well as officiating
improve the students’ state of health & fitness through the game of squash
demonstrate good sportsmanship and co-operation
develop an appreciation of the game

Units: 1

Level: B2

Medium of Instruction: English

Keyword Syllabus:
General knowledge on the game of squash, e.g. safety precaution, rules and regulation, equipment and court dimension, terminology and proper attire. Basic squash skills like grip, swing, service, forehand and backhand strokes. Footwork movements related to basic strokes. Tactics in playing squash. Rules and regulations for officiating squash.

Teaching Pattern:
Duration of course: 1 semester
Current mix of lecture/tutorial/laboratory, other: Practice Skills, Theory, Tutorial

Assessment Pattern:
Examination duration: Nil
Percentage distribution of marks for coursework, examination, other: 20% Coursework; 80% Practical Assessment; Attendance not less than 80%
Grading pattern: Pass/Fail

FB2906 Sports for All - Volleyball

Course Aims & Objectives:
The aims of this course are to promote students’ interest in playing volleyball as a life-long pursuit, to encourage attainment and appreciation of good performance standards in volleyball and to promote health and fitness. Upon completion of the course, students should be able to:
develop the basic skills of volleyball
apply the basic rules and method of refereeing and scoring
demonstrate good sportsmanship and co-operation
develop an appreciation of the game
develop an active/lifestyle and enhance health & fitness through regularly participating in volleyball games

Units: 1

Level: B2

Medium of Instruction: English

Keyword Syllabus:
General knowledge on the game of volleyball, e.g. safety measures, facility and equipment and terminology. Basic fundamental volleyball skills such as footwork, stance and ball senses. Application of volleyball basic skills of passing, serving, spiking and blocking. Basic offensive and defensive formations. Application of simple offensive and defensive tactics in game situation. General hand signals for refereeing. Rules and regulations for umpiring a game of volleyball.

Teaching Pattern:
Duration of course: 1 semester
Current mix of lecture/tutorial/laboratory, other: Practice Skills, Theory, Tutorial

Assessment Pattern:
Examination duration: Nil
Percentage distribution of marks for coursework, examination, other: 20% Coursework; 80% Practical Assessment; Attendance not less than 80%
Grading pattern: Pass/Fail

University of Guam

BBA Foundation Component

Students are required to complete fifty-one (51) semester credit hours selected from the BBA Foundation. These courses are fundamental to understanding the commercial world and developing sound business skills.

BBA Foundation courses are to be taken in each of a student’s four years at the University. Courses beginning with the number 1 are suggested for freshmen (e.g. BA110); 2 for sophomores (e.g. BA260); 3 for juniors (e.g. BA320); and 4 for seniors (e.g. BA440). During the senior year after having completed most of the General Education and Foundation coursework, students take courses that challenge the fundamental concepts learned. BA441 Operations Management, BA481 Practical Applications in Small Business / Entrepreneurship or BA482 Business / Research Internship, students prepare for the practice of business. They work on projects, meet practicing professionals, and enhance their understanding of how organizations operate. In the capstone BA480 Business Strategy and Policy, students examine business problems from a general management perspective, use and integrate concepts form different functional perspectives, develop strategy, make strategic decisions, and analyze the factors that affect the ability of a business to execute its strategy.

The School intends that its students achieve the following learning outcomes from the BBA Foundation Component. Successful students will:
Understand the management process, the profit motive, and how firms operate and compete
Apply fundamental concepts and techniques from the functional areas of accounting, economics, finance, information technology, marketing and management to island, national and global business environments
Know how to deploy and manage diverse resources using a variety of management processes
Know how legal, regulatory and political environments affect business decisions
Solve business problems using case analysis, statistics and functional principles
Effectively use teamwork, leadership, and written and oral communication skills in business situations
Recognize ethical issues and develop socially responsible resolutions
Solve business problems in real-world situations to the satisfaction of practicing managers
Integrate fundamental concepts in developing strategic plans and making general management decisions
Observe and network with business managers and professionals.

BBA Foundation required coursework
Principles of Financial Accounting
BA201 Principles of Managerial Accounting
Basic Statistics for Business and Economics
BA240 Management of Organizations
BA260 Fundamentals of Marketing
PA233 Impact of Government Regulatory Admin
BA310 Applied Statistics for Business Decisions
BA320 Basic Business Finance
BA330 Info. Technology and Networks for Business
BA340 Human Resource Management
BA333 Mgmt. Info. Systems OR
BA380 E-Business
BA252 International Tourism OR
BA341 International Business Environment OR
BA420 International Corporate Finance OR
BA460 International Marketing varies with course
LW442 Business Law 1
BA440 Organizational Behavior
BA240, SO101 / PY101
PA405 Ethics in the Professions

University of Guam

General Education Component

Students are required to complete fifty-five (55) semester credit hours selected from the University’s General Education Requirements, as found in the Undergraduate Catalog.

The General Education philosophy states, “While courses in one’s major field prepare a student for success in a chosen profession, the General Education program helps prepare one for success in life.” These courses are important to the BBA degree program, particularly in the areas of essential skills, global and regional studies, modern language and the diversity of society. When all BBA degree program components are taken into consideration, approximately fifty percent (50%) are from non-business coursework.

While there are many choices among the General Education courses offered, it is strongly recommended that BBA students include the following courses during their first year of study (note: BA130 and BA110 are prerequisites to several required BBA Foundation courses):
Suggested General Education Courses
BA110
Freshman Composition
Freshman Composition
Fundamentals of Communications
Finite Mathematics
Intro. to Computer Operations
Principles of Economics
English Writing
English Writing
Communications
Mathematics
Statistics/ Computer
Individual & Society

The School intends that its students achieve the following learning outcomes from the General Education Component. Successful students will:
Complete the General Education Program, an important step toward a well-rounded education
Demonstrate essential skills sufficient to communicate clearly and effectively, use information technology for business purposes, and apply conceptual reasoning and quantitative analysis
Understand diversity, as displayed by the knowledge of other languages, cultures and regions. Know the political, social and economic environments in which businesses operate
Take subjects that will contribute to life-long learning in their personal lives and careers.

University of Guam

The mission of the School of Business and Public Administration (SBPA) is:
To excel as the regional center for education and development of professionals and leaders for business and government, entrepreneurial managers and socially responsible leaders.
To serve as a community resource for research, service and the dissemination of knowledge to individuals and organizations within the region.

The SBPA missions relates to the University of Guam mission. As a land-grant institution, the University provides programs and outreach opportunities that integrate SBPA and its students into the fabric of the community and the development of regional economies. The liberal arts setting and General Education requirements of the University are integral to SBPA professional degree programs and curricula.

In its mission commitment to teaching, service and research, SBPA is dedicated to the success of its students by providing quality bachelor’s and master’s degree programs in business administration, criminal justice and public administration with concentration appropriate to the region.

The School is a repository of knowledge for economic and business issues, where scholarship and service support and enhance its educational programs. The School encourages faculty and students to undertake applied research and provide community and university services for the benefit of business and public agencies in the region. The School plays an important role in providing needed services to the community and university through small business development, conferences, seminars, and professional consulting to business and government.
The School espouses the following core values that relate to its mission, its students and its vision of the future:

Academic quality: Critical thinking supported by strong fundamental skills
Cultural diversity

Social responsibility: currency and excellence in thought and action
Lifelong learning and growth

Strong work ethic: teamwork, hard work, dedication and continuous improvement
Social and economic development of Guam and the Western Pacific region
Graduates who can compete globally, think strategically and respond to change.

Accreditation

The School of Business and Public Administration’s business programs have been granted full accreditation by the International Association for Collegiate Business Education (IACBE).

International MBA program (IMBA) is a 2 years fulltime program, including 1.5 years fulltime study and half year for dissertation.

China Leaders for Manufacturing (CLFM) is 2.5 years fulltime program..

General Chinese MBA program has both fulltime (2 years) and parttime (2.5 years).