MBA Online

Faculty of Business and Accountancy University of Malaya

Faculty : Business and Accountancy
Department : Finance and Banking
Programme of Study : Bachelor of Accounting
Course Code : CFEA2123
Course Title : Managerial Finance
Credit Hours : 3
Course Pre-requisite(s) /
Minimum Requirement(s) : None
Learning Outcomes : At the end of this course, students should be able to:
1. Describe the various types of financial instruments, roles and functions
of financial markets and relevant regulators in the country.
2. Identify the principles and basic techniques of managerial finance such
as time value of money, financial ratio analysis, capital structure, capital
budgeting and working capital management including their strengths
and weaknesses
3. Analyze factors that determine a company’s need for external financing,
be it debt or equity, and the determination of optimal capital structure.
4. Examine decisions that affect working capital management and their
impact on firm’s value
5. Evaluate tools needed for valuing investment projects, including
determination of the relevant cash flows and the appropriate discount
rate.
Synopsis of Course Contents : Throughout this course students will be exposed to various financial tools,
financial markets, financial theories and financial management techniques
that can be used to manage firm’s finance and financial decision more
effectively.
Assessment : Continuous Assessment: 40%
Final Examination : 60%

Faculty of Business and Accountancy University of Malaya

Faculty : Business and Accountancy
Department : Finance and Banking
Programme of Study : Bachelor of Business Administration
Bachelor of Accounting
Course Code : CBEB1108
Course Title : Managerial Economics II
Credit Hours : 3
Course Pre-requisite(s) /
Minimum Requirement(s) : None
Learning Outcomes : At the end this course, students should be able to:
1. Identify the discipline of macroeconomics and, using an approach
combining theory, graphs and practical applications
2. Identify the basic principles of macroeconomics such as the
relationship between economic sectors and the workings of the overall
economy using Malaysian examples
3. Explain how the government uses various policies such fiscal or
monetary in solving economic problems of the nation
4. Apply basic models of income determination for an open and closed
economy, and theories explaining the relationship between government
expenditure and taxes
5. Analyze macroeconomics concepts such as growth, unemployment,
inflation, and be able to explain the ways in which the federal
government and the central bank can influence the economy and the
markets through fiscal and monetary policies.
6. Determine the factors that affect government’s fiscal and monetary
policies as well as the differences between Classical and Keynesian
approaches
Synopsis of Course Contents : This course will expose students to macroeconomic issues and problems
and concepts of basic measurements and calculation of a country’s
economic progress. Students will also be exposed to basic models of
income determination for an open and closed economy, and theories
explaining the relationship between government expenditure and taxes.
Assessment : Continuous Assessment: 50%
Final Examination : 50%

Managerial Accounting
This course introduces students to the evolving role of managerial accounting in modern business environments. The course highlights the informational need of managers in planning, controlling and decision making. The course will enable students to become proficient in structuring real world business problems systematically and solve them by applying managerial accounting concepts and techniques. The topics include :
(1) Fundamentals of product costing
(2) Activity-based costing and management
(3) Financial modeling - Break-even point and target profit
(4) Differential cost analysis - Pricing, production, and investment decisions
(5) Profit planning/ budgeting and analysis of cost variances
(6) Divisional performance evaluation and transfer pricing

Corporate Finance
The objective of this course is to provide a thorough introduction to the fundamental principles of asset valuation and financing in competitive financial markets. The course examines the important issues in corporate finance from a perspective of financial managers who need to make significant investment and financing decisions. We start with the NPV rule, which leads us to the valuation of debt and equity. We then investigate the efficient market hypothesis and examine the Capital Asset Pricing Model (CAPM) and the portfolio theories in such a market. We also learn to use the NPV rule to justify capital investment decisions. Option pricing will be the last step in our venture into the world of corporate finance. While this course is not designed to teach an abstract mathematical theory of modern financial economics, a basic theoretical understanding of various topics is essential to competent analysis and intellectual discussion. Furthermore, in examining issues in portfolio diversification, knowledge of basic statistics and spreadsheets will be essential and assumed. Prerequisite: Statistics. Co-requisite: Financial Accounting and/or Managerial Economics.

MFIN7010
Mergers & Acquisitions
Liu, Qiao
General Information
This course is structured based on some of the most commonly discussed and applied issues in mergers and aquisitions. It intends to offer the students an opportunity to study the M&A process, understand different ways of valuing a target, explore how different valuation implications affect potential deal structures, and find the driving forces behind the winning M&A strategies. Meanwile, it covers various aspects of the academic research on M&A.
Topics covered include, but not limited to, overview of M&A, M&A winning strategies, M&A process, valuation, synergies, M&A mechanics and implications, M&A theory and empirical evidence, corporate governance, ownership restructuing and etc. Case examples from varous industries and countries will be prominently discussed.
Extra Information
Equivalent to MFIN6004 Managerial Finance

4 Success Skills Courses:

1. Business Communications (half course)
2. Business Law and Ethics (full course)
3. Creativity and Business Innovation (full course)
4. Leadership (half course)

9 Core Knowledge Courses:

1. Accounting for Business Decisions
2. Managerial Economics
3. Decision and Risk Analysis
4. Corporate Finance
5. Organisational Behaviour
6. Strategic Marketing Management
7. Strategic Information Systems
8. Competitive Strategy
9. Global Economy

Any 6 electives

Apart from those listed on our MBA website under ‘courses offered’ the following are the new electives to be offered in 2008/09:

‧ China Business Environment
‧ Doing Business in China
‧ Investment
‧ Multinational Corporations
‧ Strategies in Uncertainty and Change Management in China

Total no. of courses: 18 full courses

Course Exemption and Advanced Standing

‘Exemption and advanced standing of up to four courses may be granted if a candidate can produce evidence, such as transcript and course syllabus, that a course is equivalent in content to another course elsewhere for which a satisfactory grade has been obtained or is holding relevant professional qualifications. Unless explicit approval is given, no credits will be given for the exempted courses or advanced standing granted. Candidates will be required to take alternative courses in lieu of the exempted courses. Please contact the MBA Programme Management Office for details upon application.’

4 Success Skills Courses:
Business Communications (half course)
Business Law and Ethics (full course)
Creativity and Business Innovation (full course)
Leadership (half course)

9 Core Knowledge Courses:
Accounting for Business Decisions
Managerial Economics
Decision and Risk Analysis
Corporate Finance
Organisational Behaviour
Strategic Marketing Management
Strategic Information Systems
Competitive Strategy
Global Economy

Electives :

Any six electives under the following five categories, with two electives to be taken at HKU and four electives at CBS/ LBS (Students in the China Focus Stream will take all six electives in Hong Kong and/ or Shanghai):
China and the Global Economy
Entrepreneurship and Innovation
Finance
Services and Marketing Management
Technology and Operations Management

Apart from those listed on our MBA website under ‘courses offered’, the following courses are new electives to be offered in 2008/09:
China Business Environment
Doing Business in China
Investment
Multinational Corporations
Strategies in Uncertainty and Change Management in China

1 Capstone Project

Throughout their course of studies in the China concentration, our full-time MBA students are required to form teams and solicit short-term ‘capstone’ projects with business organisations and enterprises in Hong Kong, China, and even throughout the region. Under the supervision and with the advice of the Faculty, students can integrate theories and technical knowledge gained in the classroom with their practical applications in real-world business environments. The capstone project is expected to begin in spring every year and will be completed by August as a graduation requirement. In previous years, HKU MBA students have successfully completed projects with Nike, Financial Times, Mercedes Benz, Samsung, Maxim’s Group, etc.

Total no. of courses: 18 full courses

Course Exemption and Advanced Standing

‘Exemption and advanced standing of up to four courses may be granted if a candidate can produce evidence, such as transcript and course syllabus, that a course is equivalent in content to another course elsewhere for which a satisfactory grade has been obtained or is holding relevant professional qualifications. Unless explicit approval is given, no credits will be given for the exempted courses or advanced standing granted. Candidates will be required to take alternative courses in lieu of the exempted courses. Please contact the MBA Programme Management Office for details upon application.’

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Managerial Negotiations
When managing human resources in an organisation, many outcomes and decisions are determined by the process of negotiation. This course uses actual negotiating experiences to enhance your skills as a negotiator. Concepts developed in the behavioural sciences, economics and game theory are used as guides to improve your negotiating.

Managerial Statistics
Introducing basic concepts in probability and statistics relevant to managerial decision making, this course covers topics including data analysis, random variables and probability distributions, sampling distributions, interval estimation, hypothesis testing and regression. You look at examples from quality-control applications, finance, marketing and management.

Advanced electives comprise over 40% of the curriculum and help students develop expertise in specialized areas. Over 50 different electives are available every academic year. Courses offered in a particular year will depend on program requirements and faculty schedules.

Below are samples of electives offered in recent years:
Accounting Corporate Financial Reporting
Financial Statement Analysis

Economics China’s Economic Development and Reform
China’s External Relations and their Economic Impact
China’s Industry Analysis
Competitive Strategy
Global Macroeconomics
Politics and Socioeconomic Environment of China

Finance Advanced Derivatives Analysis
Derivatives Analysis
Equity Investment Management
Fixed Income Analysis
Hedge Funds
Investment Analysis
Investment and Finance in China
Risk Management for Financial Institution
Strategic Finance and Value Creation
Venture Capital and Private Equity

Information Systems/Operations Management Business Optimization
E-Logistics
Global Supply Chain Management
Information Strategy and Economics
Innovation Management
Knowledge Management Systems
Software Project Management
Telecommunications Policy and Regulations

Management Being a Global Leader
Leadership in Asia
MBA Leadership
Management in a Chinese Context
Managerial Consulting
Managerial Decision Making and Leadership
Managing in China
Strategic HRM
Strategic Management in China

Marketing Brand Management
Channel Management
Marketing Analysis for Customer Value Management
Marketing Research
Negotiation
Retailing

Other Business Plan Competition
Case Analysis Competition