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) :
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Graduate School of Business Sciences at University of Tsukuba
Finance & Accounting (FA)
Efficient asset management requires knowledge of finance and accounting. This program combines finance and accounting theories with knowledge of associated areas, helping students develop the ability to not only make effective investment decisions and manage risks as needed by businesses, but to explore solutions from a broader perspective. It is designed for finance and accounting professionals involved in the financial business, or those in other industries who require knowledge of these areas. Students learn basic theories consistent with actual business problem awareness concerning practical and critical subjects in capital market analysis, asset pricing, investment decision-making, and other areas, broadening their knowledge through the study of specialized subjects and ultimately acquiring the ability to provide solutions for business issues.
[Example Research Subjects]
Quantification of Credit Risk Using a Structural Model and its Application to Investment in Bonds
Estimation of Rating Transition Probability and Quantification of Credit Risk in Consideration of Variation in ROI
Optimal Stock Split Trading Strategies in Consideration of Opportunity Costs
Corporate Valuation and Stock Investment Using the Cash Flow Analysis
Credit Risk Assessment Model Considering Rating Transition
Development of Credit Evaluation Method Based on a Bankruptcy Prediction Model
Research on the Development of a “Balanced Scorecard” in the Financial Business
Research on the Formulation of Policy Asset Allocation Considering the Multiperiod Structure of Pension Funds
Optimal Portfolio Strategy for Pension Investment with Interest Guarantee and Dividend Distribution
Research on the Effectiveness of Financial Asset Market Price Information and Comprehensive Income-Based Performance Reports
Graduate School of Management at Ritsumeikan Asia Pacific University (APU)
Financial Engineering and Risk Management
An exploration of the concept of risk, its influence on economic decision making in the corporate setting, and processes for managing risk will be presented. Derivative theory will be introduced through examination of futures and options. Issues in risk diversification will also be presented.
Planning and Risk Management in Tax Aspects of International Business
This course is designed to provide an overview of various international tax risks and opportunities that affect corporations and individuals in today’s global business environment.
Topics include: (1) International double taxation
(2) Elimination of double taxation
(3) Tax treaty
(4) Transfer pricing
(5) Tax haven taxation
(6) International tax arbitrage and
(7) International tax strategy and planning
The course’s main objective is to raise the awareness of students concerning current international tax issues and planning opportunities which non-tax business person should be aware of when international business is conducted.
ECON6010
Monetary Policy: Theory and Practice
General Information
This course traces the evolution of central banks over the last 200 years from primitive financial clearing-houses to promoters of macroeconomic stability and growth as a natural progression as policy-makers sought to combat various challenges to macroeconomic stability, such as inflation and systemic financial risk. The course will discuss different monetary policy regimes, including currency boards and inflation targeting, and the inherent trade-offs between them, focusing especially on the importance of credibility and expectations. Optimal monetary policy design and the monetary transmission mechanism will also be covered.
MFIN7011
Credit Risk
8
Tang, Dragon
General Information
A comprehensive analysis of credit risk measurement and credit derivatives. Topics include credit events, expected default frequency, expected exposure, loss given default, default correlation, KMV, Credit Metrics, credit ratings performance and migration, total return swaps, credit default swaps, basket default swaps, credit spread forwards and options, exotic credit derivatives, credit-linked notes, and collateralized debt obligations.
Extra Information
equivalent to MFIN6016 Seminar in Credit Risk Management
Prerequisites:
1. Spreadsheet Modelling in Finance;
2. Derivative Securities; and
3. Fixed Income Securities & Interest Rating Modelling
MFIN7021
Corporate Risk Management
5
Li, Zhelei
General Information
This course covers a specific subset of topics in corporate finance including risk management, hedging, capital structure, and liquidity management. The basic idea of the course is that all corporate financial decision-making is some form of risk management. They are centered on notions of asset liability matching and should be well aligned with each other and with management and capital market expectations. The objective of the course is to explain the theory of corporate risk management and to demonstrate some of its real-world applications. In particular, we will describe a 4-step corporate risk management process which includes defining a consistent risk strategy; quantifying market risk exposures; establishing an efficient benchmark and implementing risk strategies. We will also touch upon some recent development in derivative accounting and its implication to corporate hedging.
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.
International Finance (EKM )
This course introduces students to international finance including international markets, international investment, and international corporate financial management. Discussion topics include the overview of international finance, treatment of foreign exchange, currency and derivative markets, currency risk, international portfolio management, and international corporate financial management. International strategy and international investments are also covered. The aims of this course are to introduce international finance theories and a framework for evaluating the many opportunities, cost and risks of multinational operations in a manner that allows students to see beyond the algebra and terminology to general principles, and to help solve international finance management problems.
Financial Institutions Management (EKM 3216)
This course provides a general description of financial systems and its related aspects. Among the topics covered are the importance and workings of financial institutions, securities markets, different types of financial institutions, management of financial institutions, and risk management in financial institutions. The course objectives are to provide students with the general picture of financial systems and financial institutions, and to help students understand the role of depository and non-depository financial institutions in the economy.