Curriculum

This course introduces students to the concepts and techniques in making business financial decisions. The course focuses on the key responsibilities of corporate financial managers, including financing decisions, capital budgeting decisions, and short-term financial management decisions. It highlights how sound financial decision-making supports innovation and long-term corporate value creation. Such knowledge provides a strong foundation for further study in finance-related areas such as Investments, Personal Financial Planning, Banking, Real Estates, Insurance, Derivatives, International Finance, and Risk Management. Although the corporate perspective is adopted throughout the course, the theories, concepts, and techniques are equally applicable to personal and public financial decision-making. Upon completion of the course, students are expected to develop an understanding of the role of finance in corporate financial decision-making and its contribution to innovation and long-term corporate success.

The objective of this course is to develop an understanding of the use of information contained in financial reports in various business decision-making contexts, and how to integrate accounting and finance theories in valuing businesses.  This course introduces analytical tools commonly used by users of financial statements and business valuation techniques commonly used by professional business analysts and financial brokers. Through group projects involving programming and AI application, students gain hands-on experience in applying these tools to real-world enterprises, fostering professional learning and developing core professional skills in financial analysis, investment decision-making, and business valuation for decent work and economic activity.  With these tools, they  will better understand the financial positions and operating performance of an enterprise and be able to conduct basic business valuation for different business settings in various industries.

This is another capstone course of the MScAAF programme. The course builds on the core elements or foundation of Finance and Accounting knowledge. The objective of the course is to provide students with the knowledge to understand the international financial environment and its impact on Multinational Corporation (MNCs). The course extends corporate finance theory from the local to the international dimension. All traditional areas of corporate finance are approached from the perspective of Multinational Corporation. The role of MNCs in world trade and globalization will be discussed.

The exchange rate system is one of the fundamental issues in this course. The exchange rate is determined by derived demand and derived supply. The foreign currency demand derives from local consumption of foreign goods, and the foreign currency supply derives from foreign consumption of local goods. In addition, national income accounting, the composition of GDP, economic growth, and their relationships to exchange rates will be discussed.

This course analyses different principles in the valuation of financial assets including common, preferred stocks and bonds. The development of portfolio concepts and capital market theories are introduced. The issue of market efficiency is investigated while asset pricing models are discussed. Techniques on performance evaluation are introduced and performance of mutual funds is also examined. After completing this course, students should be able to perform sound investment and portfolio analysis.

This course gives students a solid grounding in strategic management accounting by examining strategy formation, including data gathering structures and SWOT analysis. Students learn how to measure performance within the strategic management process and apply management accounting information for effective financial decision-making. The course explores management control systems with a particular focus on the control environment and process.

Throughout the course, students engage with key themes such as resource efficiency and sustainable management in organizational decision-making. They develop skills in performance measurement to drive long-term industrial performance and corporate sustainability. The curriculum highlights corporate social responsibility and the ethical role of accounting in supporting responsible business practices. Students also build practical frameworks for risk and crisis management, preparing them to address strategic challenges and uncertainty in today’s dynamic business environment.