Corporate & Public Finance

Scope and Sequence of Corporate  & Public Finance

EMBF 601 Project Management 4 credits

This course prepares students for managing organizational change through projects. It focuses on projects involving major changes, including projects related to new products, new plant and equipment and new operating systems, which will affect the lives of people both within and without the organization.  This module takes a high level, critical and evaluative view of project management, emphasizing managerial and strategic use of the techniques of project management.

EMBF 603 Strategic management 4 Credits

This course will introduce students to strategic management.  It seeks to widen the student's perspective and understanding of the theories and practice of management.  As the world of business becomes increasingly interdependent, it is vital that students become aware of the nature and complexity of the business environment, how to analyze resources and strategic capability through internal and external audit.  This will lead to how to evaluate and select strategic options in relation to an organization’s structure and strategy. Key aspects and issues of strategy implementation will also be covered.

 

EMBF 605   Marketing Management 4 credits

This course provides students with an in-depth knowledge of the elements of the marketing mix and the practice of contemporary marketing underpinned by a consideration of theoretical perspectives on consumer behavior.  The components of marketing will be explored from manufacturing and service sector perspectives.

 

EMBF 602 Organizational Behavior & HRM 4 credits

This course provides a thorough grounding in the theories of organizations, the processes of organizational designing, and the practice of human resource management. The first part of the module concentrates on the concepts of organizational structure and behavior.  The second part reviews the changing nature of the employment relationship and critically evaluates the contribution of HRM to organizational effectiveness and efficiency.

 

 

EMBF 604 Corporate Finance 4 Credits

 Although some fundamental financial management techniques will be covered in the course, the major aim of the course is to examine and discuss some controversial issues in corporate finance.  As a result, students are encouraged to adopt a questioning approach to the theories and to develop a habit of critical evaluation of reported empirical tests' results.

 

EMBF 606 Financial Analysis for Managers    4 Credits

This course is designed to develop students’ ability to interpret and use financial information within the strategic framework of a business. It is oriented toward the user rather than the preparer of corporate financial statements. The first half of the course provides students with the practical tools for assessing financial performance and economic condition of a business. Considerable emphasis will be placed on the financial reports of real-world public companies. The second half of the course introduces the key concepts of managerial accounting and illustrates how to identify relevant costs for short-term and long-term decision making.  It will examine the choice of financial and non-financial measures for evaluating the performance of business units or divisions.  The course aims to provide a solid foundation for students’ progression to other finance modules.

 

EMBF 701 Institutional Investments 4 Credits   

After successfully pursuing this course, students will have knowledge of particular institutional investments and their relative merits from the perspective of retail investors. They will have an overview of the role of institutional investments in the economy in general, and personal financial planning in particular. They will have insights into the operation and management of institutional investments, and the specific types of investment fund available.   

EMBF 703 Research Methodology 4 Credits

The objective of the course is to equip the students with the concept and methods of Business Research. The students will be able to plan, design and earn out business research using scientific methods and prepare research report(s) / paper (s).  It introduces the requisite concepts and skills to conduct a piece of individual research or problem-solving of a strategic nature.

 

EMBF 705 Financial Risk Management 4 credits

 

This course focuses on the management of financial risks (market, credit, and liquidity risks) by banks, insurance companies, asset managers, and hedge funds. It presents quantitative methods used by financial institutions to measure and manage these risks: value at risk, market volatility, corporate credit risk, retail credit risk, sovereign credit risk, trading costs, stress tests, etc. It also provides a critical analysis of how these models perform in normal times and during financial crisis, and covers specific issues of financial regulation including: liquidity and capital requirements in banking, the regulation of insurance companies, sovereign risk and debt sustainability, debt restructuring, systemic risk and the resolution of financial crises. Topics include measures of risk; mapping, hedging, and VaR systems; models of volatility; credit ratings and migration; credit derivatives; liquidity risk; regulation of banks; back testing and, stress testing; systemic risk and macro-prudential regulation; regulation of non-bank entities; etc.

 

EMBF 708  International Financial Markets          4 Credits

 

The aims of this course are to enable students to understand the characteristics and organization of the international financial markets and to identify their potential uses in business situations. The module also aims to enable students to identify the potential risks and dangers in the use of these markets.

EMBF 710 Master’s Thesis or Project 4 Credits

The thesis includes the application of lessons and skills attained from the study of research methods and gives students the opportunity to enact a piece of individual research or problem-solving of a strategic nature, thereby demonstrating their competence in applying the concepts and skills acquired during the taught part of the program.