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BusinessFinance and Investment

Postgraduate Diploma in Corporate Financial Strategies for Value Creation
企業財務增值策略深造文憑

New Course
Course Code
FN039A
Application Code
1580-FN039A (April 2018 intake)

Study mode
Part-time
Start Date
02 Apr 2018 (Mon)
Next intake(s)
To be adviced
Duration
12 months to 18 months
Language
English
Course Fee
HK$44990 per programme
MBA-style case studies learning experience from Senior Financial Executives. Learn how a CFO thinks.

Rolling Admission. Accepting Applications!

Taught by teachers with MBA or Senior Financial Executive position, this programme is designed to lead you through the strategic decision process of the top management in finance. You will be taught the essential topics in financial management. The top executive teachers will then guide you through real case studies prepared by HBR, so you will learn how a CFO thinks when making decision in finance.

  • This programme is taught by teachers with MBA or from Senior Financial Executive position
  • Designed to lead students through real cases prepared by HBR
  • Suitable for working adults who are or will be working on financial strategies for company value enhancement. 
  • Adopt industry case study to enhance students' market knowledge.
  • A good platform to learn from practitioners and networking with the industry peers.
  • Articulation: students completing the programme may be exempted for 2 modules in the Edinburgh Napier University MSc International Banking and Finance  

Topics include: Channels for maximization of company value, capital investment opportunities in joint ventures, franchising & licensing and ways of raising capitals such as debt and equity financing, IPO and private equity.  Students will gain practical knowledge and techniques in company valuation, sourcing funds,  and budgeting decisions. 

 

Profile of teachers:

 

  • Ms. Wing Ka Tsang serves as Director of Finance and Accounting of Tao Heung Holdings Limited. Ms. Tsang is primarily responsible for Tao Heung Holdings overall finance, accounting and taxation functions. She joined Tao Heung Holdings in December 2002 as finance and accounting manager. Ms. Tsang has over 15 years of extensive experience in financial management.   She holds a Bachelor’s degree in commerce (accounting) from Curtin University of Technology in Australia and is an associate member of the Hong Kong Institute of Certified Public Accountants. Ms. Tsang holds Master’s degree of Business Administration from Chinese University of Hong Kong. 

 

  • Mr. Richard Ward has diverse experience in finance, consulting, industry, government and NGOs.  Much of it has focused on the nexus between international finance, foreign investment and host government policy.  His experience includes evaluating markets, assessing technical and environmental risks, identifying and cultivating new business opportunities, financing major enclave projects and establishing and managing new businesses. He holds an MBA from Yale University, an MS in resource economics from Pennsylvania State University, and a BS from Bloomsburg University, majoring in Earth and Space Sciences (Geology and Oceanography). He speaks English and Spanish, and holds FINRA Series 7, 63 and 79 licenses.

 

  • Miss Lo has over 15 years of experiences in various Banking MNC, including HSBC, Hang Seng Bank, Societe Generale, in Regional Financial Control and Business Finance role. She has expertise in Financial Analysis, Management Reporting, Revenue and Cost Management, Strategic Business Planning. Miss Lo graduated from University of Sydney as her first degree in Economics. She then obtained her MBA from Manchester Business School. She is also a member of the Association of Certified Practicing accountant.

  • Investment director of a hedge fund, CUHK MBA
Days / Time
  • Saturday, 12:00pm - 18:00pm
Duration
  • 18 hours per module
Venue
  • Hong Kong Island
 

Module Title

Lecture

Hours

1

Financial Statements for Decision Making - Life cyel theory of company value, Accounting value vs. market value, Financial reporting standards, Capital structure theory, Case study: HBR- Sarubcks Corporation, Communicating strategy to financial anlaysts

18

2

Ratio Analysis and Forecasting - Basics of financial leverage, Financial statement analysis, Investment criteria based on ratio. Case studies: HBR-Understanding Finance, Value Line Pulishing

18

3

Business Investment Analysis and Evaluation - Economic basis for project value creation, Scenario, sensitivity  and breakeven analysis, cash budgeting and forecassting, cost of capital estimation. Case studies: Amazon.com, Magic Timber and Steel 

18

4

Loans and Debt Financing - Bond concepts, Types of bond. Case studies: Non-equity financing for entreprenuerial ventures

18

5

Equity Financing - Types of investment capitals, Characteristics of startups and their stages, Venture lifecycle, Financing stages

18

6

Corporate Valuation - Valuation methods in assets, Economic value analysis, Market portfolio

18

7

Initial Public Offering - Entrepreneur exit strategies, Process and players in IPO, Cross-broder IPOs and future trends

18

8

Franchising and Licensing - Assess financial value of patents, Franchise value approach and method, Licensing and valuations

18

9

Mergers and Acquisitions - Value creation in merger and acquisitions, Option for growth, Creating a successful JV

18

10

Corporate Governance and Enterprise Growth - Economic rationale for regulations, Economic impact from corporate failures, Compliance with CG codes in recommendations and guidelines, Agency and entrenchment theory. 

18

11

Company Valuation Project

18

Total:

198

 

On completion of the programme, students should be able to:

  1.  evaluate financial management decisions of a company to ensure sufficient resources for continuous operation and meeting company goals;
  2. distinguish the characteristics of bonds and stocks for investment decisions ; 
  3. apply capital budgeting techniques to plan and manage long term investments for international corporations; 
  4.  critically evaluate the financing decisions and valuation methods for debt, equity, private equity, intellectual property, franchising and licensing; 
  5. examine the current market practices and behavior of the money market and capital market to explain trends and practices of these markets; 
  6. critically analyze the potential agency problem, and evaluate the global governance and compliance frameworks as well as the internal controls applicable to corporations and their stakeholders. 

 

Assessment

For Modules 1 to 10 :
Individual assignment or a 2-hour open book test

For Module 11: 
A group written report in 10,000 words with 4 to 6 students in a group.

To be advised

Applicants shall hold a bachelor’s degree awarded by a recognized institution. Those holding a non-finance degree are required to have 2 years of relevant work experience.

If the degree or equivalent qualification is from an institution where the language of teaching and assessment is not English, applicants shall provide evidence of English proficiency, such as:

i.        an overall band of 6.0 or above with no subtests lower than 5.5 in the IELTS; or

ii.       a score of 550 or above in the paper-based TOEFL, or a score of 213 or above in the computer-based TOEFL, or a score of 80 or above in the internet-based TOEFL; or

iii.      HKALE Use of English at Grade E or above; or

iv.      HKDSE Examination English Language at Level 3 or above; or

v.       equivalent qualifications.

Applicants with other qualifications will be considered on individual merit.

Application Fee

HK$150 (Non-refundable)

Course Fee
  • Course Fee : HK$44990 per programme (FIRST Semester payment: HK$20450. SECOND Semester payment: HK$24540.)

Application FormDownload Application Form
Application Form

Enrolment Method

HKU SPACE provides 24-hour online application and payment service for students to make enrolment for most open admission courses (courses enrolled on first come, first served basis) and selected award-bearing programmes via the Internet.  Applicants may settle the payment by using either PPS, VISA or MasterCard online.

 

  1. Complete the online application form

    Applicant may click the icon Apply Now on the top right hand corner of the programme/course webpage to make online application, and then follow the instructions to fill in the online application form.

    Some programmes/courses may be admitted by selection, and may require applicants to provide electronic copy of any required documents (e.g. proof of qualification) as indicated on the programme/course webpage.  Only file format in doc, docx, jpg and pdf are supported. 

  2. Make Online Payment

    Pay the programme/course fees by either using:

    PPS via Internet - You will need a PPS account and a PPS Internet password. For information on how to open a PPS account and how to set up a PPS Internet password, please visit http://www.ppshk.com.

    Credit Card Online Payment - Course fees can be paid by VISA or MasterCard including the “HKU SPACE MasterCard”.

To know more about online enrolment and payment, please refer to the user guide of Online Enrolment and Payment:

 

In Person / Mail

 

For first time enrolment

  1. For first come, first served short courses, complete the Application for Enrolment Form SF26 and bring or post the completed form(s), together with the appropriate application/course fee(s) and any required supporting documents to any of the HKU SPACE enrolment centres.
     
  2. Award-bearing and professional courses may require other information. Forms are usually available at the enrolment centres or on request from programme staff. Bring or post the completed form(s), together with the appropriate application/course fee(s) and any required supporting documents to any of the HKU SPACE enrolment centres.

For continuing enrolment in the same course

A. In person or by post

  1. The standard ‘Enrolment/Payment Slip’ is designed for students of award-bearing programmes or remaining programmes in a suite of programmes requiring continuing enrolment and it applies to most programmes.

  2. Students should complete the “Enrolment/Payment Slip” which will be made available by relevant programme staff and return the slip to any HKU SPACE enrolment centre or post it to the relevant programme staff with appropriate fee payment.

B. Online

Selected programmes offer online continuing enrolment service.  Programme staff will inform students if they offer this service and offer further enrolment details.

If you are in doubt about the procedures, please check the individual course details, or contact our programme staff or enrolment centres. 

[Download Enrolment Form SF26]

 

Please note the followings for programme/course enrollment:

  1. To make an application online, you will need a computer with connection to the Internet and a web browser with JavaScript enabled. Internet Explorer 5.01 or above is recommended for the web browser.
  2. Applicants should not leave the online application idle for more than 10 minutes.  Otherwise, applicants must restart the application process.
  3. Only S-MILES and Early Bird Discount are supported in Online Applicants (Application).  To enjoy other types of discount, please visit one of our enrolment centres.
  4. During the online application process, asynchronous application and payment submission may occur.  Successful payment may not guarantee successful application.  In case of unsuccessful submission, our programme staff will contact you shortly.
  5. Applicants are reminded that they should only apply for the same programme/course once through counter or online application.
  6. For online enrolment, payment confirmation page would be displayed after payment has been made successfully.  In addition, a confirmation email would also be sent to your email account.  You are advised to keep your payment confirmation for future enquiries.
  7. Fees paid are not refundable except as statutorily provided or under very exceptional circumstances (e.g. course cancellation due to insufficient enrolment).
  8. If admission is by selection, the official receipt is not a guarantee that your application has been accepted.  We will inform you of the result as soon as possible after the closing date for application.  Unsuccessful applicants will be given a refund of programme/course fee if already paid.

 

Disclaimer

The School provides a platform for online services for a selected range of products it offers. While every effort is made to ensure timeliness and accuracy of information contained in this website, such information and materials are provided "as is" without express or implied warranty of any kind. In particular, no warranty or assurance regarding non-infringement, security, accuracy, fitness for a purpose or freedom from computer viruses is given in connection with such information and materials.

The School (and its respective employees and subsidiaries) is not liable for any loss or damage in connection with any online payments made by you by reason of (i) any failure, delay, interruption, suspension or restriction of the transmission of any information or message from any payment gateways of the relevant banks and/or third party merchants for processing credit/debit/smart card or other payment facilitation mechanism; (ii) any negligence, mistake, error in or omission from any information or message transmitted from the said payment gateways; (iii) any breakdown, malfunction or failure of those gateways in effecting online payment service or (iv) anything arisen out of or in connection with the said payment gateways, including but not limited to unauthorised access to or alternation of the transmission of data or any unlawful act not permitted by the law.

Payment Method
1. Cash or EPS

Cash or EPS are accepted at any HKU SPACE enrolment counters.

2. Cheque or bank draft

Course fees can also be paid by crossed cheque or bank draft made payable to “HKU SPACE”. Please specify theprogramme title(s) for application and applicant’s name. You may either:

  • bring the completed form(s), together with the appropriate course or application fees in the form of a cheque, and any required supporting documents to any of the HKU SPACE enrolment centres;
  • or mail the above documents to any of the HKU SPACE enrolment centres, specifying “Course Application” on the envelope. HKU SPACE will not be responsible for any loss of payment sent by mail.
3. VISA/MasterCard

Applicants may also pay the course fee by VISA or MasterCard, including the “HKU SPACE MasterCard”, at anyHKU SPACE enrolment centres. Holders of the HKU SPACE MasterCard can enjoy a 10-month interest-freeinstalment period for courses with a tuition fee worth a minimum of HK$2,000; however, the course applicant must also be the cardholder himself/herself. For enquiries, please contact our staff at any enrolment centres.

4. Online payment (for the course/programme has online enrolment only)

The course fees of all open admission courses (course enrolled on first come, first served basis) and selected award-bearing programmes can be settled by using PPS via the Internet. Applicants may also pay the relevant course fees by VISA or MasterCard online. Please refer to the Online Services page on the School website.

Notes

  1. For general and short courses, applicants may be required to pay the course fee in cash or by EPS, Visa or MasterCard if the course is to start shortly.

  2. Fees paid are not refundable except under very exceptional circumstances (e.g. course cancellation due to insufficient enrolment), subject to the School’s discretion. In exceptional cases where a refund is approved, fees paid by cash, EPS, cheque or PPS (for online payment only) will normally be reimbursed by a cheque, and fees paid by credit card will normally be reimbursed to the payment cardholder’s credit card account.

  3. In addition to the published fees, there may be additional costs associated with individual programmes. Please refer to the relevant course brochures or direct any enquiries to the relevant programme team for details.
  4. Fees and places on courses cannot be transferred from one applicant to another. Once accepted onto a course, the student may not change to another course without approval from HKU SPACE. A processing fee of HK$120 will be levied on approved transfers.
  5. Receipts will be issued for fees paid but HKU SPACE will not be responsible for any loss of receipt sent by mail.
  6. For additional copies of receipts, please send a stamped, self-addressed envelope with a completed form and a crossed cheque for HK$30 per copy made payable to ‘HKU SPACE’. Such copies will only normally be issued at the end of a course.