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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
1555-FN039A (Nov 2017 intake)

Study mode
Part-time
Start Date
To be advised
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

We provide online application and payment service for students to make enrolment via the Internet. Enrolment will be confirmed once students have made the payment online by using either PPS or credit card.

For first-come, first-served courses:
  1. Complete the online application form
    Click the "Apply Now" button on the top right hand corner of the course webpage to make online application. Follow the instructions to fill-in the online application form.
  2. Make Online Payment
    Pay the 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 via a secure online payment gateway for all first-come, first-served courses.

For award-bearing programmes:

Selected award-bearing programmes also provide online enrolment and payment service for its students.

If your programme accepts online enrolment and payment, a re-enrolment icon will be shown on the course webpage. Click the icon and follow the instructions to perform online enrolment and payment. You will receive relevant information from the programme team nearer the time of enrolment.

You may click here directly to access the online enrolment and payment service.

Please note the followings:

  1. Admission is on a first-come, first-served basis. Enrolment will be confirmed once you have made the payment online. You will receive a payment confirmation after payment has been made successfully. You are advised to keep your payment confirmation for future enquiries.
  2. Fees paid are not refundable except as statutorily provided or under very exceptional circumstances.
  3. 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 as the web browser.

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

Course fees can be paid by cash or EPS 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

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.