YEAR ONE MODULES (CORE MODULES)
Introduction to Management, Business and Marketing
This module provides an overview of the activities of the organisation and the management. It introduces participants to the basic functions of management (planning, organising, leading and controlling) and the concepts of efficiency and effectiveness. The core implications of changes in modern business environment for organisational structure and responses will also be explored.
Introduction to Accounting
This module covers the preparation and interpretation of both financial and management accounts. It consists of two parts - Financial Accounting and Management Accounting. Topics covered include preparation of accounts for sole proprietors and companies, accounting theories, concepts, principles and treatment of stock valuation, identification and classification of relevant costs for decision making.
Introduction to Economics
This module will comprise of two parts - Microeconomics and Macroeconomics. Microeconomics will cover the choice and decision-making by households and firms, and examine how these decisions are coordinated by market mechanism. The behaviour of individuals, firms, factors of production and market structures will be the core focus. Macroeconomics will consider the problems of the economy as a whole, and the underlying relationships between economic aggregates, such as aggregate demand and supply, the circular flow, demand and supply of money, investment and savings, IS-LM model models, employment and inflation.
This module gives the students an overall view of information technology including methods of processing, storing and transmitting information, together with an appreciation of the scope and diversity of the applications of information technology.
Singapore Business Law
This module introduces participants to the Singapore Legal framework in the perspective of business. Topics include contract laws, agreements, agency and misinterpretations, company laws, company formation, takeovers, mergers, auditing, negligence and liquidation of a company. An introduction to the different forms of business organisations in Singapore will also be covered.
The objective of this module is to develop participants’ understanding of statistical methods at intermediate level and an awareness of their many applications in the business and management environment.
YEAR TWO MODULES
Advanced Quantitative Methods
This course emphasises the importance of quantitative analysis techniques and issues for today’s changing business environments by providing students with the understanding and knowledge of techniques of quantitative methods to perform quantitative analyses and make business plans and decisions.
Introduction to Finance
Develop forecasting methods to help managers formulate appropriate strategies for the future using techniques such as time series, smoothing methods, trend projection, regression analysis and qualitative approaches.
Explain the core theories, basic concepts and context that underpin and make an impact on accounting and its development. Enable to record and summarise accounting transactions. Integrate and understand the impact of accounting adjustments into the accounting records. Prepare and present financial statements. Understand how various taxation elements can influence business decisions and financial reporting practice.
This module aims to introduce students to the principles of bank management, the major issues facing a modern bank manager, and the basic financial and analytical tools needed to deal with those issues.
To provide students with an understanding of the various methods of raising funds for investment under risk and uncertainty; the principles and techniques involved in making investment decision to maximize possible returns; the optimal financial structure and the distribution of wealth to shareholders; and financial statements analysis and their implications.
To explain the macroeconomic implications of an economy being part of an international economy; to examine theories describing why the movements in foreign exchange rates occur; to explore currency crises and global macroeconomic policies and their links. To analyse issues related to international portfolio diversification, international financial projects and ways of managing exchange rate risks.
YEAR THREE MODULES
This module provides students with a good grasp of both the theoretical and practical aspects of international banking of today and gain appreciation of the related policy issues and its impact on the banking organisation looking from the micro and macro perspectives.
International Trade Finance
The international trade activities of MNCs have grown in importance over time. The trend is attributable to the increased globalization of the world economies and the availability of trade finance from the international banking community. This module is to prepare the students to become an effective managers to recognise methods that they can use to finance international trade so that they can conduct exporting and importing in a manner that maximise the value of an MNC.
Fixed Income Analysis
The course is designated to examine technical issues related to fixed income analysis in the overall investment framework.
The course aims to examine the derivatives market, such aspects as valuation and risk management, interest rate mechanisms, forward/futures and swap valuations. Also, the course will concentrate on stock, currency and commodity derivatives.
Risk Management in Banking
The course aims to examine the risks associated with banking practices including preventive solutions and their relevance to daily operations of a bank and its overall performance as a whole. Also, risk management processes and risk regulation system in banking will be discussed in details.
Islamic Banking and Finance
To raise the awareness that over the past two or three decades Islamic banking and finance has emerged as another viable way of financial intermediation. It has gained credibility and has spread worldwide and is the preferred way of banking for one fifth of the world’s population. Thus, the course aims at providing an insight into the key features of Islamic banking business, the risk environment, capital adequacy, securitisation, corporate governance and human resource management policies of Islamic financial institutions.