Financial Sector Management PgDip

Contents

This will depend partly on choices you make, but most students take two years to complete Postgraduate Diploma. The study calendar consists of five sessions per year. Each session is devoted to a specific course and lasts eight weeks (with the exception of the fifth session which runs for 10 weeks). During each session you will need to allocate between 15-20 hours per week to complete the programme.

SyllabusQuantitative methods for financial management [C319]

This course introduces some of the quantitative methods of financial management which are commonly used by financial analysts, firms´ managers and individual investors. It examines techniques for the valuation of different classes of securities, analyses criteria for guiding investment decisions, considers the measurement of asset risk and return and discusses statistical techniques of forecasting. Eviews software is provided for regression analysis and diagnostic procedures.

* Unit 1: Financial Arithmetic and Valuation of Bonds and Stocks
* Unit 2: Statistical Concepts and Probability Theory
* Unit 3: Statistical Inference
* Unit 4: The Classical Linear Regression Model
* Unit 5: Statistical Inference in the Classical Linear Regression Model
* Unit 6: The Multiple Linear Regression Model
* Unit 7: Topics in the Multiple Linear Regression Model
* Unit 8: Risk Measurement and Investment Decisions

Corporate finance [C321]

This course enables you to relate principles and practice to the financing decisions of enterprises in modern economies. The course analyses the decisions firms make about financing their investments in productive capital.

* Unit 1: Perspectives on Corporate Finance
* Unit 2: Net Present Value and Capital Budgeting Decisions
* Unit 3: Risk, Capital Market Equilibrium and Capital Budgeting Decisions
* Unit 4: Efficiency of Capital Markets and Implications for Corporate Financing Decisions
* Unit 5: Dividend Policy
* Unit 6: Capital Structure I
* Unit 7: Capital Structure II: Information Asymmetries and Agency Costs
* Unit 8: Mergers

Corporate governance [C344]

This course is specially designed for the postgraduate study of such areas as management, finance, financial law, corporate law, economics and related subjects, and has been designed to increase the depth of your understanding of corporate government issues. The course places a strong emphasis on the relationship between theoretical concepts and real world issues, making a real contribution to your in-depth understanding of the relevant corporate governance issues and future career development.

* Unit 1: Introduction to Corporate Governance
* Unit 2: Theory of the Firm
* Unit 3: Corporate Governance and the Role of Law
* Unit 4: Corporate Governance around the World
* Unit 5: Board Composition and Control
* Unit 6: CEO Compensation
* Unit 7: International Governance
* Unit 8: Overview of Corporate Governance Codes

Banking and capital markets [C326]

This course examines the underlying principles and characteristics of banking and financial markets that are the foundation for understanding both their normal role in economies and the headline events. It concentrates on the theoretical and empirical scientific knowledge produced by modern research on banking. Since such knowledge is never fully established or `proven´, it enables the student to examine opposing points of view and to discuss the published studies.

* Unit 1: Bank-Based vs Market-Based Financial Systems
* Unit 2: Why do Banks Exist?
* Unit 3: Why Banks Exist: Explanations Based on their Lending
* Unit 4: Banks vs Capital Markets
* Unit 5: Credit Rationing and Overlending
* Unit 6: Bank Runs and Regulatory Responses
* Unit 7: Financial Crisis
* Unit 8: Portfolio Analysis

Finance in the global market [C342]

The main objective of the course is to enable you to understand some of the main characteristics of that globalised financial world. Because of the centrality of foreign exchange markets to international finance, we regard understanding foreign exchange markets as the core of that objective.

* Unit 1: The International context of finance
* Unit 2: The markets for foreign exchange
* Unit 3: Exchange rates and prices
* Unit 4: Exchange rates and interest rates
* Unit 5: Managing foreign exchange exposure
* Unit 6: International corporate financing and project finance
* Unit 7: Capital structure and cost of capital in international financing
* Unit 8: Corporate finance and currency crises

Bank regulation and resolution in banking crises [C356]

The recent banking crisis has motivated heightened discussion of the merits of bank regulations used to minimise the risk of bank distress and intervention tools to mitigate its effects. In this course you will study technical aspects of bank regulation, supervision and intervention to resolve crises.

* Unit 1: Principles of Bank Regulation
* Unit 2: Banking Supervision & Regulation
* Unit 3: The Prudential Supervision of Banks
* Unit 4: Banking Crises: Weak Banks and Lender of Last Resort Support
* Unit 5: Restructuring Failed Banks and Protecting Depositors
* Unit 6: The Institutional Structure of Financial Regulation
* Unit 7: Regulation, Supervision and Financial Stability
* Unit 8: Issues in International Supervision and Regulation

Bank financial management [C322]

This course concentrates on the principles of bank management of assets and liabilities. You will learn about the principles of bank balance sheet management and money market operations as well as liquidity ratios and capital adequacy ratios. You will also study issues of bank supervision and regulation.

* Unit 1: Banking Innovations and Risk
* Unit 2: Bank Accounts: A Useful Tool if Handled with Care
* Unit 3: Bank Valuation
* Unit 4: Bank Risk Management - Liquidity Management
* Unit 5: Bank Risk Management - Interest Rate Risk Management
* Unit 6: Cost of Funds and the Funding of Operations
* Unit 7: Bank Risk Management - Credit Risk
* Unit 8: Capital Management