This unit gives an introduction to accounting principles. It covers the accounting elements of the financial statements, qualitative characteristics of useful accounting information, understanding the accounting elements of the balance sheet and basic accounting concepts underlying income statement, articulation of income statement, and purpose of cash flow statement and definition of profit and how it is determined.
This unit teaches the foundations of financial management, the goal of the firm, legal forms of business organization, role of financial manager in a corporation, the valuation of financial assets, the time value of money, the meaning and measurement of risk and return, the valuation and characteristics of stock. The primary objectives of financial management are to create wealth for the business, generate income, and return on investment base on the risk and resources investment. It also covers basics of the consumption and investment with and without capital markets, capital budgeting and valuation, risk and return and asset pricing models.
This unit introduces the context of the business firms and its interconnection to other subjects. It describes the nature and purpose of business in terms of what business do, what resources they need and who they are accountable to. It also covers various structures and classification of business organizations such as proprietary, partnership and public organizations and the way the firms finance the investment.
This unit introduces students with principles and concepts in the financial markets. It gives students why study financial markets and institutions, the overview of financial system, fundamentals of financial markets, fundamentals of financial institutions, money market, bond market, stock market, mortgage markets and foreign exchange market.
This unit provides participants with the statistical concept and techniques to apply in real-world and decision making problems. It teaches where, why and how to make the data collection, how to describe the collected data and how to describe data using numerical measures. It covers introduction to probability distributions, sampling distributions, estimating single population parameters, hypothesis tests and estimation for population variances.
This module conducts banking operations and procedures. It gives the understanding of common banking practices, basic mechanism and recent development of key banking products. It covers payment systems, financial conditions and pricing, order management, posting lock management, posting control, settlement, integration into accounting and bank statement.