Within the Hong Kong MBA, students must complete the following nine required or core courses.
Corporate Financial Reporting
Interpretation and analysis of financial information. Framework for understanding contemporary financial reporting practices, the focus that shape those practices, and how those practices influence the usefulness of financial information in applied decision settings. Topics are organized around three modules: (1) measurement rules and bookkeeping procedures for production of corporate financial statements and use of the information for credit decisions; (2) strengths and weaknesses of alternative accounting methods and financial disclosures; and (3) analysis for valuation purposes.
Introduction to techniques of quantitative modeling and statistical analysis for management decision making. A unifying element of the course is the use of Excel to perform various kinds of analysis in a spreadsheet environment. Major topics include decision analysis, statistical inference, regression, and linear programming. The course also develops required background material in probability.
International Economic Environment of the Firm
Basic determinants of aggregate output, employment, wages, unemployment, consumption, investment, international trade flows, interest rates, exchange rates, prices, and inflation in open economies; sources and nature of economic growth; effects of domestic and foreign monetary and fiscal policies; effects of trade and exchange rate policies.
Modules of consumer and firm behavior with applications; market equilibrium and structure; pricing decisions and strategy.
Managing Teams and Organizations
How to explain, predict, and influence behavior in organizations; decision making, leadership, communication, group skills in management positions; motivation, teams, organizational culture, organizational design, individual differences, organizational change.
Planning and decision making associated with the management of an organization's operations. Operations management, planning and decision-making activities; insights into the basic trade-offs associated with operations management decisions; tools and techniques for helping operations managers implement their decisions and reach their goals. Topics include: production and service delivery strategy, capacity planning, product and process design, total quality management, demand management, production and service planning, scheduling, materials control, emerging production and service technologies.
Concepts, principles, and models of marketing. The relationship between marketing and other functional areas of business. Emphasis on how the marketing manager can achieve desired outcomes with the target market. Includes analyzing marketing opportunities; researching and selecting target markets; developing marketing strategies; planning marketing programs; and organizing, implementing, and controlling the marketing effort.
Provides an overview of the basic concepts and principles of financial management and insight into the decision-making process of financial managers. Topics include: the time value of money, the tradeoff between risk and return valuation techniques, capital budgeting, capital structure, and the role of financial markets. Emphasizes the mathematical tools of financial decision making and reasoning and concepts in appropriately applying these tools.
Strategic Management and Business Policy
The capstone strategy course for the MBA program. Discussion of strategic business frameworks as applied to a comprehensive computer-based business simulation. In the simulation, students apply concepts and tools from earlier courses to manage their "virtual" company. These companies in turn compete in a common marketplace. Students learn to think, act, and communicate strategically. Prerequisite: Completion of all core courses.