New Electives announced
Enterprise Risk Management - New in 2013
Students who have completed FRM know that risk management is about much more than quantitative models. We are delighted to launch this new unit with the following benefits:
- Not just for bankers, relevant for all large organisations
- Explores the less mathematical elements of risk management
- Case study driven (energy giant Hydro One, NAB, China Aviation)
ERM will be taught by a dynamic lecturer from McKinsey & Coy with wealth of experience.
ERM will be run for the first time in Sydney 12-15 September. A detailed unit guide is available.
Investment and Credit Analysis - New in 2013
This elective analyses the link between business strategy and industry structure, and financial performance. It also explores the range of financial analysis techniques used to analyse historical and prospective financial performance. It will apply these ideas in both equity and credit analysis contexts. This subject will suit anyone interested in developing their financial analysis skills.
Corporate Finance Electives in 2014
In 2014 we will be introducing new corporate finance electives, to enable students to develop their technical and high level decision making skills in a corporate finance context. These skills will be invaluable to anyone seeking to pursue or advance their careers in investment or corporate banking; CFO and corporate strategy related roles or financial analysis or equity research roles. They are:
Advanced Valuation will build on valuation models introduced in Corporate Finance, and will equip students to confidently apply valuation models in a wide range of valuation situations. It will examine in detail the relationship between risk and valuation, and also how to incorporate real options into a valuation. This unit will also provide the opportunity to develop financial modelling skills, including sue of the @Risk software for carrying out Monte Carlo simulation.
Managing Shareholder Value looks at the relationship between resource allocation decisions made by companies and shareholder value. It focuses on three key areas: performance measurement of businesses, capital investment decisions and corporate growth, portfolio and restructuring strategies. The unit will also examine how the design of decision making processes can lead to better quality investment decisions. It will particularly suit those interested in developing corporate and business development strategies for corporations, investment and corporate bankers who might advise CEO’s and DCFO’s on growth and portfolio restructuring strategies, and equity analysts.
Corporate Financial Strategy takes the CFO perspective in developing a company’s preferred financial strategy. It will examine the links between capital structure and capital management, dividend and risk management policies, and provide a framework for choosing between the wide range of financial instruments available. It will also examine issues in relationship to managing relationships with key financial stakeholders. This unit will suit students involved in developing strategies for corporations, or investment and corporate bankers who might advise CFO’s on financial strategy.
With the introduction of these new electives, we will not be offering Project Analysis and Evaluation in 2014, and the structure of Corporate Treasury Management will change to provide more of an operational focus on treasury management issues. This will also allow us to reduce the workload in the Corporate Finance core unit.