Course of MSc in Applied Finance Lee Kong Chian School of Business at Singapore Management University
Advanced Equity Analysis
This course is the continuation of Equity Analysis. This module examines various advanced equity valuation models introduced to price cyclical bankrupt and private firms. Risk-return relationship and asset pricing models will be introduced. Empirical evidence on asset pricing theories as well as the effect of corporate announcements (e.g. bond rating changes, going private transactions, public and private equity placements) on stock prices will be discussed.
Tags: Advanced Equity Analysis, Applied, Courses . Programs, Empirical, equity, Finance, Kong, Lee, Lee Kong Chian School of Business, Management, Module, pricing, Singapore Management University
Category : Lee Kong Chian School of Business
Leave a Reply
Lee Kong Chian School of Business at Singapore Management University
Term 2
Financial Statement Analysis 3
Advanced Quantitative and Economic Analysis
Advanced Equity Analysis
Advanced Fixed Income Analysis
Advanced Derivatives Analysis
Financial Modeling
Course of MSc in Applied Finance Lee Kong Chian School of Business at Singapore Management University
Private Equity and Venture Capital Investing
The elective explores topics and issues in private equity and venture capital investing from both the point of view of the investors as well as the entrepreneurs. The course is suited for those who are interested to pursue a career in the private equity and venture capital industry. It will give an overview of the private equity and venture capital industry in Asia and US and also provides the foundation on general investment terms and structure, equity and debt
Lee Kong Chian School of Business at Singapore Management University
Term 1
Financial Statement Analysis 1
Financial Statement Analysis 2
Economic Analysis
Quantitative Methods and Statistics
Corporate Finance
Fixed Income Analysis
Derivatives Analysis
Equity Analysis and Portfolio Management
Lee Kong Chian School of Business at Singapore Management University
Term 3
Advanced Portfolio Management
Electives:
Bank Risk Management
Advanced Corporate Finance
Corporate Risk Management
Corporate Strategy & Financial Performance
Financial Risk Management
Hedge Fund Management
Investment Advisory Service & Wealth Management
Private Equity and Venture Capital Investing
Structured Products
Lee Kong Chian School of Business at Singapore Management University
Advanced Econometrics
This course is a sequel to Econometrics. It covers advanced topics in estimation (maximum likelihood method and generalised method of moments), diagnostic techniques (portmanteau tests, residual based tests and heteroscedastic autocorrelation consistent methods), the analysis of stationary and nonstationary time series (unit root test and cointegration analysis), the analysis of panel data and the modeling of limited dependent variables.
Course of MSc in Applied Finance Lee Kong Chian School of Business at Singapore Management University
Advanced Quantitative and Economic Analysis
This module builds on and extends the coverage of the earlier modules of Economic Analysis and Quantitative Methods and Statistics. Some advanced topics in analysis of economic data are covered, including multiple regression model, time series and econometric modelling, nonparametric statistics, multivariate analysis. Applications of these techniques in portfolio management, economic forecasting, term structure modelling, asset pricing theories, performance measures and interest rate management will be examined.
Course of MSc in Applied Finance Lee Kong Chian School of Business at Singapore Management University
Equity Analysis and Portfolio Management
This module covers basic techniques of valuation and management of securities in a portfolio context. For valuation of stocks, models such as discounted cash flow models, P/E multiples, and alternative-pricing models will be covered. Implication of efficient market theory on fundamental and technical analysis will also be examined. Global and local equity market features will be incorporated to add depth to the module. For portfolio management, concepts of risk and return are analyzed in the context of formal pricing models
Lee Kong Chian School of Business at Singapore Management University
Finance
Compulsory Courses
1. Corporate Reporting & Analysis of Financial Statements
2. Financial Instruments, Institutions & Markets
3. Any 3 Finance Electives under the subject area of FNCE (i.e. course code starting with FNCE)
Examples of Finance Electives :
1. Analysis of Derivative Securities
2. Analysis of Equity Investments
3. Analysis of Fixed-Income Investments
4. Corporate Finance
5. Entrepreneurial Finance
6. Financial Risk Management
7. International Finance
8. Investment Banking
9. Portfolio Management
10. Wealth Management
Course of MSc in Applied Finance Lee Kong Chian School of Business at Singapore Management University
Advanced Fixed Income Analysis
This course is the continuation of Fixed Income Analysis. This module focuses on fixed-income derivatives and risk management. Valuation models on fixed-income securities with embedded options, such as callable and convertible bonds, will be discussed in detail. Issues in securitisation, asset-backed securities and options pricing theory with applications to fixed-income market will be covered.
Course of MSc in Applied Finance Lee Kong Chian School of Business at Singapore Management University
Financial Statement Analysis 3
This module builds on and extends the coverage of the earlier module Financial Statement Analysis 1 and 2. Advanced topics in financial statement analysis that include corporate restructuring, accounting for inter-corporate investments, mergers and acquisitions, distress analysis, accounting for global corporations and the use of financial statements as a tool for valuation and forecasting will be covered.
Course of MSc in Applied Finance Lee Kong Chian School of Business at Singapore Management University
Advanced Derivatives Analysis
This module builds on and extends the coverage of the basic module Derivatives Analysis. The basic concepts will be reinforced with some degree of modelling skills including the building of simple PDEs using Ito's lemma. Some ideas of extension of Black-Scholes and other adaptations to different commodities and financial instruments will be provided. More sophisticated theories such as forwards versus futures pricing, and interest rate swaps versus interest rate futures will be covered. Interest rate derivatives such as caps, floors, and others
MSc in Applied Finance Course Lee Kong Chian School of Business at Singapore Management University
Advanced Corporate Finance
This course aims to provide students with an advanced coverage of Corporate Finance. It answers three issues facing every business corporation: investment, financing/dividend and operational decisions. The course will equip students with conceptual and analytical skills necessary to make both routine and non-routine financial decisions. It will cover advanced topics such as optimal capital structure, IPOs, Mergers & Acquisitions, Corporate Restructuring and Value Creation. Cases will be used to illustrate the concepts and tools introduced in the course.
MSc in Applied Finance Course Lee Kong Chian School of Business at Singapore Management University
Financial Statement Analysis 1
This module provides an introduction to key accounting concepts and knowledge. Accounting objectives, conventions and standards, and the rules that govern disclosure are examined. Other topics include ratio and cash flow analysis, analysis of inventories and analysis of long-lived assets.
Course of MSc in Applied Finance Lee Kong Chian School of Business at Singapore Management University
Structured Products
This course will cover the use of structured products by fund managers for investment. These products include convertible bonds, mortgaged-backed securities, option-embedded bonds, equity-linked notes, dual currency options, reverse floaters and similar forms of innovative financial instruments. Participants will obtain a good understanding of the risk and return of these products, and their use in portfolio management.
MSc in Applied Finance Course Lee Kong Chian School of Business at Singapore Management University
Financial Statement Analysis 2
This is a continuation of Financial Statement Analysis 1. Topics in this module include analysis of financing liabilities, analysis of off-balance sheet activities and hedging transactions, accounting for pensions and income taxes, and international accounting differences and their effect on financial statements.
Course of MSc in Applied Finance Lee Kong Chian School of Business at Singapore Management University
Advanced Portfolio Management
This module builds on and extends Portfolio Management. The module covers the complete investment process from constructing investment objectives and policies to broad class asset allocation, portfolio selection, revisions, monitoring, and performance measurement and attribution. Practical issues relating to investment management philosophy and style, and active and passive management will be discussed. Advanced techniques in portfolio construction involving the use of single index, multi-factor and Arbitrage Pricing Theory models are studied.
MSc in Applied Finance Course Lee Kong Chian School of Business at Singapore Management University
Economic Analysis
This module covers the principles of microeconomic and macroeconomic analysis, with particular reference to economic management and the financial markets. Our aim is to learn theories in order to apply them in analysis. Topics in microeconomics include supply and demand, competition and monopoly, externalities and the new IT economy. Topics in macroeconomics includes growth, trade, cycles and the recent developments in the rational expectation theory.
MSc in Applied Finance Course Lee Kong Chian School of Business at Singapore Management University
Quantitative Methods and Statistics
This module provides the basic aspects of quantitative analysis, probability theory and data analysis, with special reference to finance. Topics include the time value of money, theory of interest, probability theory, descriptive data analysis, decision trees, estimation and hypothesis testing, and simple statistical analysis such as correlation analysis, regression analysis and time series analysis.
Lee Kong Chian School of Business at Singapore Management University
Quantitative Finance
Compulsory Courses
1. Linear Algebra and Regression
2. Differential Equations
3. Real Analysis
4. Probability Theory and Statistical Inference**
5. Structured Finance
6. Investment and Financial Data Analysis
7. Stochastic Calculus and Finance Theory*
8. Numerical Methods*
9. Global Financial Risk Management
10. IS Software Foundations
Lee Kong Chian School of Business at Singapore Management University
Second Major
There is also provision for students to elect a second major outside the Business School in:
Accounting
Actuarial Science
Advanced Technology & Applications
Business Statistics
Economics
Information Systems
Law
Political Science
Psychology
Sociology
To qualify for a second major, students need to take additional courses as stipulated by the respective schools. Students may also elect to have a second major within the Business School . However, more courses would be needed to fulfill this choice.
Lee Kong Chian School of Business
Singapore Management University
50 Stamford Road
Singapore 178899
MSc in Applied Finance Course Lee Kong Chian School of Business at Singapore Management University
Fixed Income Analysis
This course focuses on the fixed-income markets and basic analytical tools used in analysing fixed income securities. Features of fixed-income securities and credit rating will be covered in detail. Topics on basic analytical tools include: interest rates and yield-curve mathematics, duration analysis and convexity. Theories on the term structure of interest rates will also be discussed.
Course of MSc in Applied Finance Lee Kong Chian School of Business at Singapore Management University
Financial Modeling
Managers very often need to make important quick decisions. These are usually difficult to justify without a good model and thorough analysis. This course focuses on helping students learn to use spreadsheets as effective tools in financial modeling. Through practices in class, students will be able to develop on their own spreadsheet models, covering representative topics from corporate finance to investments planning and analysis, to analyze trade-offs and sensitivities, and understand implications of uncertainties and risks. The key emphasis
Course of MSc in Applied Finance Lee Kong Chian School of Business at Singapore Management University
Corporate Risk Management
This course examines techniques and issues in corporate credit risk analysis. The various economic, business and financial factors that affect corporate credit quality will be discussed, as will the evaluation of a corporation’s debt servicing ability and likelihood of default. Topics will include: business and financial risk analysis, debt covenants, seniority and security structures, parental support, structural subordination, credit scoring and credit rating models, recovery prospects, credit analysis of multi-business conglomerates, and structured finance. Practical illustrations and case studies will be used
Lee Kong Chian School of Business at Singapore Management University
Programme Duration
The MSc in Wealth Management programme is an intensive and structured programme with 5 modules. Each module requires a residential study period of 2 full weeks. Over 12 months, participants will complete 21 courses including an Advanced Study Project (ASP), to meet the academic requirements of the MSc in Wealth Management Degree awarded by the Singapore Management University.
In brief,
Total programme duration: 12 months
5 modules with duration of 2 weeks each