Lee Kong Chian School of Business at Singapore Management University
Simulated Trading Room
The Simulated Trading Room (STR) is located at the Concourse within the SMU main campus, near the Computer Centre and other academic laboratories. The stand-alone terminals at the STR can be linked to a dedicated computer server for interactive trading in securities or investment simulation.
The main purpose of the STR is to allow faculty members 11 August, 2006data to contextualise market conditions. Up-to-the minute financial data can be flashed on a projector screen, the upfront LCD screen, and each of the computer terminals. This infrastructure allows students to monitor news, observe actual market price movements, and make investment decisions as events unfold.
Appropriate software may be pre-installed for portfolio optimisation or share trading. SMU has acquired a number of databases, including Thomson, University of Chicago ’s Centre for Research in Security Prices (CRSP), and hedge fund commercial data. From these data sources, faculty members and students can extract financial information for learning and research.
The STR will be useful for computer-based learning or computer-aided teaching. It is well-equipped to facilitate e-Learning and host investment simulation games, such as the “Financial Game Challenge”, for stock selection and “The Bourse Game”, for foreign exchange trading.
Students may use the STR for their assignments, term papers and investment games while faculty members may use the STR for their research and teaching. .
Tags: computer, contextualise, Courses . Programs, Learning, Lee Kong Chian School of Business, MSc in Finance, price, research, server, Simulated Trading Room, Singapore Management University, Thomson, trading
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Lee Kong Chian School of Business at Singapore Management University
Information Economics in Finance / Market Microstructures
This course will introduce both the theory and empirical analysis of information economics and market microstructure. Topics include rational expectations and dynamic rational expectations models, information asymmetry and market imperfections, inventory models, Kyle's model on strategic traders, noise, and risk neutral specialists, insider trading, bid-ask spread, liquidity, information disclosure, trading mechanism, speculative bubbles, and investor herding behaviour.
Nanyang Business School at Nanyang Technological University (NTU)
B8260 Treasury Management *
Pre-requisite:
B6005 Financial Management
Focuses on the practical aspects of treasury management in corporations and financial institutions. The course will cover trading strategies in foreign exchange, money market instruments and derivative products and risk management controls in treasury operations in corporations and financial institutions. Practical trading sessions will be conducted in our Simulated Trading Room
Course of MSc in Applied Finance Lee Kong Chian School of Business at Singapore Management University
Derivatives Analysis
This module introduces the concept of derivative pricing based on the idea of an arbitrage-free market. Basic derivative instruments such as forwards, futures, options, and swaps will be covered. Valuation models for forwards and the Black-Scholes model for options will be studied. The difference between forwards and futures will be discussed. The module contents will also address the hedging issue and the trading issue. From a hedging perspective, option Greeks, interest rate and currency swaps versus exposures, and forward-spot basis risks will be
Lee Kong Chian School of Business at Singapore Management University
International Trading Track (ITT)
In july 2006, SMU launched a new Internatinal Trading Track (ITT) under the Bachelor of Business Management Programme. Students interested in the ITT are required to pursue Finance as a major. The track is supported by International Enterprise (IE) Singapore and to date has attracted over S$1 million in funding support fom top international trading firms. The fund will be used to provide internships, industry collaboration, scholarships, study resources and networking visits. Students under this track must participate in the Industry Study Mission where they will visit
Lee Kong Chian School of Business
Singapore Management University
50 Stamford Road
Singapore 178899
Lee Kong Chian School of Business at Singapore Management University
Career Skills
Choose Career Skills: The Finishing Touch, and one of the following:
Negotiation
Social Intelligence for Enhancing Interpersonal Skills
Conflict Resolution
Negotiation Skills for Business
Leadership Skills and Practices
Lee Kong Chian School of Business at Singapore Management University
The Business Options component in the BBM curriculum allows students to choose 3 other business courses offered by the School under Business Concentration, Global & Regional Studies and Technology & Entrepreneurship. Students may also opt for an Independent Study or take approved courses from other schools.
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
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.
Lee Kong Chian School of Business at Singapore Management University
Foundation Courses
The foundation courses provide students with a basic background in math and economics. Students who have obtained good grades in these courses taken previously may be eligible for exemptions.
1. Calculus
2. Introductory Economics
3. Academic Writing (For students admitted in AY 2008/2009 onwards)
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.
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
Course of MSc in Applied Finance Lee Kong Chian School of Business at Singapore Management University
Hedge Fund Management
This course will provide an overview and a framework for hedge fund management. Topics will include: hedge fund objectives, institutional features, statistical and econometric concepts, hedge fund strategies, fund of hedge funds, risk management, performance measurement and compensation issues.
Lee Kong Chian School of Business at Singapore Management University
Global & Regional Studies
Choose International Economics, and one of the following:
International Business
Law & International Business
Business Study Mission (BSM)
Tax Planning
Economic Development in Asia
Doing Business in China : Communication and Business Approaches
Intellectual Property Rights
Global Financial Risk Management
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.
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
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.
Lee Kong Chian School of Business at Singapore Management University
Business Core
The Business Core grounds students in the theories, concepts and working tools that are essential for operating in a modern business environment.
1. Business Law
2. Business Processes
3. Finance
4. Financial Accounting
5. Management Accounting
6. Management of People at Work
7. Marketing
8. Management Science
9. Introductory Statistics A or Introductory Statistics B
10. Strategy
Lee Kong Chian School of Business at Singapore Management University
Course Details
The 4-year BBM degree programme aims at developing well-rounded individuals who are schooled in a range of diverse subject areas. Each student must complete 36 courses* from all the subject areas. Each subject area covers a list of courses, from which the student chooses his/her preferences according to interests and pace.
*Students admitted before AY 2008/2009 must complete 35 courses from all the subject areas
Lee Kong Chian School of Business at Singapore Management University
Management
Compulsory Courses
1. Entrepreneurship & Business Creation
2. Entrepreneurial Management
3. Any 3 Management Electives under the subject area of MGMT (i.e. course code starting with MGMT)
Examples of Management Electives :
1. Entrepreneurial Finance
2. Power & Practice of Leadership
3. Business Study Mission
4. Seminar in Management Research Methods
5. International Business
6. New Product Development
7. Management of Creative Industries
8. Corporate Governance
Lee Kong Chian School of Business at Singapore Management University
Operations Management
Compulsory Courses
1. Supply Chain Management
2. Service Processes
3. Any 3 Operations Management Electives under the subject area of OPIM (i.e. course code starting with OPIM)
Examples of Operations Management Electives :
1. Project Management
2. Manufacturing Planning & Control
3. Globalization and Business Process Outsourcing
4. Logistics and Distribution Management
5. Computer Simulation
6. Warehouse Management
Course of MSc in Applied Finance Lee Kong Chian School of Business at Singapore Management University
Corporate Strategy & Financial Performance
Today’s financial analysts need to appreciate the impact that a strategy-focused organisation will have on the bottom line. This course will concentrate on building strategy maps and the know-how of translating strategy to operational terms. Different corporate strategies will be examined and a model developed to measure the performance of effective strategic planning. This will result in some appreciation of the balanced scorecard and the linking of metrics with goals.
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.
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.
Course of MSc in Finance Lee Kong Chian School of Business at Singapore Management University
Research Foundation Courses
Four research foundation courses are given in Term 1.
Econometrics
Microeconomics
Corporate Finance
Empirical Finance
Each course meets three hours per week during the Term.