in partnership with MSc Finance and AccountingReg: 252676 One year course with seven modules (180 credits) No.1 modern university in London* No. 8 modern university in the UK* No. 56 in the UK overall*
Contents Message from the Vice-Chancellor The University of West London launched its new Academic Centre in Hong Kong with the aim of bringing a range of high quality undergraduate and postgraduate courses to the people of the region. Message from the Vice-Chancellor 3 Why Study at the University of West London 4 About Hong Kong Nang Yan College of Higher Education 5 Message from Head of Department 7 Why Should you Apply for MSc Finance and Accounting? 8 Programme Structure 9 Timetable 11 Student Testimonies 12 Staff Profiles 13 Entrance Requirements 14 Further Information 15 Programme Fee 15 Financial Assistance 15 Application Procedure 15 The programmes include: MSc Finance and Accounting LLM International Business and Commercial Law MA International Tourism and Aviation Management MA Luxury Design Innovation and Brand Management MMus Performance Each is uniquely attractive in its own right and has been formulated by expert academics who bring an international perspective to every aspect of delivery. Of singular importance is the combination of theoretical principles and practical application which is woven seamlessly into all the course structures and materials. Our highly experienced teaching staff also bring a wealth of experience to their delivery all underpinned by high quality and relevant course resources. In addition, the courses are flexible in their arrangement and will equip all students with the requisite knowledge and skills needed for success in the modern workplace. Every student will also receive comprehensive personal attention and focused engagement that will inspire success. I do hope you will take up the opportunity to study on one of these excellent courses and I look forward to meeting you when you graduate in the very near future. Professor Peter John Vice-Chancellor * The Times/The Sunday Times Good University Guide 2018. A modern university is a university created after 1992. 2 3
Why Study at the University of West London in Hong Kong? About Hong Kong Nang Yan College of Higher Education Achieve a highly respected degree delivered and awarded by the No.1 modern university in London*: A UK degree (registered with the Hong Kong Education Bureau) delivered entirely in Hong Kong The qualification is awarded by the University of West London in the UK. We deliver this course in Hong Kong and the award you will receive will be exactly the same as the award currently received by students studying in the UK. The University of West London provides: A flexible timetable to suit your needs as one of our students The ability to complete a postgraduate qualification in one year (full-time) Competitive tuition fee and generous scholarships The programme is delivered by highly experienced local staff employed by the University and flying faculty from the UK. To improve your employability and career prospects: 97% of our students are in employment or further study (or both) within six months of graduating.** We aim to provide the best possible learning experience for our Hong Kong students supporting interactions with our London staff and students. * The Times/The Sunday Times Good University Guide 2018. A modern university is a university created after 1992. **HESA employment performance indicator 2017 Hong Kong Nang Yan College of Higher Education (NYC) was founded in April 2014 with the approval from the HKSAR Government in conformity with the Post-Secondary College Ordinance, Chapter 320 of the laws of Hong Kong. It owns two campuses which are well-equipped with the necessary teaching and learning facilities. The campuses allow for harmonious interaction between teachers and students. The programmes awarded by NYC range from Diploma, Associate Degree to Bachelor Degree levels. They have all been accredited by the Hong Kong Council for Accreditation of Academic and Vocational Qualifications (HKCAAVQ) and recognised the HKSAR Government. It is an honour for NYC to collaborate with the University of West London to host their programmes in Hong Kong. NYC provides teaching premises and offers administrative support to teachers and students. Students will be issued with student cards and email accounts from both UWL and NYC and they are eligible to have access to the physical Library of NYC and the e-library of UWL and NYC. They are also eligible to participate in the extra-curricular activities organised by NYC. 4 5
Message from Head of Department We are a diverse body of students and faculty who warmly welcome students from Hong Kong to The Claude Littner Business School community. We look forward to working with you and to help you achieve your ambitions. Dr Suresh Gamlath Dean 6 7
Why should you apply for MSc Finance and Accounting? Programme Structure The Claude Littner Business School offers a unique learning experience in which students work collaboratively with faculty and business organisations to achieve their ambitions. Our approach to business education is aimed at providing students a seamless transition from the world of education to the world of work, and creating real opportunities to develop as professionals and entrepreneurs. We are a career-focused institution that boasts one of the highest rates of graduate employability. Several of our former students have gone on occupying senior leadership roles in businesses both in the UK and worldwide. Our curriculum is practical, applied and continuously adapting to the changing needs of the global business environment. We are renowned for being among the very first British institutions to offer a degree in Business Studies. We continue to carry on that proud tradition of pioneering innovative courses by being the first British institution to offer a degree in Social Media Marketing. We believe in fostering a friendly and collegial working environment where students and their tutors work together towards achieving the ambitions of our students and upholding the high ideals of our Institution. We are ranked very highly for student satisfaction and learning experience. Semester 1 Corporate Financial Management () The module will develop further issues of accounting control and then focus on advanced corporate finance issues, the bond market, share valuations, foreign exchange strategies, derivative securities, portfolio theory and corporate valuation. The module will discuss both the theoretical and practical approaches to these issues as well as the relationship between financial markets, corporate financial policy and the real economy. It will assess the participant s understanding through the application of financial models and theory through a live case study. Capital Markets and Decisions under Risk () The module is a blend of theory and practice. Students will run a fictitious hedge fund with a pre-defined seed money and strategy; they will simulate trades under market conditions. Areas to be covered include: Theoretical underpinning of Capital Markets efficient markets theory and the behavioural challenge; Financial System and Capital Markets definitions, functions and evolution; Capital Markets players and instruments; Hedge fund industry. Corporate Responsibility () The module develops skills in the ethical analysis of business conduct. Contemporary concerns relating to the need for effective corporate citizenship and governance structures are also addressed and discussed, together with the causes of emerging calls for improved corporate accountability and social responsibility. 8 9
Timetable s Semester 1 Semester 2 Corporate Financial Management Capital Markets and Decisions under Risk Corporate Responsiblity Corporate Financial Reporting Business Strategy Management Decision Making Semester 2 Corporate Financial Reporting () The module covers the financial reporting principles and practices as it applies to a variety of business contexts and situations. Students will learn to apply knowledge, skills, and exercise professional judgement in such context. Business Strategy () This module focuses on company and organisation strategic analysis and decision making in the context of changing industry structures, and the uncertain business environment in which organisations function. The module examines theoretical and management issues underpinning a wide range of strategic debates relevant to modern organisations. An evaluation of differing approaches to strategy-making is explored in order to provide an informed and critical view of creative strategies at both a corporate and operational level. After introducing the module and strategy in general, this module examines common analytical tools and frameworks used for the purpose of strategic position identification. Management Decision Making () Optional This module aims to develop certain skills: The ability of understanding the concept of decision making and its importance; Understanding practical management decision making problems; Evaluate risk probabilities associated with various models of decision making; Gain confidence in dealing with real management problems. Dissertation (60 Credits) The dissertation provides students an opportunity to demonstrate their knowledge of a particular area in Finance and Accounting by completing an extended piece of self-managed research work, with guidance from their allocated supervisors. Research Methods seminars will also be provided. Its aim is to develop student s research abilities to establish research aims, research questions, testable hypotheses, collecting data, analysing and interpreting results. We expect a 15,000- word dissertation. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 One evening One evening The schedule is subject to change when needs arise. Dissertation or Project (60 credits) The student normally has a few months after the taught modules and relevant assessments are completed to write the dissertation. For those students who start in September 2018, they must submit the dissertation by 31 August 2019. An extension of up to one month is permissible upon request. Students will receive 15 hours individual supervision from their supervisors, at times to be mutually agreed. Saturday One evening One evening Saturday 10 11
Staff Profiles The School and tutors are very supportive, and you can get access to them whenever you want through email. My thinking has become so different it made me look more into what I can do and how I can fulfil my aspirations. I feel like nothing is impossible and you can do it with the help of the staff and lecturers. I would definitely recommend UWL to prospective students because it has a really good teaching team and they are all supportive and approachable. Karishma Sheth MSc Finance and Accounting Professor Chin-Bun Tse Headships of Department of Accounting and Finance I have extensive academic experience having previously worked at four UK universities. I held two professorships and Headships of Department or Accounting and Finance at the University of Bedfordshire and the University of Salford. My main research interest is corporate finance, particularly on dividend policy and capital structure decisions, where my publications in these areas have been widely quoted. During my academic career, I have developed a number of successful Masters programme (both full-time and distance learning), and worked on a number of international partnerships programme. Before my academic career, I was working in accounting and business advisory practice s in both Hong Kong and London at a senior level, dealing with complicated cases and working with CEO s, CFO s and Directors of companies of all sizes. Liana Hayrapetyan Lecturer in Finance and Accounting Liana obtained her MBA in Finance and Corporate Accounting from Simon School, University of Rochester, NY, USA and her MSc in Economics from Yerevan State University, Armenia. She is CFA Charter holder and brings in a wealth of real-world experience financial industry, entrepreneurship and consultancy. Her professional experiences ranges from large corporations to start-ups both in the UK and globally. Dr Piotr Konwicki Senior Lecturer in Finance With over 20 years of experience in both teaching and practicing finance; his PhD thesis on Technical Barriers to Trade between Poland and the EU became part of the Polish White paper during country s EU accession negotiations. His professional career includes Country Manager, Poland Director, Country Head, Poland and Central European Execution Head, Development/MandA Director, Senior Board Advisor. Piotr was the Project leader advising Polish Government on the sale of the tobacco industry (the largest sectorial privatisation in Central Europe. 12 13
Entrance Requirements Further Information A minimum of a 2:2 (second class) honours degree in the Accounting and Finance discipline; OR Appropriate membership of recognized professional accountancy bodies, e.g. ACCA Membership, ACCA Fellowship and ACCA Affiliate. AND English Language Proficiency Requirements: IELTS 6.5 or above (with a minimum of 5.5 for each of the 4 individual components (Reading, Writing, Speaking and Listening); Commencement date September 2018 Teaching venue Hong Kong Nang Yan College of Higher Education (325-329 Lai Chi Kok Road/ 176-178 Yee Kuk Street, Shamshuipo, Kowloon, Hong Kong) (Sham Shui Po Station Exit C2/ Nam Cheong Station Exit D1) (Close to Dragon Centre) Programme fee MSc Finance and Accounting: HK$80,000 Financial assistance Local students may apply for Extended Non-means-tested Loan Scheme (ENLS) of the Student Finance Office, Working Family and Student Financial Assistance Agency www.wfsfaa.gov.hk Scholarship available Application procedure To apply, visit: www.uwl.ac.uk/hongkong www.ny.edu.hk/uwl Documentary proof of proficiency in English, where applicable, e.g. result slip of IELTS with overall band score at 6.5 or above. An equivalent qualification such as TOEFL score 79-93, Level 4 in English Language of HKDSE, Trinity College London (ISE III Pass). 14 15
in partnership with Enquiries: 325-329 Lai Chi Kok Road, Shamshuipo, Kowloon, Hong Kong (Sham Shui Po Station Exit C2/ Nam Cheong Station Exit D1) (Close to Dragon Centre) (852) 3996 1028 (852) 3996 1011 (852) 5686 9299 uwl@ny.edu.hk www.ny.edu.hk/uwl www.uwl.ac.uk/hongkong The programme is registered under the Non-Local Higher and Professional Education (Regulation) Ordinance, Cap 493 of the HKSAR Government. It is a matter of discretion for individual employers to recognise any qualification to which this course may lead. The information contained in this brochure is correct at the time of printing. The University has the right to vary any information in the brochure at any time without notice. Please always refer to the website for updated information.