1. Tax & Business Strategy
Traditional finance and business strategy courses do not consider the role of taxes in decision making.Similarly,traditional tax courses often ignore the richness of the decision context in which taxes operate.The course objective is to develop a frame work for understanding how taxes affect business decisions.Effective tax planning requires the planner to consider the tax implications of a proposed transaction for all parties to the transaction.It also requires the planner,in making the investment and financing decisions,to consider not only direct taxes but also indirect taxes.Effective tax planning requires the planner to recognize that taxes represent only one among many business costs.In the planning process, all potential non-tax costs must be considered.
2. Financial Management
This subject aims to prepare students for effective and efficient planning and management of financial resources in Organizations.The subject introduces how a manager can utilize accounting and finance systems in decision making.An investigation of the firm’s acquisition and financial activities,to include working capital management,capital budgeting,capital structure strategies,and valuation theory.The practical application of financial policy is stressed for decision-making purposes.
3. Accounting Theory & Practice
The course seeks to equip students with knowledge in philosophical and axiomatic premises on which current accounting measurements and reporting are based. Basically,the course seeks to assist students to understand accounting policy choices available or under consideration for application within International Financial Reporting Standards as well as appreciate the importance of ethical reasoning and social and cultural considerations in professional accounting practice.
4. Financial Econometrics
Financial econometrics is a course designed to cover essential tools for working with financial data,including the return forecasting,volatility,and econometrics of asset pricing,such as testing the market models.It is designed to teach students howto accurately price financial instruments and estimate underlying models.The goal is that students become familiar with the issues at stake in empirical asset pricing,the methodologies used,the classic papers as well as the recent contributions,and be able to analyze and evaluate new research effectively.Finally,students are expected to acquire the skills to conduct and present original empirical research in finance.
5. Strategic Management Accounting
The module builds on management accounting techniques used by management to make certain key managerial decisions in business. This subject will teach students to use both basic and advanced management accounting concepts to make key managerial decisions of a type they would encounter in a senior management position in an international environment.
6. Corporate Strategy, Ethics & Governance
This subject is designed to equip candidates with the skills in the formulation,selection and implementation of corporate strategy. It acquaints candidates with the concepts and principles of strategic management and builds on their knowledge acquired from previous studies in the functional area of management to solve business problems/cases.Emphasis is on the ability of candidates to diagnose organizational problems and provide options for dealing with them.
7.International Auditing and Assurance
The module offers a structured approach to the conceptual and practical principles of auditing and other assurance engagements.It provides a real world perspective on current practices with coverage of current developments and techniques.This subject will introduce students to the major issues in auditing theory and practice.Also it will explain and analyse the nature of statutory audit and the key stages in the audit process and illustrate audit concepts with real-life cases.
8. Research Techniques in Accounting and Finance
The course seeks to equip students with knowledge in research techniques in the field of accounting and finance.Students are expected to gain practical experience in applying research methods.Clear understanding of research terminology; designing and conducting research projects and formulating a research problem and related hypotheses are what the course seeks to achieve.
9. Financial Markets & Institutions
This course will provide students with an introduction to financial markets and an evaluation of the institutions,instruments and participants involved in the industry.The mainstream markets to be evaluated include the equity,money,bond,futures,options and exchange rate markets.The subject systematically reviews each of the mainstream financial markets and investigates the various institutional participants and the different types of financial instruments offered.
This module is targeted at students interested in understanding the pricing of derivative securities, specifically options.Applications are used to reinforce a rigorous development of arbitrage theory that underpins the pricing of derivative securities.The module aims to provide a profound understanding of derivative securities including forwards,futures and options. Provide the technical appreciation of the strengths and weakness of derivative pricing models. Sensitize the student to the quantitative nature of derivative markets.
11. Corporate Reporting
The course is designed to enable students apply knowledge,skills and exercise professional judgment in the application and evaluation of financial reporting principles and practices in a range of business contexts in Ghana and beyond.
12. International Finance
In today’s global financial markets and business activity,managers are increasingly concerned with decision making across borders and in a multi currency environment.This module examines currency markets and transactions, exchange rate systems and implications for exchange rate volatility,identification and management of currency risks that arise from international operations.It also examines issues that arise when firms seek financing outside their home markets.
13. Enterprise Risk Management
The aim of this module is to introduce the key principles of Enterprise Risk Management (“ERM”) within an organization (e.g. insurance companies, banks, and pension schemes). ERM involves the integration of risk management across an organization, rather than treating each individual risk which an organization faces separately.Students should gain an understanding of the implementation and application of ERM.
14. Investment Analysis
The module focuses on the analysis and valuation of bonds and equities.For bonds,the pricing and computation of yields are covered in addition to measurement and impact of duration and credit risk on prices.For equities,a top-down approach to analysis is taken, starting with macroeconomic and industry analysis before moving on to individual company analysis.Intrinsic and relative valuation methods are applied to company’s shares.
There are two broad objectives to the module: The first objective is to introduce students to academic research concerned with social sciences in general and accounting,finance and management research,in particular.The course will therefore enhance students’ knowledge of the research process and methodology and enable them to be aware of the problems associated with research.The second main purpose is to prepare students for their dissertations.Guidance will be given as to howto proceed with their research,the choices available to them and an awareness of problems they may face.