SYNOPSES - Singapore Polytechnic

SYNOPSESBA2032Financial Market Regulations& PracticeProvides an understanding of the regulatoryframework and the participants of thestockbroking industry. Key topics include theroles of governing bodies, the duties of thedealer, trading and backroom operations,dealing ethics, the various trading offences,corporate disclosures, listing requirements andthe different methods of share offerings.BA2033Fundamentals of FinanceFocuses on principles of modern financialmanagement, covering the role of financialmanagers and issues they face, e.g. agencyproblem etc. It introduces financial conceptsof time value of money, breakeven/leverages,cash budgets and applies them in financialplanning as well as in current asset andliability structure decisions.BA2034Corporate FinanceFocuses on basic tenets in financialmanagement such as risk-return concepts,valuation models and strategic long-terminvestment and financing decisions. Capitalbudgeting techniques under certainty and riskas well as special topics in financial decisionson dividend policies, economic value added(EVA), management performance indicatorsand mergers, etc. are included.BA2041Fixed Income AnalysisProvides an overview of the fixedincome market, examines the investmentcharacteristics of fixed income securities(namely duration, pricing, return measuresand convexity) as well as analyses bondportfolio strategies. Structure of interest rates,yield curves and general principles of assetand liability management are also examined.BA2045Financial PlanningIntroduces the students to the principlesand current practices of personal financialplanning. It provides an overview of riskmanagement, insurance planning, taxplanning, retirement planning, estate planningand credit management. The FinancialAdvisers Act that governs the practice offinancial planners is also introduced.BA2046Financial Markets & InstitutionsDeals with the features and activities in thefinancial markets of Singapore and the world.Students will be able to understand theroles and operations of financial institutionsand other key market players, appreciatethe roles of regulatory bodies, including theCentral Bank (MAS) in the current trend ofderegulation, competition and globalisation,and understand the nature, activities,instruments/products and services of variousfinancial markets namely, primary andsecondary markets, money markets, capitalmarkets and derivatives markets.BA2047Banking LawAims to help students understand thelegal relationship between a bank and itscustomers, the duties of a bank and of thecustomer, the nature of cheques, the rightsand liabilities of the parties to cheques andthe bank’s role as a paying and collectingagent. Students will also learn the legalaspects of lending operations, methods ofobtaining security, the enforcement rights of abank, the implications of judicial managementand the legal principles of insurance in relationto security taking.BA2048International Trade Finance& DocumentationCovers the functions and use of tradedocuments, trade terms, the variousmethods of payments in trade, the risksfaced by traders in international trade andthe different types of counter trade. Inaddition, students are taught the InternationalChamber of Commerce (ICC) “Uniform Rulesfor Collection” and “Uniform Customs andPractice for Documentary Credits”.BA2049Credit Risk Analysis& ManagementIntroduces students to the basic conceptsof the various credit functions in a bankin the context of lending to consumers,individuals and corporations. Features ofvarious consumer and corporate loan facilitieswill be introduced. Students will be ableto understand the credit administrationfunction in a bank and the major causesand management of problem loans andthey will be equipped with practical toolspertaining to consumer and corporate creditrisk analysis including financial, business andindustry analysis.BA2050Wealth Advisory Process &Relationship SkillsDeals with the sales and relationshipskills necessary in wealth advisory andmanagement. Topics will cover the clientmarketing process from a non-technicalangle. Students will be taught from thepre-customer acquisition groundwork phaseright through to the after-sales serviceand relationship deepening aspects. Thesewill include identifying a client’s preferredapproach, networking and sourcing forcontacts, understanding social protocolsand communication skills, making a salespresentation and negotiating with a client andlastly, the account management scope.BA2051Financial AuditingIntroduces students to the basic conceptsand environment of auditing, covering theaudit process, responsibilities of the auditor,audit evidence, objectives, materiality andaudit risks. Includes the writing up of auditprocedures for test of details of balances, finalaudit procedures and the audit opinion.BA2052Financial Products ProcessingIntroduces to students how foreign exchange,derivatives and securities are tradedinternationally. Students will be skilled in theprocessing of these trades from their inceptionto their final settlement. The monitoring andmitigation of credit and settlement risks willalso be introduced.BA2053Credit & Loan ProcessingCovers an overview of the various types ofconsumer products and corporate creditfacilities including credit cards, housingloans, revolving credit lines, working capitalfinancing and other structured corporatedebt. Provides a working knowledge onthe processes involved from the pointof application, credit approval, loandisbursement and subsequent monitoringand reviewing.BA2054Financial Informatics ProjectProvides students an opportunity to integratetechnical skills and banking and financeknowledge they have acquired from thecourse, and experience problem solving,communication and working as a team todevelop an e-business proposal.BA513ZFinal Year ProjectA supervisor will be assigned to each projectgroup for this module. Students are requiredto apply what they have learnt in the courseto tackle their companies’ marketing related244 Singapore Polytechnic Prospectus 2008/2009