This programme covers fundamental theories with practical cases.  It consists of 3 modules; each module has 30 contact hours of teaching.

Module 1 : Business Valuation & Financing
Module 2 : Due Diligence, Tax and Accounting Issues in M&A
Module 3 : Strategic Issues of M&A

Module 1 : Business Valuation & Financing (Course Content)

This course is designed to provide students with an understanding of the methods of business valuation. Topics include: an overview of the financing process, the pros and cons of using financial ratios and interpretations of financial statements, as well as a review of the shortcoming of capital budgeting tools.

The objectives of this module are to:

1. provide students with applied knowledge and skills that strengthen their ability to carry out their understanding of how financial analysis and valuation analysis are used in the sector of investment banking, especially in corporate finance and investment management;
2. help students to develop basic financial models for valuation, which they can later enhance independently; and
3. build up confidence of students in their use of PowerPoint and Excel spreadsheet, one of the more popular and widely utilized computational tools for valuation, financial analysis, management, and decision-making in many business environments.

On successful completion of this module, students should be able to:

1. applying finance theories and techniques to assist with common valuation methodsininvestment banking field;
2. using quantitative skills in financial analysis to solve operational and technical problems of the kind that typically confront valuation exercise; and
3. constructing simple Excel spreadsheets and PowerPoint Presentation in business valuation process

Module 2: Due Diligence, Tax and Accounting Issues in M&A (Course content)

This course is designed to provide students with an understanding of the accounting and tax aspects of the M&A process. Topics include accounting for M&A with respect to consolidation, assessing value of assets and liabilities of M&A. Other major topics include tax planning and foreign exchange impact on M&A with particular reference to cross-border transactions.

On successful completion of this module, students should be able to:

1. evaluate and conduct due diligence process in M&A transaction;
2. critically analyse accounting methods in M&A;
3. assess value of assets and liabilities of M&A;
4. critically analyse tax planning and foreign exchange impact in M&A with particular reference to cross-border transaction.

Module 3: Strategic Issues of Merger and Acquisition (Course Content)

This course is designed to provide students with an overview of the various aspects of the merger and acquisition (M&A) process. Topics include M&A strategic, M&A transaction process, deal structuring, post-merger integration, and cross-border M&A.

On successful completion of this module, students should be able to:

1. identify the motives underlying a takeover/merger deal;
2. explain the reasons why a company repurchases its own shares;
3. examine causes and consequences of takeovers;
4. debate the role of the Corporate Raider;
5. examine causes and consequences of Management Buyouts;
6. appreciate issues of Executive Compensation and Corporate Ownership;
7. understand Corporate Governance.

Students' performance in each course shall be assessed both by continuous course work assignments (30%) and a final project (70%).

In order to pass each course, student is required to meet 70% attendance requirement and achieve 50% or above in the overall assessment. A Statement of Attendance will be granted for candidates who satisfied the first criteria only.

Business Valuation & Financing 

Remarks: Tentative timetable is subject to change and course commencement is subject to sufficient enrollment numbers
 

Strategic Issues of Merger and Acquisition

Remarks: Tentative timetable is subject to change and course commencement is subject to sufficient enrollment numbers.

Due Diligence, Tax and Accounting Issues in M&A

Remarks: Tentative timetable is subject to change and course commencement is subject to sufficient enrollment numbers

.

Applicants shall hold:

a)   a bachelor’s degree awarded by a recognized University or equivalent; or

b)   an Associate Degree/ a Higher Diploma or equivalent, and have at least 2 years of relevant working experience.

Applicants with other qualification and substantial senior-level work experience will be considered on individual merit.

**Please upload copy of HKID and proof of degree while applying online. 

• The CEF Institution Code of HKU SPACE is 100

For CEF application details, please visit http://www.wfsfaa.gov.hk/cef/en/index.htm

	Continuing Education Fund Reimbursable Course (selected modules only) Some modules of this course have been included in the list of reimbursable courses under the Continuing Education Fund.
	The Office of the Continuing Education Fund does not have record of registration of this course under the Qualifications Framework* *This course is CEF reimbursable before the establishment of the Qualifications Framework

Online Application Apply Now

Application Form Application Form

Application Procedure

Applicant should submit the following:

1. Application form

2. Application fee HK$150 (non-refundable)

3. Copy of academic/ professional qualification

4. HKID copy

Admission is on a first-come, first-served basis. Enrolment will be confirmed once you have made the payment. You will receive a payment confirmation after payment has been made processed successfully. You are advised to keep your payment confirmation for future enquiries.

Upon successful admission into the programme, students are required to follow the enrolment procedure:

1. Enrolment form
2. Enrolment fee

Late applications /enrolments are subject to program leader’s approval and possible late payment charges.

1. Cheque or Bank Draft

Course fees can also be paid by crossed cheque or bank draft made payable to "HKU SPACE". Please specify the programme title(s) for application, student's name, and student card number (if applicable). You may either:

• bring the completed form(s), together with the appropriate course or application fees in the form of a cheque, and any required supporting documents to any of the HKU SPACE enrollment centres.
• or mail the above documents to any of the HKU SPACE enrollment centres, specifying 'Course Application' on the envelope. HKU SPACE will not be responsible for any loss of payment sent by mail.

2. VISA/MasterCard

Applicants may also pay the course fee by VISA or MasterCard, including "HKU SPACE MasterCard", at any HKU SPACE enrollment centres. Holders of HKU SPACE MasterCard can enjoy a 10-month interest-free installment period for courses with a tuition fee of HK$2,000 to $40,000; however, the course applicant must also be the cardholder himself/herself. For enquiries, please contact our staff at any of the enrollment centres.

Notes

1. For general and short courses, applicants may be required to pay the course fee in cash or by EPS, Visa or MasterCard if the course is to start shortly.
2. Fees paid are not refundable except under very exceptional circumstances, subject to the School's discretion.
3. In addition to the published fees, there may be additional costs associated with individual programmes. Please refer to the relevant course brochures or direct any enquiries of the relevant programme teams for details.
4. Fees and places on courses cannot be transferred from one applicant to another. Fees quoted in this brochure apply only to the sessions of studies specified within the brochure and may be subject to revisions even after admission onto this programme. Once accepted onto a course, the student may not change to another course without approval from HKU SPACE. A processing fee of $120 will be levied on approved transfers.
5. Unless a course is over-subscribed or canceled, the following fees are not refundable: application fees, course fees, fees for re-sitting examinations, re-submitting course work, repeating studies and application for exemptions.
6. The School reserves the right to change the date, time and place of course meeting and to change the course lecturer/ tutor should be this be necessary.
7. Receipts will be issued for fees paid but HKU SPACE will not be responsible for any loss of receipt sent by mail.
8. For additional copies of receipts, please send a stamped, self-addressed envelope with a completed form and a crossed cheque for $30 per copy made payable to "HKU SPACE". Such copies will normally only be issued at the end of a course.