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​Up to two electives may be chosen from other taught postgraduate curricula offered by HKU Business School under the advice and approval of the Programme Directors concerned. Please refer to section at the end of this page for further details.

Elective Courses

Since the 1997-98 Asia financial crisis and the 2008-09 financial tsunami in the Western world, corporate governance and social responsibility have attracted widespread public attention in Asia. In the past few decades, Asian organizations have undergone dramatic transformations in their governance strategies. But, what are the characteristics of corporate governance in Asia? How are Asian businesses adapting their governance in response to the dynamic regulatory and business environment? What are the impacts? All of these questions are still under-explored. This is mainly because we do not fully understand our institutional and business environment and how these factors affect corporate governance. This course is designed to provide a theoretical framework to analyze these questions.

Financial accounting theory concerns the rules and incentives that form the basis of accounting practice and explains how accounting information matters for decision-making within firms and in financial markets. This course introduces the theoretical framework that underlies the concepts of asset valuation and income determination; discusses the roles of accounting in business valuation, market efficiency, and executive compensation and debt contracting; and explains how the economic consequences of accounting affect accounting policymakers and managers conducting financial reporting. While accounting rules are subject to changes due to the changing economic environment, a grasp of the theory that underlies the rules and the business context in which the rules are formulated is essential for understanding the forces shaping the demand for and supply of accounting information. The course also relates financial accounting theory to the real world by case analysis.

Significantly growing numbers of PRC companies are expanding into western markets. Multinational corporations are also eager to invest in China. Hong Kong is a location commonly used for these inbound and outbound investments. International tax planning with a China focus and using Hong Kong as a platform are important topics in the business world. This course aims to impart to students an understanding of global tax planning considerations and strategies, including the China Tax for relevant tax planning techniques. An effective global tax plan can minimize a corporate group’s overall tax liabilities, thereby maximizing its global group profits.

This course is designed to expand upon the principles of cost/management accounting learned in a basic course. Students can benefit from a review that takes a deeper look at the “basics”. In this course students will learn fundamental business analytics skills and apply to management accounting numbers. The course then explores more complex decision analyses, which often stress the importance of thinking beyond the numbers, and includes such topics as the following: understanding cost behaviors, activity-based costing, inventory management, pricing decisions, transfer pricing, budgeting, and performance measurement. Collectively, this provides students with a broad basis for understanding the comprehensive role of cost and managerial accounting.

This course introduces the basic topics of management. It provides the students with an understanding of what the job of a manager involves. In addition to covering the basic theoretical concepts, the course also allows the students to have some hands-on practice as an effective manager. Furthermore, this course has a strong emphasis on learning through real world examples. Upon finishing this course, students should have a solid understanding of (a) the contemporary issues faced by most managers today, and (b) the roles managers play in the process of attaining organizational goals.

This course introduces corporate finance topics, including capital budgeting techniques and financial and risk management. It identifies and provides a framework for analyzing the major financial decisions made by a firm. Issues addressed include asset valuation models, investment decision making, analysis of risk, financial planning, dividend policy, working capital management, sources of long-term finances and the cost of capital, and the financial mix for the firm. 

This course is designed to mirror the workplace and present students with real-world challenges. Students will complete a number of tasks and must demonstrate that they have the right technical, ethical and professional skills to add value to the organizations they work in.

This course focuses on how future accounting professionals can prepare for how new technologies will change the nature of their work. These lessons will apply for accounting, finance and other related professions. An improved understanding of the impact of new technologies is critical because accounting is frequently included as one of the industries with a high likelihood of being impacted due to new technologies.  To help students better navigate this process of change, the course will begin by introducing artificial intelligence, machine learning, blockchain, bots, OCR and other relevant technologies so students can develop comprehension and appreciation of such technologies.  Building on this foundation, the course will then explore specific applications of such technologies, their potential impact and the relevant business opportunities they present.  The course will be augmented by interaction with a number of accounting professionals, entrepreneurs and others that can share insight on how technological innovation provides an opportunity and not just a threat, as accounting evolves. Beyond learning new technologies and their business application, students should also develop additional career insight through the course.

Data analytics has brought tremendous changes to the world around us in the past decade and is fundamentally transforming the ways in which we live and work. Application of data analytics in Accounting can benefit accountants significantly, and accountants can address fundamental business and accounting questions by leveraging data analytics. This course on advanced data analytics in accounting will prepare students to apply data analytics in a systematic fashion to different domains of accounting and develop key skills required for an analytics mindset that are valued significantly by industry. The skills we will focus in developing are data preparation and understanding quality of data, performing descriptive data analysis, data manipulation, addressing business and accounting problems using statistical analysis, and creating visualizations that allow business users to see data with new insights.

 

The course will combine a mix of theory and hands-on-practice by utilizing real world datasets and case studies in the context of accounting areas such as Audit, Financial Accounting, Managerial Accounting, Forensic accounting, and Tax. Some of the specific areas that we’ll focus on are:

1)            How accountants can use audit analytics to aid risk assessment through identification of anomalies and trends?

2)            Utilization of analytics in financial reporting to provide better estimates of line items such as collectibles, write-downs, pension liabilities etc.?

3)            Identification of business risks and opportunities through news and social media analysis.

4)            Visualization techniques to identify patterns and anomalies in data such as employee expense claims, bill and hold.

5)            Text analytics on how firms use text in their annual reports, and does it help predict risk of financial irregularities.

*The above course list is subject to change in future intakes. 

 

MEcon / MFin / MFFintech / MGM / MSc(BA) / MSc(Mktg) Electives

You can take up to two electives from the Master of EconomicsMaster of Finance, Master of Finance in Financial TechnologyMaster of Global ManagementMaster of Science in Business Analytics or Master of Science in Marketing programme at HKU. Enrollment in electives from other programmes is subject to seat availability and approval by the Programme Directors concerned based on your profile, capabilities and performance in the MAcct programme.

Since enrollment in other taught postgraduate electives is not guaranteed, you should always choose four MAcct electives during the course enrollment in our programme. Course enrollment results of other programmes may only be confirmed after that course has started. If your enrollment is successful, you can drop the MAcct elective(s) and enroll in the other taught postgraduate elective(s).

It is your responsibility to make sure you obtain 72 credits to fulfill the graduation requirements and there is no overlapping of classes and exams in courses from different programmes.

*The list of available electives from other programmes may have prerequisite requirement(s) and is subject to change for future intakes.