Master of Corporate Governance

Programme Structure

• Students must complete 9 Compulsory Subjects (27 credits) and 1 Elective Subject (3 credits).
• A total of 30 credits are required for the Master of Corporate Governance award.
• Normally, students take two subjects in each of Semesters 1 and 2, and one subject in the Summer Term.
• Classes are normally scheduled on weekday evenings and/or Saturday afternoons.

Year 1 (15 credits)

The first semester will offer two compulsory subjects, "Corporate Financial Accounting" and "Corporate Law". The subject "Corporate Financial Accounting" aims at providing students with knowledge of accounting theories and financial reporting practice applicable to companies in both Hong Kong and the Mainland. The subject "Corporate Law" will provide a sound knowledge of corporate law in Hong Kong and an appreciation of corporate structure and regulations in other jurisdictions. This subject will enable students to appreciate the inter-connection of the legal framework with other disciplines which together constitute corporate governance.

In the second semester, two compulsory subjects, "Corporate Taxation and Tax Planning" and "Organisation Management and Strategy" will be offered. The subject "Corporate Taxation and Tax Planning" will provide students with concepts of taxation and tax planning so that they can advise on the tax implications of decisions in corporate governance. The subject "Organisation Management and Strategy" aims to equip students with knowledge and understanding of key principles and practices in management for the strategic contexts of the professional and executive role.

The summer term will offer the compulsory subject "Managerial Accounting and Information Systems". This subject will provide students with the knowledge of key issues in managerial accounting and information systems associated with corporate governance. The subject will enable students to appreciate and participate in the controlling and decision making process of business entities.

• Semester 1
  • AF5141 Corporate Financial Accounting+
  • AF5520 Corporate Law+
• Semester 2
  • AF5213 Corporate Taxation and Tax Planning+
  • MM533 Organisation Management and Strategy+
• Summer Term
  • AF5231 Managerial Accounting and Information Systems

Year 2 (15 credits)

Two compulsory subjects, "Corporate Governance" and "Corporate Administration" will be offered in the first semester. These two subjects together will instill students with the knowledge and key skills necessary for best practices in corporate governance and in handling the responsibilities of corporate administration in corporate management. The subjects will enable students to appreciate the corporate governance systems of Hong Kong companies as well as the features of the corporate governance systems of the Mainland companies and the requirements of the legal and regulatory environment in corporate administration and compliance.

The compulsory subject "Corporate Finance and Policies" will be offered in the second semester. The subject will equip students with modern theories of corporate finance and the knowledge of the financial aspects of business entities with particular emphasis on the area of planning and implementation of corporate financial strategies and policies.

The final compulsory subject "Contemporary Issues in Corporate Governance" aims to expose students to the state-of-the-art issues in corporate governance and, in recognition of the dynamic nature of corporate sector reform in Hong Kong, on the Mainland and in the worldwide.

• Semester 1
  • AF5930 Corporate Administration+
  • AF5510 Corporate Governance
• Semester 2
  • AF5337 Corporate Finance and Policies
  • Elective Subjects^ (any one):
    • AF5336 Business Risk Management
    • AF5338 Securities Regulations and Practice
    • AF5220 Strategic China Tax Planning and Management
• Summer Term
  • AF5521 Contemporary Issues in Corporate Governance

^ Not all subjects will be offered each year and it is subject to staffing resources and student enrolment.

+ These subjects of this programme have been included in the list of reimbursable courses under the Continuing Education Fund. The mother programme (Master of Corporate Governance) of these subjects is recognised under the Qualifications Framework (QF Level[6]).

On completion of the MCG programme, graduates will be able to:

• Appreciate the importance of business ethics pertaining to various corporate governance issues;
• Comprehend best practices in respect of corporate governance, as required to achieve higher standards of corporate behaviour;
• Develop a critical law and regulation insight and appreciate the role of law and regulation in corporate governance;
• Apply the corporate accounting and finance concepts and financial reporting practices in accounting and financial planning, control and decision making;
• Comprehend and appreciate management accounting controls, information systems, principles of organization and strategy theories and their application to corporate management;
• Explain and apply current Hong Kong taxation law and practices to advise on tax implications in corporate management and decision making;
• Comprehend and appreciate the legal aspects involved in company matters, the corporate governance system and boardroom dynamics of both Hong Kong and PRC companies;
• Explain and apply different approaches to advise stakeholders on the use of risk frameworks to appraise, evaluate and support risk management at the board, company and group levels;
• Demonstrate an understanding of the applications and implications of technologies such as artificial intelligence, blockchain, big data, etc. on various corporate governance issues; and
• Fulfill exemption requirements of relevant professional bodies, including The Chartered Governance Institute, and The Hong Kong Chartered Governance Institute (HKCGI).