The degree of Bachelor of Commerce (Finance) is specifically designed to provide students with a sound theoretical and practical knowledge of all the key business-related areas in Finance. Graduates will be equipped for a career in stockbroking, financial services and business.
Each level of study consists of 120 credits. Upon completion of 360 credits for all 3 levels, the student would be entitled to the Bachelor of Commerce (Finance)
1. Principles of Accounting
2. Business Statistics
3. Principles of Economics
4. Principles of Management
5. Money and Monetary Systems
6. Principles of Banking and Law
7. Lending Principles and Practices
8. Principles of Banking and Finance
MODULES:
1. Organizational Behaviour
2. Credit Risk Analysis
3. Financial Markets and Institutions
4. Human Resources and Cross Culture Management
5. Banking Operations
6. Corporate Finance
7. Supervised Project Assignment
MODULES:
1. Macroeconomics for Business & Government
2. Managing Financial Institutions
3. International Finance
4. E-Finance
5. Finance Theory & Applications
6. Portfolio Management
7. Financial Markets
8. Credit Analysis and Lending Management
ENTRY REQUIREMENTS Singaporean / PR
2 GCE ‘A’ level with a pass in General Paper;
or
5 GCE ‘O’ level with a pass in English;
or
EASBTM Foundation Programme;
and
All applicants must be at least 16 years of age at time of application
International Students
High School Certificate or equivalent
or
EASB Foundation Programme
and
Proficiency in English Language
(Minimum EASB ETEDP Level 1 / IELTS 4.5 / TOEFL 475)
and
All applicant must be at least 17 years of age at time of application
ENTRY REQUIREMENTS Singaporean / PR
Relevant EASBDiploma
or
Polytechnic Diploma
or
Equivalent academic qualification from a recognized higher learning institution
and
Must be at least 17 years of age at time of application
International Students
Relevant EASB Diploma
or
Polytechnic Diploma
or
Equivalent academic qualification from a recognized higher learning institution and
and
Proficiency in English Language (Minimum EASB ETEDP Level 2 / IELTS 5.0 / TOEFL 500)
and
Must be at least 18 years of age at time of application
ENTRY REQUIREMENTS Singaporean / PR
Relevant EASB Advanced Diploma
or
Relevant Polytechnic Diploma
or
An equivalent academic qualification from a recognized higher learning institution
and
At least 18 years of age at time of application
International Students
Relevant EASB Advanced Diploma
or
Relevant Polytechnic Diploma
or
An equivalent academic qualification
and
Proficiency in English Language (Minimum EASB / ETEDP Level 3 / IELTS 6.0 / TOEFL 550)
and
At least 19 years of age at time of application
All prices are subject to prevailing Goods & Service Tax (GST) of 7%.
PROGRAMME OBJECTIVE
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To equips students with the skills to apply scientifically-based techniques to finance-related problems.
Students learn to understand a broad range of finance areas including business finance, stockbroking, investment management, international financial management and financial economics. identify, analyse and solve problems in different decision contexts.
To think constructively and logically in finance industry.
Able to learn and make effective and creative use of modern technologies in the financial sectors.
This course is designed to enable students to acquire basic skills of company accounting.
Topics covered include the application of accounting entries for setting-up a company, alteration of capital, mergers, take-over, amalgamations; tax effect accounting; the presentation of accounts including consolidated statements for holding companies, (including foreign subsidiaries and associated companies); liquidations of companies; and equity accounting for associate companies. Formerly ACC3115.
This course has been written with the intention of providing a systematic analysis of a representative range of analytical issues in international finance and investment against the background of global financial markets. The course initially examines the international monetary system and analyses exchange rates, their determinants and their relationship to significant economic factors. The remainder of the course adopts the investment, financing and dividend decisions of firms and applies them to an international setting.
This course provides an understanding of basic statistical concepts and gives practice at some of the methods and skills necessary for students in business, commerce, psychology and the physical sciences to collect, appraise, present, analyse and interpret data. Students are introduced to the basic concepts involved in descriptive and inferential statistics. Emphasis is placed on understanding the basic concepts and principles of dealing with data. Because these concepts and methods are interdisciplinary in nature, students will encounter problems from many sources including their own area of interest. The use of statistical software is a core component of the course. The mathematical underpinnings of the methods used are not covered. Other statistics courses deal with this aspect.
This subject is designed to give students an understanding of the finance-related issues which are central to the success of all e-business. It provides an overview of e-commerce, including new developments such as logistics and RFID[WHAT DOES RFID STAND FOR], wireless commerce and broadband, then looks at security issues, protocols and developments (for example, biometrics) and the related issue of risk, and also covers finance related topics such as payment systems and payments clearing, banking systems and issues, corporate systems and software, electronic financial markets, and aspects of government policy and strategy.
This course extends the material presented in FIN1101 and also introduces further more advanced theory and applications thereof. Firstly, some fundamental issues in finance such as the consumption/investment trade-off and the interaction of that decision with capital markets (under conditions of certainty) are introduced. The arithmetic of mean-variance portfolio theory is then presented. This allows portfolio theory to be developed, which then leads into the presentation of the related capital asset pricing model together with two important applications. The net present value methodology is then extended into the new and more sophisticated area of real options. The valuation of real options is further developed by way of the binomial pricing process. The important 'existence' issue of an optimal capital structure is then examined by way of the propositions resulting from Modigliani and Miller's analysis together with some alternative theories of capital structure. Empirical evidence on capital structure is examined and the various theories of capital structure assessed from a practical point of view. Various methods of evaluating the levered firm are then developed with particular emphasis given to the incidence of taxes in a dividend imputation tax system. Finally, the interesting and important area of mergers, acquisitions and governance is explored.
The aim of this course is to offer the traditional coverage of computer concepts, but through placing the content within the context of business and information systems, to enable students to effectively apply business computing systems as support tools within their study programme and profession. The course will explore fundamental concepts including: how business computing systems are involved in organisations; hardware and software usage within businesses; telecommunications and internet technologies, including intranets, extranets, and e-commerce; specialised business computing systems, including artificial intelligence, expert systems, and virtual reality; systems development; and security, privacy, and ethical issues. In addition, students will be exposed to a range of business information systems and tasks including presentation tools, database querying and manipulation and report generation, and business analytical spreadsheet usage.
This course is not suitable to be undertaken as an elective under the Bachelor of Laws programme. This course is designed to introduce students to the impact of law on business. To do this it commences with a review of the components of the Australian legal system, the judicial process and the means by which disputes are resolved or litigated. Civil liability in contract law, negligence and other tortious actions are examined in some detail. Criminal law is also briefly covered as well as the law of agency.
This course provides a broad appraisal of Authorised Deposit Taking Institutions (ADI), and the associated decision making processes of the financial services sector in Australia. A range of topics is addressed including: the Australian financial environment; understanding financial statements; evaluating returns, risks and performance; the yield curve and gap management; the management of liabilities, liquidity, the securities portfolio and capital; managing loan portfolios and hedging and pricing with various interest rate derivatives.
The current trend in the funds management industry is away from security analysis (stock picking) and towards asset allocation (managing the balance of equities, bonds, cash etc). The former, which may be called investment management, has been surpassed in importance by the latter, which may be called portfolio management. Portfolio management is important to both individuals who manage their own personal assets and managers who manage the assets of others. This course aims to cover the important aspects of portfolio management. Coverage includes: the construction of the portfolio and importance of investment objectives and policies; the management of the portfolio including the selection of assets, the utilisation of modern portfolio methods and the revision of the portfolio; and the protection of the portfolio through the use of derivatives. Emphasis is placed on the analytical aspects of portfolio management and the decision making process to enable students to apply the established theories and models in the financial world.
Each module is assessed by academic work comprising written assignments, case study reports, essays, examination as determined by the subject profile. The assessment criterion varies from module to module and level to level.
Generally the curriculums for all levels are taught over 4 terms of 12 weeks. Modules are conducted in formal instructor-led classroom sessions where students are introduced to the course discipline. Each term will cover 2-3 modules with 50 contact hours per module. Lectures are 2-hour sessions and Tutorial 3-hour sessions weekly.
East Asia Institute of Management, EASB, is in the first batch of PEIs to be awarded the 4-year EduTrust Certification by the Council for Private Education. EduTrust certification recognises PEIs that have robust academic systems and processes, and have attained quality standards in the delivery of education.
EASB has adopted both the escrow bank account and insurance scheme for the protection of total fees paid by all students as required under the EduTrust Certification Scheme.
EASB has in place a mandatory group medical insurance policy as required by the Council for Private Education for all students’ hospitalization and treatment throughout their course duration. In addition, EASB has a group personal accident insurance coverage for all students.
EASB has adopted the standard PEI-student contract.
For more information on EduTrust for Education, please visit our website at www.easb.edu.sg. Alternatively, you can visit the official CPE website at www.cpe.gov.sg
Academic Programmes 