Postgraduate Courses
The following courses are restricted to HKUST EMBA students only. All courses are graded HP/P/LP/U/Y.
- IMBA 5020Management Strategy[2-0-0:2]Previous Course Code(s)IMBA 502Exclusion(s)MGMT 5410DescriptionConcepts and techniques for competitive environment analysis, SWOT analysis, strategic options; corporate strategy formulation and implementation, sustainability; competitiveness; dynamics of corporate strategy.Intended Learning Outcomes
On successful completion of the course, students will be able to:
- 1.Craft a strategic plan.
- 2.Analyze the current situation with different management tools and frameworks.
- 3.Foresee the future in multiple perspectives.
- 4.Create innovative strategies by different growth avenues.
- 5.Identify winning moves by considering the size-of-the-prize and competitive position.
- 6.Articulate new strategy for communication to align and create an action plan for implementation.
- IMBA 5030Accounting Foundations[2-0-0:2]Previous Course Code(s)IMBA 503Exclusion(s)ACCT 5100, ACCT 5150DescriptionProvides essential foundation tools of financial accounting and analysis from a management perspective, including balance sheets, income statements, cash flow statements, accrual concepts, revenue and expense recognition, asset and liability accounting.Intended Learning Outcomes
On successful completion of the course, students will be able to:
- 1.Construct and interpret both a balance sheet and an income statement.
- 2.Construct and interpret a statement of cash flows.
- 3.Define the process of accounting and the links among the three primary financial statements.
- 4.Use standard financial statement analysis tools and interpret the outputs from those analysis tools.
- 5.Apply the financial accounting rules that exist in the following areas: Revenue recognition, Inventory, Long-term assets, Leases, Investment securities, and Fair value accounting.
- 6.Discuss accounting issues and solve accounting problems in a time-constrained group setting.
- 7.Intelligently discuss the ethical dimensions of a variety of accounting-related business problems.
- 8.Discuss the ongoing internationalization of financial accounting.
- IMBA 5040Managerial Economics[2-0-0:2]Previous Course Code(s)IMBA 504Exclusion(s)ECON 5110DescriptionDemand and cost analysis; competitive market; market power; pricing strategy; games and strategic thinking, asymmetric information, corporate governance.Intended Learning Outcomes
On successful completion of the course, students will be able to:
- 1.Perform supply-demand analysis and apply the analysis to predict market price trends and related dynamics in competitive markets.
- 2.Develop profit-enhancing pricing strategies by utilizing knowledge of the tradeoff between margin and volume of sales methods of relaxing the tradeoff.
- 3.Predict competitors' actions and reactions in strategic environments using basic game theoretic methods, and in the context of oligopoly market, analyze competitors' response to a company's initiatives such as changes in pricing and production capacity, and predict the strategic effect arising from competitors' response.
- 4.Identify misalignments of interests in the supply chain which destroy value, examine how mergers and strategic alliances may create value by aligning interests, and predict impacts of the mergers or strategic alliances on companies directly involved in the mergers or strategic alliances and companies not directly involved.
- 5.Choose incentive tools for employees which go hand in hand with the firm's organizational structure and business strategy.
- 6.Recommend methods to gain consumers' trust.
- IMBA 5050Marketing Strategy[2-0-0:2]Previous Course Code(s)IMBA 505Exclusion(s)MARK 5120DescriptionStrategic marketing decision making at the corporate, business, and functional levels affecting competitive advantage and long- and short-term performance of the firm. Strategic analysis, strategic planning across life cycle stages, implementation and control.Intended Learning Outcomes
On successful completion of the course, students will be able to:
- 1.Define marketing orientation, and identify and manage obstacles to a company's adopting marketing orientation and marketing innovation.
- 2.Analyze markets by identifying and classifying market segments, and create markets by inventing new segments.
- 3.Examine distribution channels, diagnose bottlenecks in distribution and select among alternative distribution alternatives based on market situation and stage of development.
- 4.List alternative ways to improve sales performance and propose sales improvement programs for a company.
- 5.Calculate marketing ROI and calculate the sales revenue increase that will justify increases in marketing spending.
- 6.Calculate the profit impact of price changes and calculate the sales revenue changes necessary or acceptable subsequent to price decrease or increase.
- 7.List, select and propose for a company a variety of non-mathematical pricing techniques.
- 8.Diagnose brand strengths and weaknesses and plan branding change programs.
- 9.Describe the key force/laws underlying the digital revolution driving change for companies, industries and economies.
- 10.Distinguish between timeless principles and those that are subject to constant change.
- IMBA 5060Accounting for Decision Making and Control[2-0-0:2]Previous Course Code(s)IMBA 506Exclusion(s)ACCT 5210DescriptionThis course covers the use of accounting information in decision-making, planning, control, and performance evaluation for managers of the corporation. It also discusses the use of accounting information in valuation and credit analysis for users external to the corporation.Intended Learning Outcomes
On successful completion of the course, students will be able to:
- 1.Interpret and explain cost concepts and related terms.
- 2.Interpret cost-volume-profit analysis.
- 3.Figure a product's cost and price it.
- 4.Apply core managerial accounting information to strategic decision making.
- 5.Identify the internal budgeting process.
- 6.Construct cost management tools such as Activity-Based Costing.
- 7.Organize managerial accounting information to conduct performance evaluations.
- 8.Identify managerial accounting information as a competitive tool.
- IMBA 5070Corporate Finance[2-0-0:2]Previous Course Code(s)IMBA 507Exclusion(s)FINA 5120DescriptionExplores the strategic financial decisions an organization makes for value creation. The topics include an analysis of capital spending, capital structure, risk management, financial statement analysis and forecasting, corporate restructuring, and understanding and impact of financial institutions on financial decisions.Intended Learning Outcomes
On successful completion of the course, students will be able to:
- 1.Identify key issues and problems in the management of financial resources of a profit oriented firm.
- 2.Make use of financial tools, concepts and techniques to propose solutions/recommendations to problems identified.
- 3.Assess the impact of the various managerial decisions on corporate financial performance.
- 4.Relate financial decisions with a company's business policy and strategies.
- IMBA 5090Management of Organizations[2-0-0:2]Previous Course Code(s)IMBA 509Exclusion(s)MGMT 5230DescriptionAn introduction to organizational and management concepts and theories with special attention to the functions of management, individual and group behavior, perception, motivation, influence processes, interpersonal communication, and international issues.Intended Learning Outcomes
On successful completion of the course, students will be able to:
- 1.Critique the strengths and weaknesses of different management models in the development of thinking about management and leadership.
- 2.Evaluate the relevance of those models to modern thinking about management, leadership and organization.
- 3.Think flexibly in action in different business situations.
- 4.Apply the most appropriate model in the development of management and leadership.
- IMBA 5100Statistical Decision Analysis[2-0-0:2]Previous Course Code(s)IMBA 510Exclusion(s)ISOM 5510DescriptionThis course introduces the applications of elementary probability theory in business decision-making under the conditions or uncertainty and explores the method of regression analysis and the use of sample data for the purpose of modeling, estimating, forecasting, and decision-making.Intended Learning Outcomes
On successful completion of the course, students will be able to:
- 1.Simplify a complex business situation in order to analyze it better and to recognize what are the most important variables and uncertainties affecting the situation.
- 2.Identify the most important techniques to analyze and make decisions.
- 3.Handle risk and uncertainty when making business decisions.
- 4.Recognize the most common flaws and biases in decision making (what is currently called "Behavioral Decision Making").
- 5.Describe the most common methodologies to make forecasts in a company.
- IMBA 5110Operations and Value Chain Management[2-0-0:2]Previous Course Code(s)IMBA 511Exclusion(s)ISOM 5700DescriptionThis course introduces some of the most important concepts in operations management and value chain management. Topics include process analysis, quality management, just-in-time systems, inventory management, demand and supply variability, information sharing and coordination in a value chain.Intended Learning Outcomes
On successful completion of the course, students will be able to:
- 1.Make operations and supply chain decisions that support and execute firm strategy.
- 2.Analyze and innovate to improve current firm operations and supply chain while respecting employees and environment.
- 3.Design and operate efficient and responsible global supply chains.
- 4.Optimize the firm's portfolio of products and services for maximum profitability.
- 5.Partner with customers and suppliers for improved supply chain performance.
- IMBA 5120Technology and Knowledge Management[1-0-0:1]Previous Course Code(s)IMBA 512Exclusion(s)ISOM 5020DescriptionThis course aims to provide business executives with a comprehensive understanding of IT management in organizational contexts, particularly from the perspective of business and management. The specific topics include Information Economy, Management of R&D and Innovations, Strategic Use of Information Technology and Knowledge Management. The course will survey the economically most important applications of technology in business today and briefly present the underlying technologies, their resource requirements, their application, and the operational, tactical and strategic management imperatives dictated by these applications.Intended Learning Outcomes
On successful completion of the course, students will be able to:
- 1.Compare and contrast organizational and management characteristics leading to successes and failures of IT deployments.
- 2.Explain the characteristics of general purpose technology (GPT) and summarize how we should manage IT as a GPT.
- 3.Compare and contrast different types of IT and their associated management focuses.
- 4.Explain common information security threats and formulate proper management plans and strategies to minimize their potential impacts.
- 5.Identify the key characteristics of IoT, cloud computing, and general online payment solutions and appraise their costs and benefits.
- 6.Sketch the key components of a business intelligence system and explain their functions.
- 7.Compare and contrast the different purposes of data inference and prediction.
- 8.Develop business insights based on predictive analytics using hands-on tools such as Excel Pivot Table and logistic regressions.
- IMBA 5170Business Simulation[2-0-0:2]Previous Course Code(s)IMBA 517DescriptionA computer-based business simulation where students operate as teams simulating corporate management and compete against each other (groups). The game involves group decision making on a wide range of functional areas, such as finance, marketing, manufacturing, and human resource management, to develop and implement a strategic plan in a competitive market.Intended Learning Outcomes
On successful completion of the course, students will be able to:
- 1.Evaluate and integrate the management knowledge learnt in the program in strategic planning and execution skills within a rapidly changing environment.
- 2.Recognize the linkages between decisions and financial performance.
- 3.Make full use of market data and competitive signals to adjust the strategic plan and more tightly focus business tactics.
- 4.Develop the leadership skills and teamwork capabilities, including communication, conflict management, team decision making, influence and working with people from different culture, background and characteristics.
- IMBA 5200Mergers and Acquisitions[1-0-0:1]Previous Course Code(s)IMBA 520Prerequisite(s)IMBA 5070DescriptionThis course provides a broad understanding of the role that mergers and acquisitions (M&A) play in corporate strategy. It develops a framework for making and evaluating M&A transactions from the perspective of their impact on shareholder value.Intended Learning Outcomes
On successful completion of the course, students will be able to:
- 1.Value acquisition targets.
- 2.Estimate the value created in acquisitions.
- 3.Analyze the motives for M&A transactions.
- 4.Determine the sources of value in M&A transactions.
- 5.Assess what goes wrong in M&A transactions and avoid merger failures.
- 6.Analyze private equity transactions and estimate value created in such transactions.
- 7.Evaluate the method of payment.
- IMBA 5210Consumer Psychology and Advertising[1-0-0:1]Previous Course Code(s)IMBA 521Exclusion(s)EMBA 5460DescriptionThis course will give students an appreciation of how getting inside the mind of the consumer enables the marketing manager to design better, more effective marketing strategies. It focuses on the customer as an individual, with a particular emphasis on how consumers react to marketing information provided about a product.Intended Learning Outcomes
On successful completion of the course, students will be able to:
- 1.Identify the relevance of consumer psychology to the entire marketing process, the nature and stages of consumers’ decision making and the factors influencing consumers’ choice.
- 2.Demonstrate capability to explain the impact of consumer psychology on the development of marketing strategies including marketing communication, segmentation and target marketing.
- 3.Apply the concepts and theories covered in the course to devise effective solutions in enhancing business performance in the context of consumer psychology.
- 4.Apply advertising, psychology, and branding theories into practice through effectively creating brands and communicating persuasive messages.
- 5.Apply an integrated marketing communications approach in the development of an overall advertising and promotional plan.
- 6.Enhance their creativity, critical thinking and analytical ability through developing an integrated marketing communication campaign.
- IMBA 5290Global Macroeconomics[2-0-0:2]DescriptionThe course aims to introduce the macroeconomic concepts, in particular fiscal and monetary policies and help students to understand important insight in the labour, output, money and foreign exchange market to explore the change in the macroeconomic environment.Intended Learning Outcomes
On successful completion of the course, students will be able to:
- 1.Operate business with global perspectives.
- 2.Apply cutting edge management knowledge to analyze markets.
- 3.Formulate business strategy in a global setting.
- 4.Foster a responsible attitude towards the country and world.
- IMBA 5300Innovation Management[1-0-0:1]DescriptionThe course aims to enhance students' innovation capability in the increasingly intense business competition. It will illustrate the basic concepts of innovation management, interpret the implication of innovation, highlight how to integrate internal and external resources to enhance innovation capacity and analyze the innovation modules in the post-modernization era.Intended Learning Outcomes
On successful completion of the course, students will be able to:
- 1.Formulate an effective strategy for innovation management.
- 2.Leverage both internal and external resources for innovation.
- 3.Identify the needs of users in the post-modernization era and co-create value with them.
- 4.Facilitate the diffusion of innovation.
- IMBA 5320Creating Entrepreneurial Ideas for Future Business[2-0-0:2]DescriptionThe course is designed for executive leaders, from the perspective of entrepreneurs and corporate innovators, to help them experience and engage with the disruptive technology, and eventually prepare them to respond to this revolutionary force. It will be a mix of lectures, field study of technology companies, extensive group discussion and an entrepreneurship project.Intended Learning Outcomes
On successful completion of the course, students will be able to:
- 1.Identity how the trends in disruptive technology (AI, Big Data, Deep learning, IOT) might influence the near and long-term futures of various industries.
- 2.Evaluate how traditional business models are being impacted by disruptive technology.
- 3.Identify the threats and opportunities of this revolutionary force, and leverage the disruptive technology to transform traditional business, or innovate and create new business opportunities.
- 4.Explain how to pitch the entrepreneurial ideas toward success.
- 5.Mentor each other to create synergy for idea creation.
- IMBA 6100Global Field Trip Study[2-0-0:2]DescriptionThis course aims to provide students with an opportunity to explore the global business environment. It is delivered in a variety of ways including: partnerships with world-class institutions; collaboration with leading companies; dialogues with local corporate and community leaders. The course may be repeated for credits if the visiting country and theme of the trips are different each time.Intended Learning Outcomes
On successful completion of the course, students will be able to:
- 1.Increase exposure to cultural diversity in a global business context.
- 2.Develop insightful views on the global business landscape.
- 3.Discuss the best practices of innovations and entrepreneurial management globally.
- IMBA 6900Special Topics[0.5-2 credit(s)]Previous Course Code(s)IMBA 690DescriptionCoherent collection of topics selected from the business management. A student may repeat the course for credit if the topics studied are different each time.Intended Learning Outcomes
On successful completion of the course, students will be able to:
- 1.Demonstrate capability to understand concepts and theories on the special topics.
- 2.Apply knowledge gained from class to analyse real life issues and develop problem solving skills.
- 3.Analyse and predict the outcome of strategic interactions among individual and/or firm.
- IMBA 6910Current Issues for Businesses[1-0-0:1]Previous Course Code(s)IMBA 691DescriptionThis course is specially tailored to provide the latest market update and analysis for current hot topics relevant to the business world, in particular to address the challenges and opportunities in the context of China. Topics include but not limited to corporate governance, crises management, risk management, innovation, entrepreneurship, intellectual property rights, etc..Intended Learning Outcomes
On successful completion of the course, students will be able to:
- 1.Identify and analyze the latest update and current hot topics relevant to business world in order to understand how to do business globally in particular in China.
- 2.Analyze the potential issues and problems in the business world, in particular in the context of China.
- 3.Apply and adapt the current business theories and practices in the business world, in particular in the context of China.
- 4.Demonstrate capability to evaluate the contributions and impacts of the latest update and current hot topics relevant to business world within the social, economic, political, cultural, and other areas.
- IMBA 6920Project on Current Issues[1-2 credit(s)]Previous Course Code(s)IMBA 692Prerequisite(s)IMBA 5180 (prior to 2015-16) or IMBA 6910DescriptionThe project aims to help students integrate what they have learnt from the latest topics/issues in the business world and reflect those learning in their own business. Guided by a faculty member of the corresponding topics, the students will have a more thorough analysis of the latest topics/issues which can help with their companies' future planning and strategy.Intended Learning Outcomes
On successful completion of the course, students will be able to:
- 1.Gain a strong comprehension on the current issues in the business world; discover the interrelations between theories and their applications.
- 2.Realize constructively the importance of the current issues; make decisions based on in-depth reflection, critisim, and assessment.
- 3.Assess the opportunities and threats to their own business and develop their companies' future planning and strategy.
- 4.Make use of the information they learnt to examine the latest issues in the business world and develop their problem solving skills.
- IMBA 6970Independent Study[1-2 credit(s)]Previous Course Code(s)IMBA 697DescriptionStudy of selected business issues under the supervision of a faculty member. (Special permission from the Academic Director is required for IEMBA students to take this course.) The course may be repeated for credit.Intended Learning Outcomes
On successful completion of the course, students will be able to:
- 1.Describe and apply key concepts and terminology to the analysis on the selected business issues.
- 2.Critically evaluate and synthesize various theories in the selected business issues.
- 3.Apply analytic strategies, procedures, and techniques to the selected business issues and produce quality project.
- IMBA 6980Research Project[1-2 credit(s)]Previous Course Code(s)IMBA 698DescriptionAn independent research project on a business topic carried out under the supervision of a faculty member. The course may be repeated for credit.Intended Learning Outcomes
On successful completion of the course, students will be able to:
- 1.Demonstrate capability to make integrative linkages among various subjects as well as between learning and real-life work experience.
- 2.Demonstrate an understanding of relevant literature in the selected topic area.
- 3.Analyse basic research data in a systematic way and to a professional standard.
- 4.Identify and discuss a topic in its wider context, sustain argument, and present conclusions related to policy and practice implications in business and management.