Corporate Governance

The Master of Corporate Governance (MCG) programme aims to provide an educational pathway for business or business-related degree graduates to specialize in corporate governance. It aims to equip corporate administrators, including chief executive officers, directors, financial controllers, treasurers, company secretaries and holders of other key corporate positions, with a sound knowledge of, and competency in corporate governance so that they can effectively participate in the planning, implementation and monitoring of corporate financial policies and strategies.

As elaborated in the programme outcomes, graduates of the programme may be eligible for FULL exemption from the examination requirements of The Institute of Chartered Secretaries and Administrators (ICSA) and The Hong Kong Institute of Chartered Secretaries (HKICS). However, graduates of this programme who have registered with the HKICS on or after 1 November 2002 and have already attempted but failed any HKICS examination paper(s) should check with these professional bodies about exemption from those failed paper(s) even if they successfully graduate from this programme.

Graduates of the programme may also be eligible for professional examination exemption in respect of other professional bodies, such as ACCA (exemption for seven out of nine papers in its foundation examinations) and CPA (Australia) (depends on the graduate's undergraduate curriculum, exemption for six to eight papers in its foundation examinations).

Year 1

• Corporate Financial Accounting
• Corporate Law
• Corporate Taxation and Tax Planning
• Organisation Management and Strategy
• Managerial Accounting and Information Systems

Year 2

• Corporate Administration
• Corporate Governance
• Corporate Finance and Policies

Elective subjects (any one)

• Business Risk Management
• Economic Law and System of the PRC
• Research Project
• Securities Regulations and Practice
• Strategic China Tax Planning and Management
• Contemporary Issues in Corporate Governance

Year One

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.

Year Two

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.

Requirements

• A Bachelor's or higher degree in business or business-related disciplines awarded by a recognized university, or other qualifications deemed equivalent by the Admissions Committee;
• To meet the minimum entrance requirements, applicants should have studied basic accounting and law or business law at undergraduate level.
• A Test of English as a Foreign Language (TOEFL) score of 80 for the Internet-based test or 550 for the paper-based test;
• An overall Band Score of at least 6 in the International English Language Testing System (IELTS).

Scholarships

• Teaching Postgraduate Studentship (TPS) Scheme