I. ACCOUNTING CONCENTRATION
This specialization will have extensive training in areas such as accounting, auditing, law and tax. You will also learn how to analyze the financial aspect of a business.
PROGRAME STRUCTURE
Trimester 1
| Managerial Economics |
(2 credits) |
| Law and Business Ethics |
(2 credits) |
| Management and Communication Skill |
(0 credit) |
| Marketing Management |
(2+1 credits) |
| Organizational Change and Development |
(2 credits) |
| Statistics and Quantitative Method |
(2+1 credits) |
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Trimester 2
| Accounting for Managerial Decision |
(2+1 credits) |
| Financial Management |
(2+1 credits) |
| ICT for Competitiveness |
(2+1 credits) |
| Management and Communication Skill |
(0 credit) |
| Strategic Management |
(2+1 credits) |
Trimester 3
| Investment Management |
(2+1 credits) |
| Risk Management in Business |
(2+1 credits) |
| Financial Institutions |
(2 credits) |
| Management Control System |
(2+1 credits) |
Trimester 4
| Investment Management |
(2+1 credits) |
| Corporate Governance and Control |
(3 credits) |
| Financial Information and Capital Markets |
(3 credits) |
| Accounting Information System |
(3 credits) |
| Final Project |
(6 credits) |
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TOTAL 41 credits
1. Managerial Economic
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Description
This course provide concepts and principles of macroeconomics, microeconomic theory, relevance and applications economics technique in industry which is used Managers for making decisions and technological operation.
Course Outline
- The nature and Scope of Managerial Economics
- Optimizing Techniques and New Management Tools
- Demand Analysis
- Production Theory and Estimation
- Cost Theory Estimation
- Market Structure : Perfect Competition, Monopoly and Monopoly Competition
- Oligopoly and Strategic Behavior
- Pricing Practices
- Regulation and Risk Analysis
Textbook:
Salvatore, D.: Managerial Economics in a Global Economy, 4 th ed., Harcourt College Publishers, 2001.
References:
Samuelson, P. A.: Economics, 17 th ed, McGraw-Hill, 2001.
Pappas, J. & Hirschey, M.: Managerial Economics, Dryden Press, Chicago, 1993. |
2. Strategic Management
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Description
This course will focus on the strategic management process to understand competitive forces and to develop competitive advantage in order to extend the strategy formulation and implementation process to compete in the dynamic and global business environment.
Course Outline
- Strategic Management and Strategic Competitiveness
- The External Environment: Opportunities, Threats, Industry Competition, and Competitor Analysis
- The Internal Environment: Resources, Capabilities, and Core Competencies
- Business-Level Strategy
- Corporate Governance
- Organizational Structure and Controls
- Strategic Leadership
- Strategic Entrepreneurship
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Textbook:
Hitt M. A. , Ireland R. D., Hoskisson R. E.: Strategic Management: Competitiveness and Globalization, 5 th ed, Thomson, South-Western, USA, 2003.
References:
Wheelen, T. L. and Hunger, J. D.: Strategic Management and Business Policy, Addison Wesley, 2002.
3. Marketing Management
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Description
This course describe how the company achieves its marketing goals by determining the challenges and problem the company face concerning in product development, product introduction, segmentation and organizational buying and selling behavior as well as marketing strategies and tactics. |
4. Financial Management
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Description
This course provides student to have the greater depth on finance practically and concept. Especially at financial management of business corporations, which cover fundamental conception financial management, the strategic investment decision, including cost of capital, capital budgeting and structuring, cash-flow estimation, dividend policy and tactical financing decision. This course also discussing related topics in financial management as derivative and risk management. |
5. Law and Ethic Business
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Description
This course provide student with understanding of particular important area of
Indonesian business law which cover contract law, in business organization, foreign investment, banking law-intellectual property and bankruptcy law. This course also provides descriptive and normative ethical principles and their implication on business environment in national and international perspective.
Course Outline
- Overview of Legal Issues
- Basic Legal Structure
- Settlements of International Disputes
- Public Laws and Policies
- Laws Affecting on Business Operations
- Common Law of Contracts
Textbook:
M.P. Litka, M. S. Blodgett: International Dimensions of the Legal Environment of Business, Thomson Learning Custom, 1995.
References:
M. Whalley, F. Semler: International Business Acqusitions: Major Legal Issues and Due Dilligence, Kluwer Law Intl, 2000. |
6. ICT for Competitiveness
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Description
This course provides the student an understanding concept and theories which needed to design and apply ICT to be integrated with business strategy and planning for attaining a competitive edge in the market place.
Course Outline
- Introduction
- Recognizing Technology
- Acquiring Technology
- Developing Technology Strategy
References:
Day, G. S., and Schoemaker, P.J.H.: Wharton on Managing Emerging Technologies, John Wiley & Sons, Inc., New York, 2000.
Management of Technology, The Key to Competitiveness and Wealth Creation, McGraw-Hill Book Co., Singapore, 2000.
Kaku, M.: Visions: How Science will Revolutionise the 21 st Century, Anchor Books Doubleday, New York, 1997.
Burgelman, R.A. and Maidique, M. A. and Wheelright, C.: Strategic Management of Technology and Innovation, Irwin, Chicago, 1996.
Sharif, M. N.: The Evolution of Technology Management Studies: Techno-Economic to Technometrices. Technology Management, Strategies and Applications for Practitioners, No. 3, pp. 113-1448, 1995.
Gaynor, G. H. (Editor in Chief): Handbook of Technology Management, McGraw-Hill, Inc., New York, 1996.
Betz, F.: Strategic Technology Management, McGraw-Hill, Inc., New York, 1994.
Islam, M. N. and Haque, M. M.: Technology Planning and Control, Bangladesh University of Engineering and Technology, Dhaka, 1994. |
7. Accounting for Managerial Decisions
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Description
This course aim is to introduce the design and use of management accounting information for planning, controlling and decision making within business organizations. This course describe product costing, activity base costing and management, strategic cost management practices, tools for decision making, performance evaluation, measurement and compensation.
References:
Horngren, Sundem and Straton: Introduction to Managerial Accounting, Engelwood Cliffs, NJ: Prentice-Hall, 2002.
Robert N. Anthony: Management Accounting: Text and Cases, RD. Irwin, 2000. |
8. Organizational Change and Development
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Description
This course provides an understanding of organizational structure and organizational life cycle development and the role of the leader as an organization architect for changing and developing. This course is highly practical and applied.
Textbook/References:
Organizational Development and…., Thomas G. Cummings, Christoper G. Worley.
Organizational Change and…, David Bargal, Hillel Schmid.
Theory and Dynamics of Organization…., Wyatt Warner Burke.
Research in Organizational Change and Development, Vol. 15. William A. Pasmore (Editor), Richard W. Woodman (Editor). |
9. Management and Communication Skill
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Description
This course focusing on oral and written communication managers use to get work done in organization. This course needs participation the student to discuss case, individual and group presentation, run meetings and simulation. |
Elective Courses Description
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1. Risk Management in Business |
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Description
This course purpose to provide student overview of risk that can threaten the attainable organizational objective and the building of frameworks to identify, understand and manage. This course also describes the process measuring and assessing risk and introduces the method or technique developing strategy to manage risk including transferring risk to another part, avoiding the risk, reducing the negative effect of the risk. The risk can come from physical or legal causes and also from financial instrument.
Textbooks/ References:
Future Risk and Risk Management. 1994. Nils-Eric Sahlin.
Perspectives on Strategic Risk Management. 2006. Torben Juul Andersen.
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2. Financial Institutions |
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Description
This course designed to provide appropriate regulation and regulatory bodies of financial market and institution, development of financial instrument and application of valuation techniques. This course also provide student to understand economic development, financial market infrastructure and how to develop project finance
Course Outline
- Introduction to Financial Markets and Institutions
- Financial Crises
- Regulation of Financial Markets
- Privatization
- Project Finance
Textbook:
References:
Saunders, Anthony and Cornett, Marcia: Financial Institutions Management + S&P + Enron PowerWeb, 4 th ed, McGraw-Hill/Irwin, 2002.
Brealey, Richard, and Steward Myers: Principles of Corporate Finance, 6 th ed, McGraw-Hill, 2000.
Kindleberger, Charles, Manias,: Panics, and Crashes. John Wiley & Sons, Inc., 1996.
Shiller, Robert J.: Irrational Exuberance. Princeton University Press, 2000.
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3. Management Control System |
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Description
This course introduces the student to management dilemma of how to implement corporate strategy which deals mainly with structure and process used and executed by top management in ensuring subordinates to perform activities efficiently and effectively.
Course Outline
- Nature of Management Control System
- Responsibility Centers
- Planning and Control
- Management Control of Operations
- Management Control in Specialized Situations
Textbook:
Anthon, R. N. and Govindarajan, V.: Management Control Systems, 10 th ed., Irwin, Illinois, 2000.
References:
Robert S., Antonio D. and Robert S. K.: Performance Measurement & Control System for Implementing Strategy: Text & Cases, Prentice Hall, 1999.
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4. Corporate Governance and Control |
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Description
This course help the students know how Corporate Governance addresses firms organize to ensure that investors get a return on their investment and firms can access needed capital at reasonable rates. From an International and U.S. perspective, the course addresses how to evaluated, value and manage corporate governance from the vantage point of the investor, firm (board of directors, management) and regulator. These are necessary skills for managing and valuing companies.
Textbook/References:
Contest for Corporate Control: Corporate Governance and Economic Performance in the United State, Mary A. O. & Sullivan, 2000.
Ownership and Control: Rethinking Corporate Governance for the Twenty-First Century, Margaret M. Blair, 1995.
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5. Financial Information and Capital Markets |
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Description
This course describes the student using of corporate financial statement for investment and lending decisions: emphasis on financial analysis techniques, valuation business analysis, cash flow projection, credit scoring and related research evidence.
Textbook/References:
Financial Information Made Easy, Robert Dransfield, 2002.
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6. Accounting Information System |
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Description
This course covers accounting information systems and information technology issues related to auditing, consulting and the internet.
Textbook/References:
Accounting Information Systems, 4 th ed., Murphy Smith, Katherine T. Smith and David S Kerr. Houghton Mifflin Custom Publishing, 2004.
Security and Control in Information System: A Guide for Business and Accounting, Andrew Hawker, 2001.
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7. Investment Management |
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Description
This course studies financial markets, principally equity market from an investment decision – making perspective. This course developing a set of conceptual frameworks and analytical tools, and apply these to particular investment strategies which focus on portfolio risk management.
Textbook:
Investment Management. V. Gangadhar
Investment Management. Peter L. Bernstein, Aswath, Damodaran.
Tax-Aware Investment Management. Douglas S. Rogers.
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