|
| |
|
updated: 02 Mar 2008
|
|
|
|
|
|
UC Berkeley Extension
|
|
The
Finance Diploma Program provides you with the tools you need to apply financial management concepts and techniques in the real world. The hands-on teaching approach in this program makes use of relevant case studies and provides training in commonly used financial software programs such as Excel. In addition to reviewing basic accounting principles, you engage in an in-depth exploration of fundamental financial management concepts, such as time-value-of-money concepts, capital budgeting, sources of financing, and measurements of business performance.
As you delve deeper into the topic, you examine working capital management, dividend policy, options, hedging principles, and risk management, as well as mergers and acquisitions and financial restructuring. Study of trade finance, the unique challenges of international financial management, and the international monetary system provide you with insights into financial techniques and decision making in an international environment. PLUS
OPTIONAL INTERNSHIP
|
|
COST:
|
US$ 13,500
|
|
APPLICATION FEE:
|
US$ 100.00
|
|
INCLUDES:
|
price includes tuition, textbooks
and course materials, U.S. medical insurance, lab fees for computer
classes, 5 to 8 hours of additional workshops or seminars per term,
international student advising, registration fee, cross-cultural
training, and a lifetime membership in the IDP alumni web site
|
|
DURATION:
|
Four Months
|
|
HOUSING:
|
CLICK HERE
|
|
DATES:
|
CLICK HERE
|
Fees subject to
change without prior notice
|
Prerequisites
/ Requirements:
|
|
|
Bachelor's degree or the equivalent. |
|
|
Prior study of accounting, statistics, and economics. If you need to refresh your basic accounting skills, we recommend the following UC Berkeley Extension Online courses prior to beginning your program: Introduction to Financial Accounting or Introduction to Microeconomics. |
|
|
Advanced English
|
|
|
Cambridge Certificate in Advanced English - Pass (CAE) |
|
|
Cambridge Certificate Exam: Pass |
|
|
IELTS 6.5 |
|
|
TOEFL 213+, (550 paper) |
|
|
TOEIC 760+ |
|
|
|
Courses
Note:
class weeks are provided to give you an estimate of your program schedule. Your program may follow a different schedule from that listed here.
Your program begins with
Management Accounting
(weeks 1-6), where you are introduced to basic financial statements and how to use them to make managerial decisions. Reading assignments, videos, small-group work, group presentations, and the real-life experiences of the instructor provide you with a thorough background in financial and managerial accounting. By the end of the course, you will be able to
|
|
analyze and interpret financial statements |
|
|
develop a budget and explain budget variances |
|
|
make sound business decisions using relevant accounting data |
Basic Corporate Finance (weeks 1-5) examines the manner in which corporations are governed and provides you with a foundation for understanding how value is created and measured. Your class uses reading assignments, small-group work, and the real-life experiences of the instructor and the students. By the end of the course, you will be able to
|
|
understand the tools used by financial managers to make effective investing and financing decisions |
|
|
define various cost terms, concepts, and classifications |
|
|
apply the time-value-of-money, risk and return, cost of capital, and other key concepts to class projects |
Intermediate Corporate Finance (weeks 6-10) introduces you to the most important topics of corporate finance. During the first part of the course, you review security valuation and the cost of capital components, leading to an in-depth analysis of the cost of capital. After developing the standard theory of capital structure, you focus on a number of applied issues related to raising long-term capital. By the end of this course, you will be able to
|
|
determine the cost of different types of capital and the overall cost of capital |
|
|
interpret and analyze the role of risk in corporate finance decisions |
|
|
use, interpret, and analyze the various models of a firm's optimal capital structure |
Investment Portfolio Management (weeks 7-11) provides you with hands-on experience in applying the latest sophisticated techniques in portfolio analysis and management. Not only are you given the theoretical framework behind the world of money management, you learn to apply it directly through computer modeling to solve real-world problems. When you complete this course, you will be able to
|
|
analyze bonds and bond portfolios |
|
|
evaluate investment managers using modern portfolio theory |
|
|
build a portfolio that reflects appropriate client risk |
International Finance
(weeks 10-14) provides you with the tools to address two key issues in international finance: the risks and opportunities created by changes in exchange rates, and the use of international markets as sources of financing. Lectures, class discussions, case analyses, and problem-solving exercises combine to give you a clear understanding of the most current issues facing international finance today. Upon completion of the course, you will be able to
|
|
understand the operation of international capital markets and the characteristics of alternative sources of financing |
|
|
forecast exchange rates based on the relationships between spot rates, forward rates, inflation rates, and interest rates |
|
|
construct an integrated exchange risk program |
Advanced Corporate Finance (weeks 10-14) provides an extended and intensive study of the principles covered in Basic and Intermediate Corporate Finance. Essential financial tools and techniques are applied in a series of case studies selected to illustrate the analysis of critical corporate finance decisions. The purpose of the cases is to further examine the theoretical concepts and models of finance and how they can be applied to realistic situations. By the end of the course, you will be able to analyze
|
|
the risk and return trade-offs of alternative capital structuring and dividend policy decisions |
|
|
the risk and return trade-offs of corporate capital budgeting policy decisions |
|
|
the major value-creating elements required for a successful merger and acquisition |
Business Valuation (weeks 10-15) introduces you to key valuation models and allows you to develop the skills required to use them. You use economic-based valuation, accounting-based valuation, and relative value models to price projects, private firms, and public companies. The instructor places an ongoing emphasis on understanding the strengths, appropriateness, and weaknesses of these tools through conceptual analysis and examples. By the end of this course, you will be able to
|
|
derive valuation of projects or stand-alone companies using a variety of techniques |
|
|
develop the ability to analyze and judge the valuation-based recommendations |
|
|
obtain a strong intuition for cash-flow-based forecasts and their implications in business |
Interactive workshops and seminars play a large role in the Finance Diploma Program. Workshops on essentials of economics, financial modeling with Excel, risk analysis, and corporate social responsibility provide you with an opportunity to further develop the analytical skills acquired in your courses, and allow you to build your experiential knowledge in the subject matter. The rigorous nature of this program makes it an ideal preparation for an M.B.A. program in the U.S. and gives you a firm basis for managing or operating your own company.
|
|
 Featured Instructor
Testimonial JOHN GONZALES received his B.A. from California State University, Fullerton, and his M.A. and Ph.D. in economics from the University of Wisconsin, Madison. His areas of interest include monetary policy and financial markets, transition economies, emerging market economics, and investment finance. In addition to teaching Intermediate Corporate Finance and International Economics, Gonzales leads the Risk Analysis and Essentials of Economics seminars at UC Berkeley Extension and teaches economics and finance at the University of San Francisco. Previously he was a senior economist at the Organization for Economic Cooperation and Development (OECD) in Paris, worked in the investment consulting area in San Francisco, and has taught in Paris and Kazakhstan.
|
|
HOME
