Financial Management

1. Program Description

The Ginling College’s undergraduate program Financial management aims to cultivate “professional leaders” by preparing students to be competent, productive and innovative accountants, auditors, researchers and administrators. Successful graduates are expected to have an international vision and creative spirit, the ability to master certain practical skills, and contain the personal qualities of confidence, integrity and perseverance, applicable to all types of enterprises, administrative institutions and non-profit organizations.

2. Program Duration and Credit

This is a four-year undergraduate program, which can be completed within a minimum of three years and a maximum of seven years.

A total of 162 credits are required upon the completion of the program.

3. Curriculum

Three modules of courses are offered for the program: Basic Curriculum, Essential Curriculum, and Elective Curriculum. The Basic and Essential curricula are compulsory for a Bachelor’s degree.

The Elective Curriculum in the list includes extended disciplinary courses offered by the school into which an individual student is admitted, as well as cross disciplinary courses offered by other schools. Students can choose the extended and cross disciplinary courses according to their personal interests and career plans; however, credits should be approved by the School.

（1）Basic Curriculum

Course Code	Course	Credit	Semester	Remark
100701062101	Advanced Mathematics A（I）	6	1
100701062102	Advanced Mathematics A（II）	6	2
100701062108	linear algebra	3	3
100712062102	Probability theory and mathematical statistics  B	3	4
101202162201	Microeconomics	3	2
101202162202	Macroeconomics	3	3
101202162203	Management	3	3
101202162204	Statistics	3	4
101202162205	Economic Laws	3	3

（2）Essential Curriculum

Course Code	Course	Credit	Semester	Remark
101202163001	Fundamental accounting	3.5	2	Including 0.5 practice credit
101202163002	Intermediate financial accounting	4.5	3	Including 0.5 practice credit
101202163003	Cost Accounting	2.5	4	Including 0.5 practice credit
101202163011	International Trade	2	4
101202163004	Management  Accounting	3	4
101202163005	Financial  Management	3	5
101202163014	International Finance	3	6
101202163007	Financial Information Systems	2.5	5	Including 0.5 practice credit
101202163017	Financial Analysis	2	5
101202163008	Tax Accounting & Tax Planning	3	5
101202163016	Advanced  Financial Management	2	4
101202163015	Transnational Corporation Finance	2	6
101202163012	Graduation Field Work	6	7、8	practice course
101202163013	Graduation Thesis	4	8	practice course

（3）Elective Curriculum

Course Code	Course	Credit	Semester	Remark
101202164001	Finance	2	3
101202164015	Monetary finance	3	6
101202164002	International Balance	2	5
101202164003	Marketing	2	4
101202164006	Financial Accounting	2	5
101202164005	Governmental and Non-profit Organization Accounting	2	5
101202163009	Advanced  Accounting	3	6
101202163006	Auditing	2	6
101202164018	Corporate Finance	3	5
101202164007	Data processing and management decision-making	1	5	practice course
101202164008	Extensible  Business Reporting  Language	1.5	6	Including 0.5 practice credit
101202164009	ERP Simulation Experiment	2.5	4	Including 0.5 practice credit
101204163005	Research Methods in Social Science	1.5	6	Including 0.5 practice credit
101202164010	Valuation	2	6
101202164011	Corporate Strategy and Risk Management	2	5
101202164012	Private Property Management and Financial Planning	2	5
101202164013	Finance  Marketing	2	4
101202164014	Law and Regulations of Finance and Economics and Professional Ethics of Accounting	2	4
101202164015	Monetary finance	2	6
101202164016	Basic Econometrics	2	5
101202164017	Research Methods on Finance and Economics	2	6
100502164038	Women and Society	2	1
100502164039	Women and Family	2	1

(Note: 1. Odd-number semesters are the fall semesters and even-number semesters are the spring semesters in each academic year.

      2. The asterisk * marks a core course.

4. Core Courses and Introductions

101202163001    Fundamental accounting      (3.50 cr.)

Prerequisites:

This course is a fundamental component of accounting education. Accounting is the discipline of measuring, communicating and interpreting financial activity. Accounting is also widely referred to as the "language of business".

In this course, students will study the principles of accounting, such as how to record economic activities, bookkeeping, and creating accurate financial reports, among other skills. After this course, students will be prepared to study the processes by which financial information in a business is recorded, classified, summarized, interpreted, and communicated.

101202163002  Intermediate financial accounting   (4.50 cr.)

Prerequisites: Fundamental accounting

Through this course, students will fully understand the following: the tasks and functions of enterprise accounting; the financial and accounting work needed to strengthen enterprise management and improve enterprise economic benefits; and the importance of mastering enterprise accounting basic theory, knowledge and skills. We hope that students will be able to independently deal with accounting events and be able to organize enterprise accounting work after graduation.

“Intermediate accounting” is a very practical-based course in that it teaches the application of financial accounting methods from the perspective of commonality. It studies business capital circulation, focusing on four aspects of the accounting information system (recognition, measurement, recording, and reporting) as its foundation. Accounting information systems analyze the changes caused by six basic principles and methods of accounting business processing and accounting information. The concrete content includes: (1) The financial accountant’s summing-up: The financial accountant's basic assumptions and basic principles; (2) Monetary fund: The checking and calculating of cash, bank account and other monetary funds; (3) Accounts receivable and prepayments: The checking and calculating of the bill receivable, account receivable and bad account loss; (4) Stock: Accounting that the stock receives and dispatches; (5) Making investments; (6) Checking and calculating fixed assets; (7) Checking and calculating intangible and other assets; (8) Checking and calculating current liability; (9) Checking and calculating long-term debt; (10) Accounting Treatment of Debt Restructuring; ( 11) The accounting processing of non-currency transactions; (12) Owner's rights and interests; (13) profit calculation; (14) Writing a comprehensive financial report.

101202163003      Cost Accounting      (2.50 cr.)

Prerequisites: Fundamental accounting

Cost accounting is an applied economic science. This course enables students to fully understand the occurrence of enterprise production and management fees, the cost of products forming process, and the basic theory and basic knowledge of enterprise cost accounting. Students will also have the opportunity to master the enterprise cost calculation method and will come away with a comprehensive understanding of the way enterprises process accounting work.

Cost accounting is a core course of professional accounting. The focus of this course includes elements of the cost allocation method, auxiliary production cost and manufacturing cost accounting, accounting for production losses, finished goods in product cost accounting, species method, batch method, fractional step method, classification method, the fixed cost system, basic theory and methods of cost report preparation. This course will challenge students to use various cost calculation methods and simple cost analysis.

101202163004     Management  Accounting      (3.00 cr.)

Prerequisites: Fundamental accounting

Management accounting is an applied economic science. It is based on the summary of the practical experience of management accounting. The purpose of this course is to enable students to understand the status and role of modern management accounting in the accounting disciplinary system, master the basic theory and the basic content of the management accounting, master the forecast and decision-making ability in the market economy and the modern enterprise system environment.

Management accounting is one of the specialized fundamental courses of the accounting profession. It is a cross-discipline between modern management and accounting. Management accounting uses flexible methods dependent on the three centers of cost, profit and capital to analyze the past, control the present, and plan the future. This field breaks through traditional financial accounting rules and its main purpose is to encourage enterprises to strengthen internal management and enhance the competitiveness of enterprises.

101202163005      Financial Management      (3.00 cr.)

Prerequisites: Intermediate financial accounting

Upon completing this course, students will be able to: 1) comprehensively understand the company's financial management tasks and functions; 2) recognize the importance of financial management work in strengthening enterprise management and improving enterprise economic benefit on the basis of the essential theory, basic knowledge and skills; 3) independently handle matters of financial management after graduation.

The course focuses on the modern corporate enterprises for financial activities (capital campaign) through four modules: corporate finance, investment, capital operation and profit distribution. The main course content includes: financial management, values, financial strategy and budget, long-term investment decisions, long-term finance decisions, capital costs and capital.

101202163014   International Finance   (3.00 cr.)   

Prerequisites: Microeconomics, Macroeconomics

This class is the main profession course of Financial Management students, it is based on the Micro Economics, macro Economics and Currency & Banking, to introduce the students International Finance concept and practice. To help students the study of Financial Marketing and Monetary Finance, and lay the foundation for the students future jobs.

International Finance is an independent course and has it’s own concept, scope, rules and theory system. It mainly research method, mechanism, rules and management system of international capital financing or capital trading. Considering regulation of the international currency flow and credit activity, International Financing not only research currency, capital’s activities and mutual relationship but also include regulation and innovation trends of the international Finance’s aspects. Of course International Financing researching object and scope are not fixed, so the objects and scope will be updated and enlarged with the practicing.

101202163007      Financial Information Systems      (2.50 cr.)

Prerequisites: Intermediate financial accounting

Financial information systems is a professional accounting and financial management course that builds on the skills learned in intermediate financial accounting.  Financial information systems is an important branch of the curriculum, emphasizing the use of financial software.  The methods used to learn the basic content of intermediate financial accounting bridge financial accounting theory and accounting practice. The foundation of the course is to improve the basic skills of accounting and financial management for professional students. This includes mastering the overall framework of intermediate financial accounting theory and financial information related to the basic theoretical background knowledge, understanding and controlling the important module of ERP-system thinking method, and understanding the relationship between intermediate financial accounting theory and accounting practice as a way to elucidate the financial accounting problems of an enterprise.

Financial Information Systems mainly introduces the basic theory and practice of the integration of information into finance. This course includes the basics of applying the system, management of the system, system platform for enterprises, general ledgers management, financial statements management, payroll management, fixed assets management, as well as management of receivables and payables. The designed lectures and personal computer practices will equip learners to fully grasp the content and operating routines of the financial information system.

101202163008      Tax Accounting & Tax Planning      (3.00 cr.)

Prerequisites: Financial Management，Intermediate financial accounting

This course teaches students about taxes.  Students will learn about the tax system and the relationship between tax accounting and financial accounting; analyze taxes as they concern the entire business process, from establishment to termination; master tax calculations and accounting treatment methods; understand the basic principle and method of tax planning.

Tax accounting & tax planning is a highly practical course; tax issues concern every enterprise, unit, and individual.  The purpose of tax planning is to achieve larger operating spaces so that fewer taxes or even no taxes will have to be legally paid. Therefore, the course includes two parts, tax accounting and tax planning. Tax accounting includes tax accounting principles, tax payment base of knowledge and the calculation and accounting of value-added tax, consumption tax, business tax, customs, resources tax, income tax and property tax. Tax planning is mainly about the basic concepts, characteristics, and methods of tax planning, technologies and procedures, etc.; on this basis, the course will introduce to students how to use principles and methods of tax planning to achieve tax savings and avoidance.

101202163016   Advanced Financial Management       (2.00 cr.)

Prerequisites: Financial Management

The aim of this course is to extend the theory foundation and framework of the corporate financial management and depend the practice skill and method of the corporate financial management for the students. Furthermore, after studying this course, the students should improve their ability in analysis and solve corporate financial management problems, which is ready for the carrier development and business practice in the future.

Gradually deepening process of China's economic globalization, the enterprise management level and structure of the systemic changes will occur. Under the background of economic globalization, the need to build a set of system to meet the needs of era of financial management knowledge. The opening of this course will help improve the student's field of vision, in line with the business practices of financial management knowledge and practice ability.The main content of the course include the financial strategy, budget, management, capital operation, performance evaluation, these contents are integrated with trait again at the same time, needs to support complex financial management practice.

101202163017  Financial Analysis   (2.00 cr.)

Prerequisites: Intermediate financial accounting ，Financial Management

Financial analysis is a professional financial management of professional courses, it is one of the core courses of professional financial management. Through the purpose of this course is to enable students to understand the financial analysis of the basic principle and the basic technology, requires students not only to content and basic grasp the preparation of our financial reporting system, master financial analysis method, and is able to integrate theory with practice, such as the combination of financial reports of listed companies of systematic financial analysis.

Financial analysis course mainly includes: enterprise financial analysis theory, idea, method and the sources of information; Industry analysis and the enterprise competition strategy analysis as the background of enterprise financial analysis and; Balance sheet, income statement and  cash flow statement, consolidated accounting statement of the content and structure; analysis of important project about the statement, relevant financial index calculation and analysis method, and the comprehensive analysis method of financial statements.

101202163015  Transnational Corporation Finance   (2.00 cr.)

Prerequisites: Financial Management

The aim of this course is Understand why it is important to study international finance; Grasp the basic theory of the international finance and specific financial strategy; Training students’ financial judgment, analysis and processing capacity in the specific situation.

The course focuses on international financing of multinational, decision making on international investment, comparative international financial management, international financial statement analysis, foreign currency transaction, foreign currency risk control, international monetary system, multinational internal currency management, usage of transfer price, international taxation management, international political risk evaluation and management, and valuation of multinational performance.