Level 3 (Year 1)

Credits: 10 ECTS

Module leader: Ming-Jin Jiang

Office hour: TBA

Assessment methods

• A1 - In class exercise (10%)
  
  • This exerise will assess your understanding of legal forms of business organisations
  • Marking Grids: A1_Marking_Grids.pdf
• A2 - In-class exercise (10%)
  • This exerise will assess your understanding of financial management and predict a business' financial choice
  • Marking Grids: A2_Marking_Grids.pdf
• A3 - In-class exercise (10%)
  • This exerise will assess your understanding of lean start-up concepts and the application of it
  • Marking Grids: A3_Marking_Grids.pdf
• A4 - In-class exercise (10%)
  • This exerise will assess your understanding of the motivations of merger and acquistion and how a company choose its target by examining the financial ratios. 
  • Marking Grids: A4_Marking_Grids.pdf
• A5 - Case Study (60%)
  • Assessment Guidlines: A5_Assessment_Guidelines.pdf
  • Marking Grids: A5_Marking_Grids.pdf

Learning Outcome

At the end of the module you will be able to:

LO1. Define the most basic business concepts and describe the most common corporate organisational structures.

LO2. Identify the advantages and disadvantages of various financing sources taking into account a firm’s life cycle.

LO3. Recognise the agency problem in businesses and select an appropriate solution to it in a well-defined scenario.

LO4. Extract information from a business’ financial statements.

For more detail, please download the attached MSG: YR1_(L3)_Fundamentals of Business

You can also find the attached Academic Calendar for AY2020/21 MIUC-Academic-Calendar-2020-2021.pdf