The Financial and Risk Management concentration focuses on the deepening and implementation of financial management concepts and theories in business management (corporate finance) practices. The concept of financial management is understood as a company’s overall financial management. The learning concepts applied are case studies, case analysis and research seminars on the analysis of company financial management. To get closer to reality, the cases being worked on are taken from real go public companies. The financial statements used are those issued by a public accounting firm.

• Introduction (overview of Financial Management)
• Analysis of Financial Statements (Analysis of Financial Statements)
• Working Capital Management
• Receivable and Payable Management (Account Receivable and Payable Management)
• Cash and Inventory Management (Advanced Issues in Cash Management and Inventory)
• Level of Return and Risk (Risk & Return)
• Time Value of Money (Time Value of Money)
• Bond Valuation & Stock Valuation
• Cost of Capital
• Capital Budgeting
• Capital Structure & Article Consulting (Capital Structure)

MANDATORY COURSES

FINANCIAL MANAGEMENT RESEARCH/FINANCIAL MANAGEMENT RESEARCH (3 SKS)

In this course, students are given an understanding of the characteristics of scientific research, both applied research and pure research in the field of financial management; which will produce accurate and up-to-date information for the purpose of making managerial decisions as well as for the development of knowledge. Scientific research here emphasizes more on quantitative research which is useful as a basis for preparing student final assignments in the form of a thesis. This course also provides skills for students to be able to compile research proposals and research reports that are ready to be published.

INTERNATIONAL FINANCE MANAGEMENT (3 SKS)

This course aims to provide theoretical, policy and practical knowledge about the macro and micro finance aspects of international finance and Forex Rate Behavior as well as provide the ability to analyze and solve international financial problems which include Exchange Rate Risk, Short – Term Assets and Liabilities Management, and Long – Term Asset & Liabilities Management. This course covers macro and micro finance aspects of the activities of Macroeconomic Units (State/Government) and Microeconomic Units (Companies/Organizations/Individuals), especially with regard to the effect of fluctuations in foreign exchange rates on economic activity. international financial trade which includes International Commercial Transactions (Export & Import of goods & services) and/or International Financial Transactions (Investment, Financing, Budgeting, Earning & Hedging) and Financial Performance (Liquidity, Solvency, Profitability, Activity & Growth Ratio). For this reason, this course will discuss company financial decisions such as short and long term funding, cash flow management, costs and capital structure, capital budgeting, working capital management and international trade for international and multinational companies.

CORPORATE RISK MANAGEMENT/ENTERPRISE RISK MANAGEMENT (3 SKS)

This course begins by discussing company efforts to integrate risk management processes, company risk management programs. as well as the function of the chief risk officer within the company. Students also analyze credit, market and operational risks, as well as discuss how risk management has a control function, which pays close attention to actions to minimize risk, then implements a risk management program which then develops its function to optimize company performance. Given that one of the most important success factors for ERM is the integration of risk management into business processes, students will discuss applications and examples of risk-based decision making. Final,

FINANCIAL ENGINEERING/FINANCIAL ENGINEERING (3 SKS)

This course explores the basic conditions of financial engineering needs, situations of business uncertainty, investment and financial situations in various forms that pose risks that require optimal anticipation, techniques and coping strategies. This course is also very comprehensive because the discussion covers various aspects of management science, especially financial management, mathematics and statistics. Throughout the semester, students will carry out active learning using a collaborative learning approach and small group discussions on various concepts, theories, and application examples in the development, simulation and implementation of financial engineering. Students will also be introduced to various types of financial products and their derivatives,

STRATEGIC FINANCIAL MANAGEMENT (3 SKS)

This course will examine the principles and analytical framework of corporate financial management in the long term which can be used by leaders in making decisions related to corporate finance. This course also gives students the opportunity to understand the theory of corporate financial management and how to apply it to real life which has an impact on generating lasting value impact. The sustainable value creation is related to the strategy and business model; capital allocation; strategic funding decisions; organizational architecture; cost management; enterprise risk management; mergers, acquisitions and restructuring; and corporate governance.