July 7–August 15
ECB247: Principles of Financial Management
ECB372: Investment Analysis
Internship: 4-credits or 0-credit
Hong Kong, Pearl of the Orient, is one of the world's most vibrant and cosmopolitan cities. It has long been the gateway to China, which now rivals the U.S. in economic and political power worldwide. By collaborating with the Hang Seng Management College (HSMC), Gordon College is excited to offer students for the first time a unique opportunity to take classes and do internships for six weeks in this bustling city, where the traditional and the cutting-edge coexist and visitors come back again and again to savor its cultural and culinary diversity. This cost-effective course & internship opportunity in Hong Kong is a unique offering to students among Christian liberal arts colleges and most other higher education institutions in the U.S.
Program participants will join students of HSMC to take one or two finance courses taught by Prof. Alice Tsang, CFA, MBA, Associate Professor of Economics and Business and Director of Global Partnership.
ECB247 Principles of Financial Management: (4 credits) Students are introduced to basic concepts of financial management and the roles played by financial managers. Topics covered include financial statement analysis, cash flows, time value of money, capital budgeting and major securities used in corporate finance.
ECB372 Investment Analysis: (4 credits) This course provides students with a basic understanding of financial instruments, investment theories and the investment environments of both the U.S. and Hong Kong. Students will acquire a balanced knowledge of both investment theory and practice. They will have many opportunities to apply investment theories and computer skills to tackle investment problems and design investment portfolios through practical exercises, mini-case studies and projects.
Internship: (4 credits or 0 credit) Arranged by the Hong Kong-America Center.
The course will be taught through a combination of lecture, tutorials and homework assignments. Students will be assessed based on their performance on homework assignments, case studies, presentations, and tests/exams.
The 4-credit internships require regular reports from students and a summary report of their internship experience.
The 0-credit internships require less formal reporting, but reporting and participation in internship discussions are still required.
Registration for international seminars is handled by the GEO. After accepted students have paid their deposit to the GEO, the GEO will register seminar participants.
Program faculty and students will be housed in the dormitory of HSMC. Classes will be conducted in HSMC's classrooms and trading lab which is equipped with Bloomberg terminals for course work.
Weekend activities may include visits to Hong Kong's many interesting districts and world-famous tourist spots, Macau and nearby cities in southern China. Students will have opportunities to explore Hong Kong and environments independently as well.
APPLICATION DEADLINE: February 14, 2014
All application materials listed below must be received by February 14, 2014. Students with strong interest in this study/internship program should contact Professor Tsang as soon as possible to obtain instructions on procedures for internship placement.
If accepted, students will need to be able to provide the following (for visa purposes) by FEBRUARY 28:
Please begin collecting this information as you begin your application. Note: black out all private account/routing numbers on both sides of the copies of all statements.
Program costs include tuition, lodging, visa fees and internship fees if applicable, and entrance fees and travel for travel arranged by faculty for group.
Option 1: one 4-credit ECB course and 4-credit internship (8 credits total): $3990
Option 2: both 4-credit ECB courses (8 credits total): $3600
Option 3: one 4-credit ECB course and 0-credit internship (4 credits total): $3150
Please note: costs do not include round-trip airfare, meals, or on-the-ground transportation to and from internship sites. Estimated costs (not billed by Gordon) for flights, food for 45 days (average at $16 per day) and on-the-ground transportation: $2700. Students are responsible for independent travel costs and all personal out-of-pocket expenses.
A $30 non-refundable application fee and a $450 program deposit** must accompany the application. The remainder will be billed to student accounts. Student should talk to their counselor in Student Financial Services. (**The program deposit will be refunded if the course does not run or if a student is not accepted.)