Finance:Curriculum - EMA at Fudan
/
Finance:Curriculum

The 34-credit MA program in Finance is composed of the following courses, plus the MA thesis:

COURSE

CONTENTS

1st Semester

Chinese Economy
Yin Xiangshuo, Professor

PhD, Fudan University
Credit: 3
Hours: 48

This course is a special course on Chinese economy. The course is designed to let students understand the great changes in China in the past thirty years through its economic reforms and opening to the outside world, and China’s fast economic development.
The course is divided into three parts. Part one provides a general introduction to Chinese economy from historical perspectives. Part two deals with the process of China’s economic reforms and opening process. The last part turns to issues in China’s economic development in the past thirty years.

New Political Economics in China
Lan Xiaohan, Assistant Professor

PhD, University of Virginia
Credits: 3
Hours: 48

This course includes 16-18 lectures. We will discuss some economic theories and empirical evidence on nation and state, government, and bureacracy, in order to understand the conflict and balance of interests on different levels. Then these theories are confronted with China's history and current affair.

Microeconomics
Li Dan, Associate Professor

PhD, Boston University
Credits: 3
Hours: 48

Economics is the study of how society deals with the problem of allocation of scarce resources across competing uses. Every economic system must answer a few central questions, e.g. what goods to produce, how much of each good to produce, how to produce them, who gets the goods, etc.

International Finance
Hu Xu, Assistant Professor

PhD, Texas A&M University
Credits: 3
Hours: 48

This course studies issues such as the balance of payments, real and nominal exchange rate determination, and macroeconomic policy in open economies.

Foreign Direct Investment in Transition Economy
Luo Changyuan, Associate Professor PhD, Vienna University of Economics and Business Administration
Credits: 2
Hours: 32

This course will explore the motivation and effects of FDI in host countries. The contents consist of two parts, namely general topics and special issues. As for the part of general topics, we will investigate FDI’s role in economic growth and technological progress. As for the part of special issues, we will focus on inward and outward FDI in China. In this part, the first 5 sessions will discuss facts and effects of inward FDI in China. The last session will turn to outward FDI in China.

Topics on Development Economics
Liu Yu, Assistant Professor

PhD, Yale University
Credits: 3
Hours: 48

The course covers some of the central issues in recent development economics literature and introduces a variety of methodological approaches to study these issues. It draws on a broad range of research papers and emphasizes particularly on their empirical methods. The goal of this course is to transform students into researchers who can conduct independent projects related to economic development.

Advanced Topics on Chinese Economy

Zhang Jun, Professor, Dean

PhD, Fudan University

And Other Guest Professors
Credits: 2
Hours: 32

The objective of the course is to make students understand China's economic transition and development, focusing on the role of government as well as the markets. The course runs for sixteen weeks with sixteen topics in Fall semester and has two academic hours every week.

Academic Writing

Luo Han, Associate Professor

Doctor Degree, Fudan University

Credits: 2

Hours: 32

This course is designed especially for the EMA students who are determined to gain academic progress. Through a sound mastery of internationally accepted format and standards for research papers, the course will facilitate the students to apply their language tool to composite research papers in economics, etc. and enhance their abilities in organizing their unique views and ideas on economics-related subjects by efficient utilization of relevant tools in expression, analysis and thinking.

China's Taxation System and Fiscal Policy
Du Li, Associate Professor

PhD, Fudan University
Credits: 3
Hours: 48

This course is designed to introduce China’s taxation system and fiscal policy. It will start with a brief description of the level of China’s tax revenue, China’s tax legislation system, tax collection and administration system and the taxes payable in China. Then the course will cover the rules of China’s major taxes. Various elements such as the scope, taxpayers, taxable items, rates and incentives of these taxes will be discussed. After that, we will recall the major measures taken in China’s last two rounds of tax reform and try to forecast the possible steps of future tax reform. In addition, we will discuss China’s budget system, intergovernmental fiscal relationship and the major fiscal policy measures and their effects.

2nd Semester

Monographic Study on Chinese Finance
Shen Guobing, Professor

PhD, Zhejiang University
Credits: 3
Hours: 48

This course is aimed to enable students to grasp the basic knowledge introduction to Chinese finance, and apply core advanced economic theory and quantitative methods to the issues of Chinese finance, through lecture learning, literature reading and case thinking.

China's Reform and Opening-up
Zhang Yan, Associate Professor

PhD, Peking University
Credits: 2
Hours: 32

Why has Chinese economy grown so fast? Where will Chinese economy go? As a major participant in the world economy, China’s economic future is important to investors, households, and governments. This course tries to give some explanations to so-called China's Miracle, and more importantly, to discuss current top issues and directions of future opening-up and reform.

Environmental and Energy Economics: Approaches and Applications in China
WU Libo, Professor

PhD, Hiroshima University
Credits: 2
Hours: 32

This course aims at delivering comprehensive economic interpretations on the policy mechanisms of environmental and natural resource management. Since policy instruments for environmental and natural Resource management is deeply rooted in economics but also informed by perspectives drawn from political, legal, ecological, and psychological research, this course will involve equity and political thinking.

China's Financial System
Yin Xingmin, Professor

PhD, University of Essex
Credits: 3
Hours: 48

Overview of China’s financial system, the banking and intermediation sector, understanding China’s interest rates, central banking and the conduct of monetary policy, money and inflation, financial intermediation and credit policy in economic development, the interaction between monetary and fiscal policies, the money markets, the capital markets, the mortgage markets, debate on RMB exchange rate policy, commercial banking industry, banking regulation, securities and investment funds, and financial system and economic performance.

Applied Econometrics

Zhou Yu, Assistant Professor

PhD, University of Michigan, Ann Arbor
Credits: 2
Hours: 32

This course is designed to be a user-friendly approach to practical econometric analysis for advanced undergraduate students or master students. This is meant to be an applied course, though, I will be using significant amounts of mathematical notation throughout the lectures. Basic familiarity with elementary calculus and statistics is required. Matrix algebra would be helpful.

World Economy and China
Lu Hanyin, Associate Professor

PhD, Fudan University
Credits: 2
Hours: 32

This course examines the implications of China's emergence as a major player in the world economy. Its integration into the global economy brings major effects for the rest of the world. China's participation in the world economy also offers important opportunities for trade, investment, and international cooperation to promote world prosperity and stability.

Urbanization in China

Wang Zhi, Assistant Professor

PhD, Brown University

Credits: 3

Hours: 48

The goal of this course is to give students an understanding of how to apply the latest thinking and research in economics to analyze a series of topics related to urbanization in China.

Chinese Language and Culture

Fan Ruoen, Associate Professor

Credits: 3

Hours: 48

Through an overall but critical introduction and a close reading of the selected (translated) texts, this course explores different aspects of Chinese language and culture and helps students to develop their appreciation of the basic elements of Chinese culture. An investigation of the formation of Chinese language, culture and theso-called national characteristics will help rethink our contemporary understanding of China and demystify a nation that has for long been mystified in varied ways. Students will be expected to be simultaneously involved with their own observation of China and the comparative study of China and their own cultures.

Macroeconomics
Ge Jinfeng, Assistant Professor

PhD, Stockholm University
Credits: 3
Hours: 48

The level of this course is intermediate macroeconomics. Macroeconomists are interested to know how far the standard model can explain consumption, investment, unemployment, business cycle, economic growth, money demand ... A bit stretched perhaps, policy implications can be obtained based on relevant frameworks. In the end of the course, students are supposed to know how to solve basic models, and how to map from theory to reality.

Political Economy in East Asia

Guo Dingping, Professor

PhD, Tokyo University

Credits:2

Hours: 32

This course is designed to introduce and analyze the political and economic developments in East Asian countries and areas in order to help students better understand the rise of East Asiaand its impact on the world. For the purposes of this course, East Asia is defined as the region encompassingChina,Korea,JapanandSoutheast Asia(10+3).

Industrial Organization
Zhou Yu, Assistant Professor

PhD, University of Michigan, Ann Arbor
Credits: 3
Hours: 48

The purpose of this course is to expose students to topics and techniques frequently discussed in Industrial Organization Literature. The first half will cover demand, supply, entry and matching. The second half will cover single-agent dynamics and market dynamics.

Corporate Finance

Xu Haibo, Assistant Professor

PhD, Washington University in St. Louis

Credits: 3

Hours: 48

To be updated.

3rd Semester

Doing Business in China
He Xiyou, Associate Professor

PhD, Seoul National University
Credits: 3
Hours: 48

Fast economic expansion, coupled with a rapid market transformation and a series of government reforms, China has become an increasingly attractive destination to do business. This course is designed to introduce some basic knowledge of Chinese culture, economy, legal system, market entry strategy which are essential to building a successful business in China.

Chinese Foreign Trade
Cheng Dazhong, Professor

PhD, Fudan University
Credits: 2
Hours: 32

This course is comprised of three sections. In Section I, we first introduce basic theories and approaches that are useful for analyzing Chinese foreign trade. Then we look back the long history of Chinese foreign trade and pay special attention to the regime reform of Chinese foreign trade since 1978 and China’s response to the latest developments in the global economic and trade institutions. Section II investigates Chinese foreign trade pattern, structure and performance in different settings including neoclassical framework, at the industry-level as well as the firm-level, and in the presence of “trade in tasks” or “trade in value added”. The final section discusses the implications of Chinese foreign trade development for China and the rest of the world.

Capital Markets in China
Quan Qi, Associate Professor

PhD, Katholieke Universiteit Leuven
Credits: 2
Hours: 32

This course discusses China’s capital market and financial system, based upon a unifying and analytic framework of financial market theories, monetary theories and the role of monetary policy in the economy. By learning this course, the students are expected to learn basic economic principles of money, banking and financial markets and develop in-depth understanding of the latest development of the capital market and financial system in China.

Social Security System and Its Reform in China
Ding Chun, Professor

PhD, Fudan University
Credits: 2
Hours: 32

Through the course, they can have an understanding of the basic concepts of the social security system, relevant theories and the bud, the formation, the question of reform and the trends of the social security system in the world,. On this basis, the establishment, development, reform and reconstruction of Chinese urban and rural social security system are introduced since the founding of New China.

4th Semeser  Thesis Writing

 

Note: In addition to the courses above, we have series of short-term courses named after Pro. Jiang Xuemo which are taught by the esteemed scholars from all over the world.