Diploma in Governance & Compliance

Course Details

Course Level Diploma
Language English
Duration 6 Months
Category Business Management

Academic & Corporate Communication

Content:

This syllabus is designed to build confidence in speaking, listening, reading, and writing English in business contexts. Students will increase vocabulary and practice using Business English in everyday business situations on the telephone, and in meetings, presentations or negotiations. In addition, students will develop Business English skills by writing e-mails, memos and business letters, participating in simulated meetings and role-plays, and discussing case studies.

Objective

The Syllabus aims at increasing the students’ ability to communicate in English and to improve the

confidence in dealing with corporate business environment

  • Business skills: Presentations, Negotiations, Meetings, Socializing, Introductions, Telephoning, writing reports, Writing business letters
  • Tasks: activities students need to do using the language in order to achieve something
  • Lexis: idioms, expressions, vocabulary, etc.
  • Functions: agreeing, disagreeing, giving explanations, taking the floor, interrupting, asking for opinions, etc.
  • Texts: examples of authentic written and spoken texts.
  • Grammar: word order, adverbial phrases, if clauses, verb tenses. For example: to describe trends students need to know when to use the present progressive, the past simple or the present perfect.
  • Learning strategies: recording vocabulary, looking for information
  • Intercultural skills: awareness of different cultures

Learner Outcome:

On completion of the syllabus, students shall be able to

Understand how English is used to communicate in writing and orally in different business contexts, including meetings, presentations and business correspondence

  • Demonstrate a basic knowledge and understanding of the grammar and style of the English language
  • Write business letters and internal communication in English
  • Prepare and carry out short, business economy-related presentations in English, both individually and in groups
  • Read, summarize and discuss the business economics-related books, magazine articles, and scientific papers
  • Master a basic vocabulary of business economics-related words and phrases, and a knowledge of basic English grammar

Requirements and Evaluation:

Oral presentation 20%

English Mastery 20% (as shown in class responses and in oral and written assignments)

Written assignments 30% (vocabulary, listening, reading, email, faxes, short

reports, letters, C.V., etc.)

Final exam 30%

Emotional Intelligence

Content:

What exactly is emotional intelligence?

Emotional intelligence (otherwise known as emotional quotient or EQ) is the ability to understand, use, and manage your own emotions in positive ways to relieve stress, communicate effectively, empathize with others, overcome challenges and defuse conflict. Emotional intelligence helps you build stronger relationships, succeed at school and work, and achieve your career and personal goals. It can also help you to connect with your feelings, turn intention into action, and make informed decisions about what matters most to you.

Emotional intelligence is commonly defined by four attributes:

Self-management – You’re able to control impulsive feelings and behaviors, manage your emotions in healthy ways, take initiative, follow through on commitments, and adapt to changing circumstances.

Self-awareness – You recognize your own emotions and how they affect your thoughts and behavior. You know your strengths and weaknesses and have self-confidence.

Social awareness – You have empathy. You can understand the emotions, needs, and concerns of other people, pick up on emotional cues, feel comfortable socially, and recognize the power dynamics in a group or organization.

Relationship management – You know how to develop and maintain good relationships, communicate clearly, inspire and influence others, work well in a team, and manage conflict.

Why is emotional intelligence so important?

Objective:

Emotions can influence the way we act and react in the workplace. Emotional Intelligence is the ability to recognize behavior’s, moods, and impulses, and manage them in a positive way so that one can communicate effectively, empathize with others, manage stress, overcome challenging situations and defuse conflict. Emotional intelligence helps to build stronger relationships, at work, and achieve career and institutional goals.

Learner Outcome:

By the end of the module the student should demonstrate a satisfactory level of understanding and application of:

Define Emotional Intelligence (EQ).

Identify the benefits of emotional intelligence.

Learn the four core skills required to practice emotional intelligence.

Define and practice self-management, self-awareness, self-regulation, self-motivation and empathy.

Successfully communicate with others in a non-verbal manner.

Verbally communicate with others.

Interpret and manage your emotions. Master tools to regulate and gain control of one’s own emotions

Articulate your emotions using the right language.

Balance optimism and pessimism.

Effectively impact others.

Relate emotional intelligence to the workplace.

Use the concepts and techniques in the workplace

Governance & Best Practices

Content

  • What is Corporate Governance
  • Models of Corporate Governance
  • The Definitions of Corporate Governance
  • The Regulations and Practice
  • Good Governance
  • Secretaries’ role in Governance
  • Board Directors
  • Shareholders
  • Auditors’ role in corporate governance
  • Legislations

Objective:

The module covers.

A fast-growing area of the theory and practice of corporate governance and its role in the strategic management of the modern corporation.

  • To make clear; the principles of corporate governance (CG).
  • To provide tools for analysis of a company’s corporate governance system.
  • To develop the skills in analysis of CG relationship with companies’ performance.
  • To acquire the knowledge of basic functions of CG, key financial and non-financial stakeholders, the role of financial and non-financial institutions in a company’s governance, key concepts of CG.
  • To acquire the ability to analyze principles of decision-making, to determine the key interests of major stakeholders, to analyze the system of CG.
  • To acquire the skills of matching CG decisions and a company’s strategy, alongside taking ethical and reasonable, data-driven CG decisions.

Learning outcome:

By the end of the module the student should demonstrate a satisfactory level of understanding and application of:

  • Critically apply corporate governance theories and frameworks to various corporate governance structures found in their local environments and understand principles of corporate goals and strategy forming processes.
  • Demonstrate a solid understanding of the purpose and nature of corporations.
  • Show an advanced understanding of the role of the board of directors in shaping the strategy of a company and protecting the interests of stakeholders. They should understand the relationship between ownership theories and corporate governance practices.
  • Students should understand recognize stakeholders’ interests in corporate governance.
  • Explain the importance of regulation, markets and information in corporate governance.
  • Evaluate international differences and similarities in relevant institutions and developments.
  • Critically assess governance concerns for individual corporations and their stakeholders.
  • Show an advanced understanding of the relationship between the management of a company and the objectives of the relevant stakeholders.
  • Identify the key factors shaping the debate on the recent development of corporate governance regulations and code.
  • Assess the difficulties facing companies required to apply their own national corporate governance regulations in foreign subsidiaries and joint ventures.
  • Demonstrate a critical appreciation of the growing importance of corporate responsibility and how it relates to corporate strategy.

Compliance & Risk Management

Content

Understanding the Regulatory Environment

Financial Industry and Risk Management

The Role of the Compliance Officer

Governance and Creating Compliance Culture

Risk of Money Laundering and Financing of Terrorism

Managing the Financial Crime/Frauds

Objective

The module covers

  • Understand the core concepts related to governance, risk management and compliance (GRC)
  • Understand the key roles necessary to create an integrated GRC capability at your organization (e.g., audit, legal, human resources, IT, compliance, risk management, ethics, the boards, etc.).
  • Learn the necessary components to help your organization become a Principled Performer – reliably achieve objectives while addressing uncertainty and acting with integrity.
  • Motivate and inspire desired conduct through the concept of Principled Performance.
  • How to develop and implement a GRC strategic plan.
  • Align risk and compliance in the context of your organization.
  • Understand, define, and enhance organizational culture as it relates to performance, risk, and compliance Implement GRC processes that are effective and efficient.
  • Learn how to assure the GRC activities by using a risk-based audit approach.

Learning outcome

By the end of the module the student should demonstrate a satisfactory level of understanding and application of:

  • Become familiar with compliance as an organizational Principle.
  • Understand why managing risk and compliance are important to you as an employee, and to the organization as a business; and Learn about the support and resources available to help.
  • Explain existing regulatory as well as supervisory mechanisms that ensure the creation of a deep, efficient, transparent and accountable financial sector.
  • Demonstrate an effective understanding of the role of the compliance officer/manager in the company.
  • Identify the elements or characteristics of an effective risk management.
  • Compliance and governance framework in the financial institution.
  • Evaluate the risk of internal and external systems of control in their institutions.
  • Design, implement and maintain an effective risk, compliance and governance structure.

Corporate Law

Content

What is Corporate Law.

Legal History of Company Law in Sri Lanka

Classification of companies

Formation of Companies

Stakeholders

Capital of a company

Contracts

Management and officers of companies

Stakeholder rights

Amalgamations

Winding up.

Register General of Companies

Offences under the Act

Application of companies Act of 2007 and legal principles.

Objective:

The module covers

The elementary ideas and the logic of the corporate law. In that the students will be acquainted with the legal norms regulating the subjects of the corporate law, their legal structure and the position (status) of the trading subjects.

An in-depth knowledge about incorporation, raising capital by companies, borrowings and investments by companies, foreign direct investment, corporate restructuring, corporate insolvency and other related important issues.

Learning outcome:

By the end of the module the student should demonstrate a satisfactory level of understanding and application of;

Apply Companies Act and legal principles in business activities.

Corporate personality.

The incorporation processes.

The corporate constitution.

Company contracts.

Administration of companies and management of the business of companies.

Duties and liabilities of directors and officers.

Share capital and membership.

Members’ remedies.

Company credit and security arrangements.

Winding up of companies.