Budgeting & Managerial Finance is one of two new courses in this semester for Leadership & Management (LM) – Master of Public Policy. In this subject, students are introduced to modern management tools such as Balanced Scorecard and KPI.
In order to help them master practical application of these tools to a specific company context, the teaching team at Fulbright School of Public Policy and Management organized a fieldtrip to Ernst & Young Viet Nam (EY Vietnam).
EY Vietnam is one of the world’s four leading audit and consulting firms specializing in providing audit, tax, financial transaction and advisory services. In Vietnam, with the ability to provide high quality services, insights and in-depth knowledge in the industry, EY has advised a variety of Vietnamese authorities, state-owned enterprises, commercial banks, private firms and FDI corporations.
On behalf of EY Vietnam, Dr. Tran Vinh Du, Partner – Transaction Advisory Services Leader along with other speakers, who are senior managers at EY in transactions and advisory services presented to LM students building blocks of KPI and Balanced Scorecard and demonstrated how these tools are implemented in different enterprises in Vietnam irrespective of their large or small scale.
Graduate education at Fulbright School is not constrained within theoretical knowledge. New models presented in textbooks update students with advanced managerial tools but fail to expose them to examples of how these tools are manifest in practical settings in Vietnam. Sharings of EY experts from their first hand experiences working with local firms help students grapple with problems in their learning and in work.