It's soso. I suppose it's interesting to learn about how different countries have such different ways of running companies to the way we are brought up in Australia to think that the stock market and "independent" people are the only way to run a company.
For the most part, it's just a lot of reading newspaper articles, discussions related to current events, and your tutorials will be far more opinion based than anything out of a textbook. In fact, there isn't a textbook- just a huge thick book of newspaper clippings. Topics include hostile takeovers and how some of the strategies used in convincing the board to get on side, the holding out effect (why some shareholders will always say no to the first offer because they want more), ethics of course, Nick Bolton and Enron and various other corporate scandals/collapses/issues.
I would recommend this subject if you are interested in really learning what directors/managers/shareholders relationship is. To be honest, I thought I knew it all from what we learn in other subjects but ICG actually goes into a lot of depth as to the roles and responsibilities of the various parties, and how things come to be the way they are (e.g. how one party can unfairly influence others, and lead to proxy fights and etc)...
In summary it's not a hard subject but it requires you to genuinely care about the topic. If you are doing it purely for WAM boosting or whatever, you will be dead bored.
