Programme Outline
Module 2 - Understanding The Environment
Economics For A Global Market
Having successfully completed this course, students should be able to:
- Understand how economists analyse current economic problems
- Describe how different economies perform
- Evaluate how economic policy decisions impinge on business and on general living standards
Business in Society
Having successfully completed this module students should be:
- Sensitized to the diverse set of issues involved in the business – society relationship and debate
- Familiar with the academic literatures underpinning the different perspectives held within the debate
- Able to understand the role of Ethics and Corporate Social Responsibility in modern business
- Equipped to question and critically evaluate the impact of business activities and behaviour on society
- Able to differentiate between the market and non-market issues involved in building a firm’s strategy
Management And Organisations
Having successfully completed of this course, students should be able to:
- Explain the evolution and current status of the work and role of the general manager
- Describe and analyse the main functional areas of the organisation
- Discuss how modern organisations have evolved and continue to evolve, and parallel developments in theory
- Characterise different organisation types with their respective contexts, structure sand management styles, and explain their characteristics, strengths and weaknesses
Organisational Behaviour
Having successfully completed this course, students should have:
- Developed their theoretical knowledge about the field of organizational behaviour
- Related the study of organizational behaviour to the goals and tasks of management
- Been provided with an integrated understanding effectively combining theory and application
- Acquired understanding of, and options for dealing with challenges typical of organizational life
- Acquired techniques for improving organizational performance through the better use of human resources and effective management practice
- Developed their ability to critically analyse, assess and act consistent with the managerial and organizational theories at the level of the individual, the group, and the organization
Accounting & Financial Management
Having successfully completed this course, students should be able to:
- Understand the key components of balance sheets, income statements and cash flow statements
- Identify the deficiencies in accounting statements and understand the impact of accounting standards on them
- Undertake financial analysis of financial statements and identify key trends in performance and financial position of commercial undertakings
- Understand the importance of and the dynamics of finance in business enterprises
- Understand the impact of operating and financial leverage on the performance and financial position of business enterprises
Corporate Financial Management
Having successfully completed this course, students should be able to:
- Understand key financial concepts in order to view business decisions from a financial perspective
- Understand the relation between risk and return and the importance of managing this relation in corporate decision-making;
- Use basic financial mathematics, statistics, excel routines and pricing techniques to value bonds, stocks and other risky assets;
- Understand the operations of financial markets.
- Understand the basic elements of investment, financing, capital structure and dividend decision processes;
- Appreciate recent developments in market efficiency and behavioural finance as they apply to corporate financial management.
Quantitative Analysis
Having successfully completed this course, students should be able to:
- Understand the importance and practical implications of analysis in business
- Create customer feedback questionnaires
- Understand sampling and design implications
- Produce appropriate tables and charts to understand customers
- Produce and interpret basic statistical results
- Produce models that help to understand customer types and their behaviour
- Understand different types of predictive regression models and when to use each
- Interpret time series forecasting models
- Produce quality control analysis
Entrepreneurship
Having successfully completed this module, students should be able to:
- Understand the fundamentals of entrepreneurship
- Independently evaluate the viability of a business plan
- Create a commercially viable business plan for a new venture
Module 1 – Leadership & Teamwork
Module 3 - Managing The Functions
Module 4 - Integrative Management Practice