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

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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

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