Programme at a Glance
- Start Date: September 2017
- Duration: 12 months
- Delivery: 16 taught modules and choice of electives. Teaching includes a mix of lecturers, guest speakers, live action learning, projects and workshops
- International Residency Weeks: Belgium (mandatory), China (optional) and South Africa (optional)
- Average Age: 32
- Average Work Experience: 9 years
- Number of Nationalities: 17
- Ratio of Women to Men: 45:55
Modules and Module Descriptions
|Leadership and Professional Development||Leadership and Professional Development||Leadership and Professional Development|
|Business in Society||Data Analytics||European Week|
|Entrepreneurship||Corporate Finance in Practice||Elective Week 1|
|Management & Organisation||Operations Strategy||Elective Week 2|
|Fundamentals of Accounting||Financial Statement Analysis||SME Growth Project|
|Corporate Financial Management||Marketing Strategy||Social Entrepreneurship Project|
|Organisational Behaviour||Strategic Management||Strategic Company Project|
|Economics for a Global Market||Strategic Company Project|
Elective Week 1:
Elective Week 2:
NB - Timetable and modules are subject to change.
Fundamentals of Accounting
This module provides a working knowledge of the fundamentals of accounting and finance. Having completed this module, you 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
- Understand the key elements of costing & pricing to optimize value for the business
Corporate Financial Management
The finance function is a critical aspect of any organisation. The success or failure of a firm may be influenced significantly by how it manages its’ finances. Having completed this module, you should be able to:
- Explore the concept of financial management and its importance to organizations
- Appraise capital investments through the use of appropriate methods and techniques
- 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 basic elements of investment, financing, capital structure and dividend decision processes
- Explain how businesses create value
Professor: Samuel Vigne
Corporate Finance in Practice
The module provides an introduction to corporate finance and application of theory to problems relevant to managers. Having completed this module, you should be able to:
Apply the fundamental theory of Corporate Finance (taught in Term 1) to real-life corporate finance situations such as:
- Venture Capital,
- Private Equity,
- Management Buy-Out,
- Corporate Restructuring
Financial Statement Analysis
The success of business enterprises is measured by their financial performance and their financial strength. Financial statements provide the key to understanding that success. This module is built around the analysis of the financial reports of international businesses across range of industries.
On successful completion of this module the student should be able to:
- Evaluate an enterprise’s financial performance and financial position using its publicly reported financial statements.
- Identify how day-to-day operational and financing decisions are reflected in an enterprise’s financial statements.
- Use Excel to assist in financial forecasting.
- Interpret the components of the assets, liabilities and equity sections of the balance sheet, especially the notes supporting these components of the financial statements.
- Assess the significance of the different sources and uses of cash flow – operating, investing and financing cash flows.
- Compute the cost of equity and debt capital from data in financial statements.
- Perform a DCF valuation of equity, using financial statements and drawing on the theoretical insights from the corporate finance course.
Professor: Gerard McHugh
Economics for a Global Market
It is essential for managers of all organisations to possess an understanding of the global economic factors which have a bearing on international businesses from all sectors and industries.
Having completed this module, you should be able to:
- Macroeconomics: an in-depth understanding of the behaviour of the aggregate economy. Monetary and fiscal policy and the role of the exchange rate.
- Microeconomics: have the ability to analyse the behaviour of consumers, firms and industries; how they respond to government intervention etc.
- Origins of the recent global financial crisis and the Eurozone crisis.
This modules focuses on how managers ensure their organisation’s enduring success. Having completed this module, you should be able to:
- Demonstrate mastery of the concepts, theories and techniques on which strategic management in the business sector is based
- Formulate and design strategies, strategic planning systems and strategic implementation plans
- Develop an understanding of the complex, multi-disciplinary, inter-related and intractable nature of strategic issues confronting the senior management of firms
- Demonstrate a facility for critical, evaluative, strategic thinking
- Critically assess strategies and strategic profiles at firm and industry levels
- Apply strategic principles, concepts, theories, techniques and systems in a wide range of business and industry settings
Management and Organisations
This module sets out a broad contextual & historical perspective on the field of management and organisation, and specifically through detailed examination of organisation design and its contribution to the overall capability of the business. Having completed this module, you should be able to:
- Discuss how modern organisations have evolved and continue to evolve, and parallel developments in theory
- Describe and analyse the main functional areas of the organisation
- Characterise different organisation types with their respective contexts, structures and management styles, and explain their characteristics, strengths and weaknesses
- Apply organisational models analytically and diagnostically
This module takes a detailed look at the decisions managers need to make about operational activities. Having completed this module, you should be able to:
• To define and to describe the field of operations strategy
• To Identify and to understand the working of manufacturing and service firms from an operations perspective
• To conduct relevant analyses of operational and managerial situations and scenarios
• To apply key concepts in the field of operations strategy such as process, capacity, quality, development, improvement, focus
• To communicate conclusions and recommendations in a professional manner
• To work effectively as an individual in a team focused on reviewing the performance of an operation
Managing Information Systems
This module provides a comprehensive understanding of the role of Information Systems in developing, integrating and supporting the work of large complex organisations. Having completed this module, you should be able to:
- Diagnose key organisational challenges associated with the deployment of modern IS systems in large complex organisations;
- Evaluate the role of management in shaping and supporting an organisation’s programme of work with regard to IS; and
- Create a strategy for planned change that aligns an organisation’s IS-enabled programme of work with priority organisational objectives.
Strategic Human Resource Management
This module provides the frameworks, concepts and tools to develop human resource strategies and practices that will support and enable the delivery of business strategy. Having completed this module, you should be able to:
- Build a culture which will dominate your organisation’s marketplace
- Diagnose cultural functionality and dysfunctionality
- Define the behavioural requirements for successful implementation of strategy
This module develops the manager’s critical awareness of the issues and challenges associated with the development and implementation of strategy and processes from an international perspective. As a graduate you will better equipped to apply concepts and skills across multiple overseas operations in your project work.
Having successfully completed this module, the student should be able to:
- Appreciate the evolving competitive context of International Business (IB).
- Recognize the factors that distinguish IB from domestic business transactions
- Understand the interrelatedness of issues that impinge on management decision-making in the international environment
- Grasp that learning opportunities for companies and their managers can be gained from involvement in the conduct of international operations
- Apply concepts and skills relevant to the formulation and implementation of strategy across multiple overseas operations including;
- Identifying and acting on new opportunities
- Linking and leveraging those pockets of entrepreneurial initiative
- Articulating and inspiring others to follow
Professor: Paul Ryan
Data-driven businesses show significantly better financial and market performance relative to competitors. This trend towards using 'Big Data' is fuelled by the ever-increasing availability of digital information and the increasing computation power. By leveraging analytics and new big data technologies companies can create valuable insights about their customers and business which gives them a competitive advantage. Having successfully completed this module, the student should be able to:
- Develop an analytical strategy for an organisation
- Identify data driven business cases
- Have a good understanding about new digital technologies to collect data
- Identify the appropriate methodology for a given managerial problem
- to adapt the processes and culture in their company in such a way that it facilitates data driven decision making
- Communicate with business analysts and data scientists
This module provides the background structure on how start-up enterprises are researched, planned and launched as well as covering the development of initiatives and intrapreneurial processes in larger established organizations.
The module maintains a strong applied focus by requiring students to work in groups in creating and developing their own business ideas into a commercial proposal. Having completed this module, you should be able to:
- Have an in depth knowledge of lean start-up principles including the “business canvas” approach
- Undertake Business Proposal report creation and strategic analysis using environmental scanning models and techniques.
- Design sustainable business/operating & financial models
- Understand the concepts around globalization, impacts with entrepreneurship and the international trade and business framework.
- Develop an effective exit plan as a component of strategic planning and characterise modes of exit and valuation methodologies
This module has the objective of reviewing the financial, control and investment opportunities faced by rapidly growing companies in entrepreneurial settings. The objective of study is to consider and select financing vehicles which are appropriate to securing the organisations’ money requirements and to understand and analyse the issues in the institutional framework in which those decisions take place.
Having completed this module, you should be able to:
- Analyse various sources of financing, including short and long term debt, subordinated capital and venture capital/equity.
- Have a comprehensive understanding of public versus private financing, on and off balance sheet capital and tax orientated financing.
- Compare the selection and trade‐offs of financing vehicles with company progress and market conditions.
- Analyse different institutional regimes and the reasons for particular anomalies in the financing of small and growing enterprises.
This module provides a guided “action-learning” style or professional apprenticeship, similar to the mode of development of other professions. The practice is on “live” cases, rather than distant academic assimilation of material. Having completed this module, you should be able to:
- Begin to act as a general manager or management consultant, using an array of management tools and techniques to analyse organisational issues of strategic significance and devise suitable organisations responses and an implementation “blueprint”.
Leadership and Professional Development
This module provides a platform for students to develop their Signature Approach to Sustainable
Leadership through the medium of experiential and action learning. Having completed this module, you should be able to:
- Recognise the impact of their style and “script” on their leadership
- Manage and lead with increased effectiveness during difficult and pressurised challenges
- Demonstrate their ability to influence others appropriately
- Show consistent commitment and openness to self-learning and feedback
- Exhibit increased self-awareness & mastery of self
- Demonstrate their ability to be part of a Team
- Demonstrate understanding of the organisation as a “system”, and the skills needed to positively impact an organisation
- Assess their personal learning and identify a pathway for continuous professional growth
- Make sense of challenging situations in business and have an ability to design and implement simple solutions to transform them
- When placed in a simulated leadership challenge experience, be able to synthesise the MBA Programme learnings and apply their enhanced leadership and teamwork skills in real time to achieve optimal results
- Provide concrete examples of their ability to implement positive personal change
- Apply systemic program learnings to deliver joint objectives & common team goals
- Show willingness to take on the responsibilities of leadership through effective engagement with peers, faculty, project clients and all key stakeholders
- Present and explain their Signature Approach to Sustainable Leadership
Marketing is seen as a fundamental function within organizations today. Having completed this module, you should be able to:
- Understand the core marketing strategies of competing through managing customer relationships, managing customer service, branding and managing innovation.
- To be competent in the use of various digital marketing techniques and tactics as well as a full appreciation of the key issues within digital marketing strategy development and implementation.
- To identify, and know how to address, the key decisions facing marketing managers and marketing decision makers.
This module deals with the behaviour of individuals, groups, leaders and managers in work organisations. It addresses the fields of leadership, management, team building and team work, motivation and rewards working in multi-cultural organizations. On successful completion of this course, students should be able to:
- Develop their theoretical knowledge about the field of organizational behaviour;
- Relate the study of organizational behaviour to the goals and tasks of management;
- Provide an integrated understanding effectively combining theory and application;
- Deal with challenges typical of organizational life;
- Improve organizational performance through the better use of human
- Resources and effective management practice;
- Critically analyse, assess and act consistent with the managerial and organizational theories at the level of the individual, the group, and the organization.
Business in Society
This course aims to explore the continuous political and social pressures that businesses operate under together with the social impact of business and the role it plays in society. It looks at the social pressures and threatening forces that continuously face business managers as well as the opportunities that exist for business.
Having successfully completed this module, the student 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
- Able to weigh up the moral/ethical aspects of business issues
- Able to create and implement strategies and policies that are consistent with good corporate governance and good corporate citizenship