CORE MODULE SYNOPSIS FROM LIST A
Accounting
The thrust of the Accounting course is managerial in nature. A successful manager needs to cut through the information system to reach the accounting numbers that really matter, i.e. those that could influence a decision. But first the manager must understand how these numbers are put together before being in a position to spot which ones are critical. The course will provide you with the background and the cutting tools. The mystique surrounding accounting will be removed!
Economics
The objective of the microeconomics section is twofold: to spell out the strengths and weaknesses of the free enterprise system in a politically unbiased fashion and to highlight the economic principles and tools essential for rational decision making in a company. Major microeconomics topics include: economic concepts, issues and tools; the price mechanism; demand; productivity, costs and supply; markets, economic efficiency; organisation of industries; public goods and externalities; income distribution; international trade and exchange rates. The objective of the macroeconomics section is to clarify the national and international economic environment within which firms operate. It is concerned with inflation, unemployment, exchange rates and the potential impact of monetary and fiscal policies. Major macroeconomics topics include: national output, expenditure and income; potential, real and money gross national product; fiscal policy and the multiplier; investment expenditure.
Finance
The principal objective of the course is to capture the most important modern ideas in corporate finance. It has been structured as a logical progression of ideas, starting at a rudimentary level and progressing to an advanced level of financial sophistication, Finance is a theoretical subject with important applications to decision making. It establishes the link between company decision-making and the operation of capital markets.
Marketing
The course deals with the marketing management process, focusing particularly on the steps in the analytical and decision - making process involved in formulating, implementing and controlling a strategic marketing programme for a given product-market entry.
Organisational Behaviour
The objective of the course is to provide students with an understanding of the importance of individual differences, work attitudes and their antecedents and consequences, and the role of process and content theories of employee motivation and performance. These are the fundamental aspects of human behaviour in work settings.
Project Management
Project Management tools and techniques are amongst the most widely used in managing change. Whether a bunch of materials and resources are being changed into a house or some other construction, a cultural change initiative is being undertaken, an IT system is being developed and implemented or a wide range of other changes are being pursued, project management tools and techniques are likely to be employed to provide control and completeness from inception through to implementation. The aim of this course is to provide participants with an understanding of the main elements of project management. It will consider the organisational and people issues surrounding projects and will give a practical insight into project management tools and techniques. Finally, the course will look at the functional and general management skills and knowledge required by successful project managers today.
Strategic Planning
Strategic Planning is a process which involves setting company objectives, choosing among alternative courses of action, allocating resources and evaluating outcomes. While Strategic Planning is an evolving subject, it is firmly based on the concepts and ideas developed in other compulsory courses. The course aims to demonstrate how these ideas and concepts can be applied within a Strategic Planning framework; while there are no 'correct' answers to strategy issues, the Strategic Planning approach provides a structure within which complex problems can be resolved.ELECTIVE MODULE SYNOPSIS FROM LIST B
Decision-Making Techniques
The fundamentals of good decision-making are, first, a clear understanding of the decision itself and, second, the availability of properly focused information to support the decision. Decision-making techniques help with both of these problems. Their value has been greatly increased in recent years through PCs which have made the power of the techniques available to general managers. However, the techniques should be thought of as aids to decision-making and not substitutes for it. The course covers a variety of techniques, namely decision analysis, advanced decision analysis, linear programming, simulation, project planning and computers and decisions, aimed at providing support for a wide range of decisions: from timing the launch of a new product, to portfolio management, to managing a hospital construction project.
Practical History of Financial Markets
There are important lessons from history which are typically locked up in the heads of older practitioners in the field and which each succeeding generation appears to find it necessary to learn afresh. The intention of this course is to set out these important lessons and provide fund managers with an historical context within which current events can be interpreted. It is much more than a chronology of events and attempts to explain the mix of factors that make up the dynamics of financial markets in a historical context (valuations, regulation, taxes, development and role of institutions etc).
Mergers & Acquisitions
As companies grow, develop, and enter new markets choices have to be made on the mode of expansion. The reasons for company expansion, the financial techniques involved in mergers and acquisitions, and the integration of often diverse organisations are typically treated as parts several different disciplines. This course integrates these elements. The focus is on providing the intellectual framework to assist the understanding of the diverse reasons for success and failure and techniques for implementing organisational change in this context.
Quantitative Methods
In order to make decisions it is necessary to have access to information. In the world of business, that information will often be in numerical form. The objective of this course is to enable students to make good decisions and to be able to organise and understand numbers. This is what statistics is about, and why it is important for managers to understand.
.jpg){kind=logo}
