Modules Descriptions
Accounting for Managerial Decisions
This module presents the subject in the perspective of a user of accounting information. It is generally divided into two parts: Financial Accounting and Management Accounting.
Financial Accounting introduces participants to the principles and concepts of accounting, fund statements (double entry, profit and loss, balance sheet, cash flow statements), interpretation of financial reports, capital maintenance, accounting vs economic concepts of income, and accounting for changing prices.
Management Accounting introduces participants to the process of management, cost accounting, cost-volume-profit analysis, variable costing, pricing, short run decisions, capital investment decisions, budgeting (activity based) and control (standard and variance analysis).
The objective of this module is to equip participants with the skills and knowledge of using accounting information to make business decisions. By the end of the module, participants will be able to understand accounting concepts and practices and analyse accounting information to make optimal business plans and decisions.
Human Resource Management
This module focuses on major human resource management (HRM) concepts, issues and practices: managing of workforce, policies and procedures in HRM,equal employment opportunities, HRM planning, recruitment, legal aspects of employment, performance appraisals, training and development, rewarding and compensation.
It will also cover other aspects of HRM which include safety and health, labour relations and international HRM issues. The objective of this module is to provide participants a wide perspective of issues, theories and practices of human resource management.
By the end of the module,participants will be able to understand the scope, roles and responsibilities of HRM practitioners and discuss issues pertaining to management of HRM in local and international context.
Information and Knowledge Management
This module is concerned with the effective management of an organisation’s intellectual capital. It will examine the relationship between information and knowledge management and information strategy and knowledge management.
In general this module provides the role of information and knowledge management in the creation, organisation and utilisation of organisational intellectual capital; introduce the core concepts, theories and models of knowledge management; analyse the principal tools and models and applications of knowledge management; examine the application of knowledge management in a variety of organisational contexts in the public and private sector.
Marketing
This module introduces participants to the principles of marketing, the 4Ps of marketing, the management of marketing functions, the planning, the implementation and evaluation of a marketing plan in the context of a business environment.
By the end of the module, participants will be able to understand and discuss marketing principles and concepts, evaluate market environment (internal and external to the organisation), understand and discuss issues relating to product development, marketing tools, product and service marketing, international marketing and market segmentation.
Organisational Behaviour and Organisational Development
This module focuses on two aspects of an organisation. Organisation Behaviour examines behaviourial pattern of people within an organisation, whereas Organisation Development focuses on managing organisation changes, planning, implementing and controlling organisational changes.
By the end of the module, participants will be able to understand and discuss how organisation behaves and manages organisation development process.
Project Management and Operational Research
This module examines the selection, application and the limitation of various mathematical modules used by management to aid in their decision making.
Topics in this module include linear programming, project network analysis inventory control, queues, simulation and decision analysis.
Financial Management
This module introduces participants to the first principle of finance, Net Present Value. It explores the theories of risk, corporate finance decisions and efficient capital market theory.
It also covers topics on methods and management of long-term and short-term financing, mergers and acquisition and international corporate finance.
The objective of this module is to provide participants with the necessary analytical techniques applicable to a variety of problems in the management of a company’s finance.
By the end of the module, participants will be able to understand and discuss market efficiency, merger and acquisition, investment and risk evaluation, effects of financial decisions have on shareholders and mechanism of managing funds and credits.
Managing Innovation and Change
Two major issues that are crucial for the survival of a business organisation: how to manage, and how to innovate and change. This module introduces participants to the management skills required to manage effectively.
By the end of the module, participants will be able to:
-
Understand the external and internal factors affecting management of innovation and changes of a business organisation.
-
Plan resources required to make business organisation efficient in innovation management including R & D.
-
Implement 'change' programmes for a business organisation.
Research Methodology for Business
This module is designed to equip participants with the necessary skills on literature search and review, qualitative and quantitative research techniques for studying business problems.
It introduces commonly used methods and techniques for business research including survey research design, case study design and interview studies. Statistical tools and techniques such as data sampling, data analysis and hypothesis testing will also be covered.
The skills learned and knowledge gained from this module will be extensively used for the dissertation phase of the MBA programme.
Small Business and Entrepreneurship
This module introduces participants to the management of a small business and entrepreneurship. It highlights the opportunities and challenges, growth issues, business plan, developing marketing strategy, leadership, communications, control and risk management.
By the end of the module, participants will be able to:
-
Understand the roles and limitations of a small business and an entrepreneur.
-
Discuss the issues on managing a small business and the management style in a small business.
International Business
This module focuses on the major forces in the international, foreign and domestic environments: competitive, distributive, economic, socio-economic, financial, legal, physical, political and sociocultural and their relations in international business.
By the end of the module, participants will be able to understand, discuss and defend the strategies and effects of different forces affecting international business and the organisation.
Corporate Strategy
This module combines all major management principles learnt earlier. Participants will learn how to apply them and to develop analytical skills in management situation, with the focus on decision-making and problem solving.
This module highlights the nature and process of choice affecting the future growth, survival and direction of business organisations in the national and international context.
It trains students to analyse, design and implement strategy-related tasks in the perspective of a manager.
By the end of the module, participants will be able to:
-
Understand why an organisation needs to change and develop over time.
-
Evaluate ways in whcih change could occur and how to implement them.
-
Develop skills in conducting stratgic analysis in different industries and under different economic situations.
-
Understand the challenges companies are facing under competitive market environment, both nationally and internationally.
Dissertation
This enables participants to integrate the subject scope acquired in earlier modules. It aims to provide an opportunity for participants to apply the subjects of the programme.
Submission of the Dissertation is approximately 13,000 to 20,000 words. The Dissertation Proposal (750 to 1,250 words) precedes the Dissertation and is a synopsis of the Dissertation’s full scope.
Seminars/Workshops
Plagiarism, Dissertation and Research Methodology
This seminars briefing will be taught at the beginning of the programme. The objective is to guide participants on writing and preparing dissertation, understanding plagiarism and the use of proper referencing guide.
Career Planning
Job and career related workshops such as Interviewing Skills, Resume Writing etc will be organised towards the end of the course to prepare students for job searching activities.
