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MBA Foundation Courses

Contents

The MBA Handbook

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Online Business School 

Study Abroad

Rationale

Objectives

Learning Outcomes

Teaching and Learning Resources

Learner Support

Related Courses and Programmes

Recommended Readings

Resources

Learning Centres

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MBA

 

MBA Foundations

 

Rationale

Master of Business Administration (MBA) is a master's degree in business administration, which attracts people from a wide range of academic disciplines.

 

This programme consists of a series of short but comprehensive course options designed to prepare students for postgraduate study at their local, British, other European, Australian and US Universities and Business Schools. The Foundation courses build basic academic knowledge in and understanding of the main business functions whilst introducing the participants to a higher education level learning environment. Successful completion of the programme should lead to enhanced study opportunities at home and abroad.

Whilst the courses are optional according to the needs of the students, their employers and the learning centres, the programme as a whole can normally be completed in one academic year.

Objectives

The courses are designed to lead the student through the fundamental principles with which to understand human behavior inside public organisations. Each course examines and analyses relevant theories to explain and create a solid understanding of the underpinning concepts of a business organisation.

 

Learning Outcomes

Each course will help to develop the student's analytical thinking capabilities by comparing and contrasting conflicting theories of organizations.

  1. The student's literacy skills will be enhanced through recommended texts, class discussions and workshops.
  2. The courses rely on up-to-date material whilst showing the evolution of the discipline over the past decades.
  3. By considering the impact of various organizational management and styles on individuals and society as a whole, the student should develop a better understanding of human behavior.
  4. The courses should be useful in increasing the student's awareness of the cultures and experiences of persons in a multi-cultural society as the application of different management styles and priorities exerts a substantial impact upon diverse cultural groups.
  5. This course will prepare the student for more advanced studies in business administration.

 

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Teaching and Learning Resources

 

 

Management - Competence Based Approach

Contents

Recommended Texts

Management - Competence Based Approach

Management: A Competency-Based Approach

Don Hellriegel, Susan E. Jackson, John W. Slocum Jr.
Management - A Competency-Based Approach
10th Edition ©2005
ISBN: 0324259948

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Financial Analysis and Markets

Contents

Introduction

An introduction to the concepts and procedures underlying financial accounting and to the use of financial accounting information for decision making.

 

Learning Objectives

  • to provide you with a working knowledge of the terminology and fundamental concepts used in the finance business world,
  • to develop your ability to understand and analyse accounting information and to use this information in making decisions, and
  • to help you understand the impact business events have on an entity’s financial statements by using real world examples.
  • to understand how financial institutions operate around the world

 

Recommended Texts

Financial Markets & Corporate Strategy

Financial Markets & Corporate Strategy
by Mark Grinblatt, Sheridan Titman

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Foundations of Financial Management

Foundations of Financial Management

Stanley Block, Texas Christian University
Geoffrey Hirt, DePaul University

ISBN: 0072842296
Copyright year: 2005

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Management Accounting

Contents

Introduction

An introduction to the concepts underlying the preparation and use of accounting data by managers as they plan control and make decisions within the organization. Topics covered include financial performance measures and transfer pricing, activity based costing (ABC), Pricing and product mix decisions, product costing systems and general principles of job costing.

 

Learning Objectives

After successful completion of the course students will:

  • understand accounting techniques used by corporate management to aid in planning, directing, controlling, and decision-making activities.
  • use accounting data to identify and analyze alternatives with the purpose of making managerial choices to maximize economic benefits to a firm.
  • familiarize themselves with accounting related problem-solving techniques, such as determining unit product costs, measuring production process costs, budgeting, performance reporting, and efficient allocation of a firm's resources.
  • gain experience with computerized spreadsheets and other electronic tools used in business problem-solving, budgeting, and financial analysis.
  • obtain a working knowledge of accounting tools as a foundation for further study in management, accounting, and other business disciplines

Recommended Texts

Fundamental Managerial Accounting Concepts

Fundamental Managerial Accounting Concepts

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Management Accounting, An Australian Pespective

Management Accounting, An Australian Perspective

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Managerial Accounting: Creating Value in a Dynamic Business Environment

Managerial Accounting: Creating Value in a Dynamic Business Environment, 5/e
Ronald W. Hilton

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Business Research and Analysis

Contents

Introduction

An introduction to the statistical techniques of collecting, classifying and analyzing data, the fundamentals of probability theory, probability distributions, the central limit theorem and estimation. The focus will be on methods that are central in generating information for decision analysis. Topics include hypothesis testing, regression analysis, and experimental design.

 

Learning Objectives

After successful completion of the course students will:

  • understand and be able to use the main to business research methods
  • recognise the importance of research and its relationship to business development and survival
  • be able to analyse their research data and report professionally on the outcomes
  • improve their writing skills, especially those concerned with accurate communication of information and rational arguments

Recommended Texts

Business Research Methods

Business Research Methods, 8/e
Donald R Cooper, Florida Atlantic University
Pamela S Schindler, Wittenberg University

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Contemporary Marketing

Contents

Introduction

This course covers the essentials of marketing, including macro and micro concepts that affect marketing management. The course will introduce marketing terminology, definitions, theories, concepts, and practices. The course will center around the decision variables used by marketing managers, both at the domestic and global level.

 

Learning Objectives

After successful completion of the course students will:

  • have a working knowledge of the terms and definitions associated with the marketing mix; product, place, promotion, and price. A working knowledge of the terms and definitions associated with the sub elements of each of these marketing mix elements should also result.
  • be able to identify and define the various strategies associated with each element of the marketing mix and their sub-components.
  • be able to define the terms, definitions, and procedures involved with the process of identifying and selecting target markets, and be able to explain how target market decisions affect marketing strategy.
  • know the terms, definitions, and graphic representation of the product life cycle, and the significance of the product life cycle on marketing strategy.
  • be able to identify and understand the implications posed by the various elements of the macro- and micro- environment, including terms and definitions. They should also be able to explain how the macro- and micro-environments effect marketing decisions and strategies.
  • know the terms, definitions, and steps involved in the organizational and consumer decision-making process and be able to explain how these processes affect marketing strategy
  • be able to explain the steps involved in selecting, developing, and implementing marketing strategies.

Recommended Texts

Contemporary Marketing

Contemporary Marketing, 11e
by Boone & Kurtz

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Microeconomics

Contents

Introduction

This course is designed to acquaint you with the basic tools of microeconomics. Economics is the study of how society allocates its scarce resources, and microeconomics is the study of the behavior of households and firms, whose collective decisions determine how resources are allocated in a free market economy. The goal of the course is to teach you to "think like an economist," which I hope will help you to understand the world around you, make better economic decisions in your own life, and be a more informed citizen and voter. The course focuses on economic theory and therefore will often rely on abstract concepts. However, the course will emphasize the application of these concepts to real world situations through frequent in-class discussions of current events and interactive learning exercises.

Learning Objectives

Upon successful completion of this course, the student will be able to:

  • Describe how price is determined in imperfect, monopoly, and perfect competitive markets
  • Identify drive-profit-maximizing production levels when given supply and demand curves
  • Derive the shutdown production level for the firm
  • Explain the determinants and what causes change in Demand and Supply for consumer goods

Recommended Texts

Microeconomics

Microeconomics

Fifth Edition

Robert S. Pindyck and Daniel L. Rubinfeld, . Upper Saddle River, NJ: Prentice-Hall.

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Economics

Economics, 6e

Microeconomics, 6e
by Roger A. Arnold

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Macroeconomics

Contents

Introduction

This course is concerned with the construction of macroeconomic theories that can explain and predict variations in aggregative (economy-wide) variables, such as GNP, unemployment, the general price level, interest rates, growth rates, and the exchange rate. The course material and class organization stress the development of the tools and background necessary for your field courses.

 

Learning Objectives

After successful completion of the course students will:

  • have acquired the ability to explain and manipulate the aggregate demand-aggregate supply model;
  • have gained an understanding of the various approaches to the explanation of deviations of actual from trend national income proposed by mainstream twentieth century schools of macroeconomic thought;
  • understand the policy-prescription implications of the various approaches studied;
  • have developed the skills required to
    • research these issues,
    • work collaboratively with their colleagues, and
    • express their views clearly and persuasively, orally and in writing.

Recommended Texts

Principles of Macroeconomics

Principles of Macroeconomics,
Canadian Edition
2nd Edition

N. Gregory Mankiw
Harvard University
Ronald D. Kneebone Associate Professor
University of Calgary
Kenneth J. McKenzie Associate Professor
University of Calgary
Nicholas Rowe
Carleton University

Published by Nelson Canada
© 2002
ISBN/ISSN: 0-03-034059-4

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Economics

Economics, 6e

Macroeconomics, 6e
by Roger A. Arnold

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Operations and Productivity

Contents

Introduction

This course in operations and productivity is intended to be a survey of operating practices and models in both manufacturing and service oriented firms. It is intended to provide managers in all functional areas with sufficient knowledge to make informed "total business decisions" and to introduce standard terms and concepts for communications with operating personnel. In such a course, it should be recognized that breadth of subject matter, not depth of topic, will be the goal. We will often use cases for classroom discussion. The discussion will provide a forum for improving communications skills and sharing personal experiences, which add to the learning process.

Learning Objectives

After successful completion of the course students will:

  • build an understanding of how Operations function and the Operations Manager fit into the organization.
  • have gained a knowledge base for conversing with operations personnel.
  • have acquired both quantitative and qualitative analysis skills, especially those needed for managing operating systems.
  • have understood common-sense modeling concepts which can be used to help managers evaluate various management problems.
  • expect the similarities of operating problems in the Manufacturing and Service Sectors.
  • have developed an ability to gain insights from trade journals and popular press articles.

Recommended Texts

Principles of Operations Management

Principles of Operations Management, 5/e
Jay Heizer Barry Render

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Organisations and Their Environments

Contents

Introduction

A study of the social, cultural, political, and legal environments of organizations both profit and non-profit, and of their impact on management at all levels. Emphasis is given to resultant problems and their resolution to include ethical considerations in the policy decision process.

 

Learning Objectives

Upon completion of this section, the student will be able to:

  • Use a systems approach to describe an organization’s internal and external environments and how the pressures within each affect all components of the system.
  • Discuss the concepts of strategic and summative management principles
  • Define organisational cultures and their significance to performance.
  • Discuss the rationale of change and innovation
  • Discuss how problems and opportunities are determined following an analysis of an organization’s environments.

Recommended Texts

Organization 21C

Organization 21C
Someday All Organizations Will Lead This Way
Subir Chowdhury
0130603147 (Hardback) Dec 2002, 416 pages

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Organization Studies Organization Studies

An international multidisciplinary journal devoted to the study of organizations, organizing, and the organized in and between societies

ISSN 0170-8406

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Information Technology and Systems

Contents

Introduction

This course explores issues related to the use of information systems in increasingly digitalized economies by examining developments in the Information Technology (IT) field and technology applications used in managing contemporary organizations. Throughout the course, case studies from the course text are provided to illustrate how organizations use IT to manage their businesses.

 

Learning Objectives

After successful completion of the course students shall be able to:

  • Evaluate and interpret end user requirements when analyzing an information system.
  • Analyze and evaluate the issues of system design with emphasis on facility design, workstation and office integration, and peak employee productivity.
  • Investigate the personnel issues related to information systems and end users.
  • Suggest and integrate strategies for introducing the end users to new system through individual and group training, user documentation, and help desk support.
  • Evaluate the ethical, political, and legal issues on end user Internet usage, email, copyrights, ownership, and privacy.
  • Create end user policies and procedure manuals in concert with Human Resource unit.

Recommended Texts

Introduction to Information Systems Introduction to Information Systems,
11/e, James A. O'Brien

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Introduction to Information Technology

Introduction to Information Technology, 2nd Edition
Efraim Turban, Rex Kelly Rainer, Richard E. Potter
ISBN: 0-471-07380-6
Hardcover
592 pages

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International Business

Contents

Introduction

The course focus is mainly on the international business environment and the activities of multinational corporations. However, many topics covered in the course are important to even the smallest of companies, that operate in a purely domestic situations. Among the topics covered during the semester are legal issues, foreign direct investment, international trade, firm and country competitiveness, regional trade associations, international institutions, managerial functions, organizational and national cultures, and global marketing and financial management. Teaching style is based on in-class workshops combined with lectures, discussion, student presentations, and interactive assignments and group exercises.

 

Learning Objectives

Upon successful completion of this course, you should possess an understanding of

  • the foundations of international business operations and the critical success factors involved in foreign trade,
  • the global business environment, and
  • the analytical and strategic thinking skills that reflect an understanding of global business competition.

 

Recommended Texts

International Business

International Business, 2/E

John J. Wild, University of Wisconsin, Madison
Kenneth L. Wild, University of London, England
Jerry C.Y. Han, State University of New York, Buffalo; University

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International Business International Business 3rd Edition
Charles W.L. Hill

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Organisational Behavior

Contents

Introduction

The course focuses primarily on structural aspects of organizations whilst reflecting on the relationship between structure and behaviour. The student should come to an understanding of the ways in which managers seek to promote organizational effectiveness through internal structures and processes.

The student will analyse how organizations are structured within the context of the larger social, political, and economic environment discussed in the Organisations and Their Environments module; why systems of control and coordination vary across organizations and change over time; and how organizational theory may contribute towards improving the design and management of organizations.

 

Learning Objectives

After successful completion of the course students shall:

  • understanding the core concepts that form the basis of organisational behaviour and structure.
  • be able to apply key concepts for interpretation, diagnosis, and providing recommendations for organisational development
  • synthesize information from multiple sources and be able to explain the connections between key issues.
  • actively participate in the discussion of management issues and concepts during class.
  • demonstrate competence in written and oral skills.

 

Recommended Texts

Classics of Organization Theory

Classics of Organization Theory
by Authors: Jay M. Shafritz , J. Steven Ott
Released: 05 July, 2000
ISBN: 0155068695
Paperback

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The Drucker Foundation : The Organization of the Future

The Drucker Foundation : The Organization of the Future
by Authors: Hesselbein , Marshall Goldsmith , Richard Beckhard
Released: 06 December, 1996
ISBN: 0787903035
Hardcover

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Reframing Organizations: Artistry, Choice, and Leadership

Reframing Organizations: Artistry, Choice, and Leadership,
Third Edition
Lee G. Bolman, Univ. of Missouri-Kansas City
Terrence E. Deal, Univ. of Southern California
ISBN: 0-7879-6426-3
©2003

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Recommended Readings

McGraw Hill

McGraw-Hill Knowledge Gateway

MBA Field Studies: A Guide for Students and Faculty

MBA Field Studies: A Guide for Students and Faculty
by Authors: E. Raymond Corey
Released: December, 1990
ISBN: 0875842518
Paperback

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How to Get an MBA

How to Get an MBA
Morgen Witzel

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Resources

Study in the USA

 

 

 

Distributed Intelligence

 

MBA Knowledge Base

MBA

 

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Learning Contents by Finntrack is licensed under a Creative Commons Attribution 2.0 UK: England & Wales License.
Based on a work at Internet Public Domain.
Permissions beyond the scope of this license may be available at Source.

 

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