ACCT 412 International audit standards
(3) Credit Hours
This course is considered complementary to the material of auditing and auditing as it moves the student from the knowledge of the profession of audit and the requirements of its practice and the responsibilities of the auditor and his duties, and attached this article to the law of some standards of audit with the practical applications of these standards such as internal control and evidence and procedures Audit of the processes related to revenues, expenses and related accounts, and then explain the standard of the report on the results of the audit
Course Code |
ACCT 412 |
Course Title |
International audit standards |
Pre-requisite |
مبادئ المحاسبة (2) – ACCT202 |
Credit Hours |
3 |
Course Description |
This course is considered complementary to the material of auditing and auditing as it moves the student from the knowledge of the profession of audit and the requirements of its practice and the responsibilities of the auditor and his duties, and attached this article to the law of some standards of audit with the practical applications of these standards such as internal control and evidence and procedures Audit of the processes related to revenues, expenses and related accounts, and then explain the standard of the report on the results of the audit |
Course Objectives |
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Course Outcomes |
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ACCT 440 Graduate Research in Accounting
(3) Credit Hours
A course on graduation research deals with: introducing the basic scientific research methods (descriptive, experimental, historical). To provide the student with the basic skills of scientific research in his field of specialization, how to choose the research problem, organize the research plan, the ability to understand and design it, and how to register the study references.
Course Code |
ACCT 440 |
Course Title |
Graduate Research in Accounting |
Pre-requisite |
اكمال 96 ساعة معتمدة بنجاح |
Credit Hours |
3 |
Course Description |
A course on graduation research deals with: introducing the basic scientific research methods (descriptive, experimental, historical). To provide the student with the basic skills of scientific research in his field of specialization, how to choose the research problem, organize the research plan, the ability to understand and design it, and how to register the study references. |
Course Objectives |
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Course Outcomes |
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ACCT350 Accounting for banks and financial institutions
(3) Credit Hours
This course aims to develop concepts and skills about the field of banking, banking operations, methods and accounting processes related to them.
Course Code |
ACCT350 |
Course Title |
Accounting for banks and financial institutions |
Pre-requisite |
ACCT202 |
Credit Hours |
3 |
Course Description |
This course aims to develop concepts and skills about the field of banking, banking operations, methods and accounting processes related to them. |
Course Objectives |
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Course Outcomes |
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ACC300 Accounting Information Systems
(4) Credit Hours
This course is the first module to introduce the domain of information systems in accounting. This is a Level 6 course and students need to have a good knowledge of financial accounting, obtained through Levels 4 and 5 accounting modules. Thus, it is strongly recommended that students study this course after studying Financial/Management accounting (B291 and B292).
Course Code |
ACC300 |
Course Title |
Accounting Information Systems |
Pre-requisite |
B291 and B292 |
Credit Hours |
4 |
Course Description |
This course is the first module to introduce the domain of information systems in accounting. This is a Level 6 course and students need to have a good knowledge of financial accounting, obtained through Levels 4 and 5 accounting modules. Thus, it is strongly recommended that students study this course after studying Financial/Management accounting (B291 and B292). |
Course Objectives |
This course is designed to present an understanding of accounting information systems and their role in the accounting environment. Particular attention is paid to transaction cycles and internal control structure. The three broad aims of the course are to provide students with:
- an understanding of the purpose and role of accounting information systems within contemporary organisations.
- an awareness of the way in which internal controls and technology interrelate with accounting information systems.
an understanding of the real-life problems of designing, implementing and using accounting information systems and its sub-cycles.
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Course Outcomes |
A. Knowledge
and understanding A1: Explain what an accounting information system is and describe
the basic function it performs. A2: Demonstrate understanding of the role and importance of
accounting information systems in the various types of business and other
organisations. A3. Identify information system documentation techniques and their
use to understand, evaluate, and document an accounting information systems. A4. Explain the difference between database and file-based
systems. A5: Discuss the relational database systems and informatively
analyse and interpret accountant’s role of database systems development. A6: Describe the basic business activities and related data
processing operations performed in the accounting cycles. A7: Identify and explain control procedures. B. Cognitive
skills B1: Review and illustrate the purpose, context and functions of
accounting information systems in business practices. B2: Critically assess the impact and effective use of information
systems in organisations for competitive advantage. B3: Explain, analyse and apply the mechanism of system
documentation techniques in the accounting cycle. B4. Compare approaches to AIS including Enterprise Information,
Enterprise Resource Planning, etc. B5- Formulate a vision of the future and explain the evolving
importance of AIS and Internal Controls due to the guidance and direction of
Public Company Accounting Oversight Board (PCAOB) pronouncements.
C. Practical and professional skills C1: Prepare system documentation, and use data flow diagrams and
flowcharts to understand, evaluate, and document information systems. C2: Design, implement, and effectively use relational database
systems using MS-Access
D. Key transferable skills. D1: Crucial participating in systems analysis and design.
D2: Accounting systems
are studied from an accounting cycles perspective, emphasizing the nature and
relevance of accounting internal controls and the relationship of accounting
systems to the functional areas of accounting.
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ACC302 Principles of Auditing & Assurance Services
(4) Credit Hours
The course describes the role of the public accountant, professional standards, professional ethics, legal liability, audit evidence and documentation, audit planning internal control, audit sampling & procedures to audit the financial statements. This course thus aims to provide an introduction to the principles and practices of auditing.
It provides students with a sound understanding of fundamental auditing concepts and procedures, and the application of auditing standards. Accordingly, the course provides a foundation for students, who intend pursuing a specialised pathway in the auditing profession, as well as those who will pursue careers in accounting and other disciplines where principles of risk assessment, systems control and evaluation, and transaction testing are important. While the course focuses mainly on the practical application of an external financial audit.
Course Code |
ACC302 |
Course Title |
Principles of Auditing & Assurance Services |
Pre-requisite |
B291 and B292 |
Credit Hours |
4 |
Course Description |
The course describes the role of the public accountant, professional standards, professional ethics, legal liability, audit evidence and documentation, audit planning internal control, audit sampling & procedures to audit the financial statements. This course thus aims to provide an introduction to the principles and practices of auditing.
It provides students with a sound understanding of fundamental auditing concepts and procedures, and the application of auditing standards. Accordingly, the course provides a foundation for students, who intend pursuing a specialised pathway in the auditing profession, as well as those who will pursue careers in accounting and other disciplines where principles of risk assessment, systems control and evaluation, and transaction testing are important. While the course focuses mainly on the practical application of an external financial audit. |
Course Objectives |
This is an AOU based course. The goals of the providers of information may run somewhat counter to those of the users of information. Accordingly there is recognition of the social need for independent public accountants-individuals of professional competence and integrity who can tell us whether the information that we use constitutes a fair picture of what is really going on. On successful completion of BS312 course, students should be able to: 1) Determine an understanding of Certified Public Accountants, Professional standards, and Fundamental audit concepts. 2) Apply a range of audit procedures. 3) Apply auditing standards. 4) Demonstrate an understanding of the legal context within which auditing occurs.
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Course Outcomes |
A. Knowledge
and understanding A1 : Awareness and
understanding of the role of the public accountant , audit standards, ethics ,
liability , audit evidence , documentation , audit planning, internal control ,
audit sampling A2: Demonstrate the ability to audit financial statements based on
the standards and procedures A3: Audit
of The Sales and Collection Cycle. A4: Audit of The Acquisition and Payment
Cycle B. Cognitive
skills B1: Understand the purpose of auditing and be able to investigate
and identify procedures Plan the audit, investigate evidence & identify
procedures. B2: Acquire understanding of the audit standards and how to apply
them in the audit process B3: Be able to distinguish between the different
types of audit reports and which report is mostly applicable for each
situation. B4: Be able to identify the environmental influences that might
impact the auditor’s plan and opinion. C. Practical and professional skills C1: Perform basic audit based on auditing standards & GAAP. C2: Perform audit procedures C3: Establish a relationship between the audit process and
environmental influences D. Key transferable skills. D1: Select appropriate procedures for auditing financial statement
accounts D2: Prepare an audit program of a typical firm
D3: Ability to dig out
evidence from a variety of sources in order to achieve the specific audit
objectives of financial statement accounts. |
ACCT 201 Principles of Accounting (1)
(3) Credit Hours
This is a foundational course aimed at developing concepts related to accounting principles; Financial statements
Course Code |
ACCT 201 |
Course Title |
Principles of Accounting (1) |
Pre-requisite |
- |
Credit Hours |
3 |
Course Description |
This is a foundational course aimed at developing concepts related to accounting principles; Financial statements |
Course Objectives |
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Course Outcomes |
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ACCT 202 Accounting Principles (2)
(3) Credit Hours
This is a complementary course to the Accounting Principles 1 course (ACCT201) which is designed to enable students to develop their understanding of several accounting matters and through their dealings with financial processes in accounting. The course focuses on key topics such as: accounting adjustments; receivables; inventory; fixed assets; closing accounts.
Course Code |
ACCT 202 |
Course Title |
Accounting Principles (2) |
Pre-requisite |
- |
Credit Hours |
3 |
Course Description |
This is a complementary course to the Accounting Principles 1 course (ACCT201) which is designed to enable students to develop their understanding of several accounting matters and through their dealings with financial processes in accounting. The course focuses on key topics such as: accounting adjustments; receivables; inventory; fixed assets; closing accounts. |
Course Objectives |
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Course Outcomes |
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ACCT 402 Audit
(3) Credit Hours
This program is considered to introduce the student to new concepts after obtaining a set of knowledge in financial accounting, management and costs, and aims to develop other new concepts for the student related to the concept of auditing financial statements prepared on scientific basis in financial accounting, This course is considered a prelude to the student about the profession of auditing if he learns through it the concept of audit and the requirements of practicing the profession and the rules of the behaviors of this profession and the duties and responsibilities of these professions in addition to the first stage of the audit stages which is acceptance of the task of auditing and planning
Course Code |
ACCT 402 |
Course Title |
Audit |
Pre-requisite |
- |
Credit Hours |
3 |
Course Description |
This program is considered to introduce the student to new concepts after obtaining a set of knowledge in financial accounting, management and costs, and aims to develop other new concepts for the student related to the concept of auditing financial statements prepared on scientific basis in financial accounting, This course is considered a prelude to the student about the profession of auditing if he learns through it the concept of audit and the requirements of practicing the profession and the rules of the behaviors of this profession and the duties and responsibilities of these professions in addition to the first stage of the audit stages which is acceptance of the task of auditing and planning |
Course Objectives |
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Course Outcomes |
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ACCT 420 Topics specializing in international accounting
(3) Credit Hours
1. To discuss the arguments of causes of international differences
2. To discuss the arguments for and against international harmonization of financial reporting, and the main efforts on this issue
3. To discuss the major differences between IFRS and U.S.GAAP.
Course Code |
ACCT 420 |
Course Title |
Topics specializing in international accounting |
Pre-requisite |
ACCT 413 |
Credit Hours |
3 |
Course Description |
1. To discuss the arguments of causes of international differences
2. To discuss the arguments for and against international harmonization of financial reporting, and the main efforts on this issue
3. To discuss the major differences between IFRS and U.S.GAAP. |
Course Objectives |
The main aims of this
subject are to discuss the arguments for and against international harmonization
of financial reporting, and the main efforts on this issue and to discuss the major differences between IFRS
and U.S.GAAP.
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Course Outcomes |
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ACCT 430 Field training
(3) Credit Hours
Training the student in one of the financial institutions or in the accounting and financial departments, which gave the student the ability to link academic achievements with the practical reality.
Course Code |
ACCT 430 |
Course Title |
Field training |
Pre-requisite |
موافقة المرشد الاكاديمي واكمال 81 ساعة |
Credit Hours |
3 |
Course Description |
Training the student in one of the financial institutions or in the accounting and financial departments, which gave the student the ability to link academic achievements with the practical reality. |
Course Objectives |
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Course Outcomes |
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ACCT250 Computer Accounting Applications
(3) Credit Hours
This course is an introductory course of computer accounting with QuickBooks Pro Software. In this course students learn how to apply fundamental accounting concepts and principles and analyze business events with the use of a computer accounting program for commercial business enterprise, including setting up a new company and chart of accounts; recording transactions with customers, vendors and employees; managing lists; running reports and customizing them; changing forms and generating letters.
Course Code |
ACCT250 |
Course Title |
Computer Accounting Applications |
Pre-requisite |
ACCT 201 |
Credit Hours |
3 |
Course Description |
This course is an introductory course of computer accounting with QuickBooks Pro Software. In this course students learn how to apply fundamental accounting concepts and principles and analyze business events with the use of a computer accounting program for commercial business enterprise, including setting up a new company and chart of accounts; recording transactions with customers, vendors and employees; managing lists; running reports and customizing them; changing forms and generating letters. |
Course Objectives |
The main aims and objectives of this course are : • Recognize different types of business industries • Interpret the accounting workflow within QuickBooks 2014 • Analyze and record business transactions • Produce and interpret financial reports • Process and analyze Accounts Receivable and Account Payable • Prepare and record Payroll for a business • Use General Journal Entries for adjusting entries • Create a new company file, using various methods
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Course Outcomes |
A Knowledge and Understanding A1: Demonstrate understanding of the role and
importance of computer based accounting in the various types of business and
other organisations A2: Demonstrate understanding of the accounting for Accounts Receivable, inventories, Account Payable and other accounts using
accounting software A3: Demonstrate understanding of the computer based accounting transactional
process cycle.
A4: Demonstrate the ability to prepare financial statements based on
application of accounting concepts using QuickBooks
Pro Accounting
B Cognitive Skills B1: Review and illustrate the purpose, context of computer
accounting for business practices B2: Explain, analyse and apply the mechanism of double-entry bookkeeping
and the accounting cycle in a computer based invironment. B3. Explain and interpret
the purpose, form and content of the computer-based customre and vendors transactions . B4. Explain and review the relations between financial statements and other reports in a computer based invironment
C Practical and professional skills C1.
Design a computerized accounting system for merchandising and service
organizations. C2. Record information and Prepare related reports regarding inventory,
accounts payable, accounts receivable, and payroll. C3.
Input data to record business transactions. C4.
Prepare financial statements and other
related reports for the business.
D Key/transferable skills D1: Use computer skills for the
purpose of bookkeeping, accounting and preparing/analysing financial
statements, including basic financial analysis.
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ACCT301 Accounting information systems
(3) Credit Hours
This course aims to develop concepts and skills about the components of accounting information systems; Human, funding cycle as well as control elements and models in the accounting information systems environment.
Course Code |
ACCT301 |
Course Title |
Accounting information systems |
Pre-requisite |
- |
Credit Hours |
3 |
Course Description |
This course aims to develop concepts and skills about the components of accounting information systems; Human, funding cycle as well as control elements and models in the accounting information systems environment. |
Course Objectives |
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Course Outcomes |
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ACCT305 Cost accounting
(3) Credit Hours
This is a subsequent course based on the principles of accounting principles (1) (ACCT201) and accounting principles (ACCT202) where this course is one of the basic courses for accounting specialization. The course discusses the basic concepts and different types of costs. The course provides a clear explanation of the traditional and modern cost systems and methods of treating damaged, lost and flawed
Course Code |
ACCT305 |
Course Title |
Cost accounting |
Pre-requisite |
مبادئ المحاسبة 2 ACCT202 |
Credit Hours |
3 |
Course Description |
This is a subsequent course based on the principles of accounting principles (1) (ACCT201) and accounting principles (ACCT202) where this course is one of the basic courses for accounting specialization. The course discusses the basic concepts and different types of costs. The course provides a clear explanation of the traditional and modern cost systems and methods of treating damaged, lost and flawed |
Course Objectives |
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Course Outcomes |
A المعرفة والفهم : A1 إظهار القدرة على معرفة وفهم الانظمة المختلفة للتكاليف والفروقات بين
هذه الانظمة وعيوب ومميزات كل اسلوب من
الاساليب A2 اظهار القدرة على تصنيف التكاليف حسب الطرق المختلفة وفهم الغاية من
هذه التصنيفات والاستفادة منها في اتخاذ القرارات الملائمة A3 إظهار القدرة على تحديد اثر طريقة التكلفة الكلية والتكلفة المتغيرة
على ارباح الشركات والعلاقة بين صافي الربح حسب الطريقتين. B المهارات المعرفية B1 تحليل وتفسير المعلومات المالية . B2 شرح وتوضيح المعلومات المفصح عنها في كل قائمة
من القوائم المالية الأربعة الأساسية ،
والطريقة التي يتم فيها استخدام تلك المعلومات من قبل متخذي القرار المختلفين .
وفهم طبيعة عمل الشركة من القوائم المالية B3 تحليل انحرافات التكاليف وتحديد المسؤول عن كل انحراف B4 تسجيل العمليات المالية اللازمة لتحضير قائمة
تكلفة البضاعة تامة الصنع وكيفية تحضير القائمة وتحديد تكلفة الوحدة الواحدة. B5 شرح المعالجة المحاسبية لنظام التكاليف حسب طريقة
الاوامر الانتاجية والمراحل الانتاجية ونظام ABC C المهارات العملية والمهنية C1 تسجيل العمليات والأحداث الاقتصادية ، والاحتفاظ
بالسجلات المحاسبية . C2 استخدام الانظمة المختلفة للتكاليف لتسجيل
العمليات المالية وتحديد تكلفة الوحدة الواحدة C3 إعداد
القوائم المالية الأساسية طبقاً للمبادئ المحاسبية المتعارف عليها (GAAP). معالجة الفاقد والتالف والمعيب. C4تحضير القوائم والتقارير الخاصة بتحديد تكلفة الانتاج
التام حسب الطرق المختلفة |
ACCT306 Administrative accounting
(3) Credit Hours
Administrative accounting is a specialized branch of accounting that seeks to introduce quantitative tools and methods for processing and preparing information to serve the administrative levels in the establishment. It also seeks to deepen the concepts of students for the role of administrative accounting in the fields of planning, control, decision-making, measurement and evaluation of performance, and administrative accounting prepares the necessary information to rationalize the various administrative levels of the establishment in the areas of planning, oversight and decision-making, and is done in This course is also a study of some of the most important topics in management accounting
Course Code |
ACCT306 |
Course Title |
Administrative accounting |
Pre-requisite |
محاسبة تكاليف ACCT305 |
Credit Hours |
3 |
Course Description |
Administrative accounting is a specialized branch of accounting that seeks to introduce quantitative tools and methods for processing and preparing information to serve the administrative levels in the establishment. It also seeks to deepen the concepts of students for the role of administrative accounting in the fields of planning, control, decision-making, measurement and evaluation of performance, and administrative accounting prepares the necessary information to rationalize the various administrative levels of the establishment in the areas of planning, oversight and decision-making, and is done in This course is also a study of some of the most important topics in management accounting |
Course Objectives |
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Course Outcomes |
A المعرفة والفهم : A1 إدراك ومعرفة دور المحاسبة الادارية في الشركات والمنظمات الأخرى ، و
كذلك معرفة النظرية للفرق بين المحاسبة
الادارية والمالية. A2 اظهار القدرة على تصنيف التكاليف حسب الطرق المختلفة وفهم الغاية من
هذه التصنيفات والاستفادة منها في اتخاذ القرارات الملائمة B المهارات المعرفية B1 عمل تصنيفات مختلفة للتكاليف B2 تحديد نقطة التعادل بالوحدات والنقود ، هامش
الامان B3 تحديد معلومات التكاليف والايرادات الملائمة لاتخاذ
القرار B4 التعرف على طرق التسعير B5 تقييم المشاريع الاستثمارية B6 عمل الموازنات التشغيلية B7 تحديد التكاليف باستخدام انظمة مختلفة B8 التعرف على مراكز المسؤولية وتقييم الاداء C المهارات العملية والمهنية C1 التعرف على طرق مختلفة لتقييم المشاريع
الاستثمارية C2 تحليل العلاقة بين الربح والتكلفة والحجم
للمساعدة باتخاذ القرار C3 اعداد
الموازنات التقديرية المختلفة D مهارات رئيسية قابلة للنقل D1 استخدام الرياضيات البسيطة
لأغراض حسابية لاحتساب وتحليل بعض المعادلات
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ACCT307 Government accounting
(3) Credit Hours
This course constitutes three credit hours as a mandatory requirement for accounting students in the Business School, and includes a theoretical and practical study of the government accounting system, and the basic rules of this system in Jordan, including the main pillar which is the general budget of the state, and the course deals with the accounting fundamentals Traditional and modern government: cash base, commitment basis, and adjusted maturity basis. The course also includes the theory of allocated funds, types of funds allocated, and methods of accounting. It also includes a presentation of government financial statements and final accounts. In this course, students are introduced to international accounting standards in the public sector (IPSAS) and the importance of their application in Arab countries.
Course Code |
ACCT307 |
Course Title |
Government accounting |
Pre-requisite |
ACCT202 |
Credit Hours |
3 |
Course Description |
This course constitutes three credit hours as a mandatory requirement for accounting students in the Business School, and includes a theoretical and practical study of the government accounting system, and the basic rules of this system in Jordan, including the main pillar which is the general budget of the state, and the course deals with the accounting fundamentals Traditional and modern government: cash base, commitment basis, and adjusted maturity basis. The course also includes the theory of allocated funds, types of funds allocated, and methods of accounting. It also includes a presentation of government financial statements and final accounts. In this course, students are introduced to international accounting standards in the public sector (IPSAS) and the importance of their application in Arab countries. |
Course Objectives |
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Course Outcomes |
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ACCT311 Auditing accounting information systems
(3) Credit Hours
This course aims to develop concepts and skills about auditing accounting information systems, functions, objectives, documentation tools, and structure, as well as control elements and models in the accounting information systems environment.
Course Code |
ACCT311 |
Course Title |
Auditing accounting information systems |
Pre-requisite |
نظم المعلومات المحاسبية |
Credit Hours |
3 |
Course Description |
This course aims to develop concepts and skills about auditing accounting information systems, functions, objectives, documentation tools, and structure, as well as control elements and models in the accounting information systems environment. |
Course Objectives |
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Course Outcomes |
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ACCT320 Average accounting (1)
(3) Credit Hours
This course is a continuation of the process of determining profit and preparing financial statements by studying some of the advanced topics of accounting for investments in securities; Classified
Course Code |
ACCT320 |
Course Title |
Average accounting (1) |
Pre-requisite |
مبادئ المحاسبة (2) – ACCT202 |
Credit Hours |
3 |
Course Description |
This course is a continuation of the process of determining profit and preparing financial statements by studying some of the advanced topics of accounting for investments in securities; Classified |
Course Objectives |
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Course Outcomes |
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ACCT322 Average accounting (2)
(3) Credit Hours
This course is a continuation of the profit-making process and the preparation of financial statements by examining some of the advanced topics of preparing the cash flow list; accounting for long-term construction contracts; accounting for financing leases; accounting for premium sales; and accounting for errors Accounting changes
Course Code |
ACCT322 |
Course Title |
Average accounting (2) |
Pre-requisite |
المحاسبة المتوسطة (1) – ACCT322 |
Credit Hours |
3 |
Course Description |
This course is a continuation of the profit-making process and the preparation of financial statements by examining some of the advanced topics of preparing the cash flow list; accounting for long-term construction contracts; accounting for financing leases; accounting for premium sales; and accounting for errors Accounting changes |
Course Objectives |
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Course Outcomes |
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ACCT330 Financial Statement Analysis
(3) Credit Hours
ACCT330 is an 3-credit, Level 3 course offered through the Accounting Program at the Arab Open University- Jordan Branch as a compulsory course for all students enrolled in the program. Entry into this course is contingent upon the successful completion of ACCT322.
Course Code |
ACCT330 |
Course Title |
Financial Statement Analysis |
Pre-requisite |
ACCT322 |
Credit Hours |
3 |
Course Description |
ACCT330 is an 3-credit, Level 3 course offered through the Accounting Program at the Arab Open University- Jordan Branch as a compulsory course for all students enrolled in the program. Entry into this course is contingent upon the successful completion of ACCT322. |
Course Objectives |
The course will prepare and help students in analyzing real company financial statements as follows: In Chapter 1, students immediately learn about the basic financial statements. At once they learn four basic financial analysis ratios, common-size analysis, and trend analysis. They will use these tools throughout the course. Chapters 2 through 5 cover the basic financial statements, with full chapters dedicated to the statement of cash flows and the statement of stockholders' equity. Chapter 6 deals with topics that are traditionally covered in the first accounting course, such as inventory and property, plant and equipment. Chapter 7, students learn the accounting cycle, with the debit-credit system, adjusting, and closing journal entries.
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Course Outcomes |
A Knowledge and Understanding A1 Use
accounting and business terminology, and understand the nature and purpose of
generally accepted accounting principles (GAAP). A2 Explain
the objective of financial reporting, the elements of the financial statements,
and the related key accounting assumptions and principles. A3 Recognize the information conveyed
in each of the four basic financial statements and the way it is used by
investors, creditors, regulators, and managers B Cognitive skills B1 Research into accounting issues
relating to financial statement analysis, expertise and knowledge B2 Synthesise material from a variety
of sources in constructing arguments or describing financial analysis processes
B3 Evaluation and comparison of
competing companies. B4 Critical thinking, analysis, and
synthesis. C Practical and professional skills C1 The
ability to evaluate the nature of current assets including the measuring and
reporting of items such as short-term investments, receivables and bad debts,
inventory and costs of goods sold, and prepaid expenses. C4 The
application of course ideas to students’ own interactions with organisations
and life experiences. D
Key/transferable skills D1 Effective
communication, both orally and in writing, of information, arguments and ideas,
using language and styles appropriate for a business context and audience. D2 Effective performance in a team
environment both in face-to-face and/or virtual contexts. D3 Effective use of information and
communication technologies for business purposes.
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ACCT340 Tax accounting
(3) Credit Hours
This course includes topics in tax legislation in the field of income tax, sales tax and the applicable accounting aspects of that legislation, in terms of the general rules in the imposition of the tax and how to calculate and declare it and the following procedures, and the resulting vat, fines and penalties. Under the provisions of the laws in force.
Course Code |
ACCT340 |
Course Title |
Tax accounting |
Pre-requisite |
ACCT 322 |
Credit Hours |
3 |
Course Description |
This course includes topics in tax legislation in the field of income tax, sales tax and the applicable accounting aspects of that legislation, in terms of the general rules in the imposition of the tax and how to calculate and declare it and the following procedures, and the resulting vat, fines and penalties. Under the provisions of the laws in force. |
Course Objectives |
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Course Outcomes |
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ACCT345 Corporate Accounting
(3) Credit Hours
This course aims to introduce the student to the nature and characteristics of the companies and their accounting procedures. The first two main parts relate to identifying people's companies and the accounting processing of their activities and operations. The second part relates to the identification of the money companies and the accounting treatment of related activities: from the beginning of the establishment, the formation of capital, the measurement and distribution of the results of the works in addition to the accounting treatment of the liquidation problems of these companies and their expiration.
Course Code |
ACCT345 |
Course Title |
Corporate Accounting |
Pre-requisite |
ACCT322 |
Credit Hours |
3 |
Course Description |
This course aims to introduce the student to the nature and characteristics of the companies and their accounting procedures. The first two main parts relate to identifying people's companies and the accounting processing of their activities and operations. The second part relates to the identification of the money companies and the accounting treatment of related activities: from the beginning of the establishment, the formation of capital, the measurement and distribution of the results of the works in addition to the accounting treatment of the liquidation problems of these companies and their expiration. |
Course Objectives |
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Course Outcomes |
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ACCT401 Accounting theory
(3) Credit Hours
This course is designed to enable students to develop their theoretical concepts that are based on the nature and purposes of accounting, with a presentation of its origins and historical development over time. This course also explains the pillars and foundations on which accounting theory is built, as well as the entrances or approaches used. The course is also exposed to accounting theories and their applications in professional practice, as will be addressed accounting measurement, the different aspects of the function of accounting measurement, and the problems and effects that result in the accounting data.
This course is subject to accounting as an information system and the concept and basis of disclosure of accounting information with a presentation of the disclosure rules set out in international accounting standards and international standards for the preparation of financial reports.
Course Code |
ACCT401 |
Course Title |
Accounting theory |
Pre-requisite |
تدقيق نظم المعلومات المحاسبية ACCT301 |
Credit Hours |
3 |
Course Description |
This course is designed to enable students to develop their theoretical concepts that are based on the nature and purposes of accounting, with a presentation of its origins and historical development over time. This course also explains the pillars and foundations on which accounting theory is built, as well as the entrances or approaches used. The course is also exposed to accounting theories and their applications in professional practice, as will be addressed accounting measurement, the different aspects of the function of accounting measurement, and the problems and effects that result in the accounting data.
This course is subject to accounting as an information system and the concept and basis of disclosure of accounting information with a presentation of the disclosure rules set out in international accounting standards and international standards for the preparation of financial reports.
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Course Objectives |
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Course Outcomes |
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ACCT403 Advanced Accounting
(3) Credit Hours
Accounting processing for mergers and unions of companies, preparation of consolidated financial statements. Forms of legal mergers, procurement methods and common interests, financial statement preparation procedures, exchange operations between the holding company and the subsidiary.
Course Code |
ACCT403 |
Course Title |
Advanced Accounting |
Pre-requisite |
محاسبة متوسطة (2) – ACCT322 |
Credit Hours |
3 |
Course Description |
Accounting processing for mergers and unions of companies, preparation of consolidated financial statements. Forms of legal mergers, procurement methods and common interests, financial statement preparation procedures, exchange operations between the holding company and the subsidiary. |
Course Objectives |
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Course Outcomes |
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ACCT413 International accounting standards
(3) Credit Hours
After completing the course, the student is expected to be familiar with:
"Basic concepts of conceptual framework for preparing and displaying financial statements"
"International standards and international financial reporting standards and their latest modifications""
"Dealing with study situations and putting forward and discussing ideas (analysis)
Course Code |
ACCT413 |
Course Title |
International accounting standards |
Pre-requisite |
محاسبة مالية متقدمة ACCT 403 |
Credit Hours |
3 |
Course Description |
After completing the course, the student is expected to be familiar with:
"Basic concepts of conceptual framework for preparing and displaying financial statements"
"International standards and international financial reporting standards and their latest modifications""
"Dealing with study situations and putting forward and discussing ideas (analysis) |
Course Objectives |
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Course Outcomes |
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B 324 Marketing and Society
(8) Credit Hours
This course explores the theory and practice of responsible marketing, addressing the interrelated areas of corporate social responsibility and marketing ethics and the emergent area of social marketing. It examines the impact of established marketing techniques and practices on the promotion of social well-being and behavioural change. You will identify key ethical issues involved in marketing decision-making and the responsibilities of organisations to their stakeholders, including the wider community. Elements of marketing management (such as communications, research and planning) are examined within this wider framework at both a domestic and international level.
Course Code |
B 324 |
Course Title |
Marketing and Society |
Pre-requisite |
B205B |
Credit Hours |
8 |
Course Description |
This course explores the theory and practice of responsible marketing, addressing the interrelated areas of corporate social responsibility and marketing ethics and the emergent area of social marketing. It examines the impact of established marketing techniques and practices on the promotion of social well-being and behavioural change. You will identify key ethical issues involved in marketing decision-making and the responsibilities of organisations to their stakeholders, including the wider community. Elements of marketing management (such as communications, research and planning) are examined within this wider framework at both a domestic and international level. |
Course Objectives |
Marketing
and Sociology. It is a level three course of the B.A. (Hons) in Business
Studies with marketing degree.
This course will develop student's ability to synthesise arguments and assumptions from a variety of sources and perspectives, critically evaluate them and apply relevant concepts in a range of contexts. In particular, student will learn concepts, theories and debates about the roles and responsibilities of marketing in society:
- Identification and critical analysis of relevant issues involved in responsible marketing
- Application of marketing thinking to health and social behaviour
- Application of responsible marketing to own professional context
- Sensitivity to the problems and challenges in both commercial and social marketing.
- Explore how marketing concepts and techniques can be applied to the marketing of social issues as opposed to the more traditional area of commercial marketing;
- Examine how social marketing approaches can change behaviour in order to achieve socially desirable goals;
- Illustrate, through case study examples, the application of concepts and techniques to 'real world' social marketing problems.
The course is a new development in the optional courses of the BA Business Studies Programme. Marketing in Society will build upon the students understanding of aspects of marketing gleaned from earlier courses within the programme but will focus on the importance of responsible marketing.
Students will learn to integrate and use information and/or data appropriately in complex contexts. They will also learn to recognise the limitations of knowledge in the area. The course will provide you with opportunities to develop skills in effective communication of ideas and arguments to relevant audiences. You'll be encouraged to manage your learning and reflect on your development as an independent learner.
The principal learning method used in the course will be problem-based. Usually, students will encounter a short or long case study. They will be expected to make sense of, discuss, analyse, synthesise and evaluate issues and possibilities in the case study. You'll do this by applying your existing knowledge and any new knowledge you can gather from the supplied textbooks, journal articles, electronic sources and course participants. You'll gain knowledge and understanding in the areas of ethics, corporate social responsibility, social marketing, and ethical issues in commercial marketing. The way you are assessed and what you will be assessed on will mirror how you learn and what you learn; the assessment will constitute part of the learning.
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Course Outcomes |
A. Knowledge
and understanding A1: To
understand and apply concepts, theories and debates about the roles and
responsibilities of marketing in society to real life situations A2: Apply
marketing thinking to the field of health and social behaviour A3:
Demonstrate an understanding about ethics and marketing A4: Green and
environmental marketing, sustainability, fair trade and ethical consumption B. Cognitive
skills B1: Evaluate the relevance of course concepts to a variety of
other contexts B2 Synthesise and critical evaluate arguments and assumptions from
a variety of sources and competing perspectives B3. Recognise the limitations of knowledge in the area C. Practical and professional skills C1: Apply responsible marketing to their own professional context
or one they are familiar with C2:Demonstrate a sensitivity to the problems and
challenges in both commercial and social marketing D. Key transferable skills. D1: Identify and critically analyse relevant issues involved in responsible
social and commercial
marketing D2: Effectively communicate ideas and arguments to relevant
audiences D3: Integrate and use information and/or data in complex contexts
D4: Manage own learning
and reflect on their development as an independent learner
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B122 An Introduction to Retail management and Marketing
(8) Credit Hours
It is an introductory Level 1 course. As the retail industry is highly dynamic and innovative, this
course looks at how retailing has developed within a business context, and how retail outlets work and apply retail marketing. It offers a balance between theory and practice that is innovative and engaging. During your studies you will consider contemporary factors that affect retailing: globalization; the impact of ever-changing technology; and social and ethical issues. This course is designed for retail industry employees wishing to develop a career in management, and anyone interested in working in the retail sector, or simply wanting to know more about the world of retailing.
Course Code |
B122 |
Course Title |
An Introduction to Retail management and Marketing |
Pre-requisite |
BUS110 |
Credit Hours |
8 |
Course Description |
It is an introductory Level 1 course. As the retail industry is highly dynamic and innovative, this
course looks at how retailing has developed within a business context, and how retail outlets work and apply retail marketing. It offers a balance between theory and practice that is innovative and engaging. During your studies you will consider contemporary factors that affect retailing: globalization; the impact of ever-changing technology; and social and ethical issues. This course is designed for retail industry employees wishing to develop a career in management, and anyone interested in working in the retail sector, or simply wanting to know more about the world of retailing.
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Course Objectives |
The academic aims of this module is to introduce you to the main functions and management of
a retail business and the key issues associated with understanding retail trading and retail environments. After studying the course, you should be able to: - Explain relevant theories and concepts of retailing
- Describe the key elements of a retail business and the retail trading environment
- Discuss issues associated with operating a business in a retail environment/context
- Outline the key course topics and explain why each topic is important to understanding the principles of retail management
- Explain linkages between components of the course
- Organise your studies, including paper-based and computer-based services
Continue to develop your awareness of how you learn and how different elements of the course applied to your individual learning style.
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Course Outcomes |
A. Knowledge
and understanding A1: retail technology, which focuses on the
virtual world of e-retailing; A2: the diversity of retail products and
sectors; A3: retail ethics and the environmental
impact; A4: the
implications of globalisation B. Cognitive
skills B1: Reflection and critical engagement into both domestic retail technology
and e-retailing B2: Critical thinking, analysis, and synthesis B3: Valuation
and comparison of retail management.
C. Practical
and professional skills C1: Time management, skills appropriate to business, such as
creativity, persuasion and attractiveness. C2: Study skills, learning to learn and reflecting on students’
own development as learners. C3: The ability to analyse work-related cases and situations to
identify challenges for organisations in developing responses in relation to
their environments. C4: The application of course ideas to students’ own interactions
with organisations and life experiences. D Key
transferable skills
D1: Decision making and problem solving making a viable approach to students to engage with data analysis, interpretation and extrapolation. D2: Immerse in related information, arguments and ideas. D3: Identify some of the key strengths and needs of their own learning and identify opportunities to address these. |
B123 Management Practice
(8) Credit Hours
This course introduces management ideas and uses activities to build on existing knowledge and skills through the application of management theory. It’s suitable if you’ve studied any introductory course and want to complete the Certificate in Business Studies or gain 30 credits towards our BA (Hons). This introductory Level 1 course introduces management ideas and uses activities to build on your existing knowledge and skills. You’ll also use your own workplace experiences to develop an academic understanding of management and valuable study skills, which you’ll demonstrate by writing about management and reflecting on your own skills as a learner.
Course Code |
B123 |
Course Title |
Management Practice |
Pre-requisite |
BUS110 |
Credit Hours |
8 |
Course Description |
This course introduces management ideas and uses activities to build on existing knowledge and skills through the application of management theory. It’s suitable if you’ve studied any introductory course and want to complete the Certificate in Business Studies or gain 30 credits towards our BA (Hons). This introductory Level 1 course introduces management ideas and uses activities to build on your existing knowledge and skills. You’ll also use your own workplace experiences to develop an academic understanding of management and valuable study skills, which you’ll demonstrate by writing about management and reflecting on your own skills as a learner. |
Course Objectives |
By the
end of this course you’ll have developed a new, more theoretical understanding
of how and why managers do what they do in organisations. You’ll build a
toolkit of management concepts, theories and models that you can use to tackle
workplace issues. You’ll also feel more confident in embarking on further
undergraduate study.
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Course Outcomes |
A. Knowledge
and understanding A1. Demonstrated how learning they have undertaken previously in
the workplace can be utilised to inform the development of their management
practice A2. Selected and used a range of management theories, concepts and
ideas to help identify, analyse and address issues and situations in their
current practice setting. A3. Worked in collaboration with others in assessing the
applicability of selected management theories, etc. to their own and others’
identified practice problems. A4. Reflected
on the impact of their learning on their practice of management, and their
future development as a management practitioner. B. Cognitive
skills B1. Identify and draw upon appropriate forms of prior learning
relating to the development of their management practice. B2. Apply relevant theoretical knowledge of management to a
practical problem. B3. Collaborate with peers’ practitioners to, and begin to,
critically evaluate the applicability of selected management theories etc. B4. Reflect productively on the development of their practice of
management. C. Practical and professional skills C1. Communicate their understanding of management theory and its
application to practice in writing. C2. Work independently on identifying issues and situations in the
workplace and apply academic theories and concepts to these to gain a deeper
understanding of them. D. Key transferable skills. D1. Use of a range of tools and websites for finding and recording
information online: internet browsers, search engines, copy/ paste, e-portfolios
and download functions
D2. Communicate with
peer learners via synchronous and asynchronous online media.
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B124 Fundamentals of Accounting
(8) Credit Hours
This module provides a broad introduction to accounting study at the university level. It covers the fundamentals of financial and management accounting as well as the essential skills, knowledge and ethics required to be a professional accountant. Fundamentals of Accounting module is required for all business with accounting track. It is strongly recommended that students study this module before Financial accounting (B291) and Management accounting (B292).
Course Code |
B124 |
Course Title |
Fundamentals of Accounting |
Pre-requisite |
BUS110 |
Credit Hours |
8 |
Course Description |
This module provides a broad introduction to accounting study at the university level. It covers the fundamentals of financial and management accounting as well as the essential skills, knowledge and ethics required to be a professional accountant. Fundamentals of Accounting module is required for all business with accounting track. It is strongly recommended that students study this module before Financial accounting (B291) and Management accounting (B292). |
Course Objectives |
It aims to equip students with the essential principles of measuring management performance and improving financial planning, control and decision-making. Students can gain an understanding of financial reports through their preparation, based on the double-entry bookkeeping system which is essential for the management of any organisation.
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Course Outcomes |
A. Knowledge and understanding A1: Awareness and understanding of the role of accounting in business and other organisations and of its theory, principles, concepts, practices, techniques, ethics, limitations, and techniques central to bookkeeping and accounting.
A2: Demonstrate the ability to prepare financial statements based on application of accounting concepts, regulations and principles. A3: Demonstrate understanding of the types of costs and how they behave in order to calculate cost-volume-profit relationships, A4: Demonstrate understanding of management's decision-making process as it relates to product pricing, production, adding and dropping, etc. A5: Demonstrate understanding of the types of budgets and be able to prepare operating budgets, financial budgets and capital budgets. A6: Demonstrate understanding of the responsibility centers and balanced scorecard.
B. Cognitive skills
B1: Review and illustrate the purpose, context and environmental influences and constraints on financial accounting and business practices. B2: Explain the balance sheet equation, the basic financial statements and the information conveyed in each of the statements. B3: Explain the steps in the accounting cycle for service and merchandising companies. B4: Explain the relevant factors in making different decisions. B5: Explain methods that don't use present value versus those that do use present value B6: Explain the features of responsibility reports and differentiate between cost centres, profit centres and investment centres.
C. Practical and professional skills C1: Record transactions
and events, and maintain accounting records as required for bookkeeping and
accounting.
C2: Prepare basic
financial statements based upon Generally Accepted Accounting Principles. C3: Develop the
general practical and professional skills of management accounting that can be
used for personal and career goals.
D Key transferable skills D1: Use simple mathematics for the purpose of calculations in bookkeeping, accounting and preparing/analysing financial statements, including basic ratio analysis.
D2: Compare critically and use different approaches to issues and problems within management accounting.
D3: Communicate management accounting information effectively and appropriately.
D4: Use fundamental business mathematics and other quantitative methods effectively and appropriately.
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B205A Exploring innovation and entrepreneurship
(8) Credit Hours
This module provides students with a broad foundation in innovation and entrepreneurship. The course is composed of two parts A and B. Part A of it comprises 14 study weeks (one semester). And is structured into 2 (out of the five) linked blocks. It also forms part of the new undergraduate qualification BA Business Management and BA Business Marketing. Students will be introduced to core concepts of entrepreneurship and innovation. They will also examine the theoretical and practical connections between these distinct yet closely-interrelated fields of study.
Block 1: Core concepts
Introduces core concepts of innovation and entrepreneurship and gives the student an opportunity to examine ‘what it all means for me’. It also introduces students to each other, creates confidence, and promotes teambuilding in preparation for Block 2.
Block 2: Teams and networks
Block 2 focuses on the skills required to create teams, build networks and to secure the necessary resources in the context of an innovative, entrepreneurial venture. It also introduces and develops the underpinning knowledge and understanding on key areas, including teams, networks, resource acquisition and legitimacy-building, in preparation for the new venture creation activity (Block 4 of B205B).
Course Code |
B205A |
Course Title |
Exploring innovation and entrepreneurship |
Pre-requisite |
B207B |
Credit Hours |
8 |
Course Description |
This module provides students with a broad foundation in innovation and entrepreneurship. The course is composed of two parts A and B. Part A of it comprises 14 study weeks (one semester). And is structured into 2 (out of the five) linked blocks. It also forms part of the new undergraduate qualification BA Business Management and BA Business Marketing. Students will be introduced to core concepts of entrepreneurship and innovation. They will also examine the theoretical and practical connections between these distinct yet closely-interrelated fields of study.
Block 1: Core concepts
Introduces core concepts of innovation and entrepreneurship and gives the student an opportunity to examine ‘what it all means for me’. It also introduces students to each other, creates confidence, and promotes teambuilding in preparation for Block 2.
Block 2: Teams and networks
Block 2 focuses on the skills required to create teams, build networks and to secure the necessary resources in the context of an innovative, entrepreneurial venture. It also introduces and develops the underpinning knowledge and understanding on key areas, including teams, networks, resource acquisition and legitimacy-building, in preparation for the new venture creation activity (Block 4 of B205B). |
Course Objectives |
B205A academic aim is to introduce students to number of fundamental concepts and theories of entrepreneurial innovation. It also re-apply some generic business and management concepts in an entrepreneurial and innovation-related concept (e.g. entrepreneurial marketing and entrepreneurial finance. The coverage of innovation and entrepreneurship subjects will be wide-ranging and integrative, with the aim of providing the necessary foundations for interested students to progress to a more in-depth study of specialist topics within this subject area during their level 3 studies.
Progression is also addressed within B205A - with a gradual development of knowledge and skills from Block 1 and Block 2 (covered in Part A of the course) through Block 3, Block 4 and Block 5 (covered in Part B of the course, B207B). There will be a logical progression of subject matter, from an introduction to core concepts in innovation and entrepreneurship (Block 1), followed by a more skills-oriented examination of teams, networks and associated concepts (Block 2), a comparative study of innovation and entrepreneurship in different contexts (Block 3), a simulated experience of entrepreneurial team-working and innovation (Block 4) and an opportunity for reflection and integration (Block 5). Study and employment skills will be integrated into the learning activities, with a particular focus on digital literacy, creative thinking and problem solving, team-working, persuasive communication and more general personal development and enterprise-related skills.
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Course Outcomes |
A. Knowledge
and understanding A1: knowledge
of different forms of innovative and entrepreneurial practice around the world
and at different scales, including: technological and social innovation;
commercial and social enterprise; independent and corporate entrepreneurship. A2: understand
different research perspectives on innovation and entrepreneurship, recognising
that these subjects can be studied at multiple levels of analysis. A3:
familiarize with core theories, concepts and frameworks that have been applied
to innovation and entrepreneurship, with a particular focus on their
implications for practice. A4: Know the
relationship between innovation and entrepreneurship, both at a conceptual and
a practical level. B. Cognitive
skills B1: Distinguish the key components of innovative and
entrepreneurial processes and practices kinds (i.e. in comparison with more
routinised approaches) B2: Select innovative and entrepreneurial approaches that are
likely to be appropriate in particular organisational contexts. C. Practical and professional skills C1: Identify, search for
and pursue entrepreneurial opportunities, with the aim of creating sustainable
business models. C2: Negotiate, influence, and gain legitimacy in an
entrepreneurial setting. C3: Engage in creative problem-solving. C4: Apply design thinking approaches in order to develop practical
solutions. C5: Deploy effective networking and persuasive communication
skills. D. Key transferable skills. D1: Work constructively and ethically in entrepreneurial settings,
which may be characterised by ambiguity, complexity and open-ended challenges.
D2: Display resilience
and an on-going capacity to learn from direct personal experiences, and those
of others.
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B205B Exploring innovation and entrepreneurship
(8) Credit Hours
This module provides students with a broad foundation in innovation and entrepreneurship. The course is composed of two parts A and B. Part A of it comprises 14 study weeks (one semester). And is structured into 2 (out of the five) linked blocks. It also forms part of the new undergraduate qualification BA Business Management and BA Business Marketing. Students will be introduced to core concepts of entrepreneurship and innovation. They will also examine the theoretical and practical connections between these distinct yet closely-interrelated fields of study.
Block 1: Core concepts
Introduces core concepts of innovation and entrepreneurship and gives the student an opportunity to examine ‘what it all means for me’. It also introduces students to each other, creates confidence, and promotes teambuilding in preparation for Block 2.
Block 2: Teams and networks
Block 2 focuses on the skills required to create teams, build networks and to secure the necessary resources in the context of an innovative, entrepreneurial venture. It also introduces and develops the underpinning knowledge and understanding on key areas, including teams, networks, resource acquisition and legitimacy-building, in preparation for the new venture creation activity (Block 4 of B205B).
Course Code |
B205B |
Course Title |
Exploring innovation and entrepreneurship |
Pre-requisite |
B207B |
Credit Hours |
8 |
Course Description |
This module provides students with a broad foundation in innovation and entrepreneurship. The course is composed of two parts A and B. Part A of it comprises 14 study weeks (one semester). And is structured into 2 (out of the five) linked blocks. It also forms part of the new undergraduate qualification BA Business Management and BA Business Marketing. Students will be introduced to core concepts of entrepreneurship and innovation. They will also examine the theoretical and practical connections between these distinct yet closely-interrelated fields of study.
Block 1: Core concepts
Introduces core concepts of innovation and entrepreneurship and gives the student an opportunity to examine ‘what it all means for me’. It also introduces students to each other, creates confidence, and promotes teambuilding in preparation for Block 2.
Block 2: Teams and networks
Block 2 focuses on the skills required to create teams, build networks and to secure the necessary resources in the context of an innovative, entrepreneurial venture. It also introduces and develops the underpinning knowledge and understanding on key areas, including teams, networks, resource acquisition and legitimacy-building, in preparation for the new venture creation activity (Block 4 of B205B).
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Course Objectives |
B205A academic aim is to introduce students to number of fundamental concepts and theories of entrepreneurial innovation. It also re-apply some generic business and management concepts in an entrepreneurial and innovation-related concept (e.g. entrepreneurial marketing and entrepreneurial finance. The coverage of innovation and entrepreneurship subjects will be wide-ranging and integrative, with the aim of providing the necessary foundations for interested students to progress to a more in-depth study of specialist topics within this subject area during their level 3 studies.
Progression is also addressed within B205A - with a gradual development of knowledge and skills from Block 1 and Block 2 (covered in Part A of the course) through Block 3, Block 4 and Block 5 (covered in Part B of the course, B207B). There will be a logical progression of subject matter, from an introduction to core concepts in innovation and entrepreneurship (Block 1), followed by a more skills-oriented examination of teams, networks and associated concepts (Block 2), a comparative study of innovation and entrepreneurship in different contexts (Block 3), a simulated experience of entrepreneurial team-working and innovation (Block 4) and an opportunity for reflection and integration (Block 5). Study and employment skills will be integrated into the learning activities, with a particular focus on digital literacy, creative thinking and problem solving, team-working, persuasive communication and more general personal development and enterprise-related skills.
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Course Outcomes |
A. Knowledge
and understanding A1: knowledge
of different forms of innovative and entrepreneurial practice around the world
and at different scales, including: technological and social innovation;
commercial and social enterprise; independent and corporate entrepreneurship. A2: understand
different research perspectives on innovation and entrepreneurship, recognising
that these subjects can be studied at multiple levels of analysis. A3:
familiarize with core theories, concepts and frameworks that have been applied
to innovation and entrepreneurship, with a particular focus on their
implications for practice. A4: Know the
relationship between innovation and entrepreneurship, both at a conceptual and
a practical level. B. Cognitive
skills B1: Distinguish the key components of innovative and
entrepreneurial processes and practices kinds (i.e. in comparison with more
routinised approaches) B2: Select innovative and entrepreneurial approaches that are
likely to be appropriate in particular organisational contexts. C. Practical and professional skills C1: Identify, search for
and pursue entrepreneurial opportunities, with the aim of creating sustainable
business models. C2: Negotiate, influence, and gain legitimacy in an
entrepreneurial setting. C3: Engage in creative problem-solving. C4: Apply design thinking approaches in order to develop practical
solutions. C5: Deploy effective networking and persuasive communication
skills.
D. Key transferable skills. D1: Work constructively and ethically in entrepreneurial settings,
which may be characterised by ambiguity, complexity and open-ended challenges.
D2: Display resilience
and an on-going capacity to learn from direct personal experiences, and those
of others.
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B207A Shaping Business Opportunities I
(8) Credit Hours
B207A is an 8-credit (30 points), Level 5 UK-OU based course offered through the Business Program at the Arab Open University as a compulsory course for all students enrolled in all tracks in the program. Entry into this course is contingent upon the successful completion of BS110. The B207 module in this new study plan is equivalent to B203 module in the old study plan (which is itself previously equivalent to B202)
Course Code |
B207A |
Course Title |
Shaping Business Opportunities I |
Pre-requisite |
BS110 |
Credit Hours |
8 |
Course Description |
B207A is an 8-credit (30 points), Level 5 UK-OU based course offered through the Business Program at the Arab Open University as a compulsory course for all students enrolled in all tracks in the program. Entry into this course is contingent upon the successful completion of BS110. The B207 module in this new study plan is equivalent to B203 module in the old study plan (which is itself previously equivalent to B202) |
Course Objectives |
This module is designed to provide intermediate conceptual and practical learning to students in operations management, marketing and human resource management. The module comprises 16 study weeks (including final assessment).
Operations Management: (4 weeks) The following subjects will be covered: - Introduction to operations management
- Operations strategy
- Product, service and process design
- International location of operations
- Global supply chain
- Operations: changing market conditions
Operations: risk and resilience
Marketing: (6 weeks)
The following subjects will be covered: - Marketing: purpose and mission
- Marketing (external environment, brand formulation, segmentation and targeting, market research)
- Analysing market growth potential
- International marketing and global branding
- Consumer behaviour
- Business-to-business marketing
Marketing (integrated marketing; lifecycle maturity, product portfolio, brand refreshing, monitoring and measuring success, crisis management)
Human Resource Management (3 weeks)
- What does it mean to move from employee relations to HRM in a global context?
- Employment relations
- Change management
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Course Outcomes |
A. Knowledge and understanding A1: Develop a critical appreciation of the interactions between various business functions (operations management, marketing and human resource management) and the integrative complexity that shapes business innovation. A2: Develop a critical understanding of why new products and services are imperative to contemporary business practice. Also to develop knowledge and understanding of external issues affecting the successful running of organizations, including how they compete in a global context.
A3: Develop knowledge and understanding of the elements required to build long-term success in organizations, and how students can contribute to the fostering of long-term value creation. A4: develop knowledge and critical understanding of the theories, concepts and models of different business functions (operations management, marketing and human resource management). B. Cognitive skills
B1: Select and critically analyse information relevant to a particular problem or issue related to business and management. B2/B3: Evaluate and compare competing perspectives, theoretical models and concepts in the context of practical situations B2/B4: Gather and synthesise material from a variety of sources in constructing arguments applied to business and management
C. Practical and professional skills
C3: Communicate in a professional manner in written work, face to face and online. Plan, monitor and review progress as independent learner, including a focus on personal skills development. C4: Develop an awareness of ethical issues and professional standards relevant to business and management
D Key transferable skills D2: Search for and use relevant digital and non-digital information from sources other than the module materials. D3: Compare critically and use different approaches to issues and problems within business management. Engage in critical reflection. D4: Consolidate an understanding of academic language and literacy practices in order to effectively engage with the academic knowledge and skills of Level 5 study.
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B207B Shaping Business Opportunities
(8) Credit Hours
B207B is an 8-credit (30 points), Level 5 UK-OU based course offered through the Business Program at the Arab Open University as a compulsory course for all students enrolled in all tracks in the program. Entry into this course is contingent upon the successful completion of B207A.
Course Code |
B207B |
Course Title |
Shaping Business Opportunities |
Pre-requisite |
B207A |
Credit Hours |
8 |
Course Description |
B207B is an 8-credit (30 points), Level 5 UK-OU based course offered through the Business Program at the Arab Open University as a compulsory course for all students enrolled in all tracks in the program. Entry into this course is contingent upon the successful completion of B207A. |
Course Objectives |
This
module is designed to provide intermediate conceptual and practical learning to
students in management and accounting. The module comprises 16 study weeks
(including final assessment).
|
Course Outcomes |
A. Knowledge and understanding A1: Develop a critical appreciation of the interactions between various business functions (management and accounting) and the integrative complexity that shapes business innovation.
A2: Develop knowledge and understanding of the elements required to build long-term success in organizations, and how students can contribute to the fostering of long-term value creation.
A3: develop knowledge and critical understanding of the theories, concepts and models of different business functions. B. Cognitive skills
B1: Select and critically analyse information relevant to a particular problem or issue related to business and management.
B2: Evaluate and compare competing perspectives, theoretical models and concepts in the context of practical situations
B3: Gather and synthesise material from a variety of sources in constructing arguments applied to business and management
C. Practical and professional skills C1: Communicate in a professional manner in written work, face to face and online. Plan, monitor and review progress as independent learner, including a focus on personal skills development.
C2: Develop an awareness of ethical issues and professional standards relevant to business and management
D Key transferable skills D1: Search for and use relevant digital and non-digital information from sources other than the module materials. D2: Compare critically and use different approaches to issues and problems within business management. Engage in critical reflection.
D3: Consolidate an understanding of academic language and literacy practices in order to effectively engage with the academic knowledge and skills of Level 5 study.
|
B240 Microfinance theory and Practice
(8) Credit Hours
This course will use information economics to understand microfinance as an alternate source of financing for the poor. The rise of informal credit markets and cooperative savings and credit cooperatives organizations amidst difficulties of accessing financial services from banks shall be explored. The problems of adverse selection and moral hazards in commercial banking and how microfinance institutions use local information and group lending to circumvent these problems shall be considered. Competition, profitability versus poverty reduction as objectives of microfinance institutions. Management and self sustainability of MFI and crosscutting issues on microfinance gender and education among others shall be covered.
Course Code |
B240 |
Course Title |
Microfinance theory and Practice |
Pre-requisite |
B124 |
Credit Hours |
8 |
Course Description |
This course will use information economics to understand microfinance as an alternate source of financing for the poor. The rise of informal credit markets and cooperative savings and credit cooperatives organizations amidst difficulties of accessing financial services from banks shall be explored. The problems of adverse selection and moral hazards in commercial banking and how microfinance institutions use local information and group lending to circumvent these problems shall be considered. Competition, profitability versus poverty reduction as objectives of microfinance institutions. Management and self sustainability of MFI and crosscutting issues on microfinance gender and education among others shall be covered. |
Course Objectives |
Microfinance
theory and Practice is to make students understand the economic theory behind
the rise of microfinance and how microfinance institutions contribute to
economic development. It also aims to make students understand current trends
in microfinance and challenges of managing microfinance institutions. This
shall help in integrating theoretical knowledge and practice as a way of
preparing students to be future professionals in microfinance institutions.
Students are expected to gain in-depth knowledge about micro-finance and how
they contribute to the economic development. Analytical skills in credits
appraisals, monitoring and evaluation of loan performance are expected to be
gained. Field studies in microfinance institutions shall make students gain
experience of practical microfinance operations. Students will be introduced to
mix of lectures, seminars, case studies and student presentations. The seminar
case method encourages collaborative learning by working in groups to expand
insights and cover more perspectives. It helps articulate arguments based on
facts through presentation of investment conviction. It enhances analytical
capabilities through expressing opinions based on multiple resources.
|
Course Outcomes |
A. Knowledge
and understanding A1: Appraise
contemporary issues and trends in sustainable finance. A2: Appraise
the implications of sustainability for financial tools and techniques And investment
opportunities. A3: Understand Financial services, Financial
service providers and Delivery Channels A4: Identify the challenges of implementing new
financial initiatives. A5: Apply financial tools and techniques
explicitly in a green, clean Tech and
ethical context. B. Cognitive
skills B1 : The ability to identify assumptions, evaluate statements in
terms of evidence, to detect false logic or reasoning, to identify implicit
values, and to define terms adequately and to generalize appropriately; B2: The ability to create, evaluate and access a range of options,
together with the capacity to apply ideas and knowledge to a range of business
and other situations; B3: Generic intellectual skills such as literacy and
informationprocessing skills, interpersonal and presentational skills; B4: The ability to apply business modules to business problems and
phenomena; B5: Facility with key concepts used in decision making, including
opportunity cost, incentives, equilibrium, strategic thinking, expectations and
marginal analysis; B6: Effective self-management in terms of time, planning and
behavior, motivation, self-starting, individual initiative and enterprise; C. Practical and professional skills C1: Analyze and appraise alternatives and make decisions based on evidence. C2: Demonstrate effective
written communication skills, particularly
in explaining and justifying choices.
C3: Demonstrate effective debating and presentation skills. C4: Demonstrate effective skills in independent private study. C5: Ability to assess the feasibility of business propositions. D. Key transferable skills. D1: Negotiated or ad hoc budgets whereby a specific amount of
public money is allocated to an institution (with or without prior negotiation)
D2: Present the argument clearly and in an appropriate academic
style and format D3: Identify and evaluate the relevance of information from a
variety of sources
D4: categorical or
earmarked funds whereby governments specifically target one or various
institution(s) based on predetermined criteria;
|
B291 Financial Accounting
(8) Credit Hours
This course is the first of two modules leading to the Professional Certificate in Accounting (K01). We strongly recommend that you study this course before Management accounting (B292), but both courses can be studied independently. This is a Level 2 course and students need to have a good knowledge of financial accounting, obtained either through Level 1 study with the AOU or by doing equivalent work at another university. Ideal preparation for this course would be our Level 1 course Fundamentals of Accounting (B124).
Course Code |
B291 |
Course Title |
Financial Accounting |
Pre-requisite |
B124 |
Credit Hours |
8 |
Course Description |
This course is the first of two modules leading to the Professional Certificate in Accounting (K01). We strongly recommend that you study this course before Management accounting (B292), but both courses can be studied independently. This is a Level 2 course and students need to have a good knowledge of financial accounting, obtained either through Level 1 study with the AOU or by doing equivalent work at another university. Ideal preparation for this course would be our Level 1 course Fundamentals of Accounting (B124). |
Course Objectives |
This
is the course for students if they want a route into the accountancy profession
or need to gain fundamental accounting skills for a management or other role.
Students will gain an understanding of how financial statements are prepared
and develop the skills to prepare financial statements. Students will explore
differences in financial accounting for different businesses, building an
understanding of the frameworks underpinning accounting and audit practice.
|
Course Outcomes |
A. Knowledge
and understanding A1:
Demonstrate understanding of the role and importance of accounting in the
various types of business and other organisations. A2:
Demonstrate understanding of the accounting regulatory framework in the UK and
EU as well as within the context of international financial and capital
markets. A3:
Demonstrate understanding of the qualitative characteristics of financial
accounting information, accounting concepts and principles. A4:
Demonstrate the ability to prepare financial statements based on application of
accounting concepts, regulations and principles. B. Cognitive
skills B1: Review and illustrate the purpose, context and environmental
influences and constraints on financial accounting and business practices (Unit
1). B2: Explain, analyse and apply the mechanism of double-entry bookkeeping
and the accounting cycle (Unit 2). B3: Identify, classify, measure and
summarise the elements of financial statements applying accounting principles
and concepts (Units 3 and 4). B4: Explain and interpret the purpose, form and
content of the three main financial statements; income statement, balance sheet
and cash flow statement (Unit 5). B5: Explain and evaluate the need for ethics
in the behaviour of accountants and the need for independent auditing in the
reporting process of public and large enterprises (Unit 6). B6: Explain and
review the relations between corporate governance, auditing and
financing (Unit 7). C. Practical and professional skills C1: Record transactions and events, and maintain accounting
records manually and gain some familiarity with computerised accounting
software (Units 3 and 4). C2: Prepare periodic financial statements for sole traders,
partnerships, non-profit organisations and single-entity private and public
limited companies (Unit 5) D. Key transferable skills.
D1: Use simple
mathematics for the purpose of calculations in bookkeeping, accounting and
preparing/analysing financial statements, including basic ratio analysis.
|
B292 Management Accounting
(8) Credit Hours
This is a level 2 course and students need to have a good knowledge of financial accounting obtained either through level 1 study with the AOU or completing equivalent work at another university. This is the course for students if they want a route into the accounting profession or need to gain fundamental accounting skills for a management or other role. The overall aim of this module is to help students learn and interpret management accounting information. You may be undertaking this module to prepare for a career as an accountant working in or with organizations, as part of a degree or as a stand- alone module.
Course Code |
B292 |
Course Title |
Management Accounting |
Pre-requisite |
B124 |
Credit Hours |
8 |
Course Description |
This is a level 2 course and students need to have a good knowledge of financial accounting obtained either through level 1 study with the AOU or completing equivalent work at another university. This is the course for students if they want a route into the accounting profession or need to gain fundamental accounting skills for a management or other role. The overall aim of this module is to help students learn and interpret management accounting information. You may be undertaking this module to prepare for a career as an accountant working in or with organizations, as part of a degree or as a stand- alone module. |
Course Objectives |
B292 academic aim is to introduce students to number of fundamental
concepts and theories of Management Accounting in order to guide managerial
decision making by individuals and business units. It also develops the
students’ knowledge of Management Accounting as well as skills in
problem-solving, decision making relating to aspects of planning, costing, budgeting,
evaluating. B292 also prepares students for advanced Management Accounting
concepts. After studying the course, the students should be able to: - Demonstrate
understanding of the nature of management and the role of management
accounting in the management process.
- Demonstrate
understanding of the different types of costs and the role of costs in
decision making.
- Demonstrate understanding
of how inventory is accounted for and managed within the organization, and
the methods for calculating the cost of different types of products,
processes and services.
- Demonstrate the
ability to prepare budgets.
- Demonstrate
understanding of the management and the influence of economic factors and
economic analysis on management decision making.
|
Course Outcomes |
A. Knowledge
and understanding
A1 : Demonstrate Understanding of the nature of management and the role of management accounting in the management process.
A2: Demonstrate the understanding of the different types of costs and the role of costs in decision making.
A3: Demonstrate understanding of how inventory is accounted for and managed within the organization and the methods for calculating the costs of different types of products , processes and services..
A4: Demonstrate the ability to prepare
budgets.
B. Cognitive
skills
B1. Understand the nature of organizations, the process of management and the role of information (including accounting information) in managing organizations. (Unit 1).
B2. Understand the nature of cost analysis for planning and decision making and be able to apply and explain the techniques covered. (Unit 2).
B3. Understand and explain the costing and accounting methods and systems which provide the management of an organization with relevant and reliable information on which to base decisions. (Unit 3).
B4. Explain the budgetary process and illustrate in detail a method of preparing budgets for planning and control purposes. (Unit 4).
C. Practical and professional skills
C1: Understand the use of marginal costs , cost volume –profit Analysis and contribution analysis in costing and price decisions. C2:Calculate costs using the job , process and contract costing Methods , calculate the cost of a product or service from basic Information using batch and process costing. C3:Prepare budgets and calculate the main variances used in Variance analysis. C4:Be able to prepare accounting statements for planning and Control. C5: Be able to prepare periodic reports
D. Key transferable skills.
D1:Demonstrate understanding of the nature & types of costs D2: Calculate Break-even points in units and in turnover. D3: The use of Activity based costing as a more exact method In indirect cost allocation.
D4:Demonstrate ability to prepare different types of budgets
D5: Work with qualitative & quantitative data drawing appropriate conclusions based on findings.
|
B325 Managing across organisational and cultural boundaries
(8) Credit Hours
B325 is offered as an option at level 3 in the awards: BA (Hons) Business Studies; BA (Hons) Leadership and management. The course aligns well within the educational aims of these programs by developing “the student’s interest in and knowledge of the world of business”. By providing students with the opportunity to draw on their own experience and critically engage with theory with theory relevant to managing across organisational and cultural boundaries, it supports the program’s aim of developing “graduates who bring to their employment in business or organisations of any sort, a range of critically important and highly valued skills”. B325 will complement other courses within the existing suite of courses offered within management and business studies. It will embrace all learners irrespective of their level of attained experience and position within their own organisation.
Course Code |
B325 |
Course Title |
Managing across organisational and cultural boundaries |
Pre-requisite |
BUS310 |
Credit Hours |
8 |
Course Description |
B325 is offered as an option at level 3 in the awards: BA (Hons) Business Studies; BA (Hons) Leadership and management. The course aligns well within the educational aims of these programs by developing “the student’s interest in and knowledge of the world of business”. By providing students with the opportunity to draw on their own experience and critically engage with theory with theory relevant to managing across organisational and cultural boundaries, it supports the program’s aim of developing “graduates who bring to their employment in business or organisations of any sort, a range of critically important and highly valued skills”. B325 will complement other courses within the existing suite of courses offered within management and business studies. It will embrace all learners irrespective of their level of attained experience and position within their own organisation. |
Course Objectives |
The
aim of the course is fairly to provide students with ways if understanding and
analysing different organisational, inter- organisational and international
context and the ways in which such different contexts influence individuals’
experience of work. Secondly, the course aims to provide students with
knowledge and understanding of themes and challenges pertaining to organising
and managing across this different context; managing aims, power, politics,
trust, cultural diversity and the darker side of organising. The course
embassies the relationships between theory and practice; putting emphasis on
the theoretical underpinnings and debates surrounding the themes whilst at the
same time requiring students to draw on their own experience. Achieving the
intended learning outcomes (covering both knowledge and skills) fully supports
this dual aim.
|
Course Outcomes |
A. Knowledge
and understanding A1:
Inter-organisational collaboration, organisational behaviour, and international
management theories and concepts relevant to managing across organisational and
cultural boundaries. A2: Themes
and challenges pertaining to organizing and managing across intra,
inter-organisational and international contexts including the management of
aims, power, politics, trust, cultural diversity and the darker side of
organising. B. Cognitive
skills B1: Use conceptual frameworks to describe functions of organising and
managing in and across organisational and international contexts. B2: Identify and critically assess different perspectives on
managing and organising. B3: Synthesise, critically evaluate and challenge course relevant
theories of inter-organisational collaboration, organisational behaviour, and
international management. B4: Critically evaluate theories in relation to personal
experiences, organisational, inter-organisational and international setting
with which you are familiar and the relative standpoints of others within
different contexts. C. Practical and professional skills C1: Use and adopt relevant concepts and theories to practically
engage with a range of problems and issues in the work place. C2: Use specific inter-organisational collaboration,
organisational behaviour, and international management knowledge, cognitive and
key skills developed during the course to enhance individual work / practice. D. Key transferable skills. D1: Read and interpret
information presented in a variety of forms including academic journals, books
and on-line text. D2: Articulate ideas and communicate effectively using appropriate
interorganisational collaboration, organisational behaviour, and international
management theories and concepts. D3: Identify and ask questions appropriate to
the exploration and complex concepts. D4: Engage in
reflective, experiential and collaborative learning in face to face and virtual
context.
|
B326 Advanced Financial Accounting
(8) Credit Hours
Advanced Accounting is a continuation of the study of financial accounting. This course is the last of three modules leading to the Professional Certificate in Accounting. This is a Level 3 course and students need to have a good knowledge of financial accounting, obtained either through Levels 1 and 2 studies. Ideal preparation for this course would be our Level 1 course Financial accounting (BE210) and level 2 course Intermediate financial accounting (B291).
Course Code |
B326 |
Course Title |
Advanced Financial Accounting |
Pre-requisite |
B291 |
Credit Hours |
8 |
Course Description |
Advanced Accounting is a continuation of the study of financial accounting. This course is the last of three modules leading to the Professional Certificate in Accounting. This is a Level 3 course and students need to have a good knowledge of financial accounting, obtained either through Levels 1 and 2 studies. Ideal preparation for this course would be our Level 1 course Financial accounting (BE210) and level 2 course Intermediate financial accounting (B291). |
Course Objectives |
The
areas of coverage in this course include issues concerning the operation of
business combinations and consolidated financial statements, and international
accounting issues. Students are expected to develop both an understanding of
the concepts underlying these topics and the technical and analytical skills
needed to apply the concepts in practice. The case method will be used to
supplement problems.
|
Course Outcomes |
A. Knowledge
and understanding A1: Demonstrate an understanding of current GAAP related to
business combinations and its relationship to present reporting practices. A2: Demonstrate an understanding of contemporary accounting theory
and practice pertaining to business combinations and corporate consolidations. A3: Demonstrate an understanding of the various methods of
accounting for an investment in equity shares of another company. A4: Understand concepts related to foreign currency, exchange
rates, and foreign exchange risk. A5: Understand
how foreign currency forward contracts and foreign currency options can be used
to hedge foreign exchange risk. A6: Describe guidelines as to when foreign currency financial
statements are to be translated using the current rate method and when they are
to be translated using the temporal method.
B. Cognitive
skills B1: Explain how acquisition expenses are reported. B2: Explain the complexities of revenue recognition. B3: the valuation of assets, including goodwill, and liabilities
acquired in a business combination accounted for by the acquisition method. B4: Analyse and interpret the relevant International Financial
Reporting Standard (IFRS). B5: Prepare and analyse accounts for importing and exporting
transactions denominated in foreign currencies, as well as accounting for
forward exchange contracts. C. Practical and professional skills C1: Properly prepare consolidated financial statements as of the
date of acquisition and for periods subsequent to the date of acquisition. C2: Prepare a worksheet to consolidate the accounts of two
companies that form a business combination. C3: Adjust for foreign currency transactions and financial
statements. D. Key transferable skills. D1: Use simple mathematics for the purpose of
calculations in bookkeeping, accounting and preparing/analysing financial
statements
|
B327 Creating futures: Sustainable enterprise and innovation
(8) Credit Hours
This module is designed to provide intermediate/advanced conceptual and practical learning to students interested in the theory and practice of entrepreneurship and innovation in different contexts. B327 is a new level three course in the B.A. (Hons) in Business Studies with Marketing track. This module is a direct replacement for B322 (Investigating entrepreneurial opportunities). Structured around 4 study blocks, B327 addresses the societal impacts of entrepreneurship and innovation, researching entrepreneurship and innovation, and sustainable enterprise challenge.
Course Code |
B327 |
Course Title |
Creating futures: Sustainable enterprise and innovation |
Pre-requisite |
BUS310 |
Credit Hours |
8 |
Course Description |
This module is designed to provide intermediate/advanced conceptual and practical learning to students interested in the theory and practice of entrepreneurship and innovation in different contexts. B327 is a new level three course in the B.A. (Hons) in Business Studies with Marketing track. This module is a direct replacement for B322 (Investigating entrepreneurial opportunities). Structured around 4 study blocks, B327 addresses the societal impacts of entrepreneurship and innovation, researching entrepreneurship and innovation, and sustainable enterprise challenge. |
Course Objectives |
The
academic purpose of this module is to enable learners to develop independent
research and online collaborative skills necessary to engage in enterprise and
innovation practices in new and existing organisations. The module encourages
students to do so by articulating how entrepreneurship and innovation can be
used to satisfy individual goals/objectives while contributing to solving
societal problems in an ethical and sustainable manner. The module also
explores the theoretical and practical connections between the distinct yet
closely-interrelated fields of study.
|
Course Outcomes |
A. Knowledge
and understanding A1: Create
and manage sustainable forms of innovative and entrepreneurial ventures within
a range of specialist areas, such as Engineering, science and information
technology; Creative, leisure and cultural industries; Health and social care. A2: Research
entrepreneurship and innovations within a specialist real world setting,
recognising that specialist areas have to be explored at multiple levels of
analysis. A3: Apply
core theories, concepts and frameworks of innovation and entrepreneurship to
understand the strategy, process and operations of enterprises at different
stages of their life cycle. A4: Discuss the impact of innovation and
entrepreneurship on society, both at a conceptual and a practical level,
including ethics and sustainability, economic and social benefits to you, the
economy and local communities. B. Cognitive
skills B1: Differentiate the distinctive roles played by start-ups and
established enterprises in the process of developing and commercializing
various forms of innovations. B2: Distinguish the responsibilities of founders, managers,
employees and directors within particular types of sustainable enterprises and
innovations, including roles and rewards. B3: Use concepts from enterprise and innovation to critically
analyse and evaluate solutions to a variety of societal challenges. C. Practical and professional skills C1: Work independently and as part of a collaborative virtual team
to develop attributes and capabilities for entrepreneurial success in a complex
and changing environment. C2: Undertake independent research to inform practice within your
area of specialism. C3: Critically evaluate and reflect on your own career development
objectives. D. Key transferable skills. D1: Select and apply conceptual thinking for the process of
enterprise development. D2: Critically analyse and design competitive and sustainable
strategies for developing and introducing innovations into particular markets. D3: Negotiating, influencing, and agreeing roles and rewards
within founder teams in entrepreneurial settings, doing so in a legitimate
ethical manner. D4: Appropriately plan and solve problems in entrepreneurial and
innovative settings.
D5: Deploying effective
networking and persuasive communication skills.
|
B340 Asset Pricing and Corporate Finance
(4) Credit Hours
This course is aimed at students who are interested in understanding asset pricing and corporate finance. It provides a theoretical framework used to address issues in project appraisal and financing, the pricing of risk, securities valuation, market efficiency, capital structure, and mergers and acquisitions. It provides students with the tools required for further studies in financial intermediation and investments.
Course Code |
B340 |
Course Title |
Asset Pricing and Corporate Finance |
Pre-requisite |
B291 Financial Accounting |
Credit Hours |
4 |
Course Description |
This course is aimed at students who are interested in understanding asset pricing and corporate finance. It provides a theoretical framework used to address issues in project appraisal and financing, the pricing of risk, securities valuation, market efficiency, capital structure, and mergers and acquisitions. It provides students with the tools required for further studies in financial intermediation and investments. |
Course Objectives |
This
course provides a theoretical framework used to address issues in project
appraisal and financing, the pricing of risk, securities valuation, market
efficiency, capital structure, and mergers and acquisitions. It provides
students with the tools required for further studies in financial
intermediation and investments.
|
Course Outcomes |
A. Knowledge
and understanding A1:
understand the mathematics of portfolios and how risk affects the value of the
asset in equilibrium under the fundaments asset pricing paradigms A2:
Understand how Managerial Incentives Affect Financial Decisions A3: explain
the characteristics of derivative assets (forwards, futures and options), and
how to use the main pricing techniques. A4:
understand and explain the capital structure theory, and how information
asymmetries affect it A5:
understand how corporate governance can contribute to firm value A6: discuss
why merger and acquisition activities exist B. Cognitive
skills B1: analytical skills based on using the key capital budgeting
techniques B2: Critical thinking, analysis and synthesis: ability to
understand and use financial information and to critically analyze corporate
performance based on financial information. B3: valuating risk effects on assets using asset pricing. C. Practical and professional skills C1 : evaluating projects through capital budgeting techniques C2: enabling students to do
problem-solving and risk valuation using appropriate quantitative and
qualitative skills including data analysis, interpretation and extrapolation. C3: explaining the
characteristics of derivative assets (forwards, Futures and options). D. Key transferable skills. D1: Effective communication, both orally and in writing, of
information, arguments and ideas. D2: Problem-solving and
decision-making using appropriate quantitative and qualitative skills including
data analysis, interpretation and extrapolation.
D3: Effective performance in a team environment
both in face-to-face and/or virtual contexts. D4: Develop an appropriate understanding of the student’s
needs to develop as a learner and devise strategies to address these.
|
B392 Advanced Management Accounting
(8) Credit Hours
The module offers students the opportunity to continue their studies in the BA Business Studies after they have completed the B291 & B292 modules. It builds on the knowledge and skills students have learned in B292 by focusing on theories, concepts and techniques at a more advanced level. The learning outcomes also include a critical evaluation of the theories and techniques and their application in ambiguous settings using case study approach. Business entities operate in economic turbulent environments. Under these constraints, decisions taken by managers of business units can vary and differ depending on the manager’s and the company’s pursuit of goals and objectives. Proper economic analysis and use of appropriate techniques and tools are therefore mandatory for managers and decision makers. The module can be used to understand strategy and to situate the role of strategic management accounting within the broader content of organizational and industry differences using theories, tools, techniques and relevant case studies and examples. Basic skills of quantitative proficiency is required in order to understand pricing decisions techniques, financial measures of performance, investments , EVA , Variance analysis , budgeting costing etc. This module provides students with a solid base of Advanced management Accounting study and practice.
Course Code |
B392 |
Course Title |
Advanced Management Accounting |
Pre-requisite |
B292 |
Credit Hours |
8 |
Course Description |
The module offers students the opportunity to continue their studies in the BA Business Studies after they have completed the B291 & B292 modules. It builds on the knowledge and skills students have learned in B292 by focusing on theories, concepts and techniques at a more advanced level. The learning outcomes also include a critical evaluation of the theories and techniques and their application in ambiguous settings using case study approach. Business entities operate in economic turbulent environments. Under these constraints, decisions taken by managers of business units can vary and differ depending on the manager’s and the company’s pursuit of goals and objectives. Proper economic analysis and use of appropriate techniques and tools are therefore mandatory for managers and decision makers. The module can be used to understand strategy and to situate the role of strategic management accounting within the broader content of organizational and industry differences using theories, tools, techniques and relevant case studies and examples. Basic skills of quantitative proficiency is required in order to understand pricing decisions techniques, financial measures of performance, investments , EVA , Variance analysis , budgeting costing etc. This module provides students with a solid base of Advanced management Accounting study and practice. |
Course Objectives |
|
Course Outcomes |
A. Knowledge
and understanding A1 :
Understand the role of strategic management accounting and apply a strategic
analysis framework in simple complex settings. A2
:Critically select , apply and evaluate management accounting techniques in
strategic costing and pricing including value chain analysis , activity based
costing and business process optimization approaches. A3:
Understand, describe and evaluate the sources , costs and risks associated with
the financing of investments. A4: Apply and
critically evaluate advanced techniques for investment appraisal. A5: Explain,
apply and evaluate methods of accounting control and performance evaluation for
the purpose of improving strategic and operational performance of
organizations. B. Cognitive
skills B1: Develop the ability to integrate information and use reasoned
approaches to select relevant information and analytical techniques in simple
and complex settings. B2: Compare critically and use different approaches to issues and
problems within management accounting. B3: Communicate management accounting information effectively and
appropriately. B4: Use information and communication technologies appropriately
and effectively. B5: Use fundamental business mathematics and other quantitative
methods effectively and appropriately C. Practical and professional skills C1: Apply digital technologies to analyse data using strategic
management techniques, e.g spread sheets.
C2: Frame problems in ambiguous settings independently .Identify
and critically select appropriate information both from digital and print
sources to address these. C3: Use a combination of electronic applications to communicate
analysis and findings. C4: Use tools and techniques of management accounting to improve managerial decision making. D. Key transferable skills. D1: Provide students with knowledge and understanding of
management accounting techniques that play an important role in in the
formulation and implementation of business strategy. D2: Examine two key areas of financial management of organizations
and link them to the management accounting and strategic activities of
organizations. D3: Build on the material already studied by students on
investment appraisal, adding theoretical depth and a critical evaluation of the
techniques.
D4: Evaluate performance
using benchmarks and appropriate measures of return on investment.
|
B628 Managing 1: Organizations and People
(8) Credit Hours
This module is designed for managers, aspiring managers, team leaders and supervisors; it uses activities and problem-solving to take you through core topics in organizational behavior and human resource management. Topics include organizational context and culture, stakeholders, management roles, recruitment and induction, performance management, motivation, team work, managing operations and change. These are focused primarily on your own work situations and practices, whether these are in the commercial, public or voluntary sectors.
Course Code |
B628 |
Course Title |
Managing 1: Organizations and People |
Pre-requisite |
B207B |
Credit Hours |
8 |
Course Description |
This module is designed for managers, aspiring managers, team leaders and supervisors; it uses activities and problem-solving to take you through core topics in organizational behavior and human resource management. Topics include organizational context and culture, stakeholders, management roles, recruitment and induction, performance management, motivation, team work, managing operations and change. These are focused primarily on your own work situations and practices, whether these are in the commercial, public or voluntary sectors. |
Course Objectives |
By the
end of the course students will be enabled to critically reflect on and analyse
workplace situations and their own ways of managing. It is ‘solution oriented’
to help students to not only understand work situations from a manager’s
perspective, but also to help them to work out what to do, given that they may
not be in charge of the organisation they work for. As they work through
activities, problems and solutions, they will question the idea that there are
single solutions or issues or that there is ‘one best way’. they will come to
understand the constraints, choices and demands that operate and learn when to
work within them and when and how they may be able to bring about change.
|
Course Outcomes |
A. Knowledge
and understanding Module 1 : Managing A1: the role and context of managerial work with particular
reference to the development of own practice.
A2: managerial skills ( including problem solving , decision
making, information gathering treatment and presentation) Module 2: A3: Key processes of people management, incorporating the
recruitment and development of staff and the management and leadership of
individuals, teams and change. A4: Behavioural aspects of the management of leadership of
individuals, teams and change. B. Cognitive skills B1:apply management concepts
to work context. B2: analyse and critically reflect on work practice and
professional self knowledge. B3: solve management problems through the use of the analytical
skills including problem identification, analysis, logic, thinking and
judgement to the advantage of one's own organization. C. Practical and professional skills C1: Setting objectives for developing and implementing Operational plans for the area of
responsibility. C2: Reviewing and evaluating performance and practice. C3: reflecting and questioning.
C4: presenting and reporting information. C5: problem solving, innovation and decision-making. C6: Managing business
processes. D. Key transferable skills. D1: Use interpersonal skills including those involved in team
working and collaborating. D2: communicate effectively , using management vocabulary, both
orally and in writing and listen
actively . D3: Gather, handle , present and use information effectively;
analyse and evaluate numerical data and information for specific purposes; use
information technologies. D4: Demonstrate numeracy and literacy
D5: Learn how to learn
with an emphasis on self-monitoring and progress towards independent learning.
|
B629 Managing 2: Marketing and Finance
(8) Credit Hours
Main elements and realities of a manager’s job and explains how one can develop and organize himself to be effective and successful in his role. Managing in modern organizations is not easy: no context is the same; the ‘right’ decision in one organization may be the ‘wrong’ one in another, or at another time. There is no ‘one best way’. However, there is also ‘received wisdom’ – tried and tested practices and behaviours that are usually effective in bringing about the result a manager wants. These are included in this module where appropriate. But even ‘good practice’ needs adaptation: time or resources may be in short supply and a manager may have to do the best he or she can with what’s available. This is the art of management: doing what’s possible in the best way possible in the circumstances to achieve, through others, the goals for which an organization is striving.
Course Code |
B629 |
Course Title |
Managing 2: Marketing and Finance |
Pre-requisite |
- |
Credit Hours |
8 |
Course Description |
Main elements and realities of a manager’s job and explains how one can develop and organize himself to be effective and successful in his role. Managing in modern organizations is not easy: no context is the same; the ‘right’ decision in one organization may be the ‘wrong’ one in another, or at another time. There is no ‘one best way’. However, there is also ‘received wisdom’ – tried and tested practices and behaviours that are usually effective in bringing about the result a manager wants. These are included in this module where appropriate. But even ‘good practice’ needs adaptation: time or resources may be in short supply and a manager may have to do the best he or she can with what’s available. This is the art of management: doing what’s possible in the best way possible in the circumstances to achieve, through others, the goals for which an organization is striving. |
Course Objectives |
B629- Managing 2: Marketing and Finance will cover core topics in
Marketing and Finance. Topics include;
assessing the external environment, consumer relationship, market research,
product/service analysis, price, promotion and delivery, quality, consumer expectations
and satisfaction, financial planning and monitoring through budgets, cash flow,
profit and loss. All these topics will
focus primarily on student’s own work situations and practices. The teaching
and learning strategy of this module is problem-based. Through this approach,
the module aims to develop the skills an effective manager needs: such as
analysis, constructing sound arguments, critical and reflective thinking,
problem identification and solving, active listening and communication, sourcing
and presenting information, and report writing. The course is a management
development vehicle that aims to help student perform more effectively as
managers. It does so by: - Increasing student’s foundation management knowledge and competencies
- Providing a repertoire of theories, concepts, and techniques to apply in different management setting -Helping students understand their individual management role, its context and nature of their interventions in their organizations
- Encouraging student to be reflective practitioners, applying independent and inquisitive learning in the workplace
- Enabling students to understand the discourse of specialist and senior managers better, so that they can hold more confident and informed conversations with them, work more effectively with and where appropriate challenge them.
|
Course Outcomes |
A. Knowledge
and understanding A1: Client
communications, relationships, the role of marketing information and the
development of value. A2: Marketing
planning, service quality with particular reference to own practice. A3:
Understand how financial information can be used to support managerial decision
making (i.e. the relevance of the generation and reporting of financial
information) A4:
Understand the importance of costs costing and budgeting processes in
managerial decisions A5: Have a good understanding of how business concepts
relate to real life businesses, organizations A6:
Importance of performance management for organisations B. Cognitive skills B1. Apply management concepts to work contexts B2. Analyse and critically reflect on work practice and
professional self-knowledge B3. Solve management problems through the use of analytical skills
including problem-identification, analysis, logic, critical thinking and
judgment to the advantage of one’s own organization B4. Communicate effectively, using management vocabulary, both
orally and in writing and listen actively. Use interpersonal skills including
those involved in team working and collaborating B5. Gather, handle, present and use information effectively;
analyse and evaluate numerical data and information for specific purposes; use
information technologies B6. Demonstrate numeracy and literacy and Learn how to
learn with an emphasis on self-monitoring and progress towards independent
learning B7. Critical thinking, analysis and synthesis. C. Practical and professional skills C1. Setting objectives for, developing and implementing
operational plans for area of
responsibility C2. Reviewing and evaluating performance & practice C3. Reflecting and questioning C4. Presenting and reporting
information C5. Problem-solving, innovation and decision-making by using tools
and techniques and models C6. Apply key concepts to managerial decision making the Managing of
business processes
D. Key transferable skills. D1. Use interpersonal skills including those involved in team
working and collaborating D2. Communicate effectively, using management vocabulary, both
orally and in writing and listen actively D3. Gather, handle, present and use information effectively;
analyse and evaluate numerical data and information for specific purposes; use
information technologies D4. Demonstrate numeracy and literacy
D5. Learn how to learn
with an emphasis on self-monitoring and progress towards independent learning
|
B716 I Management: Perspectives and Practice
(8) Credit Hours
B716 I Management: perspectives and practice is about both the theoretical and practical sides of management and managing. It is an important first stage in your MBA education that will build up the fundamental skills and knowledge you need to carry on into the next level. It is also intended to motivate you to learn about different aspects of managing and management and to help you identify areas you want to work on for your own professional development.
Through learning about different management functions within organizations you will develop a better understanding of the context in which your own practice takes place. You will gain confidence in understanding how different parts of organizations operate and in having successful conversations across these areas, including:
• organizational structure, power and politics, and change management
• managing people and organizations
• managing financial resources
• marketing management
• operations management
Over the course of a semester’s study, students will learn, develop and consolidate their understanding of the principal management functions and how each area is interrelated with each other these areas are interrelated. This will provide them with a foundation that will enable you to move successfully to strategic and specialist areas in your MBA studies.
Course Code |
B716 I |
Course Title |
Management: Perspectives and Practice |
Pre-requisite |
- |
Credit Hours |
8 |
Course Description |
B716 I Management: perspectives and practice is about both the theoretical and practical sides of management and managing. It is an important first stage in your MBA education that will build up the fundamental skills and knowledge you need to carry on into the next level. It is also intended to motivate you to learn about different aspects of managing and management and to help you identify areas you want to work on for your own professional development.
Through learning about different management functions within organizations you will develop a better understanding of the context in which your own practice takes place. You will gain confidence in understanding how different parts of organizations operate and in having successful conversations across these areas, including:
• organizational structure, power and politics, and change management
• managing people and organizations
• managing financial resources
• marketing management
• operations management
Over the course of a semester’s study, students will learn, develop and consolidate their understanding of the principal management functions and how each area is interrelated with each other these areas are interrelated. This will provide them with a foundation that will enable you to move successfully to strategic and specialist areas in your MBA studies.
|
Course Objectives |
The primary aims of this
course are associated with key business
functional areas of managing people and organizations; finance; marketing; and
operations management to - Develop
your understanding of the core and current frameworks, theories and tools
and to assess their relevance to the issues of twenty-first century
leading and managing
- Increase
your awareness of different perspectives on, and approaches to, managing
and leading in different organizational and cultural contexts
- Develop
your ability to engage critically with management frameworks, theories and
tools helping you to select and adapt techniques and approaches
appropriate to own management context, in order to shape your own
management practice
Develop your awareness of the wider global
context in which business and management takes place, and increase your ability
to work confidently across sectorial and national boundaries
|
Course Outcomes |
|
B716 II Management: Perspectives and Practice
(8) Credit Hours
B716 II Management: perspectives and practice is about both the theoretical and practical sides of management and managing. It is an important first stage in your MBA education that will build up the fundamental skills and knowledge you need to carry on into the next level. It is also intended to motivate you to learn about different aspects of managing and management and to help you identify areas you want to work on for your own professional development.
The B716 II, Managing: Perspectives and Practice is the first stage of the new restructured Global MBA programme which providing students with a comprehensive grounding in key management and business disciplines. The significant changes will be the introduction of elements of creative thinking and problem solving, and a change in ethos of the current learning formula as active engagement and critical reflection will become central to the design and embedded in the way students will learn. This approach will enable the student to develop right from the start of the Masters programme habits of practical management based on rigorous analysis, but which will automatically proceed to synthesis, decision making and implemented activity.
Through learning about different management functions within organizations you will develop a better understanding of the context in which your own practice takes place. You will gain confidence in understanding how different parts of organizations operate and in having successful conversations across these areas, including:
• organizational structure, power and politics, and change management
• managing people and organizations
• managing financial resources
• marketing management
• operations management
Over the course of a semester’s study, students will learn, develop and consolidate their understanding of the principal management functions and how each area is interrelated with each other these areas are interrelated. This will provide them with a foundation that will enable you to move successfully to strategic and specialist areas in your MBA studies.
Course Code |
B716 II |
Course Title |
Management: Perspectives and Practice |
Pre-requisite |
B716A |
Credit Hours |
8 |
Course Description |
B716 II Management: perspectives and practice is about both the theoretical and practical sides of management and managing. It is an important first stage in your MBA education that will build up the fundamental skills and knowledge you need to carry on into the next level. It is also intended to motivate you to learn about different aspects of managing and management and to help you identify areas you want to work on for your own professional development.
The B716 II, Managing: Perspectives and Practice is the first stage of the new restructured Global MBA programme which providing students with a comprehensive grounding in key management and business disciplines. The significant changes will be the introduction of elements of creative thinking and problem solving, and a change in ethos of the current learning formula as active engagement and critical reflection will become central to the design and embedded in the way students will learn. This approach will enable the student to develop right from the start of the Masters programme habits of practical management based on rigorous analysis, but which will automatically proceed to synthesis, decision making and implemented activity.
Through learning about different management functions within organizations you will develop a better understanding of the context in which your own practice takes place. You will gain confidence in understanding how different parts of organizations operate and in having successful conversations across these areas, including:
• organizational structure, power and politics, and change management
• managing people and organizations
• managing financial resources
• marketing management
• operations management
Over the course of a semester’s study, students will learn, develop and consolidate their understanding of the principal management functions and how each area is interrelated with each other these areas are interrelated. This will provide them with a foundation that will enable you to move successfully to strategic and specialist areas in your MBA studies.
|
Course Objectives |
The primary
aims of this course are associated with key
business functional areas of managing people and organizations; finance;
marketing; and operations management to - Develop your understanding of
the core and current frameworks, theories and tools and to assess their
relevance to the issues of twenty-first century leading and managing
- Increase your awareness of
different perspectives on, and approaches to, managing and leading in
different organizational and cultural contexts
- Develop your ability to engage
critically with management frameworks, theories and tools helping you to
select and adapt techniques and approaches appropriate to own management
context, in order to shape your own management practice
- Develop your awareness of the
wider global context in which business and management takes place, and
increase your ability to work confidently across sectorial and national
boundaries
- Develop interpersonal and
conceptual skills that will help you to use ideas and frameworks to make
sense of, and to work with, organizational complexity
- Challenge your own thinking and
practice by reflecting upon it critically in the light of the ideas you
encounter, and through debates with others
Enhance your ability
to plan and implement change which will have real impact within your own
organizational context.
|
Course Outcomes |
A. Knowledge and understanding A1. To acquire knowledge and understanding of the major theories and approaches of organizations. A2. To know the main managerial issues associated with key business functional areas of Managing People and Organisations; Finance; Marketing; Operations Management; Change and Project Management; and the leading and alternative theories, concepts and models in business and management. A3. To understand the complex and interrelated nature of organisations and management practice; the critiques of and key debates within the study of business and management; and the global context in which business and management is practised A4. To Know the key managerial issues associated with human resources, marketing, organisational behaviour, accounting and finance, operations, quality and information, estimate and cost the human and physical resources required, and make plans to obtain the necessary resources. A5. To understand the common drivers for change and approaches to change management and implementation.
B. Cognitive skills B1. Analysing and synthesising key concepts and frameworks with
clarity and critical reflection B2. Drawing appropriately as a manager on both academic and practitioner
knowledge B3. Evaluate and compare possible courses of action and make appropriate
decisions in the light of the context in which you are managing
B4. Appraise and
accommodate constraints, opportunities and threats present in your management
contexts
C. Practical and professional skills C1. Identifying learning needs and design development plans to address them. C2. The ability to communicate effectively as a manager with staff and
colleagues at all levels and areas of an organisation C3. Work effectively with others with openness and sensitivity to diversity C4. Plan and manage your work and study time
C5. Develop an
awareness of the impact of your own thinking and behaviour and a use this as
the basis for developing your professional and personal competences during
B716.
D Key transferable skills
D1. Confidence in applying business and management numeracy skills and
quantitative analysis D2. Skills of finding, recording and using information, data and
evidence effectively – drawing competently on relevant professional and
academic literatures D3. Skills of independent inquiry, investigation and on-going
reflection on your own learning in context D4. Using a variety of communication media effectively
the ability to work both independently and as a member of a team D5. Work independently, reflecting on own actions and thoughts, and making
effective use of constructive feedback, and the usage of key skills for the use of information
technology
D6 Perform effectively
within a team environment, and recognize and utilize other people’s
contributions in group processes; perform team selection, delegation,
development and management.
|
B839 MAKING A DIFFERENCE: THE MANAGEMENT INITIATIVE
(8) Credit Hours
B839 is a postgraduate course and is compulsory for all students who progress to Stage II of the AOU MBA program where a Thesis is not required by the local accreditation body. This 8 credit module is the final compulsory, personal and professional development component of student MBA. The course is offered over a period of one semester and included in the MBA program to develop students’ skills in conducting a structured appraisal of their own experience, practice and context and in integrating theory, practice and learning to make a difference in their organizations. It provides students with a framework for some sustained and critical work on the relationship between their course-based learning and their current and future professional practice.
For this purpose, students are required to undertake a largely self-directed and independently-managed program of work and study based on a specific initiative in their own organizations (evidence-based initiative). To meet this requirement, students will be provided with guidance on how to choose, plan, undertake and report on their evidence-based initiatives. Acquiring such skills is important for maters-level students, providing justification for the inclusion of this course in the AOU MBA program. Moreover, students can apply these skills in other courses, positively contributing to their performance in these courses. Students will also have an opportunity to reflect how their MBA study has changed them as managers/practitioners.
This module enables you to utilize and apply the learning gained on your MBA journey, to ‘make a difference’ in your workplace. Through this you will explore the extent to which theory can be applied in practice by applying academic ideas to your work-based issue. You will also have an opportunity to reflect how your MBA study has changed you as a manager/practitioner.
Course Code |
B839 |
Course Title |
MAKING A DIFFERENCE: THE MANAGEMENT INITIATIVE |
Pre-requisite |
BB831 |
Credit Hours |
8 |
Course Description |
B839 is a postgraduate course and is compulsory for all students who progress to Stage II of the AOU MBA program where a Thesis is not required by the local accreditation body. This 8 credit module is the final compulsory, personal and professional development component of student MBA. The course is offered over a period of one semester and included in the MBA program to develop students’ skills in conducting a structured appraisal of their own experience, practice and context and in integrating theory, practice and learning to make a difference in their organizations. It provides students with a framework for some sustained and critical work on the relationship between their course-based learning and their current and future professional practice.
For this purpose, students are required to undertake a largely self-directed and independently-managed program of work and study based on a specific initiative in their own organizations (evidence-based initiative). To meet this requirement, students will be provided with guidance on how to choose, plan, undertake and report on their evidence-based initiatives. Acquiring such skills is important for maters-level students, providing justification for the inclusion of this course in the AOU MBA program. Moreover, students can apply these skills in other courses, positively contributing to their performance in these courses. Students will also have an opportunity to reflect how their MBA study has changed them as managers/practitioners.
This module enables you to utilize and apply the learning gained on your MBA journey, to ‘make a difference’ in your workplace. Through this you will explore the extent to which theory can be applied in practice by applying academic ideas to your work-based issue. You will also have an opportunity to reflect how your MBA study has changed you as a manager/practitioner.
|
Course Objectives |
The primary aims of this course are:
- To develop the capability to make a real difference to organisation performance as a manager / leader
- To develop and demonstrate a capability for critical and independent learning
- To develop and demonstrate the capability to apply other masters-level theoretical and practical learning integratively to the problems and opportunities in your own management practice.
- To continue to build on and demonstrate a capability for critical and self-directed learning
It therefore has no units. After studying the course students should be able to:
- Reflect critically on their practice as a manager / leader, evaluate their strengths and weaknesses and identify strategies for developing their personal and professional effectiveness in their role as a manager / leader.
- Develop, from all they have studied, a practical ability to read complex managerial/leadership situations, showing independence and originality.
- Build, from all they have studied, a repertoire of knowledge, skills, techniques (practical and theoretical) which they can draw on to frame appropriate interventions (short-term) and managerial / leadership strategies (long-term) to be effective in the management situations in which they find themselves.
- Identify ways in which they will independently continue their own professional development as a manager / leader.
- Demonstrate the ability to engage effectively with a practical management problem of strategic significance, through critically utilising and assessing management theory, integrating multiple perspectives.
- Design and implementation process, taking into account multiple interests, uncertainties and potential barriers.
Apply knowledge, experience and theory to understanding complexity, and evaluate the implications for their own and others' roles.
|
Course Outcomes |
A. Knowledge and understanding A1. Enhanced knowledge and understanding of the relationship between theory and practice, the process of making a difference in organisational contexts, leadership, power, uncertainty, risk, decision making, ethical management and corporate responsibility, managing across boundaries, the management of innovation, evaluation and measurement and communication. B. Cognitive skills B1. Make sense of new knowledge and information. B2. Think analytically and synthetically. B3. Evaluate critically B4. Use logical and coherent argument. B5. Integrate MBA study with practical issues encountered in their working life. B6. Link theory and practice.
B7. Be a reflective practitioner
C. Practical and professional skills C1. B839 is designed to fulfil QAA and
accrediting bodies’ requirements for MBA students to reflect upon their own
professional development. They will make an evaluation of their own
learning and development as a manager, as a result of their work on B839 in
particular and their MBA studies as a whole. The module will enhance students’
ability to evaluate their own professional development and skills requirements,
in relation to their current work context, as well as their post-MBA
development D. Key transferable skills D1. independent learning, sense making,
consultation, evidence selection and data collection, application and use of
theory in relation to practice, formulation of implementation plans,
decision-making, communication, and the capacity to reflect upon their own
learning and professional development.
|
B859 Financial Strategy: Valuation, Governance, and Ethics
(8) Credit Hours
This course, compulsory for direct entrants to the MBA program/Finance track, is concerned with the relationship between an employer and one of its key stakeholder groups; the providers of funds. This relationship is vital to the strategic decision making process of any employer. The overall aim of this course is to give the participants the skills to tackle: 1) how can the financial management of an organization best reflect its internal reporting and governance regime, 2) understand the different sources of finance in the capital structure, 3) evaluate projects with different levels of risk and returns, 4) how can we value an organization, 5) the module also provides learners with the knowledge to explore ethical issues encountered in finance profession. Therefore, Finance is one of the most important functional areas of business. It relates to other business functions (such as operations, marketing, human resource management, and accounting) through its role. For example, finance enables the purchase of equipment, the buying of raw materials, enables production to estimate demand, enables promotion, and it plays a key role in the growth of the company.
Course Code |
B859 |
Course Title |
Financial Strategy: Valuation, Governance, and Ethics |
Pre-requisite |
B831 |
Credit Hours |
8 |
Course Description |
This course, compulsory for direct entrants to the MBA program/Finance track, is concerned with the relationship between an employer and one of its key stakeholder groups; the providers of funds. This relationship is vital to the strategic decision making process of any employer. The overall aim of this course is to give the participants the skills to tackle: 1) how can the financial management of an organization best reflect its internal reporting and governance regime, 2) understand the different sources of finance in the capital structure, 3) evaluate projects with different levels of risk and returns, 4) how can we value an organization, 5) the module also provides learners with the knowledge to explore ethical issues encountered in finance profession. Therefore, Finance is one of the most important functional areas of business. It relates to other business functions (such as operations, marketing, human resource management, and accounting) through its role. For example, finance enables the purchase of equipment, the buying of raw materials, enables production to estimate demand, enables promotion, and it plays a key role in the growth of the company.
|
Course Objectives |
This module enables students to: - Gain knowledge and understanding of the fundamentals of financial analysis and corporate finance theory
- Critically assess alternative methods for valuing companies, prepare and evaluate financial projections of projects and carry out sensitivity analysis
- Analyse and interpret financial statements and carry out valuation of companies
- Understand the implications of corporate governance, agency theory and the related role of stakeholders.
- Understand quantitative finance and its practical applications to project appraisal, company valuation, methods and risk management
- Understand the core features of Islamic finance
- Appreciate ethical issues encountered in the finance profession. Thus, learners demonstrate how managers might ensure that ethical issues are considered in business decision making.
|
Course Outcomes |
A. Knowledge and understanding A1 : Understand the scope of financial knowledge and its application within a wide range of national and multinational organisations A2 Gain knowledge and understanding of the fundamentals of corporate finance theory A3 Understand the implications of corporate governance, agency theory and the related role of stakeholders. Understand the core features of Islamic finance A4 Understand organisational performance in terms of return on investment, investment risk and capital structure management. A5 Understand quantitative finance and its practical applications to project appraisal, company valuation methods and risk management
B. Cognitive skills B1: Carry out research in finance area drawing on the published empirical finance research B2: Be able to forecast key accounts appropriately. B3: Evaluate implications of capital structures for company valuation B4: Demonstrate how to evaluate results and take decisions. C. Practical and professional skills
C1: Be able to monitor the efficiency of a company over time. C2 : Show how corporate performance is measured C3: Appreciate how organizations implement their capital appraisal procedures; appreciate the governance and ethical issues encountered in the finance profession. C4: Be familiar with the main methods of company valuation. C5: Take decisions efficiently by using appropriate quantitative and qualitative techniques. C6: Make use of the organization's resources in highly efficient and effective way
D Key transferable skills D1: Demonstrate effective research skills and carry out financial calculations for use in corporate finance decisions, including the use of computer spreadsheets. D2: Draw lessons from investigations and analyses of financial statements. D3: work independently, reflecting on own actions and thoughts, and make effective use of constructive feedback. D4: Acquire the skills for use of information technology. D5: Demonstrate effective oral and writing skills.
|
B863 The Human Resource Professional
(8) Credit Hours
B863 is a postgraduate course and is one of a series of optional courses offered to all students who progress to Stage II of the AOU MBA program/ mandatory for those who are to specialize This module will consider the role and contribution of the HR professional and the skills needed to be effective in this role.
Students will consider the implications of recent research findings in the field of human resource management for their own practice, for example in increasing levels of engagement and improving performance, in acting ethically and in managing change.
They will compare this with the practice of HR professionals in other contexts, drawing on case studies and the experience of their fellow students working in different geographical areas and sectors; and they will also look at the development over time of thinking about the role of HR professionals in order to understand how this may influence current thinking. The emphasis throughout will be on considering what HRM practices are associated with positive organizational outcomes.
Students will develop and practice the skills they will need to be effective as an HR professional, including as a leader and a senior manager. These include self-management, leading and working in teams, making decisions, managing and communicating information, including financial information, consultancy skills and helping others to learn. They will also develop postgraduate study skills and digital literacy skills.
Perhaps most importantly this module will develop students’’ skills as a reflective practitioner, committed to continuously learning from reflection on their practice and on the critical application of new theories and ideas to inform this practice. Collaboration skills of the students with all functional areas of an organization (accounting, human resources, operations, production, marketing, information technology, etc.) will be improved.
Course Code |
B863 |
Course Title |
The Human Resource Professional |
Pre-requisite |
B835 |
Credit Hours |
8 |
Course Description |
B863 is a postgraduate course and is one of a series of optional courses offered to all students who progress to Stage II of the AOU MBA program/ mandatory for those who are to specialize This module will consider the role and contribution of the HR professional and the skills needed to be effective in this role.
Students will consider the implications of recent research findings in the field of human resource management for their own practice, for example in increasing levels of engagement and improving performance, in acting ethically and in managing change.
They will compare this with the practice of HR professionals in other contexts, drawing on case studies and the experience of their fellow students working in different geographical areas and sectors; and they will also look at the development over time of thinking about the role of HR professionals in order to understand how this may influence current thinking. The emphasis throughout will be on considering what HRM practices are associated with positive organizational outcomes.
Students will develop and practice the skills they will need to be effective as an HR professional, including as a leader and a senior manager. These include self-management, leading and working in teams, making decisions, managing and communicating information, including financial information, consultancy skills and helping others to learn. They will also develop postgraduate study skills and digital literacy skills.
Perhaps most importantly this module will develop students’’ skills as a reflective practitioner, committed to continuously learning from reflection on their practice and on the critical application of new theories and ideas to inform this practice. Collaboration skills of the students with all functional areas of an organization (accounting, human resources, operations, production, marketing, information technology, etc.) will be improved.
|
Course Objectives |
The
primary aims of this course are: - To understand the role of the HR professional,
the nature of professionalism and approaches to addressing ethical dilemmas
- To review recent research and to assess its
relevance for practice in a range of contexts
- To assess the relevance of theory for practice
and apply it where appropriate to improve practice
- To review theoretical approaches to leadership
and team-working and to develop the skills needed to be effective as a leader
and as a team member
- To critically assess the range of concepts and
issues that are associated with managing performance in the workplace, and
the interrelationships between these factors
- To develop the skills and understanding needed
to address change management issues and to work at a strategic level in
the organization
To develop skills essential for HR work such as:
leading and working in teams, making decisions, managing financial information,
communicating effectively and helping others to learn
|
Course Outcomes |
A. Knowledge and understanding A1. Gain an understanding the theoretical and practical aspects of human resource management to formulate strategies that will enable organizations to achieve both operational and strategic goals related to the organization's human capital. A2. Define, explain, illustrate and reason with the key role of the HR professional and approaches to addressing ethical dilemmas. A3. Identify the linkages between HRM functions and operations and performances in the workplace and leadership
B. Cognitive skills B1. Skills to manage communication initiatives to create and implement human resources initiatives and programs that achieve organizational goals B2. Critical thinking and problem-solving skills by assessing and interpreting source materials, evaluating arguments, examining and applying both case-based and real-world business, as consulting teams in the development of business and human resource management solutions
B3. Collaboration skills with all functional areas
of an organization (accounting, human resources, operations, production,
marketing, information technology, etc.) C. Practical and professional skills C1. Appraise and apply techniques in talent management that human resource professionals may use to facilitate effective position planning, talent selection, placement, compensation and rewards, as well as retention. C2. Reflect and comment in a way that demonstrates awareness of the different contexts that impact on the operation of HRM C3. Practice behaviour and performance that demonstrates enhanced competence in HR Skills, leadership, oral and written communication, critical thinking, problem-solving. C4. Recognise the significance of ethical issues in HR practices and the management of people in the workplace.
D Key transferable skills D1.
Gain skills necessary to work effectively in teams,
assuming roles of leader and follower D2. Learn through
reflection on practice and experience. D3. Demonstrate people management skills
essential for HR work such as: selection interviewing; appraisal interviewing;
disciplinary interviewing; delivering training; making presentations; project
management; managing performance D4.
Gain proficiency in communication skills,
independent action and team working. D5. Manage and
communicate information using IT applications and software packages in
accordance with the requirements of the Digital Information Literacy Levels
Framework.
|
BB831 Corporate finance
(4) Credit Hours
The aim of this module is to equip students with the necessary theoretical, applied and critical skills to be prepared to take financial management responsibilities within an organisation. Further, the course will enable students to understand problems which face organizations at different levels.
Thus, finance plays key role with other business functions such as marketing, operations, human resource management, and accounting. Finance enables managers to forecast demand, prepare budget for promotion, attract and keep key employees by offering attractive packages, and overall, finance will provide a means to analyze strengths and weaknesses in all business functions.
Course Code |
BB831 |
Course Title |
Corporate finance |
Pre-requisite |
B716B |
Credit Hours |
4 |
Course Description |
The aim of this module is to equip students with the necessary theoretical, applied and critical skills to be prepared to take financial management responsibilities within an organisation. Further, the course will enable students to understand problems which face organizations at different levels.
Thus, finance plays key role with other business functions such as marketing, operations, human resource management, and accounting. Finance enables managers to forecast demand, prepare budget for promotion, attract and keep key employees by offering attractive packages, and overall, finance will provide a means to analyze strengths and weaknesses in all business functions.
|
Course Objectives |
The aim of this course is to introduce students to finance problems
which face organisations at different levels and to enable them to feel at ease
working with finance and accounting experts as and when necessary. By the
end of this course, students will have a grasp of the fundamentals of financial
analysis and corporate financial theory and will know how to tackle the main
financial problems they are likely to encounter in the work environment.
The financial issues discussed will be those relevant in the private and public
sectors and will also be relevant in a global context.
|
Course Outcomes |
A. Knowledge and understanding A1 : Knowledge and understanding of the fundamentals of financial analysis and corporate finance theory. Specifically: Corporate governance, agency theory and the related role of stakeholders A2: Organisational performance in terms of return on investment, investment risk and capital structure management A3: Corporate finance theories underpinning the cost of capital, dividend policy and efficient markets A4: The techniques and practical application of project appraisal and company valuation methods B. Cognitive skills
B1: Critically assess alternative methods for valuing companies B2 Apply corporate finance techniques for example, the cost of capital calculation in a business profit and not for profit context B3 Select and analyse information for financial business decision-making B4 Evaluate capital structures that may be applied by companies and the implications of these structures B5 Prepare and evaluate finance appraisals of
projects and understand how to assess the performance of an organisation
C. Practical and professional skills C1: The preparation of capital investment proposals C2: The ability to complete reports on the valuation of companies and other organisations C3: The selection and justification of corporate finance techniques to support business decisions D Key transferable skills
D1: The completion of financial calculations for use in corporate finance decisions (for example, investment analysis), including the use of computer spreadsheets. D2: Sourcing key financial data to support calculations and analysis. D3: Solving complex business finance problems using appropriate corporate finance techniques. D4: Acquire the skills for use of information technology. D5: Demonstrate effective oral and writing skills.
|
BB835 The Dynamics of Strategy
(8) Credit Hours
The module will support the role of both the general manager and of the senior manager by being more directly involved in strategic choices, decision-making and implementation.
The Dynamics of Strategy (BB835) will remain a core compulsory module in the MBA.
For managers, strategy involves a great many activities, and understanding those that make a difference to the success of an organisation is a key skill. Generally, managers should pursue a chosen strategy with consistency and commitment. They need to understand the challenge posed by their organisation’s environment, and to see how they can best identify and exploit their organisation’s potential sources of advantage. In turn, this means that they need to understand their organisation: its resources and capabilities and the way it competes for scarce resources and customers for its products or services. Managers must be able to act on incomplete information and uncertain predictions of an unknown future, and they must be able to seek out sources of innovation in the way their business operates and competes. Managers must also be able to implement effective change and to align collective objectives in their organisation to allow the development of new capabilities and skills. BB835 also asks students to apply that knowledge to real-life examples and case study situations, and to reflect on and challenge their understanding of strategy.
BB835 views strategy as an iterative process involving cycles of continuous review and evaluation. It argues that all forms of strategic thinking and decision making (from analysis all the way through to implementation and management practice) are influenced by a combination of internal and external factors, and take place in dynamic contexts, and facing an uncertain future. The implicit assumption is that a manager of a given organisation, or a student of strategy, will be able to carry out three continuous and interrelated parts of a cyclical process: first, to objectively assess the organisation or firm and its environment (analysing); second, to formulate and select a pattern of activities that maximises the chances for success (choosing); and third, to implement the selected activities within the constraints of dynamic internal and external contexts (implementing). In addition BB835 places greater emphasis on understanding and building effective implementation of strategies and the processes and practice of managing organisations.
BB835 goes beyond merely presenting frameworks for strategy analysis and planning. What is important is the way these techniques are used, the rigour and realism of the thinking behind them, the innovation and insight brought to the process, and the quality of the resulting arguments and conclusions. The prime purpose of this module is, therefore, to improve the quality of managers’ strategic thinking. 'Strategic thinking’ involves approaching a problem both logically (using the frameworks of strategic management) and also creatively (using the imagination, expertise, industry knowledge, and professional judgement of the individual) to arrive at relevant solutions for the individual manager and for the organisation as a whole.'
Course Code |
BB835 |
Course Title |
The Dynamics of Strategy |
Pre-requisite |
B716B |
Credit Hours |
8 |
Course Description |
The module will support the role of both the general manager and of the senior manager by being more directly involved in strategic choices, decision-making and implementation.
The Dynamics of Strategy (BB835) will remain a core compulsory module in the MBA.
For managers, strategy involves a great many activities, and understanding those that make a difference to the success of an organisation is a key skill. Generally, managers should pursue a chosen strategy with consistency and commitment. They need to understand the challenge posed by their organisation’s environment, and to see how they can best identify and exploit their organisation’s potential sources of advantage. In turn, this means that they need to understand their organisation: its resources and capabilities and the way it competes for scarce resources and customers for its products or services. Managers must be able to act on incomplete information and uncertain predictions of an unknown future, and they must be able to seek out sources of innovation in the way their business operates and competes. Managers must also be able to implement effective change and to align collective objectives in their organisation to allow the development of new capabilities and skills. BB835 also asks students to apply that knowledge to real-life examples and case study situations, and to reflect on and challenge their understanding of strategy.
BB835 views strategy as an iterative process involving cycles of continuous review and evaluation. It argues that all forms of strategic thinking and decision making (from analysis all the way through to implementation and management practice) are influenced by a combination of internal and external factors, and take place in dynamic contexts, and facing an uncertain future. The implicit assumption is that a manager of a given organisation, or a student of strategy, will be able to carry out three continuous and interrelated parts of a cyclical process: first, to objectively assess the organisation or firm and its environment (analysing); second, to formulate and select a pattern of activities that maximises the chances for success (choosing); and third, to implement the selected activities within the constraints of dynamic internal and external contexts (implementing). In addition BB835 places greater emphasis on understanding and building effective implementation of strategies and the processes and practice of managing organisations.
BB835 goes beyond merely presenting frameworks for strategy analysis and planning. What is important is the way these techniques are used, the rigour and realism of the thinking behind them, the innovation and insight brought to the process, and the quality of the resulting arguments and conclusions. The prime purpose of this module is, therefore, to improve the quality of managers’ strategic thinking. 'Strategic thinking’ involves approaching a problem both logically (using the frameworks of strategic management) and also creatively (using the imagination, expertise, industry knowledge, and professional judgement of the individual) to arrive at relevant solutions for the individual manager and for the organisation as a whole.'
|
Course Objectives |
The
primary aims of this course are: - To develop students’
understanding of how to manage the process of strategic decision-making
and strategy implementation in business organizations.
- To help students
understand and analyze the structure of the external environment within
which business organizations operate.
- To help students
understand the importance of stakeholders and other key players in the
external environment, such as suppliers, customers, competitors and
collaborators.
- To enable students to
understand the importance of developing potential sources of strategic
advantage over competitors.
- To enable student to
identify and evaluate a business organization’s resources and
capabilities, including financial resources, human resources, physical
resources and intangible resources.
- To enhance students’
understanding of how strategies are affected by organizational politics
and organizational culture and reasons behind strategy failure.
- To promote students’
skills of strategic thinking by supplementing their practical experience
with appropriate theories and concepts.
- To provide students with
frameworks for analyzing the situations and problems that face business
organizations as they grow and change over time.
- To
provide students with frameworks for developing international and cross-cultural
strategies.
To
provide understanding and building effective implementation of strategies and
the processes and practice of managing organisations.
|
Course Outcomes |
A. Knowledge and understanding At the end of the course, students are expected to know and understand: A1. Strategic concepts and issues relating to the nature of strategy and its implementation A2. The different levels at which strategies are made and implemented in organisations. A3.The strategy process and of the interconnections between its various stages A4. How organisations respond to the impact of the macro environment on organisations and the challenges of environmental change A5. How organisations analyse their resources and capabilities in terms of meeting their evolving strategic objectives A6. How organisations choose between potential strategic options, especially through an awareness of their stakeholders, culture, structure and systems.
A7. How organisations overcome the challenges of implementing their strategies
A8.How
management practice affects organisations and both their choices of, and their
ability to implement, strategic decisions A9.How
organisations are affected by international and cross-border developments in
the evaluation and realisation of their strategies A10.
Decision making processes, including the consideration of rationality in
decision making, and the risks and ethical considerations involved in
organisational decision making
B. Cognitive skills B1. Develop
skills in the processes of thinking strategically through applied work on case
material, including effective problem solving and decision making. B2. Think
critically and creatively, initiate and manage creative processes in themselves
and others, and demonstrate analysis, synthesis and critical appraisal. This
includes the capability to identify relevant factors in a situation, identify
assumptions in themselves and others, evaluate statements in terms of evidence,
detect false logic or reasoning, identify implicit values, define terms
adequately and generalise appropriately. B3. Build
capabilities in the critical appraisal of a range of materials drawn from a
variety of sources and creation of salient arguments and perspectives.
B4. Diagnose problem situations and propose appropriate
ways forward, using appropriate information and decision criteria; implement
and evaluate actions
C. Practical and professional skills C1. Contribute to the development and implementation of strategic management within their organisation.
C2. Show leadership in a professional context, selecting appropriate style for the situation and contributing relevant expertise, liaising with professional colleagues, and managing a supporting team. C3. Effective communication of information, concepts, arguments and ideas using language and styles appropriate for a business context and audience. C4. Conduct internal research on strategic issues at work, and communicate results effectively to colleagues. C5. Problem-solving and decision-making using appropriate quantitative and qualitative skills including data analysis, interpretation and extrapolation
D Key transferable skills D1. Effective communication of information, arguments and ideas using language and styles appropriate for a business context and audience. D2. In terms of information and knowledge, scan, store and organise data, abstracting meaning from information, and sharing and developing knowledge through group work on problems. D3. Problem-solving and decision-making using appropriate quantitative and qualitative skills including data analysis, interpretation and extrapolation. D4. Communicate effectively: listen, negotiate, persuade and influence, orally, in writing and electronically. D5. Develop personal effectiveness continuously, improving self-awareness and self-management, becoming more aware of diversity in people and situations, and reflecting on practice to develop work skills on an ongoing basis.
D6. Perform effectively as a team member and leader, encouraging and utilising others' contributions, and build teams through appropriate selection, development and management; this includes effective performance in a virtual team environment.
|
BB841 Managing Financial Risk
(4) Credit Hours
The aim of this course is to equip students with the awareness and tools to manage risk effectively. It designed for those who want to have high level competence in understanding financial and non-financial risks, and the methodology of risk management.
Course Code |
BB841 |
Course Title |
Managing Financial Risk |
Pre-requisite |
BB831 |
Credit Hours |
4 |
Course Description |
The aim of this course is to equip students with the awareness and tools to manage risk effectively. It designed for those who want to have high level competence in understanding financial and non-financial risks, and the methodology of risk management. |
Course Objectives |
The module is designed
for those who want their MBA to have a major finance element within it and who
want to have high level competence in understanding financial and non-financial
risks, and the methodology of risk management.
As such, BB841 will not only provide an end in itself in terms of meeting
student demand for such rigorous financial and non-financial knowledge but will
also provide a high level tool kit for those employing detailed financial and
organizational analysis. Furthermore, BB841 will provide students with the key
skills in terms of identifying the relationship between risk and human
behaviour and understand the behavioural finance at the individual and group
levels.
|
Course Outcomes |
A. Knowledge and understanding A1 : Risk management and financial crisis A2: A helicopter overview of risk
A3: Operational risk A4: Behavioural finance and risk
management
B. Cognitive skills B1 Critically understand and evaluate how companies and organizations manage risk B2 Defining risk and the risk management process B3: Identify the implications of operational risk and how can be managed B4: Identify the relationship between risk and human behaviour and understand the behavioural finance at the individual and group levels
C. Practical and professional skills C1: Awareness and understanding of types of risk and how much
risk is an organization is exposed to C2 Ability
to identify risk exposure, measure it and form a risk mitigation strategy C3 Ability
to identify non-financial risk and ability of organizations to manage those
core risks. C4 Understanding the aspects of
behaviour by decision makers D Key transferable skills D1: Ability to define risk D2: Ability to assess the types and degrees of
risk to which the business is exposed D3: Ability to measure risks using mathematical
and other techniques D4: Ability
to apply risk management techniques and use mathematical skills to determine
their effectiveness
|
BB844 MARKETING IN THE 21ST CENTURY
(4) Credit Hours
BB844 - Marketing in the 21st Century is a postgraduate course and is one of the elective courses offered to students who progress to Stage II of the AOU - MBA program. This module is designed to appeal to both marketing professionals and those managers in other professions who are working on their organization’s marketing strategic implementation.
BB884 module develops a broader understanding of how marketing impacts upon the manager and how, when successfully used, can lead to increased job and organisational performance.
The approach encourages you to view your learning in incremental stages, recognizing how marketing can better inform you and ultimately allows you to resolve a real life work problem. BB884 also demands the students to apply that knowledge to real-life examples and case study situations, and to reflect on and challenge their understanding of marketing strategy.
This course also has a fit with such integrative courses as Dynamics of Strategy, Finance and Human Resource.
Course Code |
BB844 |
Course Title |
MARKETING IN THE 21ST CENTURY |
Pre-requisite |
B716A |
Credit Hours |
4 |
Course Description |
BB844 - Marketing in the 21st Century is a postgraduate course and is one of the elective courses offered to students who progress to Stage II of the AOU - MBA program. This module is designed to appeal to both marketing professionals and those managers in other professions who are working on their organization’s marketing strategic implementation.
BB884 module develops a broader understanding of how marketing impacts upon the manager and how, when successfully used, can lead to increased job and organisational performance.
The approach encourages you to view your learning in incremental stages, recognizing how marketing can better inform you and ultimately allows you to resolve a real life work problem. BB884 also demands the students to apply that knowledge to real-life examples and case study situations, and to reflect on and challenge their understanding of marketing strategy.
This course also has a fit with such integrative courses as Dynamics of Strategy, Finance and Human Resource.
|
Course Objectives |
The
aim of this module is encourages you to appreciate and understand how marketing
forms a central aspect of an organisation’s performance within the market
place. You will study a combination of theory and see how this is applied by
organisations. However, as marketing raises a number of ethical issues, these
issues are raised with the specific intention of encouraging you to assess what
you would have done in that situation. This aims to ensure you have a
motivating and challenging learning experience that delivers real and practical
outcomes to improve your own job performance.
|
Course Outcomes |
A. Knowledge and understanding A1 : Describe key marketing concepts, theories and techniques for analysing a variety of marketing situations. A2 : Identify and demonstrate the dynamic nature of the environment in which marketing decisions are taken and appreciate the implications for marketing strategy determination and implementation A3 : Understand the function of marketing in a competitive, dynamic global business A4: The uses of marketing research techniques both qualitative and quantitative and understand the application of research methodology
B. Cognitive skills
B1: Think critically and creatively: manage creative processes in yourself and others; organise thought, analysis, synthesis and critical appraisal; including identifying assumptions, evaluate statements in terms of evidence, detect false logic or reasoning, identify implicit values, define terms adequately and generalise appropriately. B2: Solve problems and make decisions: establish criteria, using appropriate decision techniques including identifying, formulating and solving business problems; create, identify and evaluate options; implement and review decisions. B3: Demonstrate the ability to justify marketing strategies and advocate a strategically informed position when considering marketing plan implementation. B4: Analyse marketing problems and provide solutions based on a critical examination of marketing information.
C. Practical and professional skills C1: Knowledge of social, legal, ethical and technological forces on marketing decision-making C2: Ability to develop marketing strategies based on product,price, place and promotion objectives. C3: Ability to create an integrated marketing communications plan which includes promotional strategies and measures of effectiveness. C4: Ability to collect, process, and analyse consumer data to make informed marketing decisions
D Key transferable skills D1 : Demonstrate effective writing and oral communications skills. D2: Draw lessons from investigations and analyses of problems associated with marketing development and implementation and opportunities for improvement. D3: Work independently, reflecting on own actions and thoughts, and making effective use of constructive feedback. D4: Acquire the skills for use of information technology
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BB845 Strategic Human Resource Management
(4) Credit Hours
BB845 is a postgraduate course and is one of a series of optional courses offered to all students who progress to Stage II of the AOU MBA program.
This course explores the different aspects of human resource management and helps you understand and influence decisions regarding the management of human resources within organisations.
This course is designed to meet the needs of managers who wish to understand and be able to influence decisions regarding the management of human resources within organisations. BB845 considers the different aspects of human resource management at a strategic level in the organisation and how this differs from the more operationally-focused personnel management. Students will work collaboratively with others on strategic human resource management (SHRM) issues and problems and find, review and evaluate information relevant to key aspects of SHRM in your own professional context.
The nature and function of the human resource management (HRM) department and how it is implemented all depend on the culture and structure of the organisation and the priority given to ‘people’ issues. In this module the different factors, local and international that can influence SHRM decisions are considered.
The Students will explore the premise that the astute management of people can improve competitive performance. BB845 is designed – through media such as learning activities, online collaboration and readings - to encourage you to engage critically with both theory and practice. Our aim is to promote reflection and, through practice-based and online learning, enable you to both understand and influence SHRM.
Course Code |
BB845 |
Course Title |
Strategic Human Resource Management |
Pre-requisite |
B716B |
Credit Hours |
4 |
Course Description |
BB845 is a postgraduate course and is one of a series of optional courses offered to all students who progress to Stage II of the AOU MBA program.
This course explores the different aspects of human resource management and helps you understand and influence decisions regarding the management of human resources within organisations.
This course is designed to meet the needs of managers who wish to understand and be able to influence decisions regarding the management of human resources within organisations. BB845 considers the different aspects of human resource management at a strategic level in the organisation and how this differs from the more operationally-focused personnel management. Students will work collaboratively with others on strategic human resource management (SHRM) issues and problems and find, review and evaluate information relevant to key aspects of SHRM in your own professional context.
The nature and function of the human resource management (HRM) department and how it is implemented all depend on the culture and structure of the organisation and the priority given to ‘people’ issues. In this module the different factors, local and international that can influence SHRM decisions are considered.
The Students will explore the premise that the astute management of people can improve competitive performance. BB845 is designed – through media such as learning activities, online collaboration and readings - to encourage you to engage critically with both theory and practice. Our aim is to promote reflection and, through practice-based and online learning, enable you to both understand and influence SHRM.
|
Course Objectives |
The primary aims of this course are:
- Articulate and evaluate the ideas, principles and issues that are central to SHRM
- Draw appropriately on theories, models and case studies in the area of SHRM and compare and contrast their use in organizational practice
- Critically appraise examples and 'solutions' for the management of people
- Think creatively about the different dimensions of SHRM and how they impact upon each other and upon the business
- Appreciate the internal and external factors which can affect people management strategies
- Anticipate some of the changes in work and organizations that will impact upon the HRM function into the future
- Work collaboratively with others and engage in debates and discussions about SHRM
- Find, review and evaluate a variety of information relevant to topics in SHRM
- Compile reports that are robust in both intellect and practice-relevant terms
Make appropriate use of ICT.
|
Course Outcomes |
A. Knowledge and understanding A1. Gain an understanding of key terms, theories/concepts and practices within the field of strategic human resource management. A2. Evaluate the impact of human resource management strategies, concepts and values upon the organisation's success
A3. Developing strategic thinking about HRM policies and issues
A4. Be able to identify and appreciate the significance of ethical issues in HR practices and the management of people in the workplace.
A5. Assess the global human resources environment in which the organization operates.
B. Cognitive skills B1. Demonstrate critical thinking skills in analysing theoretical and applied perspectives of strategic HRM B2. Analyse problems and develop managerial solutions to employment relations problems at both national and workplace level.
B3. Obtain the practical skills required by managers actively engaged in the strategic management of people within organisations.
C. Practical and professional skills
C1. To be able to develop personal effectiveness: improve self-awareness and self-management; time management; develop sensitivity to diversity in people and different situations; and the ability to continue learning. C2. To be able to reflect and comment in a way that demonstrates awareness of the different contexts that impact on the operation of HRM. C3. To learn through reflection on practice a range of human resource management activities and experience.
C4. Exhibit behaviour and performance that demonstrates enhanced competence in decision-making, group leadership, oral and written communication, critical thinking, problem-solving, planning and team work.
C5. Apply theories and concepts
relevant to strategic human resource management in contemporary organisations
D Key transferable skills D1.
In
terms of information and knowledge, scan and organize data, abstracting meaning
from information and sharing knowledge. D2. To be able to use effectively Information and
Communication Technology (ICT), including word-processing and spread sheet
software, messaging and conferencing, and the internet. D3.
To be able to communicate effectively: listen, negotiate and persuade or
influence others; develop oral and written communication skills using a range
of media, including the preparation of business reports. And working
collaboratively with others and in accessing and managing information, in
accordance with the Digital Information Literacy Levels Framework.
|
BS330 Managerial Economics
(4) Credit Hours
Business entities operate in economic turbulent environments. Under these constraints, decisions taken by managers of business units can vary and differ depending on the manager’s and the company’s pursuit of goals and objectives. Proper economic analysis and use of appropriate techniques and tools are therefore mandatory for managers and decision makers. BS330 module is a compulsory course for Level 3 business students. This module highlights the role of economics in business decision-making and how economics is relevant in other areas of management such as marketing and operations management. The module can be used to understand economic aspects of business problems and business environment using theories, tools, techniques and relevant case studies and examples. Basic skills of quantitative proficiency are required in order to understand pricing decisions techniques, variation of supply and demand, risk analysis, investment and the growth of the firm. This module provides students with a solid base of managerial economics study and practice
Course Code |
BS330 |
Course Title |
Managerial Economics |
Pre-requisite |
TBA |
Credit Hours |
4 |
Course Description |
Business entities operate in economic turbulent environments. Under these constraints, decisions taken by managers of business units can vary and differ depending on the manager’s and the company’s pursuit of goals and objectives. Proper economic analysis and use of appropriate techniques and tools are therefore mandatory for managers and decision makers. BS330 module is a compulsory course for Level 3 business students. This module highlights the role of economics in business decision-making and how economics is relevant in other areas of management such as marketing and operations management. The module can be used to understand economic aspects of business problems and business environment using theories, tools, techniques and relevant case studies and examples. Basic skills of quantitative proficiency are required in order to understand pricing decisions techniques, variation of supply and demand, risk analysis, investment and the growth of the firm. This module provides students with a solid base of managerial economics study and practice |
Course Objectives |
BS330 academic aim is to introduce students to number of fundamental concepts and theories of economics in order to understand and explain the behavior decision and decision-making of business firms and aspects of the market economy. It also develops the students' knowledge of economics as well as skills in problem-solving, decision making, and written and oral communication. BS330 also prepares students for advanced economics concepts and making sense of the world as an observer of economic and business events taught in MBA programs. After studying the course, the students should be able to:
- Understand and apply a toolbox of fundamental concepts and theories of economics to guide managerial decision-making by individuals and business units.
- Explain the nature and role of models and theories in economic analysis.
- Explain the concepts of supply/demand/market equilibrium and their determinants.
- Identify the main characteristics of different market types (perfect competition, monopoly and oligopoly) and predict price and output outcomes.
Apply economic models to for production and cost estimation. 6. Identify and explain the challenges and opportunities for today's managers.
|
Course Outcomes |
A. Knowledge
and understanding A1: Understand the economic environment that affect business
strategies, business behaviour and managerial decisions in order to realize
firms’ goals and objectives. A2: Identify the determinants and variation of supply and demand
and their impact in the context of local economy. A3: Understand the importance of production functions in
managerial decisions. A4: Understand the importance of cost in managerial decisions B. Cognitive skills B1: Identify economic factors determining the firms’ decisions. B2: Evaluate and interpret economic ideas, views and evidence. B3: Analyse demand estimation and forecasting B4: Identify the
relation between production and cost B5: Identify and explain issues related to pricing and output
decisions C. Practical and professional skills C1: apply the economic way of thinking in order to identify
microeconomic problems (market resources allocation, prices rise and fall,
budgets allocation, production decisions...) C2: Implement managerial decisions in high-risks environment and
turbulent economies C3: Apply key concepts and theories of economics to managerial
decision making C4: Implement appropriate pricing strategies and output decisions
in different market types C5: Use tools and techniques of economics to improve managerial
decision making D. Key transferable skills. D1: Develop a broad and inclusive understanding of how the
economic environment affects business strategies and decision making in
domestic and global economy. D2: Develop effective communication, both in speaking and writing
to convey solid arguments while adapting the language approach to the relevant
business situation and audience. D3: Identify some of the key strengths and needs of their own
learning and recognize opportunities to address these. D4: Effectively use
information and communication technologies when analysing economic situations
and using appropriate tools for managers’ decision-making.
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BUS101 Introduction to Math for Business
(4) Credit Hours
The world is a small place these days with business becoming more and more of a global endeavour. This course, Introduction to Math for Business aim to equip students with technical skills and business knowledge needed for further advanced courses in finance. Students need to have effective financial skills for both their personal and professional lives.
Course Code |
BUS101 |
Course Title |
Introduction to Math for Business |
Pre-requisite |
EL099 |
Credit Hours |
4 |
Course Description |
The world is a small place these days with business becoming more and more of a global endeavour. This course, Introduction to Math for Business aim to equip students with technical skills and business knowledge needed for further advanced courses in finance. Students need to have effective financial skills for both their personal and professional lives. |
Course Objectives |
The overall aims of
this course are to introduce entry knowledge of finance and to provide the
computational skills needed for evaluating financial decisions. Thus providing
learners a footstep into the world of Business Mathematics. This introductory
module introduces learners to the mathematical concepts, vocabulary, and
terminology employed nowadays in the business world in Finance, Banking, and
Accounting to name a few. More specifically, the
students will gain practical experience into aspects such as percentages,
discounts, markups and markdowns, payroll, interest calculations, installment
buying, and annuities. |
Course Outcomes |
A. Knowledge
and understanding A1: Knowledge
and understanding of the depth of relation between math and business
(particularly finance) A2: Knowledge
and understanding of a range of ideas concerning basic business mathematics and
its applications. A3: Knowledge
and understanding of relevant ideas, tools, and techniques that are widely used
in everyday business practice. B. Cognitive skills B1: the ability to develop skills in interpreting and explaining mathematics. B2: the ability to integrate mathematical ideas into everyday thinking. B3: the ability to develop mathematical modeling skills. B4: the ability to develop basic mathematical financial skills. B5: the ability to use techniques from the course to analyse and solve problems in a range of contexts. B6: the ability to recognize, interpret and criticize the use of mathematics in different contexts. B7: the ability to reason logically using mathematical ideas and principles of the course.
C. Practical and professional skills C1: practically deal with numbers and
manipulate them confidently. C2: easily use a calculator and its
functions.
C3: master the techniques of discounts,
mark-ups/markdowns, payroll, credit consumer, simple & compounded
interests, and annuities.
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BUS102 Introduction to Statistics
(4) Credit Hours
The course helps students understand the relationship between statistics and the world, bringing life to the theory and methods. It incorporates an unprecedented amount of real and interesting data that will help students to connect statistics to their daily lives.
BUS102 is considered an introductory course for BUS202 (data analysis). At the undergraduate level, both modules (BUS102 and BUS202) are considered as part of common modules for all tracks in Business Programme.
It is well-known that Statistics is a science that deals with collection, description, analysis, interpretation, and presentation of data. Statistics can be used to describe a particular data set, termed descriptive statistics (BUS102) as well as to draw conclusions about the population from a particular data set, termed inferential statistics (BUS102 and BUS202). The course applies statistical methods in a business context in order to address business related questions and help make evidence based decisions. The course will provide students with the knowledge they need to become stronger analysts and better decision makers.
Course Code |
BUS102 |
Course Title |
Introduction to Statistics |
Pre-requisite |
EL111 |
Credit Hours |
4 |
Course Description |
The course helps students understand the relationship between statistics and the world, bringing life to the theory and methods. It incorporates an unprecedented amount of real and interesting data that will help students to connect statistics to their daily lives.
BUS102 is considered an introductory course for BUS202 (data analysis). At the undergraduate level, both modules (BUS102 and BUS202) are considered as part of common modules for all tracks in Business Programme.
It is well-known that Statistics is a science that deals with collection, description, analysis, interpretation, and presentation of data. Statistics can be used to describe a particular data set, termed descriptive statistics (BUS102) as well as to draw conclusions about the population from a particular data set, termed inferential statistics (BUS102 and BUS202). The course applies statistical methods in a business context in order to address business related questions and help make evidence based decisions. The course will provide students with the knowledge they need to become stronger analysts and better decision makers.
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Course Objectives |
The course covers basic statistical concepts and introduces some advanced topics and tools that are very useful for decision-makers in different business disciplines. The topics include descriptive statistics, probability distributions, sampling, and estimations for small and large samples of data (statistical inference). An emphasis will be given to the understanding, applicability of statistical analysis and interpretation of output using MS Excel spreadsheets and/ or any available open source analytical tools. Attitudinal aims In addition to specific learning outcomes, the course aims to shape the attitudes of learners regarding the field of Statistics. Specifically, the course aims to 1. Motivate in students an intrinsic interest in statistical thinking. 2. Instil the belief that Statistics is important for scientific research. 3. Provide a foundation and motivation for exposure to statistical ideas subsequent to the course
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Course Outcomes |
A.
Knowledge and understanding A1:
knowledge of how to formulate data analysis problems in a statistical
framework. A2:
knowledge of how to assemble relevant information and construct appropriate
arguments. A3:
knowledge of how to exercise judgment in selection and application of a wide
range of statistical tools and techniques. B. Cognitive skills B1: the ability to approach statistical problems and tasks in a flexible way.
B2: the ability to choose appropriate models for situations involving uncertainty, and understand their key elements and properties.
B3: the ability to comment critically on choices of model and analyses resulting from them.
B4: the ability to evaluate statistical evidence and to interpret the results of a statistical analysis B5: the ability to create statistical models and draw justifiable inferences
C. Practical and professional skills C1: practically deal with numbers and
manipulate them confidently. C2: easily use a calculator and its
functions.
C3: master the techniques of discounts,
mark-ups/markdowns, payroll, credit consumer, simple & compounded
interests, and annuities
D. Key transferable skills D1: Work with others effectively, participate as a member of a team and thus contribute to group effort. D2: Work hard to satisfy others expectations. D3: Exercise Leadership and communicate ideas clearly to convince others and responsibly challenge his classmates having other ideas, opinions, or methods of solving. D4: Collaborate with classmates to solve a problem and teach others new skills. D5: Apply technologies to task (exercises, problems, situations) and work with a variety of technologies and solve problems using calculators, and computers.
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BUS109 Business Law – Country Specific
(4) Credit Hours
Rules of law govern many aspects of business. An understanding of legal rules and ethical constraints provides a framework for making sound business decisions, facilitates commercial transactions, and promotes order in the marketplace.
This module introduces the students to the fundamental concepts of commercial laws. It entails the survey of the country-specific judicial system, business ethics, contract laws, antitrust law and commercial agencies; contracts; property sales and secured transactions; insurance; commercial papers; agency; bailment; bankruptcy; banking operations, all in a comparative approach.
Course Code |
BUS109 |
Course Title |
Business Law – Country Specific |
Pre-requisite |
EL 111: Freshman English |
Credit Hours |
4 |
Course Description |
Rules of law govern many aspects of business. An understanding of legal rules and ethical constraints provides a framework for making sound business decisions, facilitates commercial transactions, and promotes order in the marketplace.
This module introduces the students to the fundamental concepts of commercial laws. It entails the survey of the country-specific judicial system, business ethics, contract laws, antitrust law and commercial agencies; contracts; property sales and secured transactions; insurance; commercial papers; agency; bailment; bankruptcy; banking operations, all in a comparative approach. |
Course Objectives |
The main objective of the module is to help business students understand the legal aspect of common business activities and the formation and functioning of commercial companies along with the related ethical principles. This engaging module teaches students about the workings of business law by examining real case studies and examples. The material explores core issues in both national and international business law in depth while remaining brief and concise.
Topics covered include: The basic elements of contract laws, negligence and product liability, property laws such as mortgages, landlord and tenant and personal property, Intellectual Property, Labour law, Environmental Law.
After studying the module students should be able to:
- Recognize legal and ethical issues when making business decisions.
- Gain an enhanced understanding of legal rules and ethical constraints.
- Improve analytical problem solving and ethical decision-making skills.
- Apply knowledge and skills to address and manage potential problems before they become actual, expensive problems.
- Evaluate expert advice and determine the extent to which it should be incorporated into business decisions.
- Total understanding of the The Law of Contracts and Sales.
Understanding and respect of the intellectual property rights and environmental laws.
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Course Outcomes |
A. Knowledge
and understanding A1: The Legal Environment
of Business. A2: Constitutional
Principles. A3: Ethics, Social
Responsibility, and the Business Manager. A4: The
International Legal Environment of Business. B. Cognitive skills B1: Recognize, compare and contrast different ways of analyzing
business case studies and other material about contemporary business law
practice. B2: Apply their knowledge in the analysis of practical business
law problems and issues. B3: Recognize, compare and contrast different interpretations of
and approaches to practical business law problems and issues. C. Practical and professional skills C1: Analyze work-related cases and situations to identify problems
with an exploration of ethics that takes business law education a step further
by teaching students how to practice justly C2: Identify and communicate potential solutions based on
knowledge of theory and applying it to their own work situation as Business Law
uses tangible examples that students will be able to reference in their future
careers to introduce students to this important topic. D. Key transferable skills. D1: Read and précis written text materials for key salient points.
D2: Communicate effectively in writing, showing recognition of
audience and purpose. D3: Select data, information and ideas from different sources and
present in an appropriate fashion to support an argument.
D4: Identify some of the
key strengths and needs of their own learning and identify opportunities to
address these. |
BUS110 Introduction to Business
(8) Credit Hours
“Introduction to Business” is an introductory course, which surveys the role of business in society. At its simplest level, business is the exchange of goods and services for mutual benefit or profit. Students will be exposed to a wide variety of topics including the terms, trends, organizational structure and opportunities inherent in this exchange, the course introduces the student to the contemporary business world, the business of managing, people in organizations, the principles of marketing, managing information, and financial issues.
Course Code |
BUS110 |
Course Title |
Introduction to Business |
Pre-requisite |
EL111 |
Credit Hours |
8 |
Course Description |
“Introduction to Business” is an introductory course, which surveys the role of business in society. At its simplest level, business is the exchange of goods and services for mutual benefit or profit. Students will be exposed to a wide variety of topics including the terms, trends, organizational structure and opportunities inherent in this exchange, the course introduces the student to the contemporary business world, the business of managing, people in organizations, the principles of marketing, managing information, and financial issues. |
Course Objectives |
The primary objective is to give the student an understanding of
basic business principles. Global business, entrepreneurship, management,
marketing, information technology, and financial management will be discussed.
Another purpose of this course is to build a foundation of knowledge on the
different theoretical approaches to management and decision making • develop
analytical skills to identify the links between the functional areas in
management, organisations, management practices and the business environment. Learning Objectives: Upon completion of the course students will
have a firm understanding of the following business topics:
The
relationship between business and society in a free market economy Common forms of business ownership Business ethics and social
responsibility International business and the global
economy Fundamentals of business management Business organization and structure Human resources, motivation and
productivity Marketing, accounting, finance,
operations management and other business specialties
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Course Outcomes |
A. Knowledge and understanding A1: Identify
business functions A2: Recognize
different business models and forms A3: Acquire
knowledge of business ethics and social responsibility
A4: Be aquatinted with the fundamentals of management. B. Cognitive skills B1: Differentiate between business structures
and business forms. B2: Examine different models and theories and
its effect in business life. B3: analysing and evaluating different
perspectives, identifying biases and hidden assumptions in different models and
forms of businesses.
C. Practical and professional skills C1: Analyse different business-related situations and forms.
C2: Deduce problems and solutions and its pathways
D Key transferable skills D1: Read financial and business related reports
D2: Communicate knowledge and understanding of business issues to different stakeholders.
D3: Analyse situations in an academic manner.
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BUS115 Small Business Management
(4) Credit Hours
BUS115 is an introductory four credit undergraduate course. It assumes no deep knowledge of business. Indeed, it provides students with an overview of business in an-increasingly global society. This is not a course of theory; it is more an application or "how-to" course. It is designed to increase awareness of the opportunities and challenges in today's business environment. The success of any business depends upon several factors: marketing, management and leadership, human resources, financing, logistics, planning, and knowledge of the business environment. An overview of business topics will be discussed including the entrepreneur's success factors, developing business plans, forms of business ownership, management and leadership styles, marketing and market research, technology and e-commerce, understanding financial statements and testing the feasibility and viability of a new venture.
Course Code |
BUS115 |
Course Title |
Small Business Management |
Pre-requisite |
BUS110 |
Credit Hours |
4 |
Course Description |
BUS115 is an introductory four credit undergraduate course. It assumes no deep knowledge of business. Indeed, it provides students with an overview of business in an-increasingly global society. This is not a course of theory; it is more an application or "how-to" course. It is designed to increase awareness of the opportunities and challenges in today's business environment. The success of any business depends upon several factors: marketing, management and leadership, human resources, financing, logistics, planning, and knowledge of the business environment. An overview of business topics will be discussed including the entrepreneur's success factors, developing business plans, forms of business ownership, management and leadership styles, marketing and market research, technology and e-commerce, understanding financial statements and testing the feasibility and viability of a new venture. |
Course Objectives |
The course develops the student's understanding of entrepreneurship and the needed competencies of the entrepreneur. The following topics will be emphasized: entrepreneur's success factors, developing business plans, understanding financial statements, completing market assessment, marketing and market research, and how to obtain financing for the new business venture. After studying the course, you should be able to: - To possess a well-grounded understanding of essential entrepreneurial business principals.
- To develop an understanding of important business issues as they relate to new ventures.
- To identify, appreciate, and assess the knowledge, attitudes, and skills of an entrepreneur.
- To study and observe entrepreneurial settings and entrepreneurial role models through exposure to actual business settings and experiences.
- To have an expanded awareness of the resources available for creating a business plan.
To establish a level of confidence in creating a business plan as a tool to assess, create and communicate a business concept.
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Course Outcomes |
A. Knowledge
and understanding A1: Entrepreneurship and the role of the entrepreneur in the
economic development of nations A2:
Entrepreneurial competencies A2:
Understanding and writing the business plan A3: Understanding financial statements and
completing sales forecasts and projections B. Cognitive
skills B1: Reflection and critical engagement into the differences
between franchising versus building your own business concept B2: Critical thinking, analysis, and synthesis B3: Valuation and comparison of small business management. C. Practical and professional skills C1: Time management, skills appropriate to business, such as
creativity, persuasion and attractiveness. C2: Study skills, learning to learn and reflecting on students’
own development as learners. C3: The ability to analyse work-related cases and situations to
identify challenges for organisations in developing responses in relation to
their environments. C4: The application of course ideas to students’ own interactions
with organisations and life experiences. D. Key transferable skills. D1: Decision making and problem solving making a viable approach
to students to engage with data analysis, interpretation and extrapolation. D2: Market assessment: consumers, competitors, etc…. D3: Identify some of the key strengths and needs of their own
learning and identify opportunities to address these.
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BUS202 Data Analysis
(4) Credit Hours
The module helps students understand the relationship between statistics and the world, bringing life to the theory and methods. It incorporates an unprecedented amount of real and interesting data that will help students to connect statistics to their daily lives. BUS202 Data Analysis is an extension of the module BUS102 Introduction to Statistics. At the undergraduate level, both modules (BUS102 and BUS202) are common modules for FBS, as a part of the faculty requirements.
It is well-known that Statistics is a science that deals with collection, description, analysis, interpretation, and presentation of data. Statistics can be used to describe a particular data set, termed descriptive statistics as well as to draw conclusions about the population from a particular data set, termed inferential statistics. This module applies statistical methods in a business context in order to address business related questions and help make evidence based decisions. The module would provide students with the knowledge they need to become stronger analysts and better decision makers.
Course Code |
BUS202 |
Course Title |
Data Analysis |
Pre-requisite |
BUS101 & BUS102 |
Credit Hours |
4 |
Course Description |
The module helps students understand the relationship between statistics and the world, bringing life to the theory and methods. It incorporates an unprecedented amount of real and interesting data that will help students to connect statistics to their daily lives. BUS202 Data Analysis is an extension of the module BUS102 Introduction to Statistics. At the undergraduate level, both modules (BUS102 and BUS202) are common modules for FBS, as a part of the faculty requirements.
It is well-known that Statistics is a science that deals with collection, description, analysis, interpretation, and presentation of data. Statistics can be used to describe a particular data set, termed descriptive statistics as well as to draw conclusions about the population from a particular data set, termed inferential statistics. This module applies statistical methods in a business context in order to address business related questions and help make evidence based decisions. The module would provide students with the knowledge they need to become stronger analysts and better decision makers.
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Course Objectives |
As mentioned before this module is an extension of BUS102. The module covers a higher level of statistical concepts and introduces advanced topics and tools that are very useful for decisionmakers in different business disciplines. The topics include hypothesis testing, regression analysis, analysis of categorical data and time series. An emphasis will be given to the understanding, applicability of statistical analysis and interpretation of output using MS Excel spreadsheets and/ or any available open source statistical software.
Attitudinal aims In addition to specific learning outcomes, the module aims to shape the attitudes of learners regarding the field of Statistics. Specifically, the module aims to - Motivate in students an intrinsic interest in statistical thinking.
- Instil the belief that Statistics is important for scientific research.
3. Provide a foundation and motivation for exposure to statistical ideas subsequent to the module.
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Course Outcomes |
A. Knowledge
and understanding A1: Knowledge of how to formulate data analysis problems in a
statistical framework. A2: Knowledge of how to assemble relevant information and
construct appropriate arguments. A3: Knowledge
of how to exercise judgment in selection and application of a wide range of
statistical tools and techniques. B. Cognitive
skills B1: the ability to approach statistical problems and tasks in a
flexible way. B2: the ability to choose appropriate models for situations
involving uncertainty, and understand their key elements and properties B3: the ability to comment critically on choices of model and
analyses resulting from them. B4: the ability to evaluate statistical evidence and to interpret
the results of a statistical analysis B5: the ability to create statistical models and draw justifiable
inferences C. Practical and professional skills C1: confidently use a variety of hypothesis testing techniques to
test for different types of parameters. C2: easily find/use different types of models including simple
regression, multiple regression, time series generated models (Moving Average
“MA”, Auto-Regressive “AR”) D. Key transferable skills. D1: work with others effectively and to participate as a member of
a team and thus contribute to group effort. D2: collaborate with classmates to solve a problem and teach
others new skills. D3: work hard to satisfy others expectations. D4: exercise Leadership and communicate ideas clearly to convince
others and responsibly challenge his classmates having other ideas, opinions,
or methods of solving. D5: communicate in writing relevant information accurately and
effectively, using a form, structure and style that suits the purpose. D6: apply technologies to task (exercises, problems, situations)
and use information technology with confidence to develop statistical insight,
acquire statistical knowledge, present data to model, and solve problems. |
BUS310 Strategic Management
(8) Credit Hours
Strategic Management: This module examines concepts and the different approaches to - and techniques of - strategic management including analysis of the external and internal environments, the nature of competitive advantage, development of the organization and how they make strategic choices as to where and how to position themselves in relation to their customers and competitors.
The module has been designed to encourage and develop greater critical analytical skills especially at level 3. Significant amount of ‘case study’ work have been embedded to develop the students’ analytical and problem solving skills.
Course Code |
BUS310 |
Course Title |
Strategic Management |
Pre-requisite |
B207B |
Credit Hours |
8 |
Course Description |
Strategic Management: This module examines concepts and the different approaches to - and techniques of - strategic management including analysis of the external and internal environments, the nature of competitive advantage, development of the organization and how they make strategic choices as to where and how to position themselves in relation to their customers and competitors.
The module has been designed to encourage and develop greater critical analytical skills especially at level 3. Significant amount of ‘case study’ work have been embedded to develop the students’ analytical and problem solving skills.
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Course Objectives |
The aims of this course are to:
Provide students with concepts and tangible strategic skills that can readily be put into practice in often changing business environments. -Present the 21st century competitive/business landscape from a strategic management perspective and to assess how global and technological influences shape it -Provide students with a critical overview of the main tools of contemporary strategic practice in organizations in a way which is relevant to their professional needs Achieving the intended learning outcomes (covering both knowledge and skills) fully supports this aim.
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Course Outcomes |
A. Knowledge and understanding A1. The structure and dynamics of business environments; how
businesses seek to track and analyse their environments; A2. Markets, market economies and how they function; how consumers,
firms and governments behave as economic agents; why and how markets fail and
how this failure is managed; A3. Business processes and how they operate; the nature, structure
and functioning of organisations; how and why organisations are changing; A4. Key business functions such as Marketing, Human Resources,
Information Management, Accounting & Finance, Operations – their nature and
contribution to organisational success, their historic origins and their
interactions; A5. How businesses develop strategies; the different forms and
theories of strategy; A6. How organisations make decisions and organise decision-making
processes; the various sources of decision-making irrationality; the nature,
role and implications of governmental, regional and supranational business
policy on businesses;
A7. How to apply key ideas in mathematics, including some statistics, and algebra. B. Cognitive skills
B1.
Read material questioningly, identifying and recording key ideas and concepts
in business studies; B2.
Synthesise material from a variety of sources, analysing and evaluating
different perspectives, identifying biases and hidden assumptions; B3.
Classify, recognise and organise material in distinct and relevant categories;
B4. Construct, defend and evaluate an argument, using relevant evidence,
giving reasons for conclusions.
C. Practical and professional skills
C1. Transfer
and use relevant key skills in the workplace context; C2.
Use the more specific knowledge, analytic skills and methods, rooted in the
different disciplines as a strong basis for work in many professions; Students will have become better informed, more
active and questioning members of an organisation by: C3.
The ability to engage critically with the underlying challenges and problems
facing a business;
C4. The ability to identify and evaluate conflicting arguments, including recognising
the significance of different value positions in these arguments.
D Key transferable skills D1. Interpersonal skills of effective listening, negotiating, persuasion and presentation;
D2. Ability to conduct research into business and management issues, either individually or as part of a team for projects/dissertations/presentations. This requires familiarity with and an evaluative approach to a range of business data, sources of information and appropriate methodologies, and for such to inform the overall learning process; including the development of personal and team attributes and capabilities for entrepreneurial success;
D3. Self reflection and criticality including self awareness, openness and sensitivity to diversity in terms of people, cultures, business and management issues;
D4. Skills of learning to learn and developing a continuing appetite for learning; reflective, adaptive and collaborative learning.
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DD209A Economics for Business
(8) Credit Hours
This key introductory Level 5 course is the second in our degree in business studies and forms the core of the certificate in business studies- economic track. This module teaches Macroeconomics (DD209A) – the focus of most public debate – the student is engaged in policy debates and the problems of managing the national and global economy after a major economic crisis. Through this module, students will be enabled to place themselves as an economic analyst tackling problems in the national macro economy. The student will emerge with a good grasp of some fundamentals of economic theory including the application of basic game theory; an understanding of some key theoretical and policy debates in economics; and confidence in applying these theories and concepts to major economic policy challenges.
Course Code |
DD209A |
Course Title |
Economics for Business |
Pre-requisite |
ECO101 and ECO102 |
Credit Hours |
8 |
Course Description |
This key introductory Level 5 course is the second in our degree in business studies and forms the core of the certificate in business studies- economic track. This module teaches Macroeconomics (DD209A) – the focus of most public debate – the student is engaged in policy debates and the problems of managing the national and global economy after a major economic crisis. Through this module, students will be enabled to place themselves as an economic analyst tackling problems in the national macro economy. The student will emerge with a good grasp of some fundamentals of economic theory including the application of basic game theory; an understanding of some key theoretical and policy debates in economics; and confidence in applying these theories and concepts to major economic policy challenges. |
Course Objectives |
The academic purpose of this course is designed to introduce learners to the internal and external elements of Macroeconomics. The module will have a student-cantered approach in developing and applying economic theories and debates to serious worldwide economic problems, and the critical assessment of proposed solutions. Transferable and vocational skills students will acquire include:
- The interpretation, manipulation and critique of economic evidence, including numerical data and basic statistical skills
- Compare and contrast the most prominent economic traditions and theories of the last two centuries, widely used in public debate
- Ability to build and support an argument in a discussion
- Use and present modelling and simulation as methods of analysis of economic problems; simulate the macro economy under different policy scenarios
5. Ability to engage in debates with other students, substantiating views with economic theory and evidence (coming from data, simulator or case studies)
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Course Outcomes |
A. Knowledge
and understanding A1. Modelling and its
importance in economic thinking; Be able to engage in the economic debate on
the role of demand stimulus vs. fiscal constraint in recovery; monetary policy;
and the scope for supply side restructuring and growth; A2. The use of abstraction in developing economic theories and
models; Recognise the implications of global imbalances in balance of payments
(deficits and surpluses), credit and debt, rising inequality, and the need for
‘rebalancing’ economies. A3. How specific economic models are constructed; A4. Competing
theoretical perspectives and the assumptions underlying economic theories;
Understand how macroeconomics feeds into economic arguments for policy in areas
such as privatisation/nationalisation; trade restriction and promotion; welfare
state policies including health and education. A5. How to
apply appropriate theories, models and concepts to economic problems, events
and processes. B. Cognitive
skills B1. Construct and combine economic arguments and recognise the
differences between economic and other forms of argument; B2. Manipulate economic models to analyse the impact of changes in
variables; Interpret, manipulate and criticise different types of data. B3. Evaluate economic theories and use them to explain and analyse
policy questions; B4. Integrate diagrammatic and verbal analysis of economic issues;
B5. Interpret economic data presented in a variety of forms
including basic regression results and undertake data analysis using
economic data and appropriate analytical tools; B6. Search library catalogues and bibliographic databases and
select a range of academic literature focusing on a particular theoretical
proposition or economic issue and conduct fieldwork research. C. Practical and professional skills C1. Demonstrate an awareness of skills and abilities in relation
to the requirements of own work role; C2. Identify and evaluate the range of resources related to
working effectively; C3. Choosing appropriate methods and apply a model of a national economy
as constructed and used to analyse the roles of consumer spending, investment,
government taxes and spending and imports and exports; C4. Analyse the macroeconomic problems rather than a matter for
national governments; gain familiarity with a computer-based statistical
package and search and manipulate and present different sources of data. C5. Seek for convenient policy to stabilise the economy and keep
unemployment and inflation low; C6. Communication of complex information, arguments and ideas in
ways appropriate to a business context and audience; D. Key transferable skills. D1. Read and synthesise information from a variety of sources for
a specified purpose and apply economic theory to real-life situations. D2. Read and construct scale drawings, graphs, charts and diagrams
from numerical data; read and interpret large and complex numerical data sets; D3. Carry out multistage calculations with numbers of any size
incorporating the use of powers and roots; D4. Calculate measures of average distribution; apply standard
formulae, equations and expressions in calculating economic measures and
indicators; D5. Select and use appropriate methods to illustrate findings,
show trends and make comparisons; numerical and verbal analysis of economic
issues.
D6. Work with qualitative and quantitative data,
drawing appropriate conclusions based on findings, including how possible
sources of error may affect the results.
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DD209B Economics for Business-Microeconomics
(8) Credit Hours
This key introductory Level 5 course is the second in our degree in business studies and forms the core of the certificate in business studies- economic track. This module teaches Microeconomics (DD209B) – the focus of most public debate – the student is engaged in policy debates and the problems of managing the national and global economy after a major economic crisis. The D209B module addresses the recurrent themes of inequalities and imbalances. It takes a global perspective on the challenges faced by national economies and the debates on the roles for government. It focuses particular on the interacting roles of trade policy and government welfare policies in addressing and mitigating inequality within and between countries.
Course Code |
DD209B |
Course Title |
Economics for Business-Microeconomics |
Pre-requisite |
DD209A |
Credit Hours |
8 |
Course Description |
This key introductory Level 5 course is the second in our degree in business studies and forms the core of the certificate in business studies- economic track. This module teaches Microeconomics (DD209B) – the focus of most public debate – the student is engaged in policy debates and the problems of managing the national and global economy after a major economic crisis. The D209B module addresses the recurrent themes of inequalities and imbalances. It takes a global perspective on the challenges faced by national economies and the debates on the roles for government. It focuses particular on the interacting roles of trade policy and government welfare policies in addressing and mitigating inequality within and between countries. |
Course Objectives |
The academic purpose of this course is designed to introduce learners to the most important elements of Microeconomics. The module will have a student-centered approach in developing and applying economic theories and debates to serious worldwide economic problems, and the critical assessment of proposed solutions. Transferable and vocational skills students will acquire include: - Exploring the decision-making processes within firms that drive the growth of an economy.
- Compare and contrast the most prominent economic traditions and theories of the last two centuries, widely used in public debate
- Developing an understanding of the theory of the firm and the working of markets. Ability to build and support an argument in a discussion
Analysing how global trade and the pursuit of growth creates imbalances that may have caused a macroeconomic crisis.
|
Course Outcomes |
A. Knowledge
and understanding A1. Modelling and its importance in economic thinking; Be able to
engage in the economic debate on the role of demand stimulus vs. fiscal
constraint in recovery; and the scope for supply side restructuring and growth;
A2. The use of abstraction in developing economic theories and
models; Recognise the implications of global imbalances in balance of payments
(deficits and surpluses), credit and debt, rising inequality, and the need for
‘rebalancing’ economies. A3. How specific economic models are constructed; A4. Competing theoretical perspectives and the assumptions
underlying economic theories; Understand how microeconomics feeds into economic
arguments for policy in areas such as trade restriction and promotion; welfare
state policies including health and education. A5. How to
apply appropriate theories, models and concepts to economic problems, events
and processes. B. Cognitive
skills B1. Construct and combine economic arguments and recognise the
differences between economic and other forms of argument; B2. Manipulate economic models to analyse the impact of changes in
variables; Interpret, manipulate and criticise different types of data. B3. Evaluate economic theories and use them to explain and analyse
policy questions; B4. Integrate diagrammatic and verbal analysis of economic issues;
B5. Interpret economic data presented in a variety of forms
including basic regression results and undertake data analysis using economic
data and appropriate analytical tools; B6. Search library catalogues and bibliographic databases and
select a range of academic literature focusing on a particular theoretical
proposition or economic issue and conduct fieldwork research. C. Practical and professional skills C1. Demonstrate an awareness of skills and abilities in relation
to the requirements of own work role; C2. Identify and evaluate the range of resources related to
working effectively; C3. Choosing appropriate methods and apply a model of a national
economy as constructed and used to analyse the roles of consumer spending,
investment, government taxes and spending and imports and exports; C4. Analyse the microeconomic problems, gain familiarity with a
computer-based statistical package and search and manipulate and present
different sources of data. C5. Communication of complex information, arguments and ideas in
ways appropriate to a business context and audience; C6. Problem-solving and decision-making using appropriate
quantitative and qualitative skills including data analysis, interpretation and
extrapolation
D. Key transferable skills. D1. Read and synthesise information from a variety of sources for
a specified purpose and apply economic theory to real-life situations. D2. Read and construct scale drawings, graphs, charts and diagrams
from numerical data; read and interpret large and complex numerical data sets; D3. Carry out multistage calculations with numbers of any size
incorporating the use of powers and roots; D4. Calculate measures of average distribution; apply standard
formulae, equations and expressions in calculating economic measures and
indicators;
D5. Select and use appropriate methods to illustrate findings,
show trends and make comparisons; numerical and verbal analysis of economic
issues.
D6. Work with qualitative and quantitative data,
drawing appropriate conclusions based on findings, including how possible
sources of error may affect the results. |
DD309A Doing Economics
(8) Credit Hours
Doing economics: people, markets and policy is a sixty-point third level course which teaches
economic theories that explain the behaviour of people in households, firms, markets and
governments. This course is split into two parts, D309A and D309B with 30 points each. It presents alternative economic explanations that will enable students to make their own critical
judgments of which theory serves which purpose best. The course also equips students with the
research skills that they’ll need to conduct their own project on a topic they want to know more
about. At the end of the course, students should have developed a more critical view of the socioeconomic world in which they live. The course will equip them with the theoretical tools
necessary to investigate recent developments in the global economy. A pluralist view of
economic theory is adopted, enabling students to appreciate the debates between different
approaches. The first part of the course teaches intermediate microeconomics with an emphasis
on both economic theory and its applications. The second part of the course is project-based;
students will be able to specialize in an area of their choice and carry out their own research
project.
D309a (first part of the course) is divided into three blocks 1, 2 and 3 plus two weeks of work
that introduce methods used by economists to test the relevance of their models using data. Block 1, People and Households; Block 2, Firms and Industries; and Block 3, Markets and Governments
Course Code |
DD309A |
Course Title |
Doing Economics |
Pre-requisite |
DD209B |
Credit Hours |
8 |
Course Description |
Doing economics: people, markets and policy is a sixty-point third level course which teaches
economic theories that explain the behaviour of people in households, firms, markets and
governments. This course is split into two parts, D309A and D309B with 30 points each. It presents alternative economic explanations that will enable students to make their own critical
judgments of which theory serves which purpose best. The course also equips students with the
research skills that they’ll need to conduct their own project on a topic they want to know more
about. At the end of the course, students should have developed a more critical view of the socioeconomic world in which they live. The course will equip them with the theoretical tools
necessary to investigate recent developments in the global economy. A pluralist view of
economic theory is adopted, enabling students to appreciate the debates between different
approaches. The first part of the course teaches intermediate microeconomics with an emphasis
on both economic theory and its applications. The second part of the course is project-based;
students will be able to specialize in an area of their choice and carry out their own research
project.
D309a (first part of the course) is divided into three blocks 1, 2 and 3 plus two weeks of work
that introduce methods used by economists to test the relevance of their models using data. Block 1, People and Households; Block 2, Firms and Industries; and Block 3, Markets and Governments
|
Course Objectives |
The aim of the course is to
provide students with a critical overview of the main tools of doing economies focusing on people,
markets and policy. It thus places emphasis on the theoretical underpinnings of the economic
theories, and the debates which surround it, as well as developing practical skills
relevant to work in a range of organisations. Achieving the intended learning outcomes (covering both
knowledge and skills) fully supports this aim. This is a Level 3 course. Level 3 courses build on
study skills and subject knowledge acquired from studies at Levels 1 and 2. The students
should take Economics and economic change (DD202) course before studying
DD309.
|
Course Outcomes |
A. Knowledge and understanding A1 : How decisions taken in various contexts, such as consumption, labour market participation, savings, investment in education and training. And how households, as well as individuals, can make decisions. A2: Key theories underpinning the efficiency and productivity in the production of goods and services. Although the issues about choice of technology, entrepreneurship, innovation, employment relations, outsourcing and competition policy A3: The overall organisation of the economy. The strengths and weaknesses of markets and governments in the organisation of economic activities, explores issues concerning the environment and ethics, and looks at economic theory that underpins government behaviour. A4: Economic theories and their applications to various areas. Three available theoretical strands: environmental economics, business and finance or economics and society. A5; Research Methods, how to carry out a literature review and then choose which research methods to be applied in A6. The qualitative methods – which include interviewing and case studies – and quantitative methods, which involve analysis of economic data. A6: Project work, choosing and completing a project. B. Cognitive skills B1: Thinking strategically in the context of a case study B2: Critical thinking, analysis and synthesis: including identifying and questioning assumptions, weighing evidence appropriately, identifying and challenging false logic or reasoning, and generalising in a way which recognises the limits of knowledge in firm. B3: Evaluation and comparison of competing perspectives from a variety of sources, including some informed by current issues or research developments. B4: The ability to argue relevantly and to justify a point of view C. Practical and professional skills C1 : Communication of complex information, arguments and ideas in ways appropriate to a business context and audience. C2: Problem-solving and decision-making using appropriate quantitative and qualitative skills including data analysis, interpretation and extrapolation. C3: Effective performance in a team environment in a virtual context. C4. The application of course ideas to students' own interactions with organisations and life experiences. C5: Selecting and using information and communication technologies for business purposes. D Key transferable skills D1 : Engagement, as appropriate, with practical and professional business strategy skills and ethical issues.
|
DD309B Doing economics: people, markets and policy
(8) Credit Hours
Doing economics: people, markets and policy (Part B) is a thirty point third level course which teaches economic theories that explain the behaviour of people in households, firms, markets and governments. The course equips students with the research skills that they’ll need to conduct their own project on a topic they want to know more about. At the end of the course, students should have developed a more critical view of the socio-economic world in which they live. DD309b (second part of the course is divided into Blocks 4, 5 and 6.
Block 4, Optional strands, teaches further economic theory and its applications to various areas. Students should choose one of three available theoretical strands: environmental economics, business and finance or economics and society. In Block 5, Research Methods, students will learn how to carry out a literature review and then choose which research methods they plan to use for their project. They can choose between qualitative methods – which include interviewing and case studies – and quantitative methods, which involve analysis of economic data. In Block 6, Project Work, students will work towards their end-of-module assessment, completing a project of their choice.
Course Code |
DD309B |
Course Title |
Doing economics: people, markets and policy |
Pre-requisite |
DD309A |
Credit Hours |
8 |
Course Description |
Doing economics: people, markets and policy (Part B) is a thirty point third level course which teaches economic theories that explain the behaviour of people in households, firms, markets and governments. The course equips students with the research skills that they’ll need to conduct their own project on a topic they want to know more about. At the end of the course, students should have developed a more critical view of the socio-economic world in which they live. DD309b (second part of the course is divided into Blocks 4, 5 and 6.
Block 4, Optional strands, teaches further economic theory and its applications to various areas. Students should choose one of three available theoretical strands: environmental economics, business and finance or economics and society. In Block 5, Research Methods, students will learn how to carry out a literature review and then choose which research methods they plan to use for their project. They can choose between qualitative methods – which include interviewing and case studies – and quantitative methods, which involve analysis of economic data. In Block 6, Project Work, students will work towards their end-of-module assessment, completing a project of their choice. |
Course Objectives |
The aim of the course is to provide students with a critical overview of the main tools of doing economies focusing on people, markets and policy. It thus places emphasis on the theoretical underpinnings of the economic theories, and the debates which surround it, as well as developing practical skills relevant to work in a range of organisations. Achieving the intended learning outcomes (covering both knowledge and skills) fully supports this aim. This is a Level 3 course. Level 3 courses build on study skills and subject knowledge acquired from studies at Levels 1 and 2. The students should take Economics and economic change (DD209) course before studying DD309.
|
Course Outcomes |
A. Knowledge
and understanding A1 : Modeling and its importance in economic
thinking; A2 : The use
of abstraction in developing economic theories and models; A3 : How
specific economic models are constructed; A4:
Competing theoretical perspectives and the assumptions underlying
economic theories; B. Cognitive
skills B1 : Construct economic arguments and recognise the differences
between economic and other forms of argument; B2: Manipulate economic models to analyse the impact of changes in
variables; B3 : Evaluate economic theories and use them to explain and
analyse social issues and policy questions; B4 : Integrate diagrammatic and verbal analysis of economic
issues; C. Practical and professional skills C1: Transfer and use
relevant key skills in the workplace context; C2: Use the more specific knowledge, analytic skills and methods, rooted
in the different disciplines as a strong basis for work in many professions.
Students will have become better informed, more active and … questioning
members of an organisation. C3 :The ability to engage critically with the underlying
challenges and problems facing a business;
C4: The ability to identify and evaluate conflicting arguments,
including recognising the significance of different value positions in these
arguments. D. Key transferable skills. D1: Read and synthesise information from a variety of sources for
a specified purpose. D2: Read and construct scale drawings, graphs, charts and diagrams
from numerical data; read and interpret large and complex numerical data sets; D3 : Calculate measures of average and distribution; apply
standard formulae, equations and expressions in calculating economic measures
and indicators;
D4: Select and use
appropriate methods to illustrate findings, show trends and make comparisons. |
ECO101 Principle of Microeconomics
(4) Credit Hours
This key introductory Level 1 course is the first economics module in our degree in business studies and forms the core of business studies- economics track. Students should first understand the economic problem before they move to learn its economic implications and economic changes. Every day people make decisions, what to buy and what to sell? All people are participating in consumption or production. These activities are the basic units of an economy and are concerned with the economic problem: how best to satisfy unlimited wants using the limited available resources. This module develops skills such as logical and analytical thinking and problem-solving skills. It is designed to explain the theoretical ideas and applies them to real life examples and case studies from the Arab region, without ignoring the international aspects. Therefore, this module directly addresses the Arab countries’ characteristics, problems, and economic policies. For some of students, economics is not the main area of study. However, understanding of basic economic concepts will still prove useful to all students whatever direction their studies and subsequent career may take.
Course Code |
ECO101 |
Course Title |
Principle of Microeconomics |
Pre-requisite |
BUS110 |
Credit Hours |
4 |
Course Description |
This key introductory Level 1 course is the first economics module in our degree in business studies and forms the core of business studies- economics track. Students should first understand the economic problem before they move to learn its economic implications and economic changes. Every day people make decisions, what to buy and what to sell? All people are participating in consumption or production. These activities are the basic units of an economy and are concerned with the economic problem: how best to satisfy unlimited wants using the limited available resources. This module develops skills such as logical and analytical thinking and problem-solving skills. It is designed to explain the theoretical ideas and applies them to real life examples and case studies from the Arab region, without ignoring the international aspects. Therefore, this module directly addresses the Arab countries’ characteristics, problems, and economic policies. For some of students, economics is not the main area of study. However, understanding of basic economic concepts will still prove useful to all students whatever direction their studies and subsequent career may take.
|
Course Objectives |
The academic purpose of this course is designed to introduce learners to the internal and external elements of Microeconomics. Students are not expected to have taken any courses in economics, or to have any knowledge or experience of ICT. Nevertheless, this is a Level 2 course and students need the general study techniques appropriate to Level 2 study in the social sciences. After studying the module students should be able to:
- understand the domain of economics as a social theory
- understand the main analytical tools which are used in economic analysis
- learn the main conclusions derived from economic analysis and to develop their understanding of the organisational and policy implications
to participate in debates on economic matters.
|
Course Outcomes |
A. Knowledge
and understanding A1: A strong
set of introductory chapters. A2: Early
coverage of policy issues. A3: Complete
coverage of monopolistic competition. B. Cognitive
skills B1: Recognise, compare, and contrast different ways of analysing
business case studies within the Arabian region and other material about
contemporary business practice. B2: Apply their knowledge in the analysis of practical business
problems and issues. B3: Recognise, compare and contrast different interpretations of
and approaches to practical business problems and issues C. Practical and professional skills C1: The ability to understand the labour market and other factors
of production. C2: Pricing strategy
D. Key transferable skills. D1: Students develop many transferable skills that are highly
valued by employers such as time management, self-reliance, problem-solving,
the ability to understand and evaluate new concepts, and prioritising effectively.
Skills required include: i) effective communication skills – both written and oral (These
are extremely important, as is the ability to work well as part of a
team.) ii)taking the initiative in the classroom but also allowing the
students enough freedom to further develop their own personality and
abilities iii) working closely with other teachers, parents and other
education professionals iv) creativity in presenting ideas v) time management both inside and outside the classroom
vi) enthusiasm, patience
|
ECO102 Principle of Macroeconomics
(4) Credit Hours
This key introductory Level 1 course is the first economics module in our degree in business studies and forms the core of business studies- economics track. Students should first understand the economic problem before they move to learn its economic implications and economic changes. Every day people make decisions, what to buy and what to sell? All people are participating in consumption or production. These activities are the basic units of an economy and are concerned with the economic problem: how best to satisfy unlimited wants using the limited available resources. This module develops skills such as logical and analytical thinking and problem-solving skills. It is designed to explain the theoretical ideas and applies them to real life examples and case studies from the Arab region, without ignoring the international aspects. Therefore, this module directly addresses the Arab countries’ characteristics, problems, and economic policies. For some of students, economics is not the main area of study. However, understanding of basic economic concepts will still prove useful to all students whatever direction their studies and subsequent career may take.
Course Code |
ECO102 |
Course Title |
Principle of Macroeconomics |
Pre-requisite |
BUS110 |
Credit Hours |
4 |
Course Description |
This key introductory Level 1 course is the first economics module in our degree in business studies and forms the core of business studies- economics track. Students should first understand the economic problem before they move to learn its economic implications and economic changes. Every day people make decisions, what to buy and what to sell? All people are participating in consumption or production. These activities are the basic units of an economy and are concerned with the economic problem: how best to satisfy unlimited wants using the limited available resources. This module develops skills such as logical and analytical thinking and problem-solving skills. It is designed to explain the theoretical ideas and applies them to real life examples and case studies from the Arab region, without ignoring the international aspects. Therefore, this module directly addresses the Arab countries’ characteristics, problems, and economic policies. For some of students, economics is not the main area of study. However, understanding of basic economic concepts will still prove useful to all students whatever direction their studies and subsequent career may take.
|
Course Objectives |
The academic purpose of this course is designed to introduce learners to the internal and external elements of Microeconomics. Students are not expected to have taken any courses in economics, or to have any knowledge or experience of ICT. Nevertheless, this is a Level 2 course and students need the general study techniques appropriate to Level 2 study in the social sciences. After studying the module students should be able to:
- understand the domain of economics as a social theory
- understand the main analytical tools which are used in economic analysis
- learn the main conclusions derived from economic analysis and to develop their understanding of the organisational and policy implications to participate in debates on economic matters.
|
Course Outcomes |
A. Knowledge
and understanding A1: A strong
set of introductory chapters. A2: Early
coverage of policy issues. A3: Complete
coverage of monopolistic competition. B. Cognitive
skills B1: Recognise, compare, and contrast different ways of analysing
business case studies within the Arabian region and other material about
contemporary business practice. B2: Apply their knowledge in the analysis of practical business
problems and issues. B3: Recognise, compare and contrast different interpretations of
and approaches to practical business problems and issues C. Practical and professional skills C1: The ability to understand the labour market and other factors
of production. C2: Pricing strategy
D. Key transferable skills. D1: Students develop many transferable skills that are highly
valued by employers such as time management, self-reliance, problem-solving,
the ability to understand and evaluate new concepts, and prioritising effectively.
Skills required include: i) effective communication skills – both written and oral (These
are extremely important, as is the ability to work well as part of a
team.) ii)taking the initiative in the classroom but also allowing the
students enough freedom to further develop their own personality and
abilities iii) working closely with other teachers, parents and other
education professionals iv) creativity in presenting ideas v) time management both inside and outside the classroom
vi) enthusiasm, patience
|
ECO340 Managerial Economics
(4) Credit Hours
Business entities operate in economic turbulent environments. Under these constraints, decisions taken by managers of business units can vary and differ depending on the manager’s and the company’s pursuit of goals and objectives. Proper economic analysis and use of appropriate techniques and tools are therefore mandatory for managers and decision makers. This module highlights the role of economics in business decision-making and how economics is relevant in other areas of management such as marketing and operations management. The module can be used to understand economic aspects of business problems and business environment using theories, tools, techniques and relevant case studies and examples. Basic skills of quantitative proficiency is required in order to understand pricing decisions techniques, variation of supply and demand, risk analysis, investment and the growth of the firm. This module provides students with a solid base of managerial economics study and practice.
Course Code |
ECO340 |
Course Title |
Managerial Economics |
Pre-requisite |
DD209B |
Credit Hours |
4 |
Course Description |
Business entities operate in economic turbulent environments. Under these constraints, decisions taken by managers of business units can vary and differ depending on the manager’s and the company’s pursuit of goals and objectives. Proper economic analysis and use of appropriate techniques and tools are therefore mandatory for managers and decision makers. This module highlights the role of economics in business decision-making and how economics is relevant in other areas of management such as marketing and operations management. The module can be used to understand economic aspects of business problems and business environment using theories, tools, techniques and relevant case studies and examples. Basic skills of quantitative proficiency is required in order to understand pricing decisions techniques, variation of supply and demand, risk analysis, investment and the growth of the firm. This module provides students with a solid base of managerial economics study and practice. |
Course Objectives |
ECO340's academic aim is to introduce students to number of managerial concepts and theories of economics in order to understand and explain the behavior decision and decision-making of business firms and aspects of the market economy. It also develops the students' knowledge of economics as well as skills in problem-solving, decision making, and written and oral communication. ECO340 also aims to prepares students for business-economics concepts and making sense of the business-world. Thus, after studying the course, the students should be able to: - Understand and apply a toolbox of fundamental concepts and theories of economics to guide managerial decision-making by individuals and business units.
- Explain the nature and role of models and theories in economic analysis.
- Explain the concepts of supply/demand/market equilibrium and their determinants.
- Identify the main characteristics of different market types (perfect competition, monopoly and oligopoly) and predict price and output outcomes.
- Apply economic models to for production and cost estimation.
- Identify and explain the challenges and opportunities for today's managers.
|
Course Outcomes |
A. Knowledge
and understanding A1 : Understand the economic environment that affect business
strategies, business behaviour and managerial decisions in order to realize
firms’ goals and objectives. A2 : Identify the determinants and variation of supply and demand
and their impact in the context of local economy. A3: Understand the importance of production functions in
managerial decisions. A4:
Understand the importance of cost in managerial decisions. B. Cognitive
skills B1: Identify economic factors determining the firms’ decisions. B2: Evaluate and interpret economic ideas, views and evidence. B3: Analyse demand estimation and forecasting B4: Identify the relation between production and cost B5: Identify and explain issues related to pricing and output
decisions C. Practical and professional skills C1: apply the economic way of thinking in order to identify
microeconomic problems (market resources allocation, prices rise and fall,
budgets allocation, production decisions...) C2: Implement managerial decisions in high-risks environment and
turbulent economies C3: Apply key concepts and theories of economics to managerial
decision making C4: Implement appropriate pricing strategies and output decisions
in different market types C5: Use tools and techniques of economics to improve managerial
decision making D. Key transferable skills. D1: Develop a broad and inclusive understanding of how the
economic environment affects business strategies and decision making in
domestic and global economy. D2: Develop effective communication, both in speaking and writing
to convey solid arguments while adapting the language approach to the relevant
business situation and audience. D3: Identify some of the key strengths and needs of their own
learning and recognize opportunities to address these. D4: Effectively use
information and communication technologies when analysing economic situations
and using appropriate tools for managers’ decision-making.
|
ECO341 Economic Development
(8) Credit Hours
Economic development is the process of gradual improvement in the material well-being of individuals. At the macro level, development economics studies why some countries have high standards of living, while others do not. At the micro level, development studies the functioning of markets in low income countries, with the ultimate goal of addressing market failures and lifting individuals out of poverty. Almost all topics in economics have a counterpart in development economics. The context of developing countries proves to be challenging for conventional economic models due to the prevalence of market failures. The situation often requires a careful investigation of the plausibility of assumptions in a developing context. Based on that, the course will cover mainly, among other topics, analytical approaches to the economic problems of developing nations. Topics include deep-rooted and new directions in development economics thinking, the welfare economics of poverty and inequality, empirical evidence on who benefits from economic development, labour market models, and public policy evaluation.
Course Code |
ECO341 |
Course Title |
Economic Development |
Pre-requisite |
DD209B |
Credit Hours |
8 |
Course Description |
Economic development is the process of gradual improvement in the material well-being of individuals. At the macro level, development economics studies why some countries have high standards of living, while others do not. At the micro level, development studies the functioning of markets in low income countries, with the ultimate goal of addressing market failures and lifting individuals out of poverty. Almost all topics in economics have a counterpart in development economics. The context of developing countries proves to be challenging for conventional economic models due to the prevalence of market failures. The situation often requires a careful investigation of the plausibility of assumptions in a developing context. Based on that, the course will cover mainly, among other topics, analytical approaches to the economic problems of developing nations. Topics include deep-rooted and new directions in development economics thinking, the welfare economics of poverty and inequality, empirical evidence on who benefits from economic development, labour market models, and public policy evaluation. |
Course Objectives |
The aim of this course is to introduce students to 1. the theoretical foundations of development economics and also to
recent advances in the use of empirical methods in the study of developing
countries. 2. apply the tools of economic analysis to problems of growth,
poverty, and environmental sustainability in developing countries. 3. analyze the economic, social, and environmental impacts of
specific initiatives and promote development through policies and investment
projects 4. use economic data to conduct development analyses such as growth
diagnostics, poverty assessments, impact analysis of development projects, and
environmental impact assessments
5. prepare the corresponding reports for
international development agencies and policy makers.
|
Course Outcomes |
A. Knowledge
and Understanding A1. Gain knowledge and understanding of the
theories,
principles, historical trends, current issues and practices
relevant to economic development. A2.
Understand measurement of economic growth, poverty and inequality, agriculture and industrialization,
population, education and human capital, health and
nutrition, savings and credits; and trade and
development. A3. Understand what affects economic growth, inequality and poverty. A4. Understand why do some countries achieve
high levels of economic development and others do not. A5. Understand the policies that
government can implement to change the growth path of their countries
B. Cognitive
skills B1.
Learn how to think systematically and strategically about aspects of economic
development B2. Reflect on and begin to critically evaluate the aspects that affect economic development. B3. Use conceptual frameworks to describe economic development and economic development policies and what needs to be done to implement these policies and to achieve development; particularly for developing countries.
B4. Critically evaluate theories in relation to economic development and international setting with which they are familiar and the relative standpoints of others within different contexts;
C.
Practical and professional skills
C1. Evaluate the impact of economic development on the country prosperity and international stand. C2. Demonstrate advanced professional and educational capabilities using appropriate interpersonal, written communication and critical thinking skills that are required for economic development policies .C3. Apply theories and concepts relevant to economic development in all its dimension within local, regional and international contexts. C4. Develop knowledge, skills, attitudes and values necessary for economic development policies implementation particularly in developing struggling
countries.
D.
Key/transferable skills D1.Be creative and assertive in presenting ideas related to economic development and economic development policies. D2.Articulate ideas and communicate effectively using appropriate theories pertinent to the concept of economic development in general and in particular economic development in developing countries. D3.Communicate effectively, using economic vocabulary, both orally and in writing and listen actively; D4.Conduct research into economic development issues related to the course topics, either individually or as part of a team for projects/dissertations/presentations. This requires familiarity with and an evaluative approach to a range of economic data, sources of information and appropriate methodologies, and for such to inform the overall learning process.
D5.Self-reflection and criticality including self-awareness, openness and sensitivity to diversity in terms of various aspects related to and affecting economic development; particularly in developing countries
|
ECO370 Managerial Economics
(4) Credit Hours
Business entities operate in economic turbulent environments. Under these constraints, decisions taken by managers of business units can vary and differ depending on the manager’s and the company’s pursuit of goals and objectives. Proper economic analysis and use of appropriate techniques and tools are therefore mandatory for managers and decision makers. BS330 module is a compulsory course for Level 3 business students. This module highlights the role of economics in business decision-making and how economics is relevant in
other areas of management such as marketing and operations management. The module can be used to understand economic aspects of business problems and business environment using theories, tools, techniques and relevant case studies and examples. Basic skills of quantitative proficiency is required in order to understand pricing decisions techniques, variation of supply and demand, risk analysis, investment and the growth of the firm. This module provides students with a solid base of managerial economics study and practice.
Course Code |
ECO370 |
Course Title |
Managerial Economics |
Pre-requisite |
TBA |
Credit Hours |
4 |
Course Description |
Business entities operate in economic turbulent environments. Under these constraints, decisions taken by managers of business units can vary and differ depending on the manager’s and the company’s pursuit of goals and objectives. Proper economic analysis and use of appropriate techniques and tools are therefore mandatory for managers and decision makers. BS330 module is a compulsory course for Level 3 business students. This module highlights the role of economics in business decision-making and how economics is relevant in
other areas of management such as marketing and operations management. The module can be used to understand economic aspects of business problems and business environment using theories, tools, techniques and relevant case studies and examples. Basic skills of quantitative proficiency is required in order to understand pricing decisions techniques, variation of supply and demand, risk analysis, investment and the growth of the firm. This module provides students with a solid base of managerial economics study and practice.
|
Course Objectives |
BS330 academic aim is to introduce students to number of fundamental concepts and theories of economics in order to understand and explain the behavior decision and decision-making of business firms and aspects of the market economy. It also develops the students’ knowledge of economics as well as skills in problem-solving, decision making, and written and oral communication. BS330 also prepares students for advanced economics concepts and making sense of the world as an observer of economic and business events taught in MBA programs. After studying the course, the students should be able to: 1. Understand and apply a toolbox of fundamental concepts and theories of economics to guide managerial decision-making by individuals and business units. 2. Explain the nature and role of models and theories in economic analysis. 3. Explain the concepts of supply/demand/market equilibrium and their determinants. 4. Identify the main characteristics of different market types (perfect competition, monopoly and oligopoly) and predict price and output outcomes. 5. Apply economic models to for production and cost estimation. 6. Identify and explain the challenges and opportunities for today’s managers.
|
Course Outcomes |
A. Knowledge and understanding A1 : Understand the economic environment that affect business strategies, business behaviour and managerial decisions in order to realize firms' goals and objectives.
A2 : Identify the determinants and variation of supply and demand and their impact in the context of local economy.
A3: Understand the importance of production functions in managerial decisions. A4: Understand the importance of cost in managerial decisions
B. Cognitive skills
B1: Identify economic factors determining the firms' decisions.
B2: Evaluate and interpret economic ideas, views and evidence.
B3: Analyse demand estimation and forecasting
B4: Identify the relation between production and cost
B5: Identify and explain issues related to pricing and output decisions
C. Practical and professional skills
C1: apply the economic way of thinking in order to identify microeconomic problems (market resources allocation, prices rise and fall, budgets allocation, production decisions...)
C2: Implement managerial decisions in high-risks environment and turbulent economies
C3: Apply key concepts and theories of economics to managerial decision making
C4: Implement appropriate pricing strategies and output decisions in different market types
C5: Use tools and techniques of economics to improve managerial decision making
D. Key transferable skills.
D1: Develop a broad and inclusive understanding of how the economic environment affects business strategies and decision making in domestic and global economy.
D2: Develop effective communication, both in speaking and writing to convey solid arguments while adapting the language approach to the relevant business situation and audience.
D3: Identify some of the key strengths and needs of their own learning and recognize opportunities to address these.
D4: Effectively use information and communication technologies when analysing economic situations and using appropriate tools for managers' decision-making.
|
ECO371 Economic Development
(4) Credit Hours
Economic development is the process of gradual improvement in the material wellbeing of individuals. At the macro level, development economics studies why some countries have high standards of living, while others do not. At the micro level, development studies the functioning of markets in low income countries, with the ultimate goal of addressing market failures and lifting individuals out of poverty. Almost all topics in economics have a counterpart in development economics. The context of developing countries proves to be challenging for conventional economic models due to the prevalence of market failures. The situation often requires a careful investigation of the plausibility of assumptions in a developing context. Based on that, the course will cover mainly, among other topics, analytical approaches to the economic problems of developing nations. Topics include old and new directions in development economics thinking, the welfare economics of poverty and inequality, empirical evidence on who benefits from economic development, labour market models, and public policy evaluation.
Course Code |
ECO371 |
Course Title |
Economic Development |
Pre-requisite |
Macro-economics and micro-economics |
Credit Hours |
4 |
Course Description |
Economic development is the process of gradual improvement in the material wellbeing of individuals. At the macro level, development economics studies why some countries have high standards of living, while others do not. At the micro level, development studies the functioning of markets in low income countries, with the ultimate goal of addressing market failures and lifting individuals out of poverty. Almost all topics in economics have a counterpart in development economics. The context of developing countries proves to be challenging for conventional economic models due to the prevalence of market failures. The situation often requires a careful investigation of the plausibility of assumptions in a developing context. Based on that, the course will cover mainly, among other topics, analytical approaches to the economic problems of developing nations. Topics include old and new directions in development economics thinking, the welfare economics of poverty and inequality, empirical evidence on who benefits from economic development, labour market models, and public policy evaluation. |
Course Objectives |
The aim of this course
is to introduce students to the theoretical foundations of development
economics and also to recent advances in the use of empirical methods in the
study of developing countries. Students will also be introduced to several
selected topics of contemporary research in development economics in order to
acquaint them with the art of designing and carrying out their own research. It
will help students learn how to apply the tools of economic analysis to
problems of growth, poverty, and environmental sustainability in developing
countries. It will help them as well to understand why some poor countries have
been successful in catching up with the industrialized countries in per capita
income, while others are increasingly lagging behind; why half of humanity
remains poor; and why environmental degradation and resource exhaustion are
commonly associated with income growth, and what are the implications of
degradation and exhaustion on growth and poverty. The course will also help
students to understand what can be done to promote development through policies
and investment projects, and learn to analyze the economic, social, and
environmental impacts of specific initiatives. It will teach the students to
use data to conduct development analyses such as growth diagnostics, poverty
assessments, impact analysis of development projects, and environmental impact
assessments; and learn to prepare the corresponding reports for international
development agencies and policy makers. Topics will be approached from both a
macroeconomic and microeconomic perspectives.
|
Course Outcomes |
A. Knowledge
and understanding A1. Gain
knowledge and understanding of the theories, principles, historical trends,
current issues and practices relevant to economic development. A2. Understand measurement of economic growth,
poverty and inequality, agriculture and industrialization, population,
education and human capital, health and nutrition, savings and credits; and
trade and development. A3.
Understand what affects economic growth, inequality and poverty. A4.
Understand why some countries achieve high levels of economic development and
others do not. A5.
Understand the policies that government can implement to change the growth path
of their countries. B. Cognitive
skills B1. Learn how to think systematically and strategically about
aspects of economic development. B2.
Reflect on and begin to critically evaluate the aspects that affect economic
development. B3. Use conceptual frameworks to describe economic development and
economic development policies and what needs to be done to implement these
policies and to achieve development; particularly for developing countries. B4. Critically evaluate theories in relation to economic
development and international setting with which they are familiar and the
relative standpoints of others within different contexts; C. Practical and professional skills C1. Evaluate the impact of economic development on the country prosperity and international
stand. C2. Demonstrate advanced professional and educational capabilities
using appropriate interpersonal, written communication and critical thinking
skills that are required for economic development policies. C3. Apply theories and
concepts relevant to economic development in all its dimension within local,
regional and international contexts. C4. Develop knowledge, skills, attitudes and values necessary for
economic development policies implementation particularly in developing
struggling countries. D. Key transferable skills. D1. Be creative and assertive in presenting ideas related to
economic development and economic development policies. D2. Articulate ideas and communicate effectively using appropriate
theories pertinent to the concept of economic development in general and in particular
economic development in developing countries.
D3. Communicate effectively, using economic vocabulary, both
orally and in writing and listen
actively; D4. Conduct research into economic development issues related to
the course topics, either individually or as part of a team for
projects/dissertations/presentations. This requires familiarity with and an
evaluative approach to a range of economic data, sources of information and
appropriate methodologies, and for such to inform the overall learning
process.
|
FIN240 Microfinance Theory and Practice
(8) Credit Hours
This course will use information economics to understand microfinance as an alternate source of financing for the poor. The rise of informal credit markets and cooperative savings and credit cooperatives organizations amidst difficulties of accessing financial services from banks shall be explored. The problems of adverse selection and moral hazards in commercial banking and how microfinance institutions use local information and group lending to circumvent these problems shall be considered. Competition, profitability versus poverty reduction as objectives of microfinance institutions. Management and self sustainability of MFI and crosscutting issues on microfinance gender and education among others shall be covered.
Course Code |
FIN240 |
Course Title |
Microfinance Theory and Practice |
Pre-requisite |
B124 |
Credit Hours |
8 |
Course Description |
This course will use information economics to understand microfinance as an alternate source of financing for the poor. The rise of informal credit markets and cooperative savings and credit cooperatives organizations amidst difficulties of accessing financial services from banks shall be explored. The problems of adverse selection and moral hazards in commercial banking and how microfinance institutions use local information and group lending to circumvent these problems shall be considered. Competition, profitability versus poverty reduction as objectives of microfinance institutions. Management and self sustainability of MFI and crosscutting issues on microfinance gender and education among others shall be covered. |
Course Objectives |
Microfinance theory and Practice is to make students understand the
economic theory behind the rise of microfinance and how microfinance
institutions contribute to economic development. It also aims to make students
understand current trends in microfinance and challenges of managing
microfinance institutions. This shall help in integrating theoretical knowledge
and practice as a way of preparing students to be future professionals in
microfinance institutions.
Students are expected to gain in-depth knowledge
about micro-finance and how they contribute to the economic development.
Analytical skills in credits appraisals, monitoring and evaluation of loan
performance are expected to be gained. Field studies in microfinance institutions
shall make students gain experience of practical microfinance operations.
Students will be introduced to mix of lectures, seminars, case studies and
student presentations. The seminar case method encourages collaborative
learning by working in groups to expand insights and cover more perspectives.
It helps articulate arguments based on facts through presentation of investment
conviction. It enhances analytical capabilities through expressing opinions
based on multiple resources.
|
Course Outcomes |
|
FIN340 Corporate Finance
(4) Credit Hours
This course is aimed at students who are interested in understanding asset pricing and corporate finance. It provides a theoretical framework used to address issues in project appraisal and financing, the pricing of risk, securities valuation, market efficiency, capital structure, and mergers and acquisitions. It provides students with the tools required for further studies in financial intermediation and investments.
Course Code |
FIN340 |
Course Title |
Corporate Finance |
Pre-requisite |
FIN240 |
Credit Hours |
4 |
Course Description |
This course is aimed at students who are interested in understanding asset pricing and corporate finance. It provides a theoretical framework used to address issues in project appraisal and financing, the pricing of risk, securities valuation, market efficiency, capital structure, and mergers and acquisitions. It provides students with the tools required for further studies in financial intermediation and investments. |
Course Objectives |
- Providing the theoretical framework that used to address issues in project appraisal and financing,
- Advancing the concepts of Pricing of risk, securities valuation, market efficiency, capital structure, and mergers and acquisitions
- Provides students with the tools required for further studies in financial intermediation and investments.
|
Course Outcomes |
A. Knowledge
and understanding A1:
understand the mathematics of portfolios and how risk affects the value of the
asset in equilibrium under the fundaments asset pricing paradigms A2 Understand
how Managerial Incentives Affect Financial Decisions A3: explain
the characteristics of derivative assets (forwards, futures and options), and
how to use the main pricing techniques. A4:
understand and explain the capital structure theory, and how information
asymmetries affect it. A5:
understand how corporate governance can contribute to firm value A6: discuss
why merger and acquisition activities exist.
B. Cognitive
skills B1: analytical skills based on using the key capital budgeting
techniques B2: Critical thinking, analysis and synthesis: ability to
understand and use financial information and to critically analyze corporate
performance based on financial information. B3: valuating risk effects on assets using asset pricing. C. Practical and professional skills C1 : evaluating projects through capital budgeting techniques C2: enabling students to do
problem-solving and risk valuation using appropriate quantitative and
qualitative skills including data analysis, interpretation and extrapolation. C3: explaining the
characteristics of derivative assets (forwards, Futures and options). D. Key transferable skills. D1: Effective communication, both orally and in writing, of
information, arguments and ideas. D2: Problem-solving and
decision-making using appropriate quantitative and qualitative skills including
data analysis, interpretation and extrapolation.
D3: Effective performance in a team environment
both in face-to-face and/or virtual contexts. D4: Develop an appropriate understanding of the
student’s needs to develop as a learner and devise strategies to address
these.
|
FIN341 Islamic Finance
(4) Credit Hours
This course is aimed to introduce students to the Principles of Islamic Finance, Islamic banks; Risk management of Islamic institutions, globalization and challenges for Islamic finance.
Course Code |
FIN341 |
Course Title |
Islamic Finance |
Pre-requisite |
FIN340 |
Credit Hours |
4 |
Course Description |
This course is aimed to introduce students to the Principles of Islamic Finance, Islamic banks; Risk management of Islamic institutions, globalization and challenges for Islamic finance. |
Course Objectives |
This course provides an
overview and understanding to the main concepts and theories of Islamic
Finance.
|
Course Outcomes |
A. Knowledge and understanding A1: The Economic System, Financial Contracting and Riba (interest). The Islamic Financial System. Islamic Financial Services Industry. A2: Risk Management of Islamic Financial Institutions, A3: Regulation of Islamic Financial Institutions. A4: Globalization and Challenges for Islamic Finance B. Cognitive skills B1: Understanding the Islamic Financial System C. Practical and professional skills C1: The ability to work in any financial institution following the Islamic Finance rules and regulations. D. Key transferable skills. D1: Students develop many transferable skills that are highly valued by employers such as time management, self-reliance, problem-solving, the ability to understand and evaluate new concepts, and prioritising effectively. Skills required include: - Engagement, as appropriate, with corporate finance tools and techniques. Understand and explain the relevance, facts and role of dividend policy
- Effective communication skills – both written and oral (These are extremely important, as is the ability to work well as part of a team.)
- creativity in presenting ideas i
- time management both inside and outside the classroom
|
FIN342 Financial & Securities Markets
(8) Credit Hours
Acquire knowledge in financial markets and instruments, and in financial engineering together with the quantitative tools essential for understanding modern finance. The module provides thorough understanding of the reason financial markets are crucial to promoting greater economic efficiency. It shows that well-functioning financial markets are a key factor in producing high economic growth & poorly performing financial markets are one reason that many parts of the world remain desperately poor. The module further shows how activities in the financial and securities markets have direct effects on personal wealth, behaviour of businesses and consumers and the cyclical performance of the economy. The module develops an advanced understanding of the financial and securities markets, how it works, the debt and equity markets and intermediaries.
It aims to promote the student understanding of derivative markets, options ,Bonds , warrants and convertibles, Yield curves & the term structure of interest rates , currency exchange rate and the international exchange rate parity, portfolio risk and diversification, risk and return. The module further enhances student’s knowledge & practices of how the stock and commodities markets function.
Course Code |
FIN342 |
Course Title |
Financial & Securities Markets |
Pre-requisite |
FIN340: Corporate Finance |
Credit Hours |
8 |
Course Description |
Acquire knowledge in financial markets and instruments, and in financial engineering together with the quantitative tools essential for understanding modern finance. The module provides thorough understanding of the reason financial markets are crucial to promoting greater economic efficiency. It shows that well-functioning financial markets are a key factor in producing high economic growth & poorly performing financial markets are one reason that many parts of the world remain desperately poor. The module further shows how activities in the financial and securities markets have direct effects on personal wealth, behaviour of businesses and consumers and the cyclical performance of the economy. The module develops an advanced understanding of the financial and securities markets, how it works, the debt and equity markets and intermediaries.
It aims to promote the student understanding of derivative markets, options ,Bonds , warrants and convertibles, Yield curves & the term structure of interest rates , currency exchange rate and the international exchange rate parity, portfolio risk and diversification, risk and return. The module further enhances student’s knowledge & practices of how the stock and commodities markets function.
|
Course Objectives |
To develop a thorough
understanding of bonds, interest rates, currency exchange rates, exchange rate
parity theories, international portfolio diversification and the principles
behind financial derivative markets.
|
Course Outcomes |
A. Knowledge
and understanding A1: An
overview of the financial system, function and structure, money and capital
market instruments, function and types of financial intermediaries. A2: An
overview of the commodities Market: physical Trading, derivative trading &
world exchanges. A3: Bonds,
Bond Yields, Prices and Bond Swaps, Bond Price Sensitivity A4: Yield
Curves and the Term Structure of Interest Rates A5: Currency
Exchange Rates, International Exchange Rate Parity Theories A6:
International Portfolio Diversification, Measuring Portfolio Risk, Return and
Performance A7:
Introduction, Definitions, and the Economic Logic of Derivative Markets,
Forward Contracts and Markets, Futures Markets A8:
Introduction to Options, The Binomial Model and the Factors Affecting Option
Prices, Black-Scholes Model, Using Options A9: Warrants
and Convertibles B. Cognitive
skills B1: understand how financial & securities markets work and
what functions they fulfil in market economy & how they promote economic
efficiency. B2: How to assess risk & return & liquidity of different
investment instruments in addition to acquiring the ability to valuate stocks
& bonds by applying procedures and models of fundamental analysis. B3: Understand & analyse interest rates & their behaviour,
currency exchange rates & analysis of international exchange parity. B4: Describe & compare selected world exchanges. B5: Understand & compare how markets function & the
instruments traded. B6: Students will be enabled to apply instruments & principles
of technical psychological analysis on the capital markets. B7: Students will be expected to develop & demonstrate
knowledge in derivative markets, forward contracts, future markets, options,
warrants and convertibles. B8: Students will be able to review and assess key trends in the
financial and securities markets. C. Practical and professional skills C1. undertake empirical analysis employing statistical and
financial tools, and report on the empirical findings; C2. set up and manage a project; C3. deal appropriately with the range of (inter-related)
theoretical concepts as they relate to the subject area; C4. Produce a well-structured and well-argued report on a
specialist topic in the area of Financial Markets and Derivatives. D. Key transferable skills.
D1. Students develop
many transferable skills that are highly valued by employers such as time
management, self-reliance, problem-solving, the ability to understand, evaluate
and use the various financial concepts
|
HRM205 Employment and Labor Law
(4) Credit Hours
HR205 is to be taken by students of human resources (HR) track after HR100 Introduction to Human Resources Management(pre-requisite). In this course students are introduced to the principles of employment and labor laws, so that they are better prepared for the challenges in the contemporary workplace. It will examine the key field of employment/labor law. This course encompasses two key areas for study: the first is employment law and the second, namely focused on the national/local context, is labor and social security laws. In the former, the student will learn the basics of employment laws and how employment laws work in practice. The latter will explain the principles and rules governing the labor/employment relationships in the national context.
Course Code |
HRM205 |
Course Title |
Employment and Labor Law |
Pre-requisite |
B123 |
Credit Hours |
4 |
Course Description |
HR205 is to be taken by students of human resources (HR) track after HR100 Introduction to Human Resources Management(pre-requisite). In this course students are introduced to the principles of employment and labor laws, so that they are better prepared for the challenges in the contemporary workplace. It will examine the key field of employment/labor law. This course encompasses two key areas for study: the first is employment law and the second, namely focused on the national/local context, is labor and social security laws. In the former, the student will learn the basics of employment laws and how employment laws work in practice. The latter will explain the principles and rules governing the labor/employment relationships in the national context. |
Course Objectives |
The course introduces students to the
relevant information on the nature and legal terminology of employment law. It
will cover the most common laws and how they affect organizations. It will
familiarize students with the legal principles applicable to a wide range of
work-related concerns. Topics covered include employment contracts,
discrimination, termination of employment, unfair dismissal, family
(maternity/paternity/parental) rights, employer unfair labor practices. As for
the part of the course on labor and social security law, this area of law
addresses many problems/concerns which will influence most people throughout
their working lives. Essentially, labor law must balance the rights of
employees with those of employers. Topics covered include the concept of
enterprise and its legal nature, the scope and historical evolution of labor
law, the individual and collective labor relationships, characteristics and
sources of labor law, the fundamentals and systems of social security law.
|
Course Outcomes |
A. Knowledge
and understanding A1: Understand and articulate the basic legal
terminology/principles of employment and labor law and social security law A2: exhibit good understanding of key concepts, regulations and
framework sustaining labor and equality rules and regulations A3: Identify different kinds of legal problems when encountering
them at work A4: Recognize forms of legal remedies available under employment
and labor laws B. Cognitive
skills B1: Assess situations that frequently present legal issues
affecting the employment relationship B2: Appreciate the nature, form and content of the employment
contracts B3: Discuss the diverse statutory entitlements available to
employees, including maternity and paternity leave B4: Recognize the individual legal obligations of managers in
confronting legal problems at work. C. Practical and professional skills C1: Demonstrate and use the legal principles of employment/labor
for a more successful employment relationship at work C2: Apply principles and regulations governing the
employer-employee relationship to workplace issues and formulate solutions C3: Examine and distinguish the individual and collective labour
relationships C4: Establish and promote the right principles, practices and
environment in the workplace as per employment, labor and social security laws D. Key transferable skills. D1: Effective communication, both orally and in writing, of
information, arguments and ideas using language and styles appropriate for a
business context and audience. D2: Problem-solving and
decision-making using appropriate quantitative and qualitative skills including
data analysis, interpretation and extrapolation. D3: Effective performance
in a team environment both in face-to-face and/or virtual contexts. D4: Develop
critical thinking, self-appraisal and reflective thinking ability in the areas
of Employment, social security and Labor Laws
D5: Synthesize and
organise information from a range of sources. Manage own learning and reflect
on their development as an independent learner.
|
HRM206 Strategic Staffing
(4) Credit Hours
This module explores both strategic and operational issues involved in staffing organisations. It focuses particularly on the essentials of human resources functions related to staffing. It examines the design and management of successful staffing practices used to build and retain a quality workforce in order to achieve both organizational effectiveness and individual job satisfaction. Students will study key topics in staffing and strategic planning including: business and staffing strategies, the legal context, strategic job analysis and competency modeling, forecasting and planning, sourcing: identifying recruits, recruiting, measurement, assessing external and internal candidates, choosing and hiring candidates, managing workforce flow, and staffing system evaluation and technology. And this module will provide students with an understanding of the links between staffing activities and the organisation’s strategic objectives. Furthermore, students will be developing their skills in critical thinking, problem solving and written and oral communication, since this module will engage them in business activities in a disciplined and ethical manner. This will help them pursue personal development of knowledge and skills related to a management career.
Course Code |
HRM206 |
Course Title |
Strategic Staffing |
Pre-requisite |
HRM205 |
Credit Hours |
4 |
Course Description |
This module explores both strategic and operational issues involved in staffing organisations. It focuses particularly on the essentials of human resources functions related to staffing. It examines the design and management of successful staffing practices used to build and retain a quality workforce in order to achieve both organizational effectiveness and individual job satisfaction. Students will study key topics in staffing and strategic planning including: business and staffing strategies, the legal context, strategic job analysis and competency modeling, forecasting and planning, sourcing: identifying recruits, recruiting, measurement, assessing external and internal candidates, choosing and hiring candidates, managing workforce flow, and staffing system evaluation and technology. And this module will provide students with an understanding of the links between staffing activities and the organisation’s strategic objectives. Furthermore, students will be developing their skills in critical thinking, problem solving and written and oral communication, since this module will engage them in business activities in a disciplined and ethical manner. This will help them pursue personal development of knowledge and skills related to a management career. |
Course Objectives |
The module will prepare students with practical skills in HR that are in line with the Quality Assurance Agency's benchmark statement expectations for business studies. It provides students with an understanding of main concepts of organizations' strategic staffing, enabling them to apply ideas, perspectives and concepts to help firms better manage their human resources. In this module, staffing is treated as an integrated process that begins with an understanding of a company's business strategy and continues through planning, sourcing, recruiting, selecting, negotiating, socializing, career planning, retaining, and transitioning the workforce. These stages enable organizations to meet hiring objectives and ensure that talent is in the right place at the right time.
The focus will be on specific areas in order to take an in-depth look at different concepts and theories of staffing systems. Upon the completion of this module, students are expected to develop: - An understanding of different staffing models and staffing strategies
- A conceptualization of staffing activities that exit in firms and their impact on strategic human resources management
- A capability of dealing with issues of equal opportunities and staffing of human resources in organizations
- An overview of processes like job analysis in line with competency analysis, HR planning, sources of recruitment and selection, staffing decision-making reliability as well as validity of employee-assessment methods.
- A self-appraisal and reflective thinking in creativity, teamwork, career selection and learning to learn .
|
Course Outcomes |
A. Knowledge
and understanding A1: The importance for an organization to view
all components of staffing functions including recruitment, selection, managing
workforce flow A2: The
difference between the internal selection decisions and external selection
decisions and identification of different recruitment methods and sources for
both internal and external recruitment A3: The
different approaches to decision making in the context of staffing policies and
staffing practices A4: The
concept and principles of performance management and the importance of
communicating them to employees A5: The
dimensions of employee relations and cultural differences A6: The
perspective of career development and succession management as a retention tool
B. Cognitive
skills B1: Distinguish external and environmental influences on staffing B2: Contrast job analysis, job description and job specification
and relate between the three of them B3: Analyse a position requirements in order to establish
appropriate selection criteria B4: Identify ethical issues pertaining to recruitment, selection
and staffing decisions and their impact on firm performance B5: Relate employee performance assessment to rewards and benefits
B6: Evaluate and handle situations of disputes and complaints C. Practical and professional skills C1: Find sources for qualified candidates and demonstrate ability
to interview and select applicants C2: Design a job description and relate it to a job specifications
based on job analysis C3: Use HR information systems for tracking applicants and other
functionalities C4: Design appropriate assessment methods to evaluate employee
performance and take corrective actions D. Key transferable skills. D1: Effective communication, both orally and in writing, of
information, arguments and ideas using language and styles appropriate for a
business context and audience. D2: Problem-solving and
decision-making using appropriate quantitative and qualitative skills including
data analysis, interpretation and extrapolation.
D3: Effective performance in a team environment
both in face-to-face and/or virtual contexts D4: self-appraisal and reflective
thinking in the areas of creativity, teamwork, leadership, career selection
|
HRM210 Training & Development
(4) Credit Hours
This course is an intermediate level 5 course. It is compulsory for students enrolled in the Human Resource track. HR 210 follows HR 100, the introductory course. This module builds on knowledge gained in HR 100, to introduce related topics and tackle them at a more advanced level. The module is designed around the needs of students already familiar with the basic concepts but requiring a more advanced tuition to develop and complement their knowledge. Developments in work requirements and practices gave the HR function prominence. Developing HR skills should not be underestimated on the contrary it should be regularly improved and developed. Thus, the importance of an effective training and development program.
Having a well-organized human capital management is the primary source of competitiveness and sustainability for organizations. Furthermore, the ever-changing global, political, social, economic, technological, and organizational forces require a regular strategic evolution of the competencies of employees in an organization. Therefore, result-oriented trainings are critical to achieve the main goals of HRM, i.e., acquire, amplify, support and maintain human capital high performance.
Course Code |
HRM210 |
Course Title |
Training & Development |
Pre-requisite |
HRM205 |
Credit Hours |
4 |
Course Description |
This course is an intermediate level 5 course. It is compulsory for students enrolled in the Human Resource track. HR 210 follows HR 100, the introductory course. This module builds on knowledge gained in HR 100, to introduce related topics and tackle them at a more advanced level. The module is designed around the needs of students already familiar with the basic concepts but requiring a more advanced tuition to develop and complement their knowledge. Developments in work requirements and practices gave the HR function prominence. Developing HR skills should not be underestimated on the contrary it should be regularly improved and developed. Thus, the importance of an effective training and development program.
Having a well-organized human capital management is the primary source of competitiveness and sustainability for organizations. Furthermore, the ever-changing global, political, social, economic, technological, and organizational forces require a regular strategic evolution of the competencies of employees in an organization. Therefore, result-oriented trainings are critical to achieve the main goals of HRM, i.e., acquire, amplify, support and maintain human capital high performance.
|
Course Objectives |
The aims of the HR 210 module include the
development of students’ knowledge of the skills, competencies, and practical
elements for employee development and performance enhancement in organizations.
The module begins by introducing the
training and development concepts reflecting on their importance for
organizational growth and success. It focuses on how those concepts are
integrated in organizational strategy and how these are considered among the
main sources of competitive advantage for companies. Furthermore, it highlights the necessity of
conducting employees’ needs assessments (including job analysis, person
analysis, and organization analysis) and SWOT analysis in order to choose the
appropriate training program that will fill employees’ weaknesses. It aims also to provide students with the
skills to develop training programs starting from assessing needs, setting
objectives, establishing the principles of learning, making proper selection
and using effective training methods which includes methods of management development,
techniques of career development, ways to transfer training to the job. It
emphasizes as well on training evaluation and training programs cost. This module helps the students in
addressing the main components of training evaluation, including the estimation
of training costs and benefits, the ability to develop training assessment
guidelines and to capitalize on results to further improve the quality and
outcomes of training programs. It also helps decisions making process
concerning the training and development function.
|
Course Outcomes |
A. Knowledge
and understanding A1:
Theoretical framework, models, concepts, and debates about employees training
and development in organizations which lead to organizational success and
performance improvement. A2: Learning
Theories and principles and their implications for the effectiveness of
training programs. A3: The key
processes, practices and stages for involved in designing, developing and
implementing a training program A4: The
interrelationships between theory and practice. A5: Ways to
evaluate the effectiveness of training programs in terms of training criteria
and evaluation designs. A6: Various
approaches to training, different kinds of training programs, and topical
issues concerning the training function A7:
Approaches used in training management and development while linking its
function to organizational objectives and bottom-line. A8:
Identifying training programs usefulness, including determination of training
costs and resources and quantifying benefits of training in order to give
pertinent feedback/data to corporate management and contribute to
decision-making process. B. Cognitive
skills B1: Describe the field of Training and Development and its role in
optimizing performance. B2: Identify training needs and objectives before training
programs development and assess to what extent the training fulfils its
performance objectives. B3: Evaluate learning theories and principles and their
implications for the effectiveness of training programs. B4: Assess training programs usefulness, including determination
of training costs and resources and quantifying benefits of training in order
to give pertinent feedback/data to corporate management and contribute to
decision-making process. B5: Explain the link between organizational strategy and training
and development strategies B6: Link employees' performance and career development needs to
training B7: Select appropriate training methods based on training
objectives, trainee characteristics, and organizational constraints. C. Practical and professional skills C1: Utilize a working knowledge of Human Resource Training and
Development theory and practices C2: Formulate measurable training objectives taking into
consideration expected learning outcomes C3: Apply theoretical concepts and models to training design. C4: Conduct training needs assessments and SWOT analysis in order
to find and implement the training program that suits the most with varied
organizational situations C5: Develop a detailed performance-based training filling
employee's gaps and deficiencies extracted from training needs
assessments. C6: Assess; implement; evaluate and design training interventions
using a variety of methodologies. C7: Calculate training return on investment C8: The application of course ideas to students’ own interactions
with organisations and life experiences. C9: Provide pragmatic
guidelines and develop relevant competences for analyzing and addressing
problems/opportunities situations. D. Key transferable skills.
D1: A comprehensive
background in the functions of Human Resources training and development from
both theoretical and practical perspectives, including training as an
organization’s main competitive advantage, ways to conduct training needs
assessments and SWOT analysis, importance of learning styles and training assessment, design, development,
implementation and evaluation. D2:
Examine and analyze the concepts and training techniques involved in filling
human resource deficiencies through different performance-based training
methods and approaches. D3: Discuss the purposes and importance of employees
training needs assessments in order to design and implement the appropriate
training sessions. D4: An understanding of appropriate ways to evaluate
training outcomes while linking it to employee performance and career
development. D5: Effective
communication, both orally and in writing, of information, arguments and ideas
using language and styles appropriate for a business context and audience.
D6: Problem-solving and decision-making
using appropriate quantitative and qualitative skills including data analysis,
interpretation and extrapolation. D7:
Effective performance in a team environment both in face-to-face and/or
virtual contexts. D8: Efficient ways to conduct training evaluate its linkage
to organizational objectives achievement and calculate its return on investment
(ROI).
|
HRM215 Employment Compensation and benefits
(4) Credit Hours
HRM215 is the next course to be taken by students of HR track, after they completed Level 5 courses. Employee compensation is a major factor to consider for a candidate decision-making on whether to accept a job position or not. It is also a deciding factor in whether a company can afford to hire additional employees. Compensation and benefits specialists are in charge of ensuring fair and equitable pay rates to employees, based on job evaluation, wage surveys, incentives, pay equity and compensation strategy. This module focuses on the essential of financial reward systems in the organization. Students will examine key topics in compensation and benefits. They will also develop skills in critical thinking, problem solving and written and oral communication.
Course Code |
HRM215 |
Course Title |
Employment Compensation and benefits |
Pre-requisite |
HRM206 |
Credit Hours |
4 |
Course Description |
HRM215 is the next course to be taken by students of HR track, after they completed Level 5 courses. Employee compensation is a major factor to consider for a candidate decision-making on whether to accept a job position or not. It is also a deciding factor in whether a company can afford to hire additional employees. Compensation and benefits specialists are in charge of ensuring fair and equitable pay rates to employees, based on job evaluation, wage surveys, incentives, pay equity and compensation strategy. This module focuses on the essential of financial reward systems in the organization. Students will examine key topics in compensation and benefits. They will also develop skills in critical thinking, problem solving and written and oral communication. |
Course Objectives |
The course will prepare
students with practical skills in examining the financial reward systems of
organizations. These skills are in line with the Quality Assurance Agency’s
benchmark statement expectations for business studies. It provides students
with an understanding of basic compensation concepts and the context of
compensation practices, research techniques and the necessity of statistics in
human resources and the role of job analysis/job design in compensation
decisions. Specific areas in managing employee benefits are also included in
the course i.e. paid time off, retirement plans, health and wellness benefits.
|
Course Outcomes |
A. Knowledge
and understanding A1: Different
compensation philosophies A2: Legal
aspects that influence compensation and benefit systems A3: Basis for
calculating pay increases related to merit pay, pay-forperformance, incentives
and bonuses, group incentives A4:
Market-based strategies in order for the company to match market pay rates A5: The
difference between statutory and voluntary benefits A6: Basis for
retirement plans and different types of health-care plans and other benefits A7: How
different incentive plans contribute to differentiation and lower cost
corporate competitive strategies
B. Cognitive
skills B1: Differentiate between different pay systems and levels B2: Analyse job requirements and design in order to take
appropriate decisions in pay and compensations B3: Identify market factors and labour unions that have direct
influence on a company’s compensation practices B4: compare between statutory and voluntary benefits B5: design systems for paid time off, retirement plans and health
and wellness benefits B6: link between employee performance aspects and employee
compensations B7: identify situations where outsourcing benefits administration
and management is necessary C. Practical and professional skills C1: Create and communicate a compensation philosophy of a company C2: Design a base for pay systems and increase calculations: :
merit pay, payfor-performance, incentives/bonuses, profit sharing, group
incentives C3: Set market-based strategies in order to match market pay rates
C4: Apply federal insurance programs regulations C5: Evaluate employee performance and apply compensations
accordingly C6: Manage employee benefits in terms of cost control, action
planning and strategic planning D. Key transferable skills. D1: Effective communication, both orally and in writing, of
information, arguments and ideas, using language and styles appropriate for a
business context and audience. D2: Problem-solving and
decision-making using appropriate quantitative and qualitative skills including
data analysis, interpretation and extrapolation. D3: Effective performance
in a team environment both in face-to-face and/or virtual contexts. D4: Effective use of information and
communication technologies for business purposes
D5: Self-appraisal and
reflective thinking in the areas of creativity, teamwork, leadership, career
selection.
|
HRM320 Workplace Health and Safety
(4) Credit Hours
HR320 is to be taken by students of human resources (HR) track after B203B [Business Functions in Context–II] and HR205 (Employment and Labor Law) (pre-requisites). In numerous organizations health and safety is the responsibility of the Human Resources (HR) function. This module sheds light on the association with workplace/occupational health and safety and human resources management (HRM). It covers major elements of occupational safety and health in the contemporary global workplace. HR professionals need to be knowledgeable about existing workplace health and safety issues/concerns including regulations, equipment/process safety, behavioural aspects of safety, and ways to avert and reduce hazards in the workplace. This course will provide students with an understanding of the legal regulations of occupational safety, especially the employer's duties to uphold a safe workplace and the employer's obligations under occupational health and safety laws.
Course Code |
HRM320 |
Course Title |
Workplace Health and Safety |
Pre-requisite |
HRM215 |
Credit Hours |
4 |
Course Description |
HR320 is to be taken by students of human resources (HR) track after B203B [Business Functions in Context–II] and HR205 (Employment and Labor Law) (pre-requisites). In numerous organizations health and safety is the responsibility of the Human Resources (HR) function. This module sheds light on the association with workplace/occupational health and safety and human resources management (HRM). It covers major elements of occupational safety and health in the contemporary global workplace. HR professionals need to be knowledgeable about existing workplace health and safety issues/concerns including regulations, equipment/process safety, behavioural aspects of safety, and ways to avert and reduce hazards in the workplace. This course will provide students with an understanding of the legal regulations of occupational safety, especially the employer's duties to uphold a safe workplace and the employer's obligations under occupational health and safety laws. |
Course Objectives |
The module introduces students to the Occupational Health and Safety Act (OHSA) and its regulations. It provides student with adequate understanding of how to prevent/reduce problems or hazards associated with the workplace. The module explains the nature of occupational safety, why it is important and how it affects an organization. It explains precautionary measures to facilitate generating a safer work environment. Common issues in occupational health and safety areas are considered in this course, including laws and regulations, employee health, safety management, security concerns at work, ergonomics, data protection/security, monitoring, surveillance, privacy and inspection.
|
Course Outcomes |
A. Knowledge
and understanding A1: Understand
the nature and importance of occupational health and safety and its impact on
workplace safety nowadays A2: Describe
the Occupational Health and Safety Act (OHSA) and its rules/regulations A3: Explain
occupational safety, health and inspection and describe routine inspection
practices A4: Discuss occupational health matters, including mental health in
the workplace A5:
Articulate the harmful effects of certain significant environmental and
occupational hazards on human health B. Cognitive
skills B1: Recognize and assess occupational hazards, accidents and risks
and evaluate their causes B2: Analyze information and data to identify trends and issues in
the workplace B3: Use conceptual frameworks to describe methods for risk
reduction & control for workplace hazards
B4: Design and evaluate health and safety programs and procedures B5: Differentiate between health and safety in the workplace C. Practical and professional skills C1: Recognize the human element problems in the workplace (e.g.
violence and harassment) and use conflict resolution approaches to resolve them
as OHSA C2: Apply industry standards, and best practices in work
settings C3: Use realistic evaluation tools, interpret their findings and
develop sensible solutions for the organization C4: Apply principles of ergonomic workplace design and demonstrate
the use of exposure assessment tools for ergonomic hazards C5: Devise preventive action methods and apply them at work, as
well as carry out hazard analysis and risk appraisals to guarantee occupational
health and safety best practices D. Key transferable skills. D1: Effective communication, both orally and in writing, of
information, arguments and ideas using language and styles appropriate for a
business context and audience. D2: Problem-solving and
decision-making using appropriate quantitative and qualitative skills including
data analysis, interpretation and extrapolation. D3: Effective performance
in a team environment both in face-to-face and/or virtual contexts. D4: Develop
critical thinking, self-appraisal and reflective thinking ability in the areas
of Workplace Health and Safety.
D5: Synthesize and
organise information from a range of sources. Manage own learning and reflect
on development as an independent learner
|
HRM330 Strategic Human Resource Management
(4) Credit Hours
The HR 330 is a compulsory level 6 module on Strategic Human Resource Management within the HR track. It provides students with a critical understanding of the theories, principles, historical trends, current issues and practices relevant to human resource management strategy in organisations. This module will support the development of students’ subject specific knowledge and key transferable skills necessary for employment in roles which require the effective management of both human and knowledge capital within the organisation. By exploring the shifting of roles from process manager or administrator to strategic business advisor and partner, students will understand the unique strategic positioning of contemporary human resource management and the subsequent demands placed on professionals working in this area. The module will serve as an intellectual platform to proceed to further modules of study.
Course Code |
HRM330 |
Course Title |
Strategic Human Resource Management |
Pre-requisite |
B301B (Making Sense of Strategy) ; HR310 (Leadership and Organizational Management) |
Credit Hours |
4 |
Course Description |
The HR 330 is a compulsory level 6 module on Strategic Human Resource Management within the HR track. It provides students with a critical understanding of the theories, principles, historical trends, current issues and practices relevant to human resource management strategy in organisations. This module will support the development of students’ subject specific knowledge and key transferable skills necessary for employment in roles which require the effective management of both human and knowledge capital within the organisation. By exploring the shifting of roles from process manager or administrator to strategic business advisor and partner, students will understand the unique strategic positioning of contemporary human resource management and the subsequent demands placed on professionals working in this area. The module will serve as an intellectual platform to proceed to further modules of study. |
Course Objectives |
Of the theories,
principles, historical trends, current issues and practices relevant to human
resource management strategy in organisations; enable students to recognise the
opportunities and challenges facing contemporary human resource management;
encourage an approach which views human resource management as a core element
of the overall organisational strategy rather than a purely procedural or
reactive activity; and develop knowledge of the skills required by
organisational leaders for successfully managing human and knowledge
capital.
|
Course Outcomes |
A. Knowledge
and understanding A1. The theories, principles, historical trends, current issues
and practices relevant to human resource management strategy in organisations. A2. How human resource management strategy is Developed in
response to internal and external environmental factors. A3. The key
issues and challenges relating to HRM processes and practices (e.g. recruitment
and selection, learning and development, performance management, and reward
management). A4.
Understand various functions of the HR (including reward systems, performance
management, high-performance human resource systems, training and development,
recruitment, retention, equal employment opportunity laws, work-force
diversity, and union-management relationships) from a strategic
perspective. A5.
Understand the relationship between human resource management strategy and
organisational performance B. Cognitive
skills B1.Think systematically and strategically about aspects of
managing the organization’s human assets.
B2. Reflect on and begin to critically evaluate the evidence of
own and organization’s practice in light of the theoretical knowledge. B3. Use conceptual frameworks to describe functions of the
strategic management of human resource and what needs to be done to implement
these policies and to achieve competitive advantage. B4.Critically evaluate theories in relation to personal
experiences, organizational, inter-organizational and international setting
with which they are familiar and the relative standpoints of others within
different contexts. C. Practical and professional skills C1. Evaluate the impact of human resource management strategies, concepts and values upon
organisation’s success. C2. Demonstrate advanced professional and educational capabilities
using appropriate interpersonal, written communication and critical thinking
skills that are required for successful performance and progress in an
organization. C3. Develop skills in communicating, influencing and negotiating
with peers, subordinates and senior managers.
C4. Apply theories and
concepts relevant to strategic Human
Resource management in contemporary organisations. C5. Develop knowledge, skills, attitudes and values necessary for
success in human resource management positions in a variety of business,
governmental education and non-profit settings. D. Key transferable skills. D1. Be creative and assertive in presenting ideas and leading
teams. D2. Articulate ideas and communicate effectively using appropriate
theories pertinent to the concept of human resource management in general and
in particular strategic human resource management. D3. Communicate effectively, using management vocabulary, both
orally and in writing and listen
actively; D4. Conduct research into business and management issues related
to the course topics, either individually or as part of a team for
projects/dissertations/presentations. This requires familiarity with and an
evaluative approach to a range of business data, sources of information and
appropriate methodologies, and for such to inform the overall learning process;
including the development of personal and team attributes and capabilities for
entrepreneurial success;
D5. Use Self-reflection
and criticality including selfawareness, openness and sensitivity to diversity
in terms of people, cultures, business and management issues.
|
LB170 Communication Skills for Business and Management
(8) Credit Hours
Personal and corporate success in business relies on effective communication. Communication Skills for Business and Management will help you acquire skills to distinguish you from your peers. This key introductory Level 1 course is practical and will empower you to undertake more insightful case-study analysis, write successful essays, and produce powerful reports. From proposals to emails, you’ll work with a wide range of texts from business studies courses and the wider business world, deepening your knowledge and developing your written communication skills - helping you to succeed in both business studies and business generally.
Course Code |
LB170 |
Course Title |
Communication Skills for Business and Management |
Pre-requisite |
EL 122: Intermediate English |
Credit Hours |
8 |
Course Description |
Personal and corporate success in business relies on effective communication. Communication Skills for Business and Management will help you acquire skills to distinguish you from your peers. This key introductory Level 1 course is practical and will empower you to undertake more insightful case-study analysis, write successful essays, and produce powerful reports. From proposals to emails, you’ll work with a wide range of texts from business studies courses and the wider business world, deepening your knowledge and developing your written communication skills - helping you to succeed in both business studies and business generally. |
Course Objectives |
LB170’s design will be
relevant for students from OUBS Openings to Level 2 courses. Students’ confidence, performance and
progression potentials will be enhanced and ultimately academic standards will
be positively influenced as well as widening participation, retention and
completion rates. The emphasis in the
course is on processes and practices (the ‘skills’) of communication rather
than on content in a ‘traditional’ academic sense. As such the course reverses
the balance present in other OUBS courses where communication skills are fore
grounded but are always at the service of the course content and consequently
occupy a less significant position in the learning outcomes. The model of communication skill
development outlined above is a positive rather than a deficit model. It draws
on current thinking about literacy development in which a more traditional
skills development model which treats communication as an all-purpose set of
skills with universal application is overlain, firstly, with a model that
places literacy in context and sees literacy practices as situated within particular
spheres of activity (in this case, business, broadly, and business studies more
specifically). Secondly it draws on a model that highlights the ideological and
personal investment that come into play when individuals and organisations
engage in communicative acts.
|
Course Outcomes |
A. Knowledge
and understanding A1: Can understand and use familiar everyday expressions and
Phrases aimed at the satisfaction of needs of a concrete type.The internal and
external factors affecting business organisations and their stakeholders. A2: understand sentences and frequently used expressions related
to areas of most immediate relevance in one’s major such as the operation and
management of the HR function of a business organisation. A3: Can produce clear, detailed text on a wide range of subjects
and explain a viewpoint on a topical issue giving the advantages and
disadvantages of various options. A4: Can
understand a wide range of demanding, longer texts, and recognize implicit
meaning. Such as the operation and management of the marketing function of a
business organisation. B. Cognitive
skills B1 After studying the course, the student will have developed the
language they need to exercise the following thinking and communication skills
and have developed a critical perspective on this language in the light of a
range of alternative, available language and communication practices: B2: recognize, compare and contrast different ways of analysing
business case studies and other material about contemporary business practice. B3: apply their knowledge in the analysis of practical business
problems and issues. B4: recognize, compare and contrast different interpretations of
and approaches to practical business problems and issues. C. Practical and professional skills C1: analyse work-related cases and situations to identify problems
in the organization and management of a functional area. C2: identify and communicate potential solutions based on
knowledge of theory and apply it to their own work situation. C3: related the communication skills needed for academic study to
those needed in the workplace. D. Key transferable skills. D1: Read and précis written text materials for key salient points.
D2: communicate effectively
in writing, showing recognition of audience and purpose. D3: select data, information and ideas from different sources and
present in an appropriate fashion to support an argument.
D4: identify some of the
key strengths and needs of their own communication skills development and
identify opportunities to address these in the light of their critique of the
language and literacy practices they have encountered.
|
MKT331 Digital Marketing
(4) Credit Hours
The proliferation of the internet across the globe has increased the use of mobile internet devices, tablets, smart phones etc., and improved customer reach, therefore increasing the importance and relevancy of E-marketing for marketing managers. The internet produced many interesting and innovative methods to offer better customer value. This includes Web sites for marketing communication and customer support; one-to-one communication to many different receiving devices; and consumer behavior insights based on offline and online data combination and inventory optimization through CRM-SCM integration. More recently the development of different social media outlets provided perfect platforms for connecting with today’s consumer: High readership blogs, social networks (such as Facebook and LinkedIn), and online communities (such as YouTube, Twitter and Second Life). Such mediums offer consumers in groups a platform to voice their needs, concerns, and feedback. Intelligent marketers have learned how to take advantage of the great access enabled through social media to improve their products and marketing communication. Today, a balanced and effective marketing strategy must rely greatly upon- online marketing and social media.
Electronic Marketing (E- Marketing) involves the use of electronic means to reach marketing objectives. Since the 1980s, this has included database marketing, Customer Relationship Management, and loyalty programs. In addition, the increased reliance of consumers on the internet for their purchases and for information gathering has transformed the direction towards online marketing and social media strategy.
In this course, students get an introduction to the fundamental principles of online marketing (e marketing and social-media) both with theory and with practical trainings. Students will build upon pre-acquired knowledge from other marketing courses.
Course Code |
MKT331 |
Course Title |
Digital Marketing |
Pre-requisite |
B 120: An Introduction to Business Study |
Credit Hours |
4 |
Course Description |
The proliferation of the internet across the globe has increased the use of mobile internet devices, tablets, smart phones etc., and improved customer reach, therefore increasing the importance and relevancy of E-marketing for marketing managers. The internet produced many interesting and innovative methods to offer better customer value. This includes Web sites for marketing communication and customer support; one-to-one communication to many different receiving devices; and consumer behavior insights based on offline and online data combination and inventory optimization through CRM-SCM integration. More recently the development of different social media outlets provided perfect platforms for connecting with today’s consumer: High readership blogs, social networks (such as Facebook and LinkedIn), and online communities (such as YouTube, Twitter and Second Life). Such mediums offer consumers in groups a platform to voice their needs, concerns, and feedback. Intelligent marketers have learned how to take advantage of the great access enabled through social media to improve their products and marketing communication. Today, a balanced and effective marketing strategy must rely greatly upon- online marketing and social media.
Electronic Marketing (E- Marketing) involves the use of electronic means to reach marketing objectives. Since the 1980s, this has included database marketing, Customer Relationship Management, and loyalty programs. In addition, the increased reliance of consumers on the internet for their purchases and for information gathering has transformed the direction towards online marketing and social media strategy.
In this course, students get an introduction to the fundamental principles of online marketing (e marketing and social-media) both with theory and with practical trainings. Students will build upon pre-acquired knowledge from other marketing courses.
|
Course Objectives |
This is a compulsory module in the Marketing track. This course provides students with a comprehensive introduction into the field of online marketing. It is designed in a way, which builds on students' pre-existing knowledge in general marketing management to elaborate the concepts of digital marketing. After completing this course students should be able to: - Understand the nature and concepts of online marketing and apply online marketing tools, instruments and principles through theory and case studies.
- Understand the importance of online marketing and social media to a company's' overall marketing plan in contemporary marketing.
- Understand internet users and identify profitable E-Marketing strategies.
- Understand the design and evaluation of multimedia applications for marketing strategy.
- Review current practices in electronic marketing. Understand the marketing effectiveness of web-based marketing approaches.
- Learn how to use the internet as a research method and learn and practice how to publish information on the internet.
- Be able to develop effective strategies for generating traffic, optimizing conversion, achieving customer satisfaction, optimizing profitability, generating social media strategies and continuous innovation within online marketing environment.
- Understand the E-Marketing context: e-business models, performance metrics, and role of strategic planning.
- Describe E-marketing strategies of segmenting, targeting, positioning, and differentiation.
- Know how to use marketing functions of product, pricing, distribution, and marketing communication for a firm's E-Marketing strategy.
|
Course Outcomes |
A. Knowledge
and understanding A1: Evaluate
the role and implications of digital methods within marketing. A2: Evaluate
examples of contemporary electronic marketing methods such as microsites and
banner ads and compare them to conventional approaches. A3:
Appreciate the marketing implications of the design and application of
multimedia/Web based products and evaluate them from an e- marketing
perspective. A4: Evaluate
the advantages and limitations of different approaches to Web based marketing
including text and information based pages, virtual worlds, interactive
graphics and animation A5: Evaluate
the impact of web based innovations on marketing and consumer behavior. A6: Consider
the impact that modern technology has (Internet, social media, etc.) on
marketing innovation. A7: Consider
what new ways of thinking are needed in E-marketing B. Cognitive
skills B1: Use critical analysis to evaluate e-marketing tactics within a
business perspective B2: Provide a theoretical and practical basis for critically
assessing the range of e-marketing tools as well as their advantages and
disadvantages B3: Explore the impact of online communities and evaluate their
uses in E-marketing. B4: Evaluate the utility of concepts, tools and frameworks to
solve ebusiness problems. B5: Evaluate the advantages and limitations of virtual worlds,
interactive graphics, animations and social media. B6: Evaluate the impact of digital marketing strategies on
consumer decision making. C. Practical and professional skills C1: Have developed market awareness of E-marketing issues C2: Analyse e-marketing cases and identify organizational
challenges in developing responses relevant to the environment. C3: Apply course concepts to students’ own interactions with
organisations and life experiences. C4: Build upon important workplace skills
(e.g. cooperative, teamwork, meeting deadlines, report writing) through
cooperative learning activities C5: Appreciate multicultural influences on the e-marketplace, on
ebusiness ethics, and on socially responsible E-marketing. D Key transferable skills D1: Make Decisions and solve problems in a viable approach
engaging with data analysis, interpretation and extrapolation. D2: Work independently, communicate effectively, planning,
monitoring, reflecting on and improving their own learning. D3: Find, assess and apply information from a variety of sources,
using information technology where necessary Immerse in related information,
arguments and ideas. D4: Identify some of the key strengths and needs of their own learning and identify opportunities to address these. |
MKT332 Service Marketing
(4) Credit Hours
The services sector is gaining increased importance as a contributor to GDP and employment growth in both developed and developing countries. Developments in information technology and innovation are leading to the creation of new services and opportunities continuously, to offer better value to clients and at affordable prices. In addition, organizations from all sectors
including technological and industrial are realizing the importance of providing distinguished quality services to gain competitive advantage. Consequently, learning about services marketing has become essential despite the sector of employment one chooses to follow, since services have infiltrated the world around us. The majority of business activity today relates to services. This has changed the marketing worldview. This module builds on the concepts covered in the basic marketing courses. It addresses the distinctive challenges integral to the marketing of services in a variety of modern business
Settings emphasis on distinctive features of service management and marketing, in addition to the theories, instruments, and strategies required to tackle them. Aspects of relationship marketing and the new service‐dominant logic of marketing will also be covered.
Course Code |
MKT332 |
Course Title |
Service Marketing |
Pre-requisite |
B324 |
Credit Hours |
4 |
Course Description |
The services sector is gaining increased importance as a contributor to GDP and employment growth in both developed and developing countries. Developments in information technology and innovation are leading to the creation of new services and opportunities continuously, to offer better value to clients and at affordable prices. In addition, organizations from all sectors
including technological and industrial are realizing the importance of providing distinguished quality services to gain competitive advantage. Consequently, learning about services marketing has become essential despite the sector of employment one chooses to follow, since services have infiltrated the world around us. The majority of business activity today relates to services. This has changed the marketing worldview. This module builds on the concepts covered in the basic marketing courses. It addresses the distinctive challenges integral to the marketing of services in a variety of modern business
Settings emphasis on distinctive features of service management and marketing, in addition to the theories, instruments, and strategies required to tackle them. Aspects of relationship marketing and the new service‐dominant logic of marketing will also be covered.
|
Course Objectives |
This is a compulsory module in the marketing track. The module is designed to give learners a broad understanding of the key concepts and business practices in service marketing. The module provides an overview of the nature and scope of services marketing and its role in achieving business objectives. The module aims to:
- Provide learners with a clear understanding of the concepts and business functions of services marketing
- Give learners an overview of the environmental factors which influence services marketing decisions
- Introduce learners to the need to develop an appropriate services marketing mix and identify and analyze the various components of the services marketing mix
- Familiarize learners with the role of marketing to service providers.
- Appreciate the challenges embedded in marketing and managing services and study the tools and processes to respond to these challenges.
- Evaluate the key issues required in managing customer satisfaction and service quality
- Appreciate the role of employees and customers in service delivery, customer satisfaction and service quality.
- Understand the critical aspects of service businesses such as managing supply and demand, relationship management, and the overlap in marketing/operations/human resource systems.
|
Course Outcomes |
A. Knowledge
and understanding A1.
Differentiate between product and service characteristics, and know how this
can be used to establish competitive advantage for a firm. A2.
Understand why the application of the marketing mix in a service environment is
built up from the interaction between customers and their suppliers. A3. Develop
an understanding of the links between the service providers (people), the
procedures (processes), and the physical evidence of the service offering. A4.
Understand service quality management as the basis for developing customer
satisfaction and develop skills in service quality problem diagnosis and
service improvement. A5.
Understand the importance of customer retention, service recovery, relationship
development, and the role of internal marketing. A6. Consider
the impact that modern technology has (Internet, social media, etc.) on
service(s) marketing innovation. A7. Consider
what new ways of marketing thinking are needed in service dominant modern
economies. B. Cognitive
skills B1. Use critical analysis to perceive service shortcomings in
reference to create service excellence; B2. Provide a theoretical and practical basis for assessing
service performance using company examples;
B3. Identify and discuss characteristics and challenges of
managing service firms in the modern world using cultural implications; B4. Discuss key linkages between marketing and other business
functions in the context of designing and operating an effective service
system. B5. Explain the unique challenges of services marketing, including
the elements of product, price, place, promotion, processes, physical evidence,
and people. C. Practical and professional skills C1: Integrate course concepts into individual performance to
become better customer service representatives in the service environment. C2: Analyse work-related cases and situations and identify
organizational challenges in developing responses related to the environment. C3: Apply course concepts to students’ own interactions with
organisations and life experiences. C4: Build upon important workplace skills (e.g. cooperative,
teamwork, meeting deadlines, report writing) through cooperative learning
activities C5: Discuss the influences of the multicultural marketplace,
business ethics, and socially responsible marketing on services marketing C6: Describe how customer relationship marketing (CRM), including
retention strategies, creates an environment that achieves excellence in
customer service D. Key transferable skills. D1: Make Decisions and solve problems in a viable approach
engaging with data analysis, interpretation and extrapolation. D2: Work independently, communicate effectively, planning,
monitoring, reflecting on and improving their own learning D3: Find, assess and apply information from a variety of sources,
using information technology where necessary Immerse in related information,
arguments and ideas. D4: Identify some of the
key strengths and needs of their own learning and identify opportunities to
address these
|
SYS210 Managing Technologies and Innovation
(8) Credit Hours
Technology plays a significant and invaluable role in the different aspects of human societies. It is a key resource of profound importance for a nation’s security and economic development. In addition, it is viewed as an important strategic factor and fundamental element for economic growth and as an instrumental means of controlling nature and resources. It also exerts a powerful influence on standards of living and quality of life. New knowledge, innovations and professional skills are an intrinsic part of new technology. Because technology is continuously changing, with new processes and products being developed or improved regularly, the need to manage technology is also continuous, and one that grows with the expansion of economic activities. Management of technology is a difficult and complex process, but it is an issue that faces all firms today. It involves the handling of technical and social issues in a broad spectrum of functional areas including manufacturing, design, development, information, processing, construction, pollution, violence, and so forth. Management of technology and innovation is concerned with developing and enhancing the capabilities of individuals and the characteristics of institutions to match the potential benefits, to contain the hazards resulting from technological change and also to find new ways to compete and survive. The role of MTI (Managing Technology and Innovation) is to ensure the proper execution of the following functions:
Selection of technology, or rather technological products
Effective negotiation and contracting for their acquisition
To integrate strategy and technology
Adaptation to local conditions (environmental, human, etc.).
Insights into MTI (Managing Technology and Innovation)
Course Code |
SYS210 |
Course Title |
Managing Technologies and Innovation |
Pre-requisite |
B123 |
Credit Hours |
8 |
Course Description |
Technology plays a significant and invaluable role in the different aspects of human societies. It is a key resource of profound importance for a nation’s security and economic development. In addition, it is viewed as an important strategic factor and fundamental element for economic growth and as an instrumental means of controlling nature and resources. It also exerts a powerful influence on standards of living and quality of life. New knowledge, innovations and professional skills are an intrinsic part of new technology. Because technology is continuously changing, with new processes and products being developed or improved regularly, the need to manage technology is also continuous, and one that grows with the expansion of economic activities. Management of technology is a difficult and complex process, but it is an issue that faces all firms today. It involves the handling of technical and social issues in a broad spectrum of functional areas including manufacturing, design, development, information, processing, construction, pollution, violence, and so forth. Management of technology and innovation is concerned with developing and enhancing the capabilities of individuals and the characteristics of institutions to match the potential benefits, to contain the hazards resulting from technological change and also to find new ways to compete and survive. The role of MTI (Managing Technology and Innovation) is to ensure the proper execution of the following functions:
Selection of technology, or rather technological products
Effective negotiation and contracting for their acquisition
To integrate strategy and technology
Adaptation to local conditions (environmental, human, etc.).
Insights into MTI (Managing Technology and Innovation)
|
Course Objectives |
The aim of this
module, after accomplishing both parts of it, is to familiarize students with
an integrative approach to the management of technology and innovation. It introduces the concept of MTI and examines
internal innovation planning, implementation and evaluation and control. It
also introduces building the capabilities necessary for MTI success. At the end of
both parts of the module, students are expected to attain the following
objectives: Understand the significance of technology, innovation and their
management Identify the key MTI concerns in strategy Understand both product and process innovation Recognize the foundations of internal innovation and its
implementation Determine if the firm has achieved the desired outcomes and design a
proper tool for evaluation and control Identify elements for planning for acquiring, implementing and
evaluating technology Understand the core capabilities for a sustainable competitive
advantage Determine what information the firm actually has and to turn this
information into knowledge
The course will prepare students with practical
skills through numerous realistic settings that are in line with the Quality
Assurance Agency’s benchmark statement expectations for business studies. It
also aims to enhance employability as the curriculum is of benefit to students
in the employment market and also relevant to many studying for their own
personal development. In so doing, the course provides students with a clear
understanding and appreciation of innovation dynamics both within and across
firm’s boundaries. By drawing from state of the art innovation literatures as
well as the extensive use of in-depth case study materials, the course analyses
opportunities and challenges related to creating, sustaining , managing
innovation and most of all integrating strategy and technology, with a specific
focus on technology-based organizations.
|
Course Outcomes |
A. Knowledge
and understanding A1:
Understand how organisations manage the internal process of innovation,
including effective search and knowledge acquisition, implementation, learning
and re–innovation A2:
Appreciate the links between Innovation and competitive advantage, the different
kinds of innovations (radical vs. incremental, continuous vs. discontinuous,
etc.) A3:
Understand innovation as a core business process and how it can be managed. A4:
Information gathering, Analyzing the external environment using management
models A5:
Conducting proper evaluation and control in innovation B. Cognitive
skills B1: Develop an awareness of the range, scope, and complexity of
the issues and problems related to the strategic management of technology and
innovation. B2: Develop an understanding of the “state of the art’ of the
strategic management of technology and innovation. B3: Expose students to tools and concepts used by organisations
engaged in technology intensive industries. B4: Designing Organizational structure based on the degree of
innovation needed B5: Develop appropriate capabilities for a sustainable
competitive advantage C. Practical and professional skills C1: Learn the basic skills necessary to construct a technology
strategy for an organisation. C2: Offer some practice in defining and working out strategic
management problems related to technological innovation and corporate
entrepreneurship. C3: Develop skills in leadership and engagement for a proper
implementation of an innovation strategy D. Key transferable skills. D1: Effective communication, both orally and in writing, of
information, arguments and ideas, using language and styles appropriate for a
business context and audience. D2: Problem-solving and
decision-making using appropriate quantitative and qualitative skills including
data analysis, interpretation and extrapolation.
D3: Effective performance in a team environment
both in face-to-face and/or virtual contexts. D4: self-appraisal and reflective
thinking in the areas of creativity, teamwork, leadership, career selection.
|
SYS280 Principles and Practice of Systems’ Thinking
(8) Credit Hours
Traditionally, problems are frequently tackled by employing simple and convenient methods to achieve simple solutions. Such simple and popular approaches are not effective in solving complex, dynamic and diverse problems. Regardless of the preliminary seemingly simple and easy application, the emphasis seems to be on the elements of the problem, rather than the “bigger picture”. Thus, no attention is given to the interaction between the elements, with the belief that there is one best solution. As program failures intensify there is a growing need to develop and generate improved outcomes through systems thinking. Systems’ thinking is a discipline of seeing the “whole”, recognizing patterns and interrelationships, and learning how to innovate a more effective, efficient and creative system/holistic solution(s).
Holistic Systems Thinking considers the interdependent, inter-relational, and contextual aspects of phenomena and applies an integrated, inclusive mindset to problem solving. Holistic approaches are preoccupied with the assumptions, knowledge, methods, and implications of various disciplines and treats them as an integrated whole, or system. Systems can be ecological, social, institutional, or a combination of all three, and relationships, within and between systems are recognized as complex with cyclical interdependencies, or feedbacks. Higher-order, or emergent, properties become evident when systems are considered in this integrated fashion.
A holistic systems world-view is grounded in people taking responsibility for their own actions and being receptive to transformational change. Fundamental to this philosophy are personal beliefs that sustainability is a conscious choice by people to aspire to a purposeful and equitable integration of a systems view of life. Holism can be referred to using different terminology including ecological systems thinking, and ‘joined-up’ mindset.
This course will acquaint students with the basic concepts of systems thinking. The primary emphasis will be the introduction of basic systems thinking fundamentals, i.e. defining a systems perspective about any situation or problem, solving problems with that perspective, drawing appropriate diagrams to illustrate the problem, describing and modeling a problem, and designing and improving upon system solutions.
Course Code |
SYS280 |
Course Title |
Principles and Practice of Systems’ Thinking |
Pre-requisite |
B207B |
Credit Hours |
8 |
Course Description |
Traditionally, problems are frequently tackled by employing simple and convenient methods to achieve simple solutions. Such simple and popular approaches are not effective in solving complex, dynamic and diverse problems. Regardless of the preliminary seemingly simple and easy application, the emphasis seems to be on the elements of the problem, rather than the “bigger picture”. Thus, no attention is given to the interaction between the elements, with the belief that there is one best solution. As program failures intensify there is a growing need to develop and generate improved outcomes through systems thinking. Systems’ thinking is a discipline of seeing the “whole”, recognizing patterns and interrelationships, and learning how to innovate a more effective, efficient and creative system/holistic solution(s).
Holistic Systems Thinking considers the interdependent, inter-relational, and contextual aspects of phenomena and applies an integrated, inclusive mindset to problem solving. Holistic approaches are preoccupied with the assumptions, knowledge, methods, and implications of various disciplines and treats them as an integrated whole, or system. Systems can be ecological, social, institutional, or a combination of all three, and relationships, within and between systems are recognized as complex with cyclical interdependencies, or feedbacks. Higher-order, or emergent, properties become evident when systems are considered in this integrated fashion.
A holistic systems world-view is grounded in people taking responsibility for their own actions and being receptive to transformational change. Fundamental to this philosophy are personal beliefs that sustainability is a conscious choice by people to aspire to a purposeful and equitable integration of a systems view of life. Holism can be referred to using different terminology including ecological systems thinking, and ‘joined-up’ mindset.
This course will acquaint students with the basic concepts of systems thinking. The primary emphasis will be the introduction of basic systems thinking fundamentals, i.e. defining a systems perspective about any situation or problem, solving problems with that perspective, drawing appropriate diagrams to illustrate the problem, describing and modeling a problem, and designing and improving upon system solutions.
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Course Objectives |
SYS280 is a compulsory course in Business Studies/Systems' track. Systems thinking is an inquiry-based method of learning that uses the technique of perspective-taking, fosters holistic thinking, and engages in belief-testing. Systems theory identifies and analyzes the linkages among various elements in a system. For those new to systems theory, it is important to note that “systems" is plural. Thus, systems theory does not presume that there is one grand system to be studied. One intellectual thread of systems theory is the field of systems thinking. Systems thinking is a methodology for understanding and managing complex feedback systems such as the ones at work in business and other social systems. Systems thinking uses mapping of interrelationships as a mean to improve decision-maker understanding of how to intervene and improve system performance.
Understanding the interworking of a system, or the relationships between the various actors of a system, is useful because it improves understanding of the outcomes of the system. For example, to understand why communities experience traffic congestion in a road system despite extensive road building requires an understanding of the relationships between the actors in the system. Students must understand how governments decide where to build or expand roads and how individuals select driving routes. If a government widens a congested road, it is likely to become congested again even if the destinations of current drivers, employment patterns, location of entertainment and service venues, and other determinants of driving patterns have not changed. The systems thinking approach builds theories for how the system works and uses them to develop insights about the behavior of the system over time, with the goal of improving system performance. The primary tools of systems thinking include system diagramming. After completing this course student will have opportunities to conduct inquire into, and represent their learning about holistic systems. Learning objectives might include: - Provide an overview of the history, research and perspectives into systems thinking.
- Understand and document system thinking objectives.
- Demonstrate a capacity to appreciate that all actions have consequences within, between and among systems.
- Establish a basic understanding of systems thinking terminology, theories, processes, methods, language and tools.
- Understand how tipping points, interdependencies, feedback loops, and emergent properties impact a variety of social, economic and ecological systems.
- Describe and model solutions that will enable system thinking ex. (mind maps, feedback & causal loops, behavior over time diagrams, etc.)
- Apply systems analysis to various problems (socio - technical, supply chain, value chain / lean, etc.).
- Comprehend systemic limits such as carrying capacity and the ways humans can and do impact ecological systems.
- Develop a set of diagramming techniques. This help in exploring your perceptions and understanding of a situation and in communicating this understanding to others. Specifically, you will:
- Recognize how diagrams can be used to support thinking about complex situations.
- Understand how diagrams can be used to develop and represent systems of interest within a complex situation.
- Know the main types of diagrams which are most frequently used in systems thinking and practice, the purpose they serve and the conventions they use.
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Course Outcomes |
A. Knowledge
and understanding A1: Systemic thinking and the systems concepts
and language. A2: The
various ways to think about the messes they are analyzing, helping them
understand one another, appreciate one another’s viewpoints and reduce
conflicts and misapprehensions. A3: How they
might function more effectively in a group by improving their working
relationships. A4: Different
diagrams that are mostly used in systems thinking and practice. B. Cognitive
skills B1: Critically assess the differences between being a manager and
a systems practitioner. B2: Better think about their relationships with others and thus
better understand the dynamics of these relationships. B3. Develop a mentality to work as systems practitioners B4. Recognize the importance of building explicit and implicit
models and drawing diagrams to facilitate the understanding of complex
situations. C. Practical and professional skills C1: Learn how to learn and reflect on their learning journey. C2: Develop techniques and practical skills that can often help to
improve relationships and understandings with other people. C3: Develop teamwork and leadership skills C4: Become a systems thinker and practitioner who is able to link
theory to practice focusing on the context.
D. Key transferable skills. D1: Better handle complex and messy situations. D2: Develop their learning abilities and reflection skills D3: Hone their critical and systemic skills and thus be able to
have a helicopter view of each situation and thus better understand it and
better cope with it.
D4: Understand people
and some aspects of organizational behaviour.
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SYS380 Managing Systems Complexity
(8) Credit Hours
Engage students with an awareness of the issues involved in managing change, moving them beyond "one-best way" approaches and providing them with access to multiple perspectives that they can draw upon in order to enhance their success in producing organizational change. These multiple perspectives provide a theme for the text as well as a framework for the way each chapter outlines different options open to managers in helping them to identify, in a reflective way, the actions and choices open to them. Multiple perspectives ensure that change managers are not trapped by a "one-best way" of approaching change that limits their options for action. Changing organizations is as messy as it is exhilarating, as frustrating as it is satisfying, as muddling-through and creative a process as it is a rational one. The module provides the student with an exploration into the tensions for those involved in managing organizational change. Rather than pretend that they do not exist it confronts them head on, identifying why they are there, how they can be managed and the limits they create for what the manager of organizational change can achieve.
Course Code |
SYS380 |
Course Title |
Managing Systems Complexity |
Pre-requisite |
SYS280 |
Credit Hours |
8 |
Course Description |
Engage students with an awareness of the issues involved in managing change, moving them beyond "one-best way" approaches and providing them with access to multiple perspectives that they can draw upon in order to enhance their success in producing organizational change. These multiple perspectives provide a theme for the text as well as a framework for the way each chapter outlines different options open to managers in helping them to identify, in a reflective way, the actions and choices open to them. Multiple perspectives ensure that change managers are not trapped by a "one-best way" of approaching change that limits their options for action. Changing organizations is as messy as it is exhilarating, as frustrating as it is satisfying, as muddling-through and creative a process as it is a rational one. The module provides the student with an exploration into the tensions for those involved in managing organizational change. Rather than pretend that they do not exist it confronts them head on, identifying why they are there, how they can be managed and the limits they create for what the manager of organizational change can achieve.
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Course Objectives |
- Develop students with a multiple perspectives approach to managing change
- Recognizes the variety of strategies to facilitate change interventions
- Reinforce students approach for the need for a tailored and creative approach to fit different contexts
- Introduce the student to new and emerging trends, developments, themes, debates, and practices in organizational development and change interventions
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Course Outcomes |
A. Knowledge
and understanding A1. Modern
trends in information systems and systems practice A2. The key concepts of
software development and maintenance, including principles of design, and the
representation and meaning of data A3.
Systemic methods of analysis, based on diagramming, modelling and other tools,
and how these can be used to improve computing practice and management decision
making A4. The range
of situations in which information systems are used, the ways in which people
interact with them and the ethical, social and legal problems that information
systems can create. B. Cognitive
skills B1. Apply systems thinking to academic literature and to
organisations, identifying suitable areas for systemic analysis and
appreciating the technical, economic and other factors at work B2. Analyse complex systems, and design and evaluate strategies or
software solutions for improving them B3. Describe, compare and contrast a variety of methods and tools,
identifying the best choices and applying them to specific problems B4. Develop and apply suitable analytical and management
techniques B5. Explain the various roles, functions and interactions of
Members of a workplace team. C. Practical and professional skills C1. Design, test and evaluate information systems C2. Use modern approaches and tools C3. Identify and handle the ethical, social and legal issues that
may arise during the design and use of information systems C4. Use diagramming and modelling tools to analyse complex
Systems. D. Key transferable skills. D1. Work independently, planning, monitoring, reflecting on and
improving their own learning D2. Work in a group, communicating effectively D3. Find, assess and apply information from a variety of sources,
using information technology where necessary
D4. Use numerical and
analytical techniques to solve problems.
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