This course aims to equip you with a range of tools to analyse the behaviour of firms, consumers and markets. It will introduce you to basic economic concepts and show how they can be used to understand and analyse the business environment to make better business decisions. You will also learn how to use these tools in practice, through smaller group classes and assessed work, enabling you to instantly apply your learning back in the work place.
A uniquely integrated course which provides an overview of the development of key management disciplines. Students will develop a greater understanding of the disciplinary anchors in Sociology, Psychology and Economics as they relate to modern management theory and practice.
The aim of the course is to provide a comprehensive overview of firms' financial decision making. The course is designed to provide an applied and practical approach to finance, enabling the students to address topical issues that modern corporations face. In particular, the course builds on concepts in business strategy, valuation techniques, and capital structure theories, and applies those tools in a systematic and rigorous way to real-life financial management problems. After a brief introduction to financial markets, institutions, and instruments, the course focuses on corporate finance and business valuation. Topics such as mergers and acquisitions, initial public offerings, leveraged buyouts, and real options will also be covered.
Understanding individual attitudes and behaviour in an organisational context is fundamental in any management role. This course aims to review psychological theories as they apply to organisations and demonstrate how this perspective contributes to understanding human behaviour at work. It brings together theory and practice to show how you can apply the material to real life problems in your organisations. It also includes a team project to develop an evidence based intervention or organisational change, by selecting a company case study from current business events and addressing a real world problem.
This course investigates central questions in strategic management, applying tools from microeconomics, industrial organization and organizational economics to competitive decision making, with the emphasis being on the application of these concepts to business situations. As such the course relies heavily on the analysis of case studies.
The course covers the main theories and concepts in marketing management for students with no prior knowledge of the subject. Students will have the opportunity to apply the theories in a practical setting, as the course will be scheduled partly during one of the overseas modules and will include visits to companies and guest speakers who are experts in international marketing.
Multinational firms have been an increasingly significant aspect of the corporate environment in developed countries since the 1960's, and are responsible for a high proportion of global output, exports and investment, as well as the bulk of foreign direct investment. In the past few decades their activities have been increasingly focused to developing economies, including China and India, and transition economies such as Russia, Brazil and Argentina. This course will analyse the emergence of firms which operate on a global scale and their current and likely future interactions with emerging markets. You will focus on how the institutional characteristics of emerging markets affect the choices and behaviour of multinational firms, both now and going forward.
The dissertation/capstone is a student-led independent study project that comprises a half credit on the overall degree. Students can choose to engage in an academic dissertation or a capstone project. Both options require the student to produce a 6,000-word report that demonstrates familiarity with relevant literature and analyses original data collected by the student. The dissertation is grounded in academic concepts whereas the capstone project presents a new business idea. Through this project, students demonstrate skills in critical thinking and writing, conducting original research, and drawing conclusions from that research. The focus of the project can be any area in which the student would like to develop their expertise, or it can be an area that would benefit the student’s organisation. Previous topics have included, for example, the barriers to developing local talent in top leadership jobs, the private equity industry in Azerbaijan, women and leadership in the UAE, public sector employee motivation, creativity and commitment in sales organisations.
Students will also take sessions in two non-assessed courses which will be scheduled throughout the programme:
Leadership sessions in the first three modules will focus on developing your leadership style and skills. Drawing on relevant theories, we will consider your personal leadership style and and its implications for working with others, leadership skills that are critical to effectiveness, and how to build positive organisational environments. You will be asked to complete two in-depth evaluations, and profiles will be used to guide your leadership development. The assignment will involve reflection upon your leadership within the context of your organisation or future career.
This course is concerned with examining the relationship between governance and control in organizations. A strong emphasis is placed on the techniques used in assigning values to input into and outcomes of organizational processes. Amongst other issues, we will examine how firms’ financial condition is represented to external parties, how values are assigned to determine the magnitude of costs and how performance is measured. Each session will be concerned with investigating real life debates relating to the representation of issues relating to governance and the exercise of control. In common with Foundations 1, we will utilize the different disciplines informing management, that is, primarily economics, psychology and sociology to investigate the debate relating to the use of these techniques and to place these techniques in their historical and organizational context. Through this combination of technical, theoretical and historical perspectives we will systematically examine the complex relationship between governance and control in organizations. Each session will include a lecture introducing the topic and a case providing participants the opportunity to apply concepts relating to the topic.