Global Business Economics and Finance
The large majority of businesses today operate in a variety of economic environments and their leaders must make economic decisions taking into account market specific information. This module covers the most essential analytical tools required for economic decision making such as: the concepts of economic systems, profit and utility maximisation, demand elasticity, market equilibrium, market structures, macroeconomic objectives, government policies’ (monetary, fiscal and trade policies) tools and their impact on businesses etc.
Businesses also require funding from shareholders and lenders at the outset and subsequently need to profits and positive cash flows for investment. They are in competition with other businesses for funding, just as much as they are competition for labour and market share. On this course, you will learn to evaluate the advantages and disadvantages to the business of a range of sources of finance. You will also learn how managers report on the financial affairs and financial position of the business and how financial reports can be analysed to evaluate business performance.
Global Logistics and Supply Chains
This module applies key concepts of logistics and supply chain management to provide you with an understanding of the strategic and operational roles of logistics in the global business environment.
Emphasis is placed on global and pan-European systems for materials sourcing and product distribution, to enable you to learn how businesses configure their supply chains to compete in today’s major trading blocs. Early topics identify key issues in global logistics and contrast international and domestic logistics systems. Subsequent topics explore the main components of global supply chains and the
logistics activities involved in their management.
The module begins with an introduction to the characteristics of global logistics and a discussion of the role of logistics in international business. The module then covers the development of international trade, regional trading blocs and the logistics implications. The rise of global marketing and global logistics is then addressed in the context of the international business environment, requiring the management and operation of inbound supplies and sourcing, manufacturing, global distribution channels, international
transport and international order management. Contemporary issues arising out of the former that will be explored in the latter part of the module include the rise of e-logistics and new developments and organisational issues in developing European and global logistics systems.
Leading Strategic Decision-Making
The module will cover the following content:
- Organisation Strategy and Strategic Leadership
- Determining the Strategic Direction: Mission Vision and Values
- Strategic Decision-making in Practice
- Transformational Leadership Approaches and Emotional Intelligence
- The Leader-Follower Relationship
- Team Leadership
- Strategic Decision-Making in Innovative Contexts
- Creating Systemic Innovation
- Authentic and Sustainable Leadership
- Resources and Capabilities
This module focuses on student professional development through working with students to develop their understanding of the practise of continuous professional development (CPD) for managers/leaders. A CPD system, informed by the Chartered Management Institute’s ‘Chartered Manager Skills’, is used as a core development tool throughout the programme. In addition, the key generic skills areas which underpin effective managers/leaders performance, are covered in practical workshops – personal and professional development, team building, oral and written presentation, networking, critical thinking, problem solving and defending ideas. The practicalities of undertaking a research project in the field of business and management at postgraduate level is also a core part of this module – a range of research approaches, qualitative and quantitative methods and data analysis techniques are included. There is also emphasis on placed on maximising the impact of research results in the practical business environment.
Management and Organisational Change
The material covered in the module relates to two broad areas of study: the examination of organisational behaviour, including attitudes, perception, motivation, groups, teams and leadership; and understanding managerial processes, and the development of skills important in the management of people and processes - such as corporate social responsibility. Change management is increasingly important and therefore you will examine the topic by looking at both incremental and transformational change, and the importance of power, politics and conflict.
Focusing on the behaviour of people in a work environment the module places an emphasis on understanding the vital role and importance of people in the change management process. You will develop an understanding of the dynamics of working organisations in a rapidly evolving business environment, specifically the significance of organisational culture. This in turn develops your ability to plan and carry forward sustainable system-wide change programmes.
One of the most significant issues a manager faces when attempting to create a successful organisation in today’s fast changing technologically driven business environment is the management of innovation. This module is about the management of innovation and in this module you will learn how to manage it in a practical way. You will do this by examining, discussing and critically evaluating, in detail, both the theory and practice of innovation management in some of the world’s most innovative organisations. You will, during this learning process, in addition to honing your analytical skills, be encouraged to create an extensive ‘toolkit’ which you could use when managing innovation in your future career.
Principles and Practice of Marketing
The module will explore key marketing management principles and theories with a focus upon practical marketing management issues. Within PPM, we will step through levels of the organisation, from corporate level, through business level, and to operational level. This approach will allow the student to view and evaluate organisational decisions across the organisation and understand issues of communication, culture, and change management amongst others. The first section of the module will consider Marking Planning incorporating elements of environmental scanning, developing and setting organisational and marketing objectives, and developing organisational and marketing strategy. Later sections of the module will focus upon marketing implementation which includes elements of media decisions, operations management, and marketing measurements.
Applying this knowledge, you will critically evaluate the macro and micro environment for the launch of a new product or service, identify appropriate strategies, logistics, pricing and communications, and outline ways of evaluating and measuring success.
Research Skills for Managers
The content of this module is informed by the Chartered Management Institute’s ‘Chartered Manager Skills’, as well as the academic requirements of the MBA programme. The focus of this module is to develop critical thinking and problem solving skills to prepare you for a range of challenges in your academic and professional career.
Specifically, the emphasis is on developing research skills that will equip you with the expertise to undertake relevant and topical research allied to your MBA Project. The core material covers:
a) critiquing academic and practitioner research from a range of published sources,
b) developing tools and techniques for writing a critical literature review,
c) methodological considerations,
d) research design,
e) research ethics,
f) qualitative and quantitative methods of data collection,
g) manual and computer-based techniques of data analysis and,
h) evaluating and communicating your research.
* These are indicative only and reflect the course structure in the current academic year. Some changes may occur between now and the time that you study.