Introduction to Accounting (15 credits)
Explain and interpret financial concepts, principles and practice; Explain and interpret accounting concepts, principles and practice; Understand and critically assess financial statements and accounts of businesses and other organisations; Construct financial statements, accounts and reports using different conventions and techniques; Explain how financial statements and accounts may be used to inform managerial decisions in different countries and organisational contexts.
Introductory Economics (15 credits)
Apply economic models to analyse the economy and its participants; Deploy techniques of economic analysis within a problem solving context; Analyse the firm’s choice of inputs and outputs in various types of markets; Use good insight into the foundation and role of consumer demand function; Define the main concepts/economic indicators and describe the models and methods used in economic analysis; Analyse the role of the government; Analyse the effect of exogenous shocks on the economy; Construct focused arguments based on coherent general principles.
Management and Society (15 credits)
Understand and communicate contemporary issues confronting international businesses and its relationship to the society; Analyse and present the complex ethical, ecological and social responsibilities of management and the various organisational challenges in dealing with them; Demonstrate a critical understanding of the impact of globalisation on international businesses; Understand and evaluate the links between contemporary management decisions and the way it shapes up the social contexts, local, regional and global societies; Evaluate and apply key concepts and theories learned.
Organisational Behaviour (15 credits)
A thorough knowledge of the basic theories and principles that underpin organisation behaviour. An ability to apply these principles to understand the sociological, managerial and psychological factors that underpin organisational behaviour. A critical understanding of the factors that shape and change organisational structures. An understanding of inter-organisational relationships and networks. A critical understanding of how such factors as identity, leadership, motivation, decision-making, and creativity affect organisations. The ability to critically apply standard theories of organisational behaviour to non-standard or cross-cultural environments. An ability to apply the above to practical case studies of management and assess their effect on organisational performance.
Principles and Management of Marketing (15 credits)
Show an appreciation of the principles of marketing; Show an appreciation of the scope of marketing as a management discipline; Understand marketing as a social enterprise; Understand the various skills needed by the marketing manager in different contexts; Demonstrate an ability to explain and interpret marketing practice; Understand the strategic functions of marketing.
Principles of Management (30 credits)
The objectives of organisations; The core functions of management; The combination of core functions via strategy and planning; The external economic and regulatory environment; How internal and external factors combine to shape organizational performance; Empirical applications based on quantitative analysis and case studies.
Quantitative and Analytical Techniques for Managers (15 credits)
Demonstrate knowledge of hypothesis formulation and specification; Understand basic probability theory and its application to econometrics; Apply and interpret the classical linear regression model to time series and cross-section data; Understand the assumptions of the classical linear model and the effects of violation of the assumptions; Apply diagnostic tests; Understand the problems of multicollinearity; heteroscedasticity and autocorrelation; Use and interpret models/techniques that correct for autocorrelation, heteroscedasticity and multicollinearity; Use and interpret regression models for qualitative and binary data; Understand the distinction between correlation and causation and of the problem of simultaneity; Show an appreciation of the limitations of quantitative analysis applied to complex systems of relationships that characterize many management and economic problems.
Born Global Companies (15 credits)
Define, explain, and appropriately utilise key terms, models, concepts and theories as they pertain to the born global companies; Discuss key management debates (including ethical issues), theoretical challenges, developments, tensions and contradictions within the born global businesses; Management of fund raising; Innovation and knowledge management; Understanding how to deal with the dynamic changes and technological disruptions; Understanding regional specificities and regional socio-cultural concepts, changes and challenges and its adaptation to the global context and their adaptation to global context; Understand ethical concerns, regulatory compliance and securities laws for start ups.
Business Ethics and Corporate Social Responsibility (30 credits)
Principles of ethics. Ethics and the role of the firm. Ethics and firms’ management structure and strategy. The relation between ethical principles and individuals’ decisions in management. Critical evaluation of concepts of business ethics. Applying ethics in problem-solving through case studies.
Fintech in International Business (15 credits)
Define, explain, and appropriately utilise key terms, models, concepts and theories as they pertain to the fintech in international business; Discuss key management debates (including ethical issues), theoretical challenges, developments, tensions and contradictions within the fintech in international business; Understand advanced technologies, Artificial Intelligence (AI) and blockchain use cases in China, Africa, US, Europe and other jurisdictions; Fund raising case studies for Fintech in US, UK, European, Japanese, Middle Eastern countries “the fintech Revolution” and the vast social implications of advanced technologies to micro small and medium sized enterprises (MSMEs);
Understand and Appreciate the issues of socio-cultural, economic and environmental changes and challenges brought by Fintech revolution; Understand the role of consumers and customers within the concept of fintech in the context of business to business, business to customer, customer to business and customer to customer relationship; Understand market adoption of fintech, specifically focusing on changing consumer culture; Understand regulatory compliance and securities laws for start ups and best practices of regulatory sand boxes; Explore the forces and dynamics of business disruptions, society reactions and consumer (dis) empowerment and (dis)empowerment within the course of action.
International Business Strategy (15 credits)
Analyse the issues pertaining to foreign direct investment (FDI). Analyse the advantages and the disadvantages of the different modes of firm internationalization. Analyse in detail the role of multinational firms and the issues related to outsourcing and offshoring in emerging countries.
International Marketing 1: The Environment (15 credits)
Appreciate the principles of international marketing; Appreciate the scope of international marketing as a management discipline; Understand how consumption is influenced by factors in the environment, in particular by culture; Understand the functions of international marketing; Demonstrate an understanding of the various skills needed by the international marketing manager in different environments; Explain and interpret international marketing practice.
Managerial Economics (15 credits)
Understand the basic principles of micro and macroeconomics; Apply economic principles to business situations; Understand the role of economics in managerial decision-making and public and private decision making; Understand the principles of strategic interaction and competition and apply them to business strategy formation; Understand the impact of macroeconomic forces, such as trade, growth and globalization, on business performance and the wider economy.
Qualitative and Case Study Research (15 credits)
Read published qualitative research in international business; Read and learn from published case studies; Conduct their own qualitative research; Understand the functions of case studies; Develop their own case studies.
Corporate Governance (15 credits)
Outline and discuss the key legal, political and economic features of the major corporate governance systems found around the world; Analyse how corporate governance systems influence performance, including both the performance of individual firms and the allocation of capital within a country; Discuss the evolution of diverse ownership and governance structures across different economies; Evaluate theories of the firm, and explain how they are relevant to the diverse range of ownership structures that exist in reality; Address such practical questions, as how should the board of directors and executive teams be composed; how should executives and board of directors be remunerated given the legal, political and economic framework in the country; how do CEOs decide about the mix of debt and equity finance and how does the mix affect their discretion and control over cash flow? Explain why the quality of corporate governance is relevant to capital formation; Discuss the moral and social responsibility dimensions of corporate governance; Describe why systematic failure of corporate governance can lead to failure of confidence that could spread from individual firms to entire markets or economies.
Finance in China (15 credits)
Understand why the Chinese finance system is different from other financial systems elsewhere; Apply standard corporate finance theories to Chinese firms and explain why Chinese firms may behave differently from firms in mature market economies; Obtain updates about the most recent development in Chinese capital markets such as the corporate bond market, private equity, and the shadow banking system in China.
Financial Strategy (15 credits)
Understand the role of financial choices in corporate strategy; Understand the principles underlying financial decision making in firms; Evaluate the principles in the light of evidence on firms’ financial strategies and decisions; Apply principles to financial strategy in actual case studies; Compare firms’ financial strategies across countries and historic periods; Critically discuss the problems and limitations of financial strategy techniques.
Forensic Accounting (15 credits)
To evaluate the role and appraise the processes of the forensic accountant acting in support of litigation as an expert witness or primary investigator; To appraise and apply the theories and practices of valuation in support of litigation within a series of given situations; To critically evaluate the practices of fraud investigation and detection within a series of given common fraudulent scenarios; To review and evaluate the development of cyber crime and critically examine mechanisms to detect and discourage such activities; Demonstrate effective use of information technology for research and presentation purposes and make appropriate use of learning resources;
To demonstrate the ethical position and duties of an accountant acting as an investigator of criminal activities; Critically evaluate the nature and possible reasons for fraud, defalcation and misrepresentation in both paper and electronic forms; Appraise and critically review different methods of detecting, preventing and controlling frauds, defalcation and misrepresentation; Develop investigative skills to collect, analyse, and evaluate evidential matter and to interpret and communicate findings; Use both quantitative and qualitative techniques in order to analyse and evaluate issues relating to financial valuation in areas such as purchases of business, valuation of divorce assets, valuation of damages to business properties and calculation of lost profits; Critically evaluate the provisions of common law, civil laws and criminal laws on different kinds of financial crimes; Competences and skills necessary in court cases relating to disputes and litigations.
International Human Resource Management (15 credits)
Appreciate the functions of human resource management (HRM); Appreciate the functions of HRM in an international context; Explain and interpret HRM concepts, principles, and practice; Predict and explain some of the main problems that occur in international HRM; Understand the importance of the strategic functions of HRM; Demonstrate introductory knowledge of the practical management of HR.
International Marketing 2: Global Markets (15 credits)
Demonstrate an appreciation of how international business responds to globalism; Understand global markets; Understand how strategic planning influences marketing; Demonstrate knowledge of the various skills needed by the brand manager working in global markets; Explain and interpret global marketing phenomena; Demonstrate satisfactory understanding in order to embark upon a career in global marketing.
Independent Study Project in International Management (30 credits)
Write extended prose; Select and read relevant academic and other materials; Plan and develop a sustained train of logical thought; Think critically and with some originality; Show detailed understanding of theoretical issues; Show a rigorous and critical use of data.