Course Subject Descriptions
Managerial Accounting & Control
The course is designed to provide the student with the training and fundamentals of accounting and the utilization of the same for financial control and information retrieval purposes. He will be trained in basic accounting, budget construction and analysis, controllership, financial statement analysis and ultimately, forecasting.
Organizational Development
The course explores the scientific approach to the development of an organization and manpower planning.
Human Factors in Management
The course is an introductory survey of the human side of organization covering derivations from individual psychology, interpersonal relations, group dynamics, and organization theory. The emphasis is on the implications of theoretical motions and research findings in psychology and sociology in regards to problems faced by managers and consultants to organizations. The course affords the opportunity for the acquisition of managerial skill as well as intellectual understanding of human behavior through exercises, case studies, class discussions, and readings on such subjects as motivation, perception, influence, interpersonal communication, leadership and control.
Applied Management Science & Statistics
The course is essentially designed to cover the various statistical tools relevant to the analysis and interpretation of business problems including the applications of management models such as linear programming, algorithms, simulation, queuing, network models and market analysis.
Financial Management
This course intends to investigate what an organization invests in, how much it invests, where and how funds for investment are obtained, and how capital markets work. It is mainly concerned with value in the sense that decisions affect the value of the firm among shareholders. Finance is distinguished from other areas of management and economics by a concern with fund flows in the economy and organizations and by the role of time and uncertainty in financial decisions.
Managerial Economics
This course deals with selected topics in both environmental economics of the firm. It examines factors that are related to national income, its components and then variations. In order to develop in the students a deeper insight into the dynamic mechanisms determining the level of economic activity which in turn provides an environment influencing decision made by and within firms, by individual savers and investors, and by all sectors as a whole. It will also consider different forms of competitive behavior, various uses of marginal cost analysis, pricing techniques and profit demand measurement.
Marketing Management
Marketing Management is the decisional approach to the formulation and implementation of marketing programs and strategies through the analysis of market dynamics, customer behaviour, and competitive structures. The course gives substantial emphasis on the economic, social and legal implications of marketing decisions.
Operations Management
This course covers the functions of planning, supervision and control in the production of goods and services. It dwells initially on the principles of production in method analysis, work measurement, wage incentives, plant layout, materials handling and quality control as applied to true-to-life cases.
Business Policy
This integrates the skills learned in the other functional areas of management and trains the student to analyze and make decisions from a general manager’s point of view. Problems and issues involved in establishing major company plans, objectives, strategies and policies, and implementation of these plans will be considered. It also develops a framework for analyzing the total enterprise and the numerous inter-relationships among the various activities of the firm, as well as between the company and its macro-environment.
Business Research Methods
This course covers the application of scientific research methods in business. It includes methods of constructing a questionnaire design, formulating a research design and determining the methods of implementing the design, methods of collecting, assembling and interpreting evidence and deriving hypothesis and conclusions, methods and forms of communicating research studies and guidelines for evaluating studies.
At the end of the graduate program, students will earn a degree of Master in Business Administration Special Management Program (MBA-SMP).The MBA-SMP for managers and entrepreneurs has the following specific objectives:
To provide managers and entrepreneurs the opportunity to acquire formal management orientation and to link this to all the business chances he has acquired in his work experience;
To integrate the managers’ and entrepreneurs’ better understanding of all concepts, principles, and tools relevant to the practice of business management;
To create an atmosphere conducive for a free exchange of ideas with other executives and business leaders;
To develop and sharpen the managers’ and entrepreneurs’ analytical ability in dissecting business problems and opportunities thus strengthening their decision-making skills from the micro level.
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