The course provides students with a comprehensive review of the concepts and principles of strategic management. Students will finish the course being able to understand and apply the steps required to create and evaluate business from a strategic perspective.Strategy can be viewed as the art and science of continuously developing new advantages for the firm so that it effectively execute and competes within its chosen position in the market place and successfully achieves top management’s identified objectives, including that of creating value of all stakeholders in the firm. Other topics covered include industry and competitive analysis; strategy and competitive advantage; strategies for competing global markets; and strategies in global Internet era.
This course deals with human behavior in a variety of organizations. Conceptual frameworks, case discussions, and skill-oriented activities are applied to each topic. Topics include communications, motivation, group dynamics, leadership, power, and organizational design and development. Class sessions and assignments are intended to help participants acquire the skills that managers need to improve organizational relationships and performance.
Compensation management is key to the total HRM system. It plays an important role to obtain, retain and motivate people. A good compensation management system adds value to the competitiveness of the company by helping companies to attract good talent and motivate them to work towards the goals of the company. It’s necessary for managers and HR professional to understand what compensation is about and how to design an effective compensation system.
In this present world of globalization, changing patterns of inequality in modern societies and stiff business competition, it is important to have an understanding of society, industry, labor, human relations and management. Through the course, students will better understand the actual problem situations in organizations from sociological perspectives.
This course will expose you to business terminology, concepts, and current business practices. We will help you establish a viable business vocabulary, foster critical and analytical thinking, and refine your business decision-making skills. You will acquire these skills by the reading materials, exercises, and research assignments that simulate today's workplace. By delving into the five units of this course, you will fine tune your direction and choice of career in business.
Since your education should help you contribute and compete in the global business environment, we will also focus on multicultural aspects of markets and business. We will examine how the business models other countries adopt often reflect their most salient characteristics.
Macroeconomics is a branch of economics dealing with the performance, structure, behavior, and decision-making of an economy as a whole. This includes regional, national, and global economies.
Macroeconomists study aggregated indicators such as GDP, unemployment rates, national income, price indices, and the interrelations among the different sectors of the economy to better understand how the whole economy functions. They also develop models that explain the relationship between such factors as national income, output, consumption, unemployment, inflation, savings, investment, international trade, and international finance.
This course will cover about the protection of workmen and employers and their trade union, rights of employee and employers towards the industrial action, causes of trade disputes, collective bargaining, representation on dismissal and investigation and inquiry for the disputes.
The course exposes students to human resource management (HRM) functions. All future employees and managers need to understand HRM functions and issues. It is believed that all aspects of HRM – including how companies interact with the environment: acquire, prepare, develop, and compensate employees; and designed and evaluate work are important knowledge to employees and managers to help the companies meet their competitive challenges and create value.
Managers must develop an understanding of the dynamics of their industries, the trends in other aspects of the organisation’s external environment, and the organisation’s internal strengths and weaknesses. They must be able to think creatively so that they can craft their strategies to develop a source of competitive advantage for their organisations. This is a capstone course that aims to expose students/managers to the topics relevant to managing their businesses strategically even in a turbulent environment. Topics covered include the analysis, development, implementation, control and evaluation steps in the strategic management process.
This course is important for investment functions and explains the nature of the decision-making process considering the returns and risks of investment. This course helps in the application of knowledge of portfolio management, corporate finance, risk management and asset allocation.
As future business graduates, the students need to know the range and complexity of the internal and external influences on business including social, cultural, economic, political, legal, and technological dimensions. The course is designed to fulfill those needs and make the students equipped to meet the challenges of the modern business world.
Managers need to understand the factors contributing to the diverse and complex international business environment because all companies, domestic or multi-national, are influenced by forces of globalization. This course teaches you how to evaluate competitive issues that affect firms competing internationally as they expand offshore or face non-domestic competitors at home base. It addresses the influence of global competitive forces and the resources needed to compete effectively in global markets and you will learn to develop identify opportunities for competing internationally.