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UNIVERSITY & PROGRAMS
| BACHELOR IN BUSINESS MANAGEMENT (Supply Chain Management) |
| MGT401 Financial Management |
Objectives :
This module is designed to allow students to: gain a sound understanding of what financial management decision entails by first revisiting basic accounting principles and to demonstrate a knowledge of the workings of time value for money, the qualities and characteristics needed of a financial manager to make sound investment decisions via capital budgeting, working capital, cash flow management, techniques and to describe the main sources financing.
Outcome :
- Describe the strategic objectives of financial management such as the maintenance and creation of wealth and value through sound investment decisions using strategies such as profit maximisation and maximisation of shareholder's wealth.
- Familiarise themselves with basic accounting principles to enable them to interpret the results at a more organisation wide level that will help facilitate sound financial management decisions by analysing issues such as working capital, debt vs equity, value vs cost, financial cash flows.
- Describe the importance of the concept of time value of money by familiarising themselves with concepts of annuities, compound annuities, present value of annuities, and perpetuities.
- Describe and analyse the qualities needed to be a financial manager and the characteristics needed to make sound financial decisions through techniques such as capital budgeting, net present value (NPV), working capital requirements, cost-benefit analysis / ratio, cash flow management, internal rate of return (IRR), accounting rate of return (AROR).
- Describe the sources of finance, both long and short term : the capital market, primary and secondary markets; the stock exchange; equity capital; issuing shares; share options; loan capital; debentures; preference shares; warrants and convertibles; bank loans; swaps and other sources of finance.
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| MGT402 International Business Management |
Objectives :
This course covers the role and challenges of management in the international environment. The principal aim is to provide students with the requisite knowledge and skills that will enable them to manage in a complex and foreign business environment. This course also provides an overview of the international economic and cultural environments in which international businesses have to operate.
Outcome :
- Provide an introduction to international management issues
- Provide an overview of the economic, political, legal and cultural environment
- Examine strategies for international competition
- Examine modes of entry into foreign markets
- Discuss international collaborative initiatives
- Review strategic formulation and implementation policies for international markets
- Discuss communication, negotiation and leadership issues across borders and cultures
- Issues involving international human resource management
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| MGT403 International Marketing Strategies |
Objectives :
To enable students to acquire expertise in developing marketing strategies for countries other than their own and thereby to extend their range of marketing understanding, both to deal with international marketing situations in non-domestic markets and the impact of international competitors on the domestic market.
To promote an understanding of the factors determining the extent to which standardization in strategy and implementation is appropriate for success in international markets.
Outcome :
- Understand the changing nature of the international trading environment.
- Understand the differences in business and social/cultural conventions which affect buying behaviors and marketing approaches in international markets.
- Differentiate between marketing strategies appropriate to industrialized, developing and lesser developed economies.
- Identify sources of information, methods of information collection and methods of information analysis suitable for international markets operations.
- Compare and contrast strategies for export, international, multinational and transnational marketing.
- Identify the major organizational changes to be made when a company moves from national to international marketing to global marketing.
- Evaluate the factors which influence the implementation of a product, price, distribution and marketing communications mix in non domestic markets.
- Evaluate the suitability of specific international marketing strategies.
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| MGT405 Electronic Business |
Objectives :
This module will enable students to understand and appreciate the new and different electronic based business models implemented on the Internet. It will study the evolution of traditional "brick and mortar" businesses to e-businesses and the drivers that have caused this transformation. This new technology has also presented opportunities for entrepreneurs to enter mainstream economy quickly and affordably. Students will explore using the Internet to do marketing, make monetary transactions and the necessary security precautions to take. Students will also explore the need to be socially responsible in reaching out to the physically challenged and providing them with greater accessibility.
Outcome :
- To discuss the decision to design, build and maintain a e-business website to enhance a visitors experience.
- To explore various methods of conducting online monetary transactions.
- To understand the technology of wireless devices.
- To understand the basic concepts of Internet security.
- To explore various marketing strategies.
- To learn how affiliate program work.
- To understand the importance of e-customer relationship management.
- To discuss the development of the Internet and the global economy.
- To understand the importance of making your web site accessible to people with disabilities.
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| MGT407 Business Research |
Objectives :
This course provides an introduction to the methodology of research in the context of business and commerce. The focus will be on issues such as: topic selection, problem definition, development of research questions, theory construction, research design, and selected data collection tools. The course is directed at research students who wish to learn about designing and conducting research in the disciplines represented in business and commerce. Students will be expected to develop an understanding of the key components of the research process, as well as the application of research methods appropriate to particular research questions.This course also provides an introduction to basic data preparation and analysis, measurement and operationalisation of variables, and bivariate analysis.
Outcome :
- Describe the processes involved in topic selection, problem definition and the development of research questions;
- Evaluate the role of literature review and theory construction in research;
- Analyze alternative approaches to research design and methodology;
- Demonstrate the skills necessary to write research proposals and papers;
- Demonstrate some basic skills necessary to prepare and analyze data;
- Synthesize the learning from the previous objectives by writing a research proposal.
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| MGT408 Human Resource Training and Development |
Objectives :
This module touches on the importance of staff development. Students need to understand that in the dynamic workplace environment today, employees' roles have expanded to cover areas that were meant for managers. This means that staff today in any organisation needs to develop themselves to be multitasking individuals and this requires the development of people skills. Development can be achieved through; education, training, and sharing of job experiences, interpersonal relationships, skills and attitudes all meant to change behaviour to desirable levels. An organisation' involvement in staff development activities varies according to the business conditions; their staffing strategy, and other internal organizational characteristics. External trends and developments in training and development and new technologies that affects future trainers and training in organizations must also be considered.
Outcome :
- Obtain an overview of what is involved in training and development in organisations.
- Understand the need to align strategic planning with training and organizational development.
- Appreciate the importance of learning and its connection to organizational performance.
- Review the linkages between motivation, training and development with performance.
- Understand the need for training needs analysis.
- Appreciate the intricacies of training design and implementation.
- Understand the basic structure and criteria needed for training evaluation.
- Use a variety of training methods for different circumstances.
- Be exposed to the latest trends and developments in training.
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| MGT409 Managing the Contract and Supplier Relationship |
Objectives :
The module allows students to understand and learn about the contemporary supply chain management concepts. It introduces the students to the selection and benefits of suppliers in a supply chain. This module deals with the essentials of a buyer-supplier contract and relationship.
Outcome :
- Understand the concepts of supply chain management
- Apply the concepts to selection of vendors / suppliers
- Understand the essential parts of a supply contract
- Evaluate suppliers
- Establish a better relationship between supplier and buyer
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| MGT410 Vendor Selection and Development and Inventory |
Objectives :
The module allows students to understand and learn about the contemporary supply chain management concepts. It introduces the students to the selection and benefits of suppliers in a supply chain. The concepts of JIT, value engineering and EOQ are given to illustrate the importance of inventory management and lean inventory to a firm seeking bigger profit margins and survival through the elimination of waste in the inventory.
Outcome :
- Understand the concepts of supply chain management
- Apply the concepts to selection of vendors / suppliers
- Understand and apply JIT principles to inventory management
- Understand the calculation of EOQ
- Understand the concept of value engineering in supply chain management
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