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VIDEO SEMINARS - BBA/BBM SERIES
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MGT401 Financial Management
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Module Description and Learning 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.
Learning Outcomes:
- 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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MGT404 Managing Information Systems
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Module Description and Learning Objectives:
This module allows the student to appreciate the fundamentals of computer-based information systems (IS) specifically applied to managing business organisations. It will explore the different roles that IS plays and how it creates value for businesses today. The different needs of information and knowledge is also highlighted in the different types of IS available and how it serves these needs in the organisational hierarchy. To be able to match this, the characteristics of an organisation and traditional versus contemporary management approaches are reviewed in the IS perspective. The hardware, software and �liveware� (users) will also be reviewed in this regard. Knowledge management will be studied by exploring knowledge systems, decision support systems and executive support systems in how they procure, process, store, disseminate information for to gain effectiveness, efficiency and competitive advantage. Finally a discussion on the considerations of how to thwart the risks and threats to systems vulnerability will be conducted. This is of grave importance given the greater use of private networks and public networks such as the Internet.
Learning Outcomes:
- Define an information system & distinguish between computer literacy and IS literacy
- Explain the importance of IS today is transforming organization and management
- Identify major management challenges in building & using IS in firms
- Analyze the role played by & relationships between the 6 main types of IS
- Explore how competitive forces and value chain models can help identify opportunities for Strategic IS
- Explain difficulties in building and sustaining Strategic IS
- Describe how firms use IS to enhance quality in their operations, products and services
- Describe specific categories of IS serving each organizational level, examine their value and relationship with each other.
- Contrasts the classical and contemporary models of managerial activities and roles
- Assess the implications of the relationship between IS, organizations and management decision making for the design and implementation of information systems
- Describe computers and information processing
- Describe information systems software
- Understands the concept of managing data resources
- Describe the technology of communication, networks
- Demonstrate how building new systems can produce organizational change.
- Explain how organizations can develop IS that fit its businesses plan.
- Identify the core activities in the systems development process.
- Analyze the organizational change requirements for building successful systems.
- Describe models for determining the business value of information systems.
- Describe the different approaches to systems-building.
- Explain the importance of knowledge management
- Describes the applications useful for distributing, creating and sharing knowledge
- Evaluate the role of artificial intelligence in knowledge management
- Describe how organizations can used expert systems and case-based reasoning to capture knowledge
- Describe how organizations can use neural networks and other intelligent techniques to improve their knowledge base
- Differentiate & describe a decision-support system and a group decision-support system & how they enhance decision making.
- Describe the capabilities & benefits of executive support system
- Describe vulnerabilities of IS - destruction, error, abuse and system quality problems
- Compare general controls and application controls for information systems
- Select the factors that must be considered when developing the controls of IS
- Describe the most important software quality-assurance techniques
- Describe the importance of auditing IS and safeguarding data quality
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