Master of Business Admin

Principles of Microeconomics introduces the students to the basic understanding of microeconomic principles. Microeconomic principles and concepts focus on the individual economic units such as the households, firms and market structures. Topics include theory of the firm, factors of production, supply and demand, price determination and elasticity. Other topics may include market failure and remedies, externality and international economics.

Principles of Macroeconomics is divided into two parts - Macroeconomics and International Trade. Both parts are also divided into topics or units. In Macroeconomics, we look at fiscal and monetary policy as well as some materials on business cycles. In International Trade, we look at reasons for trade and the impact it has on the domestic economy as well as the inter-relationships between the domestic economy and the value of the currency on international exchange markets.

Financial Accounting is one of the two accounting courses offered, the other being Managerial Accounting. Financial Accounting describes the set of rules, objectives and standards a business entity follows in allocating and utilizing its resources. Among the concepts students would learn are: basic book-keeping techniques, financial statements and analyses, capital assets, capital budgeting and asset management, debt, equity, depreciation, credit and cost of capital. The course is oriented to the end users of financial accounting data rather than the people preparing the data.

Managerial Accounting is the other arm of the accounting courses. Managerial Accounting delineates the conventional accounting methods used by management for internal reporting in the process of business planning, implementation and control. Emphasis is on economic information relating to resource allocation, costs, assets, expenses, revenues, profitability, income and value of the firm. Other contexts in which managers use accounting information such as product costing, pricing, product emphasis, and performance evaluation, are also treated.

Principles of Finance deals with the roles and functions of financial managers operating in a modern business. Issues include financial statements and analysis; cash-flow forecasting and limitations; time value of money, bond and stock valuation; capital budgeting; acquisition of funds through borrowing, stock issues and internal means; dividend policy; leasing, mergers and acquisitions and international aspects of finance environment. Other concepts covered are financial risk, market risk, product development risk and the impact of risk on returns.

Corporate Finance presents extensive and in-depth understanding of capital market theory and valuation of risky assets, capital budgeting and long term financing, dividend policy, working capital management, derivatives and risk management, multinational financial management, hybrid financing, mergers, divestitures and holding companies.

Managing New Product Development is designed to help managers conceive, develop, and launch successful new products. Innovation and new product development are important activities in almost every industry. However, the fast pace and volatile competitive circumstances prevailing in the Information Technology and Telecommunication industries make successful management of technological innovation a matter of survival. This course introduces managerial frameworks, processes, and tools that have been helpful in introducing successful new products under competitive circumstances.

International Business is an in-depth course which covers the conception, development, implementation and management of international strategies in the global economy. The course combines analytical tools and frameworks with findings from international business research and current conditions in the global business environment. The primary motivation for this approach is to provide students with opportunities to apply their analytical skills to real world business issues faced by the top management teams of international organizations.

Technology & Marketing Management exposes learners to the management of marketing in a technological environment. Issues such as, customer value and satisfaction, marketing management and functions, natural and technological environment, political and cultural environment, marketing information systems, marketing research, and consumer and business marketing and buying behavior are treated. The roles of customer satisfaction and quality in customer relationship management are also examined. Learners, at the end will have better understanding of the importance of market segmentation, targeting and positioning for competitive advantage, classification of products, pricing, promotion and implementation, best practices in high technology marketing management and what it means when a company says it's going global.

Business and e-Business Management is an examination of the operational and informational processes required to support the business strategy, including discussions of e-commerce and executive information systems (EIS). The course begins with a high-level examination of the major business processes, it then elaborates on the principles of effective enterprise integration planning and process planning, including subjects associated with executive information systems, knowledge management, e-commerce, quality management, time-based competition, the reengineering movement, and management information systems. The course aim is to expand students knowledge of the creation and management of strategic values through electronization of business. Other topics include value chain through information technology, re-engineering, total quality management, business performance measures, marketing strategies and knowledge management.

Human Resource Management covers the distinguishing factors between strategic and operational elements of human resources. Strategic approaches to human resource management, current human resource issues, legal ramifications, internal labour market and performance evaluation are examined. Broader coverage includes the economic and cultural drivers affecting evolving human resource practice at the level of strategy development and implementation. Job design, recruitment process, education and training, strategies of employee redeployment, HRM in emerging companies; human resource as a strategic decision, workforce diversity, human rights, pay equity, union-management relations; reengineering; organizational learning; managing cross-cultural differences; leadership and teamwork, are all other vital topics covered.

Business Strategy covers the roles of the top management and general managers in designing organizational plans and methods for implementing these plans to achieve organizational goals. Students will learn how these roles extend to defining business strategic vision, mission and objectives; marketing strategies and strategy management process, competitive analysis, corporate capabilities and SWOT analysis and industry driving forces. Other topics include corporate diversification strategies, corporate business portfolio strategy, resource capabilities, budgeting and support policies.

Organizational Behavior and Design begins with the study of individual characteristics such as needs, motives, behavioral style, and attitudes. The course then moves on to group dynamics such as norms, status hierarchies, and social influence. Important areas of study include values and ethics of both managers and the firm, and managing change and innovation. The contents review how forces at the individual, group, and organizational level combine to help or hinder organizational effectiveness. The course addresses the issue of organizational design at a high level relying on theoretical contributions from the behavioral sciences (psychology, sociology, and anthropology), and places a strong emphasis on managerial analysis and decision-making. It is hoped that at the end of the course, the learner will understand the perspectives of Organization as human systems, management challenges, high performance organization, global dimension of organization behavior, work and effort alignment, teams as strategy in the organization, organization design and environmental fit.

Managing People in Organizations sets the stage for understanding organizational leadership behaviour and management. The course further provides a broader coverage of strategic management and organizational structure with emphasis on emerging organization design, high performance organizational culture, effective team building, leadership in knowledge organization, power and internal politics, change and innovation, mergers and acquisition and changing workforce.

IT for e-Business Management covers the practical application of computers in solving business problems, with a focus on the use of business information technology. Students learn Internet business models including revenue generation models; sales on the Internet, advertising, exchanges and costs reduction are exemplified. Other topics include enterprise resource planning, supply chain management, risk and resistance, and the use of IT to integrate business models with customers and suppliers.