Determinants of Value
Subject BUSA90065 (2014)
Note: This is an archived Handbook entry from 2014.
Credit Points: | 50 | ||||||||||||
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Level: | 9 (Graduate/Postgraduate) | ||||||||||||
Dates & Locations: | This subject has the following teaching availabilities in 2014: June, Parkville - Taught on campus.
Timetable can be viewed here. For information about these dates, click here. | ||||||||||||
Time Commitment: | Contact Hours: 120 hours Total Time Commitment: Not available | ||||||||||||
Prerequisites: | None | ||||||||||||
Corequisites: | None | ||||||||||||
Recommended Background Knowledge: | None | ||||||||||||
Non Allowed Subjects: | None | ||||||||||||
Core Participation Requirements: |
For the purposes of considering request for Reasonable Adjustments under the Disability Standards for Education (Cwth 2005), and Student Support and Engagement Policy, academic requirements for this subject are articulated in the Subject Overview, Learning Outcomes, Assessment and Generic Skills sections of this entry. It is University policy to take all reasonable steps to minimise the impact of disability upon academic study, and reasonable adjustments will be made to enhance a student's participation in the University's programs. Students who feel their disability may impact on meeting the requirements of this subject are encouraged to discuss this matter with a Faculty Student Adviser and Student Equity and Disability Support: http://services.unimelb.edu.au/disability |
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Subject Overview: |
Data & Decisions II: This component builds on the fundamental data analysis skills and techniques used in contemporary business and management covered in Data & Decisions I. The key skills developed in the course are Excel familiarity, data manipulation and the ability to produce and quickly interpret statistical output. Ethical Leadership: The aim of this course will be to develop your skills in the application of moral reasoning in the analyses and solution of ethical problems confronted by leaders. The course is structured so that you move through a progressive mastery of each of 4 Stages of Learning: Knowledge, Static Problem Solving, Dynamic Social Problem Solving and Leadership. Given the limited time, we will focus on two forms of moral reasoning – Kantianism and Utilitarianism. These are the two most commonly used forms of moral reasoning in work organizations. Other forms will be mentioned but not covered in detail. Financial Accounting II: The goal of Financial Accounting and Analysis across Modules 1 and 2 is to help you advance from someone who probably has very limited knowledge of financial accounting to someone who is accounting literate. At the conclusion Module 2, you should be able to read, interpret, and, to some extent, analyze real-world financial statements, as well as be able to hold a meaningful conversation about accounting with someone knowledgeable about accounting Financial Management II: This component builds on the Finance I component in the subject, Executive Management 1, and is designed to provide students with advanced knowledge of financial management. This knowledge provides the basis for funding a firm’s investments and using its resources efficiently. The topics covered include:
Global Business Economics: Economics of Globalisation considers the external factors that impinge on business organisations, including matters of taxation, regulation, exchange rates and government action. This component addresses four critical areas in global business economics;
Market Access Strategy: In this subject we will study how firms identify and access markets to create value. Consistent with current trends, the material in this subject is primarily embedded in the context of 1) service industries, 2) emerging markets, and 3) emerging technologies. Successful market access strategies involve the management of “inter-firm” relationships such as outsourcing arrangements, strategic alliances, and hybrid arrangements such as franchising. Inter-firm relationships between buyers and sellers create value by providing companies with access to customers and markets. Typically, companies use at least one route to access potential buyers, convert them into customers, fulfill their orders, and deal with post-purchase service issues. Managerial Judgement: The brain is a truly amazing biological machine, moulded through millions of years of evolutionary pressure. More recent changes in human history have created a gap between the world for which our brains were designed, and the world in which we actually live. This mismatch is played out in many aspects of management and leadership. We suffer from strong biases that hinder good decision-making, and we often fail to develop realistic perceptions of others and of ourselves. Fortunately, scientists have generated a great deal of knowledge that allows us to identify these deficiencies and to find remedies for them. These sessions are based on long-standing psychological research as well as state-of-the-art neurobiological research that sheds light on the obstacles we face when making decisions. By discovering the roots of many of our biases we can also learn remedies to these problems so that we can avoid pitfalls in decision-making. Organisational Behaviour: This course extends participants’ existing background and awareness of the problems involved in managing people by providing structured exercises, cases, and discussion of leading in organizations. The course is based on the assumption that as working professionals, participants already have some fundamental awareness of issues related to managing people. The course will build on that background to extend participants’ theoretical knowledge and applied skills |
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Learning Outcomes: |
Data & Decisions II:
Ethical Leadership: To develop your moral reasoning skills to the point that you are able apply Kantian and Utilitarian moral reasoning in the discussion, analysis and solution of ethical problems in your leadership role at work and in your personal life. Financial Accounting II: The goal of Financial Accounting and Analysis across Modules 1 and 2 is to help you advance from someone who probably has very limited knowledge of financial accounting to someone who is accounting literate. By the end of Module 2, you should be able to:
Financial Management II: On completion of this component students should:
Global Business Economics: On completion of this component students should:
Market Access Strategy: This course is designed to provide systematic and integrative managerial approaches for developing and implementing successful market access strategies that create value. It brings together the sharpest concepts and methods for the practicing manager. By using a variety of case studies and in-depth company analyses, the course focuses on the optimal application of tools and techniques across a variety of service and non-service industries such as outsourcing services, financial services, retailing, and electronic commerce. Managerial Judgement: To better understand:
To use this knowledge to make better managerial decisions, be a more effective leader, avoid mistakes where possible and learn from mistakes that are made. Organisational Behaviour: After successfully completing this course, you will be able to:
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Assessment: |
Data & Decisions II:
Ethical Leadership:
Financial Accounting II:
Financial Management II:
Global Business Economics:
Market Access Strategy
Managerial Judgement:
Organisational Behaviour:
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Prescribed Texts: | None |
Breadth Options: | This subject is not available as a breadth subject. |
Fees Information: | Subject EFTSL, Level, Discipline & Census Date |
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