Re: South Africa UNI:Year 2 The MBA programme structure
Year 2
Strategic and Change Management
Designed to develop flexible strategic thinkers, this module focuses on strategic management concepts, research and theories, as well as organisational change management issues from different strategic viewpoints. Drawing on the theory and practice of organisational change, this module develops understanding and skills in diagnosing change, managing change, and responding to others’ ambitions for change. The module allows participants to integrate ideas and perspectives from other modules within a conceptual framework that considers the context, content and process of strategy and change.
Managerial Finance
In essence a financial market is a forum whereby the activities of lending and borrowing, buying and selling, physical and financial assets and the alteration and transformation of risk takes place. However the global nature of financial markets and the increasing complexity and variety of services on offer can have a significant impact upon the operation of both private and public sector organisations. The impact of these global financial markets on both national and international business is an issue of growing importance. Students taking this module should normally have completed Financial and Managerial Accounting.
Human Resource Management
The module deals with human resources management from both a strategic and operational point of view. It examines the link between the importance of allying human resource management policies and practices to support and reinforce more general business strategies and objectives. At operational level, it explores the design and implementation of procedures to optimise the day-to-day management of people in the organisation. The central focus is on improving the student’s knowledge of critical areas of human resource management so that effective policies for the management of people can be developed and implemented.
Operations Management
Operations Management is one of the three major functions of any organisation and is integrally related to all the other business functions. This module outlines the set of activities that transform inputs into outputs and create value for organisations in the form of goods and services. In addition, there is emphasis on the use of decision-making models and the management of quality.
Global Business Management
This module considers the impact of globalisation on industry structure and competition within national markets, and the influence of national factors on a firm’s potential for competitive advantage in international markets. The module examines international trade theories, government and business, comparative management cultures, and the impact of multinational corporations. The module then moves on to discuss the interaction of culture and corporate activity in different business systems. The overall focus is managing organisations in a global context.
Year 2 (elective)
Business Ethics and Corporate Governance
This module examines the role of business in society and aims to equip the student with a holistic understanding of the ethical nature of business activity. It is intended to help persons who are already in the world of business who face moral dilemmas relating to the world of business. The emphasis on corporate governance policies and procedures provides further knowledge of levels of compliance required by contemporary business managers.
Entrepreneurship and Small Business Management
This module examines the concept of entrepreneurship and its ramifications for business organisations in general. The characteristics of entrepreneurs are examined as well as the role of entrepreneurs and small businesses in the economy. The module also contrasts small business management with corporate management.
Health Care Management
Practitioners and management at all levels in the health care industry face an ever-changing environment. It is therefore necessary to evaluate the current system and develop an integrated system to meet these changing needs. This module is designed to provide managerial and resource allocation skills to health care managers. It integrates the theoretical issues of decision making in the health care industry with economics, management and policy-making principles.
Essential to the process is the ability to cope with risk, resource allocation, organisation of production, human resource development and policy making.
The contents of the module draw on the following:
• The health care industry in the macro-economic environment.
• Key issues confronting health care system as a whole.
• The economic concepts and principles with specific reference to health care provision and delivery.
• Allocation of resources in the health care industry, funding of health care, budgeting and development skills.
• Health economics and financing in the context of managerial propositions in health care management.
• Uncertainty, risk and health care provision including social health insurance, private health Insurance and medical schemes.
• Managed care and contracting, private/ public mix in health care resource allocation.
• Collecting and interpreting information relevant for decision making, policy formulation, evaluation, review and implementation.
Services Marketing
In the developed world the majority of national wealth and employment relates to service industries. Due to the historical dominance of manufacturing since the industrial revolution, we continue the tendency to view both strategy and operations merely from a production point of view. The main focus here concentrates on areas that differ from production industries, although not to their exclusion. The emphasis of the module is orientated towards service delivery, i.e. at a practical level. The Marketing Management module is a prerequisite for Services Marketing.
Public Sector Management
Public Sector Management is a study of activities in the public sector. It is a subject that deals with topical, real life issues, such as health, protection, education, housing and the environment. A knowledge of Public Sector Management and related skills is of value to all those who are employed by public authorities such as government departments, provincial administrations, municipalities, arbitration boards and research institutes. The syllabus is new and relevant to the challenges facing South Africa at national, provincial and local governmental level, while due cognisance is also taken of international developments and how these may influence government and related issues.
The module is designed to equip the student with both knowledge as well as practical and academic skills. These skills include, among others, the following: decision-making skills, public management and organising skills, public human resource management skills, public financial management skills, problem-solving skills in the public sector, ethics and governance considerations in the public sector, service delivery challenges, strategic management in the public sector and research skills.
Investment and Portfolio Management
This module introduces the key concepts involved in making investment decisions. The investment process starts with security analysis in an attempt to determine whether an individual security is correctly valued in the marketplace. The search for overvalued/ undervalued securities is the key to trading in securities. The module pays particular attention portfolio management. This entails a process of combining securities into a portfolio tailored to the investor’s preference and needs, monitoring that portfolio, and evaluating its performance.