Intended Learning Outcomes (ILOs):
A. Knowledge and Understanding
A1. Concepts and Theories:
- Demonstrate critical Knowledge and understanding of concepts and specialist theories related to functional areas of business such as management, marketing, finance, accounting, economics and management information systems.
- Display a detailed and integrative view of various management functions in a business organization specifying the components and their interdependencies.
A2. Contemporary Trends, problems and Research:
- Have extensive detailed knowledge and awareness of major current business issues and latest trends and research findings in the field, including identification of best practices.
- Use advanced skills to undertake research or investigation into business problem using specialized research methods and techniques.
A3. Professional Responsibility:
Have extensive detailed knowledge and understanding of the professional and legal responsibilities related to day-to-day vocational practices and operations of a specialist in a given business field in various industries.
B. Subject-specific skills
B1. Problem Solving:
Use specialized range of quantitative and qualitative methods and tools (e.g forecasting, balanced scorecard) to analyze and solve functional-area-business problem situations.
B2. Modeling and Design:
Apply a range of standard and specialized research models and methods (e.g. sensitivity analysis, simulation) to capture real-world complexities in business.
B3. Application of Methods and Tools:
- Use a range of software (e.g. Microsoft EXCELTM, SPSS) to analyze quantitative problems in business.
- Probe into a business problem (Management, Marketing, Accounting, Finance, ITMA, Economics, etc,.) using specialized methods/ techniques and interpret the obtained results
C. Critical-Thinking Skills
C1. Analytic skills:
- Critically analyze and evaluate (e.g. SWOT analysis, external and internal analysis) real-world business cases and prioritize problems in order to identify possible solutions.
- Critically evaluate and synthesize data and draw inferences for decision making in different business situation.
C2. Synthetic Skills:
Utilize data and information from a variety of sources (e.g. critical analysis) to conceptualize, define and formulate new business strategies and solutions to deal with complex business situations.
C3. Creative Skills:
Demonstrate creativity and originality both in the application of knowledge and in the development of solution to complex business problems and issues.
D. General and Transferable Skills (other skills relevant to employability and personal development)
D1. Communication Skills:
- Communicate effectively complex ideas and information in the functional areas of business to well-informed audiences and specialists using oral and written formats.
- Demonstrate professional levels of insight, interpretation, originality and creativity to complex business situation.
D2. Teamwork and Leadership:
Work effectively as a team member or leader in order to complete project according to deadlines.
D3. Organizational and Developmental skills:
- Employ reflective practice skills for self-development as part of a wider program for continuing professional development.
- Operate at a professional level in variable and complex business contexts.
D4. Ethics and Social Responsibility:
- Utilize current ethical standards and social norms to inform decision-making within the framework of solving business problems.
- Demonstrate ability to respond to ethical challenges and conduct business transactions according to ethical norms.