Core, Stream Core and Capstone Courses

To manage employees effectively, building a foundation for understanding fundamentals and dynamics of human behavior in organization is essential. A focus of this course will be on how individuals, groups and organizational contexts would impact effectiveness, efficiency and success of organizations dealing with global issues. The main objective of this course is to help students acquire perspectives of how individuals, teams and the entire organization would behave and how an individual employee may experience, interpret, function effectively in organizations with diversity.

The trend of globalization in business requires organizational members, especially managers, to work effectively with international assignments, to collaborate with cross-cultural teams, and to manage the increasingly diverse workforce, business partners, customers and clients. Therefore, managers need to acquire unique cultural competencies that go beyond traditional managerial competencies and manage conflicts effectively. The main objective of this course is to provide students with a solid basis for developing such cultural competencies, so they can understand the challenges that might occur while working abroad, the principles of effective cross-cultural management and conflict resolution. The course aims to develop an understanding of key cultural differences, and how these differences influence the management of individuals, teams, and organizations.

Entrepreneurship has long been acknowledged as critical to multinational corporations (MNCs). The concept of entrepreneurship in MNCs refers to the development of new opportunities and business models within large global firms, leading to the enhancement of global competitive position and the organizational profitability of MNCs. This course aims to provide an overview of entrepreneurial processes by focusing on the dynamics of how the sequence in which multidimensional actions can be effectively enacted so as to more likely achieve positive outcomes in multinational corporations. Entrepreneurship in established companies has now become very complex. Students will learn to appreciate and build business concepts, people, structures, selling, finance, knowledge and operations capacities that enable the successful business creation processes within the MNCs.

Business economics is a branch of economics that applies microeconomic analysis to business decisions. To effectively manage a company, the manager needs to have a good understanding of cost, pricing, market power, competition strategies and internal organization. We will develop these economic concepts and show how they can be applied to managerial decisions. Throughout the course, we will teach students to understand accounting information, and to apply economics to major financial decisions.

This course studies the multinational corporations and the theoretical approaches that have been formulated to explain the growth and operation of this form of business on an international scale. Recent general theories will be considered in a critical manner to allow judgments to be made on their strengths and limitations in the changing global business environment. The emphasis will be on the global business environment and its impact on multinational corporations' strategy, structure, and functions. The main objectives are to examine the strategies that multinational corporations adopt to compete in a global market; to identify the structural solutions for maintaining control over foreign operations; and to discuss human resources management in the international context.

When conducting international business, it is important to understand various industry-level factors that might affect the business performance, and to realize that these factors might operate differently in different countries. In addition, it is critical to come up with a business model that confers advantage over rivals, especially, domestic rivals, in the same industry. This course aims to address these pivotal issues by focusing on formulating and implementing business strategy. As part of the requirement for the capstone course, students will work on group projects of selected industries in selected countries, and have integrative use of the knowledge they gain from the programme.