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Core Unit Outlines

The following units are core units in the Monash MBA program.

MBA9002 The legal environment of business
An introduction to key aspects of the legal environment in which business operates including the structure of the legal system, the role of legal advisers and the resolution of legal disputes through courts and tribunals.

MBA9003 Economics for managers
Economics for managers is designed to introduce students to the methodology of microeconomics and the tools used by economists in problem solving. The course aims to develop an understanding of the competitive environment facing firms through analysis of varying market structures (oligopoly, monopolistic competition etc).

MBA9004 Accounting for business
This unit examines accounting as an information system. The information requirements of two major groups are examined – external users such as owners, shareholders, investors, potential investors; and internal users such as managers of an entity at various levels of responsibility.

MBA9005 Corporate finance
This unit is designed as an introduction to corporate finance theories and application of theories so that solutions to key financial management decisions of for-profit organisations can be identified. The key financial decisions (capital budgeting, financing, acquisition and dividend) of managers in non-financial firms will be examined.

MBA9006 Marketing
This unit provides students with an understanding of the key concepts of marketing and an insight into the role of marketing in contemporary business organisations. The unit is presented within a marketing planning framework in which marketing theories and concepts focus on the practical need of developing and implementing effective marketing strategies.

MBA9007 Business analysis and planning
In business, the ability to identify situations that would benefit from some hard facts derives from two constituent and attainable skills. A thorough understanding of what each technique can do, that is, what results it can produce. Second, the ability to extract a meaningful interpretation of the results that adds value and is accessible to management.

MBA9008 Managing and leading people at work
This unit examines the functioning of the business firm and the public enterprise as social as well as economic institutions and studies individual and group behaviour in these institutions. Social systems theory provides the general framework within which the unit is developed.

MBA9010 Supply chain and operations management
In business an understanding of how collaboration between various organisations underpins the coordination and delivery of the activities to produce greater responsiveness (efficiencies) in supply chains. The focus of this unit will be on understanding the processes involved in developing collaborative partnerships (locally and globally), coordinating activities and managing supply chain issues.

MBA9050 International business
This unit examines the current issues, special characteristics and method of analysis relating to the conduct of international business. It provides the conceptual framework and relevant analytical skills to examine the forces that shape changing international business environments and operations, at both the macroeconomic and firm levels.

MBA5005 Strategic management
Strategic management is concerned with creating organisations that create value to all stakeholders in a turbulent world. This unit integrates material from earlier units in the MBA degree, in particular from marketing, accounting, operations, individual and organisational behaviour, information technology and finance, within a strategic framework.