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.
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