Entrepreneurship
Welcome to Entrepreneurship! This course s an introductory course intended to provide students with knowledge of entrepreneurship and the vital role played by entrepreneurs in the global economy. To achieve this, this course focuses on the creation of new ventures, the skills necessary for success in an entrepreneurial venture, and factors associated with new venture success.
Entrepreneurship is interdisciplinary so this paper provides students with the opportunity to draw together elements of other papers such as finance, economics, management, marketing,
production and so forth, showing how these must fit together to create a whole organization, rather than viewing these as a series of unrelated components. This paper also mixes theory
with practice. Students will be challenged to apply principles, concepts and frameworks to real world situations, particularly on assignments including the business plan and on exams.
This subject will help students determine if they want to start their own ventures or if they prefer to operate as corporate entrepreneurs working within an existing organization. Companies increasingly want and need employees who can identify problems and opportunities, exercise initiative and develop creative solutions, and build support while implementing their ideas. The concepts and skills emphasized in this paper should be useful whether starting a new business or innovating within an existing organization. Upon successful completion of this course, you should be able to:
- Understand the context, concepts, theories and process of entrepreneurship
- Develop entrepreneurial opportunities & recognize the entrepreneurial potential within yourself, whether you want to start your own business or act as an entrepreneur within an existing organisation
- Identify entrepreneurial opportunities and assess these opportunities
- Research and determine the viability or feasibility of new business concepts
- Understand how to turn a new business concept into a sustainable business venture
- Appreciate that there are various types of entrepreneurs, such as social entrepreneurs, sustainable entrepreneurs, and entrepreneurial families
Managerial Accounting
- Introduction to managerial accounting.
- Cost – Volume - Profit analysis.
- Short term decisions and relevant costs.
- Budgets: operating and Financial Budgets.
- Long term investment decisions.
- Responsibility accounting.
Students will be able to
Studying managerial accounting is one of the best investment students can make. Why? Because success in any organization- from the smallest corner to the largest multinational corporation – requires the use of accounting concepts and practices to provide information. Managerial accounting provides key data to managers for planning and controlling, as well as costing products, services and customers and how accounting information help managers make better decision, making teams instead just data providers. By focusing on the basic concepts, analyses, uses and procedures, we recognize accounting information as managerial tool for business strategies and implementation.
We also prepare students for the rewards and challenges facing them in the professional managerial accounting word both today and tomorrow.. To review the purpose, structure and operation of national and international economic institutions. By the end of the course, students should be able to:
- Understand to introduction of managerial accounting.
- Definition of managerial accounting- objective of managerial accounting.
- Explain classified costs.
- Component cost of manufacturing company.
- Understand the break even point analysis.
- Compute the methods of break-even point. ,
- Explain margin of safety.
- Incremental analysis.
- Understand Budget and how prepared of operation budget.
- Responsibility accounting.
Management Info. System
This course helps students see the connection between information systems (IS) and business performance. The use of information and communication technologies (ICT) by individuals and organisations dominates the business world. There is a fundamental change going on in the way that organisations run businesses and interact with each other. New types of infrastructure and applications are developed and utilized such as ERP (enterprise resource planning), IOS (inter-organisational systems), RFID (radio frequency identification), CRM (customer relationship management),This course is designed to introduce students to
- IT management practices (e.g., intelligent supply chain management, IT in business process management, etc.),
- Data analyses in Microsoft Excel and Access,
- Enterprise resource planning in SAP.
This course provides students with an overview of the utilization of business application software and problem-solving using that software. Topics include computer systems, management information systems, microcomputer operating systems, word processing, electronic spreadsheets, database management, business graphics, networks, and integrated packages. Industry accepted microcomputer software will be used. This course is designed to provide students with a basic understanding of how Information Systems are used in organizations for meeting strategic and operational goals. To that end, students will acquire skills using current end-user
software for communication, data transformation, collaboration, and problem solving. The course also covers software and hardware components, information structures, basic business organization and processes, information system security, and networks. At the completion of the subject, students should be able to perform the following tasks:
- Explain basic concepts for IT/IS management
- Discuss organizational, business and strategic issues surrounding IT/IS, and
- Analyze and evaluate uses of strategic IT/IS in practice.
International Management
The International Management course focuses on opportunities and challenges created by globalization. It examines cross-cultural and management issues related to management in an international marketplace. The aim of this course is to enable students to better analyze and understand the opportunities and challenges that companies face when expanding their activities internationally and when dealing with international competitors in their home markets. Special attention is placed upon different tools and analytic competences available to the different specialized managerial roles when competing internationally.
The course is comprised of three segments. The first one is devoted to providing a better understanding of the international environment challenges. Focus is placed on the analysis of country differences in political economy and political risks as well as cultural and social heterogeneities. In this segment, the course covers the major facets of the international management environment (legal, political, economic, and cultural). The central debates surrounding the culture construct, formal and informal institutions, economic development, and regional integrations are presented in class, along with the major frameworks that have been used to describe these phenomena. Students are exposed to a diversity of ideas about cultural values in different nations, and how those values influence management and organizational practices. The readings build upon students’ existing knowledge of the functioning of American and Western European business organizations, and help them develop an understanding of how organizations function in a wide variety of cultures.
The second section of the course builds on the first section and analyses global organizational forms and international strategies. Its focus is on the strategic challenges confronting firms that compete in the global economy. It aims to develop understanding of how to gain competitive advantage and compete successfully in the international marketplace. In other words, its objective is to achieve an enhanced understanding of the most fundamental question in international strategic management: What determines the international success and failure of companies?
Finally, the third section deals with international management operations and covers an array of organizational issues such as human resource staffing and motivating a multicultural workforce, global marketing, design of global products and services, global R&D, and financing and accountability.
This is a core course in the ESCI-UPF International Business Program, a program that is designed primary for applicants who have a major or a minor in business. Generally, students pursuing any degree in Business Administration or Economics would not need any prerequisite. Applicants pursuing degrees in other areas should make sure they have taken Business Organization or an equivalent course.
Project Management
This course provides a systematic and thorough introduction to all aspects of project management. Projects are an increasingly important aspect of modern business.
Therefore, the course underlines the importance of understanding the relation between projects and the strategic goals of the organisation. The course also discusses the technical, cultural, and interpersonal skills necessary to successfully manage projects from start to finish. It emphasises that project management is a professional discipline with its own tools, body of knowledge, and skills. Concepts are reinforced by case studies covering a wide variety of project types and industries.
This course provides students with insight on key aspects and challenges of Project Management (PM). Students will understand the importance of Project Management
across all avenues of work, from producing a Hollywood movie to constructing a skyscraper to upgrading IT systems. They will understand that PM skills are critical to most careers and that they can be applied at most businesses and professions.
This course will emphasize the tools that improves the student’s ability to plan, implement and manage projects during their entire life cycle, from scoping the project until its closure, including the methodologies of estimating time and costs for
completion and the measurement of progress and performance.
A special focus will be given on effective Leadership in typically quite heterogeneous teams, on Organisation and on Risk Management, defining success factors and those factors that contribute to time and cost overruns and potentially to the failure of a project. During this course numerous specific projects across different industries will be analysed for the students to understand the uniqueness of projects and of project management. At the end of this course, students should be able to:
In terms of knowledge:
- Understand the importance of PM in most industries and businesses and to apply specific tools, models and processes.
- Understand the Importance of applying these methodologies and tools at the four distinct stages in the Project’s life cycle. The Definition, Planning, Execution and Closing Phase.
- Understand the importance of Leadership specifically in heterogeneous and virtual teams as well as governance and approaches to conflict resolutions.
- Understand key levers for measurement and follow up, Management Dash Board and Key Performance Indicators. ➢ Identify and Analyse factors for successful Projects, as well as reasons for failure based on specific case studies in the context of effective Risk Management.
- Understand the structure of financial statements relating to Profit and Loss statement, Cash Flow Statement and Balance Sheet. Students should identify positive as well as warning signs within financial statements as indicators of issues for management to address.
- Understand the importance of values and cultural differences, particularly in international projects. In terms of skills
- Ability to do presentations on complex matters in a well structured and easy to understand way and with coherent and logic conclusions.
- Use appropriate referencing and bibliographic methods.
- Demonstrate effective and integrative team-work.
In terms of attitudes, students should develop in this course:
- The students will learn to discuss complex management situations based on knowledge and facts and respect for different opinions
- critical attitudes, which are necessary for “life-long learning”
- an attitude of open-mindedness and self-critical reflection with a view to self improvement
- sensibility towards the ethical dimensions of different aspects of the content of this course
- an open attitude towards inter-cultural team-work