Applied Strategic Management and Analysis (5 ECTS)

Learning outcomes

The student will be introduced to creating and implementing strategy in a dynamic, competitive business simulation. The student understands the most common challenges in different business functions and is able to analyse significant amounts of data to support decision making. The student understands and can make decisions related to business operations, as well as finance and accounting issues.

Content

• Strategy development and implementation
• Operations and marketing management
• Financial management and accounting

Assignment outline: working in teams, students analyse the competitive environment from a number of angles to create and implement a strategy and then report on their company's progress in meeting strategic objectives.

Prerequisites

Completed higher education degree (Bachelor level)

Teaching methods

Teaching methods: face-to-face teaching, interactive class discussions, and a Business gale.

Learning outcomes:
The student has experience in creating and implementing strategy in a dynamic, competitive business simulation. The student understands the most common challenges in different business functions and is able to analyze significant amounts of data to support decision making. The student understands and can make decisions related to business operations, as well as finance and accounting issues

Location and time

The classes are scheduled for these dates:
11.9., 9.10., 23.10, 20.11. and 11.12.
Time: 9-12 am.

Learning materials and recommended literature

Online materials will appear in OMA workspace.

Student workload

The student workload is 5 credits including all forms of learning: contact studies in class, self-studies and completing individual assignments (appx.135 hours, calculating 1 credit as appx. 27 hours).

Assignment outline:
Working in teams, students analyze the competitive environment from a number of angles to create and implement a strategy and then report on their firm's progress in meeting strategic objectives.

Content scheduling

Course contents:
- Strategy development and implementation
- Operations and marketing management
- Financial management and accounting.

Assessment methods and criteria

Approved / Failed
Sufficient performance: has completed basic requirements to pass the course and has made an attempt to apply and articulate concepts and information both verbally and in writing but has not made enough effort overall. The student has demonstrated little effort, interest and motivation for individual or team activities / assignments and the output is rather weak.

Satisfactory
Sufficient performance: has completed basic requirements to pass the course and has made an attempt to apply and articulate concepts and information both verbally and in writing but has not made enough effort overall. The student has demonstrated little effort, interest and motivation for individual or team activities / assignments and the output is rather weak.

Good
Good overall performance: can apply and articulate concepts and information well both verbally and in writing, certain areas of individual or team output require further attention; shows appropriate level of interest and motivation in individual and team activities. Good presentation delivery and analysis.

Excellent
Excellent performance in all elements of the course: shows interest and motivation in individual and team activities and assignments, fully applies and clearly articulates concepts and information both verbally and in writing. The student is able to support his/her argument with references to the recommended reading and lecture content. Excellent presentation, delivery and analysis.

The course is assessed on the 0 (failed) – 5 (excellent) grading scale.

Evaluation scale

0-5

Assessment criteria, satisfactory (1)

The student has completed basic requirements to pass the course and has made an attempt to apply and articulate concepts and information both verbally and in writing but has not made enough effort overall. The student has demonstrated little effort, interest and motivation for individual or team activities / assignments and the output is rather weak.

Assessment criteria, good (3)

The student can apply and articulate concepts and information well both verbally and in writing, certain areas of individual or team output require further attention; shows appropriate level of interest and motivation in individual and team activities. Good presentation delivery and analysis.

Assessment criteria, excellent (5)

The student demonstrates interest and motivation in individual and team activities and assignments, fully applies and clearly articulates concepts and information both verbally and in writing. The student is able to support their arguments with references to the recommended reading and lecture content. Excellent presentation delivery and analysis.

Assessment criteria, approved/failed

The student has completed basic requirements to pass the course and has made an attempt to apply and articulate concepts and information both verbally and in writing but has not made enough effort overall. The student has demonstrated little effort, interest and motivation for individual or team activities / assignments and the output is rather weak.