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WROCLAW UNIVERSITY OF ECONOMICS FACULTY OF MANAGEMENT, COMPUTER SCIENCE AND FINANCE MASTER’S DEGREE IN EXECUTIVE BUSINESS ADMINISTRATION 2011/2012 53-345 Wrocław, Komandorska 118/120, POLAND Telephone/Fax: (+48)-071-3680358 Telephone: (+48)-071-3680636 [email protected] www.mba.ue.wroc.pl Faculty of Management, Computer Science and Finance at the Wroclaw University of Economics in Wrocław, Poland, is a business school dedicated to excellence in education and research to Doctorate level in the following areas: Management and Organization, Finance and Banking, Quantitative Methods, Management Information Systems and Computer Science. We emphasize the key role that good management plays in competition, growth and productivity. Our activities translate that into specific efforts for managerial training, executive degree granting, business consulting and management research. MASTER’S DEGREE IN EXECUTIVE BUSINESS ADMINISTRATION Introduction The four-semester, part-time Executive MBA Programme first commenced in 1993 offering executive management general training to mid- and senior-level managers of Polish and foreign organizations and companies operating mainly in Southwest Poland. Two years later an international option of the Executive MBA Programme has been launched as a joint Tempus project of the following European universities: Limburgs Universitair Centrum (Belgium), Groupe Enseignement International des Affaires Marseille (France), University of Limerick (Ireland), Fachhochschule Aachen (Germany), Wroclaw University of Economics (Poland). Aims and Objectives The overall aim of the Executive MBA Programme is to provide managers and executives with an integrated vision of an organization in a competitive economy and to deliver knowledge and skills required to recognize and approach business decision problems, and to solve them in a changing environment. Specific objectives are: to provide participants with solid theoretical fundamentals of the main business activities such as: marketing, production, finance, accounting, personnel management, business policy; to help participants understand business environment and the way it functions; to develop team work, communication and leadership skills; to provide participants with analytical, planning and operational skills applicable in complex practical situations; to develop abilities to conceptualize quickly and genuinely decision problems and to evaluate properly immediate and indirect results of decisions; to acquire a habit of ongoing learning and using modern research methods and software tools for decision support and problem solving. Course Structure The Master’s Degree in Executive Business Administration is a two-year, part-time programme commencing in October. It takes place on alternate Fridays and Saturdays. The courses are divided into 4 broad categories: 1. foundation, 2. core, 3. integration, 4. orientation and are organized in 3 phases: Phase 1 Foundation General Management Managerial Economics Organizational Behaviour Quantitative Methods for Business Phase 2 Core and Context Business Environment: legal, economic, ethical, international Financial Management Human Resources Management Managerial Accounting Management Information Systems Marketing Management Operations Management and Logistics Phase 3 Integration and Individual Orientation Business Strategy Total Quality Management Master Thesis Seminar and electives from the following functional areas and/or object profiles are offered: Functional Areas Business Finance Business Policy and Strategy Human Resources Management Management Information Systems Marketing Operations Management Total Quality Management Object Profiles Corporate Administration Project Management Small Business Administration a copy of a primary university degree, certificates of the professional experience (at least 2 years), the application form with 3 photographs, an acceptable certificate of proficiency in English. 1) A satisfactory interview with the course selection panel. 2) The semester fee must be paid prior to commencement of the course. Fees Annually: Euro 3,000 for foreigners; PLN 11,000 for Polish citizens. Fees may be paid either annually or semi-annually prior to commencement of the course. Fees include tuition, hand-out notes, problem and solution sets, selected textbooks, library and computer facilities. They do not include meals or accommodation, nor do they include travel costs. All participants are required to have adequate health insurance. Participants Performance How to Apply The participants’ work during the semester will be assessed on the efficacy of assignments. Examinations will be held at the end of each semester for the subjects studied during that semester. The participant will be required to present a major dissertation (Master’s Thesis) at the end of the fourth or fifth semester. Application forms may be obtained from www.mba.ue.wroc.pl and should be returned (with relevant certificates of qualification) to: Wroclaw University of Economics Executive MBA Programme Admissions Office (room 106 Z) Komandorska 118/120 53-345 Wrocław POLAND Admission Requirements 1) The following documents should be submitted to the Admissions Office: The last date for the receipt of completed applications is 20 June 2011. MODULE DESCRIPTIONS Business Ethics Morality: moral choices, ethical doctrines, moral dilemmas in business. Major directions and systems of ethics: utilitarianism, Kantianism, catholic ethics. Social and ethical responsibility of a firm. Ethical problems of competition, marketing and financial markets operations. Business Games CERES (Canada). MARKOP (France). PROMAR (Poland) Management Information Systems - Strategic Information Systems. Managing the impacts of Information Technology: trends evolution, Information Systems planning, the role of the user, interorganization IS (EDI), co-operative IS (multinational), IT audit. Information Technology Department: IT architecture planning, user interface, IT organization structure, operations management and financial control. Acquisition of computing resources. Financial Management Introduction to corporate finance: basic concepts and definitions, financial institutions in Europe, financial markets and instruments. Financial analysis: ratio analysis, liquidity, turnover, profitability, capital structure. Capital budgeting: types of projects, methods, risk in capital budgeting, capital rationing. W orking capital management: accounts receivable management, inventory management, cash management. Financial decisions: corporate finance and capital structure, sources of funds, kinds of debt, decision schemes, cost of capital. General Management Organization and management theory as science. Organization - its essence and components. Main concepts of organization and management theory. Management - its components and functions. Management as decision making. Management efficiency in different cultures (US, Japan, Europe). Human Resource Management Definition and development of personnel function. Human resource planning: process, tools, strategies. Staff forming: recruitment, selection, orientation. Training and development. Integration. Motivation: models, process, compensation, non-financial rewards. Evaluation: meaning and methods of appraisal aims, criteria, the practical methods of evaluation. Institutional structure of HRM: the role of management, trade unions, industrial relations, competence in personal management, HR information systems. Legal Environment Company in civil and commercial law. Business contracts. Macroeconomic Analysis Fundamental concepts of macroeconomics and major variables interacting in macroeconomy. Income vs. expenditures and interest rate. Inflation vs. production. The supply of money and monetary policy. Open-market operations. The balance of international payments. Exchange rates and the international financial system: flexible and floating exchange rates, fiscal policy. Managerial Accounting Cost accounting and financial outcome. Frameworks for cost accounting. Investment efficiency in case of advertisement. Current assets management. Evaluation of an economic agent. Mergers. Quantitative Methods for Business Introduction to modelling. Regression Analysis. Forecasting using regression models. Components of a time series. Forecasting using smoothing methods. Time series forecasting using trend projection and seasonal components. Qualitative approaches to forecasting. Decision making process. MS/OR model development. Linear programming model: formulation, computer solution, interpretation. Linear programming applications. Decision analysis: payoff tables, decision trees, expected value of perfect and sample information, utility. Multicriteria decision problems: optimum Pareto, goal programming, compromise programming. Project scheduling: PERT/CPM, crashing analysis. Marketing Management Firm and its environment. Marketing environment. Marketing strategies. Consumer decision making. Information bases for Marketing Management. Product Management. Communication mix management. Pricing decisions. Implementing, organizing and controlling the marketing programmes. Microeconomics Basic concepts and problems. Market equilibrium: the elements of supply and demand. Elements of consumer theory: utility, budget constraint, consumer optimum. Analysis of returns and costs of the firm. Optimum of the perfectly competitive firm. Monopoly: monopolistic competition, oligopoly. Recent concepts of the competitive firm. Supply behaviour under risk and uncertainty. Role of government in a market economy. Organizational Behaviour Group behaviour and their effectiveness. Interpersonal communication. W orkgroups management. Team work: manager’s qualities, positives and weaknesses of group problem solving. Strategic Management The concept of strategy. A framework for strategy analysis. Developing a strategic vision based on the firm’s core capabilities. Selected methods and techniques of strategic management (portfolio, SWOT, SPACE). Total Quality Management Introduction to Quality Management: concepts of quality, the Deming, Juran, Crosby management philosophies. Cost of Quality: optimum quality costs model, cost improvement programmes. Customer focus approach: the customer-supplier relationship - principle and practices, Quality Function Deployment (QFD). Process understanding: seven step approach. Continuous improvement techniques: failure mode and effect analysis (FMEA), statistical process control (SPC), the seven basic QC tools, design of experiments. Problem solving: the Deming cycle, team working, KJ method. Total Quality and organizational change. Standards: ISO and national standards. Self-assessment: the Baldridge and European Quality award models. Developments in quality: benchmarking, empowerment and motivation. Electives Applications of MIS. Capital markets. Finance international.Financial planning and business plan. Performance Management. Innovation and project management. Marketing international. Organizational culture and change management. Managing international teams. Time series analysis with Excel.