Year 3 (Level 5)

Exit Qualification:Advanced Diploma in Business Administration
Awarded By: iAcademy (New Zeland)

Intakes

Autumn Semester - October
Spring Semester - February

Course Overview

The modules at Year 3 are designed to expose students to the various challenges faced by business managers globally, whether it is the starting of a new business or the management of a factory, and guide them on how best to make decisions given the economic situation and the information available. It also prepares students to specialize in a business area of their choice later on.

Entry Requirements

Applicants should possess the minimum requirements

Module Description

Managerial Economics and Decision Sciences

This module aims to introduce the basics of economics and apply economic theories and methodologies to managerial decision making. This module will focus on basic economic concepts like demand and supply, theory of the firm, demand analysis and estimation, production and cost analysis under different marketconditions, use game theory to decide on economic strategies, and how forecasting and decision making can be made under realistic business conditions where incomplete information and uncertainty are common.

Global Business IT and e-Commerce

This module aims to provide anin-depth awareness and knowledge of how IT has facilitated and enabled globalization and how it is used by businesses today in various functions. The module is divided into 2 key parts. The 1st part, which will be taught in the 1st semester, will focus on a macro level; the impact of IT on globalization and businesses and the digital economy it has created. The 2nd part, which will be taught in the 2ndsemester will focus on a micro level; e-business concepts, processes and models and how to successfully set up and run an e-Commerce business.

International Trade and Finance

This module aims to provide an introduction to the principles and international trade, its transactions and the practical aspects of import and export procedures. The module would cover topics such as international trade contracts, shipping terms, various transportation modes, customs procedures,global sourcing, import/export financing and financing instruments e.g. including letters of credit, factoring (invoice discounting and receivables financing), asset-based lending, and structured trade finance, cross-cultural issues in business and strategies for developing international marketing plans to target new markets.

International Human Resource Management

This module aims to provide a good knowledge and understanding of the issues in the management of human resources in an international context. In the module topics such as the different international perspectives, practices and systems on human resource management, management of a diverse and international workforce, and how human resources should be managed in various international alliances, will be covered.

Managerial Production and Operation Management

This module aims to provide students with basic concepts, tools and techniques to achieve operational excellencein managing the operations of a production unit and/or a service organization. Among the topics that will be covered are operations management and strategy, quality management and concepts of waste reduction, project management, inventory management, production planning and control, layout and location decisions, time study and work measurement, total quality management and assurance, inbound and outbound logistics, lean thinking, research & development as well as innovation management, information technology as a supporting system to the operations, and supply chain management.

Entrepreneurship and New Venture Creation

This module aims to introduce students to the subject of entrepreneurship from an entrepreneur’s perspective and equip them with the real life practical business and risk assessment skills to thrive whether in a start-up company or an established MNC. It also seeks to instil in students a resourceful and self-reliant mindset so that one can confidently stand, secure in one’s own abilities.The module would cover topics such as creativity and innovation, generating new ideas, evaluating business opportunities, developing a business model, protecting and managing intellectual property, raising capital and valuation, and the management of a small business.