|Year of offer||2019|
|Subject level||Graduate coursework|
|Fees||Subject EFTSL, Level, Discipline & Census Date|
This subject provides an integrative learning experience and affords students the opportunity to apply the skills and knowledge acquired in previous subjects in a coherent way to solve business problems. In a business strategy simulation students are required to make decisions, assess outcomes, and compete with other management teams for resources, opportunities and markets. Each team develops a strategy for its firm and applies the subject’s concepts and frameworks, as well as the concepts and frameworks acquired in other subjects. In the process, students will discover the interaction of a firm’s production, marketing, research and development, human resources, and financial operations and observe the impact of key decisions on business performance within a competitive market.
Intended learning outcomes
On successful completion of this subject, students should be able to:
- Explain the dynamic nature of business and the role of strategy in generating and sustaining a competitive advantage;
- Analyse relevant information and evaluate the competitive environment faced by organisations;
- Identify and evaluate business strategies and explain why and how a particular course of action will provide a competitive advantage; and
- Analyse the capacity for strategy implementation within an organisation given an understanding of structure, culture, systems, governance mechanisms and stakeholder relationships.
On successful completion of this subject, students should have improved the following generic skills:
- Problem solving skills and critical thinking, which should be fostered in the seminar program where students will apply theoretical material to actual case studies;
- Collaborative learning and teamwork, which should be enhanced through exercises, role- plays, and simulations that are incorporated into the seminar program;
- Evaluation, interpretation and analysis of data;
- Accessing data and other research information from a range of sources, which should be facilitated through the assignments and preparation for the exam; and
- Developing oral and written communication skills.
Eligibility and requirements
Available to all students in the Master of Management who have successfully completed 100 points of study in either the 150 point or 200 point program, plus completion of the core subjects MGMT90025 People and Change and MKTG90004 Marketing Management at time of subject commencement.
Available to all students in the Master of International Business who have successfully completed 50 points of study at time of subject commencement.
Available to all students in the Master of Finance who have successfully completed 100 points of study at time of subject commencement.
Available to all students in the Master of Engineering management who have successfully completed 50 points of study at time of subject commencement.
Recommended background knowledge
This subject assumes a basic ability to read and interpret financial statements.
Core participation requirements
The University of Melbourne is committed to providing students with reasonable adjustments to assessment and participation under the Disability Standards for Education (2005), and the Assessment and Results Policy (MPF1326). Students are expected to meet the core participation requirements for their course. These can be viewed under Entry and Participation Requirements for the course outlines in the Handbook.
Further details on how to seek academic adjustments can be found on the Student Equity and Disability Support website: http://services.unimelb.edu.au/student-equity/home
- 2 hour end-of-semester exam (50%);
- 1200 word group assignment (usually in groups of 2-4) (5%) and 5000 word group assignment (usually in groups of 2-4) (30%) due between Weeks 5-10;
- 10 minute group presentation due between weeks 11-12 (usually in groups of 2-4) (10 minutes) (5%);
- Performance in group simulation due in week 10 (usually in groups of 2-4) (5%); and
- 500 word individual written task due between week 11-12 (5%).
Note: Successful completion of this subject requires a pass (50%) in the final exam.
Quotas apply to this subject
Dates & times
- Summer Term
Principal coordinator Paul Finn Mode of delivery On Campus — Parkville Contact hours 36 hours (two 3 hour seminars per week) Total time commitment 170 hours Teaching period 2 January 2019 to 10 February 2019 Last self-enrol date 10 January 2019 Census date 18 January 2019 Last date to withdraw without fail 8 February 2019 Assessment period ends 25 February 2019
Summer Term contact information
Mr Paul Finn firstname.lastname@example.org
- Semester 1
Principal coordinator Erica Coslor Mode of delivery On Campus — Parkville Contact hours 36 hours (one 3 hour seminar per week) Total time commitment 170 hours Teaching period 4 March 2019 to 2 June 2019 Last self-enrol date 15 March 2019 Census date 31 March 2019 Last date to withdraw without fail 10 May 2019 Assessment period ends 28 June 2019
Semester 1 contact information
Dr Erica Coslor email@example.com
- Semester 2
Principal coordinator Tom Osegowitsch Mode of delivery On Campus — Parkville Contact hours 36 hours (one 3 hour seminar per week) Total time commitment 170 hours Teaching period 29 July 2019 to 27 October 2019 Last self-enrol date 9 August 2019 Census date 31 August 2019 Last date to withdraw without fail 27 September 2019 Assessment period ends 22 November 2019
Semester 2 contact information
Dr Tom Osegowitsch firstname.lastname@example.org
Time commitment details
Estimated total time commitment of 170 hours per semester
Additional delivery details
The Summer Term availability of this subject has a quota of 40 students.
Places in the Summer Term availability are offered to the first 40 students enrolling during the self enrolment period. Once the quota is reached, places will only become available if enrolled students withdraw. Students seeking a place in this subject should check their enrolment regularly for availability.
Students for whom MGMT90146 Strategic Management is a program requirement and for whom Summer Term is their final semester of study will be given priority enrolment. Any such students not able to self enrol should contact email@example.com for assistance.
There are no specifically prescribed or recommended texts for this subject.
- Related Handbook entries
- Available to Study Abroad and/or Study Exchange Students
This subject is available to students studying at the University from eligible overseas institutions on exchange and study abroad. Students are required to satisfy any listed requirements, such as pre- and co-requisites, for enrolment in the subject.