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Executive Management 4 (BUSA90508)
Graduate courseworkPoints: 25On Campus (Parkville)
Overview
Availability | November |
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This subject contains four components, as described below.
Accounting II:
This component addresses a range of financial and managerial accounting issues including:
- Accounting for financial assets
- Accounting for cost-based assets
- Accounting for financial liabilities
- Costing products and services
- Contribution margin analysis
- Relevant costs and benefits
- Financial and non-financial performance measuremen
Managing Human Capital:
This component is designed to examine how and why people management influences firm performance. It reviews data supporting and linking organisational performance and people management. It covers strategies and practices that can effectively unlock the productive potential of employees’ human and social capital. It also considers how leaders can best evaluate the effectiveness of people management practices. Key topics include:
- Sustainable Competitive Advantage
- Portfolio of high performance human resource practices
- Strategic Alignment
- Human Capital Metrics
The component is based on the assumption that as working professionals, participants already have some fundamental awareness of issues related to managing human capital. The component will build on that background to extend participants’ theoretical knowledge and applied skills.
Ethical Leadership:
In Ethical Leadership, students learn about the societal context in which business operates, together with the skills for reasoning about ethical problems which arise in this context. The component examines the various stakeholders of business and discusses the obligations of corporations to those stakeholders. It considers strategies for achieving corporate social responsibility goals, taking into account both the ethical case and the business case for such strategies. The component also examines a range of alternative approaches to moral reasoning as well as the applications of those approaches to the complex and dynamic ethical problems that confront leaders of modern organizations.
Seminar IV:
This Executive MBA Seminar Series complements the mainstream components of the module, and is dedicated to contemporary issues and global best practice development in the Business Strategy, Accounting II and Economics of Globalisation fields.
Intended learning outcomes
Accounting II:
On completion of this component students should be able to:
- Classify investments for financial reporting purposes and justify the classifications
- Classify costs as direct costs or indirect costs for a particular cost object
- Classify costs as variable costs, fixed costs, or mixed costs
- Apply contribution margin analysis to various managerial decisions
- Assess whether a cost is relevant or irrelevant for a particular decision
- Distinguish net income from residual income
- Apply relevant cost analysis to various managerial decisions
- Using balanced scorecards for performance evaluation
- Identify appropriate performance measures given the company's strategy
Managing Human Capital:
On completion of this component students should:
- Diagnose people-related problems and issues in organisations
- Determine which human capital management tools to apply to address organisational problems and opportunities
- Be able to contribute to management projects in the area of human capital metrics
- Be able to design and develop a portfolio of high performance human resource practices
Ethical Leadership:
On completion of this component students should:
- Have an understanding of the different approaches to moral reasoning and the limitations of these different approaches;
- Be able to apply various kinds of moral reasoning in the analysis and resolution of ethical problems;
- Understand the different forms that corporate social responsibility can take;
- Have a critical understanding of the business case for corporate social responsibility;
- Have an appreciation of the ethical dilemmas that arise in persuasion and communication with stakeholders, including customers, workers, and shareholders;
- Understand how consumers' purchase decisions are influenced by their ethical frameworks.
Seminar IV:
On completion of this component students will be able to:
- Understand and discuss contemporary and advanced issues in the field
- Recognise and apply global best practice models
Last updated: 8 November 2024