Master of Business Administration in Innovation Management
Objectives:
1) To be proficient in a broad range of knowledge of modern management and be able to comprehend the new economic and industry circumstances, including contemporary management theory development.
2) To become high-level integrated management personnel with professional decision-making, organizational leadership, communication, team spirit, global vision, innovative thinking and exemplary professionalism.
Entry Requirements:
(1) Bachelor degree in business and management-related fields as accepted by the Krirk University Senate; or
(2) English language competency requirements for students: Minimum IELTS 6.0 or equivalent.
(3) Complete an entrance exam and sit for an admission interview to be accepted to a master degree program.
Proof of English Language Proficiency:
Students should have completed an undergraduate degree and either have passed an English language test (IELTS, TOEFL, British Council) at the required level or have studied at secondary or tertiary level in English, in which case the requirement is waived.
Application Due Date: Rolling Admission
(i) Functional Courses (non-credit)
| No | Course |
|---|---|
| 1 | Business English: this course is offered to students who have not met the English language requirement and need some additional language support to begin the MBA proper. It is offered by suitably qualified Krirk University faculty. Unlike the credit courses, this course is taught on weekday evenings (normally 6-8 pm). |
| 2 | Business Research Methodology: this course is required for all graduate students taking courses in the English language program. The course covers epistemology, basic statistics, including probability, normal distribution, cross-tabulations and significance testing, hypothesis testing and correlations, analysis of variance and linear regressions. Qualitative research approaches are covered and content analysis methods are taught. Project management of both qualitative and quantitative research projects is covered. |
(ii) Compulsory Courses (each 3 credits)
| No | Course |
|---|---|
| 1 | Modern Managerial Accounting: The course introduces students to contemporary management accounting concepts and techniques. Topics include: the role of accountants in internal decision-making, tools used to design and develop costing systems, preparation of budgets and their role as a planning and control tool, other decision-making tools including CVP analysis, pricing decisions and costs of quality. |
| 2 | Operations Management for Executives: This course is designed to provide students with the knowledge and skills to manage an organisation's operations effectively. The syllabus covers process analysis, capacity planning, quality management, inventory control, production scheduling and project management. |
| 3 | Integrated Marketing: this is an advanced marketing course which rehearses the basics of marketing theory and practice and marries them with contemporary issues in marketing, including digital marketing, green marketing, sustainability issues, integrated marketing communications and marketing in specific contexts. |
| 4 | Financial Management: students will learn the fundamentals of budgeting and accounting for various organizations. They will gain an understanding of how to use financial information in organizational planning, implementation, control, reporting, and analysis. In addition, students will have the chance to develop their spreadsheet skills by using Excel to perform financial calculations and create financial documents. The first half of the course focuses on managerial accounting, a set of tools used by managers for planning, implementation, and control. Topics in this portion of the course include operating budgets, cash budgets, break-even analysis, indirect cost allocation, variance analysis, the time value of money, capital budgeting, and long-term financing. The second half of the course focuses on financial accounting, a set of tools used by managers and outside observers for reporting on and analyzing an organization’s financial health. Topics in this portion of the course include the preparation and analysis of financial statements (balance sheet, activity statement, and cash flow statement), ethics in financial management, and government accounting and financial condition analysis. |
| 5 | Organizational Behavior and Strategic Management: The course emphasizes the value and process of organizational behaviour and strategic management. In addition to familiarizing students with new subject matter, students are expected to integrate and apply their prior learning to strategic decision making in organisations. The course is designed to explore an organisation’s vision, mission, examine principles, techniques and models of organisational and environmental analysis, discuss the theory and practice of strategy formulation and implementation such as corporate governance and business ethics for the development of effective strategic leadership. |
| 6 | Business Ethics: A study of ethical problems in business and the foundations for decisions involving ethical issues. Topics include ethical concepts, personal integrity, individual conscience, and company loyalty and responsibility conflicts as they impact on the decision process in the functional areas of business. |
(iii) Major Elective Courses (Select 4 courses/each 3 credits)
| No | Course |
|---|---|
| 1 | Human Resource Management: This course is designed to integrate and apply the human resources, psychology, and business courses required to address issues for Human Resources Managers. The student will synthesize their knowledge of human resources principles and practice by applying their knowledge to issues of current concern to HRM professionals. |
| 2 | Entrepreneurship and Small Business Management: Small business (Micro enterprise management) has special characteristics concerning the financial and administrative capabilities. The students will get the managerial skills to organize the small business, limited resources management from the view point of cost management and the maximum utility of these resources are included. They will learn about the art of managing micro enterprises which employ fewer than 100 people. Upon completion of the course, students will be able to: Define an entrepreneur & small business owner; Study and discuss the variety of personality characteristics that contribute to entrepreneurial success in small business; Understand the relationship between innovation and business; Understand the different legal forms of firms; Differentiate between small business & corporate business; Determine the role of small business in economic development; Recognize entrepreneurial start-up, marketing, financial management; Recognize the concept of social entrepreneurship and Recognize the concept of business incubation. |
| 3 | Information System for Business Management: this course is an introduction to management information systems and the importance of systems in achieving organizational goals. Topics include how to develop and maintain information systems in achieving organizational goals. Topics include how to develop and maintain information systems to gain competitive advantage, to solve business problems and to improve decision-making. |
| 4 | Leadership and Sustainable Organizations: upon completing the course, the student should be able to: Describe an informed definition of three terms: effective leadership, ethical development, and sustainable business; Elaborate on the tenets of effective (written and verbal) communication; Apply principles of effective leadership and models of ethics to contemporary organizations; Differentiate between models of effective leadership, stage models of ethical development and perspectives on sustainability and Evaluate the sustainability of an organizations’ business model. |
| 5 | Innovation and Management for Change: Organizations, especially businesses, must understand how to effectively develop, lead, and manage innovation- and change-capable cultures in order to thrive in their markets. This course introduces students to the key skills needed to generate an innovative/learning organization culture that leads to relevant product and service offerings. In addition, this course exposes students to the requirements for introducing successful change initiatives and how to develop an organizational culture that is change-capable. |
| 6 | Logistics Management: This course introduces students to practical concepts of warehousing and inventory management including the types of equipment, storage processes and systems, the technologies used to identify and track units in a warehouse, and the regulations designed to ensure safety in warehouse operations. |
| 7 | Seminar in Strategic Management: This course will introduce students to a number of models, methods, and techniques which can be used to identify strategic issues, generate future oriented action plans to address those issues and implement change. An important goal of the course is to sensitive students to the need to review a firm's strengths and weaknesses as the basis for formulating the firm's strategy for exploiting environmental opportunities and coping with the environmental threats. Since the overall pedagogical objectives are to sharpen students’ ability to think strategically and to diagnose situations from a strategic perspective, the course will focus on models used to analyze the internal and external environments of an organization as well as the industry and competitive environments of a company, and examine how they are used in the formulation, implementation and control of competitive strategy |
(iv) Independent Study (6 credits): this course provides the student with a supervisor who will help the student to create, conduct and document a relevant independent research project with a view to producing an academic paper that can be considered for publication or presentation at an international conference.