Master of Management (CEMS)

Table of postgraduate unit of study: Master of Management

Errata
item Errata Date
1.

The description has changed for the following unit. It now reads:

CEMS6004 Global Management Practice
Companies everywhere need to innovate to survive in global markets, rapid technological development, hyper-connectivity, sustainability concerns, and shifting consumer preferences. But this is easier said than done. Most companies - large and small - are over-reliant on past successes, and they often fail at turning creative endeavours into a sustainable competitive advantage. Yet, some companies manage to tip the balance in their favour, and successfully innovate on a regular basis. We revisit the critical issues surrounding business innovation in established companies, look at the role of strategy and top leadership, examine how managers develop powerful innovation processes, and how they encourage and support their staff in innovation work. Learn the global management practice for business innovation.

31/01/2020

The units of study listed in the following table are those available for the current year. Students may also include any units of study, which are additional to those currently listed, which appear under these subject areas in the Business School handbook/website in subsequent years (subject to any prerequisite or prohibition rules).

Management (CEMS)

Master of Management (CEMS)

Students must complete 72 credit points in units of study, comprising:
(i) a 12 credit point CEMS business project; and
(ii) 60 credit points in elective units of study

Units of study for the degree

CEMS business project

CEMS6011 CEMS Business Project

Credit points: 12 Session: Semester 1 Classes: This is a workplace-based unit of study. There are no formal classes. Assessment: scoping document (0%), business project report (group) (45%), business project presentation (group) (25%), thought leadership and individual reflection (individual) (30%)
Note: Note: This unit is only available to students enrolled in the Master of Management (CEMS) or incoming CEMS MIM exchange students.
The CEMS Business Project provides students with practical experiences in applying their management knowledge and skills in business analysis and team-working to researching a significant business challenge or opportunity in a host organisation and preparing and presenting an evidence-based business report of a high professional standard. Most students are already familiar with various business disciplines through course work; however, the interdisciplinary use of this knowledge and the capacity to translate it into practical solutions is often a new challenge. The project permits students to combine theory and practice - by learning how to analyse problems, develop recommendations and propose solutions to the problem. In addition to providing hands-on experience on how to deal with a business problem, the unit also offers a unique opportunity to hone research skills in a cross-functional team context. Students work in small groups of four (4) or five (5) and partner with a real organisation over a ten (10) week period to research and recommend solutions to a real business problem identified in consultation with the partner organisations. Projects range from social entrepreneurship programs, where students work with community groups and NGOs, through to consultancy projects for large multinational corporations. Projects are overseen by a specifically appointed consulting mentor and students have access to business mentors throughout the project. Following preparatory learning in advanced applied research methods, students design and undertake investigative research on an agreed business issue, deliver a presentation and provide a written report to the client organisation, as well as to create and disseminate a Thought Leadership Piece on a topic linked to their challenge.
OR
CEMS6012 CEMS Business Project-Exchange

Credit points: 12 Session: Semester 1
This unit is for students on exchange studying in a Master of Management program at one of the CEMS member institutions.

Elective units of study

CEMS6003 Advanced Strategy

Credit points: 6 Session: Intensive August Classes: Intensive over 5 weeks (8hr lectures/seminars per week) Prohibitions: CEMS6105 Assessment: individual assignment (30%), group assignment (40%), exam (30%)
Note: Note: This unit is only available to students enrolled in the Master of Management (CEMS) or incoming CEMS MIM exchange students.
This unit of study involves all essential aspects of global strategic management. It includes a strong emphasis on the application of theory. Students are expected to bring a prior understanding of the theoretical material to class to be prepared to discuss the boundaries of theories as well as the limits to their application in certain business contexts. The unit is built around four broad strategic issues facing international business managers; (1) Whether to diversify the organisation's activities across different countries and/or regions? (2) Where (in which specific geographic markets) should the organisation compete? A geographic market can be conceptualised as a collection of buyers and sellers doing business in a specific geographic location. (3) What form(s) should the organisation's international business activities take? and (4) When should the organisation enter or exit a given geographic market? The unit explores each of these four broad issues and how, although relevant also for managers in domestic businesses, they are particularly important in the context of international business.
CEMS6004 Global Management Practice

Credit points: 6 Session: Intensive March,Semester 1 Classes: Intensive over 5 weeks (8hr lectures/seminars per week) Prohibitions: CEMS6106 Assessment: individual assignment (20%), class participation (10%), group project (20%), group evaluation (10%) final exam (40%)
Note: Note: This unit is only available to students enrolled in the Master of Management (CEMS) or incoming CEMS MIM exchange students.
What distinguishes successful from unsuccessful managers when doing business internationally? This unit addresses this question by exposing students to experiential teaching methods and state-of-the-art theory. The unit starts with a self-assessment of individual competencies, traits and assumptions. This assessment serves as a ground for students' developmental journey throughout the unit, in which they explore the cultural, ethical, and social factors affecting management practice. In particular, students are asked to reflect upon a variety of management assumptions, different leadership styles and team management approaches, various decision-making processes and communication patterns in order to achieve a higher level of global management practice competency. This unit of study explores these issues using theory, empirical evidence, case studies, role plays, self-reflection, and group projects to both enlighten and challenge participants.
CEMS6005 Poverty Alleviation and Profitability

Credit points: 6 Session: Semester 1,Semester 2 Classes: Intensive over 5 weeks (8hr lectures/seminars per week) Assessment: participation (10%), critique of a BoP concept (15%), business plan to the BoP (25%), exam (35%), learning journal (15%)
Note: Note: This unit is only available to students enrolled in the Master of Management (CEMS) or incoming CEMS MIM exchange students.
There is an increasing recognition that businesses are more than profit-making entities. This notion goes beyond being socially responsible and environmentally aware. Poverty alleviation and profits are co-equal in their importance and occur simultaneously. This perceived contradiction raises a myriad of ethical and moral challenges. This unit is designed to critically evaluate the role of business, specifically poverty alleviation and its links with profitability. Basic theories and frameworks relating to the motivations of businesses are critiqued. Poverty is defined as not only income deprivation but capability and freedom deprivation. Contemporary ideas relating to the purpose of business, such as Shared Value is evaluated. The Base of the Pyramid thesis is critically evaluated, including co-creation of value with the poor, marketing to the poor, transformative consumer research and cross-sector collaborations.
CEMS6006 Chinese Institutions and Business

Credit points: 6 Session: Intensive August Classes: 1x2-hr seminar/week Prohibitions: IBUS6020 Assessment: Quiz (10%); Class Participation (10%); Group Case Report (30%); Exam (50%)
Note: Note: This unit is only available to students enrolled in the Master of Management (CEMS) or incoming CEMS MIM exchange students.
This unit uses an institutional economics approach to explain characteristic features of the Chinese economy, such as the prevalence of networks, local autonomy and organisational choice. Economic institutions are understood as the rules that inform the behaviour of corporations, governments at different levels as well as their complex interactions. Through the use of case studies, students develop an understanding of how the combination of endogenous and exogenous institutional change contributes to China's highly dynamic business environment.
CEMS6007 Chinese for Business

Credit points: 6 Session: Semester 1,Semester 2 Classes: 10 weeks in 2 X 3 hours session per week Assessment: participation (10%), group presentation (10%), interview (10%), online self-test and quiz (10%), listening and written test 1 (15%), listening and written test 2 (20%), bi-weekly vocabulary quizzes (15%), bi-weekly homework (10%)
Note: Note: This unit is only available to students enrolled in the Master of Management (CEMS) or incoming CEMS MIM exchange students.
This unit provides communicative language skills in standard modern (Mandarin) Chinese engaging students in the subject matter and asking them to relate the Chinese language to their own lives. Upon completion, students should be able to communicate effectively in a Chinese business context using an introductory level of language skills together with broader cultural and professional business communication skills. They are taken to a level where further self-study is possible to reach a higher level of language competency. This unit enables students to engage more effectively in a Chinese business context and be more aware of the broader issues that are critical to effective business relationships in China. In addition, students gain a greater understanding of the requirements to effectively manage a more diverse workforce and communicate more effectively with Chinese stakeholders.
CEMS6008 Research Project

Credit points: 6 Session: Semester 1,Semester 2 Classes: research Assessment: proposal and literature review (30%) and research paper (70%)
Note: Note: This unit is only available to students enrolled in the Master of Management (CEMS) or incoming CEMS MIM exchange students.
This unit provides an opportunity for coursework students with a demonstrated ability to think critically and to work independently to investigate a particular topic/area in the Management field through a semester-length independent research project conducted under the supervision of an academic staff member. Students are provided with a selection of topics that are within the domain of Business and Management, or they will be able to propose their own reflecting their personal/professional interests. On the basis of their selected topic, students prepare a proposal, undertake the study and document the findings in a professional report with the potential for successful reports to be published as an academic journal article. The unit provides an opportunity for specialised research equipping graduates to enter the Management profession, whether in the public or the private sector with an edge over those who have not had the opportunity to obtain both a broad-based exposure to the field as well as an in-depth learning experience in a specialisation of their choosing. The unit may also act as a conduit for students wishing to pursue further academic research.
CEMS6013 Ethical International Business Decisions

Credit points: 6 Session: Semester 1,Semester 2 Classes: 3 hours x 12 weeks Prohibitions: IBUS6005 Assessment: team case study (10%); team report (30%); reflective journal item 1 (10%); reflective journal item 2 (10%); newspaper analysis (10%); final exam (30%)
Note: This unit is only available to students enrolled in the Master of Management (CEMS).
In order to succeed in international business, both corporations and individuals need broad decision-making abilities. Business decision-making tools yield more coherent and justifiable results when used with an understanding of the ethical, social and environmental aspects of the process. This applies to various situations in the international business setting including business relations with government, customers, employees, and NGOs. This unit is designed to look at these non-financial elements in the decisions made within the international business context. Upon completion of this unit, students have enhanced skills and knowledge relevant to the understanding of ethical issues and ethical decisions making in international business organisations.
CEMS6014 Digital Transformation

Credit points: 6 Session: Semester 1,Semester 2 Classes: 5 Days, 9am-5pm Prohibitions: MMGT6015 Assessment: weekly quiz (5%); weekly quiz (5%); weekly quiz (5%); weekly quiz (5%); weekly quiz (5%); self-reflection (5%); project and presentation (30%); summary report (40%)
Note: This unit is only available to students enrolled in the Master of Management (CEMS).
Digital innovation is transforming markets, organisations and management itself. It is an important means for businesses in creating value for customers, and a necessary aspect of a modern manager's mindset. On the one hand, managers have to be able to critically examine the nature and promises of digital technology to make sense of unfolding trends and to avoid the trappings of technological fashions. On the other hand, the field of digital innovation offers new managerial techniques and tools for effective organizational management in changing environments. In this unit students learn to re-imagine the way in which business is done through digital technology and to employ managerial innovations such as agile methods and insight generation and design thinking for creative problem framing and solving. Learning is based on hands-on in-class activities, case study analysis, and classroom discussions.
CEMS6019 Contemporary Topic in Management

Credit points: 6 Session: Intensive October,Semester 1,Semester 2 Classes: 5x 8h classes Assessment: group project (30%); individual assignment (40%); exam (30%)
Note: This unit is only available to students enrolled in the Master of Management (CEMS).
This unit will focus on a particular topic. Topics will vary from semester to semester.
CEMS6101 CEMS Exchange 1

Credit points: 6 Session: Semester 1,Semester 2
This unit is for students on exchange studying in a Master of Management program at one of the CEMS member institutions.
CEMS6102 CEMS Exchange 2

Credit points: 6 Session: Semester 1,Semester 2
This unit is for students on exchange studying in a Master of Management program at one of the CEMS member institutions.
CEMS6103 CEMS Exchange 3

Credit points: 6 Session: Semester 1,Semester 2
This unit is for students on exchange studying in a Master of Management program at one of the CEMS member institutions.
CEMS6104 CEMS Exchange 4

Credit points: 6 Session: Semester 1,Semester 2
This unit is for students on exchange studying in a Master of Management program at one of the CEMS member institutions.
CEMS6105 CEMS Advanced Strategy Exchange

Credit points: 6 Session: Semester 1,Semester 2
This unit is for students on exchange studying in a Master of Management program at one of the CEMS member institutions.
CEMS6106 CEMS Global Management Practice Exchange

Credit points: 6 Session: Semester 1,Semester 2
This unit is for students on exchange studying in a Master of Management program at one of the CEMS member institutions.
MMGT6004 Managing People and Organisations

Credit points: 6 Session: Intensive May,Intensive November,Semester 1 Classes: 4 hours per week Prerequisites: A minimum of 24 credit points of MMGT or CEMS units Assessment: final exam (50%), group project (25%), individual assignment (25%)
Note: This unit is only available to students enrolled in the Master of Management or Master of Management (CEMS).
This unit introduces students to the management of people and organisational processes, with attention to the international context of management practice. It explores the functions of management and the critical role of effective human resource management and leadership of the business enterprise. Key managerial decisions covered include: effective teamwork; managing organisational change and innovation; and the central role of leadership in all areas of the business enterprise. Students are exposed to insights from the following three business knowledge streams: Organisational Behaviour, Human Resource Management, and Cross-cultural Management.
MMGT6008 Marketing

Credit points: 6 Session: Intensive August,Intensive September,Semester 1 Classes: Block mode, 5 days, 9am-5pm Prerequisites: A minimum of 24 credit points of MMGT or CEMS units Assessment: individual assignment (30%); group assignments (15%); group presentation (25%); exam (30%)
Note: This unit is only available to students enrolled in the Master of Management or Master of Management (CEMS).
A core skill for managers in an increasingly competitive world is applying marketing principles within the context of the international marketplace. This unit equips students with key decision-making tools, helping them answer critical questions about managing the marketing effect in the global market place. The unit introduces fundamental marketing concepts and theories and demonstrates their practical application within the international arena. Topics include market and competitive analysis, market segmentation and product positioning, brand and product management, pricing issues, integrated marketing, communications, measuring return on marketing investment, and managing the international organisation and external relationships responsible for successful implementation. Case studies are used to illustrate concepts and their practical application.
MMGT6012 Business Tools for Management

Credit points: 6 Session: Intensive March,Intensive October Classes: Block mode, 5 days, 9am-5pm Assessment: 4x quizzes (15%), computer exam (30%), group assignment (25%), final exam (30%)
Note: This unit is only available to students enrolled in the Master of Management or Master of Management (CEMS).
Quantitative analysis is a key activity in developing successful business strategies in the areas of business management. Successful business strategies are generally based on diverse forms of analysis on information collected from a wide range of sources. This unit provides an introduction to the theory and principles of quantitative analysis of business markets through lectures, computer workshops, and practical assessments requiring the analysis of various types of data. Through classes and assessments designed to specifically teach students how to undertake quantitative research in a practical manner, students are able to conduct their own quantitative analysis of market places.
MMGT6017 Advanced Financial Management

Credit points: 6 Session: Intensive August,Intensive May Classes: Block mode, 5 days, 9am-5pm Prohibitions: MMGT6003 or MMGT6016 Assumed knowledge: Working knowledge of basic financial and accounting principles Assessment: individual assignment (20%); individual assignment (30%); final exam (50%)
Note: This unit is only available to students enrolled in the Master of Management or Master of Management (CEMS).
This unit focuses on the theory and practice of financial decision making and management within organisations. Its subject matter includes a review of the economic logic of financial decisions, drawing from the finance and accounting disciplines. Decision making within a management context is emphasised and the course will prepare candidates to advise management (and critical stakeholders) on a range of complex strategic financial issues facing an organisation. The unit requires candidates to draw on basic economic principles but also requires them to consider broader behavioural and organisational considerations. The objective of the unit is to balance the need for quantitative and qualitative management tools. The philosophy is that in a sophisticated organisation, these are inseparable essentials for successful financial management.