12 points, SCA Band 3, 0.250 EFTSL
Postgraduate - Unit
Refer to the specific census and withdrawal dates for the semester(s) in which this unit is offered.
Global Executive MBA Foundation I unit comprises two component topics: Global Political Economy and Business Models and Strategy.
Managing in the global business environment requires a sound understanding of the dynamics of the global political economy. Drawing on studies in international relations, trade and development policy and comparative political economy, Global Political Economy focuses on how states, institutions, corporations and markets interact to generate macroeconomic and social outcomes. Business models and strategies are critically shaped by these dynamics and the related fundamentals of political movements, global trade, finance and the regulatory influence of institutions such as the UN, IMF, World Bank and WTO.
Business models describe how organisations are configured to create, deliver and appropriate value. Among the primary forces disrupting existing models are globalisation and technology; industry boundaries are being reshaped and entirely new industries are being created. Business Models and Strategy provides an understanding and evaluation of these issues, develops the capabilities to analyse their impact on participants' businesses, and the creates the ability to design appropriate strategic initiatives and responses.
The learning goals of this unit are to:
- evaluate the role and impact of global institutions and policy on economies and businesses and demonstrate the ability to create and implement appropriate initiatives and responses
- evaluate the implications of social, technological and other dynamics on business models and strategy and demonstrate the ability to create and implement appropriate initiatives and responses
Within semester assessment: 100%
Minimum total expected workload to achieve the learning outcomes for this unit is 288 hours per semester typically comprising a mixture of scheduled learning activities and independent study. Independent study may include associated readings, assessment and preparation for scheduled activities. The unit requires on average six/eight hours of scheduled activities per week. Scheduled activities may include a combination of teacher directed learning, peer directed learning and online engagement.
See also Unit timetable information