BACKGROUND AND RATIONALE

Managerial Economics module introduces learners to managerial economics. Starting with explaining the nature and scope of managerial economics then proceeds to demonstrating how to carry out demand analysis, it demonstrates how to carry out production and cost aanalysis, it explains the market structures and pricing practices and ends with explaining competition and protection of consumers’ environment.

BJECTIVES
The objectives of this module are:
– To explain the nature and scope of managerial economics
– To demonstrate how to carry out demand analysis,
– To demonstrate how to carry out production and cost analysis,
– To explain the market structures and pricing practices
– To explain competition and protection of consumers’ environment.

LEARNING OUTCOMES

At the end of this module learners should be able to:

– Know and explain the nature and scope of managerial economics
– Know and apply the process of carrying out demand analysis,
– Know and apply the process of carrying out production and cost analysis,
– Know and apply the knowledge on the market structures and pricing
practices
– Know and apply the knowledge on competition and protection of
consumers’ environment.

COURSE CONTENT

• UNIT 1: Explaining the Nature and Scope of Managerial Economics
• UNIT 2: Demonstrating how to carry out Demand analysis
• UNIT 3: Demonstrating how to carry out Production and Cost Analysis
• UNIT 4: Explaining the market structures and pricing practices
• UNIT 5: Explaining Competition and Protection of Consumers Environment

ASSESMENT

RECOMMENDED READINGS
D. M. Mithani. (2017). Managerial Economics. New Delhi: Himalaya Publishing
House
William F. Samuelson and Stephen G. Marks (2012). New York: John Wiley &
Sons, Inc.

BACKGROUND AND RATIONALE
Financial Risk Management module introduces learners to financial risk management. The module begins by describing aspects of financial risks, it explains the process of managing corporate risk, explains the process of appraising banks and their regulators and explains the aspects of corporate governance and risk management. The module further analyses the theory of risk and return, it describes the interest rate risk and hedging with derivatives, explains the instruments for hedging interest rate risk, the Interpretation of credit scoring and retail credit risk management, describes value at risk and stress testing and explains the process of applying stress testing and scenario analysis techniques. The module further explains the process of commercial credit risk and rating of individual credits, it outlines the new approaches to measuring credit risk, explains the process of applying new credit risk transfer methods, it describes the operational risks and model risks and ends with explaining the process of applying trends in risk management.

OBJECTIVES
The objectives of this module are:
– To describe aspects of financial risks,
– To explain the process of managing corporate risk,
– To explain the process of appraising banks and their regulators
– To explains the aspects of corporate governance and risk management.
– To analyse the theory of risk and return,
– To describe the interest rate risk and hedging with derivatives,
– To explain the instruments for hedging interest rate risk,
– To explain the process of interpreting credit scoring and retail credit risk
management,
– To describe value at risk and stress testing
– To explain the process of applying stress testing and scenario analysis
techniques.
– To explain the process of commercial credit risk and rating of individual
credits,
– To outline the new approaches to measuring credit risk,
– To explain the process of applying new credit risk transfer methods,
– To describe the operational risks and model risks
– To explain the process of applying trends in risk management.

LEARNING OUTCOMES
At the end of this module learners should be able to:
– Know and describe aspects of financial risks,
– Know and apply the process of managing corporate risk,
– Know and apply the process of appraising banks and their regulators
– Know and explain the aspects of corporate governance and risk
management.
– Know and apply the theory of risk and return,
63
– Know and apply the principle on interest rate risk and hedging with
derivatives,
– Know and apply the instruments for hedging interest rate risk,
– Know and apply the process of interpreting credit scoring and retail credit
risk management,
– Know and explain the principle of value at risk and stress testing
– Know and apply the process of stress testing and scenario analysis
techniques.
– Know and apply the process of commercial credit risk and rating of
individual credits,
– Know and apply the new approaches to measuring credit risk,
– Know and apply the process of new credit risk transfer methods,
– Know and explain the principles on operational risks and model risks
– Know and apply the trends in risk management.

COURSE CONTENTS
UNIT 1: Describe aspects of financial risks
UNIT 2: Managing corporate risk
UNIT 3: Appraising banks and their regulators
UNIT 4: Explaining aspects of corporate governance and risk management
UNIT 5: Analysing the theory of risk and return
UNIT 6: Describing the interest rate risk and hedging with derivatives

UNIT 7: Explaining instruments for hedging interest rate risk

UNIT 8: Interpreting credit scoring and retail credit risk management

UNIT 9: Describing value at risk and stress testing

UNIT 10: Applying stress testing and scenario analysis techniques

UNIT 11: Explaining of commercial credit risk and rating of individual credits.

UNIT 12: Outlining new approaches to measuring credit risk.

UNIT 13: Applying new credit risk transfer methods

UNIT 14: Describing operational risks and model risks

UNIT 15: Applying trends in risk management

ASSESMENT

PRESCRIBED READINGS

Michel Crowly, Dan Galaland and Robert Mark. The Essentials of Risk
Management.
John C Hull. (2nd Edn). Risk Management and Financial Institutions

RECOMMENDED READINGS
Fabozzi F. J, Modglin F, Frank J. J. and Michael G. G.F. Financial Markets and
Institutions. (3rd Edition)

BACKGROUND AND RATIONALE
Production and Operations Management module introduces learners to production and operations management. The module starts by explaining the nature and scope of operations management, it then explains the process of analysing demand forecast, it further explains the process of identifying the various aspects of inventory management. The module further explains how to interpret different aspects of production planning, it explains the different aspects of resource requirement planning (MPR), describes the operations of quality management and ends with explaining production scheduling techniques.

OBJECTIVES
The objectives of this module are:
– To explain the nature and scope of operations management,
– To explain the process of analysing demand forecast,
– To explain the process of identifying the various aspects of inventory management.
– To explain how to interpret different aspects of production planning,
– To explain the different aspects of resource requirement planning (MPR),
– To describe the operations of quality management
– To explain the production scheduling techniques.

LEARNING OUTCOMES
At the end of this module learners should be able to:
– Know and explain the nature and scope of operations management,
– Know and apply the knowledge on the process of analysing demand
forecast,
– Know and apply the knowledge on the process of identifying the various
aspects of inventory management.
– Know and apply the knowledge on how to interpret different aspects of
production planning,
– Know and apply knowledge on the different aspects of resource
requirement in planning (MPR),
– Know and apply the knowledge on the operations of quality management
– Know and apply the knowledge on the production scheduling techniques.

COURSE CONTENTS
UNIT 1: Explaining the nature and scope of operations management
UNIT 2: Analysing Demand forecast
UNIT 3: Identifying the various aspects of Inventory management
UNIT 4: Interpreting different aspects of production planning
UNIT 5: Explaining different aspects of resource requirement planning (MPR)
UNIT 6: Describing operations quality management
UNIT 7: Explaining production scheduling techniques

ASSESMENT

PRESCRIBED READINGS
Nahamias S., (2009)(6th Edn). Production and Operations Analysis:
International Edition. McGraw-Hill International Edition

RECOMMENDED READINGS
Russel & Taylor (2011) (7th Edn). Operations Management: International
Version. Wiley & Sons (Asia) Pte Ltd.
Norman Gaither and Greg Frazier, Operations management

BACKGROUND AND RATIONALE
Strategic Management module introduces learners to strategic management. The module begins by describing the nature and scope of strategic management. It proceeds on explain the framework for strategic management, it explains the process of developing strategic planning i: mission vision, goals and objectives, and explains the process of conducting strategic planning ii: swot analysis, strategies, policies & implementation. The module further explains the process of undertaking productivity & quality improvements, it explains the process of resource management i: process re-engineering, it explains the process of analysing resource management ii: cost analysis, explains the process of resource management iii: budgeting. The module further explains the process of change management, it explains how to apply organizational controls, explains how to Apply performance evaluation and ends with explaining how to Apply systems information management and decision making support systems.

OBJECTIVES
The objectives of this module are:
– To describe the nature and scope of strategic management.
– To explain the framework for strategic management,
– To explain the process of developing strategic planning i: mission vision,
goals and objectives,
– To explain the process of conducting strategic planning ii: swot analysis,
strategies, policies & implementation.
– To explain the process of undertaking productivity & quality improvements,
– To explain the process of resource management i: process re-engineering,
– To explain the process of analysing resource management ii: cost analysis,
explains the process of resource management iii: budgeting.
– To explain the process of change management,
– To explain how to apply organizational controls,
– To explain how to Apply performance evaluation
– To explain how to apply systems information management and decision
making support systems.

LEARNING OUTCOMES
At the end of this module learners should be able to:
– Know and explain the nature and scope of strategic management.
– Know and apply the knowledge on the framework for strategic
management,
– Know and apply the knowledge on the process of developing strategic
planning i: mission vision, goals and objectives,
– Know and apply the knowledge on the process of conducting strategic
planning ii: swot analysis, strategies, policies & implementation.
– Know and apply the knowledge on the process of undertaking productivity
& quality improvements,
– Know and apply the knowledge on the process of resource managementi: process re-engineering,
– Know and apply the knowledge on the process of analysing resource
management ii: cost analysis, explains the process of resource
management iii: budgeting.
– Know and apply the knowledge on the process of change management,
– Know and apply the knowledge on organizational controls,
– Know and apply the knowledge on performance evaluation
– Know and apply the knowledge on systems information management and
decision making support systems.

COURSE CONTENTS
UNIT 1: Describing the nature and scope of Strategic Management.
UNIT 2: Explaining the framework for strategic management
UNIT 3: Developing strategic planning i: mission vision, goals and
objectives
UNIT 4: Conducting strategic planning ii: swot analysis, strategies policies &
implementation.
UNIT 5:Undertaking productivity & quality improvement
UNIT 6: plaining resource management i: process reengineering
UNIT 7: Analysing resource management ii: cost analysis
UNIT 8: Explaining resource management iii: budgeting
UNIT 9: Managing change management
UNIT 10: Applying organizational control
UNIT 11: Applying performance evaluation
UNIT 12: Applying systems information management and
decision making support systems

ASSESSMENT

PRESCRIBED READINGS

Rabin, J., Miller, G. and Hildreth, W.B. (2000). Handbook of Strategic
Management. New York: Marcel Dekker.
Tate, C.E., Taylor, M.L. and Hoy, F.S. (1987). Business Policy: Administrative,
Strategic and Constituency Issues. Dallas: Business Publications.

RECOMMENDED READINGS
Theodor Wyeld Paul Calder and Haifeng Shen (2015). Computer-Human Interaction: Cognitive Effects of Spatial Interaction, Learning, and Ability. Switzerland: Springer International Publishing

David Benyon (2014). Designing Interactive Systems: A comprehensive guide to HCI, UX and interaction design. London: Pearson Education