University of Sydney Handbooks - 2019 Archive

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Master of Management

Table of postgraduate units of study: Master of Management

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).

Timetabling information for the current year is available on this website: Timetables.

Management

Master of Management

Students must complete 60 credit points in units of study, comprising:
(i) 48 credit points in core units of study
(ii) a 12 credit point capstone unit of study

Graduate Certificate in Management*

Students must complete a minimum of 24 credit points in core units of study.

Units of study for the degree

Core units of study

(i) Students must complete all the following core units
MMGT6001 Strategy and Entrepreneurship

Credit points: 6 Session: Intensive August,Intensive March Classes: Block mode, 5 days, 9am-5pm Assessment: case study (40%); group presentation (20%), final exam (40%) Mode of delivery: Block mode
Note: This unit is only available to students enrolled in the Master of Management.
How can managers understand their environment, industry, resources and capabilities to achieve business success? This unit explores different levels of strategy, including corporate and business-level strategy for both established and start-up ventures. Strategy is, fundamentally, about making choices and deliberately choosing to be different. Strategic management seeks to understand how these choices and differences can (and sometimes cannot) create sustainable and exceptional value for shareholders, customers, employees and other related stakeholders. Questions addressed include: How can market opportunities be reviewed and understood? How can creativity and opportunity be harnessed across all phases of start-up, growth and maturity? How does a firm (or individual) build and develop resources and capabilities in a global and local competitive environment? When is collaboration preferable to competition? How can risk and uncertainty be evaluated and managed? The unit highlights the challenges of strategic implementation as well as analysis and planning. Insights from entrepreneurial practice and theory are integrated throughout the unit.
MMGT6003 Accounting and Financial Management

Credit points: 6 Session: Intensive August,Intensive March Classes: Block mode, 5 days, 9am-5pm Assessment: individual assignment (50%) and exam (50%) Mode of delivery: Block mode
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 financial management within organisations. Its subject matter includes a review of the economic logic of financial decisions, drawing on the modern theories of finance and management accounting. Topics covered include capital budgeting, costing for pricing, real options valuation, and all of the other fundamental elements of financial decision making. Decision making within a management context is emphasised. The unit requires an understanding of not only economic principles but also 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 of successful financial management.
MMGT6004 Managing People and Organisations

Credit points: 6 Session: Intensive March,Intensive May,Intensive October 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%) Mode of delivery: Normal (lecture/lab/tutorial) day
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 Global Marketing Management

Credit points: 6 Session: Intensive April,Intensive August,Intensive March Classes: Block mode, 5 days, 9am-5pm Prerequisites: A minimum of 24 credit points of MMGT or CEMS units Assessment: strategic marketing plan (40%), presentation - marketing plan (20%), final exam (40%) Mode of delivery: Block mode
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 May,Intensive October Classes: Block mode, 5 days, 9am-5pm Assessment: 4x quizzes (15%), computer exam (30%), group assignment (25%), final exam (30%) Mode of delivery: Block mode
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.
MMGT6013 Project Management in Context

Credit points: 6 Session: Intensive February,Intensive July Classes: Block mode, 5 days, 9am-5pm Prerequisites: A minimum of 18 credit points of MMGT or CEMS units Assessment: project report (60%); final exam (40%) Mode of delivery: Block mode
Note: This unit is only available to students enrolled in the Master of Management or Master of Management (CEMS).
Projects are key to the success of organisations be it through the introduction of new products, the implementation of new processes or the opening of new markets. It is not enough though for a project to be delivered in isolation. Consideration must be given to how projects relate to other projects and the broader organisation. The foundation of this unit is the Project Management Body of Knowledge (PMBOK) where the essential components of project management and how to manage a project to success are covered. Building upon this students learn how to maximise the value of the project. Students come to understand the benefits, and mechanics, of programmes, project management offices and effectively managing any organisational change with a project. This unit can contribute to the achievement of internationally recognised accreditation from the Project Management Institute (PMI).
MMGT6688 The Future of Business

Credit points: 6 Session: Semester 1,Semester 2 Classes: 10 weeks x 3 hour seminar/workshop. company panels, company visits and studio times (approx. 8-10 hours). Prohibitions: MMGT6100 Assessment: question and justification (10%); answer and reflection (10%); content contribution (20%); class participation (10%); presentation video (25%); summary report (25%) Mode of delivery: Normal (lecture/lab/tutorial) day
Note: This unit is only available to students enrolled in the Master of Management programs.
This unit introduces students to a range of analytical tools and skills to understand, unpack, evaluate and influence the future of business. A range of megatrends, issues, crisis and concerns (such as digitisation and technology, resource scarcity, demographic change and smart cities) confronting both the public and private sectors are examined and the ways in which they can be addressed are explored. The unit of study has two main purposes: (1) to build problem-solving skills which allow students to think creatively about the future needs of stakeholders and (2) develop students' ability to work efficiently in a team environment. The unit provides a variety of learning experiences through which students get to practice these skills in the real and digital space and reflect on the experience of working in a small team with real stakeholders.
This unit is only available to students enrolled in the Master of Management programs.
(ii) Master of Management students must complete six credit points from the following units:
MMGT6014 Business in China

Credit points: 6 Session: Intensive July Classes: This unit of study comprises 13 workshop/seminar sessions of 3hrs contact time each. Prohibitions: (CEMS6006 or IBUS6020) or MMGT6015 Assessment: project report (60%), presentation (20%), reflective journal (20%) Mode of delivery: Field experience
Business in China is an intensive immersion unit of study that is delivered in China. The unit introduces students to the Chinese business environment of both the private and state sectors. Integrated with the unit's delivery are site visits to businesses in China, and an insight into the cultural features of the Chinese economy. While the company engagements may vary from year to year, the topics to be addressed will likely include areas such as the management challenges of entering new markets, managing across cultures and regulatory environments, identifying and realising new opportunities and management and coordination challenges in multinational firms. The learning in this unit of study will be supported by industry and academic experts working in China.
MMGT6015 Managing Digital Innovation

Credit points: 6 Session: Intensive July,Intensive November,Semester 1 Classes: 5 weeks X 8 hour seminar / workshop / studio time Prohibitions: MMGT6011 Assessment: individual journal (x6)(30%); project presentation (30%); summary report (40%) Mode of delivery: Normal (lecture/lab/tutorial) day, Block mode
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.

Capstone unit of study

MMGT6101 MMGT Business Project

Credit points: 12 Session: Semester 1,Semester 2 Classes: This is a workplace based unit of study. There are no formal classes. Assessment: scoping document (0%), business project report (45%), business project presentation (25%), thought leadership piece and learning portfolio (30%) Mode of delivery: Field experience
Note: Note: This unit is only available to students enrolled in the Master of Management.
The Business Project provides students with practical experience in applying 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 - 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 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 also 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.