University of Sydney Handbooks - 2021 Archive

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Master of Management (CEMS)

Table of postgraduate unit 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).

Unit outlines will be available through Find a unit outline two weeks before the first day of teaching for 1000-level and 5000-level units, or one week before the first day of teaching for all other units.
 

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: Refer to the unit of study outline https://www.sydney.edu.au/units Assessment: Refer to the unit of study outline https://www.sydney.edu.au/units
Note: Refer to the unit of study outline https://www.sydney.edu.au/units
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
Note: Refer to the unit of study outline https://www.sydney.edu.au/units
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 September Classes: Refer to the unit of study outline https://www.sydney.edu.au/units Prohibitions: CEMS6105 Assessment: Refer to the unit of study outline https://www.sydney.edu.au/units
Note: Refer to the unit of study outline https://www.sydney.edu.au/units
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 Leadership

Credit points: 6 Session: Semester 1 Classes: Refer to the unit of study outline https://www.sydney.edu.au/units Prohibitions: CEMS6106 Assessment: Refer to the unit of study outline https://www.sydney.edu.au/units
Note: Refer to the unit of study outline https://www.sydney.edu.au/units
This unit addresses how to lead globally in a diverse and multicultural context. To build a global leadership competence that can understand and effectively leverage on diversity, the unit focuses on leading innovation efforts. Innovation thrives on heterogeneous perspectives, capabilities, and backgrounds. At the same time, innovation is rife with complexities, uncertainties and ambiguities, which regularly lead to conflicts. Innovation leadership requires a less rule and more relationship-based approach, which makes it a special case for managing a diverse workforce in a complex environment. It also raises awareness of issues related to openness, sustainability, and inclusiveness for global leaders.
CEMS6005 Poverty Alleviation and Profitability

Credit points: 6 Session: Semester 1,Semester 2 Classes: Refer to the unit of study outline https://www.sydney.edu.au/units Assessment: Refer to the unit of study outline https://www.sydney.edu.au/units
Note: Refer to the unit of study outline https://www.sydney.edu.au/units
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 September Classes: Refer to the unit of study outline https://www.sydney.edu.au/units Prohibitions: IBUS6020 Assessment: Refer to the unit of study outline https://www.sydney.edu.au/units
Note: Refer to the unit of study outline https://www.sydney.edu.au/units
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.
CEMS6013 Ethical International Business Decisions

Credit points: 6 Session: Semester 1,Semester 2 Classes: Refer to the unit of study outline https://www.sydney.edu.au/units Prohibitions: IBUS6005 Assessment: Refer to the unit of study outline https://www.sydney.edu.au/units
Note: Refer to the unit of study outline https://www.sydney.edu.au/units
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: Refer to the unit of study outline https://www.sydney.edu.au/units Prohibitions: MMGT6015 Assessment: Refer to the unit of study outline https://www.sydney.edu.au/units
Note: Refer to the unit of study outline https://www.sydney.edu.au/units
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 November,Semester 1,Semester 2 Classes: Refer to the unit of study outline https://www.sydney.edu.au/units Assessment: Refer to the unit of study outline https://www.sydney.edu.au/units
Note: Refer to the unit of study outline https://www.sydney.edu.au/units
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
Note: Refer to the unit of study outline https://www.sydney.edu.au/units
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
Note: Refer to the unit of study outline https://www.sydney.edu.au/units
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
Note: Refer to the unit of study outline https://www.sydney.edu.au/units
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
Note: Refer to the unit of study outline https://www.sydney.edu.au/units
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 2
Note: Refer to the unit of study outline https://www.sydney.edu.au/units
This unit is for students on exchange studying in a Master of Management program at one of the CEMS member institutions.
CEMS6106 CEMS Global Leadership Exchange

Credit points: 6 Session: Semester 1
Note: Refer to the unit of study outline https://www.sydney.edu.au/units
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 June,Intensive November,Semester 1 Classes: Refer to the unit of study outline https://www.sydney.edu.au/units Prerequisites: A minimum of 24 credit points of MMGT or CEMS units Assessment: Refer to the unit of study outline https://www.sydney.edu.au/units
Note: Refer to the unit of study outline https://www.sydney.edu.au/units
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 April,Intensive September,Semester 1 Classes: Refer to the unit of study outline https://www.sydney.edu.au/units Prerequisites: A minimum of 24 credit points of MMGT or CEMS units Assessment: Refer to the unit of study outline https://www.sydney.edu.au/units
Note: Refer to the unit of study outline https://www.sydney.edu.au/units
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 June,Intensive November Classes: Refer to the unit of study outline https://www.sydney.edu.au/units Assessment: Refer to the unit of study outline https://www.sydney.edu.au/units
Note: Refer to the unit of study outline https://www.sydney.edu.au/units
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 April,Intensive September Classes: Refer to the unit of study outline https://www.sydney.edu.au/unit Prohibitions: MMGT6003 or MMGT6016 Assumed knowledge: Working knowledge of basic financial and accounting principles Assessment: Refer to the unit of study outline https://www.sydney.edu.au/unit
Note: Refer to the unit of study outline https://www.sydney.edu.au/units
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. As such, the unit prepares candidates for the sophisticated management of firm finances. Equally, the unit prepares candidates to advise management on a range of complex strategic financial issues. 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.
BUSS6101 Elective Option

Credit points: 6 Session: Semester 1,Semester 2 Classes: Refer to the unit of study outline https://www.sydney.edu.au/units Assessment: Refer to the unit of study outline https://www.sydney.edu.au/units
Note: Refer to the unit of study outline https://www.sydney.edu.au/units
Elective unit option.