Program Proposal Document Master of Business Administration (Finance) pot

Program Proposal Document Master of Business Administration (Finance) School of Business Table of Contents Program Registration Number: Program Title: Standard Abbreviation: Program Code: Administering School/Section: Partner School/Section: Proposed Introduction Date: Overview/Rationale for Program: Need & Demand: Funding Source: Staffing: Resources: Impact on Administering School and/or Partner Schools/Sections and other areas: Advisory Process/Staff Involved in this Proposal Program Structure: Summary of Courses: Program Aims: Program Objectives: Credit Points/Progress Units Required for Program Completion: Duration in Equivalent Full Time years: Australian Standard Classification of Education (ASCED) Code: Modes & Locations of Offering: Admission Requirements: Available to International Students: Graduate Attributes: Professional Skills & Capabilities: Master of Business Administration (Finance) – MBA (Finance)Page School of Business of 3 3 3 4 5 6 6 Program Title: Master of Business Administration (Finance) Standard Abbreviation: MBA (Finance) Program Code: BR9 Administering School/Section: School of Business Partner School/Section: Not applicable Proposed Introduction Date: 1/2011 Overview/Rationale for Program: School of Business seeks approval for Master of Business Administration with a Finance major (degree called MBA (Finance) comprising 16 courses delivered over a two year ( semester) period) The Agreement with the Somani Corporation for the delivery of UB Programs in India at the new Somani Ballarat Institution includes Masters Degrees in Business Administration with majors in Marketing, Finance and International Management as well as ‘general’ ( ie no specialisation) The existing MBA’s with these specialisations (except for MBA (IM)) were designed for the (then) current market/partner demand and consist of 12 courses delivered over semesters India (Education) require that masters Degrees be of years duration – hence the need to redesign our offerings to suit this need/requirement The School of Business already has one two-year MBA Program with a specialisation in International Management and this proposal seeks to use this successful design as the basis for the new programs for the India market All courses in the proposed Programs are currently being offered within the MBA (IM) Program either as core courses or as electives – this proposal is simply a redesign specifically requested for the India market (and for other markets if and where there is demand) Essentially the design takes the MBA(IM) and replaces the International Management courses with Finance related courses There are a number of significant changes in the market environment supporting the introduction of this new program: • Changes in migration regulations • Demand for more breadth and depth in graduate study, particularly from international students • Partner requirements • India requirements • Identified in demand in India via Somani student cohorts Master of Business Administration (Finance) – MBA (Finance)Page School of Business of The proposed new course, MBA(Finance), addresses these issues and may therefore be used for international or domestic students Need & Demand: Identified demand in India (and indeed other markets, perhaps at a later stage) for a two year 16 course program which enables students to study over a 24 month period This is also a government requirement in some markets such as India This program recognises the reality of the market situation in locations such as India and has been requested by Somani as part of the course development and government registration requirement Resources: As there are no new courses to be developed, there will be a minimal impact on the School of Business and the library There will be no extra IT support, specialist facilities, or equipment required to develop or support this course Program Structure: The curriculum for the program utilises existing accredited master’s level courses and has been developed to provide students with contemporary and challenging material Course TP1* BUMKT5901 Marketing BUACC5930 Accounting Concepts and Practice BUMGT5921 Organisations: Behaviour, Structure and Processes BUECO5903 Business Economics Course BUMGT6973 Project Management BULAW5911 Managing the Legal Environment BUMKT6942 International Business BUACC5933 Cost and Management Accounting Course BUHRM5912 Human Resource Management BUMGT5927 Creativity and Innovation STATS6900 Quantitative Methods for Business BUMKT5922 Competitive Analysis TP3 Course BUECO6922 Economics of Globalisation BUECO6923 Financial Markets and Institutions BUACC5936 Financial Management Capstone Course: BUMGT5926 Strategy and Management of Change There are two exit points prior to completion of MBA(GM): • Graduate Certificate of Management Master of Business Administration (Finance) – MBA (Finance)Page School of Business TP2 of TP4 60CPs (4 courses)  BUMKT5901 Marketing  BUACC5901 Accounting and Finance  BUMGT5921 Organisations: Behaviour, Structure and Processes  BUECO5903 Business Economics • Graduate Diploma of Management 120CPs courses  BUMKT5901 Marketing  BUACC5901 Accounting and Finance  BUMGT5921 Organisations: Behaviour, Structure and Processes  BUECO5903 Business Economics  BUHRM5912 Human Resource Management  BUMGT5927 Creativity and Innovation  BUMGT6073 Project Management  BUMKT5922 Competitive Analysis Program Aims: The course will provide students with theoretical and practical concepts of management and in particular general management with a strong emphasis on finance based on global and regional case studies and contexts The MBA (Finance) general orientation prepares students for roles in management and in addition provides a choice of specialised study The emphasis is on developing a sound working knowledge of core disciplines and the analytical skills necessary to understand and direct the work of other functional and operational specialists in cross commercial settings Program Objectives: Graduates of this program will be able to: • Develop as high potential individuals capable of serving the advanced management needs of local, national and global enterprises • Develop knowledge and competencies for operational and strategic perspectives • Acquire a sound working knowledge of the core disciplines of business supplemented by an in-depth study of an advanced specialisation • Develop the conceptual frameworks and skills of critical analysis applicable to entrepreneurial operations in a global economy • Understand and apply financial concepts to a global and local context and within in a business environment Credit Points/Progress Units Required for Program Completion: 240 Credit points, note full time study per semester is equal to 60 credit points Master of Business Administration (Finance) – MBA (Finance)Page School of Business of Application may be made for advanced standing and credit for prior graduate study Recognised Prior Learning (RPL) may sometimes lead to the award of credit following submission of a portfolio of work addressing the learning outcomes for the course in which credit is sought Applications for credit and advanced standing are assessed by the School of Business Program Committee A limit of 50% of credit applies unless it is granted under the University of Ballarat Regulation 5.2 Duration in Equivalent Full Time years: The course is designed to enable students to undertake four courses of studies a semester to complete all requirements in four semesters (or its equivalent if undertaken part time) Maximum duration of enrolment shall be years, except in special cases where permission to extend is granted by the School of Business Programs Committee Modes & Locations of Offering: X distance learning short-course based X block mode X standard teaching period delivery X partner providers (All on-shore and off-shore partner providers except ATMC) X other (if other please give details) may include some distance learning supported by block intensive classes on campus Please note the School responsible for delivering the program will ensure that the delivery at Partner Providers will comply with the relevant Partner Provider Academic Calendars as posted on the web Admission Requirements: • A Bachelor degree or equivalent professional qualification • Applicants holding other academic or professional qualifications and/or with no work experience may also be granted admission to the program following an evaluation of their academic and professional skills Available to International Students: Yes Graduate Attributes: Graduates of this program will demonstrate the following characteristics: • An up-to-date understanding and appreciation of management-related and practical expertise Master of Business Administration (Finance) – MBA (Finance)Page School of Business of • An understanding that the maintenance of professional competence is an ongoing process requiring a commitment to life-long continuous learning* • Interpretational, analytical and problem-solving skills, and be able to construct and evaluate arguments • Effective communication skills in English enabling them to pursue further learning and become an engaged citizen* • Achieve high standards of professional practice by understanding ethical and professional issues by encouraging behaviour to act in a socially responsible* manner and to make inform decisions • Understand management responsibility and role in a social, cultural, historical and economic context by being independent reflective critical thinkers • Ability to adjust to a changing environment and respond to new opportunities (* UB Graduate Attributes) Professional Skills & Capabilities: It is expected that students completing the program will have the skills and capabilities to begin a management career in Australia or overseas and to pursue full membership of one of the professional bodies for example the Australian Institute of Management Staffing: Below are outlines of School of Business teaching staff profiles The UB teaching staff will be drawn from, but not limited to, the following School of Business Management, Marketing, Commerce, Accounting and Finance discipline staff members: Mike Willis - Associate Professor of Marketing BA Melb DipEd WA MBus PhD Monash Robert Errey- Lecturer in Marketing BBus (SA Inst of Tech), GradDipStats (Canberra CAE), MBA (WA), MCom (Melb),GradCertEd (Tertiary Ed) (Ballarat) Sam Henson - Lecturer in Marketing BBus(Mktg) Chisholm, MBA Monash, PhD Ballarat Bob O’Shea - Lecturer in Marketing Fellowship DipBusPublicAdmin RMIT, Grad DipBusAdmin Swinburne MBA Ballarat Helen Song-Turner - Lecturer in Marketing & Business BE China; MBA Finance, MBA International Business, University of Akron, U.S.A.; Grad Cert Ed (Tertiary Education) University of Ballarat Master of Business Administration (Finance) – MBA (Finance)Page School of Business of Christine O'Connor - Senior Lecturer in Management (Human Resources) BArts James Cook, GradDipPsych James Cook, MOrgPsych Qld Lorene Gottschalk – Senior Lecturer in Management BBus (Mngt &Psych) RMIT, GradDipAdultEducation&Training Melb.Inst of Ed, MA Monash, PhD Melb Abdul Moyeen – Lecturer in Management BCom (Hons in Management) M.Com (Mgmt) (Dhaka), PhD (Stirling UK) Raveendranath Nayak - Lecturer in Management BEng MTech Mysore India PhD Swinburne Philippa Wells - Associate Professor of Law LLB (Hons) Cant., MPhil Waik., PhD Aut University, DipBA., NDA Alex Millmow - Senior Lecturer in Economics B.Eco (Hons), Monash; Grad Dip Eco, UNE; Grad Dip Eco Hist, ANU; MA, ANU; PhD ANU Paul McPhee - Lecturer in Economics BEc (UNE); DipAppliedEco (UQ); MEco (Research UQ) David Spiers - Lecturer in Economics AWASM; B Bus, Post Grad Dip Bus Admin (WAIT);M Bus (Curtin) Brian West - Professor of Accounting BBus BCAE PhD Deakin Samantha Hettihewa – Lecturer in Finance B Com (Hons) (Sri Lanka), MA (Hons) (New Hampshire, USA), PG Dip App Stats (Sri Lanka), PG Dip App Fin (FINSIA Aust), PhD (New Hampshire, USA) Barbara McCartney - Lecturer in Accounting B Fin Admin UNE, DipEd UTS, M Com Woll Pat Thompson - Lecturer in Accounting MPA GradCertEd(Tertiary) Ballarat Master of Business Administration (Finance) – MBA (Finance)Page School of Business of ... School of Business of 3 3 3 4 5 6 6 Program Title: Master of Business Administration (Finance) Standard Abbreviation: MBA (Finance) Program Code: BR9 Administering School/Section: School of Business. .. appreciation of management-related and practical expertise Master of Business Administration (Finance) – MBA (Finance)Page School of Business of • An understanding that the maintenance of professional... Management of Change There are two exit points prior to completion of MBA(GM): • Graduate Certificate of Management Master of Business Administration (Finance) – MBA (Finance)Page School of Business