Fundamentals of Strategic Management
7.5 credits cr.
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In an expanding world where economic, political, social and technological environments becoming increasingly dynamic, the field of strategy has never had greater significance, nor has it been more multifaceted for organizations competing in the marketplace.
Strategy is the process of defining objectives and moving towards the achievement of those objectives in a business, government, or not-for-profit context. Moreover, the context of local, national and international issues facing organizations is both diverse and challenging and the need for thinking, analysis, and decision-making are considered rudiments of strategic management. This course on ‘Fundamentals of Strategic Management’ introduces the concept of strategy and explores the basic tenets of strategic purpose, strategic analysis, business and corporate level strategies and the dynamic nature of strategy in organizations. This course also aims to provide students an understanding of contemporary perspective of strategic management.
The course workload is 200 hours equivalent to 7,5 ECTS (40 hours per week equivalent to 1,5 ECTS). The language of instruction is English.
The course consists of a combination of lectures, seminars and group work and requires a significant portion of self-study on the part of students. Assessment for the course will be continuous and is carried throughout the different activities of the course. Please note that all teaching and learning activities - such as lectures, seminars, and assessment tasks - are carried out in English.
Assessment for the course will be continuous and is carried throughout the different course activities. Each assessment task is weighted in relation to its importance in the overall assessment of the course. The student's results from the different assessment tasks are added up to a total course score that will then translate into the final grade for the course.
The course contains the following weighted assessment tasks.
1. Individual final multiple choice questions (MCQ) exam.
2. Formative team-based case analysis (2-pages) and peer-review (1-page) (seminar 3).
3. Formative team-based analysis of a chosen organization (4-pages) and 20-minutes power point presentation and 10 minutes for questions (seminars 4 and 5).
After completion of the course, students will receive grades on a scale related to the intended learning outcomes of the course. Passing grades are A, B, C, D and E. Failing grades are Fx and F. A grade Fx can be completed for a grade E.
ScheduleThe schedule will be available no later than one month before the start of the course. We do not recommend print-outs as changes can occur. At the start of the course, your department will advise where you can find your schedule during the course.
Note that the course literature can be changed up to two months before the start of the course.
See reading list in the current syllabus.