MASTER OF BUSINESS ADMINISTRATION (MBA) pdf

Organization of the Programme The MBA programme is organized into five specialization slants; viz: Finance, Marketing, Human Resource Management, Tax Administration or Project Management

INTRODUCTION

The Master of Business Administration (MBA) Programme is developed to meet the needs for employment and professional advancement in the dynamic and rapidly growing sector

of business and industry The curricula provide students with advance courses that have been designed in consultation with leaders in business and industry These courses reflect the most recent international development in management and industrial good practices including technology The courses are geared towards preparing the students to be responsive and competent professionals They will have the ability to manage and analyze various aspects of management, industrial administration and also understand environmental factors to ensure strategic development Furthermore, they will be able to determine and identify ways to improve performance of the organization in a complex and competitive world

Objectives

The main objectives of the programme are:

1 Training of high profile individuals for management of state-owned as well as

private entities/institutions

2 Combining administrative and financial applications in theory and practice to help

graduates put their best foot forward in a complex work environment

3 Providing in-depth knowledge in the most recent financial and administrative

innovations in order to upgrade skills in human and material resources

Clientele

The programme will cater for professionals in job situations and also those who wish to upgrade and improve their competence in teaching skills It will also create avenues for young graduates who would want to make business administration a career option

Organization of the Programme

The MBA programme is organized into five specialization slants; viz:

Finance, Marketing, Human Resource Management, Tax Administration or Project Management (18 months duration) There is also an MBA for Senior Executives (24 Months by part time)

The MBA for Executive caters for highly placed Executives (Senior Managers, Managing Directors, etc), who would not have the luxury of time to study full-time; but can spare the evenings and weekends to attend face-to face contact with their tutors

Assessment Procedure

All students must undergo a 10 week internship and start dissertation work proper during the long vacation between the 2nd and 3rd semesters

An internship report will be graded as part of the continuous assessment The examination process will comprise of continuous assessment and written exams for each course The following weighting will apply:

- Written exams - 60%

- Continuous Assessment - 25%

- Internship Report - 5%

2 nd Semester

No Course

Code

Core/

Elective

Hrs

5 MBA 655 Core Statistical Analysis & Computer Applications 3

8 MBA 628 Elective Industrial and Labour Relations 3

9 MPA 625 Elective Accounting, Auditing and Tax Application in Sierra

Leone

3

Code

Hrs

6 MBA 646 Elective Capital Markets & Institutions 3

7 MBA 647 Elective Advertising & Consumer Behaviour 3

9 MPA 616 Elective Tax Legislation and General Principles in Sierra

Leone

3

10 MBA 619 Elective Introduction to project management and systems 3

11 MBA 629 Elective Contract and Procurement Management 3

Total Credit Hours/Student in Project Management 21

3 rd Semester

No Course

Code

Hrs

2 MBA 661 Core Advanced Personnel Administration 3

6 MBA 635 Elective Investment Management & Portfolio Theory 3

8 MBA 637 Elective Organization and Development 3

9 MPA 663 Elective Tax Administration and Compliance in Sierra

Leone

3

10 MBA 649 Elective Integrated Planning and Scheduling 3

Entry Requirements

M B A (Executive)

- All applicants must posses a bachelors degree in any field of study from a recognized University

- Must be in employment and not below the level of manager in the organization and must have had at least three years working experience

M B A (Administration, Project Management or Finance)

A good first degree from a recognized University

Course Structure

The M B A Programme will be completed in 18 months commencing with the beginning

of each academic year An academic Dissertation in a topical issue related to business will

form part of the MBA Programme The dissertation should be of a length of between 10,000 and 15,000 words

Finance Option

MBA 616 1 Capital Markets & Institutions 3

MBA 626 2 Corporate Financial Policy 3

MBA 635 3 Investment Management & Portfolio theory 3

MBA 617 1 Advertising & Consumer Behaviour 3

Human Resources Option Course Credits

MBA 618 1 Advanced Personnel Administration 3

MBA 628 2 Industrial & Labour Relations 3

MBA 637 3 Organization and development 3

Project Management Option

MBA 619 1 Intro to Project Management & Systems 3

MBA 629 2 Project Risk Management 3

MBA 639 3 Contract and Procurement Management 3

MBA 649 4 Integrated Planning and Scheduling 3

Taxation Option

MPA 616 Tax Legislations and General Principles in Sierra Leone

MPA 625 Accounting, Auditing and Tax Application in Sierra Leone

MPA 636 Tax Administration and Compliance in Sierra Leone

Course Grading

Course work as well as the project will be graded in accordance with the following:

75+ A

Award of the MBA Degree

The MBA shall be awarded to candidates who obtain a minimum of pass (i.e C) in every course including the project leading to the accumulation of 60 credit hours

OUTLINE OF COURSES

1 st Semester

MBA 641 - Accounting for Managers

An accounting course designed to introduce the student to basic accounting concepts, practices and procedures Emphasis is on the techniques and theories of recording and reporting of financial data to external users of accounting information collection, summarization and reporting of data in accordance with generally accepted accounting principles The course would provide an opportunity for examining fundamental problems

in accounting and the reconciliation of theory with practice

MBA 642 - Economic Analysis I

The main purpose of this course is to quickly introduce the student to Economic Analysis incorporating micro and macro economic analysis Since the intention is to familiarize the student with the subject, the focus will be on preparing the student to appreciate the relevance of economic analysis in management Topics to be covered will include, among others, decision making within the firm, behaviour of individual firms reacting to supply and demand forces, the consequences alternative market structures, value and distribution, partial and general welfare equilibrium, national income and prices, monetary system, fiscal and monetary policies, etc This course deals with business decision-making within the firm, and business policies Topics to be covered will include supply and demand analysis; value and distribution; partial and general welfare equilibrium

MPA 615 - Process of Management

The purpose of this course is to enable students understand the process of management in complex organizations The approach will be both historical and comparative drawing heavily on empirical evidence and experience The major focus will be the Sierra Leone work organizations with evidence provided by other contexts as points of departure The course will among others address the following issues: the evolution of management in both theory and practice; the role and nature of management in different socio-economic systems; the functions of management; human factors in management; approaches to the measurement and control of organizational performance; organizational efficiency and effectiveness; the handling of delegation and time in organization and management development; organization design problems of management in the under-developed as well

as developed countries and emergent perspectives and practices

MBA 619 – Introduction to Project Management and Systems

With an emphasis on planning, this course introduces project management fundamentals and principles from the standpoint of the manager, who must organize, plan, implement and control non-routine activities to achieve schedule, budget and performance objectives Topics include project life cycles, organization and charters; work breakdown structures; responsibility matrixes; as well as planning, budgeting and scheduling systems Planning and control methods such as PERT/CPM, Gantt charts, earned value systems, project

management software applications and project audits are introduced

MBA 629 – Contract and Procurement Management

This course examines processes through which goods and services are acquired in the

project management environment Topics include contract and procurement strategies;

legal issues; contract pricing alternatives; technical, management and commercial

requirements; RFP development; source selection; invitations to bid; bid evaluation; risk

assessment; and contract negotiation and administration

MBA 644 - Marketing Management

The course is intended to equip the student with the wherewithal for the formulation and effective implementation of marketing programmes in the context of flux-filled and opportunity-generating environment It will adopt the managerial approach, relying heavily on the use of case studies In the analysis of cases, the student assumes the role of

a top marketing executive engaged in marketing planning, decision-making and problem

solving The course begins with a study of the underlying forces, which shape marketing decisions such as the marketing system, demand, consumer motivation and behaviour, and the economic, legal, political and socio-cultural contents within which all marketing decisions must be made

Considerable attention will be devoted to the analysis of the components of a good marketing strategy (target-market selection, product, price, promotion, and distribution decisions) and the integration of these elements into an internally and externally consistent whole Other topics to be covered will include marketing intelligence and social and ethical issues in marketing as they relate to marketing plan formulation and implementation

MBA 645 - Quantitative Methods for Business

The purpose of this course is to develop basic competence and judgment in using quantitative techniques to solve and analyze decision making problems in business fields The course will consist of:

1 Elementary set theory; functions; inequalities; graphs and elementary matrix

Operations

2 Concept of Optimization: will include the formulation of mathematical models,

basic notion of differential and integral calculus with business applications, and general treatment of applications of linear programming techniques

3 Statistical Analysis: will include basic notion of probability, descriptive data

analysis, statistical inference and simple regression analysis Emphasis will be placed on problem structure and formulation, while, when possible, standard computer programmes will be used in obtaining solutions

MBA 646 - Capital Markets & Institutions

A survey of the structure and operation of the market for medium and long-term securities The course will examine the nature, types, sources and uses of securities as well as the nature, objectives, structure, functions and practices of institutions such as the stock exchange, acceptance houses, trusts, investment banks, insurance companies, and international finance institutions Economic and legal aspects of the capital market, analysis of interest rates, cost of capital, prices of securities, risks dividend policies and their implications for investment decision and income will also be studied

MBA 647 - Advertising & Consumer Behaviour

This course is intended to enable the student understand the basis and nature of consumer Purchasing and consumption behaviour, the formulation and implementation of effective advertising programmes and thus prepare him for better marketing decision-making The course is inter-disciplinary, relying heavily on concept and theories borrowed and adapted from other behavioural sciences especially psychology, social psychology, sociology, economics and anthropology

Topics to be covered will include the role of Advertising in the marketing mix, advertising and the process of communication, influence of buyer behaviour on the character of promotional efforts, determining basic promotional strategy; choice of appropriate methods

to achieve desired objectives; planning creative strategy

MBA 618 - Human Resource Management

The most valuable and most dynamic of all resources are the topics to be discussed in this course The students would be required to understand the principles and processes involved in the procurement, utilization, and compensation of human resources Topics to

be covered will include modern organization theories, forecasting and planning of human resources, its relevance of productivity and the concepts of its measurement, recruitment, selection including tests and interviews, job analysis and evaluation, performance appraisal, leadership and satisfaction theories and practice, wages-theories and administration, trade unionism in Sierra Leone and in the international context, collective bargaining, factory administration, etc

MPA 616 - Tax Legislation and General Principles in Sierra Leone

Introduction to the Sierra Leone Tax Law

- Principles of Taxation, Periods and Types of Assessment, Other Relevant

Regulations;

- Sources of Tax Law and Regulations

Types of taxes and their bases of assessment

- Customs and Excise Department

- Income Tax Department

- Non-Tax Revenue

- Gold and Diamond Office

Imposition of Tax

- Classes of Taxpayers (Chargeable Persons), Rates, Exempt Bodies/Exempt Income

Income Assessment 1: Employees

- Types of Income chargeable, Determining Assessable Income

Income Assessment 2: Unincorporated business

- Calculation of Chargeable Income, Deductible Expenses, Capital Allowances,

- Partnerships

Tax Units

- Company Tax Principles

Tax Withheld at Source, Withholding obligations

- Introduction and General Principles for Value Added Tax

Taxation of corporate businesses

- The impact of corporation tax on the transactions and other activities of corporate taxpayers

(a) Principles and scope of corporation tax

(b) Rules, basis and application of corporation tax

(c) Calculating the corporation tax due: company financial statements;

adjustments to profits; capital allowances; thresholds and rates of company tax

(d) Minimizing/deferring tax liabilities by identifying/applying relevant

exemptions, relief and allowances

2 nd Semester

MBA 639 – Project Risk Management