Program Proposal Document Master of Business Administration (Finance) pot

Program Proposal Document Master of Business Administration Finance School of Business... Master of Business Administration Finance – MBA FinancePage 2 of 8 Funding Source: Impact on A

Program Proposal Document

Master of Business Administration

(Finance)

School of Business

Master of Business Administration (Finance) – MBA (Finance)Page 2 of 8

Funding Source:

Impact on Administering School and/or Partner Schools/Sections and other areas:

Advisory Process/Staff Involved in this Proposal

Summary of Courses:

Credit Points/Progress Units Required for Program Completion: 5

Australian Standard Classification of Education (ASCED) Code:

Master of Business Administration (Finance) – MBA (Finance)Page 3 of 8

School of Business

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 ( 4 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 3 semesters India (Education) require that masters Degrees be of 2 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 4 of 8

School of Business

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

Concepts and Practice

BUMGT5927 Creativity and Innovation

BUMGT6973 Project

Management

BUECO6922 Economics of Globalisation

BULAW5911 Managing the

BUACC5933 Cost and

Management Accounting

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 5 of 8

School of Business

60CPs (4 courses)

 BUMKT5901 Marketing

 BUACC5901 Accounting and Finance

 BUMGT5921 Organisations: Behaviour, Structure and Processes

 BUECO5903 Business Economics

• Graduate Diploma of Management

120CPs 8 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

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 6 of 8

School of Business

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 6 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 7 of 8

• 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 8 of 8

School of Business

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

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