Business, Commerce and Management Studies - Generic Management
The Bachelor of Commerce degree in Management Sciences aims to provide learners with the following objectives:
Advanced Knowledge and Skills: Equip learners with advanced knowledge and skills in various technical aspects of management sciences to promote sustainable growth and development.
Maximise Prosperity: Enable learners to maximise prosperity in all sectors of the economy and society through the application of management sciences principles.
Competent Leaders: Develop competent leaders in management sciences with advanced applied fundamental and generic cross-functional technical knowledge and skills.
Steer Sustainable Development: Prepare learners to steer sustainable development, growth, and prosperity in the most appropriate direction.
Specialised Studies: Provide students interested in further specialised studies with a solid academic and research foundation to pursue specialized disciplines within management sciences.
By achieving these objectives, the programme aims to produce skilled professionals who can contribute effectively to the sustainable growth and development of various sectors in the economy and society.
To demonstrate sound understanding of theoretical explanations and modelling, one must stay updated on the latest advances in the field. This involves keeping abreast of new research findings, technological developments, and emerging trends. The ability to apply theoretical concepts to practical situations is crucial in order to effectively manage business organizations, human resources, supply chains, and public sector organizations.
In terms of technical bodies of knowledge, it is essential to have a deep understanding of the core technical aspects of management-related subjects within chosen fields. This includes knowledge of business strategies, financial management, marketing principles, operational processes, human resource management practices, supply chain logistics, and public sector governance.
Extensive practical experiences and skills related to the core technical aspects of management are gained through hands-on involvement in real-world business scenarios. This practical exposure allows individuals to apply theoretical knowledge to actual situations, develop problem-solving skills, and enhance decision-making abilities.
To manage business organizations effectively and efficiently at advanced levels, one must focus on maximizing profits through strategic planning, financial analysis, and operational optimization. This involves making informed decisions based on data-driven insights and market trends.
Managing human resources effectively and efficiently at advanced levels requires a specialized understanding of human capital development, talent management, employee engagement, and performance evaluation. By investing in the growth and well-being of employees, organizations can enhance their competitive advantage and achieve sustainable success.
Participating in the advanced management of the supply chain involves optimizing logistics, inventory management, procurement strategies, and supplier relationships. By streamlining processes and enhancing collaboration within the supply chain, organizations can improve efficiency and reduce costs.
Managing public sector organizations effectively and efficiently in the pursuit of the public interest requires a specialized focus on governance, accountability, transparency, and stakeholder engagement. By aligning organizational objectives with societal needs, public sector entities can enhance service delivery and promote the common good.
Integrated assessment of these skills and competencies can be achieved through a variety of methods, including individual and group assignments, simulations, workplace assessments, presentations, tests, and examinations. By combining theoretical knowledge with practical application, individuals can demonstrate their ability to manage organizations at advanced and technically specialized levels across various fields of management.
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