University of Sydney Handbooks - 2021 Archive

Download full 2021 archive Page archived at: Thu, 23 Sep 2021 13:38:13 +1000

Master of Management

Table of postgraduate units of study: Master of Management

The units of study listed in the following table are those available for the current year. Students may also include any units of study, which are additional to those currently listed, which appear under these subject areas in the Business School handbook/website in subsequent years (subject to any prerequisite or prohibition rules).

Unit outlines will be available through Find a unit outline two weeks before the first day of teaching for 1000-level and 5000-level units, or one week before the first day of teaching for all other units.
 

Management

Master of Management

Students must complete 60 credit points in units of study, comprising:
(i) 36 credit points in core units of study
(ii) 12 credit points in elective units of study
(ii) a 12 credit point capstone unit of study

Graduate Certificate in Management*

Students must complete a minimum of 24 credit points in core units of study.

Units of study for the degree

Core units of study

(i) Students must complete all the following core units
MMGT6001 Strategy

Credit points: 6 Session: Intensive April,Intensive September Classes: Refer to the unit of study outline https://www.sydney.edu.au/units Assessment: Refer to the unit of study outline https://www.sydney.edu.au/units
Note: Refer to the unit of study outline https://www.sydney.edu.au/units
How can managers understand their environment, industry, resources and capabilities to achieve business success? This unit explores different levels of strategy, including corporate and business-level strategy. Strategy is, fundamentally, about making choices and deliberately choosing to be different. Strategic management seeks to understand how these choices and differences can (and sometimes cannot) create sustainable and exceptional value for shareholders, customers, employees and other related stakeholders. Questions addressed include: How can market opportunities be reviewed and understood? How can creativity be harnessed to generate strategic options? How does a firm build and develop resources and capabilities in a global and local competitive environment? When is collaboration preferable to competition? The unit highlights the challenges of strategic decision making as well as implementation. Insights from innovation theory and practice are integrated throughout the unit.
MMGT6012 Business Tools for Management

Credit points: 6 Session: Intensive June,Intensive November Classes: Refer to the unit of study outline https://www.sydney.edu.au/units Assessment: Refer to the unit of study outline https://www.sydney.edu.au/units
Note: Refer to the unit of study outline https://www.sydney.edu.au/units
Quantitative analysis is a key activity in developing successful business strategies in the areas of business management. Successful business strategies are generally based on diverse forms of analysis on information collected from a wide range of sources. This unit provides an introduction to the theory and principles of quantitative analysis of business markets through lectures, computer workshops, and practical assessments requiring the analysis of various types of data. Through classes and assessments designed to specifically teach students how to undertake quantitative research in a practical manner, students are able to conduct their own quantitative analysis of market places.
MMGT6015 Digital Transformation

Credit points: 6 Session: Intensive July,Intensive November Classes: Refer to the unit of study outline https://www.sydney.edu.au/units Prohibitions: MMGT6011 Assessment: Refer to the unit of study outline https://www.sydney.edu.au/units
Note: Refer to the unit of study outline https://www.sydney.edu.au/units
Digital innovation is transforming markets, organisations and management itself. It is an important means for businesses in creating value for customers, and a necessary aspect of a modern manager's mindset. On the one hand, managers have to be able to critically examine the nature and promises of digital technology to make sense of unfolding trends and to avoid the trappings of technological fashions. On the other hand, the field of digital innovation offers new managerial techniques and tools for effective organizational management in changing environments. In this unit, students learn to re-imagine the way in which business is done through digital technology and to employ managerial innovations such as agile methods and insight generation and design thinking for creative problem framing and solving. Learning is based on hands-on in-class activities, case study analysis, and classroom discussions.
MMGT6020 Leadership

Credit points: 6 Session: Intensive June,Intensive November Classes: Refer to the unit of study outline https://www.sydney.edu.au/units Assessment: Refer to the unit of study outline https://www.sydney.edu.au/units
Note: Refer to the unit of study outline https://www.sydney.edu.au/units
This unit is designed to help students understand their own potential to become an impactful leader and their own responsibility in achieving this goal. The primary focus is therefore personal development leading to enhancement of both leadership and followership skills. Through learnings from multidisciplinary areas, such as psychology, organization behaviour and cross-cultural management students gain understanding of phenomena that affect the leadership role. More importantly, the unit encourages students to reflect upon who they are as leaders and who they would like to become. This unit is a unique opportunity to take responsibility and ownership for one's personal development and growth. The insights gained in this unit are directly applicable to students' personal and professional lives
MMGT6688 The Future of Business

Credit points: 6 Session: Intensive June,Intensive November Classes: Refer to the unit of study outline https://www.sydney.edu.au/units Prohibitions: MMGT6100 Assessment: Refer to the unit of study outline https://www.sydney.edu.au/units
Note: Refer to the unit of study outline https://www.sydney.edu.au/units
This unit introduces students to a range of analytical tools and skills to understand, unpack, evaluate and influence the future of business. A range of megatrends, issues, crisis and concerns (such as digitisation and technology, resource scarcity, demographic change and smart cities) confronting both the public and private sectors are examined and the ways in which they can be addressed are explored. The unit of study has two main purposes. Firstly, to build problem-solving skills which allow students to think creatively about the future needs of stakeholders; and secondly to develop students' ability to work efficiently in a team environment. The unit provides a variety of learning experiences through which students get to practice these skills in the digital space and reflect on their experiences. This unit is only available to students enrolled in the Master of Management programs.
(ii) Master of Management students must complete six credit points from the following core unit collection:
MMGT6016 Financial Management

Credit points: 6 Session: Intensive April,Intensive September Classes: Refer to the unit of study outline https://www.sydney.edu.au/units Prohibitions: MMGT6003 or MMGT6017 Assumed knowledge: This unit is appropriate for candidates with no prior knowledge of accounting and financial management. Assessment: Refer to the unit of study outline https://www.sydney.edu.au/units
Note: Refer to the unit of study outline https://www.sydney.edu.au/units
This unit equips candidates with the financial management skills and tools to analyse, interpret, and act upon the accounting and financial information produced within an organisation. The unit covers different types of financial information and how this can be utilised to generate insights about organisational performance, position and risk as well as make management decisions that generate economic value. Real life complexities in the performance evaluation and decision making process are also discussed, along with limitations relating to the individual approaches and techniques presented.
MMGT6017 Advanced Financial Management

Credit points: 6 Session: Intensive April,Intensive September Classes: Refer to the unit of study outline https://www.sydney.edu.au/unit Prohibitions: MMGT6003 or MMGT6016 Assumed knowledge: Working knowledge of basic financial and accounting principles Assessment: Refer to the unit of study outline https://www.sydney.edu.au/unit
Note: Refer to the unit of study outline https://www.sydney.edu.au/units
This unit focuses on the theory and practice of financial decision making and management within organisations. Its subject matter includes a review of the economic logic of financial decisions, drawing from the finance and accounting disciplines. Decision making within a management context is emphasised. As such, the unit prepares candidates for the sophisticated management of firm finances. Equally, the unit prepares candidates to advise management on a range of complex strategic financial issues. The unit requires candidates to draw on basic economic principles but also requires them to consider broader behavioural and organisational considerations. The objective of the unit is to balance the need for quantitative and qualitative management tools. The philosophy is that in a sophisticated organisation, these are inseparable essentials for successful financial management.

Elective units of study

MMGT6004 Managing People and Organisations

Credit points: 6 Session: Intensive June,Intensive November,Semester 1 Classes: Refer to the unit of study outline https://www.sydney.edu.au/units Prerequisites: A minimum of 24 credit points of MMGT or CEMS units Assessment: Refer to the unit of study outline https://www.sydney.edu.au/units
Note: Refer to the unit of study outline https://www.sydney.edu.au/units
This unit introduces students to the management of people and organisational processes, with attention to the international context of management practice. It explores the functions of management and the critical role of effective human resource management and leadership of the business enterprise. Key managerial decisions covered include: effective teamwork; managing organisational change and innovation; and the central role of leadership in all areas of the business enterprise. Students are exposed to insights from the following three business knowledge streams: Organisational Behaviour, Human Resource Management, and Cross-cultural Management.
MMGT6008 Marketing

Credit points: 6 Session: Intensive April,Intensive September,Semester 1 Classes: Refer to the unit of study outline https://www.sydney.edu.au/units Prerequisites: A minimum of 24 credit points of MMGT or CEMS units Assessment: Refer to the unit of study outline https://www.sydney.edu.au/units
Note: Refer to the unit of study outline https://www.sydney.edu.au/units
A core skill for managers in an increasingly competitive world is applying marketing principles within the context of the international marketplace. This unit equips students with key decision-making tools, helping them answer critical questions about managing the marketing effect in the global market place. The unit introduces fundamental marketing concepts and theories and demonstrates their practical application within the international arena. Topics include market and competitive analysis, market segmentation and product positioning, brand and product management, pricing issues, integrated marketing, communications, measuring return on marketing investment, and managing the international organisation and external relationships responsible for successful implementation. Case studies are used to illustrate concepts and their practical application.
MMGT6014 Business in China

Credit points: 6 Session: Intensive December,Intensive July Classes: Refer to the unit of study outline https://www.sydney.edu.au/units Prohibitions: (CEMS6006 or IBUS6020) or MMGT6015 Assessment: Refer to the unit of study outline https://www.sydney.edu.au/units
Note: Refer to the unit of study outline https://www.sydney.edu.au/units
Business in China is an intensive immersion unit of study that is delivered in China. The unit introduces students to the Chinese business environment of both the private and state sectors. Integrated with the unit's delivery are site visits to businesses in China and an insight into the cultural features of the Chinese economy. While the company engagements may vary from year to year, the topics to be addressed will likely include areas such as the management challenges of entering new markets, managing across cultures and regulatory environments, identifying and realising new opportunities and management and coordination challenges in multinational firms. The learning in this unit of study will be supported by industry and academic experts working in China.
MMGT6018 Innovation and Entrepreneurship

Credit points: 6 Session: Intensive April,Intensive September Classes: Refer to the unit of study outline https://www.sydney.edu.au/units Assessment: Refer to the unit of study outline https://www.sydney.edu.au/units
Note: Refer to the unit of study outline https://www.sydney.edu.au/units
The objective of this unit is to provide students with an understanding of the process involved successfully engaging in innovation and entrepreneurship. This aim requires an interdisciplinary approach balancing innovation management and entrepreneurial processes. The unit addresses the role of innovation and opportunity recognition, business start-up and growth, developing resources, corporate entrepreneurship, and innovation in existing firms. The unit is built to develop knowledge, insights and skills to exploit opportunities and prepare students to launch a start-up or to drive innovation within an existing company. Insights from entrepreneurial practice and theory are integrated throughout the unit.
MMGT6019 Contemporary Topic in Management

Credit points: 6 Session: Intensive June,Intensive November Classes: Refer to the unit of study outline https://www.sydney.edu.au/units Assessment: Refer to the unit of study outline https://www.sydney.edu.au/units
Note: Refer to the unit of study outline https://www.sydney.edu.au/units
This unit will focus on a particular topic. Topics will vary from semester to semester.

Capstone unit of study

MMGT6101 MMGT Business Project

Credit points: 12 Session: Semester 1,Semester 2 Classes: Refer to the unit of study outline https://www.sydney.edu.au/units Assessment: Refer to the unit of study outline https://www.sydney.edu.au/units
Note: Refer to the unit of study outline https://www.sydney.edu.au/units
The Business Project provides students with practical experience in applying management knowledge and skills in business analysis and team-working to researching a significant business challenge or opportunity in a host organisation and preparing and presenting an evidence-based business report of a high professional standard. Most students are already familiar with various business disciplines through course work; however, the interdisciplinary use of this knowledge and the capacity to translate it into practical solutions is often a new challenge. The project permits students to combine theory and practice - learning how to analyse problems, develop recommendations and propose solutions to the problem. In addition to providing hands-on experience on how to deal with a business problem, the unit also offers a unique opportunity hone research skills in a cross-functional team context. Students work in small groups of four (4) or five (5) and partner with a real organisation over a ten (10) week period to research and recommend solutions to a real business problem identified in consultation with the partner organisations. Projects range from social entrepreneurship programs, where students work with community groups and NGOs, through to consultancy projects for large multinational corporations. Projects are overseen by a specifically appointed consulting mentor and students also have access to business mentors throughout the project. Following preparatory learning in advanced applied research methods, students design and undertake investigative research on an agreed business issue, deliver a presentation and provide a written report to the client organisation, as well as to create and disseminate a Thought Leadership Piece on a topic linked to their challenge.