Business & Management


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Overview
Example classes within this interest area
Example careers
Relevance to Myanmar
What students have said
Undergraduate Majors
Graduate Majors


Overview:

A career in business is more varied than most people think. It can involve the obvious functions such as management and marketing, but more and more the need for business major specialists to apply their skills in government, international commerce, health care, arts, and non-profit organizations is being recognized. A business education is the backbone for economic, political and social systems at all levels. Your business degree can be applied to any industry and can also be used to help you start your own business. A college degree in business is said to be the most practical area of study since the curriculum provides students with so many real world applications and thus a smooth transition from school to career. Even so, students are advised to be prepared for the constant changes in the job market. Rather than choosing to focus your studies in an area that has a high demand for graduates as you start your program, pursue a path that is more in line with your own interests and talents. As Business is a wide major you could decide to specialize in one field of business study, such as: administration and management, international business, business communication, marketing or finance. Nevertheless you should like studying mathematics, computer and English if you choose a business major.

You can define management as the process of getting work done through people. It is management’s responsibility to achieve and maintain a business organization’s effectiveness. Management majors are prepared for careers in either general management (or in the specialization of human resource management) or entrepreneurship Traditionally, management includes activities such as planning, organizing, leading, and controlling. Management is responsible for the primary activities of the firm; those being inbound logistics, operations, outbound logistics, marketing and sales, and service. Management is also responsible for the support activities of infrastructure (accounting, finance, strategic planning), human resource management (recruiting, training and development, compensation management), technology development (product and process improvement), and procurement (material acquisition). Management crosses cultural boundaries as most organizations of significant size operate internationally.

Business and Management majors may include the following classes:

  • Macroeconomics
  • Microeconomics
  • Marketing
  • Accounting
  • Leadership and Motivation
  • Finance
  • Mathematics and Analysis
  • Management

Example careers:

  • Accountant
  • Bank Officer
  • Manager
  • Market Researcher
  • Small Business Owner

Relevance to Myanmar:

Myanmar has a thriving market scene so business and management skills are in demand. As Myanmar modernizes, businesses and organizations need to be competitive in order to survive. Currently Myanmar businesses need to be competitive as there are new investments in the country, notably coming from China and Thailand which are increasing pressure to reform. Many outdated business practices are commonplace in Myanmar which lead to inefficiency. There is a need for students to study business and management because without it, Myanmar businesses may be put out of business by investments and companies coming from abroad. The best way for Myanmar to survive in a global world is to be aware of common issues including: contractual obligations, quality vs. quantity, generation of repeat business, customer service, and retention of employees. Teachers to a classroom are the same as managers to business. Having better educated business workers and managers means more overall success for the business. As Myanmar gradually reforms, it will open its doors for trade, technology, and capital flows. There will be a demand for skilled workers who know about financial matters, investments, and production.

Business workers and managers do not only need to be concerned with business in the sense of companies and profits. Many of the skills and practices these students will learn about will be equally applicable to non-profit and community-based organizations as well.

What Myanmar Students at University Have Said:

Why is the subject you studied (or are studying now) important for Myanmar?

  • Business knowledge is as important as other knowledge we have
  • The economic or market situation is poor and does not benefit the Burmese people
  • Not all students can afford to go to university in Myanmar
  • This subject is not well taught at high school and there is a lack of knowledge in business/economics of the country
  • It is important that people have overall knowledge of economics for the long term planing for business development and the economic development of the country
  • The economic sector is playing an important role in the country as in the political sector
  • To be able to compare and contrast (review) Myanmar’s economic situation with other neighbor countries or ASEAN countries

How have you been able to use your education after you graduated (or how will you in the future)?

  • Accounting skill as accountant
  • Managing skill as a school principal/trainer
  • Teaching/sharing general knowledge on business and economics at school
  • Becoming involved in rural economic development schemes to reduce poverty
  • Maintaining natural resources in an environmentally friendly manner

What are the real job opportunities to work for Myanmar with your degree?

  • Private business
  • Human Resources Management and Marketing
  • A teacher/lecturer/professor at School or Faculty of Business Administration
  • Accountant
  • Business Research and Development
  • Banking

Undergraduate Majors:

Graduate Majors:

Undergraduate Major Descriptions:

Accountancy/Accounting

Accounting provides the means for organizing, summarizing and interpreting information about economic activities within companies and organizations. Managers, lenders, analysts, and investors use this information. Accountants play a critical and ever-changing role in this process by providing relevant information to decision-makers and by acting as advisors in its interpretation. Accountants are needed within business organizations to provide information to business managers and to control business operations. Accountants can also work independently of businesses as public accountants providing management services, taxation advice and independent audit service, which lend credibility to financial and other information.

Agribusiness Management

This major combines management subjects (to sharpen the student’s business perspective) with technical-agricultural courses and is for those wishing to work in an agricultural industry or in the agricultural business field.

Business Management/Administration

The Business Management Program prepares young men and women to become competent managers and entrepreneurs who are fully aware of their social responsibility. The program provides these future professionals with skills in research, opportunity seeking, analysis, and decision-making in the area of business management. Students of the program are taught to be responsive to technological developments, and international economic conditions, and are expected to have the training and motivation necessary to start their own businesses.

Development Management

A degree in Development Management is an intensive, innovative and practitioner-oriented program designed to prepare development executives and practitioners to manage and lead public and civil society organizations, cooperatives and private non-profit firms. Throughout the course candidates have the opportunity to discuss pertinent leadership issues, and to analyze and find the best practices and tools for environmental scanning, organizational diagnosis, governance, leadership excellence, strategic management and leadership, functional skills, programs and projects management. The program seeks to transform candidates into development managers who design structures, devise systems, create a culture, and formulate superior strategies. This program is truly committed to produce development managers who will create public value and maximize the sustainable public good in their respective organizations, communities and nations after graduation.

E-Business (Electronic Business) Management

Electronic commerce consists primarily of the distributing, buying, selling, marketing, and servicing of products or services over electronic systems such as the Internet and other computer networks. If you choose a E-Business major you will study also e-advertising, e-marketing and web applications in order to learn how to set up an e-business on your own.

Entrepreneurship

This major focuses on those aspects that relate to the creation of new businesses. Entrepreneurship students plan to start and manage their own business. They receive instruction in the traditional business disciplines such as accounting, finance, management and marketing. Entrepreneurs are risk takers who, in an effort to develop new approaches to business, try to stay ahead of the emerging trends by innovating and challenging the products and organizations already in existence. Entrepreneurship relies on creativity, self-initiative and long-term vision. Although all business majors should exhibit these traits, the emphasis in entrepreneurship is related to establishment and management of a small and growing venture. Entrepreneurship emphasizes leadership skills that can be used to motivate people in a growing business environment, particularly as related to starting and nurturing a new business, and the process of business planning. Specific areas studied include idea-getting, opportunity recognition, feasibility studies, new venture financing, and starting a new business.

Environmental Planning and Management

This major upholds the need to balance economic growth with social justice and the conservation of natural resources. The program covers different aspects of planning at the urban and regional level, for social sectors such as housing and education, and for economic sectors such as agriculture and commerce. Students are taught to render plans in both spatial (maps) and technical (proposals) forms. Students take up courses in the earth sciences: biology, chemistry, ecology, and environmental impact assessment. They are prepared for current social realities with subjects in community relations and advocacy, and are also asked to take up special subjects in corporate environmental management and environmental law.

Finance (and Banking)

The field of finance considers how businesses raise, spend and invest capital; how individuals and firms allocate their resources among varying investment alternatives; and how financial markets function. Finance is all about creating value. Both individual investors and corporate managers try to identify investment opportunities in financial and real assets that will create value for themselves, or their firm’s investors. In competitive global markets, creating value is very hard to do. Yet, this is what makes Finance both challenging and fun, and why a degree in Finance can lead to a career that is both satisfying and lucrative. The Banking and Finance program aims to prepare graduates for a career in financial institutions such as banks, financial intermediaries, stocks and future brokerages, insurance, and also for other types of enterprises.

Hotel, Restaurant, Food and Tourism Management

This major deals with the development of the necessary and adequate technical and managerial skills and knowledge as well as formation of desirable attitude for those who would like to engage in the operation of commercial and institutional food and lodging facilities. This program is designed to equip students with all the necessary management and technical skills required in running a business in the service and hospitality industry at par with international standards. Graduates of this program are expected to be highly skilled in all disciplines of the industry, and will be oriented towards a future of entrepreneurial endeavor, like setting up their own restaurant, fast-food, hotel, resorts, or related franchises. Job Opportunities: managers, executive housekeepers, food and beverage directors, restaurant owners, leisure and recreation consultants, hospitality educators, airline crew, food stylists, executive chefs, fast-food owners, independent caterers, luxury liner crew.

Human Resource Management

The most important assets of any business are its employees. Employees need to be kept happy, trained, enthusiastic, efficient, and maybe even out of trouble. As businesses grow, and as labor relationships grow increasingly complicated and demanding, more and more companies are turning to human resource managers to help them communicate with, reward, and enthuse their employees. This requires someone who has a clear knowledge of business management and administration, as well as someone who knows how to deal with people. As a Human Resources Management major you will learn about business administration, as well as gain an understanding of corporate and labor law, planning, and psychology.

Interdisciplinary Business Studies

The Interdisciplinary Business Studies program was developed for students who desire a more generalist orientation to business. In other words, it is intended for students who are interested in business and economics, but not necessarily in a specific discipline, such as accounting, economics, finance, management, or marketing. For these students the program gives them the flexibility to design their own program of business studies.

International Business

International Business is an extension of a business program. You’ll learn about standard business practices, ethics, and economics, and you’ll generally focus on a subset of the field such as accounting, finance, or marketing. A major in International Business will lead you to use your business skills in a global context. You might learn about business transactions between and within countries; the laws and logistics of international trade; or investments made in foreign markets. It goes without saying that knowledge of other cultures is crucial to being a successful International Businessperson. Besides your studies in business, finance, banking, and the like, you will also learn about new cultures and societies, strange laws and perspectives. You might be required to become proficient in a foreign language—even if a language isn’t required for your degree, it will certainly make you a more appealing prospective employee.

Logistics and Transportation

Logistics is that part of the supply chain process that plans, implements, and controls the efficient, effective flow and storage of goods, services, and related information from point of origin to point of consumption in order to meet customers’ requirements. This major considers all aspects of the supply chain process in industry including transportation (trains, trucks), electronic ordering and supply fulfillment, warehousing and production requirements estimation. Students in logistics study a variety of management courses, including those that focus on supply chain management. They should be interested in management generally and should have an aptitude for computer usage, since many courses require computer expertise.

Management of Financial Institutions

This major seeks to develop graduates with excellent decision making, problem solving and analytical abilities and to prepare them for the formidable challenges of the financial services industry. The present program aims to train and develop future managers and professionals on the various skills, applied principles and strategies necessary for effective decision making. Specifically, the program intends to strengthen the graduates’ foundation on the quantitative and empirical research tools; sharpen their understanding of changing financial regulations, markets, products and risks; deepen their appreciation of the functional management areas in the more specialized financial services disciplines (such as investment banking, treasury management and risk management), and allow them to integrate disciplines from strategic perspectives.

Marketing Management

Marketing is the process of planning and executing the conception, pricing, promotion, and distribution of ideas, goods, and services to create exchanges that satisfy individual and organizational objectives. It is a major in which an individual manages many different aspects of a company’s marketing division. The marketing major includes study of the demographic, social, economic, technological, environmental and cultural factors influencing the demands for consumer and industrial goods and services, so that appropriate polices and procedures may be undertaken to meet these demands. Contemporary marketing managers must understand not only the traditional areas of marketing channels, sales management, advertising, and research, but must also be familiar with consumer and dealer motivation. The process requires an understanding of buyer and seller behavior within the context of the overall market environment. The program is designed to develop students for entrepreneurial or corporate work in marketing management and for them to be trainable for higher responsibilities in the same firm.

Office Administration/Management

This is the major for those wishing to learn how to effectively administrate an office. As a future office administrator you will have to study management, computer programming and some accounting as well.

Public Administration

Public (governmental and non-profit organization) administrators should be able to apply current theories of management and analytical techniques toward future challenges as well as the day-to-day problems they face. This is a major, which centers on public service and administration. Careers earned in this field are based in either government services or other public offices or services. An appreciation of the socio-economic, political, and ethical environments in which businesses/governments operate is needed to succeed in these endeavors. These students will become professionals who are knowledgeable in the theories, principles, and practices of administration and who can apply their skills in a variety of organizational settings, especially within governmental settings.

Real Estate

The real estate major obtains the knowledge and skills needed to be successful in the real estate investment and sales arena. Some real estate majors are taken within the context of a liberal arts degree, but most often this major is found within a college of business. The degree includes a general education foundation that provides for an understanding of broad social and economic issues related to the field. A general business degree with a specialization in real estate exposes graduates to all business disciplines such as accounting, personnel management, finance, information systems, management and marketing. The real estate major specifically leads students to understand real estate market analysis, site selection, investment analysis, economics relating to land use, and professional services that support real estate transactions. The major prepares students for entry-level positions in private, public, and not-for-profit real estate organizations. Many people have limited perspectives as to directions a real estate major can lead. Beyond simply showing and selling houses to potential buyers, it is only a one aspect of the field. Graduates may also work for companies that finance, lease and sell land and commercial properties. They may manage residential and commercial properties or they may be retained by a corporation to locate, acquire and develop properties used for corporate operations. Some real estate graduates work in governmental agencies and private companies to purchase land for highway construction, pipeline work, mining, or oil and gas exploration. Students majoring in Real Estate should have a strong desire to work in a business environment. They are generally outgoing people who like to meet and work with other people.

Risk and Insurance Management

The degree program core consists of risk management and parallel series of both life and non-life insurance management. This master aims to provide a mechanism for enhancing analytical skills by giving rigorous training in specific skills that are in great demand in the insurance sector, international agencies and private industry and commerce that focus on managing risks; to provide thorough knowledge on theoretical and application concepts in both life and non-life insurance management; to increase awareness in Insurance Management and its contribution to the society; to equip prospective managers with more efficient analysis and decision-making skills; to provide multi-facetted perspective in managing risks by applying a range of risk analysis techniques to technical and financial issues and to develop among professionals good value judgment and effective leadership skills toward sound problem-solving and decision-making activities.

Secretarial Administration/Computer Secretarial

With this major you will mostly study basic computer programming and application, typing and fundamentals of office management in order to work as a secretary or office administrator.

Social Work Management

The course serves to equip students with theories and practices that will enable them to manage the planning and implementation of a variety of methods/strategies in social development. The establishment of this program was based on current needs for social workers, trained to manage various social problems skillfully, systematically, and professionally towards improving the quality of life. A Bachelor of Social Work Management will allow students to find employment with government agencies or as Social Welfare Officers, Welfare Managers and Welfare Advisors with the private sector. They are also well accepted as Social Consultants and Administrators with non-governmental organizations

Sports and Recreation Management

This major aims to provide an innovative and flexible program for the training of highly skilled and professional secondary and tertiary physical education teachers, sports and recreation managers, sports directors and leaders, athletic consultants, and other fitness and sports-related personnel working for public organizations/government offices and private companies. The program is especially designed to develop management skills and competencies of future sports and recreation leaders; train potential leaders to apply management and fitness principles to practice; enhance problem-solving capabilities and creative thinking skills of sports and recreation leaders; and recognize and pursue quality recreational and fitness management techniques.

Technology Management

The pace of technological change and disruption continues to increase. Today, technology is essential to running nearly every business. Indeed, nearly every facet of modern business requires skillful use of the latest technology. It is the ability to anticipate, adapt and integrate the right technology that makes businesses successful today. Technology Management places primary emphasis on the study of the uses of technology to drive innovation, strategy, product and service development, process innovation, IT systems and operation. Other traditional aspects of management (finance, accounting, economics, marketing, sales, human resource management are integral to the study of Technology Management, but they are secondary to the study of the uses of technology for creating value in business.

Graduate Major Descriptions:

Accountancy

Accounting provides the means for organizing, summarizing and interpreting information about economic activities within companies and organizations. Managers, lenders, analysts, and investors use this information. Accountants play a critical and ever-changing role in this process by providing relevant information to decision-makers and by acting as advisors in its interpretation. Accountants are needed within business organizations to provide information to business managers and to control business operations. Accountants can also work independently of businesses as public accountants providing management services, taxation advice and independent audit service, which lend credibility to financial and other information.

Agribusiness Management

This major combines management subjects (to sharpen the student’s business perspective) with technical-agricultural courses and is for those wishing to work in an agricultural industry or in the agricultural business field.

Cultural Management

This master is designed for students with a strong background in the arts or humanities. The purpose of the program is to combine management, policy and decision-making training with advanced study in the humanities. Cultural managers are required to play multiple roles in arts organizations. They function as community leaders, planners, educators, facilitators, and fund-raisers. They must know how to interpret, influence, and formulate art and cultural policies. They must know how to advocate and communicate the value and missions of an organization to diverse constituencies including artists, business people, government officers, and members of local communities. The program in cultural management strives to achieve the optimal balance of advanced study in arts and cultural theory, policy, management, and hands-on experience. The program combines training in the techniques of humanities research and writing, applied research analysis, management, policy and decision making skills.

Development Management

A Master in Development Management is an intensive, innovative and practitioner-oriented program designed to prepare development executives and practitioners to manage and lead public and civil society organizations, cooperatives and private non-profit firms. Throughout the course candidates have the opportunity to discuss pertinent leadership issues, and to analyze and find the best practices and tools for environmental scanning, organizational diagnosis, governance, leadership excellence, strategic management and leadership, functional skills, programs and projects management. The program seeks to transform candidates into development managers who design structures, devise systems, create a culture, and formulate superior strategies. This program is truly committed to produce development managers who will create public value and maximize the sustainable public good in their respective organizations, communities and nations after graduation.

Electronic Commerce

Electronic commerce deals with technologies that deliver online business services and products. It combines information and telecommunication technologies, the internet and the world wide web. Professionals in this field support the business they are working with, as an employee or as a consultant, assistance in organizing common business practices, computerizing some of these practices, creating multimedia content and providing secure interactive web sites. In addition to web site design and construction, graduate assist the company to understand the market segments reachable through the web and assist the business to reach new clients and customers. Students are provided with ways to better understand and participate in electronic commerce and electronic business activities in new and established firms. Students generally take this course of study in a college of business with courses in both marketing and management information systems. Students in this major must be able to work with others in teams. They also should be comfortable with computer systems since much of the work is related to computer applications development. Students should be good at analysis and design, at applying logical thought to a problem and at presenting results to users using excellent oral, computer-based, and written communication skills.

Entrepreneurship

This major focuses on those aspects that relate to the creation of new businesses. Entrepreneurship students plan to start and manage their own business. They receive instruction in the traditional business disciplines such as accounting, finance, management and marketing. Entrepreneurs are risk takers who, in an effort to develop new approaches to business, try to stay ahead of the emerging trends by innovating and challenging the products and organizations already in existence. Entrepreneurship relies on creativity, self-initiative and long-term vision. Although all business majors should exhibit these traits, the emphasis in entrepreneurship is related to establishment and management of a small and growing venture. Entrepreneurship emphasizes leadership skills that can be used to motivate people in a growing business environment, particularly as related to starting and nurturing a new business, and the process of business planning. Specific areas studied include idea-getting, opportunity recognition, feasibility studies, new venture financing, and starting a new business.

Environmental Management

This major upholds the need to balance economic growth with social justice and the conservation of natural resources. The program covers different aspects of planning at the urban and regional level, for social sectors such as housing and education, and for economic sectors such as agriculture and commerce. Students are taught to render plans in both spatial (maps) and technical (proposals) forms. Students take up courses in the earth sciences: biology, chemistry, ecology, and environmental impact assessment. They are prepared for current social realities with subjects in community relations and advocacy, and are also asked to take up special subjects in corporate environmental management and environmental law.

Environment and Natural Resources Management

The program is designed to give professionals in environment-related activities a solid foundation in the art and science of environment and natural resources management, as well as a multidisciplinary perspective. It is intended for individuals with a baccalaureate degree in biology, chemistry, or related fields who are involved in environment work. The program aims to: equip students with solid grounding in both the natural and social sciences as these apply to environmental management; and enable students to undertake environmental advocacy and research, with an appreciation of the need to apply a multidisciplinary view to issues involving the environment.

Executive MBA

Regular MBA – the Master of Business Administration – is a graduate degree developed to teach the fundamentals of business management, including: business strategy, finance and accounting, marketing, production and management of people. An Executive MBA (EMBA) program expands on the fundamentals of the regular MBA, with practical learning for experienced managers who need to broaden their knowledge to advance professionally, and who wish to continue working while they study.

Family Resource Management

The program is designed to enhance the students’ knowledge and skills in the processes of rational management of resources for family and individual well-being and provide research experience and training for leadership positions in agencies concerned with human welfare and development.

Finance

The field of finance considers how businesses raise, spend and invest capital; how individuals and firms allocate their resources among varying investment alternatives; and how financial markets function. Finance is all about creating value. Both individual investors and corporate managers try to identify investment opportunities in financial and real assets that will create value for themselves, or their firm’s investors. In competitive global markets, creating value is very hard to do. Yet, this is what makes Finance both challenging and fun, and why a degree in Finance can lead to a career that is both satisfying and lucrative. The Banking and Finance program aims to prepare graduates for a career in financial institutions such as banks, financial intermediaries, stocks and future brokerages, insurance, and also for other types of enterprises.

Hospitality/Hotel Management

A Hospitality/Hotel Management degree will lead you into a career as hotel, resort or restaurant manger. Hospitality programs are very professionally oriented in nature. They integrate management theory with practical business knowledge. If you major in Hospitality, you’ll also learn quite a bit about basic nutrition and food theory, marketing, statistics, and even geography. Hospitality programs may incorporate one or more internships into their curriculums as well – in restaurants, hotels, and resorts. In an internship, you’ll gain on-the-job experience in real-world work situations in food production, human resources and employee relations, public relations, and management.

Human Resource Management

The most important assets of any business are its employees. Employees need to be kept happy, trained, enthusiastic, efficient, and maybe even out of trouble. As businesses grow, and as labor relationships grow increasingly complicated and demanding, more and more companies are turning to human resource managers to help them communicate with, reward, and enthuse their employees. This requires someone who has a clear knowledge of business management and administration, as well as someone who knows how to deal with people. As a Human Resources Management major you will learn about business administration, as well as gain an understanding of corporate and labor law, planning, and psychology.

Logistics and Transportation

Logistics is that part of the supply chain process that plans, implements, and controls the efficient, effective flow and storage of goods, services, and related information from point of origin to point of consumption in order to meet customers’ requirements. This major considers all aspects of the supply chain process in industry including transportation (trains, trucks), electronic ordering and supply fulfillment, warehousing and production requirements estimation. Students in logistics study a variety of management courses, including those that focus on supply chain management. They should be interested in management generally and should have an aptitude for computer usage, since many courses require computer expertise.

Marketing

Marketing is the study of how to determine consumer needs and translate those needs into products and services and selling them locally, nationally, and globally. Either way, Marketing is a practical, career-oriented, and solidly pre-professional major that requires analytical skills, logic and creativity. If you decide to major in Marketing, you’ll learn about the distribution of goods and services, consumer behavior, pricing policies, channels of retail and wholesale distribution, advertising, sales, research, and management. Other topics you are likely to encounter include market segmentation and targeting, effective customer service, new product development, and logistics. Upon graduation, most Marketing majors usually find jobs in consulting, market research, and advertising. If you want to work in the Marketing department, though, you should expect to start in sales where you can really get to know a company’s products and its customers.

Master in Business Administration MBA

MBA stands for Masters of Business Administration, and is a post-graduate degree in business communication. It is also one of the most sought after degrees in the world because of its value to people in business and administration. An MBA degree can benefit those in positions in business and management, especially those in executive and managerial positions. An MBA Program offers a range of benefits, including:

Business Knowledge: The MBA program and business schools give you valuable knowledge about business and all its related aspects. You learn about business strategies and concepts, not just on paper, but the training and internship required in an MBA course, teaches you how to use these skills in practical life and in day to day business operations.

Leadership Abilities: An MBA degree involves rigorous training, assignments, reports, presentations, and group projects, all of which give you the necessary abilities to handle real-life business situations. This helps to set you apart from those who do not have such expertise and can make you a leader in your chosen field.

Networking: The alliances that you form with your classmates and the network that you create is deemed as one of the most important and valuable things that an MBA program can give you. MBA graduates have often felt that the associations formed during the MBA course are resources that are invaluable and can be drawn upon for years after the MBA degree has been achieved.

Public Administration

Public (governmental and non-profit organization) administrators should be able to apply current theories of management and analytical techniques toward future challenges as well as the day-to-day problems they face. This is a major, which centers on public service and administration. Careers earned in this field are based in either government services or other public offices or services. An appreciation of the socio-economic, political, and ethical environments in which businesses/governments operate is needed to succeed in these endeavors. These students will become professionals who are knowledgeable in the theories, principles, and practices of administration and who can apply their skills in a variety of organizational settings, especially within governmental settings.

Public Management

A Master of Public Management program is designed to capitalize on that expertise and meet those needs by offering specialized training in management and related fields. This program promotes the personal and professional development of students by providing skills, analytical techniques and strength in communication. In addition, the program broadens students’ understanding of social, political, technological and economic processes as well as paradigms of organizational and human behavior. The program supports several program objectives in order to help students master ideas, knowledge and competencies that do not diminish in value. These objectives may include: learning state-of-the-art management tools; applying analytic techniques for more efficient organizational planning and coordination; gaining insight into human behavior in organizations and developing effective leadership skills; assessing opportunities and techniques for improving productivity; communicating more effectively in formal and informal meetings with colleagues, clients, supervisors and employees and understanding the political, social, technological and economic processes that shape public policy.

Real Estate

The real estate major obtains the knowledge and skills needed to be successful in the real estate investment and sales arena. Some real estate majors are taken within the context of a liberal arts degree, but most often this major is found within a college of business. The degree includes a general education foundation that provides for an understanding of broad social and economic issues related to the field. A general business degree with a specialization in real estate exposes graduates to all business disciplines such as accounting, personnel management, finance, information systems, management and marketing. The real estate major specifically leads students to understand real estate market analysis, site selection, investment analysis, economics relating to land use, and professional services that support real estate transactions. The major prepares students for entry-level positions in private, public, and not-for-profit real estate organizations. Many people have limited perspectives as to directions a real estate major can lead. Beyond simply showing and selling houses to potential buyers, it is only a one aspect of the field. Graduates may also work for companies that finance, lease and sell land and commercial properties. They may manage residential and commercial properties or they may be retained by a corporation to locate, acquire and develop properties used for corporate operations. Some real estate graduates work in governmental agencies and private companies to purchase land for highway construction, pipeline work, mining, or oil and gas exploration. Students majoring in Real Estate should have a strong desire to work in a business environment. They are generally outgoing people who like to meet and work with other people.

Risk and Insurance Management

The degree program core consists of risk management and parallel series of both life and non-life insurance management. This master aims to provide a mechanism for enhancing analytical skills by giving rigorous training in specific skills that are in great demand in the insurance sector, international agencies and private industry and commerce that focus on managing risks; to provide thorough knowledge on theoretical and application concepts in both life and non-life insurance management; to increase awareness in Insurance Management and its contribution to the society; to equip prospective managers with more efficient analysis and decision-making skills; to provide multi-facetted perspective in managing risks by applying a range of risk analysis techniques to technical and financial issues and to develop among professionals good value judgment and effective leadership skills toward sound problem-solving and decision-making activities.

Rural Development Management

This master is intended primarily for those involved in policy-making, planning or managing activities in rural areas of less developed countries. The program is designed to provide a postgraduate foundation training in economics and, as a consequence, welcomes well-qualified participants with scientific or technical backgrounds, as well as those with previous economics qualifications. The program is designed to:

  • provide participants with core professional training which integrates the study of economics with that of organizational and institutional aspects of effective planning and management.
  • offer a range of advanced courses addressing key policy and management issues in rural development;
  • equip student’s with analytical and planning skills relevant to employment as policy-makers, planners and managers working on rural development.

On completion of the program, students will:

  • have a critical understanding of different theoretical perspectives on social and economic development, and their relationship to policies for agricultural and rural development;
  • have an understanding of micro-economic theory and its application to rural development;
  • have an understanding of the principles of financial, economic and social cost benefit analysis, and some experience of their application to rural development projects;
  • have a critical understanding of current management techniques for the preparation, management, and evaluation of rural development projects;
  • have developed skills in critical analysis of rural development policy issues
  • have a good command of current debate on policy and management issues in some of the following specialist areas relevant to rural development: agricultural markets, economic theory of the agricultural sector, demography and food security, environmental management, gender issues, information technology and information systems, and development research methodology.

Social Service Management

The issues facing social services and social welfare organizations in the statutory, voluntary and private sector are increasingly of a global nature e.g. poverty, resource shortages, migration (including asylum seekers), an ageing population and the role and status of women in society and in the workforce. Whatever their cultural and legal context, managers are searching for ways to maximize effectiveness and efficiency in their workforce, to promote quality services and to be responsive to changing needs and expectations.

Sports and Recreation Management

This major aims to provide an innovative and flexible program for the training of highly skilled and professional secondary and tertiary physical education teachers, sports and recreation managers, sports directors and leaders, athletic consultants, and other fitness and sports-related personnel working for public organizations/government offices and private companies. The program is especially designed to develop management skills and competencies of future sports and recreation leaders; train potential leaders to apply management and fitness principles to practice; enhance problem-solving capabilities and creative thinking skills of sports and recreation leaders; and recognize and pursue quality recreational and fitness management techniques.

Technology Management

The pace of technological change and disruption continues to increase. Today, technology is essential to running nearly every business. Indeed, nearly every facet of modern business requires skillful use of the latest technology. It is the ability to anticipate, adapt and integrate the right technology that makes businesses successful today. Technology Management places primary emphasis on the study of the uses of technology to drive innovation, strategy, product and service development, process innovation, IT systems and operation. Other traditional aspects of management (finance, accounting, economics, marketing, sales, human resource management are integral to the study of Technology Management, but they are secondary to the study of the uses of technology for creating value in business.

Total Quality Management

The course aims to provide the students with the understanding of contemporary fundamentals of the theory and practice in managing quality, to acquaint students with important theoretical perspectives on total quality management, and to develop their skills to apply these perspectives in the national and global context. It includes an analysis of the different aspects of quality strategy and their impact on firm’s competitiveness.

Tourism Management

Tourism industry is growing fast and a master in tourism management aims to equip you with the necessary advanced knowledge, expertise and strategic skills to enable you to enter the tourism industry at a competitive level and to add value to the tourism industry in the operational, managerial and strategic spheres.