Required Course for Full Time MBA at School of Business and Management (HKUST)
The Required Cores are arranged in three tiers - foundation, function and integration. These provide fundamental management knowledge and a foundation for further study in chosen areas.
Foundation Cores
Financial Accounting Foundations
Helps you master the art of accounting, from reading and analyzing financial statements to understanding incentives in selecting different accounting methods.
Introductory Statistics for Business
The statistical concepts essential to business decision-making. Covers probability models, sampling and estimation, hypothesis testing, correlation and regression.
Managerial Accounting Foundations
Applications of management accounting concepts and principles that help firms make value-creating decisions. Real-world cases explore planning, control, investment, contracting and performance evaluation.
Managerial Communication
Improves communication skills with the focus on five critical areas: active listening, productive meetings, professional interviewing, high-impact presentations and effective writing. Uses group work, simulations and role-play.
Managerial Microeconomics
Introduces the economic concepts and tools every manager must understand: demand and supply, monopoly and competition, pricing policy and game theory. Cases and project work focused on decision-making applications.
Managerial Problem Solving
The first core course hones your skills in problem-solving, case analysis and presentation, team-building and leadership. Includes dynamics of group decision-making and provides personal insights through assessment of leadership style and experiential learning.
Function Cores
Corporate Finance
Analytical framework for the major types of investment and financing decisions made by firms. Includes corporate investment decisions and how firms decide between alternative sources of financing.
Fundamentals of Information Technology Management
Application of IT to various business models and processes to create and sustain competitive advantages. Balanced perspective on opportunities and challenges, together with a sampling of technology.
Management of Organizations
Concepts of effective management and leadership in a rapidly changing world. Focuses on individual and group decision-making, effective motivation of employees, negotiating skills, managing organizational culture and directing change.
Marketing Strategy and Policy
Provides understanding of the decisions facing managers at the marketing operations level. Develops skills in marketing analysis, marketing mix strategies, monitoring and controlling marketing action plans.
Operations Management
Key concepts, tools and best practices related to managing operations in a globalized world. Examines process analysis, supply chain, inventory management and quality management.
Integration Cores
Business Law and Ethics
Builds understanding of the legal environment and sharpens legal sense for business decision-making. Looks at different legal systems on issues, such as contracts, corporate governance and conflict resolution in an international context.
China in the Global Economy
Develops understanding of the Chinese economy in a macroeconomic context, with frequent cross-cultural comparisons. Builds skills to anticipate changes in the macro economy and economic policy, and introduces tools to evaluate the impact of these changes on the business environment.
Developing Business Plans
Consolidates learning of all MBA required cores. Covers major features of a business plan such as vision, mission, objectives, strategies and business planning. Special emphasis on developing a one-page business plan.
Strategic Management
Examines successful strategies to help firms achieve superior performance and create value for shareholders. Analysis of competitive advantage a central theme