This module contributes to a general overview and understanding elementary, management-related issues in a globalized environment. It covers the primary value-adding functions of an organization: Research and Development, Supply Chain Management, Operations Management, and Marketing and Sales. You learn how these functions are interrelated and develop an understanding for the challenges they can pose to one another.
This module teaches you how to derive, interpret and use both accounting and finance related data in situations of corporate decision making. It assumes management's view (management accounting) and also takes into consideration the various information needs of outsiders to the company (financial accounting) in a regulated setting (GAAP). By introducing financial mathematics (e.g. DCF, CAPM) and multi-period spreadsheet modelling, such analyses effectively expand over numerous periods of time and allow evaluating alternative outcomes and their long-run consequences for businesses and investors.
In this module, you learn about the mission and realities of general management in a globalized world. Working with case studies and real world examples, the courses in Strategy, Human Resource, and International Management introduce you to a number of technical analysis tools, strategic concepts, organizational structures, and processes. Emphasis is placed on implementing strategy in ambiguous real settings and with appreciation for intercultural contexts. You are challenged to train your analytical skills and ability for critical reasoning in an international business environment.
More about the Strategy Class at the NIT
This module introduces you to legal frameworks and governance issues in a globalized world. You learn about international law, intellectual property rights, and principles of modern corporate governance. In a more experiential approach, the module also engages you in the study and reflection of philosophy, ethics and responsibility, which are analyzed both from the business and the personal perspective. You develop an understanding for characteristics of ethical dilemmas and the relationship between corporate responsibility and personal responsibility.
Director of Academic & Student Affairs
+49 40 42878 4712