Content of Courses (Bachelor of Business Administration)

Below you will find the description of Bachelor of Business Administration courses and their codes. The contents of the courses are updated regularly with new teaching methods and case studies being introduced in order to address the business reality at every moment. 

BCO119 Ethical Dimensions of International Business

Ethical behavior combined with skills and professionalism is able to ensure sustainable development, rather than a short-term profit. In order to sharpen the ability to face the complexities of ethics in the business world, students will learn during this course about basic concepts relevant to business ethics, they will start to develop ethics principles in a variety of business domains and practice discussing ethical issues with people from a variety of viewpoints and backgrounds.

The topics covered are: international employment practices, human rights, environmental pollution, corruption, and moral obligation. After having identified that ethics is a must in international business, students will pass to a more complicated domain – how to implement ethical behavior in practice in long term.



BCO 118 Law and Policy of International Business


This course gives students an understanding of legal and policy issues affecting multinational business enterprises and their transactions and activities. Students examine how public international law, international economic institutions such as the WTO and IMF, conflict-of-laws rules (also known as private international law), and national corporate, tax, and regulatory laws in home and host countries combine to create a multidimensional legal environment for international business.

Within this legal environment students also examine sales law, intellectual property law, antitrust (competition) law, host-country and international law of foreign investment, labor law, environmental law, and human rights law.



BCO121 International Business I: Global Environmental Science


This course provides a grounding in the human forces that transform the earth and consequences of this transformation for individuals, society, and well being of the planet. Sustainability in business is a strategic issue for almost every organization. It is rapidly gaining importance for strategic innovation, risk mitigation, reputation management and shareholder value. Ethical aspects of sustainability call for new skills and competencies for managers. Sustainable business requires an understanding of the changing business landscape, and can be best understood by learning how leading organizations have put sustainability into practice.

As a result of this course you will acquire the necessary background to understand many modern business issues, for example, climate change, natural hazards, natural resources, waste management, energy issues and green taxation. The topics covered are: sustainable consumption, green technology, environmental regulations, Carbon credits and trading, commercial, institutional, ecological and social perspectives of sustainability.



BCO122 International Business II: The Global Business Environment


Companies now face intense competition all around the globe. In this challenging environment companies seek to adopt strategies that sustain their business growth. As a result organizations are changing the way they conduct and operate their businesses, transforming themselves in order to cope with these demanding circumstances. For today's business managers the need to comprehend these strategic drivers for change is imperative.

In order to survive, managers need to be able to respond appropriately, not just for today, but for the organization's future success. This means they must plan, organize, direct, and control resources across time, distance, and cultures.  This course begins with a brief overview of international business, focused on the concept of “globalization”.

The course will then examine the environment for international firms, particularly the political, social and economic configurations that support cross-border commerce. Amongst others, students will look at the role of national policies and cultures, the evolution of international markets in goods, services and finance, and the supranational mechanisms and infrastructures for trade, investment and finance.

The course will then probe international firms: their strategies and organizational design, their entry modes into international enterprise, and their behavioral and control systems.  As a result of this course, students will learn to identify the main features of the global business environment, analyze the political, social and economic configurations that support cross-border commerce, research international business issues and apply theoretical insights to the analysis of such issues in the context of a complex global business environment.



BCO123 Research Methods in International Business


Information and knowledge are essential tools for helping ensure the continuity and success of any organization. They have to be acquired first and then assessed before they can be utilized in the decision-making process. This is where the usefulness of research methods in business lies.

Through the application of careful scientific methods, and by using proven analytical tools and techniques, managers can collect information and acquire insights into issues which they can use to help them accomplish their goals, handle risks and effectively and efficiently manage their resources.

This course gives a comprehensive introduction to the subject of business research methods. The topics covered are: problem definition and the research proposal, research methods for collecting data (surveys, interviews, experiments, and observations), measurements in research, sampling and fieldwork, analyzing research data, and communicating research findings.



BCO125 Leadership and Organizational Behavior 


Good leaders have always been expected to be able to solve new problems, capitalize on new opportunities and navigate through the ever-changing landscape of business. Leadership is a complex process by which the leader influences others to perform and achieve. This course deals with the contemporary issues of improving organizational and individual effectiveness, organizational culture, leadership, introducing and managing change, teamwork, changes in technology, changed employment relationships, and the diversity of the workforce.

The course enhances knowledge, skills and confidence of the participant to be an effective manager, team member and leader. It aims to create a better understanding of one’s own behavior, the complexity of the human behavior, and helps build a more efficient management style. As a result, students will be able to: define what leadership is and how it is applied at all levels of organizational management; understand the basics of leadership and motivation; determine what is necessary to lead teams and organizations, and how to integrate this with business management; develop skills in communicating, influencing and negotiating with peers, subordinates and senior managers.

BCO126 Intercultural Management

This course focuses on the techniques of managing in different cultures, in particular on the 'people problems' that invariably arise in international business relationships. It examines sources of management conflict due to cultural differences in attitudes, values and behaviors. The course aims to develop intercultural awareness and effectiveness in global business context, and the successful implementation of strategy, structure and systems in cross-cultural and multicultural management.

It also examines corporate and personal ethical behavior in a global economy. Students will be able to become aware of his or her own culture and how it influences his or her perceptions and behavior. Moreover, students will also learn how people from other cultures will perceive his of hers.



BCO113 Management Principles


Management Principles course is designed to give you a basic understanding of the role, responsibilities and functions of a manager and to overview the principles, techniques, and concepts used by managers in their work. This course is essential for future business leaders who desire to hold management responsibilities in different types of organizations. The course is structured around the concept of a general framework which is used to understand management principles that apply to all organizations – large or small, private or public. 

The course emphasizes the skills needed to apply management principles and concepts to real-life situations. Course topics include a history of the field of management, management research and its application to the practice of management, trends in modern management theories, and global aspects of business practice.



BCO115 Business Finance


This course will present the major theoretical concepts, methods and problems of business finance, such as financial statement analysis, discounted cash flow calculations, bond and stock valuation, capital budgeting, the cost of capital, short-term and long-term financing and working capital management.

The primary objective is to provide the student with the tools to understand and solve the basic financial problems confronting business today. The students will be able to: understand and apply basic time value methodology to general valuation and integrated cash flow applications; understand and apply the conceptual relationship between the expected return and the relevant risk of individual assets and portfolios of assets; understand and apply the traditional evaluation techniques of capital budgeting analysis in business and personal capital investments; understand the concept of cost of capital and financial leverage and apply those concepts in the determination of the optimal capital structure; and, understand the current financial environment in which business decisions are made. 



BCO116 Principles of Economics


This real world is about making choices regarding efficient use of society’s scarce resources, and making decisions regarding management of these resources. Therefore, study of principles of economics allows students to look at the world in which we live in a different way – in a rational and an objective way. It gives students a better understanding of the decisions we are making everyday, and at the same time develops their reasoning and analytical skills.

At the end of the course, students should be able to talk about economic issues with relative comfort, as they will have a better understanding of how the economy works. The contents of the course can be broadly divided into two parts – principles of microeconomics (economics at individual level) and principles of macroeconomics (economics at aggregate level – topics such as economic problem and the price system; theory of demand, theory of production and the firm; theory of supply; the interaction of demand and supply). 



BCO117 Fundamentals of Marketing


Fundamentals of Marketing introduces students to the essentials of marketing (key concepts, methods of analysis, strategies and tactics) critical to managing profitable customer relationships in today’s dynamic and connected global business environment.

Specifically, the course goals are: to introduce students to marketing strategy and to the elements of marketing analysis; to familiarize students with the elements of the marketing mix (product, pricing, promotion, and distribution strategies); to learn how to leverage strategic marketing; to expand students’ knowledge of the marketing industry while increasing their awareness of the strategic and tactical decisions behind today’s top performing brands.



BCO120 Operations Management


The focus during the course will be on fundamental concepts and principles that will help students obtain a better understanding of operations management and become better managers. The operations function is central to the business enterprise and it has strong interactions with other functional areas, in particular with the marketing and sales organizations; thus students will also explore the interfaces between operations and other functional areas.

This course addresses the management of operations in manufacturing and service companies. Diverse activities, such as determining the size and type of production process, purchasing  the appropriate raw materials, planning and scheduling the flow of materials and the nature and content of inventories, assuring product quality, and deciding on the production hardware and how it gets used, comprise this function of the company. Managing operations requires both strategic and tactical skills.

During this course, students will consider such topics as: process analysis, workforce issues, materials management, quality and productivity, technology, and strategic planning.



BCO111 Quantitative Methods


To make decisions successful business people need to know how to interpret information. Business information is usually numbers and statistics. This course is an introduction to the basic concepts of quantitative methods which help to make good decisions and understand and organize numbers. It emphasizes the application of a wide variety of quantitative techniques to the solution of economic and business problems.

The topics discussed during this course include: powers, roots, and logarithms; linear quadratic, and exponential equations; concepts of functions, basic matrix algebra and vectors; systems of linear equations, linear programming and their use in solving systems of multiple variables; concepts around derivatives and integral calculus; unconstrained and constrained optimization of multivariable functions; graphic methods for functions, systems of equations, and optimization of functions.

After completing this course the students will be able to apply these tools to the solution of multiple financial issues in business such as compounding, profit maximization, NPV and know how to use computer tools for calculation.



BCO 112 Statistics for Business


During this course the students will learn the basics of using statistical methods and the ways of applying them to business and economics. The students will develop the following skills: an understanding of the theory of probability and statistics and their use in testing different kind of hypotheses; preparation and analysis of the statistical data; explanation of the relationship among multiple variables; an understanding of the statistical models.

The topics discussed during this course include probability distributions, confidence intervals, testing of hypotheses, analysis of variance and regressions.

The course aims to encourage the students to critically use statistical analysis in multiple business and economic problems.

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