Business in Emerging Markets

Core topics:

* Concepts of global supply chain management

* Global sourcing and global procurement

* Global production, demand management, and warehouse management

* Current concepts and methods of logistics

* Lean supply chain management

* Basic concepts of Industry 4.0+

* ...

Core topics:

* Basics of Marketing and Branding

* Basics of market observation and analysis of buyer behavior

* Important marketing and sales strategies

* Important pricing strategies

* Overview of distribution and sales channels

* Important marketing and sales metrics

* ...

Core topics:

* Basics of global financial markets

* Exchange rate theories and risks for businesses

* Relevant hedging strategies and tools

* Strategies for international financing of a company

* Fundamentals of treasury management

* …

Core topics:

* Financial statement analysis (cash flow, income statement, balance sheet)

* Basics of business valuation

* Basic aspects of project and export finance

* Consolidation of multinational companies

* Creation of consistent business plans

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Core topics:

* Overview of qualitative and quantitative research and analysis methods

* Relevant software tools for data analysis and data management

* Overview of statistical analysis method

* Basic knowledge of important analytical techniques for quantitative data analysis

* Basics of the APA citation guidelines

* ...

Core topics:

* Fundamentals of economic, ecological, and social sustainability

Fundamental aspects of green business

* Development of green business strategies

* Fundamental aspects of social business

* Development of social business strategies

* Marketing and communication of sustainable business

* ...

Core topics:

* Introduction to CSR

* Human development as well as winners and losers of globalization

* Globalization and corporate social responsibility

* Implement and manage CSR

* Sustainable business partnerships and fair trade

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Core topics:

* Fundamentals of environmental, resource, and welfare economics

* Environment and measures against pollution

* International environmental problems

* Natural resources and actions against their exploitation

* International resource problems

* Sustainable business activity in terms of the environment and resources

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Core topics:

* Practical project related to "Global Green and Social Business"

* Excursions and/or guest lectures related to "Global Green and Social Business"

* Project management

* Forms of digital team collaboration

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Core topics:

* Revision of important fundamentals from HR management

* Revision of organizational structures

* Specific and current topics of strategic HR management

* Alignment of the HR strategy with the corporate strategy

* Controlling and reporting in HR management

* Digitization in HR management

* New ways of working in the global digital age

* Employee protection

* ...

Core topics:

* Overview of conflict resolution and negotiation processes

* Theoretical concepts for conflict resolution and negotiation techniques

* Applying discussed theories in various practical situations

* Negotiation and conflict resolution processes in multicultural situations

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Core topics:

* Concepts of global and intercultural leadership

* Leadership theories and leadership practice

* Organizational theories and organizational structure

* Learning organizations

* Change management

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Core topics:

* Practical project related to "Global Leadership and HR Management"

* Excursions and/or guest lectures related to "Global Leadership and HR Management"

* Project management

* Forms of digital team collaboration

* …

Core topics:

* Introduction to strategic thinking

* Rationality and cognitive biases

* Strategic decision-making tools

*Fundamentals of decision theory

* Fundamentals of game theory

* Decision making in practice

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Core topics:

* Fundamentals and field of applications of business intelligence and business analytics

* Basic knowledge of current technologies in the field of BI or business analytics

* Fundamentals in the area of ETL processes

* Fundamentals of advanced data analysis

* Fundamentals of information visualization

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Core topics:

* Overview of M&A and the possibilities of strategic alliances

* Fundamentals of M&A

* Phases of an M&A process

* Problems with M&A projects

* Methods and aspects of holistic company valuation

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Core topics:

* Practical project related to "Global Strategic Decision Making"

* Excursions and/or guest lectures related to "Global Strategic Decision Making"

* Project management

* Forms of digital team collaboration

* …

Core topics:

* Diversity and cultural awareness

* Personal development and intercultural communication

* Reflection on the semester abroad

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Master’s level courses to the extent of 10 ECTS at selected partner universities of FH JOANNEUM in the following areas (electives):

* Global Strategic Management

* Global Markets

* International Finance

* Research and Informatics

* Foreign Language (max. 5 ECTS)

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Master's level courses to the extent of 10 ECTS at selected partner universities of FH JOANNEUM in the field of "Global Green and Social Business" (electives)

Core topics:

* Individual practical project related to "Global Green and Social Business"

* Individual excursions related to "Global Green and Social Business"

* Project management

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Master's level courses to the extent of 10 ECTS at selected partner universities of FH JOANNEUM in the field of "Global Leadership and HR Management" (electives)

Core topics:

* Individual practical project related to "Global Leadership and HR Management"

* Individual excursions related to "Global Leadership and HR Management"

* Project management

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Master's level courses to the extent of 10 ECTS at selected partner universities of FH JOANNEUM in the field of "Global Strategic Decision Making" (electives)

Core topics:

* Individual practical project related to "Global Strategic Decision Making"

* Individual excursions related to "Global Strategic Decision Making"

* Project management

* …

Core topic:

* Discussion and reflection on selected current and/or timeless topics in "Global Strategic Management"

Core topics:

* Analysis of different aspects of their personality

* Personal development and career planning

* Preparation for assessments (especially in an intercultural environment)

* Practice for self-presentation for job interviews

* ...

Core topics:

* Systematic analysis and evaluation of case studies from a holistic or strategic point of view

* Derivation, presentation, and argumentation of strategic conclusions and recommendations

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Core topics:

* Independent implementation of a research project (preferably in the subject area of the chosen focus area)

* Independent writing of a scientific master's thesis

* Presentation and defense of the Master's thesis

* Examination interview on curriculum-relevant content

Core topics:

* Presentation, discussion, and reflection of the research project or the progress of their master's thesis

* Presentation, discussion, and reflection of the research question and method

* Presentation, discussion, and reflection of the relevant literature and sources

* Giving, receiving, and implementing constructive feedback

* ...

This course deals with the basics of compliance, business ethics and corporate social responsibility. Also, the subjects corruption and corporate governance will be taught. Practical examples will help the students to gain a better understanding for incompliant as well as unethical behaviour.

The aim of this course is to understand the most important aspects of global contemporary history regarding Emerging Markets. Based on that, the most crucial problems and challenges of selected Emerging Markets are discused on the basis of their historical development.

The aim of this introductory core course is to provide students with a solid understanding of the most important characteristics of Emerging Markets as well as the opportunities, threats and challenges for multinationals doing business in Emerging Markets and for Emerging Giants. Students will learn about the opportunities, threats and challenges of institutional voids in Emerging Markets and about the challenges coming from the Emerging Markets to the developed economies.

This lecture discusses important legal aspects of international business in Emerging Markets. Moreover institutional aspects of the legal systems of Emerging Markets are conveyed.

This course deals with important topics, theories and technical terms out of international trade theory and international trade policy. Important aspects out of environmental economics will be discussed as well, like the exploitation of natural resources and environmental pollution.

Students are introduced to the analysis of different strategic positions of a company including its internal and external environment, strategic capabilities and its purpose. They will learn how respective relevant tools are applied in different areas. One important part of this course deals with choosing strategic directions within the contexts of business strategy, corporate strategy, international strategy, innovation strategy, portfolio strategy and market entry strategy. Different respective marketing and sales strategies are presented and discussed as well.

The students receive an overview of the concepts of global supply chain management with special focuses on key topics, such as demand management, inventory management, procurement/purchasing. An emphasis is being put on state-of-the-art logistical concepts and methods.

This course deals with the introduction and application of selected computer programmes regarding word processing, spreadsheet processing and statistical analysis on an advanced level.

Students are provided with advanced knowledge in qualitative and quantitative research methods in the area of social and economic sciences. In this context, students use state-of-the-art computer-based analysis tools. Students learn to elaborate research designs on an advanced level, to carry out research projects and to analyse as well as interpret the results. Additionally, the use of computer-based referencing tools according to international scientific standards will be discussed and practised.

Based on the theories of project management, strategy development and business plan design, the students will develop a business idea as well as a related strategy and business plan for a startup operating in an emerging market. Social business ideas are prefered. The outcome of this project is then presented to a group of experts and discussed with them.

One part of this course focuses on professional communication in English with regard to conflict resolution and negotiation processes. Theoretical concepts with regard to conflict resolution and negotiation are also introduced. Another part of the course is designed to combine the discussed theories within various practical settings. The practical examples, case studies and/or simulations are intended to further develop student's competencies and knowledge of the most important aspects of negotiation and conflict resolution processes in multicultural situations.

Students are introduced to the key concepts of intercultural HR Management, organisation and leadership theory as well as change management. These concepts are also applied within various practical examples.

This cross-cultural orientation workshop provides a highly practical setting where diversity and various cultural backgrounds are reflected upon, thus contributing to the personal development of students of all nationalities. In this workshop, students share their experiences and improve cross-cultural competences by reflecting on their experience abroad and by delivering professional presentations.

The course offers a comprehensive look at Emerging Markets from an overall and interdisciplinary business perspective. The students will holistically repeat and deepen their understanding about the facts, opportunities, threats and challenges regarding doing business in Emerging Markets.

Within this course, students learn about the basics of the global financial environment as well as the basics of foreign exchange theories and their applications. Based on that, different foreign exchange exposures for companies as well as relevant hedging strategies are discussed.

In this course students learn about the core aspects of project finance, export finance and about special forms of international finance. Key aspects are commercial-, legal-, financial- and risk-related issues as well as their implications and consequences regarding Emerging Markets.

In this course students learn about the motivation, the advantages and disadvantages, the basic concepts of M&A and strategic alliances, the different steps within an M&A-process as well as frequent problems during M&A-processes. Different evaluation methods are also discussed in this context.

In this course students focus on advanced statistical analysis by using state-of-the-art statistical software. They learn how to visually present and interpret results. A special emphasis is given to multivariate analysis of big data volumes.

In this course students develop their own research project in teams. This comprises of the elaboration of a research design, the necessary data collection, analysis, visualisation and interpretation of the gathered data as well as the writing of a research report based on scientific standards. The results will be basically presented to a group of experts and discussed.

In the third semester students study abroad at selected partner universities of FH JOANNEUM. The students have to sucessfully complete courses to the extent of 30 ECTS from the following exhaustive areas: Business in Emerging Markets Global Economy Business Behaviour in Emerging Markets International Management Scientific Methods Cross-Cultural Management International Finance Market Research Business Project Strategic Management Project Management Foreign Language Business Informatics Business Intelligence Innovation Entrepreneurship

Students carry out a research project independently and write their own scientific Master’s Thesis. The thesis is presented to an examination committee, where the findings have to be defended. During this committee examination the students are expected to establish interdisciplinary connections to other relevant issues in the context of Emerging Markets. Additionally, the students are examined regarding general topics related to Emerging Markets.

During this course students present their progress regarding the Master’s Thesis according to scientific standards. They learn how to give and accept constructive feedback and to integrate it into their further research.

Within this course students closely interact with representatives from companies active in emerging markets and/or developing countries. On the one hand students learn more about these companies and on the other hand students have the possibility to establish business contacts.

Based on various theoretical concepts and skills, students will holistically analyse and evaluate advanced business cases. The goal of this course is to derive strategic recommendations based on findings of previously conducted analyses.

Based on various theoretical concepts and skills, students deepen their understanding about strategy and strategy development processes as well as their implementation and evaluation. During the course, various strategy development and innovation tools will be introduced, discussed, compared and applied. Last but not least, different organisational concepts are discussed and for example applied in the context of case studies.