Business Administration

Europe encompasses the world’s largest and most complicated market. Recent events, particularly those following the ongoing economic crisis on the continent, raise profound questions about the future of Europe. This course focuses on present and future business issues facing the entire continent. Under this focus, the course examines the following questions: Should a “European” management style be developed instead of the national practices that frequently characterize companies originating in different European nations? How and under what circumstances should the European Union expand to Turkey, Ukraine, and other countries in the East? What has been the impact of the Treaty of Lisbon, in effect since 2009, on European economic, political, and social issues? In order to provide essential background and context for these issues, the course also reviews key events in modern European History. The course utilizes a variety of approaches, including small-group study, lectures, and case-study analysis, to develop a comprehensive understanding of European business. On virtual excursions to different districts of Berlin, the course studies how European and German history have influenced the economic development of this magnificent international capital and the course investigates the impact Berlin has in turn had on European business management. The course also features guest speakers on different topics in business and society in the European context.

This course examines what entrepreneurship is, how to understand entrepreneurship, how to prepare for the process of entrepreneurship, what difficulties one will encounter in the process of entrepreneurship, and who can help one in entrepreneurship.

This course provides students with an introduction to the basic concepts, methods, and practices of good accounting. Beginning with a consideration of accounting as an information system, students explore the structure of the double-entry bookkeeping system, the periodic measurement of profit by businesses, and the preparation of the statement of financial position. Students also tackle important topics like the problem of accounting for groups of companies and basic techniques for preparing group accounts. Students engage with the preparation of the three most important financial statements: the income statement, balance sheet, and the statement of cash flow. Through the active application of the content and the use of real-world examples, students understand how investors and others use financial statements and market information to assess a company’s investment potential.

This course is designed for students who are interested in launching, growing, or investing in early-stage companies. The course reviews the different sources of funding available to entrepreneurs and the key metrics considered by investors when assessing a new business. It covers important finance principles such as business planning, financial statement analysis, and startup valuation. Students develop a business plan and pitch to industry experts at the end of the course. The course is for students who are broadly interested in finance and entrepreneurship and does not require any prior background in accounting.

This course examines what is creativity; what is entrepreneurship; and why do they matter. In this course, students will identify, analyze and propose a solution to a meaningful unsolved problem in the world for an identified market segment. The course runs in an experiential mode, and you will form multidisciplinary teams to tackle their chosen problem, guided by entrepreneurship mentors and UNSW alumni who are running their own startup. Practical tools and protocols will be introduced for critically developing solution concepts, performing competitive analyses, building mindsets, skills, creativity and problem-solving, motivating and developing others, networking, building effective cross-disciplinary teams, designing experiments to validate concepts and rapid prototyping. Students will then learn pitching and visual and graphic design skills, learning how to communicate influentially.

This course covers global wine economics and the economy of sparkling wines and champagne. Topics include production potential, shipments and sales, strategies and economic models, marketing strategy and packaging, and the future of the industry.

This course examines the philosophy and basic concepts of operations management. The course defines the major activities associated with defining, organizing, planning, monitoring, and controlling projects; discusses the four major process decisions; presents systematic ways to analyze processes; explains and constructs control charts; identifies systematic approaches to capacity planning; presents the theory of constraints; presents key factors that determine the appropriate choice of an inventory system; and explores how to design an effective supply chain, and how to measure its performance.