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PRE MBA GRADUATE SUMMER SCHOOL


PROGRAM DESCRIPTION

The 2010 Pre-MBA at the International University of Monaco (IUM) is an 90-hour non-credit program completed in approximately three weeks. The Pre-MBA is designed to allow students of IUM MBA and Master Programs to be fully prepared to successfully undertake the intensive coursework at the graduate level. Given the wide variety of backgrounds, cultures, and fields of study of IUM students it is generally acknowledged that they need to acquire an initial familiarity with the accepted concepts, methodology, and terminology in key business fields before they begin advanced studies in the area. The Pre-MBA seeks to provide a basic understanding of business principles and the skills necessary for their efficient application. It also introduces the types of subject matter – and their particular challenges – students may encounter in their studies, while improving communication in the cross-cultural context.

Inspiring the Global Generation

Program Content PMBA 601: Introduction to Modern Business and Strategic Thinking PMBA 602: Introduction to Quantitative Methods for Business, using Excel PMBA 603: Introduction to Accounting PMBA 604: Introduction to Economic Analysis PMBA 607: Introduction to Finance


COURSE DESCRIPTIONS PMBA 601: Introduction to Modern Business and Strategic Thinking - (18 hrs) This course provides an introduction to the theory and practice of modern business, and provides students with the basic tools for developing their strategic thinking. It introduces students to fundamental management concepts; various functions such as marketing, human resource management and information technology; and the external environment of business and economics, as well as their international components. Students will learn the critical role management plays in modern business and demonstrate an understanding of the holistic nature of management in the modern firm – and how it affects the entire organization. They will gain an understanding of essential management theories, principles, and practice, and be able to discuss the relationship between the organization and its internal and external environments. PMBA 602: Introduction to Quantitative Methods for Business, using Excel - (21 hrs) An intensive revision course designed to help students who have not used mathematics recently or who have gaps in their knowledge. The topics covered include basic mathematical methods needed for business decisions, including review of functions and graphs (linear, quadratic, polynomial, exponential and logarithmic), solving simultaneous equations, time value of money, basic terms and methods of descriptive statistics, and mathematical problem-solving approaches. The course introduces and uses Excel extensively. PMBA 603: Introduction to Accounting - (15 hrs) This course introduces students to the essential accounting concepts. It focuses on a general overview of accounting, and explains the vocabulary and important concepts in the field. Students will learn techniques that they will use repeatedly in Master courses

such as how to read annual reports and methods of analysis, understanding and analysis of shareholders equity, the income statement, the balance sheet, the cash flow statement. Each class will contain handson exercises, case analyses, and analyses of financial reports. PMBA 604: Introduction to Economic Analysis - (21 hrs) This course introduces students to the basics of macro- and microeconomics (the study of the effects on the national economy of the choices that individuals, businesses, and governments make; and the workings of markets and industries, in particular the way firms compete with each other). The course sheds light on what is happening around the world and how this affects business decisions. Students will learn ways of analyzing the impact that the macroeconomic environment and microeconomic factors such as the process of market interaction have on the operations and decisions of a company they choose to examine. This will underpin a great deal of the subject matter they will later encounter in Master level coursework. PMBA 607: Introduction to Finance - (15 hrs) This course introduces students to essential financial concepts. It provides an overview of the main financial instruments and actors, and explains the vocabulary and important concepts in the field. Topics covered include financial ratio analysis, the time value of money, compounding and discounting, present value, annuities and perpetuities. Students will develop a basic understanding of financial terms,concepts, and ratios.


Week 1

Mon., Aug. 16

Tues., Aug. 17

09:00 am 12:00 pm

NO CLASSES

NO CLASSES

02:00 pm 05:00 pm

NO CLASSES

NO CLASSES

Week 2

Mon., Aug. 23

09:00 am 12:00 pm

Modern Business and Strategic Thinking

Modern Business and Strategic Thinking

Modern Business and Strategic Thinking

02:00 pm 05:00 pm

Accounting

Accounting

Accounting

Week 3

Mon., Aug. 30

Tues., Aug. 31

Wed., Sep. 1

Thurs., Sep. 2

Fri., Sep. 3

09:00 am 12:00 pm

Economic Analysis

Finance

Finance

Finance

02:00 pm 05:00 pm

Quantitative Methods

Tues., Aug. 24

Wed., Aug. 18

Thurs., Aug. 19

Fri., Aug. 20

Modern Business and Strategic Thinking

Modern Business and Strategic Thinking

Modern Business and Strategic Thinking

Quantitative Methods

Quantitative Methods

Quantitative Methods

Wed., Aug. 25

Thurs., Aug. 26

Economic Analysis

Week 4

Mon., Sep. 6

Tues., Sep. 7

09:00 am 12:00 pm

Finance

Finance

02:00 pm 05:00 pm

Economic Analysis

Economic Analysis

Accounting

Accounting

Quantitative Methods

Quantitative Methods

Economic Analysis

Economic Analysis

Wed., Sep. 8

Thurs., Sep. 9

Quantitative Methods

STUDENTS ORIENTATION ON MBA class

Fri., Aug. 27

Economic Analysis Fri., Sep. 10

STUDENTS ORIENTATION ON MASTERS class

GRADUATE PREPARATION SUMMER SCHOOL COST SUMMARY APPLICATION FEE A non-refundable application fee of €30 is due when the application is submitted. This applies only to candidates who have not applied to one of the IUM Graduate Programs. TUITION The tuition cost of the 2010 Pre-MBA program is € 3600, to be paid in two installments: The first € 1800 installment is due within two weeks of a student’s receipt of notification that they have been accepted on the Pre-MBA (such notification will be sent by email and regular mail). The remaining € 1800 of the tuition are payable no later than July, 31, 2010. REFUND POLICY Withdrawal no later than July 31, 2010 75% refund of the first € 1800 installament Withdrawal no later than August 18, 2010 50% refund of the first € 1800 installament Withdrawal after August 18, 2010 no refund

FURTHER INFORMATION AND APPLICATION PROCEDURE For more information, and to receive an application form, contact Ms. Leila Bello at: info@monaco.edu or +377-97-986-986. International University of Monaco 2, avenue Albert II MC 98000 Monte-Carlo Principality of Monaco Tel: +377-97-986-986.

www.monaco.edu


IUM Pre-MBA