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MBA - Finance

Managing Human Capital

Programme Objectives

The programme has the following aims:

  • To enable the advanced study of organisations, their management and the changing external context in which they operate
  • Equip individuals for and/or development of a career in business and management by developing skills at a professional or equivalent level to assume senior managerial and leadership positions in business
  • Development of the ability to apply knowledge and understanding of business and management to complex issues, both systematically and creatively, to improve business and management leadership and practice.
  • Enhancement of lifelong learning and personal development so as to be able to work with self-direction and originality and to contribute to business and society at large.

Benefits

At the end of the programme the successful student will have the ability to:

  • Demonstrate critical understanding of management theories, current issues of management, the development of conceptual frameworks to guide their application within organisations.
  • Acquire a strong foundation in key functional areas of business management to enable them to succeed as effective managers/leaders in an increasingly complex and dynamic environment.
  • Acquire and use a range of concepts, tools and techniques for problem solving and decision-making for analyzing complex and inter-related business scenarios.
  • Demonstrate and apply independent research and critical skills enabling the investigation and evaluation of valid and relevant management issues and practices.
  • Demonstrate initiative, insight, attitudes of responsibility and ethical leadership in the development of the strategic management agenda in the organization the participant works in or expected to work in the future.

Programme Content

Overview

This module enables participants to develop a critical understanding  of current and emerging practices in the managing of human capital in organizations. It enhances participants ’abilities to increase the contribution of human capital management to long-term corporate success, whatever the specific nature of their managerial role and the industry they are in.

Student centered learning will be strongly encouraged and developed. Cooperative Learning and Problem-Based Learning will be infused into the teaching-learning-assessment strategies.

Group discussion, case analysis and self directed learning resources will be available to support the delivery and the appropriate assessment tools / tasks will be used to assess the intended learning outcomes.

Learning Outcomes

On completion of the module, students will be able to:

  • Demonstrate a critical understanding that to engage successfully in processes of human capital management, their thinking needs to go beyond such dualisms as thinking and acting, structure and culture, strategy and implementation, and see each of these as different facets of unified processes in human and organisational life.
  • Analyse and evaluate the choices presented in approaches to human capital management practices and how these relate to the overall strategic way an organisation handles its changing environment and the range of stakeholders with which it deals.
  • Critically appraise current managerial practices to inform the way they can contribute to the strategic direction of human capital resourcing, and develop appropriate and relevant solutions to employment management issues in their organisations.

Syllabus

  • Historical view of work, work today and workers’ psychological contract
  • Essence of organisational strategy, human capital strategy
  • Human Capital Management( HCM) roles in structures, culture and policy as well as strategic Human Capital( HC) partnership and alliance
  • The Workplace Relations
  • New Roles and Challenges for HCM
  • Human Capital Trends and Organisation Culture

Resources

  • Course Materials provided by IPE.
  • Gary Dessler, A Framework for Human Resource Management, 5th Edition, 2009, Pearson International Edition.
  • Eugene McKenna, Nic Beech, Human Resource Management, 3rd edition, 2010, FT Prentice Hall
  • Online resources on OCTAL Portal
  • Online data bases from IPE’s E Library