Advanced Diploma

INTERNATIONAL ADVANCED DIPLOMA IN MANAGEMENT

Students who have finished International Diploma Program are eligible to enter to the International Advanced Diploma. After finishing this program students will be awarded International Advanced Diploma by Mongolian Royal Academy and can transfer to the following Universities:

  1. Royal International University, MGL
  2. University of Wolverhampton, UK
  3. Colorado Heights University, USA
  4. Virginia International University, USA
  5. California International University, USA

Curriculum of International Advanced Diploma in Management at the MRA

Module CodeModule NameCreditsPrerequisite
1

МGMT 200

Personal Development & Leadership in a Business Environment2
2MGMT 201International Business Communication3ECON 101
3ECON 201Micro Economics2ECON 101
4

ACCO 219

Principles of Accounting3
5MGMT 203Management of Change3ECON 101
6CILA 207

Intellectual Property Law

2
7ENGL 205Business English3

ENGL 106

8ECON 202Macro Economics2ECON 201
9

MRKT 201

Public Relations3MGMT 200
10CILA 204Business Law2
11MGMT 202Financial Management3ECON 101
12LANG 200TOEFL Preparation3

ENGL 106

13MGMT 311Organizational Behaviour3
14ACCO 202Financial Accounting3
15PRAC 200Familiarisation Practice2
Total credits39

COURSE DESCRIPTIONS:

PERSONAL DEVELOPMENT & LEADERSHIP IN A BUSINESS

ENVIRONMENT (MGMT 200):

This course focuses on how managers become effective leaders. Examines basic principles of managing people, making use of theories that transcend the workplace, including the psychology of individual and group behavior. Emphasizes leadership, strategic thinking, team building, and performance.

INTERNATIONAL BUSINESS COMMUNICATION (MGMT 201):

This course covers core communication practices: routine business correspondence, positive, informative, negative, persuasive messages. Introduction to research and job application process. This three-unit course is designed to ; familiarize students with the techniques, strategies, and forms of writing used in the professional world; teach students to use precise and persuasive language to achieve their business goals; prepare students for communication in the workplace and in their other business classes.

MICRO ECONOMICS (ECON 201):

This is an introductory undergraduate course that teaches the fundamentals of microeconomics. This course introduces microeconomic concepts and analysis, supply and demand analysis, theories of the firm and individual behavior, competition and monopoly, and welfare economics. Students will also be introduced to the use of microeconomic applications to address problems in current economic policy throughout the semester.

PRINCIPLES OF ACCOUNTING (ACCO 219):

This course is an introduction to the basic concepts and standards underlying financial accounting systems. It introduces the financial environment, financial statements, the accounting cycle, and the theoretical framework of accounting measurement emphasizing mechanics, measurement theory, and the economic environment. Several important concepts will be studied in detail, including: revenue recognition, inventory, long-lived assets, present value, and long term liabilities. The course emphasizes the construction of the basic financial accounting statements – the income statement, balance sheet, and cash flow statement – as well as their interpretation.

MACRO ECONOMICS (ECON 202):

This course examines alternative macroeconomic models used to characterize long-term trends and short-term fluctuations in key economic indicators such as gross domestic product, unemployment, inflation, consumer confidence, and deficits. 4 credits Students will develop an understanding of core macroeconomic principles and their application to current problems and issues faced by policymakers. The course will emphasize the macroeconomic policy challenges faced by governments and central banks and describe the various tools available to meet these challenges.

PUBLIC RELATIONS (MRKT 201):

This course is an overview of the functions, practices and growing application of public relations in private industry and the public sector. Emphasis is placed on the planning, writing, and management functions, working with the media and developing effective public relations strategies. At the end of this course, students should be capable of performing the following public relations activities: analyzing public relations problems and opportunities; understanding and developing concise and targeted public relations messages; understanding the terminology and theoretical concepts associated with public relations; track a complex issue and develop a strategy for managing it; conduct secondary research on corporate and agency activities.

BUSINESS LAW (CILA 204):

The aim of this course is to instill a keen understanding and appreciation of the legal aspects of business. This course will provide an understanding of legal methodology and the main principles of law relating to business transactions. The course will also demonstrate how commercial law and business practices inter-relate and often influence each other in shaping modern commerce and industry. In particular, key legal topics will be explained and illustrated from a business perspective

FINANCIAL MANAGEMENT (MGMT 202):

This course provides an introduction to the theory, the methods, and the concerns of corporate finance. The concepts developed in FNCE 100 form the foundation for all elective finance courses. The main topics include: 1) the time value of money and capital budgeting techniques; 2) uncertainty and the trade-off between risk and return; 3) security market efficiency; 4) optimal capital structure, and 5) dividend policy decisions. It also focuses on companies’ sources and uses of financial resources. Of particular interest are the capital/debt structure decision and capital budgeting techniques, emphasizing the impact of long-end short-term uses and sources of funds on the firm’s value.

ORGANIZATIONAL BEHAVIOR (MGMT 311):

Organizations are collection of individuals each allocated a set of tasks, the effective fulfillment of which should facilitate the attainment of the various goals of the organization they work for. Designing the content of people’s job motivating them to perform well is a fundamental task of a manager carried out on a daily basis. At the same time, the way employees are grouped together, and the manner in which the job of each relates to the jobs of others provides the structure of an organizations and the effectiveness of the structure is the key aspect in the successful performance of the organizations. The management of people and organizational processes are clearly strategic issues. Focus of this course is on the discipline of organizational behavior, as a learned skill in managing people’s behavior and interaction in organizations. This course emphasizes learning through class discussions, case studies, presentations and video clips.

FINANCIAL ACCOUNTING (ACCO 202): This course is a continuation of ACC 219, Principles of Accounting and an introduction to the use of accounting information for management decision making. Specific topics include determining cash flows, international accounting, product costing, budgeting and other concepts of management accounting. It also focuses on accumulation, organization and interpretation of financial and quantitative data relevant to the activities of corporate business enterprises; analysis of financial reports; current regulatory reporting requirements with attention to business ethics and an understanding of global reporting issues.

KNOWLEDGE MANAGEMENT FOR TODAY’S COMPETITIVE COMPANY (MGMT 413):

Knowledge transfer is an ongoing process of sharing knowledge and information with others. As organizations prepare for the potential mass departure of individuals retiring or rotating to new positions, we seek to preserve the knowledge that these employees have collected. According to Michael English and William Baker in their book Winning the Knowledge Transfer Race, record retirements of the 77 million baby boomers and the transition to Generations X and Y workforces threaten organizations with huge losses of vital knowledge. The first of the boomers, born between 1946 and 1964, will turn age 65 in 2011. By 2030, the 65-year-old-plus segment will account for about 20 percent of the U.S. population, doubling the percent that segment held in 2000. When these workers retire they will take their tacit knowledge with them. This phenomenon makes rapid knowledge transfer all the more important.