INSTITUTE FOR THE HUMANITIES AND IT (IGUMO, Moscow)
PROPOSED CURRICULUM

Bachelor of Science degree in Financial Management

INTRODUCTION

The curriculum is designed with the primary objective of imparting knowledge in the twin disciplinary areas of Management and Finance. The expectation is that students will emerge from the course equipped with the knowledge needed to manage businesses as well as to understand finance and as a basis for working in the world of global finance and financial markets.

For those not intending to immediately proceed to graduate school, our experience has shown that students from similar programs leave with highly marketable business knowledge and the skills necessary to easily secure good employment opportunities such business environments as banks and other financial institutions, small business enterprises, multinational corporations, and non-profit organizations.

PROGRAM STRUCTURE

The program will consist of 10 courses (40 credits), offered in a blended delivery mode where, 20 –24 hours of intensive face-to-face classroom-based activities will be followed by a period of about 10 weeks during which professors will meet and interact with their students in a virtual environment. That will be followed by another week of intensive face-to-face interaction, during which another 20-24 hours of academic contact will take place.

The courses to be offered will be based on the following template:

Credits To Be Transferred From IGUMO

# of Crs Type and purpose of credits

≥30 Credits that satisfy SUNY General Education Requirements
≥30 Area of Study Requirements
≥24 Concentration Pre-requisites

Up to 88 Total accepted for transfer from IGUMO

Concentration Courses

1. Managerial Leadership 4
2. Money and Banking 4
3. Cross-Cultural Management 4
4. Risk Management 4
5. International Finance 4
6. Entrepreneurship and SME Management 4
7. Managerial Finance 4
8. Emerging Markets 4
9. American Business in Historical Perspective 4
10 Corporate Finance 4

EXPECTED OUTCOMES

Knowledge outcomes

Upon successful completion of this course the students should be able to:

• Demonstrate understanding of the cardinal elements of subject matter relating to the science of management, decision-making in a business environment, risk and risk analysis, global markets and global finance and how businesses manage their finances for profitability.
• Apply the subject matter critically and analytically in real-life situations.
• Integrate the knowledge acquired in the program to carry out a case analysis of a real or model business and to identify its strength and weakness and to determine what changes can be made for improvement.
• Demonstrate an acceptable familiarity with how to assume management roles in planning, organizing and controlling the functions of enterprises.
• Design and develop a business plan.
• Readily pursue post-graduate studies in the area of business or management.

• Show familiarity with basic theories of management, leadership and motivation and to make sound evaluative judgement on their applications in the conduct of global business
• Explain the principles and theories of ethical decision-making and their practical implications on the everyday conduct of business;

Skills outcomes

As result of completing this course students will have acquired the following skills and values:
• Excellent written and oral communication ability demonstrating analytical and critical thinking skills necessary to make sound business decisions
• Ability to work as part of a team, both as a leader and a follower and for team building.
• Ability to respond to and manage change.
• Numerical and quantitative skills including data analysis interpretation and extrapolation
• Self awareness, openness and sensitivity to diversity in terms of people, culture and different modes of operation in a business, depending on its size, location, product and other variables
• Effective self management in terms of time, planning, behaviour, motivation and individual initiative
• Familiarity with or, better still, ability to make effective use of the communication and information technology tools in common use for business applications.

Assessment

The methods of assessing student progress include short tests, formal examinations (unseen and open, in class or take home), independent research exercises, simulations, data analysis, essays, reports, class presentations and continuous active in-class participation. Assessment is linked to the learning outcomes of each course and informs the learning process.