New Trends in Leadership and Management 5 ECTS

Knowledge capital providing a competitive edge will be emphasised during this course, while providing students with a grounding in quality leadership, activity-based management in business leadership and the significance of leadership and management in the implementation of an organisation's basic tasks.
Course contents: Knowledge capital, quality leadership, activity-based management and accounting, leading and leadership
Assignments: Long essay
Evaluation: 0 - 5 

Business Transfer and Succession 3 ECTS

This course aims to provide students with a fundamental understanding of the preparatory requirements, practical implications and continuity of business through a successful transfer and/or succession. This course will focus on business transfer in the context of SMEs and family businesses. On completion, this course will provide a holistic understanding of the business transfer process, the stakeholders and activities to ensure a successful ownership change. The course is structured sequentially to answer the question of how can we ensure the survival of existing enterprises through a successful business transfer?
Course contents:
- Societal and economic importance of business transfer, the business transfer process
- Stakeholders and advisory services
- Sensitiation and awareness raising
- Family business succession
- Valuation and maintenance of value
- Matchmaking
- Financing/ financial instruments to support business transfers
- Different target groups of potential buyers
- Post transfer growth and innovation, knowledge transfer
Evaluation: 0 - 5 

Risk Management 3 ECTS

Students will be conversant with the concept of risk management and the risk management process. They will be able to identify, assess and manage business risks. Students will complete a risk management plan of a real or fictitious company according to the instructions given on the course pages.
Course Contents: Risk management, the risk management process. Identification, assessment and management of business risks.
Evaluation: 0 - 5

Organizational Psychology 3 ECTS

The role and responsibility of leadership in conflict situations, dealing with problems in the work community, work satisfaction, encouragement, reward and skills development. This course provides in depth knowledge of organisational behaviour.

HRM Practices for SME's 5 ECTS

The course provides great opportunities for course participants to apply the general HRM theories and knowledge learned from the basic HRM course to specific situations of SMEs (Small-Medium Sized Enterprises) identified by the partner universities based on the above scope. Through real-life cases and cooperations with SMEs and other related organizations in the partner university regions.

The common HR issues are identified:
- Uncertainty regarding future HR needs and requirements
- Current focus only on technical competencies
- Problems with finding and integrating young professionals/ university graduates
- Lack of knowledge about the (ever faster) changing expectations of younger people
- Lack of knowledge about the importance of non-financial rewards
- Problems with conducting interviews and implementing suitable assessments

Course content:
- Appreciate the importance of human resource management in SMEs
- Understand the application of HRM theories and knowledge to the context of smaller organizations/institutions
- Observe the changing global trends (e.g. globalization, digitalization, diversity, changing demographics etc.) and how these affect the role of HRM and international managers
- Competency-based HRM model and its application in the selective HRM processes such as recruitment/selection, learning/development and reward management

Assingments: Six quizzes with a minimum of 70% score each and write one self-reflection essay.
Evaluation: Pass / Fail

The following studies are offered during the academic year 2023 - 2024