Master of Business Administration (MBA) Specialisation International Finance and Economics Swiss UMEF (University of Applied Sciences Institute)

This program lays emphasis on the international dimension of the economy. It allows the student to understand the challenges of globalization in the areas of monetary and economic growth, international finance, and risk management.

Objectives:

At the end of this training program, the student will be equipped with the theoretical and practical knowledge to enable him/her to analyze and assess the strategy adopted by companies and by economic policymakers in the present context of economic crises in developed countries (European Union, United States) and in emerging countries (Brazil, Russia, India, China, South Africa).

Learning outcomes:

• The courses have been created so that each graduate, on successful completion of their program, will have learned critical thinking, effective problem solving, effective communication, emotional intelligence skills, strategic planning and thinking, quantitative skills, innovation, and critical analysis
• Students will be able to prepare variance analysis of the cost of operation as against budgeted costs, offer constructive advice on reasons for the excess cost, and provide measures towards cost reduction and performance variation using standard costing techniques.
• Students will be able to make economic and management decisions that bear and consider the global economic situations since the business units are affected by lots of exogenous factors beyond the control of managers.
• Students will be able to understand the economic issues as it relates to the income, employment, and economic growth indexes in a country‘s economy and be able to constructively criticize and examine the government policies.
• Students will be able to formulate short and long-run macroeconomic policies, exploring the sources of macroeconomic fluctuations, fiscal deficits, financial markets distress, capital immobilization, and effective monetary policy that tends to stabilize the economy.
• Students will be able to analyze the entire financial system and its component parts with an expanded knowledge of the trend toward globalization of financial markets and institutions and the inter-relationships with the economy.
• Students will develop the research and analysis of data, and come up with a new and innovative approach to solving hitherto difficult issues within the academic, business, and social environment.

First Year 60 crédits (ECTS)

• Marketing Management
• Human Capital and Talent Management
• Business Communication
• Accounting for Managers
• Organizational Behaviour
• Leadership, Team Management
• Corporate Finance
• Digital Transformation
• Strategic Management
• Project Management and Decision Making

Second Year 60 crédits (ECTS)

• Thesis Methodology
• Budgetary Planning and Control
• Income, Employment, and Economic Growth
• Political Economy/ Macroeconomic Development
• International Financial Markets
• Thesis or internship

Positions of responsibility in financial institutions, international organizations, consultancies, and companies.