MGF5976 Strategic management
Faculty of Business and Economics
MGF5976 Strategic management is a level 5, 6-credit-point, postgraduate unit from the Faculty of Business and Economics, offered in 2023 in Semester 1 and Semester 2 at Caulfield. It has no prerequisites.
- Credit points
- 6
- Offered in 2023
- Semester 1, Semester 2
- Caulfield
- Assessment
- No exam
- 1 task
- Workload
- 144 hours
- per semester
This is the 2023 handbook entry. See the 2027 entry.
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Requisites
Before MGF5976
No prerequisites or corequisites besides the enrolment rules below.
After MGF5976
No unit lists MGF5976 as a prerequisite in the 2023 handbook.
Enrolment rules
You must be enrolled in course B6002, B6009, B6010, B6018, B6020 or E6008, or be granted permission by the Chief Examiner to undertake this unit.
Overview
Identification and evaluation of the firm's competitive position, its markets, government policies, social issues, emerging trends and key factors which are critical for success in its environment. The crafting of an appropriate strategy supported by structure, controls and rewards.
Offerings in 2023
| Teaching period | Campus | Mode |
|---|---|---|
| First semester | Caulfield | Evening |
| Second semester | Caulfield | Evening |
Assessment
- Within semester assessment100%
Learning outcomes
When you finish this unit, you should be able to:
- 1
understand the dynamic nature of business and the strategic management processes employed by businesses to gain sustainable competitive advantage
- 2
develop analytical skills to plan the future of an organisation in its competitive environment from the viewpoint of the chief executive
- 3
identify the necessary skills for developing and implementing strategies that will enable the organisation to achieve competitive advantage and sustainability
- 4
critically analyse the strategic management theories and practices to apply to organisational realities
- 5
develop management skills and knowledge to examine strategic management challenges from strategy, change and learning perspective.
Workload and teaching
- Tutorials24 hours
- Lectures12 hours
- Teaching approachProblem-based learning
- Teaching approachEnquiry-based learning
- Teaching approachActive learning
- Teaching approachCase-based teaching
Minimum total expected workload to achieve the learning outcomes for this unit is 144 hours per semester typically comprising a mixture of scheduled learning activities and independent study. Independent study may include associated readings, assessment and preparation for scheduled activities. The unit requires on average three/four hours of scheduled activities per week. Scheduled activities may include a combination of teacher directed learning, peer directed learning and online engagement.
This unit includes problem-based learning approaches, where you engage in research, integrate theory and practice and apply knowledge and skills to develop viable solutions in response to a problem or set of problems.
This unit engages you in enquiry-based learning, where you will be encouraged to use your own knowledge to develop and engage in a process of enquiry, study and research to identify areas to be investigated and an approach to doing so.
This unit engages you in actively applying your knowledge, skills and attributes in interactive, collaborative and reflective activities.
This unit includes case-based teaching, where you apply your knowledge and engage in analytical and reflective thinking to solve complex contextual scenarios. Activities are often designed so that there is not one clear answer, but you need to work together to examine, analyse and make decisions to resolve the situation.
Contacts
- Chief Examiners
- Professor Dean Xu
Common questions
What are the prerequisites for MGF5976?
MGF5976 has no prerequisites, but enrolment rules apply.
When is MGF5976 offered?
In 2023, MGF5976 runs in Semester 1 and Semester 2 at Caulfield.
How much work is MGF5976?
The handbook expects about 144 hours of study across the semester. No students have rated its difficulty yet.
Does MGF5976 have an exam?
No. MGF5976 has 1 assessment task and no exam.