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 2024 in Semester 1 and Semester 2 at Caulfield. It has no prerequisites.
- Credit points
- 6
- Offered in 2024
- Semester 1, Semester 2
- Caulfield
- Assessment
- No exam
- 1 task
- Workload
- 144 hours
- per semester
This is the 2024 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 2024 handbook.
Enrolment rules
You must be enrolled in course B6002, B6009, B6010, B6018, B6020, B6037, B6038, B6040, B6041, B6042, B6044, B6049, B6050, B6051, B6052, B6053 or E6008, or be granted permission by the Chief Examiner to undertake this unit.
Overview
This unit explores strategy and its related concepts. The focus is on strategic management – the process of defining purposes and objectives, analysing external and internal environments, formulating and implementing a viable and sustainable strategy, and evaluating firm performance. In this unit, you will develop the ability to see the enterprise as a whole, and to understand how and why the general manager can make a difference to the long-term performance of the entire firm. Through readings, cases, and lectures, you will be exposed to a wide-ranging, up-to-date synthesis of the growing body of literature on strategic management, and are placed in simulated managerial roles where you can apply strategy concepts and theories in contemporary management situations.
Offerings in 2024
| Teaching period | Campus | Mode |
|---|---|---|
| First semester | Caulfield | Flx ev |
| Second semester | Caulfield | Flx ev |
Assessment
- Within semester assessment100%
Learning outcomes
When you finish this unit, you should be able to:
- 1
assess complex situations and identify the core strategic issues firms face
- 2
gather and analyse relevant data pertaining to firms’ external and internal environments
- 3
critically apply strategic management theories and analytical tools to develop appropriate strategies
- 4
identify the courses of action that will effectively support firm strategies
- 5
evaluate firm strategies in financial, social, and sustainability terms
- 6
demonstrate knowledge or skills for crafting sustainable futures for people, organisations, communities, and/or the environment.
Workload and teaching
- Lectures12 hours
- Tutorials24 hours
- Teaching approachProblem-based learning
- Teaching approachCase-based teaching
- Teaching approachEnquiry-based learning
- Teaching approachActive learning
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. You are expected to complete all pre-class activities prior to your scheduled class, and post-class activities should be completed after your scheduled class. Learning activities may include a combination of teacher directed, peer directed and online engagement activities.
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 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.
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.
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 2024, 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.