This is a programme that has been designed for professionals that have not had the opportunity to broaden or certify their management skills. The programme has been designed to give all necessary means to a career. It is suitable for those who wish to improve their performance as managerial executives and for those who seek a professional career prospect. It also caters for those who are employed in other business areas, apart from Management. Furthermore, the programme examines the science and particularly the practice of Management. Applications are usually based on existing problems of the enterprises where students are employed. The length of the DMS course is one year, and the degree is awarded by UNIVERSITY OF WINCHESTER, UK. DMS holders after the successful completion of their studies and under certain conditions, it is possible to pursue studies aimed at obtaining the Master in Business Administration (MBA), under the only condition to achieving a satisfactory final grade. Assessment is through assignments and examinations, while classes are held on Friday evenings and Saturday mornings, on a fortnightly basis. Course Structure Topics Business Strategy Details This module will enable managers to understand, diagnose and contribute to the development of organisational strategies. To identify and propose ways of managing risk and opportunities inherent in organisational strategies and to apply conceptual frameworks to identify how organisational specific and contextual factors influence performance and outcomes Managing Information Details The module consists of two elements, statistics and information management (IM), respectively. The statistics element is focused on quantitative data analysis, building up from basic statistical concepts to more advanced techniques which are widely used in business. The IM element is focused on the study of IS/IT with an emphasis on the social environment where systems and technology can play a role. Specifically the IM element covers strategies that managers can adopt for the development of their information systems, the dynamic evolution of IT and its impact on business organisations, and the management of organisational knowledge for competitive advantage. Financial Analysis Details This module introduces students to the financial statements of sole traders, small limited companies and plcs together with a broad based and basic understanding of the regulatory framework within which plc’s report to stakeholders. The financial performance and position of organisations will be analysed. Students will learn to produce a forecast cash flow, income statement and balance sheet from raw data, and will use analytical techniques such as breakeven analysis, net present value and internal rate of return to assess the risk and financial return of new projects and business proposals. Human Resources Management Details The module explains the main functions of an HR manager and provides practical examples of managing people at work. Students will develop an understanding of human behaviour in organisations and how managerial performance can be enhanced through effective, ethical human resource managementTheories, techniques and methods are supplied through in-class activities, group work and self reflection. Operations in Business Details The module introduces students to the principles of operations management with a bias towards service operations. The context of operations management within an organisation’s business strategy is also explored. In addition, the module provides an introduction to project management, including the allocation of resources, using a practical approach through the application of Microsoft Project© rather than the drawing of network diagrams. Marketing Details This module introduces students to marketing, explaining the importance of a marketing orientation. The course takes students through the stages of developing, testing and implementing a marketing strategy, and aims to develop an understanding of the key marketing concepts and how these relate to organisational performance. Students will learn how to conduct detailed environment analysis, how to develop appropriate segmentation, targeting, and positioning strategies, and how to prepare marketing plans with appropriate mix activity and control mechanisms. The course includes the financial implications of marketing mix activity and the assessment of risk. Small Business Management Details This module will help students improve awareness of the distinctive nature of managing in the context of a small enterprise and to develop a managers understanding of the advantages and difficulties of operating in that environment. Enable participants to apply their analytical and creative skills to some of the major decisions taken by small business owner – managers. Understand the people who become entrepreneurs and owner – managers, who they are and what they do. Evaluate the main attributes required for the effective management of small enterprises. International Business Details This module will help students develop an understanding of the additional knowledge and skills needed by managers in an international business environment. Extend managers ability to analyse the risks inherent in international business situations. It will enable managers to improve their understanding by investigating a topic in international management that is of relevance to them or their organization.