The Banking and Finance course has been carefully designed to support Banking sector executives as well as experienced personnel in the commercial banking and financial sector. While this programme maintains all the advantages of an MBA course - a wide range of knowledge that covers all the functions of a business - at the same time it provides the opportunity to specialize in finance. The MBA Programme with Specialization in Banking & Finance is two years in duration (part-time), meeting fortnightly, Friday evenings and Saturday mornings, in Thessaloniki and Athens. After completing the first year (foundation) then follows the second year (specialization and dissertation). Year 1 Year 2 Topics Information Management Details The module is focused on quantitative data analysis, building up from basic statistical concepts to more advanced techniques which are widely used in business. The module covers also applications of statistical modeling for business and methods of analysis and presentation of quantitative data. Human Resource Management Details As human resources are almost inevitably central to the activities of any organisation, this module attempts to combine both relevant academic theory and practical utility by linking the strategic dimension of human resource management to the everyday role of line managers who are now increasingly seen as important - or even central - to effective employee performance. The sessions therefore touch upon corporate strategy to introduce the context for HRM theory, and then concentrate on the role(s) of the HR Department, Introductory Employment Law, Managing Diversity and Equal Opportunities, Performance Management, Change Management, and conclude on The Role of the Line Manager in an attempt to integrate and provide a comprehensive overview. Financial Management Details Financial Management is concerned with the financial performance and financial position of an organisation. It is also concerned with the financial decisions that an organisation may have to make such decisions will impact upon such issues as pricing and volume, financing and capital structure, cash management and dividend policy. The module is delivered in two parts. First, Financial Accounting which focuses on external reporting of past performance which is very rule based. Financial Accounting gives a model which can help understand how the business model works, this is principally illustrated through the use of ratio analysis. The second part is Management Accounting which has an internal focus looking to the future to help managers plan, control and make decisions here a large emphasis is placed on the appreciation of different costing systems, break even analysis and cost volume profit analysis. Operations Management 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 rather than the drawing of network diagrams. Core factual material is provided through case studies and interactive lecture sessions. 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. Business Environment Details The module introduces the concept of business environment and how it could be analysed for strategic decision-making. It also trains students to apply appropriate models and frameworks to evaluate risks that affect organisations and their business portfolio. During the lectures students will examine the inter-relationships between key factors and evaluate the impact of shifts and changes in these factors on organisational performance in advanced, emerging and transition economies. They will investigate the key issues associated with ideas of social responsibility, sustainability, corporate governance and the trade-offs between organisational stakeholders and organisational goals Strategic Management Details This module involves an appreciation of what is happening outside the organization (in terms of the environment/ industry/ market etc) as well as internally (culture, structure etc.) as well as how they might go about the process of managing change. A significant number of tools and techniques will be introduced, but the idea is that by the end of the module students will be able to combine the insights from a range of these techniques to give a multi-faceted view of the organization, its situation and what it should do. Topics Business Research Methods Details The modules aim is to introduce students to issues of securing knowledge about the human behaviours in work places through the design of research projects, collection and analysis of data, and presentation of results. The module focuses on skills and knowledge necessary for the successful completion of a research project. Leadership and Management Skills Details This module focuses on developing individual leadership skills with a particular emphasis on maximizing creativity at the individual, team, and organizational levels. Sessions will examine a range of current leadership theories, including transformational leadership, illustrated with examples and integrated with practical exercises. In addition to the theoretical foundations, there is a strong emphasis on personal development. Students will assess their own leadership style using established measures and use relevant theory to write an action plan to guide their own professional development. The assignment will require application of theory and critical analysis to aid development of leadership skills and style. Strategy for Sustainable Business Details The module explores strategy as a disputed field and emphasises the need to understand cultural, social and ethical issues as well as economic factors that underpin the development of strategy in organisations. It trains students to develop the ability to engage more fully with the strategic discourse of their own and other organisations. The module will provide critical examination of tools, models and concepts for implementing sustainability strategies and policies in businesses and organisations. It will review current and evolving ideas and concepts in the context of drivers for business change required in order to respond to pressing sustainability and responsibility challenges. The module will investigate practices, innovations and evolving ideas for embedding sustainability and will emphasize in developing sore competencies through Knowledge Management and Learning Organisation theories. Money and Banking Details Money and credit: definitions, forms and functions. Money demand. Money supply and the operation of the banking system. Money markets: short-medium term money market. International money markets. Capital markets: primary and secondary capital market. The Athens Stock Exchange. Derivatives and deferred transactions. Intermediaries in the financial markets: the banks. Depositor organisations. Non-banking financial agencies. Types of interest rates. Real and nominal interest rates. Prime rate. Administration and operation of depository organisations. Legal framework of bank operation. Deposits insurance. The central bank (Bank of Greece) and its operation. The EU central bank. Corporate Finance Details The module has been designed and developed to provide course members with an opportunity to explore the theory and practice of corporate financial strategy and the link with corporate strategy. A blended learning strategy will be utilised, involving a combination of classroom based learning, independent and group study, together with tutor-student and student-student interaction via Study Space. Where and when possible, corporate finance practitioners will lead one or more session, offering course members the opportunity to explore at first hand how analytical frameworks and models are applied in the practice of financial strategy and decision making. International Finance Details International banking market. International transactions and capital markets. Exchange rates. Fixed and fluctuating prices. European parity mechanism. Economic and Monetary Union (EMU) and the Euro. Foreign trade balance. Multinational companies: financing and capital management. Investment activities abroad. International financial strategy planning. Taxation of international businesses. Tax regulations for multinational businesses. Tax incentives for international trade. Taxation paradises and multinational businesses. Business Ethics Details The module provides a critical review of the concepts of business ethics, corporate social responsibility, and stakeholder management and enables students to analyse, evaluate, and formulate business decisions in the light of ethical and societal considerations. Particular emphasis is put on current corporate practice and recent regulatory developments in order to provide the students with an up – to- date understanding of the fast –moving field. The module draws on and engages with the ongoing debate concerning the role of business organisations as future generators of ‘sustainable value’ for business and society at large. This is then placed in the context of functional discipline areas through topics such as accounting standards, corporate governance, green marketing, social entrepreneurship, employee wellbeing, sustainable innovation and global supply-chain management. The implications of these principles for student’s own leadership practices are considered, introducing the concept of ‘responsible leadership’ from different organisational, national, cultural and ethical perspectives. Project in Banking and Finance Details The dissertation enables students to specialise in an area of interest by conducting an independent, in-depth research project, guided by research-active tutors. Students will evaluate and synthesise research philosophies, develop research strategies, conduct research using secondary and/or primary sources and analyse their findings in relation to existing theories. The dissertation is of interest to potential future employers, demonstrating critical abilities, research expertise and business knowledge. It can also prompt student interest in conducting further research, whether in a consultancy role or in continued academic research at PhD level.