Entrepreneurship and Innovation

Entrepreneurship and Innovation

Master Degree

Entrepreneurship and Innovation

The MBA Program is an internationally-recognized degree designed to develop the skills required for careers in business and management. However, the value of MBA is not limited strictly to the business world. MBA Program can also be useful for students pursuing managerial career in the public sectors, government, and private industrial sectors, and other areas. The most core courses in the MBA program cover various areas of business such as Accounting, Applied Statistics, Business Communication, Business Ethics, Business Law, Organizational Behavior and Design, Global/International Business, Information Technology, Finance, Managerial Economics, Leadership and Management, Entrepreneurship, Marketing, and Operations in a manner most relevant to management analysis and strategy as well as elective courses that allow students/participants to follow their own personal or professional interests. Some schools require that MBA students/graduates have to complete internship at companies or organizations, which they can lead to concrete job opportunities after the completion of the MBA program.

Essentially, the business context in Cambodia has rapidly changed and need to improve their governance in the business firms, enterprises, organizations and government sectors. Therefore, in order to meet the globalization in Cambodia, the graduate programs in the Business Administration are designed to meet the urgent needs of professionals to advance and modernize business, leadership, management, and enrich professional skills and knowledge for innovation and wisdom to address our today’s global economic challenges.

MBA Program is designed to pursue and develop high performing students with an entrepreneurial spirit into innovative leaders and ready to tackle challenges of today's global business environment and seize the right opportunities for the right business with the right education. Therefore, the Graduate School of Management Economics offers MBA degrees with specializations in Human Resource Management, Management, Economics, Finance, International Business, Marketing and Entrepreneurship and Innovation as well as EMBA, which intend to develop students into future leaders and executives. In addition,  the programs are directly linked to practical experiences, career goals, and professional development and respond to the major challenges and complexities in world economy, world businesses, and organizations today is changing rapidly: globalization, growing importance of knowledge and intangible, and the uncertainty and risks in the markets.

Major: Entrepreneurship and Innovation

Year One: Foundation Year Courses

Course Code

Course Title

Credits

Priority

ENGL 500

Writing for Graduate Studies

3

Required

MGT 505

Fundamentals of Management

3

Required

NATS 510

Global Environmental Awareness

3

Required

STATS 520

Fundamentals of Statistics

3

Required

RESR 525

Research Methodology

3

Required

MGT 530

Governance, Management, and Leadership Dynamics

3

Required

 

Subtotal

18

 

Year Two: Basic Major Courses

Course Code

Course Title

Credits

Priority

MKT 560

Marketing Management and Strategy

3

Required

MGT 565

Strategic Management and Business Policy

3

Required

FIN 565

Managerial Finance

3

Required

MGT 576

Project Management in Business

3

Required

 

Subtotal

12

 

 

Core Major Courses

 

 

Course Code

Course Title

Credits

Priority

ENTR 580

New Venture Creation

3

Required

ENTR 582

Entrepreneurship and Small Business

3

Required

ENTR 584

Entrepreneurship, Innovation and Creativity

3

Required

ENTR 586

Social Innovation and Entrepreneurship

3

Required

 

Subtotal

12

 

 

Elective Courses (Choose 2 Courses)

 

 

Course Code

Course Title

Credits

Priority

ECON 515

Fundamentals of Economics

3

Elective

MGT 535                   

Human Resource Management

3

Elective

ECON 535

Microeconomic Theory

3

Elective

ECON 540

Macroeconomic Theory

3

Elective

MGT 550                 

Total Quality Management

3

Elective

BUS 560

Global Business Strategy

3

Elective

MKT 565

Marketing Research and Business Planning 

3

Elective

MGT 567

Training and Development

3

Elective

MGT 570

Negotiation and Conflict Resolution

3

Elective

BUS 570

International Trade Law

3

Elective

MGT 580

Human Behavior in Organization

3

Elective

FIN 574

Financial Markets

3

Elective

 

Subtotal

6

 

Graduation Paths

Course Code

Course Title

Credits

Priority

ENTR 596

Two Elective Courses

42 + 6

Option

ENTR 597

Project Report              

42 + 6

Option

ENTR 598

MBA Thesis                  

36 + 12

Option

 

Total

48

 

Course Description

ENGL500        Writing for Graduate Studies

Students will study the academic English to advance and broaden their knowledge in order to be able to keep pace with the requirements of the Graduate School assignments and progressive work. The course enables them to understand how human being utilizes oral and written language to interact with each other in the learning environments.  Furthermore, students will do their best to explore different styles of academic writing and develop basic skills in conducting academic research based on comparison and analysis of various case studies. Significantly, students will build on their foundation knowledge through their own research in various topics assigned and verified by professor of the course and strength in an academic essay writing style.

MGT 505        Fundamentals of Management

This course will provide students with the fundamental principles and skills needed for the field of Management. It refreshes students in the process of accumulating managerial responsibility at their workplace with updated theories and managerial cases. The course also discusses various topics related to management theory, history of management, organizational culture, planning and practical applications for managers who work in small and large organizations. Finally, it enables students to learn how to use management and leadership skills in a decision making process.

NATS 510      Global Environment Awareness

This course introduces students to concepts and theories related to world environment. It discusses a natural process of an ecological system, economic and social development in equilibrium to environmental conditions. Importantly, it brings updates about human activities and environmental pollution causing major problems from draught, inundation, desertification, contaminated soil, air and water to ozone depletion. The course also raises awareness of essence in environmental preservation through various debates about climate change, natural resource protection and conservation and sustainable development from an environmental perspective.

STAT 520       Fundamentals of Statistics

This course is designed for students who have never taken statistics before. It starts with the introduction of the elementary concept of statistics and descriptive statistics and ends with inferential statistics. By the completion of the course, students will learn how to present qualitative and quantitative data from using graphs to summary values. They also learn basic probability theory in order to understand the concept of inferential statistics. The students need to have an increased understanding of inferences, confidence intervals and hypothesis testing along with practices through the final step of the course, as these are vital for them to resume their studies in the field of academic research from Research Methodology course necessitating a requisite of Fundamentals of Statistics.

RESR 525      Research Methodologies

This course targets at offering skills and techniques in research to the course followers. The major themes with regard to the course include problem statement development, hypothesis formulation and the practical aspects of research methods to attain the intended and desired research outcomes. It, of course, looks into research proposal, a research scheme and literature review. Essentially, it discusses the citation of documents or the ways to tell the sources of information, surveys, interviews and questionnaires. Moreover, it introduces a comparative aspect of research methods from social discipline to science and business on the basis of the use of the distinctive use of qualitative and quantitative approaches. Ultimately, the course members are expected to be able to develop their own themes and conduct the research for the class, together with the presentation of the written report from research findings.

MGT 530        Governance, Management and Leadership Dynamics

This is an upper level course of management and leadership which looks at how managers and leaders behave and make a decision to deal with an organizational change and a crisis situation. Students will be expected to actively participate in the debate on studies relevant to the themes such as advanced management skills, leadership dynamics and leadership styles. The subtheme on Effective Governance is also introduced for the course followers in order for them to increase an understanding about responsibility, decision making and accountability in the field of management and leadership. A combination of readings and class discussions with hands-on exercises will familiarize students with the variety of approaches one might take to management and leadership. To advance the students’ knowledge in the discipline, case studies on corporations, business firms and public institutions are incorporated into the course.

MKT 560        Marketing Management and Strategy

This course is designed to provide students with a concise and practical management guide to the latest ideas in advanced Marketing and Strategy. The course shows how to develop a marketing orientation in the organization and how this impacts on the ultimate corporate goals of profit, growth and security. Then, students examine how marketing strategies are developed and implemented through effective product, pricing, distribution, communication and services. This course enables students to better appreciate the role of marketing in individual firms as well as the wider community and also examines how a business can make effective use of marketing concepts to achieve an understanding of the objectives of both its competitors and its customers, and to make appropriate buying, selling, pricing and investment decisions. At last, contemporary marketing issues are examined to determine their influence upon households, firms, and industries.

MGT 565        Strategic Management and Business Policy

This course will provide students with an opportunity to apply concepts, skills, and techniques to real-world corporate problems and build on existing knowledge in management, hence advancing it to the use of strategies to better manage business and work. The course explains concepts and theories useful in understanding the strategic management process and strategic vision, strategic positioning of a business firm, strategy formulation and implementation. It delves into diamond strategy from Michael Porter, strategy theories and application of strategies for competitiveness and establishing a market niche. Case studies on successful grand business strategies are introduced to broaden further knowledge in strategies used in management assisting managers to achieve the organizational goals successfully and within the given time frame and budget.

FIN 565          Managerial Finance

The course will provide students the language and tools of finance and will give students the capacity to understand the theory and application in real world situations, the techniques that have been developed in corporate finance. The course discusses the main principles that guide corporate managers in maximizing firm value. The major topics of the course include the role of corporations and financial managers such Time Value of Money, Valuation, Capital Budgeting, Capital Structure, and Dividend Policy. The course will also help students to make better decisions in financial matters, through analyzing cases, as well as completing assigned exercises and problems. Students will further develop and strengthen own financial management skills required to meet the challenges facing today's complex organizations.

MGT 576        Project Management in Business

The course designed for the provision of the evolution and update about business projects in a changing international business enables financial and business managers to be well prepared and ready to manage various projects. It focuses on project planning, project scope, Gann Chart, PERT Analysis, project proposal, project implementation and evaluation. Case studies on private projects, i.e. NGOs/firms and public projects are to enhance debate and analysis of projects from a practical aspect. In the end, the students are able to formulate project proposals, manage business projects and contribute to bringing in profits and benefits for their firms.

ENTR 580      New Venture Creation

This course is designed for students who are interested in entrepreneurship. The focus is on entrepreneurship as generic activity. It explores the opportunities and challenges face by individuals who seek to start a new venture and the probable career development paths that are available. For those who may be interested in starting or running a new business, the course will provide an essential foundation for this process, identify the skills and resources required, and explore the opportunities available to the young entrepreneur.

ENTR 582      Entrepreneurship and Small Business

The Entrepreneurship and Small Business Management discusses the different steps in the entrepreneurial and small-business process, such as opportunity recognition, gathering resources, strategic planning in smaller companies, managing the venture, and growth, exit or failure of the business. It also introduces different types of entrepreneurship, such as social, academic and corporate venturing, as well as the theories that are important within this research field. The course aims to introduce students to the world of start-ups, SMEs and corporate venturing. The course is to acquaint students with concepts and theories that are relevant in the process of setting up and managing an own business. Besides, the course will illustrate how entrepreneurial behavior in large companies can positively influence multiple individual and firm-level performance variables. At the same time, the course will offer the students a ‘learning-by doing' environment in which they can practice certain fundamentals of the entrepreneurial process such as value creation, opportunity recognition and creativity. Finally, this course aims to bridge theory and practice illustrating how the theories in this course are applied in their specific business context.

ENTR 584      Entrepreneurship, Innovation and Creativity

This course aims to provide students with an understanding of the nature of enterprise and entrepreneurship and introduces the role of the entrepreneur, innovation and creative skills as well as technology in the entrepreneurial process. It is not about small business or life style businesses but instead the development of growth oriented businesses - whether for-profit or not-for-profit. Entrepreneurship is both a way of thinking and of doing. It involves "building something from nothing" and successful entrepreneurs know how to manage and mitigate uncertainty and risk. The course content is relevant to those individuals thinking about starting a business or who are already in business - large or small, those who are interested in commercializing their own innovations or of others, and those who advise entrepreneurs or engage in policy making in the entrepreneurship area.

ENTR 586      Social Innovations and Entrepreneurship

The course aims to provide students with a new orientation and way of thinking to organize and lead sustainable development, namely through social innovation and entrepreneurship. Sustainability encompasses many dimensions, including the long-term maintenance of responsibility, which has environmental, economic, and social dimensions. This course focuses upon ways in which social innovation and entrepreneurship are driving the delivery of social (including environmental) value in communities, and the way in which this (accelerating economic) relationship drives social changes, both globally and locally. The course will help you to develop awareness and critical understanding of the accelerating economic relationship between the government, business and the third (non-for-profit) sectors, in areas of social innovation and entrepreneurship.

ECON 515      Fundamentals of Economics

This course, in its traditional sense, does not deal with economic issues. It focuses on the principles of economics necessitated for practical applications in the economics. The course also provides basic knowledge in Microeconomics and Macroeconomics used as economic tools of analysis. This is to be accomplished by raising certain key problems or issues relevant to the economics principles, teaching the tools necessary for analysis, and finally applying these tools to analyze the problems.

MGT 535        Human Resource Management

HRM uses a workshop approach to explore day-to-day management issues, with specific focus on the management of human resources.  Specifically, the course will examine staff and managerial issues from an international and national business perspective. This course covers job evaluation, recruitment, selection, orientation and training, compensation management, performance appraisal, labor relations, and employment standards. It also enhances the students’ knowledge from a practical aspect through case studies dealing with underuse or overuse of resource in the personnel management sector.

ECON 535      Microeconomic Theories

This course to acquaint and equip students with knowledge in microeconomics provides theories and practices closely linked to analysis of a firm’s and consumer’s behaviors, especially their action and influence in the realization of the microeconomics sector. It embodies utility function from an individual firm and elasticity of demand and supply. It also explains profit maximization, competition policy, economic trade-offs among firms and firms’ strategies in dealing with each other in terms of production and sales. Case studies on a firm’s behavior and market structure are needed to raise update and further knowledge in the application of microeconomics in the real business sector.

ECON 540      Macroeconomic Theories

Macroeconomics deals with aggregate demand and supply essential to gross domestic product and gross national product of a country. In fully understanding the crucial role of macroeconomics in an economic system, the course incorporates fiscal policy, monetary policy, unemployment, full-employment target, inflation, deflation, interest rate, the Philip curve and J-Curve. It provides a deep insight into macroeconomics fundamentals and stability, by analyzing LM Curve and IS Curve, especially its influences on an economy. Adding to that, the course explores a root cause of economic crisis, and importance of international trade in the stimulation of domestic economic performance. Finally, the course provides an analysis into GDP, GNP and economic growth as well as mechanisms of national income or national wealth redistribution.

MGT 550        Total Quality Management

Quality management is essential to any business and enterprise. This course, following the path of top quality achievement, seeks to explore a process of quality control in production, a concept of total quality management (TQM) with a focus on its practical aspects, Six Sigma-based quality, ISO quality format as well as a quality system. It will enable students to well assimilate quality control, quality as a top priority in business and production and its value as a long-term foundation for competition. The case studies on Japanese-style quality management and on major enterprises, i.e. Philips, Nokia, Motorola, Intel, Toyota automobiles and Ford automobiles are provided to motivate students to discuss the outcomes of adherence to the principles of quality from corporation to corporation, respectively.

BUS 560         Global Businesses Strategy

The course focuses on the development of skills to understand the issues that managers face in operating in international markets and supply chains. Students will develop an understanding of the conceptual frameworks that clarify the relationships between policies and domestic and global strategies. They will also have the opportunity as a team project to develop a proposal that focuses on a key strategic decision facing senior management involved in entering an overseas market for the first time; or expanding existing operations into a new foreign market as part of a corporate strategy. They will develop an understanding of the constraints and advantages in developing a new overseas market and managing existing offshore operations with new challenges. This course analyses how multinational firms leverage their capabilities and competencies to create competitive advantages in international and global markets. Topics include assessing foreign markets attractiveness; understanding the impact of differences in legal, socio-cultural, political, technological and economic regimes, evaluating international political and economic risks, building and operating global networks, including entry mode choice, understanding how managers design organizational architecture and implement internal control and incentive mechanisms; and assessing the challenges of global citizenship, ethical behavior and corporate social responsibility for international business.

MKT 565        Marketing Research and Business Planning 

This course concerns the use of marketing research as an aid for making the marketing decisions. It specifically addresses how the information used to make the marketing decisions is gathered and analyzed. Accordingly, this course is appropriate for both prospective users of research results and prospective marketing researchers. Case studies on marketing research through surveys and questionnaires are conducted to enhance students’ knowledge in the practical aspect of marketing.

MGT 567        Training and Development

This course addresses the issue of human resource development. It discusses different methods of training from formal to informal approaches, knowledge accumulation, capacity building, skill development, and R & D, seminar, and interview and performance appraisal. Case studies on training for development further the details of the need for training, retraining, restructuring of an organization and the human resource development for an entire organization to adapt to a changing environment of society and economy from market to consumption and supply. By the end of this course, the students are able to gain full insight into ways in establishing competitive edge and market niche of an organization through ongoing training and development efforts and realization of a particular organization.

MGT 570        Negotiations and Conflict Resolution

This interdisciplinary course examines various formal and informal methods of conflict resolution, which are often used in business, law, diplomacy, politics, and in everyday life. The course also focuses on developing effective strategies and techniques in negotiation for reaching different agreements. It emphasizes economic, cultural, psychological, and ethical areas essential to conflict resolution and negotiation.  The course compares and contrasts the traditional methods and styles of conflict resolution used in Cambodian society with the methods and styles commonly used in Western countries.

BUS 570         International Trade Law

This course introduces the legal framework, policies and jurisprudence of the World Trade Organization (WTO). It is designed to give students an overview of the regulation of trade in goods, services and intellectual property that is necessary for international legal practice, as well as provide the policy analysis that will equip students to better understand the trade dimensions of international legal disputes, the relationship between international and domestic law, bilateralism versus multilateralism, the WTO dispute resolution system, nondiscrimination obligations in international trade, regional trade agreements, the relation between WTO obligations and domestic regulations and controversies. 

FIN 574          Financial Markets

The course is to assist students to be acquainted with a financial market condition and structure. The knowledge in the field enables them to be active participants in the financial market of Cambodia. Importantly, the course incorporates the international capital market playing a vital role in long-term financing for business firms/corporations, money market, product market, factor market and stock market as a lever for the corporation establishment and activation in the context of Cambodia. It also focuses on a weight of foreign exchange, commodity exchange and various hedging strategies available in international capital markets and stock exchange. Empirical studies enhance an understanding of comparative domestic capital markets and the practice of international capital market operations and stock.

MGT 580        Human Behaviors in Organizations

The course analyses employees’ behavior at workplace. It thoroughly examines relationship among employees, employers, customers, stakeholders and end users within and outside the organization. The course specifically elaborates themes on staff performance, motivation theories, socialization, interpersonal communication, organizational objective setting, working environments, team building and allocation of resources. Case studies about certain organizations will be introduced to discuss in detail the behavior of personnel, staff, employer and customers necessary for the effectiveness of an organization. The course members, in the end, are able to develop self-motivation from intrinsic and extrinsic factors to promote efficiency and effectiveness of an organization as their future career or one of their professions. They better understand an organization from structure to the outcome so that communication flows are decentralized. 

ENTR 596      Comprehensive Examination

                        Complete two courses prior to written and oral comprehensive exams

ENTR 597      Project Report

This course is designed for students to complete MBA in Entrepreneurship and Innovation by Project Report. The students take this graduation path, they are required to successfully complete all the required courses for 42 credits and project report for 6 credits totaling 48 credits. Prior to the project report writing, students are required to complete the required courses for 36 credits (18 foundation courses + 6 basic courses + 12 core courses).

ENTR 598      Thesis

This course is designed for students to complete MBA in Entrepreneurship and Innovation by Thesis. The students take this graduation path, they are required to successfully complete all the required courses for 36 credits and thesis for 12 credits totaling 48 credits. Prior to the thesis writing, students are required to complete the required courses for 36 credits (18 foundation courses + 6 basic courses + 12 core courses).

 

Type:              

Higher Education

Faculty:          

Graduate Studies in Management and Economics

Department:   

Entrepreneurship

Degree:           

Master of Arts

Major:             

Entrepreneurship and Innovation

Duration:        

2 years