BSc International Business, Finance and Economics with Industrial/Professional Experience / Course details

Year of entry: 2020

Course unit details:
Financial and Digital Innovations in International Business

Unit code BMAN10931
Credit rating 20
Unit level Level 1
Teaching period(s) Semester 1
Offered by Alliance Manchester Business School
Available as a free choice unit? No

Overview

1.       Course introduction - themes of stability and change

2.       Perspectives on international business: Globalisation in the New Economy.

3.       The technology of money

4.       A Financialised global economy: Banks, Actors and Agency

5.       The Digital Economy: Business models and the value of flows

6.       Reading Week

7.       Bubbles, speculation & crisis

8.       Intangibility, relocating, offshoring & outsourcing

9.       QE and unconventional central bank policies

10.    Regulation & control: Old news and fake news

11.    Conclusion: Locating the individual in contemporary business

Pre/co-requisites

Core for IBFE.

Pre-requisites: N/A

Co-requisites: N/A

Dependent courses: N/A

Core for IBFE.

Aims

The aim of this course is to introduce students to basic financial and digital innovations in international business.

To do this we demonstrate

1. The growth and development of new financial actors, new financial products/assets.

2. The development of global economic and organizational forms as a consequence of digital technologies.

3. The close alignment of financial and digital agents in contemporary business

We aim to get students to discuss the implications of these innovations and to examine the degree of fit between theories of economic change and actual case studies of corporate innovations in a global context.

Learning outcomes

On completion of this course successful students will be able to:

•       Understand financial and digital innovations, what they are ,what they do, and the context within which they were able to extend their presence in International  Business

•       Describe different financial & digital innovations and their outcomes over time.

•       Critically assess competing theories of global economic change.

•       Carry out independent research and critical analysis.

Teaching and learning methods

Methods of delivery:
Lecture hours: 22

Posted video material in support of essay workshop: 1

Essay Workshop, Flipped Classroom: 2 (includes 1 hour of posted video material in preparation for the workshop
Seminar hours: 6
Private study:160

Drop-In-clinics – Open office hours for students to visit the programme coordinator at set times each week. 10

Total study hours: 200 hours split between lectures, classes, self study and preparation for classes, coursework and examinations.

Blackboard will be used for lecture slides, workshop questions and solution, plus discussion

Additional information, including news sources, blogs, YouTube clips, and such like will also be posted, where relevant

Informal Contact Methods
1. Office Hours
2. Drop in Surgeries (extra help sessions for students on material they may be struggling with)- When needed.

Assessment methods

1 x 3000 word case study of a contemporary news story concerning financial and/or digital innovations1x 60min Multiple Choice Examination




 

Feedback methods

- Informal advice and discussion during a lecture, seminar, workshop or lab.

- Responses to student emails and questions from a member of staff including feedback provided to a group via an online discussion forum.

- Specific course related feedback sessions.

- Written and/or verbal comments on assessed or non-assessed coursework.

- Generic feedback posted on Blackboard regarding overall examination performance.

Recommended reading

Core Text

Coggan, P. (2009) The Money Machine: How the City works, revised and updated edition, Penguin books

Supplementary Text

Shiller, R. (2012) Finance and the Good Society, Princeton University Press

Webster F (2006) Theories of the Information Society, third edition, Routledge, London.

Ritzer G and Dean P. (2012) Globalization a basic text. Wiley and Sons Chichester.



 

Study hours

Scheduled activity hours
Lectures 22
Practical classes & workshops 2
Seminars 8
Independent study hours
Independent study 170

Teaching staff

Staff member Role
Paul Evans Unit coordinator

Additional notes

Pre-requisites: N/A
Co-requisites: N/A
Dependent courses: N/A

Programme Restrictions: available to 1st year IBFE students only

Timetable
https://ughandbook.portals.mbs.ac.uk/Myprogramme/Teachingtimetables.aspx

For Academic Year 2019/20

Updated: May 2019

Approved by: May UG Committee

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