Strategic Management (MSB108)

To achieve sustainable competitive advantage in a complex and dynamic business environment, organizations need to develop and execute strategies. The course offers a blend of classic strategy concepts and their application across new and existing business models. It describes a typology of business models and provides an understanding of the role of strategy as it applies to existing and emerging businesses. Since there is no one-to-one correspondence between strategy concepts and business models, the students will get exposure to strategy theory and its application in classic and novel types of businesses. The course relies on simulation and case applications from a variety of industries.


Course description for study year 2024-2025. Please note that changes may occur.

Facts

Course code

MSB108

Version

1

Credits (ECTS)

10

Semester tution start

Autumn

Number of semesters

1

Exam semester

Autumn

Language of instruction

English

Content

The course offers a blend of classic strategy concepts and their application across new and existing business models, and relies on simulation and case applications from a variety of industries.

Learning outcome

Knowledge

Upon completion of the course, students will have knowledge of:

  • Fundamental strategy concepts and assumptions
  • How strategy concepts are applied across new and existing business models
  • Frameworks and analytical methods that organizations rely on to make strategic decisions

Skills

After completion of this course, students will be able to:

  • Explain fundamental strategy concepts and their underlying assumptions
  • Use strategy concepts to solve business cases in collaboration with others
  • Discuss how frameworks and analytical methods are used to make strategic decisions

Required prerequisite knowledge

None

Exam

Class participation, Written assignments/portfolio and Final exam

Form of assessment Weight Duration Marks Aid
Class participation 2/10 Letter grades All
Portfolio 3/10 1 Semesters Letter grades All
Final exam 5/10 4 Hours Letter grades None permitted

Class participationTo a large extent, the value of this course will depend on the student’s level of preparation and participation in class discussions. If students have a legitimate excuse for not participating in a particular session, it is the student’s responsibility to let the instructor know as soon as possible and to get notes from a classmate.If students experience any problem(s) with the class or any of their classmates, the students should report any problem(s) that they are not able to resolve themselves to the instructor as soon as possible.In this course, class attendance is expected. Thus, unexcused absences will affect the ability to pass the course.In this course, class participation is graded. Thus, unexcused absences will affect the ability to pass the course.PortfolioStudents will be required to submit a portfolio of mandatory work in groups.Final examThe final exam will cover the readings, lectures, and written assignments. Re-sit exam. To take the final exam, students must pass the class participation and the written portfolio requirements. You may also be asked to submit an assessment of your class participation and a peer evaluation. All parts of the evaluation must be passed to get a grade in the course. Students failing the portfolio evaluation will be given the opportunity to take a deferred exam. This exam will take the form of new written individual assignments.

Coursework requirements

Class participation, Written portfolio requirements

Course teacher(s)

Course coordinator:

Kenneth Henning Wathne

Course teacher:

Kenneth Henning Wathne

Study Program Director:

Yuko Onozaka

Method of work

The class meets regularly throughout the semester, and a set of required readings are assigned for each meeting. Students are expected to thoroughly read and analyze all the required readings prior to each meeting. Readings may be added to the list.

Overlapping courses

Course Reduction (SP)
Strategy and Business Models (MØA108_1) 10

Open for

Admission to Single Courses at UiS Business School
Master of Science in Accounting and Auditing Business Administration - Master of Science
Exchange programmes at UIS Business School

Course assessment

There must be an early dialogue between the course supervisor, the student union representative and the students. The purpose is feedback from the students for changes and adjustments in the course for the current semester.In addition, a digital subject evaluation must be carried out at least every three years. Its purpose is to gather the students experiences with the course.

Literature

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