Module ECON46815: ISLAMIC MANAGEMENT

Department: Business School (Economics and Finance)

ECON46815: ISLAMIC MANAGEMENT

Prerequisites

• None

Corequisites

• None

Excluded Combination of Modules

• None

Aims

• To explore, at an advanced level, the impact of cultural variations on management issues to rationalise Islamic management, with particular emphasis on the Islamic principles of management and organisational behaviour in general, and motivation and leadership in Islam.
• To advance students’ understanding of Islamic management principles and its articulation in various managerial principles.
• To explore, at an advanced level, corporate and Shari’ah governance in Islamic moral economy as well as Islamic corporate social responsibility as part of organisational behaviour.
• To advance students’ understanding of the impact of cultural variations on Islamic management functions and enterpreneurship.

Content

• Defining Management: Evolution and Historical Outline
• Managing in Different Cultures: Cross-Cultural Management
• Principles of Management in Islam
• Islamic Perspectives of Motivation
• Leadership Theories and Islamic Leadership
• Islamic Corporate and Shari’ah Governance
• Islamic Corporate Social Responsibility
• Islamic Management Styles and Entrepreneurship
• Halal Markets/Islamic Management and Branding

Learning Outcomes

• On completion of this module, students should:
• Have a detailed knowledge of key issues and theories associated with Islamic management principles and styles;
• Have a critical appreciation of management-related issues within a religiously and culturally constructed, i.e. Islamic, context.

• On completion of this module, students should be able to:
• Recognise and analyse the impact of cultural differences, and particularly the impact of Islamic religious and cultural tradition, on managerial functions, organisational behaviour and motivation;
• Use their understanding of cross-cultural and Islamic constructs to develop a comprehensive and integrated approach to complex management issues.

• Cognitive skills of critical thinking, analysis and synthesis; 
• Self-awareness, openness and sensitivity to diversity in terms of people, cultures, business and management issues;
• Effective written communication skills;
• Skills of independent learning within a defined framework of study at an advanced level;
• The ability to seek out and use relevant data sources, including electronic and bibliographic sources.

Modes of Teaching, Learning and Assessment and how these contribute to the learning outcomes of the module

• Lectures convey the subject-specific knowledge and provide students with an opportunity to learn new concepts, principles and philosophies.
• Seminars enable students to consolidate, extend and apply this knowledge through exchanging views and ideas, thus developing their subject-specific skills and key skills.
• Assessment is through a summative essay on a specific topic and a 90-minute written exam. The essay tests students’ knowledge and understanding of the subject matter, and their skills of critical thinking and synthesis. The exam tests students’ depth of understanding and their analytical skills.

Teaching Methods and Learning Hours

Summative Assessment

Formative Assessment:

Essay 1,500 words. Students will receive individual written feedback.

■ Attendance at all activities marked with this symbol will be monitored. Students who fail to attend these activities, or to complete the summative or formative assessment specified above, will be subject to the procedures defined in the University's General Regulation V, and may be required to leave the University