Module ECON40K15: International Study Tour

Department: Economics

ECON40K15: International Study Tour

Prerequisites

• None

Corequisites

• None

Excluded Combination of Modules

• None

Aims

• To provide an opportunity for students:
• to visit leading international companies and to appreciate the different facets of the financial products and services they offer as well as their organisational system along with its culture, strategy, finance, along with its ability to innovate and create value.
• to either create a single detailed case study or conduct a comparative analysis of two organisations, based on desk research prior to the tour and primary research conducted during the tour.
• to enhance their employability through exposure to leading international companies.
• to gain insights into the skills required for different job roles and appreciate the working environments in different sectors of the financial industry.

Content

• Pre-tour preparation:
• In groups, students will research a selected company in general terms, in terms of a strategic analysis, and on its area of focus (e.g. products and services, strategy, innovation) to be confirmed prior to the tour.
• Students will make three formative group presentations, based on their group’s desk-research (e.g. published case studies, as well as articles in leading periodicals and other publications, such as the FT).
• Students will submit a research plan to the organisers about the way they will gather primary data from their participant organisations.
• During the tour:
• The tour will comprise six half-day visits to each of the participating organisations, spread across a full working week, with one day set aside for group work.
• During each visit, as well as the corporate presentations, the groups will have time to conduct primary research, in the form of interviews with the company representatives, as well as observation and document analysis, to refine their understanding of their chosen aspect of the products and services as well as the organisational system in their chosen organisation.
• Post-tour report delivery:
• After the Tour, students will submit their individual summative assignment comprising their own final analysis, either of a single organisation or comparing two organisations (2,500 words).
• There will be a final de-briefing seminar.

Learning Outcomes

• By the end of the module, students will be able to demonstrate a critical understanding of:
• the methods for identifying and presenting organisations' essential business model (history, structure, products and services, markets, current performance, and opportunities for scale.)
• the methods for identifying and analysing how the organisations design their policies and conduct their operations.
• how to critically analyse these development of policies, and how they impact on operational performance and employee well-being.
• theories and analytical frameworks for the understanding of business practices in a real organisation.
• the benefits and limitations of primary research, especially using detailed case studies.

• Ability to recognise differences in approaches to specific aspects of organisational systems.
• Ability to work in teams and contribute to collaborative efforts in the research, development, and presentation of a report.
• Interpersonal awareness, sensitivity, and ability to work across cultural boundaries.
• Ability to conduct desk research and primary research associated with case studies.
• The ability to choose and apply effectively methods for identifying and presenting the host organisation’s essential business model (history, structure, products and services, markets, current performance, and opportunities for scale.
• The ability to identify and analyse how the host organisations design their policies and conduct their operations.
• The ability to critically analyse how these policies originated, and their impact on operational performance and employee well-being in the host organisations.

• Written communication; planning, organising and time management; problem solving and analysis; interpretation of data; computer literacy; interpersonal skills.

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

• The summative individual written assignment is designed to test the students’ theoretical understanding of their chosen topic, and their ability to apply analytical approaches to contemporary settings.
• The main learning activity takes place during the tour, and there will be no formal lectures. Instead, there will be three seminars during Term 2. The first two seminars will acquaint students with the case study methodology and prepare them for their formative group presentations. In the third seminar students will be given formative feedback and agree with the instructor upon a viable approach to the primary research to be undertaken on the tour.
• On the tour itself, the participating organisations will have been briefed and agreed on the overall theme of the visit. Business leaders will submit to questioning and other forms of primary research by students. The groups will assess the responses to their questions. Free time during the tour will be used to consolidate knowledge, and/or to prepare for visits to the host organisations.
• The post-tour de-brief will be an opportunity for the students to refine their analysis and prepare the final version of their summative assignment.

Teaching Methods and Learning Hours

Summative Assessment

Formative Assessment:

Feedback will be provided on group presentations during the preparatory seminars, as well as during the tour. Students will receive formative feedback in verbal and written form on a group level.

■ 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