azerbaijan state oil and industry university ... -...

AZERBAIJAN STATE OIL AND INDUSTRY UNIVERSITY BA PROGRAMS/ MSc

SYLLABUS

Course unit title ACCOUNTING AND CORPORATE FINANCE

Course unit code ACCT 1101

Type of course unit Compulsory

Level of course unit Second cycle / Master

Year of study 1st year

Semester/trimester when the course unit is delivered

1st semester

Number of ECTS credits allocated

6

Name of lecturer Ilham Eminbayli

Class information

Location: Rooms: TBA Time: Thursday Contact: [email protected] Office hours : Upon appointment

Mode of delivery Face-to-face

Prerequisites and co-requisites

Recommended optional program components

–

Recommended or required readings

Textbook : 1. Eugene F. Brigham, Michael C. Ehrhardt: “Corporate Financial

Management”, 14th Edition, South –Western Cengage Learning, 2017 Optional readings: 2. Brealey R.A., Myers S.C., Marcus, A.J.: “Fundamentals of Corporate

Finance”, 7th Edition, McGraw-Hill, 2012 3. Stephen A. Ross, R.W. Westerfield, J. Jaffe: “Corporate Finance”,

McGraw-Hill Education; 11th Edition, 2015 1. Peter Atrill: "Financial Management for Decision Makers", Pearson United

Kingdom, 7th Edition ,2014 2. Horngren Sundem Elliott Philbrick “Introduction to Financial Accounting”,

Pearson Education Limited 10th Edition ,2012

3. Berk, DeMarzo, Harford: “Fundamentals of Corporate Finance”, 2nd Edition, Stanford University ,2012

Course contents

Unit Topic Content

Reference to textbook and

chapter(s)

mailto:[email protected]

1 Introduction to Accounting and Corporate Finance

a. Financial Management. b. The Goals of the

Corporation. c. Business Ethics.

[1] Ch 1 pp. 48

2

Financial Statements: Balance Sheet, Cash Flow Statement, Income Statements

a. Financial Statements and

Reports. b. The Balance Sheet. c. The Cash Flow and Income

Statements. d. Depreciation.

[1] Ch 2 Problem 2-14, Problem 2-15, Case pg. 90

3

Analysis of Financial Statements I Simulation of Analysis of Financial Statements

a. Ratio Analysis. b. Liquidity Ratios. c. Asset and Debt

Management Ratios. d. Profitability Ratios. (Review spreadsheet solutions on Ratio Analysis I)

[1] Ch 3 Problem 3-11, Problem 3-12, Problem 3-13, Problem 3-14, Case pg. 127

4

Analysis of Financial Statements II Simulation of Analysis of Financial Statements (cont.)

a. Trend Analysis. b. Tying the Ratios Together:

The Du-Pont Chart. c. Comparing Ratios. d. Limitations of Ratio

Analysis. (Review spreadsheet solutions on Ratio Analysis II: Du-Pont Chart)

[1] Ch 3 Problem 3-11, Problem 3-12, Problem 3-13, Problem 3-14, Case pg. 127

5

Time Value of Money Concept Simulation of project assessment (Quiz I, chapters 1, 2, 3)

a) Time Lines. b) Future and Present Value. c) Fractional Time Periods. d) NPV, PI, IRR, ROI (Spreadsheet tasks on: NPV, IRR, ROI)

[1] Ch 4 Problem 4-1, Problem 4-2, Problem 4-3, Problem 4-12, Problem 4-13, Problem 4-14, Problem 4-17, Case pg. 185

6

Securities and Their

a. Bond Markets and Bond Valuation.

[1]

Valuation: Bonds and Stocks

b. Risk on a Bond.

c. Types of Stocks. d. Stock Valuation.

Ch 5 Problem 5-1, Problem 5-7, Problem 5-8 Case pg. 230 , Chapter 7 Problem 7-1, Problem 7-10, Problem 7-14, Case pg. 322

7

Risk and Return Simulation of Risk and Return assessment

a. CAPM (Capital Asset

Pricing Model). b. Volatility vs. Risk. Review spreadsheet solutions on: A) Risk and Return; B) Regression Models; C) CAPM

[1] Ch 6 Problem 6-1, Problem 6-2, Problem 6-3, Problem 6-4,

Case pg. 284

8

Midterm Exam

9

Fundamental Concepts: Risk and Return (Quiz II, chapters 4, 5, 7)

a. Investment Returns. b. Portfolio Risk. c. The Relationship between

Risk and Return.


Case pg. 284

10

Strategic Investment Decisions: The Cost of Capital Simulation of WACC calculation and Project Risk assessment

a. The Weighted Average Cost of Capital (WACC).

b. Factors Affecting WACC. c. Estimating Project Risk

Using WACC. Review spreadsheet solutions on: A) Bond and Stocks Valuation; B) Applying WACC in various


Case pg. 394

businesses

11

Risk Analysis and Real Options

a. Project Risk Analysis. b. Introduction to Real

Options. c. Decision Trees. d. The Optimal Capital Budget

.

[1] Ch 10 Problem 10-1, Problem 10-2, Problem 10-3, Problem 10-4, Problem 10-6, Problem 10-7, Case pg. 432

12

Special Topics: Derivatives and Risk Management Simulation of The Black-Scholes Option Pricing Model

a. Derivatives and Options. b. The Black-Scholes Option

Pricing Model (hoadley.net/options/bs.htm).

c. How Derivatives are used to reduce the Risk.

Review spreadsheet models on: A) Risk Analysis; B) Alternative Projects Estimation; C) Applying Decision Trees; D) Black-Scholes Model; E) Hedging the Risk.


Case pg. 942

13

Bankruptcy, Reorganization, and Liquidation (Quiz III, chapters 6, 9, 10, 23)

a. Financial Distress. b. Bankruptcy Estimation. c. Motivations for Bankruptcy. Brief review of spreadsheet tasks on Bankruptcy Estimation.

[1] Ch 24 Problem 24-1, Problem 24-2,

Case pg. 972

14

Multinational Financial Management Simulation of using PPP

a. Global Corporations. b. Exchange Rates. c. The International Monetary

System. d. Trading in Foreign

Exchange (FX). e. Purchasing Power Parity

(PPP).

[6] Ch 23

Team Presentations

Review spreadsheet models on: A) Instruments of Technical Analysis on Foreign Exchange Markets (BB, RSI, MACD); B) Applying of PPP.

15

cont’d Multinational Financial Management

a) Inflation, Interest Rates, and

Exchange Rates. b) International Money and

Capital Markets. Gathering of distributed assignments/presentations.

[1] Ch 3

Team Presentations

16 Final exam

Planned learning activities and teaching methods

Lectures, class discussions, task solutions, assignments, quizzes and exams

Language of instruction

English

Work placement(s) –

Accounting and Corporate Finance ECTS allocated based on Student Workload

Activities Number Duration

(hour) Total

Workload(hour)

Course duration in class (including Exam weeks) 15 3 45

Labs and Tutorials

Assignment - -

Project/Presentation/Report 5 4 20

E-learning activities - - -

Quizzes 3 2 6

Midterm Examination 1 3 3

Final Examination 1 3 3

Self Study 14 7 112

Total Workload 189

Total Workload/30(h) 6,3

ECTS Credit of the Course 6

AZERBAIJAN STATE OIL AND INDUSTRY UNIVERSITY

BA PROGRAMS/ MSc SYLLABUS

Course unit title Economics Course unit code ECON 1101


Level of course unit Second Cycle Master

Year of study First year

Semester when the course

unit is delivered 1st Semester

Number of ECTS credits

allocated

6

Name of lecturer Emil Gasimzade Class information

Location:

Time:

Contact: [email protected]

Office hours: upon appointment

Learning outcomes of the

course unit

Course Description

The course illustrates the way in which economists view the world. You

will learn about basic tools of micro- and macroeconomic analysis and, by

applying them, you will understand the behavior of households, firms and

government. Problems include: trade and specialization; the operation of

markets; industrial structure and economic welfare; the determination of

aggregate output and price level; fiscal and monetary policy and foreign

exchange rates. The purpose of this course is to introduce you to a new way

of looking at the world. The course focuses on core economic concepts and

provides opportunities to practice using them in contexts like you will

encounter throughout your lives. It also introduces you to some basic

models that economists use to make sense of what they observe around

them. We will also explore how economists analyze the impact of different

policies within the context of these models and determine whether the

policy will have the intended – or an unintended – outcome. Foremost, the

goal of the course is to help you think like an economist in ways that will

help you make better decisions.

Learning Outcomes of the Course:

o Develop the ability to explain core economic terms, concepts, and theories.

o Demonstrate the ability to employ the “economic way of thinking.” o Demonstrate awareness of global, historical, and institutional

forces.

o Apply economic theories and concepts to contemporary social issues, as well as formulation and analysis of policy.

o Recognize the role of ethical values in economic decisions. o Apply both oral and written communication skills within the

discipline.

o Demonstrate quantitative reasoning skills.


o Demonstrate the ability to collect, process, and interpret data, including statistical inference.

o Demonstrate computer proficiency within economics. o Be able to use critical thinking skills within the discipline of

economics about economic matters.

Mode of delivery (face-to-

face, distance learning)

Face-to-face

Prerequisites and co-

requisites NONE

Recommended optional

programme components NONE

Recommended or required

reading

Textbook:

Cowen, Tyler and Alex Tabarrok. Modern Principles of Economics, 3rd

edition, Worth Publishers, 2015

I strongly encourage you to read a newspaper such as The Wall Street Journal

or Financial Times on a daily basis. The Economist, a weekly publication, is

also highly recommended.

Additional information will be distributed either electronically or delivered in

printed forms.

Planned learning activities

and teaching methods Classroom lecturing, assignment, discussion sessions, presentation.

Language of instruction English

Work placement(s) NA

Course contents:

1. Introduction to ECON 1101; The Economic Way of Thinking; Comparative Advantage and Trade

Classroom exercise: Kiyotaki Wright Hazlett Experiment

[1] Ch 1,2

2. Supply and Demand; Market System Classroom exercise: The guessing game

[1] Ch 3,4

3. Price Elasticities Classroom exercise: The Handshake Market

[1] Ch 5

4. Market Outcomes in the Presence of Taxes, Subsidies, and Price Controls

Classroom exercise: Price discrimination

[1] Ch 6-8

5. Market Outcomes and Policy Suggestions in the Presence of Externalities, Public Goods and Common Resources

Classroom exercise: Quiz

[1] Ch 10-19

6. Intro to Macroeconomics; Measuring Economic Output

Classroom exercise: The Island Game

[1] Ch 26

7. Economic Growth and Public Policy

Classroom exercise: Economic Growth Problems

[1] Ch 27,28

8. Midterm Exam

9. Savings, Investment, and the Financial System Classroom exercise: Warren Buffett

[1] Ch 29

10. Unemployment Classroom exercise: Unemployment problems

[1] Ch 30

11. Inflation and the Quantity Theory of Money

Classroom exercise: Bank runs

[1] Ch 31

12. A Model of the Macroeconomy: Aggregate Demand and Aggregate Supply

Classroom exercise: Using Infographics to Visualize Macroeconomic Data

[1] Ch 32

13. Monetary Policy and Fiscal Policy Classroom exercise: Central Bank and Budget analysis

[1] Ch 34-37

14. Firm Level Decisions under Perfect Competition

Classroom exercise: Price competition

[1] Ch 11

15. Monopoly: Firm Level Decisions and Policy Suggestions under Imperfect Competition

Classroom exercise: Bertrand Competition

[1] Ch 13

16. FINAL EXAM

Workload


(hour)

Total Workload

(hour)

Course duration in class 14 3 42

Preparation for Midterm Exam 1 15 15

Individual or Group Work 14 5 70

Midterm Exam 1 3 3

Paper/Project (including preparation

and presentation) 2 8 16

Homework 4 5 20

Preparation for the Final Exam 1 15 15

Final Exam 1 3 3

Total Workload 186

Total Workload/30(h) 6.03


AZERBAIJAN STATE OIL AND INDUSTRY

UNIVERSITY

BA PROGRAMS/ MSC SYLLABUS

General management - Personality Course unit title General management – personality Course unit code MGT2301

Type of course unit Elective

Level of course unit 2nd cycle Master program Year of study 1-2 year


unit is delivered 2nd-4th Semester


allocated

7

Name of lecturer Habiba Hajiyeva

Class information

Time: Friday




course unit

Course Description

The course covers the theory and practices of strategic planning and

management for business organizations. The course is integrative and

interdisciplinary. We will integrate the skills and knowledge from your

business core courses. This includes, but is not limited to, finance,

accounting, marketing, economics and human resources. The course will

enable you to develop a framework of analysis for all areas of strategic

management, including creating a competitive edge. The class meetings

will generally include lecture, discussion, case analysis, instructive videos,

consultation, group meetings, and group presentations. The course

objectives also include stimulating creativity in business solutions and

strategies, responsibility, team building and leadership skills.


After completing the course students should be able to:

Summarize strategy of an organization in a “strategy statement”

Distinguish between corporate, business and functional strategies

Understand different people’s roles in strategy work

Appreciate the importance of different organizational contexts, academic disciplines and theoretical lenses to practical strategy analysis.



requisites MGT1203


programme components Excel, Power point.

Recommended or required Textbook:.

reading

Gerry Johnson, Richard Whittington, Kevan Scholes, Duncan Angwin, Patrick Regner. “Exploring strategy” text and cases. Pearson education limited 2017


printed forms.





Course contents:

1. Introducing Strategy

Strategy statement

Corporate, business and functional strategies

Different people’s roles in strategy work

[1]

Cp 1

2. Macro-environment (External) analysis

Analyzing an organization’s position in the external environment

Environmental forecasting

Case study: PESTEL analysis

[1]

Cp 2

3. Internal-environment (industry and sector) analysis

Porter’s Competitive Five Forces Framework to analyze industries or sectors

Strategic groups, market segments and strategy canvas

Case study: Five forces analysis of advertising industry

[1]

Cp 3

4. Resources and capabilities (intellectual assets)

Relationship between strategy and resources

VRIO analysis of resources and capabilities Case study: Rocket Internet

[1]

Cp 4

5. Business level strategy and models

Assessing the benefits of cooperation in business strategy

Applying the game theory to business strategy Case study: the IKEA approach

[1]

Cp 7

6. Corporate level strategy and diversification

Alternative strategy options, including market penetration, product development,, market development and diversification.

Diversification drivers Vertical integration and outsourcing

Work assignments (individual and group)

[1]

Cp 8

7. International strategy

Internationalization drivers.

Four main types of international strategy Case study: China goes to Hollywood

[1]

Cp 9

8. Midterm Exam

9. Entrepreneurial strategy

Key issues in opportunity recognition

Entrepreneurial process and in various stages of growth

Case study: ROVIO entertainment

[1]

Cp 10

10. Strategic control and governance

Stakeholder analysis

Gapp analysis

Case study: ITV, DIY, buy or ally?

Lab: Drawing Gantt Chart diagram via Excel.

[1]

Cp 5,12

11. Organizing and strategy

Main organizational structural types

Key issues in designing organizational control systems

Case study: One Sony?

Lab: Drawing Project Network diagram via Excel.

[1]

Cp 14

12. Strategic leadership

Leadership styles

Types of strategic change Case study: Sergio Marchionne – motor of change

[1]

Cp 15

13. Strategy development processes

Deliberate and emergent strategy development

Managing strategy development processes in organizations

Case study: Alphabet – who and what drives the strategy?

[1]

Cp 13

14. The practice of strategy

Different approaches to strategizing activity

Key elements in various common strategy methodologies

Case study: Participative strategy process in the city of Vaasa

[1]

Cp 16

15. Group project presentations. Consultation.

16. FINAL EXAM

Course workload calculation


(hour)

Total Workload

(hour)




Midterm Exam 1 3 3


and presentation)

Homework 10 4 40


Final Exam 1 3 3

Total Workload 213



AZERBAIJAN STATE OIL AND INDUSTRY UNIVERSITY BA PROGRAMS/ MSc

SYLLABUS

Course unit title International Management

Course unit code MGT 1202


Level of course unit Second cycle Master

Year of study Second year

Semester when the course unit is delivered

3rd semester

Number of ECTS credits allocated 6

Name of lecturer Zulfugar Ibrahimli

Class information

Location:____ Room: _______ Time: _____________ Office hours: upon students’ appointment Contact: [email protected]

Learning outcomes of the course unit

Course description: The aim of International management course is to weapon students with necessary theoretical knowledge and practical tools, that will navigate them in solution of complex tasks in international business environment. The primary purpose of the course is to prepare students for careers in a dynamic global environment wherein they will be responsible for effective strategic, organizational, and interpersonal management. The course guides students as to what actions to take, and how to develop the skills necessary to design and implement global strategies, to conduct effective cross-national interactions, and to manage daily operations in foreign subsidiaries.

Learning Outcomes: After completing MGT 1202 Course, students should be able to: 1. Understand cultural context of global business operations; 2. Develop the knowledge and skills needed to manage effectively in different cultures; 3. Apply management concepts and techniques in a multinational environment; 4. Learn basic principles and frameworks of international strategies formulation 5. Enhance understanding of what determines the success and failure of companies around the globe.


Prerequisites and co-requisites -

Recommended optional programme components

-

Recommended or required reading

1. Fred L., Doh. J., International management: culture, strategy, and behavior, 8th edition, 2010;

2. Deresky H. International Management. Managing Across Borders and Cultures. Text and Cases. 8th edition, 2014;

3. Cullen J.B., Parboteeah K.P. International Business Strategy and the Multinational Company, 2012;

4. Fatehi K, Choi J. International Business Management Succeeding in a Culturally Diverse World, 2nd Edition,

2018;

5. Mead R., and Andrews T.G. International Management. Culture and Beyond, 4th, 2009;

6. Morschett D., Schramm-Klein H., Zentes J. Strategic International Management. Text and Cases, 3rd Edition,

2015;

7. The Oxford Handbook of International Business, Edited by Alan M. Rugman, and Thomas L. Brewer, 2005

Planned learning activities and teaching methods

Classroom lecturing, case analysis and discussions, presentations, teamwork reports

Language of instruction

English

Course contents:

1 Lecture: Introduction to International Management Case analysis and discussions

[1] Cp 1

2 Lecture: The Cultural Context of International Management Case analysis and discussions Case: Marketing to Hispanics in the United States

[1]

Cp 4

3 Lecture: Managing Across Cultures Case analysis and discussions

[1] Cp 5

4

Lecture: Cultural Diversity, Organizational Culture and Effective management Case analysis and discussions

[1] Cp 6

6 Lecture: Managing Cross-Cultural Communication Quiz! Case analysis and discussion

[1] Cp 7

7 Lecture: International Strategic Management: Formulation of Global and Regional Strategies Case analysis and discussions Case: Toyota as (Almost) Number One

[1]

Cp 8

8 Midterm Exam

9 Lecture: Entry Strategies and Organizational Structures Case analysis and discussions

[1] Cp 9

10 Lecture: Political Risk, Government Relations, and Strategic Alliances Case analysis and discussions

[1] Cp 10

11

Lecture: Global Human Resources Management Case analysis and discussions

[1] Cp 14

12 Lecture: Motivating Employees in a Multicultural Context Case analysis and discussions

[1] Cp 12

13 Lecture: Leadership Across Cultures Case analysis and discussions

[1] Cp 13

14 Lecture: Ethics, and Social Responsibility Case analysis and discussions Case: Plan A at Marks & Spencer

[1]

Cp 3

15 Report presentations

Final Exam

Student workload:


(hour) Total Workload

(hour)




Midterm Exam 1 3 3

Paper/Project (including preparation and presentation)

1 13 13

Homework 3 4 12

Quizzes 2 2 4


Final Exam 1 3 3

Total Workload 182




UNIVERSITY

BA PROGRAMS/ MSc (syllabus)

Course unit title LAW Course unit code LLB 1201


Level of course unit 2nd cycle master

Year of study First year


unit is delivered 2nd Semester


allocated

6

Name of lecturer Orkhan Hasanov

Class information

Location:

Time: Office hours upon appointment



course unit

Course Description

The course aims to:

- to prove an introduction to legal concepts and rules and the machinery

involved in their introduction, application and enforcement;

- Encourage candidates to explore and understand the substantive rules of law;

- Explore and critically assess the value of legal rules, processes and

institutions;

- Develop skills of communication, interpretation, reasoning and analysis.


A student who completes this course successfully acknowledges the rule

of law, by differentiating legal rules and social rules

Introduce students to the global (and Azerbaijan) public law order,

including the roles and powers of, and interactions between, the three

branches of government: executive, legislature, and judiciary

A student who fulfills all requirements of this course critically

conceptualizes the relationship between law and legal rules in terms of

jurisprudence by considering statutes and provisions, and with reference

to international agreements

Explore, analyze and practice using various approaches to statutory

interpretation;

Develop students’ legal research, analysis and writing skills through the

course assignments.


A student who completes this course successfully embeds legal systems

into both Common Law and Civil Law context by identifying rules and

principles in the context of history of law and practices. Mode of delivery Face-to-face


requisites NONE


programme components NONE


reading

Required: Textbook:

1. Phil Harris, “An Introduction to Law”, 7th edition, Cambridge University Press, (2007)

Recommended:

2. Joel Feinberg and Hyman Gross “Philosophy of Law”, 5th ed., eds., Wadsworth Publishing Company 1995;

3. George P. Fletcher, “Basic Concepts of Legal Thought”, Oxford University Press 1996.

4. Malcolm n. Shaw “International Law”, Cambridge University Press, sixth edition, QC, 2008

5. Mindy chen-wishart “Contract Law”, third edition, , Oxford University Press, 2010

6. Nicola de Luca “European Company Law” (Text, Cases and Materials), Cambridge University Press, 2017

7. Philip Weinberg “Understanding environmental Law”, third edition, LexisNexis Law School, 1995

Required - Reading: Other Reading materials around the subject will be

distributed by the instructor on a case-by-case basis.

The course material consists of powerpoint presentations, lecture notes and

readings from the textbook. Powerpoint presentations will be made available

after the respective classes have taken place.


printed forms.





Course contents:

1. Introduction - Definition of law - Purpose of law -

Sources of law - Civil law vs. Common law – General

description of law branches (inter (national) law)

[1]

Cp 1

pp 2-21

2. Business, Societal, and Ethical Contexts of Law

[1]

Cp 2

pp 21-60

3. Inter (national) human rights law

Cases:

CASE OF N.A. v. FINLAND (Application no. 25244/18)

[1]

Cp 4

Pp 90-109

https://www.buecher.de/ni/search/quick_search/q/cXVlcnk9Tmljb2xhK2RlK0x1Y2EmZmllbGQ9cGVyc29uZW4=/session/trfhni3c7mj3ubglrl6gr9v6a7/https://www.buecher.de/ni/search_search/quicksearch/q/cXVlcnk9Q2FtYnJpZGdlK1VuaXZlcnNpdHkrUHJlc3MmZmllbGQ9aGVyc3RlbGxlcg==/session/trfhni3c7mj3ubglrl6gr9v6a7/https://hudoc.echr.coe.int/eng#{"appno":["25244/18"]}

Hanrahan v. Merck Sharp and Dohme (Ireland) Ltd.

4. Legal and contractual obligations in the context of

Intergovernmental Oil and Gas Agreements (PSA, HGA)

Cases:

Marks and Spencer v BNP Paribas [2015] UKSC 72

Transocean v Providence [2016] EWCA Civ 372

Host Government Agreements

and relevant protocols will be

made available during the course

5. Laws of Contracts (Contracts - Freedom of contract)

Case:

Marks and Spencer v BNP Paribas [2015] UKSC 72

[4]

pp W1- W45)

6. Contract Law -continued

[4]

Cp 11

pp 349-386)

7. Constitutional law concepts (Secularism - Social state -

Rule of law - Separation of powers)

Cases: Williams v Commonwealth of Australia & Ors [2012] HCA 23 The Commonwealth v Australian Capital Territory [2013] HCA 55

[1]

Cp 12

pp 386-412

8. Midterm Exam

9. International Law

[3]

Cp 1&2

10. EU Law

[1]

Cp 8

pp 215-232

11. Business Law

[1]

Cp 3 pp 68-90

12. Corporate Governance – company law

Case:

KILLING v. UNITED STATES ( No. 08-1394 ) 2010

[5]

Cp 1,2

13. Environmental Law

[6]

pp 2-47

14. Torts and Products Liability - Consumer Protection –

statutory requirements adopted in this respect on both

global and local scale

[1]

Cp 9 pp 241-302

15. International Dispute Resolution

[1]

Cp 6

pp 150-185

16. FINAL EXAM

Workload


(hour)

Total Workload

(hour)




Midterm Exam 1 3 3



Homework 5 5 25


Final Exam 1 3 3

Total Workload 181




BA PROGRAMS/ Msc SYLLABUS

Course unit title MARKET ANALYSIS Course unit code MRKT 1101


Level of course unit 2nd cycle Master

Year of study 1 st year

Semester when the course unit is

delivered

Fall 2019


allocated

6

Name of lecturers Jeyhun Garayev

Class information

Location: Room: (Before the lesson we will tell it exactly)

Time: Monday

Office hours: upon students’ appointment


Course desciption

This class delivers the basic understanding of how to analyze the market and

effectively evaluate it. It will introduce the students with different theoretical and

practical tools to evaluate the economy, industry and financials of the specific

companies. Students will closely work with business case studies encompassing

wide range of subjects in the field of business analytics.

Learning outcomes of the course

unit

Upon completion of this course students will gain deep understanding of how to

analyze the market from economical and financial perspective and use this

information for better investment decision making.


Prerequisites and co-requisites None


programme components

• Using Excel for Business Analysis • Using PowerPoint for Business Analysis


reading

Textbook

1. 50Minutes.com “PESTLE Analysis: Prepare the Best Strategies in Advance”

by (2015-09-17) (1656)

2. 50Minutes.com “Porter's Five Forces: Understand competitive forces and stay

ahead of the competition” (September 17, 2015)

3. 50Minutes.com “The BCG Growth-Share Matrix: Theory and Applications:

The key to portfolio management” (September 2, 2015)

4.Tony Morden, “Principles of Strategic Management (Innovative Business

Textbooks)” Routledge,2016

5. Francisco Fortin, “Ansoff. Matrix Essentials” Product Lifecycle

Management: John Start, 21st Century Paradigm for Product Realization

(Decision Engineering). 2016

6.Mark Yarnell “Your First Year in Network Marketing”, CFA Level 1 Financial

Reporting Analysis materials. Schweser Notes. Chapter 25-27, 2017

7. Mark Yarnell “Your First Year in Network Marketing”, CFA Institute Level 2

Equity Investment. Industry and Company analysis Reading 33, 2016

8. ACCA P5 Advanced Management Accounting. Chapter 17, 2017

Planned learning activities and

teaching methods

Classroom lecturing, class discussions and brainstorming, class exercises and

assignments. During the course the students will have to present one assignment

(presentation), pass two quizzes, solve some case studies, pass the mid-term and

final exams.


Course contents:

Course content Literature

1

PESTLE analysis.

Course content: Using top down approach to analyze the general environment

within the specific country or region

[1] Ch 1.

[2] pp 30-35

2

SWOT analysis and Porter’s Five Forces. Course content: Using the tool to

understand the competitive environment and strength, weaknesses, opportunities

and threats of the firms in the industry.

[1] Ch 2.

[2] pp 37-43

3

BCG matrix, McKinsey 7S model, Strategy of the company.

Course content: Analysis of the strategy of the firms in the market. Which

strategic tools best fit firms in the specific industry. Theoretical background

presented and application of the model discussed.

[2] pp 48-54

[5] Ch 2.

[4] ch 4

4

GE McKinsey matrix.

Growth strategies: “Ansof Matrix”, Product life cycle.

Course content: In this class we will discuss main tool to analyze the product

portfolios of the firms existing in different industries.

[1] Ch 6.

[2] pp 56-65

5

Network market and market boundaries.

Course content: Analysis of the companies dwelling in network industries and

analysis of their products. What is market boundaries and how to firms should

respond to them?

[1] Ch 9.

[2] pp 56-65

6 Case study [8] pp 22

7

Financial statements: Basics

Course content: In this class we cover the basics of the financial statements,

namely balance sheet, profit and loss statement and cash flow statement

[1] Ch11.

[4] ch 2

8 MİDTERM EXAM

9

Financial modelling: Build up

Course content: In this class we cover how to project the financials of any firm

and how to make investment decision based on those figures

[1] Ch 12.

[4] ch 8

10

Ratio analysis

Course content: The class will be introduced with many different financial ratios

especially, activity, liquidity, solvency and profitability ratios and will develop the

models and understanding how to use them in projections.

[2] Ch 3.

11 Return concepts

[6] Ch 6.

[4] ch 5

Course content: The investment decision should be made on return notion. The

class will be introduced with the return concept and will cover main its varieties.

12

Free cash flow valuation of the firm

Course content: The class will cover understanding how to use one of the

valuation methods to make investment decision. Based on learning from previous

classes, during the lecture practical application will be undertaken

[1] Ch 9.

[5] Ch 9.

13

Investment considerations:

Dividend policy

Course content: While making investment decision investors analysis the dividend

policy of the firms as it s main source of income. The class will be introduced with

understanding how to analyze dividend policy of the firms which is publicly

available information.

[6] Ch 8.

[4] ch 11

14

Corporate failure, Corporate governance and code of ethics

Course content: Corporate governance, corporate failure and code of ethics are

quite important while making investment decision. The class will be introduced

with tools how to detect such firms not to make wrong investments.

[5] Ch 2.

Textbook 4. ch 2

15 Revision .

FINAL EXAM


(hour)

Total Workload

(hour)



Individual or Group Work

(case studies) 14 4 56

Midterm Exam 1 3 3



Homework (repeat previous classes

studies and learn reading list) 13 1 13


Final Exam 1 3 3

Total Workload 180

Total Workload/30(h) 6



UNIVERSITY

BA PROGRAMS SYLLABUS

Course unit title STATISTICAL BUSINESS ANALYSIS

Course unit code STAT 1101





unit is delivered

1st and 2nd semesters


allocated

6

Name of lecturers Rafig Aliyev

Kamala Aliyeva

Class information

Location: Room: 1,3

Time: Days of week

Contact: [email protected], [email protected]

Office hours: Upon appointment


course unit

Course Description

This course Statistics is the branch of mathematics that transforms data into useful

information for decision makers. These transformations often require complex

calculations that are practical only if done by computer, so using statistics usually

means also using computers. This is especially true when dealing with the large

volumes of data that a typical business collects. Attempting to do statistics, using

manual calculations for such data would be too time-consuming to benefit a

business.

In STAT 1101 you learn a set of methods and the conditions under which it is

appropriate for you to use those methods. And because so many statistical methods

are practical only when you use computers, learning statistics means learning more

about using computer programs that perform statistical analyses.


After completing the course, students should be able to:

* Present and describe business data and information properly

* Draw conclusions about large populations, using information collected from

samples

* Make reliable forecasts about a business activity

* Improve business processes



requisites

None



PHStat Program, Microsoft Excel.



reading

The Textbook ;

1. David M. Levine David F. Stephan. Timothy C. Krehbiel Mark L. Berenson:”STATISTICS FOR MANAGERS USING Microsoft Excel”.

Printed in USA.Copyright 2008, 2005, 2002, 1999, 1997 by Pearson Education, Inc.

Published by Prentice Hall,Upper Saddle River, New Jersey 07458

Option:

2. A.Webster. Richard D.Irwin, “Applied Statistics for Business and Economics” Richard D Irwin -1996

Course reading is composed of articles, laws as well as book chapters. Additional

information will be distributed either electronically or delivered in printed forms.


and teaching methods

Classroom lecturing, case study discussions and brainstorming, feedback and

presentation sessions, discussion sessions, Software commands for Excel


Course contents:

1 Introduction to the Course.

The meaning and role of Statistics. The Population and the Sample.

Types of Data. Types of Sample.

Descriptive and Inferential Statistics.

LAB: Constructions and graphing different type of categorical and numerical

Data. Generating a Bar, Pie Chart ,Line Graphs (Instructions-Software commands

for Excel )

Cp 1

Cp 2

[1]

2

Describing Sets of Measurement. Frequency Distribution.

Graphical methods.

Measures of Variability.

Lab. Constructions and graphing Relative and Cumulative Frequency Distribution

Generating Measures of Central tendency, Variation, and share Using Microsoft

Excel

Cp 2

Cp 3

[1]

3 Principles of Probability. The probability of an Event.

Probability Laws and their use.

Bays rule and conditional probability

Lab. Calculating Simple, Joint ,Compound, Conditional Probabilities using

Microsoft Excel

Cp 4

[1]

4

Probability Distributions and Interferences.

Probability Distributions.

The Probability Distribution for a Discrete Random Variable

Expected Value of a Discrete Random Variable

Variance and Standard Deviation of a Discrete Random Variable

Lab. Generating a Histograms of Binomial, Poisson, and Hypergeometric

Distributions. (Software commands for Excel)

Cp5

[1]

5

Principles of Normal Distribution.

Finding particular value associated with known probabilities.

Assessing the normal assumptions.

The Exponential Distribution.

Lab. Calculating Normal Probabilities using Microsoft Excel.

Generating Exponential Probabilities using Microsoft Excel.

Cp 6

[1]

6 Sampling Distributions. Inferential Statistics.

Sampling Distributions of the proportions.

Sampling from Finite Populations.

Cp 7

[1]

Lab. Simulating Sampling Distributions using Microsoft Excel

7 Confidence Interval Estimation. Confidence Interval Estimation for the Proportion

Determining Sample Size

Sample Size Determination for the Mean

Sample Size Determination for the Proportion

Calculating confidence interval estimation when σ is known and σ-is unknown.

Lab. Determining confidence interval estimation when σ is known and σ-is

unknown using Microsoft Excel (on p.429-440) .

Determining the sample size for estimating the mean using Microsoft Excel

Cp 8

[1]

8 MIDTERM EXAM

9 Inferences from Large Samples. Point Estimation.

Interval Estimation. Hypothesis Testing .

A connection between Confidence Interval estimation and hypothesis Testing.

Lab. Performing the t Test and z Test Hypothesis for the Mean when σ is known

and σ-is unknown using Microsoft Excel.

Cp 9

[1]

10 Inferences from small Samples.

Tests of two populations.

F Test for Differences in two variances.

Comparing Two related samples.

Lab. Performing the Pooled – Variance t test for Differences in two Means using

Microsoft Excel

Cp 9

[1]

11

Simple Regression and Correlation Analysis.

Linear Probabilistic Model.

The Method of Least Squares.

Coefficient of Correlation. Assumptions.

Lab. Calculating the simple linear regression coefficients using Microsoft Excel.

Generating Residual plots using Microsoft Excel.

Cp 10

[1]

12 Multiple Regression. Formulating a Multiple Regression Model.

Measuring the Goodness of Fit of a Model.

Lab. Calculating the coefficients of Partial Determination using Microsoft Excel.

Generating Transformations

Cp 11

[1]

13 Time Series Analysis.

Smoothing the Annual Time-series.

Least-squares Trend Fitting and Forecasting.

Lab. Calculating Moving average using Microsoft Excel.

Generating Time Series Forecasting of Monthly or Quarterly Data

Cp 11

[1]

14 Forecasting Models. The importance of business forecasting.

Least-squares Trend Fitting and Forecasting.

Calculating Mean Absolute Deviation (MAD).

Choosing appropriate forecasting models.

Lab. Performing Least-squares Trend Fitting using Microsoft Excel.

Cp 11

[1]

15 Decision Making. Calculating Opportunity loss. Criteria for Decision Making.

Decision Making with sample information.

Lab. Decision Analysis and Decision-Making using Microsoft Excel.

Cp 9

Cp 10

Cp 11

[1]

FINAL EXAM

Student workload


(hour)

Total Workload

(hour)




Midterm Exam 1 3 3

Paper/Project (including preparation and

presentation) 2 8 16

Homework 3 6 18


Final Exam 1 3 3

Total Workload 183




BA PROGRAMS

SYLLABUS

Course unit title INTRODUCTION TO NATURAL LANGUAGE PROCESSING

Course unit code NLP 3101



Year of study 1st-2nd years

Semester when the course unit is

delivered

3rd-4th semester

Number of ECTS credits allocated 7

Name of lecturer Rafig Aliyev, Latafat Gardashova

Class information

Location:

Time:



Learning outcomes of the course unit

Natural Language Processing (NLP) is the engineering art and science

of how to teach computers to understand human language. NLP is a type

of artificial intelligence technology, and it's now ubiquitous -- NLP lets

us talk to our phones, use the web to answer questions, map out

discussions in books and social media, and even translate between human

languages. Since language is rich, ambiguous, and very difficult for

computers to understand, these systems can sometimes seem like magic -

but these are engineering problems we can tackle with data, math, and

insights from linguistics.

This course will introduce NLP methods and applications including

probabilistic language models, machine translation, and parsing

algorithms for syntax and the deeper meaning of text. During the course,

students will:

(1) learn and derive mathematical models and algorithms for NLP;

(2) become familiar with key facts about human language that motivate

them, and help practitioners know what problems are possible to solve;

and

(3) complete a series of hands-on projects to implement, experiment with,

and improve NLP models, gaining practical skills for natural language

systems engineering.


Prerequisites and co-requisites None

Recommended optional programme

components

Recommended or required reading

Textbooks:

1. Jurafsky and Martin (JM), Speech and Language Processing, 2nd

edition, Kindle Edition (2014).

2. Manning and Schütze (MS) , Foundations of Stat NLP. (2001 )

mailto:[email protected]://web.stanford.edu/~jurafsky/slp3/https://web.stanford.edu/~jurafsky/slp3/http://cognet.mit.edu.silk.library.umass.edu/library/books/view?isbn=0262133601

Recommended additional reading:

1. Jacob Eisenstein. Introduction to Natural Language Processing (Adaptive Computation and Machine Learning series) The MIT Press (2019)

2. Noah A. Smith. Linguistic Structure Prediction (Synthesis Lectures on Human Language Technologies), Morgan & Claypool Publishers; 1st edition (2011)

3. Kevin P. Murphy. Machine Learning: A Probabilistic Perspective (Adaptive Computation and Machine Learning series). The MIT Press

1st Edition; (2012)

4. Emily M. Bender Linguistic Fundamentals for Natural Language Processing: 100 Essentials from Semantics and Pragmatics (Synthesis Lectures on Human Language Technologies) ; Morgan & Claypool (2019)

Planned learning activities and

teaching methods

Classroom lecturing, case study discussions and brainstorming, feedback

and presentation sessions, discussion sessions, Software commands for

Excel


Course contents:

1. Introduction and Overview Welcome, motivations, what is Natural Language Processing, hands-on

demonstrations. Ambiguity and uncertainty in language. The Turing test.

Course outline and logistics. Questionnaire.

[1,2] Ch 1

2. Regular Expressions Chomsky hierarchy, regular languages, and their limitations. Finite-state

automata. Practical regular expressions for finding and counting language

phenomena. A little morphology. In class demonstrations of exploring a

large corpus with regex tools.

Assignment: Install Python. HW#1

[1] Ch 2

3. Programming in Python An introduction to programming in Python. Why Python? Variables,

numbers, strings, arrays, dictionaries, conditionals, iteration. The NLTK

(Natural Language Toolkit), with demonstrations.

Refer to online

programming

resources, and

Learning

Python

4. String Edit Distance and Alignment Key algorithmic tool: dynamic programming, first a simple example, then its

use in optimal alignment of sequences. String edit operations, edit distance,

and examples of use in spelling correction, and machine translation.

Assignment: HW#1; HW#2

[1] Ch 3.11

5. Information Theory What is information? Measuring it in bits. The "noisy channel model." The

"Shannon game"--motivated by language! Entropy, cross-entropy,

information gain. Its application to some language phenomena.

Assignment: HW#3

[1] Ch 4.10-

4.11

.

6. Language modeling and Naive Bayes Probabilistic language modeling and its applications. Markov models. N-

grams. Estimating the probability of a word, and smoothing. Generative

models of language. Their application to building an automatically-trained

email spam filter, and automatically determining the language (English,

[1] Ch 4.1-4.9

https://www.amazon.com/Noah-A-Smith/e/B07GCFMP3W/ref=dp_byline_cont_book_1https://www.amazon.com/Kevin-P-Murphy/e/B008BK2WKW/ref=dp_byline_cont_book_1https://www.amazon.com/s/ref=dp_byline_sr_book_1?ie=UTF8&field-author=Emily+M.+Bender&text=Emily+M.+Bender&sort=relevancerank&search-alias=books

French, German, Dutch, Finnish, Klingon?).

Assignment: HW#4 Choice: Building a spam filter, or language id

7. Probabilistic Context Free Grammars Weighted context free grammars. Weighted CYK. Pruning and beam search.

[1] Ch 12

8. MİDTERM EXAM

9. Maximum Entropy Classifiers The maximum entropy principle, and its relation to maximum likelihood.

The need in NLP to integrate many pieces of weak evidence. Maximum

entropy classifiers and their application to document classification, sentence

segmentation, and other language tasks.

[1] Ch 6.6-6.7

10. Machine Translation Probabilistic models for translating French into English. Alignment,

translation, language generation. IBM Model #1.

IBM Model #2, and Expectation Maximization. MT evaluation.

[1] Ch 24

11. Lexical Semantics [1] Ch 24, Section 1

12. Unsupervised Language Discovery Automatically discovering verb sub-categorization.

13. Topic Models and Language in Social Networks Topic models. Language modeling integrated into social network analysis.

14. Pragmatics [1] Ch 21.3 .

15. Information Extraction & Reference Resolution Building a database of person & company relations from 10 years of New

York Times. Building a database of job openings from 70k company Web

pages. Various methods, including HMMs. Models of anaphora resolution.

Machine learning methods for co-reference.

[1] Ch 22

FINAL EXAM

Activities Number Duration (hour) Total Workload

(hour)




Midterm Exam 1 3 3

Paper/Project (including preparation and

presentation) 1 13

13

Homework 3 4 12


Final Exam 1 3 3

Total Workload 181




BA PROGRAMS

SYLLABUS

Course unit title FUZZY LOGIC AND CONTROL SYSTEMS

Course unit code FSL 3101


Level of course unit First cycle Bachelor

Year of study 1st- 2nd years


unit is delivered

2nd-3rd semester


allocated

7

Name of lecturer Rafig Aliyev

Class information

Location:

Time:




course unit

Course Description

This course presents some fundamental knowledge of fuzzy sets, fuzzy logic, fuzzy

decision making and fuzzy control systems. The aim is to equip graduate students

with some state-of-the-art fuzzy-logic technology and fuzzy system design

methodologies, thereby better preparing them for the rapidly evolving high-tech

information-based financial market and modern industry.

Learning Outcomes

On successful completion of this course, students will b able to :

understand basic knowledge of fuzzy sets and fuzzy logic;

apply basic knowledge of fuzzy information representation and processing;

apply basic fuzzy inference and approximate reasoning;

understand the basic notion of fuzzy rule base;

apply basic fuzzy system modeling methods;

apply basic fuzzy PID control systems;

understand the basic notion of computational verb controllers.



requisites

None




reading

1.Lotfi Zadeh and Rafik A.Aliev Fuzzy Logic Theory and Applications, World

Scientific Press , 2019

2.Negnevitsky, Michael , Artificial Intelligence: A Guide to Intelligent Systems

(1st Edition). Harlow:Pearson Education Ltd, 2002


3.Kruse, Rudolf., Gebhardt, J., and Klawonn, F. Foundations of Fuzzy Systems.

New York: John Wiley and Sons. 1994



Classroom lecturing, case study discussions and brainstorming, feedback and

presentation sessions, discussion sessions, Software commands for Excel


Course contents:

1 Introduction to fuzzy sets

The uncertain and inexact nature of the real world: ideas and examples;

fuzzy membership functions; fuzzy numbers and fuzzy arithmetic

Operations on Fuzzy sets and fuzzy numbers

[1] Ch 1

[3] Ch 2

2

Introduction to fuzzy logic

Basic concept and properties of fuzzy logic versus classical two-valued logic

Logic operations

[1] Ch 2

3 Fuzzy inference

Fuzzy inference principles; fuzzy decision making; approximate reasoning

Fuzzy TOPSIS +AHP

[1] Ch 2

4

Fuzzy rule base

If-Then rules; general format of fuzzy rule base; establishment of fuzzy rule base

Mamdani inference

[2] Ch 4

5

Fuzzy decision-making

Multi-objective optimization, performance evaluation, decision-making

Fuzzy Investment problem

[1] Ch 13

6 Fuzzy modeling

Static fuzzy modeling; dynamic fuzzy modeling

Zadeh’s “fast way” problem

7 Extensions of Fuzzy sets

Geometrical reasoning

[1] Ch 1

8 MİDTERM EXAM

9 Extensions of Fuzzy sets

Operations on intuitionistic fuzzy numbers

[1] Ch 1

10 Fuzzy Expert Systems

ESPLAN

[1] Ch 17

[2] Ch 4

11 Fuzzy Clustering

FCM

12 Control Systems

Temperature control system

[3] Ch 4

13 Basic Fuzzy Control Principle

Motor central in Matlab

[3] Ch 4

14 Fuzzy PID Controllers Design Methods and Applications

Fuzzy control of pH reactor

[3] Ch 4

15 Computational Verb Controllers

Online turning of a PID controller

[3] Ch 4

FINAL EXAM

Course Workload


(hour)

Total Workload

(hour)




Midterm Exam 1 3 3


and presentation)

Homework 10 4 40


Final Exam 1 3 3

Total Workload 210




BA PROGRAMS / MSc

SYLLABUS

Course unit title Project Management & Organization






unit is delivered

1st semester


allocated

6

Name of lecturer Rasul Hajiyev

Class information

Time: Wednesday


Office hours: Friday 18.30 -20.00


course unit

Course Description

This course provides a systematic and thorough introduction to all aspects

of project management and organization. Projects are an increasingly

important aspect of modern business, so we begin with the relation

between projects and the strategic goals of the organization. We move on

to discuss the technical, cultural, and interpersonal skills necessary too

successfully manage projects from start to finish. The course emphasizes

that project management is a professional discipline with its own tools,

body of knowledge and skills. Concepts are reinforced by case studies

covering a wide variety of project types and industries.

The course covers both the managerial and technical skills required to

plan projects, acquire the necessary resources, and lead project teams to

successful completion. Topics include the strategic role of projects in

contemporary organizations; dealing with stakeholders, such as

customers, vendors, and subcontractors; organizational cultures; and the

technical management tools (scope, WBS, network diagrams, estimating

schedules and costs, risks, and earned value).

Learning Objectives of the Course

After the course the student should:

Have a broad knowledge about, and be able to explain, discuss and analyse concepts of organization theory including organizational

culture, organization structure, organization environment strategy

and organization processes;

Have a broad knowledge about, and be able to explain, discuss and use general models, methods and theories about the organization

and management of diferent kinds of projects


Be able to explain and discuss the role of projects in organizational context



requisites

None



NA


reading

The textbook

1) Eric W. Larson and Clifford F. Gray “Project Management- the managerial process” published by Mc. Graw Hill Irwin

(7th edition - 2018)

Recommended readings:

2) G. Johnson, R. Whittington, K. Scholes. “Exploring Corporate Strategy”, (11th edition, 2017)

3) Making Things Happen: Mastering Project Management by Scott Berkun

4) Jack R. Meredith and Samuel J. Mantel, Jr. “Project Management- A managerial approach” (7th edition - 2009) published by John

Wiley and Sons.

5) Arthur Thompson, A. J. Strickland, John Gamble “Crafting and

Executing Strategy” ( 19th edition, 2014)

This course requires active attention and participation. Course reading is

composed of articles, as well as book chapters. Additional information

will be distributed either electronically or delivered in printed forms. Additional information will be distributed either electronically or delivered in

printed forms.



Classroom lecturing, assignment, discussion sessions, presentation.


Work placement NA

Course contents:

1 Introduction to Project Management Briefly describing the societal forces that have contributed to the need for project

management

Describing the lifecycle of a project in terms of the degree of project completion, required effort

Describing the limitations of project management

Chapter 1

[1]

(p.2-18)

2 Defining the project

Identify key elements of a project scope statement and understand why a complete scope statement is critical to project success.

Understand why it is important to establish project priorities in terms of cost, time, and performance.

Chapter 4

[1]

(p.100-

127)

(Practical

http://www.amazon.com/s/ref=dp_byline_sr_book_1?ie=UTF8&text=Arthur+Thompson&search-alias=books&field-author=Arthur+Thompson&sort=relevancerankhttp://www.amazon.com/s/ref=dp_byline_sr_book_2?ie=UTF8&text=A.+J.+Strickland+III&search-alias=books&field-author=A.+J.+Strickland+III&sort=relevancerankhttp://www.amazon.com/s/ref=dp_byline_sr_book_3?ie=UTF8&text=John+Gamble&search-alias=books&field-author=John+Gamble&sort=relevancerank

Demonstrate the importance of a work breakdown structure (WBS) to the management of projects and how it serves as a data base for planning and control.

Create responsibility matrices for small projects.

Exercises

or Case

study)

3 Project Management and Strategy

Forms and motives of diversifications

Understanding how to make appropriate choices between organic development, mergers and acquisitions and strategic alliances

Analyze how resources and capabilities might provide sustainable competitive advantage on the basis of their Value, Rarity, Inimitability and Organizational support

(VRIO).

Diagnose resources and capabilities by means of VRIO analysis, value chain analysis, activity systems mapping, benchmarking and SWOT analysis.

Chapter 3,

[4]

(p.62-95,

96-130,

208-240)

4 Project Management and Strategy (cont.)

Forms and motives of diversifications

Understanding how to make appropriate choices between organic development, mergers and acquisitions and strategic alliances

Analyze how resources and capabilities might provide sustainable competitive advantage on the basis of their Value, Rarity, Inimitability and Organizational support

(VRIO).

Diagnose resources and capabilities by means of VRIO analysis, value chain analysis, activity systems mapping, benchmarking and SWOT analysis.

Chapter 8

& 11

[4]

5 Organization Strategy and Project Selection

Explain why it is important for project managers to understand their organization’s strategy.

Identify the significant role projects contribute to the strategic direction of the organization.

Understand the need for a project priority system.

Apply financial and nonfinancial criteria to assess the value of projects.

Understand how multi-criteria models can be used to select projects

Chapter 2

[1]

6 Developing Project Plan

Understand the linkage between WBS and the project network.

Diagram a project network using AON methods.

Calculate early, late, and slack activity times.

Identify and understand the importance of managing the critical path.

Distinguish free slack from total slack.

Demonstrate understanding and application of lags in compressing projects or constraining the start or finish of an activity.

Chapter 6

[1]

7 Managing Risk

Describe the risk management process.

Understand how to identify project risks.

Assess the significance of different project risks.

Describe the four different responses to managing risks.

Understand the role contingency plans play in risk management process.

Understand opportunity management and describe the four different approaches to responding to opportunities in a project.

Understand how contingency funds and time buffers are used to manage risks on a project.

Chapter 7

[1]

8 Midterm Exam

9 Outsourcing: Managing Interorganizational Relations

Understand the advantages and disadvantages of outsourcing project work.

Describe the basic elements of a Request for Proposal (RFP).

Identify best practices for outsourcing project work.

Practice principled negotiation.

Describe the met-expectations model of customer satisfaction and its implications for working with customers on projects.

Chapter 12

[1]

10 Outsourcing: Managing Interorganizational Relations (cont.)

Understand the advantages and disadvantages of outsourcing project work.

Describe the basic elements of a Request for Proposal (RFP).

Identify best practices for outsourcing project work.

Practice principled negotiation.

Describe the met-expectations model of customer satisfaction and its implications for working with customers on projects.

Chapter 12

[1]

11 Scheduling Resources and Costs

Understand the differences between time constrained and resource-constrained schedules.

Identify different types of resource constraints.

Describe how the smoothing approach is used on time-constrained projects.

Describe how leveling approach is used for resource-constrained projects.

Understand when and why splitting tasks should be avoided.

Chapter 8

[5]

12 Reducing Project Duration

Understand the different reasons for crashing a project.

Identify the different options for crashing an activity when resources are not constrained.

Identify the different options for crashing an activity when resources are constrained.

Determine the optimum cost-time point in a project network.

Chapter 9

[1]

(p.304-

336)

13 Being an Effective Project Manager

Understand the difference between leading and managing a project.

Understand the need to manage project stakeholders.

Identify and apply different “influence currencies” to build positive relations with

others.

Understand the need for a highly interactive management style on projects.

More effectively manage project expectations.

Understand the importance of building trust and acting in an ethical manner while

working on a project.

Identify the qualities of an effective project manager

Chapter 10

[1]

(p. 338-

373)

14 Progress and Performance Measurement and Evaluation.

Identify the four steps for controlling a project.

Utilize a tracking Gantt to monitor time performance.

Chapter 13

[3]

(p.458-

513)

Understand and appreciate the significance of earned value.

Calculate and interpret cost and schedule variance.

Calculate and interpret performance and percent indexes.

15 An Introduction to Agile Project Management

Recognize the conditions in which traditional project management versus agile

project management should be used.

Understand the value of incremental, iterative development for creating new products.

Identify core Agile principles.

Understand the basic methodology used in Scrum

Recognize the limitations of Agile project management

Chapter 16

[4]

(p.578-

602)

16. FINAL EXAM

Student workload


(hour)

Total Workload

(hour)




Midterm Exam 1 3 3


and presentation)

Homework 10 3 30


Final Exam 1 3 3

Total Workload 183




BA PROGRAMS / MSc

SYLLABUS

Course unit title HUMAN RESOURCES MANAGEMENT BEYOND BORDERS

Course unit code MGS 8300


Level of course unit First Cycle Master



unit is delivered

1st semester


allocated

7

Name of lecturer Tofig Afandizada

Class information

Time: Tuesday 18:30 – 21:10




course unit

COURSE DESCRIPTION This course explores the management of human resources in an overview

perspective. Topics covered are: payroll, compensation and benefits, staffing,

training and development, performance appraisals, organizational

management, policy, and maintaining effective relationships with employees.

Students will be exposed to the dynamics of how the human resource

department and the company strategically work together to balance employee

morale and return on investment. Thought provoking questions will initiate a

well-rounded learning experience of HRM and the effects on business

operations.

COURSE OBJECTIVES Understand human resource management and define human capital. Name the seven categories of HR functions and provide an overview of four challenges facing HR today. Summarize the organization’s strategic planning process and outline how HR’s strategies are merged with organizational strategies. Discuss how to forecast the supply and demand of Human Resources Identify how organizations can measure and analyze the effectiveness of HR management practices Discuss the legal protections to prevent bias and discrimination based on age, religion, national origin, and other factors Define job design and identify common approaches to job design. Discuss four different views of motivation at work. Describe different kinds of turnover and how turnover can be measured Define the difference between job satisfaction and engagement Explain strategic recruiting decisions regarding employment branding, outsourcing, and other related issues. Understand selection and placement and the levels of person/environment fit. Specify how legal con-cerns affect background investigations of appli-cants and use of medical examinations in the selection process. Define training and discuss why a strategic approach is important.


Provide an example for each of the four levels of training evaluation. Explain the importance of succession planning and the steps involved in the process Identify why performance management is necessary Identify the three general components of total rewards and give examples of each Define a benefit and identify four strategic benefit considerations

Mode of delivery Class room / Face-to-face


requisites

No



NA


reading

REQUIRED TEXTBOOK Mathis, Jackson, and Valentine

Human Resource Management, (15th Edition)



Classroom lecturing, assignment, discussion sessions, group exercises.


Work placement NA

Course contents:

1 HRM in Organizations [1]

Chapter 1

2 Human Resource Strategy and Planning

[1]

Chapter 2

3 Equal Employment Opportunity [1]

Chapter 3

4 Workforce, Jobs, and Job Analysis

[1]

Chapter 4

5 Individual/Org. Relations and Retention

[1]

Chapter 5

6 Recruiting and Labor Markets [1]

Chapter 6

7 Selecting Human Resources [1]

Chapter 7

8 MIDTERM

9 Training Human Resources

[1]

Chapter 8

10 Talent, Careers, and Development [1]

Chapter 9

11 Performance Management and Appraisal [1]

Chapter 10

12 Total Rewards and Compensation

[1]

Chapter 11

13 Variable Pay and Executive Compensation [1]

Chapter 12

14 Managing Employee Benefits [1]

Chapter 13

15 Preparation to Final Exam

16 Final Exam

Student workload


(hour)

Total Workload

(hour)




Midterm Exam 1 3 3

Homework 10 3 30


Final Exam 1 3 3

Total Workload 212

Total Workload/ 30 (h) 7.06



BA PROGRAMS/ MSc

Course unit title HUMAN RESOURCES MARKETING

Course unit code MGS 2300


Level of course unit Second Cycle Master

Year of study 1-2 years


unit is delivered

2nd – 3rd semesters


allocated

7

Name of lecturer Seymur M. GULIYEV

Class information

Time: 18:30-21:15, Monday and Friday


Office hours: Upon appointment


course unit

Learning Outcomes

Course Description

This course expresses the importance of Marketing for Human Resources Management

and explains how marketing techniques are used for HR purposes. HR and marketing

are the functions of business and there is exact relationship between these functions.

Marketing is not only applied to goods and services, but also marketing theories and

approaches can be used for the implementation of Human Resources functions.

Advertisement function of marketing is used by HR Hiring function to announce

available vacancies to attract prospective candidates, branding function of marketing is

used by employee for personal branding purposes and etc. Hence, marketing function is

crucial for Human Resources Management processes, and this module will talk about

mentioned issues.

Learning Outcomes Upon completion of the course, students are able to identify the concepts and tools

linked to human resource marketing. The course improves students’ ability to evaluate

different HR market situations among industries and propose solutions to strategic staff

decisions. Furthermore, students are able to explain strategy at different levels;

corporation, SBU and functional. Students are able to apply concepts and tools of

strategic HR marketing in global and local context that is, they understand the

interdependency of HR and Marketing. In addition, students will demonstrate analytical

thinking skills by applying different human resource marketing strategies in practice

and solving real-life business problems in a case exercise guided by the problem based

learning (PBL) method. Students will apply oral and written communication skills

appropriate for business situations by working in small groups throughout the course,

playing various roles of marketing professional, presenting their case exercise in written

and oral form.


Prerequisites and co- MRKT 1101, MRKT 2301

requisites



NA


reading

1. Patricia M Nazemetz “HR and Marketing: POWER PARTNERS: the

competitive advantage that will transform your business and establish a culture

of performance Paperback” Versant – 2012

Optional Readings:

2. Strategic Marketing Management 7th ed. Edition, Alexand Chernev,

Cerebellum Press,2012

3. https://www.amazon.com/Marketing-competitive-advantage-transform-

performance/dp/0985605308)

Additional information will be distributed either electronically or delivered in printed

forms.



Classroom lecturing, assignment, discussion sessions, presentation.


Work placement NA

Course contents:

1 Kick off, semester program Page

2

Fundamentals of HR management and Marketing Personal handout

3 Internal and Externals Relationships to Stakeholders in the Value Net Personal handout

4

Branding a destination employer

Case study: Holistic approach in marketing [1]

Cp 5

pp (74-82)

5 Evaluating the impact of Employer brand

Workshop: Employees of Apple as a brand [1]

Cp 4

pp (54-61)

6 Human capability as a Product & Service Personal handout

7 Looking at talent from the startup perspective

Case study: McDonalds Azerbaijan and its talent program [1]

Cp 5

pp (79-88)

8 MIDTERM

https://www.amazon.com/Marketing-competitive-advantage-transform-performance/dp/0985605308https://www.amazon.com/Marketing-competitive-advantage-transform-performance/dp/0985605308

9 Partnership with marketing

Workshop: HR and Marketing relationship [1]

Cp 5

pp (88-96)

10 Vacancy advertisements in Mas media and digital media

Case Study: Social media and vacancy advertisement Personal handout

11 Marketing to employees [1]

Cp 13

pp (171-177)

12 Leveraging talent as a competitive advantage [1]

Cp 13

pp (177-186)

13 Leading the digital transformation

Case study: Google and its HR formula [1]

Cp 14

pp (194-203)

14 Personal Branding an rebranding strategies, Connecting next generation leaders [1]

Cp 12

pp (163-171)

15 Wrap up and finalizing the course -

16 Final Exam

Student workload


(hour)

Total Workload

(hour)




Midterm Exam 1 3 3

Homework 10 5 50


Final Exam 1 3 3

Total Workload 214


ECTS Credit of the Course 7.13

Azerbaijan State Oil and Industry University

BA Programs

Course unit title Procurement, Production & Logistics Management



Level of course unit 2nd cycle master


Semester/trimester

when the course unit

is delivered

2nd

semester

Number of ECTS

credits allocated

6

Name of lecturer Fuad Bagirov

Class information Location: Room: 2 Office hours: Upon appointment

Time: Tuesday, Friday


Learning outcomes

of the course unit

Course description:

This market-leading cource explores modern procurement,

production, logistics from a managerial perspective characterized

by geopolitical tensions in various parts of the world, steadily

increasing trade among countries and across continents, supply

chain vulnerabilities caused by severe natural disasters, and an

unabated pace of technological advancement. In it, readers see

theory come to life through the authors’ timely, practical, thorough, and exciting coverage of the fundamentals of logistics

in today’s dynamic global landscape. Learning Outcomes of the Course:

• Decision-making skills, as they are responsible for making important contract, production, inventory and

transportation decisions.

• Cost-benefit analysis skills to maximise their procurement budgets to best effect.

• Organisational skills, the ability to communicate at all levels and a head for figures.

• Communication skills. It’s all about coordinating the different links in the chain.

• Keep your Course Current with Today’s Pressing Global Issues: Students are brought up to date on today’s pressing global issues through the revisions, new examples, current references, and addition

of new content throughout.

role in practice.


Prerequisites and

co-requisites

Recommended

optional programme

components

Basic Engineering Mechanics skills

Recommended or

required readings

Required readings:

1. Paul R. Murphy, John Carroll, Contemporary Logi

azerbaijan state oil and industry university ... -...

Documents