Business Administration - MSc (parttime)Vrije Universiteit Amsterdam - School of Business and Economics - M Business Administration (deeltijd) –2018-2019 II Het deeltijdprogramma

I Vrije Universiteit Amsterdam - School of Business and Economics - M Business Administration (deeltijd) –2018-2019

Business Administration - MSc (parttime) Vrije Universiteit Amsterdam - School of Business and Economics

M Business Administration (deeltijd) – 2018-2019

II Vrije Universiteit Amsterdam - School of Business and Economics - M Business Administration (deeltijd) –2018-2019

Het deeltijdprogramma is voor werkenden die een basiskennis van bedrijfskunde opgedaan hebben in en

na hun bachelor programma, en die zich vooral verder willen verdiepen in de bedrijfskunde. Het

programma geeft hen een gedegen academische training en een substantiële know-how.

Het programma biedt keuze uit drie specialisaties (1) Financial Management, (2) Digital Business and

Innovation, (3) Management Studies. Hoewel iedere specialisatie onderscheidende vakken kent, zijn er

daarnaast voor alle studenten kernvakken in strategie, financiering, innovatie, informatietechnologie,

bedrijfsethiek, onderzoeksmethoden en de thesis.

III Vrije Universiteit Amsterdam - School of Business and Economics - M Business Administration (deeltijd) - 2018-2019

Inhoudsopgave

Parttime Master Business Administration year 1 5

Parttime Master Business Administration year 2 5

PTM Bus Adm - Digital Business Innovation 5

PTM Bus Adm - Financial Management 6

PT M Bus Adm - Management Studies 6

Vak: Advanced Corporate Financial Management (Periode 4) 7

Vak: Advanced Finance, Banking and Insurance (Periode 4) 8

Vak: Digital Entrepreneurship Project (Periode 4) 9

Vak: Digital Business & Information Systems(Periode 2) 10

Vak: E-Commerce Analytics (Periode 5) 11

Vak: Ethics (Periode 3) 12

Vak: Growth Strategies and Organizational Challenges (Periode 4) 14

Vak: Management Consulting (Periode 4) 15

Vak: Management of Digital Innovation (Periode 1) 16

Vak: Organizational Behavior Management (Periode 5) 17

Vak: Research Seminar I (Periode 6) 18

Vak: Research Seminar II (Periode 6) 19

Vak: Thesis (Ac. Jaar (september)) 20

Vak: Valuation and Corporate Governance (Periode 5) 21

Pagina | 5

Parttime Master Business Administration year 1

Vakken:

Naam Periode Credits Code

Advanced Corporate Financial Management Periode 5 6.0 EQ-BA-ACF

Digital Business & Information Systems Periode 2 6.0 EQ_BA_DBIS

Ethics Periode 3 3.0 EQ-BA-ETH

Growth Strategies and Organizational Challenges Periode 4 6.0 EQ_BA_GSOC

Management of Digital Innovation Periode 1 6.0 EQ_BA_MDI

Research Seminar I Periode 6 3.0 EQ_BA_RS1

Parttime Master Business Administration year 2

Opleidingsdelen:

- PT M Bus Adm - Digital Business Innovation

- PT M Bus Adm - Financial Management

- PT M Bus Adm - Management Studies

PT M Bus Adm - Digital Business Innovation

Vakken:


Digital Entrepreneurship Project Periode 4 6.0 EQ_BA_DEP

E-Commerce Analytics Periode 5 6.0 EQ_BA_ECA

Research Seminar II Periode 6 3.0 EQ_BA_RS2

Thesis Ac. Jaar (september) 15.0 EQ_BA_THS

Pagina | 6

PT M Bus Adm - Financial Management

Vakken:


Advanced Finance, Banking and Insurance Periode 4 6.0 EQ_BA_AFBI

Valuation and Corporate Governance Periode 5 6.0 EQBA_VCG



PT M Bus Adm - Management Studies

Vakken:


Management Consulting Periode 4 6.0 EQ_BA_MC

Organizational Behavior Management Periode 5 6.0 EQ_BA_OBM



Pagina | 7

Advanced Corporate Financial Management

Vakcode EQ_BA_ACF

Periode Periode 5

Credits 6.0

Voertaal Nederlands

Faculteit School of Business and Economics

Coördinator Drs. J.F. Jullens

Examinator Drs. J.F.Jullens

Niveau 400

Doel vak

To understand the basic theories for capital structure

To apply the theories in interpreting drivers of capital structure choice

To understand the different choices that companies have in returning capital to shareholders

To appreciate the differences / similarities in the various valuation methodologies (Discounted Cash

Flow , Residual Income Model and Valuation Multiples)

To apply the basic tools in driving key financial ratios

To obtain exposure to, and familiarity with, the financial statements of real companies

To apply the valuation methodologies in deriving a valuation for a company

To critically review a firm’s capital structure and financing choices

To challenge the key value drivers in a valuation

To critically analyze managerial motives for mergers & acquisitions

Inhoud vak

This course is an advanced course in Corporate Finance that will involve more challenging corporate

finance topics but also more practical examples of financial decision making. We will discuss capital

structure decisions, payout policies, corporate valuation models, markets for corporate securities, and

corporate governance. The latter topics allow broad international comparisons due to historical, cultural,

and regulatory differences across countries. In the course, we will use current examples from Europe

and the United States to contrast practical corporate finance decisions with theoretical concepts.

Onderwijsvorm

Lectures

Toetsvorm

Exam (70%) and Group Assignment (30%)

Literatuur

Corporate Finance, Berk & DeMarzo, 4th edition, 2017 ISBN 13 978-1-292-16016-0

Pagina | 8

Advanced Finance, Banking, and Insurance

Vakcode EQ_BA_AFBI

Periode Periode 4

Credits 6.0

Voertaal Engelss


Coördinator Dr. Teodor Dyakov

Examinator Dr. Teodor Dyakov

Niveau 400

Doel vak

The aim of this course is to provide students with theoretical and practical knowledge in key areas of

financial intermediation. The course begins with an overview of the financial system, followed by an

analysis of the meaning and behavior of interest rates in financial markets. Next, the course provides

an in-depth study of the banking industry, including the structure, management, regulation, and

competition of the industry. We will also study the classic Diamond-Dybvig model of bank runs. We will

further discuss how financial crises emerge in both developed and developing markets. The course also

includes an overview of central banking and the key tools used to conduct monetary policy. We will

conclude with the study of non-banking financial intermediaries, such as insurances, pension funds,

and mutual funds.

Inhoud vak

Week 1 starts with an overview of the course. It will further provide an overview of the financial system

and study the meaning and behavior of interest rates. Readings: Chapters 1, 2, 3, 4, 5.

Week 2 investigates the term structure of interest rates and provides an introduction to banking.

Readings: Chapters 6, 8, 9.

Week 3 studies the classic Diamond and Dybvig model of bank runs. A reading will be provided on

Canvas.

Week 4 continues the study of banking, more specifically the regulation and competition in the industry.

We will further study financial crises. Readings: Chapters 10, 11, 12, 13.

Week 5 provides an introduction into central banking and the money supply process. Readings:

Chapters 14, 15

Week 6 concludes with a study of the tools and conduct of monetary policy. Readings: Chapters 16, 17

Toetsvorm

There will be no final exam in the course. Instead, the assessment will be built on 4 components:

• Short quizzes (20%).

• Presentations (50%).

• Class participation (30%).

Literatuur

The Economics of Money, Banking, and Financial Markets by Frederic S. Mishkin (12th Global

Edition)

Pagina | 9

Digital Entrepreneurship Project

Vakcode EQ_BA_DEP

Periode Periode 4

Credits 6.0

Voertaal Nederlands


Coördinator prof.dr.ir. J.W.M. Gerrits

Examinator prof.dr.ir. J.W.M. Gerrits

Niveau 400

Doel vak

After following this course, you:

• know the economic foundations of e-business: network economics and information economics;

• know current business models of e-business and e-commerce;

• can develop a business model, business case and business plan for a venture;

• can make a valuation of a startup;

• understand the value of business networks to develop a venture;

• know how to present your business plan to potential investors.

This course is focused on setting up new digital initiatives. The theory part of the course provides

students with theories and models as a basis to develop e-business initiatives and includes such topics

as network economics, funding and business planning. In the application part of the course, students

will develop a plan for starting up a new e-business venture. In order to develop the necessary network

for starting up a company, students will be introduced to start-ups, relevant business networks and

funding partners.

Inhoud vak

The lectures introduce students to the necessary theory to develop a business plan for a e-business

venture. In the project you develop a business plan for a venture. Every week another part of the

business plan will be developed. In the meetings the teams present their work which will be discussed

with the entire group.

Toetsvorm

• written examination, 60 percent

• project paper, 40 percent

Pagina | 10

Digital Business & Information Systems

Vakcode EQ_BA_DBIS

Periode Periode 2

Credits 6.0

Voertaal Nederlands


Coördinator prof. dr. J.F.M. Feldberg

Examinator prof. dr. J.F.M. Feldberg

Niveau 400e

Doel vak

De leerdoelen zijn als volgt:

Academic & research skills:

Identificeer en evalueer wetenschappelijke publicaties van hoge kwaliteit en integreer deze in de

onderbouwing en de redenering van praktische situaties.

Bridging theory and practice:

Pas wetenschappelijke theorieën, concepten en kaders toe in de organisatorische context;

Ontwikkel een gedegen wetenschappelijke redenering en beargumenteer argumenten gebaseerd op

theorie;

Kritisch reflecteren over de rol van digitale innovaties en informatiesystemen in de hedendaagse

organisatorische context;

Evalueer en analyseer de inzet van digitale innovaties en informatiesystemen als basis voor

waardecreatie en –toewijzing.

Professional / social skills: Werk in een team en evalueer iemands rol en bijdrage in teamverband.

Inhoud

Het programma kent vijf inhoudelijke colleges. De inhoudelijke colleges worden verzorgd door

verschillende gastdocenten, ieder met een eigen expertise en aanpak. Onderwerpen die wij adresseren

zijn: Digital Business & Information Systems; Cloud; Blockchain; Big Data; en ERP-systemen

Centrale thema’s zoals cyber security & privacy komen tijdens meerdere colleges aan de orde. De

colleges zijn bedoeld om de academische ‘mindset’ te stimuleren en je vertrouwd te maken met nieuwe

kennis over digitalisering van bedrijfsprocessen en bijhorende technieken. Dit gebeurt door presentaties

en discussies waarbij de gehele groep, student, docent en coördinatoren participeren. De voorbereiding

per college kan verschillen. Hoofdzakelijk bestaat de voorbereiding voor deze colleges uit het lezen van

relevante artikelen aangedragen door de docenten. Via de digitale leeromgeving canvas worden

Onderwijsvorm

Hoorcollege

Toetsvorm

Tentamen (70%), Paper (30%)

Literatuur

Het verplichte studiemateriaal bestaat uit een verzameling academische en praktijkgerichte papers.

Pagina | 11

E-commerce Analytics

Vakcode EQ_BA_ECA

Periode Periode 5

Credits 6.0

Voertaal Nederlands


Coördinator Dr. T. Verhagen

Examinator Dr. T. Verhagen

Niveau 400

Doel vak

The general learning objective of the course: to develop a deep understanding of the methods, tools

and analytics to assess the effectiveness of e-commerce practices and to use this understanding to

work out an e-commerce action plan.

Moreover, the course contains the following specific learning objectives:

• have understanding of key issues in e-commerce.

• have an in-depth understanding of a multitude of tools, analytics, and methods in the field of

ecommerce.

• have knowledge of recent academic findings on determinants of e-commerce success.

• be able to use methods, tools and analytics to analyze the quality of e-commerce practices and

translate the findings into clear-cut recommendations.

• have the skills to use basic e-commerce tools, analytics, and methods and recent academic

findings to set up and work out an e-commerce action plan.

Inhoud vak

Participants are expected to analyze (see sections 4.2 and 5) the e-commerce practices of an existing

online transaction website (e.g. online retailer, firm in the financial service industry, auction) and report

on this analysis by writing an e-commerce action plan. Key thought behind the action plan is that the

transaction site is seen as center of the e-commerce strategy. Here, visitors come to collect product

information, evaluate options, and engage in final decision-making. To attract people to the site a variety

of online systems can be used such as Facebook, search engines, micro-blogs (Twitter), YouTube,

blogs, etc. The e-commerce action plan aims to evaluate the effective usage of these systems in

attracting and servicing customers by making use of a multitude of tools, analytics, and methods.

Onderwijsvorm

Lectures

Individual presentations

Toetsvorm

The grading for the course depends on the grade of the written e-commerce action plan (100%).

Pagina | 12

Business Ethics

Vakcode EQ_BA_ETH

Periode Periode 3

Credits 3.0

Voertaal Nederlands


Coördinator Dr.ir. G.J. de Ridder

Examinator Dr.ir. G.J.de Ridder

Niveau) 400

Doel vak

Studenten begrijpen wat normatieve ethiek is en kunnen uitleggen hoe normatieve ethiek verschilt

van en zich verhoudt tot descriptieve ethiek en rechtsgeleerdheid en waarom normatieve ethiek

van belang is voor en in bedrijven en andere organisaties.

Studenten verwerven kennis van en inzicht in de drie belangrijkste algemene morele theorieën

(consequentialisme, plichtethiek en deugdethiek) en de belangrijkste kritieken erop. Ze kunnen de

basisgedachten van deze theorieën uiteenzetten, de kritieken erop uitleggen en de

standaardreacties op de kritieken reproduceren. Ze kunnen de theorieën gebruiken en toepassen

op concrete casus uit hun professionele praktijken. Bovendien herkennen ze ook de beperkingen

van deze theorieën en kunnen ze zodoende oordeelkundig inzetten.

Studenten verwerven kennis van en inzicht in de bekendste morele opvattingen over de sociale

verantwoordelijkheden van organisaties, sociale rechtvaardigheid en diverse specifieke thema’s uit

de bedrijfsethiek zoals positieve discriminatie, klokkenluiden, leiderschap en organisatiecultuur,

marketingethiek en de ethiek van financiële representatie. Ze herkennen de morele aspecten van

deze kwesties en kunnen er met behulp van de besproken theorieën en opvattingen op een

systematische manier over redeneren.

Studenten verwerven het vermogen om morele kwesties in organisaties te herkennen, te

analyseren, er systematisch over te discussiëren en er een beredeneerd oordeel over te vellen met

behulp van de besproken algemene morele theorieën en specifiekere morele principes en

opvattingen.

Studenten worden zich (meer) bewust van hun eigen morele opvattingen, waarden en normen (voor

zover relevant voor hun professionele context) en ontwikkelen het vermogen om hen te articuleren

en er rationeel op te reflecteren.

Inhoud vak

Ethiek gaat over goed en kwaad, over normen en waarden, over wat we horen te doen en niet horen

te doen, over wat onze morele verplichtingen en rechten zijn. Heel algemeen en beknopt gezegd

proberen ethische theorieën en principes antwoord te geven op de vraag: “Wat behoort een mens te

doen?” Ethiek is een onderdeel van de filosofie en één van de oudste academische disciplines die er

is.

Dit vak gaat deels over algemene normatieve ethiek, d.w.z. over theorieën en ideeën die je kunt

gebruiken om morele vragen te herkennen, te verhelderen en te beantwoorden. In de geschiedenis van

de ethiek zijn diverse morele theorieën voorgesteld. We maken kennis met de belangrijkste, leren deze

toe te passen en gaan ook in op hun beperkingen.

Een ander deel van het vak is meer toegepast en heeft betrekking op morele vragen die voortkomen

uit de praktijk van (moderne) organisaties. Wat voor verantwoordelijkheden hebben organisaties jegens

de maatschappij? Is diversiteit iets om na te streven? Is positieve discriminatie (soms) goed? Is alles

Pagina | 13

geoorloofd om je producten te verkopen? Moet en kan marketing eerlijk zijn? Wat is privacy en wat is

er goed aan? Wat is een eerlijke verdeling van geld en inkomen?

Onderwijsvorm

Colleges

Toetsvorm

Het eindcijfer voor deze cursus bestaat uit het gewogen gemiddelde van de cijfers voor de volgende

drie elementen:

1. Drie opdrachten voor colleges (40%)

2. Feedback op paper van collega-studenten (10%)

3. Paper (50%)

Literatuur

Denis Arnold, Tom Beauchamp, Norman Bowie (eds.), Ethical Theory and Business, 9th ed.

(Essex: Pearson Education, 2014). (Verderop afgekort als: ET&B; de relevante hoofdstukken

zijn beschikbaar onder Files)

Enkele aanvullende artikelen die via Canvas beschikbaar gemaakt zullen worden.

Opdrachten, krantenknipsels, enz. die tijdens colleges en via Canvas verstrekt worden.

Pagina | 14

Growth Strategies & Organizational Challenges

Vakcode EQ_BA_GSOC

Periode Periode 4

Credits 6.0

Voertaal Nederlands


Coördinator Dr. M.J. Flikkema

Examinator) Dr. M.J.Flikkema

Niveau 400

Doel vak

To understand, describe and explain the motives, modes, and dilemmas of growing a firm in mature

and emerging markets at home and abroad.

To grasp and illustrate the theories and focal concepts of growth at the individual, firm, and industry

level.

To understand and describe the organizational challenges, contingencies, and outcomes of various

growth strategies.

To propose evidence-based managerial interventions targeted at financial or non-financial growth.

To critically evaluate research on growth strategies.

To apply insights from the GS&OC course to the professional growth trajectory in the Master

program.

Inhoud vak

´Growth is magic. It makes it easier to fund new investments, attract great talent, and acquire assets.

But the environment for growth has been difficult since 2008, and while there are signs that the Great

Recession is at last receding, significant challenges remain.´ (Atsmon and Smit, 2015). According to

McKinsey, we’re still living in a business environment in which ‘grow or go’ dictates strategists’

behaviors. Growing a firm and dealing with organizational challenges effectively is therefore more than

ever key for competitive reasons.

The GS&OC course focuses on contemporary growth challenges in mature and emerging markets at

home and abroad. The course addresses core growth challenges at the individual, firm, and industry

level. Throughout the course, we pay attention to how researchers study growth-related topics. Students

are invited to co-study relevant growth challenges and to apply insights in a real life case study.

Form of Tuition

Onderwijsvorm

Lectures and tutorials

Toetsvorm

Written exam; presentation; research paper; case study report

Literatuur

Scholarly articles

Recommended knowledge

Strategic management, multivariate statistical methods

Pagina | 15

Management Consulting

Vakcode E_PTBA_MC

Periode Periode 4

Credits 6.0

Voertaal Nederlands (literatuur Engels)


Coördinator Dr. Koen van Bommel

Examinator Dr. K. van Bommell

Niveau Colleges

Doel vak

Deze cursus heeft tot doel een tour d’horizon te bieden langs de belangrijkste debatten over

management consulting op dit moment. Het is geen praktische ‘how to’ cursus, maar één die reflectie

biedt op de praktijk van (het werken met) consultants. Aan het eind van de cursus is de student niet

alleen inhoudelijk op de hoogte van wat consulting is. Ook is hij/zij in staat kritisch te reflecteren op het

eigen werk als consultant dan wel als klant een visie te ontwikkelen op het werk van consultants.

Inhoud

Gelet op het grote aantal management consultants in Nederland behoeft het nauwelijks betoog dat een

vak over management consulting relevant is. Dit geldt natuurlijk allereerst voor diegenen die zelf

consultant zijn of willen worden. Een overzicht van debatten rondom management consulting kan hen

helpen hun positie in hun vakgebied te bepalen.

Maar ook voor managers is kennis over management consulting relevant: zij zijn immers de klanten

van de adviseurs. Als zij weten hoe de adviesbranche in elkaar zit, wat adviseurs voor diensten leveren

en wat de mogelijkheden en onmogelijkheden zijn in management consulting, zullen zij beter in staat

zijn hun vraag te articuleren, de juiste consultant te selecteren, realistische verwachtingen hebben en

het werk van de consultant beter kunnen beoordelen.

Onderwijsvorm

Lecturers/Seminars

Toetsvorm

Written examination

Literatuur Academic articles (will be provided)

Pagina | 16

Management of Digital Innovation

Vakcode EQ_BA_MDI

Periode Periode 1

Credits 6.0

Voertaal Nederlands


Coördinator prof. dr. ir.J.J. Berends

Examinator prof. dr. ir.J.J. Berends

Niveau 400

Doel vak

Academic skills:

• Je leert de relevantie van innovatie managementtheorie te evalueren door te toetsen aan

actuele ontwikkelingen en aan de specifieke kenmerken van digitale innovatie.

Bridging Theory and Practice – knowledge:

• Je ontwikkelt theoretisch inzicht in innovatiedynamiek in industrieën, de ontwikkeling van

innovatiestrategie, het management van innovatieprocessen in en tussen organisaties, en de

specifieke kenmerken van digitale innovatie.

• Je ontwikkelt vaardigheden om theorie toe te passen om innovatieactiviteiten in de praktijk te

analyseren en te verbeteren.

Inhoud

Om succesvol te worden en te blijven moeten organisaties innoveren door nieuwe producten, diensten

en businessmodellen te ontwikkelen. Innovatie kan niet aan het toeval overgelaten worden, maar vraag

om een doordachte benadering van omgeving, strategie, en processen. De afgelopen jaren hebben

bedrijven veel voortgang gemaakt bij het inrichten van hun organisatie voor innovatie. Echter, de digitale

innovaties waar veel organisaties op dit moment aan werken vragen weer om nieuwe benaderingen.

Daarbij zijn er vaak geen eenvoudige antwoorden, maar worden organisaties geconfronteerd met

dilemma’s zoals exploiteren vs. exploreren, versterken vs. ontwrichten, open vs. gesloten, afschermen

vs. samenwerken.

De colleges richten zich op drie aspecten. De eerste drie colleges gaan over innovatiedynamiek in

relatie tot de omgeving van de organisatie: het belang van innovatie, innovatiecycli, disruptie en de

organiserende rol van platformen in digitale innovatie. Daarna behandelen we in het vierde college hoe

een bedrijf een innovatiestrategie kan ontwikkelen. De laatste twee sessies richten zich op de uitvoering

van innovatieprocessen en samenwerking in het innovatieproces (open innovatie).

In alle colleges behandelen we ‘klassieke’ theorie over innovatiemanagement, alsmede recent

wetenschappelijk onderzoek en actuele ontwikkelingen in de innovatiepraktijk. De colleges zijn

interactief en studenten worden gestimuleerd om de stof toe te passen op de eigen organisaties. Het is

daarbij van belang dat studenten de stof goed doornemen voorafgaande het college.

Onderwijsvorm

Colleges

Toetsvorm

Tentamen (50%), 4 in-class assignments (20%), Groepsopdracht (30%)

Pagina | 17

Organizational Behavior Management

Vakcode EQ_BA_OBM

Periode Periode 5

Credits 6.0

Voertaal Nederlands


Coördinator Dr. M.M. Rietdijk

Examinator) Dr. M.M. Rietdijk

Niveau 400

Doel vak

An important goal in strategic management is how to change business models. In order to understand

what business models will be robust in the future, scenario's must be written in which the current

business model is wind-tunneled. KPI's and behaviors that contribute to this new business model must

be defined and realized. This course is aimed at strategy realization. How can we change results and

behaviors? The robust science of behavior analysis (started by Ivan Pavlov) is learned and applied by

the student in a real life case. Preferably in an organizational context or else at the individual level about

gaining self-control.

Inhoud vak

The content builds on the science and application of behavior analysis, started a century ago by Ivan

Pavlov. By discussing laboratory and field experiments, the laws of conditioning are revealed. The

founding ABC analysis and following steps of behavioral change are explained: Pinpointing behaviors

and results, measurement, Feedback, goalsetting and reinforcement as performance management tool.

This highly successful behavior modification approach is now available for companies.

The design of a field experiment is applied to a real life case, preferably in an organizational context, in

small groups. Baseline measures are combined with understanding the current undesirable behavior

(CUB), current desired behavior (CDB) and future desired behavior (FDB). Advantages of positive

reinforcement (R+) are compared with negative reinforcement (R-), Punishment (P+) and Penalty (P-).

Other concepts include schedules of reinforcement, contingencies of reinforcement, deprivations and

satiation. During the tutorials students are assisted by the teacher in designing and implementing their

highly applicable field study. These will be presented at the end of the course.

Knowledge and application skills learned during this course is highly recommended to future strategists,

leaders, entrepreneurs and management consultants.

Onderwijsvorm

Lecturers, Tutorials, Presentations, Web-based fluency training, Web-based Performance Improvement

Plan for changing a specified Performance indicator

Toetsvorm

Your grade for this course will be formed of three components:

Exam (60% of the final grade)

Optimizer program finished (30% of the grade)

Presentations (10%)

Literatuur

Daniels, A.C. (2016, 3rd ed.). Bringing out the best in people. New York: McGraw-Hill.

Pagina | 18

Research Seminar I

Vakcode EQ_BA_RS1

Periode Periode 6

Credits 3.0

Voertaal Nederlands


Coördinator Dr. A.C. Smit

Examinator Dr. A.C. Smit

Niveau 400

Doel vak

After having completed Research Seminar I, students are able to:

• give an overview of the different research designs and strategies;

• critically evaluate research designs from existing studies;

• make informed design decisions for setting up their own research.

Inhoud vak

To achieve these objectives, research experts will present state-of-the-art knowledge on quantitative

and qualitative research designs. Topics discussed during these lectures are:

• overview of different research approaches, strategies and methods (qualitative, quantitative, mixed

methods);

• advantages, disadvantages, validity issues and trade-offs in research design;

• the link between research designs and research questions.

Onderwijsvorm

Lectures

Toetsvorm

Essay (individual assessment)

Literatuur

Prescribed methodological literature

The course assumes that you have already had an entry-level course on research design in which you

obtained a basic understanding of different research designs. If you feel that you need to ‘brush up’

your knowledge or if you haven’t had an entrylevel course on research design, then we recommend

you to read Saunders et al. (2012). This book should be available at the VU book store and/or at the

VU library.

Saunders, Lewis, & Thornhill (2012). Research methods for business students, 6th (or later) Edition.

Edinburgh: Pearson Education/Prentice Hall.

Aanbevolen kennis

Basic knowledge of research methodology

Pagina | 19

Research Seminar II

Vakcode EQ_BA_RS2

Periode Periode 6

Credits 3.0

Voertaal Nederlands


Coördinator Dr. A.C. Smit

Examinator Dr. A.C. Smit

Niveau 400

Doel vak

After having completed Research Seminar II, students are able to:

• give an overview of the different data collection and analysis methods;

• execute different data collection strategies and analysis methods, and interpret analysis results;

• make informed data collection and analysis decisions for setting up their own research.

Content

Inhoud vak

To achieve these objectives, research experts will present state-of-the-art knowledge on quantitative

and qualitative data collection and analysis methods.

Topics discussed during these lectures are:

• overview of different data collection strategies and analysis methods (for qualitative, quantitative,

and mixed method research designs);

• reduction, structuring and interpretation of analysis results;

• academic reporting, especially with respect to the ‘data and methods’ and ‘results’ sections in an

academic paper.

Onderwijsvorm

Lectures

Toetsvorm

Individual assignment quantitative data analysis (50%)

Individual assignment research proposal and qualitative data analysis (50%)

Literatuur

Bansal, P., & Corley, K. (2012). Publishing in AMJ--Part 7: What's Different about Qualitative Research?

Academy of Management Journal, 55(3), 509-513. doi:10.5465/amj.2012.4003

Eriksson, P., & Kovalainen, A. (2008). Qualitative Methods in Business Research. London: Sage

Publications Ltd.

Field, A. (2009). Discovering Statistics Using SPSS (3rd ed.). London: SAGE Publications Ltd.

Geletkanycz, M., & Tepper, B. J. (2012). Publishing in AMJ--Part 6: Discussing the Implications.

Academy of Management Journal, 55(2), 256-260. doi:10.5465/amj.2012.4002

Grant, A. M., & Pollock, T. G. (2011). Publishing in AMJ--Part 3: Setting the Hook. Academy of

Management Journal, 54(5), 873-879. doi:10.5465/amj.2011.4000

Zhang, & Shaw, J. D. (2012). Publishing in AMJ--Part 5: Crafting the Methods and Results. Academy

of Management Journal, 55(1), 8-12. doi:10.5465/amj.2012.4001

Vereisten voor deelname

Research Seminar I afgerond

Pagina | 20

Opmerkingen

For students that need to brush-up their basic SPSS skills, a preparatory assignment is available via

Canvas. The focus in this assignment is on performing some basic tasks in SPSS. Mastering these

basics is necessary to be able to work on the first assignment during the first lecture, and later at one’s

own convenience. Chapters 1-5 of Field (2009) provide the necessary background reading. In these

chapters, the link is made between the different statistical procedures that have been explained earlier

in the M&T Atelier (see also Section 5).

Thesis

Vakcode EQ-BA-THS

Periode Ac. Jaar (september)

Credits 15.0

Voertaal Nederlands


Coördinator drs. F.E.J.M. Derksen

Examinator drs. F.E.J.M. Derksen

Niveau 500

Pagina | 21

Valuation & Corporate Governance

Vakcode EQ_BA_VCG

Periode Periode 5

Credits 6.0

Voertaal Nederlands


Coördinator Dr. M. Altieri

Dr. M. Millone

Examinator Dr. M. Altieri

Dr. M. Millone

Niveau 400

Doel vak

This course has two main learning objectives

1. Extending knowledge about valuation, corporate finance and corporate governance

2. Applying relevant concepts in real life cases

After following this course, you:

1. Understand the concepts in economic terms, including their strengths and limitations

2. Understand the unique features of each concept and interrelationship between different concepts

3. Have quantitative skills to apply these basic concepts

4. Are able to choose between various concepts (tool box) and apply them in specific real life cases

Inhoud vak

This course elaborates on the course Advanced Corporate Financial Management. It contains three

parts corporate governance, corporate valuation and the market for corporate control (private equity

and mergers and acquisitions.

Corporate governance

This part gives a broad overview of corporate governance theories, both from an economic and from a

legal perspective. It links governance systems and economic behavior and firm performance. Subtopics

are

• the empirical evidence over the impact of good or bad governance on operational performance of

firms, on stock prices and on stock returns.

• the conceptual problems underlying the need for the design of appropriate governance codes, and

the functioning of the main governance mechanisms.

• the debate underlying the 'Shareholders' vs. the 'Stakeholders' society.

Corporate valuation (transactional value)

This part introduces you to the state of the art valuation theories and methodologies. Subtopics are:

• value drivers of the firm, return on invested capital and growth

• financial statement analysis, computing free cash flows

• discounted cash flow valuation, analysing historical cash flows and forecasting

• multiple valuation, using comparable firm value

• the value of corporate social responsibility

Market for corporate control:

In this section, we will put together the concepts explored in the previous two parts to analyze the market

for corporate control. We will focus in particular on private equity and mergers and acquisitions.

Pagina | 22

Onderwijsvorm

Lectures

Toetsvorm

Written exam (50%)

Presentation (35%)

Discussion (15%)

Literatuur

Corporate Finance, Jonathan Berk and Peter DeMarzo (4 edition).

Additional (compulsory) material (provided by the lecturer):

La Porta, R., Lopez-de-Silanes, F., 1999. Corporate Ownership Around the World, Journal of Finance

Faccio, M., and L. Lang, 2002, The Ultimate Ownership of Western European Corporations, Journal of

Financial Economics 65, 365-295.

Claessens, S., S. Djankov, and L. Lang, 2000, The Separation of Ownership and Control in East Asian

Corporations, Journal of Financial Economics 58, 81-112

Hwang and Kim (2009), It Pays to Have Friends, Journal of Financial Economics 93, 138-158

Krüger, P. (2015). Corporate goodness and shareholder wealth. Journal of financial economics, 115(2),

304-329

Krüger, P., Landier, A., & Thesmar, D. (2015). The WACC fallacy: The real effects of using a unique

discount rate. The Journal of Finance, 70(3), 1253-1285.

Gompers, P., Kaplan, S. N., & Mukharlyamov, V. (2016). What do private equity firms say they do?.

Journal of Financial Economics, 121(3), 449-476.

Porter, M. E., & Kramer, M. R. (2019). Creating shared value. In Managing Sustainable Business (pp.

327-350). Springer, Dordrecht.

Documents

Business Administration - MSc (parttime)Vrije Universiteit Amsterdam - School of Business and Economics - M Business Administration (deeltijd) –2018-2019 II Het deeltijdprogramma