Launched in 2009, it was intended that the Master of Business Administration (MBA) program would address the demand for professional development of senior level managers in both the public and private sectors of the Papua New Guinea (PNG) economy. Four years on, the number of graduates stands at 31 with the ratio of 19:12 in favour of the private sector. Nearly all of 31 graduates held senior management positions at the commencement of the MBA program and most of them got promoted to higher levels of responsibility upon graduation. There is clear evidence that the MBA program is fulfilling its purpose and intent, albeit gradually.
Papua New Guinea has a current, and on-going, demand for highly qualified professional managers to continue the country’s social and economic development. This requires in-depth and applicable knowledge, a professional attitude and ethical decision-making capability. Papua New Guinea's socio-economic development is faced with many challenges. Although economic growth is being boosted by the LNG oil and gas project, the realities associated with poor quality of general education and health-care facilities, infrastructure, and law and order challenges require knowledgeable managers who can lead, re-align and innovate. Modern theories and international best practices in accounting, economics, finance, business law, human resource management, marketing management, organisational behaviour, cross-cultural management, business analytics, strategic management and ethical leadership hold the key to professional transformation of the higher level workforce in PNG. The executive manager who is not computer literate and not quant literate is a liability to his/her organisation. The MBA program is designed to address such concerns.
The graduates of the DWU MBA program will be the change agents in transforming the workplace into a new generation of lead public administrators and private sector CEOs. They will lead by example to reorientate the workforce towards enhanced ethical values and in turn contribute towards the elimination of corrupt practices. The outcome will be enhanced productivity of employees.
This program is targeted at experienced (minimum of five years managerial experience) senior managers who would benefit from the study of management theory and international best practice with regard to the management of people, markets, and money. The DWU MBA program is gaining popularity among the senior to executive level managers. The program is offered in block mode with each unit taking 40 hours split over two weekends between Friday and Sunday. There are twelve units in total and students can take three units per semester and be able to complete the program in two years.
Program Code: MBA
One of key defining features of the DWU MBA program is its core requirement of the study of ethical decision-making and professionalism. This focus on ethics will both be taught directly in the Ethical Leadership unit and be infused in each unit where the ethical dimensions of managerial decision-making will be considered when making marketing, financial, and human resource management decisions.
The main aim of the MBA program is to develop new breed managers for public and private sector organisations in Papua New Guinea who have the knowledge, skills and attitudes to work towards sustainable development of the country. Specifically the University aims to initiate and maintain the offering of high-quality and innovative postgraduate programs in business and public administration that will educate/train the next generation of leaders in Papua New Guinea. The expected outcomes of the MBA program are:
- • The MBA program is recognised to be the premier MBA program in Papua New Guinea
- • The graduates from the MBA program demonstrate ethical leadership underpinned by sound theoretical and socially responsible management best practice in the workplace in Papua New Guinea and elsewhere in the world where their careers may take them.
Program offered fulltime at DWU Port Moresby Campus. Each year is divided into two semesters. A student is expected to take three units per semester. Each unit is delivered over two weekends. Students may commence the program at the start date of any unit except MB614 for which MB607 and MB610 are pre-requisites. A student who wishes to take more than three units per semester is advised to discuss their plan with the MBA coordinator and obtain approval of the Dean of the Faculty. All 12 units must be completed in order to qualify for the award of MBA. Exit points serve to facilitate an individual’s unavoidable circumstance.
This program is targeted to practising managers with at least five years of managerial experience. Direct entry to the MBA would require a good undergraduate degree (with grade-point average of 3.3 or higher) plus demonstrated maturity in managerial practice.
In order to register applicants are required to comply with the following;
• Completed Application Form
• Two completed Referee’s Reports
• Certified copy of Degree Certificate
• Two passport size photographs
• Application fee PGK200
(Deposit to Bank South Pacific Account No. 1001129000; attach original of deposit slip to the application form; retain a copy for your records)
The application package needs to be submitted to the Assistant Registrar at the Divine Word University campus in Port Moresby.
MB607 Accounting Foundations - Credit Points 10
This unit provides the students with the necessary skills to understand the nature and application of the basic accounting equation of A = L + OE. All accounting transactions must conform to this equation. Students are introduced to the concepts and rules governing the identification, measurement, recording and reporting of accounting events and transactions. In the context of sole trader, partnership and company structures are also examined. On completion of this unit, students should be able to analyse economic events and be able to prepare financial records and reports based on these events.
MB610 Management Accounting - Credit Points 10
The fundamental of any management accounting system in organization is to provide appropriate information for the costing of products and services:
- • Support functions - planning, controlling, evaluation, continuous improvement, and decision making;
- • Competitive support - focuses on the provision of both financial and non-financial services to the management team to enhance the firm’s competitiveness.
MB612 Information and Decision Analysis - Credit Points 10
This unit is an introduction to decision technology and its applications in the firm. The unit covers introductory quantitative skills, data analysis, and the development of computer modeling analyses for both strategic planning and tactical decision making. It also covers the efficient use of computing resources to enhance the effectiveness of management.
MB613 Marketing Management - Credit Points 10
Marketing is a business discipline which involves amongst other things an understanding of the choices of the ‘products’ and ‘markets’ within which the firm will operate. Consequently, marketing performs a critical function in the management of modern organisations and in shaping their strategic directions and ultimate profitability. In this sense, “marketing” means more than the popular traditional “managerial” concerns of advertising and personal selling. Furthermore, in recent years, there has developed a growing awareness of the importance of marketing in emerging “non-traditional” areas such as the service, public and non-profit sectors. The influence of new technology, particularly information technology and the internet is also a potentially important “driver of change” in marketing. These themes, and others, will be explored in this unit.
MB614 Financial Management - Credit Points 10
Pre-requisites: MB607, MB610
This unit introduces the fundamental concepts of finance theory and tools of financial decision making in the context of institutional environment. These concepts relate primarily to the time value of money, risk and return, capital budgeting and capital structure. The unit’s purpose is to develop an understanding of the basic practices of financial management from the perspective of a firm (both large and small). Students examine the investment, financing and dividend decisions of corporations.
MB615 Organisational Behaviour - Credit Points 10
The course will provide an overview of organizational behaviour theory, within the context of external and organizational forces that impact management. As well the course introduces you to the practical application of organizational theory in managing human resources. Through individual reading of the text, you will learn the theoretical basis of managing people in organizations; through in-class case analysis, experiential exercises and self-assessments, you will have the opportunity to identify and use the skills required to apply theoretical concepts. Key topics include individual factors, such as personality and perception; organizational processes, such as performance practices, communication, conflict and negotiation management; and contextual issues, such as organizational culture and change. Having the knowledge and skills how to design and change organizations is more critical today than it has been in the past.
MB617 Business Law - Credit Points 10
This unit offering will cover basic principles or requirements of PNG business law that those who hold or will hold leadership positions in management would need to have a working knowledge of. The offering is limited to those basic principles or requirements of business law that (if known) will guide a person who holds such a position to make decisions that will better manage law related risks in a business or public sector environment.
Basic principles or requirements of PNG business law to be covered will be in the areas of:
• contract law
• company law
• trust arrangements
• banking law
• land related law
• tax (including stamp duty)
• statutory certifications and approval
This unit offering will also cover the basic anatomy of a commercial transaction. It will end with drawing attention to issues that one must be familiar with when transacting with the State and its agencies and instrumentalities.
The unit covers all of the major principles of economics but its focus throughout is firmly applying these economic principles to the real world of business.
MB619 Human Resource Management - Credit Points 10
This unit explores the issues and choices confronting organisations in regard to the management of people. A central focus is the relationship of human resource management, equity and workplace performance. The unit identifies and analyses a range of factors which influence attitudes toward the management of people and experience at work. It examines, amongst other things, recruitment and selection, performance management, training, equal opportunity and health and safety.
MB620 Cross- Cultural Management - Credit Points 10
In essence, the unit considers the issues and problems of managing in different cultures, in particular at the ‘people problems’ that invariably arise in international business relationships. Failure on the part of managers to appreciate and deal with the differences in attitudes, values and behaviour of those with whom they interact in international business transactions consistently has been shown to be a major source of difficulties. The unit involves marrying theories and concepts from the broad fields of ‘culture’ and ‘international business’ and applying them to problems typically confronted by managers involved in international business.
MB621 Strategic Management - Credit Points 10
This unit deals with the foundations of the firm's competitive strategy. It covers a range of strategic management issues including industry analysis, strategy based on internal capabilities, business-level competitive strategy and strategy implementation. In the 21st Century the traditional ways of measuring an organisation's value are continuing to change. Value used to be measured predominantly by revenue, profit, P/E multiples and assets. In the new century an organisation's value is increasingly (and in many cases solely) measured by the strength of its brand, the quality of relationships with suppliers, the quality of relationships with customers, its alliances (web and non-web) and, crucially, its marketing, business unit and corporate strategies.
There are few “universal solutions” in the field of strategic management. What we have are different perspectives and lenses which can help in analysing situations, forming judgments, developing sensitivities to issues, and in laying bets that may have above average chances of success. The unit is designed to expose the student to some of the competing perspectives on strategic management and to challenge the candidate to define and develop his/her own approach for dealing with complex problems in the context of high uncertainty, inadequate power and poor information.
MB639 Ethical Leadership - Credit Points 10
This unit explores ethics and philosophy of human acts as foundations of management thought and action. In today’s business many CEOs need to know what the signs are that an organization is getting it right and addressing the most important dimensions of managing ethics, creating ethical culture and an ethical organization. This unit is designed to assist students to think ethically. Making good business decisions requires a trained sensitivity to ethical issues and a practiced method for exploring the ethical aspects of a decision and weighing the considerations that should impact on the choice of a course of action in any organization. Having a method for ethical decision-making in any organization is absolutely essential in today’s business world. This unit will assist students to create a framework for ethical decision-making as a useful process for exploring ethical dilemmas and identifying ethical courses of action in PNG’s complex culturally diverse context. This unit will examine theories of what an ethical community, an ethical business, an ethical government or an ethical society should be. It will make inquiries into different levels of humans acting ethically as individuals, creating an ethical culture and organizations or governments and making the PNG society as a whole ethically in the way it does business
MN609 Applied Research and Evaluation Methods - Credit Points 10
Contact Hours: 36
This unit is intended to be taken by students who have successful completed the Master of Business Administration program and who seek articulation to the Master of Professional Accounting program at Divine Word University.
Organizational credibility, community trust, and fundraising are increasingly dependent upon demonstration of program effectiveness and success. This unit introduces research and evaluation methods in the public, private, and nonprofit sectors. Key components of Action Research, as participatory applied research will be covered and opportunities given to participants to investigate the various research methods and techniques required for workplace learning. Participants will examine models, quantitative metrics, and tools used to evaluate programs and policies; legal and ethical issues associated with research and evaluation methods; and the strengths, limitations, and threats to validity. Participants will critically evaluate sample research using these parameters and apply these principles through various case analysis related to the nature of their work. As a final outcome, participants will write a research proposal.
MN610 Applied Research Project - Credit Points 10
Contact Hours: 36
This unit provides participants with an opportunity to integrate learning from earlier units in the program, especially MN609, by engaging in and producing an applied research project. Participants will apply the techniques and principles of Action Research, which will require them to select an aspect of their organization and reflect on their workplace practices. They will then apply the research methodologies covered earlier to conduct their research, which will culminate in an actual project. The project may focus on governance, policy, or leadership and management in either the public or nonprofit sectors or take a cross-sector comparative perspective, so long as it is directly related to the nature of their work and will be of benefit in the future.