Łódź, Poland

Management and Finance

Bachelor's
Language: EnglishStudies in English
Subject area: economy and administration
Kind of studies: full-time studies
  • Description:

  • pl
1 st cycle (bachelor) study programme is a comprehensive programme designed to suit the needs of future management support and entrepreneurs support specialists. The programme enables students to acquire knowledge in the field of management methods and techniques, and graduates acquire qualifications and skills useful for supporting management functions an enterprise. Its aim is to create high - potential specialists capable of working effectively in global business regardless of the situation, business location or culture. Students learn and train how to recognize and define business problems and how to address them with different methods and techniques to manage processes in a company.

The Bachelor in Business Management programme as of academic year 2011/2012 has been experiencing new changes. The changes have been necessitated by our desire to benchmark current trends in the world of management, and management education. The new course structure offers a holistic approach to management and reaffirms our aims of creating high potential specialists who are capable of work ing in every business environment.
University website: en.uni.lodz.pl
Finance
Finance is a field that deals with the study of investments. It includes the dynamics of assets and liabilities over time under conditions of different degrees of uncertainties and risks. Finance can also be defined as the science of money management. Market participants aim to price assets based on their risk level, fundamental value, and their expected rate of return. Finance can be broken into three sub-categories: public finance, corporate finance and personal finance.
Management
Management (or managing) is the administration of an organization, whether it is a business, a not-for-profit organization, or government body. Management includes the activities of setting the strategy of an organization and coordinating the efforts of its employees (or of volunteers) to accomplish its objectives through the application of available resources, such as financial, natural, technological, and human resources. The term "management" may also refer to those people who manage an organization.
Management
A company will get nowhere if all of the thinking is left to management.
Akio Morita (1987). Made in Japan, p. 149
Finance
Nothing in finance is more fatuous and harmful, in our opinion, than the firmly established attitude of common stock investors regarding questions of corporate management. That attitude is summed up in the phrase: "If you don't like the management, sell your stock." [...] The public owners seem to have abdicated all claim to control over the paid superintendents of their property.
Benjamin Graham, World Commodities and World Currencies (1944)
Finance
The real reason that physicians are rotten investors is that it never occurs to them that finance is a science, just like medicine.
William J. Bernstein The Four Pillars of Investing (2002), Introduction, p. ix.
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