Award in Essentials of Management 1

The Award in Essentials of Management 1 is an EQF/MQF Level 5 course accredited with 1 ECTS credit. The course will provide tools and necessary knowledge and the skill in applying management practices which would help grow and manage a business. It is based on current best practices, which we ourselves apply in the consultancy roles in applying management practices in different organisations. Particularly, the course deals with the four key functions of management, developing and using a business plan, project management and quality management. The course is delivered fully online typically over a period of 1 week (up to 4 weeks).

Sessions Covered:

• Session 1 – Planning
• Session 2 – Control
• Session 3 – Organising
• Session 4 – Leadership
• Session 5 – Market Segmentation and Positioning
• Session 6 – Developing & Using a Business Plan

Hours of Total Learning for this module:

• Contact Hours: 6
• Self-Study Hours: 18
• Assessment Hours: 1
• Total Learning Hours: 25

Learning Outcomes:

At the end of the module/unit the learner will have acquired the following skills:

1. Use planning models in defining the mission of business units.
2. Use management control systems to ensure compliance with an organisation’s strategy and risk tolerance.
3. Adopt a strategic perspective in setting the direction for operations.
4. Adopt market segmentation techniques in defining strategies to achieve  desired market position.

Each module will be assessed based on the following components:

1. 6 Self-Assessment Tests: 60%
   • The Self-Assessment tests consists of a data bank of questions typically true or false and multiple choice, from which a randomised selection is provided to the student. Negative marking is used to discourage the students from trying to guess the answers. Students have a maximum of three attempts to pass each Self-Assessment Test.
2. Module Evaluation question: 40%
   • This is an essay style question which must be completed on the eLearning platform.

Passing Criteria:

• Students must achieve an aggregate of 50% or higher across the two components to pass the module.

Scholarship Schemes for Maltese residents:

• MySkills Scheme: Malta residents are eligible for up to 80% reimbursement, capped at €5,000, subject to eligibility criteria. International students would be able to apply for the MySkills Scheme once they obtain their Student Temporary Residence Card (TRC). (For individual modules only)
• Get Qualified Scheme ( Scheme available for Maltese residents ) – 70% refund of course fee as a tax rebate