International Student Office – Strathmore University Business School

Introduction

The International Student Office (ISO) in Strathmore is committed to helping incoming exchange students make the most of their stay on campus.

Arrival in a foreign country and getting used to a new environment can be very challenging.

The ISO creates a good environment that will assist the foreign student to adopt easily with little challenges.

Living Costs Estimations

Students are responsible for their own accommodation and living expenses. Strathmore University provides information and advice about the different types of housing available.

However, each student is responsible for making their own housing arrangements.

Tuition fees are waived for exchange students based on our institutional agreements.

Approximate living costs are as follows:

1. Off-Campus accommodation

  • Renting a hostel – KSh 30,000 per month not including food

2. Meals

  • Breakfast: KSh 6,000 per month
  • Lunch: KSh 8,000 per month
  • Dinner: KSh 15,000 per month
  • Total food expense per month totals to Ksh 29,000 per month

3. Transportation

  • Public transportation KSh 5,000 per month. This will depend on how far you will be from the university.

4. Miscellaneous Expenses

Students should also be prepared for any costs related to transportation, personal travel, shopping, etc. This amount will change greatly for everyone depending on personal spending habits.

Course Description

BCM 3101: Entrepreneurship Skills

Course Description

  • To equip students with entrepreneurial skills.
  • By the end of the course, the learner should be able to:
    • Discuss and analyze the theories of Entrepreneurship
    • Identify and discuss the forms of business and design a business plan
    • Discuss the rewards and challenges faced by entrepreneurs
The core focus of our customised solutions is on delivering tailored consulting processes that address specific client needs.

BCM 3102: Management Accounting II

Course Description

  • To enable students manage the organizations’ performances by applying advanced decision-making techniques.
  • By the end of the course, the learner should be able to:
    • Describe the basic concepts and techniques of management accounting
    • Apply the principles to decision-making
    • Perform advanced cost-volume-profit analysis and variance analysis
    • Explain pricing decisions, responsibility accounting and transfer pricing

BBT 3111: Business Information Systems

Course Description

  • To provide students with a framework of knowledge and skills relevant to the construction, utilization of and management of information systems in organizations.
  • By the end of the course, the learner should be able to:
    • Explain systems and management concepts and their relevance to information systems
    • Explain the strategic role of information systems in the organization
    • Explain the use of Enterprise Resource Planning Systems
    • Post transactions using an ERP in its Sales to Cash, Procure to Pay and Inventory Management components

BCM 3201: Organisational Theory

Course Description

  • This course is intended to equip learners with the tools to understand and evaluate individual, group and organizational processes.
  • At the end of this course, the learner should be able to:
    • Describe how organization are structured within the context of the larger social, political and economic environment
    • Describe and assess the basic design elements of organizational structure and evaluate their impact on employees
    • Analyze how organizational theory may contribute towards improving the design and management of organizations
    • Analyze individual and group behavior and understand the implications of organizational behavior on the process of management
    • Identify different motivational theories
    • Evaluate different motivational strategies used in a variety of organizational settings
It focuses on the structural aspects of organizational and on the relationship between structure and behavior.

BCF 3101: Real Estate Finance

Course Description

  • To enable learners to identify special problems and get solutions of financing real estates and mortgage finance businesses.
  • By the end of the course, the learner should be able to:
    • Explain the legal terminology used in the real estate financing, securities and markets
    • Explain the procedures for mortgage loan processing and termination
    • Evaluate the cash flow patterns associated with various real estate mortgage plans, value real estates, both in the commercial and the residential property markets
    • Discuss construction, management and regulations pertaining to real estate business
The course exposes learners to the techniques of real estate valuation and the common methods of financing real estate developments.

BCF 3102: Financial Statement Analysis

Course Description

  • To enable learners use modern tools and methods to analyse financial data and apply forecasting techniques in planning and decision making.
  • By the end of the course, the learner should be able to:
    • Describe traditional assumptions underlying financial statement analysis
    • Prepare and use financial ratios to evaluate liquidity and profitability
    • Assess the financial performance of firms and to contrast this performance with that of other firms
    • Identify the uses of financial analysis in the commercial loan function and the investment function
    • Apply financial analysis techniques in the financial services industry, other specialized industries, and for individuals

BCA 3101: Financial Reporting

Course Description

  • This course is designed to develop knowledge and skills in understanding and applying financial reporting framework in the preparation of financial statements of specialized entities.
  • By the end of this course, participants should be able to:
    • Prepare and present published financial statements for financial institutions
    • Prepare and present partnership, branch and public sector accounts
    • Prepare accounts for specialized activities/entities

MKT 3101: Consumer Behaviour

Course Description

  • This course is designed to enable marketing students understand the consumer behaviour principles, models of consumer decision making and assess factors that influence consumer needs and motivations. It will also highlight the impact of digital revolution of consumer behaviour, in an attempt to examine the universality of consumer behaviour.  Considering that everyone living in the society is a consumer, social and cultural dimensions of consumer behaviour will be discussed.
  • At the end of the course, the student should:
    • Understand consumer diversity
    • Appreciate the impact of personality, perception, learning and attitude of consumer behavior
    • Appreciate the impact of group dynamics such as family, social class, culture and sub-culture on consumer behavior
    • Understand the consumer’s decision-making process
Communication as a bridge between individuals and the world around them will be covered, with a focus on the effective use of persuasion.

MKT 3102: Marketing Research

Course Description

  • This course is expected to expose students to a broad understanding of the importance and uses of research in the marketing field and provide a broad understanding of the marketing research process. Students will be introduced to the marketing research types, techniques and process with the emphasis being on a marketing practitioner’s perspective
Students will be introduced to the marketing research types, techniques and process with the emphasis being on a marketing practitioner’s perspective

ENT 3101: Product Innovation  and Development

Course Description

  • This course is designed to equip the students with knowledge and tools of innovation and new Product/services development in modern organizations. It helps the students develop the skills, knowledge and attitude that are required in the development and management of innovations that develop and sustain a competitive advantage in modern organizations.
  • By the end of this course, participants should be able to understand how modern companies use the principles of innovation management and new product development to deal with competitive challenges and opportunities in the global marketplace and also to explore the crucial process of developing and managing new product development in organizations.
The students will gain an understanding of major methodologies that guide the innovation process and also understand market adoption and diffusion of an innovation.

ENT 3102: Business Planning

Course Description

  • This course prepares students to be able to prepare business plans
  • At the end of this course, the learner should be able to examine the elements of a business plan, develop a business plan, present a sample business plan

BCS 3101: Production Operations Management

Course Description

  • To provide learners with the concepts of POM that is important in the Operations Management Field
  • By the end of the course, learners should be able to:
    • Explain the production and service management strategies and processes
    • Prepare production schedules, programmes, budgets and controls
    • Explain the personnel function in production and service management
    • Discuss the role of technology in operations management
    • Explain the importance of environmental responsibility by Production/ Operation managers
    • Discuss the challenges facing Production and Operation Managers

MAT 3102: Advanced Business Statistics

Course Description

  • To equip students with advanced statistical concepts/techniques that can be used to solve management problems.
  • The course is intended to prepare the student so that he/she should be able to:
    • Correctly apply various probability distributions and interpret the results
    • Calculate confidence intervals and interpret the results
    • Correctly perform statistical tests and apply in real life situations
    • Formulate and evaluate multiple regression and correlation models

BHR 3101: Strategic Human Resources Management

Course Description

  • To enable the learner to acquire knowledge, skills and values to make strategic human resource management decisions.
  • At the end of the course, the student will be able to:
    • Describe and evaluate a range of approaches to strategy making
    • Develop an understanding of SHRM and how the Mico/Macro environment affects HR practice
    • Identify the linkages between HRM functions and operations and organizational strategies, structures and culture
    • Identify issues of Best Practice in HRM
The course will equip the learner with practical knowledge of strategies and processes of Human Resource Management and the skills necessary to function effectively as a Human Resource Specialist.

BHR 3102: Human Resource Information Systems

Course Description

  • By the end of this course, the learner should be able to:
    • Explain the application of information technology in human resource
    • Appreciate the ethical and social issues involving human resource information systems
    • Explain the use of information systems to evaluate employee’s performance

The course will provide students with an in-depth overview of essential Human Resource Management Information, modern concepts and practice in organizational assessment, analysis and deployment of modern HRMS technologies.

BCM 4102: Strategic Management

Course Description

  • To introduce students to critical business environment in order to be able to formulate, choose and implement business strategies.
  • By the end of the course, the learner should be able to conduct a strategic analysis in an organization by focusing on both the external and internal environments, examine and explain strategic choices/ options available to the organisation
The course helps to equip students with the core concepts, frameworks and techniques of strategic management.

BBT 3211: Information System Analysis and Design

Course Description

  • To introduce students to system concepts and design methodologies that can be used in setting up information systems
  • By the end of the course, the learner should be able to:
    • Describe concepts of systems theory
    • Design systems for business environments
    • Prepare simple programs
    • Explain various information systems applicable in business

BCA 4102: Advanced Financial Reporting

Course Description

  • This unit equips the learners with the knowledge, skills and attitudes that will enable them to account for complex accounting transactions and prepare advanced financial reports
  • At the end of this course, the learner should be able to:
    • Discuss and apply the conceptual and regulatory frameworks for financial reporting
    • Prepare and present published and consolidated financial statements in accordance with international accounting standards
    • Prepare financial statements for various types of organization
    • Prepare partnership accounts including dissolution, amalgamation and conversion to accompany
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BCF 4101: Investments and Portfolio Management

Course Description

  • To enable learners to appreciate the scientific techniques of security analysis and apply them in the practical evaluation of financial assets, selection and management of portfolios.
  • By the end of the course, the learner should be able to:
    • Explain the application of modern portfolio theory in portfolio selection
    • Describe the competing asset pricing models and examine their implications to portfolio choice and management
    • Relate the techniques of active and passive portfolio management to financial assets
    • Evaluate the importance of investment companies and professional asset management to the investment process
    • Describe the working of derivatives securities
    • Compute the value of options
    • Evaluate the performance of bonds and stock portfolios

MKT 4101: Sales Management

Course Description

  • This course examines the fundamental elements of the sales function.
  • At the end of the course the student should be able to:
    • Understand the origins and changing trends of personal selling
    • Discuss the role of selling and customer service within a firm and explain the steps in the sales process, and the activities involved with each step
    • Work effectively in a team on a sales project
    • Develop, deliver and critique business sales presentations
    • Prepare a written sales proposal and sales plan and know its linkage to the marketing plan
    • Apply the management functions required to manage a sales force
    • Explain the relationship between ethics, social responsibility and the sales management function
It aims to prepare students to acquire knowledge and skills required by a sales-person and sales manager operating in a highly competitive sales environment and dealing with today’s sophisticated customers.

MKT 4102: Advertising and Promotions

Course Description

  • This course will prepare students for application of advertising knowledge in the various fields of business.
  • At the end of the course the student should be able to:
    • Explain the role of Advertising and Promotions to an economy and an organisation
    • Discuss the artistic creativity and technical expertise required in advertising and promotions management
    • Explain and evaluate the basic approaches to setting the advertising budget
    • Know the various Promotional, decision areas hence be able to develop the promotional plan and strategy
    • Evaluate methods for measuring advertising effectiveness
    • Discuss the legal and ethical issues in advertising
The course will expose students to the principles, elements and strategies of managing the advertising and promotions program of a business.

ENT 4101: Entrepreneurial Leadership

Purpose of the Course

  • The objective of the course is to lead students to a mastery of leadership and to support their individual development of leadership skills and competencies which can effectively motivate and lead teams and groups of diverse and disparate individuals within their business enterprises
  • By the end of the course, the learner should be able to apply skills in management and managerial coaching, develop strategies in the decision-making process, develop negotiation skills, develop skills for managing people within teams and processes

ENT 4102: Strategic Entrepreneurship Management

Purpose of the Course

  • To equip the learners with skills to make decisions at each stage of the innovation and commercialization process: concept, product development and market execution.
  • By the end of the course, the learner should be able to:
    • Examine the strategic issues faced by new ventures as they progress through the various stages
    • Analyze strategic techniques utilized as a means to identify and analyze issues that affect enterprises
    • Explain organizational structures, processes and policies used to build and maintain an entrepreneurial culture
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BBT 4211: Computer Programming

Purpose of the Course

  • To equip students with skills necessary to operate computer systems and be able to come up with simple computer programs
  • By the end of the course, the learner should be able to explain various programming languages and concepts and sPrepare programming skills

BHR 4101: Employee Relations Management

Purpose of the Course

  • This is an introductory course to develop knowledge on employment law, collective bargaining, industrial action and an appraisal of its impact in the contemporary business environment.
  • At the end of the course, the student will be able to:
    • Explore the theoretical foundations of industrial relations and its evolution to employment relations
    • To critically analyse trade unionism and trade unions in Kenya
    • Explain the role of employer’s organizations in employment relations
    • Analyse the role of government institutions in employment relations under the Labour Institutions Act and Occupational Safety and Health Act
    • Analyse employment disputes and mode of resolution of the disputes in Kenya
    • Discuss the International Labour Organisation