MMM121-Understanding Emerging Markets

Module Provider: International Business and Strategy
Number of credits: 20 [10 ECTS credits]
Terms in which taught: Spring term module
Non-modular pre-requisites:
Modules excluded:
Current from: 2018/9

Module Convenor: Dr Jong Min Lee


Type of module:

Summary module description:
The module aims to provide an understanding of emerging markets and the nature of business in these economies. Students will learn about the macro, meso and micro level of emerging markets. The focus will be on regional differences, the management of MNEs and EMNEs as well as the impact of governments and global institutions such as the World Trade Organization.

The module aims to explore and understand emerging markets and provides detailed information on the management of firms within this context (MNEs from emerging markets and MNEs operating in emerging markets). It provides insights on regional differences, the impact of global institutions and governmental regulations as well as opportunities but also (managerial) challenges when operating in emerging markets.

Assessable learning outcomes:
By the end of the module students should be able to:
- Describe the characteristics of emerging markets on a macro, meso and micro level
- Discuss theoretical concepts, models, and frameworks that help understanding or challenge the concept of emerging market economies
- Debate the managerial issues related to managing firms in emerging markets and from emerging markets

Additional outcomes:
Despite gaining context knowledge, students will learn to work collaboratively in groups, under time pressure and as individual researchers (e.g. making strategic decisions on the organisation of own work). Moreover, generic skills for future employment and professional development are gained such as critical thinking and analytical skills, commercial awareness, as well as integration, communication and presentation skills.

Outline content:
- Global changes and emerging markets
- Macroeconomic indicators in emerging markets
- Regions: Asia, Africa, Latin America
- Governments and institutions in emerging markets
- MNEs in emerging markets
- Emerging market MNEs

Brief description of teaching and learning methods:
Detailed guidance on the main topics of the syllabus and key references are provided in 10x2 hour lectures, questions and discussions. Students are required to do a significant amount of reading of journal articles, chapters of books, statistical sources and websites of national and international organisations.

Contact hours:
  Autumn Spring Summer
Lectures 20
Seminars 1.5
Guided independent study 178.5
Total hours by term 200.00
Total hours for module 200.00

Summative Assessment Methods:
Method Percentage
Written exam 50
Project output other than dissertation 50

Summative assessment- Examinations:
One 2-hour unseen written paper.

Summative assessment- Coursework and in-class tests:

One assignment

Upper limit of word count: A word count of 10% excess is allowed for the written assignment essay. Exceeding the word count will attract a penalty whereby written work beyond the 10% excess is discounted in the grading of the assignment.

Submission date: 31 March

Formative assessment methods:

Penalties for late submission:
Penalties for late submission on this module are in accordance with the University policy. Please refer to page 5 of the Postgraduate Guide to Assessment for further information:

Assessment requirements for a pass:
The pass mark is 50%+.
The merit mark is 60%+.
The distinction mark is 70%+.

Reassessment arrangements:
By examination only (one 2-hour unseen written paper) in August/September. Coursework will not be included in the re-assessment.

Additional Costs (specified where applicable):

Last updated: 20 April 2018


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