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Strategic Investment Decisions

Dr Anna Wojewnik-Filipkowska

Katedra Inwestycji

wojewnik@wzr.ug.edu.pl

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http://inwestycje.wzr.pl/dokumenty.php

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Real-Life Business Projects (RePro)

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Why?

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Emphasis in professional education is put on skills for learning and high-

level professional knowledge.

This means that acquiring knowledge and its application in a real

international context has become increasingly relevant.

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How?

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RePro stands for Real-life Problems that the industry world experiences and students reconstruct in the classroom.

Learning is as an open-ended process requiring active engagement from the learner’s part.

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Student-centered learning is based on student’s own motivation and needs for learning.

Teacher’s role is to facilitate the planning, and provide guidance, feedback and evaluation of the student learning based on the particular learning needs and abilities of students.

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The underlying idea in this learning method is that learning becomes deeper when the subject is more relevant to the students’ interests and aspirations and when they are given the opportunity to actively engage in the creation of their knowledge.

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What?

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Any company of your team choice!

Research

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Soft skills training!

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The session steps

When working on problem in a group it is highly recommended to use the seven following steps to achieve the best results in view of learning:

These steps are: clarifying terms and concepts defining the problem analyzing the problem defining and formulating the goals brainstorming reporting and integration

It is also recommended to choose a team leader to coordinate the team work and secretary to make notes which should be distributed among all team members (e.g. via e-mail).

Remember! Work as a team and share and integrate tasks and knowledge!

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Real-Life Business ProjectTEAMS

Self selected by students?

Preselected by the teacher?

Teacher selection after student preferences?

YOU DECIDE

Team + case study along your interest

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Outcomes!And not only…

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Learning outcomes Assesment criteria Assesment method

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Learning outcomes

Recommendation of investment strategy

for chosen company with justification

in terms of emerging environment

and market trends

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Assesment criteria

effective self managed and autonomous learning

using a wide range of sources of theory conclusions and recommendations quality of written documents, presentations, depth of knowledge skills and capabilities developed, especially

team work

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Assesment method

Assessment of written documents (final report), observation of presentations (company introduction, plan of research, final presentation), interview and discussion.

In the case of group work all students will receive the same grade unless a case for a different distribution is made to me in writing at the time of submission of evidence of achievements.

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Scale of grading

Very good (5)

Good (4)

Satisfactory (3)

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Final grading

single sessions evaluation 50% seminar presentations (company presentation and

research plan presentation) well prepared relevant answers, several

approaches and opinions participation and contribution good team work, encouragement of silent

members, listening, sharing, communication, dialog ect.

case final reports 50%

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Theoetical background!

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Porter, ME: Competitive strategy. Methods of analysis of sectors and competitors, PWE, Warsaw 1992

Damodaran A., Corporate Finance Theory & Practice, John Wiley & Sons 2001.

Richard A. Brealey, Stewart C., Fundamentals of Corporate Finance, McGraw-Hill 2003.

Irwin R. D., Strategic Management: Concepts and Cases (9th edition), 1995.

Gierszewska G., Romanowska M., Analiza strategiczna przedsiębiorstwa, PWE Warszawa 1997.

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Triple assesment!

Self assesment

Peer assesment

Teacher assesment

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To sum up

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1. STUDENT ENGAGEMENT

2. LEARNING ENVIRONMENT

3. INTERACTIVE REAL LIFE CONTEXT

4. MULTIDISCIPLINARY PROBLEM SOLVING

5. LEARNING AS A CONTINUOUS PROCESS

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1Introduction to case studies, team creation, task shearing.

2Company presentation and presentation of basic tools for strategic analysis. Discussion of research plan.

3Research plan presentation.

4Team research - environment and company diagnosis from investment point of view– conduction of proper

strategic analysis.

5Integration of knowledge – preparation to company investment strategy identification, assessment and

recommendation based on conducted analysis.

6Report preparation (written document):1. Brief company introduction and general data actualization. 2. Investment strategy analysis - identification.3. Assessment of current investment strategy.4. Recommendation

a. market justification b. investment strategy c. main financing sources for strategic investmentd. key risk identification of strategic investment

5. Final conclusions and summary.

7Class presentation (power point) + report. Discussion.

8Feedback and grading.

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Strategic investment decisions 01 Today: Team creation Team roles Discuss over

company selection – brainstorming

02 Next seminar:

1. Company and tools presentation

2. Discussion over plan of research

3. Final aim: recommendation of investment strategy for chosen company with justification