Łódź, Poland

Master of Business Studies

Master's
Table of contents
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⇑Master of Business Studies at PŁ

Language: EnglishStudies in English
Subject area: economy and administration
Kind of studies: full-time studies
University website: www.p.lodz.pl/en

⇑Test: Is Master of Business Studies the right fit for you?

business-graduates-discussing-printed-charts-at-a-meeting-table

10 questions · two minutes

1. A company’s sales are stable, but profits keep falling. How do you find out why?

2. How do you feel about reading balance sheets, income statements and cash flow reports?

3. You present a strategy for a case company to a panel playing the board. How do you prepare?

4. Two experienced team members disagree strongly about a project’s direction. What do you do?

5. How do you feel about designing a survey and analysing the results statistically for your thesis?

6. The programme is taught in English, and you’ll work on business cases with students from many countries. How do you feel about that?

7. A company wants to enter a new foreign market. What would you look at first?

8. Your manager suggests cutting costs in a way that would hurt customers or employees. How do you react?

9. How do you see digital transformation in companies – automation, data and new business models?

10. What motivates you most to pursue a Master’s degree in Master of Business Studies?

⇑Definitions and quotes

Business
Business is the activity of making one's living or making money by producing or buying and selling goods or services. Simply put, it is "any activity or enterprise entered into for profit. It does not mean it is a company, a corporation, partnership, or have any such formal organization, but it can range from a street peddler to General Motors." The term is also often used colloquially (but not by lawyers or public officials) to refer to a company, but this article will not deal with that sense of the word.
Business Studies
Business Studies is an academic subject taught in schools and at university level in many countries. Its study combines elements of accountancy, finance, marketing, organizational studies and economics. Business Studies is a broad subject in the Social Sciences, allowing the in-depth study of a range of specialties such as accountancy, finance, organisation, human resources management and marketing.
Business
I never can make out how it is that a knight-errant does not expect to be paid for his trouble, but a peddler-errant always does.
John Ruskin, The Crown of Wild Olive: Three Lectures on Work, Traffic, War (1866), p. 127.
Business
Somewhere in the past. organizations were quite simple, and 'doing business' consisted of buying raw material from suppliers, converting into products, and selling it to customers... For the most part owner-entrepreneurs founded such simple business and worked along with members of their families. The family-dominated business still accounts for a large portion of the business start today.
R. Edward Freeman (2007) Strategic Management: A Stakeholder Approach p. 5
Business
However successful a man may be in his own business, if he turns from that and engages ill a business which he don't understand, he is like Samson when shorn of his locks his strength has departed, and he becomes like other men.
P. T. Barnum, 'Beware of Outside Operations', The Art of Money Getting (1880).
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