Operational Audit allows the assessment and evaluation activities and process of the enterprise. The students will determine the roles of auditors in influencing management to achieve operational excellence. The students should also have acquired a good knowledge of concepts and models relevant to operations auditing. Furthermore , the student should be able to analyze an Organization with focus on risk exposure and internal-control-proposing how the internal auditing process should be designed. They will also learn how to employ various methods, tools, skill to collect and analyze operational operation and data, identify causes of operational issues and risk exposures, and develop solutions to enhance the operational performance of business activities, processes, and/or resources deployed across the organization.
Business managers must be able to analyze the economic environments in which the business operates, and understand how decisions can be reached by considering different economic constraints. The course equips the students with a thorough understanding of the demand, supply and competitive markets; market power and pricing strategies; game theory and strategic thinking; uncertainty and information; and market failures. Through their answers in the guide questions, learners are expected to apply the concepts learned by presenting solutions to problem sets and case studies.