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Responsible Management and Sustainable Economic Development
The MA in Responsible Management and Sustainable Economic Development has completed its third year of life. The rationale behind creating this new Master’s degree, which focuses on the disciplines of economics and responsible management, was based on the belief that to better contribute to the promotion of sustainable peace, it is imperative to explore what role the economy plays in the world today; how it impacts both poor and wealthy nations with varying ideological orientations, diverse cultural backgrounds and very complex economic problems. New ideas, approaches and strategies are needed to overcome the challenges such dynamics pose.
Issues of rural and urban poverty, growing inequalities and disparities, financial crises and globalization are challenging political economic stability and social cohesion in all societies. Modern society faces the growing challenge of sustainability; finding solutions that will maintain and protect social systems for future generations. This entails demanding stronger responsibility on behalf of governments as well as private and social sectors to develop and uphold an inclusive, innovative economy for all and to design strategies and policies to help future generations have the capacity to meet their own needs.Content of the Programme
The Master of Arts (MA) Degree in Responsible Management and Sustainable Economic Development (RMSED) emphasizes economic and management perspectives of peace while focusing on the concepts of sustainability and responsibility.
As a result, RMSED students will be able to better understand the complexities of today’s global challenges, such as the impacts of globalization, the financial crisis, complex political emergencies, climate change and the influence of these factors in developing economies and more specifically, war-torn societies.
By the end of the course, students will have gained the knowledge and tools necessary to become responsible and sustainable managers in either the private or/and public and social sector. They will be able to understand and analyze key theoretical and conceptual dimensions related to economics and management, as well as the principles of sustainability and responsibility. This course will enable them to apply these concepts in their daily professional lives, both in the ‘industrial world’ and in developing countries affected by conflict. Additionally, students will be able to analyze the impacts of policies, reforms and political decisions in international, regional and local contexts in order to be able to influence policy-making processes.Programme Design
The MA in Responsible Management and Sustainable Economic Development is a 40 credit programme taking place over two semesters. It is composed of 15 foundational credits, 15 specialized credits, 1 seminar credit and an 8 credit final project entailing an independent study which will include a field research or an internship. Foundational credits provide an introduction to concepts, theories and practical examples of the disciplines of peace and conflict closely linked to economics and the principle of sustainability. These courses include a Foundation in Peace and Conflict Studies; Self Management; Review of Economic Concepts and Theories; Research Methods; Economic Development and Peace; and Sustainable Development. Specialized credits will be offered in the second semester, including one Elective and courses on Responsible Management; Social Responsibility; Conflict Negotiation and Mediation; and Social Entrepreneurship with a Practical Approach.
Once the courses are finished, students will conduct an independent study that includes a practical component. The practical component will entail either field research or an internship with a relevant organization. The programme’s coordinator, along with the professional support of University staff members, will assist students to identify relevant organizations to host them during their internship and provide academic advice for the independent study.Career Prospects
Students from the RMSED Programme will become ‘sustainable and responsible managers’ who will be able to work in the corporate sector, public sector or social sector, both in industrialized and developing countries. Ideally, they will be employed by international and national organizations. As most corporate businesses in the public and social sectors are keen to adopt different management models which promote more sustainable approaches and responsible behaviors, our graduates will be easily absorbed into the labour market.The Mandatory Courses are:
PCS 6000 - Foundation Course in Peace and Conflict Studies (3 credits)
During this period, participants may choose either one of these RMSED recommended courses, or another elective offered by the other UPEACE departments.
The Elective Courses may include (subject to change):
UPE 6090 Hunger, famine and Food security (3 credits) Prof. Reg Noble
For complete course descriptions, course calendar and information about the professors, please follow this link: http://www.upeace.org/calendar/So what is RMSED?
It is not a Master's degree in business nor economics, it is something which incorporates and goes beyond both.