AI1138 Management and Ethics in Real Estate and Finance 7.5 credits
A manager needs to be able to understand how to obtain operational information on his/her firm, and how to manage the firm through organization and incentives. Based on a thorough understanding of the functions of organizations and markets, management in this context should be understood as the ability to understand, evaluate and apply management and control mechanisms, in order to direct and focus the activities of the firm. Managing and organizing is a highly ethically sensitive matter in all firms, but especially so in knowledge-intense service firms.
Content and learning outcomes
Course contents
- Management theory and different schools of theory focusing on change and value creation in management and organization
- Ethics and moral theory and practice in real estate and finance
- Practical applications - management in real estate businesses and financial organizations
Intended learning outcomes
The course objectives are that you should be able to
- identify and analyse problems regarding management and ethics, with a special emphasis on real estate and financial firms.
- describe, analyse and problematize management theories
- analyse and reflect on management within real estate and financial markets
- have a working knowledge of the normative management theories and models that are the basic analysis tools of the course
- apply the ethical problems and possible solutions that are included in the applied part of the course
- independently analyze texts from an ethical perspective
- independently analyze cases from management literature
- write text analyses from an ethical perspective independently using the etical theories and analytical tools provided in the course literature
Literature and preparations
Specific prerequisites
AI1123, Mangement and leadership or equivalent
Recommended prerequisites
Organization and Leadership
Equipment
Literature
- Kompendium med managementartiklar
- Pfeffer, J. and Sutton, R.I., (2006) Hard Facts, Dangerous Half-Truths and Total Nonsense: Profiting from Evidence-Based Management, Harvard Business School Press.
- Etikkompendium för nedladdning: Sven Ove Hansson, "Några etiska teorier" (2002)
- Handout om fakta och värderingar för nedladdning: Niklas Möller, "Fakta vs värderingar" (2004)
- Uppsatsinstruktioner för nedladdning: Lars Lindblom, "Om uppsatsskrivning" (2006)
- Boatright, John (2007), Ethics in Finance, Wiley 2nd ed.
Examination and completion
If the course is discontinued, students may request to be examined during the following two academic years.
Grading scale
Examination
- INL1 - Assignment, 3.0 credits, grading scale: P, F
- NÄR1 - Attendence, 1.5 credits, grading scale: P, F
- TEN1 - Examination, 3.0 credits, grading scale: A, B, C, D, E, FX, F
Based on recommendation from KTH’s coordinator for disabilities, the examiner will decide how to adapt an examination for students with documented disability.
The examiner may apply another examination format when re-examining individual students.
Other requirements for final grade
Attendance (1.5p), written exam (TEN1; 3p), Approved course PM (INL1; 3p).
Opportunity to complete the requirements via supplementary examination
Opportunity to raise an approved grade via renewed examination
Examiner
Ethical approach
- All members of a group are responsible for the group's work.
- In any assessment, every student shall honestly disclose any help received and sources used.
- In an oral assessment, every student shall be able to present and answer questions about the entire assignment and solution.