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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.

Course offerings are missing for current or upcoming semesters.
Headings with content from the Course syllabus AI1138 (Autumn 2010–) are denoted with an asterisk ( )

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

Course disposition

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Literature and preparations

Specific prerequisites

AI1123, Mangement and leadership or equivalent

Recommended prerequisites

Organization and Leadership


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  • 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

A, B, C, D, E, FX, F


  • 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

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Opportunity to raise an approved grade via renewed examination

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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.

Further information

Course web

Further information about the course can be found on the Course web at the link below. Information on the Course web will later be moved to this site.

Course web AI1138

Offered by

Main field of study

Built Environment, Technology

Education cycle

First cycle

Add-on studies

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