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FMS105

Elements Of Management I

This course introduces students to the fundamental elements of management, providing a comprehensive overview of key concepts and practices applicable to both private and public enterprises. It explores the evolution of management theory, essential management functions, and the decision-making processes involved in business operations. The course also covers planning, control, organizing, communication, leadership, staffing, training, and the social responsibilities of management, equipping students with a solid foundation for effective management roles.

About this course

Difficulty
Intermediate
Study hours
195 hours
Maths
Basic
Content
Theoretical, case study
Practical work
No
How it is assessed
  • Assignments
  • Tutor Marked Assignments
  • Final Examination

One paragraph, so you can see how it reads

FMS105 · UNIT 1: EVOLUTION OF MANAGEMENT THEORY

105 FMS - Elements of Management 1 is intended to expose students to the nitty -gritty of managing enterprises , be it private or public, corporate or small business enterprises , and government or non - governmental organisations . Upon completing the course, you will be equipped with the knowledge required to produce a good research work as well.

What you should be able to do

  1. Define management and its core functions
  2. Apply planning and decision-making techniques
  3. Analyze organizational structures and communication processes
  4. Evaluate leadership styles and motivational strategies
  5. Understand the social responsibilities of management

What it prepares you for

Careers
  • Business Manager
  • Project Manager
  • Human Resources Manager
  • Operations Manager
  • Management Consultant
Where it is applied
  • Business Administration
  • Human Resources
  • Project Management
  • Operations Management
  • Consulting

Where it gets hard

The units students slow down on, and what makes each one heavy.

  • Module 1:

    Unit 1: Evolution of Management Theory

    Requires understanding of complex historical contexts and diverse perspectives on management evolution.

  • Module 2:

    Unit 3: Directing and Leading Function

    Involves understanding of group dynamics, interpersonal relationships, and the application of psychological principles to management.

A suggested way through it

Suggested

13 weeks, about 28 hours in total. Yours will differ.

  1. Week 1Module 1:
    • Unit 1: Evolution of Management Theory · 2 hours

      Read the introduction to management theory.. Understand the pre-industrial period and its management practices.. Study the impact of the industrial revolution on management..

  2. Week 2Module 1:
    • Unit 2: Management Functions and Behaviour · 2 hours

      Define management and differentiate between management as an art and science.. Study the principles of management and organizational goals.. Examine the ethical considerations in management practices..

  3. Week 3Module 1:
    • Unit 3: Decision-Making in Business · 2 hours

      Understand the decision-making process.. Learn about different classifications of decisions.. Study the stages in decision-making and group decision-making..

  4. Week 4Module 1:
    • Unit 4: Planning · 2 hours

      Define planning and understand the six P's of planning.. Study the characteristics and benefits of good planning.. Examine the steps in formal planning and its limitations..

  5. Week 5Module 1:
    • Unit 5: Control · 2 hours

      Define managerial control and its requirements.. Study the control process and types of managerial controls.. Examine the behavioral guidelines for effective control..

  6. Week 6Module 2:
    • Unit 1: Organising · 2 hours

      Define organizing and differentiate between formal and informal organizations.. Study organizational charts and structures.. Examine authority relationships and the sources of authority..

  7. Week 7Module 2:
    • Unit 2: Communication · 2 hours

      Define communication and understand its objectives.. Study the communication process model.. Examine the barriers to effective communication and how to overcome them..

  8. Week 8Module 2:
    • Unit 3: Directing and Leading Function · 2 hours

      Understand directing and leading functions.. Study organizational climate and human relations.. Examine the types of leadership and theories of leadership..

  9. Week 9Module 2:
    • Unit 4: Staffing Function · 2 hours

      Understand the staffing function and human resources planning.. Study the staffing process, including recruitment and selection.. Examine retention strategies and the importance of training and development..

  10. Week 10Module 2:
    • Unit 5: Recruitment and Selection · 2 hours

      Define recruitment and selection.. Study the subsystems of recruitment and the complexity of its functions.. Examine the sources of recruitment and selection techniques..

  11. Week 11Module 3:
    • Unit 1: Employee Training and Development · 2 hours

      Understand the conditions requiring employee training.. Study the objectives of training and how to determine training needs.. Examine the methods and techniques of training..

  12. Week 12Module 3:
    • Unit 2: Motivation · 2 hours

      Understand the motivation process.. Study Maslow's hierarchy of needs and Herzberg's two-factor theory.. Examine management by objectives (MBO) and its role in motivation..

  13. Week 13Module 3:
    • Unit 3: Forecasting · 2 hours

      Define forecasting and understand its need.. Study the essential elements of the forecasting process.. Examine the different forecasting techniques..

    • Unit 4: Delegation and Decentralisation of Authority · 2 hours

      Define social responsibility and understand its areas.. Study the neglect of social responsibility and the role of Nigerian entrepreneurs.. Review all course materials and prepare for final examinations..

Preparing for the exam

What to do
  • Create a timeline of management theories from Unit 1, Module 1
  • Practice decision-making scenarios from Unit 3, Module 1
  • Develop case studies for each leadership style in Unit 3, Module 2
  • Summarize key points from each unit in your own words weekly
  • Review all self-assessment exercises and TMAs
  • Create concept maps linking Units 3-5 in Module 1
  • Allocate specific time slots for each subject daily
  • Focus on understanding the practical implications of each theory
  • Form study groups to discuss and clarify complex topics
  • Practice applying management principles to real-world scenarios

Questions students ask about this course

What is FMS105 about?

This course introduces students to the fundamental elements of management, providing a comprehensive overview of key concepts and practices applicable to both private and public enterprises. It explores the evolution of management theory, essential management functions, and the decision-making processes involved in business operations. The course also covers planning, control, organizing, communication, leadership, staffing, training, and the social responsibilities of management, equipping students with a solid foundation for effective management roles.

How many units does FMS105 have?

FMS105, Elements Of Management I, has 15 units across 3 modules, over 275 pages of course material. You can read it one unit at a time.

How many credit units is FMS105?

FMS105 carries 2 credit units, at 100 level in Management Sciences.

Is FMS105 hard?

FMS105 is rated intermediate level, with basic mathematical content. It is mostly theoretical and case study work.

How long does FMS105 take to study?

About 195 hours of study, spread across its 15 units.

How is FMS105 assessed?

FMS105 is assessed by Assignments, Tutor Marked Assignments and Final Examination.

What can I do with FMS105?

Business Manager, Project Manager, Human Resources Manager, Operations Manager and Management Consultant.

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