University of Gdańsk1 Strategic Investment Decisions Dr Anna Wojewnik-Filipkowska Katedra Inwestycji

University of Gdańsk2

University of Gdańsk3 Real-Life Business Projects (RePro)

University of Gdańsk4 Why?

University of Gdańsk5 Emphasis in professional education is put on skills for learning and high- level professional knowledge. This means that acquiring knowledge and its application in a real international context has become increasingly relevant.

University of Gdańsk6 How?

University of Gdańsk7 RePro stands for Real-life Problems that the industry world experiences and students reconstruct in the classroom. Learning is as an open-ended process requiring active engagement from the learner’s part.

University of Gdańsk8 Student-centered learning is based on student’s own motivation and needs for learning. Teacher’s role is to facilitate the planning, and provide guidance, feedback and evaluation of the student learning based on the particular learning needs and abilities of students.

University of Gdańsk9 The underlying idea in this learning method is that learning becomes deeper when the subject is more relevant to the students’ interests and aspirations and when they are given the opportunity to actively engage in the creation of their knowledge.

University of Gdańsk10 What?

University of Gdańsk11 Any company of your team choice! Research

University of Gdańsk12 Soft skills training!

University of Gdańsk13 The session steps When working on problem in a group it is highly recommended to use the seven following steps to achieve the best results in view of learning: These steps are: clarifying terms and concepts defining the problem analyzing the problem defining and formulating the goals brainstorming reporting and integration It is also recommended to choose a team leader to coordinate the team work and secretary to make notes which should be distributed among all team members (e.g. via ). Remember! Work as a team and share and integrate tasks and knowledge!

University of Gdańsk14 Real-Life Business Project TEAMS Self selected by students? Preselected by the teacher? Teacher selection after student preferences? YOU DECIDE  Team + case study along your interest

University of Gdańsk15 Outcomes! And not only…

University of Gdańsk16 Learning outcomes Assesment criteria Assesment method

University of Gdańsk17 Learning outcomes Recommendation of investment strategy for chosen company with justification in terms of emerging environment and market trends

University of Gdańsk18 Assesment criteria effective self managed and autonomous learning using a wide range of sources of theory conclusions and recommendations quality of written documents, presentations, depth of knowledge skills and capabilities developed, especially team work

University of Gdańsk19 Assesment method Assessment of written documents (final report), observation of presentations (company introduction, plan of research, final presentation), interview and discussion. In the case of group work all students will receive the same grade unless a case for a different distribution is made to me in writing at the time of submission of evidence of achievements.

University of Gdańsk20 Scale of grading Very good (5) Good (4) Satisfactory (3)

University of Gdańsk21 Final grading single sessions evaluation 50%  seminar presentations (company presentation and research plan presentation)  well prepared relevant answers, several approaches and opinions  participation and contribution  good team work, encouragement of silent members, listening, sharing, communication, dialog ect. case final reports50%

University of Gdańsk22 Theoetical background!

University of Gdańsk23 Porter, ME: Competitive strategy. Methods of analysis of sectors and competitors, PWE, Warsaw 1992 Damodaran A., Corporate Finance Theory & Practice, John Wiley & Sons DamodaranCorporate Finance Theory & PracticeJohn Wiley & Sons Richard A. Brealey, Stewart C., Fundamentals of Corporate Finance, McGraw-Hill 2003.McGraw-Hill Irwin R. D., Strategic Management: Concepts and Cases (9th edition), Gierszewska G., Romanowska M., Analiza strategiczna przedsiębiorstwa, PWE Warszawa 1997.

University of Gdańsk24 Triple assesment! Self assesment Peer assesment Teacher assesment

University of Gdańsk25 To sum up

University of Gdańsk26 1. STUDENT ENGAGEMENT 2. LEARNING ENVIRONMENT 3. INTERACTIVE REAL LIFE CONTEXT 4. MULTIDISCIPLINARY PROBLEM SOLVING 5. LEARNING AS A CONTINUOUS PROCESS

University of Gdańsk27 1 Introduction to case studies, team creation, task shearing. 2 Company presentation and presentation of basic tools for strategic analysis. Discussion of research plan. 3 Research plan presentation. 4 Team research - environment and company diagnosis from investment point of view– conduction of proper strategic analysis. 5 Integration of knowledge – preparation to company investment strategy identification, assessment and recommendation based on conducted analysis. 6 Report preparation (written document): 1.Brief company introduction and general data actualization. 2.Investment strategy analysis - identification. 3.Assessment of current investment strategy. 4.Recommendation a.market justification b.investment strategy c.main financing sources for strategic investment d.key risk identification of strategic investment 5.Final conclusions and summary. 7 Class presentation (power point) + report. Discussion. 8 Feedback and grading.

University of Gdańsk28 Strategic investment decisions 01 Today: Team creation Team roles Discuss over company selection – brainstorming 02 Next seminar: 1. Company and tools presentation 2. Discussion over plan of research 3. Final aim: recommendation of investment strategy for chosen company with justification