Department of Business Administration
Dean:Dr. Friðrik Már Baldursson
MSc in Corporate Finance
Learning OutcomesView
Education cycle2
Degree titleMaster in Corporate Finance
Mandatory course on majorTeaching language
Optional course on majorPrerequisites for course
Vorönn/Spring 2020
More infoIntegrated Project I; Conceive and DesignElectiveT-800-INT1ECTS 8
More infoGlobal Issues in Travel and TourismElectiveV-711-GLTTECTS 7,5
1. yearPrint
SemesterSpring 2020
Level of courseN/A
Type of courseElective
PrerequisitesNo prerequisites.
ScheduleNo schedule found.
Tracy S. Michaud
 Tourism is the world´s largest industry.  As future managers, students will learn the value of understanding how tourism affects both travelers, businesses, and communities in complex and contentious ways throughout the world in order to make informed leadership decisions at work and in their personal travel. 
Learning outcome - Objectives
The student should have an understanding of concepts such as:
- how global tourism brings travelers, businesses, and host communities into close contact and the issues this creates;
-the presentation of western ideals and images in non-western countries and how tourism affects this;
-the political and ethical dilemmas of tourism.The student should develop the ability to apply their knowledge to:
-discuss, write and present on the issues and negative consequences of travel and tourism in the world
-discuss, write and present on how responsible travel, when planned and carried out according to ethical principles and guidelines, can be a force of change
-discuss, write and present on how tourism can introduce travelers to other cultures, improve living conditions of local residents, protect local environments, resources, and lifestyles, and build business.The student should apply their knowledge and skills to:
- inform decisions based on how travel and tourism is a major force of social, economic, cultural, and environmental change.
- document, present, and advocate for decisions based on how travel and tourism is a major force of social, economic, cultural, and environmental change.
Course assessment
 Learning activities throughout the semester lead to a final paper and presentation that synthesizes class content. Students will also create a personal ethical travel statement and responsible tourism statement for a business.
Reading material
No reading material found.
Teaching and learning activities
 Class content will be presented through text readings, video presentations, and class lectures. Learning activities will be student-led, rely heavily on readings, group discussions, and in-class activities.
Language of instructionEnglish
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