1) Business administration: Students should have a foundation in "general business administration" (e.g., a previous course Business Management or Entrepreneurship), with knowledge of general management concepts and frameworks, as well as the main functional areas in business (e.g., accounting, finance).

2) Economics: Students should have a foundation in "general economics" (e.g., a previous course Introduction to Economics or Macro/Micro-Economics), with knowledge of general economic principles, including macro- and micro-economic concepts. They should be familiar with important economic indicators (e.g., gross domestic product, inflation) and the market mechanism of supply and demand.

3) Collaboration and communication: Students should be able to collaborate productively in diverse teams and communicate at an academic level, both orally and in writing. They should be able to convey complex ideas and analyses clearly and coherently, and to effectively work with fellow students in tasks such as case analysis and discussion.

The course Strategic Management provides students with insight into strategic analysis and strategy formulation. Students acquire knowledge of central concepts and frameworks from the strategic management literature and learn to apply them critically to real-life examples and business cases.

The course covers, among other topics, the meaning of strategy, determinants of value creation, industry analysis, competitive strategy and competitive advantage, resources and capabilities, and corporate strategy.

By the end of the course, students are able to interpret strategic decisions within a firm in an independent and critical manner. They are familiar with the theoretical concepts and frameworks introduced in the course and are able to integrate and synthesize them when analysing strategic issues. In addition, students can apply these concepts and frameworks to concrete examples from business practice and use them to substantiate strategic decisions.