C H E D I S S U E S C M O 24 S , S TA N D A R D S

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1 ASIAN INSTITUTE OF DISTANCE EDUCATION Volume 1, Issue 5, May 2017 AIDE INFO The aide info board is the official online news gazette of the Asian Institute of Distance I N S I D E T H I S I S S U E : CMO 17 s A I D E I M P L E M E N T S C U R R I C U L U M R E V I S I O N B S B A TO F O L L O W C M O 17 S CMO 24 s The Bachelor of Science in Business Administration program of the Asian institute of Distance Education is one of the courses initially offered by the institute. In February 1985, the Bureau of Higher Education, the former Commission on Higher Education, which was then under the Department of Education Culture and Sports (DECS), authorized the institute to offer BSBA major in Management. The other programs allowed by DECS to be offered by AIDE then were Associate in Arts and Bachelor of Arts program with majors in English, Economics, History, Sociology and Political Science. CHED MEMO ORDER NO. 17 series of 2017 sets the new policies, standards and guidelines for the BSBA curriculum which supersedes CHED MEMO ORDER NO, 39 s and follows CHED MEMO ORDER NO. 46 s in pursuance of an outcomes-based quality assurance system. As the Philippine higher education transitions to a different landscape, specially now that the K- 12 program has been fully subsumed to the basic education curriculum, with its first batch to graduate in school year , all courses in college are also undergoing changes and revision. Apart from the implementation of K-12, the need to conform with an outcomes-based quality assurance system is also among the reasons for such change. See Page 2 C H E D I S S U E S C M O 24 S , S TA N D A R D S F O R AB E N G L I S H C U R R I C U L U M Last May 9, 2017, the CHED issues Memorandum Order 24 s otherwise known as the Policies, Standards and Guidelines for the Bachelor of Arts in English Language and Bachelor of Art in English Language Studies. Just like other programs or courses in higher education, the objective for the change is to shift to learning competencybased standards and outcomes-based education which is required under CMO 46 series of See page 5

2 Page 2 Volume 1, Issue 5, May 2017 A I D E IMPLEMENTS F R O M P A G E 1 The new Policies, Standards and Guidelines (PSGs) implements the shift to learning competency based standards and outcomes-based education..the new PSGs provides ample space for HEIs to innovate in the curriculum the best way to achieve learning outcomes in the context of their respective missions. -- CHED What are the new inclusions in the BSBA Curriculum? Article II of CMO 17 s states that all Philippine Higher Education Institutions (PHEIs) with an existing Bachelor of Science in Business Administration program are required to shift to an outcomes-based approach based on the Policies, Standards and Guidelines issued by CHED. Further, under Article IV of the same CMO, it states that program BSBA should have five (5) distinct majors, or specialization, as follows: 1. Human Resource Management; 2. Marketing Management; 3. Financial Management; 4. Operations Management; and 5. Business Economics Under the new program there will be 36 general education (G.E) courses composed of the following: 1. GE Core Courses, 36 units Understanding the Self; Readings in Philippine History; The Contemporary World; Mathematics in the Modern World; Purposive Communication; Art Appreciation; Science, Technology, and Society; Ethics; Rizal s Life and Works (as mandated by Law 2. GE Electives Mathematics, Science and Technology; Social Science and Philosophy; Arts and Humanities Apart from the GE subjects, the students are required to take 2 subjects or 6 units of NSTP and 4 subjects or 8 units of PE subjects. Regardless of the major course or specialization that the students will take, the new CMO also requires the inclusion of the six (6) units Core Business and Management Education Courses which cover all the major functional areas of business, and provide the foundational knowledge of the environment and the context in which a graduate of BSBA work such as Operations Management (Total Quality Management TQM) and Strategic Management. In addition, there are twenty four (24) units of Business Administration Core Courses which includes: 1. Basic Microeconomics; 2. Business Law; 3. Taxation (Income Taxation); 4. Good Governance and Social Responsibility; 5. Human Resource Management; 6. International Business and Trade; 7. Business Research; and 8. Thesis or Feasibility Study BSBA Major in Human Resource Management The Human Resource Management Progam prepares the graduate for a career in the Human Resources Department of any organization, handling the many diverse human capital requirements of the organization, including recruitment, staffing, training and career development. Continued on Page 3 AIDE INC. INFO BOARD Editorial Board Mrs. Zenaida Villaescusa, Editor-In-Chief Ms. Marichu B. Ebdani, Ms. Susan B. Sanders, Ms. Juvy C. Bangued Editorial Staff

3 AIDE Info board, Volume I, Issue 5, May 2017 Page 3 B SBA COURSE... C O N T I N U E D F R O M P A G E 2 What are the Professional Major Courses of the BSBA Human Resource Management Course? Each distinct field or major course are provided with twenty four (24) units of professional courses that lay the fundamental concepts of every business administration student. Specifically for the Human Resource Management major, the following professional courses should be taken: Administrative and Office Management; Labor Law and Legislation; Recruitment and Selection; Training and Development; Compensation Administration; Labor Relations and Negotiations; Special Topics in Human Resource Management; and Organizational Development BSBA Major in Marketing Management The Marketing Management program prepares the graduate for careers in marketing, market research, advertising and public relations. The curriculum provides the graduates with both technical skills and competencies required in the field, but also the flexible mind-set that is necessary to stay competitive in a constantly changing business environment. Professional Courses under the BSBA Major in Marketing Management? Just like the Human Resource Management major, the professional courses in the Marketing Management Major is composed of twenty four (24) units, as follows: Professional Salesmanship; Marketing research; Marketing Management; Distribution Management; Advertising; Product Management; Retail Management; and Pricing Strategy AIDE OFFERS DISCOUNT FOR PWDs and other financial securities markets. The curriculum provides the graduate with knowledge on financial institutions and technical skills based on established financial theories, methodologies, and various analytical tools. It also promotes an outlook that is based primarily on ethics, market integrity, regulations, good governance and competitive global perspective, necessary for effective financial decision making. What are the Professional Courses under Financial Management Major? The following professional courses should be taken under this major: Financial Management; Financial Analysis and Reporting; Banking and Financial Institutions; Monetary Policy and Central Banking; Investment and Portfolio Management; Credit and Collection; Capital Market; and Special Topics in Financial Management Continued on Page 4 Program Goals of BSBA Curriculum Assume supervisory and/or managerial responsibilities within their organization Pursue graduate studies in business and management BSBA Major in Financial Management The Financial Management program prepares the graduates for various careers in financial management as well as in related fields, including but not limited to, corporate finance, investment management, banking, credit, trust operations, insurance, foreign currency markets, money markets, capital Manage a Business -CMO 17, s.2017

4 Page 4 Volume 1, Issue 5, May 2017 ASIAN INSTITUTE OF DISTANCE EDUCATION 3/F Greenbelt Mansion, Perea St., Makati City AIDE is on Facebook The Asian Institute for Distance Education (AIDE) is continuously propagating the cause of open learning and distance education in the Philippines by providing a more flexible mode of learning attuned to the needs of adult and working learners thereby, widening student access to higher education -Mrs. Zenaida Villaescusa Executive Director of AIDE Former CHED Director and Bureau of Higher Education, DECS B S BA COURSE... C O N T I N U E D F R O M P A G E 2 BSBA Major in Operations Management (OM) The Operations Management program prepares students to manage the operations of manufacturing, agri business, as well as service enterprises, focusing on the need to efffectively and efficiently produce and deliver products and services on time and within budget. The program curriculum covers all aspects of operations within the organization, including the management of purchases, inventory, production and service quality, logistics, supply chain and distribution. What are the Professional Courses in OM Specialization? The following major subjects fall under the OM major: Environmental Management System Inventory Management and Control Project Management Costing and Pricing Logistics Management Productivity and Quality Tools Facilities Management Special Topics in Operations Management BSBA Major in Business Economics program This course prepares graduates for careers in banking, economic and development planning, as well as general management. The program focuses on the relationship of business operations and the economy as a whole. It integrates economic principles and strategies into standard business practices so that the student can have both the micro view of how the business can acquire capital, generate profit and efficiently produce goods and services, as well as the macro view of how external economic factors such as government regulations can affect, and should influence, business decisions. What are the major Professional subjects in Business Economics? Basic Macroeconomics; History of Economic Thoughts; Advanced Macroeconomics; Advanced Microeconomics; Managerial Economics; International Economics; Project Development Management; Special Topics in Business Economics. When is the new curriculum going to take effect? The prescribed minimum requirements are written in CMO 17 s will take effect on School Year (S.Y.) Currently, the AIDE management is already preparing to implement said changes by re-writing and updating all the modules and learning materials in BSBA curriculum. AIDE s Programs are all CHED recognized You can visit

5 AIDE Info board, Volume I, Issue 5, May 2017 Page 5 CHED issues CMO 24 s Continued from page 1 Source: CHED Memorandum Order 24 s. 2017, As stated in the said CMO, program is designed to provide a comprehensive knowledge of the English language its origin, growth and development, structures, and use. Also, the program should enhance the student s competencies in the use of the English language in real-world contexts and to present appropriate strategies of language use through a heightened awareness of how English works in different situations in the Philippines and in Asia and the rest of the world. Bound to maintain the minimum standards of quality as prescribed by the CHED, the Asian Institute for Distance Education will adopt the abovementioned curriculum beginning School Year See page 6 for the continuation of Contents

6 AIDE Info board, Volume I, Issue 5, May 2017 Page 6 CHED issues CMO 24 s Continued from page 5 Source: CHED Memorandum Order 24 s. 2017,