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International Governance and Business in the High North EN313E

The course focuses on developing knowledge about opportunities for value creation in the High North, as well as on an international dialogue between interested parties concerned with High North.

International Governance and Business in the High North EN313E

ECTS Credits 7.5
Level Graduate
Course type Obligatory
Start semester Spring 2021
Year of study 1st study year
Course location Bodø
Faculty Nord University Business School
Teaching language English
Application deadline  

Course description

Rapid climate change, business development, and international cooperation in the High North mean that more knowledge is needed. Also, the High North is a region where new opportunities to exploit natural resources, new trade routes and increasing human activities may have major consequences for the environment and society, and there is a great responsibility to ensure sustainable management of region¿s business and societal development. Different debates include issues of governance, discovery, access and use of mineral and hydrocarbon resources in the Arctic, possibilities for new maritime routes, cross-border cooperation, fisheries, opportunities for Arctic tourism development, as well as the support of indigenous communities and human resources in High North.

The scenario workshop is an important part of the course. During the scenario workshop, students will learn about different methodologies for scenario building and use one of them to produce scenarios on a predefined topic, working in multidisciplinary groups. In advance, students will be given a specific scenario topic developed by relevant stakeholders in the Arctic and relevant for the High North Dialogue conference.

As the part of education activities, Master students will take part in the High North Dialogue Conference organized by High North Center at Business School. The focus of the conference is dialogue: the dialogue between young people and the Arctic regions' representatives from industry - ranging from maritime to land-based industry, authorities and academics to share information and discuss the best practices to tackle challenges in the region. For an updated version of the conference program, please visit www.highnorthdialogue.no.

Costs

No tuition fees. Costs for semester registration and course literature apply.

Learning outcomes

Knowledge

  • have advanced knowledge of High North region development based on geopolitical, economic, regulatory and stakeholders-oriented approaches from national and global perspectives;
  • have theoretical underpinnings of foresight management in general and scenario building in particular; 
  • have thorough knowledge about conceptual differences between prognosis, forecasting, trend projections and scenario building; 
  • can apply components of scenario building methodologies with examples of the Shell methodology: assumptions, uncertainties and wildcards;
  • can analyze the institutional and business issues surrounding resource management and sustainable development of the High North.

Skills

  • can analyze complex the interplay between the (geo)political, economic, legal, technical, environmental, etc. driving forces in terms of formulating the structures of the future;
  • can apply knowledge from different disciplines in formulating and presenting basic images of the possible future;
  • can analyze and  discuss political, economic and legal foundations for sustainable High North development.

General competence

  • can analyze opportunities and challenges for implementing foresight management in organizations;
  • can demonstrate their communication skills by providing convincing arguments about their own worldview;
  • can apply their knowledge and display the creativity in solving potential challenges and problems for an organization;
  • can contribute to the innovative thinking about sustainable development in the High North

Prerequisites

Students must have qualifications equivalent to a Bachelor degree, or being admitted to the two years Master of Science in Global Management or at the semester package "Business and Governance in the Arctic".

Teaching activities and methods

Teaching in the classroom, intensive project work with scenarios, company visits and master-classes;

Obligatory participation in the High North Dialogue conference.

Permitted examination aids

Pen, pencil, ruler, bilingual dictionary and simple calculator.

Course evaluation

The study programme is evaluated annually by students by way of course evaluation studies. These evaluations are included in the universitys quality assurance system.

Assessment and examinations

Assignment, grading scale A-E, Beste A, Ikke bestått F
  • Oral presentation, grading scale Bestått - Ikke bestått.
  • Compulsory work , grading scale Bestått - Ikke bestått.
  • Compulsory work , grading scale Bestått - Ikke bestått.

Overlapping courses

EN301Ev1 The Geopolitics of Petroleum and Natural Gas - 4 study points.
EN314Ev1 High North Dialogue - 7.5 study points.
FE314Ev1 Sustainable Accounting and Finance - 2 study points.

Course literature

The reading list can be found in Leganto

Included in these studies

 

 

Business and Governance in the Arctic- semester packagehttps://www.nord.no/en/Student/study-plans/exhsuBusiness and Governance in the Arctic- semester packageHalf-year programme and shorter
Public Sector Economy - semester packagehttps://www.nord.no/en/Student/study-plans/offecoPublic Sector Economy - semester packageHalf-year programme and shorter
Master of Science in Global Managementhttps://www.nord.no/en/Student/study-plans/maenmMaster of Science in Global ManagementMaster's degree (2 years)
Business and Governance in the Arctic- semester packagehttps://www.nord.no/en/Student/study-plans/2017V/Pages/EXHSU.aspxBusiness and Governance in the Arctic- semester packageHalf-year programme and shorter
Business and Governance in the Arctic- semester packagehttps://www.nord.no/en/Student/study-plans/2019V/Pages/EXHSU.aspxBusiness and Governance in the Arctic- semester packageHalf-year programme and shorter
Public Sector Economy - semester packagehttps://www.nord.no/en/Student/study-plans/2019V/Pages/OFFECO.aspxPublic Sector Economy - semester packageHalf-year programme and shorter