TBA Credits: 3 Prerequisites: MBA Students Only
The objective of this course is to provide you with an overview of the financial accounting and reporting process. After completing the course, you should be able to understand the difference between cash-based and accrual-based accounting systems, appreciate the interrelation between the balance sheet, income statement, and statement of cash flows, prepare basic financial statements, and complete simple financial statement analysis.
This course is designed to facilitate understanding of the financial reporting process and the importance of financial reporting for a functioning capital market.
Credits: 1.5
Prerequisites: MBA Students Only
Firm Analysis and Strategy is an integrative course that presents concepts related to microeconomics and competitive strategy. Microeconomics is the fundamental discipline (or “mother tongue”) of all business. Understanding basic microeconomic concepts allows managers to make better business decisions. Moreover, microeconomics represents the basis for developing understanding in several other business disciplines, including finance, strategy, and operations management, among others. Competitive strategy is concerned with managing the competitive position and long-term development of the business enterprise in order to ensure its survival and success. Every firm must create and sustain competitive advantage if it is to survive and prosper over the long-term.
The course provides frameworks, tools and concepts to make economically sound business decisions, and ultimately to identify or create sources of competitive advantage. The course begins with essential microeconomic concepts, including economic costs, market demand and profit maximization. It then builds on these concepts to examine how different types of industry structures provide better or worse profit-making opportunities for industry participants; how firms position themselves in particular industries; how firms optimally set price and output levels; whether firms should enter or exit industries and under what circumstances; how firms build resources and capabilities important for competitive advantage; how firms optimally respond to their competitors; and how firms navigate the policy and non-market environments; among others.
Credits: 3
Prerequisites: MBA Students Only
In FINC 550, we will develop the analytical capabilities that form the basis for making financial decisions in corporations. The course focuses on the following topics: 1) time value of money, 2) stock and bond valuation, 3) the relationship between risk and return, 4) choosing investment projects that support firm strategy, 4) financing decisions, 5) corporate valuation, and 6) derivatives.
In FINC 550 we shall focus extensively on a specific scarce resource which economists call CAPITAL and you and we call cash or money. We know cash is scarce - after all we would all like to have more cash/capital. Since there is not enough capital to go around - how is it (and how should it) be allocated is the central issue underlying this course. This capital allocation takes place at two levels - First, capital is allocated by capital markets across the wider economy (e.g. corporations such as Starbucks, IBM, Gap etc., as well as Federal, State, and Local governments). At the second level, capital is allocated to different projects within a corporation (e.g. Ford's decision to invest in a Chinese plant). Thus as a business manager you would be faced with two types of decisions where knowledge of Finance is critical: 1) How to gain access to capital? and 2) How to invest available capital?
Credits: 3
Prerequisites: None
This course will study the managerial processes involved in marketing of products and services in an international setting. Marketing is the business function that gives companies the opportunity for organic growth in a sustainable manner. As a business discipline, marketing is the process of planning and executing the conception, pricing, promotion, and distribution of ideas, goods, and services to create exchanges that satisfy individuals and organizational objectives. This course views marketing as both a general management responsibility and an orientation of an organization.
Fundamental to marketing programs is the managerial process of creating and delivering value to customers as well as the company and other stakeholders. Within this social context, marketing management is both, the art and science of choosing target markets, developing compelling value propositions, and acquiring, retaining, and growing customers by creating, delivering, and communicating superior customer value.
This course will use a mix of cases, lecture/discussion, and assignments. This material will be integrated throughout the course with four over-riding themes. First, that successful marketing strategies deliver superior customer value profitably; second, that successful implementation of these strategies requires a high level of market orientation (a market-driven firm has superior skills in understanding, attracting, and keeping customers); third, that through careful implementation of marketing actions long-term sustainable growth can be achieved; and fourth, that the market arena in which strategies are implemented is increasingly global.
Credits: 3
Prerequisites: MBA Students Only
TBA Credits: 3 Prerequisites: MBA Students Only
Analysis and Reporting of Financial Information teaches future business leaders how to understand and communicate their firms’ financial performance to outside stakeholders (e.g., current and prospective capital providers, business partners, employees, etc.). This course builds upon the content in ACCT 500, integrates with the content in FINC 550, and serves as a prerequisite for ACCT 555.
US firms operate in a highly regulated environment, and financial reporting provides managers a forum to communicate their operational achievements with external parties. In this course we will (1) learn how to account for the most common and significant types of corporate transactions, and (2) become proficient in using financial statements and footnote disclosures to understand and evaluate corporate performance.
Credits: 1.5
Prerequisites: MBA Students Only
Students do Career stuff and have a break from classes.....
In this course, you will learn and practice the use quantitative modeling to solve pressing complex business problems and to make better decisions. In particular, you will learn to select relevant data, to consider all available options, to estimate risk, and to apply the fundamental decision tools. You will hone your skills with finance, operations, marketing, strategy, and other applications.
You will learn how to understand results of the quantitative analysis, how to draw qualitative insights from it, and how to communicate your findings. We will use Excel (and selected Excel Add-Ins) as the platform for building and using quantitative models. Therefore, as an incidental benefit of taking this course, you will become a more proficient Excel user.
Credits: 3
Prerequisites: None
MISSING Content
Operations is a core function in every organization and the largest portion of assets and employees in most organizations are engaged in this function. How it is managed affects not only other functions, but the ultimate success of the entity. This course is designed to provide you with the key concepts and tools in managing this function.
Credits: 1.5
Prerequisites: None
Effective verbal and written communication skills are key to the success of any manager or executive as you inform, persuade and lead your clients, subordinates, colleagues, and bosses. This course considers effective communication a key strategic activity for all business leaders. Understanding the strategic choices you have when communicating, and having the ability to implement the correct strategy at the proper time is a key learning from this course. The readings, exercises and assignments will help you capitalize on opportunities by becoming more effective speakers and leaders. You will give planned and impromptu presentations as well as provide and receive rigorous feedback. This course emphasizes the importance of audience analysis and the effective use of visual aids. You will also learn to be more persuasive using evidence from a variety of sources in order to articulate a position in multiple speaking scenarios.
Credits: 1.5
Prerequisites: None
This course intends to demonstrate that decisions affecting the international expansion of the firm are neither obvious nor totally determined by the technological or economic forces generally associated with globalization. Detailed case studies are used to illustrate that the internationalization of the firm is a complex decision-making process operating at multiple levels
of analysis. Students will experience in the classroom a series of major decisions that multinational firms face in the course of conducting business across borders. We will leverage the learning team structure to facilitate discussions on specific topics.
Credits: 1.5
Prerequisites: None
This course emphasizes the development of accounting information for use in decision making and financial planning. A key objective is to understand the incentives of parties to the firm, and to evaluate the performance of managers from the perspectives of both corporate management and capital market participants. The course is relevant to a wide range of career objectives, including consulting, financial services, marketing and strategic management.
Credits: 1.5
Prerequisites: None
Principled Leadership in Business and Society has been designed to further the School’s aspiration to train Principled Leaders: women and men with the knowledge to lead with integrity. Specifically, the following questions will be the subject of a semester-long inquiry: - What do we owe morally to others in a corporate context? - What inclines us to follow some people but not others? - What do corporate leaders owe to society? - What does it take to become an effective leader? - What does it take to incline teams, business units, or entire firms to perform ethically? To answer these questions, two bodies of knowledge will be brought to bear: leadership and business ethics. They will be integrated in hopes of creating a student experience that is equal parts normative and empirical: an understanding of what leaders ought to do and how to do it. Credits: 3 Prerequisites: MBA Students Only
The objectives of the Global Business Experience are to (1) increase your understanding of business in a foreign setting, (2) increase your ability to conduct international business with comfort and confidence in a foreign culture, and to improve your managerial mobility - your ability and willingness to do a job wherever it needs to be done, (3) improve your problem-solving ability, analytical skills, skills of synthesis, and communication skills, (4) deepen your understanding of international business, macroeconomic, and policy issues as they apply in specific country situations, and (5) provide an opportunity for you to integrate and apply knowledge obtained from prior course work. Credits: 4.5 Prerequisites: MBA Students Only