This course covers microeconomic concepts relevant to managerial decision-making. Topics include demand and supply analysis, consumer demand theory, production and cost analysis, externalities, public goods, risk preferences and market structures. Applications are used for an understanding of the economic tools and their potential use for solving real-world problems.
FIN-60220 Macroeconomic Environment (Summer):
Students will be provided the foundation to understand the global economic environment in which managers make business decisions. This foundation includes the analytical, as well as the practical, understanding of the basic determinants of production, unemployment, inflation, the balance of international trade and exchange rates. The role of government policy in influencing both the short- and long-term trends in these macroeconomic variables is also discussed.
FIN-60400 Finance I (Summer):
Creating shareholder value should be the primary focus of the finance function within any organization. Identifying the key value drivers that create shareholder wealth is a critical step in defining and implementing corporate strategy. Additional topics such as financial planning, capital budgeting and capital structure are discussed within a value creation framework.
This compact, two-week course offers a comprehensive overview of communication theory and practices in the management of modern business organizations. The scope of topics ranges from the basics of business writing, document organization and design, grammar and syntax, to the fundamentals of business presentations, listening and feedback, communication technology, business meetings and conflict management. This course is open only to One-Year MBA candidates and is structured as a diagnostic and instructional experience designed to introduce them to the norms and expectations of the North American marketplace.
MBET-60340 Conceptual Foundations of Business Ethics (Fall):
Given the crucial nature of the manager's job, it follows that his or her decisions and actions can have a significant effect on the day-to-day existence of many people—not only colleagues and employees, but the countless others whose economic fortunes are indirectly affected by the manager's policies and programs. If the manager is technically competent and, at the same time, guided by a value system that reflects the nature and destiny of the person, his or her efforts will benefit and enhance the lives of others. Such a career is ideal for the most creative, intelligent and resourceful people in our society.
Introduction to statistical techniques for decision making, including inferential statistics, hypothesis tests, regression analysis, and statistical quality control. Students will be using computer software and data in statistical analysis, with an emphasis on formal modeling and the use of data for managerial decision making and problem solving.
MGT- 60200 Problem Solving (Fall):
Introduce students to opportunities to integrate the lessons learned from accounting, finance, marketing, operations, strategy, and organizational behavior in order to solve business problems.
Introduce frameworks to assist in framing threats/opportunities, problem diagnosis, solution development, and recommendation implementation
Practice using these integrative frameworks to facilitate problem-solving in at least 7 business cases from identification of problem, to recommendation, to implementation plan. Each of the cases chosen emphasizes different aspects of problem solving and integration including: microeconomics, game theory, finance, market estimation and competitor assessment, customer segmentation and economics, product pricing, positioning and branding, and operations.
MGT-60900 Strategic Decision Making (Spring):
The scope and role of strategic management encompasses a general management perspective that involves internal and external analysis, complex decision-making, and implementation of these decisions. The course has four goals: (1) to develop an awareness of the strategic decisions that organizations must make and the factors on which they depend; (2) to provide a conceptual framework for identifying, evaluating, and formulating strategies; (3) to integrate material learned in the basic functional courses; (4) to convey an understanding of the formal and informal processes involved in formulating and implementing strategies. A strategy consultation project, a key component of the course, provides an opportunity for students to work with local businesses and apply tools and skills developed in this course as well as other core courses.
