Course Descriptions
Accounting for Managers
Basic vocabulary required to understand financial
data. Interpretation of financial data including financial statement
analysis and ratio analysis. Cost allocation. Cost measurement and cost
behavior. Budgeting. Performance measurement. Operational and strategic
decisions viewed from a cost perspective.
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Organizational Behavior
The behavior of individuals in organizations; managerial strategies
to enhance organizational effectiveness. Interpersonal relations, group
dynamics, leadership and motivation, team-building, conflict management,
negotiations. Implications of behavioral science concepts for management
decision-making.
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Managerial Economics
Economic framework for decision-making. Analysis of consumer choice,
market demand, and elasticities. Role of price and profit in resource
allocation. Different market structures such as monopoly and perfect
competition, with an emphasis on oligopolistic market structure, and
the unique pricing policies associated with the industry (e.g., game
theory).
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Statistical Analysis
for Managers
Statistical methods including correlation, regression, and analysis
of variance and their applications in managerial decision-making. Emphasis
on use of data for solving problems in areas of marketing, finance,
and human resources. Methods enabling the manager to make decisions
under conditions of partial information and uncertainty.
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Management Information
Systems
Computer-based organizational information systems and the need for and
role of information systems in organizations. Database design and analytical
techniques such as sensitivity analysis and Monte Carlo simulation used
in analyzing data for decision-making purposes. Preparation for managerial
oversight of information systems, including coverage of ethical issues.
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Marketing for Managers
The marketing environment; consumer behavior, marketing planning, pricing,
and promotion. Ethical issues. Developing and implementing marketing
strategies. Enhancing customer satisfaction. Defining and developing
new markets. Strategies for international competitiveness.
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Finance for Managers
Foundations of corporate finance including analysis of financial statements.
Valuation issues including time value of money, risk and return, options,
and financial contracting issues. Capital investment, managing capital
structure, long-term financing including leasing decisions, and mergers
and acquisitions. Current financial environment.
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Operations Management
Introduction to the design and management of business processes. The
objective of the course, which concentrates on managing business process
flows, is to show how managers can plan and control process structure
and process drivers to achieve desired process performance. Topics include
project management, design of systems, process design and analysis,
quality management, capacity planning, managing delays, just-in-time
management, inventory management, and scheduling.
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Communication
Integrates oral, written and technological communication skills in order
to prepare and deliver efficient and effective messages in almost every
professional context. The course is based on classical theories of rhetoric
and contemporary concepts of effective communication. The oral component
of the class focuses on communicative goals, situational demands, and
audience needs, while the written component focuses on developing and
structuring persuasive messages for specific audiences.
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Business Law
Business Law focusses on the basic legal concepts around which society is structured. Legal Principles underlying business relations employment, employment law, consumer law and the relation between law and economics.
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Capstone Consulting Project
Students will work in teams on projects relevant to a participant's organization and present their findings to management and the class.
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Special Topics
Explanation of recent and anticipated developments relevant to management through guest speakers and current readings. Special topics vary with changes in the environment in which business organizations function.
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Ethical/Global Issues
in Business
The first phase of the course focuses upon the world facing business
in terms of cultural diversity and the different socio-cultural expressions
of business and key trends as seen in technological change information,
location and so forth. In the second phase of the course emphasis is
placed on special topic modules such as poverty and investment, global
ecology and environmental management, and multi-cultural human resource
management. In each module students will carry out in-depth research
projects.
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Strategic Management
Enhance the ability to think strategically both personally and professionally
through the use of appropriate concepts, tools, and exercises. Applications
to specific business problems and for long-term performance improvement.
Determination of target markets and strategy development in contexts
meaningful to the participants. Includes fundamentals of strategy, ethical
questions, and international contexts. Integrates the concepts taught
in all the functional areas of management.
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Leadership Skills
Examines personal attributes, behaviors, and styles of individuals that
practice exemplary leadership. Students will participate in an assessment
center to receive feedback on their own leadership and influence styles.
Team leadership concepts including empowerment will also be introduced.
Situations where teams work and do not work will be examined. The remainder
of the course will be devoted to organizational leadership development.
Formation and evolution of organizational cultures and alignment of
individual, group, and organizational needs will be discussed. Topics
such as cultural change, leadership of movements, reengineering systems
and processes, strategic leadership in a rapidly changing environment,
organizational level Continual Process Improvement and Total Quality Management(CPI/TQM), and cross-cultural issues will be included.
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