Curriculum

This is a course in applied microeconomic analysis supplemented with selected econometric techniques. It examines the demand, production, and cost theories that are the core of micro-economics. It also considers such topics as regression analysis, hypothesis testing, various approaches to time series data analysis, and forecasting. The focus is on how these forms of analysis provide useful input into the managerial decision-making process.

Emphasizes the role of accounting as a financial information system for managerial decisions. Because course participants will have had differing exposure to financial accounting, the basic financial accounting concepts and procedures will be covered first. Then, specific managerial accounting techniques and concepts will follow. Short cases, term projects and assignments will be used to learn the value of budgeting as a planning tool. Each of the major assignments will require written and oral reports.

Provides the business manager with effective quantitative methods and tools for managerial decision-making and problem-solving. The use of statistical and mathematical concepts and techniques for formulating and analyzing business problems will be emphasized. Instead of concentrating on detailed theoretical material, this course seeks to increase the executive’s conceptual appreciation for statistical and quantitative techniques.

Concentrates on the issues of forming effective teams, group processes and group development. Participants will be evaluated in terms of the overall team performance, as well as through peer evaluations by team members. Topics include: team-building activities, developing group visions, group versus individual decision-making and strategies for improving team performance.

Examines the diagnostic, problem-formulating and problem-solving strategies of top managers. The course serves as an integration of earlier courses and also presents current ideas concerning appropriate strategies for firms of varying sizes in diverse environments.

Focuses on the application of financial theory on managerial decision. Topics include: the areas of risk, valuation, capital structure, mergers and acquisitions, and investment decisions. These issues are addressed through case studies of successful and unsuccessful financial strategies.

Examines various emerging information technologies, possibly including data communications and networking, object-oriented design, expert systems, and group computing software. Emphasis is placed on understanding how to assess the potential application of these technologies to business problems and on the process of assimilating these technologies within the organizations.

Consists primarily of a structured 10- to 12-day trip to compare and contrast international business practices with those of the United States. Preparation includes readings and case discussions of international firms, including those scheduled to be visited. After the trip, a written analysis of the differences and similarities of international and American companies is required.

Topics will vary.

Examines the impact of business on society and the impact of ethical and societal issues on business. Objectives include: improving the student's ability to recognize and identify ethical issues, placing ethical issues in an organizational context, and improving the student's ability to reason toward a satisfactory resolution.

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Examines issues critical to service and manufacturing operations. Topics include: just-in-time systems, total quality management, sourcing and logistics, technology transfer, and risk management. Emphasis will be given to globalization of operations.

This course explores the overall macroeconomic environment within which businesses operate. It focuses on the general state of the business cycle and the related economy wide problems of inflation and unemployment. It considers various measures used to track the business cycle, develops a simple model of the macro economy, and examines the role of fiscal and monetary policy in stabilizing the economy. These provide insights contribute to intelligent firm or product level business decision making.

Investigates the impact of human behavior on organizations and investigates how managers can predict and influence such behavior. Begins by focusing on the individual, then the group and finally the organization as a whole. Topics include: interpersonal perception, motivation, conflict, leadership, corporate culture and organizational change.