Develop the three basic skills involved in financial analysis: analysis of financial statements, earnings forecasting, and estimating equity value. Treatment of financial statement analysis focuses on inferences about an entity’s value drivers from its financial statements. It includes a variety of pro-forma adjustments, such as off-balance sheet financing and non-recurring items of revenue and expense, so that the analysis becomes more “forward-looking.”
Learn the foundations of corporate finance and analyze many of the important financial decisions made within firms and other institutions. Some of the topics covered include the valuation of fixed-income securities and stocks, capital budgeting and the choice of investment projects, the optimal capital structure of the firm and how it is affected by taxes, the notion of market efficiency, the valuation of options and other derivative securities and the use of derivative securities in corporate finance.
Become more comfortable with simple statistical analysis in topics such as corporate risk, market research and forecasting. The aim of this course is to teach when a technique is appropriate and what it can achieve, leaving the computational aspects to the computer. The emphasis throughout the course is on concepts and reasoning, rather than technical details. You should acquire, or reacquire, some basic skills in data analysis, but more importantly, become a more informed and critical user of business statistical analyses, as for example, might be undertaken by market researchers, consulting and financial analysts.
Learn to apply microeconomics analysis to managerial decision-making at the firm level. We start with production and cost theory, where we think about the most basic decisions of firms: how much to produce and what inputs to use. We then move to pricing, studying how consumers and other firms respond to price changes and thus how to decide what price to charge. Lastly, we move to game theory, which is a framework for decisions made between a small group of managers or firms (sometimes called business strategy). Game theory is extremely powerful and gives precise mathematical rules and strategies for such things as salary negotiations or price competition between two firms.
Understand the basic concepts of marketing management by identifying and studying the marketing problems and decisions faced by organizations and to illustrate the application of marketing concepts to managerial decision-making. Key concepts such as segmentation, target marketing and positioning are addressed. Tools for linking marketing strategy, profitability and the marketing mix are provided. The course is designed to promote a deep understanding of current marketing practices, by using several theoretical frameworks, international case studies, and application exercises.
Organizational Theory and Behavior
This course covers advanced theory and research in organizational behavior and the application of this knowledge to the practice of management. Accordingly, in addition to the foundational material cited below, this course will focus on several current topics of interest in the field of OB; such as motivation, leadership, group dynamics, organization design, decision-making, communication and organization change.
Human Resources Management - Compensation and Performance Measurement
Explore concepts and topics in Human Resource Management that are critical for creating and leading effective organizations. Topics to be covered include cultural influences on employee behavior, understanding, recruiting/selecting, training/developing, motivating/ leading employees, and performance evaluation and compensation. The course will also address issues on the design of management control system (MCS), human resources management (HRM) and the design of incentive systems for linking to effective performance management.
Strategic Management and Leadership
Examine strategies for gaining and sustaining a competitive advantage. Topics covered include analyzing industries and competitors, Identifying firms' resources, capabilities and core competencies, formulating corporate and business level strategies, managing competitive rivalry, entering international markets and exercising strategic leadership.
Persuasive communication is a vital component to many aspects of business life. This course introduces the basics of communication strategy and persuasion: audience analysis, communicator credibility, message construction and delivery. Successful managers know how to collaborate with other people effectively, and to resolve conflicts constructively. The goal of this course is to define the fundamentals of managing collaboration and conflict in one-on-one and small group settings to Enhance your interpersonal skills in your workplace. Drawing from the latest findings in managerial psychology, we cover the fundamentals of effective negotiation, communication, and persuasion. Special topics include getting buy-in, coping with resistance, and building coalitions.
Operation and Supply Chain Management
The traditional concept of simply making products and delivering service is obsolete. Has your company developed a sourcing and supply chain management strategy that allows you to deliver and communicate value to your customers? Has your company been able to integrate procurement, operations, and logistics from raw materials to customer satisfaction? This course explores the key issues associated with the design and management of a service supply chain. It is designed to create opportunities for revolutionizing your operation through efficiencies in the design and management of your supply chain. Some of the topics covered include the appropriate performance metrics for measuring, monitoring, and controlling the service supply chain; inventory management, and quality control across the service supply chain.
Information Technology Management
Information technology permeates every aspect of today’s business operations. It creates unprecedented opportunities for enabling new business models, forging new organization and employee relationships, reinventing business processes and revolutionizing customer experience. The focus of this course is how firms drive bottom-line improvements and achieve strategic competitive advantage through the transformation of business models, processes and organizations with the support of information technology.
Special topics and Benchmarking of Best Practices
Putting theory into practice. This course will offer an overview of market realities in China and tactics for successful human resources management issues such as labor relationship management, employee training and development, employee benefits, labor law and regulations. Examine a variety of businesses and industries in Shanghai to better understand these realities and participate in a variety of cultural and networking activities to build understanding and relationships to support future activities in this region.