The objective here is to sharpen participants' awareness and understanding of core phenomena of organizational life: coordination, control, motivation, power and conflicts, as well as cultural and psychological factors. The course draws on participant experience as well as case discussions and lectures.
This course introduces the basic concepts of financial reporting in business activities: inventories, long-term debt, equity, productive assets, etc. Participants learn to analyze financial statements and to interpret them for management decision-making.
Managers need tools and models to help them make optimal decisions under imperfect conditions. This course introduces decision modeling and treats some specific modeling techniques such as linear programming and simulation, giving special attention to practical applications.
This course introduces the main macroeconomic relationships related to national and international policy issues, as well as tools for short-term economic analysis. The principles of market behavior, supply and demand concepts and pricing policy are also examined. Issues of industry structure and manager-friendly methods of industry analysis come into focus here.
Cost analysis is introduced here. Organizational and policy issues of control systems such as cost, profit and investment centers, and transfer pricing are also treated. Methods for tracking strategy implementation are introduced.