The relationship between the technical IT courses in the program and the more traditional business and strategy courses will be explored to provide students with an understanding of both the curriculum design and expected outcomes Students will be exposed to the big picture issues in the E-business world and the opportunities therein. A module on corporate entrepreneurship will help students begin the process of managing the change required to compete successfully in the E-business domain. This course will introduce students to accounting concepts and procedures essential to prepare, understand, and interpret the financial statements issued by management to such stakeholders as owners, investors and creditors. The course emphasizes understanding the conceptual bases of generally accepted accounting principles and the effects of using alternative accounting methods on financial statements. This course focuses on the managerial uses of accounting information for decision making within information technology enabled business enterprises.
Decisions considered include product pricing, make or buy, and capital budgeting.
The formation of budgets and internal control structures, the design of performance evaluation systems, and cost accumulation and control techniques are also discussed in the light of emerging business arrangements. Business decision-making must be undertaken in light of current legal and ethical demands. Emerging topics on the law and policy of cyberspace will be addressed as well to further highlight the relationship between business and society. Derivatives for executives is designed to promote a basic understanding of derivative instruments and markets and how they can be used to manage different types of risk exposures. Topics covered will include forward and futures contracts, swaps, and options contracts, with a primary focus on risk management strategies in E-business companies.