In addition, the role and impact each issue will have on business in the future will be examined. Finally, students will create a profile of what managers need to do and how organizations need to operate to be effective in the evolving business environment. The learning method will include group case studies, individual presentations and readings. The purpose of this course is to explore the role of economic theory and analysis in the formation of business strategy and policy. The course is centered on the importance of understanding the competitive environment, including market structure, cost, strategic interactions among competitors, and government antitrust policies.
Emphasis is on the relevance of economic analysis for effective decision making.
Lecture, case studies and discussions constitute the learning methods used. The objective of this course is to explore the techniques that enable the financial manager to make optimal financing and investment decisions within a broad organizational framework. Students will learn to integrate both the theoretical and practical aspects of these decisions, and will learn to fully utilize accounting and financial information to make sound decisions. Topics include financial statement analysis, capital budgeting, cost of capital, capital structure, financial decision-making under conditions of uncertainty, working capital management, multinational finance, and current issues such as derivatives, bankruptcy, mergers and acquisitions, and divestitures. Learning is acquired primarily through case studies, lecture and class discussions.