Study of topics recently published in financial management literature. The topics will be selected from international, corporate, risk management topics and vary from term to term. Introduction to managerial decision analysis using quantitative tools. Topics include a general framework for decision analysis, decision tables and trees, simulation, linear programming and related techniques, classical optimization, forecasting, and probabilistic and statistical techniques. Uses applicable decision support software.
Emphasis is on applications.
No textbook is required. All course materials will be provided to the students. Participants will be able to perform environmental scanning through the understanding of the elements of corporate, competitive and operational environments. Participants will be exposed to different tools for evaluation of opportunities and threats and for identifying sources of strategy. This simulation will provide participants the experience of working in teams.