A special emphasis is placed on international issues to provide a foundation for strategic management in a global environment. Trends in trade and international payments are explored. Important international, cultural, political, economic, and legal issues are studied. Alternatives in international pricing, financial policies, and investment strategies also are analyzed. Students are introduced to the theory and practice of modern financial management, and the course examines organization planning, resource allocation, control, analysis, and forecasting related to the acquisition and application of the financial resources of a business.
Students analyze business situations and develop strategies in terms of financial variables.
Participants also learn to use accounting statements as effective management tools and examine key issues of compliance with accounting principles. Computer-based statistical techniques and financial models are emphasized to illustrate key financial indicators. Market advantage is at the heart of a firm's performance in competitive markets. Practical applications of marketing concepts to case problems and to the participant's current situations are emphasized. This area of study focuses on thinking and acting strategically from the leader's perspective.