Students learn how to manage the operations function in both manufacturing and service organizations. The case course takes a broad managerial perspective emphasizing the strategic impact of operations decisions. Topics include operations strategy, process design, productivity improvement, quality management, business process re-engineering, service quality, forecasting, demand management, inventory management, production planning, project management, scheduling, supply chain management, and international operations management. Students learn how to analyze accounting for use in management decisions in addition to the study of planning and control. This course also covers transfer pricing, performance measurements, cost behavior, cost allocation, activity based costing and standard costs.
Students learn about the theory and practice of finance from an analytical approach.
Students will apply the basic financial concepts of risk, return and valuation to the decisions that a corporate financial officer or a person engaged in a small business must make about the sources and uses of funds during changing financial markets. Students learn about the management challenge of developing and implementing the most appropriate combination of variables to carry out a firm's strategy in its target markets. Specifically, this course seeks to develop skills in applying the analytic perspectives, concepts and decision tools of marketing to product offering decisions, distribution channel decisions, pricing decisions and communication program decisions. Students learn about top management's job of formulating strategy for the enterprise including the shaping of mission objective, product-market choice and organizational character as well as the allocation of resources to achieve organizational circumstances and conflicting stockholder interest. Students will also develop skills in situational analysis, strategy development and written and oral presentation of well reasoned strategic analyses and recommendations.