This module provides an overview of the way in which the macroeconomic environment affects the decisions of managers. To achieve this goal, students explore the economic thought of different schools and how do they explain the workings of markets and economic cycles. This module helps students to understand the present economic crisis and in the future to be able to forecast economic busts knowing what information one should pay attention to. We will also consider the role of the entrepreneur and the different ways a company can be structured.

The course offers a broad overview of the principal areas of managerial finance and accounting. It aims to develop an understanding of how both disciplines impact and guide organizational life – setting plans, making decisions and measuring actual activities. The course focuses on three interlinked areas: how the capital investment decisions of firms are made, how firms monitor strategy implementation, and how the financial performance of firms and business units is assessed and evaluated.

This course introduces the student to the practice of scientific research at the graduate level. It examines the research process, providing practical advice and insights. The course reviews important quantitative and qualitative research methods, with an emphasis on statistical methods. Topics covered include: hypothesis formulation and theory construction, data collection techniques, writing literature reviews and research proposals, research design, and ethical issues in research.

In this course students learn how to use economic principles as analytical tools for managers, enabling them to make more informed production and pricing decisions. Students also learn how different market structures affect business performance and strategy. Topics include: demand and forecasting, production and cost, pricing and output decisions, and market structures.

Students explore the interaction between strategy, ethics, staffing and leadership. Learners study HRM practices such as recruitment, development, training, compensation, integration of employees, within the context of multinational firms, as well as small and medium enterprises (SME’s). Special focus is placed on issues of diversity, equal opportunity, reward systems, and virtual teams.

In this course, students are confronted with the complexities of doing business on a global scale. Focus is placed on the effects and demands on business operations and strategy when engaging in international trade. The topic is explored from a multi-faceted perspective involving: economic, political, legal, monetary and ethical issues.

This course helps students develop a basic understanding of the essentials of management and the nature of complex organizations. The course provides an understanding of the essential concepts, theories and practices of management. Students explore the management process of planning, organizing, influencing and controlling, looking at each function in detail and with attention to current best practices and challenges. Other issues presented in this context are: decision making techniques, management in an international context, ethics and models of leadership.

This course introduces students to the issues, strategies, and relationships involved in sales & business development activities. Students become acquainted with managing a sales force and helping them sell. Special emphasis is placed on developing a sales force program, managing strategic account relationships, team development, diversity in the work force, sales force automation, problem-solving skills and financial issues.

All students will complete a capstone project. This requirement, synthesizes the student’s learning in a single project that demonstrates the student’s fulfillment of the program’s learning goals.

• A research-based paper between 50 and 75 pages;
• An action project, accompanied by a substantial essay that sets
  the project within intellectual and personal contexts; discusses
  its design, process and outcomes; and reflects on the student’s learning;
• A creative project, accompanied by a substantial essay that sets the
  project within intellectual and personal contexts, discusses the
  process and its outcomes, and reflects on the student’s learning;
• An apt combination of these forms.

Students will be offered the possibility to participate at the regular face-to-face thesis defense dates of SMC in Europe/US or at a virtual thesis defense.

The course is an application of the different methods of financial risk management such as value at risk, derivatives, hedging and financial engineering. Areas of study will include stocks, bonds, commodities and currencies.

This course is a comprehensive base for investing in financial instruments. It describes the current investment practices and theories and provides the opportunity to apply finance theories to practical corporate financial problems. This course also focuses on determining the current value of a firm and the different methods of valuating it.

The class examines the tools used for analyzing industries, accounting methods, financial performance, forecasting methods and valuations of the firm. We will also be paying special attention to nonrecurring items, restructurings, current and fixed assets, intangibles, pensions and contingencies.

This course explores the complexity of making strategic choices based on financial instruments while balancing other perspectives. With an increase of outsourcing within a global economy, strategic finance examines the needs of multiple institutions including government, private, and non-government organizations/non-for-profit organizations (NGOs). The course will also investigate the financial errors of global organizations that made a poor choice in outsourcing based on financial analysis. The course incorporates financial issues of: make vs buy analysis, evaluating economic development incentives, and operations management in a global context.

This course examines the organization, planning, and controlling of projects and provides practical knowledge on managing project scope, schedule and resources. Topics include project life cycle, work breakdown structure, network diagrams, scheduling techniques, and resource allocation decisions. Concepts are applied through a team project which will teach students how to successfully plan and execute projects.