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Module 3

In-Country Economic & Geopolitical Immersion
(2 credits)

Taught by select local faculty

The aim of this course is to provide students with an introduction to the varying political and economic aspects of a central European country that will host the second week of our residency in Module 3. Course design will include real-world readings, discussions, cultural and local company visits, as well as hands-on experience while in-country. During the week of residency, guest speakers and native instructors will manage course work to help expand perceptions of a part of the world that is often overlooked, but whose future is thoroughly entwined with the global economy.

International Financial Management (2 credits)

Taught by Laszlo Urban

This course examines the management of currency exchange risk, equilibrium relationships in the international financial marketplace, accounting for foreign operations, multicurrency funding choices, the taxation of foreign operations, and foreign capital expenditure decisions. The course builds on the materials developed in the first course in finance and has the same emphasis on applications of theory through the use of business cases as the primary vehicles for class discussion.

Negotiations in Organizations (2 credits)

Taught by David Schoorman

This course examines the essential processes by which negotiations are conducted in organizations, with principal focus on the interpersonal aspects of managing a relationship over time.  This approach takes the broad perspective that most interpersonal exchanges can be viewed as negotiations, and examines the strategies for preparing for, and conducting negotiations.  Specific aspects of negotiations that are covered include; the role of perception, cognitive biases, competitive versus collaborative behavior, and developing trust.

Operations Management (3 credits)

Taught by Ananth Iyer

Operations and supply chains are responsible for the bulk of the assets of a company and their deployment has a significant impact on performance. The first segment of this course focuses on operational choices for a single company. It will focus on firm level choices of capacity, inventory and lead time to optimize performance. The goal is to understand the impact of these choices on the system and to anticipate the impact of making changes. Example: operations discussed will include manufacturing and service systems, ranging from automobile and appliances to call centers, health care and banking. The second segment of the course will focus on managing supply chains i.e., collections of firms who jointly generate the product or service. It will focus on understanding the impact of network structure, levels of capacity, impact of forecast error and lead time, approaches to manage global procurement etc. In summary, the course will develop the capability to enhance competitiveness by improving the management of the operation or supply chain.

Please note course offerings and faculty are subject to change.