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Management

2310. Applied Economics for Managers
The fact of scarcity forces individuals, firms, and societies to choose among alternative uses - or allocations - of its limited resources. Accordingly, the first part of this summer course seeks to understand how economists model the choice process of individual consumers and firms, and how markets work to coordinate these choices. It also examines how well markets perform this function using the economist's criterion of market efficiency.
(Prof. Daniel Richards, Massachusetts Institute of Technology: MIT OpenCourseWare)

3110. Game Theory
This course is an introduction to game theory and strategic thinking. Ideas such as dominance, backward induction, Nash equilibrium, evolutionary stability, commitment, credibility, asymmetric information, adverse selection, and signaling are discussed and applied to games played in class and to examples drawn from economics, politics, the movies, and elsewhere.
(Prof. Ben Polak, Yale University: Open Yale)

3210. Financial Accounting
This course helps students to develop a framework for understanding financial, managerial, and tax reports. The course goal is divided into five subordinate challenges that can help students organize the way they learn accounting: (1) The record keeping and reporting challenge, (2) The computation challenge, (3) The judgment challenge, (4) The usage challenge and (5) The search challenge.
(Prof. Richard Frankel, Prof. George Plesko, Prof. Kin Lo, Massachusetts Institute of Technology: MIT OpenCourseWare)

3310. Technology Strategy
This course provides a series of strategic frameworks for managing high-technology businesses. The emphasis throughout the course is on the development and application of conceptual models which clarify the interactions between competition, patterns of technological and market change, and the structure and development of organizational capabilities.
(Prof. Jason Davis, Massachusetts Institute of Technology: MIT OpenCourseWare)

3410. Financial Management
Financial Management studies corporate finance and capital markets, emphasizing the financial aspects of managerial decisions. It touches on all areas of finance, including the valuation of real and financial assets, risk management and financial derivatives, the trade-off between risk and expected return, and corporate financing and dividend policy. The course draws heavily on empirical research to help guide managerial decisions.
(Prof. Jonathan Lewellen, Massachusetts Institute of Technology: MIT OpenCourseWare)

3510. Management Accounting and Control
This course is an introduction to the use of accounting information by managers for decision making, performance evaluation and control. The course should be useful for those who intend to work as management consultants, for LFM (Leaders for Manufacturing) students, and in general, for those who will become senior managers.
(Prof. Mozaffar Khan, Massachusetts Institute of Technology: MIT OpenCourseWare)

4120. Game Theory for Managers
This course examines the choices that we make which affect others and the choices others make that affect us. Such situations are known as "games" and game-playing, while sounding whimsical, is serious business. Managers frequently play "games" both within the firm and outside it with competitors, customers, regulators, and even capital markets! The goal of this course is to enhance a student's ability to think strategically in complex, interactive environments. Knowledge of game theory will give students an advantage in such strategic settings. The course is structured around three "themes for acquiring advantage in games": commitment / strategic moves, exploiting hidden information, and limited rationality.
(Prof. David McAdams, Massachusetts Institute of Technology: MIT OpenCourseWare)

4210. Logistics Systems
This subject is a survey of the fundamental analytic tools, approaches, and techniques which are useful in the design and operation of logistics systems and integrated supply chains. The material is taught from a managerial perspective, with an emphasis on where and how specific tools can be used to improve the overall performance and reduce the total cost of a supply chain. We place a strong emphasis on the development and use of fundamental models to illustrate the underlying concepts involved in both intra and inter-company logistics operations.
(Dr. Chris Caplice, Prof. Yossi Sheffi, Massachusetts Institute of Technology: MIT OpenCourseWare)

 

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