Graduate School of International Management, International University of Japan:
With the aim of developing global business leaders for the future, the program of the Graduate School of International Management (GSIM) is built upon an English-based curriculum which focuses on the comparative analysis of global issues from a Japan-Asia perspective, while also adhering to the high standards set for a global MBA education. Through this unique approach, the IUJ Business School has established itself as a leading graduate business school in Japan and Asia Pacific.
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(First-year Courses)
Corporate Finance
The objective of this course is to provide a thorough introduction to the fundamental principles of asset valuation and financing in competitive financial markets. The course examines the important issues in corporate finance from a perspective of financial managers who need to make significant investment and financing decisions. We start with the NPV rule, which leads us to the valuation of debt and equity. We then investigate the efficient market hypothesis and examine the Capital Asset Pricing Model (CAPM) and the portfolio theories in such a market. We also learn to use the NPV rule to justify capital investment decisions. Option pricing will be the last step in our venture into the world of corporate finance. While this course is not designed to teach an abstract mathematical theory of modern financial economics, a basic theoretical understanding of various topics is essential to competent analysis and intellectual discussion. Furthermore, in examining issues in portfolio diversification, knowledge of basic statistics and spreadsheets will be essential and assumed. Prerequisite: Statistics. Co-requisite: Financial Accounting and/or Managerial Economics.
Economics for Management
Managers at every level- firm, industry, national and international, are endowed with many opportunities and challenges as well. In order to become an effective manager, to exploit opportunities and over come challenges, one should prepare and implement practical management strategies aiming at competing, succeeding and achieving goals. This course on “Economics for Management” provides a solid foundation with rational economic thinking and analysis required for strategic decision-making process.
This course is also designed to provide general understanding of four sectors and three markets of an economy which cover central elements of macroeconomics. These four sectors include firms, business, government and foreign while the three markets include commodity, factor, and financial. Essential theories and current economic issues with real world application will be discussed in order to provide learning partners with theoretical understanding and empirical evidence. The participants are encouraged to familiarise with their own countries economic policies and to examine the effects of those policies on managing firms and industries. No prior knowledge in economics is required for this course but strong desire and genuine effort to learn are prerequisites.
Investments
This course will introduce you to major issues currently of concern to all investors in global financial markets. First, you will understand the basic mechanism of financial markets overviewing major players, assets, and conventions. Second, you will understand basic theories of investment analysis. Finally, you will obtain basic skills necessary to implement theories in real financial markets. Throughout this course, students will be equipped with knowledge and skills essential to start investments as an investment professional or a
sophisticated individual investor. In addition, if you plan to take elective finance courses at IUJ such as Portfolio Management, Derivatives Markets, and Debt Securities Markets, this course will be an important foundation.
Financial Accounting
This course develops an understanding of the basic concepts and procedures underlying financial accounting in accordance with U.S. accounting principles and introduces skills necessary to interpret financial statements included in corporate annual reports. The topics covered in this course include:
(1) Accounting Concepts and Methods
(2) Recording Transactions
(3) IPreparing Financial Statements
(4) Using Cash Flow Statement
(5) Measuring and Reporting Assets, Liabilities and Equities
(6) Introduction to financial statement analysis
This course's main objective is to raise the accounting knowledge to the level that students will be able to use information on financial statements for other business courses.
Managerial Accounting
This course introduces students to the evolving role of managerial accounting in modern business environments. The course highlights the informational need of managers in planning, controlling and decision making. The course will enable students to become proficient in structuring real world business problems systematically and solve them by applying managerial accounting concepts and techniques. The topics include :
(1) Fundamentals of product costing
(2) Activity-based costing and management
(3) Financial modeling - Break-even point and target profit
(4) Differential cost analysis - Pricing, production, and investment decisions
(5) Profit planning/ budgeting and analysis of cost variances
(6) Divisional performance evaluation and transfer pricing
Applied Statistics
The purpose of this course is to provide you with a strong background in statistical principles. This course develops ideas for hepling to make decisions using fundamental
statistical methods, including descriptive statistics, probability distribution, hypothesis testing, conditional expectation and liner regression. We will focus on various applications
throughout the semester with strong emphasis on date analysis.
Management Science and Computer Based Modeling
Business involves dealing with numbers. Numbers are then used strategically to make business decisions. This course is about how to formulate business problems involving numbers and how to solve them using the latest computer tools. The course introduces modeling techniques for resource allocation, operational, and other managerial problems. The course will make full use of computer tools (Excel, CrystalBall and Macros) that integrate the knowledge and implementation skills to solve such managerial problems. It is assumed that students who take this course have familiarity with Windows environment on a PC and have basic Excel skills. This is a core course that is required for all MBA first year students.
Operations Management
This course will introduce basic concepts and practices of operations management in service industries as well as manufacturing sectors. Topics include business processes, inventory management, and quality control. In the course, we will discuss questions such as: Why is BPR (Business Process Reengineering) so important? How can we manage inventory in an efficient way? What are the applications of statistical process control? The course is not only for operations managers but also for general managers who need to revamp business processes to establish competitive advantage.
Marketing Management
This course introduces students to marketing decisions, decisions that are born of competition and form the core of business activity, such as:
(1) What are we going to sell?
(2) What customers will we target?
(3) How can we convince them of our product's value?
(4) What price will we charge?
(5) What is our competitive advantage?
The focus in the first part of the course is on the role of marketing in business, the guiding principle of value creation, and marketing analysis.
Analysis covers consumer and institutional buyer behavior, and the role of the market and competitors in marketing strategy, including market segmentation. In the second part of the course, we concentrate on how elements of the marketing mix interact with the environment to create competitive advantage. Topics include product development and positioning, pricing, promotion, advertising, sales and distribution.
Business Communications
This course combines lecture, discussion and presentation. Its subject is communication as it applies to managers in organizations. This course will help you to analyze audiences, develop arguments, test your ability to persuade in writing and speaking, and improve your overall ability to effectively communicate as managers. Students will examine and practice the communication strategies and skills that are essential for success in business as well as learn how to improve their ability to communicate effectively as managers . Course work will primarily involve individual and group presentations; class participation and discussion; exercises designed to sharpen individual and group performance; and both persuasive and expressive writing. More specifically, this course aims to improve your understanding of the four following areas:
(1) Communication Strategy
(2) Managerial Speaking
(3) Managerial Presentation and Writing
(4) Cross-cultural Communication and Group Dynamics
Organizational Behavior
The purpose of this course is to help you think about events occurring in organizations from human behavior perspectives and management perspectives, and to help you understand and manage these events. The course applies knowledge from the field of organizational behavior and management to provide you with the understanding and skills you need to be an effective manager of people in organizations. This field is important for you as a manager because successful management involves direction, motivation, communication, and working with people to get things done. This course will focus on both the micro and macro dimensions of organizations, allowing you to develop the skills and knowledge you need to manage individuals, groups, and larger organizational systems.
Strategic Management
This course introduces the fundamentals of strategic management, both at the business and corporate levels. While exposing students to the host of conventional analytical tools for strategy design, this course takes the position that strategy design is not separable from strategy implementation. Consequently, it places an emphasis on understanding and enhancement of the process of strategy formation, i.e., the process in which deliberate and emergent strategies dynamically interact and eventually give rise to realized strategies. This course aims to help students:
(1) Acquire a body of concepts and frameworks for analyzing and facilitating strategy design and implementation.
(2) Develop the capability to exercise and integrative perspective of the general manager, utilizing their functional knowledge and experiences
(3) Appreciate the shared sense of corporate "ontology" (reasons for the firm's existence) and the role of leadership in cultivating the effective dynamics of strategy formation.
Essentials of Leadership
The purpose of this course is to help you pick up the essential leadership skills needed in the practical business world. We will look into business cases in which protagonist initiates a change in an organization, empowers his/her subordinates as a middle manager, and leads a cross-functional taskforce from confrontation to success. After conducting an industry and a corporate analysis of the case in the class discussion, students will be given an opportunity to role play as the protagonist in front of class. Fellow classmates will take the position of stakeholders (Customers, Shareholders, Employees etc.) in the case to add reality.
Main objectives of the course are as follows.
1. Understanding the practical knowledge needed to run a company by connecting strategy to operations through leadership (communications and actions) and alignment of human resource systems.
2. Understanding the sequence of processes needed to initiate a change into an organization.
3. Learning empowerment skills to enhance the capabilities of an organization as well as that of colleagues and subordinates. Becoming familiar with the dynamics of a group and practical methodology in uniting a cross functional team.
4. Understanding about yourself through seeing what makes you feel comfortable and uncomfortable regarding management issues. Leadership can be best exercised when you are true to yourself. Lecturer believes that your professional life will be happier if one can find a good fit between your personal values and corporate values.
(Second-year Required Course)
International Management Advanced Seminar I,II and III
From the start of their second year, students prepare a research report on a topic of their choice. This report represents a professional investigation of an original management problem under a faculty member's supervision.
This investigation may take the form of:
(1) an independent research project;
(2) substantial assistance to a faculty member in his or her research; or
(3) preparation and associated analysis of original case materials.
(Second-year Electives)
Corporate Restructuring and M&A
This course provides students not only with the fundamental theories of capital structure, such as the MM prepositions and the role that leverage plays in capital restructuring involved in asset transactions, but also with a variety of financial restructuring techniques, which includes spin-offs, tracking stocks, equity carve-outs, LBOs, reversed LBOs, leveraged recapitalization, share repurchase, and bankruptcy reorganization. Of course, we discuss M&As as a most extreme form of corporate restructuring. Each topic that we discuss describes a transaction that restructures the firm in some particular way. The objectives of the course include: (1) to help build a framework for analyzing various corporate restructuring transactions primarily through valuation techniques; (2) to provide an overview of corporate restructuring approaches which can then be critically applied to solve business problems; (3) to establish an economic perspective from which to assess the corporate and social consequences of alternative corporate restructuring and reorganization techniques. Prerequisite: Corporate Finance. Co-requisite: Financial Accounting and/or Managerial Economics.
Debt Securities Markets
This course is primarily designed to provide, mostly through cases, in-depth analyses of concepts and techniques used in designing, pricing, marketing and trading fixed income securities. We deal with standard bond valuation, risk analysis, bond trading (arbitrage) strategy, securitization and other important innovations, and risk management for financial institutions and/or corporate issuers. Institutional aspects (market microstructure, market imperfection and trading mechanisms) of fixed income securities will be also discussed but limited in scope. Our analysis will first focus on plain vanilla default-free long-term government bonds and related products, and then gradually move towards more sophisticated or innovative fixed income securities. The important intellectual challenges in fixed income product innovations are mostly introduced through case analyses in a realistic investment banking process. The case analyses enable students to more realistically understand conceptual breakthroughs as well as institutional barriers faced by both investors and issuers.
Derivatives Markets
The main purposes of this course are: 1) to understand concepts, principles, and tools for the analysis and valuation of derivative securities such as Forwards, Futures, Swaps, and Options, which are being applied in modern corporate finance, investments, and the management of financial institutions and 2) to obtain basic skills to apply your understanding of derivative securities for Risk Management and Financial Engineering.The knowledge and skills about derivative securities allow you to pursue many goals, which cannot be achieved only with traditional securities, in investments, risk management, and management of corporations. In other words, you will extend your knowledge of corporate finance, investments, and portfolio management into the advanced stage. This course requires basic knowledge of traditional securities such as stocks and bonds, and corporate finance, although there is no specific prerequisite course.
Money and Banking in Japan
This course deals with characteristics of the Japanese financial system, through discussions of "hot issues". Problem loans are currently a hot issue. Consolidation of major banks if also a hot issue. Through the study and discussion of these issues, we can learn about the role of banks, the importance of the financial system, the relationship between banks and business corporations, and so on. In addition, this course provides a comparative analysis between Japan and the United States. Topics covered include the following: (1) The current situation of Japanese problem loans; (2) Comparative analysis of problem loans between the US and Japan; (3) The historical role of Japanese banks that promoted economic expansion in the old days and has resulted in serious problems today; (4) Unique aspects of Japanese business customs involving banks and their changes, including the so-called main-bank and cross-share-holding or "mochiai" and less effective securities markets; and (5) Reform of Japan's financial system.
Portfolio Management
The primary purpose of this course is to explore concepts in and approaches to portfolio management in financial markets. The theories of portfolio optimization and management are discussed with an emphasis on using real-world data to further understand how the theories relate to practice. Some applied topics such as the application of the modern portfolio theory in real estate markets may be also covered. Upon completion of the course, you should have a good understanding of portfolio optimization, objectives and constrains in portfolio management, and portfolio performance evaluation. Also, you will obtain skills to implement theories in real financial markets.
Private Equity & Venture Capital
Anywhere in the world, mobility of people, technology, and money are behind the creation of new entrepreneurial firms. Venture capitalists are more and more willing to pick-up these opportunities locally, with their strategic decisions on industry sectors and geographic focus shaping the venture business of the next five-ten year. The Asia-Pacific region, with its fastest growing economies, buoyant stock-markets and huge market-places, could be find itself at the centre of a new wave of venture-funding.
“Private Equity & Venture Capital” course aims at addressing the fundamentals underlying this phenomena, analysing the industry from an Asia-Pacific region perspective, with emphasis on Japanese venture capital funding in ICT industry. Students will be exposed to a description of venture capital industry, relying on live-presentations of venture capital executives active mainly in Asia , and encouraged to analyse their own country's market.
Valuation of Japanese Management Style
So-called "Japanese Management Style" among major Japanese companies had once
been praised as the source of competitive strength of Japanese "Kaisha," and t
hen criticized as a symbol of their inefficiency as the bubble economy collaps
ed in the last decade of the 20th century. Has the Japanese management style
changed or disappearred? Many experts now have somewhat mixed views; Some hav
e been changed, some other disapperred, but some remain. Japanese companies i
n good conditions have good management styles, and vice versa.
In this course we approach the Japanese management style by using relatively n
ew model for valuation of businesses: real option theory. First we review a b
rief history and the current situation of the Japanese management style. Next
we turn to the basics of real option valuation models, and then apply the the
ory to analyze various aspects of the Japanese management style, and to discus
s strategic decisions that Japanese companies encounter. Mathematics required
is limited to very basic calculations.
Value-Based Management for Japan
The course focuses on performance measures such as chas flow and EVA (Economic Value Added), etc. that are linked to the market value of the company. The first half will provide a solid theoretical foundation by covering several practical applications. The latter half of the course is reserved for discussion on how the basic knowledge of corporate finance theory can be integrated into various management processes including monitoring, capital budgeting, M&A, operation, and incentive compensation in order to maximize corporate value.
Corporate Governance
Corporate governance is concerned with issues of the ownership, control and accountability of companies. We discuss the role of the board of directors, and how it can effectively (or ineffectively) monitor the corporate performance. We address practical questions, such as how the board of directors and executive teams should be composed, or what is the appropriate size of the board. We will spend some time discussing the corporate governance issues in Japan, then compare it with corporate governance practices in other countries such as the United States.
Corporate Financial Reporting
MBA and EBM students together in a class presentation.
As global capital markets expand, the importance of corporate financial reporting continues to grow. This course builds on the first-year Financial Accounting course and explores more advanced topics: pension, lease and off-balance-sheet financing, stock compensations, income tax, and merger and acquisition. The course also introduces institutional setting of financial reporting. Based on this setting, we critically examine accounting standards, the relationship between stock market and financial reporting, earnings quality, and earnings management. Real world cases will be used to illustrate the issues.
Financial Statement Analysis
Financial statement analysis plays a very prominent role for credit and capital markets. This course helps students learn basic tools for analyzing financial statements and evaluating the financial condition of firms. Main topics include financial ratio analysis, credit analysis, assessment of earnings quality, evaluation of the impact of alternative accounting methods, and various equity valuation methods. Various real world case exercises will provide students with practical experience to work on financial statements.
Planning and Risk Management in Tax Aspects of International Business
This course is designed to provide an overview of various international tax risks and opportunities that affect corporations and individuals in today's global business environment.
Topics include:
(1) International double taxation
(2) Elimination of double taxation
(3) Tax treaty
(4) Transfer pricing
(5) Tax haven taxation
(6) International tax arbitrage and
(7) International tax strategy and planning
The course's main objective is to raise the awareness of students concerning current international tax issues and planning opportunities which non-tax business person should be aware of when international business is conducted.
Service Management
This course examines essential issues of service management. Although much of the existing knowledge derived from the study of manufacturing enterprises can apply to services, managing services imposes on us special challenges and opportunities that stem from their unique features. The course aims to promote an understanding of how such challenges and opportunities are managed, and to assist students in learning successful service management philosophies, principles, paradigms, tools and ideas that can be benchmarks for future management practice. Classic and contemporary cases from various service industries are to be analyzed.
Brand Management
Professor Philip Sugai, who had managed marketing at American Express, NY, prior to joining IUJ, teaching a Marketing course.
One of the most effective tools to hedge against market risk and distance similar products or services from competitors is an organization's underlying brand identity. This course provides MBA candidates with the skills needed to successfully develop, manage and promote the core values of an organization's brand internally and in competitive markets. We accomplish this through two specific components. First, we provide a framework within which MBA candidates will be able to study those factors that most often determine the overall success of particular brands in competitive markets. Second, we then provide practical tools to develop and implement winning brands, including the ability to develop a clear market vision, implement a successful marketing strategy, identify and communicate with a specific target audience and position a product for optimal success. This course will especially focus on best-in-class branding strategies and practices across a number of industries.
Marketing Communications
Marketing communications covers the basic topic of how a company can get customers to buy, based on convincing them of the value of its product. This includes the use of the four elements of the "marketing communications mix": advertising, sales promotion, personal selling and public relations. This course covers the role of each element of the marketing mix in each step of becoming a loyal customer, from first hearing of a product, interest, information search, etc. to product purchase and repurchase. We also cover the importance of profitability in deciding on a marketing communications mix, with emphasis on linking costs with the revenues they generate. In this course, students learn the role of communications in strategy, how to develop communications plans based on strategy, how to develop a media plan, and how to track results and analyze those results to determine profitability.
Marketing in Japan
Japan is the world's second biggest economy, and as such, most of marketing concepts practiced in Japan are globalized, nevertheless they are in many points very unique.This course specifically focuses on those points such as consumer behavior, market structure, and implementation of marketing strategy in pricing, sales promotion, advertising, distribution, etc. It also covers various factors that are pressing for important changes in Japanese marketing practices.
Marketing Research
Informed decisions require the analysis of data regarding the environment and its interaction with company decisions. Marketing Research is designed to give students knowledge of the variety of research techniques available, along with their strengths, weaknesses and primary applications. Techniques include gathering secondary data, qualitative research techniques, sampling procedures, survey design, experimental design, basic descriptive statistics, regression, factor analysis, conjoint analysis and other advanced data analysis techniques. For many of these techniques, students gather and analyze data, thus moving beyond simple knowledge of marketing research to a true appreciation of its capabilities and limitations.
Marketing Strategy
Effective strategy is a necessity whenever there is competition. Strategy has been a topic of study for centuries, and the basic principles remain essentially unchanged. This course examines the basics of classic military and other strategies and applies the concepts in cases of marketing problems companies are facing today. Cases focus on some of the world's biggest companies facing some of the world's biggest competitive opportunities and threats. We also examine problems of small companies that are fighting for supremacy in a world where suppliers are under ever-intensifying pressure to cut costs while increasing product quality and service. In addition to case study, students compete with each other managing simulated global companies, focusing on finding and keeping competitive advantage in a changing world.
New Product Development
The ability to successfully develop and launch a new product into the market is one of the fundamental skills that today's business executives must understand. This course examines the most successful strategies, processes and methods used to bring a product from idea generation to market launch. Students will examine the institutional implications of new product development, barriers to success, and effective methods to drive a new product concept through the entire development cycle. Emphasis will be placed on the ability of marketing managers to integrate R&D, consumer and corporate views while guiding a product along the development path. This course will look at a number of industries including high technology, Internet, financial services and manufacturing.
Corporate Social Responsibility
While the area of Corporate Social Responsibility (CSR) was limited to corporate philanthropy or regulatory compliance in the past, it is now linked to intangible value of firms. For example, investors have begun to recognize that the tangible values of the firms stated in the financial statement are only the tip of the iceberg of the true corporate value. CSR is becoming the main component of the intangible value of firms that exist below the sea level. This course introduces concepts and practices of CSR. We will review different theoretical approaches in CSR to build our conception foundation on this subject. We will also use case studies through the course to understand how firms cope with different stakeholders surrounding them including customers, shareholders and employees as well as suppliers, financial institutions, governments and local communities. We attempt to understand both theories and practices of CSR in this course.
Cross Cultural Management
The main objectives of this course are to help students to understand how cultures have an influence upon doing international business across borders and to help them prepare personally and professionally to succeed in a global business context. This course focuses on management and organizational behavior from three perspectives: that is, the values, attitudes, and behaviors that are common to a cluster of countries, specific to one country, or specific to major cultural subgroups within one country. Topics also include management customs and practices in different regions of the world, cross-cultural learning and communications, the development of culturally and internationally experienced employees, teams and managers who will assist in achieving success for an individual, a team, or a firm in cross-cultural business environment.
Environmental Supply Chain Strategy
The integration of the environmental issues into the supply chain is becoming increasingly important for firms. Many firms find opportunities to improve environmental performance and reduce cost simultaneously by integrating environmental considerations in their supply chain. Many firms require suppliers to disclose information on environmental performance such as the certification of ISO 14001. This course introduces concepts and practices of environmental supply chain management and strategy. We will review different theoretical approaches in environmental supply chain management and strategy to build our conception foundation on this subject. We will also use case studies to understand how firms integrate environmental considerations into their supply chain. In addition, we touch on the subjects necessary to understand in the supply chain management including ISO 14001, Life Cycle Assessment (LCA), environmental accounting and environmental partnership building. We attempt to understand both theories and practices of environmental supply chain management and strategy through this course.
Global Strategy and Organization
This course addresses issues of corporate strategy in the context of ever-increasing global competition. The course is designed to help students understand the nature and functioning of multinational (and typically multi-business) corporations, and fundamental managerial challenges they are facing. The course also aims to help students acquire frameworks and skills to analyze those challenges, and develop broad capabilities for international business management. The course is case-driven, and the cases give students an opportunity to apply concepts and frameworks in identifying and framing strategic challenges in international managerial settings and crafting effective responses to those challenges.
Human Resource Management
Human resource management is becoming more essential to a corporation's competitiveness in the context of globalization of businesses. The primary purpose of this course is to assist students in acquiring knowledge and developing skills necessary to effectively manage human resources in today's organizations. Students will be introduced to conceptual frameworks and diagnostic tools that can be used to understand and analyze the various inter-related activities and functions that are the foundation of an effective human resource management system. Beyond assigned readings for the course, team-based learning and studies of human resource management practices highlighting situations in which managers are dealing with "real world" problems, including cross cultural frictions in global business fields will be extensively used to achieve these objectives.
Innovation and Business Development
The course examines how firms develop new businesses based on product and process innovation. In particular, we will look at how firms cope with disruptive changes, identify new markets to enter, acquire new technologies, manage internal corporate ventures, and vitalize organizational dynamics for innovation and new business creation. The course gives an overview of major theoretical perspectives and introduces several cases for class discussion.
International Career Development
The primary objective of this course is to help students manage and develop their own career in an international business context. In this course, while students are introduced to conceptual framework of career development by learning skills and knowledge necessary for success of their career choice in international environments, the uniqueness of this course lies in the sense that its main focus is on students who participate in this course. They are required to make their career visions, missions, and goals that they want to achieve in the future. In this process, this course will help students deepen to know about themselves regarding their own values, philosophy, career anchors, a preferred way of learning, and strengthens and weaknesses of competencies for an individual success in organizations.
Strategic Entrepreneurial Growth
International Business Management focuses on the strategic management of firms engaged The course explores the opportunities and challenges that are involved with entrepreneurial growth. It will provide students with a series of concepts, frameworks, and tools that can be used to manage starting and growing an entrepreneurial business and to anticipate and deal with the challenges that accompany those entrepreneurial activities. Topics include identifying opportunities, assembling resources, preparing the organization for growth, and formulating growth strategies. In this process, the course examines the various growth issues confronting new ventures over their life cycle as well as the challenges faced by rapidly growing companies such as managing expansion with limited resources, delegating responsibilities, creating a shared vision, establishing an effective organizational culture, and professionalizing the business, while maintaining the entrepreneurial spirit and flexibility. This course is particularly useful to students who are interested in starting and growing their own businesses, those who want to manage growth in existing companies by crafting strategies based on opportunities, and those who intend to consult to growing new ventures.
Strategic Environmental Management
We have warmer winters in recent years. We see more catastrophic events in many parts of the world. The scientists demonstrate better evidence indicating the link between our economic activities and the environmental degradation. We are beginning to realize that the environmental issues are no longer negligible in business operations. Negligence of the issues may result in serious economic loss for a company. On the other hand, many companies have begun to recognize environmental management as a way forward to generate economic opportunities. Toyota made a major investment to produce hybrid cars. The hybrid cars have been sold well in the international market. DuPont initiated research and development efforts in producing alternative chemical to the ozone-depleting CFCs (Chlorofluorocarbons) in the late 1980s. When the company successfully developed alternative chemical, it changed its strategic position on the international regulation to ban CFCs. This course introduces concepts and practices of strategic environmental management. To begin with, we will review different theoretical approaches in strategic environmental management. Through the review, you will be able to build their conceptual foundation on this subject. We will use case studies throughout the course to help you understand environmental management in practice and to explore the linkages between concept and practice.
Critical Thinking
This course is designed for students who want to learn basic frameworks and methods for logical thinking and communication, which are indispensable in business. Students will learn how to structure their arguments in a logical way and how to break down problems and consider cause and effect, etc. Students use their skills to understand and analyze complicated events in business through the use of a case study.
Negotiations
Due to the rapid change within today’s global business environment, business leaders at every level, and in every industry must balance various working styles, build efficient management teams, and develop sharp negotiation skills to remain competitive. This course will help students to understand best practices in business negotiations as well as how to effectively resolve conflicts in everyday business situations. A business negotiation may be sometimes the formal affair that takes place across the proverbial bargaining table, in which a business people argue and discuss a wide variety of issues for either individual or mutual gain. Alternatively, such negotiations may be much less formal, such as a meeting between a business person and several fellow employees whose collaboration is need to get a job done. Through this Negotiation class, students will gain the fundamental management skills required to succeed in their future work environment as a business leader. Students will gain such skills through case studies, short cases and role playing.
International Business Law
This course is intended to introduce the students to fundamental principles and concepts of law related to international business. Students will study the legal reasoning process, business organizational forms (e.g., sole proprientorships, joint venture, corprations), international treaties governing business operations, contracts, issues of contractual and tort liability, the international context, and techniques used in drafting contracts used in international business operations.
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