Saturday, September 02, 2006

Term 3

Courses taught

Corporate Finance - Our first foray into a finance subject. The course taught us how to value and rate projects and propositions. How can a project be financed? A peek into the financial instruments used by companies and individuals to hedge risks.

Managerial Accounting for Decision Making - What are the key issues to be aware of while taking decisions? How to value trade-offs?

Entrepreneurship - Defines entrepreneurship? How do entrepreneurs view and create opportunities? How do VCs and others determine the value of a business? Entrepreneurship in financial and social contexts? Challenges in starting a business?

Operations Management - What are the operational issues to run a firm / factory? How do you design processes and services to have maximum operational flexibility and yet be efficient?

Term 2

Courses in Term 2

Decision Making and Optimization - The course highlights business issues that would benefit by using optimization techniques. The professors did a good job by highlighting how seeming problems can be broken down into pieces and how each part can be understood and solved through the tools and framework of the course.

Global Economics - What is the impact of global / macro issues on the business world?

Marketing Decision Making - A major chunk of the course is devoted to MarkStrat, a marketing strategy simulation game which allows us to act as product managers. My study group did not get a hang of the game till the very end. This is going to cost us dearly in terms of grade.

Competitive Strategy - How do you use frameworks to understand competition? What can be done to counter competition and to build advantages for ones own firm?