The course aims at helping participants to think like economists. To this end, participants will learn the main formulas, frameworks and tools commonly applied in the field of micro and macroeconomics. The topics covered are: demand and supply theory, market structure, production, cost and revenue analysis, inflation, unemployment, fiscal and monetary policy, international trade and finance, economic growth.
ENTREPRENEURSHIP AND CREATIVITY
The focus of this course is on understanding how entrepreneurs create economic and social value by tapping into opportunities. In addition, the course explores entrepreneurial approaches related to how managers act when confronted with complex problems and emerging opportunity situations. In that sense, entrepreneurs provide a useful model for all managers including those of multinational corporations.
The course provides the basic knowledge on the use of accounting and financial information systems for decision making. The module is based on International Accounting Standards (IAS) and International Financial Reporting Standards (IFRS).
The course is aimed at providing participants with the knowledge of the various project planning and control techniques. Participants will be able to plan, make estimates, set up a project grid to manage scheduling, calculate project costs, check project progress through the Earned Value Management technique, identify and manage risks, apply quality management techniques.
The module instils the notion of capital budgeting in participants; namely, the analysis of cash flows, risk, and the financial aspects involved in project evaluations. Other important topics covered are debt vs. equity financing and corporate valuation models.
The module will equip participants with the analytical tools that will help them in the task of marketing decision-making. In addition, the course will enable participants to understand marketing as a managerial activity and its relationship with other management functions (operations, logistics, strategy, finance, etc.)
The course provides an introduction to the theory and practice of international strategic management, from strategic vision to actions. The course aims at familiarizing participants with the paradox of globalization and localisation perspectives, an issue typical of European countries, characterized by a culturally, socially and politically complex market of vast proportions.
HUMAN RESOURCES MANAGEMENT
This course will provide participants with a good understanding of how HRM can be a strategic function present in almost all corporate strategy implementation plans. Traditional phases like selection, recruiting, training or practices such as performance appraisals will be reviewed in order to give participants a good idea of operational HR as well as of the strategic approaches employed by managers today.