For those who are inspired to get a head-start on business management or aspire to earn an MBA, this is a special concentration of courses within the Business Economics major to start you off on the right foot.
Making a good business plan, as well as presenting it to audiences that could include supervisors in your organization or investors, are the keys to the successful implementation of a new project in a company, or to starting up your new business. In this module, students will: 1) learn the basics of business planning; 2) look at several examples of business planning; 3) learn and practice ways of making a business plan; and 4) practice presenting those business plans to audiences. The classes will mainly consist of lectures, but students will have various opportunities to think, write and discuss their own business plans in the second half of the classes.
This course provides students the fundamentals principles of corporate finance. Students will learn major financial issues commonly faced by corporate decision-makers. The first part of the course will discuss the financial statements fundamentals, time value of money, valuation and capital budgeting decision. The second part of the course will cover the capital market, risk and return analysis, theories of capital structure and dividend policy as well as the short term financial management implementation.
This course is designed for those interested in starting up a business and anticipating a career in organizations and government offices supporting start ups, or in business innovation and development departments. The course covers an array of various topics, including; (1) Ideation, (2) Analysis, (3) Presenting Business Model, (4) Proof of concept, (5) Entrepreneurship Finance.
This course provides the accounting fundamentals governing preparation of financial statements. It discusses the accrual accounting concepts, transactions analysis and the recording process. The first part of specific topics includes cash, receivables, inventories and long-term assets. The second part covers liabilities and equities. The statement of cash flow and financial statement analysis topics are also covered in the third part. Overall, the whole accounting cycle is discussed so that students will acquire knowledge of the preparation, proper reporting and analysis of financial statements.
Human Resources Management
The human resource function of modern organizations is critical, as people are our most important resource. This course is a survey of theory and practices, and current issues facing organizations as related to attracting, selecting, and maintaining a productive workforce in today's competitive operating environment. Students will examine the changing roles and responsibilities of human resources managers, the responsibilities of organizational leadership for incorporating human resource issues in strategic planning and initiatives with emphasis on current legal considerations.
Globalization, promoting the integration of national markets and enhancing interdependence among nations, has brought radical changes in economic and business activities. Now, managing a business, whether domestic or international, in such a milieu requires a good understanding of not only management from an international perspective, but also the condition of international economy. This course combines materials from both management and international economy, and tries to stimulate thinking from the perspective of a manager in international business. The main objective is to provide understanding over a wide range of management and business-related issues considered important in doing business under globalization.
Principles of Marketing
This course provides an introduction to the principles of marketing. Throughout this course we will examine the basic principles of marketing, including: segmentation, targeting, positioning, and the marketing mix (product, price, place, and promotion)--the STPMM. Students will learn how these various concepts work together to create an offering that will be successful in the marketplace. International and Japanese case studies (such as award-winning commercials that highlight a specific concept) will be used as the basis for in-class discussions and analysis. Prior knowledge of the subject is not required to take this course.
For many organizations, a proper cost management depends on the accurate of cost information. Therefore, a well-designed cost accounting system can avoid costly mistakes in the decision-making process. This course provides students the principles of managerial accounting. The first part of the course will discuss the fundamentals of management accounting, job order costing, process costing, activity based costing and cost-volume-profit (CVP) analysis. The second part of the course will cover the incremental analysis, pricing decisions, budget analysis, standard costing, balanced scorecard and capital investments.
Operations and Service Management
Operations and Service Management covers two of the most important areas of businesses. Operations usually means using the resources of an organization to deliver its services in the most efficient way. Operations could basically be in any type of business or organization private or public. With the advancement of information technologies, the management of operations and services has become heavily data driven. The course introduces students to decision making tools and methods used by business in practice. Most of the classes are conducted in TIU's computer labs. Students will get hands on experience of the use of data science in operations and service management.
This course covers the foundation for the study and application of organizational behavior. The perspective, historical background, methodology and theoretical framework for human behavior in organizations are studied. Attention is given to the micro perspective (perception, personality and attitudes, motivation, and learning), the dynamics (group dynamics, conflict, stress, power and politics, and leadership), and organizational culture. Applications for performance improvement, organizational change, and development are stressed.
Principles of Management
Effective organizational management is essential in order to establish, operate and lead business activities. But what is 'management', and how can we 'manage' organizations? This course is designed as an introduction to the principles and processes of management, including definitions and functions of management, management theories, planning, organizing, leading and controlling organizations. People and team management, and strategic management are also major components of this course. In this course, students are expected to acquire useful business skills, and actively participate in the class discussions.
The objective of this course is to provide students with fundamental concepts and frameworks of business management. Students are also expected to gain various study/management skills such as good analytical skills and effective communication skills.
This course is a first course in applied statistics. It will familiarize you with the basics of statistical thinking, language, and techniques, thus providing you with the needed skills to address questions that have real life consequences and effects. By the end of the course, you will able to organize and summarize empirical data. This course will also teach you how to compute probabilities, making you skillful in the uses of theoretical probability distributions.
"What must managers do, and do well, to make the company a winner in the game of business?" The answer is that good strategy-making and good strategy-execution are the key ingredients of company success and the most reliable signs of good management. The mission of the course is to explore why good strategic management leads to good business performance, to present the basic concepts and tools of strategic analysis, and to drill you in the methods of crafting a well-conceived strategy and executing it competently. Unlike other business courses that concentrate narrowly on a particular function or piece of the business - accounting, finance, marketing, production, human resources, this course cuts across the whole spectrum of business and management. The center of attention is the total enterprise - the industry and competitive environment in which it operates, its long-term direction and strategy, its resources and competitive capabilities, and its prospects for success.