Overview
This course focuses on managerial decision-making, providing students with the skills needed to identify problems, gather and analyze relevant information, and critically assess the implications of decisions.
In this course, we will discuss theories for measuring and evaluating firms' profitability in light of their strategic positioning and delve into methods for costing and pricing. Participants will learn to estimate relevant costs using activity-based costing (ABC) systems, handle capacity and capital costs, and apply different approaches to strategic pricing. The course incorporates insights from behavioral research and emphasizes the importance of addressing ethical and sustainability considerations in the decision-making process, with real-world business scenarios used to demonstrate its relevance.
The overall goal of the course is to help students develop critical thinking to analyze and evaluate complex business scenarios.
Target student
This course is well-suited for individuals aspiring to careers in consulting, management, or financial control positions within a company. With an emphasis on building critical thinking skills, students will be expected to actively engage in class through lively case and ethical dilemma discussions, as well as presentations.