Managerial Economics / 관리경제학
This is an introduction to economics from the managerial perspective. While it deals with basic micro and macro economics, it goes beyond what is taught in traditional introductory economics course. We will discuss the nature of modern firms, the design of organizational structure, the compensation system, and the internal labor and capital markets. In short, we will go beyond the traditional production function approach to firms. We will also cover basic game theory, which will be used to bridge the gap between literatures on managerial strategies and on industrial organization. At the end of the course, students are expected to have a good grasp of general economics and develop the ability to analyze any given environment economically and devise the optimum strategy for the situation. The course will be using a textbook and several cases, which will be analyzed using the analytic techniques developed in class.
Financial Accounting / 재무회계
Modern corporations operate in relations with numerous outside stakeholders such as investors, creditors, intermediaries, employees, customers, and regulatory bodies. These stakeholders need information about the entity they are concerned with to make optimal decisions. The information these stakeholders need is diverse in its form and content, but the most important one is accounting information because it aids them to evaluate firm value and credit-worthiness. This course is designed for first-year MBA students whohave no prior exposure to accounting. In particular, this course provides an introduction to the concepts and issues in financial accounting. The course will discuss the preparation and the interpretation of corporate financial statements in conjunction with information uses of stakeholders in the capital market. In addition, the accounting procedures, underlying theories, and problem solving techniques will be emphasized throughout the course.
Statistics & Decision Models / 통계와 의사결정 모형
Many managerial decisions regardless of their functional orientation are increasingly based on analysis using quantitative models from the discipline of statistics and management science. The course is designed to help students understand the basic principles of statistics and optimization. Specifically, this course provides an introduction to the most commonly used MS/OR and statistics techniques and shows how these tools can be implemented using computer programs. From such implementation, students can have an ability to effectively evaluate and act upon statistical reports and data relating to applications in business, and be able to perform certain standard quantitative analyses. This develops students' skills with a standard tool of today's business world and opens their eyes to how a variety of MS/OR and statistics techniques can be used in this modeling environment.
Financial Management / 재무관리
This course is designed to give students the opportunity to learn the basic concepts, tools and techniques for corporate financial management. The students will learn the structural and functional aspects of financing and investment decisions of a modern corporation. Some major topics include: financial statements; time value of money; discounted cash flow method; capital budgeting; evaluation of investment projects; raising capital; the cost of capital structure policy; dividend policy; management of corporate liquidity.
Marketing / 마케팅
Marketing is a rigorous and disciplined science that applies a reasoned framework to the selection of target markets and the optimization of marketing decisions. This course covers concepts, skills, and analytical frameworks essential in marketing strategy, which are the fundamentals for higher level marketing courses.
HRM /인적자원관리
The course is aimed at enhancing students' understanding of human beings at work, contributing to his/her capacity to be an effective leader and manager of those human beings. We will draw heavily on the behavioral science aspects of human capital, psychology, sociology and "behavioral" research, with attention to the economic and financial dimensions that are most relevant. Topics in the course cover workforce of the future, internal and external labor markets, performance evaluation, compensation, career and work-life balance, and implementing strategic change through strategic human resource management.
Strategy / 경영전략
This course considers why some firms consistently outperform others, and it examines the processes through which firms gain and lose competitive advantage. A number of conceptual and analytic frameworks are presented that will help MBA students to assess the strategic health of firms, understand the strategic issues and tradeoffs that they face, and identify needed improvements. Consequently, the course is not only pertinent for students who intend to pursue general management careers, but also to those interested in management consulting, investment banking, venture capital, and other careers where accurate and concise strategic assessments are vital. The course takes a managerial point of view - emphasizing the framing and resolution of large, multi-dimensional problems. As such, the course asks students to act as advisors to general managers or as line managers themselves. This is done by placing students (primarily through cases and projects) in diverse managerial situations: large and small organizations, manufacturing and service industries, growing and mature firms, domestic and international settings.
Managerial Accounting / 관리회계
This course is designed for employees and executives to help create value for firms through costing system designs, cost management, performance management and incentive system designs. While the profit is a function of price, quality and cost, the first part of this course focuses on costs. We deal with various cost concepts such as fixed vs. variable, direct vs. indirect, product vs. period, accounting costs vs. opportunity costs, relevant costs and sunk costs and their implications for value creation. We deal with alternative costing system designs that may induce managers to make different valuations on various decision making alternatives and hence different strategic decisions. While cost is only one of many performance measurement objectives, the second part of this course focuses on performance management through performance measurement. Performance measurement provides incentives that influence decision makings and behaviors for employees of organizations. This course addresses alternative incentive system designs that incorporate financial and non-financial performance measures and their potential impacts on strategic decision makings and value creations of firms.
Information Technology / 경영정보
In organizations today, information technology (IT) has become a key component in achieving strategic and operational goals. As such, most organizations expect their employees to have a minimum basic understanding of the technology. This course is a comprehensive introductory course designed to familiarize students with the fundamental concepts and principles of information systems. As an introductory course, the course will focus on breadth of coverage rather than depth in any specific area. The topics that will be covered include: basic information systems concepts, the strategic role of IT, managing IT-related organizational change, knowledge management, enterprise systems, the Internet technologies, systems development methodologies, and emerging technologies. In addition, business case studies allow students to learn how to deal with the specific managerial problems in the real IT environment.
Operations Management / 생산서비스운영
This course emphasizes the strategic, tactical, and operational planning aspects of operations management. Topics encompass all activities associated with procurement of raw materials to production and delivery of products to the end customers. The focus is on forecasting, aggregate planning, procurement and sourcing, network design, logistics, inventory planning, supply planning, and coordination issues in supply chains. The manifest objective of this course is for the students to learn the basics of the Operations Management activities and to understand how these activities fit within the firm. Though you may not end up with a job in Operations Management, you will find it very helpful to have a basic understanding of the concepts and issues in Supply Chain Management.
International Business / 국제경영
This course helps students answer the question, why and how some firms can create global competitiveness and others cannot. Unlike the strategic management course that mainly focuses on corporate activities and their interaction with environment, this course provides a wider view; A firm is a player of the entire economy. In this perspective, to build up global competitiveness, corporate strategies should be aligned with contextual conditions of all other players in an economy. For example, it is almost impossible that a world best hotel isolated from all other economic players cannot maintain its competitiveness in global markets. Thus, this course explores the determinants of national and regional competitiveness building from the perspective of firms, clusters, sub-national units, and entire economies. The course probes the ultimate determinants of a nation's or region's productivity, rooted in the global corporate strategy and operating practices of locally-based firms, the vitality of clusters, and the quality of the business environment in which competition takes place. This course examines both advanced and developing economies and addresses competitiveness at multiple levels -- nations, sub-national units such as states or provinces, particular clusters, and the role that economic coordination among neighboring countries plays in competitiveness.
Organizational Behavior / 조직행위론
It is very rare to find a job which does not require working with other individuals. Today's workers need to understand human behaviors to work effectively with other people at work place. Also, the quality of organization is determined by the quality of human resources. It is organizational members that determine how to combine other resources. Thus, in order to be successful and effective in an organization, we need to understand human behaviors. The purpose of this course is to help students develop a fundamental understanding of human behaviors in an organization.
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