Business Administration

This course examines imperfectly competitive markets as well as the behavior of firms in these markets. The course looks at the effects of various business decisions and of various forms of policy intervention on the way firms compete and on the outcome of oligopolistic markets. Prominent recent antitrust cases are also discussed. Topics discussed include game theory, the determinants of market power in static oligopolistic models, strategic positioning and advertising, consumer inertia, collusive agreements, horizontal mergers, strategic and non-strategic barriers to entry, exclusionary practices, and anti-trust intervention. Prerequisites: familiarity with basic microeconomics concepts, in particular with the notion of Nash Equilibrium and Subgame Perfect Nash Equilibrium, with basic oligopolistic models (such as Bertrand and Cournot models of static competition) and with the fundamentals of unconstrained and constrained optimization problems.

Organizations increasingly face diverse types of crises, such as natural disasters, accidents, scandals, employee discrimination, or cyber-attacks. Crises have negative, long-term consequences for organizations’ functioning, profitability, legal system, reputation, and human resource management systems. Managing organizational crises is, therefore, complicated and challenging, as it is difficult for organizations, leaders, and individuals to perform under urgent, ambiguous, stressful, and emotional situations. This course offers a framework to help understand how organizational crises arise and insight into the complexity of crisis management. The course consists of two main parts: (1) conditions that affect the vulnerability to an organizational crisis; and (2) crisis management. The first part concentrates on the factors that make an organization crisis-prone, such as human, social-cultural, and organizational-technological causes. The second part discusses crisis management, including what organizations can do to prevent crises and how to contain and resolve organizational crises.

This course provide students with fundamental concepts in accounting, such as accounting postulates, concepts of assets, liabilities, equities, income, expenses, etc. It discusses, in particular, the whole accounting cycle from recording business transactions to the preparation of financial statements.

This course provides students with an understanding of the latest technologies and environments such as artificial intelligence, blockchain, and metaverse. It also covers the data security threats posed by these technologies and equip students with the ability to build risk models and proactively manage information security.

This course discusses processes, methods, and systems used to plan, schedule, and track projects. It explores economic and financial management of projects, as well as quality management.