Business Administration

This course further develops and applies the economic tools learned in Microeconomics I and II and requires fluency in the use of algebra, calculus, and graphs, to develop theoretical models and apply them to particular issues. The course includes an in-depth analysis of current issues in the field of microeconomics theory.

The course discusses capital structure, real options, long-term financing, short-term financing, and special topics such as mergers and acquisitions, corporate governance, and event studies.

At the end of the course students understand and apply the main financial principles and concepts: they understand why and how financial intermediation exists, how the basics of mathematical finance should be applied in the evaluation of financing contracts and financial instruments; how to invest in a portfolio, taking into account both expected returns and risks; and how the monetary policy is related to what they learn in this course, and how to interpret the current issues on financial markets. The course addresses the following topics: principles of finance, financial equivalence, banking services, mortgage evaluations and amortization, principles of valuation, basic financial instruments and their pricings, uncertainty and risk measures, risk and return relation in financial markets, capital asset pricing model, and investment portfolios and performances.

This course introduces basic concepts and their application of finance to students. As an introductory course, it starts with learning about financial statement analysis. Then, concepts on time value of money, basic capital market theory, valuation of financial securities, investment decisions, capital structure theory, and dividend payout will be covered. 

The Introduction to Global Entrepreneurship course answers every aspiring entrepreneur’s most pressing question: How do I turn my idea into a business? The course answers this question by taking a high level, international overview of the entrepreneurial path - from identifying an opportunity opening for business, running the business, and selling the business. This includes exploring the mind-set of relevant stakeholders, such as entrepreneurs, investors, board members, founders, employees, customers, and even friends and family, as well as organizations of all sizes in both the public and private sectors. Moreover, the course equips students with skills to plan, launch, and grow a business, all while making good decisions along the way.

The course delivers a comprehensive introduction to the field of project management. Topics include the processes of project management, leading and managing the project team, project finances and resourcing, the environment and project risk and its management, project administration and the work of the project office, and project development and the critical aspects of using project work in all aspects of organization change and development.

This course provides an analysis of portfolio selection, corporate decision making and asset pricing. It also provides the tools and advice needed to understand corporate finance principles and strategies and information on the risks and rewards associated with corporate finance and lending. The lectures develop the central concepts of modern finance: net present value, efficient markets and the trade-off between risk and return, and use them to explain corporate finance with a balance of theory and application. It emphasizes the modern fundamentals of the theory of corporate finance, while providing contemporary examples to make the theory come to life, such as determining an operating budget and calculating future cash flows. The course also covers behavioral corporate finance, which identifies the key psychological obstacles to value maximizing behavior, along with steps that managers can take to mitigate the effects of these obstacles. 

This course is a practical integrative business course that requires teams of students to operate a simulated start up business. Acting as a board of directors students set the direction for the company to build up the business by making decisions related to its strategy, finance, market, operations, staffing, and innovation. It fosters interdisciplinary decision making in an inexact environment and prepares students for the problems and issues of working in a changing and uncertain world.

This course is designed for students wishing to clarify and advance their career goals through a 16-week internship in Thailand. It provides a structured learning environment to help students make the most of their internship experience. While there are no regularly scheduled class meetings, internships are conducted under the close academic supervision of the Social Policy & Development department at Thammasat University. An assigned internship coordinator provides oversight and guidance for the duration of the internship. The course requires a minimum of 128 total work hours. To facilitate the completion of the internship and maximize skill acquisition, students are required to work at least one full day per week at their internships. Graded Pass/No pass only.