The objective of this course is to provide you with an overview of the financial accounting and reporting model. After completing the course, you should be able to understand the difference between cash-based and accrual-based accounting systems, appreciate the interrelation between the balance sheet, income statement, and statement of cash flows, and complete simple financial statement analysis. These skills will help you use the language of accounting in business conversations and to prepare for courses that use accounting data to make value-enhancing decisions.
Analysis and Reporting of Financial Information
The objective of this course is to familiarize you with the accumulation, analysis, and presentation of relevant accounting data of an enterprise to serve the needs of (1) creditors, investors, and other external decision makers, and (2) enterprise managers. The course examines the ways in which enterprise managers (1) analyze corporate performance using accounting information, (2) account for the most common and significant transactions of a firm, and (3) drive corporate performance related to resource allocation decisions and performance evaluations.
Financial Markets and Corporate Decision-Making
In this course, you will develop analytical capabilities that form the basis for making financial decisions in corporations. The course focuses on the following topics: 1) time value of money, 2) stock and bond valuation, 3) the relationship between risk and return, 4) financing decisions, 5) corporate valuation, and 6) derivatives.
Firm Analysis and Strategy
Firm Analysis and Strategy is an integrative course that presents concepts related to microeconomics and competitive strategy. Understanding basic microeconomic concepts allows managers to make better business decisions. Moreover, microeconomics represents the basis for developing understanding in several other business disciplines, including finance, strategy, and operations management, among others. Competitive strategy is concerned with managing the competitive position and long-term development of the business enterprise in order to ensure its survival and success. The course provides frameworks, tools and concepts to make economically sound business decisions, and ultimately to identify or create sources of competitive advantage. You are placed in the position of key decision makers (or their advisors) and are asked to solve economic problems that relate to the competitive advantage of the firm. This course will help you apply economic theory to make better decisions in complex situations and improve strategic and systematic thinking.
The aim of this course is to introduce you to empirically based quantitative techniques that will help you analyze, interpret, and communicate business data as a basis for informed decision making. The emphasis in the course is the development of model-building skills and the ability to interpret the results of a regression analysis. This course will help you learn to measure variability, uncertainty and risk through data analysis, develop point and interval estimation procedures, validate claimed values for population parameters through hypothesis testing, and model and explain data trends, variable relationships, and forecasting through regression.
Marketing Analysis and Customer Strategies
Marketers strive to anticipate important needs of target customers. Accounting for the strengths and weaknesses of their organizations, their goal is to create meaningful value propositions embodied in attractive products and services. They also seek to understand how target customers interact with their environment, and they design cost-effective means of communicating and delivering their value propositions. By taking this course, you will gain a deep and detailed understanding of how marketers create value and contribute to the financial growth of the firm, learn tools and frameworks that help them develop compelling marketing plans, and develop a mindset that judiciously combines creativity with critical thinking.
Principled Leadership in Business and Society
In furtherance of the Georgetown McDonough goal to train principled leaders, this course seeks to increase your capabilities to lead, to navigate the moral demands of business, and to manage the social impacts of global enterprises.
Structure of Global Industries
This course provides an intensive, integrative learning experience examining the economic, political, and cultural contexts of several global industries. In team-based projects, you will investigate the influence of these factors on the competitive and geographic characteristics of a global industry as well as their effects on both global and local economies. You will also explore ethical issues that arise in global contexts, begin your journey toward becoming more effective communicators, and get your first strong taste of the Georgetown McDonough student team experience.