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Module 4

Entrepreneurship (Functional Elective) (2 credits)

Taught by Tim Peoples

Entrepreneurs exploit innovations to create value and build companies and industries. While entrepreneurship and innovation occur throughout the industry lifecycle, the nature and type of innovations and the manner in which entrepreneurs exploit innovations is more prevalent at various industry stages. In this course, we will examine the context for innovation: the factors that shape industry emergence and dictate the nature of early competitive forces. We will explore the contextual factors that drive entrepreneurship and seek to understand how these contexts are formed by innovation and institutions. We will use the industries in which you work as the lenses through which we will make these examinations.

Legal & Social Foundations of Management (2 credits)

Taught by Chief Justice of Indiana - Loretta H. Rush

The purpose of the class is to provide the student with an understanding of the legal environment as it pertains to transnational business transactions and of the ethical considerations and social, cultural and political influences that affect such transactions. Such an understanding is essential to business management. Students will examine the law of contracts and sales across national boundaries. This examination will provide a framework for a discussion of the ways in which managerial decision making in a transnational context affects and is affected by legal considerations.

In lieu of a traditional text, the readings will be law review articles and case studies and materials drawn from various sources.

Corporate Governance (Functional Elective) (2 credits)

Taught by Ashley Gangloff

The course will focus primarily on the role of boards of directors, as they have the greatest influence on the organization.  Their key roles include hiring and firing the CEO, helping the organization reduce the probability of wrongdoing, and helping the organization's performance with their advice and counsel. We will also discuss how and why boards themselves fail. The objectives of the course are to:

  1. Identify the role and composition of boards of directors, and what that can mean for a firm;
  2. Understand the pressures and incentives that can inhibit a board's function;
  3. Identify red flags that can signal a potential scandal in a firm;
  4. Understand how the set of governance mechanisms works together to, ideally, prevent value loss and create value.

Strategic Management (3 credits)

Taught by Filip Caeldries

Strategic management takes the perspective of the general manager who is involved with managing an entire business unit. One of the most important notions that we will develop in this course is that of competitive advantage. This course focuses on the fundamental conditions that permit a firm to conceive, develop, and sustain a superior strategic position. The course provides an opportunity to develop approaches to general management based on an integration of multi-functional and administrative perspectives. As the course develops, you will practice the application of concepts, tools, and approaches developed in the various readings and during the class discussions.

Please note course offerings and faculty are subject to change.