Program Details

Course Descriptions

Financial Management - MGMT 31000

This introductory course provides students with a foundation to build a meaningful understanding of corporate finance and the role of the financial manager.  As the course progresses topics such as discounted cash flow valuation, bond valuation, stock valuation, cost of capital determination and the decision criteria to apply to project evaluation will be discussed.

Family Business & Entrepreneurship in Italy - MGMT 3900 International Elective

Family enterprises represent the majority of businesses in Italy; most of them are small and medium enterprises (SMEs), with few numbers of very large firms. Of these businesses, more than 65% select top managers from within the family, compared to 25% in France and 10% in England. These businesses produce a substantial share of the economy’s output, and employ nearly 70% of Italian workers in different sectors within the economy.

This course provides an insight into Italian businesses and entrepreneurship. Family business and entrepreneurship will be placed into a national and historical context and the importance of family businesses for the Italian economy will be identified. Students will learn to evaluate the relevance of family businesses for the Italian economy and identify national and international factors and drivers, which can influence entrepreneurial businesses. Students will analyze the life cycle of family business, models of managements, succession issues as well as cultural aspects and values that define the main peculiarities of a family business compared to a non-family business, representing a heritage for future generations.

The students will also have the opportunity to meet local family business (small and medium size enterprises) as well as other well-known Italian brands.

Krannert Faculty Bio