The aim, content and intended audience for this course are essentially the same as those for its French-language counterpart, FINA 10200. Therefore, the course introduces the basic principles in corporate finance.
This course focuses on the investment and financing decisions that management must make in order to increase the market value of the company's shares, taking into account issues related to sustainable finance and corporate social responsibility.
Themes covered
Fundamentals of financial securities valuation
Risk-Return Tradeoff
Investment decision
Cost of capital
Optimal Capital Structure
Personal Finance
Introduction to sustainable finance and ESG issues
Important notes
Course in French : FINA 10200 Les étudiants en échange ne sont pas autorisés à s'inscrire à ce cours.
The course will focus on the problems facing a financial manager of a large firm. In particular, we will examine how to obtain adequate funds to allow a firm to operate, and how to decide on the optimal allocation of funds obtained by the firm.
To obtain funds, the financial manager must participate in markets for debt and equity securities, so we will discuss how these markets work and how they can be most efficiently used by the firm. In allocating funds, we will learn how to assess the economic benefits of long-lived projects and how to make optional choices between projects. We will also spend time developing basic financial tools that will assist us in the decision-making process.
Important notes
Course in French : FINA 40230
This course is offered for the graduate overseas programs only.
Ce cours focalise sur la création de valeur dans un contexte de PME. Nous aborderons les différentes modalités de gestion présentes dans l'univers des PME tout en analysant les différents défis avec lesquels doivent composer les dirigeants de PME.
Sous forme d'atelier permettant de faire des allers-retours entre le volet théorique et le volet pratique, ce cours focalise sur l'intégration des concepts clés du management pour la création de valeur dans un contexte de PME. L'étudiant vivra aussi, en équipe, une expérience pratique qui l'amènera à mettre en place une démarche de consultation dans une PME existante. À l'issue de ce cours, l'étudiant sera en mesure de devenir gestionnaire dans une PME, d'agir comme consultant auprès de PME ou de démarrer sa propre PME.
Themes covered
La création de valeur pour les PME
Les logiques de réflexions des dirigeants de PME et leur influence sur la stratégie de l'entreprise.
Les processus d'innovation et entrepreneurials (intrapreneurials) pour accélérer la création de valeur
La gestion des opérations et de la performance
Les processus de ressources humaines en PME
La stratégie marketing en PME
Le développement durable en PME
La croissance organique et par acquisition
Le financement de la croissance
Hands on introduction to Bayesian data analysis. The course will cover the formulation, evaluation and comparison of Bayesian models through examples.
Mathematical review. Basics of Markov Chain Monte Carlo methods and sampling algorithms, with a focus on off-the-shelf software (e.g., OpenBugs, Stan, INLA). Approximation methods. Hierarchical modeling, with a focus on latent Gaussian models.
Themes covered
Introduction to the Bayesian paradigm
Formulation comparison and evaluation of Bayesian models
Sampling algorithms and Markov chain Monte Carlo methods
Computational strategies for inference
Hierarchical models
Advanced topics
This workshop is designed to tailor coaching for students and the development of their personal leadership skills and impactfulness. It will give them a clear picture of their skill level as a manager and of their development priorities. The coaching program will assist in their reflection process.
This workshop is for MBA students with or without management experience. The workshop focuses on fundamental notions of mastering and taking ownership of the manager profession. Students will learn to become more conscious of their own management practices, styles, beliefs, and management values . Awareness will be built in class with every-day actions through self-assessment and reflection on students' behaviours. Managing in a post-pandemic world requires managers to revise their conception of work to be more human centred, to manage with more empathy for employees, and to revisit notions of control, delegation, and authority. Students can receive tailored coaching that is geared toward mastering and taking ownership of the manager profession and that goes beyond what can be achieved in the classroom.
Themes covered
Management philosophy/beliefs/style/practices
Going from technical expert to manager
Leadership authority and management roles: First level managers middle managers executives and CEO; boards of directors and governance
Decision making
Moving from more ''traditional'' management to ''post-pandemic'' management
Reflexivity identity and self-management
Defining coaching as a catalyzing relationship
Manager development and incorporating knowledge into actions
This course aims to cover recent developments in the understanding of economic behavior with applications in savings, insurance and pensions.
Departures from the expected utility framework and traditional discounting have been shown to better match observed behavior in many situations. Whether it is loss and ambiguity aversion, present-bias and temptation, or general biases in perceptions of risk and choice situations, these deviations from the standard framework have profound implications for how firms should design products and contracts and how governments regulate and design markets and programs. The course aims to apply concepts to different settings including saving and debt management, the purchase of insurance for various late-life risks faced by agents (e.g. health expenses, disability, longevity, income) reviewing the empirical and modelling literature in each of these settings.
Themes covered
1. Prospect Theory and Decision under Risk
2. Literacy Cognitive Skills and Perception Biases
Acquisition of knowledge, development of skills and attitudes, as well as the understanding of certain tools necessary for being a consultant. Emphasis is placed on the consultation process; that is, the ways in which consultants help managers or client organizations.
Businesses have to adapt and often to undertake major changes to deal with challenges and seize opportunities that arise. In this context, all aspects of the organization must come under review. The role of the manager has become more complex, and consultation, whether it is internal or external, has gained in importance.
Themes covered
1. The profession of consultant
2. The consultant-customer-problem dynamic: exploration of the consultant's role and skills
3. Understand and conduct a consultation intervention
4. Consultant profiles intervention analyses and ethical dimensions of consultation
5. Become a consultant
Important notes
Course in French : MNGT 50401 Préalable(s) : MNGT 56180(A)(Co) ou MNGT 56108(A)(Co) ou MNGT 56109(A)(Co) et être inscrit au MBA à temps plein ou à temps partiel, ou être admis au programme 3792 - Visiteur - Entente mobilité.
In this course, students will familiarize themselves with the fundamentals and applications of artificial intelligence in management. They will develop an application using artificial intelligence, while considering the ethical considerations associated with such applications.
Organizations are increasingly leveraging artificial intelligence applications as part of their digital strategies, both to enhance their value proposition, understand, attract, and retain customers, personalize their relationships with them, and support employees in their tasks. This course is intended for future professionals who will assist organizations in the effective deployment of such applications. To this end, the course adopts an experiential approach that will enable students to master the fundamentals of artificial intelligence, understand the principles of developing AI-based applications, and gain hands-on experience in building such applications. Students will also become familiar with the ethical principles specific to the development and use of artificial intelligence applications in management and will experiment with applying an ethical framework in this context.
Themes covered
Fundamentals of artificial intelligence: origin recent developments types of systems etc.
Operating principles of various models used in artificial intelligence
Tools for developing artificial intelligence applications
Integration of artificial intelligence applications into an organization's business model
Methodological elements related to the development of artificial intelligence applications
Specific challenges associated with developing artificial intelligence applications
Ethical considerations related to the development of artificial intelligence applications
Important notes
Un ordinateur portable configuré selon les exigences technologiques de l'École est requis pour ce cours.
This course focuses on value creation in the context of SMEs. We will address the various management modalities present in the SME world while analyzing the different challenges that SME leaders must contend with.
As a workshop allowing back-and-forth between the theoretical and practical aspects, this course focuses on integrating key management concepts for value creation in the context of SMEs. The student will also experience, as part of a team, a practical exercise that will lead them to implement a consulting approach in an existing SME. At the end of this course, the student will be able to become a manager in an SME, act as a consultant to SMEs, or start their own SME.
Themes covered
Value creation for SMEs
The thought processes of SME leaders and their influence on the company's strategy
Innovation and entrepreneurial (intrapreneurial) processes to accelerate value creation
Operations and performance management
Human resources processes in SMEs
Marketing strategy in SMEs
Sustainable development in SMEs
Organic growth and growth through acquisition
Financing growth
Provide with the bases of business analytics and illustrate its concepts on practical management situations. Use of cases concerning several aspects of management, for example, in economics, finance, human resources, marketing, and operations management and logistics.
We live in a time when managers are asked to do more with less. In many situations it is possible to represent the impact of a decision with the help of mathematical expressions to evaluate its consequences. In addition, computer advances make it possible (in many cases) to quickly identify simultaneous decisions to optimize one or more criteria (e.g., expected benefits and environmental performances) while respecting management constraints. For that, one needs to be able to formalize the decision problem in a mathematical form and to solve it efficiently.
Themes covered
1. Introduction to Decision Support
2. Decision using Linear Programming
3. Decision in a Network Context
4. Making Discrete Choices
5. Taking into Account Non-Proportional Relationships
6. Taking into Account Multiple Decision Criteria
Important notes
Course in French : MATH 50604 Préalable(s) : MNGT 56126(A)(Co) ou être admis au programme 3792 - Visiteur - Entente mobilité.
Provide with the bases of business analytics and illustrate its concepts on practical management situations. Use of cases concerning several aspects of management, for example, in economics, finance, human resources, marketing, and operations management and logistics.
We live in a time when managers are asked to do more with less. In many situations it is possible to represent the impact of a decision with the help of mathematical expressions to evaluate its consequences. In addition, computer advances make it possible (in many cases) to quickly identify simultaneous decisions to optimize one or more criteria (e.g., expected benefits and environmental performances) while respecting management constraints. For that, one needs to be able to formalize the decision problem in a mathematical form and to solve it efficiently.
Themes covered
1. Introduction to Decision Support
2. Decision using Linear Programming
3. Decision in a Network Context
4. Making Discrete Choices
5. Taking into Account Non-Proportional Relationships
6. Taking into Account Multiple Decision Criteria
Important notes
Course in French : MATH 50671 Préalable(s) : MNGT 56180(A)(Co) ou MNGT 56108(A)(Co) ou MNGT 56109(A)(Co) et être inscrit au MBA à temps plein ou à temps partiel, ou être admis au programme 3792 - Visiteur - Entente mobilité.
Familiarization with several concepts that are part of business development: broad definition, value creation in customer relationships, implementation and execution of strategies to achieve organic growth, and interpersonal communication in customer relationships.
Students will be able to understand the importance of business development for themselves and their company. Specifically,
1.Students can assess how value is created across customer relationships.
2.Students can anticipate the consequences of decisions made during the business development process and assess them considering the company's success.
3.Students can apply the basic methods to sell a solution in personal interactions.
Themes covered
Business development: Definition and objectives
Value creation in customer relationships
Sales strategy and its execution
Customer relationships
Social Networking: The value of internal and external networks
Effective communication and active listening
Initial contact and prospecting
Needs analysis
Presentation of a solution product or service
Handling objections and closing
Introduction to the functioning and limits of markets. Strategic decision-making process, considering the economic environment in which the firm operates, including international trade, government interventions, market structures as well as the economic and financial situation.
This course covers all the concepts required to better understand constraints, opportunities and risks from the firm's internal and external points of view. The course focuses on developing a comprehensive strategic vision and contextually optimal decisions.
We study the competitive context of the firm as well as adapted strategies in terms of price, quality and quantity related to market structure, including the type of consumers and the industrial structure (competition, cost structure, etc.).
We also study the short- and long-term dynamics of the economy as a whole in order to better understand temporal considerations related to the economic context: interest rates, macroeconomic policies, inflation and exchange rates, unemployment and growth.
The global vision that emerges is all the more useful in that it can be directly applied to developing the firm's vision, strategies and decision-making.
Themes covered
Theme 1: The functioning of a market economy
Constraints and opportunity costs exchange and value creation; productivity and competition.
Theme 2: The market
Market supply and market demand. Surplus value. Shocks and adjustments. Elasticity.
Theme 3: Costs and the perfectly competitive firm
Structure and types of costs of the typical in the short run and in the long run.
Theme 4: Market power
Marketing and strategic behaviour. Induced and natural monopolies. Price strategies. Network effects.
Theme 5: Markets and production factors
Labour supply and demand; optimal labour-capital combination. Productivity and factor demand. Outsourcing and offshoring.
Theme 6: Market failures and government interventions
Market failures and government interventions. Interventions without market failures.
Theme 7: International trade and global markets
Internal market external market and total demand. Import prices and input prices. Unit labour costs. Industrial clusters.
Theme 8: Macroeconomic environment and strategic vision
Key macroeconomic trends and phenomena. Basic concepts relating to economic fluctuations and financial markets.
Important notes
Course in French : ECON 40830
Equivalent course(s) : ECON 40842
This course is offered for the graduate overseas programs only.
This course deals with advanced grammar, vocabulary and idiomatic expressions. Students will participate in oral exchanges, individual presentations, reading the texts from the current and specialized publications and discussing various notions of business English communication in the workplace.
Awareness of the particularities of oral and written communications in a professional context in English. Special attention will be given to the structure of business meetings, negotiations, interpersonal workplace exchanges, rules for oral presentations, exchanges at socio-professional meetings, business communications (e-mails and reports) and the use of electronic communication in the business world today.
Themes covered
1. Individual presentation on business topics from reputable business journals
This course deals with intermediate business grammar and vocabulary. Students will practice real-life oral exchanges, individual presentations, listening, and reading the texts from the current and specialized publications and various notions of business English communication in the workplace.
Successfully present brief presentations and case studies, apply the skills and knowledge that will serve one in a school and professional context well. The following aspects will be discussed: grammar, vocabulary and idiomatic expressions. We will practice and acquire the skills necessary for oral business communication and real-life exchanges. We will read the texts taken from the current and specialized press as well as practice many formal and informal aspects of business communications.
Themes covered
1. Business terminology with regular quizzes
2. Grammar with regular quizzes
3 . Business article presentations in front of groups of three or four
4. Individual presentations (given once toward the end of the term)
5. Business correspond ence and summary assignments (drafts and revisions)