Course Descriptions for 2018/2019 Academic Year – GSIM –
ACT1010 Financial Accounting
This course introduces concepts and mechanics of financial accounting. It covers preparation, interpretation, and analysis of corporate financial reports. It will help students to understand how well a company creates value and how to assess managers’ contribution to the creation of value. By the end of the course, students will be able to feel comfortable with dealing with real world corporate financial reports.
ACT4090 Practice in Financial Accounting
In continuation of Financial Accounting (ACT1010), this course further introduces essential topics of financial reporting which can be usually found in real financial statements. Examples include comprehensive income, fair value accounting, income tax, consolidation, lease, and pension liabilities. This course is also a stepping stone to advanced elective courses like Financial Statement Analysis (ACT4100). It will facilitate effective financial analysis in those courses.
ACT4100 Financial Statement and Business Analysis
This course introduces standard frameworks of financial statement analysis. Main approach is fundamental analysis. Various steps will be introduced in detail with examples: extracting information from financial statements, analysing it, building scenarios, and determining a corporate value. Participants who would like to work as a financial analyst or a financial manager will get the most of benefits. The course will also cover various situations through actual financial statements, cases, and contemporary articles.
ACT4110 Managerial Accounting
This course introduces students to the evolving role of managerial accounting in modern business environments. The course highlights the informational need of managers in planning, controlling and decision making, and shows how to take advantage of accounting information. The course will enable students to express real world business problems into manageable ones in a systematic way and solve them by applying managerial accounting concepts and techniques.
ACT4120 International Taxation
The main purpose of this course is to obtain basic understanding of Japanese domestic tax laws and international taxation. This course also attempts to summarize the laws related to investment transactions from overseas to Japan. By taking this course, students will not only have broad information of business practices and taxation in Japan but also be aware of on-going international taxation issues.
FIN1010 Corporate Finance
Rapid technological innovation and market competition nowadays make existing business or industry change faster than ever. To stay competitive, a company must modify and evaluate the business all the time. Every investment as well as business expansion, a reorganization, or acquisition with strategic, financial, and organizational implications will force the manager to consider a broader aspect of the business in making a better financial decision. This course provides today’s managers an ability to make a capital investment, understand the financial information, and communicate effectively by using business language.
Through this course, you will be equipped with the following skills: (1) Analytical skill, (2) Quantitative skill, and (3) Investment skill which are necessary ability in implementing financial theories in real markets, making investment decisions, and understanding the primary mechanism of financial markets overviewing major players, assets, and conventions. This course will also provide an essential foundation for students to study advanced financial courses such as Corporate Finance, Portfolio Management, and Risk Management.
FIN4080 Portfolio Management
Portfolio management is designed to explore concepts in and approaches to portfolio management in financial markets. The understanding of the theory of modern portfolio analysis provides a bridge between knowledge and practice in financial markets. This course will help you to extend your knowledge of individual financial assets such as stocks and bonds to a portfolio context. The analytical skills you will learn in this course will be a strong foundation for further study of Derivative Securities. Basic knowledge of investments and capital markets is required for this course.
FIN4200 Risk Management
Risk management is often described as being an independent activity of the firm, different from generating revenue and is a part of an optimization program, the tradeoffs between risk and return. This course is mainly designed to understand such an optimization problem which involves deciding on the level of capital employed not only for working capital, or physical investment capital, or human capital but also the amount of risk capital in deciding on the profitability of various business lines and how they coordinate with each other from the perspective of enterprise level.
FIN4370 Project Financing
FIN4390 Derivatives Securities
Derivatives Securities allows students to understand concepts, principles, and tools for the analysis and valuation of derivative securities such as forwards, futures, swaps, and options. The knowledge and skills learnt allow you to pursue many goals, which cannot be achieved only with traditional securities, in investments, risk management, and management of corporations. In general, the tools and concepts learnt have broad applications in finance and corporate management. This course requires basic knowledge of traditional securities such as stocks and bonds, and corporate finance. This course consists of lectures, discussions, assignments, and projects.
FIN4400 Advanced Corporate Finance
Advanced corporate finance covers more advanced topics related to capital structure theory and real options. In addition, this course also explores current topics related to corporate governance, behavioral finance, corporate social responsibility, environment-social-governance considerations, and recent developments in the area of green finance. Knowledge of concepts covered in the corporate finance course is vital in order to fully participate in class discussions. Course materials consist of cases, power point slides, book chapters, various articles, etc. Students will be assessed based on assignments, case analysis and discussion, a group project, and active participation in class.
FIN4410 Debt Financing and Bond Markets
This course is designed for MBA students to specialize in corporate intermediate and long-term financial planning for small and large corporations with a possible use of debt financing. Leaning debt financing is almost equivalent to learn about all financing alternatives available for firm’s growth or even for its restructuring. We begin our discussion with basic challenges on corporate use of liabilities and its consequence of firm’s value creation interacted with corporate strategic choices. After leaning these basics of debt financing, a few selected real-world cases are provided for through discussion how alternative uses of debt financing create or destruct the value of project or corporation.
FIN4420 M&A and Restructuring
This course is designed for MBA students to become familiar with corporate M&A and restructuring by using asset valuation techniques for the different owners. The course also achieves to the objective of assessing deriving factors and economic perspectives to social impact of these corporate transactions. The course is useful for the student future careers in financial advisory as well as in corporate financial management in a global context. Financial advisories, for example, help facilitating various forms of corporate deals including corporate spin-offs, carve-outs and international M&As. The student analytical skills required for financial advisory and deal negotiation should advance through carefully selected weekly provided cases.
FIN4430 Practice in Financial Research
This course offers an overall review of finance research, especially empirical finance research, useful for MBA students to self-start their own thesis and/or research reports. The topics consist of recent research trends, research motives, literature and its survey, methodologies, data and data bases, hypotheses (even for research reports), and reporting/writing in corporate finance and capital market research. I use one or two examples from my current project on the Japanese IPO sample and stock market data to cover these aspects of financial research. There are a few examples of research proposals at the MBA level used as a case study. Toward the end of the term, participating students are expected to prepare a competitive and focus-clear research proposal.
FIN4440 Entrepreneurial Finance
Entrepreneurial Finance helps prospective entrepreneurs make decisions regarding the financing, deal structures, and exits of new ventures. This course covers both the financial aspects of entrepreneurship such as financial modelling of valuation methods, pro-forma financial statements, etc., and also discusses how to develop the business model to understand the nature of venture businesses in order to enhance both qualitative and quantitative analysis. This course consists of lectures, case study discussions, assignments, and projects.
ITC4100 Mobile App for Business
Mobile devices and app had become a substantial part of our lives. The combination of data connectivity, portability and smart interface create a unique value to everyone. Businesses see its huge potential and are exploring ways to make best use of it. This course introduces the app ecosystem and formulating mobile business strategy for businesses of all sizes. Students will learn several aspects – from developing and licensing an own app to marketing and accelerating the app business. Through case discussions, students will learn diverse use of app in different industries – way beyond marketing and advertisement.
ITC4110 Data Analytics and Artificial Intelligence
Playing at the heart of Organizations’ Digital Core, Artificial Intelligence (AI) is rapidly emerging as the most important and transformative technology of today’s business. Recent advances in machine learning have led to a proliferation of ever more sophisticated applications that are changing the game for companies in almost all industries. ML algorithms offer better ways to automate business processes, detect based on patterns in data and help business to do informed judgement and proactive measures. Students are to gain an understanding of the growing deployment of AI and comprehend what it can and cannot do for their own workplace.
ITC4120 Digital Business Models
Digital business is the creation of new business designs by blurring the digital and physical worlds. It promises to usher in an unprecedented convergence of people, business and things that disrupts existing business models – even those born of the Internet and e-business eras (Gartner). Students will learn how to understand, design, and implement a game-changing business model or analyze and renovate an old one. Students will learn to understand at a much deeper level of customer segments, the core value proposition, distribution channels, revenue streams, cost structure, and key business alliances.
ITC4130 Digital Business Transformation
The so-called Industry 4.0 refers to a complex evolution of the entire industrial sector that includes technological advances in production equipment (i.e. Additive Manufacturing), smart finished products (IoT), data tools and analytics, involving activities and stakeholders at all levels. This course employs a dual perspective of managing technological change based on organizational theories and the process innovation, delivering key insights and the impact of those driving forces on an enterprise. The course explicitly considers a firm’s need to manage the impact of such transformation on the employees and to inspire them so that they can communicate and innovate effectively.
ITC4140 Japan’s Frontier of Digital Society
JDP4050 Japanese Employment Practices and Human Capital Accumulation
JDP4060 Business Leaders in Japan
JDP4070 Monozukuri (Manufacturing) Management in Japan
JDP4080 Small to Medium-sized Firms in Japan
The objective of this course is to introduce how small to medium-sized firms (often called SMEs) have developed. Dividing the history of modern economic development in Japan into several eras, lectures and discussions of this course focus on the following three points. First, SME development is the result of operations by each firm, thus, we see cases of typical SMEs established in each era. Second, we discuss policies supporting SMEs in Japan. Third, based on the understanding of SMEs and policies in Japan, we discuss the internal and external environment surrounding SMEs in low- and middle-income countries.
JDP4090 Japanese Style Management and Corporate Governance
This course will introduce Japanese style management. It was established amid social chaos after World War II and has evolved into a unique management system which is distinct from a typical textbook model. This new system eventually led Japanese companies to rapid growth and worldwide success. The creation of Japanese management system was an adaptation process of business theory to its unique environments. Its success was not accidental, but based on sound economic rationality. This course will review this process and economic rationality behind it.
JDP4100 Japanese Corporate Finance and Financial System
This course is designed for international MBA students in particular to learn about the relations between Japanese corporate/economic performance and supporting financial infrastructure in a historical context. We critically review the roles of financial systems how they worked. Then, we more critically review these (once very effective) Japanese financial systems and Japanese business models under new globally and innovation oriented environments during the post-bubble period (lost decades). The critical articles and cases in this course cover advantages and disadvantages of Japanese businesses and financial system associated with unique Japanese corporate governance under new global financial and industrial environments.
JDP4110 Development of Japanese Industries
MCM4100 Business Presentation
This course develops a sound conceptual understanding of persuasive communication through effective presentations, as applicable to individuals in leadership positions in organizations. Students learn about “presenter’s mindset,” “psychological presence,” and “influence.” They also develop the ability to speak assertively; logically structure and naturally deliver a value-based presentation to an audience; and become more confident as communicators. The course combines interactive lectures, group discussions, and individual & team presentation activities with customized, constructive feedback. In addition to text materials and cases, the course uses selected TED-talks, expert presentations, and comments from presentation experts from online sources, for modelling and in-class discussions.
MGT1000 International Management
This course of international management is designed to provide student core knowledge for carrying out management in an international business context. Given the globalizing business world that we are living and working in, a better understanding of how to deal with international phenomenon and management has become a must. By applying both theoretical and practical sessions, students need to work in group for a real international business planning.
MGT1010 Organizational Behavior
Due to the rapid change at the age of globalization, business leaders are now facing with the critical and tough situation and they are required to respond to the change by making the best decision consistent to the vision and mission shared among the organizational members.
From aforementioned points, this course provides participants how to manage events occurring in organizations derived from human behaviors and management activities.
In order to achieve organizational goals in global and cross-cultural environment, participants should understand the concept of global leadership and how to exercise their leadership capability by influencing the organization and people.
MGT1050 Strategic Management
The firm’s strategy, as a whole, is essentially of an integrative nature and does not break into parts that can be separately addressed. Yet, in an individual managerial situation, the manager must focus on the specific strategic task as if it were a separable part of the whole strategy. This course introduces the basic tools, concepts and frameworks useful in conceiving a firm’s strategy as an irreducible whole. Throughout the course, the essential task for students is to develop the ability to take a company-wide, integrative perspective when making a decision in a specific business situation.
MGT1200 Leadership Bootcamp
One of the most important capabilities of a Leader is the ability to make informed strategic decisions without having access to perfect and complete information. This course is meant to serve as a “Capstone” course within the 1-Year MBA curriculum, bringing together all of the hard and soft skills students have learned to become effective global leaders, and put these into practice through real-time interactions with the senior leadership team of a chosen company. This course will focus on enabling participants to develop to practical skills and capabilities to analyze imperfect and incomplete information within a constantly changing business environment.
MGT1220 Strategy Simulation
MGT1250 International Career Development
MGT1280 Corporate Social Responsibility
MGT4330 General Management
MGT4460 Innovation and New Business Creation
This course is about innovation, not invention. Innovation, by definition, refers to the whole process of going from idea to market acceptance, through design, development, production, market development and sales. Innovation poses formidable challenges even to many well-run companies because it often induces discontinuities along various dimensions such as technology, markets and organization. While many companies simply try to accommodate discontinuities (and often fail to do so), some great companies can exploit and even create discontinuities to leapfrog competition. This course examines innovation and related issues of new business creation, mainly in the context of established firms.
MGT4490 Negotiation Strategy
A business negotiation may be sometimes the formal affair that takes place across the proverbial bargaining table, in which a business people argues and discusses a wide variety of issues for either individual or mutual gain.
Upon completion of this course, student should be able to:
- Outline strategies of negotiation, conflicts and business communication, which help students at the new start of business career after graduation, through discussions and practices in this program to have confidence in the daily tasks
- Embody their knowledge, concept, theories and learnings in the other programs as the dynamic business conflicts resolution.
MGT4540 Competing in Emerging Markets
This course of Competing in Emerging Markets focuses on the challenges and opportunities associated with business and management in emerging markets. By examining the various social economic and institutional factors particular to emerging markets, the course addresses specific organizational strategies that firms need to pursue to overcome these obstacles and exploit opportunities in emerging markets. The course combines lectures, class participation, cases, and a number of visiting speakers will help to tie the course theory to business practice.
Business leaders must understand how their leadership is effectively functioned in their decision making, especially in the critical situation. Furthermore, in order to achieve organizational goals, they must understand the difference between the management systems and their leadership power by empowering their people and applying organizational resources.
Upon completion of this course, student should be able to:
- understand what leadership is, how to use leadership, and how to develop leadership capabilities in order to become a competent business leader
- become effective business leaders who can implement and lead business goals in organization environments.
MGT4570 Human Resource and Global Talent Management
MGT4590 Service Management
MGT4600 Strategies for Social Infrastructure Projects
The development of large infrastructure projects may lead to a high level of social and environmental impacts. On the other hand, new business opportunities may create shared value (CSV) for the business and for the community under business operations. Entrepreneurship-minded small business plans may also bring about significant benefits to society. This class provides students with an opportunity to assess social and environmental impacts (positive and negative) of business models of their own interests and to explore their own CSV-oriented business plans, analyze them, and present and share them with their colleagues in classroom.
MGT4610 Corporate Strategy
This course of Corporate Strategy involves strategic decision making and management at the corporate level. Through the business logic, added value logic and capital market logic, the course evolves with portfolio strategy, adding and subtracting values, and management strategy from the corporate headquarters’ perspective, and interaction with business strategy. The approach of the course is practical and problem-oriented. The major part of the course will involve applying concepts, analytic frameworks, and intuition to the strategic issues which real-world companies face.
MGT4620 Chinese Management
With the rising economic power of Chinese business and economy, the purpose of this course is to help students understanding on the dynamics of business and management in China, and to help them improve their capabilities for business doing in China，and with Chinese enterprises. The course will tackle both doing business in China and the internationalization of Chinese enterprises. Different themes of innovation, leadership, digital business, and expatriation will be debated in the class to provoke profound reflection and understanding of Chinese phenomenon and management.
MGT4650 Entrepreneurship & Small Business Development
This course is particularly useful for students who are interested in starting their own business and want to learn different aspects of business management. This course is also suited to those involved in corporate entrepreneurship or in improving competitive positioning and transforming corporations towards value-creation. This course uses several concepts and knowledge from other courses (strategy, marketing, accounting) and is an efficient way to put them in practice in an integrative business plan. The course primarily uses a combination of lectures, class discussions, case analyses, group and individual assignments.
MKG1010 Marketing Management
Understanding customers and how to deliver value in an increasingly competitive national and international market is a fundamental task for each company. Although these issues are generally accepted by managers, many cases show failures in the products launched due to poor analysis and understanding of markets and customers. Therefore, students need to consider marketing as a core discipline in order to deliver value not only to customers but also to society as a whole.
This marketing management course provides the basic marketing principles as well as some advanced tools and methodologies necessary for creating successful marketing plans.
MKG4250 Marketing Intelligence
Marketing Intelligence (MI) is a specialized practice focusing on anticipating critical market, the environment and the competition changes. More and more firms require a formalized MI functions to feed the marketing decision-making process with up-to-date insights. Some environmental and organizational conditions are directly related to the success of MI functions (Comai, 2016). Therefore, companies need to use this information efficiently by collecting qualitative information. The data used by a MI function replace those decisions that are based on historical data with forward-looking information. The purpose of this course is to create professionals able to implement a IM in the firm.
MKG4260 Consumer Behavior and Digital Marketing
MKG4270 Marketing Research
MKG4280 Customer Relationship Management
Students will understand the key principles of relationship marketing and how a Customer Relationship Management program should be formulated and implemented. The course will emphasize developing the knowledge and skills needed for strategic customer management. Organizations are now discovering that the cost of gaining new customers requires a substantial investment. However, not all customers are profitable ones, and therefore organizations need to assess which ones are, and discover how to keep them. Consolidation and testing of lessons and principles learned will be achieved through a major group project on CRM which will be completed during and after the classroom sessions.
MKG4290 Global Strategic Marketing
MKG4300 Strategic Brand Management
OPR4140 Project Management
Project management is a unique competency that delivers the value for the enterprise or organizations. Project management knowledge have been continually updated in the “PMBOK Guide” that is recognized as world de fact standard. The students study the basic project management knowledge based on PMBOK, and then learn the practical knowledge such as creating WBS, CPM, EVM, and so on. The goal of this course is that the students acquire the competency which makes the project successful.
OPR4150 Supply Chain Management
Supply chain management (SCM) is one of the contemporary themes and one of the key issues for managers today. The course aims to provide students with: (i) knowledge of SCM topics and their successful implementation in business settings and (ii) Practical ability to apply SCM theory to actual situations.
This course is helpful for students seeking careers such as consultants, supply chain managers, operational managers, general managers, financial analysts, and policy makers in manufacturing and service industries. Field trips to experience Japanese corporations will also be arranged.
OPR4160 Operations Management
Japan is most famous for methods such as Toyota Production System, Just-In-Time, Kaizen, 5S, Quality Circle, Ishikawa Diagram, and many others. OM is the course to learn this concepts.
Operation is the key value-adding activity in a firm’s value chain. This course will familiarize students with basic knowledge of process thinking, leaning thinking, and Japanese way of operations management and quality control. Students will learn Operations strategy, process selection, lean thinking, quality control, inventory management, and various other techniques for both manufacturing and service industries. Field trips to experience Japanese corporations will also be arranged.
OPR4170 Managing Product Development
The success of most firms depends on their ability to identify the needs of customers and to quickly create products that meet these needs and can be produced at low cost. This course studies the six phases of product development process and the set of tools and methods for product design and development, which involve marketing, design, and manufacturing functions.
Product development projects involve the completion of hundreds or even thousands of tasks. Successful product development requires effective project management. Project Management in Products Development will be discussed in the course.
QIS1020 Applied Statistics
This course studies the basic knowledge of statistics and how to apply statistics in business areas. Students will learn how to describe data effectively, how to run simple regressions, how to interpret the results, and how to do hypothesis testing. It is a fundamental core required course for two-year MBA students. This course provides students with fundamental knowledge for various business areas such as corporate finance, investment, risk management, and marketing etc. It is helpful for students seeking careers such as consultants, financial analysts, general managers, policy makers, and operational managers. This course is the prerequisite for several other courses.
QIS4140 IT Strategy and Policy Planning
QIS4150 Management Science
This course introduce students to the subject of Management Science, and a variety of management science models, methods and computational procedures that are helpful in solving management problems in Finance, P.O.M., Accounting, M.I.S., Marketing, Operations Management, etc. Emphasis is placed on models and their solutions. It discusses how the quantitative models can be used as tools for decision makings in various business situations. It gives students a good foundation in basic problem solving as a preparation for upper level quantitative courses.