Course Offerings in English – Summer and Fall Semester ... · Users’ Handbook for Documentary...
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Course Offerings in English – Summer and Fall Semester 2014 - Facultad de Ciencias Empresariales, Universidad Austral
Transcript of Course Offerings in English – Summer and Fall Semester ... · Users’ Handbook for Documentary...
Course Offerings in English – Summer and Fall Semester 2014 - Facultad de Ciencias Empresariales, Universidad Austral
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INDEX
Description ......................................................................................................................................................... 2
Course Offerings ................................................................................................................................................. 2
Contact Information ........................................................................................................................................... 3
Course syllabi ...................................................................................................................................................... 3
International Trade and Latin American Business .......................................................................................... 4
Latin America Economics – Doing Business in Latin America ......................................................................... 7
Agribusiness .................................................................................................................................................. 13
Change Management ................................................................................................................................... 17
Management Control ................................................................................................................................... 19
International Finance ................................................................................................................................... 24
International Trade ....................................................................................................................................... 26
Microeconomics ........................................................................................................................................... 28
Operations .................................................................................................................................................... 31
Sociology....................................................................................................................................................... 35
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DESCRIPTION
The Facultad de Ciencias Empresariales, Universidad Austral will offer a series of courses in English in 2014. First, we offer a Summer Program with two courses in English and a full semester in Fall 2014, with nine courses in English. These offerings are designed for Austral students, as well as visiting students from partner universities.
COURSE OFFERINGS AND DATES
The following tables summarize the offerings for the Summer and Fall terms,
Summer Program 2014
Courses Contact Hours
Instructor ECTS Credit Hours
International Trade and Latin
American Business
37.50 Ciro Lavadenz 6
Latin American Economics –
Doing Business in Latin America
37.50 Ana Inés Navarro 6
Fall Semester 2014
Courses Contact
Hours
Instructor ECTS Credit Hours
Operations 56.25 Gabriel Masco Sergio Grossman
9
Agribusiness 37.50 Carlos Steiger, Roberto Feeney and Bernardo Piazzardi
6
Management Control 56.25 Ana Galiano, Luis Garcia 9
Sociology 56.25 M. del Carmen Ferrero 9
Microeconomics 37.50 Ana Inés Navarro 6
International Trade 37.50 Ciro Lavadenz 6
International Finance 37.50 Marcelo Rossi 6
Change Management 37.50 Silvia Catañy 6
Doing Business in Latin
America
37.50 Andrés Gallo 6
Summer and Fall Dates Summer Semester: Starts on June 23 – ends on July 18 Fall Semester: Early August – Early December
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CONTACT INFORMATION
For more information regarding these offerings contact our staff:
Ciro Lavadenz, [email protected] Coordinador de Intercambios Facultad de Ciencias Empresariales, Universidad Austral Paraguay 1950, S2000FZF, Rosario, Santa Fe, Argentina Phone: 54-341-5223000
Andrés Gallo, [email protected] Director Programas Internacionales Facultad de Ciencias Empresariales, Universidad Austral Paraguay 1950, S2000FZF, Rosario, Santa Fe, Argentina Phone: 54-341-5223000
COURSE SYLLABI
The following are the syllabi for the courses offered in English during the 2014 academic year. These courses could be subject to minor changes.
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International Trade and Latin American Business
Instructor: Ciro Luis Lavadenz, (MBA – Heriot-Watt University) Contact Information: [email protected]
I. Course Description
The seminar focuses on providing the student an international vision of trade and business opportunities. It stresses the particularities of Latin American countries, local organizations and ways of doing business, in addition to discussing different trade theories and their applications to Latin American economies.
II. Goals
Topics help students to develop the ability to understand the complexities of international context and the way these scenarios facilitate or hinder business opportunities. Students will acquire basic knowledge of the different tools available to develop an international business strategy.
III. Reading Material
International Business 7th edition – M Czinkota/I. Ronkainen/M. Moffett 7° ed (Cengage).
Users’ Handbook for Documentary Credits under UCP 600 - ICC
Incoterms 2010 – ICC
Other class materials will be distributed in class. Additional material for reference and class work: International organizations websites (World Trade Organization, World Bank, International Monetary Fund, International Chamber of Commerce).
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IV. Grading
Attendance is compulsory. There will be two questionnaires and, at least, one research assignment to be completed individually. A group research project and oral presentation will be also required. The guidelines for the research assignment, the group project and oral presentations will be distributed in class. The final grade will be calculated according to the following scale:
Attendance:………………………… 15%
Questionnaire 1: …………………….20%
Questionnaire 2: …………………….20%
Individual research assignment: …….10%
Group project: ………………………10%
Oral presentation: …………………...25%
Total: ………………………………100%
V. Classes and Contact Time
Class Topic Contact Hours
Class 1 Units 1 and 3 3 hours
Class 2 Units 2 and 3 3 hours
Class 3 Units 4 and 5 3 hours
Class 4 Units 6 and 7 3 hours
Class 5 Units 8 and 9 3 hours
Class 6 Units 10, 11 and 12 4 hours
Class 7 Students Presentations 4 hours
Class 8 Students Presentations 4 hours
Class 9 Business Visits and Cultural Activities
15 hours
Total number of contact hours 42 hours
Credit Hours (USA) 3 Credits
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VI. Course Topics:
Unit 1: The organization and the global market. International Corporation influence. Human rights.
Unit 2: Free trade or protectionism. Latin American perspective. Comparative and Competitive advantages: different approaches to International Trade.
Unit 3: International organizations and their views on trade. From GATT to WTO. World Bank and International Monetary Fund.
Unit 4: Cultural environment. How culture influence business?. Cultural features of Latin American countries.
Unit 5: Political environment. Legal environment. Corruption and business. Trade policy: different policy instruments for trade protection: tariffs, quotas and other non-tariff protectionist policies.
Unit 6: Economic Environment. Emerging countries. Their role in global trade. Policies fostering development and trade: import substitution; export oriented industrialization, and other arguments for activist policies.
Unit 7: Market integration. The phenomenon of trade blocks. The political economy of trade policy.
Unit 8: Products and services in the international context. Standarization versus adaptation strategies.
Unit 9: Promotional strategies. Trade fairs. Unit 10: International pricing strategies. Incoterms. Unit 11: International logistics overview. Latin American Infrastructure. Unit 12: International transactions and modes of payment.
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Latin America Economics – Doing Business in Latin America Instructors: Ana Inés Navarro, Roberto Feeney y Santiago Panvini Contact Information Roberto Feeney: [email protected] Ana Inés Navarro: [email protected] Santiago Panvini: [email protected]
I. Course Description
The course focuses on a variety of issues regarding Latin America Economics. The topics covered in class include long term issues as development, economic and institutional determinants of productivity and inequality, new opportunities and strategic decisions that arise from the challenges and opportunities of global economic changes, especially the growing importance of Asian countries. Accordingly, there will be a mix of historical and contemporary economic issues for Latin American countries, which will be complemented by economic models and empirical evidence.
II. Reading Material
The core readings for each topic are listed below in section IV.
III. Grading
In addition to the required readings, there will be several assignments that will be part of the final grade: The final grade will be structured as follows:
- Oral presentation of a Latin American country: 50% - Participation in the comments/remarks of the country’s presentations made by
other students: 20% - Participation in discussion articles to be analyzed for each class, which the students
will study before the class: 30% - Total: 100%
The instructions for the presentations are explained in the Appendix.
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IV. Course Topics
Class I: Introduction to Economics Development in Latin America -Ia. Describing Latin America -Ib. ¿What is Development? General Readings Cardoso, Eliana and Ann Helwege. (2002) chapter 1 and 2. Discussion paper Alan Beattie “Argentina: The superpower that never was” Published in The Financial Times: May 23 2009 Class II: Latin American Economic Development from a Historical Perspective -IIa. Stages of Economic Development -IIb. Import substitution policies -IIc. Inflation, Stabilization, and Dollarization General Readings Cardoso, Eliana and Ann Helwege. (2002) chapter 4 Discussion paper Campante, Felipe.2009. “Yet another tale of two cities: Buenos Aires and Chicago” Harvard University Fraga, Arminio. 2004. Latin Amercia since the 90s: Rising from the sickbed?. Journal of Economic Perspectives, Vol. 18, No 2, Pages 89-106 Taylor, Alan. 1998. On the Costs of inward-Looking Development: Price Distortions, Growth, and Divergence in Latin America. The Journal of Economic History, Vol. 58. No. 1, Pages 1-28
Class III: Poverty and Inequality in Latin America
IIIa. Concepts and Facts. IIIb. Why Inequality Matters. IIIc. Why Inequality Matters in a Globalizing World. IIId. Social Assistance in Latin America
General Readings Birdsall, Nancy (2005). “The World is not Flat: Inequality and Injustice in our Global Economy” UNU World Institute for Development Economics Research. (UNU-WIDER)-WIDER Annual Lecture 9. http://www.cgdev.org/doc/commentary/speeches/Birdsall_WIDERpaper.pdf Birdsall, Nancy, Augusto de la Torre, and Rachel Menezes (2008). Fair Growth: Economic Policies for Latin America’s Poor and Middle-Income Majority. Center for Global Development. Inter-American Dialogue. Washington, D.C. Chapter 3. http://www.cgdev.org/files/15192_file_fairGrowth_entire.pdf Gasparini, Leonardo, Guillermo Cruces and Leopoldo Tornarolli (2009). “Recent trends in income inequality in Latin America.” Working Paper Series. ECINEQ WP 2009 – 132. http://www.development.wne.uw.edu.pl/uploads/Courses/DW_inequality_latin.pdf
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IEG (Independent Evaluation Group). 2011. Social Safety Nets: An Evaluation of World Bank Support, 2000–2010. Washington, DC: Independent Evaluation Group, the World Bank Group. Thorp, Rosemary (1998). Progress, Poverty and Exclusion: An Economic History of Latin America. Banco Interamericano de Desarrollo. Chapter 2 Discussion paper Birdsall, Nancy and Nora Lustig (2011). “Declining Inequality in Latin America: Some Economics, Some Politics.” Tulane Economics Working Paper Series http://econ.tulane.edu/RePEc/pdf/tul1120.pdf Class IV: Privatizations in Latin America -Why do economies privatize public companies? Fiscal, efficiency and welfare aspects. - Which activities are able to be privitazed? The rol of the State. - Regulatory problems: rules (contracts) vs. discretion (economic equilibrium) - Privatizations in Latin America during the early 90s - Comparing performance between countries and activities - Losers and winners of privatizations, twenty years later - The return of nationalizations? General Readings Chong and Lopez-de-Silanes (2011), “The truth about privatizations in Latin America”, IDB Working Paper Nº 191. Chisari, Estache and Romero (1997), “Winners and Losers from Utility Privatizations in Argentina”, World Bank - Policy Research Working Paper 1824. Estache and Gomez Lobo (2001), “Utilities Privatizations and the Poor: Lessons and Evidence from Latin America”, World Development, Vol 29, Nº 7. Class V: Economic ties between East Asian and Latin American countries
Va. Economic objectives of increasing relations with East Asia Vb. Comparative Economic Indicators Vc. Trade ties Vd. Obstacles Ve. Agreements
General Readings Medalla, Erlinda M.,Balboa, Jenny D (2010). Prospects for Regional Cooperation between Latin America and the Caribbean Region and the Asia and Pacific Region: Perspective from East Asia Kuwayama, Mikio; José Durán Lima; Marcelo LaFleur (2010) Latin America and Asia Pacific trade and investment a time of international financial crisis. Eclac, serie 97. Discussion paper China Interested in Free-Trade Deal With Mercosur http://abcnews.go.com/International/wireStory/china-interested-free-trade-deal-mercosur-16648108#.T-sqbhfzvVo
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Global food crisis: China land deal causes unease in Argentina http://www.guardian.co.uk/global-development/2011/jun/01/china-land-deal-unease-argentina-agribusiness?CMP=twt_gu Brazil and China Sign Trade Agreements http://www.nytimes.com/2012/06/23/business/global/brazil-and-china-sign-trade-agreements.html
Bibliography: Readings and Topics General Readings Cardoso, Eliana and Ann Helwege. (2002) Latin America’s Economy: Diversity, Trends and Conflicts. MIT Press: Cambridge, Mass. Edwards, Sebastian. (1995) Crisis and Reform in Latin America: From Despair to Hope, New York: Oxford University Press Franko, Patrice. (2003) The Puzzle of the Latin American Development. Second Edition. Rowman and Littlefield Publications Thorp, Rosemary. (2008) Progress, Poverty and Exclusion: An Economic History of Latin America, The Inter-American Development Bank Currency and Exchange Rate Frankel, Jeffrey A., “No Single Currency Regime Is Right for All Countries or At All Times”. (1999). Working Paper 7338, NBER, available at www.nber.org/papers/w7338. Eichengreen B., Hausmann, R., “Exchange Rates and Financial Fragility”. (1999). NBER Working Paper No. W7418, November 1999. Available at http://papers.nber.org/papers/W7418.pdf. Eichengreen, Barry, and Ricardo Hausmann, eds. (2005). Other People's Money: Debt Denomination and Financial Instability in Emerging Market Economies. Chicago: University of Chicago Press, 2005. Long Term Determinants of Growth De Gregorio, José; Lee, Jong-Wha. (1999). “Economic growth in Latin America: sources and prospects”. Global Development Network. Barro, R. (1999). “Notes on Growth Accounting”, Journal of Economic Growth, Vol. 4, No. 2 (June 1999): 119-137. Also available as NBER Working Paper No. W6654, available at http://papers.nber.org/papers/W6654.pdf. “Towards a Unified Theory of Economic Growth Oded Galor on the transition from Malthusian stagnation to modern economic growth” An interview with introduction by Brian Snowdon.” Hall, Robert and Jones, Charles I. (1999). “Why Do Some Countries Produce So Much More Output per Worker than Others?” The Quarterly Journal of Economics, vol. 114, no. 1, pp. 83-116, February 1999. Available also as NBER Working Paper No. W6564 (http://papers.nber.org/papers/W6564.pdf) Populism and Liberalism Dornbusch, R; Edwards, S. (1989). “Macroeconomic Populism in Latin America” Working Paper No. 2986 National Bureau of Economic Development Michael Walton. (2004). “Neoliberalism in Latin America: Good, Bad, or Incomplete?” Latin American Research Review. Vol. 39, No. 3, Pages 165-185.
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Alan Knight (1998) “Populism and Neo-Populism in Latin America”. Journal of Latin American Studies, Vol. 30, No- 2, Pages 223-248 José Antonio Ocampo (2005) “Beyond reforms, Structural dynamics, macroeconomic vulnerability”. Stanford University Press, World Bank Latin America in the 90s’ José Antonio Ocampo. (Spring, 2004). “Latin America's Growth and Equity Frustrations during Structural Reforms”. The Journal of Economic Perspectives, Vol. 18, No. 2, pp. 67-88. Arminio Fraga (2004). “Latin America since the 1990s: Rising from the sickbed?”, JEP, Vol. 18, No. 2, Pages 89-106 Institutions and Poverty and Inequality Sokoloff, Kenneth and Stanley L. Engerman. (2000) “Institutions, Factor Endowments, and Paths of Development in the New World”, Journal of Economic Perspectives, Vol. 14, no. 3, pp.217-32. Nancy Birdsall. (2005). “The World is not Flat: Inequality and Injustice in our Global Economy” UNU World Institute for Development Economics Research (UNU-WIDER)-WIDER Annual Lecture 9 Galor, Oded; Moav, Omer; and Vollrathy, Dietrich.(2008). “Inequality in Land Ownership, the Emergence of Human Capital Promoting Institutions and the Great Divergence.” March 12, 2008
Appendix I: Model to make the country presentations Each student will join a group of students to make an oral presentation in the last two classes. The groups are of around 3-5 students, with a mix of Argentine and Foreing students, having a total maximum time of presentation and questions and answers of 40 minutes for each country. There going to be three to five groups presenting on Latin American countries and students can choose among: Argentina, Brazil, Chile, Mexico, Peru and Colombia. Students should send the PowerPoint or Prezi presentation to the instructors before the class begins (before 12:00 am of that day) The template to make the presentation is as follows:
A. Overview of the geography, culture, demographics and political organization of the country
B. Economic indicators (GDP, GDP growth, per capita GDP, unemployment, rate of inflation…)
C. Strengths and weaknesses for growth and development (position of the country in international ranking of productivity, transparency, respect for law, legal certainty and business climate)
D. Opinion regarding the challenges the country faces regarding their present and future development
Guidance for the presentation
The length of the presentation will not exceed 20 slides.
Two minutes per slide.
Forty minutes: 20 slides.
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Using default fonts (Arial, Times New Roman, Antiqua). Less than 24 is not read. (Is it clear?)
Mention sources used in tables and charts.
Few "bells and whistles" dynamic transitions, graphics, backgrounds.
Find a comfortable rhythm, similar to that one used naturally.
High volume, ask the attendees of the classroom if you listen. Talk "up".
Formal language but not solemn.
Complementing the visual oral version. Oral-visual conflict. Do not read.
Improvise little (almost nothing)
Practice the presentation before exposing Some useful data sources http://www.eclac.org/ http://www.doingbusiness.org/ http://www.transparency.org/
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Agribusiness Instructors: Dr. Roberto Feeney Ph D Lic. Bernardo Piazzardi MBA Lic. Dante Romano MBA Dr. Carlos Steiger Ms Sc
I. Course Description
The goal of this course is to introduce students to the agribusiness complex in a systematic fashion and through different approaches that include the provision of raw materials, agricultural and livestock production, trading of primary goods, food and primary goods transformation industry, transportation, storage and financing, as well as the government´s role in regulation and policy design for this economic sector. This course will also help to develop skills and capabilities for decision-making in companies that belong to the different parts of the agribusiness supply chain. In this course, students will analyze, discuss and solve business case studies.
II. Goals
To provide information regarding the characteristics of agribusiness within regional, national and international frameworks. To introduce students to specific terminology regarding agribusiness. To show the opportunities for professional and career development in agribusiness industries.
III. Reading Material
Ministerio de Economía. Secretaría de Agricultura, Ganadería y Pesca: www.sagpya.mecon.gov.ar
Banco Central de la Rep. Argentina: www.bcra.gov.ar
Instituto Interamericano de Cooperación para la Agricultura: www.iica.org.ar
Organización para la Agricultura y la Alimentación: www.fao.org
Cámara de la Industria Aceitera de la Rep. Argentina: www.ciara.com.ar
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Coordinadora de la industria de Productos Alimenticios: www.copal.com.ar
Centro de la Industria Lechera de Rep. Argentina: www.cil.org.ar
Departamento de agricultura de EEUU: www.usda.gov/oce
Instituto para las negociaciones agrícolas internacionales: www.inai.org.ar
Cámara de sanidad agropecuaria y fertilizantes: www.casafe.org
Instituto Nacional de Tecnología Agropecuaria: www.inta.gov.ar
Asociación Argentina de Consorcios Regionales de experimentación agrícola: www.aacrea.org.ar
Asociación Argentina de productores de siembra directa: www.aapresid.org.ar
Banco de la Nación Argentina: www.bna.com.ar
Banco Francés: www.bancofrances.com.ar
Bolsa de Cereales de Buenos Aires: www.bolcereales.com.ar
Bolsa de cereales de Rosario: www.bcr.com.ar
Mercado a término de Buenos Aires: www.mataba.com.ar
Mercado a término de Rosario: www.rofex.com.ar
Bolsa de Comercio de Chicago: www.cbot.com
Novedades del Parlamento Nacional: www.agroparlamento.com
Servicio Nacional de Calidad Agroalimentaria: www.senasa.gov.ar
www.uba.ar
www.unr.edu.ar
www.cema.edu.ar/posgrado/mag
www.mdp.edu.ar/agrarias
www.ruralarg.org.ar
www.fyo.com
www.agrositio.com
www.agriculture.com
www.porquebiotecnología.com
IV. Grading
Students will work in different groups to complete a final assignment based on the topics covered during this class. The instructor will grade this final report, which represents the final grade for this course.
V. Course Topics
Chapter 1 Agribusiness complex. Evolution of the concept of agribusiness and different frameworks for analysis. Functional, institutional and agribusiness supply chain frameworks. Macro and micro analysis of agribusiness. Specific factors related to the analysis of agribusiness supply chain. Recent development and changes. Marketing bill: interpretation and application for business decision-making.
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Chapter 2 Current and future perspectives for global agribusiness markets. Commodities´ prices evolution in the last decade and future projections. Drivers of change. Demand and supply structure and world demand for agribusiness products in 2020. USDA, FAPRI and FAO projections. Assumptions for these projections. Opportunities for Argentina. Strengths and weaknesses of Argentina with respect to different world scenarios. Policies for the agribusiness sector. Chapter 3 Participation of Argentina in agribusiness global trade. Argentine exports´ structure. The importance of primary products exports and agricultural manufactures. Application of CAN model to Argentina and identification of supply chains positioning. Comparing export structures for agribusiness in Argentina, Brazil and the USA. Goals of the PEA2 for 2020. Chances of success. Chapter 4 The agribusiness company as starting point for agribusiness. Main decisions for the agricultural company: What to produce? How much to produce? How to produce? Necessary information for decision-making. Technological information. Economic information. Relative prices. Input/product relationship. Gross margins as a planning tool. Agribusiness companies´ models in different regions of Argentina. Land allocation. Profitability. Commodities´ business versus differentiated products´ business. Product differentiation in niche markets versus large agribusiness companies. Case study: Added value in commodity business. The case of Prinex and brand creation of the Pampean Steer. Chapter 5 Commodities´ producers as price takers. Commodities´ market structure. Export products. The influence of international prices and markets on domestic prices. World supply and demand structure. Production, consumption, International trade. Main exporters. Importers. Trade flows. Argentina´s participation in different markets. Agricultural prices´ formation. The Chicago Mercantile Exchange. Its influence on world markets. ROFEX: Rosario´s futures exchange market. The MATBA. Mechanisms for price formation and forecasting. Balance sheets: their influence on other world markets. The importance of stock/consumption relationships over prices. Price movements over time. Trends, cycles and seasonal variations. Forecasting on future prices. Chapter 6 Markets. Futures markets and options. Why they exist? Their role in agribusiness. Organizational structure and operations. Contracts. Characteristics.
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Futures markets as tools for price forecasting and risk transfer. Strategies of coverage and speculative strategies. Operations with futures and options. Differences, advantages and disadvantages. Usage for agricultural producers. Examples and exercises. Chapter 7 Prices across space and international trade. The impact of freight on transfer costs. World prices´ relationships. CME prices, FOB Mexican Gulf, FOB Buenos Aires, FOB Rosario, FOB Paranagua. FAS prices –Theoretical FAS. CIF prices. The impact of taxes on Argentine producers´ prices. Producers´ prices in Argentina, Uruguay and Brazil. International production costs. International competitivity based on production costs. Global companies´ models in agribusiness. Case study: The global farmer. Chapter 9 Organization and governance of agribusiness chains. Supply chain mapping and importance. Coordination mechanisms among chains. Open markets, contracts, vertical integration. The importance of transaction costs in the selection of the chain´s coordination structure. Applications to different supply chains: soybean, beef, wheat, milk and corn. The impact of the organization of chains on the business´ decision-making. Case analyses. Chapter 10 Inputs. Agrichemicals, seeds, fertilizers. Production, distribution, service´s logistic. Evolution. Equipment and machinery. Production. Technological evolution. Regional and national industries´ perspectives. The Argentine survey of agricultural producer´s necessities. Austral University-Purdue University. Results and analysis. Chapter 11 Agricultural policies. Tools and policies in developed and emerging nations. The World Trade Organization: subsidies, tariffs and taxes. Exchange rate policy. Technological policy. Different policies in the U.S., the E.U., Argentina and Brazil. Results. Public policies for the rural sector. Legal framework. Congress actions: legislation. Governmet agencies´ controls. The agrifood national strategic plan (PEA2). Goals and structure.
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Change Management Instructor: Silvia C. Catañy
I. Description
The classes will have a conceptual/theoretical foundation plus a practical focus based on the analysis of leading cases of Change Management in organizations, both of failure and success, and the presentation of special guests (speakers who have undergone Change Management experiences personally or in their companies). In addition, multimedia and role playing activities will be conducted in order to guarantee a more comprehensive learning experience. The students will work in teams.
II. Goals
To prepare students for understanding and leading change, in a global environment in which constant adaptation is a crucial ability. To develop perspectives of change patterns.
III. Reading
1. John P. K otter, Leading Change 2. Harvard Business Review. “HBR´s 10 Must Reads: On Change Management” 3. Stephen Covey: Principle-Centered Leadership 4. Stephen Covey: The 8th Habit, From Effectiveness to Greatness 5. Internet and Magazine Articles, TED Talks 6. Videos
IV. Grading
Course Requirements: All students will take a mid-term exam plus a final. Each team will be asked to develop and present a Project to the class by the end of the term, consisting in a short video featuring a Change Management proposal and action plan focused on a specific area of the community they would like to improve.
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V. Course Topics
1. Introduction: Research materials and class approach, overview. 2. Types of change. Watzlawick, Stephen Covey, Peter Senge. Saint Teresa of Avila: The
Christian vision of life and change. 3. Change in nature and in human environments. Change in human history.
Understanding a complex world. (Al Gore, Greenpeace, Urban developments). 4. Philosophical approaches to Change. Heraclitus, others. 5. Individual Change. Personal viewpoint. Tools and steps. The Resistance to Change.
(Edgar Schein). 6. Individual Change (cont.) Sustaining personal change through adversity: AA Grapevine
(The International Journal of Alcoholics Anonymous). Against the odds. 7. Change and human activities. Music, art, poetry, literature, fashion, sports. Discovering
patterns and challenges. 8. Organizational change. Different approaches. Building the foundation. Eight steps to
transforming your organization. (John P. Kotter). 9. Organizational change (cont.) “Cracking the Code of Change”. “Why Change Programs
Don´t Produce Change” (Michael Beer & others). 10. “Leading Change When Business Is Good” (Based on the analysis of an Interview
with Samuel J. Palmisano of IBM, by Paul Hemp). 11. Adaptive Leadership. “A Survival Guide for Leaders” (R. Heifetz) 12. Mergers & Acquisitions: The importance of an effective HR Strategy. Examples of
what worked and didn´t work. 13. International Service Personnel: the challenge of working in a different culture. 14. New environments. Impact of technology and sense of urgency. Green field and
Brown field operations. Family business and profesional Enterprises. Gen Y & Z. Different generations in the workplace.
15. Shared vision and values. Paradigm change. Gandhi, Mandela, José de San Martín. Social change through great small contributions: Un Techo para mi País, Fundación Camino, Asociación Rosarina de Ayuda Solidaria, Surcos, Cuatro Vientos.
16. Talent management: The current need for change in today organizations. How you can lead and implement personal and workplace change in a day to day basis (operational approach).
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Management Control Instructors: Luis García Ghezzi, Ana Eugenia Galiano
I. Course Description
This is the last course in the accounting major and it covers the application and explanation of the most important concepts and tools in relation to information generation for decision-making and organizational control. The first part of the course comprehends topics of Managerial Accounting, such as costs for decision-making, budget control, accounting systems through responsibility centers, measures of financial performance and incentives systems for directors and managers. The second part of the course involves the analysis for control systems, from a strategic perspective, the study of tools, such as the dashboard control and the executive dashboard, the secondary effects of the control systems, and other tools that allow for the reduction of those secondary effects (internal control) and other systematic approaches, such as the levers of control.
II. Goals
The main goal of this course is to provide students with the necessary knowledge and skills to understand and perform tasks as company controller and, in general, to perform efficiently control tasks in any area or kind of organization. Students will acquire a strategic vision of management control as an instrument to reach long term organizational goals and to fulfill efficiently its mission taking into account the people and culture of that organization.
III. Methodology
In addition to the necessary explanation of theoretical concepts, this course will provide an important part of class time to practice, computing simulations and application of
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participative methodologies to enhance comprehension of different concepts and to facilitate the understanding and use of the different tools. The case method will be among the participative methodologies utilized in this course. Then, is it important for students to prepare adequately before each class studying the case to be discussed in class, as well as the reading material required for each topic. In addition, students will have to complete a group homework by designing a Control Dashboard for a real company that the group will have to research.
IV. Reading Material
a) Required 1. Merchant, K.A. y Van Der Stede, W.A.(2003). Management control systems:
performance measurement, evaluation and incentives (1a ed.). Harlow, Inglaterra: Prentice Hall.
2. Horngren, C. T., Sundem, G. L. y Stratton, W. O. (2006). Contabilidad administrativa (13a ed.). Naucalpan de Juárez, México: Pearson.
3. Anthony, R. y Govindarajan, V. (2008). Sistemas de control de gestión (12a ed.). México, D.F., México: Mac Graw Hill.
4. Kaplan, R. S. y Norton, D. P. (1997). El cuadro de mando integral: the balanced scorecard (1a ed.). Barcelona, España: Gestión 2000.
b) Complementary 1. Amat, J. M. (1998). El control de gestión: una perspectiva de dirección (4a ed.).
Barcelona, España: Gestión 2000. 2. Hilton, R.W.(1999). Managerial accounting (4th ed.). Boston, Estados Unidos: McGraw-
Hill. 3. Mallo, C., Kaplan, R. S., Meljem, S. y Giménez, C. (2000). Contabilidad de costos y
estrategia de gestión. Madrid, España: Pearson. 4. Mallo, C. y Merlo, J. (1995). Control de gestión y control presupuestario (1a ed). Buenos
Aires, Argentina: McGraw-Hill. 5. Rosanas Marti, J. M. (1999). Contabilidad de costes para la toma de decisiones (3a ed.).
Bilbao, España: Desclée de Brouwer. 6. Ballvé, A. M. (2000). Tablero de control: organizando información para crear valor (1a
ed.) Buenos Aires, Argentina: Macchi. 7. Kaplan, R. S. y Norton, D. P. (2000). Cómo utilizar el cuadro de mando integral: para
implantar y gestionar su estrategia (1ª ed.). Buenos Aires, Argentina: Gestión 2000. 8. Kaplan, R. S. y Norton, D. P. (2004). Mapas estratégicos: cómo convertir los activos
intangibles en resultados tangibles. Barcelona, España: Gestión 2000. 9. Kaplan, R. S. y Norton, D. P. (2006). Alignment: using the balanced scorecard to create
corporate synergies. Boston, Estados Unidos: Harvard Business School Press.
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V. Grading
Course regularization The grade for the regularization of this course contains the following parts: a) Midterm exam Theoretical and applied test with the topics covered in units 1 to 4. The date for this test will be decided at the beginning of the course and it will be an “open book” test. b) Homework Students will prepare, in teams, a real company´s control dashboard. Each team will make an oral presentation and will write the results of this project. The oral presentation will be part of the course grade and students that will not attend their presentation will be considered absent. c) Random Quizzes The instructors will decide when to give quizzes, without previous notice, especially at the end of each unit. These quizzes will ask regarding the material of previous units or the material to be covered that day in class.. d) Class participation The instructors will evaluate the “quantity” and “quality” of students´ participation during class, especially those sessions where the cases are discussed. The grade for regularizing this class has the following weights:
MIDTERM 40 %
Homework 20 %
QUIZZES 20 %
CLASS PARTICIPATION 20 %
Total: 100 %
Final grade A written final exam, with theoretical and practical questions, followed by an oral exam (if the student passes the written part), will be assigned. The dates for this exam will be established by the instructors. Accordingly, the final grade will have the following weights:
VI. Course Topics
PART I: MANAGEMENT CONTROL SYSTEMS UNIT I: INTRODUCTION 1.1. Managerial accounting: goals and tools. Management control´s managerial accounting vs. Financial tools.
REGULARIZATION GRADE 25 %
Final exam grade 75 %
Total: 100 %
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1.2. Control´s management function: definitions. Agent-principal theory: principal and agent. Control tactics: results control, actions control people and cultural control. Selection of control tactics. Required readings:
Merchant, K.A. y Van Der Stede, W.A.(2003). Management control systems: performance measurement, evaluation and incentives (1a ed.). Harlow, Inglaterra: Prentice Hall. Capts: 1,2 y 3
Handout: “Control directivo: problemas y soluciones” UNIT II: COSTS FOR DECISION-MAKING 2.1. Costs: review of basic concepts. Absorption costs vs. variable costing. Marginal analysis. Relation cost-volume-profits. Marginal contribution. Equilibrium point. Safety margin. Operating leverage. Marginal analysis´ limitations. 2.2. ABC costs systems. Activity based costing. 2.3. Economic criteria in decision-making. Marketing and production decisions: to acceot or reject a special order; to buy or make, addition or suppression of products. Costs analysis and pricing decisions. Product decisions with and without excess capacity. 2.4. Differential analysis. Opportunity cost. Differential and fixed costs and revenues. Fixed temporary and permanent costs. Calculation of differential profits for each alternative. Long term differential profit. Decision´s dimensions. Time horizon, degree of capacity utilization, structural and marginal products and markets. Types of analysis for each situation. Required reading:
Horngren, C. T., Sundem, G. L. y Stratton, W. O. (2006). Contabilidad administrativa (13a ed.). Naucalpan de Juárez, México: Pearson. Capítulos: 2, 4, 5 y 6
Handout: “El diferencial económico en las decisiones de ejecución” UNIT III: CONTROL STRUCTURE 3.1. The relationship between system control and the strategy and organizational structure in the company. Decisions decentralization and goals´ congruence. Controlability concept: operating, compromised and discretional entries. Types of responsibility centers: costs and revenue centers. 3.2. Profit centers. Business units. Utility measurement. Problems. 3.3. The relationship between responsibility centers. Transfer prices. Goals. Pricing methods. Opportunity cost relevance. Market based pricing, arranged transfer pricing, cost based pricing, mathematically based pricing, dual pricing. Effects on decision-maker´s behavior. International restrictions and tax effects. 3.4. Investment centers. Measurement and control of employed assets. Investment centers´ performance evaluation: ROI and EVA; comparison. Required Reading:
Anthony, R. y Govindarajan, V. (2008). Sistemas de control de gestión (12a ed.). México, D.F., México: Mac Graw Hill. Capítulos 4, 5, 6 y 7.
UNIT IV: MANAGEMENT CONTROL PROCESS
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4.1. Budget and control systems. Budget preparation process. Economic budget, financial budget and projected balance sheet. Budget bargaining effect on the organization members´ behavior. 4.2. Analysis of financial performance reports. Budget control. Analysis of causes of deviation: flexible budget and revised budget. Analysis´ conclusions and corrective actions. Limitations of variations analysis. 4.3. Compensation management. Characteristics of incentives and compensation plans. Performance evaluation and compensation. Directors´ compensation as a control tool. Risk aversion and incentives. Required reading:
Anthony, R. y Govindarajan, V. (2008). Sistemas de control de gestión (12a ed.). México, D.F., México: Mac Graw Hill. Capítulos 9, 10 y 12.
Handout: “Análisis de Desviaciones de Beneficio” PART II: STRATEGIC CONTROL UNIT V: DASHBOARD CONTROL AND THE BALANCED MANAGEMENT DASHBOARD 5.1. Control dashboard. Operating, management and strategic control dashboards. Key areas and variables. Goals and indicators. Nature of indicators. Difficulties in the construction of indicators. Qualitative and non-financial indicators. Indicators´ parameters. 5.2. Balanced scorecard: balanced management dashboard. Four perspectives: Financial perspective, Client perspective, Internal Processes perspective and Learning and Growth perspective. Cause-effect relationships. Creation of strategic mappings. Lag and Lead indicators. Relationship between indicators and strategy. Design and implementation of a balanced management dashboard. Required reading:
Kaplan, R. S. y Norton, D. P. (1997). El cuadro de mando integral: the balanced scorecard (1a ed.). Barcelona, España: Gestión 2000. Capítulos 1 al 8.
Kaplan, R. S. y Norton, D. P. (1997). Cómo utilizar el cuadro de mando integral. Barcelona, España: Gestión 2000. Capítulo 3.
Kaplan, R. S. y Norton, D. P. (2004). Mapas estratégicos: convirtiendo los activos intangibles en resultados tangibles. Barcelona, España: Gestión 2000. Capítulo 2
UNIT VI: MANAGEMENT AND CONTROL SYSTEMS 6.1. Secondary effects for control systems on people´s behavior. Fraud and error. Internatl control and effective norms. 6.2. Ethical issues and control systems Bibliografía obligatoria:
Merchant, K. A. y Van Der Stede, W. A. (2003). Management control systems: performance measurement, evaluation and incentives (1a ed.). Harlow, Inglaterra: Prentice Hall. Capítulo 15
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International Finance
Instructors: Marcelo Rossi, Ph. D. and Rodolfo Oviedo, Ph. D.
I. Course Description
International Finance is a theoretical-practical course that focuses on the influence of exchange rates on firms either directly through exports and imports, or indirectly through other channels. This course studies spot markets and exchange rate derivatives and their use as hedging instruments. Because currency swaps have an implicit interest rate, we study their relationship to other derivatives´ rates. The analysis of exchange rate risk hedging instruments is also relevant for other cases. We assume students have previous knowledge of forwards, futures, spot options and future options and their use as instruments for managing exposure.
II. Goals
Students will identify, measure and manage exchange rate economic risk by using derivative financial instruments and marketing and production policies design. In addition they will understand the relevance of accounting risk and how to manage assets and liabilities to minimize such a risk.
III. Reading Material
Alan Shapiro, Multinational Financial Management, 2012, John Wiley and Sons, 10th Edition.
IV. Course Topics
Unit I: Currency spot, forward and futures markets. Pricing and its use for managing hedging. Organizations, participants, clearing system, electronic trading, size. Spot market: spot quotations, transaction costs, cross rates, currency arbitrage, settlement date, the mechanics of spot transactions, exchange risk. Forward market: users and motivations, quotations, exchange risk, cross rates, forward contract maturities. Currency arbitrage in forward markets.
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Currency futures markets. Advantages and disadvantages between currency futures and forwards for different participants. Arbitrage between forward and futures markets. Price differences. Relationship between spot and forward prices and both currencies´ interest rates. Synthetic forwards. Usage for exposure, speculation and arbitrage. Hedging adjustment when using a forward with a different term than the position to cover. Hedging adjustment when using futures instead of forward. Simultaneous adjustments. Unit II: Currency options. Valuation and usage for hedging. Options on spot: equivalence between the call of one currency and the put on another. Fee conversion. Options on futures: cash flow during an option life. Valuation formulas for different options. Chart analysis. Volatility smiles. Implicit volatility as a function of exercise price. Exercise price selection and its impact on effective prices. Synthetics: motivation. Hedging strategies with more than one option. Unit III: Interest Rates Derivatives and Currency and Interest Rates Swaps. Interest rates and currency swaps. Interest rates forwards and futures Structured notes. Unit IV: Measurement and management of different exchange rate risks. Translation, transaction and operative exposures. Alternative currency translation methods. Designing a hedging strategy against translation risk. Economic exposure. The economic consequences of exchange rate changes. Identifying economic exposure. Calculating economic exposure. Managing operating exposure. Marketing and production management of exchange risk. Planning for exchange rate changes.
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International Trade Instructor: Ciro Luis Lavadenz, (MBA – Heriot-Watt University) Contact Information: [email protected]
I. Course Description
The seminar focuses on providing the student an international vision of trade and business opportunities. It stresses the particularities of Latin American countries, local organizations and ways of doing business, in addition to discussing different trade theories and their applications to Latin American economies..
II. Goals
Topics help students to develop the ability to understand the complexities of international context and the way these scenarios facilitate or hinder business opportunities. Students will acquire basic knowledge of the different tools available to develop an international business strategy.
III. Reading Material
International Business 7th edition – M Czinkota/I. Ronkainen/M. Moffett 7° ed (Cengage).
Users’ Handbook for Documentary Credits under UCP 600 - ICC
Incoterms 2010 – ICC
Other class materials will be distributed in class. Additional material for reference and class work: International organizations websites (World Trade Organization, World Bank, International Monetary Fund, International Chamber of Commerce).
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IV. Grading
Attendance is compulsory. There will be two questionnaires and, at least, one research assignment to be completed individually. A group research project and oral presentation will be also required. The guidelines for the research assignment, the group project and oral presentations will be distributed in class. The final grade will be calculated according to the following scale:
Attendance:…………………………..…15%
Questionnaire 1:……………………...20%
Questionnaire 2:…………………….…20%
Individual research assignment: .10%
Group project: ……………………….…10%
Oral presentation: ………………......25%
Total: …………………………………..…100%
V. Course Topics
Unit 1: The organization and the global market. International Corporation influence. Human rights.
Unit 2: Free trade or protectionism. Latin American perspective. Comparative and Competitive advantages: different approaches to International Trade.
Unit 3: International organizations and their views on trade. From GATT to WTO. World Bank and International Monetary Fund.
Unit 4: Cultural environment. How culture influence business?. Cultural features of Latin American countries. Unit 5: Political environment. Legal environment. Corruption and business. Trade policy: different policy instruments for trade protection: tariffs, quotas and other non-tariff protectionist policies.
Unit 6: Economic Environment. Emerging countries. Their role in global trade. Policies fostering development and trade: import substitution; export oriented industrialization, and other arguments for activist policies.
Unit 7: Market integration. The phenomenon of trade blocks. The political economy of trade policy.
Unit 8: Products and services in the international context. Standarization versus adaptation strategies.
Unit 9: Promotional strategies. Trade fairs. Unit 10: International pricing strategies. Incoterms. Unit 11: International logistics overview. Latin American Infrastructure.
Unit 12: International transactions and modes of payment.
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Microeconomics Instructor: Ana Inés Navarro, Ph. D.
I. Course Description
This course provides a student with a systemic framework of analyzes to inform the decision-making process in their professional career or business. This course also provides tools to evaluate the reach of economic policy decisions and to acquire knowledge regarding the functioning of a market economy.
II. Goals
Provide students with knowledge and application of economic theory’s concepts and methodologies.
Provide students a solid knowledge of standard fundamentals of microeconomic theory.
To apply traditional concepts to examples related to businesses’ decision-making process in order to equip students with a framework of analysis applicable to other business disciplines.
III. Methodology
To succeed in the objectives proposed this course requires the use of different teaching methods. Teaching economic theory concepts implies the use of traditional lecture techniques. However, students should come prepared to class having read the material in advance, allowing for a more active interaction and participation. In addition, the application of theoretical concepts and the development of students’ analytical capabilities will be encouraged by the completion of homework and other class activities where students will actively analyze different problems and situations. Discussion groups’ work will be required since these activities will foster participation and the development of leadership skills.
IV. Reading Material
BASIC
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Pindyck, Robert y Rubinfeld Daniel L; “Microeconomics”. 4th Edition. Prentice Hall.
COMPLEMENTARY READING LIST A. Koutsoyiannis; “Modern Microeconomics”. Amorrortu editores. Jack Hirshleifer; “Microeconomic Theory and Applications”. Prentice Hall. C. E. Ferguson; “Teoría Microeconómica”. Fondo de Cultura Económica. Robert H. Frank; “Microeconomics and Behavior”. Mc Graw Hill.
Brian Binger y Elizabeth Hoffman; “Microeconomics with calculus”. Pearson Scott Foresman. Michael Kats y Harvey Rosen; “Microeconomics”. Irwin.
V. Grading
Students will take two midterm exams. In order to regularize the course the average score in these two tests should be equal, or above, 60% and the score obtained in the first midterm cannot be below 30%, while in the second midterm the minimum score is 50%. The regularization score results from the average percentage from both midterm scores (weighted at 50% each). In case the average score is less than 4 (four) the student will take a general makeup test (covering the material for both midterm exams). In order to regularize the course the score in this test should be equal or higher than 4 (four) (i.e. a score of at least 60%). The final exam will have a similar format to the midterm exams. Those students with a regularization grade equal or above 8 (eight) will take an oral final exam with the chance to select a specific topic and additional questions from the faculty. This special exam is available to students who take the final exam right after the end of the semester. If the regularization grade is between 4 and 8 the student will take a comprehensive written final exam.
VI. Course Topics
Introduction
1. Review of mathematical tools. 2. Review of production theory and costs. Economies of scale. Cobb-Douglass production
function. Cost function. Cost minimization. 3. Consumer Behavior. Individual and Market Demands. Basic Reading: Chapters 2, 3 and 4. Chapter 1: Perfect Competition
1. Short run profit maximization in the competitive firm. Long run profit maximization in the competitive firm and industry. 2. Competitive markets analysis. Basic reading: Chapters 8 and 9. Chapter 2: Monopoly and monopsony
1.Monopoly. 2. Monopoly power. Sources of monopoly power. The social cost of monopolies.
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Monopsony. Monopsony power. Basic reading: Chapter 10 Chapter 3: Pricing withmarket power
1. Capturing consumer surplus. Price discrimination. Intertemporal price discrimination and peak-load pricing.
2.The two=part tariff. Bundling. Advertising. Basic reading: Chapter 11 Chapter 4: Monopolistic Competition and Oligopoly
1. Monopolistic competition. 2. Oligopoly competing through quantities, Cournot. Intertemporal interaccion,
Stackelberg. Oligopoly with competition through prices. Oligopoly with price competition, Bertrand. Competition vs. collusion. Implications of the Prisoner’s Dilemma for oligopolistic pricing. Cartels.
Basic reading: Chapter 12 Chapter 5: Game Theory and Competitive Strategy
1. Gaming and strategic decisions. Dominant strategies. Nash equilibrium. Repeated and sequential games. 2. Threats, commitments and credibility. Entry deterrence. Bargaining strategy. Basic reading: Chapter 13 Chapter 6: Markets for factors and inputs
1. Competitive factor markets. Equilibrium in a competitive factor market. 2. Factor markets with monopsony power. Factor markets with monopoly power. Basic reading: Chapter 14 Chapter 7: General equilibrium and economic efficiency
1. General equilibrium analysis. Efficiency in exchange. 2. Efficiency in production. The gains from free trade. Efficiency in competitive markets.
Reasons why markets fail. 3. Efficiency and equity. Basic reading: Chapter 16 Chapter 8: Markets with asymmetric information
1. Quality uncertainty. Market signaling. Moral and ethic hazard. 2. The Principal-Agent problem. Managerial incentives in an integrated firm. Asymmetric
information in labor markets. Efficiency wage theory. Basic reading: Chapter 17 Chapter 9: Externalities and public goods
1. Externalities. Ways of correcting market failures. Externalities and property rights. 2. Common property resources. Public goods. Private preferences for public goods. Basic reading: Chapter 18
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Operations
Instructors: Gabriel Mascó and Sergio Grossman
I. Course Description
This course presents the functions of operations management, the total quality management fundamental concepts and the basic elements of management systems in supply chain, demand forecasting, inventories management and production planning, programming and control. This course has a professional orientation and it draws knowledge from management, statistics, operations research and information systems.
II. Goals
Provide students with basic concepts and analytical instruments useful for the Operations functions with respect to the framework of total quality, supply chain managements systems, forecasting, inventory management and production planning.
III. Reading Material
BASIC: Chase, R.; N. Aquilano y F. Robert Jacobs, Administración de producción y operaciones – Manufactura y servicios, 8ª ed., Bogotá: McGraw-Hill Interamericana S. A., 2000. Ballou, R. H., Logística: Administración de la Cadena de Suministros, 5a ed., México: Pearson Educación S.A., 2004. Jordi Pau Cos, Ricardo de Navascués, Manual de Logística Integral., Madrid: Ed. Diaz de Santos, 2001. Heizer, J. y B. Render, Dirección de la Producción - Decisiones Tácticas, 6ª ed., Madrid: Pearson Educación S.A., 2001. Schroeder, R., Administración de Operaciones, 4ª ed., México: McGraw-Hill Interamericana de México S. A., 2004. Schroeder, R., Administración de Operaciones – Conceptos y casos contemporáneos, 2ª ed., México: McGraw-Hill, 2004. Notas Técnicas de la Cátedra. COMPLEMENTARY Casanovas, A. y LL. Cuatrecasas, Logística Empresarial, Barcelona: Gestión 2000 S.A., 2001.
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Deming, W., Calidad, Productividad y Competitividad. La salida de la Crisis, Madrid: Díaz de Santos S.A., 1989. Domínguez Machuca, J.; M. Álvarez Gil; S. García González; M. Domínguez Machuca y A. Ruiz Jiménez, Dirección de Operaciones. Aspectos Estratégicos en la Producción y los Servicios, Madrid: McGraw-Hill, 1995. Domínguez Machuca, J.; M. Álvarez Gil; S. García González; M. Domínguez Machuca y A. Ruiz Jiménez, Dirección de Operaciones. Aspectos Tácticos y Operativos en la Producción y los Servicios, Madrid: McGraw-Hill, 1995. Evans, J. y W. Lindsay, La Administración y el Control de la Calidad, 4ª ed., México: International Thomson Editores S.A., 2000. Fernández Sánchez, E.; L. Avella Camarero y M. Fernández Barcala, Estrategia de Producción, 2ª ed., Madrid: McGraw-Hill Interamericana S. A., 2006. Hanke, J. y A. Reitsch, Pronósticos en los Negocios, 5ª ed., México: Prentice Hall Hispanoamericana S.A., 1996. Hay, E., Justo a Tiempo, Bogotá: Norma S.A., 1989. Lambert, D. y J. Stock, Strategic Logistics Management, 3ª ed., Homewood, IL: Irwin, 1993. Makridakis, S. y S. Wheelwright, Métodos de Pronósticos, México: Limusa S. A. Grupo Noriega Editores, 1998. Ohno, Taiichi, El Sistema de Producción Toyota, Barcelona: Gestión 2000 S.A., 1992.
IV. Grading
Students will be evaluated according to their class participation and a midterm exam. The final exam will integrate theory and practice and it will have an oral and written parts.
V. Course Topics
UNIT I: Introduction to Operations Management Operations management in the company. Functional activities related to DO. Priorities in operations. Servuction. Competitivity and productivity measurements. Classification of productive systems. Production capacity. Evolution of production and operations management. UNIT II: Processes Process analysis, process organizational charts, types of processes, measurement of process´ performance. Definition of productivity and efficiency. Time reduction on process´ yield. UNIT III: Projects management What is project management? Projects´ structure. Projects´ control charts. CPM. Network planning models. Time-cost models. Probabilistic models. Resource management. Critical path analysis. Application of the MS-PROJECT. UNIT IV: Demand Forecasting Forecasting classification. Demand patterns. Forecasting errors. Moving averages. Simple exponential smoothing. Two parameter exponential smoothing. Curve adjustment. Decomposition of time series: trend, seasonality, seasonality indexes.
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UNIT V: Management of Inventories for Independent Demand Costs in inventory management. Optimal lot. ABC classification. Joint management of a group of goods. Demand and supply time randomness. Measurements of client services and safety inventories. Models of continuous and periodic review. UNIT VI: Production planning Sales and Operations planning activities. Aggregate operations plan: production planning context. Relevant costs. Aggregate planning techniques.
Tentative Class Schedule:
Week
Class Unit Topic
1 1 I Class introduction. Introduction to Operations management
2 I Introduction to O M. Implications and framework of Operations.
3 I Introduction to OM. Goods and Services production. Servuction.
2 4 II Projects: Types of projects. Planning tools. Network models.
5 II Projects. Network building. Practical exercises.
6 II Projects. Network diagram and Gantt diagram. Examples.
3 7 II Projects. Probabilistic methods. PERT.
8 II Projects. Probabilistic methods. Three steps estimation
9 II Projects. Time-cost model. Obtaining minimum cost and optimal time.
4 10 II Projects. Case study: Reynolds Co.
11 II Projects. Introduction to MS-Project 2010
12 II Projects. Introduction to MS-Project 2010. Practice in Computing classroom.
5 - Holliday
13 II Projects. Practice, application.
14 II Projects. Main failure causes. Ethical project management.
6 15 III Processes. Definition, components and diagnostics.
16 III Processes. Properties. Classification.
17 III Processes. Concepts and terms. Measurements of processes´ performance.
7 18 III Processes. Case study: Restaurant University Buffet.
19 III Processes. Responsible resource management.
20 III Processes. Superbaba.
8 21 IV Demand forecasting. Why forecasting? What is forecasting?
22 IV Demand forecasting. Classification and types of forecasting.
23 IV Demand forecasting. Forecasting models.
9 - Holliday
24 IV Demand forecasting. Forecasting errors.
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25 IV Demand forecasting. De-seasoning time series. Trend/seasonality/cycle.
10 26 IV Demand forecasting. Exponential smoothing
27 V Demand forecasting. Joint forecasting (PPRC)WEB) / Quiz
28 V Inventory management for independent demand. Definition. Classification.
11 29 V GEDI. Supply chain management. Economic role of stocks.
30 V GEDI. Performance measures. Inventory control.
31 V GEDI. Stock vs. Quality. Inventory systems
12 32 V GEDI. Inventory management models
33 V GEDI. Inventory management models. Application.
34 V GEDI. Random models: periodic review
13 35 V GEDI. Random models: continuous review.
36 V GEDI. Application
37 V GEDI. Application
14 38 V GEDI. Client service measures.
39 VI Production planning. Operations and sales planning.
40 VI Production planning. Aggregate production plan.
15 41 VI Production planning. Relevant costs.
42 Midterm
43 Misterm
16 44 Final lecture
45 Holliday
- Holliday
VI. Pedagogy
This course requires high participation based on the analysis and solution of practical cases.
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Sociology Instructor: Profesora María del Carmen Ferrero
I. Course Description
This course provides theoretical and practical classes together with student participation and debates of different topics, based on assigned readings and newspaper articles. In addition to the required readings, the instructor may provide additional readings.
II. Goals
After taking this course, students will,
Know the basic processes that intervene in society´s functioning.
Interpret, with critical spirit, the large variables from the reality in which we are immersed
Know the creation and evolutionary process of the modern company in the socio-economic thinking framework.
III. Reading Material
Basic Readings
ARON, R. “Las etapas del pensamiento sociológico”. Ed. Siglo XXI. Bs. As., 1992, Tomo 1 Cap. II, págs. 89 a 155 y Cap. III págs. 165 a 181, Tomo 2 Cap. I págs. 37 a 53 y págs. 72 84, Cap. IV págs. 257 a 278.
CAMINAL BADIA, M., “Manual de Ciencia Política”, Ed. Tecnos, Madrid, 1996. págs. 29-34, 39-56, 315 321, 399-403.
FADLALA, C., y SANDER, N., “Estado y Sociedad. Teoría y Práxis” Ed Cap. 1 págs 11-20, Cap. 4 págs 45-47
GARCIA RUIZ, P. “El laberinto social. Cuestiones básicas de sociología”. EUNSA. Pamplona, 1997 págs. 32 a70.
HELLES, R. and Levinne, “Sociología: con aplicaciones en los países de habla hispana”, Ed. Mc Graw – Hill, México 2000, Cap. 14 págs 535-538
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LIPSET, S.M. “Repensando los requisitos de la Democracia, en: La Políitica. Revista de Estudios sobre el Estado y la Sociedad. Nº 2. Ed. Paidós-Ibérica. Barcelona, 1996, págs. 51-88.
LUCAS MARÍN A., “Sociología: una invitación al estudio de la realidad social”, EUNSA. Pamplona 2004, Caps. I, II, III, IV, IX, X, XI, XII y XIII.
LUCAS, MARIN, A. y GARCIA RUIZ, P., “Sociología de las organizaciones”, Mc Graw Hill. Madrid, 2002. Parte II Cap. V a VIII, Parte III. Cap. XI.
LUCAS, MARIN, A., “Sociología de la empresa”, Ibericoeuropea de ediciones. Madrid 1990. Caps.: 3, 4, 5, 6, 7 y 8.
MACIONIS J., PLUMER K., “Sociología”. Ed. Perason Prentice Hall. Madrid, 2007. Cap. 8, págs. 190-195, Cap. 15 págs 400-408, 418-423
MARTINEZ ECHEVARRIA y ORTEGA M. A., “Historia de las teorías de la empresa” Ed Cap. 1 págs 10-13; 20-24. Cap. 3 `págs. 64-81. Cap. 4 págs 94-110.
MONTENEGRO, W., “Introducción a las doctrinas político-económicas”, Ed. Fondo de Cultura, México, 1991, págs. 136 a 159; 48-67.
NISBET, R. “La formación del pensamiento sociológico”. Ed. Amorrortu. Bs As, 1990 cap. 1 y 2 págs 15 a 67, cap. 4 págs. 189 a 200.
PEREZ ADAN J., “Diez temas de sociología”, Ediciones internacionales universitarias, Madrid, 2001. Cap. II, págs 25 a 39.
RATZINGER, J. Card. “Verdad, valores y poder”, Ed. Rialp, Madrid, 1995, cap. 3 págs 82 a 108.
SARTORI, G., “Elementos de Teoría Política”. Ed. Alianza, Madrid, 1992. Cap. 15 págs 305-316.
SARTORI, G. “Ingeniería constitucional comparada”. Ed. Fondo de Cultura Económica. México, 1994, Cap. 8, págs. 159-167.
SHEED, F. J. “Sociedad y sensatez”. Edit. Herder, Barcelona, 1979 Cap. 1.
TOURAINE A “¿Qué es la democracia?” Ed. FCE. Bs.As., 1995, págs.79-90, 263-271.,
Complementary Readings
CHOZA, J. “La realización del hombre en la cultura”. Ed. Rialp. Madrid, 1990.
GEERTZ, C. “La interpretación de las culturas”. Ed. Gedisa. Barcelona, 1990.
JUAN PABLO II “Carta encíclica laboren exercens, el orden social”.
LLANO, A. “El futuro de la libertad”, Eunsa. Pamplona, 1985.
LLANO, G., “El postmodernismo en la empresa”, Ed. Mc Graw Hill, Madrid, 2000.
LUCAS MARIN, A., (comp.) “Sociología para la empresa”, Ed. Mc Graw Hill, Madrid, 1994.
NAVAS, A., “Triunfo y crisis de la democracia”, Ed. en Nuestro Tiempo, 5, 1995.
NISBET, R., “Introducción a la sociología, el vínculo social”, Ed. Vicens Universidad, Barcelona, 1992.
OCARIZ BRAÑA, J., “Historia sencilla del pensamiento político”, Ed. Rialp, Madrid 1998.
PEREZ ADAN J. Y ROS CODOÑER J. “Sociología de la familia y de la sexualidad”. EDICEP textos universitarios, Valencia, 2003.
POPPER, Karl, “La lección de este siglo” Ed. Temas Grupo Editorial, Bs. As., 1998.
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RATZINGER, J. Card. “Cristianismo y democracia pluralista”. Sscripta Theologica, 16 (1984/3).
VELARDE, C., “Liberalismo y liberalismos”, Cuadernos de Anuario Filosófico, Pamplona, 1997.
VENTURA, E., “Sobre hechos e ideas políticas”, Ed. Ciudad Argentina, Bs. As., 1997.
ZANOTTI, Gabriel, “El humanismo del Futuro”, Ed. de Belgrano, Bs. As., 1989.
IV. Grading
For the regularization grade, students will take a midterm test (70% of grade), and a group homework (30% of grade). The final exam will be an oral exam, and the passing grade is 4 (four).
V. Course Topics
THEORY: Unit I: The origin of the social sciences. Evolution of sociologic theory. Chapter 1: The beginning of the “social” as subject of study since the early industrial revolution. Problems and paradoxes of sociology. Sociology and other sciences. The two big revolutions. Chapter 2: First branches of thought: liberalism, socialism and conservatism. Chapter 3: First sociologists: Comte and Marx. Considerations regarding Stuart Mill and Tocqueville´s thoughts. The institutionalization of sociology: Weber and Durkheim. Chapter 4: Contemporary sociology: structural functionalism, conflictivism and symbolic interactionism. Frankfurt school´s critical theory. Chapter 5: Recent developments on sociological theory. Modernity and post-modernity. Problems and theories. Liquid life: Bauman. Mcdonaldization, globalization and new means of consumption: Ritzer Unit II: Fundamental Concepts Chapter 6: The levels of analysis: individual, culture and society. Acquisition of culture: socialization process. The family in the socialization process. Components of culture: normative world. Fundamentalism, relativism and ethnocentrism. The social construction of reality. Chapter 7:
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Unequal society. Concepts of social structure and social stratification. Social problem and social policy. The phenomenon of poverty. Conflict and social change. Unit III: Basic concepts of sociological politics. Chapter 8: Politics, authority, power and State. Legitimacy principle. Evolution of the modern State. Chapter 9: Political parties, social and protest movements. Chapter 10: Democracy: history, definitions and types of democracy. Political and social requisites. Representativity crisis. Video-politics and video-democracy. Unit IV: Sociology of the company. Introduction to the economic thinking and the creation of the modern business. Chapter 11: Nature of organizational sociology. Classical theories about the company: Smith, Bentham, Malthus, Ricardo, Stuart Mill, Marginalism, Marshall, Menger. Institutional vision: Keynes. Chapter 12: The company in the classic sociological theory: from socialism to the bureaucratic rationality: Saint-Simon, Owen, Marx, Weber and Durkheim. Chapter 13: Neoclassical theories of management: Fayol and Taylor. Fordism. Human relationships: Elton Mayo. Toyotism. Chapter 14: The company as organization and institution.
