Online MBA Degree

Department of Business Management : College of Management at National Sun Yat-Sen University

Independent Study in Quantitative Methods (3 crs):

In this course we will study real options. Real options are options regarding management flexibility and/or allocations. For example, for a project one may have an option to abandon, to expand, to contract, to deter, or to switch. Another example is that a multinational company may have an option to relocate its resources given rises of an unpredictable situation. These options are vital in the fast-changing environment. In fact, if properly implemented in uncertain markets, these options increase the upside potentials and reduce the downside risks and therefore enhance more value for shareholders. However the standard traditional analysis fails to capture the value of these options and may not be an appropriate tool to evaluate capital investment. The recent study of real options provides alternative tools in this field, which tries to quantify the value of these options. One of the applications of real options will be illustrated by the following simple numerical example. Let Vi and Si be the project value and the price of a product at time i respectively. At time 0, the investment costs $104 with initial value (V0, S0) = (100, 20). Suppose at time 1, the product price may change and the project value may also change as a result, with upside (V1, S1) = (180, 36) or downside (V1, S1) = (60, 12), each with equal probability. Furthermore, suppose that the discount rate is 20% and risk-free interest rate is 8%. In the following we only state the results, and detailed derivation will be given in the class. Under traditional NPV (net present value) analysis, the expected project NPV is 100 – 104 = -4. Now using contingent claims analysis, we will obtain the risk-neutral probability of the markets going up p=0.4. If the company has an option to defer the investment from time 0 to time 1, then the total project value with p (including the option to defer) will be 25.07. Therefore the option to defer the investment project is 25.07 – (-4) = 29.07; about one-third of the project value. Analysis like this can enable a manager to decide how much he should pay for the option to defer an investment to some later time when he signs a contract with a supplier of equipment. In this course we will study these newly developed tools to analyze the value of real options. The theory is similar to that of financial options—though there is a significant difference between them. The lectures begin with an introduction to real option, followed by a brief review of financial options. Then we will study the methods of quantifying flexibility in capital budgeting in discrete time and in continuous time and the interactions among multiple real options. At the end we will study the options of resource allocations; in particular in multinational situations, in which the uncertainties pertain exchange rate and demand.

Department of Business Management : College of Management at National Sun Yat-Sen University

D4011002 Advanced Quantitative Methods (I) (3 crs):
Part I: Experimental Designs (8 weeks) Introduction of Experimental Designs one-factor ANOVA Two-factor and Multi-factor ANOVA Study Designs Study Designs Taguchi’s Experimental Designs Quality Engineering Part II: Multivariate Analysis (8 weeks) Basic Theory of Multivariate Analysis Multivariate Analysis Methods Structural Equations (LISREL) This course includes two parts: (1) Experimental Design (2) Multi-variate analysis, despite introduce the fundamental theory and method, the course will emphasis the practical application of computer that result analysis and explanation.

College of Management at National Sun Yat-Sen University

Foundation Courses:

The foundation courses cover the basic knowledge in Economics, Accounting and Statistics. Each course is 3-credit units and may be waived if an equivalent course has been taken before.

(1) Managerial Economics
(2) Managerial Accounting
(3) Managerial Statistics and Quantitative Methods

College of Management at National Taiwan University

Courses

Prior Requirements
Marketing Management (grades: above 70)

Required Core Courses

(any two)
1. Decision Models in Marketing

2. Doctoral Seminar in Marketing

3. Doctoral Seminar in Consumer Behavior

4. Doctoral Seminar in Strategic Marketing

(Related courses will be available if needed)

Methodological Courses

(at least 2 courses)
Quantitative and methodological courses have to be recognized by the convener and professors of the group.

Elective Courses

(At least 3 courses)
Students can choose more core courses and methodological courses to wave credits of elective courses.

Minor Courses
Minor courses have to be recognized by the convener or professors of the group.

Qualification Exam
One SSCI (under revision) / TSSCI paper

(can be recounted to graduation requirements)

Graduation Requirements
1. Finish courses of the group requirements

2. Papers have to be published on each kinds of journals:
One SSCI paper
Two TSSCI papers
One SSCI paper and one ABI/EBSCO paper

College of Management at National Taiwan University
Methodological Courses of Ph.D. Program
1. Methodology
2. Experimental Design
3. Qualitative Research Methods
4. Multivariate Statistical Analysis
5. Optimization Theory
6. Applied Time Series Analysis
7. Quantitative Models in Marketing

College of Management at National Taiwan University

Requirements
The following applies to the students admitted in Fall semester 2008 and Onward:

Who is eligible to apply?
First-year LOCAL Master students from the five departments of NTU College of Management: Accounting, Business Administration, Finance, International Business, and Information Management, are eligible to apply for the Global MBA Non-Degree Certificate Program.
This is a highly competitive Non-Degree Certificate Program and candidates will be selected by the Global MBA committee.

GMBA Certificate Program Credit Requirement:
To receive the Global MBA certificate, ALL admitted students must complete a total of twenty-four (24) credits of English-taught courses offered by NTU College of Management, including the six (6) core courses: Financial Management, Information Management, Managerial Accounting, Managerial Economics, Marketing Management, and Organization Behavior offered by the Global MBA Program. All admitted students must also write their M.A. Thesis in English.

The following applies to the students admitted in the years of 2006 and 2007 ONLY:

Students from the Departments of Accounting, Business Administration, Finance, and International Business must complete at least ten (10)/ a total of thirty (30) credits of English-taught courses at NTU College of Management and write their M.A. thesis in English to receive the Global MBA Certificate. Students from the Department of Information Management must complete at least nine (9)/ a total of twenty-seven (27) credits of English-taught courses at NTU College of Management and write their M.A. thesis in English to receive the Global MBA Certificate.

Moreover, it is mandatory for students to include the following core courses in their studies, requirements vary from department to department.

There are seven (7) core courses for the Global MBA Certificate Program: Managerial Accounting, Marketing Management, Managerial Economics (Industrial Economics), Organization Behavior, Information Management, Financial Management, and Econometrics (Quantitative Analysis). (Strategic Management is only for R93 & R94 students only).

Students from Accounting, Finance, and Information Management Departments are required to complete five (5) of the seven (7) core courses, and students from Business Administration and International Business Departments are required to complete six (6) of the seven (7) core courses.

For more information on courses and credit requirements, please refer to the following departments: Accounting, Busiess Administration, Finance, International Business, and Information Management.

SNU Business School at Seoul National University

Introduction to Marketing and Credit Requirements
1) Introduction to Marketing
The importance of Marketing is more emphasized than ever with rapid changes in the corporate environment. The master’s program seeks systematic approach to marketing focused on exchange activities between suppliers and users, and the faculty, well known for their profound lectures and research activities in the Korean academic community, offers lectures on overall theories by seven professors, for the purpose of promoting students’ in-depth understanding.
The master’s curriculum includes core subjects such as Studies in Consumer Behavior, Marketing Research, Seminar in Promotion Management and Marketing Channels to increase students’ knowledge on consumers as the basis of marketing, distributors and advertisements. In addition, students can carry out balanced research between theories and experiments by learning tools for marketing-related data collection and analysis. Not only core compulsory but also elective courses are offered in the master’s program in Marketing.

2) Credit Requirements
Students need to acquire minimum 39 credits (including 15 credits from the compulsory core curriculum) with 3.0 or higher on average.

Core Compulsory Courses : Four core compulsory courses with 12 credits : Studies in Consumer Behavior, Marketing Research, Seminar in Promotion Management and Marketing Channels
* For students to be enrolled in 2008 and onward, Core compulsory subjects are reduced to two, Studies in Consumer Behavior and Marketing Research.

Core Elective Courses : Price Management, New Product Development and Product Management, Service Marketing, Place marketing, High-Tech Marketing, Marketing Strategy, Logistics, Quantitative Analysis in Marketing, Marketing Seminar, Bayesian Marketing Models, Database Marketing, International Marketing
* The course name is changed to Studies in Price Management(Price Management), Seminar in New Product Development and Product Management (New Product Development and Product Management), Game Theory and Marketing (Marketing Strategy), Studies in Quantitative Marketing Decision-Making (Quantitative Analysis in Marketing), Studies in Database Marketing (Database Marketing) starting from 2008.

* In terms of the bachelor’s curriculum (less than six credits) in CBA and the master’s curriculum of other graduate schools, they are recognized as less than a half of the total of required 39 credits. Students should keep this in mind when they take core elective courses.

MGT621 Quantitative Models for Marketing Decisions

This course introduces how marketing models are developed and applied for improving various marketing decisions. Current, available models are analyzed to show how OR and statistical methods are applied for advertising, pricing, sales force, promotion, new product, and distribution decisions. Also, opportunities to develop and use models will be offered by analysing case studies and completing of term projects.

Research Foundation Courses

Management Theory
Introduction to Research Methods
Quantitative Research Methods
Qualitative Research Methods

Lee Kong Chian School of Business at Singapore Management University

Quantitative Finance
Compulsory Courses
1. Linear Algebra and Regression
2. Differential Equations
3. Real Analysis
4. Probability Theory and Statistical Inference**
5. Structured Finance
6. Investment and Financial Data Analysis
7. Stochastic Calculus and Finance Theory*
8. Numerical Methods*
9. Global Financial Risk Management
10. IS Software Foundations