Business Management
Offered By: Indian Institute of Management Bangalore via edX
Course Description
Overview
Gain an advantage by learning the key business essentials through this comprehensive online MicroMasters program, covering all core management disciplines.
Understanding the managerial context of decision making is critical to being a successful manager. The MicroMasters program in management from the Indian Institute of Management Bangalore, aims to provide the learner with the perfect learning pathway to develop core competencies across six management disciplines:
- Accounting
- Finance
- Operations Management
- People Management
- Marketing
- Business Strategy
Syllabus
Course 1: Operations Management
Understand key aspects of business operations and lean management including capacity, productivity, quality, and supply chain.
Course 2: People Management
Learn to be a better manager by developing leadership and communication skills designed to turn first time managers into great team leaders.
Course 3: Corporate Finance
Learn the ideas, concepts and tools managers use to make the right financial decisions.
Course 4: Strategic Management
Learn how a manager or CEO develops a business strategy, including analyzing the market and creating competitive advantage.
Course 5: Accounting for Decision-Making
Learn how to read and interpret financial statements and manage costs to take informed business decisions.
Course 6: Marketing Management
Learn how to effectively apply marketing management theories and practices, including the marketing mix, through real-world business scenarios.
Courses
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Have you ever wondered about the right methods to improve productivity, configure your supply chain or address the demand on hand?
In recent years, businesses have strived to improve productivity and quality, reduce costs and delivery times, and embrace flexibility and innovation. These strategies are part of the Operations Management (OM) activities that service and manufacturing organizations engage in.
Operations Management helps you to understand the role of OM in a firm and to develop abilities to structure and solve operations related problems. The course will empower you with skills to address important aspects of business operations including capacity, productivity, quality, and supply chain.
You will understand how operations in an organization are configured and factors that can potentially drive the complexity of managing such operations. We will also introduce concepts like estimating capacity, identifying bottlenecks, and de-bottlenecking.
Throughout the course, you will join us in discussions on productivity improvement methods, development of quality assurance systems and configuration of supply chains.
The course will equip you with the right tools, techniques and skills to estimate, compute, analyze and configure key elements of operations management.
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In order for a manager to effectively perform their role they must have an understanding of accounting information, as accounting systems generate information that is used by both internal and external stakeholders
Having a good understanding of accounting allows managers to communicate with the finance department, bankers, suppliers and even tax authorities.
In this finance course, you will learn how to read and understand financial statements. You will learn all relevant and important terms as they relate to the three financial statements - balance sheet, income statement and cash flow statement. Subsequently, you will develop the capability to analyze business performance through financial statements. You will see how the performance of any organization is impacted by four fundamental drivers of profitability - asset management, cost management, leverage management and tax management.
In the second part of the course, you will learn how to manage costs. We will cover product costing, budgeting , budgetary control and cost analysis for decision making.
Successfully completing this course will transform you into a manager who is confident while discussing and handling accounting and financial matters in the workplace, and help you as you move forward in your managerial career and take on senior roles.
Taught by
Ashok Thampy, Ashis Mishra, Sai Yayavaram, P D Jose, Vasanthi Srinivasan, MS Narasimhan, B. Mahadevan and Rejie George Pallathita
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