MBA Students at the University of Chicago Booth School of Business can now improve their analysis of a wide range of economic, social, ethical and environmental dilemmas with a handful of new courses to be offered during the 2009/10 academic year.
“The Analytics of Financial Crisis”, for example, is an advanced course that uses the tools of corporate finance to study economic pitfalls. Much of the material will refer to the most recent global downturn, but the class will also study past crises.
A second new course, “The Firm and the Non-Market Environment”, will examine business lobbying, regulation, environmental issues and corporate social responsibility. The class aims at helping students to develop strategies for dealing with the political, legal and civil contexts in which firms operate. The cases to be discussed are set in both international and US environments.
Other new courses include “Introductory Finance”; “Business, Politics, and Ethics”; “Advanced Microeconomic Theory” and “Game Theory”. The course on business, politics and ethics pushes students to deal with business decisions and practices that raise ethical questions or subject companies to negative publicity or political pressure. The goal is for students to improve their analysis of business situations which call for unpopular actions.
The curriculum changes add flexibility to an MBA programme already known for a wide range in course selection. Graduation requirements for students in the full-time MBA programme remain unchanged and include nine required courses, 11 electives and a leadership course. What’s new, however, is that Chicago Booth emphasizes analytical management and requires all students in the evening and weekend MBA programmes to take a leadership development course similar to the one required of full-time students.
The Booth School of Business features campuses in London, Chicago and Singapore. Current enrolment includes 1100 full-time, 1900 part-time MBA students and 110 PhD students.