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Course Catalog

The Course Catalog includes course descriptions of all courses offered by the Undergraduate School at Babson College. For descriptions of the courses offered in the current or upcoming semesters, please see the Course Listing.

 

 Undergraduate Course Catalog

 
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Interdisciplinary

ENCOUNTERS WITH THE BRIC

STUDENTS MUST BE ACCEPTED AND ENROLLED IN THE BRIC PROGRAM TO TAKE THIS COURSE BRC3603 Encounters with the BRIC: Comparative Analysis in Cross Cultural Contexts 2 credit Advanced Liberal Arts Encounters with BRIC is a two credit course with two components: the intensive pre-departure program and the offshore program, which includes weekly meetings, journaling assignments and a BRIC capstone project in the last week of the whole program. This course is designed to help you prepare to get the most out of your experience before you leave the Babson campus and also give you new tools along the way to deepen your connection with your host countries, trouble shoot problems, reflect on your learning and harvest your experience upon your return.

FOUNDATIONS OF MGMT & ENTREPRENEURS

FME1000 Foundation of Management & Entrepreneurship, Revised (2 semesters) (Foundation Mgmt) This full-year, introductory course exposes students to key entrepreneurship, marketing, business management and organizational behavior concepts. Central to the course is a "learn by doing” approach in which students teams develop and implement an actual business that the College funds. Profits generated by the business activity are used to support a charitable project that the students also coordinate. Through these activities students will have a personal opportunity to explore the challenges and complexities of creating social as well as economic value. In the organizational behavior stream of this section of FME, students will explore their personal entrepreneurial leadership capabilities and how to work with and through others and effectively participate in their business organizations. This section of FME will meet Babson’s undergraduate requirements for a semester long course in organizational behavior. Prerequisites: NONE This course is typically offered in the following semesters: Fall

INDIA:URBAN CHALNGS IN A GLOBALIZ STATE

STUDENTS MUST BE ACCEPTED AND ENROLLED IN THE BRIC PROGRAM TO TAKE THIS COURSE BRC2401 India: Urban Challenges in a Globalizing State 3 credit Intermediate Liberal Arts (CVA) This portion of Babson's BRIC course will be a three-credit intermediate liberal arts experience. The guiding framework for this course will be an historical, cultural, social, and political study of public policy issues facing India today, particularly in urban areas. Cities have boomed as India has economically developed over the past decades, bringing to the forefront problems around inequality, energy, water, sanitation, transportation, and education. The urban fabric has changed with processes of globalization and how internal migration has brought together deeply ingrained identity groups, opening up new forms of cooperation and conflict. Government at all levels is facing increasing demands from citizens while being hampered by capacity problems, corruption, and political in-fighting. International corporations, local businesses, entrepreneurs, and non-profits are stepping into these areas in a myriad of ways. Supplemented with a variety of readings, this course will use Indian urban areas as complex texts to examine public policy in developing states.

RUSSIA IN MODERNITY:HIST, POL, CULT

STUDENTS MUST BE ACCEPTED AND ENROLLED IN THE BRIC PROGRAM TO TAKE THIS COURSE BRC2402 Russia in Modernity: History, Politics and Culture 3 credit Intermediate Liberal Arts (LVA) this course was formerly numbered BRC3602 The second in the sequence of three countries visited in the 16-credit China- Russia-India (BRIC) program, this two-week, 3-credit intermediate LVA course in St. Petersburg, Russia will include an overview of modern Russian history and politics, but will focus primarily on nineteenth- and early twentieth-century Russian history, politics, and culture. Prerequisites: RHT and Foundation (H & S and A & H) or AHS

SME: MARKETING AND INFO TECHNOLOGY

Marketing is involved with the task of ethically marketing products and services in a global environment. In order to survive in the contemporary business world, organizations have to continually bring new ideas and products/services to the market – think creatively, act entrepreneurially and utilize analytical rigor. The Marketing stream of SME will examine how marketers can recognize and utilize changes in the political, economic, social, and technological environments to identify and target opportunities; how to develop and communicate value propositions; and how to develop successful marketing strategies. These strategies will emphasize market analysis and the Four Ps (product, pricing, place, and promotion). Students will also be introduced to the analytical tools and methods crucial to understanding the role of these variables in achieving marketing goals and reaching performance metrics. This stream will also explore issues associated with: social media, marketing research and marketing analytics, buying behavior, market segmentation, branding, retailing, value-based pricing, advertising, sales, and other marketing topics as they are applied to the management of marketing goods and services. Methods of instruction will include lecture, discussion, experiential (involvement) learning, integrative teaching, simulations, and case analysis. Methods of assessment will include: quizzes, presentations, exams and participation. The material and the various methods of instructions are guided by Babson’s learning goals. The marketing stream of SME will primarily integrate with Managing Technology and Information Systems. There will be a joint social media related project and presentation MKT2011 Marketing 3 credit intermediate management The sophomore management experience MKT and IT module (SME) integrates two subject streams: Marketing (3 credits) and Managing Technology and Information Systems (3 credits). This module focuses on helping students develop an understanding of the marketplace and the role of informational data bases, marketing research and marketing analytics in adding this understanding. The two streams highlight the role of marketing and information technology interface in a variety of contexts to enhance the effectiveness of business strategies. Businesses are actively using social media, mobile and online to market their products and services. The two streams will jointly highlight the importance of these information technology advancements in enabling businesses (and marketers) to better serve their customers. SME will also provide learning experiences that demonstrate the interconnections between the streams. SME2012 Managing Information Technology and Systems 3 credit intermediate management Managing Information Technology and Systems (MITS), part of the second year management curriculum, is designed to introduce students to the foundational concepts in Information Technology and Systems (ITS) and their application in managing innovation, ITS infrastructure, and organizational partners (suppliers/customers) in the context of a medium/large business. The course will integrate primarily with Marketing and Operations using common/linked cases and joint exercises. The pre-requisites for the course is FME (Foundation of Management and Entrepreneurship). Prerequisite: FME1001

SME:MANAGERIAL ACCOUNTING AND OPERATIONS

The sophomore management experience MAC and TOM module (SME) integrates two subject streams: Technology and Operations Management (3 credits) and Managerial Accounting (3 credits). This module focuses on the internal organization and processes required for entrepreneurial leaders and managers to successfully test and execute business strategies. To be effective, entrepreneurs and managers must design operations, model the expected performance of operational designs, make decisions that strategically manage costs, and take actions that achieve desired results in an ethical manner. The two streams in this module will help build the skills you need to become ethical entrepreneurial leaders and managers. You will experience how the design of operations impacts measured performance, and how modeling expected results before action is taken leads to improved operational decisions. SME will also provide learning experiences that demonstrate the interconnections between the streams. SME2001 Managerial Accounting 3 credit intermediate management The Managerial Accounting stream in SME builds on knowledge acquired in Financial Accounting but shifts the focus to providing entrepreneurs and managers with relevant information that supports decision making and performance measurement. The stream introduces the language of managerial accounting and teaches students to perform basic management accounting analyses (e.g., costing of cost objects, cost behavior, differential analysis, and performance measurement). The stream requires students to use the results of their analysis to evaluate the design of operations, to make strategic decisions, and to propose action. Issues covered include selecting a profitable mix of products and services, analyzing profits and costs during product development, budgeting for operations, analyzing whether to outsource or insource activities, and managing performance through measurement systems. Throughout the semester we will explore interconnections between management accounting analyses and operational actions. SME2002 Managing Operations 3 credit intermediate management Managing operations is vital to every type of organization, for it is only through effective and efficient utilization of resources that an organization can be successful in the long run. This is especially true today, when we see that significant competitive advantages accrue to those firms that manage their operations effectively. We define operations in the broadest sense, not confining the focus within a set of walls but defining the scope to the thoughts and activities necessary to supply goods and services from their conception to their consumption. This course introduces you to the operational challenges that entrepreneurs and managers face and provides a set of tools to aid you in designing, evaluating and managing business processes to meet your organization’s objectives. Throughout the semester we will explore interconnections between operational actions and management accounting analyses. PREREQUISITES: ACC1000 and FME1001

STRATEGIC PROBLEM SOLVING

ASM3300 Strategic Problem Solving 4 credit (general credit) This is the required advanced management course that builds on the required foundation (FME, Business Law, Microeconomics, Financial Accounting, and Probablity, Statistics and Quantitative Methods) and intermediate management courses previously taken (OEM and MCE). The course develops skills in critical and integrative thinking and strategic problem solving. After introducing essential concepts and frameworks in strategy, the course will introduce problem solving techniques. The latter part of the course provides occasion for practicing these skills. A project is an important part of the course to further apply and demonstrate these skills. ASM3300 is a new pre-requisite for all strategy electives as IME is phased out. Students concentrating in strategy are urged to take this course in the fall of their junior year. Students who have completed IME3 are ineligible to register for this course. Prerequisites: OEM, MCE or SME (ECN2300 or ECN2000 may be taken concurrently), (LAW13xx, or LAW1000) (QTM2420 or QTM1010 may be taken concurrently),and (ACC1300 or ACC1000)

GLOBAL LEADERSHIP DEVELOPMENT EXPERIENCE

CXD3520 GLOBAL LEADERSHIP DEVELOPMENT EXPERIENCE 4 CREDIT (general credit) The Global Leadership Development Experience is an intense immersion program where students partner with innovative student-entrepreneurs, corporate and nonprofit executives, and world-class faculty while working to create innovative, real-world solutions to social, economic, and environmental issues in a collaborative and challenging environment. The course combines classroom with experiential learning (we will divide our classroom time between academic work and project management of applied learning/consulting projects). It also comprises a living-learning environment in which students form a cohort for four weeks of on-campus life, off-campus exploration, and intellectual and applied work. Exploring the United Nations Millennium Development Goals as a framework for the course, we will consider causes and effects of global poverty and uneven development, using case studies and concrete data to consider the problems and possible solutions. We will study the structures of current global partnerships as they attempt to address these issues, while learning a framework for how to develop an actionable approach for solving these challenges. As we are approaching the MDG deadline of 2015, we will assess progress thus far, considering work yet to be done. In addition to our academic work, a key part of the program is the opportunity to work with a corporation, entrepreneur, or nonprofit organization to help enhance their social impact.

10K SMALL BUSINESS FACULTY PREWORK

10K SMALL BUSINESS SCHOLAR PREWORK

10K SMALL BUSINESSES AT BABSON

HONORS SEMINAR II

IMH2512 Honors Seminar II - This Seminar will meet every other week beginning 1/21 Honors Seminar II is designed to guide Honors Program students through the writing process for their honors project proposal. In this seminar students will identify a research topic, develop a research question, learn how to do a scholarly literature search and use research in their writing, and write a final, polished version of the honors project proposal. The course will be run as a workshop so attendance at all sessions and adherence to all deadlines is essential. This course is required for all junior Honors Program students. Prerequisite: IMH2511, Instructor Permission

MCE: FINANCE

MCE: Finance Intermediate Core (3 credits) The finance stream of MCE is designed to develop student understanding of the role of finance in the management of a business venture. Effective financial management, whether performed by the general manager in a small business, or by the finance organization in a large corporation, is necessary if a venture is to succeed and grow. A successful financial manager must have skills, abilities, tools, and a theoretical understanding in many areas, including financial analysis, financial forecasting, valuation, capital budgeting, investor expectations regarding risk and return, the cost of investor supplied capital, and financial strategy. Student skills will be developed in all of these areas in the MCE finance stream through readings, lectures, class discussions, exercises, and analytical projects. A successful financial manager must also understand the venture's economic environment, its products, services, and market position, its operational capabilities, and its organizational behavior characteristics. The MCE finance stream will link financial management analysis and decisions to these other critical functional areas, so the student will understand its part in achieving overall success for the venture. Prerequisites: ACC1300, QTM 1300, QTM1310 and (FME1001 or (MIS1000 and MOB1000))

MCE: MARKETING

MCE2313 MCE: Marketing Intermediate Core (3 credits) The emphasis of the Marketing stream of MCE will be on the best practices of marketing professionals in leading businesses. Our study will examine how marketers can recognize and utilize changes in the political, economic, social, and technological environments as well as the 5 Cs Framework (customers, collaborators, competition company and context) to identify opportunities. In addition, controllable variables essential to developing successful marketing strategy will be emphasized including market analysis and the Four Ps (product, pricing, place, and promotion). Students will also be introduced to the analytical tools and methods crucial to manipulating controllable variables to achieve marketing goals. By the end of this stream, students will be able to identify, explain, and apply important concepts in marketing and critically evaluate the role that marketing plays in the business and non-business sectors. They will be able to explain similarities and differences between physical goods and services; between business-to-business and consumer marketing; and between large and small firm marketing. Finally, students will understand the relationship of marketing to other business and social science disciplines. Prerequisites: ACC1300, QTM 1300, QTM1310 and (FME1001 or (MIS1000 AND MOB1000))

MCE: MICROECONOMICS

MCE2312: Microeconomics Intermediate Core (3 credits) Microeconomics is basically the study of "scarcity". Raw materials are not available in infinite quantities; neither is human labor or productive capital. The reality is that managers must deal with real-world constraints in making decisions about what to produce, how to produce it and who to produce it for. The question is then, what rules or principles do we have to help us make allocation decisions? To that end, the microeconomics stream of the MCE module looks at the interaction of supply and demand in the determination of prices, the role of government in redressing issues of market failure and other externalities, the responsiveness of consumers to changes in prices and income, the behavior of consumers in the market place and through rational choice theory, costs and efficient methods of production, the structure of product and service markets, and the application of microeconomic principles to important issues such as labor negotiations, wage determination, game theory and firm interdependence, and pricing strategy. This stream of your MCE curriculum introduces you to these important ideas, and gives you analytical frameworks and tools to help you interpret the economic world around you. At the same time we will explore the many key links between economic analysis and marketing, strategy, accounting, finance, operations and organizational behavior. Prerequisites: ACC1300, QTM 1300, QTM1310 and (FME1001 or MIS1000 and MOB1000))

MCE:MANAGING IN COMPETITIVE ENV

"Managing in a Competitive Environment" (MCE) is one of the two sophomore-year core curriculum modules to be taken by all undergraduates. Its purpose is two-fold. The first is to teach students the fundamental principles of marketing, microeconomics and finance, and how to apply those principles to specific decisions and problems faced by firms in a competitive business environment. The second purpose is to expose students to the common themes shared by these three disciplines, and to teach them to view problems in an interdisciplinary manner. This is the heart of what we mean by "integration". The following list describes the specific areas of integration that constitute the integrated learning objectives for this module. " Demand Curve Link - Microeconomics and Marketing " Price Elasticity of Demand Link - Microeconomics and Marketing " Industry Analysis Link - Microeconomics and Marketing " Product Attribute Model and Market Segmentation Link - Microeconomics and Marketing " Sales and Financial Forecasting Link - Marketing and Finance " Capital Budgeting Link - Marketing and Finance " Wealth Creation Link - Finance and Microeconomics Prerequisites: ACC1300, QTM 1300, QTM1310 and (FME1001 or (MIS1000 and MOB1000))

OEM: MANAGERIAL ACCOUNTING

OEM2311 MAC: MANAGERIAL ACCOUNTING The Managerial Accounting stream in OEM builds upon the learning of the subject you started in Financial Accounting. While Financial Accounting focused on the use of financial statements by external constituencies, Managerial Accounting is focused on providing information to managers inside the company for decision making and performance measurement. We will start by understanding some basic cost concepts (e.g., cost type, cost behavior, cost of products and services). The stream will then move to the use of costs data to evaluate the design of operations and to make strategic managerial decisions. Some of the issues we explore are: how to select right mix of product and services, how to perform cost analysis for new product introduction, when to outsource some of the internal activities. You will also study how to prepare budgets to manage costs and how to use cost data to evaluate management performance. Throughout the semester we will explore interconnections between management accounting data, operations and organizational behavior. You will learn how the design of management accounting systems can support operations management and drive ethical behavior in organizations. Prerequisites: ACC1300, QTM 1300, QTM1310 and (FME1001 or (MIS1000 and MOB1000))

OEM: OPERATIONS

OEM2312 OEM: Operations Managing operations is vital to every type of organization, for it is only through effective and efficient utilization of resources that an organization can be successful in the long run. This is especially true today, when we see that significant competitive advantages accrue to those firms that manage their operations effectively. We define operations in the broadest sense, not confining the focus within a set of walls but defining the scope to the thoughts and activities necessary to supply goods and services from their conception to their consumption. This course introduces you to the operational challenges that managers face and provides a set of tools to aid you in designing, evaluating and managing business processes to meet your company's objectives. Prerequisites: ACC1300, QTM 1300, QTM1310 and (FME1001 or (MIS1000 and MOB1000))

OEM: ORGANIZATIONAL BEHAVIOR

OEM2313 OEM: Organizational Behavior The Organizational Behavior stream in OEM is designed to help you improve your effectiveness as an individual contributor, team member, and leader in an organization by introducing you to frameworks for understanding human life in organizations, and by providing you with opportunities to apply these frameworks. We focus on understanding the root causes of human behavior in organizations and we use this understanding as a basis for developing action plans that resolve organizational challenges in an ethical manner. Examples of individual, group and organizational level topics that will be explored include: emotional intelligence, behavioral styles, power and influence, negotiations, leading change, and managing diversity. Throughout the semester we will also explore the interconnections between organizational behavior and other subject streams, including technology and operations management, managerial accounting, and strategy. Prerequisites: ACC1300, QTM 1300, QTM1310 and (FME1001 or (MIS1000 and MOB1000))

OEM: ORGANIZING FOR EFFECTIVE MANAGEMENT

OEM2300 OEM Overall Description The Organizing for Effective Management (OEM) module integrates three subject streams: Technology and Operations Management (3 credits), Managerial Accounting (3 credits), and Organizational Behavior (3 credits). The OEM module focuses on the internal organization and processes required for leaders to successfully execute their business strategies. To be effective, managers must design their operations, measure and manage costs, motivate and lead employees, and take actions that achieve their strategy in an ethical manner. The three streams in this module will help build the skills you need to become effective leaders and managers. OEM will also help you to appreciate the interconnections between the streams. You will see how the design of operations impacts the selection of costing methods, and how costing methods may cause people to behave differently. In addition to the stream specific requirements, the module uses a company tour-oriented group project and an integrated final exam to test your understanding of how the streams work together to achieve organizational objectives within an ethical framework. Prerequisites: ACC1300, QTM 1300, QTM1310 and (FME1001 or (MIS1000 and MOB1000))
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