Course Catalog

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

FME1000 Foundation Management Entrepreneurship (2 semesters) (Foundation Mgmt) This full-year, introductory course exposes students to key management and information systems principles, vocabulary, and techniques. Central to the course is a "learn by doing" approach and sensitivity toward social responsibility and ethical behavior. Students organize into groups of 30 and are responsible for developing and implementing an actual business that the College funds. Profits generated by the business activity are used to support a charitable project that the students must coordinate as well. Students are introduced to the central concepts of finance, accounting, management, operations, and human resource management. In addition, they learn how information systems are used to manage and control business organizations and how to use productivity tools such as spreadsheet and database programs to manage business organizations more effectively. Prerequisites: NONE This course is typically offered in the following semesters: Fall

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

STUDENTS MUST BE ACCEPTED AND ENROLLED IN THE BRIC PROGRAM TO TAKE THIS COURSE BRC2401 India: World Religions, Ideologies and Society 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 and political study of the major religious traditions and political ideologies that have informed and distinguished the key periods of Indian history up to today. A dramatic fact about India is that the Hindu, Buddhist, Jain and Sikh religions all had their genesis there and they all still inflect everyday 21st century Indian life. Islam arrived as part of a foreign conquest, yet today India has the second largest Muslim population in the world. India has also been a critical place of refuge for endangered religious movements including the Zoroastrian (Parsi) and Bahai traditions. Although different from religions in many ways, political economic ideologies are also belief systems. British imperialism and its lingering effects, Indian nationalism and its distinctive style of secularism, and 21st century globalism are the pivotal modern ideologies that we will explore. Prerequisites: RHT and Foundation (H & S and A & H) or AHS

SUS1201 Introduction to Sustainability 4 credits General Credit **This course is for SOPHOMORES and JUNIORS only*** This is the first course in a three college (Babson/Olin/Wellesley) Sustainability Certificate. This case-based course introduces students to the basic concepts and tools that business, engineering, and the liberal arts (science, social science, and the humanities) bring to a consideration of sustainability. It is team taught by three faculty members, one from each institution, with coursework fully integrated across the three approaches. The course will draw empirical material from, and apply concepts and tools to, a semester long case (such as the sustainability of a city block, the transition to clean energy worldwide, or the life cycle of a common consumer product).

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))

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))

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))

"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))

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))

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))

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))

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))

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. Prerequisites: RHT and Foundation (H & S and A & H) or AHS

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, ECN2300, LAW13xx, QTM2420, ACC1300

*Please note: There will be an all-day class day on Friday, June 7th to visit the United Nations in New York. CXD3520 GLOBAL LEADERSHIP DEVELOPMENT EXPERIENCE 4 CREDIT (general credit) The Global Leadership Development Experience is an intense immersion program where Babson students partner with innovative student-entrepreneurs from other universities around the world, corporate and nonprofit executives, and Babson's 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.

FME1000 Foundation Management Entrepreneurship (2 semesters) (Foundation Mgmt) This full-year, introductory course exposes students to key management and information systems principles, vocabulary, and techniques. Central to the course is a "learn by doing" approach and sensitivity toward social responsibility and ethical behavior. Students organize into groups of 30 and are responsible for developing and implementing an actual business that the College funds. Profits generated by the business activity are used to support a charitable project that the students must coordinate as well. Students are introduced to the central concepts of finance, accounting, management, operations, and human resource management. In addition, they learn how information systems are used to manage and control business organizations and how to use productivity tools such as spreadsheet and database programs to manage business organizations more effectively. Prerequisites: NONE This course is typically offered in the following semesters: Fall

SUS3600 Sustainability Synthesis 5 credit advanced liberal arts Professor James Hunt (Babson) Jay Turner (Wellesley) Abigail Metchenberg (Olin College) This course is the required synthesis course of the three College undergraduate Sustainability Certificate. Students will learn about real world sustainability practices through identifying a sustainability issue important to an actual client, collecting inter-disciplinary data from multiple perspectives, developing alternative solutions, and making an actionable recommendation for addressing issue. Concurrently, students will learn more advanced conceptual perspectives on sustainability including the social causes and consequences that contextualize sustainability efforts, change management and client relations, how to assess the scalability an impact of proposed solutions and advanced tools and models helpful to assessing sustainability projects. Prerequisite: SUS1201