MKT9502 Pricing in the Information Industries
1.5 Intensive Elective CreditsPricing as a managerial discipline draws on many domains of knowledge - economics, consumer behavior, marketing, strategy, managerial accounting, law, and so on - and, as customers or as managers, we all have some experience in the taking and/or setting of prices. In this context, offerings of the information (read "content") industries present an interesting challenge since intuition, conventional rules of thumb, traditional models, and plain-vanilla theories do not immutably apply. With this as backdrop, the 1.5-credit "Pricing in the Information Industries" intensive course offering will focus on five topics: (1) pricing principles, (2) pricing and information products, (3) product-line pricing, (4) pricing and bundling, and (5) pricing in the presence of network effects.
Prerequisites: MKT7200 or MKT7800 or equivalent core
- Program: Graduate
- Division: Marketing
- Level: MSBA Elective (Grad),Graduate Elective (Grad)
- Course Number: MKT9502
- Number of Credits: 1.5
SME2021 Finance
3 Intermediate Management CreditsSME finance 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 valuation, financial forecasting, 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 SME finance stream through readings, lectures, class discussions, exercises, and an analytical project. 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 SME 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: ACC1000 and QTM1000
- Program: Undergraduate
- Division: Finance
- Level: Intermediate Management (UGrad)
- Course Number: SME2021
- Number of Credits: 3
FIN2000 Finance
4 Intermediate Management Credits
FIN 2000 Principles of Finance helps students understand the role of Finance in the management of business ventures and in their daily lives. Effective financial management, whether performed by the general manager in a small business, or by the finance organization in a large corporation, is necessary for ventures to succeed and grow. A successful financial manager must have skills, tools, and perspectives in many areas, including valuation of stocks and bonds, capital budgeting, investment risk and return, the cost of investor-supplied capital, and capital structure. A successful financial manager also must appreciate the key characteristics of a venture - including its products, services, market position, and purpose - and the economic and social environment in which the venture operates. Accordingly, this course links financial analysis and decision-making to critical contextual factors, allowing students to understand the part played by Finance in the overall impact of ventures. Throughout the topic coverage, connections between managerial Finance and personal Finance are recognized and explored, facilitating development of essential financial literacy capabilities. Competency will be developed through readings, lectures, class discussions, and exercises.
Prerequisites: ACC1000 AND AQM1000
- Program: Undergraduate
- Division: Finance
- Level: Intermediate Management (UGrad)
- Course Number: FIN2000
- Number of Credits: 4
ECN2000 Principles of Macroeconomics
4 Intermediate Liberal Arts CreditsUnderstanding the economy requires knowing what affects key variables such as output, employment, prices, interest rates and exchange rates, how these variables are measured, and how they fluctuate with the national economy over the business cycle. Students in ECN2000 will master these concepts, as well as understand the impact of inflation, deflation, recessions and trade imbalances on the economy. Students will be introduced to social challenges such as poverty and income inequality. They will also gain an introductory understanding of the banking system, money creation and the tools of monetary, fiscal and trade policies used by governments to manage sustainable growth in the context of the international economy.
Prerequisites: None
- Program: Undergraduate
- Division: Economics
- Level: Intermediate Liberal Arts (UGrad)
- Course Number: ECN2000
- Number of Credits: 4
MKT2000 Principles of Marketing
4 Credits
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 Principles of Marketing course 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, and integrative teaching.. 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.
Prerequisites: FME1000
- Program: Undergraduate
- Division: Marketing
- Level: Intermediate Management (UGrad)
- Course Number: MKT2000
- Number of Credits: 4
SME2031 Microeconomics
3 Intermediate Core CreditsMicroeconomics examines the decisions made by consumers, firms and governments in allocating scarce resources. Raw materials are not available in infinite quantities; neither are human labor and productive capital. Managers must deal with real-world constraints in making decisions about production and pricing, while consumers are subject to the constraints of income and prices in satisfying their needs and wants. Governments must set basic rules for an economy, provide certain goods and services, and deal with issues of taxation, income distribution and inequality when determining how a country's resources will be used and who benefits from those resources. The Microeconomics curriculum introduces us to the rules and principles that help guide allocation decisions, and focuses particularly on the role of markets.
Prerequisites: None
- Program: Undergraduate
- Division: Economics
- Level: Intermediate Management (UGrad)
- Course Number: SME2031
- Number of Credits: 3
ECN2002 Principles of Microeconomics
4 Intermediate Management Credits
**This course is equivalent to SME2031. Students who took SME2031 cannot take this course.**
Microeconomics examines the decisions made by consumers, firms and governments in allocating scarce resources. In a market economy, most allocation is determined by buyers and sellers coming together in markets. In this course, you will delve into the guiding principles that explain both consumer and firm behavior in markets for goods and services. Managers must deal with real-world constraints in making decisions about production and pricing, while consumers are subject to the constraints of income and prices in satisfying their needs and wants. Microeconomic principles also highlight the roles that governments play in the markets as they try to increase the general welfare by, for example, setting rules for the market or providing goods and services the market cannot efficiently provision. This course also examines the nature of competition and how the level of competition in a particular market affects output, prices and profits.
Prerequisites: None
- Program: Undergraduate
- Division: Economics
- Level: Intermediate Management (UGrad)
- Course Number: ECN2002
- Number of Credits: 4
FIN3504 Private Equity
4 Advanced Management Credits
This course will provide students with the opportunity to develop a practical understanding of the private equity industry and related topics generally in the venture capital industry. The course will focus on various phases of activity including fund organization, prospecting, valuation, LBO modeling, negotiating skills and exits. The course will also provide students with an understanding of careers in private equity and related industries. The course is designed to enable students to practically apply financial theory in a way that is consistent with industry practices, techniques and professional expectations. As such, the class will utilize case studies involving real companies and will have a heavy emphasis on the practical financial research skills relevant to private equity, and how industry-specific issues are addressed by private equity professionals.
Prerequisites: Any FIN3000 level course
- Program: Undergraduate
- Division: Finance
- Level: Advanced Elective (UGrad),Advanced Management (UGrad)
- Course Number: FIN4504
- Number of Credits: 4
COM3501: Proactive Crisis Management and Communication
4 advanced electives credits
Proactive Crisis Management and Communication focuses on the key elements of crisis and issues management - before, during and after a crisis. In an age when a company's every move is subject to instant, unfiltered, and global scrutiny and attack, the need for effective, proactive crisis management is greater than ever.
Prerequisites: MKT2000
- Program: Undergraduate
- Division: Marketing
- Level: Advanced Elective (UGrad),Advanced Management (UGrad)
- Course Number: COM3501
- Number of Credits: 4
QTM3675 Probability for Risk Management
4 CreditsThe fundamental objective of this course is to prepare students for the successful completion of the first level probability examination (Exam P) of the Society of Actuaries. While the necessary theory is addressed, this course focuses on problem solving, so it is well suited for any student with an interest in applied probability concepts and how they are related to a wide variety of situations within and beyond actuarial science, finance, and economics. Topics include general probability and univariate and multivariate probability distributions.
Prerequisites: AQM2000
- Program: Undergraduate
- Division: Mathematics Analytics Science and Technology
- Level: Advanced Elective (UGrad),Advanced Liberal Arts (UGrad)
- Course Number: QTM3675
- Number of Credits: 4