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AZERBAIJAN STATE OIL AND INDUSTRY UNIVERSITY
/ BA PROGRAMS/ MBA
SYLLABUS Course unit title STATISTICAL BUSINESS ANALYSIS
Course unit code MBA 7025
Type of course unit Compulsory
Level of course unit Second cycle Master
Year of study 1st year
Semester when the course unit is delivered
1st Semester
Number of ECTS credits allocated
6
Name of lecturers Coordinator: Rafig Aliyev Kamala Aliyeva
Class information Location: Room: 1,5
Time: Monday, Tuesday, Thursday
Contact: [email protected], [email protected]
Learning outcomes of the
course unit
Course Description This course Statistics is the branch of
mathematics that transforms data into useful information for
decision makers. These transformations often require complex
calculations that are practical only if done by computer, so
using statistics usually
means also using computers. This is especially true when dealing
with the large
volumes of data that a typical business collects. Attempting to
do statistics, using manual calculations for such data would be too
time-consuming to benefit a
business.
In MBA 7025, you learn a set of methods and the conditions under
which it is appropriate for you to use those methods. And because
so many statistical methods
are practical only when you use computers, learning statistics
means learning more
about using computer programs that perform statistical
analyses.
Learning Outcomes of the Course:
After completing the course, students should be able to:
* Present and describe business data and information properly *
Draw conclusions about large populations, using information
collected from samples
* Make reliable forecasts about a business activity * Improve
business processes
Mode of delivery Face-to-face
Prerequisites and co- requisites
CSP 1-8
Recommended optional
programme components
PHStat Program, Microsoft Excel.
mailto:[email protected]:[email protected]
-
Recommended or required
reading
The Textbook :”STATISTICS FOR MANAGERS USING Microsoft Excel”
David M. Levine David F. Stephan. Timothy C. Krehbiel Mark L.
Berenson Printed in the United States of America
10 9 8 7 6 5 4 3 2 1 ISBN 0-536-04080 X 2008600006 KA Copyright
2008,
2005, 2002, 1999, 1997 by Pearson Education, Inc. Published by
Prentice Hall,Upper Saddle River, New Jersey 07458
Option: Applied Statistics for Business and Economics,
A.Webster. Richard D.Irwin,
Inc.,, pp.996.
Course reading is composed of articles, laws as well as book
chapters. Additional
information will be distributed either electronically or
delivered in printed forms.
Planned learning activities and teaching methods
Classroom lecturing, case study discussions and brainstorming,
feedback and presentation sessions, discussion sessions, Software
commands for Excel
Language of instruction English
Course contents:
1 Introduction to the Course.
The meaning and role of Statistics. The Population and the
Sample.
Types of Data. Types of Sample.
Descriptive and Inferential Statistics.
LAB: Constructions and graphing different type of categorical
and numerical
Data. Generating a Bar, Pie Chart ,Line Graphs
(Instructions-Software commands
for Excel )
Chapter 1 Chapter 2
(Textbook)
2 Describing Sets of Measurement. Frequency Distribution.
Graphical methods.
Measures of Variability.
Lab. Constructions and graphing Relative and Cumulative
Frequency Distribution
Generating Measures of Central tendency, Variation, and share
Using Microsoft
Excel
Chapter 2 Chapter 3
(Textbook)
3 Principles of Probability. The probability of an Event.
Probability Laws and their use.
Bays rule and conditional probability
Lab. Calculating Simple, Joint ,Compound, Conditional
Probabilities using
Microsoft Excel
Chapter 4
(Textbook)
4 Probability Distributions and Interferences.
Probability Distributions.
The Probability Distribution for a Discrete Random Variable
Expected Value of a Discrete Random Variable
Variance and Standard Deviation of a Discrete Random
Variable
Lab. Generating a Histograms of Binomial, Poisson, and
Hypergeometric
Distributions . (Software commands for Excel)
Chapter 5
(Textbook)
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5 Principles of Normal Distribution.
Finding particular value associated with known
probabilities.
Assessing the normal assumptions.
The Exponential Distribution.
Lab. Calculating Normal Probabilities using Microsoft Excel.
Generating Exponential Probabilities using Microsoft Excel.
Chapter 6
(Textbook)
6 Sampling Distributions. Inferential Statistics.
Sampling Distributions of the proportions.
Sampling from Finite Populations.
Lab. Simulating Sampling Distributions using Microsoft Excel
Chapter 7
(Textbook)
7 Confidence Interval Estimation. Confidence Interval Estimation
for the Proportion
Determining Sample Size Sample Size Determination for the
Mean
Sample Size Determination for the Proportion
Calculating confidence interval estimation when σ is known and
σ-is unknown.
Lab. Determining confidence interval estimation when σ is known
and σ-is
unknown using Microsoft Excel (on p.429-440) .
Determining the sample size for estimating the mean using
Microsoft Excel
Chapter 8
(Textbook)
8 MIDTERM EXAM
9 Inferences from Large Samples. Point Estimation.
Interval Estimation. Hypothesis Testing .
A connection between Confidence Interval estimation and
hypothesis Testing.
Lab. Performing the t Test and z Test Hypothesis for the Mean
when σ is known
and σ-is unknown using Microsoft Excel.
Chapter 9
(Textbook)
10 Inferences from small Samples.
Tests of two populations.
F Test for Differences in two variances.
Comparing Two related samples.
Lab. Performing the Pooled – Variance t test for Differences in
two Means using Microsoft Excel
Chapter 9 (Textbook)
11 Simple Regression and Correlation Analysis.
Linear Probabilistic Model.
The Method of Least Squares.
Coefficient of Correlation. Assumptions.
Lab. Calculating the simple linear regression coefficients using
Microsoft Excel.
Generating Residual plots using Microsoft Excel.
Chapter 10
(Textbook)
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12 Multiple Regression. Formulating a Multiple Regression
Model.
Measuring the Goodness of Fit of a Model.
Lab. Calculating the coefficients of Partial Determination using
Microsoft Excel.
Generating Transformations
Chapter 11
(Textbook)
13 Time Series Analysis.
Smoothing the Annual Time-series.
Least-squares Trend Fitting and Forecasting.
Lab. Calculating Moving average using Microsoft Excel.
Generating Time Series Forecasting of Monthly or Quarterly
Data
Chapter 11
(Textbook)
14 Forecasting Models. The importance of business
forecasting.
Least-squares Trend Fitting and Forecasting.
Calculating Mean Absolute Deviation (MAD).
Choosing appropriate forecasting models.
Lab. Performing Least-squares Trend Fitting using Microsoft
Excel.
Chapter 11
(Textbook)
15 Decision Making. Calculating Opportunity loss. Criteria for
Decision Making.
Decision Making with sample information. Lab. Decision Analysis
and Decision-Making using Microsoft Excel.
Chapter 9 Chapter 10 Chapter 11
(Textbook)
FINAL EXAM
Activities Number Duration
(hour)
Total Workload
(hour)
Course duration in class (including
Exam weeks) 16 3 48
Assignment/Case studies 15 1 15
Lab 15 1 15
Paper/Presentation/Report 1 10 10
Quizzes 2 5 10
Midterm Examination 1 10 10
Final Examination 1 15 15
Self-Study 14 4 56
Total Workload 179
Total Workload/30(h) 5.97
ECTS Credit of the Course 6
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AZERBAIJAN STATE OIL AND INDUSTRY UNIVERSITY BA
PROGRAMS/ MBA SYLLABUS
Course unit title MANAGING IN THE GLOBAL ECONOMY
Course unit code MBA 8000
Type of course unit Compulsory
Level of course unit Second cycle Master
Year of study 1st year
Semester/trimester
when the course unit
is delivered
1st semester
Number of ECTS credits allocated
6
Name of lecturer(s) Coordinator: Farid Mehdi
Hajiyev Rasul
Learning outcomes of
the course unit
Course description: The course is oriented especially for MBA
students and supports them on the process of
understanding the modern economy picture. With business
applications, concrete
business examples, and an approach to macroeconomic theory via
markets, it shows how macroeconomics can help in making better
business decisions.
Although the course focuses on dry, overly complex macroeconomic
models, it includes
a minimum of math, and keeps students visually engaged with
figures, tables, charts,
and illustrative exhibits. Learning Outcomes:
Following this clear, concise, and highly practical course,
students should: be able to grasp practical `big picture` concepts;
be able to develop an understanding of what causes macroeconomic
variables to
change;
be able to see how these changes affect the types of issues they
will confront as a
manager;
be equipped with a macroeconomic perspective that will help them
throughout their business careers.
Mode of delivery Face-to-face
Prerequisites and co- requisites
Prerequisites: None Co-requisites: MBA 7025
Recommended
optional programme components
–
Course contents
Unit
Topic
Content
Reference to textbook
and chapter(s)
1
Introduction to
International
Macroeconomics
a) Introduction. b) Business Uses of Macroeconomic
Analyses. c) Three-Sector Model.
1, Ch. 1
3, Ch: 1
Discussion on questions 2, Ch: 1
-
2
Taking an Economic
Pulse: Measuring
National Output and Income
a) Gross Domestic Product and Gross National Product.
b) Focus on Macroeconomic Expenditures.
c) Macroeconomic Equilibrium I: Desired Quantity Supplied =
Desired Quantity
Demanded.
1, Ch. 2
3, Ch.: 20
Review application on:
A. GDP = C + I + G + NE (wages,rent,interest,profit/loses) B.
GNP = GDP + NIf
2, Ch: 5
3
Understanding and
Monitoring Labor
Market Conditions
Quiz 1 (chapters 1,2)
a. Measuring Employment and Unemployment.
b. Four Types of Unemployment. c. Global Labor Conditions.
Review application on:
A. Labor Force = Employed +
Unemployed but actively seeking work
1, Ch. 3
4
Inflation, Real
GDP, and Business Cycles
a) What Is Inflation? Inflation Measure. b) Real vs. Nominal
GDP. c) Business Cycles.
A. Calculating GDP Price Index
B. Average Annual Inflation year 0 to year x
C. Real GDP = Nominal GDP / GDP Price Index D. The Gibson
Paradox
1, Ch. 4
5
Measuring Money
a) Commodity Money vs. Fiat Money. b) Functions of Money. c)
Monetary Aggregates.
Review application on:
A) Monetary Base = Currency in circulation + Bank Reserves
B) M2 ≅M2 multiplier ∙ Monetary Base
1, Ch. 6
2, Ch.: 3
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6
Financial Institutions and
Creating the Money
a. Financial Markets (7th chapter). b. Creation of Money by a
Single Bank. c. Money Creation in the Banking System and
Money Multiplier.
A) M2 ≡ Currency in circulation + Checking deposits + Near
money
B) Money multiplier (m) = 1 /
Reserve Requirement Ratio (RRR)
1, chapters
7,8
2, Ch.: 3
7
Controls over Money Supply
Quiz 2 (chapters 3-4,6-
8)
a) Monetary Tools of Central Banks. b) Discount Rate: The
Instrument of the
FED. c) Lags in Monetary Policy. d) Margin Requirements: A
Selective
Monetary Control.
1, Ch. 9
8 Midterm exam
9
I. The Economics of Virtual Currencies.
II. Basics of Foreign
Exchange
Markets.
I
a) Virtual Currency Systems. b) Bitcoins.
II a. Exchange Rates and Foreign Exchange
Markets.
b. Bid and Ask Rates. c. Spots and Forwards.
1, chapters
10,14
3, Ch(s):
14,15,16
2, Ch(s): 2,3,4
Discussion on FOREX Market
10
Price and
Output Fluctuations
a) Aggregate Supply Curve. b) Aggregate Demand Curve. c) The
Short-Run Phillips Curve. d) Spiral Inflation.
1, Ch. 12
a) Nominal vs. Real Exchange Rates. b) Causes of Exchange Rates´
Change. c) International Exchange Rate Systems.
1, Ch. 15
11
Exchange Rates:
Why Do They Change
3, Ch.: 14
Review application on:
A. Real Exchange Rate ≅ Nominal Exchange Rate (b/a) ∙ (Price a /
Price b)
2, Ch(s): 2,3,4
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12
Balance of Payments
Quiz 3 (chapters
10,12,14,15)
a) Introduction to the Balance of Payments. b) Three Major Parts
of the Balance of
Payments, and Its Measures.
c) Mexican Peso Crises, 1994: A Case Study.
Review application on:
A. CA + FKA + RA ≡ 0 B. NE ≡ (S – I) + (T – G)
1, Ch. 16
3, Ch.: 13
2, Ch(s): 6,7
13
Economic Shocks to
Nations with Flexible and Fixed Exchange
Rates
I
a) Effects of Expansionary Fiscal and
Monetary Policies.
II
a) Why to Choose Fixed Exchange Rates. b) How to Fix Exchange
Rates. c) Rise and Fall of the Asian Tigers:
1985-1997.
A. Economic Devastation B. Paradox of Leverage
C. Causes of the Great Recession (2007-2009)
1, chapters 18,19
3, Ch(s):
15,16 3, Ch.: 18
2, Ch(s): 8,9,10
14
Causes of Long-
Term Growth
and Inflation
a) Scenario Planning. b) Measuring Growth and
Development.
c) The Role of Natural Resources in Economic Growth.
d) Money Velocity and Its Stability.
1, Ch. 21
Quiz 4 (optional) Review application on:
A. Equation of Exchange: M ∙ V ≡ P ∙ Q B. Real GDP = Nominal GDP
/ GDP Price Index
3, Ch(s):
20,21
15
Long-Term Exchange
Rate Movements and Comparative
Advantage
(Gathering of
distributed
assignment topics)
a) Long-Term Changes in Exchange Rates.
b) Purchasing Power Parity (PPP) and Quantity Theory of Money
(QTM).
c) Comparative and Absolute Advantage. d) How PPP Predicts
Exchange Rates.
A) Law of one price: Pb 1 = P
a 1 S
1, Ch. 22
3, Ch(s): 2,3
3, Ch.: 14
2, Ch.: 11
-
b/a
B) Absolute PPP: S b/a = Pb basket / P
a basket
C) Linking PPP and QTM
Final exam
Recommended or
required readings
Required readings: 1. John E. Marthinsen: “Managing in a Global
Economy: Demystifying International
Macroeconomics”, 2015, 2nd Edition.
2. Robert C. Feenstra, Alan M. Taylor: “International
Macroeconomics”, 2013, 2nd Edition (see also its online source at
4).
3. Kenneth A. Reinert: “An Introduction to International
Economics: New Perspectives on the World Economy”, School of Public
Policy/George Mason
University, Cambridge University Press, 2012, 2nd Edition.
Optional readings: 4.
http://doc.mbalib.com/view/768f505c1c5ed5f21c5bc0874b711328.html 5.
http://internationalecon.com/Trade/Tch40/T40-2.php
6.
https://books.google.az/books?id=R8gTCgAAQBAJ&pg=PR3&source=gbs_selec
ted_pages&cad=3#v=onepage&q&f=false
Planned learning
activities and teaching methods
Lectures, class discussions, task solutions, assignments,
quizzes, and exams
Language of instruction
English
Work placement(s) –
ECTS allocated based on Student Workload
Activities Number Duration (hour)
Total Workload(hour)
Course duration in class (including Exam weeks) 16 3 48
Labs and Tutorials - - -
Assignment 2 3 6
Project /Presentation/Report 2 4 8
E-learning activities - - -
Quizzes 2 2 4
Midterm Examination 1 15 15
Final Examination 1 15 15
Self Study 14 6 84
Total Workload 180
Total Workload/30(h) 6
ECTS Credit of the Course 6
http://doc.mbalib.com/view/768f505c1c5ed5f21c5bc0874b711328.htmlhttp://internationalecon.com/Trade/Tch40/T40-2.phphttps://books.google.az/books?id=R8gTCgAAQBAJ&%3Bpg=PR3&%3Bsource=gbs_selected_pages&%3Bcad=3%23v%3Donepage&%3Bq&%3Bf=falsehttps://books.google.az/books?id=R8gTCgAAQBAJ&%3Bpg=PR3&%3Bsource=gbs_selected_pages&%3Bcad=3%23v%3Donepage&%3Bq&%3Bf=falsehttps://books.google.az/books?id=R8gTCgAAQBAJ&%3Bpg=PR3&%3Bsource=gbs_selected_pages&%3Bcad=3%23v%3Donepage&%3Bq&%3Bf=false
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AZERBAIJAN STATE OIL AND INDUSTRY
UNIVERSITY BA PROGRAMS/ MBA
SYLLABUS
Course unit title STRATEGIC BUSINESS COMMUNICATION
Course unit code MBA 8015
Type of course unit Compulsory
Level of course unit Second cycle Master
Year of study 1st year
Semester when the course
unit is delivered
1st Semester
Number of ECTS credits
allocated
6
Name of lecturers Coordinator: Babayeva Rena
Suleymanov Turan
Aliyeva Gulshan
Class information Location: Room: 4,6
Time: Thursday, Friday
Contact: [email protected]
Learning outcomes of the
course unit
Course Description
This course prepares students to communicate effectively as
managers by teaching
them how to handle a variety of communication situations: write
a business letter,
deliver an oral presentation, write a business report, work in a
group, conduct a
meeting, communicate electronically, write a resume, and
interview for a job.
mailto:[email protected]
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Students work on case studies required to them to analyze their
audience,
formulate a communication strategy, and decide on the most
effective medium and
format to achieve students’ objective in delivering a business
message.
Learning outcomes:
Use an understanding of the audience, purpose, and situation to
deliver a
business message that uses the appropriate content, tone,
channel, and
organization.
Describe the influence of cultural, ethical, and technological
context on spoken,
written and nonverbal methods of communication.
Prepare and deliver and oral presentation that uses the most
widely accepted
strategies for successful business speaking.
Use a computer presentation package to create “business
professional”
transparencies and use the transparencies effectively in an oral
presentation.
Use research tools such as the Internet to conduct business
research and compile
data for oral presentations and written reports.
Participate effectively as a member of a professional group that
is ask to work
together to solve an assigned business problem or make a
business decision.
Mode of delivery Face-to-face
Prerequisites and co-
requisites
None
Recommended optional
programmer
components
NA
Recommended or required
reading
The Textbook: Excellence in Business Communication (5e) by
JohnV. Thill,
Courtland L. Bovée
Option: Management Communication, 5 th Edition, by James
O’Rourke (JO)
Course reading is composed of lectures, class discussions,
reading material from
textbook, quizzes, exams.
Planned learning activities
and teaching methods
Classroom lecturing, case study discussions and brainstorming,
feedback and
presentation sessions, discussion sessions
Language of instruction English
Work placement(s) NA
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Course contents:
1
Introduction to the Course; Understanding Business
Communication
Explain why effective communication is important to
organizations and
how it can help you succeed in business
Discuss four changes in the workplace that are intensifying the
need to
communicate effectively
Describe how organizations share information internally and
externally
List and briefly define the six phases of the communication
process
Identify and briefly discuss four types of communication
barriers
Chapter 1
(Textbook)
2
Communication in Teams: Collaboration, Listening, Nonverbal and
Meeting
Skills.
Identify the characteristics of effective teams
Discuss the tasks involved in preparing effective team
messages
Describe the listening process
Clarify the importance of nonverbal communication
Chapter 2
(Textbook)
3
Communication Interculturally.
Discuss two trends that have made intercultural business
communication so
important
Define culture and subculture
Explain the importance recognizing cultural differences
Define ethnocentrism and stereotyping
Presentations
Chapter 3
(Textbook)
4
Planning Business Messages
Describe the three step writing-process
Explain why it’s important to define your purpose carefully
Justify the importance of analyzing your audience profile
Outline how you can collect information informally
Presentations
Chapter 4
(Textbook)
-
5
Writing Business Messages
Explain why good organization is important to both the
communicator and the
audience
Summarize the process for organizing business messages
effectively
Explain four guidelines that help you achieve clarity and
efficiency in
your sentence
Quiz
Chapter 5
(Textbook)
6
Completing Business Messages
Explain why revision is so important in business messages
List nine tips for making your writing clear
Define the types of error to look when proofreading
Presentations
Chapter 6
(Textbook)
7
Writing Routine, Good News, and Goodwill Messages
Apply the three steps writing process to routine positive
messages
Illustrate the strategy for writing routine request
Discuss the differences among four types of routine requests
Presentations
Chapter 7
(Textbook)
8 MIDTERM EXAM
9 Writing Bad-News Messages
Apply the three steps writing process to bad-news messages
Show how to achieve an audience-centered tone, and explain why
it helps
readers
Discuss the three techniques for saying “no” as clearly and
kindly as
possible
Presentations
Chapter 8
(Textbook)
10 Writing Persuasive Messages
Discuss the planning tasks that need extra attention when
preparing
persuasive messages
Distinguish between emotional and logical appeals
Chapter 9
(Textbook)
-
Describe the AIDA plan for persuasive messages
Presentations
Planning Business Reports and Proposals
Discuss why businesses need reports and how this documents can
be
classified
Distinguish between informational and analytical reports
Clarify what it means to adapt your report to your audience
Presentations
Chapter 10
11
(Textbook)
Writing Business Reports and Proposals
Discuss the structure of information reports
Explain the structure of analytical reports
List the most popular types of visual, and discuss when to use
them
Presentations
Chapter 11
12
(Textbook)
13
Completing Formal Business Reports and Proposals
List the three tasks involving in completing formal business
reports and
proposals
Explain the ten prefatory parts of a formal reports
Quiz
Chapter 12
(Textbook)
Giving Speeches and Oral Presentations
Illustrate how planning speeches differs from planning written
documents
Describe the five tasks that go into organizing speeches and
presentations
Explain why using visual in a speech is a good idea
Presentations
Chapter 13
14
(Textbook)
15
Writing Resumes and Application Letters
Explain why companies are encouraging employees to get more
varied job
experience, and list five ways to build toward a career
List the major section of a traditional resume
Define the purpose of application letters, and explain how to
apply the
AIDA organizational approach to them
Chapter 14
(Textbook)
Presentations
FINAL EXAM
-
ECTS allocated based on Student Workload
Activities Number Duration
(hour) Total Workload(hour)
Lectures 15 1.5 22.5
Seminars 15 1.5 22.5
Case Study
Project/Presentation/Report - - -
E-learning activities - - -
Quizzes 2 5 10
Midterm Examination 1 10 10
Final Examination 1 10 10
Self Study 21 5 105
Total Workload 180
Total Workload/30(h) 180/30
ECTS Credit of the Course 6
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AZERBAIJAN STATE OIL AND INDUSTRY UNIVERSITY
BA PROGRAMS/ MBA
SYLLABUS Course unit title FINANCIAL STATEMENT ANALYSIS
Course unit code MBA 8025
Type of course unit Compulsory
Level of course unit Second cycle Master
Year of study 1st year
Semester when the course unit is delivered
1st Semester
Number of ECTS credits allocated
6
Name of lecturers Coordinator: Ilham Eminbayli Rahimov Tural
Mirzayev Ilkin
Class information Location: Room: 366 Time: Monday, Wednesday
Contact: [email protected]
Learning outcomes of the
course unit
Course Description This course takes a user-oriented approach to
the study of financial statements. Students study the role of the
financial statements and the annual report in the financial
reporting
process. Using the ratio analysis, students analyze past firm
performance and make
forecast of future performance.
Students also study the effects of differing accounting methods
of financial statement analysis.
Using a user-oriented approach, students in this course study
the basic principles of
accounting and the assumptions of the financial accounting
model. They learn how to
apply general purpose financial statements and related data to
derive estimates and make inferences useful in business
decisions.
Students analyze the role of the income statement, balance
sheet, statement of cash flows, footnotes and the annual report in
the financial reporting process. They learn techniques
of computing ratios in preparation for financial statement
analysis, interpret the ratios and
study the efficiency, financial condition, profitability,
liquidity, solvency and risk of a company using ration analysis,
including vertical and horizontal common-size analysis,
trend analysis and industry comparisons. They make forecasts of
the future firm
performance.
Finally, students analyze the effect of earnings management,
financial shenanigans, and
choice of accounting methods and variations in level of firm
disclosures on financial
statement analysis.
. Learning Outcomes of the Course: After completing MBA 8025,
students should be able to:
mailto:[email protected]
-
Explain the basic principles of accounting and the assumptions
of the financial accounting model
Explain the role of the income statement, balance sheet,
statement of cash flows, footnotes and the annual report in the
financial reporting process
Compute ratios in preparation for financial statement analysis,
interpret the ratios and explain the limitations of ratio
analysis
Analyze the efficiency, financial condition, profitability,
liquidity, solvency and risk of a company using ratio analysis,
including vertical and horizontal
common-size analysis, trend analysis and industry
comparisons
Analyze the effects of differing accounting methods and
management disclosures on financial statement analysis
(53)
Mode of delivery Face-to-face
Prerequisites and co- requisites
None
Recommended optional programme components
NA
Recommended or required
reading
The Textbook “Financial Statement Analysis”, International
Edition (with Thomson
ONE Printed Access Card) of Gibson, Charles H. ISBN10:
1-133-18940-7 ISBN13:
978-1-133-18940-4
Option: Introduction to Financial Accounting: Global Edition,
10/E Horngren, Sundem, Elliot & Philbrick ISBN-10: 0273770179 •
ISBN-13:
9780273770176
©2012
Course reading is composed of cases, problem sets as well as
book chapters. Additional
information will be distributed either electronically or
delivered in printed forms.
Planned learning activities and teaching methods
Classroom lecturing, case study discussions and brainstorming,
problems solving, discussion sessions
Language of instruction English
Work placement(s) NA
Course contents:
1
Overview of Financial Reporting
Overview of development of Generally Accepted Accounting
Principles (GAAP)
Understand traditional assumptions of the Accounting Model
(Business Entity, Going Concern and Continuity, Time Period ,
Monetary Unit,
Historical Cost, Conservatism, Realization Matching,
Consistency, Full Disclosure, Materiality, Industry Practices,
Transaction Approach, Cash
Basis, Accrual Basis)
Discuss the harmonization of International Accounting Standards
(IAS).
Analyze the Financial Reporting Standards for Small and
Medium-Sized Entities
Chapter 1
(Textbook) (58)
Problems:1-2, 1-3
Cases:1-2,1-4, 1-7
2
Overview of Financial Statements
Forms of business entities (sole proprietorship, partnership and
corporations). Discuss advantages and disadvantages.
Chapter 2 (Textbook)
-
The Financial Statements (Balance Sheet, Income Statements,
Statement of Stockholders Equity, Statement of Cash Flows)
The Accounting Cycle
Auditor’s Opinion
Discuss management responsibility for Financial Statements
Problems:2-7, 2-8
Cases:2-2,2-7, 2-8
3
Detailed examination of the Balance Sheet
Basic elements of the Balance Sheet
Quasi-reorganization
Employee stock ownership plan
Treasury Stock
International Consolidated Balance Sheets (IFRS)
Chapter 3 (Textbook) Problems:3-6, 3-8,3-13 Cases:3-2,3-6,
3-8
4
Detailed examination of the Income Statement
Basic elements of Income Statements
Special Income Statement items
Income Taxes related to operations\
Earnings per share
Retained Earnings
Dividends and Stock Splits
International Consolidated Income Statements (IFRS)
Quiz
Chapter 4 (Textbook) Problems: 4-5, 4-12,4-15
Cases:4-3,4-5, 4-6
5
Basics of Financial Statements Analysis
Ratio analysis
Common-size analysis (vertical and horizontal)\
Year-to-year change analysis
Financial Statement Variation by the type of Industry
Comparisons (trend analysis, caution in using industry
averages)
Chapter 5 (Textbook) Problems:5-1, 5-6,5-7 Cases: No cases
6
Analyzing of Short-Term Assets and Short-Term Debt-Paying
Ability
Current Assets, Current Liabilities , and the Operating Cycle
(Cash, Marketable Securities, Receivables, Inventories,
Prepayments,
Other Current Assets, Current Liabilities)
Current Assets compared with Current Liabilities (Working
Capital, Current Ratio, Acid-Test Ratio, Cash Ratio)
Other Liquidity Considerations (Working Capital Turnover)
Chapter 6 (Textbook) Problems:6-8, 6-11,6-26
Cases: 6-4,6-5, 6-6
7
Analyzing of Long-Term Debt Paying Ability
Income Statement consideration when determining Long-Term Debt-
Paying ability (Times Interest Earned, Fixed Charge Coverage)
Balance Sheet consideration when determining Long-Term
Debt-Paying ability (Debt Ratio, Debt/Equity Ratio, Debt to
Tangible Net Worth Ratio,
Chapter 7 (Textbook) Problems:7-3, 7-4,7-10
-
Other Long-Term Debt-Paying Ability Ratios
Special Items that influence a firm’s Long-Term Debt-Paying
ability (Long-Term Assets versus Long Term Debt, Long Term
Leasing,
Pensions Plans)
Joint Ventures
Contingencies
Financial Instruments with Off-Balance-Sheet Risk and financial
instruments with concentrations of Credit Risk
Cases:7-2,7-4, 7-6
8 MIDTERM EXAM
Analyzing Profitability
Profitability Measures ( Net Profit Margin, Total Assets
Turnover, Return on Assets, DuPont Return on Assets, Interpretation
through DuPont
Analysis, Variation in computation of DuPont Ratios considering
only
Operating Accounts, Operating Income Margin, Operating
Assets
Turnover, Return on Operating Assets, Sales to Fixed Assets,
Return on Investment (ROI), Return on Total Equity, Return on
Common Equity, the
Relationship between Profitability Ratios, Gross Profit
Margin)
Trends in profitability
Segment reporting
Revenues by major product lines
Gains and losses from prior period adjustments
Comprehensive Income
Pro-forma Financial Information
Interim reports
Chapter 8 (Textbook) Problems:8-3, 8-6,8-9
Cases: 8-1, 8-2, 8-5
9
Analyzing of Financial Statements by Equity Investors
Leverage and its effects on earnings (Definition of Financial
Leverage and Magnification Effect, Computing the Decree of
Financial Leverage,
Summary of Financial Leverage)
Earnings per common share
Price/Earnings ratio
Percentage of Earnings retained
Dividend Payout
Dividend yield
Book value per share
Stock Options
Restricted stock
Stock appreciation rights
Chapter 9 (Textbook) Problems:9-1,9-4,9-13
Cases:9-1, 9-3, 9-5 Summary Analysis of Nike Inc. Pg.
438-481
10
Analyzing of Statement of Cash Flows
Basic elements of the Statement of Cash Flows financial ratios
(Operating Cash Flow/Current Maturities of Long-Term Debt and
Current Notes
Payable, Operating Cash Flow/Total Debt, Operating Cash Flow per
share,
Operating Cash Flow/Cash Dividends)
Alternative Cash Flow
Chapter 10 (Textbook)
11 Problems:10-1, 10-6
10-9, 10-14
-
Procedures for development of the Statement of Cash Flows Cases:
10-3, 10-4, 10-6
Expanded Analysis of Financial Statements (including analysis
by
Commercial Loan Departments, Corporate Controllers, Financial
Analysts,
and Forecasting Financial Failure)
Financial Ratios as perceived by Commercial Loan Departments
(Ratios appearing most frequently in loan agreements)
Financial Ratios as perceived by Corporate Controllers (Key
financial ratios included as corporate objectives)
Financial Ratios as perceived by Certified Public
Accountants
Financial Ratios as perceived by Chartered Financial
Analysts
Financial Ratios used in Annual Reports
Degree of conservatism and quality of earnings
Forecasting Financial Failure
Analytical review procedures
Management’s use of analysis
Use of LIFO reserves
Graphing financial information
Management of earnings
The housing bust
Valuation (Multiperiod discounted valuation models)
Quiz
Chapter 11 (Textbook) Problems: 11-4, 11-6 11-9, 11-13, 11-16
Cases: 11-1, 11-2, 11-3
12
Analysis of Special Industries
Analysis of Banks
Analysis of Oil and Gas Industry
Analysis of Transportation
Analysis of Insurance
Analysis of Real Estate Companies
Chapter 12 (Textbook)
13 Problems:
12-1, 12-3,12-6 Cases: 12-1,12-3
Impact of Earnings Management and Financial Shenanigans of
Financial Statement Analysis
Basic strategies underlying financial shenanigans
Examples
Notes and articles to be supplied by instructor
14
Presentation by students of Group Projects
Group Projects presentations
15
FINAL EXAM
-
ECTS allocated based on Student Workload
Activities Number Duration (hour) Total Workload(hour)
Course duration in class (including Exam weeks) 16 3 48
Labs and Tutorials
Assignment - -
Project/Presentation/Report 2 4 8
E-learning activities - - -
Quizzes 2 2 4
Midterm Examination 1 15 15
Final Examination 1 15 15
Self Study 14 6 84
Total Workload 174
Total Workload/30(h) 5,8
ECTS Credit of the Course 6
-
SYLLABUS Course unit title LEGAL ENVIRONMENT: ETHICS AND
CORPORATE GOVERNANCE
Course unit code MBA 8030
Type of course unit Compulsory
Level of course unit Second cycle Master
Year of study 1st year
Semester when the course unit is delivered
1st Semester
Number of ECTS credits allocated
6
Name of lecturers Coordinator: Solmaz Huseynova Musa
Teymurov
Class information Location: Room: 6 Time: Monday, Thursday
Contact: [email protected]
[email protected]
Learning outcomes of the
course unit
Course Description This course offers an understanding of how
businesses can comply with the law and use
an ethical culture as a positive strategy for making successful
decisions. Ignoring the
law and ethical obligations to owners, customers, and consumers
exposes the company to legal and financial liability. When
incorporated properly into managerial decision-
making, law and ethics can become an affirmative strategic tool
that functions to
facilitate growth, creativity and competitive advantage.
In MBA 8030, students will learn how to critically analyze the
law as a means to form
relationships and business organizations, manage business
operations, and reduce the risk of liability. Students will also
examine the application of ethics to business and
corporate governance issues.
Learning Outcomes of the Course:
After completing MBA 8030, students should be able to:
explain complex legal concepts in everyday language,
recognize potential legal risks and ethical problems that
managers face, and how law can be used to minimize those risks,
analyze business problems and managerial responsibilities from a
legal perspective, recognizing the legal ramifications of business
decisions,
evaluate the policies underlying the laws and legal processes
considered in this course,
apply legal doctrine to real-life business situations, and
develop a framework for analyzing ethical issues in business
using various models of ethics and justice.
Mode of delivery Face-to-face
AZERBAIJAN STATE OIL AND INDUSTRY UNIVERSITY BA PROGRAMS/
MBA
mailto:[email protected]:[email protected]
-
Prerequisites and co- requisites
None
Recommended optional programme components
NA
Recommended or required
reading
The Textbook “Managers and the Legal Environment: Strategies for
the 21st Century”
(8th ed.) by Constance E. Bagley, ISBN-13: 978-1285860374
ISBN-10: 1285860373
Option: E-book: The Legal Environment of Business, Global
Edition, Kubasek,
Brennan, Browne, 7th Edition (2014)
Course reading is composed of articles, laws as well as book
chapters. Additional
information will be distributed either electronically or
delivered in printed forms.
Planned learning activities and teaching methods
Classroom lecturing, case study discussions and brainstorming,
feedback and presentation sessions, discussion sessions
Language of instruction English
Work placement(s) -
Course contents:
1
Introduction to the Course; Legal Systems & Critical
Thinking; Ethics and
Governance
Identify the ethical problems confronting business
Analyze business problems from a legal perspective and recognize
the potential legal risks, ethical problems, and responsibilities
that managers
face.
Recognize and defend your own process of moral reasoning in
business situations.
Understand the role “Corporate Social Responsibility” plays in
business.
Examine the ethics codes and corporate governance statements of
several corporate websites and compare/contrast this content with
what was
discussed in class
Chapter 1
(Textbook)
2
Constitutional Law Administrative Law
Understand basic constitutional doctrines related to the
structure of government in the US, e.g., Supremacy clause and
pre-emption,
federalism, separation of powers, etc.
Explain the constitutional foundations for the regulation of
business in US, European and Azerbaijan constitutions.
Identify the constitutional safeguards available to individuals
and business entities.
Explain main functions of Administrative Agencies
Chapter 2 Chapter 6
(Textbook)
3
Courts and Litigation
Alternative Dispute Resolution
Analyze law cases using the following format: facts, issue,
legal rule, holding, and court’s rationale.
Chapter 3 Chapter 4
(Textbook)
-
Understand the organization of the court systems, and the
jurisdiction of each.
Identify the stages of civil litigation.
Evaluate alternative ways to settle disputes, i.e., compare and
contrast methods of alternative dispute resolution, as well as the
benefits of each
method.
Case discussion
Corporate Governance Issues:
Forms of Business Organizations
Compare and contrast the formation, duration, management and
control, liability, and taxation of sole proprietorships, general
partnerships, limited
partnerships, corporations, close corporations, and limited
liability companies.
Directors, Officers and Shareholders
Executive Compensation Issues
Understand the directors’ fiduciary duties to shareholders and
the limits of the “business judgment rule.”
Identify governance strategies that can reduce the risk of
officer and director liability.
Explain the role of directors, accountants and auditors,
investment banks, shareholders, ethics in preventing or reducing
corporate misconduct and
fraud.
Examine types of executive compensation and incentives; consider
the advantages and disadvantages to various stakeholders of
linking
compensation to the company’s performance
Case discussion
Chapter 19
4 Chapter 20 Chapter 21 (pp 783-798)
(Textbook)
Securities Fraud & Insider Trading
Individual v. Corporate Liability
List and explain the elements of a securities fraud
Distinguish between traditional insider trading and the
“misappropriation” theory.
Criminal Law: Federal Sentencing Guidelines
Discuss the legal and ethical implications of the Federal
Sentencing Guidelines as they apply to corporations and
executives.
Quiz 1
Chapter 23
5 Chapter 14 (pp 514-523; 546-549)
(Textbook)
6
Intellectual Property
Explain the nature of patents, copyrights, trademarks and trade
secrets as intellectual property and how the law attempts to
protect an owner’s
investment in these forms of property.
Evaluate the tension between innovation and protection reflected
in intellectual property laws and whether they encourage or inhibit
the development of new goods, services, and ideas.
Case discussion
Chapter 11
(Textbook)
7
International Law and Transactions
Explain the nature and sources of international law and describe
how
international law and international dispute resolution differs
from domestic law.
Chapter 25
(Textbook)
-
Explain the basic U.S. laws affecting imports and exports and
how these are affected by NAFTA and the WTO and GATT
principles.
8 MIDTERM EXAM
9
Contracts
Apply the rules concerning contract formation (offer,
acceptance, counteroffer, revocation and termination of the offer),
proper format (Statute of Frauds), and proper purpose to determine
if an enforceable
contract has been created.
Identify the defenses available which negate the existence of a
contract, as well as the circumstances that excuse the performance
of a contract
Case discussion on types of contracts
Chapter 7
(Textbook)
10
Sales & E-Commerce
List and explain the primary differences between the common law
and the UCC.
Determine the point at which risk of loss (and in some cases,
title) passes from buyer to seller in a sales contract
(INCOTERMS).
Discuss the duties of the buyer and seller in a sales contract,
and the remedies available to each in the event of breach.
Case discussion
Chapter 8
(Textbook)
11
Torts
Distinguish between intentional torts that protect individuals
from physical and mental harm, that protect interests in property,
and that protect certain
economic interests and business relationships.
List and explain the elements of negligence and be able to apply
to business problems to determine if the defendant’s conduct falls
short of the reasonable care.
Contrast the damages, and their underlying purposes, available
in tort with those available for breach of contract.
Product Liability
Distinguish the advantages and disadvantages (from both a
plaintiff’s and a defendant company’s perspectives) of asserting a
claim under each
theory of product liability: negligence, breach of warranty, and
strict
liability.
Explain the policy objectives served by strict liability, and
why manufacturers may be exonerated from liability for “unavoidably
unsafe
products.”
Identify and describe defects recognized by the Restatement
(Third) of Torts: Product Liability: manufacturing defects, design
defects (e.g., poor engineering or poor choice of materials), and
marketing defects (e.g.,
failure to warn users of hidden defects, failure to provide
adequate
instructions, inadequate packaging). Case discussion
Chapter 9
Chapter 10
(Textbook)
12 Agency
Distinguish a principal-agent relationship from
employer-employee and employer-independent contractor
relationships.
Describe the agent’s duties to the principal and the principal’s
duties to the agent.
Chapter 5
(Textbook)
-
Determine the liability of the principal and agent for contracts
with third parties entered into by an agent for a principal.
Identify when a principal can be vicariously liable for the
negligent and intentional torts of an agent under the doctrine of
respondent superior.
Case discussion
13
The Employment Agreement; Statutory Protection of Workers
Explain the legal and ethical issues raised by the employment
agreements.
Explain how state workers’ compensation programs work and
describe the benefits to both employers and employees.
Quiz 2
Chapter 12 Chapter 21
(pp 790-798) (Textbook)
14
Employment Discrimination
Describe the legislative protections
Identify and apply employer defenses available under the other
employment discrimination laws to hypothetical charges of
discrimination in the workplace
Chapter 13
(Textbook)
15
White Collar Crime
Distinguish the criminal process from civil litigation.
Discuss the legal and ethical implications of the legislation as
they apply to corporations and executives.
Antitrust Law
Differentiate between the provisions of Sections 1 and 2 of the
Sherman Act, the Clayton Act, and the Robinson-Patman Act.
Discuss the legal, ethical and economic impact of price fixing.
Environmental Law
Explain the primary functions of the environmental impact
statement and its effect on business.
Analyze the enforcement procedures of the EPA.
Analyze Azerbaijan environmental legislation Presentations
Chapter 14 Chapter 15 Chapter 16
(Textbook)
FINAL EXAM
Activities Number Duration
(hour)
Total Workload
(hour)
Course duration in class (including Exam weeks) 16 3 48
Assignment/Case studies 8 1 8
Project/Presentation/Report 1 10 10
Quizzes 2 2 4
Midterm Examination 1 15 15
Final Examination 1 25 25
Self-Study 14 5 70
Total Workload 180
Total Workload/30(h) 6
ECTS Credit of the Course 6
-
AZERBAIJAN STATE OIL AND INDUSTRY UNIVERSITY
BA PROGRAMS/MBA
SYLLABUS Course unit title DECISION MAKING
Course unit code MBA 8040
Type of course unit Compulsory
Level of course unit Second cycle Master
Year of study 1st year
Semester/trimester when the course unit is delivered
2nd Semester
Number of ECTS credits allocated
6
Name of lecturers Coordinator: Prof. Dr. Rafik Aliev Oleg
Huseynov PhD
Class information Location: Room: 1 Time: Wednesday Contact:
[email protected] [email protected]
Learning outcomes of the
course unit
Course description: This course consists of four parts. In the
first part we consider multiattribute
decision making under certainty. The main topics includes
determination of alternatives and attributes (criteria), assessment
of attributes importance,
approaches for decision making under conflicting attributes. The
basics of
optimization methods including linear programming and their
application such as production planning problems are also studied.
The second part deals with decision
making under uncertainty. The main considered topics include
decision matrices,
utility function, decision trees, Bayes’ theorem and others. The
third part dealswith such approaches as Expected Utility Theory and
Prospect Theory are studied to
model risk attitudes and other issues of a decision maker’s
behavior. The fourth
part is devoted to more adequate modeling of decision relevant
information in real-
world problems. Such concepts as fuzzy information, imprecise
probability and partially reliable information are considered.
Course Objective:
1. To introduce students to importance and main concepts of
decision analysis.
2. To study strategic advantages of using decision analysis in
business 3. To study the basics of decision making under
certainty.
mailto:[email protected]:[email protected]
-
4. To study the basics of decision making under uncertainty and
risk. 5. To study the basics of modeling imperfect information. 6.
To study how to use software for decision making and conduct
analysis oft
he results
Learning Objectives:
1. Analyze a business decision situation to formulate a problem
of decision making defining alternatives, states of nature, payoffs
and utilities
2. Choose the appropriate utility model for solving the
formulated problem. Justify the use of the chosen utility model
3. Solve the formulated problem and interpret the results 4.
Conduct sensitivity analysis 5. Compute the value of perfect
information 6. Construct and solve a decision tree by determining
decision points and
chance points, assigning probabilities of states of nature or
events, assigning payoffs and calculating expected values at chance
nodes
7. Revise prior probabilities using Bayes’ theorem, introduce
the revised probabilities into a decision tree
8. Calculate expected value of survey information and efficiency
of imperfect information
9. Formulate the problem of multiobjective linear optimization:
define criteria, decision variables, constraints.
10. Justify the choice of criteria and relative importance of
each criteria 11. Solve the problem and interpret the results 12.
Conduct sensitivity analysis
Learning Outcomes:
After successfully completing the course, students should be
able to:
Understand what types of problems can be addressed by decision
analysis and what types – not
Determine alternatives, objectives, attributes, the type of
decision relevant information, outcomes, trade-offs in real-world
problems
Apply the studied concepts such as expected utility, risk
attitudes, value of information, tradeoffs between conflicting
attributes to compare alternative decision strategies.
Represent a decision problem schematically and formulate
mathematically
Determine the optimal decisions mathematically
Conduct sensitivity analysis to identify influence of parameters
on results of decision analysis
Interpret results of decision analysis and explain them to
managers and non- specialists.
Mode of delivery Face-to-face
Prerequisites and co- requisites
MBA 7025
-
Recommended
optional programmer components
-
Recommended
or required
reading
Required:
1) David R. Anderson et al. An Introduction to Management
Science: Quantitative Approaches to Decision Making, 2015, 14th
Edition, Cengage Learning
2) David R. Anderson et al. An Introduction to Management
Science: Quantitative
Approaches to Decision Making, 2015, 14th Edition, Cengage
Learning
Optional:
3) Peter McNamee and John Celona Decision Analysis for the
Professional (MC), 4th Edition, 2008
4) Aliev R.A., Huseynov O.H. Decision Theory with Imperfect
Information (AH). World Scientific, 2014, 444 p.
5) Aliev R.A. Fundamentals of the Fuzzy Logic-Based Generalized
Theory of Decisions. Springer, 2013, 319 p.
6) Multi-objective Group Decision Making: Methods, Software and
Applications With Fuzzy Set Techniques (Series in Electrical and
Computer Engineering)
Hardcover – May 10, 2007
by Jie Lu (Author), Guangquan Zhang (Author), Da Ruan
(Author)
Online resources:
1) Decision making with the analytic hierarchy process.
www.econ.nyu.edu/dept/courses/niemira/ahp.xls
2) Preference Toward Risk, Risk Premium, Indifference Curves,
and Reducing
Risk.https://ocw.mit.edu/courses/economics/14-01-principles-of-
microeconomics-fall-2007/lecture-notes/14_01_lec09.pdf,
Course reading is mainly composed of book chapters and articles.
Additional information
will be distributed either electronically or delivered in
printed forms.
Planned learning
activities and
teaching
methods
Lectures, class discussions (case study discussions and
brainstorming), reading material
from textbook, course papers, exams.
Language of
instruction
English
Work placement(s)
-
Course contents Unit 1: Decision Making under Certainty Unit 2:
Decision Making under Uncertainty
Unit 3: Modeling Attitudes Towards Risk Unit 4: Modeling
Imperfect Information
Detailed contents
1
Decision Making under Certainty
Introduction. The Structure of a Decision Problem
Book 1: Chapter 14 Book 6: Chapter 2
http://www.econ.nyu.edu/dept/courses/niemira/ahp.xlshttp://www.econ.nyu.edu/dept/courses/niemira/ahp.xlshttps://ocw.mit.edu/courses/economics/14-01-principles-of-microeconomics-fall-2007/lecture-notes/14_01_lec09.pdfhttps://ocw.mit.edu/courses/economics/14-01-principles-of-microeconomics-fall-2007/lecture-notes/14_01_lec09.pdfhttps://ocw.mit.edu/courses/economics/14-01-principles-of-microeconomics-fall-2007/lecture-notes/14_01_lec09.pdf
-
Analytic Hierarchy Process Solving multiattribute decision
problems in MS Excel
(Book 6: Chapter 2, p. 34, online resource 1, p. 87)
2
Decision Making under Certainty
Single objective optimization
Linear programming
Book 1: Chapter 2
Book 2: Chapter 4
Solving single objective linear
programming problems by using Solver add-in in MS Excel
(Book
1: chapter 4, Book
2: chapter 4, pp. 165, 177)
3
Decision Making under Certainty
Linear programming. Sensitivity Analysis and Interpretation of
Solution
Book 1: Chapter 3
Book 2: Chapter 4
Sensitivity analysis by using
Solver add-in in MS Excel
(Book 1: chapter 3, Book 2:
chapter 4, pp. 189-196)
4
Decision Making under Certainty
Pareto Optimality
Multiobjective optimization. Goal Programming
Book 1: Chapter 14
Book 6: Chapter 2
Solving goal linear programming problems by using Solver add-in
in
MS Excel (Book 1: Chapter 14,
Book 6: Chapter 2, p. 28-29)
5
Decision Making under Uncertainty Book 1: Chapter 13 Book 2:
Chapter 5
Statement of problem: Alternatives, states of nature,
outcomes
Utility concept
Criteria for decision making under uncertainty. Laplas
criterion, Maximin criterion, Maximax criterion
Solving problems by using criteria
for decision making under
uncertainty in MS Excel (Book 1: chapter 13, Book 2: chapter 5,
p. 224)
6
Decision Making under Uncertainty
Criteria for decision making under uncertainty. Hurwitz
criterion. Savage Minimax Regret Criterion
Book 1: Chapter 13 Book 2: Chapter 5
Solving problems by
using criteria for decision making
under uncertainty
-
in MS Excel (Book 1: chapter
13, Book 2: chapter 5, p. 230)
7
Decision Making under Risk
Value of additional information
Bayes’ Theorem
Book 1: Chapter 13 Book 2: Chapter 5
Value of additional information in MS Excel (p. 251)
Revising initial probabilities using Bayes theorem
in MS Excel (p. 255)
8 MIDTERM EXAM
9
Decision Making under Risk
Decision trees.
Value of imperfect information
Book 1: Chapter 13 Book 2: Chapter 5
Solving multistage decision
problems by using decision trees in MS Excel (Book 1: Chapter
13,
Book 2: Chapter 5, p.
255)
10
Decision Making under Risk
Modeling attitudes towards risk
Expected Utility Theory and Risk Attitudes
Book 1: Chapter 13
Solving decision problems
in MS Excel (Book 1: Chapter
13,
Book 4: Chapter 1, online resource 2, pp. 2-7)
11
Decision Making under Risk
Prospect Theory
Book 4: Chapter 1
Solving decision problems in
MS Excel (Book 4: Chapter 1, p.
15)
12
Modeling imperfect information
Imprecise information.
Ambiguous information.
Incomplete Information
Book 4: Chapter 4
13 Modeling imperfect information
Fuzzy information Book 4: Chapter 2
14
Modeling imperfect information
Imprecise probabilities.
Partially reliable information.
Book 4: Chapter 2,
Chapter 4
15 Modeling imperfect information
-
Decision making under imperfect information
FINAL EXAM
ECTS allocated based on Student Workload
Activities Number Duration
(hour) Total
Workload(hour) Course duration in class (including Exam weeks)
16 3 48
Labs and Tutorials - -
Assignment - -
Project/Presentation/Report 1 20 20
E-learning activities - -
Quizzes - -
Midterm Examination 1 24 24
Final Examination 1 24 24
Self Study 14 5 70
Total Workload 186
Total Workload/30(h) 6.2
ECTS Credit of the Course 6
-
AZERBAIJAN STATE OIL AND INDUSTRY UNIVERSITY
BA PROGRAMS/ MBA
SYLLABUS Course unit title ANALYTICS EXPERIENCE
Course unit code MBA 8045
Type of course unit Compulsory
Level of course unit Second Cycle Master
Year of study 1st year
Semester when the course unit is delivered
2nd Semester
Number of ECTS credits allocated
3
Name of lecturers Coordinator: Elmar Rahimov Tarlan Mammadov
Class information Location: Room: 4,6 Time: Monday, Friday
Contact: [email protected]
[email protected]
Learning outcomes of the
course unit
Course Description This course is an introduction to Analytics
Experience for students with limited
knowledge or no knowledge of this subject. It focuses on the
application of
fundamental methods and techniques. The students are also
expected to have an understanding of when and when not to use them.
Students must also appreciate the
contribution made by information technology to management
accounting.
Learning Outcomes After completing MBA 8045, students should be
able to:
Explain and use concepts and processes to determine analytic
experience
Explain financial and managerial accounting concepts
Apply CVP analysis and interpret the results
Apply a range of accounting systems
Explain the role of budgets and standard costing within
organizations
Prepare and interpret financial statements, budgets, standard
costs and variance statements
Mode of delivery Face-to-face
Prerequisites and co- requisites
Prerequisites: MBA 8000 and MBA 8025 Co-requisites: MBA 8040
Recommended optional programme components
Using Excel for Analytics Experience Using PowerPoint for
Analytics Experience
Recommended or required
reading
Course Book ACCA F3 Paper F3 - Financial Accounting
Reading Books 1. Financial Accounting, Edition 15, Jan 2014
Matthew, Fellon, Ranclain ISBN-10: 007802563X
mailto:[email protected]:[email protected]
-
ISBN-13: 978007802563;
2. Management and Cost Accounting, 6th Edition, Mar 2015, Alnoor
Bhimani, Charles T. Horngren, Srikant Datar, Madhav Rajan ISBN13:
9781292063461
ISBN10: 1292063467
3. Financial Analysis, 7th Edition, Dec 2015 Carl Caumartin,
Haim Maimoon
ISBN13: 9781292072432 ISBN10: 1292072431
Planned learning activities and teaching methods
Classroom lecturing, class discussions and brainstorming, class
exercises and assignments
Language of instruction English
Work placement(s) N/A
Course contents:
1 1. Overview of Business Analytics
Turban et al. Chapter 1
Davenport “Competing on Business Analytics”
Toyota Motor Sales USA case
PRACTICE: BNSF Used BI to Improve Service, Agility, Efficiency,
and
Profitability case using Excel
Chapter 1
2 2. Data Warehousing
Turban et al. Chapter 2 (Pages 36-47, 52-56, and 68-74)
Avery and Watson “Training Data Warehousing End Users”
Ariyachandra and Watson “Benchmarks for BI and Data Warehousing
Success”
Continental Airlines case
Data Warehouse Failures case
Real Time Data Warehousing at Overstock.com case
PRACTICE: Project Management Experience (PME) walk-through
(Mosimann) using Excel
Chapter 2
3 Business Analytics and Data Visualization
Turban et al. Chapter 3 (Pages 83-102; 106-115; 119-125)
Mosimann et al. pages 5 – 28
Lexmark International case
Temtec Executive Viewer demo
Tableau Software – Visual Analytics is For Everyone demo
Chapter 3
-
PRACTICE: PME Income Statement Exercise (Mosimann) using
Excel
4 Performance Management
Turban et al. Chapter 5
Mosimann pages 29-51, 113-140
Kaplan and Norton “The Balanced Scorecard: Measures That
Drive
Performance”
Cisco case
Integration of Business Analytics and Business Processes
(Diehl)
PME assignment 1: Market Opportunity, Product and Price
(Mosimann)
PME assignment 2: Sales Allocation (Mosimann)
PRACTICE: PME final project: presentation to the Board of
Directors
using Excel
Chapter 4
5 Interpretation of financial statements
Kaplan Chapter 5 (Pages 34-56, and 61-77)
Avery and Watson “Financial Statements End Users”
Chevron case
Real Time Data FS at Overstock.com case
PRACTICE: Project Management Experience (PME) walk-through
(Mosimann) using Excel
Chapter 5
6 Breakeven analysis and limiting factor analysis
Kaplan Chapter 6
Optimizing complex decisions / salesforce analytics
The optimization of a large number of decisions while accounting
for different
of kinds of physical and business constraints.
PRACTICE: Case: Pharma detailing using Excel
Chapter 6
7 Preparing SWOT analysis
Kaplan Chapter 7
Optimizing with multiple objectives / portfolio analytics
Efficient frontier and the pitfalls
Chapter 7
-
Use of optimization in portfolio management and the value, the
more basic
trading strategies.
PRACTICE: Pre-class reading and assignment: Portfolio
optimization
using Excel
8 MIDTERM EXAM
9 Vertical and horizontal analysis
Kaplan Chapter 8
Possibilities offered by big data and the possibilities for mass
customization of
services.
Introduction of recommendation systems that companies such as
Pandora,
Netflix and Amazon are using to predict user tastes based on the
information they collect.
Nearest neighbors methods as an alternative to regression or
logistic regression.
PRACTICE: Case: Pandora sensitivity analysis using Excel
Chapter 8
10 Ratio analysis Kaplan, Chapter 9 Nomis, exploring the early
stages of the analytics life cycle of a company
aiming to capture value through pricing analytics.
Common tool to leverage the data for prediction purposes:
logistic regression
PRACTICE: Case: Nomis Solutions case study using Excel
Chapter 9
11 Sensitivity analysis Kaplan, Chapter 10
Assess the quality of predictions and quantify the errors one
may make when predicting 0/1 outcomes. In particular, introduction
of the notion of ROC curves
and detail how to account for such errors when making economic
trade-offs.
To illustrate these concepts, we focus on the task of predicting
re-admissions of patients in hospitals, and the implications for
preventive treatment measures.
PRACTICE: Case: Tahoe Healthcare assignment using Excel
Chapter 10
12 Financial shenanigans Kaplan, Chapter 11 Business Analytics
Lifecycle Introduction to Data Mining
Data Mining Process PRACTICE: Continental Case discussion
Chapter 11
-
13 Cash flow analysis and cash flow shenanigans
Kaplan, Chapter 12
Investing Activities, Operating Activities, Financing Activities
PRACTICE: Enron case study using Excel
Mini-quiz
Revision
Chapter 12
FINAL EXAM
ECTS allocated based on Student Workload
Activities
Number Duration
(hour) Total
Workload(hour)
Course duration in class (including Exam weeks) 16 1.5 24
Labs and Tutorials 4 1 4
Assignment 2 1 2
Project/Presentation/Report - - -
E-learning activities - - -
Quizzes 2 1 2
Midterm Examination 1 10 10
Final Examination 1 10 10
Self Study 13 3 39
Total Workload 91
Total Workload/30(h) 3.03
ECTS Credit of the Course 3
-
AZERBAIJAN STATE OIL AND INDUSTRY UNIVERSITY
BA PROGRAMS/ MBA
SYLLABUS Course unit title MANAGERIAL ACCOUNTING AND CONTROL
SYSTEMS Course unit code MBA 8115
Type of course unit Compulsory
Level of course unit Second Cycle Master
Year of study 1st year
Semester when the course unit is delivered
2nd Semester
Number of ECTS credits allocated
3
Name of lecturers Coordinator: Elmar Rahimov Tarlan Mammadov
Class information Location: Room: 4,6 Time: Monday, Friday
Contact:
tarlan.e.mammad [email protected]
Elmar.rahimov@y
ahoo.com
Learning outcomes of
the course unit
Course Description This course is an introduction to Managerial
Accounting and Control Systems
for students with limited knowledge or no knowledge of this
subject. It
focuses on the application of fundamental methods and
techniques. The
students are also expected to have an understanding of when and
when not to use them. Students must also appreciate the
contribution made by information
technology to management accounting.
Learning Outcomes After completing MBA 8115, students should be
able to:
Explain and use concepts and processes to determine product and
service costs
Explain direct, marginal and absorption costs and their use in
pricing
Apply CVP analysis and interpret the results
Apply a range of costing and accounting systems
Explain the role of budgets and standard costing within
organizations Prepare and interpret budgets, standard costs and
variance statements
Mode of delivery Face-to-face
Prerequisites and co- requisites
Prerequisites: MBA 8000 and MBA 8025 Co-requisites: MBA 8015,
MBA 8030, MBA 8040, MBA 8045
Recommended optional programme components
Using Excel for Managerial Accounting & Control Systems
Using Powerpoint for Managerial Accounting Project
Recommended or
required reading
Course Book
1. CIMA Certificate Paper C1 - Fundamentals Of Management
Accounting
mailto:[email protected]:[email protected]:[email protected]:[email protected]
-
2. Management and Cost Accounting, 6th Edition, Mar 2015, Alnoor
Bhimani, Charles T. Horngren, Srikant Datar, Madhav Rajan
ISBN13:
9781292063461
ISBN10: 1292063467 3. Management Accounting for Decision Makers,
8th Edition, Feb 2015 Peter Atrill, Eddie McLaney ISBN13:
9781292072432 ISBN10: 1292072431
Planned learning activities and teaching methods
Classroom lecturing, class discussions and brainstorming, class
exercises and assignments
Language of instruction
English
Work placement(s) N/A
Course contents:
Introduction to management accounting and costing What is cost
accounting?
Some cost accounting
concepts The concept of
cost
Cost classification
Cost classification for inventory valuation and profit
measurement Cost classification for decision making
Cost classification for control
- PRACTICE: Practical mini-quiz to revise the past lesson and
apply theories in practice.
Chapter 1 (Course Book)
Cost Behavior Cost
Behavior
Levels of
activity Cost
behavior
patterns
Determining fixed and variable elements of semi-variable
costs
- Practical mini-quiz to revise the past lesson and apply
theories in practice. - Multiple choice questions.
Chapter 2 (Course Book)
Overhead costs – absorption costing
Overhead allocation
Overhead apportionment
Overhead absorption
Activity based costing
PRACTICE: Practical mini-quiz to revise the
past lesson and apply theories in practice.
- Multiple choice questions. - Assignment on cost control and
inventory system.
Chapter 3 (Course Book)
Marginal costing and pricing decisions
Marginal cost Chapter 4
(Course Book)
-
Marginal costing
Pricing decisions
PRACTICE: Practical mini-quiz to revise the past
lesson and apply theories in practice. - Multiple choice
questions.
Inventory Valuation
Inventory valuation
FIFO (first in, first out)
LIFO (last in, first out)
AVCO (cumulative weighted average pricing)
Inventory valuation and profitability
PRACTICE: Practical mini-quiz to revise the past
lesson and apply theories in practice. - Multiple choice
questions.
Chapter 5 (Course Book)
Breakeven analysis and limiting factor analysis
Breakeven analysis and contribution
Breakeven point
he contribution/sales (C/S) ratio
The margin of safety
Breakeven arithmetic and profit targets
Breakeven charts and profit/volume graphs
Limiting factor analysis
PRACTICE: Practical mini-quiz to revise the past lesson and
apply theories in practice.
- Multiple choice questions. - Assignment on CVP analysis.
Chapter 6 (Course Book)
Standard costing
Standard costing
Preparation of standards
Other aspects of standard costing
The standard hour
Standard labour costs and incentive schemes
PRACTICE: Practical mini-quiz to revise the past
lesson and apply theories in practice. - Multiple choice
questions.
Chapter 7 (Course Book)
MIDTERM EXAM
Variance analysis
Direct material, Direct material and Variable Overhead
Variances
The reasons for cost variances
Sales variances
Operating statements
Deriving actual data from standard cost details and
variances
Chapter 8 (Course Book)
-
Inter-relationships between variances
PRACTICE: Practical mini-quiz to revise the past
lesson and apply theories in practice. - Multiple choice
questions.
Budget preparation
A framework for budgeting
Steps in the preparation of a budget
Functional Budgets
Cash budgets
Mater budgets
Capital expenditure budgets
Approaches to budgeting PRACTICE: Practical mini-quiz to revise
the past
lesson and apply theories in practice.
- Multiple choice questions. - Assignment on budgeting
system.
Chapter 9
(Course Book)
Flexible budgeting
Flexible budgets and control
Flexible budgets and control
Budgets and management reward PRACTICE: Practical mini-quiz to
revise the past
lesson and apply theories in practice. - Multiple choice
questions.
Chapter 10 (Course Book)
Cost bookkeeping
Accounting for costs
Integrated systems
Standard cost bookkeeping PRACTICE: Practical mini-quiz to
revise the past
lesson and apply theories in practice. - Multiple choice
questions.
Chapter 11
(Course Book)
Process costing
The distinguishing features of process costing
The basics of process costing
Dealing with losses in process
Accounting for scrap
Valuing closing work in progress
Valuing opening work in progress
Joint products and by-products PRACTICE: Practical mini-quiz to
revise the past
lesson and apply theories in practice.
- Multiple choice questions.
Chapter 12
(Course Book)
-
Job, batch and contract costing
Job costing for internal services
Job costing for internal services
Batch costing
Contracts and contract costing
Contracts costs
Progress payments and retentions
Profits on contracts and losses on incomplete contracts
Disclosure of long-term contracts in financial accounts
PRACTICE: Practical mini-quiz to revise the past lesson and apply
theories in practice.
- Multiple choice questions. - Revision of the whole course
Chapter 13 (Course Book)
Service costing
Service costing
Management reports
Revision of previous chapters PRACTICE: Practical mini-quiz to
revise the past
lesson and apply theories in practice.
- Multiple choice questions. - Revision of the whole course
Chapter 14 (Course Book)
FINAL EXAM
ECTS allocated based on Student Workload
Activities Number Duration
) Total
Workload
(hour)
Course duration in class (including Exam weeks) 16 1.5 24
Labs and Tutorials 4 1 4
Assignment 2 1 2
Project/Presentation/Report - - -
E-learning activities - - -
Quizzes 2 1 2
Midterm Examination 1 10 10
Final Examination 1 10 10
Self Study 13 3 39
Total Workload 91
Total Workload/30(h) 3.03 ECTS Credit of the Course 3
-
AZERBAIJAN STATE OIL AND INDUSTRY UNIVERSITY
BA PROGRAMS/ MBA
SYLLABUS Course unit title DIGITAL INNOVATION
Course unit code MBA 8125
Type of course unit Compulsory
Level of course unit second cycle Master
Year of study 1st year
Semester when the course unit is delivered
2nd Semester
Number of ECTS credits allocated
6
Name of lecturer Assoc. Prof. Vagif Salimov
Class information Location: Room: 5
Time: Friday Contact: [email protected]
Learning outcomes of the
course unit
Course Description Main outcomes of the courses are:
* To be able to understand the concept of Innovation,
Information Technology & Information Systems what it is and how
can they make businesses more competitive and
efficient;
* Based on their specializations, get to know/understand
different software tools to be used and technology (includes
getting different video lectures);
* Fully explore the electronic business uses of the Internet for
the management of the firm as well as the Internet’s growing role
in the electronic commerce.
Learning Outcomes of the Course:
After completing MBA 8125, students should be able:
Understand what is Digital Innovation, Information Systems and
Technologies
Define Information Management, IT Architecture in
organizations
Understand and manage Databases and Information Systems, Data
Warehouse, and Data Mining
Understand Networks, Collaboration and Sustainability Understand
Cyber security, Compliance, and Business Continuity
mailto:[email protected]
-
Get to know and management E-Business & E-Commerce Models
and Strategies
Get to know the Mobile Technologies and Commerce
Understand Web 2.0 and Social Media
Understand Functional Area and Compliance Systems
Manage Enterprise Systems and Applications
Build the IT Strategy, Sourcing, and Vendor Relationships
Understand Hardware & Software
Implementing Cloud Information Systems
Mode of delivery Face-to-face
Prerequisites and co-
requisites
MBA 8000, MBA 8025 MBA 8015, MBA 8030
Recommended optional programme components
Ms Excel ,Ms Access
Recommended or required reading
Core Textbooks: 1. “Information Technology for Management:
Advancing Sustainable, Profitable Business Growth”, 9th edition by
Efraim Turban, Linda Volonino and Gregory R.
Wood Pub. Date: January 14, 2013; 2. Information Technology for
Management: Transforming Organizations in the
Digital Economy, 5th,7th Edition by Turban, Leidner, McLean,
Wetherb 3. “Managing Innovation: Integrating Technological, Market
and Organizational
Change, 5th Edition” by by Joe Tidd, John
Bessant; 4. Management Information Systems. K.C.Laudon,
J.P.Laudon. 6,7,8,9,10
Editions
Course reading is composed of articles, laws as well as book
chapters. Additional
information will be distributed either electronically or
delivered in printed forms.
Planned learning activities and teaching methods
Interactive lectures, class discussions + slides + lab + video
lectures
Language of instruction English
Course contents:
1 INTRODUCTION TO DIGITAL INNOVATION, INFORMATION
SYSTEMS AND TECHNOLOGIES IN ORGANIZATIONS AND THE
FUTURE OF INFORMATION TECHNOLOGY
Digital innovations review;
Application on the business;
Chapter 1
(Textbook 2, 4)
2 INFORMATION MANAGEMENT, IT ARCHITECTURE
Major management systems ant its functions
Decision making
Assignment 1&2 discussion
Chapter 2 (Textbook 2,4)
-
Lab Ms Excel
3 UNDERSTANDING HARDWARE & SOFTWARE
Architecture of computers
Software classification
New achievements in hardware & software
Appendix 1, 2 (Textbook 2) Chapter 5 textbook 4
4 DATABASES AND INFORMATION SYSTEMS, DATA WAREHOUSE, Chapter
10,7 AND DATA MINING (Textbook 2,4)
Introduction to Database
Introduction to Data Warehouse
Introduction to Data mining
Business data analysis in Ms Excel and Ms Access
MS Data mining Add-ins
Lab Ms access
5 NETWORKS TECHNOLOGIES, COLLABORATION AND
SUSTAINABILITY
Principles, Technologies
Applications for Business
Chapter 4,8 ( Textbook 2,4)
6 INFORMATION SYSTEMS SECURITY
Threads , security problems
Security management
Chapter 15 (Textbook 2)
7 E-B USINESS & E-COMMERCE MODELS AND STRATEGIES
Basic models of E-business
Basic models of E-commerce
Chapter 4,4
(Textbook 2,4)
8 ENTERPRISE SYSTEMS Chapter 7
ERP
(Textbook 2)
CRM
SCM
9 MIDTERM EXAM
-
10 THE INTERNET INFORMATION TECHNOLOGY INFRASTRUCTURE
History
Basic terms
Infrastructure, hardware, software
Chapter 8
(Textbook 2)
11 BUILDING INFORMATIONS SYTEMS
Information system development life cycle
Spectrum of organizational changes
Chapter 10 (Textbook 4)
12 Understanding the business value of systems and managing
change
Models for determining business value of information systems
Requirements for successful systems
Chapter 11 (Textbook 4)
13 Enhancing Management Decision Making
Classification of DSS
DDSS
MDSS
GDSS
Chapter 13
(Textbook 4)
14 MANAGING KNOWLEDGE
General concept
Basic models
Chapter 9,12
Textbook 2,4
15 IMPLEMENTING CLOUD INFORMATION SYSTEMS
Introduction to cloud technologies
Google docs, applications
Internet resources
FINAL EXAM
-
Course Workload
Activitie s
Number Duration
(hour) Total
Workload(hour)
Course duration in class (including Exam weeks) 16 3 48
Labs and Tutorials 2 2 4
Assignment 2 10 20
Project/Presentation/Report - - -
E-learning activities - - -
Quizzes - - -
Midterm Examination 1 15 15
Final Examination 1 15 15
Self Study 15 5 75
Total Workload 177
Total Workload/30(h) 5.9
ECTS Credit of the Course 6
-
AZERBAIJAN STATE OIL AND INDUSTRY UNIVERSITY BA
PROGRAMS/ MBA
SYLLABUS Course unit title LEADERSHIP AND ORGANIZATIONAL
BEHAVIOR
Course unit code MBA 8165
Type of course unit Compulsory
Level of course unit Second cycle Master
Year of study 1st year
Semester when the course unit is delivered
2nd semester
Number of ECTS credits allocated
6
Name of lecturers Coordinator: Farida Huseynova
Elchin Rashidov Turan Suleymanov
Class information Location: Room 3
Time: Wednesday 18.30- 21.00 Office hours: at any time according
to student’s appointment
Contact: [email protected]; [email protected];
[email protected]
Learning outcomes of the
course unit
Course Description
Leadership and Organizational behavior is a field of study that
investigates the impact of effective management of an organization
and a clear understanding of human
behavior and social processes.
As this course introduces psychological and behavioral
principles, it focuses on the understanding and managing people in
organizational process and at the same time it
provides an opportunity for leaders to change and improve the
existing system and
improve the performance of the organization. Therefore, managers
need to have a good understanding of behaviors due to
individual differences, group diversity, culture influences,
organization structure, and
organization values in relation to their job.
After learning of this course the students will be able to
introduce the basic concepts ,
theoretical perspectives, and practices for understanding of
actions and behaviors and
improve performances and organization’s productivity in the
organizations.
Learning outcomes of the course:
Students who successfully complete this course will be able to:
1. Identify leadership behaviors and determine when and where they
are most appropriate.
2. Understand the role of personality in shaping attitudes and
behavior coordinate team decision making and problem solving
3. Bargain collaboratively with individuals and design
motivational analyze organizational problems and opportunities,
apply relevant theory to the situation, and propose appropriate
interventions
mailto:[email protected]:[email protected]:[email protected]
-
5. Define and explain horizontal and vertical relations in
organizational settings 6. Define and explain the implications of
organizational culture and HR practices on individual behavior.
Mode of delivery Face-to-face
Prerequisites
Co-requisites
MBA 8000 and MBA 8025
MBA 8015 and MBA 8030
Recommended optional programme components
NA
Recommended or required
reading
Required Text: : Organizational Behavior, Stephen P. Robbins,
Timothy A.Judge.
Leadership, Theory, application, skill development. Lussier and
Achua.
Additional materials for class discussions and lectures rel