The aim of the course is to help the participants understand and analyze financial statements of a company. A model company as well as the participants' own companies will be used in the exercises. Participants will work with basic cost accounting issues like capital investments appraisals, variable and fixed costs, standard costing systems and budgetary planning systems. They will also work with financial issues such as fixed assets, inventories and accounts receivables. Further, participants will have the opportunity to work with financial analyses and ratios.
To be a successful business executive, professional negotiation skills are mandatory. This intensive two-day program, which is complementary to the negotiation elements in the E*MBA program, aims at developing the participants' insights into the psychological and behavioral aspects of negotiations.