Course Offerings

This course engages students with advanced themes and methods in management consultancy, both in theory and in practice. We will take a critical approach to understand how theory influences practice and how our perceptions of management consultancy evolve over time and circumstance. Students will examine management consultancy in terms of specific cultural, international and organizational elements given specific consulting frameworks.

Behavorial finance investigation is based on concepts of cognitive psychology decision theory. In addition, behavioral finance studies how real-life investors interpret and act on available information. Financial theories are dominated by efficient market theory assuming rational agents. he key assumption of financial models under this theory is the rational behavior of investors and other economic agents. Empirical observation demonstrates this assumption regularly is violated.Markets often are inefficient. Information disclosure is expensive, and accordingly is distributed asymmetrically. Heuristics may change the investors’ behavior and bias their decisions. Among biases are that each investment decision depends on our previous investment decisions: we are anchored by memory and experience and Bayesian approaches to the data are not of sufficient explanatory power to compensate for the remaining unknowns.

This is a “big .picture” comprehensive course covering sustainability management topics. It cuts across the whole spectrum of business and management with a focus on sustainability (economic, social, ethical and ecological returns). Climate Change, the greatest unmet challenge facing contemporary managers and organizations, is a particular focus. We will look at sustainability issues presenting “wicked” and untamed (complex) contexts for managers and evaluate how current theories and practices perform and fail to perform in these contexts. May be taken twice for credit.