2010-2011 Business and Environment Club Course Guidebook Nicholas School Business and Environment Club Course Guidebook TABLE OF CONTENTS Procedures for Registration Sanford School of Public Policy ........................................................... 2 Fuqua School of Business ..................................................................... 2 Pratt School of Engineering .................................................................. 2 Duke Law School.................................................................................. 2 UNC-Chapel Hill Kenan-Flagler Business School .............................. 2 NC State University .............................................................................. 3 Classes Nicholas School of the Environment .................................................... 4 Sanford School of Public Policy ......................................................... 11 Fuqua School of Business ................................................................... 13 Pratt School of Engineering ................................................................ 19 Duke Law School................................................................................ 23 UNC Kenan-Flagler Business School ................................................ 24 NC State University ............................................................................ 28 1 Course Guidebook 2010-2011 Nicholas School Business and Environment Club Course Guidebook PROCEDURES FOR REGISTRATION Sanford School of Public Policy No form required Students may register for courses through ACES Courses restricted to only Master of Public Policy students will be indicated in ACES No instructor consent required unless indicated in ACES Fuqua School of Business Course registration form required o DUKE GRAD/PROF STUDENT COURSE REGISTRATION PERMISSION FORM Instructor consent required before form is submitted Assistant Dean for Academic and Enrollment Services signature required Completed form may be submitted to Office of Academic and Enrollment Services, Suite A116 LSRC OR Student Services Office, East Wing S09 OR faxed to 919-6607982 The Registrar’s Office at The Fuqua School of Business will manually register students for courses during the appropriate registration window; date varies by quarter and available seats Pratt School of Engineering Course registration form required o NON-MEMP GRADUATE STUDENT COURSE REGISTRATION PERMISSION FORM Instructor consent required before form is submitted Assistant Dean for Academic and Enrollment Services signature required Completed form must be submitted by student to 3120 Fitzpatrick Building (CIEMAS) Note: the acronym ‘MEM’ on the form refers to Master of Engineering Management, and not Master of Environmental Management students Duke Law School Course registration form required o PERMISSION TO ENROLL IN DUKE LAW COURSE FORM Instructor consent required before form is submitted; Instructor signature required if auditing Completed form must be submitted by student to the Law School Registrar’s Office, Room 2027 UNC-Chapel Hill Kenan-Flagler Business School Course registration form required o INTER-INSTITUTIONAL APPROVAL FORM Instructor consent required before form is submitted Assistant Dean for Academic and Enrollment Services signature required Departmental/Adviser’s approval is not required 2 Course Guidebook 2010-2011 Nicholas School Business and Environment Club Course Guidebook PROCEDURES FOR REGISTRATION Completed form may be submitted to Office of Academic and Enrollment Services, Suite A116 LSRC OR Duke Registrar’s Office, 114 S. Buchanan Blvd., Smith Warehouse, Bay 9, Room A289 North Carolina State University (NC State) Course registration form required o INTER-INSTITUTIONAL APPROVAL FORM Instructor consent required for some courses and must be obtained before form is submitted Assistant Dean for Academic and Enrollment Services signature required Departmental/Adviser’s approval is not required Completed form may be submitted to Office of Academic and Enrollment Services, Suite A116 LSRC OR Duke Registrar’s Office, 114 S. Buchanan Blvd., Smith Warehouse, Bay 9, Room A289 Notes Assistant Dean for Academic and Enrollment Services o Cynthia A. Peters, Suite A116, LSRC Auditing may be permitted with instructor’s consent In most cases, an email from the instructor granting permission to enroll will be accepted in lieu of an original signature Classes take about 2-3 weeks from the start of the semester to show up on student schedules in ACES Inter-Institutional Registration Policy (UNC-Chapel Hill and NCSU) The student must be registered for equal or more units at Duke University than the visiting institution Online courses are not permitted The Duke Registrar’s Office will manually register students for Inter-Institutional courses in ACES Students granted permission will receive an approval email from visiting institution, which will include additional registration information specific to the student Forms All forms are available at the NSOE website o http://www.nicholas.duke.edu/people/students/admitted/orientationweek/enrollment-forms o www.nicholas.duke.edu academic programs professional masters for current students MEM/MF Advising enrollment forms Registration forms are also available outside of the Office of Academic and Enrollment Services office in the wall pockets For questions and/or concerns, visit Office of Academic and Enrollment Services, Suite A116 LSRC, call 919-613-7459, or email lovel013@duke.edu 3 Course Guidebook 2010-2011 Nicholas School Business and Environment Club Course Guidebook NICHOLAS SCHOOL OF THE ENVIRONMENT Applied Data Analysis for Environmental Sciences ENVIRON 210-001 Fall Graphical and exploratory data analysis; modeling, estimation, and hypothesis testing; analysis of variance; random effect models; nested models; regression and scatterplot smoothing; resampling and randomization methods. Concepts and tools involved in data analysis. Special emphasis on examples drawn from the biological and environmental sciences. Students to be involved in applied work through statistical computing using software, often S-plus, which will highlight the usefulness of exploratory methods of data analysis. Other software, such as SAS, may be introduced. Instructor: Song Qian Skills: STATA / R Statistical Software, Linear Regression Modeling, Statistical Data Analysis Green Futures: Exploring Environmental, Economic, and Social Sustainability ENVIRON 249-01 (Taught at Marine Lab) Fall The primary goal of this course is to teach students how to research, evaluate, and implement environmentally and socially sustainable practices within a variety of settings including businesses, academic institutions, and their own personal lives. Students will critically evaluate the term 'sustainability' and will learn how to assess real world examples that demonstrate the pros and cons of implementing different environmental projects and programs. The course is very interactive and students will have a chance to lead discussions, engage in ethical debates, and prepare professional proposals for implementing projects of their choice. Instructor: Noelle Boucquey and Amy Freitag Resource and Environmental Economics ENVIRON 270-001 Fall/Spring This course provides a survey of environmental and natural resource economics. The course covers conceptual and methodological topics and applies these skills to current issues in environmental and resource policy. The course is roughly divided in thirds. The first third of the course focuses on basic theory and methods of economic analysis of environmental problems. What is the efficient level of environmental protection? How does cost-benefit analysis help determine efficient policies? How is cost-benefit analysis implemented? The second third of the course focuses on the economics of the environment, particularly the economics of pollution control. We will evaluate several different methods for pollution control from an economic perspective. The final third of the course focuses on natural resource management. What is the optimal rate of extraction of oil? What is the optimal fishery or forest management policy? What policy instruments can be used to attain these optimal management levels? Instructor: Lori Bennear Skills: Cost Benefit Analysis, Valuation of Environmental Goods and Policies, Computer (Microsoft Excel) 4 Course Guidebook 2010-2011 Nicholas School Business and Environment Club Course Guidebook NICHOLAS SCHOOL OF THE ENVIRONMENT Evaluation of Public Expenditures ENVIRON 272-001 Fall Basic development of cost benefit analysis from alternative points of view, for example, equity debt, and economy as a whole. Techniques include: construction of cash flows, alternative investment rules, inflation adjustments, optimal timing and duration of projects, private and social pricing. Adjustments for economic distortions, foreign exchange adjustments, risk and income distribution examined in the context of present value rules. Examples and cases from both developed and developing countries. Instructor: Robert Conrad Skills: Cost Benefit Analysis, Construction of Cash Flows, Financial Analysis Social Science Surveys for Environmental Management ENVIRON 280 Fall/Spring This course presents social science research methods appropriate for collecting data useful in environmental management and policy analysis. Topics will include sampling, survey design, focus groups, pre-testing, survey implementation, and data coding, analysis and presentation. The course will emphasize the development and practice of skills for conducting environmental surveys with a socioeconomic focus. Instructor: Randall Kramer Skills: Data Collection, Communication, Writing, Statistical Data Analysis, Survey Skills, Teamwork and Collaboration, Public Speaking Environmental Conflict Resolution ENVIRON 296-01 Fall/Spring Practical techniques and scholarly underpinnings of environmental conflict resolution, including interest-based negotiation, mediation, public disputes, science-intensive disputes, and negotiation analysis. In-class time will be spent conducting negotiation role plays of increasing complexity and then debriefing them. Outside of class, students will prepare for the role plays and read background material to aid in debriefing. Students will keep a journal of their experiences. Instructor: Andrew Gorge Skills: Negotiation, Conflict Resolution, Persuasive Abilities Understanding Energy Models & Modeling ENVIRON 298-22 Content to be determined each semester. Fall/Spring Instructor: Timothy Johnson Skills: Modeling 5 Course Guidebook 2010-2011 Nicholas School Business and Environment Club Course Guidebook NICHOLAS SCHOOL OF THE ENVIRONMENT Sustainable Cities & Urban Design ENVIRON 298-37 Fall Content to be determined each semester. Instructors: Anthony Sease, Lincoln Pratson Skills: Sustainable Design Participatory Techniques in Environmental Decisions ENVIRON 298-67 Content to be determined each semester. Fall/Spring Instructor: Mary Lou Addor Skills: Communication Program Management for Environmental Professionals ENVIRON 302–001 Fall Overview of principles of program management, with application to diverse environmental professions. Lectures, case studies and discussion focus on topics including leadership, organizational structures, managing complex systems, adaptive management, risk and uncertainty, and advocacy within an organization. MEM and MF students only. Instructors: Alan Boudreau, David Hinton, Deborah Gallagher, Emily Klein, Norman Christensen, Rebecca Vidra Skills: Public Speaking, Teamwork and Collaboration, Client Relations, Out-of-the-Box Thinking, Writing, Leadership, Adaptive Management Energy and Environment ENVIRON 211–01 Spring Overview of the challenges confronting humanity as a consequence of our reliance on energy. Challenges include dwindling supplies, rising demand and environmental degradation. Realistic responses require an understanding of the complexity of the energy system, including energy resources, uses, and impacts, in the context of social, political and economic imperatives. Lectures will be augmented by presentations from guest speakers from industry, government and non-profit organizations. Instructor: Lincoln Pratson Skills: Public Speaking, Quantitative Analysis, Entrepreneurial Skills, Financial Analysis 6 Course Guidebook 2010-2011 Nicholas School Business and Environment Club Course Guidebook NICHOLAS SCHOOL OF THE ENVIRONMENT Economic Evaluation of Sustainable Development ENVIRON 245-01 Spring Examines how one could rationally defend a choice of 'sustainable development' policy. Applies cost-benefit thinking in environment-natural-resources and development contexts. Presents microeconomic concepts emphasizing logic and principles more than mechanics. Intertemporal equity is a focus and equity-efficiency tradeoffs are a theme. Instructor: Alexander Pfaff Talikoff Skills: Cost Benefit Analysis Sustainability and Renewable Resource Economics ENVIRON 252-01 Spring Economic theories of sustainability, contrasted with other scientific views. Focus on renewable resource economics, modeling, and management. Prerequisite: Environment 270. Instructor: Martin Smith Skills: Modeling Applied Regression Analysis ENVIRON 255–02 Spring Linear regression using both graphical and numerical methods. Model construction, critique, and correction using graphical residual analysis. One-way and two-way analysis of variance; introduction to design of experiments. Use of a standard statistical software package. Instructor: Song Qian Skills: Quantitative Analysis, Regression Modeling, Statistical Software Applying Economic Analysis for Project Evaluation ENVIRON 263-01 Spring Course considers the importance of economic analysis, or cost-benefit analysis (CBA), for public policy assessments focusing on health and environmental policy, and the steps in identification/cataloguing, quantification, and monetization of impacts of potential policies and projects. Covers: Economic rationale for CBA; Basic principles for assessing the economic effects of projects; Techniques for valuing health and environmental impacts; Intergenerational/philosophical concerns related to CBA; Social discounting; Risk and uncertainty; Comparisons of CBA with other approaches. Instructor: Marc Jeuland Skills: Cost Benefit Analysis 7 Course Guidebook 2010-2011 Nicholas School Business and Environment Club Course Guidebook NICHOLAS SCHOOL OF THE ENVIRONMENT Economic Analysis of Resource and Environmental Policies ENVIRON 271-01 Spring Case and applications oriented course examining current environmental and resource policy issues. Benefits and costs of policies related to sustaining resource productivity and maintaining environmental quality will be analyzed using economic and econometric methods. Topics include benefit-cost analysis, intergenerational equity, externalities, public goods, and property rights. Instructor: Caterina De Lucia Skills: Cost Benefit Analysis, Econometric models Professional Writing in Environmental Science, Management, and Policy ENVIRON 298–10 Spring Professional writing encompasses many styles of writing, from policy memos to manuals, blog posts to technical reports. This course is designed to give you space to reflect on your own writing as a process and not simply as a deliverable. For some, the course may serve as a tuneup; for others, a more significant remodeling. Through a series of modules, discussion and a writing assignment, we will delve into the most important aspects of any piece of professional writing: organization, use of evidence, clarity and cohesion, and giving and incorporating feedback during the revision process. We will illuminate the art of citation and examine the challenges and opportunities for you to publish your work. My goal is for your writing to become clearer and more powerful as a result. Instructor: Rebecca Vidra Skills: Writing and Communication Energy Systems Modeling ENVIRON 298-29 Spring Content to be determined each semester. Instructor: Dalia Patino-Echeverri Skills: Computer Modeling Sustainable Business Strategy ENVIRON 331–65 Spring Businesses are increasingly applying strategic management tools to incorporate consideration of sustainability into decision-making and operations. While some businesses incorporate sustainable practices because of ethical convictions, most businesses are motivated to do so to address pressures from stakeholders such as regulators, shareholders, customers and neighbors and to exploit knowledge and experience for long term competitive advantage. Students will 8 Course Guidebook 2010-2011 Nicholas School Business and Environment Club Course Guidebook NICHOLAS SCHOOL OF THE ENVIRONMENT learn how businesses develop and implement strategies to promote sustainability by examining roles and responsibilities of sustainable strategic managers and applying tools of strategic business management to problems of sustainability. Instructor: Deb Gallagher Skills: Writing, Public Speaking, PowerPoint, Critical and Strategic Thinking and Analysis, Teamwork, Research, Client Relations, Working under Time Pressure Applied Qualitative Research Methods ENVIRON 298–87 Spring Qualitative and mixed method social science research methods for environmental management and policy analysis. Project design, data collection, data coding, data analysis, interpretation. Research projects emphasize development and practice of qualitative research skills. Training in qualitative software program, NVivo8. Instructor: Charlotte Clark Skills: Qualitative Analysis, Research, Writing, Oral Communication, Computer- NVivo8 Software Environmental Life Cycle Assessment ENVIRON 298-92 Spring Instructor: Dalia Patino-Echeverri (Taught by Jay Golden in 2011) Skills: Life Cycle Assessment Art of Communicating Science ENVIRON 301–25 Spring Instructor: Timothy Lucas Skills: Written and Oral Communication Environmental Modeling ENVIRON 303-01 (X-Listed with Biology) Spring Design, implementation, and interpretation of mathematical and computer models in environmental science and management. Combination of lectures, discussion sessions, and computer lab exercises. Goals of course are to develop skills: (1) to conceptualize environmental problems and (2) to design, program, implement and interpret mathematical and computer models to help solve environmental problems. Instructor: James Reynolds Skills: Mathematical and Computer Modeling 9 Course Guidebook 2010-2011 Nicholas School Business and Environment Club Course Guidebook NICHOLAS SCHOOL OF THE ENVIRONMENT Principles of Management ENVIRON 303–01 Spring Provides introduction to business terminology and practices for environmental professionals. Introduce students to foundational concepts and language associated with the different functional areas of the firm and to some of the processes and tools available to organizational managers to enhance organizational effectiveness. Areas covered include finance and accounting, management and leadership, and organizations and strategy. Instructor: James Emery Skills: Finance & Accounting, Business Organization, Business terminology, and Strategy Program Evaluations of Environmental Policies ENVIRON 350–01 Spring Designed to give students foundation in methods and applications of quantitative program evaluation in environmental policy. Program evaluation seeks to identify casual effect of program/regulation/policy on some outcome of interest using statistical methods. Students will learn major empirical methods in program evaluation and apply them to current environmental policies. Instructor: Lori Bennear Skills: Quantitative Program Evaluation, STATA Statistical software Environmental Decision Analysis ENVIRON 385-01 Spring Quantitative methods for analyzing environmental problems involving uncertainty and multiple, conflicting objectives. Topics include subjective probability, utility, value of information, multiattribute methods. Students will apply these tools to an environmental policy decision in a group project. Prerequisite: introductory applied statistics or equivalent. Instructor: Lynn Maguire Skills: Quantitative analysis of environmental problems 10 Course Guidebook 2010-2011 Nicholas School Business and Environment Club Course Guidebook SANFORD SCHOOL OF PUBLIC POLICY Understanding Ethical Crisis in Organizations PUBPOL 203S-01 (X ETHICS 202S, POLISCI 225S, SOCIOL 202S) Spring This course examines the causes and consequences of ethical crisis across business, military, higher education and religious institutions. Emphasis is on identifying why certain organizations are more prone to ethical problems and certain organizations better able to manage them. A core goal is to develop real-world solutions to ethical challenges organizations face in contemporary societies worldwide. Instructor: Rebecca Dunning Skills: Managing ethical dilemmas, problem-solving Evaluation of Public Expenditures PUBPOL 261 Fall Basic development of cost benefit analysis from alternative points of view, for example, equity debt, and economy as a whole. Techniques include: construction of cash flows, alternative investment rules, inflation adjustments, optimal timing and duration of projects, private and social pricing. Adjustments for economic distortions, foreign exchange adjustments, risk and income distribution examined in the context of present value rules. Examples and cases from both developed and developing countries. Instructor: Robert Conrad Skills: Cost benefit analysis; net present value; basic accounting skills, project evaluation Philanthropy: Powers of Money PUBPOL 264S-26 Fall/Spring This course is designed to enable graduate students and upper-level undergraduates to deepen their understanding of philanthropy and its distinctive -- and important -- role in American society. We will cover its history, cultural origins, influence on social policy, interactions with government, how foundations work (and don't work), strategy formulation and execution and the issues foundations face in maintaining legitimacy and efficacy. This is not an introductory course and familiarity with the social sector is required for registration. The course will be broken into two back-to-back sections; one more theoretical/historical, the other more operational/real-world. The second section will probably (as of this writing) include working in teams, each to create a first-rank foundation established to solve, as much as possible, a critical social sector issue. Please contact Prof. Ed Skloot for a permission number for the course. Instructor: Edward Skloot Skills: Teamwork, real-world applications 11 Course Guidebook 2010-2011 Nicholas School Business and Environment Club Course Guidebook SANFORD SCHOOL OF PUBLIC POLICY Managing the Project Cycle PUBPOL 383B.01 Spring Instructor: Francis Lethem Public Budgeting and Financial Administration PUBPOL 384I.01 Fall Instructor: Graham Glenday 12 Course Guidebook 2010-2011 Nicholas School Business and Environment Club Course Guidebook FUQUA SCHOOL OF BUSINESS Energy and the Environment ENRGYENV 491C–601 Fall 1 Permits the study of special topics in energy and/or environment on an occasional basis depending on the availability and interests of students and faculty. Instructor: Lincoln Pratson Managing Innovation in a Global Organization MANAGEMT 328 Fall 2 This course is designed to do two things. First, to give you a sense of why building a rich understanding of innovation is both exciting and critical to modern managerial practice, and second, to give you a solid grounding in the tools necessary to manage it in large, established organizations. In particular, there is no “one best way” to manage innovation -- for example, the tools and techniques appropriate to managing incremental innovation are quite different from those appropriate to managing radical innovation. Taking a management perspective, this course complements approaches in marketing and strategy by focusing on process and organizational issues related to innovation in a wide range of multi-national firms. Instructor: Jonathon Cummings Skills: Organizing for Innovation, Managing Incremental Innovation, Managing Radical Innovation, Managing Innovation Development, and Managing Innovation across Boundaries Negotiation MANAGEMT 421 Fall 1 and Fall 2/Spring 1 Negotiation is the art and science of securing agreements between two or more interdependent parties. The purpose of this course is to help you to understand the theory and processes of negotiation as it is practiced in a variety of settings. This course will highlight the components of an effective negotiation and teach students to analyze their own behavior in negotiations. The course will be largely experiential, providing students with an opportunity to develop their skills by participating in negotiation exercises and integrating their experiences with the principles presented in the assigned readings and class discussions. Instructor: Gregory W. Fischer and Staff Skills: Negotiation, Oral Communication 13 Course Guidebook 2010-2011 Nicholas School Business and Environment Club Course Guidebook FUQUA SCHOOL OF BUSINESS Corporate Social Impact Management MANAGEMT 491 Fall 2 Corporations are increasingly being challenged to act in ways that serve the best interests of society. Many companies are aggressively seeking strategies that can allow them to “do well by doing good,” leaving a positive “footprint” on the world and avoiding actions that could harm consumers, employees, investors, competitors, suppliers, and the general public. In this course, we will examine how corporations can become more effective at managing their social impact, improving the relationships they have with all of their stakeholders in the process. Among the corporate social impact challenges that will be addressed in the course will be: How to achieve transparency without revealing proprietary information? How to look good on Wall Street when pursuing social initiatives? How to differentiate a company/brand in the marketplace using social involvement (e.g., cause marketing)? How to persuade consumers to engage in sociallybeneficial (e.g., healthier, environmentally-friendly) behaviors? How to avoid misinforming consumers about product benefits and shortcomings? How to serve less-advantaged populations at the “bottom of the pyramid” profitably? How to improve operational efficiency through careful environmental management? How to protect the welfare and rights of workers? How to manage and promote employee volunteering? How to avoid antitrust charges of collusion, monopolization, or exclusionary behavior? Instructor: Paul N. Bloom Skills: Students should obtain (1) improved knowledge about the issues and debates covered in the course and (2) improved ability to apply relevant theories and frameworks for choosing among strategies for creating more desirable social impact. Leadership Communication MGMTCOM 394 Fall 1 MGMTCOM 394 introduces you to the foundations of effective management communication. It focuses on helping you communicate clearly, strategically, persuasively and collaboratively in professional business settings. During Fall Term 1 you will learn and practice a variety of crucial communication skills in small sections. Topics include strategic management communication; giving and receiving feedback; researching companies; uses of influence and advocacy; individual and team presentation skills; cross-cultural communication; and career management skills, such as networking, branding yourself, crafting resumes and cover letters, and interviewing. Instructor: Staff Skills: strategic management communication; giving and receiving feedback; researching companies; uses of influence and advocacy; individual and team presentation skills; crosscultural communication; and career management skills, such as networking, branding yourself, crafting resumes and cover letters, and interviewing 14 Course Guidebook 2010-2011 Nicholas School Business and Environment Club Course Guidebook FUQUA SCHOOL OF BUSINESS Practicum in Small Business Consulting MGMTCOM 490 Fall 2, 3 and 4 This course helps students learn about consulting and communication by giving them an opportunity to provide help to a small business or non-profit organization in the Triangle area. Student teams will meet with the clients and agree on a set of objectives, which are mutually agreeable and conduct real consulting projects as the basis for their assignments. The project culminates in delivery of a fully professional and persuasive Final Presentation to the client and the instructors. The course develops students' abilities to collect information from the client, help the client define the problem that needs to be addressed, and develop a timeline for deliverables. Students will learn to analyze the audience, align and adapt to the needs of that audience, influence the decision-makers in the client company with written documents and oral discussions prior to the final presentation, and adapt to feedback and challenges throughout the project. Students who are considering careers in consulting can polish the skills they are likely to use throughout their careers. This course is suitable for any MBA student as they will learn skills applicable in any business setting. Instructor: William A. Sax Skills: communication, leadership, team effort (coordination), analysis of business problems, and project management Operations Strategy OPERATNS 471 Fall 2 Operations Management is a critical but often invisible aspect of the strategy of a firm delivering products or services. A firm can often choose different operational capabilities. These imply different costs and competitive position. In this course we will examine the operational side of a firm’s strategy in two interpretations of the term – as a long-term plan to achieve predetermined goals, and as competitive decisions when faced off against other firms. We will examine strategy issues covering manufacturing and service industries - technology manufacturing, pharmaceuticals, brokerage, banking, transportation, and others. The first module will examine the choice of process, product-process technology strategies, choice of management systems, the cost structure of operational capabilities, facilities strategy, distribution operations, and linkages operations and other functional strategies. The second module examines aspects of competitive strategy based on operational flexibility and time-based competition. The final module examines the impact of technology, information systems, and the Internet on operations strategy. Instructor: Pranab Majumder Skills: Strategy 15 Course Guidebook 2010-2011 Nicholas School Business and Environment Club Course Guidebook FUQUA SCHOOL OF BUSINESS Supply Chain Management OPERATNS 476C Fall 1 A supply chain is a network of organizations that are involved in the different processes and activities that produce value in the form of products and services. Increased competition, expanding product variety and more demanding consumers require more efficient supply chains. Supply chain management is an essential competitive tool. Innovations arise from three main sources: application of information technology; reconfiguration of the supply chain network; and modification of incentives. Effective supply chain management can enable companies to increase market shares, reduce costs, and improve customer service. In this course, we will introduce main concepts, best practices, and key strategies of supply chain management. Instructor: Pranab Majumder Skills: Supply Chain Management, Operations management students and students interested in a consulting career will find this course particularly relevant. Marketing students directed towards brand management or channel management will find this course complementary to their interests. Modeling and Analysis for Environmental Sustainability ENRGYENV 380-301 Spring 1 Instructor: Staff Corporate Finance FINANCE 351 Spring 1 Examines the implications of modern financial theory for various decisions faced by corporate financial officers. The concept of NPV, suitably adjusted to account for taxes, uncertainty, and strategic concerns, is used to analyze how investment and financing decisions interact to affect firm value. Topics include valuation, capital budgeting, capital structure, leasing, the cost of capital, mergers and acquisitions, and international financial management. Theory, empirical evidence, and case analysis all play significant roles in the course. Theory and empirical evidence together yield implications for corporate financial decision making. Case analysis forces students to apply their knowledge of theory and evidence to real-world situations. Instructor: Staff Skills: Financial Analysis 16 Course Guidebook 2010-2011 Nicholas School Business and Environment Club Course Guidebook FUQUA SCHOOL OF BUSINESS Leadership MANAGEMT 423 Spring 1 This course addresses leadership as a topic separate from management. Effective leadership involves setting a tone, a focus, and a direction for an organization, its members, and other stakeholders. In contrast, effective management involves executing against the direction and tone set by leadership. To be effective in most business positions, we need a mixture of leadership and management, and the exact mix depends upon the situation, the role and the person. The purpose of this course is to provide not only knowledge about leadership and its effects, but also opportunities for reflection, study, debate, and practice that provide students with a context within which they can learn about leadership - both their own leadership and more general principles of effective leadership. This is a course for students who wish to take the time and exert the effort required to understand, confront and reflect on their own leadership strengths and weaknesses, and begin the process of becoming a more effective leader. Instructor: Staff Skills: Leadership Social Entrepreneurship MANAGEMT 426 Spring 1 This course is about the efforts of private citizens to develop innovative solutions to social problems. Social entrepreneurs are increasingly blurring the lines between the sectors, using forprofit and hybrid forms of organization to achieve social objectives. This creates new opportunities for applying business skills in the social sector. The objectives of this course are to introduce students to the concepts, practices, and challenges of social entrepreneurship, to equip students with frameworks and tools that will help them be more effective in theses pursuits, and to engage students in a joint learning process as we explore this emerging field. Instructor: Dees Skills: Entrepreneurship Energy, Markets & Innovation MANAGEMT 491 Spring 2 Instructor: Staff 17 Course Guidebook 2010-2011 Nicholas School Business and Environment Club Course Guidebook FUQUA SCHOOL OF BUSINESS Consumer Behavior MARKETNG 362 Spring 1 The number one survival threat to organizations is losing touch with their customers. Successful marketing strategies require a clear understanding of the thought processes, desires, and emotions that drive consumer behavior. This survey course is designed to provide students with a psychological framework for understanding - and specific techniques for influencing customer choice. We will cover basic topics form the psychology literature such as subliminal perception, learning and memory, motivation, persuasion, and group influence. The goal of the course is to provide you with a sophisticated understanding of consumer behavior, and a specific set of tools you can use to predict and influence consumer choice. Instructor: Staff Skills: Marketing Energy Industry in Europe ENRGYENV 491-402 Spring Permits the study of special topics in energy and/or environment on an occasional basis depending on the availability and interests of students and faculty. Instructor: Robert Clemen 18 Course Guidebook 2010-2011 Nicholas School Business and Environment Club Course Guidebook PRATT SCHOOL OF ENGINEERING Marketing EGRMGMT 210 Fall This course examines core concepts in marketing and marketing-oriented management. It develops competence in the use of modern marketing techniques and their application in the design, development, and commercialization of new products and services in rapidly changing markets. The class combines lecture and cases, many of which focus on technology-based products and services. Students learn the frameworks for analyzing market opportunities and product potential. Other topics include consumer behavior, product management, pricing strategies, direct and online selling, branding, channel management, and promotions. Instructor: Julie Britton Skills: Decision-Making Finance and Accounting in High-Tech Industry EGRMGMT 230 Fall Review basic concepts of financial accounting and finance, with an emphasis on accounting needed for effective financial analysis. Focus on issues of finance in high tech industries. Emphases will include project financing, notions of options as applied to internal financial analysis, allocation of costs and revenues for new high tech projects, valuing projects and valuing firms when intellectual assets are a significant portion of total level value; corporate control in high tech firms. Finance issues in mergers, acquisitions, and alliances. Prerequisite: enrollment in the Master of Engineering Management Program. Instructor: C.J. Skender Skills: Financial Reporting Advanced Finance in High-Tech Industry EGRMGMT 232 Spring The course provides an in-depth coverage of corporate finance. Topics include valuation, tools of financial analysis and planning, working capital management, investment in capital assets, cost of capital, capital structure, dividend policy, intermediate and long-term financing, convertibles, exchangeables, warrants, mergers, corporate restructuring and international finance. The purposes of this course are to reacquaint you with complex corporate financial reporting requirements and techniques and to enable you to develop a framework for analyzing and making intelligent decisions regarding advanced finance topics and issues. The concepts, theory, and technical details will be examined carefully. Questions, problems and cases will provide vehicles for class discussion. After successfully completing this course you will be comfortable in a corporate finance decision-making capacity. Instructor: C.J. Skender Skills: Financial analysis, valuation, capital asset management 19 Course Guidebook 2010-2011 Nicholas School Business and Environment Club Course Guidebook PRATT SCHOOL OF ENGINEERING Management in High-Tech Industries EGRMGMT 240 Spring Management in High Tech Industries is a case-based course that focuses on managerial decisionmaking and organization building. With emphasis on professional service firms and high tech companies, students learn the skills to coordinate and leverage human capital. Tactical, operational, and strategic leadership is explored. Other topics include entrepreneurial decisionmaking, performance measures, managerial control, product strategies, management of strategic change, and competitive analysis. Skills: Coordinate and leverage human capital Engineering Project Management EGRMGMT 260 Fall Projects are one of the key mechanisms for achieving organizational goals and implementing change, whether it is the design and launch of a new product, the construction of a new building, or the development of a new information system. This course will focus on defining project scope, developing project plans, managing project execution, validating project performance and ensuring project control. Additional topics covered include decision making, project finance, project portfolio selection and risk management. Instructor: Bradley Fox Skills: Organizational and Management Skills Operations Management EGRMGMT 262 Fall Operations management involves planning and controlling the processes used to produce the goods and services provided by an organization. In essence, it is the management of all activities related to doing the actual work of the organization. Managing these processes can be quite challenging - they are often very complex, and can involve large numbers of people and facilities, huge volumes of materials and great distance. Objectives of the course are to: i) Introduce students to the functional area of operations and to increase their awareness of how a firm's operations interface with the other functional areas of the organization, ii) Familiarize students with the various issues and problems that traditionally arise in the management of operations within both manufacturing and service organizations, iii) Acquaint students with some of the terminology, modeling, and methodologies that often arise in the handling and resolution of operations issues and problem. Instructor: Otis Jennings Skills: Operations management skills 20 Course Guidebook 2010-2011 Nicholas School Business and Environment Club Course Guidebook PRATT SCHOOL OF ENGINEERING Supply Chain Management EGRMGMT 263 Spring The objectives of this course are to develop conceptual and modeling skills for the student and provide practical problem-solving tools, applicable to the design and analysis of supply chains. Students will also identify how the existence of multiple (distinct) decision makers in the supply chain can create misaligned incentives that harm supply chain performance and then learn how to mitigate this problem. Examples will include technology supply chains, and supply chains for innovative products. The course will balance modeling/quantitative problem solving with conceptual frameworks. Prerequisite: Enrollment in the Master of Engineering Management Program or permission of instructor. Instructor: Li Chen Skills: Modeling, design, and problem solving for supply chains Commercializing Innovation: Turning Visions into Value EGRMGMT 274 Fall This course is designed to demystify and unify the journey from idea creation to value extraction through the use of concrete tools and real-world exercise. Innovations have many sources (e.g., individuals, companies, universities, governments) and many vehicles for commercialization (e.g., licensing, new products, enhanced products, and new ventures). Through this course, students will learn to think more broadly about innovation and commercialization options and strategies. Prerequisite: enrollment in the Master of Engineering Management Program Instructor: Holmes Skills: Innovation analysis, linking innovation to commercialization Leading Teams in High Tech Industries EGRMGMT 299.XX Spring This course examines core concepts in marketing and marketing-oriented management. It develops competence in the use of modern marketing techniques and their application in the design, development, and commercialization of new products and services in rapidly changing markets. The class combines lecture and cases, many of which focus on technology-based products and services. Students learn the frameworks for analyzing market opportunities and product potential. Other topics include consumer behavior, product management, pricing strategies, direct and online selling, branding, channel management, and promotions. Skills: Organization and people management skills 21 Course Guidebook 2010-2011 Nicholas School Business and Environment Club Course Guidebook PRATT SCHOOL OF ENGINEERING Decision Models EGRMGMT 280 Fall Problems involving uncertainty and/or complex interactions can be too difficult to grasp intuitively. This course introduces spreadsheet modeling, simulation, decision analysis and optimization to represent and analyze such complex problems. First, the use of decision trees for structuring decision problems under uncertainty is discussed. Next, Monte Carlo simulation, a technique for simulating complex, uncertain systems is described. Finally, optimization is examined. Microsoft Excel is used as a modeling environment, using add-in programs as necessary. Prerequisite: Familiarity with Excel, Enrollment in the Master of Engineering Management Program or permission of instructor. Skills: Statistical simulation and analytics, risk assessment, optimization, complex problem solving Designing Customer Experience EGRMGMT 299.01 Fall Opportunity for study of advanced subjects related to programs within engineering management tailored to fit the requirements of a small group. Permission of instructor required. Instructor: Robert Twiss Skills: Sensitization to consumer experience, creativity Managing Product Development EGRMGMT 299.03 Fall Opportunity for study of advanced subjects related to programs within engineering management tailored to fit the requirements of a small group. Permission of instructor required. Instructor: Diana Requena Skills: Innovation management, process management analytics Competitive Strategies EGRMGMT 299.06 Fall Opportunity for study of advanced subjects related to programs within engineering management tailored to fit the requirements of a small group. Permission of instructor required. Instructor: Gregory Hopper 22 Course Guidebook 2010-2011 Nicholas School Business and Environment Club Course Guidebook DUKE LAW SCHOOL Environmental Law LAW 235-01 Fall Examination of rapidly growing body of law concerned with interrelationships between human activities and the larger environment. Focus on rationales for environmental protection; risk assessment and priorities. Instructor: James Salzman Skills: Legal writing, Analytical skills 23 Course Guidebook 2010-2011 Nicholas School Business and Environment Club Course Guidebook UNC KENAN-FLAGLER BUSINESS SCHOOL Analytical Tools MBA 700 Analytical Tools is a basic course in statistics, decision analysis, and simulation modeling. The course has the following principal objectives: To learn the basic techniques of data analysis, sampling and estimation, hypothesis testing, multiple regression, decision analysis, and Monte Carlo simulation; To apply these techniques to practical managerial decision problems; To learn how the microcomputer can be used to assist in the analysis of these problems; To develop basic skills in the use of Excel; and To see how quantitative methods impacts on the meaning of life. Instructor: Alan Neebe or Adam Mersereau (two sections) Skills: Hypothesis testing, regression analysis, time series, risk and decision analysis Strategies in Sustainable Enterprise MBA 815B Spring 1 This course will provide students with an in-depth examination of the strategies companies are using to advance the “triple bottom line” through a series of guest speakers representing multiple industries. The pervasiveness of business claims about being “green” and increased societal expectations for businesses to be “responsible” have brought sustainability into the mainstream. Consequently, businesses that desire competitive advantage and leadership have embraced sustainability as an integral component of their strategy. As a result of this course, students will have familiarity with the strategies companies implement to accomplish goals such as to reduce their environmental footprint, market to the “green” consumer, increase employee loyalty, address social issues, and build shareholder value. Instructor: Carol Seagle Skills: Strategic thinking, problem-solving Environmental Strategy MBA 869 Fall 2 “Green" business and products have proliferated in recent years in parallel with an increasing awareness of the reality of global climate change. Despite the popularity of the "green" label, an understanding of environmental issues, agreement on the role of businesses in addressing environmental problems, and the most effective strategies for doing so remain under developed. Through readings of seminal texts, case studies, and a project which focuses on exemplar companies, this course aims to impart an understanding of the most pressing environmental issues and the relevance of these to business concerns. The focus of this course will be to explore and evaluate possible solutions from the perspective of an executive decision-maker. Within the context of an MBA education, this course has the following goals: to develop students' ability to think critically, systematically evaluate complex issues, and weigh interconnected and conflicting interests; to increase students' capacity to comprehend and make use of scientific and 24 Course Guidebook 2010-2011 Nicholas School Business and Environment Club Course Guidebook UNC KENAN-FLAGLER BUSINESS SCHOOL quantitative information to ground their decision-making; and to improve students' ability to communicate their ideas clearly and effectively. Instructor: Carol Seagle Skills: Critical thinking, communication, use scientific and quantitative information to make decisions Sustainable Enterprise MBA 815 Understand the challenges of co-alignment among business, society, and environment. Examine the history and context of sustainable development as a model and perspective for commerce. Explore alternative models of business and innovation pursed by sustainable enterprises. Discover best practices in leadership and transformation. Survey models of innovation in community competitiveness, technology, products, and revenue models to support next generation business. Materials Covered: This course examines the origins, evolution, and current schools of thought around sustainable development. Study and discussion of sustainability as a theory of industrial development and accompanying models of commerce provides a context for understanding current models of business and its effects on other systems. The course also focuses on strategy, leadership, and innovation as applied to the Sustainable Enterprise. Through example as well as application of management theory, we will examine how today's leaders are creating programs of transformation for competition in the “next” generation of industry and commerce. Instructor: Albert Segars Skills: Strategy, leadership, innovation Investment Strategy for Sustainability This seminar course will look at current best practice by asset owners and their asset managers in integrating and aligning environmental, social and corporate governance factors [ESG] into portfolio strategies and investment analysis, including: Defining “socially responsible investing” [SRI] Identifying parameters of ESG investment mandates. Assessing the market opportunity set for SRI across asset classes. Fundamentals of ESG research for investors. Performance measurement and metrics of portfolios. Expected environmental and social impact. Addressing trends in global SRI. Students will develop intellectual frameworks for understanding: the market drivers for SRI in the U.S.; current best practices of SRI and ESG analysis; ESG analysis as extra-financial research for fundamental analysts, especially on capital structure of the firm, WACC, Beta, discount rate, risk management; models for quantifying the financial impacts of social/environmental decisions; assessing the strengths and weaknesses of a portfolio strategy. Skills: Risk management, assess decision models, market analysis 25 Course Guidebook 2010-2011 Nicholas School Business and Environment Club Course Guidebook UNC KENAN-FLAGLER BUSINESS SCHOOL Product Stewardship and Sustainability This course will cover various elements related to the current and growing issues associated with "product stewardship” as demonstrated through current company examples and case studies. These elements impact salability, product and stakeholder risk, competitive advantage and sustainable growth. Topics include product stewardship risk assessment and management, product safety and regulatory/non-regulatory considerations (including in specific areas such as green building, biotech, nanotech, agriculture, climate change, etc.), opportunities for growth and competitive advantage through product stewardship, and product stewardship management systems. Skills: Value chain assessment Leading Organizational Change Leading Organizational Change helps students become effective change agents and leaders of change in organizations. It is to help management consultants working to transform organizations, those working in mergers and acquisitions understand the dynamics of change in new and merged organizations, investment bankers assess plans for restructuring organizations, and general managers understand how to assess the need for and the implications of change to their organizations. Other topics will be: the roles of change agents and leaders; how to build a case for change and develop a "guiding coalition" within an organization; how to deal with resistance to change and how to affect the change in culture that will lead to enduring change. Skills: Affecting change, leadership Strategic Corporate Social Responsibility MBA 831C Fall 1/Spring 1 This course will look at how business leaders can create sustainable competitive advantage by integrating and aligning corporate social responsibility inside organizations with: core business objectives & core competencies; mainstream business functions such as sales, marketing, operations & strategy; branding and reputation; reporting, communications and messaging; expected financial impact; expected social/ environmental impact; and address trends in global CSR; Students will develop intellectual frameworks for; current-case best practices of CSR, across sectors; the broad and varied concepts in this field; the business drivers for CSR; positioning CSR as a competitive advantage; creative thinking about relevant CSR strategy for a given organization; assessing their own company’s level of strategic CSR; developing integrated CSR within their own industries, sectors, and firms; assuming leadership in CSR strategy development. Instructor: Kellie McElhaney Skills: Developing CSR strategy, business drivers for CSR 26 Course Guidebook 2010-2011 Nicholas School Business and Environment Club Course Guidebook UNC KENAN-FLAGLER BUSINESS SCHOOL Systems Thinking for Sustainability MBA 833A Spring 2 3 day seminar -- must attend all day friday/sat/sunday. As we work to create enterprises and industries that enhance the sustainability of life on Earth, persistent challenges such as pollution, resource consumption, and lack of motivation share certain characteristics: they defy quick fixes, they build and dissipate slowly over time, they are rarely “owned” by any department or business but affect all, and their components are tightly coupled. These challenges are often called “systems problems.” One powerful approach to addressing these systems problems is “systems thinking,” one thread of which, called “system dynamics” grew out of MIT 1950s. Systems thinking uses diagramming and simulation modeling to understand how to improve the performance of a social/physical system such as a business, an ecosystem, an industry, or the Earth. Together with other approaches designed to accelerate learning among groups of people (approaches such as visioning and reflective conversation), systems thinking can boost the effectiveness of individuals and teams. This course will be offered in three day-long seminars and will cover a systems perspective on management towards sustainability, mapping of complex systems, and hands-on experimentation with a small computer simulation model. Students must attend all three sessions to receive course credit. Instructor: Andrew Jones Skills: Computer modeling Supply Chain Management MBA 711 With the prevalence of the usage of the Internet for business, electronic business transformations are occurring in every business. One of the fundamental enablers for electronic commerce is effective supply chain management. This course considers management of a supply chain in a global environment from a managerial perspective. The focus is on analysis, management and improvement of supply chain processes and their adaptation to the electronic business environment. The course is divided into six related modules, namely, Inventory and Information Management, Distribution and Transportation, Global Operations, Supplier Management, Management of Product Variety and Electronic Supply Chains. Several new concepts including Prognostic Supply Chains, Build-to-Order, Collaborative Forecasting, Delayed Differentiation, Cross Docking, Global Outsourcing and Efficient Consumer Response will be discussed. Analytical and simulation approaches utilized in industry will also be introduced. At the end of the course, a student will have the necessary tools and metrics to evaluate a current supply chain and recommend design changes to supply chain processes. Instructor: Eda Kemahlioglu-Ziya Skills: Supply chain management 27 Course Guidebook 2010-2011 Nicholas School Business and Environment Club Course Guidebook NORTH CAROLINA STATE UNIVERSITY Managerial Finance MBA 520 Fall Investment and financing decisions by businesses with emphasis on technology-driven organizations in rapidly changing environments. Cash as the basis of asset valuation. Time value of money. Capital budgeting decisions under certainty and uncertainty. Capital market theory. Cost of capital. Capital structure theory and dividend policy. Cash management. Options and managerial implications. Derivatives and risk management. Skills: Financial management Advanced Corporate Finance MBA 521 Fall Overview of financial management. Evaluation of projects and valuation of real assets using traditional discounted cash flow analysis and real options. Role of financial leverage; optimal capital structure. Conflicts between security holders and management; stockholder-bondholder conflicts; financial distress, bankruptcy and reorganization; corporate control and restructuring; corporate governance issues. Skills: Financial management, Decision making Investment Theory and Practice MBA 523 Advanced topics in investments with a focus on underlying theory and practical application using real world data. Stock valuation models, bond valuation, derivatives, portfolio performance evaluation, investment strategies, efficient market theory and other current issues in investment finance. Prerequisite: MBA 520 Instructor: Richard Warr Skills: Financial Management Corporate Risk MBA 527 Fall Fundamentals of corporate risk management from a strategic decision-making perspective. Emphasis on how exposures to financial risks (foreign currency, credit, interest rate, etc.) affect the firm, and how risk exposures can be reengineered to enhance shareholder value. Topics include the major sources of risk, the measurement of risk exposures, methods and strategies of managing and controlling risk and tools of the financial engineer--futures, options, swaps, and other derivatives. Skills: Decision making 28 Nicholas School Business and Environment Club Course Guidebook NORTH CAROLINA STATE UNIVERSITY Business Process Design and Analysis MBA 553 Fall Identification, development, analysis, improvement and management of business processes. Strategic and executional issues critical to high-performance processes. Lean tools. Six sigma. Process redesign. Outsourcing. Service oriented architecture. Instructor: Brian Ashford Skills: Lean tools, Six sigma, Process redesign, Outsourcing, Service oriented architecture Project Management MBA 554 Fall Life cycle view of organizing and managing technical projects, including project selection, planning, and execution. Methods for managing and controlling project costs, schedules, and scope. techniques for assessing project risk. Use of popular project management software tools. Application of project management tools and methods to product development, software, and process reengineering projects. Instructor: Brian Ashford Skills: Management and Organization Product Design and Development MBA 555 Fall Total product realization process, including customer needs analysis, product design and engineering, manufacturability assessment and marketing plan development. Definition of relevant market, design and engineering principles, financial considerations and manufacturing aspects of product development process. Application and integration of business, design and engineering methodologies, concepts and tools on actual product design and development project. Instructor: John McCreery Skills: Product development 29