Mini MBA in Business and Managerial Economics Course

Why select this training course?

The Mini-Mba In Business And Managerial Economics Course at Rcademy aims to give and develop a macroeconomic model for business decisions. The problems and concepts in this program are analyzed starting from the manager’s perspective and the firm’s findings. Focus is placed on studying the production activity of the association between industries with the rival firm and clients.

Whether caused by environmental challenges, politics, or global health issues, the world economy is changing and developing in an organization’s business and managerial aspects. Therefore, predicting and monitoring the economics with the overall company management is now a vital priority increasing the demand for graduates who understand how the industry operates and how international and local issues can impact performance and competition.

Joining the learning of economics with general organization management is an attempt to equip you with knowledge and skills to analyze personal industry and personal performance within the global context of economics. By applying the competitive financial markets suite (FMS), the participants will use the economic practice and theory to the actual world business, studying how to organize, assess economic trends, and become better situated to assist firms in making effective company decisions.

This Rcademy course will analyze how companies start to exist and expand- learning about their international relationship, surrounding, and interaction with workers to support future management and business decisions. In this program, you will have the chance to gain a comprehensive understanding of the qualitative, economic, and quantitative methods and views used to analyze and solve most of the company issues in the international industry.

What is the focus of the MBA in business economics?

This Rcademy program in business economics enables the students to understand economic principles, study business-associated challenges, and find the best solutions to these issues. In addition, this Rcademy course prepares graduates for a career in financial banking, general management, and development planning.

What is the focus of the MBA in managerial economics?

Managerial economics focuses on applying the rules in micro and macroeconomics in executive decision-making. It is an economical method of reasoning concerning business decision-making, giving all the leaders great equipment and insights into advancing the organization’s goals.

The Mini MBA in Business and Managerial Economics Course by Rcademy is taught by professionals with solid business experience in various company disciplines through knowledge or consultancy exchange. There is a focus on studying by practice, allowing participants to graduate with the comprehensive capabilities and knowledge to reply creatively and proactively to business challenges and issues.

Who should attend?

The Mini MBA in Business and Managerial Economics Course by Rcademy has been designed this course for:

• Board members who are searching to evaluate the big data for the stakeholders
• Revenue officials looking to create new methods and insights for competitive and marketing research
• Business development staff searching to open new opportunities proactively
• Financial officers searching to design-implement initial finance-accounting research analysis
• Development and research teams who are looking for a direct connection

What are the course objectives?

The main objectives of The Mini MBA in Business and Managerial Economics Course by Rcademy are to enable participants to be able to:

• Understand how the game theory can assist in illustrating various business decisions
• Learn the principal-agent issue and why different categories of compensation exist
• Learn the equilibrium conditions for the price minimization and the maximization of profits
• Understand the various prices of production and their impact on the short and long-term company decisions
• Apply the studied concept to evaluate the role of the clients’ demand to the transformations in the cost of the services and goods: the services cost, products, and income.
• Learn the various pricing models, including two-part pricing, discrimination, block pricing, transfer pricing, commodity bundling, and peak load pricing.
• Understand the diseconomies of scale, economies of scale, cost complementariness, and economies of scope and how they impact the production cost

How will this course be presented?

This Rcademy course is an interactive business and managerial economic training course. It will use various teaching approaches, including assignments, group discussions, lectures, functional exercises, seminars, presentations, and qualitative and quantitative case studies. In addition, there will be peer-to-peer education to allow participants to learn from one another.

There are in-depth instructions for all the activities in the program at Rcademy. Note that the success of the studying partition process relies on your role in reading the assigned resources, such as text chapters and other instructional resources given during the course. In addition, the final exam will allow the participants at Rcademy to show what they learned beyond this course to their major.

What are the topics covered in this course?

Module 1: The Competitive Issues Organizations Face in the 21st Century

• Company models and how to disrupt them
• Identification and control of the stakeholder’s needs
• An important method to risk control
• The vital aspect of the business performance management
• The essential element of financial modeling
• Fundamentals of financial modeling
• Basics of statement basics

Module 2: Increasing Financial Forecasting

• Preventing usual forecasting issues
• Practical modeling: applying Excel statistical analysis methods
• Application of linear regression for the analysis of the sales trends
• Application of correlation and regression to forecast prices
• Using excel solver to lower forecasting mistakes
• Cashflow forecasting practical modeling
• Using shifting averages to evaluate time series information

Module 3: Understanding Financial Analysis 

• Assessing and increasing return on investment
• Practical modeling: the price volume-profit association
• Developing a financial ratio database in Excel
• Analysis and increase of asset control efficiency
• Practical modeling: the impact of gearing on the earnings of the shareholder
• Evaluation and control of capital risk and structure

Module 4: Control of Risk and Uncertainty

• Monte Carlo simulation
• Recognizing and evaluating business threat
• Probability-focused approach to decision making
• Recognizing the primary determinants of financial performance
• Sensitivity Evaluation and What if forecasting
• Practical modeling: primary driver what if prediction

Module 5: Financial Techniques to Increase Investment Decision Making

• Cost and sources of business finance
• Basics of capital investment in decision making
• Fundamentals of company valuation
• Practical modeling: company valuation focused on stakeholder value added
• Fundamental organization analysis
• Functional modeling: capital investment evaluation

Module 6: Economic Indicators

• Present value concept
• Definition of economic indicators
• Discount factor
• Impact of project delay
• Internal rate of return
• Net present value
• Investment/ profit ratio
• Payback time
• Incremental projects

Module 7: Analysis of Cash Flow 

• Loss carryforwards
• Understanding of the economic phrases
• Depreciation techniques
• Sunk prices
• Inflation
• Nominal and actual cash flow
• Project financing
• Creation of cash flow calculation

Module 8: Spreadsheet Calculation Development 

• Overview of Spreadsheet calculation
• Simple cash flow using Excel
• Economic indicator application
• Class discussion