Elective- Page 2 of 2 - CUHK MBA

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China in Global Economy

This course is designed to help students understand the role of China in the Global Economy. We will review the reforms and the current state of the Chinese economy and its financial markets. Major topics such as the Belt and Road Initiative, The Bay Area, Sino-US trade war, China and ASEAN, Islamic Finance will be […]

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    This course is designed to help students understand the role of China in the Global Economy. We will review the reforms and the current state of the Chinese economy and its financial markets. Major topics such as the Belt and Road Initiative, The Bay Area, Sino-US trade war, China and ASEAN, Islamic Finance will be covered. We will also study the development of e-payment the green economy in China.

    New Venture Business Project

    This course is designed to hone students’ entrepreneurial skills. To that end, each student will work in a group to develop a business plan and to devise a means for acquiring capital for a new venture. The instructors will lecture on various aspects of planning and financing start-ups, and guest speakers – entrepreneurs, venture capitalists […]

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      This course is designed to hone students’ entrepreneurial skills. To that end, each student will work in a group to develop a business plan and to devise a means for acquiring capital for a new venture. The instructors will lecture on various aspects of planning and financing start-ups, and guest speakers – entrepreneurs, venture capitalists and incubator sponsors – will describe their experience of dealing with start-ups. Students will succeed in this course only if they take the initiative to produce viable plans. The instructors are coaches and facilitators to help course participants. Students, together with the instructors, will critically assess each of the business plans.

      Digital Transformation and Innovation

      Digital transformation and innovation has become an integral part of every corporate’s business strategy, if they are to remain competitive even as industry incumbents now. However, complications surface when executives have to align where to invest – digital transformation to drive operational efficiencies, customer experience, or new products and services, as well as incremental innovation, […]

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        Digital transformation and innovation has become an integral part of every corporate’s business strategy, if they are to remain competitive even as industry incumbents now. However, complications surface when executives have to align where to invest – digital transformation to drive operational efficiencies, customer experience, or new products and services, as well as incremental innovation, or disruptive innovation.

        This course introduces practical frameworks and key elements to guide the thought process behind assessment and formation of a digital transformation and innovation strategy. Strong emphasis would be on digital customers and their implications to different consumer-facing industries, from the lens of incumbent corporations.

        Management Decision Making

        Making decision is a fundamental life skill. According to multiple sources, an adult makes about 35,000 decisions every single day. Some decisions are ‘no-brainers.’ Most decisions you’ll face are tough and complex with no easy or obvious solutions. Such decisions affect you, your family, friends, colleagues, work teams, organizations and many other known and unknown.  […]

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          Making decision is a fundamental life skill. According to multiple sources, an adult makes about 35,000 decisions every single day. Some decisions are ‘no-brainers.’ Most decisions you’ll face are tough and complex with no easy or obvious solutions. Such decisions affect you, your family, friends, colleagues, work teams, organizations and many other known and unknown.  An effective decision-making process may be more complicated than flipping a coin, tossing a dart or letting someone else to make a mediocre choice which depends on luck for success.

          To understand the complexity and irrationality that arise in human decision making, you are going to answer many interesting questions in this course.  Answers to these questions will shed light on your decision-making process and outcomes. Throughout the course journey of lectures, business cases and interactive exercises, you’ll scratch your heads and learn how to critically make life and work decisions with evidence and effective process.

          Managing Family Business

          Family business is a puzzling topic that fascinates academics, investors, and managers. These businesses are ridiculed, especially in Hong Kong, as unprofessional and cronyism-driven. But one cannot ignore their importance: families started many of the most successful firms in the world; families owned the majority of listed firms; many family firms uphold the best innovation, […]

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            Family business is a puzzling topic that fascinates academics, investors, and managers. These businesses are ridiculed, especially in Hong Kong, as unprofessional and cronyism-driven. But one cannot ignore their importance: families started many of the most successful firms in the world; families owned the majority of listed firms; many family firms uphold the best innovation, quality and brand value; and family funds constitute some largest philanthropic and investment projects. This course takes a family enterprising approach to discuss the importance, diversity, complexity, and more importantly continuous entrepreneurship of business family (as opposed to family business). Apart from lectures and case analysis, students should interact with family members and associated professionals to understand the types, life cycle, conflict, succession, characteristics of business families. For sustaining their growth, practical approaches, such as structures and procedures as advisory boards, family councils, family venture funds and spin-offs, and family philanthropy, will also be discussed. This course shall benefit family business members, managers in family-owned firms, and professionals.

            Management Consulting

            The course develops a valuable set of core consulting skills and provides a rich appreciation of modern management consulting of value to both prospective management consultants and to other business students who expect to engage and work with management consultants during their future career.  The course complements the Business Practicum elective in which students have […]

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              The course develops a valuable set of core consulting skills and provides a rich appreciation of modern management consulting of value to both prospective management consultants and to other business students who expect to engage and work with management consultants during their future career.  The course complements the Business Practicum elective in which students have the opportunity to apply consulting skills in a real consulting engagement with a local company.  In a typical session, the first hour will be an overview lecture on the Topic, or a discussion of the assigned Readings.  A short ‘Industry interlude’ will cover aspects of the history and structure of the management consulting industry, including ethics, professional qualifications and recruitment practices.  The final ninety minutes will be spent on an assigned “caselet” (a short-form case) based on a real management consulting engagement.  Caselets will cover commercial organizations in China and overseas, as well as consulting interventions in not-for-profits and the Public Sector. Students will be placed into groups and each group will be asked to practice specific consulting skills and roles, with opportunities for each student to plan a consulting engagement, facilitate discussions with clients, and lead a consulting team.

              Managing Innovation & Technology

              It’s an era of “Technology Everywhere”.  The rapid advancement in technology literally impacts every sector of our society.  From taxi services to mobile payment, from robotic engineering to artificial intelligence; new innovations and technology have laid substantial or even subversive changes to our ways of doing business.  It is, therefore, important for senior management to […]

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                It’s an era of “Technology Everywhere”.  The rapid advancement in technology literally impacts every sector of our society.  From taxi services to mobile payment, from robotic engineering to artificial intelligence; new innovations and technology have laid substantial or even subversive changes to our ways of doing business.  It is, therefore, important for senior management to understand the uncertainty and challenges engendered by technological and market changes, and with a better understanding, be able to derive the optimal ways to cope with these changes.

                Business Negotiation

                This course introduces current research and thought on the negotiation process, and provides opportunities for students to apply the concepts and skills in simulations of actual negotiations. Strategic lessons are learned from different actual cases. The objective is to enable students to appreciate the art and science of negotiation, to understand how to resolve conflicts […]

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                  This course introduces current research and thought on the negotiation process, and provides opportunities for students to apply the concepts and skills in simulations of actual negotiations. Strategic lessons are learned from different actual cases. The objective is to enable students to appreciate the art and science of negotiation, to understand how to resolve conflicts and derive the most out of bargaining.

                  Behavioral Decision Making

                  Making decisions, from the trivial to the fundamental, is part of the everyday life of every manager and investor. For the last 30 years, psychologists — and more recently also economists — have studied how people process information and make decisions. This research program has provided an insightful understanding of how people’s decisions deviate from […]

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                    Making decisions, from the trivial to the fundamental, is part of the everyday life of every manager and investor. For the last 30 years, psychologists — and more recently also economists — have studied how people process information and make decisions. This research program has provided an insightful understanding of how people’s decisions deviate from “optimal” ones, and the consequences of such biases in financial and personal terms. This course is devoted to understanding the nature, causes and managerial implications of these limitations. It will help the students discover a series of serious yet often overlooked mistakes that most people would commit in a variety of decision contexts, including investment decisions, hiring decisions, purchase decisions and even marital decisions. At the same time, this course will also teach them how to correct these mistakes and how to reach optimal solutions. Instead of overwhelming the students with mathematic models or academic theories, this course will use many in-class exercises and questionnaires to convey the concepts.

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