International Marketing & consulting
This course provides students with the opportunity to learn how to advise business owners on how they can expand their existing business internationally. Student teams will interview actual business owners in class (invited by professor) to understand their business goals, brainstorm and research ideas and solutions and finally provide these “clients” with a strategic plan to help them take the next steps to reach their international expansion goals.
International Project Management
Introduction to critically thinking of a project concept and thereafter preparing a project management plan, including budgets, schedules and risk management plans
This concentration is for students who wish to specialize in the finance area at a property or corporate level. The objectives for this course are related to promoting sound hospitality (i.e., primary hotels, but also restaurants and related land uses such as time share and condominium) real estate finance decisions using methods in financial economics. During the 10-week period, we explore the topics of valuation, debt financing arrangements, equity capital structures, and the institutions that serve as the foundation for hospitality real estate. The course features a mix of theoretical and practical approaches to these topics including case studies and lectures from industry specialists whenever possible. The operating premise is that we want to make money in every hospitality real estate transaction.
In this course, the student learns how to value a hotel property, hotel or tourism development project, or publicly quoted hotel REIT based on the analysis and evaluation of different factors: economic and real estate market cycles, tax, legal and regulatory environment, supply and demand profile of a hotel or tourism market, the forecast of revenues and expenses, the diverse possibilities for financing and the different types of “asset management” structures
The strategic and marketing aspects of importing and exporting goods and services as well as the legal, fiscal and administrative framework of international trade both as exporter/producer and importer/purchaser.
International Business Law
The development of low-cost transportation has made the world smaller. People travel all around the world, and businesses develop partnerships and subsidiaries. Globalisation has become a part of the day-to-day life. Therefore, dealing with foreign actors in an international legal environment requests some knowledge of the applicable rules. With an increased competition on the international stage, the strategic position of companies will rely on the knowledge of those different bodies of law (French laws, European legislation, and International treaties). Any manager wishing to work in an international environment will discover in this course the main topics he should be aware of: International business agreements, competition law, intellectual property (trade-marks), and labour law.
The workshop looks at four aspects of international financial management: the foreign exchange markets, the basic relationships between exchange rates, inflation and interest rates, hedging exchange rate risk (in the short term) and international capital budgeting (in the longer term)
Strategic Human Resources Management
A survey of the basic principles and functions that include planning, work analysis, position classification, job specifications, recruitment, staffing, performance management and appraisal, labor-management relations, training, and other personnel functions. Topics include statutory and regulatory constraints and outsourcing and privatization.
GMAT : Graduate Management Admission Test
Le Graduate Management Admission Test (GMAT) est un examen standard qui mesure les compétences générales verbales, mathématiques et rédactionnelles (analyse, synthèse) que l'on est censé avoir développées au cours de la scolarité. Il sert à évaluer le potentiel de réussite dans une école de gestion niveau Master of Business Administration (MBA) dés la première année d'étude. Pour les étudiants souhaitant poursuivre leurs études dans un pays anglophone, le test GMAT est devenu un ticket d'entrée nécessaire à l'accession à une école ou une université étrangère.