Addressing the challenges facing businesses and organizations today and in the future, opportunities, risks and sustainability issues, The NANYANG MBA recently introduced 3 new and very relevant courses in its mix of offerings -- Emerging Markets Strategy, Crisis Scenarios & Contingencies, and Green Trading and Emissions Trading for Managers. Emerging Market Opportunities, is about optimizing and seizing opportunities, in up-and-coming markets - Brazil, Russia, India, and China or BRIC, while Crisis Scenarios & Contingencies is about managing and handling uncertainties, as well as preparedness for continuity and sustainability. The third new course - Green Trading & Emissions Trading for Managers tackles new development on emerging financial instruments in the areas of sustainability. Two of the courses will be taught by industry experts: Ms Anrupta Bhomick for Emerging Markets Strategy who is presently working with Dell Global, Marketing and Global Pricing and Prof Pushkala Lakshmi Ratan, a Senior Analyst with Carbon Advisory Services NEG Micon Pvt (India) Ltd with a PhD in environmental economics for Green Trading and Emissions Trading for Managers. On the other hand, Crisis Scenarios and Contingencies will be taught by Nanyang Business School's leading faculty in Strategy, Prof Joseph Wan Chew Yong.
Here is a quick preview of the courses:
Emerging Markets Strategy
With the advent of emerging market economies in the world , the largest economies commonly known as, BRIC (Brazil, Russia, India, and China), is seen as becoming more important, businesses must have full understanding of these markets in order to be successful and sustain their business operations. China is expected to be the biggest economy in the world, India’s economy is expected to surpass Japan’s by 2030. Russia and Brazil’s economies are expected to surpass Italy, France, and Germany in the next 25 years. Being invested in and involved in the right markets is becoming an increasingly important strategic choice for all global companies.
This course tackles market entry, scalability and sustainability in the Emerging Markets using case studies of spectacular success stories. The assigned readings and class discussions will address unique complexities, challenges and opportunities in emerging countries and help students to articulate global impact and implications for management strategy and business operations.
Ms Anrupta Bhomick (in the center), posing with her MBA students in Emerging Markets Strategy class.
Crisis Scenarios and Contingencies
The business landscape has become more volatile, uncertain, complex and ambiguous. With the last global financial crisis, natural disasters, and political and economic turmoil occurring everywhere, more and more companies are now embracing the need to deal with uncertainties and being prepared for continuity and sustainability. The course will cover crisis scenario, mapping out signposts, developing contingency planning, crisis avoidance, management and recovery post crisis.
Prof Joseph Wan Chew Yoong in class.
Green Trading and Emissions Trading for Managers
Economic instruments in the energy sector are being used in various countries to incentivize growth and reduce negative externalities. Market based mechanisms like green trading and emissions trading play a key role in achieving this. These fully functioning markets herald the future for a broader energy and sustainability dialogue in addition to commercial and business opportunities. The focus of the course is to help students understand this new and fast growing area and its implication on Asian economies and businesses.