Robinson Lominosov Moscow EMBA Program Curriculum

Opening Residency

Participants explore the characteristics and features of personal leadership practices and the creation and management of effective teams. Individuals utilize a select set of personal assessment tools designed to provide EMBAs with insight into their leadership capabilities and tendencies. Participants are also introduced to the fundamentals of accounting principles, a first-step in developing the financial thinking associated with leadership at the executive level in public and private enterprises.

Executive Leadership of the Global Enterprise

Course participants become immersed in the leadership challenges associated with management of an enterprise at the corporate, business unit, and line of business levels, including those challenges encountered in multinational corporations. Focusing on the responsibilities of both the general manager and the senior management team, individuals encounter challenging settings where executives have responsibility for the enterprise's overall performance rather than just a single business function. Leadership of the strategy process, facilitating organization building, and assurance of effective enterprise performance are unifying themes throughout the course.

This course introduces financial accounting concepts and principles along with elements of financial analytical methods. It provides the foundation for international accounting practices. The course is also a study of the major accounting methods used for costing products, services, programs, projects, departments, and other operational units and cost objects. The primary emphasis is on developing the needed understanding, insights, and skills to correctly use such financial details in formulating essential managerial decisions.

This course explores the essential practices of strategy formation and achievement of advantage in competitive settings. It examines the use of industry analysis and resource-based views of the enterprise with emphasis on achieving advantage by firm-level and customer value creation. Cooperative strategies, including alliances and joint ventures are also examined as alternatives for establishing advantageous positions in globally competitive industries and markets.

The purpose of this course is to provide students with an understanding of the current and future problems faced by the marketing manager. Emphasis is placed on practical applications of theories developed in marketing and related literature. More specifically, the marketing mix, including product, price, promotion, and place is discussed in relation to the environmental characteristics, including competition, technology, government regulation, and recent megatrends. Special attention is also given to market opportunity analysis, marketing techniques, marketing strategy and decision making, and evaluation.

This course applies microeconomic and macroeconomic tools to analyze management decisions and the competitive strategies of firms in a market economy. Microeconomic concepts of supply and demand, production, cost, and market structure are combined with the macroeconomic issues of aggregate demand and supply and national income distribution to develop an analysis of the overall economic environment in which firms operate.

The residency entails the U.S. visit to Atlanta for in depth workshops and to directly observe the practices and concepts of business in foreign countries. EMBAs work with Robinson faculty in Atlanta. They will also visit companies to meet first hand with senior managers and executives and to experience the business practices and operational activities of these firms. In addition, discussions are organized between the EMBAs and members of the governments in the countries as well as Russian and international managers in the US. The residency includes ample opportunities for a variety of cultural experiences.

This course is directed toward the management and control of operating systems with an emphasis on supply chain management. Specific topics include matching operations decisions to a firm's strategy, design of operations control systems; unique operations considerations in the services, design, selection, and improvement of processes; capacity planning; quality management; and the management of inventories.

This course is a study of the major accounting methods used for tracking and reporting internal operations. In addition, the course deals with how in practice the generated reports are used for evaluating performance and controlling operations. Key topics of the course include responsibility accounting, performance indicators, and the behavior patterns stimulated by such reporting and budgeting systems. The primary emphasis is on developing the understanding, insights, and skills needed to effectively use such accounting reports and other available information to appropriately evaluate managers' performance and control operations.

Designed for the experienced manager, this course is an extensive study of strategic human resource management and human behavior in the workplace. Central topics include workplace motivation, communication, leadership, workplace stress, and organization structuring and design. Particular attention is paid to the development and retention of high-valued talent.

The finance and investment issues addressed by corporate managers and executives are applied to national and international business settings with emphasis on overall value and risk to the enterprise. Topics span time value of money, the valuation and role of debt and equity, capital acquisition and the organization of financial markets, the relationship between risk and return including the capital asset pricing model, capital budgeting/project evaluation techniques, cost of capital, cash flow estimation, project risk analysis, real options and company valuation. The course also emphasizes foreign exchange risk management, management of the multinational financial system including transfer pricing and taxation, and the investment and financing decisions of global firms .

Business organizations are exposed to loss-causing events that may have significant impact on their financial position. This course explores the analysis, control and financing of property, liability and human resource loss exposures. Risk analysis includes loss-forecasting. Risk control focuses on principles of loss causation and mitigation and techniques for implementing risk control strategies. Risk financing alternatives include both funded and unfunded approaches. Traditional insurance, loss-sensitive insurance, cash-flow plans, self-insurance, captives, pooling, and financial risk management arrangements are examined. Case studies synthesize the risk management concepts covered in the course.

This course focuses on the roles executives play in defining, leading, managing, and responding to the responsibilities of the corporation. Organized around the ten principles of the United Nation*s Global Compact, the course uses simulations, interactive case-studies with the corporate executives who lived them, and ethical reflection exercises to teach executives to assess and respond to the social, ethical and environmental issues confronting global enterprises and to lead effective corporate policies and responses. Special attention is paid to building the four components of ethical behavior, namely, ethical sensitivity, judgment, motivation, and implementation.

Individuals become immersed in the role of executive leaders who are accountable for delivering measurable, successful performance within globally competitive organizations. Assuming various CxO roles, they are charged with responsibility for recognizing and capitalizing on opportunities and responding to ever-changing strategic and operational circumstances, all while seeking to enhance the value and position of the enterprise (whether public, private, or not-for-profit.) This course integrates strategic, operational, and financial practices in an executive and general manager leadership context. 

As a capstone experience, the integrated client-based business strategy project enables the EMBA to apply insights, knowledge, and skills gained in the program to an opportunity or issue within a Russian or multinational company. An approved strategy project will consist of a comprehensive industry, company and line of business analysis as well as investigation of a central business issue. The project also includes a detail action and implementation plan including supporting financial and operational information. In return the participating company will commit senior management time and enterprise resources.

 Back to the top>>