The business world is booming, and you have 10 months to prepare. Beginning in July each year and running through mid-May, the Master of Management Studies: Duke Kunshan University program is organized into multiple 6- and 2-week terms, with a total of 15 courses. All courses are conducted in English, and Mandarin proficiency is not needed to attend the MMS: DKU program. The streamlined MMS: DKU curriculum and course structure is designed to immerse you in business as quickly as possible, without sacrificing substance and quality.
MMS: DKU classes give you the tools, framework and vocabulary you need to enter the world of business with a solid foundation. Our extensive curriculum features quantitatively rigorous courses, as well as thought-provoking classes that challenge you to apply course material to real-world business. This combination of courses challenges students to apply their previous knowledge and strong business education background in order to analytically, creatively and intelligently find solutions to complex problems.
Below are descriptions of the courses you will take throughout the MMS: DKU program. Please note that the actual course sequence is subject to change from one academic year to the next.
Introduction to Financial Accounting
This financial accounting course develops your ability to read, understand and utilize corporate financial reports. Discover the basics of bookkeeping, accounting terminology and fundamental accounting concepts, including the definitions of financial statement elements. Explore the accounting treatments of key transactions and understand how financial reports portray the effects of underlying economic events, using this knowledge to infer about future profitability. Learning the financial reporting process allows MMS: DKU students to properly evaluate information provided by firms in published financial statements.
Business Communication I
Strong communication skills are critical to success in today's global business environment. The ability to communicate effectively, using the broad range of media available, is important in a business setting in order to impact and influence an organization. One typically thinks of communication skills as focusing solely on the written and spoken word; however, it is equally critical to have a strong skill set in communicating with spreadsheet modeling and analytical tools. The ability to communicate effectively is also essential in order for one to develop and execute a successful job search strategy.
To provide exposure to the broad range of communication skills needed for success as an MMS student, the Business Communication I course is divided into three tracks: one dealing with classic communication skills, including oral, written, and presentation; one focused on Excel, particularly as it relates to effective communication in the role of an analyst-level position; and one concerning Career Management Center activities, tied to the effective job search and associated activities. Learn more about how our Business Communication courses can assist in your upcoming job search.
Quantitative Business Analysis
The Quantitative Business Analysis course provides an introduction to the analytical foundations of decision-making, dealing with important topics about structuring, analyzing and answering decision problems. The course begins with an introduction to probability, random variables and their properties. These topics serve as the basis for examining how to use sample data to make informed decisions about entire populations, both with point estimates and with confidence intervals. The course then provides an overview of regression analysis as a way to find associations between a dependent variable and independent variables, for improved understanding and/or for prediction purposes. The course concludes with an examination of the use of functions to describe business problems and with the use of optimization as a way to find best solutions.
Fundamentals of Business Economics
Learn the fundamentals of supply and demand analysis, the basic tool for understanding competition and the market determination of prices and quantities. In this course, you will study the ideologies surrounding consumer choices, as well as production and cost theory, and also develop valuable tools for market structure analysis and game theory.
Introduction to Marketing Analysis
Learn the principles, processes and tools necessary to analyze markets and design optimal marketing programs. Assess marketing opportunities by analyzing the three Cs — customers, competitors and your own company. This course provides MMS: DKU students with the opportunity to design effective marketing programs using appropriate strategies for pricing, promotion, place and product — also known as the four Ps. Modern marketing philosophy holds that only those firms that provide high customer value can succeed in the long run, and this course will teach you how to create that value.
Foundations of Capital Markets
In this course, explore the fundamental principles of asset valuation, investments and investment management. Topics include time value of money and discounting, diversification and risk, arbitrage and hedging, asset allocation, asset pricing models, active portfolio management, performance evaluation and the interaction between capital markets and the macroeconomy.
Principles of Strategy
Identify business opportunities in dynamic, competitive environments and, in turn, develop the skills necessary to be an effective strategy analyst as part of any business position. Tackle the complexity of analyzing competition in this era of globalization, changing firm boundaries, and increasing uncertainty. In this course, MMS: DKU students will develop strategic thinking by learning the concepts, models and tools of strategic analysis, and apply them to competitive situations. Learn to assess a firm's strategic position with respect to competition, the larger industry and customers, given the firm's internal resources and capabilities.
Foundations of Corporate Finance
In this course, essential for those interested in work as a financial analyst, MMS: DKU students will examine important issues in corporate finance from the perspective of financial managers responsible for making investment and financing decisions. The concept of net present value, suitably adapted to account for taxes, uncertainty and strategic concerns, is used to analyze how investment and financing decisions interact to affect the value of the firm. Assess the coverage of capital budgeting, and observe and track the interaction between taxes and the cost of capital. Additionally, you’ll study the treatment of dividend policy and capital market efficiency as they relate to the value-maximization objective of the firm.
Fundamentals of Market Intelligence
In this course, MMS: DKU students will gather, analyze and interpret data about markets and customers, as well as learn to define decision problems and determine what information is needed. This includes engaging in "backward marketing research" by envisioning decisions that will be made based on the research. Examine how to acquire trustworthy and relevant data, and judge its quality by utilizing secondary research, such as internal customer databases or knowledge management systems. Students will understand these analysis skills in the context of common marketing decision problems, including target market selection, new product or service introduction, customer retention and pricing.
Principles of Cost & Managerial Accounting
This course involves the study of the use of accounting information for internal decision-making and control purposes, as opposed to the external disclosure focus of the financial accounting course. Students will integrate accounting principles with ideas from microeconomics, data analysis, decision analysis, finance, and operations management. The topical coverage of the course emphasizes the design of management accounting systems for analyzing costs in the context of the firm's business model, and the use of managerial accounting data in planning and controlling operations.
Spreadsheet Modeling & Decision Analysis
Successful management requires the ability to recognize a decision situation, understand its essential features, and make a smart choice; however, in the business world, the stakes may be too high to learn by experience. Instead, MMS: DKU students will use decision models — simplified representations of situations involving uncertainty and/or complex interactions to help you gain the necessary skills to make the best decision. In this course, you’ll discover commonly used modeling tools — including decision trees, Monte Carlo simulation, and optimization — and learn the art of modeling in a Microsoft Excel environment.
Foundations of Management & Organizations
Be an effective leader and manager of others, whatever your level in the organization. In this course, learning teams of students will examine practices that make groups more efficient and adaptable, and that help harness diversity and enhance innovation. Study the theory and practice of negotiation, improve your personal contribution to your team or firm, and discover how to lead so others respect and listen to your views and opinions.
Fundamentals of Financial Analysis
This course focuses on financial analysis of a firm and the valuation of its shares. Analyze and interpret financial statements with the use of publicly available sources of financial information. MMS: DKU students will develop important Excel modeling skills pertaining to financial planning, analysis and valuation while building on prior coursework in financial accounting, strategy, managerial accounting, investments and corporate finance. Evaluate the financial implications of a firm's articulated strategy, and use that information to project the firm's future financial statements and forecasted share prices through the application of various valuation techniques.
Introduction to Operations & Supply Chain Management
This course involves the study of the basic facts and principles of supply chain processes and activities — from the extraction of raw materials, through transportation and processing, to the delivery of finished products to the customer. MMS: DKU students will be exposed to crucial decisions concerning infrastructure investments, the quantities to produce and ship, the timing of shipments, where to hold inventories, and which firms should be responsible for which activities. The management of supply chains is difficult and complicated, but essential in the modern economy.
Business Communications II
The focus of this course is to continue building on the communication and career management skills acquired in Business Communication I through a team-based consulting project with a real client. The course objective is developing the oral, written and presentation skills needed for success in a team-based work environment, with an emphasis on effectively communicating with clients and supervisors through email, memos, telephone calls and spreadsheets and creating team-based presentations and reports related to the consulting projects with local companies.
Master of Management Studies: Duke Kunshan University students will experience a hands-on, collaborative, business education through rigorous courses held on campus at both Duke University in Durham, NC, and at Duke Kunshan University in Kunshan, China. Contact us for further information, or begin your application today!