POLYTECHNIC UNIVERSITY 2005-2007

MANAGEMENT OF TECHNOLOGY PROGRAM
MG 796 Modern Financial
Institutions and Their Competitive
Environment 2 1 ⁄2:0:0:3
Unique course intersects technological
innovation and management with regard
to the financial services industry. Course
focuses on the management of modern
financial enterprises, innovation and
technology management in these organizations,
and the risk-return tradeoff from
a financial-institution perspective. Deals
with both the theory and practice of
financial institutions by analyzing the
regulatory, technological and competitive
factors that define the dynamics of this
rapidly changing industry. Knowledge in
this course is developed primarily
through a mixture of textbook reading
assignments and discussions of concepts
in real business contexts through case
studies. Course objective is to provide
technology managers with a firm knowledge
of the normative consequences on
financial management decision-making
to create shareholder value. Prerequisite:
MOTIFS Track only.
MG 797 Financing for Value Creation
1 1 ⁄2:0:0:1 1 ⁄2
Organized around the key-creating strategies
and financial skills required by managers
of entrepreneurial and innovative
firms at various stages of evolution: from
new, stand-alone entrepreneurial ventures
to innovative, technology-driven projects
of established corporations.
MG 798 Managing Technological
Innovation and Emerging
Technologies in Financial Services
2 1 ⁄2:0:0:3
Introduces emerging information technologies
and their applications in financial
services industries to current and
future managers. Covers three major
financial services industries: banking,
investment and insurance. Students
develop deeper understanding of concepts
and analyze real-business context
through case studies. Course provides
adequate technical knowledge and discusses
in depth related managerial issues.
MG 799 Modern Financial Products
2 1 ⁄2:0:0:3
Examines critical management issues of
the technology domain that characterizes
modern financial products used for
investment, hedging or trading purposes.
The description and use of these instruments
were introduced in MG 796 and
MG 693, which provide the necessary
background discussion of information
technologies and systems. Course’s principal
focus is on managing the technological
challenges in the valuation and risk
management of these data-intensive modern
financial products. Prerequisites: MG
796 and MG 693. MOTIFS Track only.
MG 820 Project Management and
Assessment for Technology Managers
variable 1 1 ⁄2/3units
Managing technology-based projects
ranging from individual research and
development to large-scale and complex
technological systems. Feasibility and
risk analysis. Project selection and portfolio
optimization. Alternative financing
methods. Functional and administrative
structures, coordination and scheduling
of activities, personnel planning, negotiations,
contracts and computer-based techniques.
Cost estimation, capital budgeting,
cost controls and effective matrix
management. Actual case studies are used
as are relevant project management software
applications.
MG 865 Managing Innovation
2 1 ⁄2:0:0:3
Examines key managerial features of
modern innovation. Identifies diverse
ways firms can access innovative capabilities.
The managerial interplay
between technology and management
leading to innovation in the marketplace
is a major focus of discussion and work.
Important substantive themes include: (1)
the variety of innovation processes existing
in the modern economy, such as radical
vs. incremental, product vs. process
vs. service vs. system and physical vs.
digital; (2) the diversity of corporate settings
in which modern innovation takes
place, e.g., large corporation vs. small
firm or start-up vs. networked organizations;
and (3) the sources of modern innovation,
e.g., developers, users, suppliers,
universities and other third parties.
MG 950 MOT Capstone Project
Course 2 1 ⁄2:0:0:3
Provides a capstone, integrative and
state-of-the art intellectual experience for
participants at the conclusion of the program.
The class focuses on a selected
major subject that is of broad and compelling
managerial concern and that is
related in important ways to the innovation,
technology-intensive and/or information
business arenas. Students are initially
divided into small groups to tackle
various aspects of the overall subject;
individual participants are expected to
submit their own analysis of a specific
issue or firm associated with the general
subject. Participants are encouraged to
employ concepts and insights they have
acquired during the course of the entire
program
FE 603 Money, Banking and Financial
Markets
3 units
The perspectives of this course extend
beyond a managerial focus within individual
enterprises to the financial services
industry as a whole. The course analyzes
key environmental variables that
have a significant impact on how financial
services companies are managed
such as: monetary policy, which determines
interest rates; and regulatory policies,
which prescribe the constraints
within which financial services companies
must operate. The course also focuses
on the important role of information
technology in the banking environment.
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