The program's core courses are delivered throughout the first five terms. For more information about term themes and residencies, visit GEMBA Curriculum.
Term 1: Leading the Global Enterprise
Term 2: Global Capabilities and Opportunities
Term 3: Managing and Sustaining Organizations Across Different Cultures & Contexts I
Term 4: Managing and Sustaining Organizations Across Different Cultures & Contexts II
Term 5: Entering New Cultures and Contexts
Term 6: What’s Next and Creating the Future
GEMBA Accounting for Managers
Accounting for Managers provides terminology, frameworks and concepts with which to understand and analyze the financial consequences of business activities. Students gain considerable financial statement, financial analysis and financial management expertise to enhance their decision-making capabilities.
GEMBA Business Ethics
Business Ethics encourages students to think deeply about the nature of business, the responsibilities of management, and how business and ethics can be put together. Operating from an international managerial perspective, students address a range of themes in the class, including: basic concepts in ethics, responsibilities to stakeholders, building blocks of markets, corporate culture, the sources of ethical breakdowns in organizations, managerial integrity, value creation, and personal values and managerial choice.
GEMBA Decision Analysis
Decision Analysis presents a philosophy for framing, analyzing and proactively managing decisions involving uncertainty, whether the uncertainty results from general conditions or the actions of competitors. The course will focus on making the uncertainty explicit so that it can be objectively analyzed, and it will also focus on proactively managing risk by recognizing and exploiting opportunities to reduce exposure to uncertainty. Tools and techniques to support these objectives include risk profiles, expected value, simulation, sensitivity analysis, discounted cash flows, analytical probability distributions, data analysis, sampling theory, regression, decision trees, value of information, value of control, downstream decisions, real options and game theory.
GEMBA Financial Management and Policies
Financial Management and Policies covers the fundamental financial and investment decisions that a corporation makes. Specifically, it analyzes how firms make investments in projects and what returns they should be seeking as well as how they finance these investments and how they think about distributions to shareholders. Students who possess some experience in finance will find this course an opportunity to broaden their understanding of the field to include a general management and global perspective. Students who are new to the field are urged to look beyond the mastery of terms, tools and techniques toward the managerial insights that an understanding of finance can help develop.
GEMBA Global Economies and Markets
Global Economies and Markets applies the ideas and methodologies of economics to the analysis of the business environment. The course is particularly focused on domestic and foreign firms operating in the countries of the GEMBA residency locations and on economic issues that arise when firms enter new markets or integrate their operations across many countries. In addition, the course integrates its tools for understanding the process of economic development with a broader understanding of the role of firms and their leaders in emerging markets and mature economies.
GEMBA Global Leadership Explorations (GLEs)
GLEs are a series of courses that take advantage of unique learning opportunities specific to the residency locations and include on-the-ground activities that help students better understand how local cultures and practices influence and shape business. GLEs are interdisciplinary and involve learning activities before, during and after each residency. Learn more about Global Leadership Explorations.
GEMBA Leading Organizations
Leading Organizations helps students cultivate a global mindset and develop a repertoire of tools to influence behavior in organizations. As a foundational skill of the course, students learn to take a global leadership point of view, identify the critical business and people challenges in any global situation, understand the drivers of those challenges and take appropriate managerial and leadership action.
GEMBA Management Communication
Management Communication provides the guidance and hands-on experience that allow students to communicate more effectively as managers and leaders. The course examines communication strategies essential for business success, identifies individual strengths and goals, practices activities that build upon proven competencies, and offers practice in new approaches. Students gain comfort and skill in a personal communication style that is authentic, credible and authoritative.
GEMBA Managing Global Processes
Managing Global Processes develops a sense of executing strategy in a global organization. The course focuses on the company’s processes, the activities that are related to costs and revenues, the supply chain, and decision making regarding best choices. Excellence in process management creates strategic opportunities by building new capabilities or by freeing resources for alternative uses.
Marketing provides an introduction to consumer behavior and marketing analytics. Students confront difficult marketing issues faced by companies in the United States and abroad. Using cases, technical notes and a large-scale interactive marketing simulation, the course challenges students to build a set of frameworks for analyzing the wants and needs of potential customers, creating products and services that they value and delivering these products and services to the marketplace at a profit.
GEMBA Operations Management
Operations Management conveys both the fundamentals of operations and the understanding that the link between operations and performance is a crucial source of competitive advantage. Managing the underlying processes by which firms create and deliver value is at the heart of the operations function in every line of business, and this course focuses on how to do this well.
GEMBA Strategic Thinking and Action
Strategic Thinking and Action invites students to understand and appreciate the role of purpose, values, capabilities, and organizational distinctiveness in creating, building and shaping a business enterprise within a global setting. The objective of the course is to enhance students’ abilities to design, evaluate and execute a firm’s strategy in order to create value in a sustained superior fashion for key stakeholders of the enterprise. Taking an action-based orientation, the course reinforces and revitalizes the enterprise management perspective — the core mission of the Darden School.
GEMBA Understanding Global Markets
Understanding Global Markets addresses the key issues facing managers interacting with global markets. The first module focuses on analyzing and understanding the drivers of enterprise success, and the second module focuses on taking action to create value. The main objectives of the course are to 1) understand the differences in selling a product in the U.S. versus the world (customer, cultural, segmentation issues), and 2) understand global financial markets, regulatory issues and global financial risks. The course will explore the themes of the flat world versus the lumpy world and will cover topics such as country endowment, country clustering and specialization, affect/brand recognition, global distribution channels, shareholder value perspective, global macroeconomic parity relationships among interest rates, exchange rates and inflation rates, global capital raising, global capital markets, and risk management.