Courses for Non-GSB Students Taught by Business School Faculty

ECON 90/190. Introduction to Financial Accounting

This course covers how to read, understand, and use corporate financial statements. Oriented towards the use of financial accounting information (rather than the preparer), and emphasizes the reconstruction of economic events from published accounting reports.

ECON 91/191. Introduction to Cost Accounting

This course covers the use of internal financial data for managerial decision making.

FINANCE 221. Finance for Non MBAs

This course, intended for graduate students and advanced undergraduates, covers the foundations of finance with applications in corporate finance and investment management. It discusses many of the major financial decisions made by managers and investors, emphasizing the process of valuation. Topics include criteria for making investment decisions, risk and return, market efficiency, capital structure, and the valuation of derivative securities (e.g., options). The course also provides coverage of the major financial instruments issued by corporations including debt, equity, and convertible securities. Prerequisite: ability to use spreadsheets, knowledge of basic probability and statistics concepts, including random variables, expected value, variance, covariance, and simple estimation and regression. For registration questions about this course, please contact the Graduate School of Business at academic_operations@gsb.stanford.edu.

LAW 226. Accounting

This is an introductory course in Financial Accounting. In general terms, financial accounting is the process of measurement and disclosure of the financial condition and results of operations in business entities. The course is aimed at developing students' ability to read, understand, and use corporate financial statements. To this end, the course will provide an introduction to: (1) essential accrual accounting concepts, principles and conventions; (2) the mechanics of preparation and presentation of the accounting records and financial statements prepared by a business; (3) the use and misuse of accounting information; and (4) elementary financial analysis of financial statements. The course will include business cases for class discussion, and extra review/problem sessions as and if requested by participants

LAW 262. Corporate Finance

There are many contexts in which lawyers need an understanding of finance. For example, many of the disputes that give rise to litigation center on the financial valuation of firms and the securities they issue. In addition, an understanding of firms' capital structures and the design of corporate securities is necessary in analyzing many legal issues, especially those arising in corporate transactions, executive compensation, and bankruptcy proceedings. This course is designed to provide students with a rigorous conceptual understanding of finance and to give students the analytical tools needed to make financial decisions and value financial securities. The course stresses problem solving and includes problem sets, cases, and a midterm and final examination. The course is designed to be accessible to students with a fairly limited mathematical background. In general we will not assume any knowledge of mathematics beyond high-school algebra. Special instructions: This course is not open to JD/MBA students or students with substantial prior background in finance.

LAW 327. Introduction to Organizational Behavior

This course relates existing theory and research to organizational problems by reviewing basic concepts in a number of areas including: individual motivation and behavior, decision making, interpersonal communication and influence, team and small group behavior, and individual, dyadic, and intergroup conflict and cooperation. The course focuses on the ways in which organizations and their members affect one another and exposes students to frameworks for diagnosing and dealing with problems in organizational settings. Students participate in a number of group exercises to illustrate course principles and to give them practice not only diagnosing organizational problems but also taking action to improve team and overall organization performance

PUBPOL 204. Economic Policy Analysis

The relationship between microeconomic analysis and public policy making. How economic policy analysis is done and why political leaders regard it as useful but not definitive in making policy decisions. Economic rationales for policy interventions, methods of policy evaluation and the role of benefit-cost analysis, economic models of politics and their application to policy making, and the relationship of income distribution to policy choice. Theoretical foundations of policy making and analysis, and applications to program adoption and implementation. Prerequisite: ECON 50(Same as ECON 150, PUBLPOL 204.)

PUBPOL 301A. Microeconomics

Microeconomic concepts relevant to decision making. Topics include: competitive market clearing, price discrimination; general equilibrium; risk aversion and sharing, capital market theory, Nash equilibrium; welfare analysis; public choice; externalities and public goods; hidden information and market signaling; moral hazard and incentives; auction theory; game theory; oligopoly; reputation and credibility. Prerequisites: ECON 50 and MATH 51 or equiv. (Same as IPS 204A.)

PUBPOL 301B. Cost-Benefit Analysis and Evaluation

Relationship between microeconomic analysis and public policy making. Economic rationales for policy interventions. Economic models of politics and application to policy making. Relationship of income distribution to policy choice. Welfare evaluation of public and private decisions. Education policy, social security, and health care. Prerequisite: PUBLPOL 301A or ECON 51. (Same as IPS 204B.)

GSBGEN 111Q. Seminar in Entrepreneurial Communication

College campuses have been the incubators for thousands of new business ventures. What makes the difference between a successful entrepreneur and an initial failure out of the gate? It's often not the quality of the idea, but rather the ability of the entrepreneurs to successfully communicate their vision to potential investors, employees, and customers. This seminar will explore successful and failed entrepreneurial communication. Students will learn the basics of persuasive oral and written communication, and then apply these principles to their own ideas.