The Kellogg School of Management at Northwestern University, offers several courses that combine science and business, including this one in Baltimore in association with The Johns Hopkins School of Medicine.
A course titled “Business for Scientists” is offered over the course of three modules in the spring of 2007.
Module 1: March 12-14, 2007
Module 2: April 12-14, 2007
Module 3: May 19-21, 2007
The website provides this description of the course:
This certificate program offered in association with Johns Hopkins School of Medicine is designed to introduce scientists, research faculty, post-doctoral fellows and doctoral students to business concepts and industry specific tools and frameworks. Basic knowledge in accounting, strategy, finance, marketing and management of organizations will be covered and its relevance applied to the biomedical sector. Faculty will discuss the structure and dynamics of the biomedical sector and walk through the process of building a biotechnology firm, from value identification to value capture. This “mini-MBA” will enable the participants to think of how innovation moves from bench to market.
Key Benefits:
* Apply business skills to the biomedical sector
* Learn how innovation moves from bench to market
* Management skills for start-ups
Program Content:
Accounting for Decision Making
Financial flow charts and Reports
Accounting data for internal management
Accounting information, management, planning and decision making
Mathematical and Statistical Methods for Management Decisions
Probability, statistics and decision theory basics
Decision trees
Regression
Finance
Discounted cash flow valuation
Stock and bond valuation
Portfolio theory
Asset pricing models and efficient markets
Strategies for Leading and Managing Organizations
Social networks and alliances
Organizational design
Strategic negotiations
Business Economics and Strategy
Economic analysis and optimal decisions
Consumer choice and demand for products
Frameworks for evaluating and formulating business strategy
Marketing Management
Marketing environment and decision making
Organization’s products, prices, channels and communication
Planning and control of marketing efforts
Dynamics of the Life Science Industry
Overview of the Bio-medical sector
Tools and decision-making skills needed to identify, enhance, capture value in life science organizations
Biotechnologies as drivers of change in value chains
Management of Intellectual Property
Trade secrets, patents, copyrights and trade marks
Management of patent portfolio
Life cycle of an innovation and Best Practices
Politics and Regulatory Issues in Corporate Strategy
Analysis and management of non-market threats and opportunities
Identify patterns of behavior and outcomes
Integrated strategies in domestic and international business environment
Who should Apply:
This course is suitable for scientists, doctoral students, fellows and research faculty who would like to learn management skills for start-ups or pursue careers in the biomedical industry
Location:
The course will be taught at the Mt Washington Conference Center 5801 Smith Avenue, Baltimore-Johns Hopkins facility
If you are interested in learning more about this course, please visit their website.
