GLOBALIZATION 2015 : Overcoming the challenges


Welcome aboard

Dear Globalized student

Welcome aboard and congratulations in joining the Globalization seminar on the worldwide extension of the market economy. As you know, the seminar is coming up soon! It is scheduled from Monday, September 14 to Friday, October 10, 2015, which is the final examination day.

Over the last 30 years, I have spent most of my professional time in the global finance industry, and what has become striking to me is that what makes you stand out in the competitive global market is not so much your technical skills (of course, that’s a prerequisite), but rather your ability not to lose sight of the global picture. That involves transforming information into an efficient economic intelligence strategy. In a nutshell, your grasp of the risks and opportunities of globalization will always differentiate you from your peers.

The seminar is organized around a combination of videos and quizzes, PDF files, exercises, online reports and chats, as well as discussions about the latest “breaking news”. Hit the ground running! A bit of preparatory work and warming up is strongly recommended to get ahead of the game.

Top priority: get access to the California-based UDEMY academic platform and register: UDEMY. Start by working on the background documents, read the modules and engage yourself in online exchanges. Get in touch with all the members of your group with whom you will have to work and write the Research Report to be submitted at the end of the seminar. Success in an online class depends on your self-discipline and participation. In addition, start today (or tonight) to read the breaking news and data regarding globalization because you will be expected to participate in debates on globalization “hot spots”. Globalization is the turbulent background each of you will face throughout your successful career. Competitive and entrepreneurial mind-sets are the driving forces in the globalized job market. Today, managers should be like triathlon athletes, able in global business, in global governance and in global sustainable development.

At Skema Business School, we want to train global minded and agile professionals with both skills and values. I hope you will draw the maximum benefits from this global cultural melting pot. We hope you will enjoy, and you will contribute to, lively and mutually fruitful exchanges.

Looking forward to seeing you shortly

Michel Henry Bouchet

Distinguished Finance Professor, SKEMA

Strategy Director, North Sea GEM


Course highlight & Seminar overview


Course summary

For a successful business strategy, understanding the spill-over effect of macroeconomic, financial and geopolitical trends matters! At SKEMA, a full team combining strong professional and academic backgrounds is there to help you assess the risks and opportunities of globalization. Throughout the MOOC, we shall tackle not only competitiveness, offshoring strategies, risk management or financial flow issues, but also governance, geopolitical turmoil and sustainable development. Indeed, the global crisis casts light on a key challenge of globalization, namely, providing a social and long-time horizon to the market economy.

What will I learn?

Five main takeaways of MH Bouchet’s MOOC on Globalization.

01 Assessing the risks and opportunities of globalization regarding investment, trade and finance, and understanding the spill-over effects of macroeconomic and geopolitical trends on business strategy

02 Looking at long-term trends, beyond quarterly reporting, with cross-country comparisons and historical perspectives

03 Working in a multi-cultural team, while transforming information and data into economic intelligence reports. Group debates will be the key for consensus building

04 Benefiting from the expertise of a team of professional instructors who combine strong academic skills and operational experience: globalization is a concrete and dynamic process

05 Combining a wide range of challenging activities, including online group debates, “breaking news” discussions, team reports, interviews, rankings and ratings

Prerequisites

Prior academic knowledge or operational experience are not required. Motivation, tenacity, team work, and a willingness to learn are essential. Ideally, you'll join the class with at least a rough idea of the post WWII international economic system and its institutional framework (World Bank, IMF, UN system, BIS, OECD…).

A bit of preparatory work and warming up is strongly recommended: start to read and absorb breaking news and data regarding globalization because you will be expected to participate in lively debates. So watch the news to keep abreast of globalization “hot spots”, e.g.:

www.cnn.com/ www.bis.org http://www.imf.org/; www.ft.com/ www.bloomberg.com, www.iie.com, http://www.iie.com/research/researcharea.cfm?ResearchTopicID=22#politics , www.developingfinance.org , etc.

Certification

To be certified, you need to follow all modules and complete a two-fold assessment (50% each):

01 A group report consisting of a high quality 6 page document (PDF or Word Times Roman- 12). Grades will range from 0 to 20, depending on value added and quality of analysis and presentation. The group report (team of six students) will tackle a global issue, that could be in management, marketing, finance, sustainable development, or any other issue with a global dimension (e.g., offshoring strategy, M&As, international bond issue, corporate governance…). The report is to be well structured, with an introduction and a conclusion, and annexes including key references. The report will be submitted to URKUND for plagiarism control. Plagiarism will lead to a failing grade. A selection committee will select 3 of the best reports per campus to grant a prize based on three criteria (innovation, quality of analysis, and quality of topic). An on-line book will be published with the 25 best reports.

02 A final examination will take place on October 10th in each Skema Business School campuses (Raleigh US, Suzhou China, Paris-Nice-Lille France). For students outside SKEMA, special assignment on line will be provided.


Globalization 2015 fIles (pdf)


Download all files (zip archive)


Frequently Asked Questions


Why a MOOC “Premium” format ?

The advantage of a MOOC is to provide a course for a worldwide public. Wherever you are (on/off campus), whoever you are (SKEMA students or not), you can benefit from this true global experience. Fully online, you can also benefit from conferences on campus at set dates (Paris, Nice, Lille, Raleigh, Suzhou).


When does the course begin?

This class is opened from the 14th of September 2014 until the 10th of October. It is self-paced, though you have to reach weekly goals. Make sure you stick to the deadlines in order to avoid last minute work where you learn very little.


Can I skip individual videos? What about entire lessons?

Yes! The point is for you to learn what YOU need (or want) to learn. If you already know something, feel free to skip ahead. If you ever find that you’re confused, you can always go back and watch something that you skipped. You can also reach the academic team if needed.


What about the team project?

To get a truly global experience, nothing better than a teamwork to confront different ideas, especially if your team is from different nationalities. The project is a research report where you analyse a problematic your team chooses to tackle. Highly demanding, this investigation will require many team meetings. To succeed in this task, we ask you to nominate weekly leaders who will be in charge to make it happen! You are free to choose the tools to communicate online (facebook group, linkedin group, wiki etc.). If you want to be certified, you will have to undertake this team project. This task counts for 50% of the evaluation.


How much does this cost?

It’s completely free! We would appreciate getting your feedback, as well as your exchanges on the course discussion forum. At the end of the seminar, you must assess it on UDEMY. This will help us fine-tuning and improving.


What are the rules on collaboration?

Collaboration is a great way to learn. The key is to use collaboration as a way to enhance learning, not as a way of sharing answers without understanding them. Sharing benefits learning. In-group collaboration for the final report, or cross-group collaboration in similar topics is a good way to share the knowledge and to be exposed to different experiences. Openness to different ideas and perspectives is a quality that you want to develop during the seminar experience. The key rule is: collaborate so that you can maximize the learning process and the quality of exchanges with your colleagues.


Why are there so many questions?

MOOCS classes are a little different from traditional courses. We link our video segments with interactive questions. There are many reasons for including these questions: to get you thinking, to check your understanding, for fun, etc... The main point is to help you learning. They are not there to evaluate your IQ, so don’t get stressed.


What should I do while I am watching the videos?

Learn actively! You will retain more of what you learn if you take notes, draw diagrams, make notecards, and actively try to make sense of the material. Get close to the coffee machine (and a couple of aspirin pills?)