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FortuneTimes Group | Internship Study Program

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Strategic Management and Finance Program

Summer School

FortuneTimes Group Wall Street | New York

©FortuneTimes Group | Strategic Management and Finance Program | Summer School


Strategic Management and Finance Program Summer School

Dear Students,

The Academy of FortuneTimes Group is pleased to hold our Summer Study

Programs in the heart of Wall Street. Designed for students from all major fields of

study, this program will accelerate your understanding of the socioeconomic, political

and cultural influences shaping Global Business and Financial Markets. Together with

business immersion and cultural activities, you will gain insights into and an

appreciation of New York City’s business culture.

Financial Management Theory and Practice, and Strategic Management courses will

be conducted by FortuneTimes Group professors, and will provide a well-rounded

Finance and Strategic Management experience. Students will receive a Certificate of

Achievement upon successful course completion. FortuneTimes Group will conduct

visits to places and institutions that imbue the City of New York with its rich cultural

legacy. Museums, art galleries and famous business land-marks will transport

participants through History.

Join us in exploring New York City as the world’s capital of Finance and Business.

Industry experts will guide through the process of cultural immersion.

We will be together for a period of 6 weeks during the Summer School. Coursework

will consist of 12 hours of accelerated study each week, Monday through Thursday

mornings (9 A.M. – 12 P.M., Eastern Standard Time). Afternoons will be devoted to NYC

guided tours and cultural immersion activities.

Please consult our website for more information regarding the program.

Inquiries may also be sent to [email protected]

We look forward to meeting you!



General Information

Summer School July 9, 2018 – August 17, 2018 (6 weeks)

The programs will take place at the Academy of FortuneTimes Group, and will cover a period

of 6 weeks in Summer. The Program will consist of 12 hours of intensive courses per week, held

on Monday through Thursday mornings (9 A.M. – 12 P.M. Eastern Standard Time).

The Program Methodology is focused on 5 interrelated elements: Business Skills, Industry

Knowledge, Professional Networking, Cultural Experience, and Management Strategy.

The curriculum covers two courses in the following subjects:

• Strategic Management in United Stated of America

• Financial Management: The Theory and Practice

The courses will be complemented by Business Site Visits. Students will also participate in social

networking with New York students and professionals, interviews with executives, and cultural

tours, to gain the industry knowledge, networking, cultural understanding, and strategic

management insights of New York City and businesses.

Following the successful completion of the New York Program, students will receive a

professional certificate with college credit from the Academy of FortuneTimes Group.

Program Benefits

• Accelerated understanding of the socioeconomic, political and cultural influences that

shapes global markets.

• Business Networking opportunity on Wall Street.

• New York cultural immersion.

• Academic course credit in Strategy and Financial Management.



Cultural and Business Site Visits

Industry Knowledge with Business Site Visits

Below are some of the visits that may be available:

o New York Stock Exchange (NYSE)

o United Nations

o Federal Reserve Bank of NY

o Bloomberg L.P.

o Fox Broadcasting Company

o MSNBC

o Google

o World Bank

o American Express

o Capgemini

o Sibilla Capital

o Bank of America

o Deutsche Bank

o Citibank

o Goldman Sachs

o New York Attorney General

o Morgan Stanley

o World Economic Forum

Cultural Activities

Cultural and New York City Activities: Included in the

program are arts & cultural tours and activities in New

York City, visits to companies and universities. Here are

some of the activities that may be available:

o Top of the Rock

o Empire State Building

o Ground Zero, 9/11 Memorial Museum

o Statue of Liberty

o Ellis Island

o Metropolitan Museum of New York

o American Museum of Natural History

o Intrepid Sea, Air & Space Museum

o Central Park Tour

o Central Park Zoo

o Broadway Show (Lion King)

o The Wall Street Tour (Trinity Church, Bull,

NYSE, Federal Reserve Bank)

o Times Square Tour, Grand Central Tour

o Brooklyn Bridge Tour

o 5th Avenue, Apple Store

o One World Observatory

o St. John’s Cathedral

Professional Networking with Wall Street Professionals Professional Networking Events with Wall Street Professionals will be hosted by FortuneTimes Group.

Schedule will be announced before the start of the program.



CSM-100 Course Outline

Corporate Strategy and Strategic Management

The course provides the classic industrial organization model with a resource-based view of the firm to give

students a complete understanding of how today’s businesses use strategic management to establish a

sustained competitive advantage. The course examines the latest cutting-edge research and strategic

management trends with ideas from some of today’s most prominent scholars. A strong global focus and

carefully selected examples from emerging and established American companies place ideas into context

within an inviting, practical presentation. Students are required to work on cases focusing on a variety of

topics, organizational settings, and industries. Companies and organizations highlighted include e*Trade,

Sirius XM, Boyds Black Canyon Coffee, Herman Miller, Krispy Kreme, and many more. Cases exemplify how

actual national and international organizations use strategic management processes to outperform rivals,

including full financial analyses. Students will examine a broad range of critical issues confronting managers

today. Students will learn how to effectively apply strategic management tools and techniques, to increase

performance and their organization’s competitive advantage.

Summer School 6 Weeks

Course Topics

Week 1-2

Part 1: STRATEGIC MANAGEMENT INPUTS.

1. Strategic Management and Strategic Competitiveness.

2. The External Environment: Opportunities, Threats, Industry

Competition, and Competitor Analysis.

3. The Internal Organization: Resources, Capabilities, Core

Competencies, and Competitive Advantages.

Week 3-4

Part 2: STRATEGIC ACTIONS AND STRATEGY FORMULATION.

4. Business-Level Strategy.

5. Competitive Rivalry and Competitive Dynamics.

6. Corporate-Level Strategy.

7. Merger and Acquisition Strategies.

8. International Strategy.

9. Cooperative Strategy.

Week 5-6

Part 3: STRATEGIC ACTIONS: STRATEGY IMPLEMENTATION.

10. Corporate Governance.

11. Organizational Structure and Controls.

12. Strategic Leadership and Entrepreneurship.



FMT-100 Course Outline

Financial Management: Theory and Practice

This course provides a thorough understanding of the financial theory essential for developing and

implementing effective financial strategies in business today. It presents a striking balance between

solid financial theory and practical applications. Students gain a strong working knowledge of today’s

financial environment by examining recent financial crises; the global economic crisis; and role of

finance in the world, business. Students will be engaged with presentations, examples, and the use of

Excel spreadsheets to make sound financial decisions in business. The course progresses from an early

presentation of fundamentals to specific techniques and discussions that guide students in maximizing

the value of a firm. Students will gain hands-on experience with financial research and analysis using

the same tool that professional brokers and Wall Street analysts use daily. Presenting financial

statements early within the course provides a clear picture of what financial management is all about.

Students will understand how the effects of financial decisions are shared throughout the firm. Early

introductions to risk analysis, discounted cash flow techniques, valuation procedures, and EVA/MVA

allows the students to use and reinforce these key concepts throughout the course.

Summer School 6 Weeks

Course Topics

Week 1-2

PART I: FUNDAMENTAL CONCEPTS OF CORPORATE FINANCE.

1. An Overview of Financial Management and the Financial Environment.

2. Financial Statements, Cash Flow, and Taxes.

3. Analysis of Financial Statements.

PART II: FIXED INCOME SECURITIES.

4. Time Value of Money.

5. Bonds, Bond Valuation, and Interest Rates.

Week 3-5

PART III: STOCKS AND OPTIONS.

6. Risk, Return, and the Capital Asset Pricing Model.

7. Stocks, Stock Valuation, and Stock Market Equilibrium.

8. Financial Options and Applications in Corporate Finance.

PART IV: PROJECTS AND THEIR VALUATION.

9. The Cost of Capital.

10. The Basics of Capital Budgeting: Evaluating Cash Flows.

11. Cash Flow Estimation and Risk Analysis.

Week 6

Part 3: STRATEGIC ACTIONS: STRATEGY IMPLEMENTATION.

10. Corporate Governance.

11. Organizational Structure and Controls.

12. Strategic Leadership and Entrepreneurship.



Week 1: Building a Framework of Understanding

In our first week, students will be presented with two different frameworks, within which our

courses will explore key concepts and issues. The first framework will incorporate fundamental

concepts in terms of strategy and strategic management. The second framework will incorporate

fundamental concepts in terms of Finance and Financial Management. These frameworks will

establish common terminology and methodologies for examining pertinent issues. In addition,

students will be introduced to the Case Study Method which will be used for analysis and synthesis.

Students will also use the Case Study Method during week six, during their group presentations.

Case studies enable accelerated learning.

Dates Course Information Daily Schedule

Monday Orientation

Reception

Orientation: 02:00 PM – 05:00 PM

Welcome Reception: 06:00 PM

Tuesday Strategic Management

Framework

Strategic Management in USA: 09:00 AM – 12:30 PM

Lunch: 12:30 PM - 01:30 PM

Cultural or Business Site Activities: 01:30 PM – 05:00 PM

Wednesday Fundamental Concepts of

Corporate Finance

Financial Management: 09:00 AM – 12:30 PM

Lunch: 12:30 PM - 01:30 PM


Thursday Fundamental Concepts of

Corporate Finance


Lunch: 12:30 PM - 01:30 PM




Week 2: Implementing Strategic

and Financial Analysis With Strategic and Financial Frameworks in hand, during Week 2 we begin the process of Case

Analysis and Case Discussion. Students will be presented with examples of cogent analyses, so that

they may model these in their own work. Case Studies will be distributed to students, and students

in small groups will begin their analyses. Faculty are available to provide direction and feedback

during the analytic process, however students will be responsible for the quality of their analyses,

beginning with week two, and continuing through week six.


Monday

Strategic Management

Inputs:

Constituencies


Lunch: 12:30 PM - 01:30 PM


Tuesday

Strategic Management

Inputs:

Short-Term Exigencies vs.

Long-Term Planning Needs


Lunch: 12:30 PM - 01:30 PM


Wednesday Fixed Income Securities


Lunch: 12:30 PM - 01:30 PM


Thursday

Variable

Income Securities

And Innovative Products


Lunch: 12:30 PM - 01:30 PM




Week 3: Building Expertise in Case Study Analysis

Week three of our program is designed to build expertise in case study analysis, through discussion

and feedback. Case studies must be read and re-read, in order for the analytic process to be

successful. To their surprise, students often discover that detailed strategic and financial analysis

is more demanding than originally thought, and that there are many layers of information which

must be weighed and analyzed in order for there to be clarity. Linking these analyses to the

fundamental frameworks presented during Week One, offers additional challenges. Week three

also begins preparations for the capstone presentation assignments in week six. Students will be

provided grading rubrics to guide their assignment preparations.


Monday Strategic Action:

Case Study


Lunch: 12:30 PM - 01:30 PM


Tuesday Strategic Action:

Case Study


Lunch: 12:30 PM - 01:30 PM


Wednesday Financial Analysis Case

Study


Lunch: 12:30 PM - 01:30 PM


Thursday Financial Analysis

Case Study


Lunch: 12:30 PM - 01:30 PM




Week 4: Adding Value to Case Study Analysis

Week four has two interrelated goals: first, to incorporate the element of different schools of

thought in terms of Financial Analysis and Business Strategy; second, to incorporate these schools

of thought to the case studies being analyzed. It is not enough to merely analyze factual information

regarding a business enterprise. The challenge is to place one’s analysis in the context of an industry

and in the context of scholarly research and erudition. Corporate enterprise exists and interacts in

many different domains, and with primary and secondary impacts. Given uncertainty, the many

constituencies involved, and the latest thought with regard to global enterprise, students will be

challenged to make their case study analyses multi-dimensional and more global. Success in week

four provides the foundation for the second half of our academic program, and adds significantly

to the frameworks presented in week one.


Monday

Strategic Action:

Competitive Advantage

(Porter)


Lunch: 12:30 PM - 01:30 PM


Tuesday

Strategic Action:

Delta Project

Response to Porter

(Hax)


Lunch: 12:30 PM - 01:30 PM


Wednesday Stocks and Options


Lunch: 12:30 PM - 01:30 PM


Thursday Valuation of Capital

Budgeting Projects


Lunch: 12:30 PM - 01:30 PM




Week 5: Preparing Capstone Presentations The focus of week five is in our preparation for the capstone presentations in Finance and Financial

Management, and Strategy and Strategic Management. There will be two different capstone

assignments, each build upon the foundation of Case Analysis, and each graded based upon specific

grading categories and grading rubrics. Thus, students will have to apply their frameworks of

understanding and their analytic methodologies to two different, but related, corporate areas.

During week five, students will complete the writing of their analyses with their groups, plan and

complete graphical exhibits which will be designed to inform their work, and place their analyses in

the context of recent research and thinking about global enterprises.


Monday Group Presentation


Lunch: 12:30 PM - 01:30 PM


Tuesday Group Presentation


Lunch: 12:30 PM - 01:30 PM


Wednesday Group Presentation


Lunch: 12:30 PM - 01:30 PM


Thursday Group Presentation


Lunch: 12:30 PM - 01:30 PM




Week 6: Final Capstone Presentations Week six culminates in group presentations in Finance and in Strategy. These presentations will

have taken much time and collaborative effort to produce. Incorporating the frameworks

introduced during week one, and building upon the concepts and scholarly articles offered in

succeeding weeks, capstone presentations will take place during each morning of week six.

Students will have the opportunity to receive feedback in written and verbal form, and will come

away with a permanent record of their accomplishments.


Monday Group Presentation


Lunch: 12:30 PM - 01:30 PM


Tuesday Group Presentations


Lunch: 12:30 PM - 01:30 PM


Wednesday Group Presentations


Lunch: 12:30 PM - 01:30 PM


Thursday Group Presentations


Lunch: 12:30 PM - 01:30 PM




Program Committee Rachel Yager, Ph.D.

Founder and CEO, FortuneTimes Group

Dr. Rachel Yager is the founder of FORTUNETIMES Group, Inc. (FTG), a New York based professional development

and consulting firm that focuses on accelerating individual and organizational understanding of the convergence of

business, technologies and global best practices. FTG offers educational and business consultation to a variety of

businesses, including Fortune 500 companies.

Dr. Yager serves on the Board of Delta Mu Delta International Honor Society in Business, as its Northeastern Regional

Representative. She is also a Professor and MBA Program Director at the School for Business at Metropolitan College of

New York; she currently serves on MCNY Board as a Faculty Trustee. Dr. Yager’s management expertise spans both High

Tech and Financial Services. She had held management positions in major corporations in Asia, Europe, and USA; she

has directed Internet strategies and delivered client services for Citigroup, Lehman Brothers, and Ernst & Young. She

specializes in developing business strategies using emerging technologies in computational intelligence, knowledge

engineering, decision and business analytics.

Dr. Yager was on the program committee of the IEEE Symposium on Computational Intelligence for Financial

Engineering and Economics, and she had served in the World Wide Web consortium (W3C) advisory committee. She is

knowledgeable in external partnerships and international collaborative efforts, including European Commission

research consortium, emerging markets and Asia economic growth projects.

In her consulting practice, Dr. Yager continues to advise Fortune 500 companies and executives in emerging

technologies and new product R&D, she helps companies accelerate technology transfer from leading research and

academic institutions.

Dr. Yager earned her Ph.D. in Computer Information Systems and a Master’s Degree in Industrial Automation and

Operations Management – supported by a scholarship from the French Ministry of Education - L'Association Nationale

de la Recherche et de la Technologie (ANRT) and Schneider Electric (global specialist in energy management and

automation, headquarter in Paris) – from INSA, Institut National des Sciences Appliquées de Lyon, France. She has a

Bachelor’s Degree in Electrical and Electronic Engineering from the Nanyang Technological University of Singapore. She

is multilingual, fluent in English, Chinese and French.

Richard Zalman, Ph.D., CCP, SPHR

Chief Learning Officer, FortuneTimes Group

Named an Alfred P. Sloan Fellow by the Sloan School of Management at M.I.T., in 1988, Dr. Zalman also earned a

Doctorate in Education, and a Master of Arts in Teaching in Bilingual Education, from Northwestern University.

Dr. Zalman's experience spans over thirty years in the private sector as a Human Resources and Operations

executive in Financial Services, Pharmaceutical and Automotive industries, with such organizations as: MassMutual

Insurance, American Savings and Loan, Countrywide Financial Services, Warner-Lambert, USCI Bard, Zoecon, Sandoz

Pharmaceuticals, Roussel-UCLAF Holdings, ElectroOptix, Cummins Engine, and Brown, Root & Braun Engineering.

Dr. Zalman is certified in the following: Compensation Professional (CCP) from World-At-Work Society

(formerly the American Compensation Association); the CCP is the highest designation with regard to the employee

total compensation; Materials Requirements Planning (MRP) from the American Materials Requirements Planning

Society; Good Manufacturing Practices (GMP's), Laboratory Practices (GLP's) by the Federal Food and Drug

Administration (FDA); Quality Assurance and Quality Control (QA & QC) from the American Society for Quality Control,

Northern New Hampshire Chapter, Six-Sigma Brown Belt & Black Belt; Senior Professional in Human Resources

(SPHR) from the Society for Human Resource Management; Accredited Diplomat in Employee Training and

Development, Accredited Professional in Employee Health, Wellness, Safety and Security, from the Personnel

Accreditation Institute.



Innovation and best practices drive major markets

around the world. Based in the financial district of New

York, FortuneTimes Group (FTG) accelerates individual

and organizational understanding of the convergence of

business, technologies and global best practice. We

partner with international organizations large and small

to identify opportunities to launch new products,

penetrate markets, strengthen internal operations,

enhance branding, increase revenues and confer lasting

competitive advantages.

Our Approach: FTG works with Ivy-League faculty and

Wall Street executives in a multi-national setting, to

deliver unique symposia, seminars and interactive

professional development training courses. Tapping into

the rich business leadership culture of New York City, FTG

programs showcase thought-leaders, authors and

innovators. Participants measure the outcomes of FTG

programs by the rate and speed through which they

implement and incorporate new understandings and

expertise.

Find Us FortuneTimes Group

55 Exchange Place, 4th Floor, Suite 402

(Between Broad and William Streets)

New York, NY 02134-0000

(+1) 646.479.4757

[email protected]

www.fortunetimesgroup.com

Train Service

PATH Train: World Trade Center Station Subway: 2, 3,

4 and 5 trains to Wall Street J, M and Z trains to Broad

Street

Rachel Yager, Ph.D.

Founder and CEO, FortuneTimes Group

“At FortuneTimes Group, you will set your professional

goals and formulate a strategy to grow your expertise by

learning business skills, applying industry knowledge,

socializing ideas in a professional network, and

implementing them in a business setting.”

WHO WE ARE We Accelerate Your Growth in a Global Setting.

Global Leader in Business and

Academic Consulting Founded by business and academic leaders, FTG helps

our clients apply state-of-the-art business techniques,

emerging technologies and global best practices to

accelerate their individual and organizational growth.



FOLLOW US!



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FortuneTimes Group We Accelerate Your Growth in a Global Setting

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