Massachusetts Institute of Technology (MIT) Multiple locations
Boston , Massachusetts , United States
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Featured byMIT Professional Education
Overview
What you will study
The Business Dynamics - MIT's Approach to Diagnosing and Solving Complex Business Problems course offered by Massachusetts Institute of Technology (MIT) provides an intensive, hands-on introduction to System Dynamics, a powerful framework for identifying, designing, and implementing high-leverage interventions for sustained success in complex systems. It has been used successfully in diverse industries and organizations, such as Airbus, Compaq, General Motors, Hewlett-Packard, Intel, and Merck. Developed at MIT more than fifty years ago by computer pioneer Jay Forrester, System Dynamics led to the creation of management flight simulators that allow managers to accelerate learning, experience the long-term side effects of decisions, and design structures and strategies for greater success.
Programme Structure
The program focuses on:
- Discover why dysfunctional dynamics persist in organizations
- Understand why success in one area often means trouble for other areas, and how to avoid this problem
- Identify and understand complex situations and the dynamics they produce
- Assess in advance the likely impact of different policies and decisions on the growth, stability, and behavior of organizations
- Design integrated growth strategies
- Deduce critical delays in new product development
- Make strategic decisions that result in outcomes consistent with overall objectives
- Develop the ability to think systemically and dynamically
- Implement successful change initiatives
Key information
Duration
- Full-time
- 5 days
Start dates & application deadlines
- StartingApplication deadline not specified.
More details
- Early application is encouraged and will increase your chances of being accepted.
Language
English
Credits
5 alternative credits
Delivered
On Campus
Disciplines
Business Administration View 298 other Short Courses in Business Administration in United StatesAcademic requirements
We are not aware of any specific GRE, GMAT or GPA grading score requirements for this programme.
English requirements
We are not aware of any English requirements for this programme.
Student insurance
Make sure to cover your health, travel, and stay while studying abroad. Even global coverages can miss important items, so make sure your student insurance ticks all the following:
- Additional medical costs (i.e. dental)
- Repatriation, if something happens to you or your family
- Liability
- Home contents and baggage
- Accidents
- Legal aid
We partnered with Aon to provide you with the best affordable student insurance, for a carefree experience away from home.
Get your student insurance nowStarting from €0.53/day, free cancellation any time.
Remember, countries and universities may have specific insurance requirements. To learn more about how student insurance work at Massachusetts Institute of Technology (MIT) and/or in United States, please visit Student Insurance Portal.
Other requirements
General requirements
- Business Dynamics is designed for executives, managers, planners, strategists, and consultants who work with management teams.
- It also benefits administrators of public and not-for-profit organizations, management scientists, and educators.
Tuition Fee
To always see correct tuition fees
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International
9900 USD/fullTuition FeeBased on the tuition of 9900 USD for the full programme during 5 days. -
National
9900 USD/fullTuition FeeBased on the tuition of 9900 USD for the full programme during 5 days.
Living costs for Boston
1560 - 3239 USD /month
Living costs
The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.
Funding
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