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 Understanding and Solving Complex Business Problems course offered by Massachusetts Institute of Technology (MIT) course introduces participants to MIT's unique, powerful, and integrative System Dynamics approach to assess problems that will not go away and to produce the results they want. Through exercises and simulation models, participants experience the long-term side effects and impacts of decisions and understand the ways in which performance is tied to structures and policies.
Participants play the Beer Game, a table game developed by Jay Forrester. Played with pen, paper, printed plastic tablecloths, and poker chips, it simulates the supply chain of the beer industry. The game illuminates aspects of System Dynamics, a signature mode of MIT thought and illustrates the nonlinear complexities of supply chains and the way individuals are circumscribed by the systems in which they act.
Programme Structure
The program focuses on:
- Assess the likely impact of different policies and decisions that relate to their organization's growth, stability, and performance
- Recognize business system archetypes that can trigger persistent, long-term problems
- Use state-of-the-art management tools to identify relationships
- Intervene effectively to make fundamental changes
Key information
Duration
- Full-time
- 2 days
- Part-time
- 2 days
- 8 hrs/week
Start dates & application deadlines
- StartingApply anytime.
- StartingApply anytime.
- StartingApply anytime.
More details
- We accept enrollments until the offering reaches capacity, at which point we will maintain a waitlist.
Language
English
Credits
2 alternative credits
Delivered
On Campus, Online
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
- CEOs
- Presidents
- COOs
- CTOs
- VPs and EVPs
- Corporate planners and strategists
- Senior Project Managers
- Product Development Managers
Tuition Fee
To always see correct tuition fees
-
International
4500 USD/fullTuition FeeBased on the tuition of 4500 USD for the full programme during 2 days. -
National
4500 USD/fullTuition FeeBased on the tuition of 4500 USD for the full programme during 2 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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