Olivet Business School Manhattan Campus will introduce a new elective course “Financial Statement Analysis and Reporting” by Professor Albert Lee. The course aims to teach business practitioners to use financial statements and cash flow analysis as a systematic tool for business decision-making. Financial statement analysis helps to translate business strategies, investment policies and financings into concrete figures.

This is a critical exercise when considering acquisitions as a way to achieve inorganic growth; measuring business impact of new marketing/operational strategies; measuring risk-adjusted returns (and therefore financial viability) of various business propositions; measuring impact of external financings; and using financial strategies (acquisition, divestitures, leveraged capitalization) to generate cash flow or launch a new business.

“Financial analysis is not just about crunching numbers and creating balance sheets. But it is the fundamental language of doing business. Instead of approaching financial statements as only fulfilling administrative and legal reporting requirements, using them as a tool to understand strategic impact to business models should be exciting for all practitioners,” said Lee.

OBS encourages students who have interests in entrepreneurship and strategic management to register for the course. Real life cases of private businesses on sale, real estate financing and publicly traded corporations will be examined throughout the course.

The Manhattan New York Olivet Business School campus will be introducing three courses, ECON600 Macroeconomics in the Global Economy, LEAD700 Leadership and MGMT800 Business Capstone Project, for the Winter 2021 quarter.

Macroeconomics in the Global Economy is designed to introduce classic macroeconomic issues such as growth, inflation, unemployment, interest rates, exchange rates, technological progress, and budget deficits. The course will provide a unified framework to address these issues and to study the impact of different policies, such as monetary and fiscal policies, on the aggregate behavior of individuals. These analytical tools will be used to understand the recent experience of the United States and other countries and to address how current policy initiatives affect their macroeconomic performance.

“Macroeconomics is a field full of open-ended questions, tough measurement challenges and vulnerabilities to biased ideological misuse by politicians and policy makers. Nevertheless, macroeconomics addresses some of the most important questions facing governments, global banks, multinational industries and academics. The course will provide a solid introduction to interested students,” said MBA student Lee.

The course will run for 11 weeks, covering Production, Labor Market, Consumption, Investments and Growth in the first half; then Money, IS-LM Model, AS-AD Model, Business Cycle, Price and Wage and Monetary Policy in the second half.

“The Leadership course is critical for professional development as it teaches the students the skills they need to lead effectively, including the skills needed to persuade and influence people – especially those over whom they may have little direct authority,” said Dean Jacob Chatterjee, Esq., LL.M. “The course helps the students to understand the role of a leader in the field and, the tasks involved, and what it takes to be a good leader.”

The upcoming capstone course is the fourth time adjunct professor Sebastian Keita has received the blessing to accompany MBA students towards the finish line.

Keita describes his experience. “It is a true privilege to be able to witness our students completing their program. It allows me to understand the bigger vision of OBS first hand. I believe a Business School vision has been increasingly shaped by the student’s proactive character after graduation. The students need a final positive springboard. I hope, as a School, we create the necessary spirit for that to happen,” said Keita.

Olivet School of Business (OBS) launched its newest website design, which reflects the new Ph.D in Business Administration degree along with other insightful content about its programs.

The new website reorganizes its content to clearly present information on internship opportunities and other locations which offers business courses.

“I am very thankful to launch the new OBS website. It provides a fresh image of our college and reflects the new developments from this year,” said OBS Associate Dean Diana Yoo.

The new catchphrase of OBS is “Unleash Your Potential at Olivet Business School – PURPOSE-DRIVEN LEADERSHIP.”

These uncertain and rapidly changing times call for leaders who are prepared to catalyze global business and social transformation. Through Olivet’s dedicated approach to teaching and learning, you will connect with your purpose, master business tools and concepts, and gain the holistic leadership skills you need to make an impact and flourish in the unknown.

Olivet Business School takes a modern, simplistic approach to design characteristics that create the image of innovation and creativity. OBS set up new brand guidelines with new fonts such as the main typeface Montserrat family and color palette systems of deep blue, rich red, and off white along with.

You can check out the new OBS website design by visiting: https://obs.olivetuniversity.edu

Adjunct professor Sebastian Keita of Olivet Business School and Professor Jacob Chatterjee, Esq. shared their experience about holding online classes on Applied Business Research and Finance respectively over the summer, amid the pandemic.

Applied Business Research is one of Keita’s specialties, and in fact, the first class Keita has ever given at Olivet. Keita said, “Applied Business Research is the opportunity to make students think, be critical, and have fun. Many professors forget that research is supposed to be enjoyable. I hope to transfer those sentiments to my students.”

As for the class on Finance, Chatterjee, who is also the Dean of the business school, tried to take an alternative approach to teach the subject most students find challenging.

“Traditionally, finance is not a popular subject. My own experience has led me to believe that the subject’s technicalities are less important than the big picture offered by the professor. Understanding the core concepts of accounting and financial statement analysis, principles of finance, investments, corporate finance, and business evaluations is important but what is more important is developing quantitative and problem-solving skills that will help students see the complex financial decisions through a local, regional, and global lens and help them learn to appreciate and resolve them,” Chatterjee said.

Overall, Dean Chatterjee reflected that the Summer Quarter was a success. “I am delighted that we have been able to keep the classes running smoothly during this troubled time. It shows our resolve as a college community to make our students better prepared to cope with adversity,” he said.

The Olivet Business School in Manhattan, New York, welcomed its current students enrolled in the MBA programs for the new quarter.

Two featured courses, “Operations Management” and “Human Resource Management”, are being offered this quarter. The rapid changes and shifting structures in learning environments have altered how management is approached in modern times. Though the courses will be exploring new collaborative software technologies and strategies used in the field, the focus is still based on human and social aspects of organization.

“Operation management is a difficult subject to approach by any business professor as it represents the quintessential fracture between the conventional concepts found in books and the necessary imagination to pursue business in this ever-evolving world,” said Professor Sebastian Keita.

“I encourage my students to be open to the importance of using their imagination for operation management. It will permit them to bridge that gap between the books and the evolving world,” Keita added.

Speaking on the subject of human resources management, Dean of Olivet Business School Jacob Chatterjee pointed out that the most important asset in any successful company or enterprise is its employees.

“Human resource management is a much-misunderstood subject. It is not just about good intentions and whistling in the dark or avoiding unionization. The objective of the class is to teach students to have a strategic approach in the corporate managerial setting. Such training will yield to a more motivated workforce, allowing for a more competitive advantage overall,” Chatterjee said.

The Olivet School of Business New York Extension site offers selected courses for its MBA program while providing Entrepreneurial internships and Ministry internship opportunities at its 3 floor Manhattan building. For more information, visit https://obs.olivetuniversity.edu

Students of Olivet Business School in San Francisco have gained Christian perspectives on workplace management through the Leadership course this quarter.

Dr. Rachel Zabaneh, who has a Ph.D. in Leadership, teaches this course. She has shared with students her valuable experience working in various Christian organizations. Not only students learn about and develop valuable skills, including communications and management, but also they build up the self-confidence required as inspirational leaders.

“I hope to teach students how to combine our faith with our practical work through this course to practice leadership, as the Bible told us that if you want to be a leader you need to serve others. Only by doing so, you can love people with the love of God and transform lives,” said Dr. Zabaneh.