PGDM Compulsory Course                                                             Academic Year: 2012-2013

Instructor: Rudra Chatterjee

This is a for credit course comprising of 8 sessions of 1 hour 30 minutes each


  • Familiarize yourself in the business world we live in and how we got here
  • Understand opportunities and pitfalls in a globalized world
  • How is the world globalizing, and how is it not?
  • Understand the role of sectors like finance and banking, energy and commodities (with cases and discussions) and its interplay in global economy
  • Understand how issues like foreign taxes, labor costs and commodity prices impact decisions of domicile, revenue recognition and sourcing
  • While this class is about the Global Economy, and Indian economic opportunities and challenges are not part of the readings. However, through the group project, students will be tested on their ability to tie in the concepts taught to an Indian concept. This will be described in detail in class 1

1.      PEDAGOGY

The course pedagogy shall include lectures, readings and cases

2.      READINGS

  • Please regularly read The Economist. I will assume in class that the previous 4 issues of The Economist are always read, and will conduct surprise quizzes on issues covered
  • Please read articles shared by me to the class. They will also be part of the quiz
  • Books and Cases: Reading by class:
    • Class 1: Michael Spence – The Next Convergence, Part 1 and Part 2
    • Class 2: Read and prepare the case: Korea First Bank (A) (9-701-022)
    • Class 3: Raghuram Rajan’s Foreign Affairs Essay: The True Lessons of the Recession. Also you may browse his book, Faultlines but it is not part of the core reading list
    • Class 4: Read and prepare Eli Lilly and Globalisation (9-391-032)
    • Class 5: Read and prepare Olam International (9-509-002)
    • Class 6: Read and prepare BP and the Consolidation of the Oil Industry (9-702-012)
    • Class 7: Daniel Yergin – The Quest, read the chapters: Introduction, Prologue, Demand Shock
    • Class 8: TBD



Quiz                                      :               30 %       (3 surprise quizzes)

Class Participation            :               20 %

Group Project                     :               50% Based on the cases – will be discussed in Class 1


  • Attendance policy of IMI K will apply to this class


Rudra Chatterjee | Email: | Phone: +91 9903818594

Office Hours on call: 4 P.M. – 6 P.M. on Fri.  Any other time based on mutual convenience