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Data Science, global business, management and MBA

Entries from 2022-08-01 to 1 month

Day 38 MIT Sloan Fellows Class 2023, Reflection of Second half in Summer

15.778 INTRODUCTION TO OPERATIONS MANAGEMENT In this course, we learn fundamental concepts in operation management such as throughput rate, Little's law, inventory management, and machine learning optimization. As I introduced in this blog…

Day 37 in MIT Sloan Fellows Class 2023, Financial Accounting

GAAP vs IFRS In this lecture, we need to use GAAP certified by FASB and enforced by SEC. There are a couple of differences between GAAP and IFRS, a different standards accepted by the majority of international companies and countries outsi…

Day 36 in MIT Sloan Fellows Class 2023, Introduction to Operation management 5 - Operation Resilience

A black swan According to a dictionary, definition of "black swan" is as follows. an unpredictable event that is beyond what is normally expected of a situation and has potentially severe consequences. Japanese all know how serious it is. …

Day 35 in MIT Sloan Fellows Class 2023, Introduction to Operation management 4 - Littlefield simulation

Operation simulation responsive.net In operation class, we tried "Littlefield simulation", the simulation game to optimize your investment in factory production, inventory, and experiments. Explore optimization methodologies We did two day…

Day 34 in MIT Sloan Fellows Class 2023, Financial Accounting 1

GAAP and IFRS We study GAAP which is an accounting standard in the US. FASB set this standards and SEC enforces them. Course Agenda We learn the following concepts in our class. Fundamental of accounting system BS/IS/CF Revenue recognition…

Day 33 in MIT Sloan Fellows Class 2023, Harvard HBS alumni: If I knew then

hbs1963.com This website is a collection of remarkable advice from HBS alumni in the class of 1963. I strongly recommend reading some of the advice if you are interested in applying for an international MBA or changing your career. Let me …

Day 32 in MIT Sloan Fellows Class 2023, Organizational Process 4 - cultural lens, MIT

What "culture" means Culture refers to the symbolic or expressive side or human life - actions, objects and ideas that carry specific meanings to particular people and groups and hence stand for something. MIT has a strong culture MIT is w…