crt:
JCBC13Cornell Certificate Program

Emerging markets are changing the face of the global economy, often becoming dominant in technological innovation. In this course, you will explore emerging markets, examining both the high rates of economic growth as well as the risks involved for investors. You will discover how to identify the six key dimensions of risk when doing a business deal or investing in an emerging market. You will then apply this knowledge by weighing those risks differently and balancing them all against the potential benefits of a deal.

You will apply concepts through case studies of past deals in emerging markets, preparing you to contribute intelligently to group discussions and successfully complete activities using an effective risk-scoring system. You will evaluate the investment risks in a prospectus for an emerging markets-focused mutual fund. By the end of this course, you will have gained in-depth knowledge of real-world scenarios, highlighting the benefits, challenges, and lessons learned from doing deals in emerging markets.

Emerging markets have caused a major shift in the global economic and geopolitical landscape. The potential for high growth generates significant investment interest in emerging markets. The benefits apply to the foreign investors who provide a much-needed influx of capital as well as the emerging markets as they transition from an agriculture-based economy to a more developed economy based on the production of goods and services.

In this course, you will explore the concept of the E20+1 (the top 20 emerging markets and China), discuss these entities, and examine the growth of emerging market multinationals. You will discover the competition they represent for well-established firms in other economies.

You will also delve into the particular challenges that emerging markets face as they seek investment. What makes some regions stronger than others for the rise of developing economies? You will examine these factors and identify which countries are moving up the list of the top 20 across the globe. You will discover the drivers of emerging markets, the different ways they compete in a global marketplace, and the ways they use innovation to gain an edge.

You are required to have completed the following course or have equivalent experience before taking this course:

• Defining Emerging Markets

Developing economies in emerging markets often gain strength through new business enterprises that result from dramatic changes. These changes are examples of disruptive innovation that propel emerging market multinational firms to do business in new ways or create new products and services.

In this course, you will examine how disruptive innovation can come in many forms, such as e-commerce. Developing economies often need to find ways not only to grow business enterprises but also to reach customers who need a system of currency that gives them access to purchasing power. You will explore the types of currency emerging markets use and how they aim to expand the reach to new customers.

Improving the lives of a nation's people is often a major goal of countries with emerging markets. You will examine how they strive to reach this goal through business development that focuses on environmental, social, and governance priorities.

You are required to have completed the following course or have equivalent experience before taking this course:

• Defining Emerging Markets

Innovation is often the path to success for emerging markets. Developing economies can gain an edge over their established counterparts through new discoveries in products, services, and business processes.

In this course, you will examine different levels and types of innovation. You will discover the skills teams need to innovate, both incrementally as the business currently operates and disruptively as the industry evolves. What attributes help individuals be more innovative? You will explore how top innovators excel in the discovery process. Protecting these discoveries via options like patents, copyrights, and non-disclosure agreements is critical, so you will examine the various strategies for safeguarding your organization's intellectual property.

Lessons learned from this course will help you foster innovation originating in emerging markets, protect your discoveries, and build a more innovative team at your organization.

You are required to have completed the following course or have equivalent experience before taking this course:

• Defining Emerging Markets