This course concentrates on the economic foundations of management by developing tools to analyze key issues of the industry (Microeconomics) and general economic environment (Macroeconomics) of a company. The first part, Microeconomics, analyses consumer behavior, producer pricing and production decisions under different market structures. The second part, Macroeconomics, studies the operation of the entire economy, analyzing topics such as the determination of aggregate output, employment, inflation, interest rates, exchange rates and other macro variables.

With the aim of evaluating corporate financial performance and making financially rational decisions, this course introduces students to financial accounting, reporting and analysis. This module aims to develop awareness in students of the way in which accounting is embedded in a particular socio-economic, political and cultural context and challenges the perception that accounting is a purely technical, uninterested and neutral practice. Within this framework, the module seeks to provide students with a broad introduction to the need for external accounting systems, the principles explicit and implicit within such systems, and the strengths and weaknesses in such systems. The module acts both as a standalone and as an underpinning for subsequent modules as required.

The course relies and follows up on "Financial Accounting for Lawyers I" and deals with practical examples of financial accounting and financial statements preparation and analysis (journal entries, ledgers, double-entry bookkeeping, financial statements preparation, ratio analysis etc.).

This course analyzes the major investing and financing decisions made by an international firm. Topics covered include analysis of financial information for managerial decisions, valuation of corporate securities, financing decisions and cost of capital, company valuation, and long-term investing decisions.The students will learn and practice essential skills related to the successful development of a financial plan. After the completion of this course students are expected to be able to conduct financial analysis of major business decisions

The course will introduce the major issues in the theory and policy of finance. Emphasis will be given in the following areas: objectives of the financial manager, financial statement analysis, financial planning, financial markets, investment banking, valuation of corporate securities and the cost of capital. Finally, it examines long-term investing decisions (capital budgeting and Mergers & Acquisitions).

The objective of this Course will be the understanding and familiarization with EU and Greek Financial Services legislation through exploration of EC Directives and Greek Law. The envisaged workshop shall focus on a discussion of a number of issues currently debated on an EU-wide level such as, for instance,    Directive 2004/39/EC on markets in financial instruments (known as MiFID, the new Investment Services Directive) under implementation into Greek law until October 2006), in relation with Laws 2396/1996, 1806/1988 and 3152/2003, as well as the new expected legislation;   the new prospectus Directive 2003/71/EC, in relation with Law 3401/2005 and the level II measures;   the market abuse Directive 2003/6/EC, in relation with Law 3340/2005 and the level II measures (relevant Decisions of the Hellenic Capital Markets Commission);   the new Take Over bids Directive 2004/25, in relation with the new law, now under discussion in the Greek Parliament;   the new transparency directive 2004/109/EC, to be implemented into national legislation until January 2007;   the role and function of the privatised Athens Exchange and its competition with other regulated markets and multilateral trading facilities;   Directive 2001/24/EC on the reorganization and winding up of credit institutions and law 3458/2006;   the new Capital Requirements Directive and Basel II;   the new anti money-laundering legislation: Directive 2001/97/EC and Law 3424/2005;   the developments in the EU legislation regarding securities held with intermediaries (Project of the European Commission: EU Clearing & Settlement, Legal Certainty Group and Unidroit draft convention);   Financial Services Policy 2005-2010: Better regulation and better implementation the first evaluation of the Lamfalussy process. Students will receive the relevant EU and Greek legal documentation and case studies will be presented and discussed during the course.

Social and business interactions are strategic, in the sense that one party’s actions affect the other party and vice versa. One may choose to interact by reaching agreement with the other side or, simply, by seeking to impose one’s view based on commercial power or judicial intervention. This course seeks to study both types of interactions. Firstly, it begins with the analysis of Legal Strategy, that is: the legal interaction that seeks ‘the best possible’ outcome within the constraints of the law, by taking into account the interactivity between the parties and, occasionally, between the parties and the judicial system. It then proceeds to explore the fundamental ways agreement may be sought between the parties either alone (i.e., Negotiations) or in the presence and with the assistance of a third party facilitator (i.e., Mediation). This course concludes with the discussion of how, during litigation in particular, all these processes are potentially interwoven and interdependent. This course helps the students develop the strategic tools necessary in order to manage their clients’ conflicts (or transactions) most proficiently.

The course will consider the application of EC competition law to the distribution of goods and services and in particular the issue of how competition law can affect the choice of the adequate distribution strategy by firms. Topics covered include the antitrust analysis of distribution practices such as resale price maintenance, territorial and customer restrictions, non-compete clauses, selective distribution, franchising, commercial agency agreements, category management, tying/bundling, exclusive dealing, price discrimination, refusal to supply and license as well as vertical mergers and acquisitions producing anticompetitive effects.

The course will examine the issues arising from the structure of corporate income tax, and its relationship to the taxation of shareholders. Special emphasis will be given to cross border situations and the interaction between domestic legislation, Double Taxation Treaties, European Union legislation and the case law of the European Court of Justice.