Scott Schaefer
Scott Schaefer

MANAGEMENT & STRATEGY
Visiting Professor of Management & Strategy

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Scott Schaefer is Professor of Finance and David Eccles Faculty Fellow at the University of Utah's David Eccles School of Business. He is also an Investigator with the Institute for Public and International Affairs at the University of Utah.

Professor Schaefer joined the Eccles School faculty in 2005. He had previously spent ten years on the faculty of the Kellogg School of Management, where he held the Richard M. Paget Chair in Management Policy from 2001 to 2005.

Professor Schaefer's research focuses on the economics of organization, with an emphasis on understanding employment relationships and decision-making inside firms. He has written extensively on executive compensation, use of stock options in compensation, and the labor market effects of employment protections such as the Civil Rights Act of 1991. His research has been published widely in top academic journals in Economics, Management, Finance and Accounting. He is a co-author of "Economics of Strategy," a leading textbook in the field of strategic management, and founder of the Utah Winter Business Economics Conference.

At Utah, Professor Schaefer teaches a variety of economics-based business courses, including core microeconomics for undergraduates, MBAs and executives. At Kellogg, Professor Schaefer developed and taught MBA electives on strategic organization design and human resource management, and led a PhD seminar on organizational economics. He received Kellogg's Sidney J. Levy Teaching Award three times and was a four-time finalist for the Lawrence Lavengood Professor of the Year Award.

Scott Schaefer earned a PhD in Economic Analysis and Policy from the Stanford Graduate School of Business in 1995. He holds a bachelors degree in economics and math from Stanford University.
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Full-Time / Part-Time MBA
Advanced Business Strategy (MGMT-943-0)

This course counts toward the following majors: Management & Strategy.

This course is targeted at students who see competitive strategy as important in their post business school careers. It applies advanced ideas from economics toward informing critical decisions that firms face, including which industries to enter and exit, what parts of value chains to participate in, how to shape an industry's competitive environment in a beneficial manner, and how to shape the firm's internal organization to fit its competitive context. Along with reinforcing and extending ideas introduced in MGMT 431 and other courses, the course will teach and utilize ideas toward informing strategies in contexts that are analytically more complex, such as contexts where dynamics, network externalities, and incentives are important. The course will do so both through traditional lectures and case discussions, as well as through “workshop” sessions that help students through key steps in the development and communication of strategic analysis.

Executive MBA
Capstone Course (MGMTX-470-0)
Capstone Course brings together disciplines students have encountered in the Kellogg Executive MBA Programs. Students develop an integrated understanding of business planning and strategy, using a computer-based management simulation (Capstone®Business Simulation) to plan and test strategies in a competitive environment.