The Masters in Finance programs offer you an integrated finance education that covers the most diverse and up to date information on the finance industry and functional area.
While academics and business gurus like to identify new management trends, Salvador Carmona has been fascinated to find that some of the best ideas in business originated centuries ago. Using Spain’s extensive archives he has been tracing the history of manufactories like the Royal Tobacco Factory of Seville and what he believes is an early form of just-in-time production.
“Some 250 years ago, this factory nearly represented 30 per cent of total royal income, and that meant the best of all managerial knowledge was in this factory,” he says. “So by looking at ancient systems one can find insights into contemporary practices.”
When it comes to contemporary practices, Prof Carmona is well versed in management and accounting control, management structures and the implementation of ERPs. In his teaching, he is particularly interested in giving students a very holistic view of topics such as performance indicators and what drives changes in management accounting systems. “International MBA or executive MBA students are going to hold general management responsibilities,” he says. “So they need to know about the technical aspects of accounting, but also about how that will influence their vision and managerial skills.”
In addition to teaching, carrying out his duties as (dean for faculty affairs - rector, IE University) and writing for professional journals and magazines, Prof Carmona engages in consultancy work for corporations as well as conducting executive training and in-company programmes that are aimed at the top-level management of multinational enterprises. From 2006 to 2011, Prof Carmona served as Editor of the European Accounting Review, a premier accounting journal.