COURSE NUMBER: EWMBA 267-1
COURSE TITLE: Pricing
UNITS OF CREDIT: 3 Units
INSTRUCTOR: Teck H. Ho
E-MAIL ADDRESS: hoteck@haas.berkeley.edu
CLASS WEB PAGE LOCATION (HTTP URL):
MEETING DAY(S)/TIME: Weddays, 6:00 p.m. to 9:30 p.m.
PREREQUISITE(S): None
CLASS FORMAT: A mixture of lecture and case discussion. Students will also participation in a pricing and an auction exercise.
REQUIRED READINGS:
Textbook: The Strategy and Tactics of Pricing by Thomas Nagel and Reed
Holden (NJ: Prentice Hall, 3rd Edition)
Reader: Course reader of selected articles and cases
FINAL GRADE:
15% Individual Case Write-up
15% Class Participation
40% Group Project and Presentation
30% Take-Home Final Exam
ABSTRACT OF COURSE'S CONTENT AND OBJECTIVES:
Pricing is one of the most important and least understood marketing
decisions. This course aims to equip participants with
concepts, techniques, and frameworks for assessing and formulating
pricing strategies. We will learn the process
of making pricing decisions and explore new approaches for setting prices.
Upon completion of this course, participants will:
1) gain a solid understanding of current pricing practices in both
manufacturing and service industries
2) learn state-of-the-art frameworks for analyzing pricing decisions
3) master the essential techniques for making profitable pricing decisions
BIOGRAPHICAL SKETCH:
Teck Ho is the William Halford, Jr. Family Professor of Marketing at
the University of California, Berkeley. Prior to his position at Berkeley,
Teck held academic positions at the Wharton School of the University of
Pennsylvania and the Anderson School of UCLA. In addition to his
academic accomplishments, Teck has held senior positions on the Singapore
Economic Development Board and served in the Singapore Armed Forces. He
was responsible for the development of computer and communications
industry in Singapore from 1986-1988.
Teck's professional leadership includes roles as Associate Editor of Management Science and IEEE Transactions on Engineering Management, editorial board member of Manufacturing and Service Operations Management, Quantitative Marketing and Economics, and Review of Marketing Science. He has published extensively in various areas of marketing and technology management and has been funded by National Science Foundation for his path-breaking research in psychology of strategy since 1995. His most recent consulting service has been in the area of pricing and new product and technology strategy development for Campbell Soups, Ingersoll-Rand, INTEL, and juzclickcars.com.sg. Current research areas include customer value analysis, pricing, electronic commerce, marketing/manufacturing coordination, retail management, and competitive strategies . Teck earned his Ph.D. and MA from the Wharton School of the University of Pennsylvania, MSc in computer science and B Eng (first-class honors) in electrical & electronic engineering from the National University of Singapore.
Teck won the Deloitte and Touche Award for the Best Advisor in Management Field Study at UCLA in 1996 and was the finalist of Helen Kardon Moss Anvil Teaching Award (the most prestigious MBA teaching award) at Wharton in 2000. He won the Cheit Award for Teaching Excellence (Honorable Mention) in the Full-Time MBA program in 2003.