This module introduces the students to engineering management, strategic management and develops their skills in financial management, project management and risk management.
*Curricular information is subject to change
Review of Fundamentals of management:
- What is an organisation
- The management process and the role of management
- Organizational structure
Strategic Management:
- What is strategy? – Michael E. Porter
- Strategy and the strategic management process
- Strategic analysis: External and Internal Environments
Financial Management
- Financial mathematics
- Time value of money
- Interest rates
- Present value of money
- Introduction to Financial Accounting
- Generally accepted accounting principles
- Basic financial statement
- Financial statement analysis
Project management and risk management
- What is a project?
- What is project management?
- Role of the project manager
- Project management process
- Uncertainty and risk
- An overview of the risk management process
Social and environmental responsibility
- Ethics and business ethics
- Professional and environmental responsibilities
- Corporate social responsibility
Lectures: 2 hours per week
Tutorials: 1 hour per week
The emphasis is on active learning and participation, using group assignments, case studies, class presentations, discussions, and flipped classrooms.
Module Content & Assessment | |
---|---|
Assessment Breakdown | % |
Formal Examination | 60 |
Other Assessment(s) | 40 |