Industrial Management

5 credits

Syllabus, Bachelor's level, 1TE743

Code
1TE743
Education cycle
First cycle
Main field(s) of study and in-depth level
Industrial Engineering and Management G1F
Grading system
Fail (U), Pass (3), Pass with credit (4), Pass with distinction (5)
Finalised by
The Faculty Board of Science and Technology, 8 February 2024
Responsible department
Department of Civil and Industrial Engineering

Entry requirements

15 credits in science/engineering. Participation in the introductory course for one of the Faculty's programmes.

Learning outcomes

Upon completing the course, students should be able to

  • explain and discuss how the industrial company can be organised and managed,
  • explain and discuss the industrial company's value creating processes, how the company can price it's products and services and how the company works in it's environment.
  • choose, prepare, interpret, use and discuss cost estimates as a basis for the different situations in an industrial company,
  • interpret and discuss financial statements and other financial reports of industrial companies, including the income statement, the balance sheet, the cash flow statement, key measures, budget and sustainalbility analysis in these.

Content

​The course provides insights into central areas within industrial management, starting from the industrial company. Areas covered are the company and its role in the outside world; strategy and entrepreneurship; organisation, management and learning; production and supply chain management; marketing; innovation and product development; investment analysis and financing. In the course, theories, models and methods in industrial management are presented, used and discussed, both those based on a qualitative approach, e.g. models for strategy formulation, organisational structures, and portfolio analyses of innovation projects, and those based on a quantitative approach, such as product costing, accounting, present value calculations, and key figures linked to financial and sustainability reporting.

Instruction

Lectures, seminars and exercises.

Assessment

Written exam (4 credits). Written assignments and active participation in seminars (1 credit).

If there are special reasons for doing so, an examiner may make an exception from the method of assessment indicated and allow a student to be assessed by another method. An example of special reasons might be a certificate regarding targeted pedagogical support from the University's disability coordinator.

Other directives

The course may not be included in a degree together with any of the following courses: 1TE728 Industrial Management and 2FE025 Business Studies, Basic Course A/B.

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