ME1003 Industrial Management, Basic Course 6.0 credits
Industriell ekonomi, grundkurs
Engineering is more than technology. To participate in technology-based businesses as an engineer, carry out projects, develop businesses and lead teams and employees in today's companies, a solid knowledge in industrial management is needed. In practice, the key to success lies in an understanding of technical and economic aspects of decisions.
Educational level
First cycleAcademic level (A-D)
ASubject area
Industrial Management
Techonology
Grade scale
A, B, C, D, E, FX, F
Course offerings
Autumn 12 for programme students
Periods
Autumn 12 P2 (6.0 credits)
Application code
50862Start date
2012 week: 43End date
2013 week: 1Language of instruction
SwedishCampus
KTH CampusNumber of lectures
Number of exercises
Tutoring time
DaytimeForm of study
NormalNumber of places *
Min. 5*) The Course date may be cancelled if number of admitted are less than minimum of places.
Schedule
Schedule (new window)Course responsible
Håkan Kullvén <kullven@kth.se>
Teacher
Thorolf Hedborg <thorolf@kth.se>
Håkan Kullvén <kullven@kth.se>
Tomas Sörensson <tomassor@kth.se>
Target group
Compulsory for CDATE3, CINTE3, CDEPR3, CMAST3, CMATD3
Elective for all programmes.
Part of programme
- Degree Progr. in Design and Product Realisation, year 3, AEE, Mandatory
- Degree Progr. in Design and Product Realisation, year 3, FOR, Mandatory
- Degree Progr. in Design and Product Realisation, year 3, INE, Mandatory
- Degree Progr. in Design and Product Realisation, year 3, IPDB, Mandatory
- Degree Progr. in Design and Product Realisation, year 3, IPDC, Mandatory
- Degree Progr. in Design and Product Realisation, year 3, IPDD, Mandatory
- Degree Progr. in Design and Product Realisation, year 3, IPUA, Mandatory
- Degree Progr. in Design and Product Realisation, year 3, IPUB, Mandatory
- Degree Progr. in Design and Product Realisation, year 3, IPUC, Mandatory
- Degree Progr. in Design and Product Realisation, year 3, MRS, Mandatory
- Degree Progr. in Design and Product Realisation, year 3, PRM, Mandatory
- Degree Progr. in Design and Product Realisation, year 3, SUE, Mandatory
- Degree Progr. in Design and Product Realisation, year 3, SUT, Mandatory
- Degree Progr. in Design and Product Realisation, year 3, TEMA, Mandatory
- Degree Progr. in Design and Product Realisation, year 3, TEMB, Mandatory
- Degree Progr. in Design and Product Realisation, year 3, TEMC, Mandatory
- Degree Progr. in Information and Communication Technology, year 3, Conditionally Elective
- Degree Progr. in Materials Design and Engineering, year 3, INE, Mandatory
- Degree Progr. in Materials Design and Engineering, year 3, MMM, Mandatory
- Degree Progr. in Materials Design and Engineering, year 3, MRS, Mandatory
- Degree Progr. in Materials Design and Engineering, year 3, NEE, Mandatory
- Degree Progr. in Materials Design and Engineering, year 3, NTE, Mandatory
- Degree Progr. in Materials Design and Engineering, year 3, PRM, Mandatory
- Degree Progr. in Materials Design and Engineering, year 3, SUE, Mandatory
- Degree Progr. in Materials Design and Engineering, year 3, SUT, Mandatory
- Degree Progr. in Materials Design and Engineering, year 3, TEMB, Mandatory
- Degree Progr. in Materials Design and Engineering, year 3, TMV, Mandatory
- Degree Progr. in Mechanical Engineering, year 3, AEE, Mandatory
- Degree Progr. in Mechanical Engineering, year 3, FOR, Mandatory
- Degree Progr. in Mechanical Engineering, year 3, INE, Mandatory
- Degree Progr. in Mechanical Engineering, year 3, IPDB, Mandatory
- Degree Progr. in Mechanical Engineering, year 3, IPDD, Mandatory
- Degree Progr. in Mechanical Engineering, year 3, IPUA, Mandatory
- Degree Progr. in Mechanical Engineering, year 3, IPUB, Mandatory
- Degree Progr. in Mechanical Engineering, year 3, MRS, Mandatory
- Degree Progr. in Mechanical Engineering, year 3, MTH, Mandatory
- Degree Progr. in Mechanical Engineering, year 3, NEE, Mandatory
- Degree Progr. in Mechanical Engineering, year 3, PRM, Mandatory
- Degree Progr. in Mechanical Engineering, year 3, SUE, Mandatory
- Degree Progr. in Mechanical Engineering, year 3, SUT, Mandatory
- Degree Progr. in Mechanical Engineering, year 3, TEMA, Mandatory
- Degree Progr. in Mechanical Engineering, year 3, TEMB, Mandatory
- Degree Progr. in Mechanical Engineering, year 3, TEMC, Mandatory
- Master (Two Years), Vehicle Engineering, year 1, Optional
Spring 13 for programme students
Periods
Spring 13 P3 (6.0 credits)
Application code
60578Start date
2013 week: 2End date
2013 week: 11Language of instruction
SwedishCampus
KTH CampusNumber of lectures
Number of exercises
Tutoring time
DaytimeForm of study
NormalNumber of places *
Min. 5*) The Course date may be cancelled if number of admitted are less than minimum of places.
Schedule
Schedule (new window)Course responsible
Håkan Kullvén <kullven@kth.se>
Teacher
Tomas Sörensson <tomassor@kth.se>
Thorolf Hedborg <thorolf@kth.se>
Håkan Kullvén <kullven@kth.se>
Target group
Elective for all
Part of programme
Spring 13 for programme students
Periods
Spring 13 P4 (6.0 credits)
Application code
60577Start date
2013 week: 12End date
2013 week: 22Language of instruction
SwedishCampus
KTH CampusNumber of lectures
36 (preliminary)Number of exercises
Tutoring time
DaytimeForm of study
NormalNumber of places *
Min. 5*) The Course date may be cancelled if number of admitted are less than minimum of places.
Schedule
Schedule (new window)Course responsible
Håkan Kullvén <kullven@kth.se>
Teacher
Tomas Sörensson <tomassor@kth.se>
Håkan Kullvén <kullven@kth.se>
Thorolf Hedborg <thorolf@kth.se>
Target group
Compulsory for CMAST2
Elective for all programmes
Part of programme
Autumn 13 for programme students
Periods
Autumn 13 P1 (6.0 credits)
Application code
50854Start date
2013 week: 36End date
2013 week: 44Language of instruction
EnglishCampus
KTH CampusNumber of lectures
36 (preliminary)Number of exercises
Tutoring time
DaytimeForm of study
NormalNumber of places *
Min. 5*) The Course date may be cancelled if number of admitted are less than minimum of places.
Schedule
Schedule (new window)Course responsible
Håkan Kullvén <kullven@kth.se>
Teacher
Håkan Kullvén <kullven@kth.se>
Target group
Compulsory for TEILM, TMBIM
Conditionally elective for TMEGM1
Open for all programs
Part of programme
- Degree Progr. in Information and Communication Technology, year 2, Mandatory
- Master (One Year), Entrepreneurship and Innovation Management, year 1, Mandatory
- Master (Two Years), Industrial and Environmental Biotechnology, year 1, Mandatory
- Master (Two Years), Maritime Engineering, year 1, Optional
- Master (Two Years), Medical Biotechnology, year 1, Mandatory
- Master (Two Years), Naval Architecture, year 1, MRSD, Mandatory
- Master (Two Years), Naval Architecture, year 2, MRSD, Mandatory
- Master (Two Years), Production Engineering and Management, year 1, Conditionally Elective
- Master (Two Years), Production Engineering and Management, year 2, Conditionally Elective
- Master (Two Years), Research on Information and Communication Technologies, year 1, Recommended
- Master (Two Years), Research on Information and Communication Technologies, year 2, Recommended
- Master (Two Years), Systems, Control and Robotics, year 1, Conditionally Elective
- Master (Two Years), Systems, Control and Robotics, year 2, Conditionally Elective
- Master (Two Years), Vehicle Engineering, year 1, Optional
- Master (Two Years), Wireless Systems, year 1, Recommended
- Master (Two Years), Wireless Systems, year 2, Recommended
Autumn 13 for programme students
Periods
Autumn 13 P2 (6.0 credits)
Application code
50852Start date
2013 week: 45End date
2014 week: 3Language of instruction
SwedishCampus
KTH CampusNumber of lectures
36 (preliminary)Number of exercises
Tutoring time
DaytimeForm of study
NormalNumber of places *
Min. 5*) The Course date may be cancelled if number of admitted are less than minimum of places.
Schedule
Schedule (new window)Course responsible
Håkan Kullvén <kullven@kth.se>
Teacher
Håkan Kullvén <kullven@kth.se>
Target group
CDATE3, CINTE3,CDEPR3,CMAST2,CMATD3
Open for all programs
Part of programme
- Degree Progr. in Design and Product Realisation, year 3, AEE, Mandatory
- Degree Progr. in Design and Product Realisation, year 3, FOR, Mandatory
- Degree Progr. in Design and Product Realisation, year 3, INE, Mandatory
- Degree Progr. in Design and Product Realisation, year 3, IPDB, Mandatory
- Degree Progr. in Design and Product Realisation, year 3, IPDC, Mandatory
- Degree Progr. in Design and Product Realisation, year 3, IPDD, Mandatory
- Degree Progr. in Design and Product Realisation, year 3, IPUB, Mandatory
- Degree Progr. in Design and Product Realisation, year 3, MRS, Mandatory
- Degree Progr. in Design and Product Realisation, year 3, PRM, Mandatory
- Degree Progr. in Design and Product Realisation, year 3, SUE, Mandatory
- Degree Progr. in Design and Product Realisation, year 3, SUT, Mandatory
- Degree Progr. in Design and Product Realisation, year 3, TEMA, Mandatory
- Degree Progr. in Design and Product Realisation, year 3, TEMB, Mandatory
- Degree Progr. in Design and Product Realisation, year 3, TEMC, Mandatory
- Degree Progr. in Information and Communication Technology, year 3, Conditionally Elective
- Degree Progr. in Materials Design and Engineering, year 3, INE, Mandatory
- Degree Progr. in Materials Design and Engineering, year 3, MMM, Mandatory
- Degree Progr. in Materials Design and Engineering, year 3, MRS, Mandatory
- Degree Progr. in Materials Design and Engineering, year 3, NEE, Mandatory
- Degree Progr. in Materials Design and Engineering, year 3, NTE, Mandatory
- Degree Progr. in Materials Design and Engineering, year 3, PRM, Mandatory
- Degree Progr. in Materials Design and Engineering, year 3, SUE, Mandatory
- Degree Progr. in Materials Design and Engineering, year 3, SUT, Mandatory
- Degree Progr. in Materials Design and Engineering, year 3, TEMB, Mandatory
- Degree Progr. in Materials Design and Engineering, year 3, TMV, Mandatory
- Degree Progr. in Media Technology, year 3, Mandatory
Spring 14 for programme students
Periods
Spring 14 P3 (6.0 credits)
Application code
60522Start date
2014 week: 4End date
2014 week: 12Language of instruction
SwedishCampus
KTH CampusNumber of lectures
36 (preliminary)Number of exercises
Tutoring time
DaytimeForm of study
NormalNumber of places *
Min. 5*) The Course date may be cancelled if number of admitted are less than minimum of places.
Schedule
Schedule (new window)Course responsible
Håkan Kullvén <kullven@kth.se>
Teacher
Håkan Kullvén <kullven@kth.se>
Target group
Open for all programs
Part of programme
Spring 14 for programme students
Periods
Spring 14 P4 (6.0 credits)
Application code
60523Start date
2014 week: 13End date
2014 week: 23Language of instruction
SwedishCampus
KTH CampusNumber of lectures
36 (preliminary)Number of exercises
Tutoring time
DaytimeForm of study
NormalNumber of places *
Min. 5*) The Course date may be cancelled if number of admitted are less than minimum of places.
Schedule
Schedule (new window)Course responsible
Håkan Kullvén <kullven@kth.se>
Teacher
Håkan Kullvén <kullven@kth.se>
Target group
Compulsory for CMAST-2
Open for all programmes
Part of programme
Learning outcomes
After the course, you should:
- Be able to explain how a business as well as leadership, organizing, strategic planning, and management control functions in an industrial organisation.
- Be able to interpret an annual report from an industrial organisation, as well as be able to calculate and design the different parts of it at a basic level.
- Be able to explain the structure of the industrial company’s stream of payments.
- Be able to construct, interpret and use cost calculations as part of the decision support for the industrial company’s different situations.
- Be able to connect industrial management to your future area of work.
- With the departure in you view of industrial management, be able to explain how the different parts of the area fit together related to the objectives of the industrial organization..
Course main content
Industrial dynamics and the interplay with competitors and stakeholders (customers, suppliers, employees, the society at large and so on), the distinctive character of industrial operations, organization & human resource management, leadership, strategic planning, marketing, cost-volume-profit analysis, accounting, finance and investment, cash-flow analysis, investment appraisal, management control, and costing.
Disposition
The course is grounded in lectures (with "peer instuctions") and excercises. The course ends with a written exam. During the course, a number of optional learning questions that are discussed in a seminar are given, and gives extra points at the first ordinary written examination.
Eligibility
Basic eligibility for university studies.
Literature
"Företagsekonomi 100", faktabok, av Per-Hugo Skärvad & Jan Olsson, Liber (på svenska), eller "Accounting and finance for non-specialists" av Peter Atrill & Eddie McLaney, Prentice Hall (på engelska).
Examination
- TENA - Exam, 6.0 credits, grade scale: A, B, C, D, E, FX, F
Requirements for final grade
Written examination.
Offered by
ITM/Industrial Economics and Management
Contact
Håkan Kullvén, hakan.kullven@indek.kth.se, +46 8 790 60 52
Examiner
Håkan Kullvén <kullven@kth.se>
Supplementary information
Established Spring 02.
Replaces 4D1023, ME1000, ME1001, ME1002; ME1004.
Add-on studies
ME2028 Behavioural Management Control builds directly on this course. Also, Indek has a lot of courses where the eligibility is to have passed this course.
Version
Course plan valid from:
Spring 12.
Examination information valid from:
Autumn 11.