ME1000 Industrial Management 6.0 credits

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, innovation & entrepreneurship, leadership, strategic planning, marketing, cost-volume-profit analysis, accounting & bookkeeping, finance (supply & use of capital), cash-flow analysis, investment appraisal, management control, and costing. Sustainability, gender, communication and teamwork are covered in relation to the subject.

After the course, you should:

1. Be able to explain how a business as well as leadership, organizing, strategic planning, and management control functions in an industrial organisation.
2. 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.
3. Be able to explain the structure of the industrial company’s streams of payments.
4. Be able to construct, interpret and use cost calculations as part of the decision support for the industrial company’s different situations.
5. Be able to connect industrial management to your future area of work.
6. With the departure in your view on industrial management, be able to explain how the different parts of the area fit together related to the objectives of the industrial organization.

Basic eligibility for university studies, including English A,or similar.

Because the content is the same (but in different languages) you can't choose both this course and the course ME1003.

“Accounting and finance for non-specialists” by Peter Atrill & Eddie McLaney, Prentice Hall.

If the course is discontinued, students may request to be examined during the following two academic years.

• TENA - Exam, 6.0 credits, grading scale: A, B, C, D, E, FX, F

Based on recommendation from KTH’s coordinator for disabilities, the examiner will decide how to adapt an examination for students with documented disability.

The examiner may apply another examination format when re-examining individual students.

Homework assignment, followed by an individual discussion. Also, a seminar report and active participation in the seminar are needed as requirements.

Håkan Kullvén

• All members of a group are responsible for the group's work.
• In any assessment, every student shall honestly disclose any help received and sources used.
• In an oral assessment, every student shall be able to present and answer questions about the entire assignment and solution.

For many second level courses at Indek this course is the only prerequisite needed. One example is the course ME2028 Behavioural management control.

Established 2005-01-14 

Replaces 4D1022