ME1039 Industrial Management and Entrepreneurship for Media and ICT 7.5 credits

Industriell Ekonomi och Entreprenörskap inom Media och IKT

Please note

The information on this page is based on a course syllabus that is not yet valid.

  • Education cycle

    First cycle
  • Main field of study

    Technology
  • Grading scale

    A, B, C, D, E, FX, F

Course offerings

Autumn 19 for programme students

Autumn 18 for programme students

Intended learning outcomes

After passing the course, the students should be able to:

  • Explain and describe how industrial activities are led and organised.
  • Choose, interpret and use economic calculations as a basis for decision-making in different business cases.
  • Understand the basic principles of accounting and accounting
  • Compile and interpret the annual report of an industrial company at a basic level.
  • Compile and analyse financial reports at a basic level.
  • Describe the activities of an industrial company from different perspectives and carry out an analysis of its basic strengths and weaknesses based on concepts from the subject of industrial engineering and management.
  • Understand economic sustainability
  • Analyse and discuss the concept entrepreneurship in media and communication technology and ICT
  • Identify business opportunities
  • Develop and explain a business concept
  • Used creative methods to develop a business concept
  • Use basic methods for customer, market and competitor analyses
  • Develop a basic business model

Course main content

The course focuses on basic concepts and models to understand and handle economic, organizational and management issues in technology-based and industrial activities, as an engineer. The course furthermore focuses on giving basic knowledge of the entrepreneurial process.

The course contains a module that focuses on calculations (profitability calculations, product costings, investment calculations) and on accounting and the company's financing (accounting, annual reports and financial analysis, funding).

The other part of the course deals with entrepreneurship. To formulate an interesting business idea is not the end on an entrepreneurial process. It is on the contrary only beginning. The idea must, both by means of formal and informal methods be developed to a business concept and an business opportunity. During this part, the are challenged to identify needs, to identify and develop business ideas and to develop business concepts and business opportunities. As support for the work, different methods and tools are presented in a series of lectures. The participants get support in using these tools in a series of seminars, as well as further in using a blend of theoretical analyses and practice oriented learning methods. This course gives you these basic knowledge.

Eligibility

General entry requirements

Literature

Information about reading list will be communicated reported students before start of the course

Examination

  • KON1 - Voluntary partial exam 1, , grading scale: P, F
  • KON2 - Voluntary partial exam 2, , grading scale: P, F
  • KON3 - Voluntary partial exam 3, , grading scale: P, F
  • PRO3 - Project, 1.5, grading scale: A, B, C, D, E, FX, F
  • TENA - Exam, 6.0, grading scale: A, B, C, D, E, FX, F

Requirements for final grade

The students need to complete all compulsory course components to pass the course. The student's grade depends on several factors:

  • Individual work
  • Group assignments
  • Contributions in class and group activities
  • Attendance and class participation

Offered by

ITM/Industrial Economics and Management

Examiner

Terrence Brown <terrence@kth.se>

Version

Course syllabus valid from: Autumn 2019.
Examination information valid from: Autumn 2019.