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ME1040 Industrial Management for Biotechnology 4.0 credits

Administer About course

Engineering is the art and practice of being able to combine technology with economic, managerial, and social aspects. The ability to develop technology-based businesses, manage projects, improve operations, lead teams, head organizations, lead employees, etc., requires good knowledge in Industrial Management. This course provides these basic skills.

Choose semester and course offering

Choose semester and course offering to see current information and more about the course, such as course syllabus, study period, and application information.

Application

For course offering

Autumn 2023 Start 28 Aug 2023 programme students

Application code

50533

Headings with content from the Course syllabus ME1040 (Autumn 2022–) are denoted with an asterisk ( )

Content and learning outcomes

Course disposition

See the course syllabus.

Course contents

The course focuses on basic concepts and models to understand and handle economic, organisational and management issues in technology-based and industrial operations, as an engineer. The course consists of two modules that are coordinated with ME1003 Industrial Management, Basic Course

Module Product costing and investment apperaisal

  • C/I analysis.
  • Product costing.
  • Investment apperaisal

Modul Financial Accounting and Corporate Finance

  • Book-keeping and accounting
  • Annual report and financial analysis
  • Corporate finance

The course consists of lectures and calculation exercises and is examined through two partial exams (each 1.5 higher education credits) and a written assignment (1.0 higher education credit). The grades on the partial exams and the written exam are combined to a final course grade. During the course, an optional business simulation (0 higher education credits) is offered, with associated written assignment that can raise the final course grade by one step.

Intended learning outcomes

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

  1. select, interpret and use economic calculations as a basis for decision-making in different business situations.
  2. use the basic concepts and the principles of bookkeeping and accounting, and describe and explain how the activities of an industrial enterprise can be financed,
  3. compile and analyse financial reports for an industrial enterprise
  4. describe the activities and strategic position of an existing industrial enterprise by means of concepts from the subject industrial management and carry out a basic economic analysis of the company's operations, financial position and how it is financed.

Literature and preparations

Specific prerequisites

General entry requirements.

Recommended prerequisites

None in addition to the specific prerequisites.

Equipment

None

Literature

Modern industrial management, Engwall et. al (latest edition) 

Exercises for modern industrial management, Engwall et. al ( latest edition) studentlittratur.

Futher course material may be made available on the course homepage.

Examination and completion

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

Grading scale

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

Examination

  • INLA - Assignments, 1.0 credits, grading scale: P, F
  • KON5 - Partial exam, 1.5 credits, grading scale: A, B, C, D, E, FX, F
  • KON6 - Partial exam, 1.5 credits, grading scale: A, B, C, D, E, FX, F
  • SIMA - Business simulering, - credits, grading scale: P, 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.

Opportunity to complete the requirements via supplementary examination

See the course syllabus.

Opportunity to raise an approved grade via renewed examination

Decided by the examiner.

Examiner

Profile picture Bo Karlson

Ethical approach

  • 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.

Further information

Course room in Canvas

Registered students find further information about the implementation of the course in the course room in Canvas. A link to the course room can be found under the tab Studies in the Personal menu at the start of the course.

Offered by

ITM/Industrial Economics and Management

Main field of study

Technology

Education cycle

First cycle

Add-on studies

See the course and program directory.

Transitional regulations

Admitted students who have not completed the course with previous set of examination parts will be examined within the scope of the new examination parts

Supplementary information

Read together with ME1003

The course planned to be given for the last time on ht23

Additional regulations

None