TTA-11016 Basics of Industrial Management, 4 cr

Person responsible

Jouni Lyly-Yrjänäinen

Lessons

Implementation Period Person responsible Requirements
TTA-11016 2017-01 1 Jouni Lyly-Yrjänäinen
Week exams
TTA-11016 2017-02 1 Jouni Lyly-Yrjänäinen
Week exams

Learning Outcomes

This course is mainly an introduction to industrial management. After completing this course, the student will know the basic concepts used in business management and will also be able to identify the main responsibilities and tasks of different organizational functions, such as marketing, product development, production, sourcing, and sales. The course will emphasize development of business competencies and, as a result, the student will learn to interpret financial statements and analyze how managerial decisions impact these financial figures. The course also introduces the key steps from an idea to a profitable business and, eventually, successful exit, providing the students some understanding of start-up world and the ideas and tools used in that area of management. Finally, since the course is targeted to international students, the course also focuses on intercultural communication and its challenges in business contexts. In today¿s business world, managers need to have intercultural competencies. After completing the course, the student should be better prepared to analyse and understand human behavior in multi-cultural situations and, in addition, discuss it more openly.

Content

Content Core content Complementary knowledge Specialist knowledge
1. -The role businesses play in a society -Understanding the operative business processes in B2B context -Importance of profitability for long-term success and the different ways of measuring profitability -From idea to profitable product/service -Entrepreneurship in technology-driven industries -Understanding why even profitable companies need financing -Management and leadership in multi-cultural business context     
2. -Key management concepts in different organisational functions -Understanding the linkages between different management tools and concepts     
3. -How basic management concepts and tools can be applied in real-life business context     

Instructions for students on how to achieve the learning outcomes

Studying for the week exams by reading the book chapter, doing the exercises and reading the selected articles.

Assessment scale:

Numerical evaluation scale (0-5)

Partial passing:

Completion parts must belong to the same implementation



Correspondence of content

Course Corresponds course  Description 
TTA-11016 Basics of Industrial Management, 4 cr TETA-1016 Basics of Industrial Management, 4 cr  
TTA-11016 Basics of Industrial Management, 4 cr TTA-11017 Basics of Industrial Management, 5 cr  

Updated by: Kolari Soila, 03.04.2017