TTA-11016 Basics of Industrial Management, 4 cr
Person responsible
Jouni Lyly-Yrjänäinen
Lessons
Implementation 1: TTA-11016 2015-01
| Study type | P1 | P2 | P3 | P4 | Summer |
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Implementation 2: TTA-11016 2015-02
| Study type | P1 | P2 | P3 | P4 | Summer |
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Requirements
Weekly exams
Completion parts must belong to the same implementation
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 the selected articles.
Assessment scale:
Numerical evaluation scale (1-5) will be used on the course
Partial passing:
Correspondence of content
| Course | Corresponds course | Description |
| TTA-11016 Basics of Industrial Management, 4 cr | TETA-1016 Basics of Industrial Management, 4 cr |