MEM Curriculum

This course covers the critical factors affecting product development and innovation and identifies the common characteristics of successful new products drawing upon best industrial practices. The aim is to provide students with an understanding of the managerial and technical processes commonly involved in product development and innovation. Three main themes will be covered throughout this course: Product Design and Innovation; Idea Generation Techniques; Design and Innovation Project Management.

This course introduces fundamental concepts of data analytics and their application in decision-making. The emphasis is on the utilization of practical analytics tools in a complex engineering management environment. Topics covered may include the development and validation of decision-making models, data-based decision-making skills, decision variables, and constraints identification, sensitivity analysis, optimization, and predictive analysis. Students in this class will learn how to make evidence-based management decisions and develop recommendations based on data.

This course provides engineers enrolled in this program with a robust understanding of the core concepts and procedures of financial and management accounting which engineers need to enhance their capabilities as informed future managers and decision-makers. It concentrates on financial reporting and interpretation, to internal and external stakeholders of the organization. Issues of income determination, asset and liability recognition, measurement, and reporting will be addressed. It also offers an introduction to management’s use of internal accounting information for planning, managing, controlling, and evaluating business operations. Topics include cost concepts (including activity-based costing), budgeting, cost-volume-profit analysis, standard costing, performance evaluation, and product pricing.

This course the fundamental principles of financial management of business enterprises within the global financial environment. It also includes an introduction to financial analysis, planning, and models with applications to new ventures and corporations. There will also be a specific focus on the entrepreneurial process, start-up finance, venture math, business valuation methods, and new venture fundraising techniques.

This course will expose students to principles, concepts, and tools utilized in project management activities. This course will include topics such as defining project scope, and time, cost, risk, procurement, and stakeholder management. The students will be engaged in working on a major project to develop proficiency in project management activities and tools.

This is an investigation and discussion of contemporary issues in strategic management and entrepreneurship. The topics to be covered will vary from term to term according to current developments in the business world.

This course offers a basic foundation of starting a technology start-up and includes topics in idea generation and opportunity identification, customer development, market analysis, product costing, and revenue and financial planning.

This course covers the major issues associated with the management of Supply Chain and Logistics, covering both technical and managerial issues with an emphasis on the analytical decision support methods and tools. Topics include supply chain network design, inventory models and theories, transportation and logistics planning, outsourcing and pricing, and case study.

Study of relevant topics recognized as important factors for successful management of business operations. Topics include processes and their measurement in manufacturing and services, forecasting, aggregate planning, inventory management, quality control, and supply chain management.

Examines the use of manufacturing and operations as weapons in the firm's competitive arsenal. It addresses strategic questions related to the choice of proper process technology, the determination of plant size and location, the extent of vertical integration, and the continuous pursuit of quality and productivity.

Introduces appropriate marketing management concepts and techniques that can be applied to private sector business as well as to not-for-profit organizations' marketing and communication activities. Emphasis will be on the marketing mix elements of product, price, place, and promotion.

An analysis of the knowledge, roles, responsibilities, and skills required of today’s managers. Three approaches will be examined: systems, process, and behavioral. An emphasis will be placed on the contingency view of management with respect to the process of organizing human resources to set and accomplish organizational goals. 

Introduction to the applications of organization theory for the analysis and design of work organizations (industrial enterprises). Assessment and improvement of organizations through integration of social and technical systems in order to achieve an organizational purpose. Fundamentals of organization structure. Classical organization theories. Group decision processes (group and individual). Organizational culture and ethics. Organizations and manufacturing technology. Management of knowledge workers. Information and communication technologies in programs in organizations. Innovation and creativity, change management. Organizational accidents and errors, risk management. Impact of globalization and international environment on organizational strategies.