Management Engineering

GENERAL OBJECTIVES The course clarifies and transfers to students an overview of business management by analyzing the relationships between problems and decisions of the different functional areas of the company (research and development, marketing, production and logistics, human resources management, ICT and financial) and the ways in which planning processes (formulation of strategies for business units and functions, budgeting, management of processes and operations) lead to a synthesis consistent with company objectives emerging from these areas. At the end of the course the students will acquire skills in the qualitative analysis of the effects of the endowment of resources and skills and the market positioning. They will also be able to use quantitative methods and tools of budgeting and operations management. SPECIFIC OBJECTIVES KNOWLEDGE AND UNDERSTANDING. The course will allow a comprehension of the fundamental concepts and tools of strategic analysis and its implications on processes and planning systems, managerial accounting and management of processes and operations. The student will learn to recognize and to use the fundamental models of analysis and to apply them in real contexts. CAPABILITY TO APPLY KNOWLEDGE AND UNDERSTANDING. Through the course students will be able to formulate a strategic plan at corporate, business and functional level, and to critically evaluate the business strategies, to formulate a company budget based on the company strategy and to estimate the resources necessary to satisfy the resulting plans. MAKING AUTONOMOUS JUDGEMENTS. After the course, students will be able to choose, given a business context, the best methodology of analysis and planning, through the understanding of the requirements and constraints imposed by the context; in addition the student will begin to develop the critical analysis capacity of business management. COMMUNICATE SKILLS. At the end of the course the students will be able to illustrate the concepts of business management using internationally consolidated terminology and models, to organize information and data according to a format and a reporting process comprehensible to professionals. LEARNING SKILLS. The student will develop the capability to autonomously study, to critical evaluate the strategic analysis and its implications on processes and planning systems, managerial accounting and management of processes and operations.