Management Engineering

Knowledge and understanding The aim of the course is to introduce students to the application of the knowledge acquired within previous classes in key areas such as Finance, Operations Management, Human Resources Management, Marketing and Operations Research to the management of a virtual company. Applying knowledge and understanding Using the business game of the laboratory of economics and management engineering, all team players will impersonate the management of a virtual company and will make strategic and operational choices for their own business in a simulated market. By the end of the course, students should be able to identify and implement strategies to maximize the effectiveness and efficiency of their company in order to win the competition against other firms on the marketplace and managed by teams made up by their colleagues. Making judgements The course includes a series of meetings among the teams and the lecturer. During these meetings, students will present their decision by arguing their strategic and operational decisions on the basis of theoretical models they possess. Communication By the end of the course, students are able to provide a systemic view of the company and to develop the ability to work in a group that is increasingly important in the workplace, but often neglected in traditional training. Lifelong learning skills Students are expected to develop those learning skills necessary to provide a systemic view of the company with a high degree of autonomy. During the classes, students work as groups thus stimulating student activity and engagement. They are pushed to consult supplementary material such as specialized books and internet sites in order to accomplish the tasks effectively. These capabilities are tested and evaluated in the development of the final reports of the projects where students have to discuss their decision by arguing their strategic and operational decisions for the management of a company on the basis of theoretical models they possess.