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Studienplan NIT Class 18 Studienbeginn: WS 2016/17

Technology Management Master of Business Administration (MBA) 90 ECTS

Management Master of Business Administration (MBA) 90 ECTS NIT Pflicht (P) / Wahlpflicht (WP) Institut  

NIT

Pflicht (P) / Wahlpflicht (WP)

Institut

 

benotet

     

Sprache

Semester

   

Modulname Name der Lehrveranstaltung (LV)

3

Modulverantwortliche / Lehrende

Modul

Prüfungsform 1

 

LP 2

Form LV

LV

Nr.

     

Kernqualifikation

 

Pflichtbereich: 42 LP

Wahlpflichtbereich: 6 LP

 

1

P

NIT

Principles of Economics

ja

MP: Klausur, Referat, Hausarbeit

 

7

     

Prof. Dr. Frank Steffen

     

Introduction to Economics

   

(

2 )

Vorlesung

EN

1

Prof. Dr. Frank Steffen

     

Statistics

   

(

1

)

Seminar

EN

1

Tina Ladwig

     

Decision Theory

   

(

2 )

Seminar

EN

2

Prof. Dr. F. Steffen / Prof. Dr. M. Braham

     

Global Economy

   

(

2 )

Seminar

EN

2

Dr. Martin Leroch

2

P

NIT

Primary Value Chain Activities

ja

MP: Klausur, Referat, Hausarbeit

 

8

 

Prof. Dr. Christian Lüthje

     

Supply Chain Management

   

(

2 )

Seminar

EN

1/S1

Prof. Chris Rutherford, PhD

     

Research and Development

   

(

2 )

Seminar

EN

1/S1

Prof. Keith Goffin, PhD

     

Operations Management

   

(

2 )

Seminar

EN

1/S1

Prof. Dr. Michael Rosemann

     

Marketing and Sales

   

(

2 )

Seminar

EN

1/S1

Prof. Dr. Christian Lüthje

3

P

NIT

Finance and Accounting

ja

MP: Klausur, Referat, Hausarbeit

 

6

 

Prof. Dr. Gerd W. Schmidt

     

Financial Accounting

   

(

2 )

Vorlesung

EN

1

Prof. Dr. Gerd W. Schmidt

     

Management Accounting

   

(

2 )

Seminar

EN

1/S1

Prof. Rui J. Oliveira Vieira, PhD

     

Corporate Finance

   

(

2 )

Seminar

EN

3/S2

Prof. Dr. Gerd W. Schmidt

4

P

NIT

Strategy and Management

ja

MP: Klausur, Referat, Hausarbeit

 

6

 

Prof. Dr. Michael Dickmann

     

Strategy

   

(

2 )

Seminar

EN

1/S1

Prof. Dr. Carl Kock

     

Organisation and Human Resouces

   

(

2 )

Seminar

EN

3/S2

Prof. Dr. Michael Dickmann

     

International Management

   

(

2 )

Seminar

EN

3/S2

Prof. William Blake, PhD

5

P

NIT

Responsibility and Law

 

TP/TN

 

8

 

Prof. Dr. Christian Illies

     

Principles of Philosophy and Ethics

ja

Hausarbeit

 

2

Seminar

EN

2

Prof. Dr. Christian Illies

     

Good Scientific Practice and Writing

nein

Mündlicher Vortrag (Präsentation)

 

1

Übung

EN

2

Dr. Iris Lorscheid

     

Corporate Governance & Responsibilty

nein

Schriftliche Ausarbeitung

 

3

Seminar

EN

3/S2

Chris Taylor

     

International Law and Intellectual Property Rights

ja

Schriftliche Ausarbeitung

 

2

Seminar

EN

3/S2

Daniel Hoppe-Jänisch

Studienplan NIT Class 18 Studienbeginn: WS 2016/17

Technology Management Master of Business Administration (MBA) 90 ECTS

Management Master of Business Administration (MBA) 90 ECTS NIT Pflicht (P) / Wahlpflicht (WP) Institut  

NIT

Pflicht (P) / Wahlpflicht (WP)

Institut

 

benotet

     

Sprache

Semester

   

Modulname Name der Lehrveranstaltung (LV)

3

Modulverantwortliche / Lehrende

Modul

Prüfungsform 1

LP 2

Form LV

LV

Nr.

   

6

P

NIT

Communication and Leadership

 

TN

7

 

Sabine Conow

     

Communication & Conflict Management

nein

Hausarbeit

2

Übung

EN

1

Sabine Conow

     

Presentation

nein

Mündlicher Vortrag (Präsentation)

1

Übung

EN

1

Sabine Conow

     

Project Management

nein

Schriftliche Ausarbeitung, Präsentation

1

Übung

EN

1/S1

Tina Ladwig

     

Leadership and Teamwork

nein

Gruppenarbeit, Präsentation

2

Übung

EN

3/S2

Siegfried Demetz

     

Negotiation

nein

Hausarbeit

1

Übung

EN

4

Dr. Giselher Dombach

 

Eine Fremdsprache ist im Umfang von 6 ECTS zu wählen: "Deutsch als Fremdsprache" ist verbindlich für Studierende ohne ausreichende Kenntnisse in Deutsch

 

Für alle anderen: Chinesisch, Französisch oder Spanisch (nicht alle Sprachen werden in jedem Semester angeboten)

 

7

WP

NIT

Foreign Language

 

TP/TN

6

     

Anja Seitz

     

Foreign Language I

ja

Schriftl. und mündliche Prüfung

2

Übung

 

1

Sprachdozenten

     

Foreign Language II

ja

Schriftl. und mündliche Prüfung

2

Übung

 

2

Sprachdozenten

     

Language Certificate Exam

nein

Schriftl. und mündliche Prüfung

2

Übung

 

3

Sprachdozenten

Als Vertiefungsrichtung ist entweder der Classic Track: Technology Management (8A) oder der E-Track: Entrepreneurial Management (8B) mit jeweils allen Lehrveranstaltungen zu wählen.

Vertiefung Technology Management

Pflichtbereich: 0 LP

Wahlpflichtbereich: 15 LP

8A

WP

NIT

Classic Track: Technology Management

 

TP/TN

15

 

Dr. Alexander Schloske

     

Technology Assessement & Acquisition

ja

Mündlicher Vortrag (Präsentation), schriftliche Ausarbeitung

2

Seminar

EN

1/S1

Prof. Tugrul Daim, PhD

     

Organisational Behaviour

nein

Mündlicher Vortrag (Präsentation)

2

Übung

EN

1

Prof. Dr. Niels Van Quaquebeke

     

Quality Management

ja

Mündlicher Vortrag (Präsentation)

2

Seminar

EN

2

Dr. Alexander Schloske

     

Technology Roadmapping

nein

Mündlicher Vortrag (Präsentation)

2

Seminar

EN

4

Prof. Tugrul Daim, PhD

     

Business Planning

ja

Mündlicher Vortrag (Präsentation), schriftliche Ausarbeitung

3

Seminar

EN

3/S2

Prof. Dr. Thomas J.C. Matzen

     

Management of IT

nein

Mündlicher Vortrag (Präsentation), Hausarbeit

2

Seminar

EN

3

Tobias Berger

     

Current Challenges and Trends in Technology Management

nein

Hausarbeit

2

Vorlesung

EN

4

NIT Faculty

Studienplan NIT Class 18 Studienbeginn: WS 2016/17

Technology Management Master of Business Administration (MBA) 90 ECTS

Management Master of Business Administration (MBA) 90 ECTS NIT Pflicht (P) / Wahlpflicht (WP) Institut  

NIT

Pflicht (P) / Wahlpflicht (WP)

Institut

 

benotet

     

Sprache

Semester

   

Modulname Name der Lehrveranstaltung (LV)

3

Modulverantwortliche / Lehrende

Modul

Prüfungsform 1

LP 2

Form LV

LV

Nr.

   

Vertiefung Entrepreneurial Management

 

Pflichtbereich: 0 LP

Wahlpflichtbereich: 15 LP

8B

WP

NIT

E-Track: Entrepreneurial Management

 

TP/TN

15

 

Prof. Dr. Christian Lüthje

     

Venture Cup

nein

Mündlicher Vortrag (Präsentation), schriftliche Ausarbeitung

2

Übung

EN

1

Prof. Dr. C. Lüthje / Prof. Dr. T.J.C. Matzen

     

Idea Generation and First Structured Planning

nein

Mündlicher Vortrag (Präsentation)

2

Seminar

EN

1

Prof. Dr. Reinhard Prügl

     

Business Planning (E-Track)

nein

Mündlicher Vortrag (Präsentation), schriftliche Ausarbeitung

2

Seminar

EN

1/S1+2/S3

Prof. Dr. Thomas J.C. Matzen

     

Business Proposal Development

ja

Mündlicher Vortrag (Präsentation), schriftliche Ausarbeitung

3

Übung

EN

2+3

Prof. Dr. Christian Lüthje

     

Key Critical Success Factors

nein

Mündlicher Vortrag (Präsentation), Hausarbeit

2

Seminar

EN

2

Prof. Sebastian Fixson, PhD

     

Entrepreneurial Finance

ja

Hausarbeit

2

Seminar

EN

4

Prof. Dr. Christoph Ihl

     

Corporate Entrepreneurship

ja

Mündlicher Vortrag (Präsentation), Hausarbeit

2

Seminar

EN

3

Prof. Dr. Christoph Ihl

Praktikum

Pflichtbereich: 12 LP

Wahlpflichtbereich: 0 LP

 

9

P

 

Internship

nein

Praktikumsbericht

12

 

DE/EN

3

NIT Examination Office

Abschlussarbeit

 

Pflichtbereich: 15 LP

Wahlpflichtbereich: 0 LP

 

10

P

 

Master's Thesis

ja

Abschlussarbeit gem. § 9 FSPO

15

 

DE/EN

3-4

TUHH-Prof. Dekanat W

1 MP = Modulprüfung / TP = Modul-Teilprüfung nach §3 ASPO; MN = Modulnachweis / TN =Modul-Teilnachweis nach § 16 ASPO

2 LP-Angaben in Klammern werden erst mit erfolgreichem Abschluss des gesamten Moduls gutgeschrieben

3 1/S1 = Spring School 1 (4-wöchige Blockveranstaltung Ende 1. Semester im März); 3/S3 = Spring School 2 (4-wöchige Blockveranstaltung Ende 3. Semester im Februar)

Module 1 (Compulsory) Principles of Economics

Module 1 (Compulsory) Principles of Economics Courses in Module: 1. Introduction to Economics 2. Statistics

Courses in Module:

1.

Introduction to Economics

2.

Statistics

3.

Decision Theory

4.

Global Economy

Module Coordinator:

Length, Frequency:

Language of Instruction:

Prof. Dr. Frank Steffen

2 Semesters, every year

English

Pre-Requisites (courses/materials):

Admission to study program

Pre-readings as assigned

Usability for other modules:

Modules 2 and 4

Usability for other study programs:

MBA / M.A. Technology Management

Workload:

Grading:

ECTS Credit Points:

Contact Hours: 90 hrs

One final grade for module

7 for the module

Self Study: 120 hrs

NIT Grading Scale

Credit is awarded based on final grade for module

Total: 210 hrs

Grade is weighted by ECTS Credit Point value

Class attendance is required

Scope of Module:

This module introduces students to “how to think like an economist” when approaching business and managerial decisions. Students will be taught how to structure and analyze business problems using economic theory and think about the problems of allocating scarce resources in a reflective way. Particular attention will be given to demonstrating how an understanding of economics will enhance their professional capacity.

Management Education for Engineers

9/2016

www.nithh.de

The module consists of four courses. The first course, ‘Introduction to Economics’, will familiarize students

The module consists of four courses. The first course, ‘Introduction to Economics’, will familiarize students with the fundamental concepts, analytical tools, and insights from economic theory. A core requirement for the successful application these tools and insights is a solid understanding of data. This will be learned in the course ‘Statistics’ in which students will be taught how to prepare and assess data that is relevant for business decisions. The two courses, ‘Decision Theory’ and ‘Global Economy’, are designed to expand students’ knowledge and skills in economics in individual, strategic and collective decision-making, on the one hand, and in global economic relations on the other. In both courses students will have the opportunity to apply their newly acquired understanding of economics in intensive discussions and group-based case studies (which also presuppose the knowledge acquired in the course ‘Statistics’).

NIT Grading Scale:

1.0

95

- 100 %

Very Good

1.3

90

- 94 %

= an outstanding result

1.7

85

- 89 %

Good

2.0

80

- 84 %

= a result that is substantially better than

2.3

75

- 79 %

average requirements

2.7

70

74 %

 
 

Satisfactory

   

3.0

65

- 69 %

 
 

= a result that meets

3.3

60

- 64 %

average requirements

3.7

55

59 %

Sufficient / Adequate

4.0

 

= a result that despite shortcomings still

50

- 54 %

satisfies requirements

4.3

45

49 %

Fail

5.0

< 45%

= a result that due to considerable shortcomings does not satisfy requirements.

Grades are weighted by ECTS Credit Point value.

Management Education for Engineers

9/2016

www.nithh.de

Module 1 (Compulsory)

Principles of Economics

1. Introduction to Economics

Principles of Economics 1. Introduction to Economics Instructor: Prof. Dr. Frank Steffen University of

Instructor:

Prof. Dr. Frank Steffen University of Bayreuth

Course Format / Methods:

Lecture

Semester, Frequency:

Every Winter Semester Year 1

Language of Instruction:

English

Pre-Requisites (courses/materials):

None

Workload:

Grading:

ECTS Credit Points:

Contact Hours: 28 hrs

NIT Grading Scale

2

for this course

Self Study: 32 hrs

Part of one final module grade, weighted by ECTS credit point value.

7

for the module

Total: 60 hrs

 

Grade is awarded based on exams and performance assessment (see below)

ECTS Credits Points are awarded after the full module is completed.

Class attendance is required

Course Description:

In a complex and globalized business world, an understanding of the principles of economics is a prerequisite for successful management practice. This course aims to equip students with the essential concepts and tools of microeconomics. Students will be introduced to concepts such as opportunity cost, elasticity, efficiency, marginal costs and benefits, economic profit, demand and supply, welfare, externalities, and asymmetric information which will be utilized to analyze business decisions under alternative market structures. Furthermore, students will be made familiar with the reasoning that lies behind diverse governmental interventions in the market and the implications of asymmetric information for markets and business relationships. Emphasis will be given to applications of economic theory to managerial decision-making in modern market economies.

Intended Learning Outcomes:

Familiarity with fundamental economic concepts such as opportunity cost, elasticity, efficiency, marginal costs and benefits, economic profit, demand and supply, welfare, externalities, and asymmetric information

Familiarity with the analysis of managerial decisions under alternative market structures such as perfect competition, monopoly, monopolistic competition, and oligopoly.

Management Education for Engineers

9/2016

www.nithh.de

 Familiarity with the reasoning behind and the implications of diverse governmental interventions in the

Familiarity with the reasoning behind and the implications of diverse governmental interventions in the market and the implications of asymmetric information for markets and business relationships.

Familiarity with the economic analysis of consumer behavior.

Understanding the role of fundamental economic concepts and tools for business decisions.

Understanding of how business and management studies arise from the operation of a particular economic model.

Capability to apply the fundamental economic concepts and tools in order to analyze the operation of modern market economies.

Capability to apply the fundamental economic concepts and tools in their approach to other courses and to their professional work.

Contents & Timeline:

Lecture

Topics

Chapters

Chapters

 

3

rd

edn.

*)

2 nd edn. **)

1

Course Overview and Introduction

1 & 2

 

1 & 2

2

The Market and the Principles of Demand and Supply

3

4

3

Elasticity

4

5

4

Policy Interventions

8

6

5

Markets and Welfare

7 & 9

 

7 & 8

6

The Cost of Production

6 & 13

13

7

Profit Maximisation and Competitive Supply

6 & 13

14

8

Monopoly

14

 

15

9

Monopolistic Competition and Oligopoly

15 & 16

 

16 & 17

10

The Theory of Consumer Choice

5

21

11

Externalities, Public Goods and Common Resources

10 & 11

 

10 & 11

12

Asymmetric Information

12

 

22

13

Written Exam

14

Written Exam Review

*) Mankiw, N.G. & Taylor, M.P. (2014), Microeconomics, 3rd ed., South-Western Cengage Learning. **) Mankiw, N.G. & Taylor, M.P. (2011), Microeconomics, 2nd ed., South-Western Cengage Learning.

Performance Assessment / Method of Examination:

Written Exam

Management Education for Engineers

9/2016

www.nithh.de

Required Readings: Participants are expected to read and digest about 30 pages per week of

Required Readings:

Participants are expected to read and digest about 30 pages per week of the following main textbook:

Mankiw, N.G. & Taylor, M.P. (2014), Microeconomics, 3rd ed., South-Western Cengage Learning.

Students may also use:

Mankiw, N.G. & Taylor, M.P. (2014), Economics, 3rd ed., South-Western Cengage Learning.

which contains the material of the textbook above, but contains also macroeconomic topics, which are not covered in this course. Earlier editions are also suitable for the purpose of this course. Both books are leading and inter- nationally best-selling textbooks on economic principles, i.e., an introductory level.

Recommended Readings:

Supplementary study aid at an introductory level:

Olney, M.L. (2009) Microeconomics as a Second Language, Wiley.

Major textbooks written at an intermediate level:

Pindyck, R.S. & Rubinfeld, D.L. (2013), Microeconomics, 8th ed., Pearson.

Varian, H.R. (2014), Intermediate Microeconomics, 9th ed., Norton.

Varian, H.R. (2014), Intermediate Microeconomics with Calculus, Norton.

Newer textbooks written at an intermediate level:

Nechyba, T.J. (2011) Microeconomics: An Intuitive Approach with Calculus, South-Western Cengage Learning.

Moreover, participants might find it enlightening to read the following prior to the course in order to make themselves familiar with some core economic concepts

Smith, D. (2008), Free Lunch: Easily Digestible Economics, Profile Books.

Faculty Contact Information:

Prof. Dr. Frank Steffen

frank.steffen@uni-bayreuth.de

http://www.governance.uni-bayreuth.de/en/team/Steffen_Frank/index.html

Management Education for Engineers

9/2016

www.nithh.de

Module 1 (Compulsory)

Principles of Economics and Management

2. Statistics

Principles of Economics and Management 2. Statistics Instructor: T i n a L a d w

Instructor:

Tina Ladwig

TUHH

Course Format / Methods:

2,5 day interactive lecture with class-room discussion on real business problems, case study analysis and presentation in class, group work, exercises in statistical software packages

Semester, Frequency:

Every Winter Semester Year 1

Language of Instruction:

English

Pre-Requisites (courses/materials):

None

Workload:

Grading:

ECTS Credit Points:

Contact Hours:14 hrs

NIT Grading Scale

1

for this course

Self Study: 16 hrs

Part of one final module grade, weighted by ECTS credit point value.

7

for the module

Total: 30 hrs

 

Grade is awarded based on exams and performance assessment (see below)

ECTS Credits Points are awarded after the full module is completed.

Class attendance is required

Contents:

Statistics is about improved decision-making. We achieve this through a thorough understanding of the data. We want to leave our pre-conceived notions at the door, and let the data tell us what is going on in a situation. The analytical techniques should inform our decision-making. As such, it plays an important role in management decision processes. The objective of this course is to introduce basic concepts in statistics that have wide applicability in business decision making. Therefore, the focus will be more practical than theoretical. Because statistical analysis informs the judgment of the ultimate decision-makerrather than replaces itwe will cover some key conceptual underpinnings of statistical analysis to insure we understand its proper usage.

Intended Learning Outcomes:

Gain an overview of statistical procedures used to support decision making in practice.

Understand the language, conceptual models and analytical techniques that are applicable in confronting decision-making problems.

Gain the ability to approach statistical problems using a systematic and analytical process.

Management Education for Engineers

9/2016

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 Gain the ability to formulate and test hypotheses using empirical data.  Understand relationships

Gain the ability to formulate and test hypotheses using empirical data.

Understand relationships between variables and use those relationships to make decisions.

Apply knowledge and procedures using standard statistical software packages and understand resulting output.

Improve overall quantitative skills.

Skills:

Students will learn how

to approach problems using a systematic, analytical process,

to analyse and interpret data as well as

to present results with regard to supporting effective decision making.

Performance Assessment / Method of Examination:

Written Assignment:

Presentation: 30%

Participation in class discussion

70%

Required Readings:

Groebner/Shannon/Fry/Smith (2011): Business Statistics: A Decision-Making Approach, 8th edition, Pearson.

Malhotra (2010): Marketing Research An Applied Orientation, 6th edition, Pearson: Prentice Hall.

Recommended Readings:

Mooi, E.& Sarstedt, M. (2011): A Concise Guide to Market Research: The Process, Data, and Methods Using IBM SPSS Statistics, Springer.

Field (2009): Discovering Statistics Using SPSS, 3rd edition, Sage.

Required Software for the course:

Microsoft Excel 98 or higher

IBM SPSS / PASW Statistics (install the student version provided and distributed from a student assistant or download and install the SPSS (free) trial version)

Faculty Contact Information:

Instructor:

Tina Ladwig

Email:

Management Education for Engineers

9/2016

www.nithh.de

Module 1 (Compulsory)

Principles of Economics

3. Decision Theory

1 (Compulsory) Principles of Economics 3. Decision Theory Instructor: Prof. Matthew Braham / Prof. Dr. Frank

Instructor:

Prof. Matthew Braham / Prof. Dr. Frank Steffen University of Bayreuth

Course Format / Methods:

2 day interactive seminar with lectures, group work and case studies

Semester, Frequency:

Every Summer Semester Year 1

Language of Instruction:

English

Pre-Requisites (courses/materials):

None

Workload:

Grading:

ECTS Credit Points:

Contact Hours: 28 hrs

NIT Grading Scale

2

for this course

Self Study: 32 hrs

Part of one final module grade, weighted by ECTS credit point value.

7

for the module

Total: 60 hrs

 

Grade is awarded based on exams and performance assessment (see below)

ECTS Credits Points are awarded after the full module is completed.

Class attendance is required

Contents:

Decision theory is concerned with three domains of problems: how a decision-making agent should make the best possible decisions given uncertain and risky circumstances in the environment; how a decision-making agent should make the best possible decision when faced by other decision-making agents who may have contrary interests; and how a group of agents acting together in a committee should make the best possible decisions. All these problems are faced by entrepreneurs and managers alike.

During this course students will be introduced to the fundamental concepts and principles of decision theory, such as normal and extensive form games, solution concepts, and aggregation procedures. This is an innovative and interactive seminar course. The goal is to create a structured problem- solving ‘learning laboratory’ in which students develop their abilities to think in decision-theoretic terms when presented with practical real-world decision-making problems taken from professional and business experience. All theory will be embedded in case studies which will be used to contrast ‘intuitive’ approaches to decision-making problems with structured and systematic approaches.

Management Education for Engineers

9/2016

www.nithh.de

Intended learning outcomes:

At the end of the seminar course students will have acquired

At the end of the seminar course students will have acquired  An understanding of the

An understanding of the key concepts of classical decision-theory, game theory, and collective choice;

A basic ability to systematically structure real-world problems within a decision-theoretic framework;

A basic ability to analyze a real-world problem with decision-theoretic solution concepts at an introductory level.

An ability to communicate the results of a decision-theoretic analysis in a non-technical manner to a wider audience.

Course Structure:

This is an intensive two-day seminar course that will provide students with an introduction to the three main areas of decision theory:

Decisions under uncertainty and risk (classical decision theory)

Strategic decision-making (game theory)

Committee decision-making (collective choice)

For each of the three different areas of decision-theory students will be divided into working groups of 4 or 5 (which will change with each topic). Each group will have to define and solve a selection of problems and present their analyses to other groups. Both instructors will provide intensive moderation in the groups and circulate among the groups. There will be three lectures.

Performance Assessment / Method of Examination:

Written Exam

Required Readings:

As the teaching and learning concept is based on structuring intuitive analyses no prior reading material will be distributed as this would interfere with the didactical concept.

Recommended Readings:

Students will be given a list of recommended reading at the end of each of the seminar days. These reading resources will be available in print and on-line.

Faculty Contact Information:

Prof. Dr. Matthew Braham

Prof. Dr. Frank Steffen

frank.steffen@uni-bayreuth.de

Management Education for Engineers

9/2016

www.nithh.de

Module 1 (Compulsory)

Principles of Economics

4. Global Economy

1 (Compulsory) Principles of Economics 4. Global Economy Instructor: Course Format / Methods: Semester,

Instructor:

Course Format / Methods:

Semester, Frequency:

Language of Instruction:

Pre-Requisites (courses/materials):

Dr. Martin Leroch

2 day seminar with lectures, group work and class discussion

Every Summer Semester Year 1

English

Introduction to Economics

Workload:

Grading:

ECTS Credit Points:

Contact Hours: 28 hrs

NIT Grading Scale

2

for this course

Self Study: 32 hrs

Part of one final module grade, weighted by ECTS credit point value.

7

for the module

Total: 60 hrs

 

Grade is awarded based on exams and performance assessment (see below)

ECTS Credits Points are awarded after the full module is completed.

Class attendance is required

Contents:

In this course students learn about three general fields of economics: macroeconomics, international trade and political economy.

Macroeconomics is the analysis of the economy as a whole. In the first part of the course, fundamental macroeconomic concepts like GDP, growth, aggregate supply and demand are introduced and set in relation.

In the second part, students learn about models that analyze why countries trade at all, which patterns of trade would be expected and how these predictions match reality.

The final third part introduces two forms of political intervention: fiscal policies and monetary policies. Here, the economic logic underlying both forms of intervention will be discussed.

Due to the broad scope, the course is largely lecture-based. Seminar elements will be provided by the discussion of e.g. newspaper articles in reference to the theories introduced.

Management Education for Engineers

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Intended Learning Outcomes:

Intended Learning Outcomes:  Capability to apply the basic models introduced (trade models, financial market models,

Capability to apply the basic models introduced (trade models, financial market models, international economics models) to issues of global political economy

Ability to relate different economic theories

Capability to understand the underlying logic of macroeconomic data

Ability to apply microeconomic market models to macroeconomic settings

Successful students will be able to understand the “logic” of macroeconomic data and provide theoretical arguments underlying economic policy interventions. Building on these qualifications, they will also be able to discuss the effects of planned policies in reference to economic models.

Performance Assessment / Method of Examination:

Written Exam

Recommended Readings:

Bowles, S., R. Edwards, F. Roosevelt (2004), Understanding Capitalism: Competition, Command and Exchange, Oxford: Oxford University Press (selected Chapters)

Burda, M. and C. Wyplosz (2009), Macroeconomics: A European Text, Oxford: Oxford University Press (selected Chapters)

Krugman, P.R. and M. Obstfeld (2009), International Economics: Theory and Policy, Amsterdam et al.: Addison Wesley (selected Chapters)

Faculty Contact Information:

Dr. Martin Leroch

Management Education for Engineers

9/2016

www.nithh.de

Module 2 (Compulsory) Primary Value Chain Activities

Module 2 (Compulsory) Primary Value Chain Activities Courses in Module: 1. Supply Chain Management 2.

Courses in Module:

1.

Supply Chain Management

2.

Research and Development

3.

Operations Management

4.

Marketing and Sales

Module Coordinator:

Length, Frequency:

Language of Instruction:

Prof. Dr. Christian Lüthje

1 Semester, every year

English

Pre-Requisites (courses/materials):

Admission to study program

Pre-readings as assigned

Usability for other modules:

Modules 4 and 8

Usability for other study programs:

MBA / M.A. Technology Management

Workload:

Grading:

ECTS Credit Points:

Contact Hours: 112 hrs

One final grade for module

8 for the module

Self Study: 128 hrs

NIT Grading Scale

Credit is awarded based on final grade for module

Total: 240 hrs

Grade is weighted by ECTS Credit Point value

Class attendance is required

Scope of Module:

This module contributes to a general overview and understanding elementary, management-related issues in a globalized environment. It covers the primary value-adding functions of an organization:

Research and Development, Supply Chain Management, Operations Management, and Marketing and Sales. Students learn how these functions are interrelated and develop an understanding for the challenges they can pose to one another.

Management Education for Engineers

9/2016

www.nithh.de

NIT Grading Scale:

NIT Grading Scale: 1.0 95 - 100 % Very Good 1.3 90 - 94 % =

1.0

95

- 100 %

Very Good

1.3

90

- 94 %

= an outstanding result

1.7

85

- 89 %

Good

2.0

80

- 84 %

= a result that is substantially better than

2.3

75

- 79 %

average requirements

2.7

70

74 %

 
 

Satisfactory

   

3.0

65

- 69 %

 
 

= a result that meets

3.3

60

- 64 %

average requirements

3.7

55

59 %

Sufficient / Adequate

4.0

50

- 54 %

= a result that despite shortcomings still satisfies requirements

4.3

45

49 %

Fail

5.0

< 45%

= a result that due to considerable shortcomings does not satisfy requirements.

Grades are weighted by ECTS Credit Point value.

Management Education for Engineers

9/2016

www.nithh.de

Module 2 (Compulsory)

Primary Value Chain Activities

1. Supply Chain Management

Primary Value Chain Activities 1. Supply Chain Management Instructor: Course Format / Methods: Semester,

Instructor:

Course Format / Methods:

Semester, Frequency:

Language of Instruction:

Pre-Requisites (courses/materials):

Dr. Christine Rutherford Heriot-Watt University, Edinburgh

3 day seminar with lectures, case studies, class discussion, problem-based learning exercises, experiential learning through class simulation exercises

Every Winter Semester Spring School 1

English

Operations Management

Workload:

Grading:

ECTS Credit Points:

Contact Hours: 28 hrs

NIT Grading Scale

2

for this course

Self Study: 32 hrs

Part of one final module grade, weighted by ECTS credit point value.

8

for the module

Total: 60 hrs

 

Grade is awarded based on exams and performance assessment (see below)

ECTS Credits Points are awarded after the full module is completed.

Class attendance is required

Intended Learning Outcomes:

Understand the supply chain concepts that are relevant to today’s business environment;

Understand how logistics and supply chain management can be leveraged to gain competitive advantage;

Appreciate the importance of integrated supply chain planning and how to achieve this in modern supply chains;

Gain a critical appreciation of the principles, processes and tools used to design global supply networks;

Appreciate the importance of supply chain risk management.

Management Education for Engineers

9/2016

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Contents:

Logistics, the supply chain and competitive advantage

Time-based competition in the supply chain

Integrated planning in the supply chain

Management of logistical systems

Supply chain risk and resilience in a changing world

Supply network design

Performance Assessment / Method of Examination:

Post-Assignment

Group work / Presentation

 Post-Assignment  Group work / Presentation Recommended Readings: Christopher, M. (2000) The Agile

Recommended Readings:

Christopher, M. (2000) The Agile Supply Chain, IMM, 29, 37-44

Related Links:

Fortune Magazine www.fortune.com topical current affairs and business

Gartner www.gartner.com research papers and analysis of IT industries

Institute for Operations Research and the Management Societies (INFORMS) www.informs.org links to Operations Research and Management Sciences websites

John Gattorna’s webpage www.johngattorna.com

Manufacturing Net www.manufacturing.net articles about SCM and many aspects of research operations. Free subscription to weekly newsletters and online magazines.

Martin Christopher's webpage www.martin-christopher.info

Supply Chain Brain www.glscs.com Global Logistics and Supply Chain Strategy online magazine focus on supply chain developments and innovative thinking

California Management Review http://cmr.berkeley.edu

Sloan Management Review http://sloanreview.mit.edu/

Contact:

Management Education for Engineers

9/2016

www.nithh.de

Module 2 (Compulsory)

Primary Value Chain Activities

2. Research and Development

Primary Value Chain Activities 2. Research and Development Instructor: Course Format / Methods: Semester,

Instructor:

Course Format / Methods:

Semester, Frequency:

Language of Instruction:

Pre-Requisites (courses/materials):

Prof. Keith Goffin, Ph.D. Cranfield School of Management

Seminar with lectures, team based experiential exercises, team based simulation, and field trip

Every Winter Semester Spring School 1

English

Pre-readings as assigned

Workload:

Grading:

ECTS Credit Points:

Contact Hours: 28 hrs

NIT Grading Scale

2

for this course

Self Study: 32 hrs

Part of one final module grade, weighted by ECTS credit point value.

8

for the module

Total: 60 hrs

 

Grade is awarded based on exams and performance assessment (see below)

ECTS Credits Points are awarded after the full module is completed.

Class attendance is required

Intended Learning Outcomes:

On successfully completing this course you will:

1. Understand the nature of innovation and be able to identify the potential for innovation within an organization and/or network;

2. Be familiar with the key tools and techniques for managing new product development, and have the ability to critically select and apply these in actual business situations

3. Understand the role of business model innovation.

4. Understand the key issues in managing innovation.

Up until now relatively few organizations have introduced the role of ‘innovation manager’, but this is now changing, and the skills developed by this elective are increasingly recognized by employers as essential ones.

Management Education for Engineers

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Scope: This course addresses an issue that is critical to all organizations – innovation. This

Scope:

This course addresses an issue that is critical to all organizations innovation. This includes generating and implementing ideas for new products, services, operational processes, business processes and even new business models. Innovation management is complex, as it requires managers to take ideas from a range of disciplines (e.g. creativity, technology management, human resource management, etc.) and apply them in a co-ordinated way so as to increase an organization’s capacity to innovate. The challenge is equally important in service, manufacturing and other sectors and applies to the whole of an organization or network and not just the R&D function. Managers must approach innovation in a cross-functional way and use the ideas from different branches of management. The area of innovation management is developing fast and so this course aims to give students an introduction to the latest developments in a practical and exciting way.

Special Features:

City Car Product and Service Simulation

Company visit to one of NIT’s sponsor companies

Performance Assessment / Method of Examination:

Post Assignment (based on simulation)

Reading Resources:

Goffin, K. & Mitchell, R. Innovation Management: Strategy and Implementation Using the

Pentathlon Framework. Palgrave Macmillan: 2

nd

edition, 2010. Read Chapters 1, 5 and 7.

AXA case. Read and prepare the assignment questions shown in Table 1.

BizEd article: Read the description of the simulation and consider (in conjunction with reading Chapter 7 above) how you think such a new product development should be managed.

Research Technology Management article (Goffin et al, 2010). Read about the role of tacit knowledge and the key lessons that new product development managers have learned in managing projects. Consider how you can apply this learning in the simulation.

Faculty Contact: k.goffin@cranfield.ac.uk Keith Goffin is Professor of Innovation and New Product Development at the Cranfield School of Management. Website

Management Education for Engineers

9/2016

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Module 2 (Compulsory)

Primary Value Chain Activities

3. Operations Management

Primary Value Chain Activities 3. Operations Management Instructor: Prof. Dr. Michael Rosemann Queensland

Instructor:

Prof. Dr. Michael Rosemann Queensland University of Technology

Course Format / Methods:

3 day seminar with lectures, classroom discussion, group work, presentations

Semester, Frequency:

Every Winter Semester Spring School 1

Language of Instruction:

English

Pre-Requisites (courses/materials):

None

Workload:

Grading:

ECTS Credit Points:

Contact Hours: 28 hrs

NIT Grading Scale

2

for this course

Self Study: 32 hrs

Part of one final module grade, weighted by ECTS credit point value.

8

for the module

Total: 60 hrs

 

Grade is awarded based on exams and performance assessment (see below)

ECTS Credits Points are awarded after the full module is completed.

Class attendance is required

Intended Learning Outcomes:

Understanding of the methods, techniques and tools of MRP II

Appreciation for the impact of external factors on operations management

Ability to use quantitative approaches to plan and control corporate production processes

Comprehension for the complexity drives in operations management

Awareness for current IT solutions supporting operations management

Contents:

Complexity Drivers of Operations Management

Development Phases of Operations Management

Data in Operations Management

Functions in Operations Management

Management Education for Engineers

9/2016

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Performance Assessment / Method of Examination:

Class participation

Overnight assignment (Day 1)

Group work/presentation

Recommended Readings:

(Day 1)  Group work/presentation Recommended Readings:  J. Heizer, B. Render: Operations Management. 10th

J. Heizer, B. Render: Operations Management. 10th edition, Prentice Hall 2010.

A. S. Raturi, J. R Evans: Principles of Operations Management. Thomson 2005.

D. Simchi-Levi, P. Kamisky, E. Simchi-Levi: Designing and Managing the Supply Chain. 3rd edition, McGraw-Hill 2007.

J. D. Wisner, G. Keong Leong, K.-C. Tan: Principles of Supply Chain Management: A Balanced Approach. 3rd edition, South-Western College Pub 2011.

Further Information:

Management Education for Engineers

9/2016

www.nithh.de

Module 2 (Compulsory)

Primary Value Chain Activities

4. Marketing and Sales

Primary Value Chain Activities 4. Marketing and Sales Instructor: Course Format / Methods: Semester,

Instructor:

Course Format / Methods:

Semester, Frequency:

Language of Instruction:

Pre-Requisites (courses/materials):

Prof. Dr. Christian Lüthje TUHH

3 day seminar with lectures, case study analysis, group work, discussion, short presentations, short teaching videos

Every Winter Semester Spring School 1

English

Pre-Readings as assigned

Pre- Assignment

Workload:

Grading:

ECTS Credit Points:

Contact Hours: 28 hrs

NIT Grading Scale

2

for this course

Self Study: 32 hrs

Part of one final module grade, weighted by ECTS credit point value.

8

for the module

Total: 60 hrs

 

Grade is awarded based on exams and performance assessment (see below)

ECTS Credits Points are awarded after the full module is completed.

Class attendance is required

Intended Learning Outcomes:

Subject-related knowledge and understanding:

Reasons for market failure of innovations

Methods for analyzing the current situation of markets and to apply tools to forecast the future development of those markets

Concepts which enable strategic analysis of markets that lay the foundation for formulating a market and innovation strategy

Market research tools which enable companies to develop market-oriented innovations

Approaches which are fundamental for the successful launch of innovations (pricing, communication, sales)

Management Education for Engineers

9/2016

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Subject-related skills:

After completing this module, students will have skills in:

After completing this module, students will have skills in:  analyzing market situations  decision making

analyzing market situations

decision making for marketing strategies

applying methods to ensure market-orientation in product development

designing appropriate market launch activities

Key Qualifications:

After completing this module, students will have skills:

for better coping with challenges of customer-orientation when generating and launching substantial innovations

for increasing the likelihood of market success of innovations and business models

Contents:

Which are the challenges of market-oriented innovation? Can marketing approaches used by companies to pursue innovation actually erode their capability to develop really new and substantial innovations?

How can companies assess marketing opportunities and forecast patterns of market evolution?

Which methods and tools are appropriate to understand customer needs, to develop fast concepts/prototypes on the basis of this understanding and to continuously test the market potential of the innovations?

Which factors foster the adoption of new products and services? Which marketing activities may therefore support the successful market launch and diffusion of innovations?

Performance Assessment / Method of Examination:

Pre-Assignment

Post-Assignment

Class Participation

Group Work / Presentation

Required Pre-Reading and Pre-Assignment:

Christensen, C. (2006). Hewlett-Packard: The Flight of the Kittyhawk (A). Harvard Business School Case, No. 9-606-088, 18 p.

This case describes the attempt of the Hewlett-Packard’s Disk-Memory Division to develop and introduce a revolutionary tiny disk drive. Even though the managers followed some of the recommended “best practices” the project failed.

Using this case study, write a 2 page document, in which you answer the following question:

1. What appropriate decision did the Kittyhawk team make?

2. What wrong turns did they make?

When you answer to these two questions, please also consider the way the team set out to find a market for the Kittyhawk.

Management Education for Engineers

9/2016

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Required Readings:

Required Readings:  Gourville, J. T. (2005): Holding Fast, Case Study, Harvard Business Review.  Gupta,

Gourville, J. T. (2005): Holding Fast, Case Study, Harvard Business Review.

Gupta, S. / Narayandas, D. (2008): BIOCON: Launching a new cancer drug in India, HBS Case Study, No. 9-508-026

Recommended Readings:

Anderson et al. (2006): Customer value proposition in business markets. Harvard Business Review. 84 (March).

Christensen, C. M. (1997). Innovator's Dilemma: When New Technologies Cause Great Firms to Fail, Harvard Business Press, Chapter 1: How can great firms fail?, pp. 3-24.

Comstock et al. (2010): Unleashing the power of marketing. Harvard Business Review, 88 (October), p. 90-98.

Crawford, M., Di Bendetto, H. (2008). New Products Management. 9th edition, Boston u.a., McGraw-Hill, Gabler, QFD and Target Costing, Extract: pp. 147-156, 274-280

Garvin, D./Levesque, L. (2006). A note on Scenario Planning, Harvard Business School, pp.

17.

Gustafsson, A., Herrmann, A. Huber, F. (Editors): Conjoint Measurement: Methods and Applications. Springler, Berlin, 2001

Hair, J. F., Bush, R. P., Ortinau, D. J. (2009). Marketing research. 4th edition, Boston et al., McGraw Hill, Positioning Models, Extract: pp. 504-505 and pp.563-572.

Homburg, C., Kuester, S., Krohmer, H. (2009). Marketing Management, McGraw-Hill, Higher Education, 2009, Pricing theory, Extract: pp. 164-170

Leonard, D., Rayport, J. F. (1997). Spark Innovation through empathic design. Harvard Business Review, 75 (6), pp. 102-113.

Mohr, J., Sengupta, S., Slater, S. (2005). Marketing of high-technology products and innovations, second edition, Pearson education. ISBN 0-13-123023-9. Chapter 4 (S. 108-130), Chapter 5 (S. 131-167), Chapters 8-10 (S. 252-361).

Monroe, K. B. (2002). Pricing: Making Profitable Decisions, 3rd edition, McGraw-Hill/Irwin

Rogers, E.M. (2003). Diffusion of Innovation (Fith Edition.), New York.: Free Press, Extract:

pp. 272-285.

Schmidt, R. Steffenhagen, H. (2000). Quality Function Deployment, In: Handbuch Produktmanagement, Albers S., Herrmann, G. (Hrsg), Wiesbaden, Gabler, pp. 643-659.

Teece, D. J. (1986). Profiting from technological innovation: Implications for integration, collaboration, licensing and public policy. Research Policy 15(6). Extract: pp. 286-292

Ulrich, K.T., Eppinger, S.D. (2005). Product Design and Development (Third Edition), New York et al., Mc Graw Hill, Product Design, Extract: pp. 245- 261.

Faculty Contact: c.luethje@tuhh.de

Management Education for Engineers

9/2016

www.nithh.de

Module 3 (Compulsory) Finance and Accounting

Module 3 (Compulsory) Finance and Accounting Courses in Module: 1. Financial Accounting 2. Management

Courses in Module:

1.

Financial Accounting

2.

Management Accounting

3.

Corporate Finance

Module Coordinator:

Length, Frequency:

Language of Instruction:

Prof. Dr. Gerd Schmidt

3 Semesters, every year

English

Pre-Requisites (courses/materials):

Admission to study program

Pre-readings as assigned

Usability for other modules:

Usability for other study programs:

Modules 1, 2, 8

MBA / M.A. Technology Management

Workload:

Grading:

ECTS Credit Points:

Contact Hours: 65 hrs

One final grade for module

6 for the module

Self Study: 115 hrs

NIT Grading Scale

Credit is awarded based on final grade for module

Total: 180 hrs

Grade is weighted by ECTS Credit Point value

Class attendance is required

Scope of Module:

This module teaches how to derive, interpret and use both accounting and finance related data in situations of corporate decision making. It assumes management’s view (management accounting) and also takes into consideration the various information needs of outsiders to the company (financial accounting) in a regulated setting (GAAP). By introducing financial mathematics (e.g. DCF, CAPM) and multi-period spreadsheet modelling, such analyses effectively expand over numerous periods of time and allow evaluating alternative outcomes and their long-run consequences for businesses and investors.

Management Education for Engineers

9/2016

www.nithh.de

NIT Grading Scale:

NIT Grading Scale: 1.0 95 - 100 % Very Good 1.3 90 - 94 % =

1.0

95

- 100 %

Very Good

1.3

90

- 94 %

= an outstanding result

1.7

85

- 89 %

Good

2.0

80

- 84 %

= a result that is substantially better than

2.3

75

- 79 %

average requirements

2.7

70

74 %

 
 

Satisfactory

   

3.0

65

- 69 %

 
 

= a result that meets

3.3

60

- 64 %

average requirements

3.7

55

59 %

Sufficient / Adequate

4.0

50

- 54 %

= a result that despite shortcomings still satisfies requirements

4.3

45

49 %

Fail

5.0

< 45%

= a result that due to considerable shortcomings does not satisfy requirements.

Grades are weighted by ECTS Credit Point value.

Management Education for Engineers

9/2016

www.nithh.de

Module 3 (Compulsory)

Finance and Accounting

1. Financial Accounting

(Compulsory) Finance and Accounting 1. Financial Accounting Instructor: Prof. Dr. Gerd Schmidt Nordakademie

Instructor:

Prof. Dr. Gerd Schmidt Nordakademie

Course Format / Methods:

Lecture with exercises and class discussion

Semester, Frequency:

Every Winter Semester Year 1

Language of Instruction:

English

Pre-Requisites (courses/materials):

None

Workload:

Grading:

ECTS Credit Points:

Contact Hours: 20 hrs

NIT Grading Scale

2

for this course

Self Study: 40 hrs

Part of one final module grade, weighted by ECTS credit point value.

Grade is awarded based on exams and performance assessment (see below)

6

for the module

Total: 60 hrs

 

ECTS Credits Points are awarded after the full module is completed.

Class attendance is required

Intended Learning Outcomes:

Understand the purpose and goals of accounting

Identify the various user groups of financial statements

Understand, explain, and apply fundamental accounting principles

Identify and analyse sources of finance and cash and their subsequent use in the business

Analyse financial reports in regard to business development and management performance

Understand the connection between accounting and finance

Contents:

The module provides fundamental accounting knowledge and related technical skills which are essential to any business student. The aim of this module is to introduce students to the discipline of accounting and to underpin its usefulness in the context of commercial businesses. The class focuses on the purpose, contents and terminology of accounting and gives some insight into the use of financial statements to analyze the performance and financial position of a company.

Management Education for Engineers

9/2016

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Ultimately, its objectives are

Ultimately, its objectives are  to provide an overview of the role of accounting information for

to provide an overview of the role of accounting information for both external users and for company management.

to develop a general understanding of the main accounting techniques of direct relevance to managers in the areas of planning, decision making as well as performance measurement and control.

to develop a practical understanding of financial statements, where the major positions originate from, what they mean and how to analyse them making use of some fundamental analysis.

The class is designed for students who are not specialising in either accounting or finance and who have not previously studied these subjects to a significant extent. It provides a basis for further studies in the discipline of accounting and finance, e.g. in management accounting or corporate finance.

While working through the theory, we will also cover a variety of real world examples, e. g. look into Microsoft’s Annual Report and apply some analyses to the Financial Statements of Bell South, Compaq, Dell, and others.

Performance Assessment / Method of Examination:

Written Exam: 80%

Class Participation: 20%

Required Readings:

Catherine Gowthorpe: Business Accounting & Finance, 3nd Ed., Cengage 2011, ISBN-13: 978-

1-4080-1837-8

M/C training questions, solutions to advanced problems and a deck of ppt-slides derived from this book and auxiliary sources and will be made available as download.

Recommended Readings:

Siegel, Joel/Shim, Jae: Dictionary of Accounting Terms, 4. Auflage, Verlag B&T 2005, ISBN- 13: 978-0764128981

Fey, Gerd/Fladt, Guido: Deutsches Bilanzrecht/German Accounting Legislation, deutsch- englische Textausgabe mit einführenden Erläuterungen, IDW-Verlag 2005, ISBN-13: 978-3-

8021-1189-1.

The book contains the translations of the German Commercial Code, the Law on Stock Corporations and other in the exact legal terminology.

dict.leo.org is an electronic dictionary where the translations of technical terms and idiomatic expressions actually match the real life language used in this field of business. It provides proper translations from and to German and languages like English, French, Spanish, Italian, Chinese, Russian, Portuguese, and Polish.

Further Information:

On the subject: The business press at large, either printed or electronically.

On the instructor’s primary academic affiliation: http://www.nordakademie.de

Faculty Contact: gerd.schmidt@nordakademie.de

Management Education for Engineers

9/2016

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Module 3 (Compulsory)

Finance and Accounting

2. Management Accounting

(Compulsory) Finance and Accounting 2. Management Accounting Instructor: Course Format / Methods: Semester,

Instructor:

Course Format / Methods:

Semester, Frequency:

Language of Instruction:

Pre-Requisites (courses/materials):

Prof. Dr. Rui José Oliveira Vieira IE University, Madrid

2 day seminar with lectures, case study analysis and discussion

Every Winter Semester Spring School 1

English

Financial Accounting

Workload:

Grading:

ECTS Credit Points:

Contact Hours: 20 hrs

NIT Grading Scale

2

for this course

Self Study: 40 hrs

Part of one final module grade, weighted by ECTS credit point value.

6

for the module

Total: 60 hrs

 

Grade is awarded based on exams and performance assessment (see below)

ECTS Credits Points are awarded after the full module is completed.

Class attendance is required

Intended Learning Outcomes:

Students, as future managers, will utilize, at a minimum, the output of management control systems, which are the primary internal information systems in a firm.

Students taking this course will gain an understanding of management accounting systems, which includes a familiarization with:

the goals of management accounting systems;

the fundamental features and design of cost accounting systems

the various uses of the data provided by management accounting decisions.

A sound understanding of these management accounting issues is necessary to interpret cost accounting system outputs; to transform them from data to information and knowledge. Without this understanding, cost accounting data is often misinterpreted and/or mis-applied leading to erroneous decision making.

Management Education for Engineers

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Contents: The course consists of 6 topics. After an introduction of key cost concepts, emphasis

Contents:

The course consists of 6 topics. After an introduction of key cost concepts, emphasis will be given to the different functions that management accounting systems play in an organization: decision-making, costing, planning, control, and performance evaluation. Special emphasis will be given to topics like target costing, kaizen costing, life-cycle costing, activity-based costing, and the balanced scorecard.

The course will consist of a mixture of lectures, problem solving and case discussion. In each of the core areas of management accounting addressed, we will use real-word company examples to illustrate how issues have been dealt with.

Introduction to management accounting

Variable and absorption costing / Cost volume profit analysis

Pricing of products and services / Decision making with costs

Job costing and process costing / Activity based costing

Planning and budgeting

Performance measurement & compensation / Balanced scorecard

Performance Assessment / Method of Examination:

Written Exam: 70 %

Case studies and assignment: 30 %

Required Readings:

Doc.: Kaplan, R. e Norton, D. (1992) “The Balanced Scorecard - Measures that Drive Performance”, Harvard Business Review, Jan Feb, p.p. 71-79 (HBR OnPoint Article 4096)

Faculty Contact: rui.vieira@ie.edu

Management Education for Engineers

9/2016

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Module 3 (Compulsory)

Finance and Accounting

3. Corporate Finance

3 (Compulsory) Finance and Accounting 3. Corporate Finance Instructor: Course Format / Methods: Semester,

Instructor:

Course Format / Methods:

Semester, Frequency:

Language of Instruction:

Pre-Requisites (courses/materials):

Prof. Dr. Gerd Schmidt Nordakademie

2 day seminar with interactive lectures, class room discussions, exercises, case studies

Every Winter Semester Spring School 2

English

Financial Accounting

Workload:

Grading:

ECTS Credit Points:

Contact Hours: 25 hrs

NIT Grading Scale

2

for this course

Self Study: 35 hrs

Part of one final module grade, weighted by ECTS credit point value.

6

for the module

Total: 60 hrs

 

Grade is awarded based on exams and performance assessment (see below)

ECTS Credits Points are awarded after the full module is completed.

Class attendance is required

Intended Learning Outcomes:

to understand the importance of strategic portfolio management for long-term financing

have an understanding on the significant effect that the preparation of group accounts will have on the financial data in use

to deepen the understanding of how to forecast underlying financial information in practice

to have access to mathematical methods to estimate the likelihood of bankruptcy

to understand the notion of probability of default, determined by rating grades

to review the determinants of the time value of money as well as risk and return as they determine future economic returns

to understand capital market portfolio selection by use of the CAPM model.

Management Education for Engineers

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Contents: The aim of this class is to further educate students in the discipline of

Contents:

The aim of this class is to further educate students in the discipline of corporate finance in the context of profit oriented businesses, e. g. maximizing shareholder wealth either directly or indirectly and avoiding investment losses. The class provides insights in advanced techniques for estimating actual economic benefits, the origins of such information which is essential for a profound analysis and some of the peculiarities which may be advisable to observe. By so doing, it focuses on the most common methods of corporate finance as well as the tools for analyses which are in practical use and/or supported by adequate academic research.

How portfolio theory interacts with long-term financing, and vice versa how selected metrics give an indication of a company’s competitive position

Understand how pro forma statements and consolidated financial statements are prepared and how such metrics differ from individual statements

Understand the concepts of and rationale in investment decisions in both corporate equity and debt

Understand the origin of applied discount rates when managing the corporate capital structure based on financial objectives

Have a broader view and deepened understanding of the connection between accounting, finance, and overall corporate strategy, as one significantly determines the other

Performance Assessment / Method of Examination:

Post assignment 80 %

Class participation 20 %

Required Readings:

McGuigan / Moyer / Rao / Kretlow: Contemporary Corporate Finance, 12th (International) Edition, South-West / Cengage Learning 2012

Recommended Readings:

Megginson / Smart / Lucey: Introduction to Corporate Finance, South-West / Cengage Learning 2008

Berk / DeMarzo: Corporate Finance, 2nd Ed. 2011Addison-Wesley Longman

Berk / DeMarzo / Harford: Fundamentals of Corporate Finance, 2nd Ed., Pearson 2012

Faculty Contact: gerd.schmidt@nordakademie.de

Management Education for Engineers

9/2016

www.nithh.de

Module 4 (Compulsory) Strategy and Management

Module 4 (Compulsory) Strategy and Management Courses in Module: 1 . S t r a t

Courses in Module:

1.

Strategy

2.

Organization and Human Resources

3.

International Management

Module Coordinator:

Length, Frequency:

Language of Instruction:

Prof. Dr. Michael Dickmann

3 Semesters, every year

English

Pre-Requisites (courses/materials):

Admission to study program

Pre-readings as assigned

Usability for other modules:

Usability for other study programs:

Modules 5 and 8

MBA / M.A. Technology Management

Workload:

Grading:

ECTS Credit Points:

Contact Hours: 84 hrs

One final grade for module

6 for the module

Self Study: 96 hrs

NIT Grading Scale

Credit is awarded based on final grade for module

Total: 180 hrs

Grade is weighted by ECTS Credit Point value

Class attendance is required

Scope of Module:

In this module, students learn about the mission and realities of general management in a globalized world. Working with case studies and real world examples, the courses in Strategy, Human Resource, and International Management introduce students to a number of technical analysis tools, strategic concepts, organizational structures, and processes. Emphasis is placed on implementing strategy in ambiguous real settings and with appreciation for intercultural contexts. Students are challenged to train their analytical skills and ability for critical reasoning in an international business environment.

Management Education for Engineers

9/2016

www.nithh.de

NIT Grading Scale:

NIT Grading Scale: 1.0 95 - 100 % Very Good 1.3 90 - 94 % =

1.0

95

- 100 %

Very Good

1.3

90

- 94 %

= an outstanding result

1.7

85

- 89 %

Good

2.0

80

- 84 %

= a result that is substantially better than

2.3

75

- 79 %

average requirements

2.7

70

74 %

 
 

Satisfactory

   

3.0

65

- 69 %

 
 

= a result that meets

3.3

60

- 64 %

average requirements