Credits 3

Pre-requisites - None

Core/Elective - Core Course

To enable students to understand the basic principles of management, economics and professional ethics relevant to industrial practice so that they can work effectively as engineering managers in multidisciplinary environments.

At the end of this course, students should be able to:

1. Describe the different schools of management thought and explain their practical applications.

2. Explain the basic strategic management concepts and provide organizational examples of successful strategic management.

3. Explain how to effectively manage human resources and interact with persons of different psychological characteristics to achieve set goals.

4. Describe and demonstrate the ethics needed for a professional engineer.

5. Describe occupational health and safety measures in different industrial contexts, including the identification of common hazards at work.

6. Define basic microeconomic and macroeconomic terms and interpret economic data.

1. Overview of Management Thought: Introduction, Basic functions of management, Development of management theories Classical perspective, management science perspective Contemporary management theories (systems theory, contingency perspective, learning organizations)

2. Organizational Behaviour: Organizational structure, culture and systems, Industrial psychology

3. Strategic Management Basics for Engineers: Introduction to strategy and strategic management, Defining strategic intent Vision, mission, goals and objectives, Corporate and business level strategies, Organizational and environmental appraisal methods

4. Basic Human Resources Management for Engineers: Key functions of human resources management Recruitment and selections (Employment contracts), Developing effectiveness in human resources Training and career development Performance evaluation, Enhancing employee-management relations, Managing human resources in a multicultural environment, Managing individuals for high performance, Equal Employment Opportunity (EEO)

5. Occupational Health, Safety, and Professional Ethics

6. Basic Economics for Engineers: Introduction to Microeconomics and Macroeconomics Basic concepts in Economics, Demand, supply (theory of firm), producer surplus Product markets (theory of markets) Impact of unemployment, impact of inflation, Economic policies, Quota, taxes, tariff, price controls