Management in Engineering: Accounting and Planning
Experience what it is like to manage within an engineering enterprise. Develop the business skills you need to take on the variety of challenges facing managers in the field. This course was formerly known as Management in Engineering I.
Course Information
Certificate Track
Learn for Free
About this Course
Managerial ability is an important element of technology companies in an increasingly global and diverse business environment. Combining learned heuristics and techniques for effective decision-making while leveraging technical knowledge is a highly in-demand skill by employers at technical companies. This course will help you bridge the gap between engineers and business people, placing you in an important position that few others can fill.
As part of the Principles of Manufacturing MicroMasters program, this course aims to teach learners key principles and practices used in engineering management. You will first learn basic business functional knowledge--financial accounting, sales, marketing, operations, and topics related to entrepreneurship. The focus is on the development of individual skills and management tools.
Develop the engineering and management skills needed for competence and competitiveness in today's manufacturing industry with the Principles of Manufacturing MicroMasters Credential, designed and delivered by MIT's #1-ranked Mechanical Engineering department in the world. Learners who pass the 8 courses in the program will earn the MicroMasters Credential and qualify to apply to gain credit towards MIT's Master of Engineering in Advanced Manufacturing & Design program.
What you'll learn
- Fundamental business knowledge across finance, sales, and marketing
- Construct financial statements and perform ration analyses
- Apply analytical tools to business decisions
- Develop a technical strategy that can be applied across multiple industries
Prerequisites
Basic understanding of business organizations. Technical background (e.g. Bachelor's in engineering) is also beneficial.
Meet your instructors
Jung-Hoon Chun
Professor of Mechanical Engineering
Jung-Hoon Chun is director of the Laboratory for Manufacturing and Productivity and a professor of mechanical engineering at the Massachusetts Institute of Technology (MIT). He has been a member of the MIT Mechanical Engineering faculty since 1989, and has over 100 publications and patents to his credit. His research focuses on the development of Innovative Manufacturing Processes. His research areas include droplet-based manufacturing processes, microelectronics manufacturing processes such as chemical-mechanical polishing and polymer-based microfluidic devices manufacturing. One of his patented manufacturing process, the uniform-droplet spray process, has been commercialized worldwide for the production of solder spheres used in electronics packaging. His teaching focuses on these research areas and on management in engineering. Dr. Chun also has experience in many large-scale international collaborations and industry-MIT consortia. He is active in advising and consulting for many for-profit and non-profit organizations worldwide, in technical as well as policy areas. Dr. Chun received a B.S. from Seoul National University, an M.A.Sc. from the University of Ottawa, and a Ph.D. from MIT, all in mechanical engineering.
Areas of expertise:
- Cu chemical-mechanical polishing
- Continuous manufacturing of pharmaceutical dosage forms
- Effects of technology multiplier on manufacturing
