Economy and Management

Code:

MEMG0013

Acronym:

EGE

Keywords
Classification	Keyword
OFICIAL	Economics, Management, Organization, Project

Instance: 2013/2014 - 1S (of 09-09-2013 to 20-12-2013)

Active?	Yes
Responsible unit:	Department of Industrial Engineering and Management
Course/CS Responsible:	Master in Mining and Geo-Environmental Engineering

Cycles of Study/Courses

Acronym	No. of Students	Study Plan	Curricular Years	Credits UCN	Credits ECTS	Contact hours	Total Time
MEMG	12	Plano de estudos oficial a partir de 2008/09	2	-	4	42	108

Teaching language

Suitable for English-speaking students

Objectives

This course aims at developing management competencies, integrating a solid theoretical basis with casa study discussion and the development of a project.

Learning outcomes and competences

After completing this course, students should:
1. Understand the different functional areas of management and how they can be integrated in the firm's strategy.
2. Understand and explore how information technology can enable the firm's management and strategy.
3. Be able to apply management concepts, methods and tools.
4. Be able to coordinate multiple interdisciplinary tasks, integrating the different management functions, to attain shared business goals.
5. Be able to apply management methods and tools to analyze companie's management and identify improvements.
6. Be able to apply the management concepts methods and tools to case discussion.
7. Be able to work in teams.

Working method

Presencial

Program

1. Management and its context
1.1. Fundamental concepts of management
1.2. The management context

2. Management functional areas
2.1. Marketing
2.2. Financial management
2.3. Operations management 

3. Strategic Management
3.1. Strategic management and competitiveness
3.2. Mission and objectives
3.3. External environment analysis
3.4. Internal environment analysis
3.5. Business strategies development
3.6. Innovation and entrepreneurship strategies

4. Organization
4.1. Basic organizational elements
3.4. Organizational structures

5. Controlling

Mandatory literature

Luis R. Gomez-Mejia, David B. Balkin; Management. ISBN: 978-0-13-260433-8
Gerry Johnson, Richard Whittington, Kevan Scholes; Exploring strategy. ISBN: 978-0-273-73702-0

Complementary Bibliography

Arthur A. Thompson, Jr., A. J. Strickland III, John E. Gamble; Crafting and Executing Strategy. ISBN: 978-0-07-110756-3
Michael A. Hitt, R. Duane Ireland, Robert E. Hoskisson; Strategic management. ISBN: 0-324-22713-2

Teaching methods and learning activities

The teaching of this course is supported by the following components of complementary activities:

A1. LECTURES Lectures will focus on the fundamental management concepts and tools, which provide the basis for the applied work.

A2. CASE STUDY ANALYSIS AND DISCUSSION The practical classes will focus on case study analysis and discussion, as well as small team works, with an emphasis on the application of the management concepts and tools.

A3. GROUP ASSIGNMENT: analysis of a company's use of technology in management. This group project consists in an analysis of the use of technology in a company's functional management areas and strategic management, identifying potential improvements.

Evaluation Type

Distributed evaluation with final exam

Assessment Components

Designation	Weight (%)
Exame	60,00
Trabalho escrito	40,00
Total:	100,00

Amount of time allocated to each course unit

Designation	Time (hours)
Elaboração de projeto	20,00
Estudo autónomo	24,00
Frequência das aulas	56,00
Trabalho de investigação	8,00
Total:	108,00

Eligibility for exams

Students are required to complete a group assignment on the study of technology use in a company's strategic management.
This group assigment will have two evaluation moments:
1. Oral presentation and intermediate report (10% of final grade)
2. Oral presentation and final report (30% of final grade)

Minimum classification of 37,5% in each of the evaluation components.

Calculation formula of final grade

final grade = 0,1* (intermediate presentation and report of group assignment) + 0,3* (final presentation and report of group assignment)+ 0,6* exam.

The classification of the individual continuous assessment of each element of the working group may vary between -2 and +2 values according to the results of the inner work group assessment.

Minimum classification of 37,5% in each of the evaluation components.

Examinations or Special Assignments

In special terms the final classification will be obtained through the following procedures:
1. Carry out an individual assignment defined by the professor;
2. Attend an oral exam about the theme of the assignment or other themes which the professor deem necessary.
4. Do a written exam. final grade= 0.40*( assignment presentation and report) + 0.6*(exam grade)

Minimum classification of 37,5% in each of the evaluation components.

Special assessment (TE, DA, ...)

Working students who cannot attend all classes can fulfill the distributed component of the evaluation through the following procedures:
1.Individual assignment defined by Professors
2. Intermediary and final presentation of individual assignment on predefined dates.
3. The two presentations are mandatory.
4. Working students should contact the course professors to define the work assignment.

Classification improvement

The classification improvement of the exam follows FEUP'S regulations.
The classification improvement of the distributed component can be done at the same time as the practical assignments in the following academic year.