This course is divided into two sections:
1. Accounting and Planning.
2. Strategy and Leadership.
This course is offered by:
Massachusetts Institute of Technology (MITx)
Massachusetts Institute of Technology — a coeducational, privately endowed research university founded in 1861 — is dedicated to advancing knowledge and educating students in science, technology, and other areas of scholarship that will best serve the nation and the world in the 21st century. Through MITx, the Institute furthers its commitment to improving education worldwide.
Section 1: 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.
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.
Learner testimonials
This course taught me how to think about the business aspect of my engineering organizations, and thus make better decisions as both an engineer and aspiring leader within the company. I feel much more equipped to make business decisions while applying my engineering know-how!
To register for the first course, Enroll Now
Section 2: Management in Engineering: Strategy and Leadership
Analyze challenging real-life business cases that engineering managers face on a variety of topics. Apply management tools and relevant skills to manage innovation.
This course was formerly known as Management in Engineering II.
About this course:
As part of the Principles of Manufacturing MicroMasters program, this course aims to provide exposure to key principles and practices used in engineering management. Learners are given opportunities to apply basic functional business knowledge from 2.961.1xthrough the analysis of case studies. The focus is on the application of individual skills and management tools required for the management of innovation.
Managerial ability is an important element of technology companies in an increasingly global and diverse business environment. This course provides an overview of management issues for graduate engineers. Topics are approached in terms of career options as an engineering practitioner, manager, and entrepreneur. Through selected readings from texts and cases, 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:
- How to carry out risk analyses for developing business and technology strategies.
- How to choose effective development, marketing and operations approaches in specific business cases.
- How to deploy best management practices with an emphasis on technology.
Learner testimonials:
This course taught me how to think about the business aspect of my engineering organizations, and thus make better decisions as both an engineer and aspiring leader within the company. I feel much more equipped to make business decisions while applying my engineering know-how!
To register for the second course, Enroll Now
