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CE40128: Management 2

Follow this link for further information on academic years Academic Year: 2015/6
Further information on owning departmentsOwning Department/School: Department of Chemical Engineering
Further information on credits Credits: 6
Further information on unit levels Level: Masters UG & PG (FHEQ level 7)
Further information on teaching periods Period: Semester 1
Further information on unit assessment Assessment Summary: EX 100%
Further information on unit assessment Assessment Detail:
  • Examination (EX 100%)
Further information on supplementary assessment Supplementary Assessment: Like-for-like reassessment (where allowed by programme regulations)
Further information on requisites Requisites:
Further information on descriptions Description: Aims:
To provide an extended understanding of the business environment in which chemical engineering graduates work, supported by examples of key issues and case studies presented by practitioners.

Learning Outcomes:
On successful completion of this unit students will have acquired an understanding of the financial climate in which a business operates, maintaining a perspective of that activity relative to the overall trading activities of the country in which the business operates. They will be able to demonstrate with the aid of examples: (a) key issues that would face a new business venture; and (b) how to evaluate the performance of a company, or the attractiveness of a new project using a variety of analytical techniques.

Where to look for information on the financial state of a company, and how to interpret that information in a critical manner. How to evaluate the attractiveness of a new project using a variety of financial techniques. These skills are taught/facilitated with the aid of worked examples, mini-problems set in the class, and assignments - finally they are assessed. The students also acquire teamwork skills, as they work in small groups and prepare a joint report and presentation - feedback provided to the groups in class sessions.

Financial state of the UK: e.g. trading balance between imports & exports; comparisons with other countries; main sectors of industry and their relative contribution to manufacturing and service sector trades; sources of tax revenue and expenditure; employment by sector; GDP; energy imports/exports; oil; interest rates.
Practitioners' perspectives: e.g. Entrepreneurship; Running a Small Business; Managing Risk; Development & Marketing of Pharmaceuticals; Patents; Construction of a Chemical Plant in Singapore.
Financial analytical techniques: e.g. balance sheets; profit & loss account; cash flow; Annual Reports; capital investment decisions using discounted cash flow methods.
Further information on programme availabilityProgramme availability:

CE40128 is Compulsory on the following programmes:

Department of Chemical Engineering
  • UECE-AFM01 : MEng(Hons) Biochemical Engineering (Year 3)
  • UECE-AKM01 : MEng(Hons) Biochemical Engineering with Year long work placement (Year 3)
  • UECE-AFM05 : MEng(Hons) Chemical Engineering (Year 3)
  • UECE-AKM05 : MEng(Hons) Chemical Engineering with Year long work placement (Year 3)

CE40128 is Optional on the following programmes:

Department of Chemical Engineering
  • UECE-AFB05 : BEng(Hons) Chemical Engineering (Year 3)
  • UECE-AKB05 : BEng(Hons) Chemical Engineering with Year long work placement (Year 4)

* This unit catalogue is applicable for the 2015/16 academic year only. Students continuing their studies into 2016/17 and beyond should not assume that this unit will be available in future years in the format displayed here for 2015/16.
* Programmes and units are subject to change at any time, in accordance with normal University procedures.
* Availability of units will be subject to constraints such as staff availability, minimum and maximum group sizes, and timetabling factors as well as a student's ability to meet any pre-requisite rules.