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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.

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.

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.

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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

  • Featured image for Jung-Hoon Chun
    Professor of Mechanical Engineering
  • Featured image for Abbott Weiss
    Senior Lecturer, Supply Chain Management

Who can take this course?

Because of U.S. Office of Foreign Assets Control (OFAC) restrictions and other U.S. federal regulations, learners residing in one or more of the following countries or regions will not be able to register for this course: Iran, Cuba, North Korea and the Crimea, Donetsk People's Republic and Luhansk People's Republic regions of Ukraine.