"Eemt 526 Product Development Management"
For inquiry, please contact: http://www.seng.ust.hk/msc/eem Tel: (852) 2358 8985 / 2358 6966 / 2358 6953 Fax: (852) 2719 3027 Printed on recycled paper Email: firstname.lastname@example.org MSc(EEM) Program, Professional Program Office (Room 6525, 6/F, Lift 27-28) School of Engineering The Hong Kong University of Science and Technology The program has been included in Clear Water Bay, Kowloon, Hong Kong the list of reimbursable courses for CEF purposes PTC-G13923 This brochure describes the HKUST MSc(EEM) program as intended at the time of printing. The program details in this brochure may be changed from time to time. In the event of inconsistency or where an interpretation of the brochure is required, the decision of the University Authority shall be final. 8 Introduction 理學碩士(工程企業管理) HKUST's Engineering and Business Schools are collaborating to provide this unique balanced program for the needs of today's global enterprise management. Master of Science in Engineering Enterprise Management MSc(EEM) Prof. Fugee TSUNG PhD, University of Michigan Head, Department of Industrial Engineering & Logistic Management “In today’s knowledge-based economy, companies and enterprises must compete relentlessly in terms of cost, quality and time to market in the global context. Knowledge of cutting-edge management techniques, such as Logistics management, Supply Chain management, Six Sigma techniques, and knowledge in the effective deployment of information technology, is necessary to help companies to compete successfully in the global Prof. Leonard CHENG arena. In addition to these advanced management MA, PhD University of California, Berkeley techniques, a sound foundation in managerial training such Dean, School of Business & as operations management, project management, people Management management and basic business management is essential in launching a career in management. To ensure the quality of our comprehensive program, we will collaborate with the best business school in Asia and only invite the most qualified professors and exper ts in the field to deliver The School of Business and Management is delighted to these courses.” collaborate with the School of Engineering in offering the MSc(EEM) program. Our faculty at the HKUST Business School will be responsible for the business-related modules of the curriculum, including accounting, economics, finance and marketing. We are most happy to work with the Engineering School in providing world-class business and engineering education to prepare students to become business leaders of engineering enterprises. 2 3 Target Students Lecture Venue Course Descriptions Practicing engineers and scientists of all disciplines who Classes will be held at HKUST campus at Clear Water EEMT 510 Principles & Techniques for Technical Management seek to launch their careers in management and technical Bay, Kowloon. Students may apply for free parking at This course covers the basic principles and different managers who wish to have advanced and up-to-date HKUST. Students may also take minivan or KMB from techniques for technical management. Topics include project training to further their careers in global enterprises in the closest Hang Hau MTR station or another close by management, planning and control, staffing, organization, team either the services or manufacturing industries will benefit Choi Hung MTR station. The traveling time is around 10 building technique, leadership and various techniques required to run a program effectively and efficiently. from our program. minutes. EEMT 512 Operation/Production Management Admission Requirements Medium of Instruction This course covers production planning, production system EEMT 551 Engineering Economics and Cost Management design, and production control. Topics include MRP, JIT, The course has two parts. The first part focuses on Applicants should have a bachelor's degree in science or All in-class lectures and materials will be in English. forecasting techniques, inventory control, shop floor control applications of microeconomics to engineering and engineering, or an equivalent qualification from a recognized and scheduling. Software packages will be introduced through managerial decision making. Topics in this part include basic university. Program Fee a simulated company environment. cash flow analysis of capital investment, net present value, rate Applicants from Universities where English is not the The program fee is HK$91,000 (updated rate please of return, capital budgeting and cost accounting. The second EEMT 516 Transportation and Logistics Management part focuses on cost management for engineering major medium of instruction will be considered on a refer to the program web page). Students admitted with This course covers models and techniques for various enterprises. Topics in this part include basic concepts of case-by-case basis. In general, English proof such as Test credit transfer are required to pay the full program fee. planning and operational problems in logistics and uncertainty and risk, decision trees, cost measurement and of English as a Foreign Language (TOEFL) or International transportation systems. Topics include logistics operations, Successful applicants may apply for Government’s cost hedging. distribution planning, vehicle routing, crew scheduling, English Language Testing System (IELTS) is required. Non-means Tested Loan Scheme (NLS), and Continuing network design, traffic equilibrium, and fleet management. EEMT 552 Service Operations Management Education Fund (CEF) for reimbursement up to a maximum This course will expose students to the diversified service Program Commencement and Schedule of HK$10,000. EEMT 522 Six Sigma Quality Management industries and equip them with knowledge and skills of The course covers the various concepts and principles of September every year. improving productivity and quality of service firms. Students quality management including Total Quality Management will learn the latest concepts, techniques, and methodologies Approximately 1 year for full-time and 2 years for part-time Curriculum (TQM). First, basic quality engineering methods and tools will in service system design, service level, quality of service, study. be covered before introducing the framework of TQM. TQM Students are required to take a total of 30 credits to service product life cycle, measurements, design for as a corporation reengineering tool for the simultaneous All postgraduate courses are scheduled on weekday complete the MSc program. Credit transfer may be serviceability, analysis, productivity in services, client improvement of quality, cost, customer satisfaction and time evenings or Saturday afternoons. granted to students in recognition of studies satisfactorily satisfaction, training, and services logistics. They will also learn to market will be discussed. Following this, different how to apply the knowledge to decision making in planning, completed elsewhere. techniques and methodologies of implementation of TQM organizing, and managing service operations. that include Six Sigma, SPC, ISO 9000, reliability, concurrent Application Details engineering, QFD, and design of experiments will be covered. Professional Recognition SBMT 501 Accounting for Managers Application deadline and details, please refer to the The first part of the course provides students with a basic program web page. The course EEMT522 "Six Sigma Quality Management" EEMT 526 Product Development Management foundation and practical understanding of financial This course covers different aspects of product development has been accredited by the Hong Kong Society for Quality accounting. Focus is on the design, use and impact of financial management. Topics include innovation management, (HKSQ) and the Six Sigma Institute (SSI). Students who information and accounting measures in organizational techniques for idea generation, QFD for incorporation of successfully completed the course are eligible to apply planning and control. The second part of the course is to customers’ needs in product design, and organizing and apply and analyze accounting information in managerial for registration with the two organisations as Certified managing the development team. Projects and business plans decision making with the fundamental concepts of accrual Six Sigma Green Belt and Registered Quality Professional will be carried out in the course. accounting given in the first part. (Green Belt) respectively. EEMT 530 Global Supply Chain Management List of Courses SBMT 502 Fundamentals of Economics & Finance An introduction to the design, development, and The first part of the course covers managerial economics: management of integrated global logistics supply chain understanding of economics and the application of economic From The Engineering School systems. Emphasis on the impact of e-business on industrial analysis in the context of the needs of management and of enterprises, especially how global firms use e-business EEMT 510 Principles & Techniques for Technical Management 3 credits managerial decision-making in today’s changing environment. technologies to collaborate and become more effective and The second part of the course covers the basic concepts in EEMT 512 Operation/Production Management 3 credits efficient, and how these technologies change the way in which finance. Topics include time value of money, valuation of EEMT 516 Transportation and Logistics Management 3 credits goods and services flow through the supply chain. securities, capital budgeting including computation of cash EEMT 522 Six Sigma Quality Management 3 credits EEMT 536 IT System for Global Enterprise flows, NPV, IRR, portfolio theory and capital asset pricing EEMT 526 Product Development Management 3 credits Basic knowledge and design of IT will be covered. Popular models, and rudimentary concepts about options and futures enterprise resource planning software packages are used for contracts. EEMT 530 Global Supply Chain Management 3 credits discussing and building integrated business solutions. EEMT 536 IT System for Global Enterprise 3 credits SBMT 503 Marketing Management & Strategy EEMT 550 Engineering Statistics and Simulation The first part of this module covers marketing management EEMT 550 Engineering Statistics and Simulation 3 credits The course has two parts. The first part focuses on statistical using the framework of the 4P's (Product, Price, Promotion EEMT 551 Engineering Economics and Cost Management 3 credits and Place). Topics include consumer needs and wants, analysis and the second part focuses on system simulation. EEMT 552 Service Operations Management 3 credits Topics covered in the first part include graphical presenta- marketing research, advertising and sales promotion, pricing tions of data, commonly used distributions, estimation, linear theory, etc. The impact of the Internet on all aspects of regression and time series forecasting. Topics covered in the marketing will also be examined. The second part will cover From The Business School second part include basic concept of simulation, spreadsheet marketing and business policy from a strategic perspective. SBMT 501 Accounting for Managers 3 credits simulation with Microsoft Excel and @Risk, system simulation Decision making in a competitive environment in the face of with Arena, and the analysis of simulation inputs and outputs. environmental constraints will also be examined. SBMT 502 Fundamentals of Economics & Finance 3 credits SBMT 503 Marketing Management & Strategy 3 credits Specified courses are offered every semester 4 5 Prof. Kalok CHAN 陳家樂 Prof. Shu Ming NG 伍仕明 (PhD, Ohio State University) (PhD, Carnegie Mellon University) Synergis-Geoffrey YEH Chair Professor of Finance, Associate Professor, Department of Information Systems, Department of Finance Business Statistics and Operations Management Research Interests: Research Interests: Dynamics of asset prices; market microstructure; derivatives; Supply chain management, modeling and improvement of international financial markets. service and manufacturing systems; system optimization. Prof. Sudipto DASGUPTA Prof. Joseph C. SALVACRUZ 施卓碩 (PhD, University of Southern California) (PhD, University of Kentucky) Faculty List and Research Interests Chair Professor, Department of Finance Adjunct Associate Professor, Department of Marketing Research Interests: Research Interests: Prof. Ravindra S. GOONETILLEKE 耿樂偉 Prof. Xiangtong QI 齊向彤 Corporate finance; auction theory; industrial organization; Strategic marketing management; branding; international (PhD, State University of New York at Buffalo) (PhD, University of Texas at Austin) game theory. marketing and business; food and agribusiness marketing; Professor, Department of Industrial Engineering & Logistics Associate Professor, Department of Industrial Engineering & applied economics/econometrics. Management Logistics Management Prof. Ping Sheng KOH 許斌聖 Research Interests: Research Interests: (PhD, University of Tasmania) Prof. Chu ZHANG 張處 Innovative design and development of footwear, Design of System modeling, discrete and combinatorial optimization, Visiting Scholar, Department of Accounting (PhD, University of Chicago) culture-friendly products, product usability, human stochastic optimization, prodcution scheduling, inventory Professor, Department of Finance control, logistics, supply chain management, information Research Interests: performance modeling, application of sensation and Research Interests: system and telecommunication. Empirical financial accounting; earnings management; perception theories to product development. Theory and empirical study of investments. corporate governance; executive compensation. Prof. Jeff L HONG 洪流 Prof. Mitchell M. TSENG 曾明哲 Prof. Ronald LAU 劉紹民 (PhD, Northwestern University) (PhD, Purdue University) (PhD, University of Alabama) Associate Professor, Department of Industrial Engineering & Chair Professor, Department of Industrial Engineering & Visiting Associate Professor, Department of Information Logistics Management Logistics Management Systems, Business Statistics and Operations Management Research Interests: Research Interests: Research Interests: Financial engineering and financial risk management, Mass customization; manufacturing systems design; service Operations management; enterprise resource planning; discrete-event simulation and Monte Carlo methods, systems engineering. supply chain management; quality management. stochastic optimization and simulation optimization, logistics and supply chain management, environmental economics. Prof. Fugee TSUNG 宗福季 (PhD, University of Michigan) Professor, Department of Industrial Engineering & Logistics Prof. Ajay JONEJA 莊納雅 Management (PhD, Purdue University) Associate Professor, Department of Industrial Engineering & Research Interests: Logistics Management Statistical process control (SPC), monitoring and diagnosis, quality engineering and management to service and Research Interests: manufacturing. CAD/CAM integration for Manufacturing Processes; Computer-Aided Process Planning; Mass Customization; Rapid Prototyping. Prof. Rachel Q. ZHANG 張荃 (PhD, Northwestern University) Professor, Department of Industrial Engineering & Logistics Prof. Chung Yee LEE 李忠義 Management (PhD, Yale University) Chair Professor, Department of Industrial Engineering & Research Interests: Logistics Management Inventory and supply chain management; joint operational and financial decisions. Research Interests: Logistics management, production scheduling, production and operations management. Prof. Kaijie ZHU 朱凱捷 (PhD, Stanford University) Associate Professor, Department of Industrial Engineering & Prof. Neville Ka-Shek LEE 李家碩 Logistics Management (PhD, M.I.T.) Associate Professor, Department of Industrial Engineering & Research Interests: Logistics Management Supply chain management, production planning, inventory control, marketing-operations interfaces. Research Interests: Low cost precision manufacturing technology, ultra-precision manufacturing system, agile manufacturing, management of product development. 6 7