634-3016/02 – Managerial Economics of an Industrial Enterprise (MEPP)

Gurantor departmentDepartment of Economics and Management in IndustryCredits6
Subject guarantorprof. Ing. Kamila Janovská, Ph.D.Subject version guarantorprof. Ing. Kamila Janovská, Ph.D.
Study levelundergraduate or graduate
Study languageEnglish
Year of introduction2019/2020Year of cancellation
Intended for the facultiesFMTIntended for study typesFollow-up Master
Instruction secured by
LoginNameTuitorTeacher giving lectures
JAN48 prof. Ing. Kamila Janovská, Ph.D.
KUT064 Ing. Josef Kutáč, Ph.D.
MYN07 Ing. Martin Mynář, CSc.
SHE0017 Mgr. Sofiya Shevtsova
S1K47 Ing. Eva Švecová, Ph.D.
Extent of instruction for forms of study
Form of studyWay of compl.Extent
Full-time Credit and Examination 3+3
Part-time Credit and Examination 20+0

Subject aims expressed by acquired skills and competences

The student will be able to define basic relations of economic management of an industrial enterprise. The student will be able to use his/her theoretical knowledge to assess the financial situation and the health of the company in connection with the specifics of metallurgical, mechanical and chemical production.

Teaching methods

Lectures
Tutorials
Project work

Summary

The course provides students with basic knowledge of the economic management of an industrial enterprise, it is focused on the understanding of concepts and relationships in corporate economic management. The explanation is concentrated on the economic and financial management of the company with a focus on the specifics of metallurgical, mechanical and chemical production. It also contains the basics of enterprise management and application of management principles in various areas of the enterprise.

Compulsory literature:

BAYE, M. R. aj. PRINCE. Managerial economics and business strategy. Ninth edition. New York: McGraw-Hill Education, 2017. ISBN 978-1-259-25138-2. THOMAS, Ch. R. a S. Ch. MAURICE. Managerial economics: foundations of business analysis and strategy. Twelfth edition. New York: McGraw-Hill Education, 2016. ISBN 978-1-259-25107-8. GOLDMAN, A. J. a W. D. SIGISMOND. Business law: principles and practices. 8th ed. Mason: South-Western Cengage Learning, c2011. ISBN 978-0-538-74995-4.

Recommended literature:

BROOKS, R. Financial management: core concepts. Third edition. Boston: Pearson, 2016. ISBN 978-1-292-10142-2. studijní opory: Managerial Economics: https://www.fmmi.vsb.cz/cs/katedry-a-pracoviste/634/vyukove-opory-katedry/index.html

Way of continuous check of knowledge in the course of semester

Zkouška: Písemný test. Ústní zkouška. Vypracování semestrálního projektu na zadané téma z oblasti ekonomiky.

E-learning

Integrovaný systém modulární počítačové podpory výuky ekonomicko-technického zaměření (http://lms.vsb.cz): - Vzdělávací modul 6 – Finančně-ekonomická analýza a rozhodování: submodul Postup oceňování vybraného hutního podniku metodou EVA a DFC, submodul Stanovení pořadí vybraného hutního podniku v oboru dle vybraných finančních ukazatelů, submodul Analýza variant financování vozového parku ve vybraném hutním podniku včetně sestavení cash flow jednotlivých variant, submodul Investiční rozhodování v rámci hutního podniku, submodul Strategický management. - JANOVSKÁ, K., VOZŇÁKOVÁ, I., ŠVECOVÁ, E. Ekonomika podniku. Studijní opory. Ostrava: VŠB-TU Ostrava, 2015. - JANOVSKÁ, K., VILAMOVÁ, Š. Manažerská ekonomika. Studijní opory. Ostrava: VŠB-TU Ostrava, 2015.

Other requirements

Preparation of a seminar paper on an assigned topic - combined form of teaching. Credit test - full-time form of teaching.

Prerequisities

Subject has no prerequisities.

Co-requisities

Subject has no co-requisities.

Subject syllabus:

1. The legal framework for business. 2. Organizational forms of business. 3. Basic Financial Statements - Balance Sheet, Profit and Loss Statement, cash flow. 4. Economic management and specifics of the manufacturing industry. 5. The capital and property structure of enterprises focused on the manufacturing industry. 6. Financing of industrial enterprises with regard to their specifics. 7. Economics and efficiency of enterprises focused on the manufacturing industry. 8. Objectives, functions and activities of an industrial enterprise. 9. Calculation of the production capacity - time funds, utilization of production capacities. 10. Time and risk factor in financial management and evaluation. 11 Time value of money, cash flow of investment projects with respect to the specifics of the manufacturing industry. 12. Life cycle of an industrial enterprise. 13. Business management and managerial functions. 14. Applying management principles in various business areas.

Conditions for subject completion

Full-time form (validity from: 2019/2020 Winter semester)
Task nameType of taskMax. number of points
(act. for subtasks)
Min. number of points
Credit and Examination Credit and Examination 100 (100) 51
        Credit Credit 30  20
        Examination Examination 70  51
Mandatory attendence parzicipation: At least 80% attendance at tutorials and seminars

Show history
Part-time form (validity from: 2019/2020 Winter semester)
Task nameType of taskMax. number of points
(act. for subtasks)
Min. number of points
Credit and Examination Credit and Examination 100 (100) 51
        Credit Credit 30  20
        Examination Examination 70  51
Mandatory attendence parzicipation: At least 80% attendance at tutorials and seminars

Show history

Occurrence in study plans

Academic yearProgrammeField of studySpec.ZaměřeníFormStudy language Tut. centreYearWSType of duty
2020/2021 (N0413A270003) Quality Management and Control of Industrial Systems MKR P English Ostrava 1 Compulsory study plan
2020/2021 (N0413A270002) Quolity Management and Control of Industrial Systems MKR K Czech Ostrava 1 Compulsory study plan
2020/2021 (N0413A270002) Quolity Management and Control of Industrial Systems MKR P Czech Ostrava 1 Compulsory study plan
2019/2020 (N0413A270002) Quolity Management and Control of Industrial Systems MKR P Czech Ostrava 1 Compulsory study plan
2019/2020 (N0413A270002) Quolity Management and Control of Industrial Systems MKR K Czech Ostrava 1 Compulsory study plan
2019/2020 (N0413A270003) Quality Management and Control of Industrial Systems MKR P English Ostrava 1 Compulsory study plan

Occurrence in special blocks

Block nameAcademic yearForm of studyStudy language YearWSType of blockBlock owner
FMT+9360 2020/2021 Full-time English Optional 600 - Faculty of Materials Science and Technology - Dean's Office stu. block
FMT-new subjects 2019/2020 Full-time English Optional 600 - Faculty of Materials Science and Technology - Dean's Office stu. block