Engineering

ECM3130 - Engineering in Society and Company Finance (2010)

Back | Download as PDF
MODULE TITLEEngineering in Society and Company Finance CREDIT VALUE15
MODULE CODEECM3130 MODULE CONVENERDr Stephen Childe (Coordinator), Dr Mark Errington
DURATION: TERM 1 2 3
DURATION: WEEKS
Number of Students Taking Module (anticipated)
DESCRIPTION - summary of the module content
AIMS - intentions of the module
To raise students' awareness of their future responsibilities to society as professional engineers. To equip them with a working understanding of non-technical issues such as social responsibility, health and safety, sustainability, product liability, intellectual property. To equip them to make simple financial appraisals of projects and to operate in the commercial environment.
INTENDED LEARNING OUTCOMES (ILOs) (see assessment section below for how ILOs will be assessed)
SYLLABUS PLAN - summary of the structure and academic content of the module
The module will cover the majority of issues below, but will be flexible enough to devote time to emerging contemporary issues. Product liability. Intellectual property. Copyright. Registration of designs and patents. Counterfeit products. Data protection and security. Sustainability in product design and manufacture. Remanufacturing, Repair, Re-cycling. Energy balance, lifecycle costing and environmental impact. Health and safety responsibilities and ethics. H&S regulations - HASAWA, COSHH, etc. Equal opportunities. Globalisation and effects of lowest-cost production on third world countries. Climate change and emerging policy questions. Disaster relief. State, company and individual contributions and responsibilities. Assessment and management of risk in complex engineering systems. Company accounts, Financial Returns for Small Enterprises, Profit & Loss, Balance sheet. Project costing, cost centres, earned value analysis, forecast vs actual costs. Direct and indirect costs, overhead apportionment. Activity Based Costing. Break-even analysis. Budgeting and cash-flow, investment appraisal.
LEARNING AND TEACHING
LEARNING ACTIVITIES AND TEACHING METHODS (given in hours of study time)
Scheduled Learning & Teaching Activities Guided Independent Study Placement / Study Abroad
DETAILS OF LEARNING ACTIVITIES AND TEACHING METHODS
ASSESSMENT
FORMATIVE ASSESSMENT - for feedback and development purposes; does not count towards module grade
SUMMATIVE ASSESSMENT (% of credit)
Coursework 40 Written Exams 60 Practical Exams
DETAILS OF SUMMATIVE ASSESSMENT
DETAILS OF RE-ASSESSMENT (where required by referral or deferral)
RE-ASSESSMENT NOTES
RESOURCES
INDICATIVE LEARNING RESOURCES - The following list is offered as an indication of the type & level of
information that you are expected to consult. Further guidance will be provided by the Module Convener

Reading list for this module:

Type Author Title Edition Publisher Year ISBN Search
Set Atrill P and McLaney E Accounting and Finance for Non-Specialists 3rd Prentice Hall 2001 978-0273646327 [Library]
Set Collins S, Ghey J and Mills G The Professional Engineer in Society Kingsley 1989 1853025011 [Library]
Set Kletz T Learning from Accidents 3rd Butterworth Heinemann 2001 978-0750648837 [Library]
Set Reynolds A J The Finances of Engineering Companies: An introduction for students and practising engineers Arnold 1993 000-0-340-56827-3 [Library]
Set Upchurch A Management Accounting: Principles and Practice Pitman Publications 1998 000-0-273-62226-9 [Library]
Extended Davis J and Lambert R Engineering in Emergencies: a practical guide for relief workers Technology Publications 1995 000-1-853-39222-7 [Library]
CREDIT VALUE 15 ECTS VALUE 7.5
PRE-REQUISITE MODULES None
CO-REQUISITE MODULES None
NQF LEVEL (FHEQ) 3 AVAILABLE AS DISTANCE LEARNING No
ORIGIN DATE Thursday 15 December 2011 LAST REVISION DATE Thursday 15 December 2011
KEY WORDS SEARCH None Defined