Tvarių procesų ir technologijų vadyba

Aim of the course

The course aim is to provide knowledge and skills for the students needed to understand the relationship between different manufacturing elements (materials selection, processing and manufacturing options, product design), that impact energy use, available resources, and the environment.

Learning outcomes

• Students will be able to understand future materials and energy needs of the industrial manufacturing.
• Students will be able to understand how effectively manage our resources, make proper material and process selection choices, develop, and choose sustainable energy sources.
• Students will be able to perform eco-audit for a product life cycle and determine its environmental impact.

Aim of the course

Main aim of the course is to provide knowledge and skills for the future professionals for the analysis and improvement of the main company business processes for the achieving of the overall sustainability goals for the companies.

Learning outcomes

• Students will understand main principles and frameworks of Business process management.
• Students will be able to identify main issues related with process optimisation in the context of sustainability.
• Students will be able to evaluate and reconfigure existing processes to achieve sustainable business goals.

Aim of the course

The aim of the course is to provide knowledge about the advanced concepts and frameworks of purchasing and procurement management in the context of sustainable supply chain system, and to develop students’ analytical and decision-making skills related to procurement management.

Learning outcomes

• Students will understand contemporary challenges for the sustainable procurement management.
• Students will get knowledge about requirements for the sustainable procurement practice implementation.
• Students will be able to use skills for the planning and implementation of sustainable purchasing practices.
• Students will be able to design the framework for the improvement of procurement systems to achieve sustainable results.

Aim of the course

The main aim of the course is to provide knowledge and abilities for the students efficiently plan and develop strategies for the implementation of innovative Industry 4.0 technologies in the business, to satisfy growing needs for the sustainable management of the industrial processes.

Learning outcomes

• Students will be able to understand main strategic principles of Industry 4.0 concept from political, economic and social perspectives.
• Students will be able to describe state of the art and emerging technologies in the context of Industry 4.0.
• Student will be able to analyse the business needs for the application of innovative automation technologies.
• Students will be able to develop an action plan for the transformation of industrial practices for the business towards more sustainable technological processes.

Aim of the course

The aim of the course is to provide knowledge and skills to use emerging technologies (AI, Internet of Things, Data Analytics) for the improvement of manufacturing processes and creation of value for the companies.

Learning outcomes

• Students will be able to define and understand different technologies and manufacturing industry intersections.
• Students will be able to create innovative tech solutions for the improvement of manufacturing processes.
• Students will be able to understand specific needs of the companies for the digitalisation of the manufacturing processes.
• Students will be able to analyse smart manufacturing systems and provide efficient improvement plans.

Aim of the course

The main aim of the course is to provide knowledge and understanding of existing digital business models as well as changes introduced by the raise of digital economy and tools. The course also brings topics of beyond financial sustainability focusing attention on how business models frame and influence sustainability, equality, and circular economy.

Learning outcomes

• Will be able to understand different digital business models.
• Will be able critically evaluate business need and apply adequate digital business tool to solve existing problems.
• Will be able to develop digital business action plan to influence sustainable business practices.
• Will be able to evaluate successful digital business results and outcomes.

Aim of the course

The main aim of the course is to prepare students for the change management issues related with digital transformation at the strategic and organizational levels in the context of sustainability needs. Students will be able to project and implement digital transformation changes to develop sustainable business practice.

Learning outcomes

• Will be able be able to define and understand digital transformation issues and definition
• Will be able to critically evaluate business needs for digital transformation for the development of sustainable organisation.
• Will be able understand specific digital partnership ecosystems and their use for company sustainable transformation.
• Will be able to create digital transformation plan for business enterprise to achieve sustainable business.

Aim of the course

This course introduces students to supply chain management, with a particular focus on its global nature and its impact on sustainability. Key functional areas of supply chain management including sourcing and procurement, production and inventory maangement, transportation, warehousing and reverse logistics are covered in an integrated framework. The course also introduces students to supply chain performance measurement and risk management, and to the role of supply chain strategies in supporting business goals.

Supply Chain Management has eveolved into a critical business function. The aim of this course is to familiarise students with the fundamental concepts of supply chain activities and the decisions managers face in sourcing, planning, making and delivering their goods and services effectively and efficiently. The course provides students with the language, concepts, and tools to deliver value to stakeholders with sustainable supply chain actions.

Learning outcomes

• Ability to understand the role of supply chain management as a key function in corporate strategy. Impact of supply chain management on sustainability.
• Ability to understand and discuss the main concepts and  terminology of supply chain management.
• Ability to model and analyze key problems in supply chain including procurement, production and logistics.
• Ability to see an organization as a system of interrelated processes.

Aim of the course

The course aims to introduce students to the main concepts of law, ethics, corporate social responsibility and sustainable development. The recent Global Financial Crisis and COVID-19 pandemic increased the spotlight on ethical matters and has raised the question of how the economic and social environment have to be designed in order to contribute to the needs of the society. Whereby the idea of self-regulation and corporate social responsibility plays an important role in Anglo-Saxon Countries, regulation by the state is emphasized more in the European Context. Most business representatives prefer the idea of strengthening the concept of Corporate Social Responsibility (CSR) as it shifts decision-making power from the state towards corporations. On the other hand, NGOs and representatives by the society favor a more active role by the government. The course will not follow any ideology but will discuss various approaches. Moreover, a focus will be put on the stakeholder theory – the role of employees, consumers and society in a globalized World.

Learning outcomes

• Introduce students to the core concepts of business ethics and social responsibility in practice.
• Discuss and analyse issues within the area of ethics in economics and business.
• Assess and analyse ethical dilemmas.
• Develop a general orientation in social and moral business dilemmas of our times.
• Understand ethics as a key of the soft skills elements in an international context.
• Apply critical thinking and problem-solving skills in a changing environment.
• Demonstrate knowledge and ability to evaluate and assess ethical theories by appealing to realistic scenarios.
• Explain the relevance of modern ethical theory towards business managers and economists as a tool that guarantees that business serves primarily the interests of society.

Course annotation

Any organisation can be viewed as a business process that transforms inputs into outputs to satisfy customer needs by providing them what they want, when they want it, and where they want it at a price they are willing to pay. Theoretically, satisfying all these requirements would mean developing, producing, and delivering individually customised products of the highest quality, in the shortest time, and at the lowest cost. In practice, given the organisational capabilities and constraints, trade-offs must be considered, expressed in terms of product (or product portfolio) attributes – cost, quality, variety, and response time. Competition forces organisations to improve their process capabilities to strengthen the product attributes in order to become better than their competitors or to push operational frontier further. Hence, the internship aims to develop the ability of students to diagnose the gap between the product attributes and process capabilities and, secondly, to identify the root causes of the gap and, finally, to determine the possible ways of bridging the gap.

Objectives of the course

1. a) To develop the ability of students to diagnose the gap between the product attributes and process capabilities;
2. b) To identify the root causes of the gap and determine the possible ways of bridging the gap, and, finally, to define the possible problems to be solved in the final bachelor thesis.

Learning outcomes

• To be able to identify primary and supportive processes of an organisation
• To be able to determine the product attributes in relation to the customer segment
• To be able assess the process capabilities in relation to the product attributes
• To be able to identify the root causes of the gap between the process capabilities and product attributes and to determine the ways of bridging the gap.

Aim of the course

The overall objective of this course is to introduce students to relational database management and equip them with practical knowledge of SQL query language, reports, and capabilities for further data analysis.

Learning outcomes

• Be able to explain the advantages and disadvantages of the database as opposed to file-based approach of data processing.
• Have a good understanding of the terminologies and concepts associated with database management systems.
• Be able to implement the database design and maitenance tasks, like creating tables and forms, editing/inserting records, etc.
• Be able to access and manipulate data in relational database using SQL query language, generate customized reports.
• Demonstrate the ability to organise data for further analysis.

Final Bachelor Thesis (FBT) is independently prepared thesis which summarises the knowledge, abilities, and skills acquired during the studies and serves as substantiation of the business management qualification awarded. In terms of content and analysis methods, FBT unite, both directly and indirectly, the subject matters of different academic subjects into a totality. The FBT should address topical problem of an industrial organisation, where the “problem” is understood as the pursuit of the strategic goal of the organisation.

FBT is prepared during the 8th semester of studies and grants 12 ECTS credits. Thesis may be prepared in English.

Aim of the course

The course aims at providing training in the principles of academic writing and presentations. The syllabus is a combination of theoretical knowledge and practical skills. By the end of this course, the students will be able to understand the core concepts and requirements of writing academic texts and apply the requirements in writing course assignments, and giving presentations.

Learning outcomes

• Students will identify basic principles of rhetoric and develop an understanding of written texts as arguments generated for particular purposes, audiences, and rhetorical contexts.
• Students will be able to employ analytical reading to summarize, paraphrase, draw evidence from, synthesize, and respond to the scholarship of others.
• Students will learn to find and evaluate print and electronic source materials appropriate for academic research projects.
• Students will be able to develop original arguments for a range of academic purposes and demonstrate critical thinking skills and using information in writing and oral presentations.
• Students will be able to critically evaluate their own and others’ work and collaborate effectively with other writers throughout the writing process.
• Students will be able to organize their learning process and work autonomously on writing projects. They should also demonstrate understanding of academic responsibility and integrity.

THE AIM OF THE COURSE

 This course aims to develop skills for mathematical modelling of basic economic, financial, managerial and engineering problems.

Learning outcomes

• Ability to operate the main concepts, laws, and techniques of linear algebra, linear programming, differential and integral calculus.
• Ability to apply these concepts, laws and techniques in economic, financial, managerial analysis and engineering.
• Analytical thinking, active learning and learning strategies, complex problem-solving, critical thinking and analysis, initiative (see Annex II).

Aim of the course 

The goal of the course is to provide students with the theoretical knowledge and practical skills necessary for the analysis of economic and political data.  At the end of the course the students should be able to identify and apply the key methods of data analysis, carry out the analysis using specialized software, and to interpret the results.

Learning outcomes

• To understand the basic terminology used in statistics.
• To understand the basic principles of descriptive statistics.
• To understand the basic concepts of probability.
• To understand the basic principles of inferential statistics.
• To be able to utilize the correct statistical test based on sample, and hypothesis.
• To understand the difference between parametric and nonparametric tests.
• To be able to apply basic descriptive statistics to an available data base.
• To be able to apply the appropriate basic inferential statistics to the decision making process.
• To be able to make generalizations about a population based on a sample from that population.
• To be able to apply statistical techniques to evaluate basic business hypothesis.

Aim of the course

The aim of this course is to provide knowledge and practical skills required to understand and analyze the financial information of a company. The course adopts a decision-maker perspective of accounting by emphasizing the relation between accounting data and the underlying economic events that generated them. The course focuses initially on how to record economic events in the accounting records and how to prepare and interpret the primary financial statements that summarize a firm’s economic transactions.

Learning outcomes

• To identify the essential accounting features, goals and be able to implement them. To be able to read, understand and examine the data in the annual report, to explain the key components in the financial statements.
• To understand accounting process and its organization procedures, to explain the difference between cash-based and accrual accounting.
• To prepare financial statements and acquire knowledge and practical skills in keeping accounting in the companies.
• To be able to account income, expenses, long-term and short term assets, equity, and liabilities. To apply financial statements correction factors. To be able to distinguish after-balance events and to show them in the financial statements. To record business transactions using financial accounting practices.
• To be able to select accounting policy distinguishing all four aspects: organizational, technical, methodological, ethical.

Aim of the course

To provide students the fundamental knowledge of current marketing theory and to put backgrounds for market oriented thinking, both strategically as well as tactically. It also aims to train skills in analysing business situations, written and oral presentations. the course is that students will be able to analyze various business situations.

Learning outcomes

• To name major marketing concepts, analyse marketing evolution and its current role in business.
• To analyze and research micro and macro environments, by determining the major marketing threats and opportunities for acting of new business establishment or product.
• To identify market opportunities and propose products or services that meet consumer expectations to the market.
• To name the major segmentation criteria, to identify market segment on the basis of custom segmentation principles, to select target market and the most appropriate market coverage method.
• To adapt marketing mix elements for target market having regard to micro and macro environment, product life cycle and company’s resources.
• To draw basic annual marketing budgets.
• To work in a team, to present work results in written or oral form, to argue decisions.

Aim of the course

This is a practical course dealing with the mathematical models supporting decision making in various fields of social sciences and practical environment, i.e. management, economics, and politics. In particular, what-if analysis, forecasting, optimization and multi-criteria decision making are dealt in the course. Computer spreadsheets are used all over the course.

Learning outcomes

• To develop structural and algorithmic mindset in dealing with operational issues.
• To develop necessary skills for problem formulation, setting goals and parameters of the problem, choosing relevant model, translating it into the spreadsheet, and justifying alternative solutions of the problem.
• To develop skills of data visualization.
• To develop skills of using computer spreadsheets.

Aim of the course

During this course students will address the key themes of the subject material as well as ethical dilemmas in organizations via theoretical study discussions in seminars. Organizational behavior module will be analyzed and discussed in three levels: individual, group, and organization. At individual level the elements of personality, social perception, learning, motivation and attitudes, theories and their application possibilities in the management of our own and other people’s working behavior will be analyzed. At group and organizational levels, the processes occurring in workgroup that influence the relationships of group members and their work results, personal and organizational means of improving group performance will be discussed. The last part is dedicated to show relations between organizational behavior and human resource management practices.

Learning outcomes

• Knowledge and its application. Describe the main organizational behavior theories and apply them to the practical issues.
• Analysis. Analyze a company as an integral unit, which strives for certain goals in a market and social environment.
• Research skills. Conduct the analysis of a company internal and external situation by employing data analysis frameworks: SWOT, PESTEL, etc.
• Special abilities. Apply a systematic, critical and constructive thinking in problem identification and solving.
• Social abilities. Communicate and work effectively in an intercultural and interdisciplinary group.
• Personal abilities. Demonstrate independent learning skills necessary to continue studies on a higher level.

Aim of the course

After completing the course, students should be able to explain the concepts of TQM, diagnose problems in quality improvement process, identify ethical and unethical behaviors in quality management, apply various quality improvement techniques, explain total quality implementation phases and list the steps that are associated with each phase, propose how business leaders might plan and execute quality management strategies to gain and sustain a competitive advantage in today’s global business arena and communicate why TQM is fundamental for all organizations

Learning outcomes

• Ability to explain the main concepts, methodologies and tools of total quality management.
• Ability to apply the methodologies and tools of total quality management.
• Ability to analyse and evaluate methodologies and tools of total quality management.

Aim of the course

The aim of the course is to examine modern IT problems which managers and specialists face at their workplace. Lots of attention is paid to the IT place in enterprise context, as well as IT added value to business and to the unity of an organization and information technologies (systems) it uses.

Learning outcomes

• To understand unity of organization’s goals and IS the organization uses.
• To understand IT place in organization’s activities.
• To examine problems of modern IT which are faced by business managers and specialists.
• To be able to orient in modern IT variety and be able to evaluate new IT influence on business.
• Be able to prepare, present and discuss on course topics.

Aim of the course

At the end of the course students should have a well-described technology-based project in a format ready to submit for funding or present to the interested company.

Learning outcomes

• To be able to recognise and prepare different elements of a project.
• To be able to recognise what constitutes a business model and operations strategy in creating firm’s or project’s competitiveness.
• To be able to recognise and describe the role and place of services in relation to the product.
• To be able to recognise and assess the types and involvement of stakeholders.
• To be able to understand what constitute strategic performance management and measurement and how it could affect company’s innovation strategy.
• To be able to understand how to structure processes in the company as a management tool.
• To be able to structure and perform a technology audit in a company.
• To be able to recognise the key elements needed to successfully describe and prepare a technology or innovation-based idea.

Aim of the course 

The aim of this course is to familiarize students with the principal operational issues that confront managers, and provide students with language, concepts, and tools to deal with these issues in order to gain competitive advantage through operations. Also, this course aims to develop skills for modelling, analysis, and techniques for performance improvement of business processes.

Learning outcomes

• Ability to operate the main concepts, laws, and techniques of business process management.
• Ability to apply these concepts, laws and techniques in business process modelling.
• Ability to analyse the process models and control process drivers to improve performance of any business process.
• Ability to see an organization as a system of interrelated processes.

Aim of the course 

The course focuses on how to manage innovation in today’s competitive era and how firms should manage innovation-related activities at the strategic, organizational and managerial levels in order to sustain competitive advantage. After describing the concept of innovation and understanding why innovation is important for the competitiveness of the firm, the course will focus on three main areas: innovation strategy, organizational antecedents for innovation and the innovation management process.

Learning outcomes

• To be able to recognize and to describe the different sides of innovation.
• To be able to recognize what are the main parts of an innovation strategy.
• To be able to describe what are the main organizational antecedents of innovation.
• To be able to recognize what are the main sources of innovation.
• To be able to see the big picture from corporate perspective.
• To be able to relate to internal organisational and individual development.

Aim of the course 

The purpose of this course is to provide an overall introduction and review of manufacturing processes, used equipment, and operation process capabilities, with a strong emphasis on product design, material, process, and equipment selection.

Learning outcomes

• To understand and describe main manufacturing process using mechanic and non- mechanic technology.
• Be able to analyze different technologies, their technical and economic aspects and to choose right technology to achieve set characteristics of a product.
• To describe the main principles of mechanization of production and to estimate its feasibility.
• To understand and describe how end products are stored, transported, to estimate technical and economic influence of those processes to product quality and price.

Aim of the course

The course objective is to introduce students to the main elements, methods and principles of finance. It will provide basic knowledge and skills applicable to personal and managerial finance. Course starts with the general overview of finance, introduces to financial concepts, instruments, and techniques used in financial decision making. The first part of the course focuses on basic financial data, financial statements, cash flow, also main financial concepts as time value of money, risk and return, interest rates. The second part of the course deals with financial management.

Learning outcomes

• Explain financial system elements and their activities and functions via systemic approach.
• Explain and analyse saving and investing, financial assets, interest rate concepts and their importance in financial market.
• Analyze financial markets and their environment.
• Analyze financial planning process elements in household finance: personal financial life cycle, financial statements and ratios.
• Apply concepts of time value of money to solve various problems.
• Analyze goals of the firm and role of the financial manager in financial decision making.
• Prepare and explain financial statements: Balance sheet, Income statement, Cash flow statement. Evaluate proforma financial statements and budgets.
• Understand and evaluate relationships among financial decisions. Understand difference between short and long financing decisions.

Aim of the course 

Strategic Management course focuses on the concept of strategy development and implementation by exploring the functions and nature of general management. Strategic management concepts and techniques are studied. The course serves as an opportunity to develop skills for strategic thinking and analysis, understanding of the major strategic problems of an organization, formulating business level strategies. The pedagogical approach includes lectures, computer simulation, practices, group and individual work by students.

This course integrates all the knowledge acquired from various functional courses, coupled with new strategic management techniques learned, to chart the future direction of different organizations into a coherent view of an organisation. As such it requires the use of materials and knowledge gained during previous studies various disciplines of management.

Learning outcomes

• To develop an understanding of the elements of the Strategic Management process, research and theories.
• To be able to analyze micro and macro environments; implement an industry analysis and be able to apply strategic evaluation tools to understand how a business is operating.
• To be able to describe and to analyze the impact of economic, social, political, and cultural variables which affect a business operation.
• To learn how to apply the Strategic Management process to real life business cases and develop recommendations to help firms create and sustain competitive advantage.
• To be able to summarize the options available for the company, to defend the recommendations. Evaluate the strategic rationale for each alternative and assume the risks of an organization.
• To be able to work in a team, to present work results in written or oral form, to be able to argue decisions.

Aim of the course

The course is designed to develop the insights and skills necessary to complete projects effectively, on time, and within budget. It also introduces students to organizational project management process, with special emphasis on its life cycle, and the tools used in managing and delivering projects. Upon successful completion of the course, students should have a solid understanding of contemporary project management and its benefits for their professional and personal life.

Learning outcomes

• Understand basic processes, models, roles and responsibilities of project management.
• Develop project plans to ensure that project outcomes reflect an appropriate organisational strategy.
• Choose and apply appropriate project stakeholder and risk management strategies.
• Use leadership techniques for motivating project teams and developing leadership abilities.
• Communicate a workable project management approach that includes the typical steps, activities, and participant roles for a project life cycle.

Aim of the course

The course should teach an analytical approach to the functioning of the market mechanism, economic behavior of market participants, market environment impact on competition, and business strategies. Students should acquire the skills and the ability to apply microeconomic analysis and optimization methods to a large variety of economic problems.

Learning outcomes

• Understand the main theories in microeconomics.
• Analyze and model microeconomic phenomena.
• Evaluate governmental policy as it relates to microeconomics.
• Graphically model microeconomic situations.
• Relate real economic experiences to theory.
• Identify economic situations at the firm and personal level.
• Develop researching skills.

Aim of the course

This is a course in intermediate macroeconomics, designated for students with knowledge in basic economics. Its objective is to present theoretical knowledge and practical skills required for studying the overall economic structure of a country. Students will know how to analyze the most important macroeconomic phenomena, and the impact of governmental macroeconomic policies on participants in the economy. This course trains skills in comprehension and analysis of macroeconomics policies.

Learning outcomes

• Understand the main theories in macroeconomics.
• Analyze and model macroeconomic phenomena.
• Evaluate governmental fiscal and monetary policy.
• Graphically model macroeconomic situations.
• Relate real economic experiences to theory.
• Identify economic situations at the national and global level.
• Develop researching skills.

Aim of the course

This is an introductory course of basic micro- and macroeconomic concepts, as well as of fundamentals of management theory. Topics include supply and demand theories, market structures/ factors, the determinants of business strategy and various aspects business organization. The course will have a focus on international economics and global business behavior. It will stress on preparing students for a successful career, using economic and business concepts in a market-oriented society. It shall also serve as a foundation upon which students can build advanced studies in economics. The objective of Principles of Economics for Business and Management syllabus is to provide students with a basic understanding of how the economy as a whole works. The participants shall be exposed to basic economic concepts, to gain a framework for viewing and interpreting the economic and business world around them. This course acts as prerequisite for the Microeconomic and Macroeconomic courses.

Learning outcomes

• Define and explain how basic concepts of microeconomics (such as elasticity, scarcity or choice) can be used to explain the behaviour of individuals, household or firms.
• Represent supply and demand, in graphical form, including the downward/upward slope of the curves and what shifts/moves along the curves.
• To understand the importance of market structures, on the question of the stability and failure of markets.
• Describe and explain how basic macroeconomic policies (such as fiscal or monetary) can be used to analyse the economy as a whole.
• Explain basic management, business and marketing principles to be able to continue studies on a higher level.
• To understand the role of PESTLE factors on the SWOT of corporations, in the domestic and the international business environment.