Estudia
- Artes y humanidades
- Ciencias
- Ciencias de la salud
- Ciencias sociales y jurídicas
-
Ingeniería y arquitectura
- Doble Grado en Ingeniería Civil e Ingeniería de los Recursos Mineros y Energéticos
- Doble Grado en Ingeniería en Tecnologías y Servicios de Telecomunicación / Grado en Ciencia e Ingeniería de Datos
- Doble Grado en Ingeniería Informática del Software / Grado en Matemáticas
- Doble Grado en Ingeniería Informática en Tecnologías de la Información / Grado en Ciencia e Ingeniería de Datos
- Grado en Ciencia e Ingeniería de Datos
- Grado en Ingeniería Civil
- Grado en Ingeniería de los Recursos Mineros y Energéticos
- Grado en Ingeniería de Organización Industrial
- Grado en Ingeniería de Tecnologías Industriales
- Grado en Ingeniería de Tecnologías Mineras
- Grado en Ingeniería Eléctrica
- Bachelor´s Degree in Industrial Electronics and Automatics Engineering
- Grado en Ingeniería en Geomática
- Grado en Ingeniería en Tecnologías y Servicios de Telecomunicación
- Grado en Ingeniería Forestal y del Medio Natural
- Grado en Ingeniería Forestal y del Medio Natural (En extinción)
- Grado en Ingeniería Informática del Software
- Grado en Ingeniería Informática en Tecnologías de la Información
- Grado en Ingeniería Mecánica
- Grado en Ingeniería Química
- Grado en Ingeniería Química Industrial
- Grado en Marina
- Grado en Náutica y Transporte Marítimo
- Información, acceso y becas
Empresa
- Prácticas de Aula/Semina (14 Hours)
- Tutorías Grupales (2 Hours)
- Clases Expositivas (42 Hours)
2. Background information
This Business course is part of the Basic Module and it is also one of the components of the topic section of Professional Practice. It is taught during the first semester of the first year for all students of engineering. The contents are connected with the rest of the topics covered in the subjects of its corresponding topic section.
The main goal of the course is to provide engineering students with a broad understanding of managerial and business administration issues. Therefore it will cover basic concepts of Economics, the functioning of markets and the role of firms in economic activity. The course will also focus on the different criteria for classifying firms, paying particular attention to the organizational perspective and discussing the implications of distinctive legal forms. Both strategic management and functional area decisions (management, finance, operations and marketing) will be examined emphasizing the aspects that could be of more value for future engineers.
Since it is a first year subject, there are no formal prerequisites to undertake this course. However, the Degree general entry requirements apply.
- CG-6: Ability to search, analyze and manage information to transform it into knowledge.
- CG-7: Written skills.
- CG-27: Initiative and entrepreneurial mindset.
- Bas 6: Adequate knowledge of the concept of firm and the institutional and legal framework of businesses. Business organization and management.
This course is designed to provide an opportunity for students to satisfy the following Learning Outcomes:
- RA.PP-1: Understand the principles of business organization and management.
- RA.PP-15: Identify the main sources of information both within the firm and connecting the firm with the external environment.
Lesson 1: The organization of economic activity
- Economic activity and markets
- Analysis of economic variables
Lesson 2: The firm
- Concept of firm and firm goals
- Types of firms: economic, organizational and legal criteria
Lesson 3: Environment and firm strategy
- Business environment analysis
- Strategic management
Lesson 4: Management
- Management levels and functions
- Organization
- Human resource management
- Business information systems
Lesson 5: Finance
- Financial analysis
- Financial resources
- Investments appraisal
Lesson 6: Operations
- The production function
- Production systems
- Production decisions
Lesson 7: Marketing
- Marketing research
- Marketing-mix
Adaptation to the European Higher Education Area (EHEA) approach has triggered a profound methodological change. When programming a course, teaching time has been substituted by student time and such a change has important implications: there are activities which require attendance and activities which do not.
Related to in-class activities, lectures will serve for presenting the main ideas and concepts of each lesson. They will focus on key and complex issues. The sessions involve a presentation by the lecturer who will use audio-visual media. At the beginning of each lesson, students will be asked to participate in a group discussion, in order to establish possible links between the topic and the professional activity of an engineer. There will be also some time-either at beginning or at the end of the session- for drawing conclusions and solving questions.
Practical sessions involve a higher degree of interaction between the lecturer and the students. They include seminars and group tutorials. These seminars will apply the theoretical topics of the course. Students will be provided in advance with the appropriate materials. Beyond studying the contents of the course, individual work time includes preparing in advance the necessary materials for attending these practical sessions.
Additionally, students can work in teams to prepare beforehand and later to discuss the assignments proposed in the group tutorials. This activitiy will help them to assess their progress in the contents and to get further insight in the subject.
Group tutorials provide small group discussion, review of skills and training with mocked exams.
Please note that the Code of Ethics of the University of Oviedo is valid, applicable and accesible from the following link: https://www.uniovi.es/conocenos/uniovi/nosotros/etica
The tables below include relevant course information. They summarize an estimation of hours by type of learning activity. These tables are an approximation and may vary depending on the class progress.
ACTIVITIES | Hours | % | Totales | |
In-class-activities | Lectures | 40 | 26,6 | 60 (40%) |
Seminars | 14 | 9,4 | ||
Group tutorial classes | 2 | 1 | ||
Evaluation sessions | 4 | 3 | ||
Out-of-class-activities | Team work | 8 | 9 | 90 (60%) |
Individual work | 82 | 51 | ||
Total | 150 |
Final grades are based on the following:
Assessment | Activities | Weight in final grade |
Ongoing assessment | Two assignments that should be prepared in the seminars. They will be scheduled in weeks 5 and 12 approximately and they will be announced in advance, after finishing lessons 2 and 5 respectively. Mid-term exam of the first three lessons to be held in week 9 approximately. Strategic analysis of an industry and analysis of a production process at the end of the corresponding sections in topics 3 and 6 respectively (weeks 8 and 14 approximately). | 15% +15% 25% 0,75%+0,75% |
Final exam | Written exam of the four last lessons at the end of the semester. | 30% |
The grading process and the weights of the different activities on the final grade will be maintained also in extraordinary evaluations for those students that do not pass the subject in the ordinary evaluation. In these last examinations it is compulsory to repeat the final exam (lessons 4-7) as long as it does not take part of the ongoing assessment. Additionally, the student can optionally take again the exam of the first three lessons. Grades of assignments obtained under ongoing assessment cannot be reconsidered.
The grade obtained in the extraordinary evaluations is the sum of the grades of the new final exam (lessons 4-7) plus the respective grades obtained during the course under ongoing assessment in the assignments plus the grade of the exam of the first three lessons, whether it was obtained during the semester or in the extraordinary evaluations, when repeated.
Overall, the student must obtain 5 points to get a pass.
Evaluation of the students following a differentiated evaluation program
30% of the final grade in Business comes from the final exam. Those students following the differentiated method of evaluation must sit this exam in the same date and conditions as regular students. The remaining 70% of the grade (7 points) comes from ongoing assessment.
Those students that have applied for the differentiated method of evaluation may do the same ongoing assessment activities but there will be flexibility to a certain extent regarding the dates when they are due. They will be programmed as follows:
1. Mid-term exam of lessons 1 to 3 (week 9, approximately). Those students following the differentiated evaluation may modify the date scheduled to allow for the activity that prevents them from following the regular program. They can delay the exam up to a week. In that case, they must contact the lecturer in advance to fix an alternative date. If the student neither sit the exam nor contact the lecturer in advance, s/he will lose the corresponding grade. Note that the exam is announced more than a week in advance by a post in the forum to which all students are subscribed.
2. Two assignments that should be prepared in the seminars. They will be scheduled in weeks 5 and 12 approximately and they will be announced in advance, after finishing lessons 2 and 5 respectively. Those students following the differentiated evaluation may modify the date scheduled to allow for the activity that prevents them from following the regular program. They can delay the assignment up to a week. In that case, they must contact the lecturer in advance to fix an alternative date. If the student neither sit the exam nor contact the lecturer in advance, s/he will lose the corresponding grade. Note that all the assignments are announced more than a week in advance by a post in the forum to which all students are subscribed.
3. Strategic analysis of an industry and analysis of a productive process at the end of the corresponding sections in topics 3 and 6 respectively (weeks 8 and 14 approximately). There will be a period of several days for submition. If students with differentiated evaluation need some additional days, they should contact the lecturer before the expiration of the deadline for the rest of the students. These deadlines will be announced through the Virtual Campus.
For the Extraordinary Evaluation, the same terms and conditions apply to the students following the differentiated evaluation system than to those following the regular program.
Overall, the student must obtain 5 points to get a pass.
RESOURCES
This course is available on e-Campus. This site gives access to the syllabus, the slideshows, teaching materials (cases, readings, …) and some other kinds of multimedia support (videos, podcasts, etc). We will be using this site to communicate important information about assignments, deadlines and other events with the lecturer and other peers by means of the email, forum, etc.
TEXTBOOKS IN ENGLISH
Basic
Kelly, McGowen and Williams (2019) BUSN 11th edition, Cengage Learning.
Online textbook: Openstaxt (2018) Introduction to Business (free Web access)
Complementary
Grant, R.M. (2021): Contemporary Strategy Analysis, 11th edition, Wiley.
TEXTBOOKS IN SPANISH
Basic
Cuervo, A. (director) (2008): Introducción a la Administración de Empresas. Ed. Cívitas. Madrid.
Fernández, E.; Junquera, B. y del Brío, J. (2008): Iniciación a los Negocios para Ingenieros. Aspectos Funcionales. Ed. Paraninfo, Madrid.
González, E. y Ventura, J. (2003): Fundamentos de Administración de Empresas. Ed. Pirámide. Madrid.
Complementary
Fernández, E., Avella, L. y Fernández, M. (2006): Estrategia de Producción. Ed. Mc Graw Hill, Madrid
Gómez-Mejía, L. R., Balkin, D. y Cardy, R. (2006): Dirección y Gestión de Recursos Humanos. Ed. Pearson-Prentice Hall, 3ª ed., Madrid. - Gómez-Mejía, L.; Balkin, D. y Cardy, R. (2008): Managing Human Resources, Prentice Hall.
Ventura, J. (2008): Análisis Estratégico de la Empresa. Ed.Paraninfo, Madrid.
OTHER SOURCES OF INFORMATION
Websites of firms and other organizations.
Press and other media websites.
Educational videos.