Introduction and overview of engineering management. Financial principles, management of innovation, technical strategy and best management practices. Case study method of instruction emphasizes participation in class discussion. Focus is on the development of individual skills and management tools.

J. Chun

Professor

Management in Engineering

Covers a broad range of topics in modern manufacturing, from models and structures for 21st-century operations, to case studies in leadership from the shop floor to the executive office. Also includes global perspectives from Asia, Europe and North America, with guest speakers from all three regions. Explores opportunities for new ventures in manufacturing. Intended primarily for Master of Engineering in Manufacturing students.

J. Pacheco

Professional Seminar in Global Manufacturing Innovation and Entrepreneurship

Covers modern tools and methods for product design and development. Includes a cornerstone project in which teams conceive, design and prototype a physical product and/or service. Covers design thinking, agile development, product planning, identifying customer needs, concept generation, product architecture, industrial design, concept design, green design methods, and product management. Sloan students register via Sloan course bidding. In person not required. Engineering students accepted via lottery based on WebSIS pre-registration.



Product Design and Development

This course provides an integrated approach to the development and growth of new innovative ventures. 

The course is intended for MIT undergraduates who seek to leverage their engineering and science background through innovation - driven entrepreneurship. It serves as a foundational class for the MIT School of Engineering Entrepreneurship Certificate.  It is also as one of the two required courses for the MIT Innovation and Entrepreneurship Minor.

The course is designed to be a fun but also rigorous and comprehensive view of not just new venture creation but also what it takes to be successful in the different forms of entrepreneurship, which is more than just founding startups. It is a mindset, skill-set and way of operating that will benefit you no matter what you do going forward.

The course is intended for undergraduates with a strong technical background but does not assume prior business or management experience. The course can be taken as a stand alone course and the student will receive benefit. It is also highly complementary to and serves as a strong foundation for a range of innovation and entrepreneurship courses around MIT. 

The course is particularly appropriate for a student who like to found or join a start-up company at some point in their career but it also gives you the confidence and capacity to be an entrepreneur inside existing organizations which is what will increase your career velocity, even if you chose to stay in academia.

The course combines interactive lectures, in class exercises and competitions, and team projects. The course leverages both academic research and the most current practical implementation to create an experiential but also rigorous educational experience for students to better understand and  become innovation-driven entrepreneurs in the best place in the world to do this – MIT. The class is highly interactive. 

B. Aulet

Y. Lopez

E. Fitzgerald

Professor of the Practice

Merton C. Flemings SMA Professor, DMSE

Venture Engineering

Covers the role of finance in the biotech and pharmaceutical industries; specifically, the application of novel financing methods and business structures to facilitate drug discovery, clinical development, and greater patient access to high-cost therapies. Topics include basic financial analysis for the life-sciences professional; risks and returns in the biopharma industries; the mechanics of biotech startup financing; capital budgeting for biopharma companies; and applications of financial engineering in modern healthcare investment strategies and institutions. Develops a systemic framework for addressing the biggest challenges in the biomedical ecosystem. Enrollment may be limited; preference to Sloan graduate students.

Healthcare Finance

15.482

About the Class

Faculty