2018-2019 / GEST3162-1

Principles of management


25h Th, 25h Pr

Number of credits

 Bachelor in computer science5 crédits 
 Master in aerospace engineering (120 ECTS)5 crédits 
 Master in biomedical engineering (120 ECTS)5 crédits 
 Master in chemical and materials engineering (120 ECTS)5 crédits 
 Master in civil engineering (120 ECTS)5 crédits 
 Master in data science (120 ECTS)5 crédits 
 Master in electrical engineering (120 ECTS)5 crédits 
 Master in electro-mechanical engineering (120 ECTS)5 crédits 
 Master of science in computer science and engineering (120 ECTS)5 crédits 
 Master in data science and engineering (120 ECTS)5 crédits 
 Master in mechanical engineering (120 ECTS)5 crédits 
 Master in geology and mining engineering (120 ECTS)5 crédits 
 Master in physical engineering (120 ECTS)5 crédits 
 Specialised master in urban and regional planning5 crédits 
 Master in space sciences (120 ECTS)5 crédits 


Michael Ghilissen, François Pichault


Michael Ghilissen

Language(s) of instruction

English language

Organisation and examination

Teaching in the first semester, review in January


Schedule online

Units courses prerequisite and corequisite

Prerequisite or corequisite units are presented within each program

Learning unit contents

Today's dynamic business world presents managers with an array of complex and exciting challenges, such as globalization, workforce diversity and scarce resources. 
Introduction to Company Management will help engineers influence top-level strategy as a technical leader or senior manager, lead and manage technical teams, and increase the value derived from research and development, and technical operations.
Management is the art and science of helping individuals achieve their goals together. Managers in an organization determine where their organization is going and how it gets there. Put differently, managers formulate strategies and implement those strategies. This course provides a framework for understanding the opportunities and challenges involved in both managing and being managed, and it will help you to be a more effective contributor to organizations that you join.
Over the course of the program, you will develop foundational skills and knowledge in various area of business management, and learn how to apply these tools to your particular industry or role. 
During this course, you will: 

  • Understand and leverage financial data and financial tools
  • Develop high-performing teams and organizations
  • Plan and implement effective operations strategies
  • Lead innovation through its lifecycle
  • Strategize and communicate marketing initiatives
  • Develop frameworks for evaluating and initiating business strategies
Armed with these tools and frameworks, you'll be prepared to face new challenges - and embrace new opportunities - that demand a management mindset. 
Designed for students in the fields of science and engineering, this course provides an introduction to business concepts and industry-specific tools and frameworks. 

Learning outcomes of the learning unit

Depending on the department and the program of study, this course may be a prerequisite to an internship. The internship is intended to give students a chance to consolidate and extend what they have learned in class by working in a professional setting.
Through this course, students develop competence in:

  • Defining and applying the management core concepts
  • Applying academic knowledge and critical thinking skills to address situations and challenges that arise in 21st-century work environments
  • Developing and executing a internship paper integrating analysis inspired by experiential learning (i.e. an internship) with knowledge gained from an academic discipline
  • Exploring how off-campus work experience contributes to an graduate's intellectual, personal, and professional development and informs future career choices

Prerequisite knowledge and skills


Planned learning activities and teaching methods

The following topics are covered:

  • Economics of Strategy - Michael Ghilissen
  • Business Strategy - Mchael Ghilissen
  • Marketing (strategic and operational) - Michael Ghilissen
  • Organization & Human Resources Management - François Pichault
  • Operations & Supply Chain Management - Thierry Pironet
  • Finance - Didier Van Caillie
  • Functional Analysis for Internship - Didier Van Caillie, Michael Ghilissen
This course is taught in English. 

Mode of delivery (face-to-face ; distance-learning)

Face to face

Recommended or required readings

Assessment methods and criteria

Multiple choice test questions will be used to assess learning outcomes.
The first sitting of the exam will take place in January 2017; the second sitting is in Septmeber 2017.

Work placement(s)

Organizational remarks

Classes are scheduled during the fall term, on Monday mornings 8:30AM - 12:30PM, at O2 - Opera.
For the Operations & Supply Chain Management segments, students are advised to bring their computer along for exercises using MS Excel.
Course announcements and material will be posted on eCampus


For further information, please email to michael.ghilissen@ulg.ac.be, course coordinator.
Office hours: by appointment only.