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Areas of Knowledge (details)

4-apr-2024

Ascolta

The applicant will only be admitted if he/she gets a positive evaluation from the Admission Committee through an interview.

The interview aims at verifying that the applicant possesses the basic knowledge requirements of the MSc in Management Engineering. To this purpose, during the interview the applicant may be asked basic concepts of Economics, Statistics, Operations and Production Management, Production Technology.

For each area of knowledge, here the topics of interest: 

  • Fundamentals of Economics: basics of finance (interest rate, discount rate, cash-flow, Return On Investment, Net Present Value), basics of microeconomics (demand, supply, elasticity, theory of consumer behavior, production decisions and economic profit, economy of scale, monopoly, oligopoly, perfect competition), basics of cost accounting (variable cost, fixed cost, revenue, profit).
  • Fundamentals of Statistics: basics of probability (mean, standard deviation, distributions, random variables), basics of statistical inference (confidence interval, hypothesis testing, linear regression).
  • Fundamentals of Operations and Production Management: basics of Inventory management, Economic Order Quantity, basics of Operations and Production Planning.
  • Fundamentals of Production Technology: what is Manufacturing, sustainable manufacturing, quality management, fundamentals of mechanical behavior of materials, basics Bulk Deformation Processes, basics Sheet-Metal Forming Processes, basics of machining and machine tools.

These are very popular foundation topics. Books, articles, websites, presentations, videos are freely available on internet.

The applicant can find some sample learning material for preparing to the interview by clicking HERE. To access the link, the student must be registered in the UNIPA student portal.