3000

The course objective is to guide the student in his/her graduation work proposal presentation using the proposal presentation methodology, in order to structure the problem and solution knowledge gained, thus enabling research development. Based on the information supplied in the classes and through the electronic media, present to the student the elements that will allow analyzing and develop his/her graduation proposal. With the practical theory exercise, each student must prepare his/her proposal on a topic defined by him/her, and will arrange for the counseling of a professor from the Department to develop his/her research.

The graduation project is a work developed by the student, the purpose of which is to apply his Industrial Engineering concepts for problem solving. The project is developed in the last semester and consists in the application of specialized Industrial Engineering topics in problems related to government (public utilities, for instance), industry and other institutions, and in the suggestion of practical, but creative and rigorous solutions. The project is developed under the counseling of a professor who shares the interest of the student in the subject selected. To develop the Graduation Project, regulations must be complied with, which require the student´s prior APPROVAL of all the mandatory subjects in LEVELS 1 and 2.

One of the three projects carried out by the Industrial Engineering program students is the Intermediate Project, which is performed on the sixth semester. The main approach of this activity is to strengthen students´ skills to formulate problems related to work issues in the Industrial Engineering Department. Counseling of the Department´s professors is available, and subjects are defined based on the interests of students and on the Department´s decisions to support specific processes related to a particular problem. The equivalency of this project may be obtained through Business Internship. The Intermediate Project is expected to be articulated with the Graduation Project to allow students to develop projects with better impact on their environment.

This course focuses in the development of models that represent systems that change through time (dynamic) and mostly whose states depend on random phenomena (stochastic). The main focus will be on simulation in discrete time and event driven. This has great application in Engineering and related areas for efficiency and versatility in modeling various types of systems, most of them inherently complex. Although the course focuses on discrete event simulation, it also includes elements of continuous simulation, and other topics relevant support in the fields of probability and statistics, data analysis, optimization, among others.

This course presents, addresses and compares different production strategies, based on the new competency models, and analyzes its applicability in the Colombian environment. Based on the changes made in the competitiveness factors, the effects of such changes on the production functions and the different strategies that this area can develop are analyzed, in order to strengthen the company´s competitive position in the market niches selected, and even to allow the development of new competitive advantages and new markets. The main subjects covered include production strategy, process strategy, automation strategy, flexibility strategies (JIT), cooperative strategy.

The current globalization and expansion trends experienced in modern economies have led many companies to develop flexible structures that will allow them to cope with the current situation or, otherwise, to disappear. Product differentiation is presented as a conclusive alternative to remain in the current market. The systematic development of products is the most adequate manner to ensure market penetration success and, therefore, for each market type and for each organizational culture type, there may be different development systems and models.

The intent of this course´s development is to offer the student a global quality function approach within organizations, both industrial and service-oriented. This subject is not a mere extension of the Statistics courses, but a comprehensive way of thinking about Quality and of being capable of understanding and solving its main problems. However, the scope presented conveniently uses techniques and methods both, quantitative and qualitative, which include statistical tools.

The logistics course includes different conceptual elements related to Supply Chain management. The basic components of the Supply Chain (customer service, transport management and inventory management) are analyzed from a systemic and integrator viewpoint. Students acquireLogistics Management skills, because they study the components and basic processes from an optimal management of suppliers, resources and customers‘ perspective. Emphasis is made on the fact that the use of new information and communication technologies allows strengthening the efficiency of Logistics processes in the organization. Process integration models are studied, such the SCOR model, and logistics processes are modeled through the use of mathematical models in the transportation, supply chain strategic design and inventory topics. The analysis methodology includes workshops where the logistics reality is analyzed by studying Colombian companies‘ cases. In such regard, students are stimulated to use previous knowledge acquired in inventory models, forecast techniques, cost analyses, transport models, optimization and simulation techniques, among other topics.

The purpose of the course is to educate professionals to be better trained and informed citizens, and so that as industrial engineers, they can venture into public problem analysis in a thorough, serious and agile manner. To achieve this goal, it is suggested to become acquainted with the origin, evolution and role of the Democratic State in the world, reflect on what should be the functions and responsibilities of the public and private sectors in an industry, become familiar with trends of the government size in Colombia, reflect on the major problems of Colombia and the role the government may or should play in their solution, discuss specific institutional analysis and development experiences in the public sector through conferences led by individuals well versed on the different topics.

The purpose of the course is to introduce the student to the industrial relations field and its work implications to create abilities and skills that will allow him to better understand the human and organizational management problems. Contributes to the inter-disciplinary education of the future engineer by providing the tools required to effectively administer an industrial relations system at macro-economic and micro-economic levels.

The strategy course includes many concepts related to the development of a strategic plan in an organization. Throughout the course basic components that make up astrategy are thought (Mission, Vision, Delta Model, planning, Balance Score Cards and knowledge management among others). The main objective of the course is to create a context in which students use organizational strategic tools from a systemic perspective to develop the ability of the students to make strategic decisions. This is done through a simulation that lasts one semester in which students must make decisions every week.

This course is intended to provide conceptual framework and basic tools to analyze and understand the financial decision-making process in a corporation that operates within the framework of an efficient capitals market. The course content covers the different basic components of the investment and financing decisions financial theory within the context of a capitals market. Subjects include capitals market and efficiency lessons, share, risk and profitability valuation, investment decisions under uncertainty, capital structure and financing decisions, CAPM and the Modigliani & Miller propositions.

The Company Valuation course teaches students the methodologies used to valuate going concerns. The course is developed using the case methodology. The subjects addressed during the course include free and discounted cash flow, valuation using multiples, and the EVA concept as valuation and management method, and actual option valuation. The student will review the capital cost, terminal value concepts, and the basic financial statement projection methodologies for valuation purposes.