Engineering Economy (in MC in Logistics Management in Part-time Diploma in Engineering (Operations & Systems Management))
About This Course
This subject provides a basic understanding of the economic aspects of operational applications, elements of costs and costing methods, and the relationship between cost behaviour and profit. Students are expected to analyse different investment alternatives for economic decision making. Various methodologies to measure business performance will also be discussed.
What You'll Learn
Entry Requirements
‘O’ Levels
At least 3 ‘O’ Level passes in the following subjects:
English Language (EL1 or EL2) Grade 1 – 7
Any mathematics subject Grade 1 – 6
Any science subject Grade 1 – 6
and 1 year of relevant working experience OR
Higher Nitec
GPA ≥2.0 OR
GPA ≥1.5 and 1 year of relevant working experience OR
Nitec
GPA ≥3.5 OR
GPA ≥3.0 and 1 year of relevant working experience OR
Higher Nitec in Technology/Services
GPA ≥2.0 and 1 year of relevant working experience OR
Nitec in Technology/Services
GPA ≥3.5 and 1 year of relevant working experience OR
WSQ Qualification
Relevant WSQ Qualification with 1 year of relevant working experience and WSQ Workplace Literary Statement of Attainment (SOA) (Level 6) AND Workplace Numeracy Statement of Attainment (SOA) (Level 6)
Without relevant academic qualifications
At least 2 years of relevant working experience