Academic program

• Credits: 3(2-2-0-6) ~ 4.67 ECTs
• Prerequisite: None
• Pre-courses: None
• Co-requisite Courses: None

Objectives and Contents: The course is designed to help new students entering the field of Electrical Engineering, Control Engineering and Automation become more aware of the characteristics of the profession and require knowledge and skills for the job of an engineer. At the same time, it helps students gain passion and confidence in learning and career pathways;

The course creates conditions for students to initially learn methods to solve practical problems of the discipline, practice minimum skills, group work skills, make reports and make presentations.

The module is organized as follows:

• During class, students will listen the lecture or discuss specific topics including: introduction of careers, introduction of training programs, skills in writing reports, presenting, working in groups, introducing industrial projects ...
• Students join field trip to plant visits. Group of 3 students under the guidance of instructors perform a project of fabricating and installing a simple automatic device at home and in practice workshops (according to the registration of each group). The group of student is required to write a report (in the form of a sub-project) and report to the Professional Council.

Contents:

Chapter 1 Introduction

Electrical energy

Primary energy sources

Chapter 2 Electrical generators

2.1 Structure and operating principles

2.2 Classification of generators

2.3 Excitation systems

2.4 Ventilating and cooling systems

Chapter 3. Turbines

3.1 General information

3.2 Steam turbines

3.3 Gas turbines

3.4 Diesel generators

3.5 Hydraulic turbines

3.6 Wind turbines

Chapter 4 Power plant operation

4.1 Speed and power regulation

4.2 Voltage and reactive power regulation

4.3 Electrical generator roles in the power systems

4.4 Normal operating modes

4.5 Abnormal operating modes

4.6 Water level regulation for hydropower plants

References:

1. Trinh Hung Tham: "Vận hành nhà máy điện", NXB Khoa học kỹ thuật, 2007
2. Allen J. Wood, Bruce F. Wollenberg: Power Generation, Operation and Control. John Wiley & Sons, New York, 1999
3. Nag P. K.: Power Plant Engineering (Steam and Nuclear). Tata McGraw-Hill Pub. Company Ltd, New Delhi, 1998
4. Ion Boldea: Synchronous Generators, Taylor & Francis, 2006

• Credits: 2(2-1-0-4) ~ 3.25 ECTs
• Prerequisite: None
• Pre-courses: None
• Co-requisite Courses: None

Objectives and Contents: The course aims to provide students with general knowledge about the structure of the system of production, transmission and distribution of electricity, the basics of analysis, design calculations and operation of medium and low voltage grids. After learning this course, students will know how to calculate, plan, design, and operate power supply systems to meet the requirements of the load.

Concept of electrical system. Electricity load, Schematic of power supply, Calculation of basic economic-technical norms in design and operation of electricity supply systems. Calculation of short circuits in power supply, Selection of conductors, incubators and medium and low-voltage electrical equipment. Quality crazy supply. Calculation of industrial lighting.

Contents:

Chapter 1 Introduction to power generation and distribution

1.1 General introduction

1.2 Electric supply systems

Chapter 2 Load demand

2.1 Introduction to load demand

2.2 Characteristics of load demand

2.3 Calculated load demand

2.4 Load demand forecast

Chapter 3 Electrical supply systems

3.1 Introduction

3.2 Selection of generation sources

3.2 Network diagram

3.3 Substation and switch gear

Chapter 4 Technical and economic analysis

4.1 General information

4.2 Methods for technical and economic performance assessment

Chapter 5 Electric circuits calculation

5.1 General introduction

5.2 Equivalent circuits

5.3 Technical and economic criteria

5.4 Steady-state power flow analysis

Chapter 6 Short-circuit analysis

6.1 Introduction

6.2 Calculation of three-phase short-circuit in medium voltage systems

6.3 Calculation of three-phase short-circuit in low voltage systems

Chapter 7 Selection of electric equipment

7.1 Introduction

7.2 Selection of conductor size

7.3 Selection of substation layout

7.4 Selection of distribution switchgear

Chapter 8 Improving power quality

8.1 Introduction

8.2 Control of voltage deviation

8.3 Reactive power compensation

8.4 Introduction to the concept of reliability and power quality

Chapter 9 Electrical lighting

9.1 Introduction

9.2 Definition and characteristics of industrial lighting

9.3 Equipment in lighting systems

9.4 Calculation of lighting loads

References:

• Nguyen Cong Hien, Nguyen Manh Hoach (2006), He thong cung cap dien cua xi nghiep cong nghiep, do thi va nha cao tang, NXB KH&KT, Hanoi 2006.
• Schneider Electric (2016), The Electrical Installation Guide According to IEC international standards

• Credits: 2(2-1-0-4) ~ 3.25 ECTs
• Prerequisite: None
• Pre-courses: None
• Co-requisite Courses: None

Objectives and Contents: This course aims to provide students with basic knowledge about energy sources, power generation process (converting various forms of natural energy into electricity) in power plants; characteristics of structure as well as working mode of major equipment in power plants (generators and turbines).

This course presents the basics of the power generation process in today's power plants. The theoretical contents introduce an overview of electricity generation technology of power plants, the structure, principles of electricity generation and the working regime of generators.

Contents:

Chapter 1 Introduction

Chapter 2 Electrical generators

2.1 Structure and operating principles

2.2 Classification of generators

2.3 Excitation systems

2.4 Ventilating and cooling systems

Chapter 3. Turbines

3.1 General information

3.2 Steam turbines

3.3 Gas turbines

3.4 Diesel generators

3.5 Hydraulic turbines

3.6 Wind turbines

Chapter 4 Power plant operation

4.1 Speed and power regulation

4.2 Voltage and reactive power regulation

4.3 Electrical generator roles in the power systems

4.4 Normal operating modes

4.5 Abnormal operating modes

4.6 Water level regulation for hydropower plants

Textbooks:

• Trinh Hung Tham: Power Plant Operation, Science and Technics Publishing House, 2007
• Ion Boldea: Synchronous Generators, Taylor & Francis, 2006

• Credits: 2(1-0-2-4) ~ 3.25 ECTs
• Prerequisite: None
• Pre-courses: None
• Co-requisite Courses: None

Objectives and Contents: The course provides a general understanding of energy and the energy industry. Through the development of the energy industry in the world and in Vietnam, students develop an understanding of the position, role, and correlation between the activities in the energy industry and the demand for human resource in economy and management. The course equips students with basic concepts in energy, knowledge about energy management. Students learn how to comprehend, calculate, and analyse indicators which show the relationship among ecocomics, management, energy and environment. 

The course also helps students understand the study program’s objectives and specialisation orientations as well as the learning outcome, program contents, and study plan. Students participate in fieldwork to grasp the characteristics, requirements and career opportunities when choosing specialisations in the program.

Contents: 

Chapter 1: Overview the Industry and Energy Sector

1.1. General overview of the industry

1.2. Energy industry and development trends

1.3. The position and role of industry and energy in socio-economic development

1.4. Supply chain in the energy industry

1.5. Human resource needs of the industry in economics and management generally and energy economy particularly

1.6. Basic requirements for duties/responsibility and general knowledge/understanding requirements of positions in the organization.

Chapter 2: Some basic terms and concepts

2.1. Basic socio-economic indicators

2.2 Basic concepts of energy and measurement and evaluation indicators

2.3. The relationship between economy, energy and environment

Chapter 3: Energy balance

3.1. Energy statistics

3.2. Energy balance

3.3. Energy balance exercise

Chapter 4: Industrial Economics training program, majoring in Energy Economics

4.1. Objectives and in-depth orientations of the training program

4.2. Structure of the training program

4.3. Plans, learning methods and skills training requirements

References

Vietnamese books

1. Vietnam's industrial development strategy to 2025, vision to 2035.
2. Vietnam Energy Outlook Report 2017

English books

1. EnSanya Carley, Sara Lawrence (2014); Energy-Based Economic Development; Springer.

• Credits: 2(2-1-0-4) ~ 3.25 ECTs
• Prerequisite: None
• Pre-courses: None
• Co-requisite Courses: None

Objectives and Contents: This course help students grasp basic isssues of foreign trade and the shift of resources between countries, including the source and the gains from trade among nations, the tools and methods used in international trade, the problem of international investment, foreign currency market and exchange rate.

After completing this subject, students will be able to:

• Understand the basis of forming and the mechanism for dividing the gains from international trade between countries.
• Assess the impact of international trade barriers on the interests of businesses, consumers and the whole market.
• Understand the formation and basic characteristics of the types of international economic links that lead to changes in the mode of economic activity of enterprises.
• Know the principles and motives that lead to the shift of international investment capital among enterprises across countries.
• Know the principle of forming the exchange rate between currencies and financial instruments used to hedge exchange rate fluctuations in the foreign exchange market.

Contents of the course include: Theories of international trade: absolute advantage, relative advantage and competitive advantage. Trade policy instruments such as export-import tariffs, export-import quotas, technical barriers, dumping. International investment. Foreign exchange market and exchange rate.

Contents:

Chapter 1: INTRODUCTION TO INTERNATIONAL ECONOMICS 

1.1. Definition of international economics

1.2. Roles of international economics

1.3. Subjects and contents of international economics study 

Chapter 2: INTERNATIONAL TRADE THEORY 

2.1. Absolute advantage theory 

2.2. Comparative advantage theory

2.3. Factor proportion theorem

2.4. Theory of competitive advantage 

Chapter 3: MEASURES THAT REGULATE INTERNATIONAL TRADE 

3.1. Overview of international trade policy 

3.2. Import and export tariffs 

3.3. Import and export quotas 

3.4. Dumping 

3.5. Other measures regulating international trade 

Chapter 4: INTERNATIONAL ECONOMIC INTEGRATION 

4.1 Forms of international economic integration 

4.2 Analyse the impact of international economic integration 

4.3 International economic organizations in the world 

Chapter 5: MULTI-NATIONAL COMPANY AND INTERNATIONAL RESOURCES MOVEMENT 

5.1. Business types of enterprise in a globalized environment 

5.2. Multinational companies 

5.3. International capital movement 

5.4. International labor movement 

Chapter 6: FOREIGN EXCHANGE MARKET AND INTERNATIONAL BALANCE OF PAYMENTS 

6.1 Foreign exchange market 

6.2 Exchange rates 

6.3 International balance of payments 

Textbook:   

Paul R. Krugman (2017). International Economics: Theory and Policy. 11th edition. Addison-Wesley. 

Reference books： 

[1] Hoang Vinh Long (2004). International economics. Ho Chi Minh City National University Press 

[2] Dr. Tran Van Hoe and Dr. Nguyen Van Tuan (2007). International trade curriculum. National Economic University Press. 

[3] John D. Daniels at al (2015). International Business: Environments and Operations. 15th edition. Pearson Education Ltd. 

[4] Nguyen Tai Vuong, (2017), Lecture on International Economics, School of Economics and Management, Hanoi University of Science and Technology (HUST)

• Credits: 3(3-1-0-6) ~ 4.67 ECTs
• Prerequisite: None
• Pre-courses: EM1100 (Principles of Microeconomics)
• Co-requisite Courses: None

Objectives and Contents: This course aims to equip students with basic concepts of marketing, the role of marketing to individuals and organization doing business in market mechanism and key decisions of marketing in the enterprise. After completing this subject, students will be able to: describe the marketing activities to be done and the role of marketing in a business organization, distinguish between marketing and sales, presenting the general process of marketing activities in the enterprise: macro environment analysis, market research, competitors analysis, market segmentation, target market selection, developing marketing-mix strategies and programs; name and describe criteria used to market segmentation, target market selection; explain advantages and disadvantages of target market selection strategies; present the content of marketing-mix policies: Product, Price, Place, Promotion; compare various types of marketing-mix strategies for different types of products and market conditions.

This module consists of: overview of marketing; (2) marketing information system and market research; (3) marketing environment; (4) purchasing behavior of customers; (5) segmentation, target market selection and positioning; (6) decisions about products; (7) pricing decisions; (8) distribution decisions; and (9) marketing communication decisions.

Content

Chapter 1: Introduction to marketing (6 con-tact hours and 10 self-study hours)

1.1 Marketing as an Activity

1.2 Marketing as a Management Philosophy

1.3 Core Marketing Concepts

1.4 Roles of Marketing for Organizations and Individuals

Chapter 2: Marketing Information System and Market Research (8 contact hours and 10 self-study hours)

2.1 Marketing Information and Marketing Decisions

2.2 Collecting Internal Marketing Information

2.3 Collecting Marketing Intelligence

2.4 Market Research

Chapter 3: Marketing Environment for Enterprises (6 contact hours and 10 self-study hours)

3.1 Macro-marketing environment

3.2 Micro-marketing environment

Chapter 4: Customer Buying Behavior (8 contact hours and 10 self-study hours)

4.1 Importance of Studying Customer Buying Behavior

4.2 Buying Behavior of Consumers

4.3 Buying Behavior of Industrial Customers

4.4 Buying Behavior of Non-profit Organizations

Chapter 5: Market Segmentation, Targeting and Positioning (8 contact hours and 10 self-study hours)

5.1 Introduction

5.2 Market Segmentation

5.3 Target Market Selection

5.4 Positioning

5.5 Differentiation

Chapter 6: Product Decisions (P1) (6 contact hours and 10 self-study hours)

6.1 Introduction to P1

6.2 New Product Development

6.3 Product Brand Decisions

6.4 Package Decisions

6.5 Supportive Service Decisions

6.6 Product Portfolio Decisions

6.8 Product Life Cycle and Marketing Decision

Chapter 7: Price Decisions (P2) (6 contact hours and 10 self-study hours)

7.1 Introduction to P2

7.2 Pricing Methods

7.3 Types of Pricing Policies

7.4 Changing Prices and Adapting to Price Changes

Chapter 8: Place Decisions (P3) (6 contact hours and 10 self-study hours)

8.1 Introduction to P3

8.2 Channel Design Decisions

8.3 Channel Member Management Decisions

8.4 Retailing and Wholesaling

8.5 Logistics in Distribution

Chapter 9: Marketing Communication (P4) (6 contact hours and 10 self-study hours)

9.1 Introduction to P4

9.2 Integrated Marketing Communication (IMC)

9.3 Advertising

9.4 Sales Promotion

9.5 Public Relations (PR)

9.6 Direct Marketing

9.7 Personal Selling

Textbook:

Vietnamese Language Book

1. Nguyen Tien Dzung (2012), Giao trinh Marketing can ban (Basic Marketing Textbook), Vietnam Education Publisher.

English Language Book

1. Philip Kotler & Gary Amstrong (2021), Principles of Marketing, 18th edition, Pearson Publisher. ISBN-13: 978-1-292-34113-2

Reference books：

2. William D. Perreault Jr., Joseph P. Cannon, E. Jerome McCarthy (2013), Basic Marketing: A Marketing Strategy Planning Approach, 19^th edition, McGraw-Hill Education. ISBN-13: 978-0078028984.
3. Philip Kotler, Hermawan Kartajaya, and Iwan Setiawan (2017), Marketing 4.0: Moving from Traditional to Digital, John Wiley & Sons, Inc., Hoboken, New Jersey. ISBN 978-1-119-34106-2

• Credits: 3(3-1-0-6) ~ 4.67 ECTs
• Prerequisite: None
• Pre-courses: MI2020 (Probabilities and Statistics)
• Co-requisite Courses: None

Objectives and Contents: This course equips students with basic knowledge of data collection, descriptive analysis, inferential statistical analysis, forecast based on statistics in economics and business. After completing this subject, students will be able to: understand characteristics of two main fields of statistics; know how to present, describe statistical data by frequency tables, graphs, and quantities such as mean, median, and standard deviation; calculate the confidence intervals of the mean and the population proportion; know how to state the null hypothesis and the alternate hypothesis; perform parametric test on one, two and more than two populations; perform univariate and multivariate regression and correlation analysis; know how to forecast based on time series; understand the scope of the application and know how to perform some common non-parametric tests.

This module consists of (1) overview of statistics; (2) statistical data collection; (3) descriptive analysis by frequency table and graphs; (4) descriptive analysis by numerical measures; (5) random variables and common probability distributions; (6) distribution of sample parameters; (7) estimation and confidence intervals; (8) one-sample and two-sample tests of hypothesis; (9) analysis of variance (ANOVA); (10) linear regression and correlation analysis; (11) multiple regression; (12) non-parametric tests; (13) forecast on time series data and (14) index.

Content

Chapter 1: Introduction to Statistics

1.1 Definitions and history of statistics

1.2 Methods of statistical research

1.3 Roles of statistics in economics and business

1.4 Some commonly used concepts in statistics

1.5 Overview of statistical research process

Chapter 2: Statistical data in economics and business

2.1 Definitions and classification of data

2.2 Basic statistical indicators in economics and business management

2.3 Collecting data methods

2.4 Sampling methods

2.5 Survey methods

2.6 Errors in statistical surveys

Chapter 3: Statistical data visualization by tabular and graph displays

3.1 Visualizing Data For A Categorical Variable

3.2 Visualizing Data For A Quantitative Variable

3.3 Summarizing Data For Two Variables

3.4 Data visualization practice with Excel/SPSS

Chapter 4: Summarizing data by numerical measures

4.1 Measures of central tendency

4.2 Measures of dispersion

4.3 Measures of distribution shape and detecting outliers

4.4 Five-number summaries and box plots

4.5 Measures of association between two variables

4.6 Descriptive data analysis practice with Excel/SPSS

Chapter 5: Interval Estimation and Hypothesis testing about population parameters

5.1 Sampling distributions

5.2 Theory about interval estimation and hypothesis testing

5.3 Interval estimation and hypothesis testing for one population

5.4 Interval estimation and hypothesis testing for two population

5.5 Determining sample size

5.5 Hypothesis testing and decision making

Chapter 6: Analysis of variance

6.1. An introduction to experimental design and analysis of variance

6.2 One-way ANOVA

6.3 Two-way ANOVA

6.4 ANOVA practice with Excel/SPSS

Chapter 7: Nonparametric test

7.1 Introduction to nonparametric test

7.2 Wilcoxon signed-rank test

7.3 Wilcoxon test for difference between two independent samples

7.4 Wilcoxon test for difference between two matched samples

7.5 Kruskal Wallis test for multiple independent samples

7.6 Chi-square test for the goodeness of fit

7.7 Chi-square test for the independence

7.8 Non-parametric test practice with SPSS

Chapter 8: Regression and correlation

8.1 Introduction to correlation and regression

8.2 Simple linear regression

8.3 Linear ccorrelation

8.4 Correlation between qualitative variables

8.5 Multiple linear regression

8.6 Regression with qualitative variables

8.7 Non-linear regression

8.8 Data Analysis with regression in Excel/SPSS

Textbook:

English Language Book

1. Anderson, David R., Dennis J. Sweeney, Thomas A. Williams, Jeffrey D. Camm, James J. Cochran (2017), Statistics for Business and Economics 13th, South-Western Cengage Learning, USA.

Softwares:

1. Microsoft Excel and tools support for statistical analysis (add-ins) Data Analysis and IBM SPSS.

Reference books：

1. Daniel J. Denis (2019), SPSS Data Analysis for Univariate, Bivariate, and Multivariate Statistics, John Wiley & Sons, Inc, USA.
2. Douglas A. Lind, William G Marchal, Samuel A. Wathen (2012), Basic Statistics for Business and Economics 8th, McGraw-Hill Education, USA

• Credits: 2(2-1-0-4) ~ 3.25 ECTs
• Prerequisite: None
• Pre-courses: None
• Co-requisite Courses: None

Objectives and Contents: This course equips students with basic knowledge of concepts, methods, and techniques that support the design, improvement, administration, configuration, enactment, and analysis of business processes, in order to minimize cost and maximize value creation through continuously assessing the efficiency and effectiveness of these processes. After completing this course, students will be able to: (1) model simple business processes in terms of people, and activity sequences involved, the data and materials flowing through those sequences; (2) assess the documented business processes using their key performance indicator such as efficiency, intended service quality, process flexibility and costs associated with occurred failures; (3) diagnose problems and formulate improvements as well as estimate the effects of these improvements in terms of the above process metrics; and (4) explain the concept of business process management and its relationships with other modern management solutions such as Total Quality Management, Lean and Six Sigma, Enterprise Resource Planning, and Business Process Reengineering.

This subject presents the following topics (1) Introduction to Business Process Management; (2) Business processes modeling; (3) Business process analysis; and (4) Business process improvement.

Content

Chapter 1: Introduction to Business Process Management
1.1 Definition of Business Process
1.2 Typology of Business Process
1.3 Concepts and roles of Business Process Management
1.4 Principles of Business Process Management
1.5 Business Process Management System
1.6 Information Technology in Business Process Management
Chapter 2: Business Process Design, Modelling, and Simulation
2.1 Concepts and roles of Business Process Design
2.2 Business Process Models
2.3 Steps to design Business Process
2.4 UML language in Business Process Design
2.5 Definition and classification of Business Process Modeling
2.6 Steps to Business Process Modeling
2.7 Application of @Risk and SimQuick in Business Process Modeling
Chapter 3: Business Process Analysis
3.1 Definitions and content of Business Process Analysis
3.2 Criteria for measuring Business Process Performance
3.3 Business Process Analysis Models (Balance Scorecard, Cost of Quality, DEA)
3.4 Practice Business Process Analysis with Excel Add-ins
Chapter 4: Business Process Improvement
4.1 Definitions and Importance of Business Process Improvement
4.2 Tools for Business Process Improvement (7 QC tools, Lean, 6 Sigma)
4.3 Steps for Business Process Improvement Program
4.4 Change Management during Business Process Improvement

Reading list

Textbook:
English Language Book

1. Laguna, Manuel, & Marklund, Johan. (2013). Business process modeling, simulation and design. CRC Press.

Reference：

Vietnamese Language Materials

1. Brocke, Jan vom, and Michael Rosemann (2015). Handbook on Business Process Management 1: Introduction, Methods, and Information Systems. Springer Publishing Company, Incorporated.
2. Brocke, Jan vom, and Michael Rosemann (2015). Handbook on Business Process Management 2: Strategic Alignment, Governance, People and Culture. Springer Publishing Company, Incorporated
3. Boutros, T., & Purdie, T. (2014). The process improvement handbook: a blueprint for managing change and increasing organizational performance. McGraw-Hill Education

Study and examination requirements and forms of examination

• After-school exercises should be completed by students independently after each class
• Class participation: 5%
• Assignments: 20%
• Mid-term: 25%
• Final exam: 50%

• Credits: 3(2-2-0-6) ~ 4.67 ECTs
• Prerequisite: None
• Pre-courses: None
• Co-requisite Courses: None

Objectives and Contents: This course aims to provide students with basic and modern knowledge of operation management – managing all activities related to the process of creating products and services in the business. After completing this subject, students will be able to: apply equipped methods and quantitative models to solve the various problems of business management through the accompanying exercises and assignments. This module provides students with the important theoretical background in production system, main issues of operation management, and methods, quantitative and qualitative analytical tools to solve those problems

Content

Chapter 1. OVERVIEW OF PRODUCTION AND PRODUCTION MANAGEMENT

(4 contact hours, and 6 self-study hours)

Understand the production

Production classification

Contents and goals of production management

The relationship between production management and other management functions in the enterprise

Structure of production system

Productivity

Chapter practice exercises

Chapter 2. CAPACITY MANAGEMENT

contact hours and 12   self-study hours)

Definition of capacity

Capacity classification

Calculating capacity

The criteria for evaluating the use of capacity

Chapter practice exercises

Chapter 3. PRODUCTION CYCLE

(8 contact hours and 12   self-study hours)

Definition of production cycle

Structure of the production cycle

Calculating production cycles for simple manufacturing processes

Calculating production cycles for complex manufacturing processes

Solutions to reduce production cycle

Chapter practice exercises

Chapter 4. PRODUCTION PLANNING

(8 contact hours and 12 self-study   hours)

The concept and importance of planning in production management

General process of production planning

Aggregate plan (medium-term production plan)

Short-term production planning

Chapter practice exercises

Chapter 5. ORGANIZATION OF LINE

MANUFACTURING

(8 contact hours and 12 self-study   hours)

Concept of production line

Classification of production lines

Organization of production line continuous

Organization of production line discontinuous

Solutions to ensure efficient operation of the production line

Chapter practice exercises

Chapter 6. SHORT-TERM PRODUCTION

PLANNING

(4 contact hours and 6 self-study hours)

Overview of short-term production planning

Manufacturing Operations Planning Systems

Method for Job-shop scheduling

Chapter practice exercises

Chapter 7. PLANNING FOR

SERVICE SYSTEM

(8 contact hours and 12 self-study hours)

The concept and characteristics of the service

Service classification

Short-term production planning for service system

Queuing theory

Chapter practice exercises

Chapter 8. PLANNING FOR A PROJECT-BASED PRODUCTION

(8 contact hours and 12 self-study hours)

Project concept

Methods of planning for project-based production

Reduce project cycle time (PERT/COST)

Adjust plans when resources are limited

Chapter practice exercises

Textbook:

1. Nguyen Thanh Hieu, Truong Duc Luc & Nguyen Dinh Trung. (2018). Operational management Curriculum. Publishing House of the National Economics University.
2. Nguyen Van Nghien. (2009). Production and operation management. Vietnam Education publishing house.

Reference books：

• William J. Stevenson. 2021. Operation Management. McGraw-Hill Companies. ISBN13: 9781260238891. 14^th
• Jay Heizer, Barry Render, Chuck Munson. 2017. Operations Management: sustainability and supply chain management. Published by Pearson. ISBN: 13:0-13-413042-2. 12^th Edition

• Credits: 3(3-1-0-6) ~ 4.67 ECTs
• Prerequisite: None
• Pre-courses: None
• Co-requisite Courses: None

Objectives and Contents: This course provides the basics of investment, investment project, investment environment and investment fund, the theories on evaluating investment project efficiency and apply knowledge to evaluate the investment efficiency of a project, the theory on energy project and apply at a certain level to the evaluation of a particular energy project.

Contents of the course include: Overview of investment project and energy project, project cash flow, the value of cash flow through time, criteria for evaluating efficiency of investment project, analyzing financial efficiency of energy investment project, analyzing efficiency of energy project in situation with risks, analyzing socio-economic efficiency of energy project, managing energy project.

Contents:

Chapter 1: Overviewing of investment projects, energy projects

Chapter 2: Projects' Cash flow

Chapter 3: Value of Cash flow over time

Chapter 4: Indicators for evaluating the effectiveness of energy projects

Chapter 5: Analyzing the financial efficiency of eneergy projects

Chapter 6: Analyzing the effectiveness of energy projects in term of risk

Chapter 7: Analyzing the social-economics efficiency of energy projects

Chapter 8: Energy projects management

References:

• Analyzing the effectiveness of investment projects - Lectures. Published by NXB NB Chính trị Quốc gia 2013
• Organization and implementation of the project - monograph, Published by NXB NB Chính trị Quốc gia 2014
• Practice problems: Analyzing the effectiveness of investment projects. Published by NXB NB Chính trị Quốc gia 2015
• Dr. Phạm Phụ, Analyzing and choosing investment projects (economics - technology), published by NXB Trường ĐHBK TP Hồ Chí Minh
• Tung Au, Thomas P. Au - Allyn and Bacon, Inc, Engineering Economics for Capital Investment Analysis
• Hard ; Seymour Smidt, Decide on estimating investment capital

• Credits: 3(3-1-0-6) ~ 4.67 ECTs
• Prerequisite: None
• Pre-courses: EM1010 (Introduction to Management)
• Co-requisite Courses: None

Objectives and Contents: This course aims to equip students with basic knowledge of managing one of the most important resource of a company, that is human resource. Students will grasp the way to recruit, utilize employees and reward their contributions. After completing this subject, students will be able to: apply provided methods, models to solve different problems of human resource management in enterprises

This module provides students with the important theoretical background in human resource management systems in the enterprise, the major issues of human resource management and methods, quantitative and qualitative analytical tools to solve those problems.  The main content of this subject includes the basic concepts of human resource management; planning and recruiting; training and developing; remuneration policy; working environment and labor relations.

Content

Chapter 1: Introduction to Human Resource Management
1.1 Concept, role and meaning of Human Resource Management
1.2 The formation and development process of human resource management
1.3 Main activities of Human Resource Management
1.4 The role of the functional division to Human Resource
1.5 Operation environment of Human Resource Management
Chapter 2: Human resource planning and arrangement
2.1. Job design and analysis
2.2. HR planning
2.3. HR recruitment and selection of the organization
Chapter 3: Training and Development
3.1. Career orientation and development for new person
3.2. Human resources training and development
Chapter 4: Work performance evaluation
4.1. The concept, purpose and importance of the work performance evaluation
4.2. Implementation content and process
4.3. Work performance evaluation methods
4.4. Evaluation activities development and implementation
Chapter 5: Remuneration system
5.1. Basis for building remuneration system
5.2. Setting up and Managing wages and salaries
5.3. Forms of payment
5.4. Financial incentives
5.5. The benefits for employee
Chapter 6: Labor relations
6.1. Concept, content of labor relations
6.2. Labor disputes and labor dispute resolution
6.3. Labor contract and collective labor agreement
6.4. Grievances of employees
6.5. Labor discipline
Chapter 7: Current issues and trends of Human Resource Management

Reading list 

Textbook:

1. Tran Thi Kim Dung (2018). Human Resource Management. Finance Publishing House

Reference：

Vietnamese references

1. Nguyen Van Diem – Nguyen Ngoc Quan (2012). Human Resource Management Curriculum. Publishing House of the National Economics University
2. Phạm Thị Kim Ngọc (2020). KPIs Công cụ hữu hiệu trong đánh giá thực hiện công việc tại các trường Đại học Kỹ thuật và Công nghệ, Bach Khoa Publishing House

English references

1. Dessler, Gary (2020). Fundamentals of human resource management. Pearson Higher, 15th Edition
2. Greer, C.R., 2021. Strategic human resource management. Pearson Custom Publishing.

Study and examination requirements and forms of examination 

• After-school exercises should be completed by students independently after each class
• Class participation: 5%
• Assignments: 10%
• Mid-term: 25%
• Final exam: 60%

• Credits: 2(2-1-0-4) ~ 3.25 ECTs
• Prerequisite: None
• Pre-courses: None
• Co-requisite Courses: None

Objectives and Contents: To provide the basic content of energy economics; to train the student basic skills including reading, listening, reporting and presenting of energy economics issues.

The module includes: (1) Introduction of energy economics such as definition, units, energy statistics; (2) The sources of energy; (3) The conversion process and usage of energy; (4) Energy, economics and environment issues.

Contents: 

Chapter 1: Introduction to Energy Economics

Energy definition and classifications

Energy unit

Energy statistics

Chapter 2: Energy sources

2.1. Coal

2.2. Oil

2.3. Natural gas

2.4. Hydropower

2.5 Wind energy

2.6. Solar energy

2.7. Other sources of energy

Chapter 3: Energy conversion and energy use

3.1. Electricity generation

3.2. Petroleum refining processes

3.3. Energy Efficiency in economics

Chapter 4: Economy, energy and environmental issues

4.1. Energy – Economy relations

4.2. Energy – Environment relations

4.3. Energy and sustainable development

References:

• IEA (2012), Energy Statistics Manual
• Havard Devold (2013), Oil and Gas production handbook
• IPCC (2013), 2013 Supplement to 2006 IPCC Guidelines for National Greenhouse Gas Inventories: Wetlands
• IPCC (2006), 2006 IPCC Guidelines for National Greenhouse Gas Inventories
• Stan Gibilisco (2007), Alternative Energy Demystified
• World Coal Institute (2012). The coal resource, a comprehensive overview of coal

• Credits: 3(3-1-0-6) ~ 4.67 ECTs
• Prerequisite: None
• Pre-courses: EM1100 (Principles of Microeconomics); EM1110 (Principles of Macroeconomics)
• Co-requisite Courses: None

Objectives and Contents: Understand basic knowledge of cost and cost accounting, general issues of energy pricing; the economic and technical characteristics of the energy industries and energy products related pricing issues. Understand the pricing mechanisms, pricing policies for energy products. Apply in practice explains the fluctuation of prices on domestic and international energy markets.

The module includes: (1) the fundamental of cost accounting and energy pricing; (2) Energy pricing policy and the management role of the Government; (3) Oil market and pricing; (4) Natural gas  pricing; (5) Coal pricing; (6) Electricity pricing.

Contents:

Chapter 1: Fundamental Theoretical Issues of Energy Cost and Price

Chapter 2: Energy pricing policy and state management

Chapter 3: Oil Market and The Theory of Oil Valuation       

Chapter 4: The Theory of Gas Pricing          

 Chapter 5: Theoretical Issues of Coal Prices          

 Chapter 6: The Theory of Electricity Pricing

References:

• Bui Xuan Hoi [2021]: Energy Price Theory Lecture, Hanoi University of Technology.
• Bui Xuan Hoi [2008]: Energy Price Theory Symdict, Science and Technology Publishing House.

English references:

Marcel Prokopczuk [2014]: Energy Pricing Models, Palgrave Macmillan US

• Credits: 3(2-2-0-6) ~ 4.67 ECTs
• Prerequisite: None
• Pre-courses: EM1600 (Introduction to the Major of Energy Economics)
• Co-requisite Courses: None

Objectives and Contents: Understand the basic characteristics of thermal power plant, energy characteristics of the main equipments and optimimal operating in the thermal power plant. Understand and apply some optimimal methods in operating economics of the electric power system.

The course includes following Contents: (1) Basic characteristics and indicators of energy production; (2) Organization management in the thermal power plant; (3)Energy characteristics of main equipments in the thermal power plant; (4) Optimization operating in the thermal power plant; (5) Energy balance in the thermal power plant; (6) Annual generation planning in the themal power plant; (7) Basic concepts; (8) Capacity reserve in the electric power system; and (9) Optimal operation methods in the electric power system

Contents:

Chapter 1. Basic characteristics and energy production targets

Chapter 2. Organizational and management apparatus in power plants

Chapter 3. Energy characteristics of main equipment in thermal power plants

Chapter 4. Optimal distribution of load between units in a thermal power plant

Chapter 5. Energy balance in thermal power plants

Chapter 6. Year plan of thermal power plant

References:

• Phan Dieu Huong (2010), Systematic Operation Economics, Hanoi Publishing House.
• Phan Dieu Huong, Lecture on System Operation Economics.
• Ministry of Industry and Trade, Electricity Regulatory Authority, Hanoi (December 12, 2017), Operational planning process for next year, month and week, Hanoi.
• Ministry of Industry and Trade, Electricity Regulatory Authority The process of generating set mobilization scheduling, real-time operation and payment calculation in the electricity market (2016), Hanoi.
• Tran Quang Khanh (2009), Power system operation, Science and Technology Publishing House, Hanoi.
• Department of Electrical System (2008), Power System Operation, Danang University of Science and Technology.
• Antonio J. Conejo and Luis Baringo (2017), Power system operations, ISBN: 3319694065 Springer.

• Credits: 3(3-1-0-6) ~ 4.67 ECTs
• Prerequisite: None
• Pre-courses: None
• Co-requisite Courses: None

Objectives and Contents: Students understand basic and economics issues of petroleum and natural gas, policies of Exploration for Oil and Gas, rules of oil and gas contracts on oil and gas exploration, specific features of oil and gas, basic factors affect to pricing of Oil and Gas; apply the theory of technology and economics evaluation on oil and gas projects; apply the optimization techniques for transportation and processing.

Contents: (1) Overview about Oil and Natural Gas; (2) Vietnam Oil and Gas industry and chain supply; (3) Tax and Policies for Oil and Gas Exploration; (4) Contractual Arrangements for Exploration of Oil and Gas; (5) Oil and Gas Pricing; (6) Economics – Financial Analysis of Oil and Gas Projects; (7) Risk analysis on Oil and Gas Exploration; (8) Optimization on Oil and Gas Planning.

References:

Vietnamese references

Daniel Yergin (2014), Dầu mỏ - Tiền Bạc và quyền lực, Công ty TNHH MTV NXB Thế giới (Oil – Money and Power, The Gioi Publishers One member company limited).

Pham Thi Thu Ha (2014), Phân tích hiệu quả dự án đầu tư, NXB Chính trị quốc gia – Sự thật (Analyze the effectiveness of investment projects, National Political Publishing House – Truth).

English references

Mark Cook (2021), Petroleum Economics and Risk Analysis - A Practical Guide to E&P Investment Decision-Making, Elsevier

Oxford Institute (2020), A Comparative History of Oil and Gas Markets and Prices

IEA (2020), The Oil and Gas Industry in Energy Transitions

The World Bank (2019), BALANCING PETROLEUM POLICY

Álvarez Pelegry, Eloy Bravo López, Manuel (2018), The Oil Industry: Challenges and Strategic Responses

Chris Hinkin (2017), Introduction to PetroleumEconomics, Richardson (USA)

Yasin Senturk (2011), Evaluation of PetroleumReserves and Resources (Guidelines for Application of the PetroleumResources Management System)

James G. Speight (2011); An Introduction to Petroleum Technology, Economics, and Politics, Scrivener Publishing.

• Credits: 3(3-1-0-6) ~ 4.67 ECTs
• Prerequisite: None
• Pre-courses: None
• Co-requisite Courses: None

Objectives and Contents: After completing this subject, students are required to understand the role of managerial accounting, skills to build managerial accounting reports, specially skills at analyzing and using reports to support decision making process. The knowledge of this module will be good background for students to work as a managerian accountant in enterprises or perform managerial accounting as supplement to financial accoungting. In addition, this course support students who pursue CMA certificate to work as a managerial accountant at an international firm.

The module includes: overview of managerial accounting in corporate management; classification of costs and cost accounting; analysis of relation between cost, output and profit; analysis of divisions' reports; budgeting; Controlling cost through cost norms and cost analysis; Use managerial accounting information to make short-term decisions; Use managerial accounting information to make long-term decisions.

Contents:
Chapter 1: The accounting system in enterprises (8 contact hours and 12 self-study hours)

1.1. Definitions, roles, and characteristics of the accounting system in enterprises

1.1.1. Definitions

1.1.2. Roles

1.1.3. Characteristics

1.2. Organization of the accounting system

1.2.1. Organizing the accounting department

1.2.2. Accounting documents

1.2.3. The system of Accounts

1.2.4. Accounting books

1.2.5. Financial statements

1.2.6. Examining the accounting system

Chapter 2. Introduction of management accounting (4 contact hours and 6 self-study hours)

2.1. Definitions, roles, and functions of management accounting

2.1.1. Definitions

2.1.2. Roles

2.1.3. Functions

2.2. Objects and methods of management accounting

2.2.1. Objects

2.2.2. Methods

2.2.3. Management accounting and financial accounting

2.3. Organization of management accounting

2.3.1. Content

2.3.2. Models of organization

Chapter 3: Basic Cost Management Concepts (8 contact hours and 12 self-study hours)

3.1. Definitions of costs

3.2. Cost Classifications based on functions

3.2.1. Production costs

3.2.2. Non-production costs

3.3. Cost Classifications based on economic content

3.4. Cost Classifications for Predicting Cost Behavior

3.4.1. Variable cost

3.4.2. Fixed cost

3.4.3. Mixed cost

3.5. Cost Classifications based on business results

3.6 Other cost classifications

3.6.1 Direct and indirect

3.6.2 Controllable and non-controllable costs

3.6.3 Sunk cost

3.6.4 Opportunity cost

Chapter 4. Cost-Volume-Profit Analysis (8 contact hours and 12 self-study hours)

4.1 Defintions

4.1.1 Contribution margin

4.1.2 Contribution margin ratio

4.2 Cost structure and operating leverage

4.2.1 Cost structure

4.2.2 Operating leverage

4.3 The Break-Even Point

4.3.1 Definitions

4.3.2 Analysis of Break-Even Point

4.4 Cost-Volume-Profit Analysis for making decisions

4.4.1 Variable costs and revenues

4.4.2 Fixed costs and revenues

4.4.3 Variables costs, Fixed costs and revenues

4.4.4 Fixed costs, selling prices and revenues

4.4.5 CVP Analysis with Multiple Products

Chapter 5: Master Budgets (8 con-tact hours and 12 self-study hours)

5.1 Definitions and procedures of budgeting

5.1.1. Definitions

5.1.2. Procedures

5.2 Standard costs

5.2.1 Definitions

5.2.2 Content

5.3. Master budgets

5.3.1 Sales budget

5.3.2 Production budget

5.3.3 Direct material cost budget

5.3.4 Direct labor cost budget

5.3.5 Manufacturing overhead budget

5.3.6 Finished products, Cost of goods sold budget

5.3.7. Selling and administrative costs budget

5.3.8 Financial statements budgets

Chapter 6: Standard costing and Variance analysis (8 contact hours and 12 self-study hours)

6.1 Standard costing and standard costs

6.1.1. Definitions

6.1.2. Content

6.2 Cost variances analysis

6.2.1. Direct material costs variance analysis

6.2.2. Direct labor costs variance analysis

6.2.3. Manufacturing overhead costs variance analysis

6.2.4. Other costs variance analysis

Chapter 7: Pricing calculations (8 contact hours and 12 self-study hours)

7.1. Objectives and roles of pricing products and services

7.2. Factors effecting pricing calculations

7.3. Methods of Pricing calculations

7.4. Pricing calculations for new products and services

Chapter 8. Decision Making: Relevant Costs and Benefits (8 contact hours and 12 self-study hours)

8.1. Decision Making process

8.2. Relevant Information

8.3. Applying Relevant Information for Decision Making

8.3.1. Accept or Reject a Special Offer

8.3.2. Add or Drop a Service, Product, or Department

8.3.3. Outsource a Product or Service

8.3.4. Joint Products: Sell or Process Further

Textbook 

[1] Management accounting. (2020). Department of Accounting, University of Economics Ho Chi Minh City, University of Economics Ho Chi Minh City Publishing House. 

References 

[1] Management Information textbook- ICAEW-CFAB 

[2] Hilton, R.W. and Platt, D.E., (2017) Managerial Accounting: Creating Value in a Global Business Environment,11th edn (Global Edition), McGraw-Hill, New York