Skip to main content

Module

MAR8138 : Marine Production Business (Inactive)

  • Inactive for Year: 2020/21
  • Module Leader(s): Dr Paul Stott
  • Owning School: Engineering
  • Teaching Location: Newcastle City Campus
Semesters
Semester 2 Credit Value: 10
ECTS Credits: 5.0

Aims

• To enable students to understand their engineering activities in the business context.
• To enable students to develop a cost estimate and to consider economic viability.
• To enable students to read and objectively assess the implications of a contract.
• To enable students to start to develop a business plan in the marine context.
• To enable students to assess and understand issues of productivity and competitiveness.
• To improve the employability of graduates at a more senior level in the marine technology industries.
• To promote entrepreneurship.

Outline Of Syllabus

• Marine production markets and market research.
• Product mix specification.
• Cost structure and estimating.
• Price determination.
• Competitiveness.
• Cash flow in marine projects.
• Understanding of contracts in marine technology production.
• Investment and investors.

Teaching Methods

Teaching Activities
Category Activity Number Length Student Hours Comment
Guided Independent StudyAssessment preparation and completion110:0010:00Examination Preparation and Working Solutions
Guided Independent StudyAssessment preparation and completion115:0015:00Researching, Preparation and Assimilation of the Post School assignment
Guided Independent StudyAssessment preparation and completion11:001:00Exam in Intensive School
Guided Independent StudyAssessment preparation and completion115:0015:00Researching, preparing and assimilation of the preschool assignment
Guided Independent StudyDirected research and reading111:0011:00Reading and Researching Pre-School Materials
Guided Independent StudyDirected research and reading110:0010:00Reading and Researching Post School materials
Scheduled Learning And Teaching ActivitiesSmall group teaching133:0033:00Intensive School
Scheduled Learning And Teaching ActivitiesScheduled on-line contact time15:005:00Online discussions with students and Module Leaders on Blackboard
Total100:00
Teaching Rationale And Relationship

Small group teaching will be used to establish the base of knowledge for the subject. This will be developed and augmented through directed reading, formative questions, pre and post school coursework and class discussions to develop practical application. Because there are no coherent text books each session will be accompanied by a recommended reading programme. At this level the reading emphasis will be on commercial and business sources, which will be provided. Students will be expected to read this material to enhance what they learn in sessions and to apply this to the answers to the courseworks.

Assessment Methods

The format of resits will be determined by the Board of Examiners

Exams
Description Length Semester When Set Percentage Comment
Written Examination602M40Unseen Written Exam
Other Assessment
Description Semester When Set Percentage Comment
Report2M30Pre School Assignment - maximum of 15 hours 1000 words
Written exercise2M30Pre School Assignment - maximum of 15 hours 1000 words
Assessment Rationale And Relationship

Knowledge and understanding are assessed via the unseen written examination and the written assignment and project. Subject-specific cognitive skills are assessed via design exercises and the module assignments, as are communication skills. The Graduate Skills Framework Skills indicated as 'A' are also assessed in this way.

Reading Lists

Timetable