L2_ECE4001_Fall_2008

L2_ECE4001_Fall_2008 - ECE 4001 Fall 2008 Lecture #2...

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ECE 4001 Fall 2008 Lecture #2 Engineering Careers for ECE/CompE Grads August 21, 2008
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ECE 4001 F08 J. S. Kenney © 2008 2 Types of Business Enterprises Services No manufacturing Communications Engineering Consulting Financial, Legal, Medical Custom Products Low volume (labor intensive) Defense Systems Large Accounting Systems Real Estate Development Standard Products Mass production (highly automated) Examples: Consumer Electronics & Software Automobiles
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ECE 4001 F08 J. S. Kenney © 2008 3 What’s It Like “Out There?” • As an Engineer in the industry, you are part of a business enterprise • The stated objective of every (for profit) company is to increase the wealth of the owners ( shareholders ). If this does not happen, shareholders invest their money elsewhere, and the business will eventually fail. • To insure that shareholder wealth increased, every business must eventually turn a profit (a.k.a. earnings or margin) • Some short term expenses (like product development) may provide future revenue streams, but these present an investment risk.
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ECE 4001 F08 J. S. Kenney © 2008 4 Electrical and Computer Engineering Roles in a Business Enterprise • In general, business activities fall into one of several expense categories: – Operations • Note that expenses subtract directly from profits If Management could eliminate your job, they would!
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ECE 4001 F08 J. S. Kenney © 2008 5 • Research Engineer – Applied research to reduce technology risk for future product development – Available mostly to those with MS/Ph.D. in ECE • Product Development Engineer – Applying existing technology and design methods to create new products or services – MS ECE or minimum BS GPA often required – This role is mainly what we train you for in ECE
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ECE 4001 F08 J. S. Kenney © 2008 6 Applications Engineer – Assisting potential or existing customers in using existing company products effectively – Entry level positions for BS ECE available, but can require MS – The role is becoming increasingly important as high-tech products become more sophisticated Marketing Engineer – Identifying customer needs for new product development or – Often involved in standards development – Can require MBA or appropriate business experience – Sounds easier than it is (in my experience) Sales Engineer – Identifying potential customers (leads) and closing deals for purchase orders for existing products or services – Considerable portion of salary in the form of bonuses/commissions – This is what your social activities (if any) here at Tech prepared you for!
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ECE 4001 F08 J. S. Kenney © 2008 7 Ops Job Descriptions Process/Production Engineer
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This note was uploaded on 02/20/2010 for the course ECE 4001 taught by Professor Frazier during the Spring '09 term at Georgia Tech.

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L2_ECE4001_Fall_2008 - ECE 4001 Fall 2008 Lecture #2...

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