Financial Management for Engineers

In today’s workplace, it is nearly impossible for an engineer to perform without considering the financial impact of every action on the organization’s bottom line. Traditional industrial engineering decision-making tools are not always sufficient to help cut through to the bottom line. Make your profit center shine with sound financial management to supplement good engineering and other technology. This course introduces basic financial management to engineers and technical personnel who need this knowledge to manage a profit center effectively. Learn practical solutions as well as all the jargon of the trade. A must for newly minted managers from the engineer ranks. The course also covers the analysis necessary for such long-term financial decisions as issuance of stock or bonds; contracting of leases or loans and financing of a new enterprise; mergers, capital budgeting, the cost of capital, and the valuation of a business.

What You Will Learn:
  • Accounting basics
  • Budgets
  • Capital budgeting
  • Cash flow analysis
  • Engineering economics and depreciation
  • Financial dashboard
  • Financial statement analysis
  • Tax implications

Custom Programs

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Published on July 11th, 2017

Last updated on April 11th, 2023