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Financial Management for Engineers
2 Days | 1.4 CEUs

Overview:

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:

  • Create a budget and track performance
  • Create a financial dashboard reflecting key metrics
  • Evaluate the economic viability for capital investments
  • Interpret financial statements

Course Content

  • Introduction
  • Finance
  • Sources of Capital
  • Budgets
  • Investment Analysis
  • Return on Investment
  • Cash Flow
  • Business Organization
     - Balance Sheet
    - Income Statements
    - Ratio Analysis
  • Time Value of Money
    - Capital Investment Analysis
    - Economic Analysis
  • Breakeven Analysis

CLASS CANCELLATION:

IIE reserves the right to cancel a class up to 15 business days prior to the scheduled start date

 

registration fee

Member: $795
Non-Member: $1,145

course schedule

Course ID: 1812
Jul 15 - 16, 2014
Norcross, GA
1812

Course ID: 1948
Jul 20 - 21, 2015
Norcross, GA
1948

 
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