ENGR 615 - Finance for Engineers

Units: 3
Basics of financial statements, inventories, long-term productive assets, bonds and other liabilities, stockholders equity, and statement of changes in financial position. Also corporate governance, performance analysis, capital investment decisions, cost of capital, long and short term financial policy are covered.

Credit Restrictions: Not open to students with credit for FIN 6215.

Possible Instructional Methods: On-ground.
Grading: A-F grading only.
Student Learning Outcomes - Upon successful completion of this course students will be able to:

Improve communications with people in financial areas. Understand the general concepts of finance and accounting and how they relate to daily decision-making.
Understand financial statements. Identify and evaluate critical assumptions.
Develop financial policy for their organization.
Better understand and analyze the financial impact of both strategic and operational decisions on profitability.
Master the financial tools necessary to evaluate proposed projects such as acquisition of new equipment, lease versus buy decisions, replacement of aging equipment, hiring, firing, and training new personnel.