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Apr 06, 2026
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ENGR 615 - Finance for Engineers
Units: 3
Fundamentals of financial statements, inventories, long-term productive assets, bonds and other liabilities, stockholders equity, and statement of changes in financial position. Corporate governance, performance analysis, capital investment decisions, cost of capital, engineering economics, long and short-term financial policy are covered.
Credit Restrictions: Not open to students with credit for FIN 605.
Possible Instructional Methods: On-ground.
Grading: A-F grading only.
Course Typically Offered: Spring 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.
- 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.
- Understand the concepts of engineering economics, to effectively evaluate decision alternatives using different economic criteria.
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