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Financial management is a very important part of every organisation and in every field whether, for managers or engineers, it has the same importance and has to be done also.
ENGG433 – Financial Management for Engineers is a course which will cover consideration of discrete assets, time value of money, identifying the cost elements, considerations of continuous assets, regulatory economics, methods of cost predictions, engineered asset repair-replace decision making, financial case development.
Following are the certain outcomes of the study of the ENGG433 – Financial Management for Engineers course:
Understanding the various approaches adopted in developing financial cases.
Understanding of the data required in decision making and making financial models.
Must be familiar with the tools which are used for the valuation of tools.
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