The purpose of this course is to provide that background. The outcome of this course is measured in the preparation of students to analyze and understand the complex financial decisions required by technical management and design activities. Analysis of costs, application of basic accounting principles, and financial statement analysis. Understanding of the principles and methods of valuing projects and investments including the application of NPV and discounted cash flow methods. Ability to define and analyze a capital project and a capital project portfolio.
Involvement is essential to maximize the learning experience.
We count on each other to come to class prepared and ready to enhance our collective learning process. There is much to be gained from sharing and participation in a class on this topic and at this level. On a periodic basis, students will be asked for feedback to determine ways to improve the course and assure the content is meeting student needs. There are two bodies of knowledge that we will focus on developing - theoretical knowledge and application knowledge. If you have a business conflict, you must let me know in advance.