Develops an understanding of corporate financial decisions for engineers. Topics include cost of capital, capital budgeting, capital structure theory and policy, working capital management, financial analysis and planning, and multinational finance.
1) To learn how decision-makers use financial information to make better business decisions. 2) To prepare individuals with technical degrees for management duties and interactions by understanding the sources and uses of financial information for planning and controlling these financial elements of their business life. 3) To focus on the key concepts, issues and applications rather than the technical financial details. 4) To motivate students to learn the material and use it in the future by demonstrating that finance is both interesting and relevant in their business and personal lives.
EMIS 8361 or knowledge of time-value of money