Course No. MGT21
Finance Concepts for Engineers
Description:
Benefits:
Career development for supervisory / management roles.- Communicate with management using the language they speak and understand
- Improve bottom line performance by educating workforce in the most important aspect of business - Finance
Topics Covered:
- Product and process costing: break even analysis
- Standard costs and variances
- Financial projections
- Calculating the rate of return
- Make or buy, repair or replace
- Capital investment analysis: net present value, lease or buy, depreciation methods
Pre-requisites: Course MGT11, Accounting Principles for Engineers
Duration: 1 Day
Suggested Audience: Professionals and employees with little or no financial background.
Participants: Maximum: 20 participants
Books and Materials: Provided by the instructor / TEAM 2000
Presented By: