Enquire here and receive the first chapter of this course manual. |
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This workshop is currently not scheduled in Australia. |
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Download PDF Course Overview |
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All our workshops are available on an on-site basis. |
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With financial decisions coming under increasing scrutiny it is essential to have enough information and knowledge to make effective choices and to drive your projects forward with sound justifications to your managers. Specifically designed for people in the engineering industries, this workshop provides you with the skills to deal with your financial people competently and effectively and gives you a solid understanding of the essentials of financial management.
This course commences with the basics of economics and gives you a solid understanding of the world order underpinning and driving the financial system. Basic accounting and finance terms are explained in simple English with an emphasis on the engineering and technology world. We then discuss cash flow concepts. The issue of making appropriate investment decisions is then examined using such techniques as NPV and IRR. Finally capital budgeting and risk are discussed in an easy to understand manner. This is certainly not an advanced course but one aimed at providing you with the fundamentals in Financial Management from a technology and engineering perspective.