Part One (Advanced Engineering Economy): Concepts of time value of money. Analysis of engineering decisions; principles and methodology of comparing decision alternatives, such as various engineering designs, manufacturing equipment, or industrial projects. Dealing with uncertainty and risk; rational decision making when future outcomes are uncertain. Effects of depreciation, inflation and taxation on economic decisions, cost benefit analysis of public projects. Replacement analysis. public sector analysis and break-even concepts.

 

Part Two (Introduction to Finance, Markets, Investments and Financial Management): Some basic terminology, concepts and issues relevant to financial engineering and management. More specifically, topics include the financial environment, banking and monetary system, money supply, international finance and trade, business organizations and financial data, financial analysis, short-term and long-term financial planning, managing working capital, capital structure.