Class Time
Spring Semester (99-1)
Course Instructor
Course Description
The engineer as businessman and entrepeneur. Preparation of a business plan. The economics of capital projects and production processes. Financial analysis: mortgages, loans, direct costs, depreciation, taxes, financial statements, financing alternatives. Estimation of sales, capital and operating costs of new processes and products. Cash flows. Market evaluation comparison of alternatives. Study is in part through independent reading rather than formal lectures
Prerequisites
Successful completion of at least 60 credit hours is required for students wishing to take this course.