Subject description
Financial management principles, time value of money, discrete assets considerations, continuous assets considerations, identification of cost elements, cost prediction methods, regulatory economics, financial case development, engineered asset repair-replace decision making.
Equivalence
ENGG433 - Financial Management for Engineers
Tutorial enrolment
Students can enrol online via the Tutorial Enrolment link in SOLS
Delivery
To view information specific to your campus, click on Select availability in the top right of screen and choose from the campus, delivery mode and session options.
Learning outcomes
On successful completion of this subject, students will be able to:
1.
Understand the approach taken to developing financial cases.
2.
Understand the data requirements for financial modelling and decision making.
3.
Demonstrate a working knowledge of the basic tools for valuation of projects.
4.
Demonstrate a working knowledge of the identification of cost streams to the required level of accuracy for financial planning and project evaluation.
5.
Demonstrate a working knowledge of basic financial modelling techniques for typical engineered asset management situations.
6.
Put together a financial case utilising the assistance of a management accountant as appropriate.
Assessment details
Tutorial questions
Online tests
Case Studies
Final exam
Textbook information
Silaen, P., (2017), Financial Management for Engineers and Engineered Assets, Wiley Custom Learning Solutions.