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Engineering Economy & Corporate Finance |
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Introduction |
This Engineering Economy & Corporate Finance course provides students with a sound understanding of the principles, basic concepts, and methodology of engineering economy, and helps them to develop proficiency with these methods and with the process for making rational decisions they are likely to encounter in practice.
This course is supplemented with the many principles and techniques in Corporate Finance.
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Objectives |
Understand the seven basic principles of engineering economy, steps involved in an engineering economic analysis and relate the analysis procedure to the engineering design process. Important cost concepts in engineering economy.
Develop and compare estimates of future consequences associated with feasible alternatives to engineering problems.
Analyze whether existing assets should be continued in service or replaced with new assets to meet current and future operating needs.
Analyze the consequences of uncertainty in future cash-flow estimates.
Identify and analyze capital financing and allocation within an organization.
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Units Covered |
Introduction to Engineering Economy. Cost Concepts and Design Economics. Money-Time Relationships and Equivalence. Applications of Money-Time Relationships. Comparing Alternatives. Depreciation and Income Taxes. Price Changes and Exchange Rates. Replacement Analysis. Dealing with Uncertainty. Evaluating Projects with the Benefit/Cost Ratio Method. Engineering Economy Studies in Investor-Owned Utilities. Probabilistic Risk Analysis. Capital Financing and Allocation. Dealing with Multiattributed Decisions.
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Assessment |
Certificate of Participation will be issued basing on following criteria:
Please take all the required online tests and score at least 80% each.
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Course Materials |
"Engineering Economy: International Edition", 14/E William G. Sullivan, Virginia Polytechnic Institute and State University (supplementary material)
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Fees |
$385 (Includes GST) |
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Duration |
3 months access |
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Lecturer |
Associate Professor Gah-Kok, Jacob Gan |
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Lecturer Profile |
Associate Professor Gah-Kok, Jacob Gan
He started his apprenticeship as an EDB projects officer in 1975 after graduating from the then University of Singapore with a mechanical engineering degree. Lured by the opportunities in Saudi Arabia, he joined a Singapore-based company to manage a cargo handling operation at Jeddah Port in 1977. After failing to strike black-gold there, he returned to Singapore in 1978 and worked for a firm to set up and manage a manufacturing plant as its general manager until in 1983 when NTU (then NTI) made him an offer that excited him. He went for his graduate studies at the University of Michigan in 1984 and has been working with NTU ever since.
In addition to face-to-face learning and teaching, he also has great passion for eLearning and has been developing and conducting eLearning courses, both scientific and soft-skill based courses. To hone his presentation skills he has been active practicing his babblings in Toastmasters clubs, including taking parts in many speech contests which he failed to win until recently when he emerged Champion in the District 80 Area Z Humorous Speech Contest. |
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>> CLICK HERE to Register Online
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