Specialization Finance for Technical Managers

In Finance for Engineering Managers, you'll learn the fundamental principles of financial management. Topics include understanding and interpreting a company's financial statements, the time value of money and its role in assessing the economic viability of various projects, and the annual capital budgeting process that every company goes through when choosing projects to finance. You'll also cover some very practical topics, such as determining the cost of production, preparing an annual departmental budget, and how to forecast future sales. As a side benefit, the quantitative skills you'll acquire for business are identical to those needed to manage your personal finances. So you'll expand your analysis to investing in mutual funds made up of stocks and bonds and explore the fascinating area of ​​asset allocation. This specialization can be completed for credit toward CU Boulder’s Master of Engineering in Engineering Management (ME-EM) program, offered on Coursera. The ME-EM program is designed to help engineers, scientists, and technical professionals transition into leadership and management positions in engineering and technical industries. Based on learning outcomes and with no application requirement, the ME-EM program is ideal for individuals with a wide range of educational and/or professional experience. Learn more about the ME-EM program at https://www.coursera.org/degrees/me-engineering-management-boulder. Applied learning project Students develop quantitative skills to create a business case for a project and evaluate a company's health based on its financial statements. Students then apply their knowledge to secure their own financial future by creating a personalized retirement plan.