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Course Description

Technical expertise can help you boost efficiency and innovate new products, but to convince stakeholders to invest in these advances, you will need a degree of financial literacy. What financial documents are you likely to encounter? How can you use that information to determine the fiscal health of an organization? If you are seeking investors for a new venture, how can you ensure your financials are making a compelling case?

In this course, you will explore accounting standards and three of the most critical corporate financial documents: the balance sheet, the income statement, and the statement of cash flow. Using real-world examples, you will examine a corporate annual report and calculate metrics that can reveal the financial health of an organization. You will also investigate how scientists and engineers contribute to improving organizational finances, with special consideration for the cost of manufacturing, an expense most commonly determined by the work of technical personnel. By the end of this course, you will have new skills in understanding corporate financial documents, calculating ratios, and estimating operating costs.

Faculty Author

Alex Woltornist

Benefits to the Learner

  • Identify financial reporting requirements and standards
  • Extract key measures from financial statements
  • Estimate the cost of manufacturing

Target Audience

  • Undergraduate and graduate engineers
  • Professional engineers
  • Engineers moving into a finance career
  • Career starters in financial analysis and consulting
  • Computer scientists looking to specialize
  • Research scientists
  • Personal investors
  • Business professionals in STEM teams
  • Engineers interested in entrepreneurship

Applies Towards the Following Certificates

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Enroll Now - Select a section to enroll in
Type
2 week
Dates
Sep 11, 2024 to Sep 24, 2024
Total Number of Hours
10.0
Course Fee(s)
Contract Fee $100.00
Type
2 week
Dates
Dec 04, 2024 to Dec 17, 2024
Total Number of Hours
10.0
Course Fee(s)
Contract Fee $100.00
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