Mechanical & Industrial Engrg 645 - ProjectBudgeting&Finance/Engin
Spring
2024
01
3.00
Bernd Schliemann
M W 4:00PM 5:15PM
UMass Amherst
14903
Engineering Laboratory rm 306
bfschlie@umass.edu
This course provides an overview of the fundamental concepts of basic accounting and finance, focusing on their application to managing engineering projects and organizations. Key topics covered include basic accounting terminology and methods, financial statements and how to interpret them, sources of finance available to businesses, engineering project accounting and financing, and personal and corporate financing basics.
Prerequisite: Course in Probability and Statistics
This course does not satisfy the ME technical elective.
IE majors may take this course to satisfy the level 2 technical elective.