GIC | Distance - Engineering Economics
 
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Very knowledgeable and took time to answer questions. Material was not only “academic” but included practical aspects. Participation and examples to actually work through in class was very good.
Wayne
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Distance - Engineering Economics


Course Code: 98-CS-1
Date: 07 Mar - 25 Apr 2009
Location: Edmonton, AB
Details: Global Innovative Campus
GIC - Canada
6563 Gateway Blvd NW
Edmonton AB
T6H 2J1

If you wish to receive training for this course in a different location, click here to submit a request.

$975.00

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  • Register two or more delegates and get %10 off course fees each
  • For GIC policies , please click here
  • We could offer any of our courses at a location of your choice and customized contents according to your needs, please contact us at : inhouse@gic-edu.com or click here  to submit an online request.

 
  • Are you busy with your work schedule?
  • Can not attend training within week days?
  • Are you looking for refresher course on specific engineering topics and can not find an intensive course to serve your needs?
  • This course might be the right thing to meet your needs!

Course Description:

In order to advance to upper and top management, engineering professionals must have a clear understanding of the finance and economics that directly impact the engineering profession and the firm or clients they serve. Engineers who run divisions, firms or companies must master another spectrum of skills; they must understand engineering economics.

In addition, this course directed to help foreign-trained engineers by offering engineering economics courses with a focus on preparing candidates to write and pass the APEGGA Professional Engineering exam. Engineering Economics is a program focused on capital investment decision-making and related investment issues.   At the conclusion of this program, the participants will understand:

  • The organization's criteria for investment decisions.
  • The time-value-of-money concept.
  • How to assess alternative investments.
  • How to assess and minimize risk associated with alternative investments.

This course provides an overview of financial techniques utilized by practicing engineers to solve a variety of problems. These will include annual cost, present worth, rate of return, depreciation, and benefit-cost methods of determining prospective differences between or among design alternatives. Fixed and variable costs, retirement and replacement issues will also be covered.

Who should attend?

Foreign-trained engineer candidates who want to pass the Engineering Economics required by APEGGA, manufacturing managers, manufacturing engineers, industrial engineers, , and others with a role in capital investment decision criteria should attend this training program.

Course Outline and Covered Topics:

  • Introduction
  • Decision-Making Process
  • Interest and Equivalence
  • Present Worth Analysis
  • Annual Cash Flow Analysis
  • Rate of Return Analysis
  • Incremental Analysis
  • Other Analysis Techniques
  • Depreciation
  • Replacement Analysis
  • Inflation and Price Change
  • Income taxes
  • Disposal tax Effects
  • Income Tax Effects on Investments

 


To register for this course click on the register button above, or by fax. To register by fax, download and fill our registration form, then fax it to (888) 849-4871. Mail your cheque to our address . If you have a question regarding this course, please click here.

P.S. GIC can offer many of our courses at a location of your choice, at your convenience and tailored to your special needs. For more information, please contact us.

Course Materials:
Each participant will receive a complete set of course notes and handouts that will serve as informative references.

Policies:

GIC reserves the right to cancel or change the date or location of its events. GIC's responsibility will, under no circumstances, exceed the amount of the fee collected. GIC is not responsible for the purchase of non-refundable travel arrangements or accommodations or the cancellation/change fees associated with cancelling them. Please call to confirm that the course is running before confirming travel arrangements and accommodations. Please click here for complete policies.

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