Course details
This course is meant to provide the practicing engineer with the financial knowledge and skills required for the economic analysis of business situations; more specifically the costs and benefits of alternative solutions to technical problems. This course covers the syllabus material for the CCPE Engineering Economics exam.
Prerequisite(s)
- No prerequisites are required for this course.
Credits
3.0
Cost
$697.89
Course offerings
Spring/Summer 2023
Below is one offering of FMGT 8295 for the Spring/Summer 2023 term.
CRN 56053
Duration
Fri Apr 21 - Fri Aug 11 (16 weeks)
- 16 weeks
- CRN 56053
- $697.89
Class meeting times
| Dates | Days | Times | Locations |
|---|---|---|---|
| Apr 21 - Aug 11 | Fri | 18:30 - 21:30 | Burnaby SW01 Rm. 2005 |
Instructor
Eddy Fung
Course outline
Course outline TBD — see Learning Outcomes in the interim.
Cost
$697.89
Important information
-
No class May 19th (Victoria Day Weekend). Registrants who are not BTech Electronics students must have departmental approval. Please contact Katie Howard at 604-432-8237 or khoward18@bcit.ca for more information or to be placed on a waitlist if the course is full. Note: BCIT reserves the right to cancel courses. In the event of a course cancellation, you will be notified at least two business days prior to the course start. Please ensure that your contact information is current in your myBCIT account.
Status
Learning Outcomes
Upon successful completion of the course, the student will be able to:
- Interpret and perform basic analysis of financial statements.
- Analyze and apply the various cost classifications used in economic analysis.
- Perform time value of money calculations including loan amortization, effective interest rate calculations and the valuation of stocks and bonds.
- Perform capital budgeting analyses using present value, future value, equivalent annual worth and rate of return approaches.
- Incorporate depreciation (CCA), income taxes and inflation into the capital budgeting analyses.
- Perform capital budgeting analyses in special cases such as replacements and public projects.
- Incorporate uncertainty into capital budgeting analyses by such means as sensitivity, break-even and risk analysis.
Effective as of Winter 2015
Related Programs
Engineering Economics (FMGT 8295) is offered as a part of the following programs:
School of Energy
- Electronics
Bachelor of Technology Part-time
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Programs and courses are subject to change without notice.