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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.


  • No prerequisites are required for this course.





Course offerings

Spring/Summer 2023

Below is one offering of FMGT 8295 for the Spring/Summer 2023 term.

CRN 56053


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

Eddy Fung

Course outline

Course outline TBD — see Learning Outcomes in the interim.



Important information
  1. 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 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.

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

  1. Electronics
    Bachelor of Technology Part-time


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