Course Overview
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
Registration requirements
Departmental approval is required to register for this course. Departmental approval is required for this course. You will not be able to register without it.
Domestic fees
$756.02
International fees are typically 3.25 times the domestic tuition. Exact cost will be calculated upon completion of registration.
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:
- Indicates programs accepting international students.
- Indicates programs eligible for students to apply for Post-graduation Work Permit (PGWP).
School of Energy
- Electronics
Bachelor of Technology Part-time
Course Offerings
Spring/Summer 2026
Below is one offering of FMGT 8295 for the Spring/Summer 2026 term.
CRN 56053
Dates
May 01 - Aug 14 Loading
- CRN 56053
- $756.02 Domestic fees
Class meeting times
| Dates | Days | Times | Locations |
|---|---|---|---|
| May 01 - Aug 14 | Fri | 18:30 - 21:30 | Burnaby SW01 Rm. 2020 |
Duration
16 weeks
Instructor
William Ng
Course outline
Course outline TBD — see Learning Outcomes in the interim.
Important information
- Registrants must have departmental approval. Please contact soepts@bcit.ca with the course CRN and your BCIT ID for approval, 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.
Confirmation
Required
To proceed with registration and add this course to the cart, please confirm:
No approval yet? Request approval Departmental approval is required for this course. You will not be able to register without it.
Status
If you have any questions about this course, please contact us.
Programs and courses are subject to change without notice. Find out more about BCIT course cancellations.