Engineering Management 452 Advanced Financial Management

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Engineering Management 452 Advanced Financial
Management
Text Financial Management Theory and Practice
10/e

• By Eugene F. Brigham and Michael C. Ehrhardt

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Advanced Financial ManagementEmgt 452

• September 18 to November 8, 2001
• Tuesdays and Thursdays
• 0900 - 1200
• Dr. Benjamin Duke Dow
• Engineering Management

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Introduction

• Introduction to class
• My background
• Tell us about you
• Value of this class
• Syllabus discussion
• Approach in this class
• Expectations

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Introduce yourself

• (Student Information Form)
• Name?
• Degree you are working on?
• How long in this program?
• Where are you from?
• Accounting experience?
• Time value of money?
• Business experience?
• Areas of special interest?

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My Background

• Engineering Management Electric Power Industry
• Manufacturing
• Electric Utility
• Consulting
• Financial
• Started and managed two companies
• Financed homes and property
• Managed investments
• Academic -
• MBA Lynchburg College
• PhD Nuclear Engineering - Purdue
• MS Nuclear Engineering U. of New Mexico
• Bs Electrical Engineering

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Why study Financial Management?

• What roles might you play where financial
  knowledge and understanding would be useful?

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Job Roles

• General Management
• Financial Manager
• Engineer - project justification, team resource,
  decision maker, influencer
• Entrepreneur - small business startup
• Financial analyst - supplier/customer
• Investor - individual

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Web Site

• Web site www.umr.edu/emgt452
• Announcements
• Syllabus
• Class Assignments
• Links to financial information

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Objectives

• Financial models tools
• Capital budgeting
• Financing options
• Strategic financial perspective
• Utilize financial information
• Corporate decisions
• Personal decisions

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Class Approach Balance

• Theory vs. application
• Global vs. national
• Enterprise vs. personal
• Book based vs. reality based
• Individual vs. team
• Analysis vs. synthesis
• Strategic vs. tactical

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Class 452 Overview
TOOLS
3,4,5
6,7,8
1,2
Finance Basics
Accounting Analysis
Valuation Methods
Capital Structure
Capital Budgeting
Personal Finance
11,12
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APLICATIONS
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Building blocks
Financial Management
Future
Past and Present
Portfolio Management
Time Value of Money
Accounting
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Class Expectations

• Valuable
• Interesting
• Informal and interactive
• Not particularly easy
• It takes work

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Communication tools

• In-class discussions and questions
• Web page www.umr.edu/emgt452
• Announcements
• Syllabus
• Class assignments
• Links to financial information
• E-mail dowb_at_umr.edu
• Phone [phone]
• Office hours Mon. and Wed. 0900 1030 or by
  appointment