Engineers and technology professionals must be able to understand the financial side of an enterprise to make pragmatic decisions that are key to the health of the company, access necessary capital to support strategic choices, and rise to leadership positions with true P&L responsibility.
Developing, analyzing, and communicating meaningful financial information are essential skills for those who are aiming for managerial positions in the technology world—and for anyone launching a startup or leading a company’s new business development efforts.
Your key takeaway
Financial Management in High Technology Firms is strategically designed to give you the ability to analyze the financial aspects of a company’s product or service offerings and to evaluate the bottom-line impact of systems and processes—skills that are essential to success in the contemporary technology marketplace.
How it works
Financial Management in High Technology Firms is a fully hands-on course that includes business case analysis and a capstone project that entails the creation of a fully vetted financial plan for a new product or service.
What you will learn
Financial Management in High Technology Firms will give you the core knowledge and skill to:
Analyze company budgets and financial statements
Build pro forma financial statements for a project, a service, a department, or an organization
Quantify and apply essential financial return metrics: net present value, internal rate of return, multiple ROI, pay back, and break-even analysis to engineering-related business applications
Evaluate a new product or business idea through the lens of core financial principles and assess the innovation’s impact on the financial health and performance of the business
Utilize financial management, reporting, and analysis to improve business performance
When and where the course is scheduled
Dates: Classes in January 2015 and are held for 13 weeks Time: Class day to be announced, classes will be held in the evenings from 6-9pm Location: Tufts University, Medford, MA
Note for Tufts students: This course can be substituted for ELS 103 – Entrepreneurial Finance in the Entrepreneurial Leadership Minor.
Tuition for the 2014-2015 Academic Year: $4,644 per one credit course. Purchase of books and other required course materials are the responsibility of the student. Payment is due with course registration. You can pay by VISA, Mastercard, Discover, or check (payable to Trustees of Tufts College). Additional details on tuition and registration.
Class #: to be announced Dept: EM Number: 0155 Section: 01 Credit: 1.0