MS 4545 - Finance and Accounting 3

Institution:

Milwaukee School of Engineering

Subject:

Description:

This course considers the perspective of financial accounting, operation and analysis in business and industry fromthe standpoint of professionals working at themiddle or project level of a corporation. Background is presented in the following: elements of financial mechanics including time value, discounted cash flow and return on investment; financial statements, specifically income statements and balance sheets; financial concepts of depreciation, income taxes and cost of capital; and financial operations, in particular capital budgets. Practical applications also are provided relating to capital investment justification and new product evaluation. Consideration also is given to the specific operating controls used in business and how they relate to the day-to-day activities of the professional inmarketing, production and engineering. (prereq: junior standing)

Credits:

3.00

Credit Hours:

Prerequisites:

Corequisites:

Exclusions:

Level:

Instructional Type:

Lecture

Notes:

Additional Information:

Historical Version(s):

Institution Website:

www.msoe.edu

Phone Number:

(800) 332-6763

Regional Accreditation:

North Central Association of Colleges and Schools

Calendar System:

Quarter

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