ISE 2040.02
Transcript Abbreviation:
(N/A)
Course Description:
Economic Analysis of engineering project alternatives. Cash flow modeling; time value of money; techniques for comparing project alternatives and making solid business recommendations; influence of financial accounting and cost accounting on cash flow models. Course uses MS Excel as primary business tool for modeling.
Course Levels:
(N/A)
Designation:
(N/A)
General Education Course:
(N/A)
Cross-Listings:
(N/A)
Credit Hours (Minimum if “Range”selected):
2.00
Max Credit Hours:
2.00
Select if Repeatable:
Off
Maximum Repeatable Credits:
(N/A)
Total Completions Allowed:
(N/A)
Allow Multiple Enrollments in Term:
No
Course Length:
7 weeks (autumn or spring)
14 weeks (autumn or spring)
Off Campus:
Always
Campus Location:
Marion
Columbus
Instruction Modes:
(N/A)
Prerequisites and Co-requisites:
Prereq: Soph standing in Engineering.
Electronically Enforced:
No
Exclusions:
(N/A)
Course Goals / Objectives:
Understand basic terminology used in financial reporting on income statements and balance sheets to company shareholders.
Understand basic cost accounting terminology as related to cash flow mode
Understand the concept of `minimal acceptable rate of return (MARR), how it is used, and what factors influence it.
Model descriptions of engineering projects as discrete cash flo
Use present worth, future worth, rate of return, simple payback period, discounted payback period, and break-even analysis to evaluate, compare and rank engineering projects
Check if concurrence sought:
No
Contact Hours:
| Topic | LEC | REC | LAB | LAB Inst |
|---|---|---|---|---|
| Understand the advantages, disadvantages, and pitfalls associated with each of the analysis methods. | 0 | 0 | 0 | 0 |
| Evaluate project financial outcomes and make recommendations based on proper calculations using MS Excel functions and good spreadsheet design. | 0 | 0 | 0 | 0 |
| Model project scenarios to evaluate risks. | 0 | 0 | 0 | 0 |
| Total | 0 | 0 | 0 | 0 |
Grading Plan:
Letter Grade
Course Components:
Lecture
Grade Roster Component:
Lecture
Credit by Exam (EM):
No
Grades Breakdown:
| Aspect | Percent |
|---|---|
| No Grade Breakdown Entered. | |
Representative Textbooks and Other Course Materials:
| Title | Author | Year |
|---|---|---|
| No Textbooks and Other Course Materials Entered. | ||
ABET-CAC Criterion 3 Outcomes:
(N/A)
ABET-ETAC Criterion 3 Outcomes:
(N/A)
ABET-EAC Criterion 3 Outcomes:
(N/A)
Embedded Literacies Info:
Attachments:
(N/A)
Additional Notes or Comments:
(N/A)
Basic Course Overview:
ISE_2040.02_basic.pdf
(9.01 KB)