• Understand core financial management concepts relevant to engineering.
• Apply budgeting and cost control techniques in technical projects.
• Conduct financial planning and forecasting for engineering initiatives.
• Analyze investment opportunities using appraisal methods.
• Recognize financial risks and implement effective mitigation strategies.

• Engineers and technical staff
• Junior project managers
• Maintenance supervisors
• Engineering team leads

Module 1: Basics of Financial Management

• Financial management overview
• Role in engineering projects
• Key financial terms and concepts

Module 2: Financial Planning and Analysis

• Strategic financial planning
• Financial analysis techniques
• Financial forecasting

Module 3: Budgeting in Engineering Projects

• Budget preparation
• Monitoring and controlling budgets
• Variance analysis

Module 4: Cost Control and Management

• Cost estimation techniques
• Managing project costs
• Cost reduction strategies

Module 5: Investment Appraisal

• Evaluating investment projects
• Net Present Value (NPV) and Internal Rate of Return (IRR)
• Payback period and Return on Investment (ROI)

Module 6: Financial Risk Management

• Identifying financial risks
• Risk mitigation strategies
• Risk management tools

Module 7: Financial Reporting and Compliance

• Understanding financial reports
• Regulatory compliance
• Ethical considerations in financial reporting

Module 8: Emerging Trends in Financial Engineering

• Technological advancements in finance
• Sustainable finance
• Global financial trends impacting engineering

The course combines various teaching methods, including instructor-led presentations, group discussions, case study analyses, and assessments through quizzes and a final exam to engage participants and ensure they understand and retain the material.