Finance for Engineers, Project and Technical Professionals

Training course overview

Innovate or die! Nokia and Kodak are both recent examples of once great companies that failed to heed this dire warning. New technologies are at the core of disruptive business models and the company’s ability to innovate critically depends on its ability to bring forward, evaluate and develop new processes and technologies. This has put unprecedented demands on engineers, project and technical managers to not just understand the principles of project finance but also to be able to communicate and apply them effectively.

This hands-on project finance training course will focus on practical financial skills directly relevant for understanding, planning and presenting persuasive project evaluations for investment decision-making.

What are the goals?

By attending this Coventry Academy Training Course, delegates will be able to:

• Analyse and Interpret Company Financial Statements
• Understand Cost Behaviour and Common Costing Approaches
• Select and Implement Appropriate Cost Estimation Techniques
• Use Effective Tools to Produce Reliable Cash Flow Forecasts
• Build Powerful Investment Appraisal Models Using Excel
• Prepare and Present Capital Investment Appraisals

Who is this training course for?

This Coventry Academy Training Course is suitable to a wide range of professionals, but will greatly benefit:

• Project Managers
• Technical Team Members
• Engineering Professionals
• Investment Department Staff
• Cost and Management Accountants
• Planning Team Members
• Procurement and Supply Chain Professionals

Course Outline

Amongst a wide range of valuable topics, the following will be prioritised:

• Competitive and Finance Strategy Fundamentals
• Business Models and Their Disruption
• A Systematic Approach to Financial Analysis
• Analysing and Improving Financial Performance
• Cost Classification and Costing Concepts
• A Strategic Approach to Cost Reduction
• Forecasting Fundamentals
• Using Excel Statistical Analysis Tools
• Sources and Cost of Business Funding
• Funding Strategy and Optimal Capital Structure

The certificate

• Coventry Academy Certificate of Attendance will be provided to delegates who attend and complete the course