Overview

An Engineering Education Australia Virtual Workshop:

As businesses become more competitive and complex, and engineers move into project or leadership roles, financial know-how is increasingly more important. Engineers need to understand the ‘big picture’ of financial performance, the key levers for influencing financial results, and the consequences of their decisions. 

This course will help you develop the financial acuity to make informed decisions that align with your organisation’s financial priorities and objectives. It will also help you to communicate more confidently with executives and financial specialists about financial issues. 

After completing the course, you’ll be able to: 

• Make sense of financial concepts and terminology 
• Easily interpret key financial statements 
• Take an executive perspective on profit creation 
• Explain the difference between profit and cash flow 
• Recognise the interconnection of financial metrics 
• Identify the financial variables you personally affect 
• Use financial ratios to interpret financial performance 
• Ask more insightful questions about the business 
• Make better decisions by incorporating financial know-how 
• Positively influence financial productivity and results. 

Additional information

This online short course will run on the following dates:

8 August – 29 August 2024

• Session 1: 8 August, 9am – 11:30am AEST
• Session 2: 15 August, 9am – 11:30am AEST
• Session 3: 22 August, 9am – 11:30am AEST
• Session 4: 29 August, 9am – 11:30am AEST

This course consists of seven sessions that are delivered over a period of 22 days.

There are four virtual workshops delivered via Zoom and three sessions that are self-paced. The virtual workshops are delivered one per week followed by a self-paced session, except for the last virtual workshop.

• Four virtual workshops, 2.5 hours each: 10 hours
• Three self-paced sessions, 1.0 to 1.5 hours each: 3.0 to 4.5 hours

Is this course for you?

This course suits engineers and project managers who seek to gain a strong understanding of the fundamentals of finance from an executive perspective. Prior knowledge of accounting and finance is not required.