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Finance for Engineers Course Overview The course has been designed to give basic understanding about business finance helping in effective decision making in their practical life. The course contains three parts one is how business works, second is what is finance and accounts and third is Business process and its management. COURSE OUTLINE PART - 1 (Business activities, Objectives and organization) Lecture 1 & 2 (3 hours) The Purpose of business activity The economic problems: needs and wants Limited resources the need to choose Why is business activity needed Business Objectives Which groups are involved in business activity Quiz and Assignment January 23, 2008

Lecture # 3 and 4 ( 3 hours) Types of Business Activity Levels of economic activity Public and Private sectors of industry Privatization Comparing the size of business How can business grow? Why does business stay small Quiz and Assignment

Lecture 5 and 6 (3 hours) Business Organizations and structures Types of Business organizations The private sector Organizational structures (by function, by product, by area/region, by customers, By process) Other business organizations in the private sector Quiz and Assignment

Lecture 7, 8, 9 and 10 (6 hours) WHAT BUSINESS DO COMPLETE PICTURE Business resources

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Business functions Type of outputs External factors Role of money in business Quiz and Assignment

PART -2 (Business accounts and finance) Lecture # 11, 12, 13 and 14 ( 6 hours) Business Costs and Revenue Business costs Break Even charts: comparing costs and revenue Breakeven Point Calculation method Business costs other definitions Economies and dis-economies of scale Budgets and forecasts Quiz and Assignment

Lecture # 15 and 16 ( 3 hours) Business Accounting What are accounts and why they are necessary Financial documents involved in buying and selling What do financial accounts contain? Analysis of public accounts Quiz and Assignment

Lecture # 17 and 18 ( 3 hours) Cash Flow planning and financing business activity What is meant by cash flow and working capital Cash flow forecasts and cash flow problem solving Why do businesses need finance Sources of finance Short , medium and long term finance How the choice of finance is made in business

Lecture # 19 and 20 ( 3 Hours) Financial reporting Balance sheet Profit and loss statement Income statement Cash flow statement Quiz and assignment

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Lecture # 21, 22, 23 and 24 ( 6 hours) Financial Ratio Analysis Liquidity ratios Profitability ratios Efficiency ratios Quiz and assignment

PART -3 ECONOMICS (SUPPLY AND DEMAND) Lecture # 25, 26, 27 & 28 ( 6 hours) Demand and supply Elasticity of demand Market price Costs of productions Profit and loss Quiz and Assignment

PART -4 (BUSINESS PROCESS APPLICATIONS) Lecture # 29 and 30 ( 3 hours) Business Process and its applications Definition Types of business processes and their flow chart Business process applications Quiz and Assignments

Lecture # 31, 32, 33 , 34, 35 and 36 (Nine hours) Business Process Improvement (BPI) and Automation Deployment Business process applications and activities Integration of business processes Process Owners Process Optimizations and transformations Business Process analysis and improvements Business process automation

FINAL TEST COURSE SCHEDULE Time and day: 2:30 to 4:30 on Wednesday and 2:30 t0 3:30 on Thursday Frequency- Twice a week

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Number of lectures 36 (18 for two hours and 18 for one hour) Total credit hours = 54 hours LEARNING MOTHODOLOGY 1. 2. 3. 4. Text , reference books and internet Class lectures, discussions, case studies and multimedia presentations Quizzes and assignments Group work

BOOKS: 1. Text: Business Studies by Karen Borrington and Peter Stimpson

ASSESSMENT & EVALUATION

1. 2. 3. 4. 5.

Quizzes Assignments Class Participation and behavior Sectionals (Two) Final Term TOTAL:

10 10 05 25 50 100

ABOUT TEACHER The teacher of this course has done Graduation in Engineering from University of Engineering & Technology Lahore in the field of Electronics and Communication and has done Masters in Business Administration from Institute of Business Administration Punjab University. He is currently working as Regional Manager Sales and services in HMA - Grundfos. He is a marketing practitioner having experience of 25 years in the field of sales, services and marketing of technology products and services. He has taught three years in ILM Lahore ( new name is University of Management and Technology) the subject Computer system architecture as visiting faculty to MCS and BCS students. He has taught Marketing Research to MBA-6 students Cyber Marketing to BBA and BBIT, Power and Influence to MBA students in COMSATS INSTITUE OF INFORMATION TECHNOLOGY ISLAMABAD. He has taught subject Finance for engineers to Bachelors in Telecom in AIR UNICERSITY. Name: Faiz Mohammad Bhutta CONTACT: Office:5468571-3 Cell: 03334-5148446 E-mail: faiz_bhutta@hotmail.com