Designed for engineers and non-financial managers who need to have an understanding of business finances, this online course is a series of lectures that will help you understand the importance of financial information in business decisions or your organization.

Contact Hours:

6 Professional Development Hours (PDH)

NC State University is certified by the North Carolina Board of Registration for Professional Engineers and Land Surveyors (NCBELS) and ABET as a provider of PDH Continuing Education Units.

Duration:

Six (6) contact hours represents the estimated time to complete the online course,however, actual times may vary from user to user

Topics:

This course is divided into seven (7) lectures which build upon each other.  Topics covered include:

• Income Statements
• Balance Sheets
• Growth Strategy and Trend Analysis
• Financial Ratios, Working Capital and Payment Cycle
• Lean Accounting Concept and Lean Inventory
• Operational vs. Business Metrics
• Return on Investment in Decision Process

Instructor:

Dhirendra Kumar, PhD, Senior Extension Specialist for NC State University’s Industrial Extension Service, has over thirty-five years of technical, management, teaching, and research experience with major US corporations and universities.  He has a Ph.D. in Industrial Engineering with a minor in Reliability Engineering and has been an adjunct professor at the University of New Haven since 1989.  He has more than 18 years of teaching experience in the fields of enterprise resource planning, customer relationship management, supply chain management, operations research, inventory and materials management, outsourcing, continuous improvement, and reliability and maintainability engineering.

Dr. Kummar started his career in the heavy equipment industry with John Deere, working on the reengineering and expansion program of Tractor Manufacturing Operation.  In the mid-1980s, he reestablished his career in the aerospace industry with Pratt and Whitney, working on the total reengineering of the manufacturing facility from World War II to 21st century technology to introduce the production of new jet engines.  He joined Pitney Bowes, Inc. in 1994 where he led the business optimization and development programs, providing modeling, hardware and software solutions, as well as coached and led continuous improvement (Kaizen, Lean and Six Sigma) programs.

Availability:

This course is available online, now, 24/7.

Upon approval of your purchase and successful check-out, you will be securely linked to this online course.  You will then have three (3) months to complete this course to earn your professional development hours.