Advanced Process Economics and Finance for Chemical Engineers

Catalog description

Credits 3. 3 Lecture Hours. Application of economic principles and valuation techniques from projects to entire companies; background in debt, equity, cost of capital, and determination of a company-specific discount rate; development of financial models which include risk and uncertainty; foundation for consideration in a career in management with significant financial responsibility. Prerequisites: Grade of C or better in CHEN 425 or approval of instructor and Department Head.