This course is based on lectures by Prof. Sundar V. Atre, Endowed Chair of Manufacturing & Materials at the University of Louisville.
The overarching learning objective is to understand the financial basis for making sound technical decisions for your startup. After completing this course, you will be able to:
- Perform economic calculations involving the time value of money using standard formulas and tables.
- Compare alternatives and select the optimum alternative using Net Present Worth, Equivalent Annual Worth, and Internal Rate of Return analysis tools.
- Determine project related after tax cash flows.
- Apply the above principles in application examples such as bonds, loans and leases, break-even analysis, sensitivity analysis and inflation.