Engineering Money

Financial Fundamentals for Engineers

Richard Hill, George Solt

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Paperback

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English

John Wiley & Sons Inc
15 October 2010

Budgeting & financial management; Construction industry; Chemical engineering; Mechanical engineering & materials; Electronics & communications engineering

There are many text books about engineering design and some include project evaluation techniques. There are text books on accounting methods and yet others on business management. This book does not aim to replace these specialized texts but brings together the elements of these subjects that young engineers working in industry – particularly the construction industry and its customers – need to understand.

Most engineers learn about money the hard way: by experience in the workplace. The authors having done this themselves recognized the gap in engineers’ education and set out to bridge it. This book is based on a 1996 course George Solt pioneered for final-year engineering undergraduates. The book is written in an approachable style and gives young engineers as well as mature engineers an insight into the way engineering businesses run, the importance of capital and the problems of cash flow.

By: Richard Hill, George Solt
Imprint: John Wiley & Sons Inc
Country of Publication: United States
Dimensions: Height: 237mm, Width: 155mm, Spine: 13mm
Weight: 249g
ISBN: 9780470546017
ISBN 10: 0470546018
Pages: 196
Publication Date: 15 October 2010
Audience: Professional and scholarly , Undergraduate
Format: Paperback
Publisher's Status: Active

RICHARD HILL worked for twenty years in design and proposals in the contracting industry and served as marketing director for a specialist process plant contractor. He now runs his own independent consultancy and lectures at Cranfield University, University College London, and UNESCO-IHE in Delft, Holland. GEORGE SOLT spent thirty years in industrial research and development serving as technical director in two-specialist process plant contracting companies before becoming a full-time academic at Cranfield University and University College London.

Reviews for Engineering Money: Financial Fundamentals for Engineers

Engineering Money is an excellent book for an undergraduate course dealing with return on investment issues for any contracted project, but particularly for engineering projects. The one-liner summary items would provide excellent starting points for a spirited class discussion. Highly recommended. Lower-and-upper division undergraduates. (Choice , 1 April 2011)