Название: What Every Engineer, Scientist, and Technologist Should Know About Finance
Автор: Phillip A. Laplante
Издательство: CRC Press
Серия: What Every Engineer Should Know
Год: 2027
Страниц: 337
Язык: английский
Формат: pdf (true)
Размер: 35.3 MB

This book bridges the gap between engineering expertise and financial acumen, equipping technical professionals with essential knowledge of corporate finance. This comprehensive guide transforms complex financial concepts into accessible insights, enabling engineers, scientists, and technology specialists to confidently navigate financial documents and understand the financial drivers behind corporate decisions. The book:

Provides comprehensive coverage of professional financial context
Presents self-contained explanations of all financial terminology with no prior accounting knowledge required
Offers practical guidance for interpreting budgets and common financial documentation
Discusses cost-based project metrics, control mechanisms, and risk management strategies
Aligns with PMI's Project Management Professional exam topics in Project Cost Management, Business Environment, and Risk Management
Includes forward-looking chapters examining emerging financial technologies including cryptocurrencies, FinTech innovations, open banking, and AI applications

While the book does not cover personal finances, many of the concepts from business carry over, such as budgeting, investing, and risk management. So, this book may help you in managing your own finances in a way that is compatible with a dynamic engineering career.

The early chapters introduce the basics and familiarize you with the language of finance. The middle section introduces metrics and day-to-day management of financial matters. The final chapters introduce large-scale and strategic finance in engineering, science, and technology companies. The rigor and difficulty increase with each chapter, so I recommend that you address the chapters in order. However, if you have some financial experience, you can read the book in any order or simply use it as a reference.

By the time you have finished reading this book, it is my hope that you will have a high level of financial literacy, with special emphasis on engineering, technology, and science companies and strategies. You should be able to “speak the language of finance.”

As a bonus, you can carry this literacy into your personal finances. Many of the terms, concepts, and strategies apply in both domains. So, you will likely find that you are also more savvy with your own finances.

Written specifically for technically-minded professionals seeking to enhance their financial literacy, this essential resource serves as both a practical handbook and strategic guide. Whether you're an engineer looking to better understand how financial considerations impact your projects or a technical team leader needing to communicate effectively with finance departments, this book provides the knowledge framework to make informed financial decisions that complement and enhance your technical expertise throughout your career.