This industry-accredited course offers a strategic overview of civil engineering and management issues; addressing the challenges facing the construction industry. It successfully combines structural engineering with advanced construction management. The course is aimed at civil and/or structural engineers who aspire to become senior managers in both consulting engineering and contracting organisations, and is particularly suitable for graduate engineers starting their career in the construction industry. It will develop your professional, analytical and management skills, as well as improve your technical skills and knowledge.
There are four taught modules and a thesis. Three of the modules are intended to provide you with an understanding of the core management skills needed to make a major contribution within the industry, while one structural design module enables you to broaden and deepen your technical knowledge of specialised civil engineering areas. You will also cover subjects that are both specific and complementary to civil engineering. In addition, you will develop the ability to resolve the broader problems that arise in civil engineering.
However, the contractor may want to assess the actual cost of construction by considering the actual construction procedures to be used and the associated costs if the project is deemed to be different from typical designs.
This course extends the body of knowledge acquired in MBA 650. Students expand knowledge of dividend theory, capital structure theory, capital budgeting, long-term financing decisions, cash management and corporate restructuring, market efficiency, and risk and liability management.
which includes identifying potential risks and taking appropriate actions to eliminate or reduce risks.
Silver Fiddle Construction Company specializes in building high-quality, customized homes in Grand Junction, Colorado. New customers, the Czopeks,
about the dream home project they are entrusting to your company.
Gray, C. F., & Larson, E. W. (2006). Project management: The managerial process. New York, NY: McGraw-Hill.
The Risk Management concentration integrates key areas of financial risk with global industry needs and best practices. You will learn how to assess and manage various types of financial risks in a global company. The curriculum also aligns with the Global Association of Risk Professionals’ Financial Risk Manager certification program.
Understanding the Value Impact of Receiving and Providing Trade Credit
By: Vinod Venkiteshwaran, Ph.D.
Most discussions, formal and informal, on firm credit policy are typically undertaken with no immediate reference to the impact on shareholder value. Every financial decision that a credit manager makes ultimately affects stock valuation. Therefore it is important to understand the impact that credit policies have on shareholder value. Trade credit has been shown to act as a substitute for traditional sources of financing such as bank loans especially for financially constrained firms. Therefore managing credit policy appropriately can have significant implications for those firms in terms of shareholder value. Firms that are not financially constrained may not rely on receiving trade credit as much but they are in a better position to provide trade credit, which in itself can lead to competitive advantages. Therefore how much in trade credit a firm receives versus how much in trade credit it extends has a joint effect on stock values. The empirical tests in this study estimates that the joint marginal impact of receiving versus providing trade credit results in a 24 cent increase in stock value per dollar of net trade credit received.
Business Credit and Collection Risk Analysis
By C.J. Wimley
Historically, the majority of business credit decisions made by credit departments are based on data purchased from one of the major credit bureaus, i.e., Dun & Bradstreet (D&B), Equifax, Graydon or Experian. These companies provide various types of generic credit reports and associated services where the information contained comes from a relatively small number of data providers, approximately 6,000 of the 20 million companies operating in the US, for US-based credit bureaus together with various forms of public record data such as liens, judgments and published financial statements. Additionally, information may be provided by trade associations and of course the company's own operating experience with their customers. Generic scores, credit bureau reports and data can be used either as a stand-alone evaluator or as a component of a judgmental-based model. However, companies are now reconsidering this technique and are instead adopting statistical modeling (or a hybrid of statistical with the bureau data). The nature of the data provided by the credit bureau assumes that every company looking at the data has the same risk, because the risk measurement provided is the same for everybody.
Assignment for the Benefit of Creditors and State Law Preferences
The course introduces students to the structure and management of international financial-services firms and methods through which financial institutions manage risk. The course discusses tools for identifying, measuring, evaluating, and managing risks, such as interest rate, credit, foreign exchange, liquidity, market, sovereign, and operational risk. The course also introduces key regulations and discusses important ethical issues in the financial-services industry.
Students learn theory and techniques of scientific portfolio management, including the establishment of portfolio objectives, evaluation of portfolio performance, asset allocation strategies, and the use of derivative securities in portfolio insurance.
The course is designed to provide information on various types of fixed income securities and markets, theories and concepts of the term structure of interest rates and valuation of fixed income securities, measurement and management of risk for traditional bonds and bonds with embedded options, understanding of the role of derivatives such as mortgage-backed securities, asset-backed securities, swaps and exotic options, credit analysis and bond rating, portfolio management and performance evaluation. This course is generally offered as an intensive elective.