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Accounting is often referred to as the language of business .Engineers need to learn about a firms accounting practice so that they can communicate better with management.

Engineering is the application of mathematics, empirical evidence and scientific, economic, social, and practicalknowledge in order to invent, innovate, design, build, maintain, research, and improve structures, machines, tools,systems, components, materials, and processes.

The discipline of engineering is extremely broad, and encompasses a range of more specialized fields of engineering, each with a more specific emphasis on particular areas of applied science, technology and types of application.

ALL ABOUT ENGINEERING SCIENCE & ACCOUNTING. The purpose of this course is to provide an overview of financial and management accounting concepts and analysis of financial statements. The course is user-orientated rather than procedure-orientated.

1. Financial Accounting
   1. The reporting framework and the accounting equation
   2. The balance sheet and the Income Statement
   3. Current and Non Current Assets/liabilities and owner's equity
   4. Understanding and differentiation between revenues, expenses, accruals and the cash flow Statement
   5. Financial Statement Analysis
2. Management Accounting
   1. Cost Classification
   2. Job Costing
   3. Process Costing
   4. Activity Based Costing
   5. Activity Based Management
   6. Cost Volume Profit Analysis
   7. Pricing
   8. Budgeting for Planning and Control
   9. Standard Costing and Variance Analysis
   10. Decentralisation, Multinational Corporations and Transfer Pricing
   11. Quality

Engineering Management

Systems Engineering:
we used systems thinking and systems engineering. then explore methods of designing and devloping complex systems in terms of hierarchy and life cycle. The need for sound specification practices is emphasised.
Innovation and Technology Management:
key concepts and furthers the understanding of the role of innovation and technology and their efficient management to build and maintain a competitive edge in business. Innovation and technology management links engineering, science and management principles to identify, choose and implement the most effective means of attaining compatibility between internal skills and resources of an organisation and its competitive, economic and social environment.

Project management:  It provides participants with the knowledge and skills to manage projects over a wide spectrum of application areas.
Maintenance management:
It is a Reliability Centered Maintenance as it relates to system and equipment supportability and maintenance. We understand the concepts of reliability, availability and maintainability and place these in the context of totally integrated system support .

Operations management:  This covers knowledge needed to design and understand as well as manage typical manufacturing operations in an engineering environment. 

Quality management:  understanding the management of quality within a manufacturing and engineering operations environment. Students gain an understanding of the History of Quality, Quality Management, TQM and Business Excellence including evaluating the use of various "models" and frameworks" including the International "Baldridge" best practice framework 

Systems Engineering Overview of system engineering, including its evolution. Relationships within systems engineering. Systems engineering concepts and processes. Description of each systems engineering process activity. Key issues in organising an integrated product and process team and setting up the communications mechanisms required for team success. A description of several capability models for systems engineering

Innovation and Technology ManagementTechnology and Competitive Advantage - Opportunities for integrating the company's technological resources into an overall technology strategy, interactions between operational functions, development of innovative organisational capabilities to encourage and support the realisation of technology-based opportunties and investment in technology.  Technological Analysis, Trends and Forecasting - Technological development analysis and trends forecasting techniques to assist in identifying potential new development and opportunties, evoution and revolution in product and process technology, invention and innovation, advanced manufacturing processes, product development cycles.

 Acquisition and Transfer Technology - Internal and external sources, individual and joint innvoation and research, strategic alliances for technological development, managing the transfer of technology within and between organisations, the human skill component of innovative and technological capabilities, learning across development projects.

Project Management

PROJECT MANAGEMENT CONCEPTS

Course structure and objectives
Definition of concepts
Project life-cycl
Process steps

NEEDS IDENTIFICATION

Need identification
Developing a Request for Proposal
Proposal solication process

PLANNING

Project objective
Developing a WBS
Responsibility
Network diagram

SCHEDULING

Estimating duration of activities
Start and finish times
Project duration
Resource constraints
Schedule control

COST AND SCHEDULE CONTROL

Items to consider when estimating
Preparation of a baseline budget
Cumulating actual costs
Forecasting project cost at completion
Controlling project costs
Managing cash flow

SUPPORTING ISSUES

The Project Manager
The Project Team
Software for Project Management
Forecasting project cost at completion
Controlling project costs
Managing cash flow

Maintenance Management

Reliability Issues

1. Overview of reliability in equipment design and maintenance
2. Reliability Centred Maintenance
3. Overview of RCM principles
4. RCM task selection
5. Worksheet exercise
6. Discussion of application to work environment

Case Studies

1. Class discussion of cases

Operations Management

  Introduction

1. Manufacturing Operations
2. Issues Facing NZ Manufacturers
3. MRP Systems

Inventory Management

1. People Issues in Operations Management
2. Measures and Management

Supply Chain, Site Visit to witness a complex operation in action, Design for Supply Chain Theory of Constraints, Site Visit to witness how constraints are dealt with Lean Systems, Operations Strategy

Quality Management

 Holistic view of  the business/organisation including identification of the functional elements involved and the alignments and integration of the various functions within a business.
  Organisational Performance improvement including the use of business evaluation tools, scoring methodologies and planning processes.
 "Best practice" processes by business function, in use both Nationally and Internationally.
 Strategic Performance Measurement via the use of a Balanced Scorecard methodology and including target setting and Benchmarking.
 Quality Tools and their practical applications
MENT CONCEPTS

1. Course structure and objectives
2. Definition of concepts
3. Project life-cycle
4. Process steps

NEEDS IDENTIFICATION

1. Need identification
2. Developing a Request for Proposal
3. Proposal solication process

PLANNING

1. Project objective
2. Developing a WBS
3. Responsibility
4. Network diagram

SCHEDULING

1. Estimating duration of activities
2. Start and finish times
3. Project duration
4. Resource constraints
5. Schedule control

COST AND SCHEDULE CONTROL

1. Items to consider when estimating
2. Preparation of a baseline budget
3. Cumulating actual costs
4. Forecasting project cost at completion
5. Controlling project costs
6. Managing cash flow

SUPPORTING ISSUES

1. The Project Manager
2. The Project Team
3. Software for Project Management
4. Forecasting project cost at completion
5. Controlling project costs
6. Managing cash flow

Maintenance Management
Reliability Issues

1. Overview of reliability in equipment design and maintenance

Reliability Centred Maintenance

1. Overview of RCM principles
2. RCM task selection
3. Worksheet exercise
4. Discussion of application to work environment

Case StudiesM

1. Class discussion of cases

Operations Management

Introduction

1. Manufacturing Operations
2. Issues Facing NZ Manufacturers
3. MRP Systems

Inventory Management

1. People Issues in Operations Management
2. Measures and Management

Supply Chain, Site Visit to witness a complex operation in action, Design for Supply Chain Theory of Constraints, Site Visit to witness how constraints are dealt with Lean Systems, Operations Strategy

Quality Management

 Holistic view of  the business/organisation including identification of the functional elements involved and the alignments and integration of the various functions within a business.
Organisational Performance improvement including the use of business evaluation tools, scoring methodologies and planning processes.
 "Best practice" processes by business function, in use both Nationally and Internationally.
 Strategic Performance Measurement via the use of a Balanced Scorecard methodology and including target setting and Benchmarking.
Quality Tools and their practical applications.