MIT/ILP Calendar Event
Fundamentals of Finance for the Technical Executive
This program is designed to provide senior technical managers with the financial concepts, strategies, and tools needed to deal more effectively with corporate financial management. Course curriculum focuses on basic financial principles for project evaluation, funding, and resource allocation, helping leaders to work more effectively with financial decision makers and apply the principles of finance to short-term and long-range goals.
Today's technical executive must be able to use finance to persuade corporate financial officers to fund projects as well as use financial tools to address senior management's concerns about risk. Focused on basic principles of accounting and financial decision making for managers, this program will help transform a technical manager?s ability to manage and advocate for both day-to-day and long-term activities.
This interactive, hands-on program will enable participants to:
- Understand how funding decisions are made and how they can influence those decisions by applying financial principles to project evaluation and resource allocation
- Learn how to assess projects for their potential economic value
- Conduct discounted cash flow (DCF) valuations
This program is designed for executives who manage project teams and departments, and technical professionals involved with R&D, product and software design, engineering, and other scientific and technical work. No advanced quantitative skills are required, but participants should bring calculators.
Past participants have included key members of technical management, such as:
- Chief technologists
- Head scientists
- R&D and product development directors
- Engineering and manufacturing vice presidents
- Corporate strategists
- Project managers
- Systems information managers
MIT is located in Cambridge, Massachusetts. The campus, situated in close proximity to Boston’s Logan International Airport, profits from Boston’s excellent public transportation system and the on-campus Tech Shuttle. The closest subway station is Kendall Square, which acts as a commercial center for MIT and the local community.
ILP members receive a 15% discount on all open enrollment programs, and all 2-day programs, offered through MIT Sloan Executive Education - contact your ILO for details.