Notes for The Business of Engineering, ENSC-201 and the Business of Entepreneurial Engineering, ENSC 411

Broadly speaking, these two courses cover what you need to know to make rational decisions about money. We will be covering the time value of money, methods for comparing alternative investment strategies, taxes, and ways to deal with risk and uncertainty. You should not expect any of this to be particularly interesting, but there is a good chance you'll find it useful.

Classes are on Mondays, Wednesdays and Fridays at 12:30-1:20 in BLU 9660. There is a tutorial for the ENSC 201 class on Fridays, 1:30-2:30, and a tutorial for the ENSC 411 class at 4:30 on Wednesdays, in WMC 2210. The Wednesday tutorial is held together with the business class, BUS 477, and will be used for guest lectures and for a joint engineering/business project. I will be setting assignments almost every week; these are usually purely voluntary, but on the other hand if you don't attempt any of them, the mid-term and the final exam may come as a bit of a shock. A couple of the assignments will be compulsory; I'll let you know which ones in advanace. I'll post model solutions the week after the assignment date. set. This is a three-credit course; according to the equation 1 credit-hour =3 hours of work a week, you should be spending about 9 hours a week on work related to this course. If you find that you are consistently having to spend more time than this, please let me know.





John Jones
Wednesday September 3, 2014