Financial Acumen for Engineers

Engineering context

As businesses are becoming more competitive and complex, financial knowledge and skills is increasingly important. In particular, employers need Engineers who understand ‘big picture’ corporate financial performance and can apply this knowledge to improve the financial results of the organisation.

This two-day course will ensure you understand fundamental financial concepts and principles, key financial variables and metrics (and their interrelationship), and opportunities to positively influence financial results. The course uses unique financial models, practical examples, thought-provoking case studies, group discussions, and quizzes to develop your financial acumen.

Upon completion of the course, you'll be able to define and use financial terminology, interpret balance sheets and income statements, appreciate strategic financial goals and priorities, better evaluate financial issues and performance, communicate more effectively with senior managers and financial personnel, explain how individual projects influence financial productivity, and justify proposals or recommendations from a financial perspective.

Build your Chartered competencies

This training course builds skills and knowledge in the following Engineers Australia Chartered status competencies*:

6. Identify, assess and manage risks
9. Performance

Learn more about Chartered Status.

*Completing this course does not automatically guarantee a competency, it provides participants with the underpinning knowledge required to develop specific Chartered competencies.

Financial Acumen for Engineers
Book a Public Session
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$ 1,425.00 - Non-member
$ 1,353.75 - EA member
Select the date, location and number of attendees for your public session.
For postal registrations, please download the pdf version of our registration form here.
If you are unable to attend the above dates, please contact to discuss upcoming dates.

We can bring this course to you and even customise the content so that it’s applicable specifically to your work group and industry context.

Find out more about how we can help you and your team with your financial knowledge by filling out an enquiry form or calling +61 3 9321 1700.

Is this course for you?

Formerly known as 'Strategic Financial Imperatives', this course is for you if you’re a non-financial manager or specialist who would like to develop your financial acumen. Prior knowledge of accounting and finance is not required.

Your facilitator for this course

Geoff Rip has extensive experience in consulting and training services, both in Australia and overseas. For more than 20 years he has designed and delivered financial acumen training programs for Australian organisations across all business sectors, including many well-known commercial and blue chip companies. His programs have benefitted staff at all levels, from front-line sales representatives to executive managers.

Geoff has a Bachelor of Business Science (Hons) and an MBA degree, specialising in organisation development. He also has a reputation as a talented facilitator and believes that learning should be stimulating and enjoyable. As a result, Geoff consistently receives excellent feedback on the programs that he delivers.

More Information

Full Course Outline