ELITE Certificate – Finance & Management Courses

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Course Description *Click course title for syllabus linkAdmin InfoNext Session DetailsFall 2017Winter 2018Summer 2018 (*Tentative Schedule)
APS502H1: Financial EngineeringFALL 2017: September 11 to December 8, Tuesdays from 5pm-8pm in MC252

WINTER 2018: January 8 to April 6, Thursdays 5pm-8pm (Location TBD)

APS1001H: Project ManagementFALL 2017: ONLINE Course September 11 to December 8

WINTER 2018: ONLINE Course January 8 to April 6
APS1004H: Human Resources Management: An Engineering PerspectiveWINTER 2018: January 8 to April 6, Tuesdays 6pm-9pm in BA 1180x x
APS1005H: Operations Research for Engineering Management x
APS1009: Natural Resources ManagementFALL 2017: September 11 to December 8, Wednesdays from 6pm-9pm in SF3201
Note: Wednesday Sept 13th & Wednesday Oct 11th classes will be held in BA1170
APS1016H: Financial Management for EngineersFALL 2017: September 11 to December 8, Wednesdays from 3pm-6pm in BA1210x x
APS1017H: Supply Chain Management and LogisticsOur apologies but this course has been cancelled for Summer 2017 due to scheduling conflicts. x
APS1020H: International Business for EngineersFALL 2017: September 11 to December 8, Thursdays from 6pm-9pm in GB120x x
APS1022H: Financial Engineering II x
APS1028H: Operations and Production Management for Manufacturing and ServicesFALL 2017: Mondays from 2-5pm in SF3201x x
APS1032: Introduction to Energy Project ManagementWINTER 2018: January 8 to April 6, Mondays 5pm-8pm in MS3278x
APS1038H: Strategic Sustainability Management for Businesses and ProductsWINTER 2018: January 8 to April 6,
Tuesdays 5pm-7pm (In-class) in UC 144 and Thursdays 3-4pm (Webinar) in BA 3008 (Thurs' room subject to change)
APS1039H: Enterprise Risk Management
APS1040H: Quality Control for Engineering ManagementONLINE course with videos posted daily. Daily tutorials with access for remote students. x

APS502H1: Financial Engineering

APS502H Syllabus

Roy Kwon

This course will focus on capital budgeting, financial optimization, and project evaluation models and their solution techniques. In particular, linear, non-linear, and integer programming models and their solutions techniques will be studied. The course will give engineering students a background in modern capital budgeting and financial techniques that are relevant in practical engineering and commercial settings.

APS1001H: Project Management

APS1001H – Project Management

Keith Farndale

Course intro here. Project management has evolved from being an accidental job title into being a chosen profession with career paths and a body of knowledge. This course covers most of the knowledge areas of the Project Management Institute: integration, scope, cost, time, risk, human resources, procurement and communications management. We take a practical, applied approach, with the “PMBOK Guide” textbook, in-class exercises, and a team paper on “lessons learned” from an actual project. This a completely asynchronous online course.

APS1004H: Human Resources Management: An Engineering Perspective

APS1004H Syllabus

Tom Stephenson

This course analyzes the relationship between management and workers in an engineering (including construction and manufacturing) environment. The course takes a holistic and strategic view of how industrial relations affect the business environment. Students will study industrial relations from the context of engineering-related industries, economics, sociology, and psychology. Students will develop an historical appreciation and perspective of the evolution and development of labour relations through concepts presented by figures such as Adam Smith, Fredrick Taylor, Charles Deming, and J.M. Juran. The goal of the course is to provide a general manager with a thorough understanding of how they can develop a competitive advantage for their organization through effective and thoughtful human resource management practices. In the context of how they relate to engineering and industrial relations, the course topics include: organizational behaviour including methods of motivation, scientific management, quality control, employment and economics, employment as a social relation, unions and other forms of employee representation, internal labour markets, strategic planning and the formulation of human resource strategy, practices and policies.

APS1005H: Operations Research for Engineering Management

APS1005H Syllabus

Daniel Frances

This course introduces optimization techniques applicable in solving various engineering programs. These techniques are widely used in engineering design, optimal control, production planning, reliability engineering, and operations management. The contents of this course can be classified into two major categories: modeling techniques and optimization algorithms. Topics include linear programming, sensitivity analysis, nonlinear programming, dynamic programming, decision making under uncertainty, new developments in optimization techniques. The course will also examine several case studies to gain understanding of real applications of optimization techniques.

APS1009: Natural Resources Management

APS1009H Syllabus

Eduardo Fernandez

This course aims to offer graduate engineering students a unique view of issues related to the management of natural resource enterprises, and the required knowledge to identify and develop sustainable solutions to the interdisciplinary challenges related to the management of natural resources. The course also considers the management of public enterprises that are in charge of planning and developing national resources, not only in Canada, but also internationally. This course will help students develop the necessary capabilities required of engineers working in natural resources management and natural resources enterprises, whether public or private, in Canada and internationally. The course utilizes lectures and real case analyses, and requires students to write and present a final project report.

APS1016H: Financial Management for Engineers

APS1016H Syllabus

Babu Gajaria

The students will be exposed to classical equity valuation methods; such as discounted cash flow analysis, net asset value, fundamental analysis and relative value analysis, using measures such as P/E multiples and P/Cash flow multiples. The students will be introduced to the principles of bond and stock valuations with a special emphasis on its relation to the cost of capital. The course will take an in depth view of capital budgeting, capital investment decisions and project analysis and evaluations. It will introduce students to the concept risk and return in equity markets. The students will get hands on experience in calculating cost of capital and hence the appropriate discount rate to use in valuations. Theory of optimal capital structure and financial leverage will be discussed in addition to economic value added principles. The relevance of dividends and dividend policy will be debated in class. The concept of “does dividend policy matter” will be subject of a vigorous debate. Finally the topic of mergers and acquisitions will be covered in depth, with particular reference to recent mergers of Canadian companies.

APS1017H: Supply Chain Management and Logistics

APS1017H Syllabus

C.G. Lee

This course is to provide students with a framework to design and control supply chain systems. To achieve the goal, the course will cover key modules in supply chain. The students will be exposed to topics such as: inventory theories, transportation, postponement strategies, supply chain dynamics, value of information, supply chain flexibility, and environmental issues. We will focus on the analytical decision support tools (both models and applications), as well as on the organizational models that successfully allow companies to develop, implement and sustain supplier management and collaborative strategies.

APS1020H: International Business for Engineers

APS1020H Syllabi

Eduardo Fernandez

Students will learn the basic concepts to be considered when growing businesses via entering into foreign markets, and internationalizing entrepreneurial companies. The course is an introduction to global entrepreneurship; managing global strategy; diversifying, acquiring, and restructuring across borders; governing the corporation around the globe; making alliances and acquisitions work; understanding how institutions and resources affect the liability of foreigners; and managing corporate social responsibility within a global content. There will be example cases of how companies throughout the world, including Brazil, China and India have expanded globally. For a better understanding of the international arena while internationalizing entrepreneurial companies, there will also be a brief review of some recent global developments, including the current impact of the 2009 global economic crisis.

APS1022H: Financial Engineering II

APS1022H Syllabus

Roy H. Kwon, C.G. Lee

The course presents two important topics in financial engineering: portfolio optimization and derivative pricing. These two topics are explored by the application of a number of mathematical tools, including linear programming, nonlinear programming, statistical analysis, and the theory of stochastic calculus.

APS1028H: Operations and Production Management for Manufacturing and Services

APS1028 Syllabus

Stephen Armstrong

Operations Management is the systematic approach and control of the processes that transform inputs (e.g. human resources, facilities, materials, processes, enterprise management information systems, etc.) into finished goods and services.  The operations function consists of the core wealth creation processes of a business and helps an organization to efficiently achieve its mission while constantly increasing productivity and quality. This course focuses on the role of operations management as a strategic element of the total organization.  We will cover classic and up-to-date tools and concepts used to support operational managerial decisions in variety of industry sectors both in manufacturing and the service sector.  The course covers areas such as strategy, product design, process design, plant location and plant layout, inventory management, role of technology in OM, HRM, Socio-Tech Systems, Group Technology, ERP / CIM, Quality Management, Maintenance Management.  The course is tailored for engineers that aspire to senior management positions starting as departmental / functional managers of operations or engineering, and then progressing to directors, VP Operations, VP Manufacturing and eventually becoming a Chief Operations Officer (COO) or C-Level Certified Management Consultants in small to large scale enterprises.  This course will incorporate academic scholarly readings to provide the broad theory of OM but most of the readings and discussions will be based on the instructors many years of hands on practical experience in OM in a variety of industry sectors.

APS1032: Introduction to Energy Project Management

APS1032H Syllabus

Payam Rahimi

Project management is important for any business organization, but particularly so for the energy industry. Sufficient controls are needed during initiation, study, implementation, and closeout of any energy project, and project managers within the energy environment (such as oil, gas, nuclear, …) face unique challenges and important risk management considerations. This course will expose students to best project management practices within the context of the energy industry. The course will introduce the particular characteristics of managing energy projects from the planning phase to closeout. Environmental assessments, geopolitical considerations, the political landscape, risk management and the roles of different players will be discussed. Tools to monitor the health and progress of a project will be introduced. Examples of different types of energy projects in the fields of nuclear, bio-mass, oil, gas, wind and solar will be used to illustrate concepts.

APS1038H: Strategic Sustainability Management for Businesses and Products

APS1038 Syllabus

Jabeen Quadir

This cross-disciplinary graduate course provides a holistic overview of the environmental, social, economic and governance (ESEG) aspects of strategic sustainability management for businesses and products. You will have the opportunity to learn about a variety of industry sector, business and product sustainability challenges along with collaborative solutions applied and results achieved. You will gain a broad, cross-functional, cross-disciplinary perspective that will prepare you to facilitate sustainability management programs.

The importance of integrating strategic sustainability management into the interconnected network of systems that make up the business-to-business value chain will be discussed. The value of managing sustainability impacts throughout the full life cycle of products will also be addressed. Internationally recognized frameworks, best practices, methodologies and tools based on ISO international standards will be introduced as vehicles for practical application of solutions that support leadership in sustainability performance improvement.

This course is for graduate engineering students who wish to gain a broader and deeper understanding of business and product strategic sustainability management from multiple stakeholder perspectives that make up the business-to-business value chain. This course is for you— if you aspire to be a sustainability change agent within industry, who believes that businesses can and should be a thriving force for good in the world. You seek to understand, facilitate and influence how stakeholders can collaborate to lead the development and implementation of transformative sustainability management systems and programs.

Students will have the opportunity to select and research an existing cross-sector sustainability challenge along with the solutions applied and results achieved. You will present a summary of your work to the class to enhance peer-to-peer learning.

APS1039H: Enterprise Risk Management

APS1039H Syllabus

Joanna Makomaski

Risk Management is a highly valued discipline and eagerly sought after by organizations that are heavily regulated, requiring high resiliency, that deal with environmental, health and safety issues, involved in project management, insurance, financial services and also within the public sector.

Enterprise Risk Management (ERM) is a decision support system that helps such organizations understand risk and assure the achievement of their goals. Engineers often play an integral role in an organization’s ERM effort, from identifying risk and assisting in the design and implementation of risk response solutions. This course is intended to provide to a high level understanding of what is risk and what does an ERM process look like for organizations including some common challenges and pitfalls of institutionalizing an ERM culture.

APS1040H: Quality Control for Engineering Management

APS1040H Syllabus

Daniel Frances

This course introduces quality control techniques applicable in various engineering settings. These techniques are widely used in monitoring and improving the quality of both products and services. Topics include process quality inferences, statistical process control, various control charts, system capability analysis, design of experiments, and acceptance sampling. Various simulation models will be used to represent and generate data sets in various settings, for analysis and charting with widely available software.