San Antonio, Texas
June 10, 2012
June 10, 2012
June 13, 2012
Engineering Management, Systems Engineering, Engineering Economy, and Industrial Engineering
25.77.1 - 25.77.8
A nanotechnology module within the current course in Engineering EconomyAbstract: For the past couple of years, the college of engineering has been offering a minorprogram in microsystems and nanotechnology. This has recently been upgraded to a major.Concurrently, efforts are underway to introduce this new field in existing courses, so as to enticestudent’s interest. This study deals with creating a nanotechnology module in our course inEngineering Economy. A typical course work in engineering economy includes employingvaluation tools and benefit-cost analysis (among many others) to study the financial feasibility ofengineering projects. Unfortunately, for projects involving nanotechnology, the finances aremainly speculative since commercial applications of nanotechnology are mainly at its infancy.Hence, we targeted small and medium enterprises (SME’s) dealing with nanotechnology relatedproducts and listed at NASDAQ. This is because such companies would have their financialstatements freely available in the internet. The module consists of designing sample valuationproblems of the SME’s created from their income statement. When first offered in Fall 2011, it isexpected that it shall help students understand a financial statement, the future sway ofnanotechnology related products in markets, and the volatility (risk) faced by the start-upcompanies.
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