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Swayam Central

Introduction to Accounting and Finance for Civil Engineers

By Prof. Sudhir Misra, Prof. K.N. Jha   |   IIT Kanpur
With the changing paradigm of the construction industry, and introduction of different contracting models, with the government trying to play more of a regulatory role and withdrawing from financial commitments, and the space being occupied by financial institutions, civil engineers in the modern day are expected to be familiar with basic accounting and finance. This aspect is almost completely missing from any curriculum in civil engineering and hence there is a need to make relevant material available in an online course, which students and practicing engineers can refer to at their convenience.
Regular assignments and a final test will also be uploaded along with solutions as may be required.

INTENDED AUDIENCE  Undergraduate and graduate students of civil engineering are the primary targeted audience.
   Young practicing engineers and engineering students from other departments may also find it very useful
PREREQUISITES :  NIL
INDUSTRY SUPPORT  All construction and consulting companies in the area of planning, design and construction of infrastructure
   projects. The material will also be useful for companies engaged in BOOT and other models of working with
   projects, especially in the highway sector. 

Learners enrolled: 931

SUMMARY

Course Status : Upcoming
Course Type : Elective
Duration : 8 weeks
Start Date : 27 Jan 2020
End Date : 20 Mar 2020
Exam Date : 29 Mar 2020
Enrollment Ends : 03 Feb 2020
Category :
  • Civil Engineering
  • Level : Undergraduate/Postgraduate
    This is an AICTE approved FDP course

    COURSE LAYOUT

    Week 1 : Basic Accounting and concepts in finance
            Book keeping: definitions, objectives, elements, journal and ledger.
    Week 2 :  Accounting & Concepts in Finance I: definitions, objectives, characteristics, limitations, basic terms
    GAAP (Generally Accepted Accounting Principles)
    Week 3 : Accounting & Concepts in Finance II: Systems of accounting, cash book, bank book, depreciation,
    provisions, reserves, accounting equation, journal & ledger entries,trial balance, profit & loss 
    account,balance sheet, cash flow statement)
    Week 4 : Analysis of financial statements I: Financial leverage, financial ratios 
    Week 5 : Analysis of financial statements II: Significance and applications
    Week 6 : Financial planning including capital budgeting I: 
            Definition, financial planning options and objectives, time value of money 
    Week 7 :  Financial planning including capital budgeting II: simple and compound  interest, rule of 72, methods of
            capital budgeting - payback period
    Week 8 : Financial planning including capital budgeting III: Accounting rate of return (ARR), net present value
    (NPV), internal rate of return (IRR)

    BOOKS AND REFERENCES

    [1] Theusen G.J., Fabrycky W.J., Engineering Economy, 9th Edition, Prentice-Hall, Inc., New Delhi, India, 2001.
    [2] Crundwell F.K., Finance for Engineers-Evaluation and Funding of Capital Projects, Springer, London, UK, 2008. (ISBN 978-1-84800-032-2).
    [3] Jha K.N., Construction Project Management- Theory and practice, 2nd Edition, Pearson India Education Services Pvt. Ltd., UP, India 2015.

    INSTRUCTOR BIO

    Prof. Sudhir Misra

    IIT Kanpur
    Prof. Sudhir Misra is Professor at the Department of Civil Engineering, Indian Institute of Technology Kanpur and has a keen interest in concrete materials, construction and engineering. He has worked with consulting and construction companies also during his 35 years of professional experience, and also led the effort to initiate a graduate programme in Infrastructure Engineering and Management at IIT Kanpur. He has been a member of committees of the BIS and also worked with professional organizations in Japan and India. His research interests include durability and non-destructive testing of concrete and development and utilization of special concretes. A lecture module of Concrete Engineering and Technology by him is also available online under the NPTEL scheme of the Government of India.


    Prof. K.N. Jha

    Dr. Kumar Neeraj Jha is with the Department of Civil Engineering, Indian Institute of Technology Delhi. He started his career with Larsen and Toubro Ltd and was instrumental in successful completion of a number of construction projects of national importance. He has published more than 80 papers in a number of international and national journals and conference proceedings. He has supervised 4 PhD Students and more than 60 M.Tech. students.

    His book on Construction Project Management published by Pearson Education, Formwork for Concrete Structures published by Tata McGraw Hill and Determinantes of construction project success in india published by Springer is widely accepted as a text book in different universities. He teaches various courses in construction technology and management. He has conducted a number of training programs for industry and has also been involved with a number of consultancy projects.

    COURSE CERTIFICATE

    • The course is free to enroll and learn from. But if you want a certificate, you have to register and write the proctored exam conducted by us in person at any of the designated exam centres.
    • The exam is optional for a fee of Rs 1000/- (Rupees one thousand only).
    Date and Time of Exams: 29th March 2020, Morning session 9am to 12 noon; Afternoon Session 2pm to 5pm.
    • Registration url: Announcements will be made when the registration form is open for registrations.
    • The online registration form has to be filled and the certification exam fee needs to be paid. More details will be made available when the exam registration form is published. If there are any changes, it will be mentioned then.
    • Please check the form for more details on the cities where the exams will be held, the conditions you agree to when you fill the form etc.

    CRITERIA TO GET A CERTIFICATE:
    • Average assignment score = 25% of average of best 6 assignments out of the total 8 assignments given in the course. 
    • Exam score = 75% of the proctored certification exam score out of 100
    • Final score = Average assignment score + Exam score

    YOU WILL BE ELIGIBLE FOR A CERTIFICATE ONLY IF AVERAGE ASSIGNMENT SCORE >=10/25 AND EXAM SCORE >= 30/75. 
    • If one of the 2 criteria is not met, you will not get the certificate even if the Final score >= 40/100.
    • Certificate will have your name, photograph and the score in the final exam with the breakup.It will have the logos of NPTEL and IIT Kanpur. It will be e-verifiable at nptel.ac.in/noc.
    • Only the e-certificate will be made available. Hard copies will not be dispatched.

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