UNIVERSITI TUNKU ABDUL RAHMAN

Faculty of Engineering and Green Technology

Engineer in Society
(MPU33043)
The Role of the Professional Engineer
in Sustainable Development

Long Trimester
E B Week – 8

7th March 2019

S I UTAR, FEGT, Kampar, Perak.
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 UNIVERSITI TUNKU ABDUL RAHMAN
Faculty of Engineering and Green Technology

Engineer in Society
The Trends of Engineer in The Society
“Mind Your Future”
Objectives:
1. Explain and analyze the impact of
technology on society from the social and
economic perspectives.
2. Recognizes and apply concepts related to
Lifelong Learning to keep in pace with
advancement of technology for sustainable
development
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Some of Engineer had a strong belief that the love of money
was evil and that excessive profit meant you were greedy.

- I’m not that interested in money.

- I’II never be rich.

- I can’t afford it.

- Investing is risky.

- Money isn’t everything.

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Other Engineer had a different point of view. He
thought it foolish to spend your life working for
money and to pretend that money wasn’t important.

He believed that life was more important

than money, but that money was important for
supporting life. Learn to have money and people
work hard for you and you can be free to do the
things that are important for the society.

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He pointed out that what money was important
was :

Having lots of time to raise his kids.

Having money to donate to charities and
project he supported.

Bringing jobs and financial stability to the
community.

Having time and money to take care of his
health.

Being able to travel the world with his family.
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He also mentioned that those things take money
and that is why money is important to him.

Money is important, but he doesn’t want to spend

his life working for it.

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There is money everywhere. Most people are not
trained to see it.

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 Wealth

It’s not how much money you

make or earn, but how much
money you keep, and how long
that money works for you.

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 Wealth
The definition of wealth is the
number of days you can survive
without physically working and still
maintain your standard of living.
Wealth is meaured in time not dollars.

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It is a part of a lifelong process of gaining
knowledge and understnading for wealth
on the right path to financial freedom and
on the right path to big success in our
society.

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 Mind Your Future
As An Engineer

E B
(Employee) (Business
Owners)
New Your
Future
Engineer S I
(Self- (Investor)
Employed)

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 E B
(Business Owners)
(Employee)
You own a system and
You have a job. people work for you.

S I
(Self-Employed) (Investor)
You own a job. Money works for you.

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Mind Your Future As An Engineer
In The Society
Not All Paths Are Equal

E B
(Employee) (Business
Owners)

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S I
Not All Paths Are Equal

E B
(Employee) (Business
Owners)

S I
(Self- (Investor)
Employed)
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 Employee (E) E B
S I
1. Go to school, study hard, get a good
grade, earn a degree and can find a
safe, secure a job with good benefits to
become a Professional Engineer to earn
money.

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 Employee (E)
2. Depends on company or
government for pay hike,
medical insurance, retirement
plan.

3. Their home is their largest

investment & their greatest
asset.
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Employee (E)

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 House Is Not An Asset
a. People work almost all their lives to
pay off a home (30-year loans).
b. Maintenance and utilities expenses.
c. Property tax.

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 House Is Not An Asset
d. House values can depreciate.
e. Instead of investing in income-
earning assets, your money goes
out to payments for the house.

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 House Is Not An Asset

When buying a house, it's common advice

to treat it as an investment.

To a certain extent, that's a good idea, but

as some experts have pointed out, it's a
little more complicated than that.

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 House Is Not An Asset

Too many people think that their ROI on

their property is (Y - X)/X, where X is the
purchase price and Y is the sale price.

Don't forget to include: 6% transaction fees

on both sides, interest paid, insurance,
maintenance, property taxes, etc.

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 Your Losses Due To Pay off A
Home As A Liability Not An Asset
i. Time that could have been used to
grow value in other assets.
ii. Capital which could have been
invested rather than paying home-
related expenses.
iii. Education that makes you a
sophisticated investor.
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 Employee (E)

4. Work for money. Play it safe.

5. Don’t take risk. I can’t afford it.

6. Large debt position.

7. Face the problem not enough

money. 41
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 Employee (E)
8. For too many people, life is about
playing it safe, doing the right
things and choosing job security
over life. The life does not have to
be risky or dangerous.
9. Focus on the income column of
the financial statement.

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Most people work just hard enough not to get fired
and get paid just enough money not to quit.

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 Found A New Job
The life pattern is going from job to job.
The life path looks something like a dog
chasing its tail.
It looks like this:

E B
S I
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 Questions & Answers
For E Path Quadrant
(Q1) Explain why Engineers have not take the time to develop their
financial intelligence in the society.

(Q2) Microsoft Company owner Mr. Bill Gates mentioned “If you are born
poor it is not your mistake, but if you die poor it is your mistake.”
Are you agreed ? Why ?

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 Questions & Answers
For E Path Quadrant

(Q3) Define the definition of “Wealth” and explain why it is not easy to get
wealth at the quadrant of E path as an Engineer in the Society.

(Q4) Describe the main features of the E path quadrant in the Society.

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 Questions & Answers

E B

S I

Faculty of Engineering and Green Technology

UTAR, FEGT, Kampar, Perak.
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