The first part of this course takes a backward-looking approach to the analysis of a firm and evaluates its past and current financial position, risk and profitability through a thorough discussion of its financial reports. This is the process of financial statement analysis, a process which should lead to meaningful strategic recommendations. The second part of the course takes a forward-looking approach to a firm’s operations by illustrating the steps needed for effective capital budgeting. Selecting a project among a menu of possible projects is arguably the single most relevant decision which companies make. The two components are presented in an integrated way to highlight their conceptual relation and their complementary role in the context of effective managerial decision-making.
This course is the prerequisite for Financial Statement Analysis and Capital Budgeting and is the first class which should be taken in pursuit of the Financial Management Certificate.
In our Finance for the Non-Financial Manager course, you will gain an understanding of financial analysis in order to inform your organization’s potential investment options. Learn how to assess your company's financial position, risk, and profitability and how to choose between competing projects and priorities. Whether you’re a leader making decisions with financial implications, or a rising manager looking for a strong introduction to financial concepts and analyses, this course will enhance your skill set through lectures, exercises and the discussion of real-world business cases.