Effective leaders make investment decisions that optimally allocate limited capital resources to achieve organizational goal, while minimizing risks. They stand out not because they have access to particularly rich information, but because they seek the most useful information and accurately identify and evaluate the risks and potential return. Capital budgeting is a key strategic skillset that leaders must possess to ensure that capital resources are efficiently implemented to achieve the strategic goals. . This course aims to equip business leaders with the terminology, techniques, and the strategic mindset required to navigate a complex business environment, evaluate competing investment options, execute efficient budgeting decisions, and effectively communicate their decisions and impact.
The prerequisite for this course is Finance for the non-Financial Manager and is a required course for the Financial Management Certificate.
Agenda and course description
Professionals of any level, and in any function, who make capital budgeting decisions and want to improve the quality of their decision-making.
For JHU benefits eligible faculty and staff members only: If you are a full-time, benefits-eligible faculty or staff member who has been employed by JHU for at least 120 days, and continue in a full-time position while enrolled in courses, you are eligible to receive tuition remission. This benefit covers only noncredit courses offered through a Continuing Education Unit of one of JHU’s academic divisions, the Berman Institute, Institute for Clinical and Translational Research, Sheridan Libraries, or Executive Programs offered through the Carey Business School. This plan is available to full-time faculty, staff, and bargaining unit members only. Retirees are not eligible for this benefit. You receive 100% remission if your department certifies the course benefits your professional development and your department is willing to pay if you do not attend the course or if you cancel with less than one week’s notice. The one-week cancellation notice is waived only for emergencies with written documentation. There is an annual limit of 2 classes per calendar year for noncredit professional development courses taken at JHU (effective 2023). For more information on this policy, please refer to the HR website.