Business Finance (BF)

• Understand the key concepts that underpin accounting
• Assess risk and investment opportunities accurately
• Discover better ways to mitigate risk when structuring capital projects
• Improve your organization's operational and financial performance

Become confident in finance with this personalized online program

Already a successful manager, your main goal is to improve your financial knowledge to make better business decisions. You realize a deeper knowledge of finance and accounting offers you the edge over others in your industry.

Finance Fundamentals for Executives gives you a clear understanding of your own company's financials - and the impact you can make on them. You will become comfortable with financial statements and financial analysis, and able to make valid risk assessments of competing expenditures and cost-reduction projects.

Equipped with a new financial tool-set, you will formulate strategies that maximize value for your organization.

Your Learning Journey

Unit 1: Financial statements: The language of business

• Understand key accounting concepts
• Obtain an overview of main financial statements
• Apply theory to financial statements

Unit 2: Financial analysis, ratios and return on invested capital

• Learn how to evaluate company performance
• Discuss managerial implications of financial analysis

Unit 3: Risk, return and weighted average cost of capital

• Examine the relationship between risk and return
• Acquire knowledge about capital asset pricing, credit spreads and company beta
• Calculate weighted average cost of capital (WACC)

Unit 4: Capital budgeting and project valuation

• Understand project valuation criteria
• Assess investment options
• Forecast cash flows in real projects
• Develop project valuation models in Excel
• Perform sensitivity analysis

Unit 5: Capital structure and financing strategies

• Evaluate different capital structures, associated risks and benefits
• Explore implications for raising capital and valuation.