Finance for Strategic Decision Making
The proliferation of data and ever-increasing pace of business require managers to apply proven assessment and valuation frameworks and practices to drive success.
Whether your background is in business administration, finance, or another area entirely, this program will fundamentally change the way you think about the decisions you face. Combining the ease and flexibility of digital learning with a unique, in-person direct application experience, you’ll emerge with a deep understanding of analytical frameworks to make decisions that align with the strategic goals of your organization.
Completion of the online segments is demonstrated by passing all quizzes and tests and is required in order to participate in the in-person session at Michigan Ross. The online participation requirement ensures that everyone in the classroom has a similar understanding of the fundamentals and sets the stage for deeper exploration and application of concepts.
Ross faculty guide you through the digital portions of the program, where you’ll explore fundamentals of accounting and finance. Learn and apply each concept at your own pace and revisit modules as many times as you'd like. You’ll create a connection with a larger community, from which you can learn long term.
While the online courses can be taken in any order, completion of the accounting course is recommended before the finance portion, as the application of concepts of accounting are helpful to completing the finance course.
Accounting for Decision Making, (approximately 3 hours per week for 7 weeks)
Principles of Valuation: Time Value of Money (approximately 3 hours per week for 7 weeks) Note that this course is part of a Specialization in Finance.
The in-person portion of the program challenges you to apply concepts you learned online to solve a complex business issue. You'll learn how to 'make your case' in any business conversation, but especially those involving accounting and finance professionals. Throughout this hands-on experience, you'll be working with data and real-world problems to identify opportunities and solutions. Your faculty and peers support, critique, and push your thinking.
- Participants emerge with an enhanced ability to assess your company, customers, suppliers, and competitors
- More cost effective and flexible than traditional 'Finance for Non-Financial Manager' courses
- Having multiple employees from your organization participate builds a common language and framework for analysis and decision-making, which enhances team performance
- Learn the critical, analytical, enterprise-oriented thinking needed for transformed decision-making
- Benefit from the rich diversity of perspective from participants representing a variety of companies, roles, cultures, and experiences
- Ross faculty bring rigor and practical application together for a unique and exhilarating learning experience
Who should attend
- Non-finance professionals with or about to obtain P&L responsibility
- High-potential leaders making resource-related decisions or recommendations
- Leaders seeking additional finance and accounting acumen to increase effectiveness of communication with finance executives
- Groups seeking common language and shared perspectives for more consistent decision-making across the enterprise
- Special arrangements for teams or groups of people from the same organization can be made including discounted pricing and customized digital and in-person experiences