This subject is very important not only in business, but also in IT. As an IT professional, this class really helped me to understand about a company's business finance. I will take more classes related to the same subject.
The course was very helpful, in addition, I was inspired to use the concepts for my own personal finances.
This class was a great refresher for me, since it has been quite a few years since I had taken accounting classes in college. The information was presented well and the instructor got the information across in a way that I could relate to.
This course was wonderful! I had no background in finance but was able to follow all the lessons easily and with great interest. The instructor is as good as you can get! He has a great way of presenting the material and goes beyond expectations in giving feedback about questions and lesson assignments. My only disappointment is to see this class end. I'm very pleased with this experience and the knowledge I have gained.
I just wanted to take this opportunity to say a big "thank you" for the wonderful experience I have had with this course. I initially took this course to solely to help me out with my upcoming Master's program, but I am happily surprised to see how the subject has aided me in my personal financial life as well. I feel like I have a really good base knowledge of finance that can be branched out into other areas. I never thought I'd say this before, but I actually enjoy finance and would like to learn even more.
You are an amazing instructor. The course materials were well presented and easy to follow. I would definitely recommend this course to my boss and peers. I hope I have the honor of taking another one of your classes in the coming year!
I am now able to relate much more business acumen than ever before. This course has improved my perspective immensely and I am retaining a great deal of it. I subscribed to a free podcast through iTunes and listen while I work. Repetition creates familiarity and it really overlaps with what I'm picking up in this class. I'm building a real foundation for my future and this course will undoubtedly prove invaluable.
Course Code: bfn
In this first lesson, you will learn the difference between financial knowledge and business acumen in a way that is easy to understand. You will be introduced to a few basic financial strategies and explore what business finance can do for you, your company, and your personal finances. Then you will discover how finances flow thorough the business and begin to master basic financial terminology.
In this lesson, you will learn what ROI refers to and what a Sales Forecast is and why it is important. You will gain and understanding of financial forces, which provide a foundation for developing financial strategies and driving profit. Then you will learn to make sense of financial statements.
This lesson will allow you to gain a broader understanding of the Income Statement. You will examine a hypothetical company’s statement to learn what the numbers mean. You will also learn what is recorded on the Income Statement and how to analyze it using financial ratios. Then you will explore what information is included in the Balance Sheet, how it differs from the other financial statements, and how to analyze it using financial ratios.
This lesson will review the Statement of Cash Flows. You will see how financial personnel use this statement. You will get an insider’s look into how executives develop another component of a company’s financial filings---the Management’s Discussion & Analysis (MD&A). You will gain valuable insights into how you can understand the “story behind the numbers” for any company.
In this lesson, you are going to put all of the financial knowledge you have gained to work as you consider some strategies for improving a hypothetical business. You will explore how executives bring their financial knowledge in line with business needs to make solid business decisions. Then you will tackle a key issue in business: cost cutting. You will discover how to use your new knowledge of financial reporting and your business acumen skills to develop strategies that have a positive impact on a company’s bottom line.
In this last lesson, you will use the decision-making process to examine the inventory situation at a hypothetical business and develop strategies to increase supply and production efficiencies. Then you will discover how to complete an overall strategic analysis of an organization. You will learn about an analytical process called SWOT (Strength, Weaknesses, Opportunities, and Threats) to develop strategies to move your business and personal financial life in a positive direction.
Matt Crabtree, CFP ®, earned his Bachelor of Science in Business, Information Systems Management, in 1999, a mini MBA certificate from The School of Management at Yale University in 2004, a certificate in Financial Planning from Pepperdine University's Graziadio School of Business in 2012 and has received the financial industry's most rigorous and prestigious professional designation of Certified Financial Planner ™. After many years in project management, office management, and business sales, Matt began training individuals and organizations in areas of business finance, leadership development, successful negotiations, sales management, and customer service excellence. Matt has trained individuals and various units within the U.S. Department of Defense, as well as corporate organizations including IBM (technology), Accuray (healthcare-technology), and Gen-Probe (molecular diagnostics). Matt is registered as a securities broker with the Financial Authority Regulation Authority (FINRA) and with the U.S. stock exchanges (NYSE and NASDAQ) and as an investment advisor with FINRA. Matt's natural aptitude for explaining his material in an easy-to-understand and enjoyable manner allows each student to gain insights into areas that are often considered challenging.
There are no prerequisites for this course.
A new session of each course opens each month, allowing you to enroll whenever your busy schedule permits!
Once a session starts, two lessons will be released each week, for the six-week duration of your course. You will have access to all previously released lessons until the course ends.
Keep in mind that the interactive discussion area for each lesson automatically closes 2 weeks after each lesson is released, so you’re encouraged to complete each lesson within two weeks of its release.
The Final Exam will be released on the same day as the last lesson. Once the Final Exam has been released, you will have 2 weeks plus 10 days to complete the Final and finish any remaining lessons in your course. No further extensions can be provided beyond these 10 days.