What you will learn in Fundamentals of Finance Course
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Financial Statements: Understand the components of financial statements and how they reflect a company’s financial health.
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Profitability, Productivity, and Cash Flow: Learn to evaluate labor as a component of productivity and monitor cash flow as a key component of maintaining business operations.
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Forecasting and Financing: Explore various sources of funding for businesses and the information required to obtain funding, along with how to forecast and develop solid banking relationships.
Program Overview
Financial Statements
⏳ 2 hours
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Learn about the components of financial statements and how they can help drive business success.
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Understand how financial statements are created and where assets, liabilities, equity, revenues, and expenses are generated as part of a business operation.
Profitability, Productivity, and Cash Flow
⏳ 2 hours
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Understand how to become profitable using financial information and how to evaluate labor as a component of productivity.
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Learn about the importance of cash flow and how to monitor and control cash flow as a key component of maintaining the business.
Forecasting and Financing
⏳ 2 hours
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Learn the various sources of funding for businesses and the information required to obtain funding.
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Understand how to forecast and develop solid banking relationships through effective communication and maintenance of good records and documentation.
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Job Outlook
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Proficiency in finance fundamentals is valuable for roles such as Financial Analyst, Business Analyst, Operations Manager, and Entrepreneur.
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Skills acquired in this course are applicable across various industries, including finance, healthcare, technology, and retail.
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Completing this course can enhance your qualifications for positions that require a solid understanding of financial principles and practices.
Specification: Fundamentals of Finance Course
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FAQs
- The course is designed for beginners with no prior finance background.
- Basic math and understanding of business concepts help but are not mandatory.
- Step-by-step explanations make topics like investments, interest, and financial statements easy to grasp.
- Exercises and practical examples reinforce foundational finance knowledge.
- Teaches budgeting, savings, and understanding interest rates.
- Explains fundamentals of investing and evaluating financial risks.
- Helps learners make informed personal financial decisions.
- Provides practical frameworks for planning and managing finances effectively.
- Uses basic arithmetic, percentages, and simple formulas.
- Emphasizes understanding concepts rather than complex financial modeling.
- High school-level math is sufficient for most modules.
- Examples and exercises illustrate calculations in real-world contexts.
- Provides essential knowledge for finance, accounting, and business roles.
- Strengthens analytical and decision-making skills for professional settings.
- Useful as a foundation for advanced finance courses or certifications.
- Completing the course alongside practical projects can improve employability.
- No specialized finance software is required.
- Basic use of spreadsheets (Excel or Google Sheets) may help with exercises.
- Focus is on conceptual understanding, not software proficiency.
- Learners can apply concepts in real-life scenarios without additional tools.
