Free online courseFinancial management for managers

Course Description

The course "Financial Management for Managers" is a comprehensive program designed to equip managers with essential knowledge and skills in corporate finances. Spanning a total duration of 37 hours and 30 minutes, this extensive course is positioned within the Business Administration category, with a focus on Corporate Finances. Although this course has yet to receive any reviews, its structured approach and expert content make it a valuable resource for managers aiming to strengthen their financial acumen.

The course begins with a series of lectures on the fundamentals of financial management, which lay the groundwork for understanding financial systems, principles, and strategies. This foundational phase ensures that all participants, regardless of their prior financial knowledge, are well-prepared to engage with more complex concepts.

Building on this foundation, the course delves into financial planning and forecasting. These lectures break down the processes involved in creating accurate financial plans and forecasts, essential for long-term business strategy and sustainability. The emphasis is on practical applications, allowing managers to apply these forecasting techniques in real-world scenarios.

Understanding the time value of money is crucial for making informed financial decisions. This section of the course explores the concepts of present and future value, discounted cash flows, and the importance of time in financial calculations. These lessons are critical for managers when evaluating investment opportunities and financial performance.

The course then transitions to capital budgeting, offering an in-depth exploration over multiple lectures. Participants learn to evaluate potential investments and projects, using capital budgeting techniques to make decisions that maximize shareholder value. Detailed discussions on various methods of project evaluation, cash flow estimation, and risk assessment are included to provide a holistic view of capital budgeting.

Risk analysis in capital budgeting is another pivotal topic covered in this course. Managers are guided through the identification, assessment, and management of risks associated with investment projects. This section equips participants with the tools they need to navigate uncertainty and make more robust financial decisions.

The cost of capital is meticulously unpacked across several lectures. Understanding the cost of capital is essential for evaluating investments and financing decisions. The course explains how to calculate and interpret the cost of different sources of capital, ultimately guiding managers in optimizing their company's capital structure.

The latter part of the course explores dividend decisions, providing insights into the policies and strategies behind dividend distributions. This section helps managers understand the implications of dividend decisions on shareholder value and company finances.

Overall, the "Financial Management for Managers" course is an invaluable asset for managers seeking to enhance their financial management skills, providing them with the knowledge and tools needed to make informed and strategic financial decisions within their organizations.