Certificate in Finance Essentials

MIND2900 - Certificate in Finance Essentials

Learning Path | Continuing Education Units | Estimated 19-Hour Workload

In Collaboration with Mindedge Logo
Price reduced from $399.00 to $399.00
How To Enroll?
  • feature icon Professional Development
  • feature icon All Level
  • feature icon Continuing Education Units
  • feature icon Estimated 19-Hour Workload
  • feature icon Self-Paced
  • feature icon Accessible for One Year

Description

This online certificate program introduces non-financial managers to the essentials of finance. The courses will help you become conversant in critical financial terminology, and you'll learn how to calculate key financial management indicators. You will learn how to assess your organization's financial health by reviewing balance sheets, income statements, and statements of cash flow, and you will discover how finance and accounting tools can be used to support informed decision making within organizations.

Continuing Education Units and Credits

IACET CEUs: 1.9 | HRCI Credits: 19 | PMI PDUs: 19 | SHRM PDCs: 19

Upon successful completion, learners can download MindEdge continuing education certificates from the classroom. Learners must achieve an average test score of at least 70% to meet the minimum successful completion requirement and qualify to receive IACET CEUs. Learners will have three attempts at all graded assessments.

What You Will Learn

  • Identify the documents and financial statements included in an organization's financial report.
  • Interpret the information in the income statement, balance sheet, statement of changes in shareholders' equity, and statement of cash flows.
  • Correctly state the impact of specific business activities on cash flow.
  • Define financial ratio analysis.
  • Perform calculations using financial ratios.
  • Identify and differentiate the three most common types of business organizations and the structure of each.
  • State the fundamental objectives of a corporation and the differences between wealth and profit maximization.
  • Identify and describe the structure and functions of the finance department within an organization.
  • Define strategies for overcoming conflicts of interest.
  • Identify the sources, rules, and life-cycle stages of corporate financing.
  • Describe the function of the stock market and the three trading venues it utilizes.
  • Differentiate between descriptive and inferential statistics.
  • Distinguish between the four different scales of measurement: nominal, ordinal, interval, and ratio.
  • Explore financial data analysis methods and uses.
  • Understand cost benefit analysis, return on investment, and fixed vs. variable costs.

Eligibility

  • Must be 18 or older

Refund Policy

You will have seven days to request a full refund after purchase. No hidden fees. All books and materials are included with purchase.

Curriculum

  • How to Read a Financial Statement

    Financial statements can look intimidating and, as a non-financial manager, you may feel like ascertaining the right conclusion from a financial statement is like finding a needle in a haystack. This course covers financial reports and their meaning. You will learn the fundamentals and importance of the income statement, balance sheet, and statement of cash flows, and how they can be used to manage a business. You will also be exposed to financial (ratio) analysis.

  • Introduction to Finance

    Understanding basic finance is important for any managerial position, even non-financial managers. This introductory-level course starts at the beginning, discussing finance as an organizational setting and legal forms of business. The course continues on to cover the responsibilities of financial managers, roles of finance in a typical business organization, and relevant financial markets of interest to financial managers. Further, the course will discuss corporate financing and the role the stock market plays in the business world.

  • Introduction to Business Statistics

    Statistics is the science of collecting, organizing, and analyzing data in order to make more effective decisions. As such, statistics is critical to a successful business. This introductory-level course is meant for non-financial managers. Understanding statistical techniques can help any manager responsible for marketing, management, accounting, sales, or other business functions. This course will also cover graphical representations of data that your stakeholders may expect when reviewing the results of any statistical analysis.

  • Financial Planning and Control

    Decision-making within an organization often hinges on the numbers. So what financial tools do managers need to be familiar with to make sound, defensible decisions? This introductory-level course is meant to teach finance concepts to non-financial managers, and considers tools for decision-making such as cost benefit analysis, break even analysis, and Balanced Scorecard. The course also teaches the basic finance concepts such as return on investment (ROI), fixed and variable costs, and payback period.

  • Time Value of Money and Risk

    Is a dollar more valuable today or tomorrow? What about a year from now? This introductory-level course covers time value of money (TVM) principles and risk and return. You will review the basic TVM techniques used in evaluating all financial decisions and their cash flow implications. For Risk and Return, you will learn how risk influences investment decisions, and how to calculate risk and rates of return. Further, you will explore the benefits of diversification and the use of the portfolio concept in investing.

  • Understanding and Managing Budgets

    A budget is a detail of expenses and incomes for a set period of time. This introductory-level course covers budgets and how they are used in organizational settings including the uses and functions of master budgets, operating budgets, sales, production and cost of goods sold budgets, and cash budgets. You will also learn about the budgeting process, and how organizations are using different budgeting techniques to overcome operating challenges.

Features

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Ask an Expert

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Interactive Content

Interactive Content

Learn through games, flashcards, and other engaging content

Real-World Case Studies

Real-World Case Studies

Learn knowledge and best practices through relevant scenarios

Awards

Professional Certificate

Professional Certificate in Finance Essentials

Price reduced from $399.00 to $399.00
How To Enroll?
  • feature icon Professional Development
  • feature icon All Level
  • feature icon Continuing Education Units
  • feature icon Estimated 19-Hour Workload
  • feature icon Self-Paced
  • feature icon Accessible for One Year

How to enroll?

  • 1Add course to cart
  • 2Create your account
  • 3Register for course
  • 4Make payment and submit application
  • 5Start learning
-or-
email [email protected] for additional assistance

Who is this for

  • Non-financial professionals interested in the basics of finance

Things To Know About Walden's Partnership With MindEdge

Founded by Harvard and MIT educators in 1998, MindEdge is a leading online training provider that has served more than three 3 million learners. Walden University’s School of Lifelong Learning is partnering with MindEdge to offer courses in high-demand, focused areas to help learners upskill.

Courses offered in partnership with MindEdge are designed by subject matter experts in the field and reviewed by Walden’s faculty experts to ensure content meets our educational standards and bridges critical skills gaps.

Courses are designed by subject matter experts in the field and reviewed by Walden’s faculty experts to ensure content meets our educational standards and bridges critical skills gaps. After purchasing a course, learners will access the course content in the Walden learning environment and will be supported by MindEdge’s experts and Walden’s staff. You can always contact [email protected] for additional assistance.

You will earn a certificate of completion in your classroom after completion of each course’s required criteria. Most courses offer continuing education units (e.g., CEU, PDU, SHRM, HRCI, CFRE, ISC2). Once you have successfully completed and passed your course, you will have access to the continuing education certificate(s) offered.

You will have seven calendar days to request a full refund after your date of purchase. There are no hidden fees, and all books and materials are included with purchase. If you have any questions or would like to request a refund, contact us at [email protected].