Course

Course Summary
Credit Type:
Course
ACE ID:
JWMI-0004
Organization's ID:
JWI002
Organization:
Jack Welch Management Institute (JWMI)
Location:
Classroom-based
Length:
6 weeks (36 hours)
Dates Offered:
Credit Recommendation & Competencies
Level Credits (SH) Subject
Lower-Division Baccalaureate 2 Introduction to Finance
Description

Objective:

The course objective is to provide non-financial managers an introduction and comprehensive overview for financial management. Students will learn how to create financial accounting statements, conduct an analysis of the reports, and make conclusions about the financial condition of an organization. The course also focuses on the use of financial concepts and analytical techniques to provide information for managerial decision-making in organizations.

Learning Outcomes:

  • Analyze how business transactions are recorded in the financial records of an organization
  • Identify the accounting principles used to create the income statement, balance sheet, and statement of cash flows
  • Identify the common forms of ration analysis performed with financial statements in order to evaluate the financial condition of an organization
  • Apply key techniques and concepts in measuring the cost of producing goods and services
  • Determine how capital budgeting is used in long-term financial decisions

General Topics:

  • Revenue recognition and the income statement
  • The balance sheet
  • The statement of cash flows
  • Financial reporting analysis
  • Cost analysis and management
  • Discounting cash flows and capital budgeting
Instruction & Assessment

Instructional Strategies:

  • Audio Visual Materials
  • Discussion
  • Lectures

Methods of Assessment:

  • Case Studies
  • Written Papers

Minimum Passing Score:

70%
Supplemental Materials