Full course description
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.
Learning Outcomes:
- Explain cost benefit analysis
- Calculate return on investment and the payback period
- Explain fixed and variable costs
- Calculate break even and understand CVP (cost-volume-profit) analysis
- Explain tracking and performance measures
- Explain and calculate Balanced Scorecard measures
Credentials:
PMI PDUs: 3Strategic & Business Management PDUs: 1.5Technical PM PDUs: 1.5IACET CEUs: .3 (Contact Hours: 3 hours)HRCI Credits: 3 (Type: Specified - Strategic Business)SHRM PDCs: 3