Enroll Course: https://www.coursera.org/learn/finance-healthcare-managers
Are you a manager or professional seeking to deepen your understanding of financial principles without prior financial training? The Coursera course ‘Financial Acumen for Non-Financial Managers,’ designed by Professors Rick Lambert and Chris Ittner from the Wharton School, offers a comprehensive and practical approach to mastering financial concepts essential for making informed business decisions. This course bridges the gap between financial statements and real-world business performance, enabling non-financial managers to interpret data effectively, evaluate financial health, and forecast future scenarios.
The course is divided into four detailed modules, starting with an introduction to balance sheets and income statements. You’ll learn how to analyze assets, liabilities, and shareholders’ equity, and craft accurate financial statements. The next module dives into cash flow statements, teaching you to classify activities and utilize both direct and indirect methods to assess cash movements.
In the third module, you’ll explore financial statement analysis through ratio and profitability analysis, including key indicators like ROE, EPS, and the DuPont model. This portion helps you gauge organizational risk and assess financial performance precisely. The final module emphasizes linking non-financial metrics to financial outcomes. You’ll discover how to identify key non-financial measures, use predictive analytics, and set targets to optimize overall financial performance.
Using real-world examples and practical frameworks, this course equips you with the tools to interpret financial data confidently and make strategic decisions that drive business success. Whether you’re looking to enhance your managerial skills or broaden your understanding of finance, this course provides valuable insights that are applicable across industries.
I highly recommend this course to managers, entrepreneurs, and professionals who want to improve their financial literacy and unlock the story behind the numbers. Enroll today to empower your decision-making and contribute more effectively to your organization’s financial health!
Enroll Course: https://www.coursera.org/learn/finance-healthcare-managers