Introduction to Finance for the Professional

This course provides a thorough study of arguably the most important principle in Finance: The Time Value of Money. A grasp of it will allow the professional to evaluate the attractiveness of new projects/businesses, as well as make sound investment decisions (either personal or corporate). Though we will cover the theoretical aspects, the focus will be on practical examples. Reusable spreadsheets will be distributed.

No sessions currently available. Contact client services to get the next available date.
CPE CREDITS
7.0
Operations managers, project managers, program managers, department heads and anyone wishing to develop a basic understanding of finance.
No advance preparation required.
Students will be able to:
  • Determine how much money to put aside for a future obligation (ex: college tuition for children)
  • Find out the fair value of an asset today (ex: price of house with future mortgage payments outstanding)
  • Decide if it makes sense to start a new business or not based on start-up costs and future cash flow projections
  • Evaluate the attractiveness of buying an annuity for retirement
  • Discover if the market price of a stock (common and preferred) is fair, undervalued or overvalued
A basic understanding of business
Time Value of Money: Single Sums (present value, future value)
  • Learn the technique
  • Study examples: saving for college tuition, etc.

Time Value of Money: Annuities and Annuities Due (present value, future value)

  • Learn the technique
  • Study examples: buy annuity for retirement, etc.

Time Value of Money: Perpetuities (present value)

  • Learn the technique
  • Study examples: fair value of common and preferred stock, etc.

Time Value of Money: Uneven Cash Flows (present value, future value)

  • Learn the technique
  • Study examples: investing in a new business, etc.

Clients who register for this course will receive a complimentary 4-month subscription to FT.com. The Financial Times is the world's most respected financial newspaper, providing a broad assessment on finance, business and the industrial sector. The move to the electronic version follows an ongoing review of our environmental responsibilities as a global business and as part of the Pearson group. FT.com also has features that are not available in hard copy, such as: Special Reports, Alphaville, editor blogs, education sections and much more! Subscriptions will start within 6-8 weeks of the start of class and are limited to one subscription per client. (Please note: as of May 1, 2011, the electronic subscription replaces the hard-copy 3-month Financial Times subscription.)

Lunch is included for all students taking day classes.