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Certificate of Achievement
has completed the following course:
The Digital Economy: Finance for Business Growth
Every business needs cash to grow and develop. Some businesses are able to find enough cash from their own operations to take advantage of growth opportunities. Others might need to use external sources of finance, like a bank loan. How does a business make robust decisions about borrowing?
4 weeks, 3 hours per week
Dave Hall
University Secretary
The Open University
Transcript
Learning outcomes
- Assess borrowing requirements and develop a strategy for your business finance needs
- Assess the risks, benefits and drawbacks of different types of debt
- Assess and critique finance available to your business, both traditional and newer sources, such as crowd funding
- Evaluate funding opportunities for business growth and development
- Apply and consider the role of traditional sources of finance, i.e. debt and equity, as well as alternative finance options, such as crowdfunding and peer-to-peer lending
- Record and learn to use financial statements to assess the financial health of a business
- Collect and learn to use a cash flow forecast to help you make decisions about managing business cash
- Investigate and find out how you can develop a funding strategy and make the right decision about the type of borrowing for your business
Syllabus
- Assess the role of cash management in business and the relationship between cash management and business performance
- Consider the benefits and drawbacks of different sources of finance
- Understand the relevance of liquidity and solvency when managing a business
- Evaluate the role of cash flow forecasting and assess future cash requirements
- Understand the risks, benefits and drawbacks of different types of funding
- Decide on a suitable type of funding and assess risk-return issues
- Assess how and why alternative finance activities, such as crowdfunding, have evolved
- Assess the benefits and risks of alternative finance for business borrowers
- Evaluate the use of equity funding, both private and public equity issues
- Assess the role of private equity, and the benefits offered by different types of private equity for funding business growth
- Explore behavioural finance issues in investment decision-making
Issued on 11th July 2017
The person named on this certificate has completed the activities in the transcript above. For more information about Certificates of Achievement and the effort required to become eligible, visit futurelearn.com/proof-of-learning/certificate-of-achievement.
This certificate represents proof of learning. It is not a formal qualification, degree, or part of a degree.