Duration
4 weeksWeekly study
4 hours100% online
How it works
Financial Analysis for Business Decisions: Introduction to Data Analysis Tools and Capital Projects
Use financial analysis tools for data-driven decision making
Data has always been fundamental to the discipline of finance. In recent years, however, we have seen a greater drive towards data-driven decision making in all sectors.
Financial analysis is central to this, helping organisations to understand the costs, risks, and benefits of different methods. There is an increased expectation, therefore, that finance professionals or managers with financial responsibility will possess fundamental data analysis skills.
On this four-week financial management course, you’ll begin to learn about financial analysis tools for data-driven decision making.
You’ll be introduced to key data analysis tools that can help you to support data-driven decision making. You’ll also explore capital projects, and understand the role that financial analysis can play in these.
Build finance skills to support decision making
You’ll learn about fundamental data analysis tools, such as regression and sensitivity analysis. You’ll explore these data analysis tools, and discover how to evaluate which are best for decision making in different contexts.
These business fundamentals will be beneficial to both finance professionals and general managers looking to strengthen their finance skills.
Discover the importance of financial analysis
Financial analysis is particularly key to making good business decisions in relation to these large, expensive projects. You’ll also explore capital projects, discovering what these are and their relevance to organisations. By developing your finance skills on this course, you’ll be able to contribute to successful capital projects at your organisation.
Syllabus
Week 1
Introduction to the course and financial data analysis
Welcome to the course
You'll be introduced to the fundamentals of financial analysis as well as the course and assessment, in general.
Introduction to financial analysis
In this week you will be introduced to the fundamentals of financial analysis, and how it can be used to make data informed decisions.
Wrap-up
To complete the week, test your knowledge of this week's content and recap the learning outcomes for the week.
Week 2
Financial analysis tools
Introduction
Overview of learning outcomes for the week.
Regression analysis
Regression analysis and the types of linear regression are major statistical methods adopted by experts to make certain conclusions. Learn how to complete an analysis using a regression formula in Excel.
Sensitivity analysis
What will a certain change in variable do to the other variable, while establishing a relationship of financial analysis with risk management? Explore that with learning the why and how of performing a sensitivity analysis.
What-if analysis
You will get an insight into the variation of sensitivity analysis in the form of what-if analysis, and learn about a simulation method of analysis.
Wrap-up
Well done! You’ve now completed Week 2. Here is a wrap-up of what you learned.
Week 3
Tools for evaluating projects
Introduction
You will be introduced to capital budgeting; specifically, ways to evaluate a capital budgeting project and decide whether to undertake the project or not.
Time value of money
What makes a decision a capital budgeting decision and why is it important? You will learn concepts associated with the time value of money, and how it relates to the capital budgeting process.
Tools for project evaluation
What are the main tools used in corporations in making project valuation decisions? Learn the various tools and understand the connection between each of the tools.
Wrap-up
Congratulations! You’ve now completed Week 3. Here is a wrap-up of what you learned.
Week 4
Tools for decision-making
Introduction
You will be introduced to the advantages and disadvantages of the tools used for capital budget projects, followed by learning about Modified internal rate of return (MIRR).
The best approach
Now you will evaluate which of the tools is the best for decision-making.
MIRR
Modified internal rate of return (MIRR) is an extremely useful tool that essentially overcomes the drawback of the other methods. Calculating MIRR solves most of the issues with IRR, as covered in the previously week.
Wrap-up
Congratulations! You’ve now completed the course!
When would you like to start?
Start straight away and join a global classroom of learners. If the course hasn’t started yet you’ll see the future date listed below.
Available now
Learning on this course
On every step of the course you can meet other learners, share your ideas and join in with active discussions in the comments.
What will you achieve?
By the end of the course, you‘ll be able to...
- Apply common financial data analysis tools such as regression and sensitivity analysis/what if to inform business decision making
- Describe what a capital project is and its relevance to an organisation
- Explain the five basic tools to evaluate the project
- Evaluate which of the tools are best for decision making
Who is the course for?
This course is for those who want to support data-driven decision making based on financial analysis. You could be a finance professional seeking career advancement or better communication skills, or a manager looking to strengthen key finance skills.
Build on what you learn during this course with these courses, from the same provider:
What software or tools do you need?
During the course we’ll be using Tableau Public and Excel. If you don’t have Excel, you might find this online version useful.
We recommend you use a computer to access this course.
Who will you learn with?
Commercially focused Finance Director / CFO with experience working with fast growth online SMEs in different sectors, including two successful exits (Amazon acquisition & Funding Circle’s IPO)
Ways to learn | Buy this course | Subscribe & save | Limited access |
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Choose the best way to learn for you! | $109/one-off payment | $244.99 for a whole year Automatically renews | Free |
Fulfill your current learning need | Develop skills to further your career | Sample the course materials | |
Access to this course | tick | tick | Access expires 15 Feb 2025 |
Access to 1,000+ courses | cross | tick | cross |
Learn at your own pace | tick | tick | cross |
Discuss your learning in comments | tick | tick | tick |
Tests to check your learning | tick | tick | cross |
Certificate when you're eligible | Printed and digital | Digital only | cross |
Cancel for free anytime |
Ways to learn
Choose the best way to learn for you!
Subscribe & save
$244.99 for a whole year
Automatically renews
Develop skills to further your career
- Access to this course
- Access to 1,000+ courses
- Learn at your own pace
- Discuss your learning in comments
- Tests to boost your learning
- Digital certificate when you're eligible
Cancel for free anytime
Buy this course
$109/one-off payment
Fulfill your current learning need
- Access to this course
- Learn at your own pace
- Discuss your learning in comments
- Tests to boost your learning
- Printed and digital certificate when you’re eligible
Limited access
Free
Sample the course materials
- Access expires 15 Feb 2025
Find out more about certificates, Unlimited or buying a course (Upgrades) Sale price available until 3 March 2025 at 23:59 (UTC). T&Cs apply. |
Find out more about certificates, Unlimited or buying a course (Upgrades)
Sale price available until 3 March 2025 at 23:59 (UTC). T&Cs apply.
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