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Financial Objectives and Funding Options

Financial objectives shape an organisation’s decisions. Appropriate sources of finance are determined by type, timings and goals. 

  • Duration

    2 weeks

  • Weekly study

    0 hours
Overview
Requirements

Explore how sources of finance are shaped by an organisation’s type and goals

In this course you will have the opportunity to examine financial objectives in order to understand their impact on decision making within organisations. By critiquing budget setting approaches used by organisations, you can explore their implications.

Identifying an organisation’s funding gap enables you to classify the sources of finance available to them. This means the suitability of funding options can be explored dependent on the organisational type, timescales and aspirations.

What topics will you cover?

  • The financial operating environment  
  • The purpose and relevance of ratios  
  • Calculating profitability ratios   
  • Liquidity ratios   
  • Efficiency ratios   
  • The Balanced Scorecard   
  • Financing the organisation   
  • Identifying a funding gap   
  • Sources of finance 
  • The suitability of funding options 
  • Measuring returns   

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...

  • Identify the purpose and relevance of ratios  
  • Calculate profitability ratios  
  • Understand liquidity ratios 
  • Explain efficiency ratios   
  • Identify other measures  
  • Identify a funding gap  
  • Evaluate sources of finance  
  • Evaluate the suitability of funding options   
  • Understand how to measure returns 

Who is the course for?

This course is applicable across a variety of roles, sectors and geographies, including junior and middle managers, either with a degree in a non-business-related discipline or without a degree. It is also applicable for entrepreneurs who want to be equipped with a range of skills to run their business.

It is suitable for those who want to progress in their careers, either within their existing workplace or to pursue opportunities outside of their employer, and those who want to learn, exchange ideas and be informed in order to perform better at work.

Please note that the individuals detailed in the ‘Who will you learn with?’ section below, are current staff members and may be subject to change.

Who developed the course?

Coventry University

Coventry secured 5 QS Stars for Teaching and Online Learning in the QS World University Ranking 2020 and has received No. 1 in the world for Massive Open Online Courses in MoocLab’s World University Ranking 2021.

  • Established

    1992

  • Location

    Coventry

Learning on FutureLearn

Your learning, your rules

  • Courses are split into weeks, activities, and steps to help you keep track of your learning
  • Learn through a mix of bite-sized videos, long- and short-form articles, audio, and practical activities
  • Stay motivated by using the Progress page to keep track of your step completion and assessment scores

Join a global classroom

  • Experience the power of social learning, and get inspired by an international network of learners
  • Share ideas with your peers and course educators on every step of the course
  • Join the conversation by reading, @ing, liking, bookmarking, and replying to comments from others

Map your progress

  • As you work through the course, use notifications and the Progress page to guide your learning
  • Whenever you’re ready, mark each step as complete, you’re in control

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