IIM Bangalore - Accounting and Finance

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Accounting and Finance
at
edX
Overview

Develop financial acumen to manage your business successfully

Duration	11 weeks
Start from	Start Now
Total fee	₹12,550
Mode of learning	Online
Difficulty level	Intermediate
Official Website	Go to Website
Credential	Certificate

Accounting and Finance
at
edX
Highlights

Earn a certificate from IIMBx
Learn from industry experts

Accounting and Finance
at
edX
Course details

Skills you will learn

Financial Management Budgeting Taxation Financial Markets Marketing Capital Budgeting Capital management Accounting Working capital

Who should do this course?

For individuals who want to enhance their knowledge & skills in the field

What are the course deliverables?

Financial statement analysis
Cost management
Financial Management

More about this course

This business course helps you to read and understand financial statements to evaluate how business performance is affected by four fundamental drivers of profitability viz asset management, cost management, leverage management and tax management
It will also help you to identify areas for improvement
The second part of this finance course deals with managing costs
You will learn how to prepare cost sheets, budget and make cost-based decisions
The third part of the course provides an overview of financial markets to raise capital of different types
You will develop the ability to prepare and evaluate finances for your business plan and manage working capital
The overall objective of the course is to build financial acumen to make you a successful entrepreneur or manager

Accounting and Finance
at
edX
Curriculum

Week 1: Mechanics of Financial Accounting

Introduction to financial accounting

Generally Accepted Accounting Principles

Fundamental accounting equation

Recording of financial transactions and preparation of accounting statements through accounting equation

Week 2: Reading Financial Statements

Reading and understanding balance sheet

Income statement and cash flow statement Familiarizing all accounting terms that normally appear in financial statements

Week 3: Financial Statement Analysis

Ratio analysis

Understanding relationship between four profitability drivers

Assessing financial health through credit scoring model

Week 4: Product Costing

Preparation of Cost Sheet in manufacturing and service industry

Job and process costing, Activity-based costing

Week 5: Cost Analysis for Decision Making

Behaviour of costs

Break-even analysis

Relevant costing approach for different decision making scenarios

Week 6: Budgeting and variance analysis

Preparation of operational and financial budgets

Comparing actual performance against budgets

Price and quantity variance

Controllable and non-controllable variance

Revenue and contribution variances

Week 7: Financial Markets

Sources of finance

Angel funding

Venture Capita

Private Equity

Term Loan

Working capital financing and public equity

Week 8: Capital Budgeting

Preparing project cash flow statement

Measuring cost of capital and evaluating projects (NPV, IRR, Payback period)

Week 9: Working Capital Management

Working capital cycle

Managing inventory

Receivables and cash

Week 10: Course Review

Ten important things that you need to remember in Finance

Accounting and Finance
at
edX
Faculty details

MS Narasimhan

Professor MS Narasimhan teaches courses on Management Accounting, Financial Accounting, Corporate Finance and Investments. His areas of interest include Management Accounting, Corporate Finance and Capital Markets. He is a member of the Institute of Cost and Works Accountants of India. He has also completed a study on Corporate Disclosure Practices in India, sponsored under the FIRE project. He has published several articles and research studies in national and international journals and financial newspapers.