When it comes to numbers, there is always more than meets the eye. In operational finance, you will learn how to read the “story” that the balance sheet and income statement tells about the company’s operations. The insights you gain from this “financial story” will then become a tool for short-term decision-making at the top management level relating to current assets, current liabilities and the management of working capital. Finally, by the end of the course you will understand the financial consequences of managerial decisions on operations, marketing, etc.
ofrecido por
IESE Business SchoolAcerca de este Curso
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Resultados profesionales del estudiante
50%
comenzó una nueva carrera después de completar estos cursos
33%
consiguió un beneficio tangible en su carrera profesional gracias a este curso
20%
consiguió un aumento de sueldo o ascenso
Certificado para compartir
Obtén un certificado al finalizar
100 % en línea
Comienza de inmediato y aprende a tu propio ritmo.
Fechas límite flexibles
Restablece las fechas límite en función de tus horarios.
Aprox. 14 horas para completar
Inglés (English)
Subtítulos: Inglés (English), Árabe (Arabic)
Habilidades que obtendrás
Dupont AnalysisManagement AccountingBusiness AnalysisFinance
Resultados profesionales del estudiante
50%
comenzó una nueva carrera después de completar estos cursos
33%
consiguió un beneficio tangible en su carrera profesional gracias a este curso
20%
consiguió un aumento de sueldo o ascenso
Certificado para compartir
Obtén un certificado al finalizar
100 % en línea
Comienza de inmediato y aprende a tu propio ritmo.
Fechas límite flexibles
Restablece las fechas límite en función de tus horarios.
Aprox. 14 horas para completar
Inglés (English)
Subtítulos: Inglés (English), Árabe (Arabic)
ofrecido por
IESE Business School
For over fifty years, IESE, the graduate business school of the University of Navarra, has been at the forefront of management education, developing and inspiring business leaders who strive to make a deep, positive and lasting impact on the people, companies and society they serve.
Programa - Qué aprenderás en este curso
4 horas para completar
Course Overview & Week 1
Welcome to Operational Finance: Finance for Managers. In this course you will learn the basics of operational finance to help you make sound financial decision or to run a robust business! Before you get started with this week's video content, please have a look at the course syllabus. In this first week, we'll discuss what operational finance is all about by looking at a business case. What do the numbers on the Balance Sheet and P&L Statement tell us about its performance and future prospects? If you were a bank, would you approve a half million euro loan for this business? Why or why not? Course objective: To get an overview of operational finance and the types of analyses necessary to develop solid financing decisions.
4 horas para completar
16 videos (Total 82 minutos), 6 lecturas, 1 cuestionario
16 videos
1.- Operational Finance: Course Outline1m
2.- Introduction: Operational Finance2m
3.- Polypanel Case: What to do?7m
4.- Polypanel Case: What to do? (continued)5m
5.- Business Analysis Part 1: Sales7m
6.- Business Analysis Part 1: Sales, (continued)3m
7.- Business Analysis Part 2: Strategy and Management5m
8.- P&L Analysis Part 1: Sales and Gross Margin6m
9.- P&L Analysis Part 1: Sales and Gross Margin, (continued)3m
10.- P&L Analysis Part 2: OPEX, EBITDA and Financial Results6m
11.- P&L Analysis Part 2: OPEX, EBITDA and Financial Results, (continued)2m
12.- What is a Balance Sheet?7m
13.- Polypanel's Balance Sheet8m
14.- Polypanel's Balance Sheet, (continued)7m
15.- Brief Recap3m
6 lecturas
Course Overview & Syllabus10m
About Week 110m
Required Reading Week 11h 20m
Optional Reading10m
Financial Terms & Definitions10m
Quiz Week 1 Solutions & Explanations10m
1 ejercicio de práctica
Quiz 130m
3 horas para completar
Week 2: Operational Ratios and Forecasting
In week 1, we looked at Polypanel’s Balance Sheet and P&L Statement. In the Balance Sheet, we noted that receivables increased from €188,000 in 2004 to €649,000 in 2007. We left off with the question: Is this difference due to an increase in sales or delays in payments from customers?
3 horas para completar
14 videos (Total 72 minutos), 4 lecturas, 1 cuestionario
14 videos
2.- Recap from Week 1, (continued)6m
3.- Operational Ratios: Days of Collection5m
4.- Operational Ratios: Days of Collection, (continued)3m
5.- Operational Ratios: Days of Inventory3m
6.- Operational Ratios: Days of Inventory, (continued)4m
7.- Operational Ratios: Days of Payment6m
8.- Operational Ratios: Days of Payment, (continued)4m
9.- Forecast of the P&L7m
10.- Forecast of the Balance Sheet (Theory)5m
11.- Forecast of the Balance Sheet (Theory), (continued)5m
12.- Forecast of the Balance Sheet (Polypanel)6m
13.- Forecast of the Balance Sheet (Polypanel), (continued)3m
14.- Brief Recap3m
4 lecturas
About Week 210m
Required Reading Week 230m
Optional Reading10m
Quiz Week 2 Solutions & Explanations10m
1 ejercicio de práctica
Quiz 230m
3 horas para completar
Week 3: Diagnosis and Action Plan
By now you have a pretty good grasp of the Polypanel case and the main issues that could impact future financing. This week, it’s time to roll up our sleeves and work out a diagnosis for these issues. We’ll discuss Need of Funds for Operations (NFO) and Working Capital (WC), two concepts that will help us better understand the company’s problems. Finally, with a solid diagnosis we can develop an action plan that will lead to sustainable growth. Objectives: By the end of the session you will have a framework for diagnosing a company’s financial health. You’ll also gain insights into how to develop an action plan to address its problems.
3 horas para completar
13 videos (Total 77 minutos), 3 lecturas, 1 cuestionario
13 videos
2.- Recap from Week 2, (continued)7m
3.- Diagnosis (I)6m
4.- Need of Funds (NFO) and Working Capital (WC)6m
5.- Need of Funds (NFO) and Working Capital (WC), (continued)4m
6.- Diagnosis (II)4m
7.- Action Plan (I)7m
8.- Action Plan (I), (continued)6m
9.- Action Plan (II)6m
10.- Action Plan (II), (continued)5m
11.- Sustainable Growth6m
12.- Sustainable Growth, (continued)6m
13.- Brief Recap5m
3 lecturas
About Week 310m
Required Reading Week 345m
PolyPanel Balance Sheet and P&L with Forecast & Solutions to Quiz 310m
1 ejercicio de práctica
Quiz 330m
4 horas para completar
Week 4: Negative NFO and DuPont Analysis
In this final week, we will introduce the final pieces of the puzzle to give you a complete overview of operational finance. We’ll discuss tools like sensitivity analysis that will help you consider the potential outcome of a decision given different variables. In this session we will also look at other crucial concerns for the firm and its shareholders like sustainable growth and ROE (Return On Equity) plus revisit NFO (Need of Funds for Operations) and other topics. Objectives: By the end of this session, you should have a complete overview of the key aspects of operational finance. You will also understand what tools financial professionals use in order to make decisions to strengthen a company’s position.
4 horas para completar
16 videos (Total 86 minutos), 3 lecturas, 2 cuestionarios
16 videos
1.- Recap from Week 37m
2.- Recap from Week 3 (Part 2)3m
3.- Sensitivity Analysis7m
4.- Sensitivity Analysis (Part 2)5m
5.- An Example of Sustainable Growth6m
6.- Minimum Cash and Other Elements in the NFO7m
7.- Seasonal Companies6m
8.- Building up the ROE (Part 1)3m
9.- Building up the ROE (Part 2)5m
10.- Building up the ROE (Part 3)4m
11.- Blind Financial Statements5m
12.- Blind Financial Statements (Part2)3m
13.- Blind Financial Statements (Part 3)7m
14.- Brief Recap2m
15.- Course Conclusions6m
3 lecturas
About Week 410m
Considerations for Final Exam Parts I & II - Week 410m
Final Quiz Week 4 Part I Solutions10m
1 ejercicio de práctica
Quiz Week 4 - Part 130m
Reseñas
Principales reseñas sobre FINANCE FOR MANAGERS
por IA14 de ago. de 2018
It's a great course that helps break components of P&L and balance sheet. Emphasis is on Receivables, Payables, Dupont analysis and how these variables affect the cash/bank position of the firm.
por SS13 de abr. de 2017
Excellent course, Very highly recommend it! This is my first course in Coursera and what a surprise, it was great! Well explained, concise and the professor is excellent. This class is A+
por BF27 de mar. de 2017
Extremely useful course, you will understand the financial problems of real companies, why they need more or less credit and how to calculate and forecast what will happen in the future.
por AC26 de may. de 2019
Fantastic course, such a well laid out structure, Miguel sir explained with such enthusiasm, especially the case with Working Capital as to why it's not an asset. An excellent course!!!
Preguntas Frecuentes
¿Cuándo podré acceder a las lecciones y tareas?
El acceso a las clases y las asignaciones depende del tipo de inscripción que tengas. Si tomas un curso en modo de oyente, verás la mayoría de los materiales del curso en forma gratuita. Para acceder a asignaciones calificadas y obtener un certificado, deberás comprar la experiencia de Certificado, ya sea durante o después de participar como oyente. Si no ves la opción de oyente:
- es posible que el curso no ofrezca la opción de participar como oyente. En cambio, puedes intentar con una Prueba gratis o postularte para recibir ayuda económica.
- Es posible que el curso ofrezca la opción 'Curso completo, sin certificado'. Esta opción te permite ver todos los materiales del curso, enviar las evaluaciones requeridas y obtener una calificación final. También significa que no podrás comprar una experiencia de Certificado.
¿Qué recibiré si me suscribo a este Programa especializado?
Cuando te inscribes en un curso, obtienes acceso a todos los cursos que forman parte del Programa especializado y te darán un Certificado cuando completes el trabajo. Se añadirá tu Certificado electrónico a la página Logros. Desde allí, puedes imprimir tu Certificado o añadirlo a tu perfil de LinkedIn. Si solo quieres leer y visualizar el contenido del curso, puedes auditar el curso sin costo.
Is financial aid available?
Sí, Coursera ofrece ayuda económica a los estudiantes que no pueden pagar la tarifa. Solicítala haciendo clic en el enlace de Ayuda económica que está debajo del botón “Inscribirse” a la izquierda. Se te pedirá que completes una solicitud. Recibirás una notificación en caso de que se apruebe. Deberás completar este paso para cada uno de los cursos que forman parte del Programa especializado, incluido el proyecto final. Obtén más información.
¿Recibiré crédito universitario por completar el Curso?
Este Curso no otorga crédito universitario, pero algunas universidades pueden aceptar los Certificados del curso para obtener crédito. Consulta con tu institución para obtener más información. Los Títulos en línea y los Certificados Mastertrack™ de Coursera brindan la oportunidad de obtener créditos universitarios.
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