EXMGT 5515 - Financial Management and Budgeting
1027009
Language of Delivery
English
Delivery Options
Online - Synchronous
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Course Description
Students will learn the basics of financial practices within organizations including how to read financial statements, how to make and understand financial decisions, and how to create a budget. Additionally, an introduction to concepts of managerial finance will be examined. Students will explore financial decision-making skills and learn how to use financial information effectively.
Who Should Take This Course?
Aimed at individuals in supervisory or management positions who wish to upgrade or sharpen their managerial abilities, this course will also benefit prospective or aspiring managers ready to take the next step in their careers.
Learner Outcomes
By the end of this course, you should be able to:
- Understand the accounting cycle.
- Compile financial statements from various asset, liability, equity, revenue, and expense accounts.
- Use various financial ratios to determine the financial wellness of an entity.
- Prepare and use budgets and analyze budget variances.
- Complete a cost-volume-profit analysis at an introductory level.
- Compute break-even points in dollars and units.
- Compute and use the operating leverage ratio.
- Prepare a relevant cost and revenue analysis for management decisions, including outsourcing, special order pricing, and product mix decisions.
Notes
- This is a 39-hour online course accessible through eClass, the University of Alberta’s eLearning management tool.
- Learn through lectures and lively discussions as you broaden your network, apply the course content to the context of your own work or organization, and explore its implications for your professional practice.
- This is a graded course; assessment activities may include exams, projects, presentations, journals, or research papers.
- Refer to the course syllabus in eclass for details on activities and assignments.
- A textbook is required for this course.
- Additional learning materials are provided through eClass at no additional cost.
Recommendations
Applicants intending to complete a program are encouraged to apply as soon as possible to lock in their course requirements.
Applies Towards the Following Programs
- Management Development Certificate : Core Courses
- Occupational Health and Safety Professional Diploma : Elective Courses
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