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Improving Business Finances and Operations Specialization

Earn a Certificate

  • Specialization via Coursera and University of Illinois at Urbana-Champaign
  • $553 for 4-6 months
  • 6-8 hours a week of effort
  • 5 courses + capstone project
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Rating based on 1 student review.

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Title
Improving Business Finances and Operations
Rating
★★★★★ (1 Review)
Overview
Credential Type
Provider
Cost
$553
Effort
6-8 hours a week
Duration
4-6 months

This Specialization covers the fundamental financial, accounting, and process management tools and techniques you need to analyze, evaluate, and drive operations across business functions at higher levels of efficiency and effectiveness.

Incentives & Benefits

When you complete the Improving Business Finances and Operations Specialization you will have an understanding of the analytical skills and tools needed to identify good business practices and to discriminate between good and bad performers in global and local settings. Additionally, the Improving Business Finances Specialization is an offering of the University of Illinois iMBA - a high-quality and affordable program from the University of Illinois, built on Coursera Specializations. If you decide to apply, your success in Improving Business Finances and Operations (and other iMBA Specializations on Coursera), will be considered as a factor in admission.

What You'll Learn

  • The Improving Business Finances and Operations Specializtion will be discontinued in January 2016. Learners who wish to earn a Specialization Certificate must pass all courses by December 31, 2015, and complete the Capstone Project in January 2016. If you do not anticipate completing the Specialization within this time frame, please do not purchase the full access option.
  • Recognize how to make good operations management decisions.
  • Identify and analyze the effectiveness and efficiency of management controls and various cost accounting systems.
  • Learn the fundamental principles for making both personal and corporate financial decisions and the models to evaluate the performance of investments.
  • Organize process management initiatives and understand how to conduct process improvement projects.
  • Understand information measurement and communication methods employed in management controls and accounting systems.
  • The Improving Business Finances and Operations Specialization is part of the University of Illinois iMBA! Learn more about this innovative new program at https://www.coursera.org/course/imba and http://onlinemba.illinois.edu/.

Recommended Background

  • Basic knowledge of introductory financial accounting concepts
  • Basic knowledge of statistics, particularly an understanding of probabilities, averages, standard deviation, variation and distribution, correlations and linear regression analysis
  • Familiarity with Microsoft Excel (or another spreadsheet program)
  • Some knowledge of how financial markets work

★★★★★ (5) 6 weeks 18th Jul, 2016
Important update: this course will close to new learner enrollment on July 24, 2016. If you’re interested in earning a Certificate in this course, please upgrade either by purchasing the Certificate or by applying for Financial Aid before this July 24. This course will continue to run until January 25, 2017 however it will no longer be available for purchase or enrollment after July 24. The University of Illinois will be including amended versions of these courses in two new Specializations which will soon be available in our Course Catalog. Course credit will not be transferrable from this course to the new Specialization. === Learn the fundamental principles of trading off risk and return, portfolio optimization, and security pricing—useful skills and concepts to have when making both corporate and personal financial decisions. Also explore market efficiency and firm valuation techniques. This course is part of the iMBA offered by the University of Illinois, a flexible, fully-accredited online MBA at an incredibly competitive price. For more information, please see the Resource page in this course and onlinemba.illinois.edu.
★★★★☆ (1) 6 weeks 18th Jul, 2017
In this course you will learn how to use key finance principles to understand and measure business success and to identify and promote true value creation. You will learn how to use accounting information to form key financial ratios to measure a company’s financial health and to manage a company's short-term and long-term liquidity needs. You will also learn how to use valuation techniques to make sound business investment and acquisition decisions. Finally, you will learn how to incorporate risk and uncertainty into investment decisions and how to evaluate the performance of existing investments. Upon successful completion of this course you will be able to: • Understand how companies make investment decisions that create value for shareholders • Use accounting statements to measure the financial health of a company • Forecast and manage a company’s short- and long-term liquidity needs • Measure the contribution of a new project or acquisition to shareholder value • Incorporate risk into investment decisions using the appropriate discount rates • Evaluate the performance of a company or divisions of a company This course was previously entitled Financial Evaluation and Strategy: Corporate Finance. The course received an average rating of 4.7 out of 5 based on 177 reviews over the period of September 2015 through August 2016. A detailed breakdown of ratings and reviews received for the prior version of the course, which is identical in content to the current course, is provided in the course orientation page. This course is part of the iMBA offered by the University of Illinois, a flexible, fully-accredited online MBA at an incredibly competitive price. For more information, please see the Resource page in this course and onlinemba.illinois.edu.
★★★★★ (7) 4 weeks 24th Jul, 2017
In this course, you will learn about the role of operations and how they are connected to other business functions in manufacturing- and service-focused organizations. You will learn and practice the use of decision-making frameworks and techniques applicable at all levels, from management-level strategic decisions such as connecting process to the needs of various customer segments, to front-line tactical decisions such as choosing between ordering larger quantities vs. ordering more frequently. Upon successful completion of this course, you will be able to: • Understand the role of operations management • Relate underlying principles to operations management frameworks and techniques • Synthesize information to make strategic operations decisions • Evaluate processes on different dimensions • Apply analytical techniques for tactical operations decision This course is part of the iMBA offered by the University of Illinois, a flexible, fully-accredited online MBA at an incredibly competitive price. For more information, please see onlinemba.illinois.edu.
★★★★★ (1) 4 weeks 17th Jul, 2017
In this course you will focus on process improvement. You will learn how to set organizational priorities for continuous process improvement, how to execute process improvement projects, and how to sustain the initiative for continuous improvements. Upon successful completion of this course, you will be able to: • Understand the roles of process improvement • Relate underlying principles to frameworks and techniques used for process improvement • Synthesize information to make decisions for organizational initiatives and process improvement • Apply analytical techniques for tactical decisions in a process improvement project This course is part of the iMBA offered by the University of Illinois, a flexible, fully-accredited online MBA at an incredibly competitive price. For more information, please see the Resource page in this course and onlinemba.illinois.edu.
★★★★★ (6) 4 weeks 17th Jul, 2017
In this course, you will learn how to use accounting to facilitate and align decisions made by owners, managers, and employees. You will learn how accountants create, organize, interpret, and communicate information that improves internal processes, and allows organizations to identify and leverage opportunities to create value within the supply chain and with customers. Upon successful completion of this course, you will be able to: • Understand what managerial accounting is and why it is important. • Describe fundamental concepts of managerial accounting. • Apply the financial perspective of accounting for costs. • Identify problems associated with relying on financial accounting information for internal decision making. • Organize cost information according to the decision-making needs of the organization. • Apply activity-based costing (ABC) and recognize the influence of setting and decision characteristics on the relevance of ABC systems. • Address common "what-if" questions using cost-volume-profit (CVP) analysis. • Apply CVP analysis in a variety of scenarios. This course is part of the iMBA offered by the University of Illinois, a flexible, fully-accredited online MBA at an incredibly competitive price. For more information, please see the Resource page in this course and onlinemba.illinois.edu.
★★★★☆ (3) 4 weeks 17th Jul, 2017
In this course, you will explore how to use accounting to allocate resources and incentivize manager and employee behaviors in using these resources. You will also learn how financial and non-financial accounting information facilitates strategic performance measurement and how to integrate this information to continuously improve strategy. Upon successful completion of this course, you will be able to: • Understand the role of managerial accounting information in common business decisions • Differentiate relevant and irrelevant information • Avoid common pitfalls in business decisions • Prepare a master budget and its key components • Describe the iterative and interrelated nature of budgeting • Evaluate capital investments via a variety of measures • Understand how upper management uses variance analysis • Calculate, interpret, and investigate variances • Understand decentralization and its advantages and disadvantages • Compute and interpret financial performance measures • Communicate the role of non-financial measures and strategic performance measurement systems • Identify issues associated with performance measurement and incentives • Understand the nature and role of subjective performance evaluation This course is part of the iMBA offered by the University of Illinois, a flexible, fully-accredited online MBA at an incredibly competitive price. For more information, please see the Resource page in this course and onlinemba.illinois.edu.

1 Review.

Egota Eric
Name
Egota Eric
Field of study
Aacount and business
completed this credential in Jan 2016.

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