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/.
- 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