This course presents an introduction to the basics of financial accounting and finance for IT professionals. The first part of the course will focus on understanding the most important financial statements, namely, the balance sheet, the income statement, and the statement of cash flows. We will then focus on how we can understand the financial health and performance of the company by examining a number of important financial ratios that are derived from the financial statements of the company. The second part of the course will focus on the basics of finance. This includes the concept of time value of money, discounting cash flows, and capital budgeting. The course will also introduce the idea of real options, how they affect a project’s NPV, and their impact of the decision to accept/reject a project. Lectures on concepts will be supplemented with numerical examples.
About this Course
Indian School of Business
The Indian School of Business has successfully put India on the global map of management education by nurturing young leaders with an understanding of developing economies and the society at large. Through innovations in curricula and pedagogy to reflect the shifting business landscape, the ISB is committed to providing the best venue for management education to meet the growing need to develop young leaders who can manage global challenges.
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TOP REVIEWS FROM ACCOUNTING AND FINANCE FOR IT PROFESSIONALS
Very good content and neat and clear explaining . However this course needs a lot of home work to be done for non Finance professionals and is challenging.
Knowing company’s financial transactions is an important aspect of running a business. This course is very help full to know financial status of business.
All the basic concepts of accounting and finance have been very clearly explained. The quizzes have helped me understand and apply the formulae well.
It was really very informative with apt examples and I really enjoyed working with different formulae in the assignment section.
About the Business Technology Management Specialization
Frequently Asked Questions
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