When you enroll in this course, you'll also be enrolled in this Specialization.
Learn new concepts from industry experts
Gain a foundational understanding of a subject or tool
Develop job-relevant skills with hands-on projects
Earn a shareable career certificate
There are 5 modules in this course
This course discusses how public projects are evaluated using cost-benefit analysis. Learners discover how interest rates and prices for stocks and bonds are determined. Techniques are presented on how to create departmental budgets for engineering cost centers and pro forma statements for profit centers. Learners then work with corporate financial statements to assess a company’s financial health, including recent measures of environmental, social, and corporate governance (ESG).
This course can be taken for academic credit as part of CU Boulder’s Master of Engineering in Engineering Management (ME-EM) degree offered on the Coursera platform. The ME-EM is designed to help engineers, scientists, and technical professionals move into leadership and management roles in the engineering and technical sectors. With performance-based admissions and no application process, the ME-EM is ideal for individuals with a broad range of undergraduate education and/or professional experience. Learn more about the ME-EM program at https://www.coursera.org/degrees/me-engineering-management-boulder.
Investment decisions are often based on a company’s financial performance, and such performance is captured in its financial statements. The three examined in this course are the income statement, the balance sheet, and the statement of cash flows. Collectively, these provide a clear picture of a company’s profitability, its net worth, and how it manages its cash.
Important update to Finance for Technical Managers specialization•10 minutes
Non-Credit Students: Welcome and Where to Find Help•10 minutes
Terminology - The Income Statement•10 minutes
Terminology - The Balance Sheet•10 minutes
2 assignments•Total 45 minutes
The Statement of Cash Flows•15 minutes
Financial Challenge #1•30 minutes
1 discussion prompt•Total 10 minutes
Introduce Yourself!•10 minutes
Analyzing Financial Statements: Ratio Analysis
Module 2•4 hours to complete
Module details
Financial statements inform management and investors about a company’s financial performance in absolute terms – dollars and cents. But it is often more valuable to understand performance in relative terms, such as gross profit relative to revenues, measured as a percentage. This makes it easier for management to compare one year to another and for investors to compare one company to another. Ratio analysis is the way this is done, and there are several categories of ratios that measure a company's liquidity, profitability, debt management, and investment potential.
Technical Managers are often tasked with preparing an annual budget for their project team, department, or product line. This involves estimating future costs, and in the case of a profit center, forecasting future revenues. Such forecasts can be made more reliable through a combination of qualitative and quantitative techniques.
What's included
7 videos1 assignment
Show info about module content
7 videos•Total 68 minutes
Module 3 Introduction •2 minutes
The Budgeting Process•8 minutes
Budgeting for Profit Centers - Part 1•12 minutes
Budgeting for Profit Centers - Part 2•14 minutes
Budgeting for Cost Centers•14 minutes
Qualitative Forecasting Techniques•6 minutes
Quantitative Forecasting Techniques•11 minutes
1 assignment•Total 30 minutes
Financial Challenge #3•30 minutes
Risk Management Techniques
Module 4•2 hours to complete
Module details
Forecasting future revenues and costs for a project invariably involves uncertainty, and such uncertainty equates to financial risk - the greater the uncertainty, the greater the risk. Risk management is about mitigating financial risk by assessing a project’s valuation under a range of different conditions, identifying the variables that most contribute to risk, and creating a plan to minimize the likelihood of any financial downside.
What's included
6 videos1 reading1 assignment
Show info about module content
6 videos•Total 69 minutes
Module 4 Introduction•2 minutes
Scenario Analysis•15 minutes
Sensitivity Analysis•11 minutes
Decision Tree Analysis•15 minutes
Multi-Attribute Analysis•13 minutes
Work-Life-Location Decisions•13 minutes
1 reading•Total 10 minutes
Work-Life-Location Decision Template•10 minutes
1 assignment•Total 30 minutes
Financial Challenge #4•30 minutes
Sustainability Reporting
Module 5•3 hours to complete
Module details
Sustainability has become an important consideration in how businesses operate and govern themselves. Managers today focus on their company’s Triple Bottom Line: measuring environmental and social impacts along with their financial performance. Investors are interested in this too, and in response, companies with sustainability as a strategic objective now report their non-financial performance – enabling investors to assess progress toward sustainability goals.
What's included
8 videos2 readings2 assignments
Show info about module content
8 videos•Total 104 minutes
Module 5 Introduction•3 minutes
The Sustainability Imperative•20 minutes
The Sustainable Business and Why it Matters•13 minutes
The 5 Stages to a Sustainable Business•10 minutes
Sustainability and the Triple Bottom Line (TBL)•15 minutes
Add this credential to your LinkedIn profile, resume, or CV. Share it on social media and in your performance review.
Build toward a degree
This course is part of the following degree program(s) offered by University of Colorado Boulder. If you are admitted and enroll, your completed coursework may count toward your degree learning and your progress can transfer with you.¹
View eligible degrees
Build toward a degree
This course is part of the following degree program(s) offered by University of Colorado Boulder. If you are admitted and enroll, your completed coursework may count toward your degree learning and your progress can transfer with you.¹
¹Successful application and enrollment are required. Eligibility requirements apply. Each institution determines the number of credits recognized by completing this content that may count towards degree requirements, considering any existing credits you may have. Click on a specific course for more information.
OK
Instructor
Instructor ratings
Instructor ratings
We asked all learners to give feedback on our instructors based on the quality of their teaching style.
CU Boulder is a dynamic community of scholars and learners on one of the most spectacular college campuses in the country. As one of 34 U.S. public institutions in the prestigious Association of American Universities (AAU), we have a proud tradition of academic excellence, with five Nobel laureates and more than 50 members of prestigious academic academies.
When will I have access to the lectures and assignments?
To access the course materials, assignments and to earn a Certificate, you will need to purchase the Certificate experience when you enroll in a course. You can try a Free Trial instead, or apply for Financial Aid. The course may offer 'Full Course, No Certificate' instead. This option lets you see all course materials, submit required assessments, and get a final grade. This also means that you will not be able to purchase a Certificate experience.
What will I get if I subscribe to this Specialization?
When you enroll in the course, you get access to all of the courses in the Specialization, and you earn a certificate when you complete the work. Your electronic Certificate will be added to your Accomplishments page - from there, you can print your Certificate or add it to your LinkedIn profile.
Is financial aid available?
Yes. In select learning programs, you can apply for financial aid or a scholarship if you can’t afford the enrollment fee. If fin aid or scholarship is available for your learning program selection, you’ll find a link to apply on the description page.