About this Course

100% online

Start instantly and learn at your own schedule.

Flexible deadlines

Reset deadlines in accordance to your schedule.

Beginner Level

Approx. 17 hours to complete

Suggested: 6 hours/week...

English

Subtitles: English

What you will learn

  • Check

    Demonstrate an understanding of the development of financial statements

  • Check

    Investigate and analyse financial statements in practice

  • Check

    Apply financial ratios for purposes of understanding and synthesising business position and performance

  • Check

    Apply a range of management accounting techniques to generate and evaluate complex ideas and concepts to improve decision making

100% online

Start instantly and learn at your own schedule.

Flexible deadlines

Reset deadlines in accordance to your schedule.

Beginner Level

Approx. 17 hours to complete

Suggested: 6 hours/week...

English

Subtitles: English

Syllabus - What you will learn from this course

Week
1
3 hours to complete

The building blocks

Welcome to the first week of Know Your Numbers 1. This week, we are going to take on the basics of two important topics in MBA programs: accounting and finance. Accounting is primarily concerned with the classification of financial values (expressed as assets, liabilities, and equity), while finance expands on this to consider the valuation of our assets and the way that we have funded them through debt or equity. As such, the two concepts are closely related, though their focal points differ somewhat.

...
5 videos (Total 17 min), 1 reading, 2 quizzes
5 videos
Building blocks: Finance theory3m
Financial risk and where it comes from4m
1 reading
Explore further resources 1h
2 practice exercises
Recall - The building blocks15m
Week 1 quiz1h
Week
2
3 hours to complete

Ratios and data: Why and how

Welcome to Week 2! This week, we are going to focus on some of the most useful ratios and measurements that are commonly used in business, so that you can take your skills in this area and apply them to the rest of your studies, and more importantly, your career and your life. These will serve as a starting point for looking into quantitative analysis for your own organisation as well as for considering the strategic choices available to competitors, or other firms in which you may have an interest.

...
5 videos (Total 15 min), 1 reading, 2 quizzes
5 videos
Value: From accounting profit to equity cash flow4m
Analysis for success: Choosing the right information2m
1 reading
Explore further resources 21h
2 practice exercises
Recall: Ratios and data: Why and how45m
Week 2 quiz1h
Week
3
2 hours to complete

Strategy and accounting

During this week, we shift our focus from financial analysis and ratios to broader questions regarding the strategy of our organisation. The reason we do this is so that we have a first glance into what links exist between qualitative change and the downstream quantitative impacts that we can expect.

...
4 videos (Total 13 min), 1 reading, 2 quizzes
1 reading
Explore further resources 3 30m
2 practice exercises
Recall: Strategy and accounting15m
Week 3 quiz1h
Week
4
2 hours to complete

Budgeting and forecasting

This week, we begin to explore the connection between strategy, tactics, operations, and the numbers that demonstrate the financial health of our organisation. The role of management accounting in this context is also drawn into the discussion here, as is the nature of our role as managers in having to interpret technical accounting analysis on one hand, and influence strategic change on another.

...
4 videos (Total 17 min), 1 reading, 2 quizzes
4 videos
Building it up: Using budgets to influence financial performance4m
1 reading
Explore further resources 430m
2 practice exercises
Recall: Forecasting and budgeting15m
Week 4 quiz1h

Instructor

Avatar

Dr John-Paul Monck

Macquarie Business School

About Macquarie University

Macquarie is ranked among the top one per cent of universities in the world, and with a 5-star QS rating, we are recognised for producing graduates who are among the most sought-after professionals in the world. Since our foundation 54 years ago, we have aspired to be a different type of university: one focused on fostering collaboration between students, academics, industry and society....

Frequently Asked Questions

  • Once you enroll for a Certificate, you’ll have access to all videos, quizzes, and programming assignments (if applicable). Peer review assignments can only be submitted and reviewed once your session has begun. If you choose to explore the course without purchasing, you may not be able to access certain assignments.

  • When you purchase a Certificate you get access to all course materials, including graded assignments. Upon completing the course, your electronic Certificate will be added to your Accomplishments page - from there, you can print your Certificate or add it to your LinkedIn profile. If you only want to read and view the course content, you can audit the course for free.

More questions? Visit the Learner Help Center.