These programmes connect the principles of finance, accounting, and economics with the real-world activities of the rest of the organization. When you understand these connections, and can see your work through the eyes and tools of your finance and accounting people, your decisions, proposals, and explanations will not only be better informed, they’ll be better received. From finance for the non-financial manager to advanced economic and risk management. Start advancing your career today!

Available Courses

HAME508Making Capital Investment Decisions

Use formal frameworks to evaluate the feasibility of new initiatives. Make sound investment decisions that increase your organization's profitability. This course requires student knowledge of time value of money concepts. If you are unfamiliar with these concepts, we recommend completing Mastering the Time Value of Money (HAME507) prior to enrolling in this course.

Full Description

One of the most important aspects of a manager's job is to evaluate the feasibility of new initiatives and to make sound investment decisions. This includes conducting a thorough and reliable analysis using the appropriate financial decision-making tools. In this course, participants will learn six capital budgeting rules that provide a framework for making sound project investment decisions. Participants will examine how the rules differ from one another, and which rules are most appropriate for different project settings.

Who Should Take This Course?

This course is important for managers, supervisors, and team leaders at any level responsible for project planning, purchasing decisions, capital budgeting projects, and other important initiatives for their organization.

Course Format

eCornell takes a problem-based approach to learning, and our courses are built around realistic case studies and scenarios. All courses are self-paced, and are facilitated by an eCornell instructor, who leads the online discussions and is available to answer any questions about the course content.

This course contains the following modules:

  • Conceptual Framework
    • How value is created in a business
    • How capital budgeting rules provide a framework for making project investment decisions
    • Appropriate use of other accounting-based techniques such as return on assets and return on equity
  • Basic Capital Budgeting Decision Rules
    • Calculation and appropriate use of net present value (NPV) as a tool in making project investment decisions
    • Internal rate of return (IRR), its strengths, weaknesses, and appropriate use as a decision rule
    • Payback periods (PP), its strengths, weaknesses, and appropriate use as a decision rule
    • Discounted payback periods (DPP), its strengths, weaknesses, and appropriate use as a decision rule
  • Special Cases
    • Calculation and appropriate use of profitability index (PI) as a decision rule
    • Calculation and appropriate use of equivalent annual cost (EAC) as a decision rule

Benefits to the Learner

After completing this course, participants will be able to:

  • Apply capital budgeting decision rules to make sound financial choices
  • Accurately analyze decisions and projects for financial soundness

Authoring Faculty

Steven Carvell, Ph.D., Associate Professor and Associate Dean for Academic Affairs Scott Gibson, Ph.D., Assistant Professor

Sponsoring School

Cornell University's School of Hotel Administration

Total Learning Time

Approximately five to six hours over a period of two weeks.

Certificate Information

This course can be applied toward the following certificates:

  • Business Leadership Skills
  • Financial Management

Other Requirements

Participants in this course need one of the following financial calculators:

  • Hewlett-Packard 12C
  • Texas Instruments BA II Plus

Course Schedule

Course Start Date Registration Deadline

HAME507Mastering the Time Value of Money

Master an understanding of the time value of money to assess critical decisions about investments. Project cash flows, calculate payments, and solve lease-or-buy dilemmas.

Full Description

In today's competitive business world, managers are charged with making many project-related decisions, often involving costs or revenues that will be encountered some time in the future. Managers need to have a fundamental understanding of the time value of money. In this course, participants develop a solid understanding of the time value of money. Using timelines and cash-flow calculations they will learn to project cash flow, calculate payments, establish the value of securities and investments, and determine when it is more cost effective to lease or to buy.

Who Should Take This Course?

This course is crucial for managers without a significant financial background who are charged with project planning, purchasing decisions, and planning capital budgeting projects.

Course Format

eCornell takes a problem-based approach to learning, and our courses are built around realistic case studies and scenarios. All courses are self-paced, and are facilitated by an eCornell instructor, who leads the online discussions and is available to answer any questions about the course content.

This course contains the following modules:

  • Intuition and Conceptual Framework
    • Explaining the importance of the timing of future cash flows
    • Using a cash-flow timeline to conceptualize TVM problems
  • Basic TVM Tools
    • Using a financial calculator to solve TVM problems
    • Calculating the future and present value of a lump-sum payment
  • Advanced TVM Tools
    • Calculating the value of perpetuities and growing perpetuities
    • Calculating the future and present value of annuities

Benefits to the Learner

After completing this course, participants will be able to:

  • Make planning decisions in the present, based on the accurate calculation of cash flow projections
  • Use a cash-flow timeline to conceptualize time-value-of-money problems
  • Use a financial calculator to solve time-value-of-money problems
  • Calculate present and future values of payments, perpetuities, and annuities
  • Use these concepts as a foundation for making capital investment decisions

Authoring Faculty

Steven Carvell, Ph.D., Associate Professor and Associate Dean for Academic Affairs Scott Gibson, Ph.D., Assistant Professor

Sponsoring School

Cornell University's School of Hotel Administration

Total Learning Time

Approximately five to six hours over a period of two weeks.

Certificate Information

This course can be applied toward the following certificates:

  • Business Leadership Skills
  • Financial Management

Other Requirements

Participants in this course need one of the following financial calculators:

  • Hewlett-Packard 12C
  • Texas Instruments BA II Plus

Course Schedule

Course Start Date Registration Deadline

HAME510Raising Capital: The Process, the Players, and Strategic Considerations

Learn about the decision frameworks financial professionals use to arrive at the company's optimal capital structure. Obtain a thorough understanding of the strategic considerations involved in raising funds for the purpose of investing in projects. Find out how capital structure decisions at the company level influence project decisions at the departmental level.* We recommend completing How to Identify, Measure, and Incorporate Into Capital Budgeting Decisions (HAME509) prior to enrolling in this course.

Full Description

Firms routinely require access to external capital markets in order to fund capital and operating investments. Making complete, well-informed financing decisions at the corporate level requires a thorough understanding of capital markets. This course provides an introduction to the issues surrounding the debt-equity decision. It explains how decisions at the department or division level are influenced by capital structuring decisions at the company level and why changes in the industry and in the economy are important to investment and financing decisions in your organization. This course goes beyond a standard theoretical treatment of capital structure to explain fully how characteristics of capital markets impact the process and prospects of raising capital. Through an exploration of the strategic considerations involved in creating an optimal mix of debt and equity, this course addresses questions about the process of raising funds and the appropriate amounts of debt and equity to raise. Through it, you gain the insight you need to contribute to decisions in your own firm and obtain a more complete understanding of corporate restructuring, mergers, acquisitions, and bankruptcy.

Who Should Take This Course?

This course is designed for non-financial managers who are responsible for making integrated financial decisions and need a fundamental understanding of the process, players, and strategic considerations of raising capital.

Course Format

eCornell takes a problem-based approach to learning, and our courses are built around realistic case studies and scenarios. All courses are self-paced, and are facilitated by an eCornell instructor, who leads the online discussions and is available to answer any questions about the course content. This course contains the following modules:

  • Capital Structure Foundations
  • Evaluating the Firm’s Financing Options
  • The Debt Irrelevance Theorem
  • Trade-Off Theory of Capital Structure
  • The Effect of Taxes on the Firm’s Value
  • The Effect of Financial Distress on the Firm’s Value
  • Pecking Order Theory of Capital Structure
  • Direct Costs of Issuing Securities
  • Indirect Costs of Raising Capital
  • Pulling It All Together – Reconciling and Applying Pecking Order and Trade-Off Theories

Benefits to the Learner

After completing this course, participants will be able to:

  • View the process of raising capital in a broad context of capital-related decisions regarding the mix of capital and the process of entering into capital markets
  • Explain how decisions in your department or division are influenced by capital structuring decisions
  • Explain why changes in the industry and in the economy are important to capital budgeting decisions in your organization
  • Contribute to decisions in your own firm more meaningfully with a good understanding of corporate restructuring, mergers, acquisitions, and bankruptcy

Authoring Faculty

Steven Carvell, Ph.D., Associate Professor and Associate Dean for Academic Affairs Scott Gibson, Ph.D., Assistant Professor

Sponsoring School

Cornell University

Course Schedule

Course Start Date Registration Deadline

HAME509Risk and Return: How to Identify, Measure, and Incorporate Into Capital Budgeting Decisions

For the non-financial manager, this course serves to answer the important question: how is risk factored into capital budgeting decisions?

Full Description

Managers in today’s firms must have the right tools to identify relevant project risks and weigh those risks against expected returns in a competitive market. They must understand how the risk-return relationship is incorporated into capital-budgeting decisions. This two-week course provides non-financial managers with an understanding of the key factors that enter into capital budgeting decisions so they are better able to engage in meaningful dialogue with the firm’s finance team. Discover how the risk-return relationship is measured and incorporated into capital-budgeting decisions. Explain why risk is a critical component of the capital-budgeting decision and what its impact is on the ultimate value of the investment under consideration.

Who Should Take This Course?

This course is designed for non-financial managers who are responsible for making integrated financial decisions and need to be able to understand the interrelationship of risk and return in making capital budgeting decisions

Course Format

eCornell takes a problem-based approach to learning, and our courses are built around realistic case studies and scenarios. All courses are self-paced, and are facilitated by an eCornell instructor, who leads the online discussions and is available to answer any questions about the course content.

This course contains the following modules:

  • Considering Investment Risk
  • Investors and Risk
  • Quantifying Risk and Return
  • Two Kinds of Risk – Systematic and Unsystematic Risk
  • How Firms Factor Risk into Capital Budgeting Decisions
  • Systematic Risk
  • Capital Asset Pricing Model
  • Risk and Capital Budgeting Decisions

Benefits to the Learner

After completing this course, participants will be able to:

  • Explain how risk enters into the capital budgeting decision and the impact it will have on the ultimate value of the investment under consideration
  • Interpret what you read in the Wall Street Journal

Authoring Faculty

Steven Carvell, Ph.D., Associate Professor and Associate Dean for Academic Affairs Scott Gibson, Ph.D., Assistant Professor

Sponsoring School

Cornell University

Total Learning Time

Approximately six hours over a period of two weeks.

Course Schedule

Course Start Date Registration Deadline

HAME513Understanding Financial Statements

Read and interpret balance sheets, income statements, and cash flow statements. Analyze the current financial situation and identify areas for improvement.

Full Description

In order for organizations to succeed, leaders and managers must be able to accurately interpret and utilize financial reports. They must also be able to assess the overall financial performance of the organization, a particular department, or the competition, and then convey the organization's financial condition to its constituents. In this course, participants will learn how to read and interpret income statements, balance sheets, and cash flow statements. By understanding the information contained in each of these key reports, participants will have a solid foundation upon which to base more advanced analysis of their firm's financial performance.

Who Should Take This Course?

This course is necessary for all professionals who deal with financial reports and need to understand how to accurately interpret and use the data to improve efficiency and productivity for their department and organization.

Course Format

eCornell takes a problem-based approach to learning, and builds each course around realistic case studies and scenarios. All courses are self-paced, and are facilitated by an eCornell instructor, who leads the online discussions and is available to answer any questions about the course content.

This course contains the following modules:

  • Reading the Income Statement
    • Understanding the purpose of the income statement and its overall structure
    • Interpreting the income statement line by line
    • Using the income statement
  • Reading the Balance Sheet
    • Understanding the purpose of the balance sheet and its overall structure
    • Interpreting the balance sheet line by line
    • Using the balance sheet
  • Reading the Cash Flow Statement
    • Understanding the purpose of the cash flow statement and its overall structure
    • Interpreting the cash flow statement at a detailed level
    • Using the cash flow statement
  • Other Elements of Financial Reporting
    • The purpose of an annual report
    • Online sources of financial information
    • GAAP and FASB, and their influence on the structure and use of these financial statements

Benefits to the Learner

After completing this course, participants will be able to:

  • Understand and interpret the information found in the three principle financial statements
  • Understand how the three reports relate to one another and how they are combined (with additional information) to serve as an annual report
  • Work with online sources of financial information to conduct research on other publicly-traded firms and industries

Authoring Faculty

Steven Carvell, Ph.D., Associate Professor and Associate Dean for Academic Affairs Scott Gibson, Ph.D., Assistant Professor

Sponsoring School

Cornell University's School of Hotel Administration

Total Learning Time

Approximately five to six hours over a period of two weeks.

Certificate Information

This course can be applied toward the following certificates:

  • Business Leadership Skills
  • Financial Management

Other Requirements

Participants in this course need one of the following financial calculators:

  • Hewlett-Packard 12C
  • Texas Instruments BA II Plus

Course Schedule

Course Start Date Registration Deadline

HAME514Using Ratio Analysis to Evaluate Financial Performance

Use ratio analysis to analyze financial statements. Understand your organization's financial performance and improve its competitiveness. This course requires student knowledge of financial statements. If you are unfamiliar with financial statements, we recommend completing Understanding Financial Statements (HAME513) prior to enrolling in this course.

Full Description

The ability of an organization to analyze its financial position is essential for improving its competitive position in the marketplace. Through a careful analysis of its financial performance, the organization can identify opportunities to improve performance at the department, unit, or organizational level. In this course, participants will learn to use several ratio analysis instruments to achieve a comprehensive understanding of a firm's financial performance. The course then addresses how this financial health information can be used as a foundation upon which to design and implement initiatives for increased productivity and profitability.

Who Should Take This Course?

This course is necessary for all professionals who deal with financial reports and need to understand how the data can be analyzed to accurately assess their organization's financial strength.

Course Format

eCornell takes a problem-based approach to learning, and builds each course around realistic case studies and scenarios. All courses are self-paced, and are facilitated by an eCornell instructor, who leads the online discussions and is available to answer any questions about the course content.

This course contains the following modules:

  • Asset Management Ratios
    • The purpose, audience, and method of computation of asset management ratios
    • Using these ratios to evaluate the asset management of the business
    • Interpreting these ratios, and identifying ways to improve them
  • Solvency and Capital Structure Ratios
    • The purpose, audience, and method of computation of liquidity, coverage, and leverage ratios
    • Using these ratios to assess short- and long-term solvency
    • Interpreting these ratios, and identifying ways to improve them
  • Profitability Ratios and Dupont Analysis
    • The purpose, audience, and method of computation of margin ratios, return on assets, and equity ratios, and Dupont method
    • Using these ratios to assess profitability
    • Interpreting these ratios, and identifying ways to improve them
  • Valuation Ratios
    • The purpose, audience, and method of computation of equity price multiples and enterprise value multiples
    • Using these ratios to compute valuation
    • Interpreting these ratios, and identifying ways to improve them

Benefits to the Learner

After completing this course, participants will be able to:

  • Use ratio analysis to identify areas of strong financial performance and those that need improvement
  • Accurately assess the financial performance of a department, unit, or organization relative to its competitors or to its own past performance

Authoring Faculty

Steven Carvell, Ph.D., Associate Professor and Associate Dean for Academic Affairs Scott Gibson, Ph.D., Assistant Professor

Sponsoring School

Cornell University's School of Hotel Administration

Total Learning Time

Approximately five to six hours over a period of two weeks.

Certificate Information

This course can be applied toward the following certificates:

  • Business Leadership Skills
  • Financial Management

Other Requirements

Participants in this course need one of the following financial calculators:

  • Hewlett-Packard 12C
  • Texas Instruments BA II Plus

Course Schedule

Course Start Date Registration Deadline

Available Certificates

FI100CAdvanced Certificate in Accounting and Managerial Finance

The learning objective of this Advanced Certificate is to equip learners with the knowledge, skills, and competencies to understand the importance of investment and financing decisions in order to assist their organisation in the creation and capture of value as well as obtaining sustainable competitive advantage and apply this knowledge to work.

In this respect, the objective is to provide an essential understanding of financial statement analysis, corporate finance structure, including knowledge of the instruments used by companies to raise finance and manage financial risk.

FI200CAdvanced Certificate in Advanced Corporate Finance

The learning objective of this Advanced Certificate is to equip learners with instruments for the evaluation of investment and financing decisions and assessing their financial and strategic consequences, both domestically and internationally.
This programme will allow learners to determine and evaluate the nature of advanced accounting challenges in fast-developing global context. Learners will also have to demonstrate problem solving and analytical approaches to facilitate effective financial decision-making.
In this respect, the methodology of assessment will require learners to present information and communicate effectively and articulately in written form, at an appropriate level, including the acknowledgement and referencing of sources, and showing a keen ability for independent thought and learning initiative.

FI400CAdvanced Certificate in Business and Financial Analysis

The learning objective of this Advanced Certificate is to provide learners with the basic understanding of business and the internal and external analysis that can be carried out to understand and improve the business process for competitive advantage. The programme has been designed to enable learners to acquire a practical mastery of business and international financial statement analysis, and demonstrate the ability to put theory into action.

FI800CAdvanced Certificate in Corporate Finance

The learning objective of this Advanced Certificate is to equip learners with the knowledge, skills, and competencies to understand the importance of investment and financing decisions in order to assist their organisation in the creation and capture of value as well as obtaining sustainable competitive advantage.

FI100CAdvanced Certificate in Corporate Reporting

The learning objective of this Advanced Certificate is to provide learners with the skills to prepare published financial statements. The programme is designed to encourage learners to carry out research in Financial Report standards beyond the mechanics of preparing the financial statement reports.

FI130CAdvanced Certificate in Derivatives and Alternative Investments

The learning objective of this Advanced Certificate is designed to provide learners specializing in investment banking and securities and with interest in investment banking and securities with the relevant know how around derivatives and alternative investments, in their pure nature as risk management tools (for derivatives) and as Assets classes (for alternative investments) while also considering the possibility of multi-functionality where Derivatives can be used for speculation (and be considered an asset class to some extent) and where Alternative investments can be used as a risk management tool. The programme introduces techniques for using any form of derivatives instruments as both a risk and portfolio management tool. It also helps learners to design and develop financial models drawing from theories in international financial management, and how such models can be improved using the derivatives.

FI150CAdvanced Certificate in Enterprise Risk Management

The learning objective of this Advanced Certificate is to provide learners with an understanding of business risk factors, the ability to recognize risk and the skills to manage the threats posed by business risks and turn them to the advantage for the organizations. Learners will be able to manage risk, using it to create value for organizations through innovative management ideas that allow organizations to cope with the fast changing business environment.

FI170CAdvanced Certificate in Equity and Fixed Income Investment

The learning objective of this Advanced Certificate is to introduce learners to the characteristics of equity and fixed income investments. It covers the analytical issues in their valuation, the commonly used models of securities valuation and their applications and shortcomings.
Equity and fixed income securities are important as the primary sources of funding for corporate organisations and the link between financial markets and these institutions is examined. Equity and Fixed income markets will be analysed to provide a learning framework and foundation platform for learners in their area of specialisation. The aim is to provide learners with an understanding of the role and functions of equity and fixed income securities in portfolio investment.

FI180CAdvanced Certificate in Financial Risk Management

The learning objective of this Advanced Certificate is to provide learners with a broad understanding of the main types of risk that financial institutions face, as well as some of the means of managing those risks. The programme thus introduces learners to the concept of credit risk and its different structures. Additionally, banks also have to manage the risk of loss due to movement in market factors, i.e. market risk, or due to failed processes, i.e. operational risk. Learners will learn about managing the assets (e.g. loans) and the liabilities (e.g. deposits) of banks, and the importance of having a constant excess of interest earned from assets over interest paid to liabilities.

FI190CAdvanced Certificate in Fundamentals of Islamic Finance

The learning objective of this Advanced Certificate is to equip learners with the critical reflection, the problem solving skills and the independence of thought necessary to tackle the issues related to such a complex subject. This certificate will provide our learners a chance to grasp the latest trend in this rapidly growing and complex market. Learners will understand the distinction between a traditional bank and an Islamic bank and the operation of banking accounts under Sharia'a conditions.

FI230CAdvanced Certificate in International Retail Banking

The learning objective of this Advanced Certificate is to introduce learners to the competitive landscape facing the financial services industry. It will enable them to consider the effects of this competitive environment on key aspects of the industry, such as the impact of new business models on the principles and structures of lending. This programme aims also to provide learners with insights into the major features of the banking business and to provide a framework for the understanding of the different types of banks and banking activities. Learners will examine the changing business characteristics of the commercial banking industry while focusing at the same time on the global nature of banking activities.

FI250CAdvanced Certificate in Islamic Banking Operations

The learning objective of this Advanced Certificate is to provide an introduction to the conventional banking system and goes on to deal with the key operations of Islamic banks and co-operation between conventional and Islamic financial Institutions. It also deals with the Islamic Financial Markets, scope and instruments. It also discusses the concepts of venture capital, investment funds, unit's trusts, securitisation and sukuk in accordance with Islamic principles.

FI260CAdvanced Certificate in Islamic Portfolio Management

The learning objective of this Advanced Certificate is to build on the techniques for portfolio selection and will address both the theory and the practice of portfolio management with emphasis in Islamic world. The constraints applying to Islamic investment will be introduced. The use of Ijara, the growth of different types of Islamic investment products will be studied.

FI320CAdvanced Certificate in Mergers and Acquisitions and Private Equity

The learning objective of this Advanced Certificate is to address the importance of the organisation's mergers and acquisitions decisions. These are highly valuable and to some extent can damage value in them. This highly important decision cannot be made without the critical and incisive analysis by financial and business analyst in the M&A. This is taken one step further with the consideration given to private equity investments and the similarity and conceptuality of how they achieve their strategies through M&A. Learners will be exposed to the analysis of financial statements and data using both hypothetical and real life data. This programme is meant to crystallize such early formative learning using a more advanced level of analysis to analyse and value companies in an M&A scenario. As such, this programme has been designed to embrace the above topical areas in M&A and Private Equity.

FI330CAdvanced Certificate in Money and Foreign Exchange

The learning objective of this Advanced Certificate is to provide learners with the right skills to understand the money and foreign exchange market and the instruments used in these markets by banks and international companies.

FI370CAdvanced Certificate in Quantitative Finance and Financial Markets

The learning objective of this Advanced Certificate is to examine the fusion between quantitative finance and financial markets, providing learners with the required knowledge of quantitative methods used in investment finance and their application within the financial markets.

FI690CAudit and Assurance

The learning objective of this Certificate is to provide learners with the knowledge and skills to carry out basic audit and assurance services within an international context and professional standards. The knowledge gained here will enable learners to assist in an audit and assurance engagement. The programme is designed with an integrated approach which encompasses the audit process from the beginning to the end, with emphasis on important audit and assurance decisions, planning of the audit and assurance and risk assessment in audit and assurance services.

FI123CCorporate Finance

The learning objective of this Certificate is to provide learners with an applied perspective to the understanding of core corporate finance principles. Thereby enabling learners to be able to have a problem solving approach and methodology in financial management problems. The programme is designed to ground the learners in finance principles.

FI124CDevelopmental Economics

The learning objective of this Certificate is to enable learners to gain an understanding of the analysis of the economic structure of developing countries, unique challenges, and how they fit into the world economy today. Its aimed at ensuring learners develop the skills to understand some problems affecting these countries, such as population growth, poverty, income distribution, structural adjustment and volatile capital flows and the policies designed to address them. The module also identifies the subtle differences and tensions between the terms developing, emerging and developed economies / countries as the economic development of the BRIC and N11 countries has changed traditional definitions and identifications.

FI450CExecutive Certificate in Accounting and Financial Management

The learning objective of this Advanced Certificate is to equip learners with the knowledge, skills, and competencies to understand the importance of corporate investment and financing decisions in order to assist their organisation in the creation and capture of value as well as application of management accounting techniques. It covers modern techniques, decision-making, budgeting and standard costing, concluding with how a business should be managed and controlled

FI490CExecutive Certificate in Enterprise Risk Management

The learning objective of this Executive Certificate is to develop an understanding of a range of general management functions. Firstly it focuses on the nature of strategic decision making, management and leadership in the current increasingly competitive and globalised business environment. Learners will also develop the right skills of awareness and application of corporate governance and ethical issues that may arise in workplaces. The certificate also provides learners with an understanding of business risk factors, the ability to recognise risk and the skills to manage the threats posed by business risks and turn them to the advantage for the organisations by managing risk and using it to create value for organisations.

FI510CExecutive Certificate in Finance and Financial Risk Management

The learning objective of this Executive Certificate is to develop a broad understanding of the main types of risk that financial institutions face, as well as some of the means of managing those risks. In addition it will covers the characteristics of equity and fixed income investments. Learners will understand the analytical issues in their valuation, the commonly used models of securities valuation and their applications and shortcomings. Useful for those who wish to specialise in investment banking and securities and with interest in investment banking and securities with the relevant know how around derivatives and alternative investments, in their pure nature as risk management tools (for derivatives).

FI520CExecutive Certificate in Finance and Investment

The learning objective of this Executive Certificate is to develop an understanding of business and the internal and external analysis that can be carried out to understand and improve the business process for competitive advantage whilst allowing learners to develop knowledge, skills, and competencies to understand the importance of investment and financing decisions. It will also give the required knowledge of quantitative methods used in investment finance and their application within the financial markets.

FI590CExecutive Certificate in Investment Banking and Capital Markets

The learning objective of this Executive Certificate develops advance competency in a range of topics dealing with international business. This certificate introduces learners to the characteristics of equity and fixed income investments. It covers the analytical issues in their valuation, the commonly used models of securities valuation and their applications and shortcomings. It introduces techniques for using any form of derivatives instruments as both a risk and portfolio management tool. It also helps learners design and develop financial models and drawing from theories in international financial management, and how such models can be improved using the derivatives.

FI600CExecutive Certificate in Islamic Finance and Banking

The learning objective of this Executive Certificate is to develop an advance understanding of the distinction between a traditional bank and an Islamic bank and the operation of banking accounts under Sharia'a conditions and will include the constraints applying to Islamic investment will be introduced. The use of Ijara, the growth of different types of Islamic investment products will be studied. Starting with an introduction to the conventional banking system and goes on to deal with the key operations of Islamic banks and co-operation between conventional and Islamic financial Institutions.

FI630CExecutive Certificate in M&A and Corporate Finance

The learning objective of this Executive Certificate is to equip learners with the skills sets that allow them the awareness of corporate governance requirements and ethical standards. Learners will be able to understand the instruments for evaluation of investment and financing decisions and assessing their financial and strategic consequences, both domestically and internationally. It is also designed to address the importance of the organisations mergers and acquisitions decisions, with the consideration given to private equity investments and the similarity and conceptuality of how they achieve their strategies through M&A.

FI680CExecutive Certificate in Retail Banking and Money Markets

The learning objective of this Executive Certificate is to provide learners with the right skills to understand the money and foreign exchange market and the instruments used in these markets by banks and international companies. It will also give learners an insight into the major features of the banking business and to provide a framework for the understanding of the different types of banks and banking activities. It also introduces learners to the concept of credit risk and its different structures. Additionally, banks also have to manage the risk of loss due to movement in market factors.

FI126CFinancial Accounting

The learning objective of this Certificate is to develop the principles guiding the preparation of financial statements and how to prepare financial statements. It aims to develop in the learners, the fundamental skills required to prepare the financial statements through active participation and activities and understanding the rationale and principles through application to companies. It also deals with evaluating and analysing firm performance and considers the varying needs of the different information users to keep learners at the forefront of their careers in business and accounting.

FI720CFinancial Economics

The learning objective of this Certificate is to enable learners to understand the principles and practical application of financial economics theory and their application to financial management, risk management and asset pricing.

HAMEC02Financial Management

A six-course certificate series for all levels of managers, directors, and company officers who are responsible for making financial or capital budgeting decisions within their organization or must be able to interpret and use financial data.

CORE COURSES
HAME507 Mastering the Time Value of Money
HAME508 Making Capital Investment Decisions
HAME509 Risk and Return: How to Identify, Measure, and Incorporate Into Capital Budgeting Decisions
HAME510 Raising Capital: The Process, the Players, and Strategic Considerations
HAME513 Understanding Financial Statements
HAME514 Using Ratio Analysis to Evaluate Financial Performance

FI127CFinancial Markets

The learning objective of this Certificate is to link fundamental concepts to practical real world issues in financial markets, providing learners with knowledge and understanding required for further advanced learning and practical career application. The module is designed to enable learners to understand financial activity from the economic, investment banker and investor points of view, through a practical, applied theory approach. The programme is designed to provide learners with an introductory level understanding of operations, mechanic, structure and valuation carried out in financial markets around the world.

FI760CInternational Financial Management

The learning objective of this Certificate is to enable learners to have the knowledge of how multinational corporations operate in terms of investment, financing and working capital decisions in an international context going further into details of treasury management in a local and international context. The programme covers topics from corporate finance, in an international context, with some additions to provide our graduates with additional skill sets in managing treasures of companies in the local and international arena.

FI130CIntroduction to Finance

The learning objective of this Certificate is to equip learners with the basic introductory knowledge of finance and the tools, models used in finance. This is to ensure the learners have a good foundation of the basic concepts of finance which will enable them perform better in their careers. The course is designed to help learners develop problem solving skills in finance and enables them to develop the ability to apply intuition and basic financial analytical skills to decision making while integrating it with quantitative methods.

FI132CMacroeconomic Environment

The learning objective of this Certificate is to examine real world economic concepts and issues, showing learners why they matter through basic cause and effect analysis. It is also aimed at enabling learners to develop a clear understanding of macroeconomic issues at national and international level and how they impact on business and how business decisions are derived from the macroeconomic issues.

FI133CManagement Accounting

LSMC06Management Reporting: Systems and Strategies

In a data-driven world, we turn to the reporting mechanisms and systems in our organizations to evaluate, make and measure business decisions. Strategic objectives are quantified and achieved with input from both internal and external sources. But finding the right data and using that information correctly to reach goals requires a language of specificity. This six-course online program provides managers with the game-changing viewpoints they will need to create and effectively communicate organizational strategy.

CORE COURSES
LSM531 Strategy and Performance Reporting
LSM532 Management Reporting: Bridging the Gap Between Strategy and Data
LSM533 Understanding Pay-for-Performance
LSM534 Measuring and Improving Margins
LSM535 Capacity, Surplus and Performance Measurement
LSM536 Measuring and Improving Efficiency

FI113CManagerial Economics

The learning objective of this Certificate is to provide learners with a detailed analysis of managerial economics and decision making, thus enabling them to analysing managerial problems and decisions. It is a specialist module and the delivery reflects the advanced learning styles required for success in the programme.

FI135CMicro Economics

The learning objective of this Certificate is to enable learners to understand the essential aspects of current microeconomic theory and be able to judge the suitability of such reasoning when applied to common economic phenomena and give competent descriptions and critiques.

FI117CMoney and Banking

The learning objective of this Certificate is to enable learners to gain an understanding of the key instruments used in banking and the money markets and how value is created through the banking systems. The programme also aims to equip learners with the technical and managerial skills that are valued within the banking industry. Prior knowledge is assumed in Financial Economics and Financial Markets. The module is assessed via a research led project and as such is delivered over a 15 weeks period and the delivery pattern reflects the research to be carried out.

FI118CPersonal Finance

The learning objective of this Certificate is to enable learners to plan their personal finances and provide them with skills of personal finance. It is designed around the tools of personal finance, personal investment and wealth planning. The programme is designed as a hands on approach to enable learners to build their own personal financial plans.

FI139CQuantitative Methods

The learning objective of this Certificate is to provide learners with the basic statistical and quantitative skills. The programme is designed to provide learners with an understanding of the nature of basic statistical and quantitative tools, their application and best practices in their application. These skills sets can also be transferable in terms of professional skills and relevance to applying quantitative methods in their careers.

FI119CRisk Management

The learning objective of this Certificate is to enable learners to gain knowledge in the areas of financial risk management and it is envisaged that learners will develop a working knowledge of practical tools used in financial risk management and their applications, with emphasis on hedging and speculation. The programme is meant for learners specialising in Banking and Finance and as such focuses on Financial Risk Management. Prior knowledge of Financial Markets is assumed.

FI120CTaxation

The learning objective of this Certificate is to enable learners to develop relevant knowledge and skills applicable to tax systems for individuals, single entity corporations and groups of companies via consolidated accounts. The module is designed to enable learners transfer knowledge of taxation codes into practical application from theory. This programme has been designed to align with the UK tax codes and may be redesigned to reflect a different tax jurisdiction when the module is offered in any other tax jurisdiction.