Об этом курсе
4.6
799 ratings
110 reviews
This course is designed to show you how use quantitative models to transform data into better business decisions. You’ll learn both how to use models to facilitate decision-making and also how to structure decision-making for optimum results. Two of Wharton’s most acclaimed professors will show you the step-by-step processes of modeling common business and financial scenarios, so you can significantly improve your ability to structure complex problems and derive useful insights about alternatives. Once you’ve created models of existing realities, possible risks, and alternative scenarios, you can determine the best solution for your business or enterprise, using the decision-making tools and techniques you’ve learned in this course....
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Предполагаемая нагрузка: 4 weeks of study, 1-3 hours/week

Прибл. 8 ч. на завершение
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English

Субтитры: English

Приобретаемые навыки

Financial StatementCash FlowBalance SheetFinancial Modeling
Globe

Только онлайн-курсы

Начните сейчас и учитесь по собственному графику.
Calendar

Гибкие сроки

Назначьте сроки сдачи в соответствии со своим графиком.
Clock

Предполагаемая нагрузка: 4 weeks of study, 1-3 hours/week

Прибл. 8 ч. на завершение
Comment Dots

English

Субтитры: English

Программа курса: что вы изучите

1

Раздел
Clock
2 ч. на завершение

Evaluation Criteria: Net Present Value

This module was designed to introduce you to the many potential criteria for selecting investment projects, and to explore the most effective of these criteria: Net Present Value (NPV). Through the use of concrete examples, you'll learn the key components of Net Present Value, including the time value of money and the cost of capital, the main utility of NPV, and why it is ultimately more accurate and useful for evaluating projects than other commonly used criteria. By the end of this module, you'll be able to explain why net present value analysis is the appropriate criteria for choosing whether to accept or reject a project, and why other criteria, such as IRR, payback, ROI, etc. may not lead to decisions which maximize value....
Reading
6 видео (всего 73 мин.), 2 материалов для самостоятельного изучения, 1 тест
Video6 видео
1.1 Introduction: Criteria for Evaluating Projects6мин
1.2 Time Value of Money19мин
1.3 NPV Analysis of Projects16мин
1.4 Other Evaluation Techniques15мин
1.5 The Cost of Capital10мин
Reading2 материала для самостоятельного изучения
PDFs of Lecture Slides10мин
Excel Spreadsheets: Module 110мин
Quiz1 практическое упражнение
Evaluation Criteria: Module 1 Quiz20мин

2

Раздел
Clock
2 ч. на завершение

Evaluating Projects

In this module, you'll learn how to evaluate a project with emphasis on analyzing the incremental after-tax cash flows associated with the project. You'll work through a concrete example using alternative scenarios to test the effectiveness of this method. You'll also learn why only future cash flows are relevant, why to ignore financial costs, include all incidental effects, remember working capital requirements, consider the effect of taxes, forget sunk costs, remember opportunity costs, use expected cash flows, and perform sensitivity analysis. By the end of this module, you'll be able to evaluate projects more thoroughly and effectively, with emphasis on how to model the change in the company’s after-tax cash flows, so that you can make more profitable decisions....
Reading
5 видео (всего 63 мин.), 1 материал для самостоятельного изучения, 1 тест
Video5 видео
2.2 Analyzing Incremental After-Tax Flows - Operating Phase12мин
2.3 Analyzing Incremental After-Tax Flows - Terminal Phase6мин
2.4 Example: New Production Machine12мин
2.5 Key Considerations in Evaluations19мин
Reading1 материал для самостоятельного изучения
PDFs of Lecture Slides10мин
Quiz1 практическое упражнение
How to Evaluate Projects: Module 2 Quiz22мин

3

Раздел
Clock
1 ч. на завершение

Expressing Business Strategies in Financial Terms

This module was designed to give you the opportunity to learn how business activities, transactions and events are translated into financial statements, including balance sheets, income statements, and cash flow statements. You'll also learn how these three statements are linked to each other, and how balance sheets and income statements can help forecast the future cash flow statements. By the end of this module, you'll be able to explain how accounting systems translate business activities into financial terms, and how to use this to better forecast future cash flows, so that you can express your business strategies in these financial terms, and show "the bottom line" for your proposed plan of action....
Reading
3 видео (всего 52 мин.), 1 материал для самостоятельного изучения, 1 тест
Video3 видео
3.2 Balance Sheets and Income Statements15мин
3.3 Cash Flow Statements17мин
Reading1 материал для самостоятельного изучения
PDFs of Lecture Slides10мин
Quiz1 практическое упражнение
Financial Statements and Forecasting: Module 3 Quiz20мин

4

Раздел
Clock
2 ч. на завершение

New Product Value

In this module, you'll apply what you’ve been learning to an analysis of a new product venture. You’ll learn how to map out a plan of the business activities, transactions and events that need to happen to implement the new venture, including their timing. You'll also learn how to set up a spreadsheet to help with forecasts, and to re-calculate things automatically as we re-think our plans. You'll see how to forecast out the implied financial statements, and calculate the Net Present Value (NPV). By the end of this module, you'll be able to use spreadsheets to explore different risks a venture may face, and analyze the implications of these scenarios for NPV, so that you can make the most profitable, data-driven decision possible....
Reading
6 видео (всего 51 мин.), 2 материалов для самостоятельного изучения, 1 тест
Video6 видео
4.2 Forecasting Future Cash Flows11мин
4.3 NPV and IRR Calculations5мин
4.4 Formulation and Evaluation of Alternative Scenarios15мин
4.5 Expanding Beyond the Time Horizon9мин
Course Conclusionмин
Reading2 материала для самостоятельного изучения
PDFs of Lecture Slides10мин
Excel Spreadsheets: Module 410мин
Quiz1 практическое упражнение
Calculating Value: Module 4 Quiz20мин
4.6
Direction Signs

17%

начал новую карьеру, пройдя эти курсы
Briefcase

83%

получил значимые преимущества в карьере благодаря этому курсу
Money

20%

стал больше зарабатывать или получил повышение

Лучшие рецензии

автор: SRApr 23rd 2017

The course material and examples are very useful. I really like the CF spreadsheet at the end of week 4 as this is very organized CF model and I can use this as reference to build my own. Thank you!

автор: ASJun 6th 2018

Thank you for the wonderful course. It gave us substantial information to evaluate a project based on NPV and IRR. The sensitivity analyses and the consequent scenarios were spelt out lucidly.

Преподавателя

Richard Lambert

Professor of Accounting
Accounting- Wharton School

Robert W. Holthausen

Professor
Accounting

О University of Pennsylvania

The University of Pennsylvania (commonly referred to as Penn) is a private university, located in Philadelphia, Pennsylvania, United States. A member of the Ivy League, Penn is the fourth-oldest institution of higher education in the United States, and considers itself to be the first university in the United States with both undergraduate and graduate studies. ...

О специализации ''Business and Financial Modeling'

Wharton's Business and Financial Modeling Specialization is designed to help you make informed business and financial decisions. These foundational courses will introduce you to spreadsheet models, modeling techniques, and common applications for investment analysis, company valuation, forecasting, and more. When you complete the Specialization, you'll be ready to use your own data to describe realities, build scenarios, and predict performance....
Business and Financial Modeling

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