Description
Course Description
Understanding basic finance is important for any managerial position, even non-financial managers. This introductory-level course starts at the beginning, discussing finance as an organizational setting and legal forms of business. The course continues on to cover the responsibilities of financial managers, roles of finance in a typical business organization, and relevant financial markets of interest to financial managers. Further, the course will discuss corporate financing and the role the stock market plays in the business world.
Learning Outcomes
- Identify and differentiate the three most common types of business organizations and the structure of each
- State the fundamental objectives of a corporation and the differences between wealth and profit maximization
- Recognize the impact of social and ethical responsibility on business
- Identify and describe the structure and functions of the finance department within an organization
- Define the principal-agent relationship and strategies for overcoming conflicts of interest and motivating managers
- List and define the five key principles that form the foundation of financial management
- Recognize and define the five key financial markets
- Identify the sources, rules, and life-cycle stages of corporate financing
- Describe the function of the stock market and the three trading venues it utilizes
- Recognize the factors related to interest rate determination and the impact of interest on an organization
Key Features
Expert-supported- Mobile-friendly
- Accessible
- Badge and credit-awarding
- Games & Flashcards
- Video content
- Real-world case studies
- Audio-enabled in app
Notes
This course has an “Ask the Expert” feature, which submits your questions directly to an expert in the field you are studying. Questions are answered as quickly as possible and usually within 24 hours.
This course does not require any additional purchases of supplementary materials.
Learners must achieve an average test score of at least 70% to meet the minimum successful completion requirement and qualify to receive IACET CEU credit. Learners will have three attempts at all graded assessments.
Project Management Institute, PMI, the Registered Education Provider logo, Project Management Professional, PMP, Project Management Body of Knowledge, PMBOK, PMI Agile Certified Practitioner, PMI-ACP, PMI Risk Management Professional, PMI-RMP, the PMI Talent Triangle, and the PMI Talent Triangle logo are marks of the Project Management Institute, Inc.
Information in this course has been taken from A Guide to the Project Management Body of Knowledge, (PMBOK®Guide) — Sixth Edition, Project Management Institute Inc., 2017.
The following list outlines the PDUs you will earn for completing this course, based on the certification you have.
- PMP®/PgMP®
- Technical: 0
- Leadership: .25
- Strategic/Business: 2.75
- TOTAL: 3
- PMI-RMP®
- Technical: 0
- Leadership: .25
- Strategic/Business: 2.75
- TOTAL: 3
- PMI-SP®
- Technical: 0
- Leadership: .25
- Strategic/Business: 2.75
- TOTAL: 3
- PMI-ACP®
- Technical: 0
- Leadership: .25
- Strategic/Business: 2.75
- TOTAL: 3
- PfMP®
- Technical: 0
- Leadership: .25
- Strategic/Business: 2.75
- TOTAL: 3
- PMI-PBA®
- Technical: 0
- Leadership: .25
- Strategic/Business: 2.75
- TOTAL: 3