Financial Management for Non-Financial Managers

eCornell provides exceptional online learning experiences tailored for professional and executive development in the areas of strategy, leadership and management development, human resources, financial management, and hospitality management. Collaboration between Cornell faculty experts and learning and user-experience designers provide for engaging, rigorous, and interactive learning.

In this course, students 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.

After completing this course, students 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

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