Certificate Programs - eCornell
While scientists, engineers, and other technical personnel may not have received formal instruction in financial principles, they are often held accountable for the costs of operation and production in their labs, teams, and organizations. Whether you are estimating the cost of a new project for an employer or recruiting investors to a new venture, being able to accurately project the financial viability of the work is critical to success.
In this certificate program, you will gain techniques to help you assess the financial impacts of processes and projects in your work. You’ll begin with budgeting, informing your personal and professional endeavors with accurate, inclusive estimations. You will then explore how to estimate the value of an asset and determine whether new capital investments are advisable. Throughout the courses, you’ll gain familiarity with the most common types of financial statements and investigate the impact of technical advances on an organization’s balance sheet, income statement, and statement of cash flows. Finally, you’ll have the opportunity to investigate how the value of money changes with time and use these skills to project the cash flows. By the end of this program, you will have the necessary foundations to determine the financial viability of a new process, project, or business.
You will be required to use Microsoft Excel to complete your coursework.
The courses in this certificate program are required to be completed in the order that they appear.