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Finance Data Analysis: Better Business Through Financial Management

2,850.00

Discover how data and financial information can be used to boost business

One of the primary challenges for any business is to make investment decisions that provide yield rates over the cost of financing those investments. How can financial data help a company and its employees make sound decisions that will supercharge the business?

This ExpertTrack will show you how firms can create value through expert investment decisions and financial strategies.

You’ll have the chance to explore tools for assessing financial performance and the economic condition of an organization, using the financial reports of real-world organizations. You’ll also be introduced to the fundamental concepts of managerial accounting and explore how to identify relevant costs for short and long-term decision-making.

Decypher financial reports from around your organization

A strong understanding of your financial status is essential to running an effective and profitable organization. You’ll have the chance to learn how to review statements of income, financial position, and further analysis. You can also get to grips with ratio analysis, liquidity ratios, and break-even analysis to be able to manipulate the core numbers from your reports.

Make sound capital investments in your organization

Recognising good investment opportunities – and avoiding the bad ones – is a crucial business skill.

You’ll learn how to review capital investment details, calculate the different rates of return, and make informed decisions on the suitable investments to make.

FAQs:

Will this ExpertTrack cover what ROI (return on investment) is used for?

Yes. Return on investment (ROI) is a widely used financial metric that measures the likelihood of gaining profit on an investment. You’ll learn about this metric concerning evaluating the return potential of a standalone or several assets.

Will I learn how to read a balance sheet?

Yes. You’ll build your understanding of what’s on a balance sheet, how it relates to business interests, and how to use the data within it for business decision-making.

Essential skills you will learn.

  • Industry analysis
  • Liquidity and efficiency ratios
  • Break-even analysis
  • Investment decision making
  • Working with financial statements, income statements, and cash flow statements
  • Analyzing company performance
  • Investor ratios
  • Capital investment
  • ROI
  • Financial data analysis
  • Finance management
  • Cost-profit analysis

Learning outcomes

By the end of the ExpertTrack, you’ll be able to…

  • Evaluate the performance of an organization using various financial analysis tools
  • Identify different patterns of cost behavior and apply cost-volume-profit analysis to business decisions.
  • Apply discounted cash flow and other techniques to capital investment decisions
  • Describe the performance of an organization using financial and non-financial measures

Experience required

It’s recommended that you have two years of experience to take this ExpertTrack – whether it’s as a student or in a work environment.

Getting started

This ExpertTrack is designed for anyone looking to build their financial data analysis and use data for business decision-making.

It will be of particular interest to people in senior management and leadership roles who lack an accounting background, especially if you wish to learn the skills to help you make better decisions and advance your career.

Description

Financial analysts use financial data to spot trends and extrapolate into the future, helping their employers and clients make the best investing decisions. For example, a data analyst might study figures related to sales numbers, advertising efficacy, transportation costs, or wages versus productivity. Join this Finance Data Analysis online course.

As the Finance Data Analyst, you will work in a customer-facing role to ensure the smooth roll-out of various tech systems (i.e., ERP, budgeting, planning, forecasting, reporting, dashboarding, consolidation, and compliance) across the entire project lifecycle.

financial data analyst prepares financial reports that serve as summary information for managers. The economic data analyst is responsible for identifying relevant insights and compiling analytical reports that enable other employees in the company to make sound decisions.

The main difference between a financial analyst vs. a data analyst is that the former only works with accounting and financial figures. The latter works with a wide range of numbers from different industries.

Demand for analytics-driven decision-making across the business has continuously increased.  As more departments build analytic capabilities, finance analytics governance becomes unclear. What role should finance analytics play for the company? How do the best finance teams support analytics?

The primary qualifications for getting a job as a financial data analyst include a bachelor’s degree in economics or finance and several years of work experience. Many financial data analysts start by interning. You can then move into a junior analyst position before becoming a full-time data analyst.

Unlock the financial and organizational potential of a business with balanced scorecards and other strategic analysis tools.

Duration: Approx 10 weeks 5 hrs per week
Certificates: Earn course Certificates
100% online learn at your own pace

Cost: $39/month

Prove you’re job-ready through Finance Data Analysis

Highlight the new, job-relevant skills you’ve gained and supplement existing qualifications with a hard-earned, industry-specific digital certificate – plus one for every course within your ExpertTrack.

  • Learn the latest in your chosen industry or subject.
  • Complete each course and pass assessments.
  • Receive certificates validated by the educating organization.
  • Create a shareable certificate link for your CV and LinkedIn.
  • Impress employers with learning outcomes you can add to your CV.
  • Make your career dreams a reality.

Join Now this Finance Data Analysis online course for FREE.

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