1/20/2017 Coursera|OnlineCoursesFromTopUniversities.

JoinforFree

Financial Management Specialization

Started Jan 16 Enroll
From 4,012

Become a Strategic Financial Manager

Develop an integrated nancial management framework.

About This Specialization

This Specialization covers the fundamentals of strategic nancial management, including nancial accounting, investments, and corporate
nance. You will learn to evaluate major strategic corporate and investment decisions and to understand capital markets and institutions from
a nancial perspective, and you will develop an integrated framework for value-based nancial management and individual nancial decision-
making.

The Financial Management Specialization is part of the University of Illinois iMBA Program. Each course in this Specialization also fullls a
portion of the requirements for a University of Illinois course that can earn you college credit.

When you complete the Financial Management Specialization, you will:

Have a solid foundation in developing an integrated framework for strategic nancial decision-making.

Have a thorough understanding of nancial statements and the nancial information they provide, and be able to critically evaluate and
analyze cash ows statements.

Understand the management and evaluation of portfolios and rm valuation techniques.

Understand how to incorporate risk and uncertainty into investment decisions and understand how companies make nancing and
investment decisions.

Created by:

7 courses Projects Certicates

Courses

Intermediate Specialization. Some related experience required.

https://www.coursera.org/specializations/financialmanagement 1/9
1/20/2017 Coursera|OnlineCoursesFromTopUniversities.JoinforFree

COURSE 1

Financial Accounting: Foundations

Current session: Jan 16 Feb 20.

Commitment 4 weeks of study, 4-6 hours/week

Subtitles English

About the Course

In this course, you will learn foundations of nancial accounting information. You will start your journey with a general overview of what
nancial accounting information is and the main nancial statements. You will then learn how to code nancial transactions in nancial
accounting language. In the meantime, you will learn about the most important concept in contemporary nancial accounting: accrual
accounting. You will then critically analyze how rms recognize revenues. Finally, you will nish the course with an analysis of
accounting for short-term assets where you will go into detail on how rms account for accounts receivables and inventories.

Upon successful completion of this course, you will be able to:

Understand main nancial statements and the nancial information they provide
Write a nancial transaction in nancial accounting language and understand how this impacts main nancial statements
Understand how accrual accounting and fundamental accounting concepts work
Understand revenue recognition principles and how they impact main nancial statements
Account for accounts receivables and inventories.

This course is part of the iMBA oered by the University of Illinois, a exible, fully-accredited online MBA at an incredibly competitive
price. For more information, please see the Resource page in this course and onlinemba.illinois.edu.

More Details

COURSE 2

Financial Accounting: Advanced Topics

Current session: Jan 16 Feb 20.

Commitment 4 weeks of study, 4-6 hours/week

Subtitles English

About the Course

In this course, you will explore advanced topics in nancial accounting. You will start your journey with accounting for assets with more
than one-year life. You will learn in detail how rms account for xed assets. You will then move to nancing of assets and discuss
accounting for liabilities. The course will continue with an in-depth exploration of shareholders equity. Finally, you will critically evaluate
preparation, components, and analysis of cash ows statement.

Upon successful completion of this course, you will be able to:

https://www.coursera.org/specializations/financialmanagement 2/9
1/20/2017 Coursera|OnlineCoursesFromTopUniversities.JoinforFree

Account for xed assets

Understand accounting for liabilities
Evaluate shareholders equity section of a balance sheet
Understand preparation and information provided by cash ows statement

This course is part of the iMBA oered by the University of Illinois, a exible, fully-accredited online MBA at an incredibly competitive
price. For more information, please see the Resource page in this course and onlinemba.illinois.edu.

More Details

COURSE 3

Investments I: Fundamentals of Performance Evaluation

Upcoming session: Jan 25 Mar 6.

Commitment 4 weeks of study, 6-8 hours/week

Subtitles English

About the Course

In this course, we will discuss fundamental principles of trading o risk and return, portfolio optimization, and security pricing. We will
study and use risk-return models such as the Capital Asset Pricing Model (CAPM) and multi-factor models to evaluate the performance
of various securities and portfolios. Specically, we will learn how to interpret and estimate regressions that provide us with both a
benchmark to use for a security given its risk (determined by its beta), as well as a risk-adjusted measure of the securitys performance
(measured by its alpha). Building upon this framework, market eciency and its implications for patterns in stock returns and the asset-
management industry will be discussed. Finally, the course will conclude by connecting investment nance with corporate nance by
examining rm valuation techniques such as the use of market multiples and discounted cash ow analysis. The course emphasizes
real-world examples and applications in Excel throughout. This course is the rst of two on Investments that I am oering online
(Investments II: Lessons and Applications for Investors is the second course).

The over-arching goals of this course are to build an understanding of the fundamentals of investment nance and provide an ability to
implement key asset-pricing models and rm-valuation techniques in real-world situations. Specically, upon successful completion of
this course, you will be able to:
Explain the tradeos between risk and return
Form a portfolio of securities and calculate the expected return and standard deviation of that portfolio
Understand the real-world implications of the Separation Theorem of investments
Use the Capital Asset Pricing Model (CAPM) and 3-Factor Model to evaluate the performance of an asset (like stocks) through
regression analysis
Estimate and interpret the ALPHA () and BETA () of a security, two statistics commonly reported on nancial websites
Describe what is meant by market eciency and what it implies for patterns in stock returns and for the asset-management
industry
Understand market multiples and income approaches to valuing a rm and its stock, as well as the sensitivity of each approach to
assumptions made
Conduct specic examples of a market multiples valuation and a discounted cash ow valuation

This course was previously entitled Financial Evaluation and Strategy: Investments and was part of a previous specialization entitled
"Improving Business and Finances Operations", which is now closed to new learner enrollment. Financial Evaluation and Strategy:
Investments received an average rating of 4.8 out of 5 based on 199 reviews over the period August 2015 through August 2016. You
can view a detailed summary of the ratings and reviews for this course in the Course Overview section.

This course is part of the iMBA oered by the University of Illinois, a exible, fully-accredited online MBA at an incredibly competitive
price. For more information, please see the Resource page in this course and onlinemba.illinois.edu.

https://www.coursera.org/specializations/financialmanagement 3/9
1/20/2017 Coursera|OnlineCoursesFromTopUniversities.JoinforFree

More Details

COURSE 4

Investments II: Lessons and Applications for Investors

Current session: Jan 16 Feb 20.

Subtitles English

About the Course

In this course, you will start by reviewing the fundamentals of investments, including the trading o of return and risk when forming a
portfolio, asset pricing models such as the Capital Asset Pricing Model (CAPM) and the 3-Factor Model, and the ecient market
hypothesis. You will be introduced to the two components of stock returns dividends and capital gains and will learn how each are
taxed and the incentives provided to investors from a realization-based capital gains tax. You will examine the investment decisions
(and behavioral biases) of participants in dened-contribution (DC) pension plans like 401(k) plans in the U.S. and will learn about the
evidence regarding the performance of individual investors in their stock portfolios. The course concludes by discussing the evidence
regarding the performance of actively-managed mutual funds. You will learn about the fees charged to investors by mutual funds and
the evidence regarding the relation between fees charged and fund performance. Segments of the portfolios of mutual funds that may
be more likely to outperform and examples of strategies designed to earn alpha will also be introduced.

Learners are welcome to take this course even if they have not completed "Investments I: Fundamentals of Performance Evaluation," as
the rst module contain a review of investment fundamentals and regression analysis to get everyone up to speed. Also, the course
contains several innovative features, including creative out-of-the-studio introductions followed by quick-hitting "Module in 60"
countdowns that highlight what will be covered in each module, four "Faculty Focus" interview episodes with leading professors in
nance, and a summary of each module done with the help of animations!

This course is part of the iMBA oered by the University of Illinois, a exible, fully-accredited online MBA at an incredibly competitive
price. For more information, please see the Resource page in this course and onlinemba.illinois.edu.

More Details

COURSE 5

Corporate Finance I: Measuring and Promoting Value

Creation
Current session: Jan 18 Mar 16.

Commitment 2-4 hours/week

Subtitles English

About the Course

https://www.coursera.org/specializations/financialmanagement 4/9
1/20/2017 Coursera|OnlineCoursesFromTopUniversities.JoinforFree

In this course you will learn how to use key nance principles to understand and measure business success and to identify and promote
true value creation. You will learn how to use accounting information to form key nancial ratios to measure a companys nancial
health and to manage a company's short-term and long-term liquidity needs. You will also learn how to use valuation techniques to
make sound business investment and acquisition decisions. Finally, you will learn how to incorporate risk and uncertainty into
investment decisions and how to evaluate the performance of existing investments.

Upon successful completion of this course you will be able to:

Understand how companies make investment decisions that create value for shareholders
Use accounting statements to measure the nancial health of a company
Forecast and manage a companys short- and long-term liquidity needs
Measure the contribution of a new project or acquisition to shareholder value
Incorporate risk into investment decisions using the appropriate discount rates
Evaluate the performance of a company or divisions of a company

This course was previously entitled Financial Evaluation and Strategy: Corporate Finance. The course received an average rating of 4.7
out of 5 based on 177 reviews over the period of September 2015 through August 2016. A detailed breakdown of ratings and reviews
received for the prior version of the course, which is identical in content to the current course, is provided in the course orientation
page.

This course is part of the iMBA oered by the University of Illinois, a exible, fully-accredited online MBA at an incredibly competitive
price. For more information, please see the Resource page in this course and onlinemba.illinois.edu.

More Details

COURSE 6

Corporate Finance II: Financing Investments and Managing

Risk
Upcoming session: Jan 25 Mar 6.

Subtitles English

About the Course

In this course you will learn how companies decide on how much debt to take, and whether to raise capital from markets or from
banks. You will also learn how to measure and manage credit risk and how to deal with nancial distress. You will discuss the mechanics
of dividends and share repurchases, and how to choose the best way to return cash to investors. You will also learn how to use
derivatives and liquidity management to oset specic sources of nancial risk, including currency risks. Finally, You will learn how
companies nance merger and acquisition decisions, including leveraged buyouts, and how to incorporate large changes in leverage in
standard valuation models.

Upon successful completion of this course, you will be able to:

Understand how companies make nancing, payout and and risk management decisions that create value
Measure the eects of leverage on protability, risk, and valuation
Manage credit risk and nancial distress using appropriate nancial tools
Understand the links between payout policies and company performance
Use derivatives and liquidity management to oset nancial risks
Pick an appropriate nancing package for an M&A or leveraged buyout deal

This course is part of the iMBA oered by the University of Illinois, a exible, fully-accredited online MBA at an incredibly competitive
price. For more information, please see the Resource page in this course and onlinemba.illinois.edu.

https://www.coursera.org/specializations/financialmanagement 5/9
1/20/2017 Coursera|OnlineCoursesFromTopUniversities.JoinforFree

COURSE 7

Financial Management Capstone

Starts March 2017

Subtitles English

About the Capstone Project

The Financial Management capstone will provide a learning experience that integrates across all the courses within this specialization.
You will analyze a situation taking the vantage point of a company and develop a nancial management plan (for instance, a global
company working in a specic geography chosen by students region or country of residence, or other consideration). You will design a
deliverable to create value from the perspective of potential employers while achieving pedagogical and experiential goals.

This course is part of the iMBA oered by the University of Illinois, a exible, fully-accredited online MBA at an incredibly competitive
price. For more information, please see the Resource page in this course and onlinemba.illinois.edu.

Pricing

Total Price to Enroll 28,084 25,270* 10% o

Includes

1 Financial Accounting: Foundations 4,012

2 Financial Accounting: Advanced Topics 4,012

3 Investments I: Fundamentals of Performance Evaluation 4,012

4 Investments II: Lessons and Applications for Investors 4,012

5 Corporate Finance I: Measuring and Promoting Value Creation 4,012

6 Corporate Finance II: Financing Investments and Managing Risk 4,012

7 Financial Management Capstone 4,012

* Service Tax Extra

Payment Options

Pre-Pay
Purchase all courses in a bundle and save 10%.

Pay Per Course

https://www.coursera.org/specializations/financialmanagement 6/9
1/20/2017 Coursera|OnlineCoursesFromTopUniversities.JoinforFree

Purchase each course individually, whenever you are ready.

Creators

Founded in 1867, the University of Illinois at Urbana-Champaign pioneers innovative research that tackles global problems and expands
the human experience.

Je Flesher
PhD

Oktay Urcan
Associate Professor of Accountancy

Heitor Almeida
Professor of Finance, Stanley C. and Joan J. Golder Chair in Corporate Finance

Scott Weisbenner
William G. Karnes Professor of Finance

FAQs

What is the Capstone Project?

What is the refund policy?

Can I just enroll in a single course? I'm not interested in the entire Specialization.

Is nancial aid available?

How long does it take to complete the Specialization?

What background knowledge is necessary?

https://www.coursera.org/specializations/financialmanagement 7/9
1/20/2017 Coursera|OnlineCoursesFromTopUniversities.JoinforFree

How often is each course in the Specialization oered?

What will I be able to do upon completing the Specialization?

Will I earn university credit for completing the Specialization?

Do I need to take the courses in a specic order?

More questions? Visit the Learner Help Center.

https://www.coursera.org/specializations/financialmanagement 8/9
1/20/2017 Coursera|OnlineCoursesFromTopUniversities.JoinforFree

https://www.coursera.org/specializations/financialmanagement 9/9