Course Description

The course provides students with the tools to contribute to and optimize forward-thinking financial decision making. Managers that can extract an understanding of their organization's assets, liabilities, revenue and expenses from financial statements will have a clear view of how their team’s performance will impact the company’s overall financial health.

The first segment of the course is a review of the types of financial statements that companies produce and how management, investors, and creditors analyze those statements. The course then covers the fundamental concepts of managerial finance, including the behavior of costs and costing methods, as well as the relevant costs for decision making. We will finish with the review of how investment decisions are made, focusing on the capital budgeting process and time value of money principles.

Learner Outcomes

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

  • Understand the objectives of financial reporting
  • Analyze financial statements including key ratios
  • Understand the objectives of managerial finance
  • Employ tools to make critical decisions
  • Learn the behavior of costs
  • Attribute cost methods to best understand the business/product profitability
  • Understand which costs are relevant to decision making
  • Learn how to lay out the cash flows for investment decisions for executive decision-makers
  • Employ time value of money principles to determine the financial benefit of an investment decision

Applies Towards the Following Certificates

Enroll Now - Select a section to enroll in
6:00PM to 7:30PM
Oct 05, 2023 to Dec 14, 2023
Web-based Instruction
Schedule and Location
Contact Hours
  • Web-based Instruction
Delivery Options
Course Fee(s)
Course Fee credit (4 units) $685.00
Potential Discount(s)
Available for Credit
4 units
Section Notes

Steps to Enroll

How to Access Your Online Course:
IMPORTANT: Click here for instructions on how to access your online course

Late Registrations Notice: 

Self-enrollment will be available until 11:59 PM PT of the second business day after the 1st class session (i.e. If the first class starts on Thursday, self-enrollment is open until the following Monday at 11:59 pm).  If you wish to enroll after that time, please contact PaCE Support at help@professional.ucsb.edu

Required Textbook(s):
Students are required to purchase the textbook(s) assigned by the instructor.  The instructor will provide details to the class prior to the course start date. Textbooks can be purchased from the vendor of your choice.

No refunds after 10/15/23
A minimum $40 non-refundable administrative fee per course is charged for all drops. See the full Drop Policy here.