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
Sep 26, 2022 to Dec 05, 2022
Web-based Instruction
Schedule and Location
Contact Hours
  • Web-based Instruction
Delivery Options
Course Fee(s)
Course Fee credit (4 units) $620.00
Potential Discount(s)
Available for Credit
4 units
Section Notes

Late Registrations Notice: 

Self enrollment will be available until 11:59PM 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 11:59pm).  If you wish to enroll after that time, please contact PaCE Support at help@professional.ucsb.edu


How to Access Your Online Course:


One business day after enrollment but no sooner than 2 weeks before the beginning of the course, you will receive an email with detailed instructions on how to access your online course. You don’t need to take any action until you receive that email. Please note that you will not be able to access your online course until all the steps highlighted in that email are complete.

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 with instructions for purchasing the textbook and McGraw Hill access directly from the publisher at a discounted rate.

No refunds after 10/9/22