Fundamentals of Business Finance, with Goldman Sachs 10,000 Women
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Fundamentals of Business Finance, with Goldman Sachs 10,000 Women
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What you'll learn
Define and discuss the basic building blocks of financial statements: assets, liabilities, equity, revenue and expenses.
Interpret two key financial statements (Income Statement and Balance Sheet) to drive business decisions.
Identify the key business ratios that can be calculated using your Income Statement and Balance Sheet.
Skills you'll gain
- Profit and Loss (P&L) Management
- Business Mathematics
- Asset Management
- Business Metrics
- Entrepreneurial Finance
- Financial Data
- Financial Accounting
- Financial Statements
- Gross Profit
- Small Business Accounting
- Revenue Recognition
- Balance Sheet
- Business Acumen
- Financial Acumen
- Income Statement
- Financial Statement Analysis
- Financial Analysis
Details to know
3 assignments
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There is 1 module in this course
This free online course is one of 10 courses available in the Goldman Sachs 10,000 Women collection, designed for entrepreneurs ready to take their business to the next level.
This course will introduce you to business finance, and show you how to use financial statements to understand and monitor your company’s financial position in order to make key business decisions. The exercises will introduce you to the Income Statement and Balance Sheet. Interpreting these statements and calculating key financial ratios such as net profit margin and current ratio will give you a clear understanding of your current business performance. With this information, you will have the skills to assess the financial implications of your growth opportunity more accurately. The 10,000 Women course collection offers a truly flexible online learning experience. You have the freedom to approach the program in any way that works for you – take any course, or combination of courses, to tailor your learning journey to your individual business growth needs. If you choose to take all 10 courses, you will explore all the key elements of your business and develop a thorough plan for your business’s growth. You can find out more about the Goldman Sachs 10,000 Women collection in the FAQs.
This course explores why understanding and monitoring your financial position is essential when making business decisions to drive your business’s growth. The exercises contained in this course help you to understand and interpret two key financial statements that are crucial when growing your business. The aim of the course is for you to understand the current financial performance of your business.
What's included
7 videos17 readings3 assignments2 discussion prompts6 plugins
7 videos•Total 22 minutes
- Welcome•3 minutes
- Understanding key financial terms•3 minutes
- What is an Income Statement?•4 minutes
- What is a Balance Sheet?•2 minutes
- Using finances to analyze business progress•4 minutes
- Using financial ratios•3 minutes
- The importance of managing your business finances•3 minutes
17 readings•Total 79 minutes
- Getting started•10 minutes
- Introducing financial terminology•2 minutes
- Introducing Income Statements•2 minutes
- Why is an Income Statement important?•5 minutes
- Recording information on Income Statements•5 minutes
- Introducing the Balance Sheet•2 minutes
- Why is a Balance Sheet important?•5 minutes
- Preparing to analyze business progress•2 minutes
- Why is it important to interpret financial statements?•2 minutes
- How can financial ratios help your business analysis?•2 minutes
- Profitability ratios•5 minutes
- Stability ratios•5 minutes
- Preparing to calculate your financial ratios•5 minutes
- Next steps for your analysis•5 minutes
- Recording your progress•10 minutes
- Congratulations•10 minutes
- Progressing to the next course in 10,000 Women•2 minutes
3 assignments•Total 40 minutes
- Check your understanding (Exercise 2)•5 minutes
- Check your understanding (Exercise 4)•5 minutes
- End of course assessment•30 minutes
2 discussion prompts•Total 20 minutes
- Discuss your current approach•10 minutes
- How could you use these financial statements for your business?•10 minutes
6 plugins•Total 80 minutes
- Join the 10,000 Women Mailing List•15 minutes
- Income Statements in detail (Exercise 1)•10 minutes
- Balance Sheets in detail (Exercise 3)•15 minutes
- Check your understanding (Exercise 5)•10 minutes
- Analyzing business progress (Exercise 6)•15 minutes
- Your financial ratios (Exercise 7)•15 minutes
Instructors
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- Status: Free
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- Status: FreeG
Goldman Sachs
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- Status: Free
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- 4 stars
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Reviewed on Nov 25, 2024
it is the best for me to understand about business... or if I want to build a business
if I become a business man in the future... atleast I have an idea about business ... Thank you
Reviewed on May 19, 2023
This course is an eye opener. It made me understand the financial statements in a way that I can analyse my statements and be able to take business decisions
Reviewed on Jul 20, 2020
A very good course for helping you understand the true meaning of your financial statements which helps you take calculated decisions for your business.
Frequently asked questions
Goldman Sachs 10,000 Women is a collection of 10 core courses which provide a practical business education – strengthening your business knowledge, skills and plans for growth. This core collection is supplemented by a range of shorter elective courses. The courses are suitable for any entrepreneur looking to take their business to the next level.
There is not a certificate offered for completion of individual courses in the 10,000 Women collection. (The FAQ above is a standard Coursera message and does not apply to this course.)
No. Goldman Sachs 10,000 Womenoffers a flexible online learning experience. You can take any course, or combination of courses, to tailor your learning journey to your individual business growth needs. Participants find that completing all 10 core courses enables them to explore all the key elements of their business and develop a thorough plan for their business’s growth.
More questions
Financial aid available,
