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Finance for Non-Finance

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Finance for Non-Finance

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Gain insight into a topic and learn the fundamentals.
Beginner level

Recommended experience

3 hours to complete
Flexible schedule
Learn at your own pace

Gain insight into a topic and learn the fundamentals.
Beginner level

Recommended experience

3 hours to complete
Flexible schedule
Learn at your own pace

What you'll learn

  • Understand the difference between capital and revenue expenditure and their impact on your business.

  • Learn how to prepare and manage budgets, and understand their effect on business decisions.

  • Get hands-on experience with financial statements and analyze cash flow, profit, and balance sheets.

  • Gain insight into how to manage costs, control variances, and improve financial performance.

Details to know

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Assessments

3 assignments

Taught in English

There is 1 module in this course

This course features Coursera Coach!

A smarter way to learn with interactive, real-time conversations that help you test your knowledge, challenge assumptions, and deepen your understanding as you progress through the course. In this course, you will gain a comprehensive understanding of key financial concepts and how they impact business decisions. By the end, you will be equipped to make informed decisions that improve profitability, cash flow, and overall business performance. You will also learn the basics of financial statements, budgeting, and cost management, empowering you to confidently engage in financial discussions within your organization. You will begin by exploring fundamental financial concepts such as capital vs. revenue expenditure, cost behavior, and budgeting. Then, you’ll dive deeper into understanding core financial statements like the balance sheet, profit & loss statement, and cash flow statement. You will also learn about depreciation, ratio analysis, working capital management, and how to analyze financial data to make better decisions. Throughout the course, you’ll gain hands-on experience with key financial tools such as variance analysis, financial forecasting, and controlling costs. Real-world applications like understanding cash flow, financial records, and funding options will be covered, helping you to apply your knowledge practically in your professional role. This course is perfect for business professionals and managers who want to develop a solid financial foundation. No prior finance experience is necessary, but a basic understanding of business concepts is helpful. The course is designed for beginners, and it will help those in non-financial roles confidently participate in discussions about finance and make decisions that align with the company’s financial goals.

In this module, we will explore fundamental financial concepts tailored for non-finance professionals. You will learn how to understand financial statements, differentiate between types of expenditures, and make informed decisions that influence business profitability and cash flow. This section is designed to give you the tools to effectively navigate financial language and practices, empowering you to contribute to your organization’s financial health.

What's included

22 videos1 reading3 assignments

22 videosTotal 65 minutes
  • Capital Expenditure vs Revenue Expenditure3 minutes
  • Cost Behaviour3 minutes
  • How To Put Together A Budget3 minutes
  • How Your Day To Day Decisions Impact Profit & Cash Flow3 minutes
  • Introduction To Accountancy & Finance2 minutes
  • The Definitions Of Commonly Used Financial Terms4 minutes
  • The DNA Of A Balance Sheet3 minutes
  • The DNA Of A Cash Flow Statement3 minutes
  • The DNA Of A Profit & Loss Statement3 minutes
  • The Effects Of Depreciation2 minutes
  • Understanding Ratio Analysis & How To Use It2 minutes
  • Understanding The 3 Main Accountancy Statements3 minutes
  • Understanding Working Capital: What Is It? How Can We Manage It?3 minutes
  • Variance Analysis & Reforecasting3 minutes
  • Why Cash Doesn't Equal Profit2 minutes
  • Data Analysis4 minutes
  • Cash Flow3 minutes
  • Budgets3 minutes
  • Finance & Funding3 minutes
  • Financial Forecasting3 minutes
  • Financial Records4 minutes
  • Reviewing & Controlling Costs2 minutes
1 readingTotal 10 minutes
  • Full Course Resources10 minutes
3 assignmentsTotal 90 minutes
  • Full Course Practice Assessment15 minutes
  • Finance for Non-Finance - Assessment15 minutes
  • Full Course Assessment60 minutes

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Frequently asked questions

Yes, you can preview the first video and view the syllabus before you enroll. You must purchase the course to access content not included in the preview.

If you decide to enroll in the course before the session start date, you will have access to all of the lecture videos and readings for the course. You’ll be able to submit assignments once the session starts.

Once you enroll and your session begins, you will have access to all videos and other resources, including reading items and the course discussion forum. You’ll be able to view and submit practice assessments, and complete required graded assignments to earn a grade and a Course Certificate.

If you complete the course successfully, your electronic Course Certificate will be added to your Accomplishments page - from there, you can print your Course Certificate or add it to your LinkedIn profile.

This course is currently available only to learners who have paid or received financial aid, when available.

Yes. In select learning programs, you can apply for financial aid or a scholarship if you can’t afford the enrollment fee. If fin aid or scholarship is available for your learning program selection, you’ll find a link to apply on the description page.

Financial aid available,