Financial Analysis: A Recipe for Success

Quantify and present your ideas like a financial pro!
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  • Lectures 14
  • Length 1.5 hours
  • Skill Level All Levels
  • Languages English
  • Includes Lifetime access
    30 day money back guarantee!
    Available on iOS and Android
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About This Course

Published 4/2014 English

Course Description

In charge of the family’s retirement planning? Need to create a multi-year project budget or recommend project investments at work? Considering a career in finance? In just two weeks and 12 short segments, this course will teach you how to conduct a financial analysis from start to finish, just like following a recipe!

Rather than learning this process using the large corporate projects found in most textbooks, you’ll learn how to apply financial analysis to your own personal projects and workplace initiatives. You’ll discover how the pros come up with their budget estimates, and how they present their quantitative results in a qualitative fashion when requesting or justifying funding.

What are the requirements?

  • A computer that connects to the internet.
  • Although students can use the “draw tables” function in Word (or other word processing software) to prepare the budgets in this course, it is preferable that students use spreadsheet software, such as Excel or Numbers for easier presentation of data. No knowledge of spreadsheet function beyond basic familiarity (insert a row/column, expand a column) is required. Also, access to either a manual or online calculator with a “powers” function (x y, y x, or ^ key) is desirable.

What am I going to get from this course?

  • At the end of this course, a student will be able to determine if a multi-year project will make a profit and how much, with the goal of presenting project financials in a format that resonates with funding providers. Course objectives include:
  • Prepare a multi-year Zero-Based Budget for a project
  • Compute the Net Present Value, Return on Investment, and Discounted Year of Payback for a project
  • Conduct a Financial Analysis that incorporates risk

Who is the target audience?

  • Students of Project Management, Finance, and Accounting, as well as anyone wishing to request funding for a multi-year project.

What you get with this course?

Not for you? No problem.
30 day money back guarantee.

Forever yours.
Lifetime access.

Learn on the go.
Desktop, iOS and Android.

Get rewarded.
Certificate of completion.



In this course, can learn how to conduct a full financial analysis just like following a recipe.

So grab your potholders because we’re about to start cooking lessons! And unlike “cooking the books”, cooking up a Financial Analysis is more likely to get you OUT of trouble than into trouble.

So on behalf of DeVry University and Keller Graduate School of Management, welcome to “Financial Ananlysis: A Recipe for Success"!

Would you like more information about DeVry University degree programs? Email us at

Devry University


Welcome to the second segment of “A Recipe for Financial Analysis” series! I’m Professor Ellen Jakovich and we’ll be walking through some things we should understand about Zero-Based Budgets before attempting one. This step is like sharpening knives before starting to cook – it makes the process a whole lot easier.

Devry University


Hello again! I’m Professor Ellen Jakovich and I’d like to welcome you to the third segment in our series “A Recipe for Financial Analysis”! Now I know you’re itchin’ to get into the kitchen, but we have just a little more prep work to do! And for those of you taking courses that involve Time Value of Money principles, you might find this the most useful part of the course! So let’s jump in.

Devry University


I’m Professor Ellen Jakovich and it’s now time to start our second class “Zero-Based Budgeting: Into the Mix”. I hope you scrubbed your hands because it’s time to throw a little flour around! As an apprentice, you’ll start off by learning how to figure out what our project’s expenses or Cash Flows Out are. This can get pretty detailed, but don’t worry! You’ve got a Chef showing you the ropes!

Devry University


I’m Professor Ellen Jakovich and I knew you couldn’t stay away. We’ve got flour in our hair and the kitchen is a disaster, but just like me you simply HAD to know if your yo-yo company will make a profit! And that’s exactly what we’re going to figure out in this segment of our “A Recipe for Financial Analysis” series.

Devry University


Welcome back to the “A Recipe for Financial Analysis” series. I’m Professor Ellen Jakovich and it’s time to Chef it up in the kitchen! You earned your Apprentice certificate when you completed your first Zero-based Budget completely from scratch in the last two segments. But now it’s time to see if we can improve upon near-perfect by adding a few fancy ingredients to our Zero-based Budget Mix.

Devry University


I’m Professor Ellen Jakovich, and you’ve just completed 2 full classes in our “A Recipe for Financial Analysis” series. The toughest work is behind us now! The kitchen has that decadent aroma of numbers, and I can almost taste that completed Financial Analysis. So let’s roll up our sleeves, preheat the oven, and get cooking!

Devry University


I’m Professor Ellen Jakovich, and in our last segment, I left you with a beginning chef’s task. You were to cook up the Net Present Value of Yo-Yo Company’s Net Cash Flows using first a discount rate of 7.5% and then a discount rate of 13%.

Devry University


I’m Professor Ellen Jakovich! Welcome back to our “A Recipe for Financial Analysis” series. So far we’ve organized our project’s cash flows into a Zero Based Budget, we’ve calculated the Net Present Value of those cash flows, and then we found our project’s Return on Investment. We’ve been cooking for quite a while now, but the timer hasn’t gone off because our dish is not quite ready yet. So now we’re about to complete the final number-crunching step of a Financial Analysis before we take it out of the oven and figure out if these numbers edible. This last step is to calculate our Discounted Payback, also called Discounted Year of Payback.

Devry University


You’ve hung on through Zero-based Budgeting and the number-crunching part of Financial Analysis. Now you’re finally at the best part of the course—learning what to DO with all those numbers you just pulled hot from the oven! They’re not yet ready for consumption, but mmm do they smell good! So welcome back to our “A Recipe for Financial Analysis” series, because we’re going to put the final touches on our creation. I’m Professor Ellen Jakovich, and in this segment, we’ll talk about risk and how it affects the decision of what project you should put your money into.

Would you like more information about DeVry University degree programs? Email us at

Devry University


I’m Ellen Jakovich, and you and I have sliced, diced, stirred and cooked our way to a Financial Analysis feast! Now finally, it’s the moment we’ve been waiting for—it’s time to sit down at the table, take a bite, and see how good our creation is! Is this something we would serve to others proudly? We’ll never know till we analyze our dish by digging in. So welcome back to our “A Recipe for Financial Analysis” series, because it’s time to put the “analysis” into Financial Analysis!

Devry University


Welcome to the last segment of our "A Recipe for Financial Analysis" series. I'm Professor Ellen Jakovich and together we've come a long way from reading the recipe. You started as an Apprentice, but now you're ready to cook up a Financial Analysis on your own.

Would you like more information about DeVry University degree programs? Email us at

Devry University

End of Course Information

Devry University

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Instructor Biography

The mission of DeVry University is to foster student learning through high-quality, career-oriented education integrating technology, science, business and the arts. The university delivers practitioner-oriented undergraduate and graduate programs onsite and online to meet the needs of a diverse and geographically dispersed student population.

Instructor Biography

Ellen Jakovich, CPA and Professor of Accounting & Finance

From U.S. Marine to purple-haired CPA, Professor Ellen Jakovich is a self-proclaimed “nerd-of-all-trades” who has worked in IT, communications, finance, electronic engineering, project management, accounting, and served as ghost writer of congressional testimony and official speeches. After laying down her rifle in 2004, she was hired by DeVry University & Keller Graduate School to teach finance and accounting full-time and has been teaching ever since. Professor Jakovich has her bachelor’s in Electronic Engineering Technology from Texas A&M, a Master of Science in Finance from George Washington University, and a Masters of Accounting & Financial Management from Keller Graduate School. She lives in Arlington, Virginia with her husband and two teenage boys, and loves to globe-trot in both real and virtual worlds. She also loves annoying the neighbors with her fledgling attempts at classical harmonica and working to expand real-world education onto virtual world platforms—all in her not-so-spare time. And yes, her hair is purple! Who says accountants have to be boring?!!!

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