Financial Analysis: A Recipe for Success
4.4 (628 ratings)
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Financial Analysis: A Recipe for Success

Quantify and present your ideas like a financial pro!
4.4 (628 ratings)
Instead of using a simple lifetime average, Udemy calculates a course's star rating by considering a number of different factors such as the number of ratings, the age of ratings, and the likelihood of fraudulent ratings.
19,490 students enrolled
Last updated 5/2014
English
Price: Free
Includes:
  • 1.5 hours on-demand video
  • 1 Article
  • Full lifetime access
  • Access on mobile and TV
  • Certificate of Completion
What Will I Learn?
  • 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
View Curriculum
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.
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.

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.
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Curriculum For This Course
14 Lectures
01:28:37
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PREPPING THE COOK
3 Lectures 20:49

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 dvumooc@devry.edu.

Devry University

Course Overview
06:23

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

Zero-Based Budget Set Up
07:08

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

Financial Analysis Set Up
07:18
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ZERO BASED BUDGETING: INTO THE MIX
3 Lectures 18:49

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

Cash Flows Out – Apprentice
08:36

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

Cash Flows In
04:42

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

Cash Flows Out – Gourmet
05:31
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FINANCIAL ANALYSIS: INTO THE OVEN
3 Lectures 23:59

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

Net Present Value
08:22

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

Return on Investment
05:10

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

Discounted Payback
10:27
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INTERPRETING YOUR RESULTS: HOT FROM THE OVEN
5 Lectures 24:38

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 dvumooc@devry.edu.

Devry University

Risk Level
09:14

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

Putting the Analysis into Financial Analysis
08:10

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 dvumooc@devry.edu.

Devry University

Final Exercise
06:00

End of Course Information
01:14

Devry University

Survey
IFrame
About the Instructor
DeVry University MOOC
4.2 Average rating
11,281 Reviews
128,327 Students
3 Courses
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.
Ellen Jakovich
4.4 Average rating
628 Reviews
19,490 Students
1 Course
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?!!!