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Updated in [June 30th, 2023]
This four-week course provides an introduction to financial analysis tools and capital projects for those looking to support data-driven decision making. Participants will learn about fundamental data analysis tools, such as regression and sensitivity analysis, and explore capital projects and their relevance to organisations. By developing their finance skills, participants will be able to contribute to successful capital projects at their organisation. This course is suitable for finance professionals seeking career advancement or better communication skills, or managers looking to strengthen key finance skills. Participants will need access to Tableau Public and Excel, and it is recommended that they use a computer to access the course.
[Applications]
Upon completion of this course, participants can apply their knowledge of financial analysis tools and capital projects to their own organisations. They can use the data analysis tools they have learned to support data-driven decision making, and understand the importance of financial analysis in capital projects. Participants can also build on their knowledge by taking further courses from the same provider, such as Financial Analysis for Business Decisions: How to Use Tableau and Financial Modelling and Financial Analysis for Business Decisions: Cash Flow Management.
[Career Paths]
One job position path recommended for learners of this course is a Financial Analyst. Financial Analysts are responsible for analyzing financial data and providing insights to help inform business decisions. They use financial analysis tools such as regression and sensitivity analysis to evaluate the costs, risks, and benefits of different methods. Financial Analysts also play a key role in capital projects, helping to assess the financial viability of the project and make recommendations for improvement.
The development trend for Financial Analysts is towards increased data-driven decision making. As organizations become more data-driven, the demand for Financial Analysts with strong data analysis skills is expected to increase. Financial Analysts will need to be able to use data analysis tools to evaluate different methods and make informed decisions. They will also need to be able to communicate their findings to stakeholders in a clear and concise manner.
[Education Paths]
The recommended educational path for learners of this course is to pursue a degree in finance or business. This degree will provide a comprehensive understanding of financial analysis and data-driven decision making. It will also cover topics such as financial modelling, cash flow management, and capital projects. The degree will also provide an understanding of the development trends in the field, such as the increasing use of data analysis tools and the importance of financial analysis for decision making.