Financial Decision Making

Need a career boost? Every business depends on the acumen of its financial leaders. Learn to make profitable financial decisions from UMGC professors who have been distance educators since the birth of the Internet. This course is designed for anyone interested in improving their decision making skills. In this first MicroMasters course in Accounting and Financial Management, you will gain knowledge of the fundamental concepts of financial accounting, finance, and managerial decision making. This course investigates financial decision making in business, government, and not-for-profit organizations. Emphasis is on the application of financial and nonfinancial information to a wide range of managerial decisions, including the time value of money, financial analysis, budgeting, incremental analysis, long-term planning and cost-volume-profit analysis. A variety of decision-making tools (such as break-even analysis, activity-based costing procedures, and discounted cash flow techniques) are studied. Contemporary managerial practices are explored.This course is part of the Accounting and Financial Management MicroMaster’s program from UMGC. Upon completion of the program and receipt of the verified MicroMaster’s certificate, learners may then transition into the full UMGC Master’s Program in Accounting and Financial Management without any application process or testing. See the MicroMasters program page for more.