About this course: This course is designed to show you how use quantitative models to transform data into better business decisions. You’ll learn both how to use models to facilitate decision-making and also how to structure decision-making for optimum results. Two of Wharton’s most acclaimed professors will show you the step-by-step processes of modeling common business and financial scenarios, so you can significantly improve your ability to structure complex problems and derive useful insights about alternatives. Once you’ve created models of existing realities, possible risks, and alternative scenarios, you can determine the best solution for your business or enterprise, using the decision-making tools and techniques you’ve learned in this course.

Created by: University of Pennsylvania

Taught by: Richard Lambert, Professor of Accounting
Accounting- Wharton School
Taught by: Robert W. Holthausen, Professor
Accounting

Basic Info	Course 4 of 5 in the Business and Financial Modeling Specialization.
Commitment	4 weeks of study, 1-3 hours/week
Language	English
How To Pass	Pass all graded assignments to complete the course.
User Ratings	4.6 stars Average User Rating 4.6See what learners said

Syllabus

WEEK 1

Evaluation Criteria: Net Present Value

This module was designed to introduce you to the many potential criteria for selecting investment projects, and to explore the most effective of these criteria: Net Present Value (NPV). Through the use of concrete examples, you'll learn the key components of N...

6 videos, 2 readings

Graded: Evaluation Criteria: Module 1 Quiz

WEEK 2

Evaluating Projects

In this module, you'll learn how to evaluate a project with emphasis on analyzing the incremental after-tax cash flows associated with the project. You'll work through a concrete example using alternative scenarios to test the effectiveness of this method. You...

5 videos, 1 reading

Graded: How to Evaluate Projects: Module 2 Quiz

WEEK 3

Expressing Business Strategies in Financial Terms

This module was designed to give you the opportunity to learn how business activities, transactions and events are translated into financial statements, including balance sheets, income statements, and cash flow statements. You'll also learn how these three st...

3 videos, 1 reading

Graded: Financial Statements and Forecasting: Module 3 Quiz

WEEK 4

New Product Value

In this module, you'll apply what you’ve been learning to an analysis of a new product venture. You’ll learn how to map out a plan of the business activities, transactions and events that need to happen to implement the new venture, including their timing. You...

6 videos, 2 readings

Graded: Calculating Value: Module 4 Quiz

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Coursework

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Creators

University of Pennsylvania

The University of Pennsylvania (commonly referred to as Penn) is a private university, located in Philadelphia, Pennsylvania, United States. A member of the Ivy League, Penn is the fourth-oldest institution of higher education in the United States, and considers itself to be the first university in the United States with both undergraduate and graduate studies.

Pricing

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Access to course materials	Available	Available
Access to graded materials	Not available	Available
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Ratings and Reviews

Rated 4.6 out of 5 of 385 ratings

i enjoyed this course and feel a renewed sense of accomplishment and competency.

I loved the content and thought that this was the best course of all 4.

Basic, but still informative, introduction to decision-making in finance and business.

Although I have taken financial accounting and financial management courses before, it was due to this course that I am now able to combine knowledge from both to successfully evaluate projects. The depth of knowledge was really enlightening.

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Decision-Making and Scenarios

Decision-Making and Scenarios

Decision-Making and Scenarios