FL 8120

Financial Modeling for Decision Makers

https://ufred.ca/courses/fl-8120/

Course description

This course provides students with foundational knowledge and skills in modelling techniques and covers topics such as forecasting cash flows and projecting revenues, expenses, and financial health. Financial modelling helps business leaders make informed decisions and plans about business goals and projects, whether planning for current operations or for capital projects and business growth. Leaders of startups, established global enterprises, or nonprofit organizations benefit from understanding how financial modelling enhances knowledge about the potential impact of business decisions on revenue and expense streams, cash flow, and profitability. Students will explore additional topics, such as using scenarios, sensitivity, and other tools to better understand the financial situation and risks facing business organizations. The course will assist decision-makers in preparing and managing business projects and actions through practical applications such as case analyses and team projects.