Fundamentals of Finance for IT Managers (1 Day) Date:TBD

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Course Title Fundamentals of Finance for IT Managers (1 Day) Date:TBD

Course Specifications
Course number UBS10003
Course length 1 Day

Course Description
You will identify the basic concepts in finance, budgeting, and costs.

Audience
This course will benefit new IT managers and other IT professionals without prior financial expertise who as a part of their job will be required to understand financial budgeting and project costing for the purposes of creating IT budgets and cost control measures.

Prerequisites
There are no prerequisite skills for this course.

Course Objectives
Upon successful completion of this course, students will be able to:
  • identify basic finance and cost concepts.
  • identify the fundamental concepts in budgeting.
  • identify the various cost estimating techniques and the methods of controlling costs.
  • evaluate certain financial statements and concepts of project appraisal.

Course Outline
Lesson 1: Getting Started with Finance Essentials
Topic 1A: Finance Fundamentals
Topic 1B: Cost Concepts

Lesson 2: Introducing Budgets
Topic 2A: Prepare a Budget
Topic 2B: Monitor and Control a Budget

Lesson 3: Manage Project Costs
Topic 3A: Estimate Project Cost
Topic 3B: Monitor and Control Project Cost

Lesson 4: Financial Decision-Making Fundamentals
Topic 4A: Investment Decision-Making Process
Topic 4B: Project Appraisal Concepts
Topic 4C: Financial Statements

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