Mastering the Time Value of Money

COURSE ID: HAME507

Course Overview

Managing a business means managing its financial resources, regardless of your job title. Your ability to make smart decisions about projects relies on your understanding of  timelines and cash-flow calculations to track cash flow and payments, the value of securities and investments, and how to determine overall cost effectiveness. To do this, you need a good working knowledge of a number of financial concepts.

This course introduces you to those concepts and shows you how to perform important calculations using financial calculators and popular spreadsheet applications. You’ll develop an intuitive understanding of the concepts and have a chance to practice applying the tools. You will come away with the tools to ensure that your company has the best possible chance of project success through managing its financial resources wisely.

* Participants in this course need one of the two financial calculators below.

  • Hewlett-Packard 12C, or
  • Texas Instruments BA II Plus

Both calculators are available at most office supply stores and from a variety of online sources. There is also a Texas Instruments BA II Plus app for iPhone and iPad , which meets the calculator requirement for this course.

This course is crucial for managers without a significant financial background who are charged with project planning, purchasing decisions, and planning capital budgeting projects. It’s for non-financial managers and people who are in a position to need to speak the language of finance and corporate accounting.