Decision-Making and Scenarios Course Syllabus

Full curriculum breakdown — modules, lessons, estimated time, and outcomes.

Overview: This course provides a practical and comprehensive introduction to financial decision-making using quantitative models. Designed for beginners, it guides learners through the fundamentals of evaluating investment projects, forecasting cash flows, and applying decision-making tools in real-world business scenarios. With approximately 6 hours of content, the course combines theoretical insights with hands-on exercises, culminating in a final project that reinforces key concepts. Ideal for professionals seeking to enhance their analytical capabilities, the course offers lifetime access and a certificate of completion.

Module 1: Evaluation Criteria: Net Present Value

Estimated time: 2 hours

  • Introduction to investment project selection criteria
  • Understanding Net Present Value (NPV) as a decision-making tool
  • Exploring the time value of money
  • Assessing cost of capital in project evaluation

Module 2: Evaluating Projects

Estimated time: 1 hour

  • Techniques for analyzing incremental after-tax cash flows
  • Identifying opportunity costs and sunk costs
  • Accounting for changes in working capital
  • Performing sensitivity analysis to evaluate project risks

Module 3: Expressing Business Strategies in Financial Terms

Estimated time: 1 hour

  • Translating business activities into financial statements
  • Linking balance sheets, income statements, and cash flow statements
  • Forecasting future cash flows for strategic planning

Module 4: New Product Value

Estimated time: 1 hour

  • Applying NPV and forecasting to new product ventures
  • Setting up spreadsheets for financial modeling
  • Conducting scenario analysis for decision-making

Module 5: Final Project

Estimated time: 1 hour

  • Deliverable 1: Build a financial model for a proposed business project
  • Deliverable 2: Forecast cash flows and calculate NPV
  • Deliverable 3: Evaluate alternative scenarios and recommend a course of action

Prerequisites

  • Familiarity with basic financial concepts
  • Understanding of accounting principles
  • Basic proficiency in spreadsheet software

What You'll Be Able to Do After

  • Understand and apply Net Present Value in investment decisions
  • Analyze incremental after-tax cash flows for project evaluation
  • Translate business strategies into financial forecasts
  • Use spreadsheets to model and assess business scenarios
  • Make data-driven decisions using quantitative financial models
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