ADMG 531 - Financial Analysis in IT and Administrative Management

Description:
Addresses the financial analysis functions necessary for an administrative or IT manager to make intelligent financial decisions and communicate effectively with financial professions. Includes understanding financial statements, accounting concepts, ratio analysis, capital budgeting, and working capital.

Prerequisites:
Co- or prerequisite: ADMG 501.

Credits:
(4)

Learner Outcomes:
Upon successful completion of this course, the student will be able to:

Identify, define, and apply accounting and financial terminology and concepts
Interpret the effects of various IT organizational transactions on the financial position of the organization
Read, analyze, and evaluate income statements, balance sheets, and cash flow statements and use the findings to make effective IT and administrative management decisions
Calculate and interpret key financial ratios important to IT and administrative managers
Calculate, interpret and apply working capital management techniques in order to optimize cash flow, focusing mainly on the management of inventory and receivables.
Identify, explain, and analyze capital budgeting techniques and the role they play in IT project management, including calculating and interpreting payback, net present value, and the internal rate of return
Use computer technologies to assist in the analysis of and preparation of IT and administrative management financial documents
Communicate effectively with financial professionals, presenting ideas using sound financial principles
Interpret current IT and administrative management financial articles

Learner Outcomes Approval Date:
5/31/2012