Business Acumen Series
Finance Essentials
Frameworks for Improving Your Decision-Making Skills
Noteworthy Quote: "You don't get paid for the hour. You get paid for the value you bring to the hour." — Jim Rohn
Program Overview
By understanding to what extent a particular unit, project or idea adds value to an organization, we can better allocate scarce resources and improve operational and financial decision making in a way that creates economic value. This workshop explores the tools and concepts that help us use financial data for decision making, analysis, and valuation. It will help participants to better communicate the basis of their decisions and compete successfully for scarce resources. Broadly, the workshop's objectives are to:
- Understand fundamental finance concepts
- Become familiar with the key analytical tools related to those fundamental concepts
- Apply these tools to solve problems and use problem solutions to make decisions
Who should attend?
This workshop is designed for any professional seeking to improve their knowledge and skills with regards to accounting and finance. Participants typically include new managers and directors, middle managers, and experienced managers identified as having executive potential that need to better communicate and interact with CFOs and other senior accounting and finance executives within the organization or within key client organizations.
How will this benefit you and your organization?
The workshop will include interactive discussions as well as hands-on analysis, with participants applying what they are learning to a variety of examples. Participants will walk away with a set of tools and techniques that will allow them to make better decisions in both their professional and personal lives.
What topics are covered?
Financial Essentials will incorporate and stress the practical application of finance tools to real-life issues, without sacrificing the theoretical rigor that will enable you to better apply what you learn in a variety of situations. The workshop will begin with a brief introduction to finance and walk through several examples to demonstrate the most fundamental finance tools and techniques. We will then explore more fully each component of the basic valuation model and apply it in the context of various capital budgeting situations. Topics include:
- Basic valuation tools and techniques: the time value of money and basic stock and bond valuation.
- Understanding commonly used investment analysis tools including IRR, payback and NPV, and the costs and benefits of each approach.
- Using discounted cash flow analysis to make capital spending decisions; identifying incremental cash flows, how to treat opportunity costs and sunk costs.
Faculty
James S. Linck is an associate professor in banking and finance at the Terry College of Business and a leading authority on issues related to corporate finance, corporate governance, and corporate control. Jim has taught numerous courses at the MBA and Executive MBA level in the areas of managerial finance, valuation and financial statement analysis, and corporate control, among others. He is well-known for his use of innovative approaches to teaching across a variety of programs, and has received numerous teaching awards. Prior to entering academia he held various accounting and finance positions at businesses such as Intel, NCR, Ernst & Young, and IBM. Jim has authored numerous articles in top business and finance journals. He earned a PhD in Finance from Arizona State University, and an MBA from the University of Michigan.
*The Terry College of Business and The Office of Executive Programs reserve the right to change this workshop's instructor without prior notice to participants.
Duration and Cost
This is a one-day workshop held from 8:30 am to 4:30 pm at the UGA Terry Executive Education Center located at 3475 Lenox Road, Suite 300, in Buckhead. In 2009, this workshop is offered on:
- Wednesday, March 3
The workshop fee is $750. A 10% discount is available to companies that send a team of two or more to the same workshop. The registration deadline for the March 3 workshop is March 2.
The Terry College of Business offers sixteen (16) different one-day workshops in the areas of leadership, operations management, accounting and finance, sales and marketing, and strategy. If a person completes six (6) workshops within a 12-month period they receive a University of Georgia Terry Certificate in Business Management. If a person completes ten (10) workshops, including all four of the workshops in the leadership series, within a 24-month period they receive a University of Georgia Terry Advanced Certificate in Business Leadership.
Registration Options
Register a group of two or more »
Please contact the Office of Executive Programs at 706-425-3051 for more information.
Contact Information
University of Georgia
Executive Education Center in Atlanta
One Live Oak Center
3475 Lenox Road
