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Business Finance Foundations

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99.1K+ Learners
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Beginner

Be ready to advance your knowledge of Business Finance with this free online course. Learn about the role of the Finance Manager through various examples that will make it easy for you to understand the concepts well.

What you learn in Business Finance Foundations ?

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Accounting
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Balance Sheet
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Profit & Loss Statement
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Cash Flow Statement

About this Free Certificate Course

This Business Finance Foundations course is a 2.5-hour course that begins with an overview of Business Finance. This online business finance course will further introduce learners to different accounting and business finance concepts. These concepts will be explained with the help of examples taken from the real financial statements of companies so that it remains practical learning for the students.  Get access to reference materials to help you better comprehend financial statements such as balance sheets, cash flow statements, and profit and loss statements. The course progress will be evaluated using a quiz at the end of each module.


Do you wish to take your career in Finance ahead? Enroll in our Executive Management course that lets you choose a Finance specialization and advance your career through cutting-edge skills in finance. 

Course Outline

Business Finance Overview – Role of a Finance Manager

Learn the basic responsibilities of a finance manager. This session will walk you through the financial decisions that must be made in order for a firm to run smoothly.

 

Accounting Vocabulary

In this session, you will become familiar with accounting and its various terms from different perspectives.

 

Accounting – seen through Business Lens

Understand Accounting and its users in detail. The session will also walk you through the requirements that must be observed when recording transactions in financial statements.

 

Examples of Accounting Transactions

Understand accounting transactions with a variety of examples in this session. Find out how these transactions will be documented as well.

Balance Sheet of Tata Steel - Asset Side

The session will explain what a balance sheet is and how it works. After you've mastered the fundamentals, you'll be guided through Tata Steel Limited's Balance Sheet to help you grasp the concept. This session will be completely focused on the Asset side of the Balance Sheet. 

 

Balance Sheet of Tata Steel - Liabilities side

This session will lead you to the liabilities section of the balance sheet. With the use of an actual Tata Steel Limited balance sheet, the components will be described. Learn to distinguish between current and noncurrent liabilities.

 

Profit & Loss Statement

Having understood the Balance sheet, let's move toward the Profit & Loss Account, which is another type of financial statement crucial for the companies.  Understand what a Profit & Loss Account is, its components, exceptional items, and how it works.

 

Cash Flow Statement

You will understand the meaning of “cash flow statement” at the beginning of this module. This module will also take you through its various components, like Cash Flow from Operating Activities, Investing Activities, and Financing Activities, before presenting a sample Cash Flow Statement for your understanding.
 

 

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Business Finance Foundations

With this course, you get

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2.5 Hours

of self-paced video lectures

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Frequently Asked Questions

What are the prerequisites required to learn a Business Finance Foundations course?

To take the Business Finance Foundations course, you need to have an interest in learning finance. This is a beginner course and even a person with no knowledge about business finance can take up this course.

 

How long does it take to complete this free Business Finance Foundations course?

This free Business Finance Foundations course contains 2.5 hours of video content and a quiz. It's on you how much time you want to take to complete the course. In one go, the course should not take more than 3-4 hours. 

 

Will I have lifetime access to the free Business Finance Foundations course?

Yes. The learners once enrolled in the free Business Finance Foundations course, will get lifetime access to it.

 

What are my next learning options after this Business Finance Foundations course?

After completing this Business Finance Foundations course, the learners can opt for Management courses to discover various career options. The Executive PG Program in Management is the best option for the learners as it provides a finance specialization that can strengthen the finance skills and knowledge and can help you advance your career in the field.

Is it worth learning Business Finance Foundations?

Yes. It is worth doing a Business Finance course because understanding finance can help you a lot professionally. You can:

  • Analyze the financial health of your business
  •  Interact better with your company's finance source
  •  Understand the capital markets and investments
  • Know what future actions can be taken

 

What are Business Finance Foundations used for?

Business Finance Foundations are used to understand the financial health of the company and how to record financial transactions. There is a lot more than this you would witness in this free business finance course. Refer to the syllabus for the same. 

 

Why is the Business Finance Foundations course so popular?

The Business Finance Foundations course is popular because it teaches the fundamentals of business finance that is necessary for every financial expert to excel in their career. The job markets for financial experts are exploding. This basic course will help you to clear the basics first and then move towards the advanced courses in finance. 

 

What jobs demand that you learn Business Finance Foundations?

These are some of the jobs that demand you to learn Business Finance Foundations:

  • Accountant
  • Financial Analyst
  • Finance Assistant

These are some of the entry-level jobs that you can get after completing this course but some really high salary jobs in finance are available that you can achieve after completing a degree course in finance or accounting/ MBA in finance. 

Finance is a highly competitive sector, and you must upskill yourself with high-quality education and knowledge to succeed in it.

Will I get a certificate after completing this Business Finance Foundations course?

Yes. After the course completion, you will receive a Certificate of Completion stating that you have successfully completed a free online course. Great Learning Academy will provide the certificate and it will be available on your dashboard within 24 hours of successful course completion. 

 

What knowledge and skills will I gain upon completing this Business Finance Foundations course?

Upon completing this Business Finance Foundations course, you will gain:

  • Knowledge of Accounting statements.
  • Components of Accounting Statements.
  • Process of recording entries in the financial statements.
  • Skills to make financial decisions.

How much does this Business Finance Foundations course cost?

This Business Finance Foundations course is free of cost. A learner can enroll in the course without paying anything.

 

Is there a limit on how many times I can take this Business Finance Foundations course?

Yes. You can take this Business Finance Foundations course only once but you access its learning material for a lifetime. 

 

Can I sign up for multiple courses from Great Learning Academy at the same time?

Yes, you can sign up for multiple courses from Great Learning Academy at the same time. There is no limit for the same.

Why choose Great Learning Academy for this Business Finance Foundations course?

Choose Great Learning Academy for this Business Finance Foundations course because of these reasons:

  • Free online course.
  • Updated content.
  • Explanation with the help of examples.
  • Certificate of completion. 
  • Empowerment of learners through knowledge and skills of finance.
  • A plethora of choices for enrolling in free certificate courses of several domains.

Who is eligible to take this Business Finance Foundations course?

Anyone with an interest in finance and wishes to start a career in finance can enroll in this course. 

 

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