Financial Analysis for Business Performance: Data-Driven Decision Making

BY
Futurelearn

Learn how to use financial analysis to support data-driven decision making in the company to increase cash flows and profitability.

Mode

Online

Duration

4 Weeks

Quick Facts

particular details
Collaborators Coventry University, Coventry
Medium of instructions English
Mode of learning Self study
Mode of Delivery Video and Text Based
Learning efforts 4 Hours Per Week

Course overview

Facts, metrics, and analysis are connected with better earnings, stronger performance, and a longer lifespan of a company. The 4 weeks Financial Analysis for Business Performance: Data-Driven Decision Making online course explores cultural change and better communication that are frequently required, as well as improved data analysis abilities within the organization. 

The Financial Analysis for Business Performance: Data-Driven Decision Making training by FutureLearn helps to Improve current analysis abilities, acquire new reporting approaches, and share critical data to assist strategic decision-making to help an organization become more data-driven. The course teaches how to transform financial insights into good action by gaining competence and understanding.

To enhance the organization's financial performance, the Financial Analysis for Business Performance: Data-Driven Decision-Making syllabus teaches how to apply several techniques. Based on the business's particular needs and circumstances, students may utilize the tools and approaches they'll learn in this course to support recommendations for enhancing the financial performance of the company.

The highlights

  • Course provider FutureLearn
  • Online learning
  • Endorsed by Coventry University
  • In collaboration with Xero
  • 4 hours per week
  • Completion certificate
  • Self-paced learning
  • 4 weeks duration
  • Video lectures

Program offerings

  • Social learning
  • Activities
  • Short-form articles
  • Bookmarking
  • Case studies
  • Practical activities
  • Recorded lectures
  • Experttracks
  • Assessments

Course and certificate fees

Financial Analysis for Business Performance: Data-Driven Decision Making Fees

Course

Fee

Financial Analysis for Business Performance: Data-Driven Decision Making

₹900/month

  • Candidates will get a 7-day free trial on the Futurelearn portal. After the completion of the free trial, they have to take the monthly subscription on the futurelearn portal of ₹900/month.
certificate availability

Yes

certificate providing authority

Futurelearn

Who it is for

Eligibility criteria

Certification Qualifying Details

To qualify for the Financial Analysis for Business Performance: Data-Driven Decision Making certification, candidates must finish the online course syllabus, exams, projects, assignments, and other classroom activities. A candidate who successfully completes the program will receive a certificate of completion as proof of their learning accomplishments and progress.

What you will learn

Financial knowledge Accounting proficiency

After completing the Financial Analysis for Business Performance: Data-Driven Decision Making online training, Candidates will learn how to use data and analysis to improve business performance; communicating it and converting it into effective strategic choices. Candidates will also learn how to explain important facts and procedures needed to support data-based business decision-making in order to strengthen the organization as a whole.

The syllabus

Week 1: Introduction to the course and financial performance

  • Welcome to the course
  • Levers to improve financial performance
  • Week 1 wrap up

Week 2: Improving financial performance

  • Welcome to Week 2
  • Data-driven performance decisions
  • Delivering actionable value
  • Week 2 Wrap-up

Week 3: Business decision making: Part 1

  • Welcome to Week 3
  • Introduction to data analytics and data-driven decision making
  • Week 3 Wrap-up

Week 4: Business decision making: Part 2

  • Introduction
  • Types of data
  • Data-driven decision making
  • Week 4 Wrap-up

Admission details

To get admission to the Financial Analysis for Business Performance: Data-Driven Decision Making training by FutureLearn, follow the steps mentioned below:

Step 1. Follow the given URL to visit the official course page of FutureLearn (https://www.futurelearn.com/courses/financial-analysis-business-performance-data-driven-decision-making)

Step 2. Click the ‘Start your free 7-day trial’ button to start the admission process

Step 3. Make an account on the FutureLearn website by providing personal information such as Name, Age, Email

Step 4. Fill in the billing address, payment information and click the ‘Subscribe’ button to begin the program

Step 5. Pay a monthly fee to continue after the 7-day trial period.

How it helps

Candidates pursuing Financial Analysis for Business Performance: Data-Driven Decision Making course from FutureLearn will be benefited in the following ways:

  • Identify the various techniques that may be used to improve an organization's financial performance.
  • Justify proposals for increasing financial performance based on the company's current condition.
  • Learn key data and procedures necessary to support corporate decision-making should be articulated.

Instructors

Ms Alysha Randall

Ms Alysha Randall
Chief Finanacial Officer
Freelancer

FAQs

What is meant by data-based decision making?

Data-based decision-making refers to the continual process of gathering and evaluating various forms of data in order to steer decisions toward improvement.

How is data used in decision making?

Data is used to gather, extract and evaluate information which results in guiding the process of decision making.

What are 3 kinds of decision making?

Operational decision making, tactical decision making, and strategic decision making are the 3 kinds of decision making.

What is the role of financial analysis in the decision-making process?

Financial analysis assists in business operations in responsibly realizing and understanding the firm's condition and making appropriate decisions based on it.

Why is financial analysis important?

Financial analysis assists organizations in increasing their cash flow, profitability and value.

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