Financial Management: Business Dynamics and Decision-Making

Description

The course begins with an insightful introduction, setting the stage for a comprehensive exploration of financial concepts. Moving into the fundamentals, the "Getting Started" section covers essential topics such as automobile basics, lead time, supply schedules, COGS, goals, growth estimates, and SG&A expenses.

The subsequent section, "Revenue and Direct Costs," delves into the critical aspects of understanding and managing revenue alongside direct costs. The "Cash Budget" section follows, providing a detailed examination of gross profit, SG&A overheads, EBITDA, and a thorough financial view on a monthly, quarterly, and yearly basis.

An essential financial metric, the "Cash Conversion Cycle," takes center stage in the following section. Learners are guided through its concepts, calculation methods, and interpretation, offering a comprehensive understanding of this crucial aspect of financial management.

As the course concludes, the final lecture sums up the key takeaways, ensuring learners leave with a solid foundation in financial principles and their practical applications in business scenarios. Overall, this course provides a valuable resource for individuals seeking to enhance their financial acumen and decision-making skills.

We will learn the followings in this course:

Section 1: Introduction

• Lecture 1 introduces the course.

Section 2: Getting Started

• Lecture 2 covers automobile basics.

• Lecture 3 discusses lead time.

• Lecture 4 explains the supply schedule.

• Lecture 5 explores COGS (Cost of Goods Sold).

• Lecture 6 outlines goals.

• Lecture 7 addresses growth estimates.

• Lecture 8 delves into SG&A (Selling, General, and Administrative) expenses.

Section 3: Revenue and Direct Costs

• Lecture 9 focuses on revenue and direct costs.

• Lecture 10 continues the discussion on revenue and direct costs.

Section 4: Cash Budget

• Lecture 11 covers gross profit.

• Lecture 12 discusses SG&A overheads.

• Lecture 13 explains EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization).

• Lectures 14 to 17 present a monthly, quarterly, and yearly view of financials.

Section 5: Cash Conversion Cycle

• Lectures 18 and 19 introduce the concept of the cash conversion cycle, along with its calculation and interpretation.

Section 6: Conclusion

• Lecture 20 provides a conclusion to the course.

Who this course is for:

• Finance Professionals: Accountants, financial analysts, and professionals looking to enhance their financial management skills.
• Business Owners/Managers: Individuals responsible for financial decision-making within an automotive-related business.
• Students/Researchers: Those pursuing studies or research in finance, particularly with a focus on the automobile sector.
• Entrepreneurs: Individuals planning to start or manage businesses in the automotive industry.
• Anyone Interested in Financial Management: Enthusiasts keen on understanding financial concepts and their application in the context of the automotive sector.