24 July 2020
Financial Statement Analysis
The aim of this course is to make you a financial analyst. After finishing this course, you will be able to analyze financial statements of two or more corporations (such as Microsoft, Google, Apple, McDonald etc.) to compare and contrast the performance, liquidity, and solvency from the points of view of a manager, banker, or shareholder.
Interested students could combine this course with ‘Fintech: The Future of Finance’ which will take place in the same week.
This course is suitable for:
• Current students of business studies at any level: bachelors and Masters
• Start-ups and new entrepreneurs who are already managing, or planning to open, a business
• Current and potential investors in stock markets
• Students who have already studied accounting but who would like to refresh their knowledge
Apart from short lectures, we will follow problem based learning (PBL) to make learning sessions interesting, enjoyable, and effective. We will emphasize on “learning by doing“ and working in groups and practicing with real financial statements downloaded from www.finance.yahoo.com
After completing this course students will understand:
1. What are financial statements and what are analytical techniques available.
What are vertical analysis, horizontal analysis, common-sized statements, and ratio analysis,
2. How to compare financial statements of two unequal corporatoins (we will use real world information of large corporations such as as Google Microsoft etc. from www.finance.yahoo.com)
3. What are, and how to perform, Liquidity, Profitability, and Solvency Analysis of two comparable corporations (Coca-cola and Pepsi) taking data from www.finance.yahoo.com
4. What is DuPont identity and how to perform DuPont Analysis. How DuPont Analysis helps us calculate the performance of different functional divisions of a corporation— such as the management, marketing, and finance divisions.
5. How to perform a complete Financial Statement analysis of a corporation. Students will work on the financial statements of two companies of their choice downloading data from www.finance.yahoo.com. This class will be guided by the lecturer and instant feedback will be provided.
EUR 398: Tuition fee