March 30 - May 11, 2016, no class on 4/27/16
Six consecutive Wednesday evenings
320 Jacobs Management Center, North Campus
$795, includes all costs
This non-credit program is for managers who do not have a background in finance or accounting, but whose career path has led them to a position that requires an understanding of finance and accounting fundamentals.
Through lectures and in-class exercises during the first group of sessions, you will learn the basics of generally accepted accounting principles and how these principles are used to develop both the balance sheet and the income statement (also known as the profit and loss statement). You will learn how to use accounting information to perform ratio analysis and better understand the operations of both your company and its competitors. In addition, you will learn how to estimate a company's future funding needs, both through forecasting accounting statements and cash budgeting.
The second group of sessions will focus on finance. Here, you'll first develop an understanding of two basic principles of finance: the time value of money and the importance of cash flows. Next, you will apply these concepts to the problem of project evaluation and will discuss the techniques of net present value, internal rate of return and payback. Through extensive class exercises, you will understand how to apply these concepts in real-life situations and decide which projects are worthwhile investments for an organization.
Finally, we will briefly cover sources of funding and the key characteristics of debt (bonds) and equity (common stock), including their costs. Commercial bank loans and the concept of a company's weighted average cost of capital will also be discussed.
Please note that you need to be a U.S. resident to attend this
Managers, professionals, supervisors, support staff and others who work with financial information and want to obtain the skills necessary to understand and translate financial data quickly and easily.
Full attendance in this program qualifies you for 18 CPE credits in advisory services under license #001414.
R. Perry is associate professor of finance and managerial
economics in the UB School of Management. He is a recipient of the
SUNY Chancellor’s Award for Excellence in Teaching and has
participated in numerous activities designed to enhance the quality
of teaching within the School of Management and the university. His
strongest attribute is continuously being one of the highest rated
faculty members by working professionals in the Executive MBA and
Professional MBA programs, both in Buffalo and overseas.
Perry holds a bachelor's in engineering physics from Cornell University, a master's in planetary science from the California Institute of Technology, and MBA and PhD degrees in finance from the University of California at Berkeley.
The program costs $795 per participant (includes cost of course materials).
Payment can be made as follows:
Credit card (Visa, MasterCard, American Express or
Check made payable to UB Foundation Activities Inc.
A $50 discount is available for:
School of Management Alumni
UB School of Management Executive MBA alumni
UB School of Management Professional MBA alumni
Center for Entrepreneurial Leadership students or alumni
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