Description
What you’ll learn
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You will understand fundamental statistical concepts and learn how to apply them to business scenarios using Excel.
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You will Master the time value of money and perform financial calculations involving interest, annuities with Excel.
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You will learn to analyze and interpret key financial statements using Excel to make informed business decisions.
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You will develop skills to calculate and interpret financial ratios to assess a company’s financial health effectively.
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You will gain proficiency in using Excel for practical applications in statistics and finance to solve real-world business problems.
Welcome to the course “Business Math with Excel”! If you’re looking to master the essential mathematical tools for the business world, this course is specially designed for you. Throughout this program, we will guide you from fundamental concepts in statistics to advanced financial techniques, all enriched with multiple practical examples in Excel.
In Module 1: Statistics, you’ll begin with a comprehensive introduction to statistical principles applied to business. You’ll explore the different types of data and delve into probability concepts, learning how to interpret probability distributions. You’ll calculate measures of central tendency and dispersion, and understand their significance in data analysis. The module also covers correlation and covariance, simple linear regression, and hypothesis testing, all using Excel to effectively analyze and visualize data.
Module 2: Time Value of Money will enable you to comprehend how the value of money changes over time—a crucial concept in finance. You’ll learn to calculate simple interest and understand the differences between simple and compound interest. The module covers annuities and perpetuities, loan amortization, Internal Rate of Return (IRR), and Net Present Value (NPV), including a comparison between IRR and NPV. Each concept is reinforced with practical exercises in Excel to consolidate your learning.
In Module 3: Basic Finance, you’ll dive into financial analysis through key financial statements: the Statement of Financial Position, the Income Statement, and the Cash Flow Statement. You’ll learn to interpret and analyze these statements using financial ratios, acquiring essential skills to evaluate a company’s financial health. Once again, Excel will be your main tool to apply these concepts practically.
By the end of this course, you’ll have a solid command of business mathematics and the ability to use Excel to solve real-world financial problems. Our interactive and practical approach ensures that you can immediately implement what you’ve learned in your professional life, enhancing your capacity to make informed financial decisions.
Join us and take the first step towards mastering business mathematics with Excel, elevating your financial skills to the next level!
Who this course is for:
- Employees who work in financial areas
- Business students
- Entrepreneurs
- Accountants
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