The Language and Tools of Financial Analysis

In this course, participants will learn the foundations of accounting principles and financial analysis, develop an understanding of the links between these, and the measurement of value creation at the firm level. This is part of a Specialization in corporate finance created in partnership between the University of Melbourne and Bank of New York Mellon (BNY Mellon).

About The Course

This course is the first in the four-course Specialization Essentials of Corporate Financial Analysis and Decision-Making. 

In this course you will develop an understanding of the definitions of key accounting measures - but more importantly you will learn how accounting information is used on a daily basis in financial markets by analysts, investors and CFOs. 

Instructors from the University of Melbourne, together with their partners at BNY Mellon, bridge the gap between historical asset valuation reflected in financial statements and the forward-looking needs of market participants seeking to assess current value in the face of future uncertainty.

Recommended Background

  • A basic knowledge of statistics and an ability to employ simple algebra to solve straightforward problems
  • Familiarity with Microsoft Excel (or a functionally-equivalent spreadsheet program). Specifically participants should possess the ability to summarise data using the graphical tools contained within that program.
  • Apart from that, a natural curiosity about not only how markets operate, but also how participants in those markets gather and then transform information so as to make financial decisions that maximise firm value