Learn Financial Strategy by doing it!
This experiential learning course puts you in a challenging, real-world situation: Your employer, a consulting firm, has been working with a struggling winery. In the pre-requisite course, Financial Analysis Essentials, your project team analyzed the winery's past and current situation to identify what the major problems are.
Now, you will use the team's analytical work in the first course as the foundation for a new assignment: You will take the information and insights that you learned in the previous course and apply them to the development of solutions for the winery. Specifically, in this course, you will prepare financial forecasts of possible solutions to address the identified issues and present them to the winery's owner.
Your project team for the course will meet weekly online with a faculty mentor.
After reviewing the winery's newly proposed business plan and supporting forecasts, you and your teammates will analyze the plan's strengths and weaknesses, and prepare a revised set of five-year financial projections suitable for presentation to the winery's bank to obtain long-term debt financing. Based on new information obtained in meetings with key winery personnel, you will propose improvements to the plan and then make appropriate adjustments to your financial projections. You will:
- incorporate management feedback into the business plan
- propose alternative ways the winery can shore up its future financial position
- recommend which alternative offers the best outcomes for winery, and formally present your plan to winery management.
In this course, you will be working as if you are a financial analyst employed by the consulting firm. You and your colleagues will produce the same deliverables a client company would expect from its consulting firm — and you will be evaluated on the work you produce.
What you will learn
The skills that you developed and practiced in Financial Analysis Essentials gave you a framework for analyzing and solving a wide range of financial and business problems. In that course, you examined the two primary areas of the winery's operations:
- How company managers make decisions for allocating resources to achieve business goals.
- How the company obtains the funds required to maintain its activities, and the compensation that it must provide to lenders and investors in return.
This course builds on the framework of what you have learned about financial analysis. Now you will be drawing upon that experience to forecast future financial conditions and variables. This involves formulating, projecting and executing plans to help any organization meet is financial and business goals.
What you will do
You and your colleagues will:
Experiential learning. Your team will meet weekly in an online environment with your faculty mentor. Mentors are seasoned professionals who facilitate group discussions and help you solve complex problems on your own. The mentors are available by phone, text and email to answer questions, point you in the right direction, and provide in-depth feedback on every deliverable you produce. Supporting materials and resources are provided online.
96 hours/9.6 CEU's
Visit the University of Georgia CEU policies for more details.