BUS 270 — Financial Basics for Business Management
Quarter: Summer
Instructor(s): Markus Lipp
Date(s): Jul 2—Aug 27
Class Recording Available: Yes
Class Meeting Day: Tuesdays
Class Meeting Time: 7:00—8:50 pm (PT)
Please Note: No class on July 23
Tuition: $610
Refund Deadline: Jul 4
Unit(s): 1
Status: Registration opens May 20, 8:30 am (PT)
Quarter: Summer
Day: Tuesdays
Duration: 8 weeks
Time: 7:00—8:50 pm (PT)
Date(s): Jul 2—Aug 27
Unit(s): 1
Tuition: $610
Refund Deadline: Jul 4
Instructor(s): Markus Lipp
Recording Available: Yes
Status: Registration opens May 20, 8:30 am (PT)
Please Note: No class on July 23
It is essential for company leaders and managers to understand their organization’s financial condition so they can secure resources to support their projects and develop new strategies to increase their bottom line. This course offers you an opportunity to learn and apply financial basics for business. We will begin with an overview of key financial terms as well as techniques for analyzing numbers and data for business-driven decision-making. You will learn the structure and analysis of financial statements, the interaction between the balance sheet and cash flows, the decision process of investments, basic business valuations, and budget preparations. We will also discuss what you need to know in order to make the right decisions on investments and how to create and interpret business plans. The course will include relevant case examples and opportunities to engage in lively discussions and hands-on activities that will help you learn how to read, understand, and prepare financial information. By the end of the course, you will be able to set up and interpret profit and loss statements and balance sheets, understand the rules of cash flow in the world of finance, and be able to make a business plan or investment case.
MARKUS LIPP
CEO and CFO, Kongregate
Markus Lipp has more than 23 years of finance and media experience, including more than 15 years in management. Prior to Kongregate, he was the CFO of InnoGames, 7Travel, and ProSiebenSat.1 Games and CFO and member of the board of Germany’s leading weather portal, wetter.com. He is a blockchain and crypto enthusiast and angel investor. His main focus is growing and operating finance and HR organizations, primarily in the gaming industry. Textbooks for this course:
There are no required textbooks; however, some fee-based online readings may be assigned.