University of Illinois Urbana-Champaign
Financial Management Specialization
University of Illinois Urbana-Champaign

Financial Management Specialization

Become a Strategic Financial Manager . Develop an integrated financial management framework.

Oktay Urcan
Stefan Zeume
Gies College of Business, University of Illinois

Instructors: Oktay Urcan

86,331 already enrolled

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Get in-depth knowledge of a subject
4.7

(4,602 reviews)

Intermediate level
Some related experience required
3 months
at 10 hours a week
Flexible schedule
Learn at your own pace
Get in-depth knowledge of a subject
4.7

(4,602 reviews)

Intermediate level
Some related experience required
3 months
at 10 hours a week
Flexible schedule
Learn at your own pace

What you'll learn

  • Evaluating financial statements and the financial information they provide.

  • Describing the evaluation and management of portfolios along with firm valuation techniques.

  • Incorporating risk and uncertainty into investment decisions and understanding how companies make financing and investment decisions.

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Taught in English
Recently updated!

February 2025

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Specialization - 6 course series

Financial Accounting: Foundations

Course 112 hours4.7 (4,521 ratings)

What you'll learn

  • Accounting information and how it is used by different capital market participants

  • Record financial information and produce the main financial statements

  • Fundamental accounting concepts and revenue recognition criteria in preparing financial statements,

  • Conduct the accounting for short-term assets, with a particular focus on accounts receivables and inventories.

Skills you'll gain

Category: Financial Analysis
Category: Balance Sheet
Category: Mergers And Acquisitions (M&A)
Category: Business Valuation
Category: Project
Category: Financial Statement Analysis
Category: Corporate Finance
Category: Performance Measurement
Category: Risk Analysis
Category: Working Capital
Category: Mergers & Acquisitions
Category: Return On Investment
Category: Financial Management
Category: Cash Flows
Category: Cash Flow Forecasting
Category: Capital Budgeting
Category: Finance

Financial Accounting: Advanced Topics

Course 211 hours4.7 (1,720 ratings)

What you'll learn

  • To account for fixed assets

  • Understand accounting for liabilities

  • Evaluate shareholders’ equity section of a balance sheet, and

  • Understand preparation and information provided by cash flows statement.

Skills you'll gain

Category: Accounts Receivable
Category: Revenue Recognition
Category: Balance Sheet
Category: Accounting Records
Category: Income Statement
Category: Accounting
Category: Financial Statement
Category: Generally Accepted Accounting Principles (GAAP)
Category: Cash Flows
Category: Financial Reporting
Category: Accrual Accounting
Category: Financial Accounting
Category: Inventory Accounting
Category: Accrual
Category: Financial Statements

Investments I: Fundamentals of Performance Evaluation

Course 326 hours4.7 (906 ratings)

What you'll learn

  • Explain the tradeoffs between risk and return.

  • Form a portfolio of securities and calculate the expected return and standard deviation of that portfolio.

  • Describe what is meant by market efficiency and what it implies for patterns in stock returns and for the asset-management industry.

  • Conduct specific examples of a market multiples valuation.

Skills you'll gain

Category: Financial Analysis
Category: Investment Strategy
Category: Financial Market
Category: Regression Analysis
Category: Business Valuation
Category: Investment
Category: Investments
Category: Financial Modeling
Category: Corporate Finance
Category: Microsoft Excel
Category: Risk Analysis
Category: Return On Investment
Category: Cash Flows
Category: Equities
Category: Portfolio Management
Category: Stock
Category: Performance Analysis
Category: Finance

Investments II: Lessons and Applications for Investors

Course 419 hours4.8 (866 ratings)

What you'll learn

  • Interpret and use the CAPM and the 3-Factor Model to evaluate the performance of investments.

  • Compare returns in the form of dividends and capital gains and their tax consequences.

  • Describe evidence regarding the performance of individuals’ stock investments and the performance of actively-managed mutual funds.

  • Evaluate strategies designed to “earn alpha”.

Skills you'll gain

Category: Investment Strategy
Category: Benchmarking
Category: Financial Market
Category: Regression Analysis
Category: Investment
Category: Behavioral Economics
Category: Tax
Category: Investments
Category: Return On Investment
Category: Decision Making
Category: Equities
Category: Portfolio Management
Category: Financial Planning
Category: Stock
Category: Finance
Category: Performance Analysis
Category: Financial Markets

Corporate Finance I: Measuring and Promoting Value Creation

Course 524 hours4.7 (1,142 ratings)

What you'll learn

  • Forecast and manage a company's short- and long-term liquidity needs

  • Measure the contribution of a new project or acquisition to shareholder value

  • Incorporate risk into investment decisions using the appropriate discount rates

  • Evaluate the performance of a company or divisions of a company

Skills you'll gain

Category: Financial Analysis
Category: Risk Management
Category: Credit Risk
Category: Mergers And Acquisitions (M&A)
Category: Loans
Category: Investment Banking
Category: Private Equity
Category: Cash Management
Category: International Finance
Category: Business Ethics
Category: Capital Markets
Category: Corporate Finance
Category: Mergers & Acquisitions
Category: Derivatives
Category: Financial Management
Category: Equities
Category: Debt
Category: Corporate Strategy
Category: Finance
Category: Governance

What you'll learn

  • Evaluate the benefits and costs of different types of debt such as bonds and bank debt.

  • Manage risks that cannot be hedged with derivatives using liquidity and other tools.

  • Use the NPV concept to identify situations of unfairness and injustice.

  • Identify potential conflicts between equity holders and debtholders in firms that are close to bankruptcy.

Skills you'll gain

Category: Financial Analysis
Category: Balance Sheet
Category: Cash Flow Statement
Category: Fixed Asset
Category: Asset Management
Category: Accounting
Category: Financial Statement
Category: Cash Flows
Category: Equities
Category: Financial Reporting
Category: Financial Accounting
Category: Cash Flow
Category: Depreciation
Category: Financial Statements

Instructors

Oktay Urcan
University of Illinois Urbana-Champaign
5 Courses184,557 learners
Stefan Zeume
University of Illinois Urbana-Champaign
2 Courses60,975 learners
Gies College of Business, University of Illinois
University of Illinois Urbana-Champaign
22 Courses130,450 learners

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Build toward a degree

This Specialization is part of the following degree program(s) offered by University of Illinois Urbana-Champaign. If you are admitted and enroll, your completed coursework may count toward your degree learning and your progress can transfer with you.¹

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