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Welcome to Accounting and Finance Course

This page will guide you through the course syllabus and provide important information related to this course.

Pre-requisites

An overall understanding of the business environment is required.

Course Start Date : 9th April, 2020

Course End Date  : 30th July, 2022

  COURSE AGENDA

WeekSection NameTopics CoveredRelease Date
0 Welcome
  • Welcome Message
  • Navigating in edX
  • Pre-course Survey

9th April, 2020

Guidelines for Proctored Exam
  • An Overview
  • Salient Features
  • Instructions and Guidelines
  • Practice Proctored Exam
  • Getting Help

9th April, 2020

1 Mechanics of Financial Accounting
  • Fundamental Accounting Terms
  • Recording Accounting Transactions
  • Financial Statements
  • Financial Accounting Regulations
  • Annual Report
  • Users of Financial Statements

9th April, 2020

29th April, 2020 Reading Financial Statements
  • Balance Sheet – Shareholders Fund
  • Balance Sheet –Liabilities
  • Balance Sheet – Assets
  • Income Statement – Revenue,
  • Expenses and Profit
  • Cash Flow Statement

9th April, 2020

3 Financial Statement Analysis
  • Assessing Financial Health
  • Asset Management
  • Cost Management
  • Leverage Management
  • Risk Management
  • Bench-Marking

9th April, 2020

4 Product Costing
  • Methods of Product Costing
  • Job Costing
  • Customer Costing
  • Process Costing
  • Indirect Cost and Allocation
  • Misallocation of Indirect Cost
  • Activity Based Costing

9th April, 2020

5 Cost Analysis for Decision Making
  • Absorption vs. Marginal Costing
  • Behavior of Costs
  • Break-even Analysis
  • BEP in Multiproduct Environment
  • Pricing Decision
  • Make or Buy decision
  • Discontinuing product or closing down divisions
  • Optimal Product Mix
  • Operating Leverage

9th April, 2020

6 Budgeting and Variance Analysis
  • Strategic Planning and Budgets
  • Budgeting Process
  • Preparation of Master Budget
  • Setting Standards
  • Variance Analysis: General Framework
  • Fixed & Variable Overhead Variance
  • Material Mix Variance
  • Sales and Sales Mix Variance
  • Investigating Variance

9th April, 2020

7 Financial Markets
  • Introduction
  • Financial System
  • Institutional Financing
  • Direct Capital Flow
  • Financial Instruments
  • Role of Finance Function
  • Key Issues in Finance Function
  • Organization Structure of Finance Function
  • Financial Goal and Agency Cost
  • Summary

9th April, 2020

8 Capital Budgeting
  • Introduction
  • Time Value of Money
  • Capital Budgeting Techniques
  • Estimation of Project Cash Flows
  • Capital Structure and Cost of Capital
  • Case Study
  • Special Issues in Capital Budgeting
  • Summary

9th April, 2020

9 Working Capital Management
  • Short-term Financial Planning
  • Working Capital Cycle
  • Financing of Working Capital
  • Inventory Management
  • Receivables Management
  • Cash Management
  • Managing Payables
  • Summary

9th April, 2020

10 Final Exams
  • Final Exam

9th April, 2020


  TIME COMMITMENT

Course Length:

  • 9 weeks of content  + 1 Final Exam 

Weekly Commitment

4-5 hours per week. This includes the time spent in going through the course materials (videos and reading materials), completing the assessment(s) and participating in the discussion forums.

Verification Deadline:

Visit this course home page to upgrade to the verified track.  

Grading Scheme

The course follows an End of Week assessment scheme, which consists of multiple choice questions and scenario-based questions. There are 9 end of week assessments + 1 final exam in this course. The score from each assessment will contribute to the final score, which you can track using the Progress tab.

If you are taking a course as a verified track student, and want to be eligible to pursue the in-campus option at IIM Bangalore with a MicroMasters Credential, you must take the proctored exam for your final assessment. To know more, visit the Guidelines for Proctored Exam section.

WeekWeightageDue Date
1 06% 30 July 20223:30 hours UTC
2 06% 30 July 20223:30 hours UTC
3 06% 30 July 20223:30 hours UTC
4 06% 30 July 20223:30 hours UTC
5 06% 30 July 20223:30 hours UTC
6 06% 30 July 20223:30 hours UTC
7 06% 30 July 20223:30 hours UTC
8 06% 30 July 20223:30 hours UTC
9 06% 30 July 20223:30 hours UTC
Final Exam 46% 30 July 20223:30 hours UTC


In order to receive a verified certificate for this course, you will need to get a total score of 60% or higher.

Note: The ungraded assessments are interspersed throughout the course to recall what you have learned  so far. These do not count for final assessments and will not show up on the Progress tab.

Academic Code of Conduct

Please follow the rules for academic honesty and online conduct for this course by reading edX Terms of Services.

Note

  • Many of these dates are dynamic and subject to change during the course run. Please be sure to visit the Course Home page and refer to your weekly course email for any change in any of the dates listed above.
  • As you work through your course, you’ll see dates and times when new materials are released and when assignments and exams are due. It’s important to remember that edX lists all times in Coordinated Universal Time (UTC), 24-hour format.