BUS 270 — Financial Basics for Business Management
Quarter: Winter
Instructor(s): Markus Lipp
Date(s): Jan 13—Mar 17
Class Recording Available: Yes
Class Meeting Day: Mondays
Class Meeting Time: 7:00—8:50 pm (PT)
Please Note: No class on January 20 and February 17
Tuition: $610
Refund Deadline: Jan 15
Unit(s): 1
Status: Open
Quarter: Winter
Day: Mondays
Duration: 8 weeks
Time: 7:00—8:50 pm (PT)
Date(s): Jan 13—Mar 17
Unit(s): 1
Tuition: $610
Refund Deadline: Jan 15
Instructor(s): Markus Lipp
Recording Available: Yes
Status: Open
Please Note: No class on January 20 and February 17
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
Finance Executive, Consultant, and Investor
Markus Lipp has more than 24 years of finance and media experience, including more than 15 years in management. He was the CEO and CFO of gaming developer and publisher Kongregate and acts as a consultant and freelancer in the media and gaming industry, helping startups to build and grow finance and HR operations. Prior to that, he was on the board at Ninja Kiwi Games, 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.
Textbooks for this course:
There are no required textbooks; however, some fee-based online readings may be assigned.