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Your online learning journey

Designed to develop confidence in analysis and managerial finance.

Your online learning journey

Designed to develop confidence in analysis and managerial finance.

Program overview
Unit 1: Financial statements: the language of business
  • Understand key accounting and financial concepts.
  • Acquire an overview of the three main financial statements (the balance sheet, the income statement, and the cash flow statement).
  • Apply theory to financial statements.
Unit 2: Financial analysis, ratios, and return on invested capital
  • Learn how use ratios to evaluate company performance.
  • Discuss managerial implications of financial analysis, for example, when dealing with customers and suppliers.
Unit 3: Risk, return, and weighted average cost of capital
  • Examine the relationship between risk and return.
  • Acquire knowledge about capital asset pricing, credit spreads, and company beta.
  • Learn how to assess the risk versus return for debt and equity assets.
  • Calculate the weighted average cost of capital for your company or unit.
Unit 4: Capital budgeting and project valuation
  • Understand project valuation criteria such as net present value, internal rate of return, payback, and discounted payback.
  • Assess investment options.
  • Forecast cash flows in real projects.
  • Develop project valuation models in Excel.
  • Perform sensitivity analysis.
Unit 5: Capital structure and financing strategies
  • Evaluate different capital structures and their associated risks and benefits.
  • Understand the tax advantages of debt financing.

One-on-one coaching

Throughout your online learning, an experienced IMD executive coach provides personalized support tailored to your goals and context. Your coach challenges your thinking, helps you navigate implementation barriers, and ensures you extract maximum value from the program. Interactions take place via video, in writing, and over the phone—flexible to fit your schedule.

An online program participant having a coaching session via video - IMD Business School

Your expert coach helps you:

Navigate your specific challenges

Address the real obstacles you’re facing in your organization.

Translate concepts into action

Move from theory to practical application in your work.

Maximize your impact

Stay focused on outcomes that matter to your role and goals.

Maintain momentum

Keep progressing even when priorities compete for your attention.

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Power your learning with IMD’s AI Advisor

Personalized AI support integrated into your learning experience — guiding you as you set objectives, complete assignments, journal insights, and apply concepts to your work.

Smart support, available 24/7

Real-time feedback, reflection prompts, and guidance— tailored to your role and work situation.

100% aligned with your program

Prompts tied directly to your curriculum and connected through all modules, helping you create an integrated outcome by the end.

Two adaptive support modes

Step-by-step for structured support, Adaptive for high-level guidance.

Real outcomes, real impact

Guidance to develop actionable plans grounded in your reality and ready to implement immediately.