Online Courses. All online courses are available in sections. Ideal as pre-matriculation requirements or assigned coursework

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Online Courses

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educatoraccess.hbsp. harvard.edu O N L I N E C O U R S E S

Ideal as pre-matriculation

requirements or

assigned coursework

Engaging interactive

format

ONLINE COURSES

offer a comprehensive introduction to each subject

area and allow students to build a solid foundation for business

education. They can be used as pre-matriculation requirements for

MBA candidates or assigned as coursework in MBA or advanced

undergraduate business courses.

The courses present topics in a highly interactive format with narrated animations,

videos, and self-correcting exercises designed to engage students actively in the learning

process and help them quickly understand complete topics. Most courses include a

pre-assessment to establish a student’s familiarity with the material. All courses include final

assessments for testing student mastery of the subject matter. Administration tools allow

faculty to monitor student progress toward completion.

All online courses are available in sections.

ONLINE COURSES AVAILABLE

Quantitative Methods p. 2

Finance p. 3

Management Communication p. 3

Financial Accounting p. 4

Spreadsheet Modeling p. 5

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QUANTITATIVE METHODS

The complete course and the Regression section include a pretest and two final exams.

Complete Course • #504702

Regression Section • #6012

OVERVIEW AND INTRODUCTION

BASICS: DATA DESCRIPTION Introducing Data / Describing and Summarizing Data / Variability / Applying Data Analysis / Relationships Between Variables

SAMPLING & ESTIMATION Introduction to Sampling / Generating Random Samples / The Population Mean / The Normal Distribution / Confidence Intervals / Proportions

HYPOTHESIS

TESTING Introduction to Hypothesis Testing / Single Population Means / Single Population Proportions / P-Values / Comparing Two Populations

REGRESSION

BASICS Introduction to Regression / Calculating the Regression Line / Deeper into Regression MULTIPLE

REGRESSION Introduction to Multiple Regression / Adapting Basic Concepts / New Concepts in Multiple Regression DECISION

ANALYSIS I Introducing Decision Analysis / Decision Trees / Comparing the Outcomes / Sensitivity Analysis DECISION

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The complete course and each section include a pretest and two final exams.

Introductory Section • #6000

WELCOME TO FINANCE Using the Tutorial / What Is Finance? / Tutorial Overview

INTRODUCTION Financial Statements / Golden State Canning

RATIO ANALYSIS Definition / Growth / Profitability / Efficiency / Liquidity / Leverage / Risk / Common-Size Financial Statements / Interpretation / List of Common Ratios / Qualifications

CASH CYCLE AND GROWTH Cash Cycle / Sources and Uses / Growth

FINANCIAL FORECASTING Basic Ingredients / The Process / Bias, Error, and Uncertainty / Pro Formas

REARRANGING FINANCIAL

STATEMENTS Real vs. Financial / Cash vs. Non-Cash / Simplification

CAPITAL STRUCTURE Formulation of the Problem / Debt / Equity / Financial Leverage and Risk / Irrelevance / Relaxing M&M Condition—Taxes / Cost of Financial Distress / Tax Shields and CFD—The Static Tradeoff Model / Alternative Models / Payout Policy

TIME VALUE OF MONEY AND

PROJECT VALUATION Introduction / Compounding and Discounting / Valuing Golden State’s Jarring Line Project / Investment Decision Criteria / Perpetuities

RISK & RETURN Roadmap / Expected Cash Flow / Risk-Adjusted Discount Rates / Value Maximization & Opportunity Cost / Roadmap / CAPM / Roadmap / Project Discount Rates / Roadmap / The Weighted Average Cost of Capital

VALUING A

BUSINESS Basic Approaches / DCF Ingredients / Putting It Together / Sensitivity Analysis / Conclusion

FINANCE

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MANAGEMENT COMMUNICATION

The complete course includes three sections, each concluding with a final exam. The Introduction and Planning

Communication sections are included with both the Writing in Business and Presenting in Business sections.

Complete Course • #4337 Writing in Business Section • #4341

Presenting in Business Section • #4343

INTRODUCTION Included in the complete course and each section.

Communication and Your Business Career / What You Will Learn in This Course / Practicing Your Skills

PLANNING

COMMUNICATION Included in the complete course and each section.

Introduction / What Are Good Models? / Case Study: Planning Communication / Analyzing a Communication Situation / Organizing a Message / Templates and Checklists

WRITING IN

BUSINESS Introduction / The Writing Process / What Is Good Business Writing? / Four Qualities of Business Writing / Using Visual Clues / Writing Style / Case Study: Writing in Business / Informative Writing / Persuasive Writing / Writing Action Plans / Short-Form Writing / Long-Form Writing / Templates and Checklists

PRESENTING IN

BUSINESS Introduction / Obstacles to Persuasive Presentations / Analyzing a Communication Situation / Case Study: Presenting in Business / The Message: Organizing the Content / The Message: Preparing the Plan / The Message: Enriching the Presentation / The Message: Preparing Slides and Other Media / The Delivery: Communicating the Message / Templates and Checklists

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The complete course and each section include a pretest. The complete course has three final exams,

two for the Introductory section and one for the Advanced section.

Complete Course • #105708 Introductory Section • #6002

Advanced Section • #6003

WELCOME TO FINANCIAL

ACCOUNTING Included in the complete course and each section.

TERMS AND CONCEPTS Overview of Financial Reports / Balance Sheet / Income Statement / Statement of Cash Flows / Introduction to Concepts / Entity / Money Measurement / Going Concern / Consistency / Materiality / Quality Attributes: Relevance and Reliability / Accrual Accounting: Accrual vs. Cash-Basis / GAAP / IFRS / Principles vs. Rules

THE BALANCE

SHEET Assets / Liabilities / Owner’s Equity / The Accounting Equation / Concepts: Dual Aspect, Historical Cost / Ratios: Current Ratio and Total Debt to Equity Ratio

INCOME

STATEMENT Link to Balance Sheet / Retained Earnings and Dividends / Concepts: Realization, Matching, and Conservatism / Recording Transactions: Cash and Credit Sales / Expenses / Salaries / Utilities / Rent / Depreciation / Amortization / Operating Expenses / Debt Service / Ratios: Gross Margin Percentage and Return on Sales Percentage

ACCOUNTING RECORDS Double-Entry Accounting / Journal Entries: Debits and Credits / Ledger: T-Accounts / Adjusting and Closing Entries / Preparing the Balance Sheet and Income Statement

THE STATEMENT OF

CASH FLOWS Direct Method / Indirect Method / Net Income / Operating Cash Flows / Recap of the Indirect Method / Relation to the Balance Sheet / Interpretation / Analysis of Indirect Statement

REVENUE &

RECEIVABLES Unredeemed Gift Certificate / Deferred Revenue / Redeeming Certificates / Bad Debts / Refunds / Prompt Payment Discounts / Adjusting Allowances: Month’s End / Bad Debt Ratio / Days Receivable Ratio

INVENTORIES AND COST

OF SALES Bought Merchandise Flow / Merchandise and COGS / Jam Production / Costs / Product Costs / Inventory Accounts / Raw Materials / Work-in-Process / Finished Goods / Tracking Inventory / Cost of Goods Sold / Price Change / Inventory Valuation / Flow Assumptions / Cost vs. Physical Flows / FIFO / LIFO / Inventory Write-Down / Inventory Ratios: Turnover and Days Inventory

DEPRECIATION AND

NON-CURRENT ASSETS Acquisition Cost / Asset Usage / Depreciation / Accumulated Depreciation / Straight-Line and Accelerated Methods / IFRS Allowed Alternative / Improvements and Repairs / Asset Sales / Intangibles / Capitalizing / Accounting and Amortization / Ratio: Turnover by Industry

LIABILITIES AND

FINANCING COSTS Executory Contracts / Zero Coupon Debt / Future Value / Present Value / Semi-Annual Compounding / Loan Value / Leases: Capital Lease and Operating Lease / Contingent Liabilities / Debt Ratings

INVESTMENTS &

INVESTMENT INCOME Investment Motivations / Control / Marketable Securities: Intent, Hold-to-Maturity, Trading, and Available-for-Sale / Business Acquisitions: Purchase Price, Net Assets Fair Value, Goodwill, Recording Acquisition, and Income Effects

DEFERRED TAXES AND

TAX EXPENSE Management Challenges / Tax vs. Financial Reporting / Tax Expense vs. Taxes Due / Deferred Tax Accruals / Deferred Tax Liabilities / Deferred Tax Assets / Current and Deferred Tax Expense

OWNER’S EQUITY Management Challenges / Common Stock / Preferred Stock / Stock Repurchases / Dividends / Stock Splits / Stock Options / Comprehensive Income / Equity Ratios: ROE Drivers

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SPREADSHEET MODELING: EXCEL 2013

The complete course and each section include a pretest and final exam.

Introductory Section • #9053

Advanced Section • #9054

THE EXCEL

ENVIRONMENT Opening a Workbook / The Excel 2013 Ribbon / The Quick Access Toolbar / Worksheets / Moving Around a Worksheet and Workbook / Printing a Worksheet / Saving a Workbook File

WORKING WITH DATA:

BASIC TECHNIQUES Cells and Ranges / Selecting Ranges / Selecting All Cells in a Dataset Using Shortcut Keys / Selecting All Cells on a Worksheet / Selecting Noncontiguous Ranges / Selecting Cells and Named Ranges / Selecting Otherwise Difficult-to-Select Cells with Go-To Special / Filling Series / Copying and Moving Cell Entries / The Undo Command

INCREASING SPREADSHEET READABILITY

Working with Rows and Columns / Making Better Use of Screen Space / Basic Cell Formatting / Basic Number Formats / Conditional Formatting / Formatting and Other Options with Paste Special / Setting Up a Worksheet for Printing

EXCEL FORMULAS Copying Formulas / The AutoComplete Formula Option / Entering Formulas by Pointing / Other Ways to Copy Formulas / Absolute Addressing / Using the F4 Key / Hierarchy of Mathematical Operations / Summation Icon / Editing or Correcting Formulas / Showing the Actual Formula in a Cell / Do-It-Yourself Exercise

USEFUL EXCEL

FUNCTIONS IF Statements / Text Functions / Flash Fill / Basic Date and Time Functions / Range Names / Lookup Functions / Other Lookup and Reference Functions / Error Trapping / Rounding Functions / The SUMPRODUCT Function / Modeling Uncertainty in Excel / Excel Financial Functions / COUNT, COUNTA, and COUNTBLANK Functions / Excel Statistical Functions / Conditional Counts / Conditional Sums / Removing Duplicates / Sorting in Excel / Filtering Data / Subtotals / Pivot Tables / Pivot Charts / Conditional Formatting: The Formula Option

CHARTS Creating Charts / Resizing and Moving Charts / Basic Formatting of Charts / Formatting Axes and Data Series / Customizing Charts

IMPORTING DATA INTO

EXCEL From a Text or Word File / Using Web Queries to Import Data from the Web / Exercises THE ART OF

SPREADSHEET MODELING

Model Building Blocks / Model Terminology / The Spreadsheet Model Building Process / Rules to Guide Intelligent Modeling / Building a Model / Set Up the Spreadsheet Model / Data Tables / Two-Way Data Tables / Goal Seek / Auditing / Flexibility / Comments and Text Boxes / Error Trapping / Using F9 and Evaluate Formula Feature / Scenarios / Spinners / Model Limitations

USING EXCEL SOLVER Solving Optimization Problems / Developing a Solver Model / Configuring Solver to Solve the Problem

THREE DIMENSIONAL FORMULAS AND THE TABLE FEATURE

Three-Dimensional Formulas / Using the Excel Table Feature

MONTE CARLO

SIMULATION Uncertainty and the Monte Carlo Simulation / Random Variables: The Key to the Monte Carlo Simulation / Using @RISK to Simulate a New Product Introduction

Spreadsheet Modeling: Excel 2007 still available.

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MATHEMATICS FOR MANAGEMENT

The complete course and each section include a pretest and a final exam.

Complete Course • #3350 Algebra Section • #6004 Calculus Section • #6006

Statistics Section • #6007 Probability Section • #6008 Finance Section • #6009

ALGEBRA Variables / Functions of One and More than One Variable / Linear Equations: One Variable / The Cartesian Plane / Straight Lines / Finding Solutions: Two Equations / Linear Inequalities: One Variable / Linear Inequalities: Two Variables / Polynomials and Quadratic Functions / Powers and Exponents / Power Function / Cobb-Douglas Function / Order of Operations / Entering Formulas and Graphing Functions in Excel / Inverse Functions / Ratios and Percentages / Elasticity of Demand / Logarithms / Index Numbers

CALCULUS Motivation for Differential Calculus / Determining the Slope of a Function / Slope and Tangent Lines / Rules for Computing Derivatives / Second Derivatives, Convex, and Concave Functions / Maximizing and Minimizing Functions / Inflection Points

STATISTICS Summation Notation / Using Bar Graphs and Histograms to Summarize Data / Measures of Central Tendency / Skewness and Measures of Central Tendency / Measures of Variability / The Rule of Thumb and Outliers / Covariance and Correlation

PROBABILITY Experiments, Sample Spaces, and Events / Calculations Involving Sample Spaces / Mutually Exclusive Events / Complementary Events / Conditional Probability / Independent Events / Random Variables / Continuous Random Variables / The Normal Random Variable

FINANCE Net Present Value (NPV) / Internal Rate of Return (IRR) / Payback Criteria / Future Value / Annuities / Perpetuities / Growing Perpetuity / Compound Interest / Basic Bond Math / CAGR: Compound Annual Growth Rate / Option Pricing