Online Financial Management Courses
Here is a profile of courses typically associated with an online education in financial management:
- An economics course can cover a wide range of topics, such as microeconomics, macroeconomics, business economics and theories in economics.
- Students in an accounts payable management course generally examine management principles and practices in such areas as auditing, invoicing, and check handling.
- An accounts receivable management course primarily addresses billing, credit approval, and customer service.
- Students in an online bookkeeping course learn the basics of accounting, balancing statements, journal entry, bank reconciliation, and deductions.
- Courses covering loan processing allow students to learn details about various types of loans, such as automobile loans, mortgages, personal loans, and business loans.
- A payroll management course includes information about payroll deductions, legal compliance, compensation, payroll accounting, and benefits management.
- Topics covered in a worker's compensation management course include claims filing and processing, litigation, worker's comp settlements, Occupational Safety and Health Administration regulations. Students also examine the financial repercussions of worker's comp claims.
- A financial and managerial accounting course teaches students how accounting can be used to make investment decisions and allocate resources. Topics of study include the steps in the accounting cycle and methods for analyzing accounting information.
- Students in a financial statement management course explore how managerial decisions related to operations, financing, and investing can affect a company's financial statements. The curriculum may help prepare students for the portion of the chartered financial analyst or CFA exam dealing with financial statement analysis.
Online courses in financial management are offered through associate, bachelor's, and master's degree programs. Courses are also available via financial management certificate programs offered at the graduate level or as continuing education for professional development. Many students studying financial management choose a concentration to narrow in on a specific financial field or to work their way up in a corporation by earning credit through additional online courses.
In most cases, students taking an online course will exchange information through email and electronic course portals, such as BlackBoard or WebCT. Though many of the required textbooks will be the same as those used in a traditional program, distance learning courses may require more self-discipline and the ability to ask for help through virtual sources. Courses may be asynchronous, allowing students to complete studies at their own pace, or synchronous, requiring live participation in virtual class experiences.
Individuals who are interested in financial management topics can find relevant online courses through certificate and degree programs offered at all levels of study. These courses cover the managerial aspects of a variety of finance sub-fields.