Delivered at:: Department of Finance

Course type:: Elective course

When:: 2 year, 3 module

Abstract

Analytics for financial decision-making encompasses a thorough grasp of the principles underlying the preparation and completeness of financial statements, along with the analysis of their data; the principles and completeness of management reporting and the resulting decisions they enable; and the foundational principles of financial modeling and budgeting. Educational process will consist of analyzing ppt presentations on each topic, illustrative examples in excel and other open information (IFRS reporting, regulatory reports, market researches and reports). Students will conduct qualitative and quantitative researches in order to extent general concepts which would be presented on lections.

Learning Objectives

The course will provide students with a foundational understanding of financial reporting, financial analysis, management accounting, and budgeting

Expected Learning Outcomes

Understand the purpose, structure, and content of the financial reporting in the modern market economy
Explain the concepts of financial and management accounting and its importance for businesses
Have basic practical skills in financial reporting and interpreting accounting information
Possess basic practical skills in the preparation of management reports and financial modeling

Course Contents

Financial Statements
Accounting for Assets, Liabilities, Equity, Revenue, Expenses
Management accounting, cost accounting
Budgeting, and financial modeling.

Assessment Elements

Test
Exam

Interim Assessment

2026/2027 3rd module
0.6 * Test + 0.4 * Exam

Bibliography

Recommended Core Bibliography

Financial accounting, Libby, R., 2016
Financial accounting, Libby, R., 2020

Recommended Additional Bibliography

Financial accounting: International financial reporting standarts, , 2011
Introduction to financial accounting, Horngren, C. T., 2006

Authors

Soloveva Ekaterina Evgenevna

Master’s Programme 'Data Analytics for Business and Economics'

Contacts

Analytics for Financial Decision-Making

Course Syllabus