Exploring Product Finance

Course Overview

This course will teach you how to leverage product finance concepts and frameworks to manage the finanical health of your organization's products and services.
Once an organization has finalized its strategy and vision and has its product sales function in place, Product Managers are tasked with understanding the mechanics of financial statements to manage product performance. Product Managers contribute to the financial forecasting process as well as defining product pricing using industry and competitive information. In this course, Exploring Product Finance, you'll discover tools and frameworks used to support the organization in managing product finance. First, you'll see how to define and practice understanding financial statements including the income statement and balance sheet. Next, you'll learn how to define forecasting terms and explore a practical forecasting model. Finally, you'll explore pricing models and considerations that will impact your forecasting and financial statements. At the end of this course, you'll have the skills and knowledge of exploring product finance needed to contribute to strategic discussions with business leaders.

What skills and knowledge will you acquire during this course?
This course, Exploring Product Finance, will provide learners with the skills and knowledge to understand financial statements, forecasting terms, and pricing models. Learners will gain an understanding of the income statement and balance sheet, and how to use them to forecast product performance. They will also learn how to use industry and competitive information to define product pricing. Additionally, learners will gain an understanding of the considerations that will impact their forecasting and financial statements. With these skills and knowledge, learners will be able to contribute to strategic discussions with business leaders.

How does this course contribute to professional growth?
This course, Exploring Product Finance, provides learners with the tools and frameworks to understand financial statements, forecasting terms, and pricing models. By gaining an understanding of the income statement and balance sheet, and how to use them to forecast product performance, learners will be able to contribute to strategic discussions with business leaders. Additionally, learners will learn how to use industry and competitive information to define product pricing, as well as the considerations that will impact their forecasting and financial statements. Through this course, learners will gain the skills and knowledge necessary to effectively manage the financial health of their products and services, thus contributing to their professional growth.

Is this course suitable for preparing further education?
This course is suitable for preparing further education, as it provides learners with the tools and frameworks to understand financial statements, forecasting terms, and pricing models. Learners will gain an understanding of the income statement and balance sheet, and how to use them to forecast product performance. They will also learn how to use industry and competitive information to define product pricing. Additionally, learners will gain an understanding of the considerations that will impact their forecasting and financial statements. With the skills and knowledge gained from this course, learners will be able to contribute to strategic discussions with business leaders, which will be beneficial for further education.