Information Technology Finance
This course covers the economic and business aspects of new technologies considered by organizations while gaining the financial knowledge and skills needed to manage IT related projects.
What you can learn.
- Gain financial knowledge and skills for managing IT disciplines and projects
- Gain an in-depth understanding of the financial and technological decisions that impact the day-to-day operation and long-term financial stability of organizations
- Implement basic accounting, budget preparation for IT services, departments, and projects
- Develop capital and operational budgeting with justifications
- Communicate the value of IT investments to end users and executive management
- Explore various methods for determining the benefits of IT investments and projects
About this course:In today's hard economic times, IT managers are expected to make prudent financial and technological decisions that impact the day-to-day operation and long-term financial stability of organizations. Gain the financial knowledge and skills you need for managing IT disciplines and projects, including basic accounting, budget preparation for IT services, departments, and/or projects; capital and operational budgeting, justifying projects; and communicating the value of IT investments to end users and executive management. Explore various methods for determining the benefits of IT investments and projects, including return on investment analysis, payback period, net present value, and internal rate of return. The course also covers the economic and business aspects of several new technologies that are being considered by organizations, such as cloud computing and green IT. Review and evaluate a case study for each technology and its financial and operational impact. Students have hands-on projects and also learn the pros and cons of outsourcing. Instruction presents several simple and powerful budget and financial templates, as well as an overview of the basic and advanced financial functions in Microsoft Excel.
It is advisable that you complete the following (or equivalent) since they are prerequisites for Information Technology Finance.
Winter 2020 Schedule
These courses are fully online, and there are no in-person classroom meetings.
Required course in Information Technology Management Certificate. Internet access required. Materials required.