Aster Health Academy

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Advanced Certificate in Finance for Healthcare

Enhance leadership by gaining financial prowess to drive organizational excellence and profitability.

Course Outcomes:

About the course:

The Advanced Certificate in Finance for Healthcare is a comprehensive program designed to empower healthcare leaders and stakeholders with financial prowess to understand financial implications for business operations, thereby making effective decisions to drive organizational growth and profitability.

 

The program is a profound learning experience that enables participants to clearly link financial and non-financial value creation levers, develop financial proposals by using valuation techniques, and re-imagine cost structures using new-age budgeting methods, which cumulatively yield tangible and meaningful outcomes for both teams and organizations at large.

 

The course has been designed in collaboration with industry and academic experts to provide a deeply immersive and application-based learning experience. The program empowers leaders with finance proficiency to enhance resource allocation, performance evaluation, and risk mitigation, ultimately contributing to the financial health and overall success of healthcare organizations.

Curriculum:


Module 1: Financial Statements & Terminology

1
Income Statement
2
Balance Sheet
3
Cash Flow

Module 2: Financial Statement Analysis

1
Financial Ratios
2
Statement of Profit and Loss
3
EBITDA, EBIT, and Net-Profit Margin

Module 3: Cost Management and Managing Accounting

1
Cost-Volume-Profit Analysis and Pricing Decisions
2
Ratio Analysis
3
Standard Cost and Variance Analysis

Module 4: Long-Term Investment Appraisal

1
DCF (Discounted Cash Flow Method)
2
Capital Budgeting
3
Break-Even Analysis
4
Fixed Cost vs. Variable Cost

Module 5: Working Capital Management

1
Methods of Budgeting
2
Zero-Based Budgeting
3
Activity-Based Budgeting
4
Direct Costs and Activity Cost Drivers

Capstone project

Who this course is for:

Healthcare professionals with 8+ years of work experience keen to build and enhance their financial knowledge to make better business decisions. HCP’s who would like to understand a company’s financials and develop financial proposals using valuation techniques. HCP’s who wish to gain an optimal level of proficiency and comfort with financial statements and financial analysis.

Knowledge Partner:

The University of Melbourne

The course is created in association with Coursera and the University of Melbourne, an internationally recognized research-intensive university with a strong tradition of excellence in teaching, research, and community engagement. Established in 1853, it is Australia’s second-oldest university and strides ahead with the aim of benefiting society through the transformative impact of education and research.

Sample Certificate:

Curriculum:


Module 1: Financial Statements & Terminology

1
Income Statement
2
Balance Sheet
3
Cash Flow

Module 2: Financial Statement Analysis

1
Financial Ratios
2
Statement of Profit and Loss
3
EBITDA, EBIT, and Net-Profit Margin

Module 3: Cost Management and Managing Accounting

1
Cost-Volume-Profit Analysis and Pricing Decisions
2
Ratio Analysis
3
Standard Cost and Variance Analysis

Module 4: Long-Term Investment Appraisal

1
DCF (Discounted Cash Flow Method)
2
Capital Budgeting
3
Break-Even Analysis
4
Fixed Cost vs. Variable Cost

Module 5: Working Capital Management

1
Methods of Budgeting
2
Zero-Based Budgeting
3
Activity-Based Budgeting
4
Direct Costs and Activity Cost Drivers

Capstone project

Duration: 2 Months

Level: intermediate

Price:
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Batch Start Date

Dec, 2024

Enquiry Form








    Includes

    Full lifetime access
    Access on mobile and TV
    Advanced Certificate in Finance for Healthcare
    4 out of 5
    Price:
    INR 200,000*
    GST as applicable

    Buy Now
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