Graduate Certificate in Finance for Managers at New Jersey Institute of Technology

This 12 credit graduate certificate was created to offer managers and professionals core business knowledge in the areas of corporate and international finance. It is designed to provide the skill and tools needed to analyze business models and to apply core business concepts to tactical and strategic problems.  This includes advanced skills and tools to analyze business conditions and tactically solve problems and Finance and Management Accounting.

• Management accounting builds on traditional concepts of managerial accounting (break-even analysis, alternate choice decisions, profit planning, and transfer pricing) and develops the skills that an executive needs in strategic cost analysis.

• Financial and economic environment discusses issues related to interest rates, extraordinary rates of inflation, fiscal and monetary policy, and regulatory policy are integrated with market structure, cost and production technology, pricing policy, cash flow, risk-return opportunities, capital budgeting techniques, and decision making in companies.

• Financial management of assets, liabilities and equity in a domestic framework. Includes: goals of the firm, time value of money, financial statement analysis, financial ratio analysis, financial planning and forecasting, capital budgeting, cost of capital, capital structure, dividend policy, working capital management, mergers and acquisitions, and pricing of options.

• International finance examines financing of exports and imports, managing multi-currency working capital, international aspects of capital budgeting, cost of capital and their relationship with political, economic, and financial risk. Explores financial innovations and their impact on the firm's financial strategy and performance of overall productivity. Discusses the tax consequences and principal-subsidiary relationship of the multinational enterprise. Introduces international money and capital markets, instruments, derivatives, and institutions.

• Mergers, acquisitions, and restructuring focuses on identifying and evaluating potential and international companies for mergers and acquisitions as well as structuring of deals. The financial, social and managerial implications of these changes in corporate ownership will be examined. Topics are: financing M&As, deal structuring, tax implications, valuation, broker/finder agreements, merger negotiations, and post-merger integration.