|Study location||Netherlands, Maastricht|
|Type||Summer Course, full-time|
|Nominal duration||1-week (2 ECTS)|
|Tuition fee||€299 per programme|
Enrolled as an Undergraduate student or Undergraduate diploma
The entry qualification documents are accepted in the following languages: English.
Often you can get a suitable transcript from your school. If this is not the case, you will need official translations along with verified copies of the original.
Please attach proof of English proficiency or clearly state in your motivation letter any previous English experience through education, upbringing or jobs. We pride ourselves on our interactive courses and we therefore want to ensure all students can participate to the full extent.
A motivation letter must be added to your application.
The aim of this course is to make you a financial analyst. After finishing this course, you will be able to analyze financial statements of two or more corporations (such as Microsoft, Google, Apple, McDonald etc.) to compare and contrast the performance, liquidity, and solvency from the points of view of a manager, banker, or shareholder.
After completing this course students will understand:
1. What are financial statements and what are analytical techniques available.
What are vertical analysis, horizontal analysis, common-sized statements, and ratio analysis,
2. How to compare financial statements of two unequal corporatoins (we will use real world information of large corporations such as as Google Microsoft etc. from www.finance.yahoo.com)
3. What are, and how to perform, Liquidity, Profitability, and Solvency Analysis of two comparable corporations (Coca-cola and Pepsi) taking data from www.finance.yahoo.com
4. What is DuPont identity and how to perform DuPont Analysis. How DuPont Analysis helps us calculate the performance of different functional divisions of a corporation— such as the management, marketing, and finance divisions.
5. How to perform a complete Financial Statement analysis of a corporation. Students will work on the financial statements of two companies of their choice downloading data from www.finance.yahoo.com. This class will be guided by the lecturer and instant feedback will be provided.
Who should attend this course?
This course is suitable for:
• Current students of business studies at any level: bachelors and Masters
• Start-ups and new entrepreneurs who are already managing, or planning to open, a business
• Current and potential investors in stock markets
• Students who have already studied accounting but who would like to refresh their knowledge
Apart from short lectures, we will follow problem based learning (PBL) to make learning sessions interesting, enjoyable, and effective. We will emphasize on “learning by doing“ and working in groups and practicing with real financial statements downloaded from www.finance.yahoo.com
Course Duration and Dates
This is a one week course running from the 26th of July until the 30th of July, 2021. This course is planned to take place on-campus in Maastricht, the Netherlands. Due to COVID-19, we cannot guarantee that this scenario will be possible however. We will make a decision based on the latest government regulations on the 1st of May, 2021 and inform all applicants whether the course will take place on-campus or, need be, online.
The number of credits earned after successfully concluding this course is the equivalent of 2 ECTS according to Maastricht University’s guidelines. For further information see the MSS terms and conditions
Not mandatory but basic accounting knowledge will be helpful. Alternatively, students can take “ACC2010 Financial Accounting: How to Prepare Financial Statements” offered in the previous week of this summer school by Dr. Golam Robbani.
No textbook is required for you to buy. As a reference, the course will use this book: Weygandt, Kimmel and Kieso: Financial Accounting IFRS Ed. By Wiley.
Class Participation; Quiz; in-class tests; homework; group work, and presentation
Financial Accounting, Income Statement, Balance Sheet, Financial Analysis