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What does the profit and loss statement or the balance sheet tell us? What are the key financial indicators? How can I assess the profitability of investments? And what are the key principles of budgeting? How can I use accounting in support of strategic business management?
The Fundamentals of Accounting online course introduces basic financial and management accounting. During the course, you will learn everything experts and management need to know about financial matters.
The course comprises 19 video lectures, with a duration of approximately ten minutes each. It also includes exercises that enable students to evaluate their mastery of each theme area. The total duration of the course is approximately six hours.
This course is also ideal as pre-study material for the training programs offered by Aalto EE. You can revise the fundamentals of accounting before participating in the course's contact teaching module, allowing the class to focus on the special questions concerning your organizations and business areas.
The course is available both in English and Finnish.
By completing the course, you will get an Aalto EE Fundamentals of Accounting certificate worth 0.5 ECTS.
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"Expectations met 100%.”
"I have learned a lot during the course and have now a good understanding to deepen my learning on financial subjects."
(Feedback from participants)
Gain a comprehensive understanding of key concepts and terminology in accounting
Online exercises to check your mastery of each theme
Over 2,500 participants have developed their skills through the Fundamentals of Accounting online course
The course provides a cost-effective and flexible way of improving the accounting skills of managers and experts. It also provides selected teams, groups, or departments with a consistent skill level.
This course is aimed at managers accountable for financial results and experts willing to learn the fundamentals of accounting and the skills required to interpret financial indicators.
Learners in Need of Revision
The course is suitable for those who need to revisit or acquaint themselves with the basic concepts of accounting and the contexts in which they are typically used. It also provides excellent preparatory training for students before enrolling in any of the training programs offered by Aalto EE.
Accounting can be regarded as the language of business. Those who wish to operate successfully in a management position in any organization must understand and be able to speak this language. The Fundamentals of Accounting online course will cover the main areas of accounting and its key concepts. The course provides a basic understanding of accounting concepts, methods, and uses.
The course will cover, e.g.:
The estimated study time of the course is 12 hours. The course allows flexible study patterns; you can decide on your schedule and the speed of your progress. The recommended study schedule is 2-3 hours per week for 3-4 weeks.
Ten Online Modules
Videos, podcasts, and narrated visualizations, each approximately 10 min
Check your lessons learned
Follow expert directions to start your visualization
Teemu Malmi is a Professor of Accounting at Aalto University School of Business. He specializes in managerial control systems, strategy implementation and cost, and profitability accounting.
Professor Malmi has served as a consultant to a large number of companies from different industries, e.g. Computers, Electrical, Energy, Finance, Food processing, Furniture, Health Care, Media, Metal and Engineering, Paper and Pulp, Pharmaceuticals, Rental Services, Retail, telecom and Transportation/logistics. He has also served ministries, municipalities, and hospitals.