Series: Money Matters

Financial management

This course is an introduction to analysis of financial statements. Participants will learn how to analyse balance sheets, income statements and cash flow statements and how to use them in decision making and management.


Our abilities to create meaningful interpretation and financial decision-making relies on our capabilities to understanding and analyze the provided financial information.

The objective of this course is to introduce participants to the analysis and use of the financial statements for the purpose of managing:

  • The value creation during the financial period
  • The financial situation at the end of the financial period
  • The future cash-flow generating (earnings) capabilities.

However, the information needed for financial management does not automatically result from merely reading the financial statements: analysis and interpretation is necessary.

What you will learn

You will develop the insight to understand the need for financial statement analysis for the purpose of financial management, with an emphasis on the statement of cash flows.

You will acquire hands on skills to evaluate the profitability, liquidity, and growth of the organizational entity and identify its drivers.

You will learn to extract relevant decision-making information by means of reformulating the income statement and balance sheet for the purpose of analyzing a company’s financial situation.

Course content

The course consists of (guest) lectures, group-based casework, and an individual course paper.

Lectures introduce the indicated topics conceptually and explore the application of these concepts in real-life cases.

Course sessions are categorized into three topical areas:


Professor Hanno Roberts, Department of accounting and operations management

Associate Professor Ignacio Garcia de Olalla Lopez, Department of accounting and operations management

Associate Professor Kizkitza Biguri, Department of accounting and operations management


Price per course is NOK 9 500, - Payment is made upon registration.


  • Start date: Sep 3rd.
  • Online lectures: Sep 10th., Sep. 17th., Sep 24th.

Register here



The series of Short Online Modules consists of three separate modules where you can chose one, two or three modules. Each module runs over a period of three weeks with weekly 3 hours online live classes at Zoom and online learning material and activities at the Insendi learning platform.


If you have signed up for all three modules within the same course series, and qualify for exam for this type of course at BI, you may formalize the course series with an exam, counting for 7.5 ECTS.

The admission requirement for a 7,5 ECTS course at bachelor level is passed three years upper secondary education (In Norway this provides general study competence). Alternatively, admission may be based on age and prior learning and work experience. The deadline if you want to apply for the exam is February 25th for the Spring semester or September 25th for the Autumn semester. There is an exam fee, currently NOK 2950,-

Practical information

Course start: Sep 3rd.

Courses are available on Insendi:
Sep 10th.: Webinar 1
Sep 17th.: Webinar 2
Sep 24th.: Webinar 3
Homework exam (optional): Sep 24th.

Course end: Sep 24th.


Register here