Online Supply Chain Management Finance
Supply Chain Management Finance Academy
Haslam College of Business
Program Overview
The Supply Chain Management Finance Academy is an eight-week program designed to provide managers, directors, and high-potential employees the financial foundation they need to interpret results and make decisions that impact the supply chain.
This first-of-its-kind program draws upon the industry-leading supply chain curriculum in the Haslam College of Business and learning that emerges from close relationships with peers and faculty.
Credit Hours*
3
Cost**
$2,495
Testing Requirements
None
Admission Terms
Spring & Fall
*Completion of this academy earns 3 credit hours towards the Master of Science in Supply Chain Management online program, which accepts up to 6 credit hours (two academy certificates).
**This price is inclusive of all University fees and charges including any and all eBook materials. Discounts are available for Global Supply Chain Institute Forum Partner Company employees and will be applied, if applicable, after initial registration.
Develop Essential Finance Skills for Supply Chain Management
The Global Supply Chain Institute is here to provide you with expert faculty and connections to help you build the financial acumen you need to succeed in supply chain management. In this course, you will learn how to analyze:
- Income statements
- Balance sheets
- Cash flow
- Financial results
This innovative synchronous and asynchronous online course will help you improve relevant foundational finance skills, grow your career, and drive value for your organization.
Interested in earning a master’s in supply chain management?
The academy provides valuable class credits (3) to fast-track your path to UT’s online master’s in supply chain management degree. Register the following academies to gain credit hours toward your degree and enhance your supply chain expertise.
SCM Leadership Academy
SCM Planning Academy
SCM Foundations Academy
What You Will Learn.
The SCM Finance Academy will be divided into 8 modules:
- Key components of supply chain finance
- Benefits of financial literacy on your career
- The effects of assumptions and estimates on financial statements
- Calculating return on assets (ROA) using the Strategic Profit Model
- How supply chains can influence ROA
- Interpreting the generally accepted accounting principles to the income statement
- Matching principle, depreciation, and amortization
- Critiquing cost of goods sold, sales, general and administrative, gross income, and net income
- Examining a company’s revenue recognition decisions, assumptions, and estimates reflected in profit
- Predicting the effect of supply chain decisions on the income statement
- Calculate gross profit, operating profit, and net profit
- Balance sheet uses and limitations
- Structure of a balance sheet and its components (assets, liabilities, and owner’s equity)
- Assessing a company’s financial position
- Predicting the impact of supply chain decisions on the balance sheet
- Calculating ratios
- The effect of supply chains on cash flow
- Optimizing working capital
- The impact of non-cash items, such as depreciation and amortization, on cash flow
- Using the statement of cash flow to evaluate a company
- Elements of the cash flow, cash cycling, and working capital
- How financial metrics can be used to mitigate risk, as a supplier selection, and to measure performance
- Optimizing supply chain management (SCM) performance with financial metrics
- Evaluating business performance using financial metrics
- Calculating basic financial metrics
- Explaining how supply chain functions impact working capital
- Calculating the full cost of inventory
- Explain the strategic and annual planning process
- Supply chain managers’ role in the annual planning/budgeting process, specifically in procurement
- Budget factors that supply chain managers must consider
- Objectives, strategies, measures, and targets relative to the supply chain
- Basic forecasting techniques as they relate to the budget
- The role of the supply chain in the capital planning process
- Producing the key components of a business case
- Key financial calculations to measure a project’s performance (i.e., net present value, payback, ROI, and IRR)
Advance Your Career in Supply Chain Finance
In 8 short weeks, you can become an expert on managing supply chains with financial efficiency and security. Take the next step in your career and register today.
Register NowKey Dates & Deadlines
Program Duration: 8 weeks
March 3 – April 27, 2025
