Financial Accounting OpenCourseWare: MIT's Free Graduate Level Financial Accounting Class

Published Jan 27, 2009

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MIT's free OpenCourseWare business class 'Financial Accounting' teaches students to analyze financial accounting information to make managerial decisions. This course is designed for students with a background in business seeking a Master of Business Administration.

Financial Accounting: Course Specifics

Degree Level Free Audio Video Downloads
Graduate Yes No No Yes

Lectures/Notes Study Materials Tests/Quizzes
Yes Yes Yes

Financial Accounting: Course Description

Students should take the OpenCourseWare class at the Sloan School of Management at MIT in Cambridge, MA, to learn how to analyze financial accounting data from a business manager's perspective. Financial accounting is primarily used to inform people outside of a company of its current and past condition, while at the same time attracting capital in the form of equity, credit, customers and valuable employees. Financial accounting skills gained through this course promote an exchange of resources between the company and the public. It provides information about a company's economic assets, claims to those assets and keeps track of changes. With all of this information, students can become sophisticated managers making investment decisions, intelligent investors valuing stocks or bankers capable of evaluating risk. By the end of the course, students should be comfortable looking through annual reports, assessing a firm's performance and understanding the limitations of financial data. Business professor Dr. S. P. Kothari teaches this course. Students need an Internet connection and access to the required readings.

This OpenCourseWare includes a syllabus, required readings list, lecture notes, recitation notes, problem sets, a mid-term and final exam and a full download of all course material. Those interested in this free course should visit the financial accounting course page.

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