Cost Management: Understanding the Financials of Your Product

Description

As a product manager you don’t need to be an accounting expert—but you do need to understand your product’s financial state.

In this course, we will teach you the essential accounting and finance skills that product managers need to feel confident when making key product decisions, advocating for team resources, and communicating profits (and losses) with stakeholders. By leveraging accounting and cost management concepts, you will gain a better understanding of your product’s current financial health and be equipped to anticipate how the decisions you make today will affect your product’s financial future.

What you will learn

Build product profitability projections and establish product pricing methods
Evaluate data to generate the best financial outcomes
Navigate basic accounting concepts and jargon

Continuing Education Units

By completing this course, you’ll earn 1 Continuing Education Unit (CEU). CEUs cannot be applied toward any Stanford degree. CEU transferability is subject to the receiving institution’s policies.

Record of Completion

When you complete each course, you’ll receive an email with a link to download your Record of Completion. This email will be sent to the address you provide in your mystanfordconnection within 3 business days of course completion.

Questions