After a company has established its vision and strategy, and its product sales function is in place, product managers are responsible for understanding financial statements and managing product performance. Product managers are responsible for the financial forecasting process and setting product pricing based on industry and competitive information. This course, Exploring Product Finance will teach you tools and frameworks that can be used to assist an organization with managing product finance. You'll first learn how to understand financial statements, including the balance sheet and income statement. Next, you will learn how to forecast terms and create a forecasting model. You'll also learn about pricing models and other factors that can impact financial forecasting. You will be able to use your knowledge and skills to explore product finance to help business leaders in strategic discussions.
