Accounting Essentials

Course 1 of 4:Professional Certificate in PreMBA Essentials for Professionals 6 Weeks 3 - 5 Hours per week

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About this course

Want to study for an MBA but unsure of your basic accounting skills? Paving the way for MBA study, this course will teach you the foundational accounting skills needed to achieve success on an MBA program and in business generally.

You will be introduced to the principles of accounting and learn about the basic financial statements, including the income statement, the balance sheet and the cash flow statement. You will learn how to read and interpret this information in order to make informed business decisions.

This course assumes no prior knowledge of accounting. Concepts are explained clearly and regular activities offer you the opportunity to practice your skills and improve your confidence.

What you’ll learn

  • How to create and interpret the three basic accounting statements – the income statement, the balance sheet and the cash flow statement
  • How management accounting differs from financial accounting
  • How financial information is used on an MBA program and in business to make informed decisions


  • Accounting statements and principles
  • The income statement
  • The balance sheet
  • The cash flow statement
  • Short-term decision making
  • Long-term decision making

Meet your instructor

Jeremy Fernando

Jeremy is a Senior Teaching Fellow, specialising in Financial and Management Accounting, and a Chartered Accountant. Previously he worked for the accounting firm Kidsons Impey; working for a variety of clients including Arsenal FC, L’Oreal, Nissan and the NHS. Jeremy has also taught at the University of London (Birkbeck College), City University, Kingston University, London School of Economics and Helsinki School of Economics. Jeremy received his BA in Accounting from the University of Kent, and later obtained his Post Graduate Certificate in Education.


6 Weeks

Experience Level


Learning Partner

Imperial College London