Must Know Financial Concepts and Terms for IT Pros Course

Beginner English
Created by James Ntui
Last updated Mon, 01-Aug-2022
+ View more

Course overview

The MUST KNOW Financial Concepts and Terms for IT professionals is a short, non-certification to augment the knowledge, competencies, and capabilities of IT professionals (and even non-IT professionals) concerning financial terms and concepts.

This course will be useful for any IT professionals who will do design decisions based on customers' requirements and constraints and understand the business and financial jargon as well.


• Lesson 1: What is Finance? • Lesson 2: Importance of Finance • Lesson 3: Types of Finance • Lesson 4: Principles of Finance • Lesson 5: What is Finance for IT • Lesson 6: What is CAPEX? • Lesson 7: What is OPEX? • Lesson 8: What is a Budget? • Lesson 9: Total Cost of Ownership • Lesson 10: What is RFI? • Lesson 11: What is RFP? • Lesson 12: What is LOI? • Lesson 13: Purchase Order • Lesson 14: Service Level Agreement • Lesson 15: SWOT Analysis • Lesson 16: Forecasting • Lesson 17: What is ROI? • Lesson 18: Return on Sales • Lesson 19: Conflict of Interest • Lesson 20: Due Diligence • Lesson 21: Cost of Capital • Lesson 22: Net Present Value (NPV) • Lesson 23: Revenue Growth • Lesson 24: Gross Margin • Lesson 25: Benefit-Cost Ratio • Lesson 26: Risk Tolerance • Lesson 27: Cash Flow • Lesson 28: Warranty and Guarantee • Lesson 29: Developing an IT Budget. • Lesson 30: Key Performance Indicator (KPI). Also, as with all our other courses, students of this course are placed in our Study Group. So, when you have any technical questions, you can ask the Instructors directly, which is one of the biggest benefits of our courses. It is not a Forum, it is a Live, Study Group with thousands of people!

What is the target audience for this course

IT professionals or even non-IT professionals

What will i learn?

  • The main objective of this short course is to familiarize people with financial concepts and terms, which usually pose a problem for IT professionals (IT managers, Chief Information Officers, CIOs, IT project managers, and IT engineers), and even non-IT professionals.
  • Additionally, after completing this course, you should be able to: • Understand financial and business concepts to improve your career
  • Fully understand how to apply financial concepts in IT and in other aspects of life.
  • Take advantage of the trainer’s extensive experiences leading projects, managing IT departments, and dealing with finance, investments, and other financial vehicles
  • Know the various definitions of financial concepts and terms
  • Know some key formulas. and Benefits from various illustrations, statistics, and examples.


  • Willing to Learn


31 Lessons 08:50:29 Hours
Must Know Financial Concepts and Terms Course Introduction
1 Lessons 00:07:07 Hours
  • MUST KNOW Financial Concepts and Terms - Intro
    Preview 00:07:07
  • What is Finance
    Preview 00:19:38
  • Importance of Finance
  • Types of Finance
    Preview 00:20:02
  • Principles of Finance
  • What is Finance for IT
  • What is CAPEX
    Preview 00:20:39
  • What is OPEX
  • What is a Budget
  • Total Cost of Ownership
  • What is RFI
  • What is RFP
  • What is an LOI
  • Purchase Order
  • Service Level Agreement
  • SWOT Analysis
  • Forecasting
  • Net Present Value (NPV)
  • Revenue Growth
  • Return on Sales
  • Return on Investment (ROI)
  • Conflict of Interest
  • Due Diligence
  • Cost of Capital
  • Gross Margin
  • Benefit-Cost Ratio
  • Risk Tolerance
  • Cash Flow
  • Warranty and Guarantee
  • Developing an IT Project Budget
  • KPI - Key Performance Indicator
Daniel Lardeux
Daniel Lardeux Senior Network Consultant at Post Telecom

I passed the CCDE Practical exam and Orhan’s CCDE course was very important contributor to my success. I attended the CCDE course of Orhan Ergun in July and it was exactly what I needed, Orhan is taking the pain to break down the different technologies.

Roy Lexmond
Roy Lexmond Senior Network Designer at Routz CCDE #20150017 & CCIE R&S; #26557

After I attended Orhan Ergun’s CCDE course I passed the CCDE practical exam.I really enjoyed the course a lot ...

Nicholas Russo
Nicholas Russo Network Consulting Engineer (CCDE/CCIEx2), Cisc

I signed up for Orhan’s CCDE training. This training is very technically detailed and the use-cases, quizzes, scenarios, and mind maps are all great resources in the overall training program. Orhan teaches his students to think like a network designer ...

Slide Heading
Slide Heading Network Systems Engineer at Conscia A/S CCIE #42544 (SP) & CCDE #20160015

Orhan is forcing you to take off the implementation hat that most of us have been wearing for many years, instead he is providing a new fancy design hat, which makes you see and deal with the issues presented ...

Kim Pedersen
Kim Pedersen CCIE in RS and SP (#29189) CCDE#20170021

I’ve used Orhan’s self-paced CCDE training material. If you are interested in knowing how all the technologies go together in a coherent design i can highly recommend it.I also enjoyed the Quizzes which helped pick out my weak spots in selecting ...

Laurent Metzger
Laurent Metzger 3xCCIE/CCDE Senior Network Architect

Hi Orhan. I passed the CCDE exam on February 22. I read everything that you put on your Self Paced CCDE Training course and it was very helpful in my success. Thank you very much.

Martin J. Duggan
Martin J. Duggan Network Architect at AT&T;, Ciscopress Author CCDE #20160006 & CCIE#7942

I attended Orhan’s April 201610 days CCDE Bootcamp. I am CCDE now !

You can tell Orhan has a great deal of experience, it really comes through when he presents his design case studies and the CCDE Practical scenarios.

Muhammad Abubakar
Muhammad Abubakar Lead Network Architect – CCDE #20160016 2xCCIE #26693 2xJNCIE VCIX

Your excellent CCDE materials and amazing Bootcamp helped me tremendously through my learning journey.Also thank you very much for being available whenever I have a design question or a complex design topics. I can’t compare your design skills ...

Jennifer Pai
Jennifer Pai Network/Security Engineer at KNET Technology

Thanks Orhan very much for this course. It helped strengthen my “Network design mind”.

Ruslan Silyayev
Ruslan Silyayev Solution Architect at R.I.S.K Company

Training by Orhan is not a CCDE preperation training only. It will be useful for engineers which are dealing with design. You want to pass CCDE exam or learn network design, then don’t look at anywhere else!

Sameer Meher
Sameer Meher Solutions Architect at 23 Wards/Japan

Orhan Ergun’s CCDE course was really very good. CCDE Level Intelligence was delivered very well and with very useful case studies and the scenarios, I am thankful to Orhan for all his help!

Ken Young
Ken Young Senior Technical Architect Province of Nova Scotia, 2xCCIE #41597 | CCDE #20170047

If anyone wants to understand network design and architecture, also pass CCDE exam , I recommend you to attend Orhan’s online courses! I am a CCDE now but learning is a journey, we will be together in your other courses too Orhan!

Matt Cross
Matt Cross Technical Architect at Heartland – CCDE #2019::7

Orhan did an excellent job of filling in the gaps of knowledge that I had that took me to the finish line of the practical exam CCDE. The community of people that Orhan facilitates are both engaging and supportive of the journey to CCDE. Orhan ...

Shiling Ding
Shiling Ding Sentinel Technologies – CCDE #2019::12

Just passed the CCDE Practical exam! I attended Orhan Ergun’s CCDE training program , used Orhan’s Instructor Led and Self-Paced CCDE training and Online CCDE Practical Scenarios during my CCDE journey. Orhan’s CCDE In Depth book is an excellent summary ...

Abelardo Basurto
Abelardo Basurto Solutions Architect at Cisco Systems – CCDE 2018::6

Hi everyone, I’ve just passed the CCDE Exam. My Number is CCDE 2018::6 I attended to Online CCDE Bootcamp of Orhan. I want to thank Orhan not only for the great book and bootcamp, but also for his commitment, availability and willingness to assist the ...

Hady Mohamed Abdellah
Hady Mohamed Abdellah Network Architect Hamad International Airport Qatar – CCDE 2018::1

Hi guys, I’m so happy that I passed the exam. I’ve already got my number CCDE 2018::1. Thanks to Orhan for being the best CCDE instructor in the world. I highly recomend Orhan’s CCDE Training and In-Depth-CCDE ...

Bryan Bartik
Bryan Bartik Sr. Systems Engineer at CompuNet – CCDE 20170059

Hi Orhan I passed CCDE Practical exam on November 2017 ! I really enjoyed your materials and quizzes and use cases. They were definitely helpful in my preparation. Thanks a lot !

Giedrius Trapkauskas
Giedrius Trapkauskas Network Solutions Architect at Liberty Global – CCDE 20180004

I attended Orhan’s CCDE Training in Istanbul and it was very helpful in my preparation. I passed the exam recently and I want to say Thank you Orhan! For those who want to pass the CCDE exam, definitely start with ...

Alaa Issa
Alaa Issa Sr.Solutions Architect – CCDE#20180033 3xCCIE ( Collab|DC|Security )#27146

I registered to Orhan’s training in Feb 2017. From that time, I attended Orhan’s training several times. The depth of knowledge which Orhan has is amazing, and how to present such consistent knowledge to the ...

Mazin Ahsan Design Lead Engineer | Solutions Engineer | CCDE License # 20160030 | CCIE Licence # 23892

I passed the CCDE Practical Lab exam on November 17,2016 from supplications of elders and dedication from my Sensei Mr. Orhan Ergun I took different CCDE bootcamps in the past. Orhan has the most depth and expertise ...

Jeff Patterson CCDE# 2018::11

Hi Orhan I wanted to pass along my appreciation for the outstanding training material. I used the online CCDE training provided by Orhan as well as the In-Depth-CCDE book and passed the exam in February 2018. Thank you Orhan!

Mehdi Sfar
Mehdi Sfar Network and Security Architect / CCDE #20210003 | CCIE R&S; #51583

I signed up for Orhan’s CCDE Self paced Course. This course, along with the CCDE In Depth book, helped me for my CCDE Practical as well as Written exams. It pushed me to ask the "WHY" questions and allowed ...

Other related courses

PMP Certification Exam Preparation Course

45:19:28 Hours
140 Lectures

James Ntui


ITIL 4 Foundation Certification Training Course

23:34:01 Hours
84 Lectures

James Ntui


About instructor

James Ntui

6 Courses
27 years of Industry Experience. PMP, ITIL, Agile and Scrum Instructor.
Preview this Course
  • 08:50:29 Hours On demand videos
  • 31 Lessons
  • Study Group Participation
  • Acces the Content Anywhere, Anytime
  • Certificate of Completion - Signed by Orhan Ergun
  • Compare this course with other