The document provides information about the HBX Leading with Finance program, including: - It is designed by Harvard Business School to deliver case-based learning about finance principles in an engaging online environment. - The program provides a thorough understanding of finance concepts like balance sheets, income statements, and financial ratios. - It consists of 6 modules, multiple case studies, and a capstone assignment to apply the concepts learned throughout the program.

2. QUIZ
QUIZ
HBX is the digital learning initiative from Harvard Business School. HBX programs are designed to deliver a social, active,
and case-based learning experience in a highly-engaging digital learning environment. Leading with Finance provides
participants with a thorough understanding of the principles of finance—a conceptual toolkit for making smart financial
decisions and the confidence to clearly articulate those decisions to key stakeholders.
SYLLABUS
For more information, visit HBXLeadingwithFinance.com or email us at hbxinfo@hbs.edu
© Copyright 2016. President and Fellows of Harvard College. All Rights Reserved.
MODULE
1
MODULE
2
MODULE
3
MODULE
4
MODULE
5
MODULE
6
CAPSTONE
ASSIGNMENT
• Unidentified Industries
• Timberland
• Corning Glass
• Hon Hai Sharp
• Corning Glass
• Hon Hai Sharp
• Short-selling Bekaert
• Tops Friendly Market
• Corning Glass
• Capital Structure at Biogen
• Heineken: Building a Mexican Brewery
• Tops Friendly Market
• Spirit Aero Systems
• Dell Valuation
• Apple iPrefs
• Convergence Pharmaceuticals
• Heineken Ethiopia Expansion
• Biogen Share Repurchases
• Understand the building blocks of financial analysis:
the balance sheet, the income statement, and financial ratios
• Develop an intuition for the concepts behind the principles
of finance
• Apply your knowledge to identify companies by reviewing
their financial statements
• Identify the fundamental differences between accounting
and finance
• Examine the use of cash as a measurement of value creation
in finance
• Explore the three pillars of value creation and how
to achieve them
• Discover why capital is costly and how to use this information
to benefit your organization
• Determine how the future affects value today
• Compare various valuation methods and examine
Net Present Value
• Discuss potential risks involved in mergers and acquisitions
• Build a strong understanding of the players in the
financial services industry and the roles they each play
• Contemplate the financial system, its flaws, and
potential solutions
• Discuss capital allocation and the use of free cash flows
• Analyze the various options companies have for investing their
cash through reinvestment or distribution
You will finish the course with a short capstone assignment in which you will answer a series of questions about the
material taught in the course.
CASE STUDIES KEY TAKEAWAYS
Financial
Analysis
Finance
versus
Accounting
Capital
Markets
Creating Value
Valuation
Capital
Allocation
MODULES
QUIZ
QUIZ
QUIZ
QUIZ
CAPSTONE
ASSIGNMENT
DUE
Leading With Finance

3. 19/01/2017 HBX Leading with Finance: Certificate Status
https://mail.aol.com/webmail­std/en­us/printMessage 1/1
From: HBX <hbxsupport@hbs.edu>
To: rvanegap <rvanegap@aol.com>; rvanegap <rvanegap@aol.com>
Subject: HBX Leading with Finance: Certificate Status
Date: Mon, Nov 21, 2016 3:30 pm
Dear Ricardo,
Congratulations!
We are pleased to inform you that you have successfully completed the learning
requirements for HBX Leading with Finance and have been issued a Certificate of
Completion. We encourage you to share this news with your friends and family and refer
those who may be interested!
This certificate will be mailed to the address we have for you on file. Please verify your
address by clicking your name in the upper­right corner of My Dashboard and selecting
“Update Profile.” Please check and update your address by November 28 at 8:00 AM
ET (UTC 12:00). After that time, we will start processing Certificates to send to the
addresses on file. Participants located in the United States will begin receiving their
certificates in mid December; note that it may take several weeks before the certificate
reaches participants outside the United States.
Thank you so much for your participation in Leading with Finance. If you have not
already done so, we encourage you to keep up to date with HBX by joining our LinkedIn
Company Page and following us on Twitter, Facebook, YouTube and Instagram. We
hope you will stay in touch and let us know as you find ways to apply your learnings to
your career!
Sincerely,
The HBX T
eam

4. 19/01/2017 Join the HBX LinkedIn Networking Group!
https://mail.aol.com/webmail­std/en­us/printMessage 1/1
From: HBX T
eam <hbxinfo@hbs.edu>
To: rvanegap <rvanegap@aol.com>
Subject: Join the HBX LinkedIn Networking Group!
Date: Thu, Dec 8, 2016 10:37 am
Hi Ricardo,
Congratulations on earning your HBX Leading with Finance Certificate of Completion! The
course may be over
, but your HBX experience doesn’t have to be.
Network With Your Peers
We are pleased to formally invite you to join the
HBX LinkedIn Networking Group
! This group
has been established exclusively for those who successfully complete on of our HBX
offerings.
Through this group, you can stay up­to­date on HBX happenings and connect with certificate
holders from Leading with Finance cohorts as well as past participants from all of HBX! As
the group grows with each new cohort, you'll find your network continuing to expand. Click on
the link below to request to join. After we verify your status, you're in!
Keep Learning
Sign up to receive
Working Knowledge
, Harvard Business School’
s cutting­edge research
and ideas newsletter
, direct from HBS faculty
.
Spread the Word
Did you love your Leading with Finance experience? Do you want to share your story with
others? Fill out a student profile to be featured on the student profiles section of our webpage
and our social channels.
All the best,
Your friends at HBX
Connect with HBX online

7. 175 N. Harvard St.
Application ID: 22700
Participant Name: Ricardo A VanEgas
Dear Ricardo,
Congratulations! On behalf of HBX faculty and staff, I am pleased to inform you
that your application has been approved for the program Disruptive Strategy with
Clayton Christensen beginning 06/22/2016. We are excited to welcome you to
the HBX community and are eager to engage with you in the coming months.
After completing HBX Disruptive Strategy, you will be well versed in innovation
theories and best practices, and feel more confident in setting the strategic
direction for your team or organization. You will be part of a program that has
dedicated itself to providing its students with the knowledge and skills needed to
actively engage with the changing business world around them.
The HBX team is confident that your participation throughout the course will be
invaluable to your fellow cohort members. We look forward to having you join us
and will be in touch with more information about Disruptive Strategy in the
coming weeks.
Geri Fox
Director of Admissions
03/14/2016
Boston, MA, 02163