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IT Financial Mgmt (ITFM)

Run IT like a business. Master CapEx vs OpEx, Total Cost of Ownership (TCO), and chargeback models for technology budgets.

Technology is often a black hole of spending. This course teaches IT Financial Management. You will master the difference between CapEx (Hardware/Capital) and OpEx (Cloud/Subscription) and the accounting implications. Learn to calculate Total Cost of Ownership (TCO) for software, implement Chargeback/Showback models to allocate costs to departments, and build an annual IT budget. Essential for CIOs and IT Directors responsible for the P&L.

100% Free & Lifetime Access
⏱️ 5-Minute Lessons (Bite-sized learning)
🚀 21-Lesson Path (Independent modules)
📱 Mobile Friendly (Learn anywhere)
CIOs
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Complete Course Syllabus

  • 1
    CapEx vs OpEx
    The shift from buying servers to renting cloud.
  • 2
    TCO Analysis
    Hidden costs: Maintenance, Support, and Training.
  • 3
    Budgeting Cycle
    Zero-based budgeting vs incremental planning.
  • 4
    Chargeback
    Billing internal departments for IT usage.
  • 5
    Portfolio Mgmt
    Balancing 'Run the Business' vs 'Change the Business' spend.

Estimated completion time: 21 lessons • Self-paced learning • Lifetime access

Career Outlook

Estimated Salary
$130k - $190k

Career Paths

IT Finance Director $150k-$200k
CIO $200k-$300k+
IT Business Partner $130k-$170k

What You Will Learn

Build and manage multi-million dollar IT budgets
Differentiate and optimize CapEx vs OpEx spend
Calculate Total Cost of Ownership (TCO) for stacks
Implement Chargeback models to drive accountability
Negotiate enterprise contracts based on financial value

Skills You Will Gain

IT Budgeting Financial Analysis TCO Modeling Forecasting Asset Management

Who Is This For

IT Directors
CIOs
Finance Managers

Prerequisites

Management Exp
Excel

IT Financial Mgmt (ITFM) FAQs

Accounting?

Yes, heavily focused on corporate finance rules.

Boring?

No, money is power in the enterprise.

FinOps?

ITFM is broader; FinOps is specific to Cloud.

Excel?

Advanced Excel modeling skills are required.

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