Finance for Non-Finance Managers

Foiz Ahmed
Last Update March 27, 2024
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Course Prerequisites

  • Please note that this course has the following prerequisites which must be completed before it can be accessed

About This Course

Finance is a language spoken by every successful organization, and understanding its principles is essential for effective decision-making at all levels. This course is designed specifically for non-finance managers who seek to develop a solid foundation in financial concepts, tools, and techniques to enhance their managerial skills and contribute more effectively to their organization’s success.

Topics Covered:

  1. Introduction to Finance: Understanding the role of finance in organizations, key financial objectives, and the importance of financial literacy for non-finance managers.
  2. Financial Statements Analysis: Interpretation of balance sheets, income statements, and cash flow statements to assess the financial performance and position of the organization.
  3. Budgeting and Forecasting: Techniques for preparing budgets, forecasting financial outcomes, and managing financial resources effectively.
  4. Cost Analysis and Management: Understanding cost behavior, cost-volume-profit analysis, and strategies for cost control and optimization.
  5. Capital Budgeting and Investment Decisions: Evaluation of investment opportunities, capital budgeting techniques, and understanding the time value of money.
  6. Financial Risk Management: Identification, assessment, and mitigation of financial risks such as market risk, credit risk, and operational risk.
  7. Financial Planning and Strategy: Developing financial plans aligned with organizational objectives, and integrating financial considerations into strategic decision-making.
  8. Corporate Finance Essentials: Introduction to capital structure, financing options, dividend policy, and shareholder value maximization.
  9. Performance Measurement and Key Financial Metrics: Utilizing financial ratios and metrics to monitor performance, benchmark against industry standards, and drive improvements.
  10. Ethical and Legal Considerations in Finance: Understanding the ethical responsibilities and legal obligations associated with financial management, including compliance with regulations and standards.

Teaching Methodology: This course employs a blend of instructional methods, including lectures, case studies, group discussions, and hands-on exercises. Real-world examples and practical applications will be used to illustrate concepts and enhance understanding. Participants will have opportunities to engage with industry experts, share experiences, and collaborate with peers to reinforce learning.

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Learning Objectives

By the end of this course, participants will:
Gain a comprehensive understanding of fundamental financial concepts and terminology.
Be able to interpret financial statements and assess the financial health of their organization.
Acquire skills to prepare budgets, forecast financial outcomes, and manage financial resources effectively.
Develop the ability to evaluate investment opportunities and make informed capital budgeting decisions.
Enhance their capacity to identify, assess, and manage financial risks.
Learn to integrate financial considerations into strategic decision-making processes.
Utilize key financial metrics to monitor performance and drive improvements.
Demonstrate awareness of ethical and legal considerations in financial management.

Material Includes

  • Tutorial Booklets
  • Instruction Videos

Requirements

  • This course is designed for non-finance managers, department heads, project managers, entrepreneurs, and professionals from various functional areas who seek to enhance their financial literacy and managerial skills. No prior background in finance is required.

Target Audience

  • This course is designed for non-finance managers, department heads, project managers, entrepreneurs, and professionals from various functional areas who seek to enhance their financial literacy and managerial skills. No prior background in finance is required.

Curriculum

1 Lesson4h 15m

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Foiz Ahmed

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800.00৳ 

Level
Intermediate
Duration 4.3 hours
Lectures
1 lecture

Material Includes

  • Tutorial Booklets
  • Instruction Videos
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