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.