Finance For Non-Finance Programme
Objectives
This programme aims to meet the requirements of operating managers who would like to be well versed with the introductory nuances of finance in different functional areas. Deciphering financial concepts and developing the ability to see the business implications of numbers is a key outcome of this programme, which aims to help participants:
- Understand the implications of finance on various corporate activities
- Understand and analyse financial statements
Be in a better position to discuss relevant financial issues with finance managers/stakeholders in their organisation
- Understand the impact of various decisions on a company’s performance
- Get practical insights and gain swift appreciation of the fundamentals of finance and accounting.
Participants
Managers from Sales, Marketing, Human Resource, R&D, Production, Procurement
Program Structure This is one day training program ,covering following topics:
- Basics of financial accounting and understanding financial statements
- Working capital management
- Cost information for decision-making and budgeting to develop commercial acumen
- Evaluation of investment projects
- Question and answer session
Pedagogy :
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The programme is designed with a mix of experience sharing, real life case discussions, besides lectures conducted in the class
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Provide practical insights and gives non specialists a swift appreciation of the fundamentals of finance and accounting, leading to better retention of the knowledge gained