Of all the functional areas of management, finance perhaps stands out as the most challenging and crucial one. Successful management of businesses requires a sound understanding of the concepts and methodologies of financial management.
Of all the functional areas of management, finance perhaps stands out as the most challenging and crucial one. Successful management of businesses requires a sound understanding of the concepts and methodologies of financial management. As an analogy to the human body, finance is like the blood flowing through the organization.
Every member of an organization contributes to the overall growth of the organization. But those belonging to the non-finance areas often are not able to understand the growth reflection in terms of numbers. Numbers and its language always remains an alien to them. The non-finance executives can thus add lot of value to their profile by being conversant with the essential principles of finance, so that they are not only able to comprehend the numbers but are also able to relate their output to them.
The non-finance executives generally remain so occupied with managing their own jobs that they find no time to learn about the other areas. Rising up the ladder of one’s managerial career when one is required to be the in charge of a business unit, it is imperative for the general manager to have knowledge of all functional areas and especially finance.
Objectives
This brief programme of three days aims at equipping the participating non-finance executives with the essentials of financial management through an understanding of the basic functions of finance, financial statements and their managerial implications, techniques for appraisal of projects, financial decisions involved in day to day working, and capital structure decisions of a firm.
The programme will also introduce the participants to financial derivatives as risk management tools and provide an overview of the financial markets.
The programme intends to fulfill the aforesaid objectives through an assorted use of one or more of the different pedagogical tools such as case analysis, discussions, role playing, lectures, group exercises etc.
At the end of the programme, the participant should be able to feel friendly with numbers and relate their input better to the output of the firm and to the broader environment within and outside the firm.
Content:
With the objectives of imparting high quality management education and training, the Department of Higher Education, Ministry of Education, Government of India established Indian Institute of Management Indore as Institutions of Excellence. These Institutions are recognized as premier management institutions, comparable to the best in the world for teaching, research and interaction with industries.
Established in 1996, Indian Institute of Management Indore (IIM Indore) has been a leader in the field of management education, interfacing with the industry, government and PSUs. It is promoted and nurtured by the Ministry of Education, Government of India and is an institute of national importance under the Indian Institutes of Management Act 2017.
Situated atop a scenic hillock, the 193 acre campus of IIM Indore provides an ideal backdrop for contemplative learning. IIM Indore has the latest in teaching aids, rich learning resources, a strong IT backbone, state-of-the-art sports complex and hostels as well as contemporary infrastructure.
Finance for Non-Finance Professionals training is offered by Digital Vidya for all skill level. At Digital Vidya, we have a very focused approach to training corporations.
Empower your teams with expert-led on-site/in-house or virtual/online Finance for Non-Finance Managers Training through Edstellar, a premier Finance for Non-Finance Managers training company for organizations globally.
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Finance for Non Finance course is offered by Edu4Sure. We at Edu4Sure are proud of our experienced and reputed trainers who aid us in delivering quality education, which is at par with the world. Our trainers go beyond national boundaries and include international experts in various fields.
Our result-oriented finance and accounting courses caters to professionals and students. These programs are Impactful and can be customised to help you gain/sharpen skills and capabilities in your area of interest.
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