This program aims to meet the requirements of operating managers in different functional areas who would like to be well versed with the introductory nuances of finance.
Operating managers, in order to be effective and result oriented should be finance savvy, able to understand and present, drive and measure business plans in terms of financial figures and communicate in a common 'business language' through financial figures. Introductory programme on finance can be instrumental to enhance the profile of operating managers.
Finance cuts across levels and businesses and has unifying influence. Further, operating managers need to be equipped with a financial decision making tool kit which helps them to identify businesses to get into, take pricing decisions, decide on the product mix, identify areas for cost reduction and take a make or buy decisions. This program aims to meet the requirements of operating managers in different functional areas who would like to be well versed with the introductory nuances of finance.
ISBM paves a path to early success in life through its fast-track short duration correspondence courses. These courses consist of concepts and case studies that provide broad exposure to relevant business concepts and management specifics.
This helps them to get started as “Managers” by enhancing their productivity, capability to formulate business policies, strategies and their implications for the organization.
This 2 days' Training on "Finance for Non-Finance" has been designed to empower the participants with critical understanding of Financial Statements such as Balance Sheet, Profit & Loss Statement and Fund flow Statement and how the same are used in the business for decision making.
Finance for Non-Finance Executives course is offered by National Bank Staff College (NBSC). The College has well qualified and experienced team of Faculty Members to cater to the diverse needs of training.
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.
Finance for non-finance programme is designed to develop financial skills among professionals working in non-finance functions like HR, production, sales and marketing and R&D.
Basic knowledge of finance is essential for all professionals, even if they do not have a direct role to play in the finance and accounting departments of the organisation.
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