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Finance for Non-Finance Managers


KnowledgeHut

Summary

Price
£599 inc VAT
Or £66.56/mo. for 9 months...
Study method
Onsite
Qualification
No formal qualification
Additional info
  • Tutor is available to students

Overview

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. Managers who lack the capacity to make intelligent assessments of financial data will find themselves handicapped and unable to understand the impact of their strategies on the financial bottom-line.

KnowledgeHut’s two-day course in Finance for Non-Finance Managers cuts through complex financial information, explaining principles in simple terms that can be easily comprehended by the layperson. The practical and interactive sessions are designed to provide a thorough working knowledge of critical financial concepts. Learn how to interpret and assess financial statements, and understand how business decisions are hinged on the possible financial impact they may have. As global businesses today span geographies, the programme also intends to provide an overview of international financial management.

This course will equip you with a collection of tools and insights to enable you to fulfil your professional goals as well as the expectations of your companies and investors. Having completed this course, you will be able to assimilate and analyse financial data, evaluate financial risks and communicate effectively with the financial team. Improve your planning and budgeting skills, sharpen your business acumen; and learn to make the right money-related decisions that notch up your business numbers!

Description

From the Course:

By the end of the course all participants will have the following:

  • An understanding of basic financial accounting terms and concepts
  • A greater understanding of accounting and finance systems and the objectives of financial statements
  • Knowledge of frameworks for applying financial analysis to management decision making
  • An understanding of basic financial models, key financial ratios and indicators
  • Basic planning and budgeting skills
  • The confidence and skills to contribute to financial management within their organisation
  • An awareness of the role of finance within the larger organisational structure and its contribution to overall business strategy
  • A thorough working knowledge of critical financial principles


From the Workshop:

  • 16 hours training led by industry experts
  • Downloadable e-book
  • Case studies
  • 60 minute online test with 20 questions
  • Participation certificate on successful completion

Who is this course for?

As this course is designed for Non-Finance Managers, it does not require any financial qualification. However, it would be helpful if you are familiar with Excel (preferably Excel 2007 or 2010) as the course extensively uses excel-based case studies to explain important concepts in a simple and lucid manner.

This course explains the essential concepts of accounting and finance to managers who do not have a financial background and is tailored to the level of delegates’ experience.

Middle level executives working in marketing, operations, materials, human resource and other non-finance areas of companies, and desirous of understanding the basics of finance will find value from attending this course.

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FAQs

Study method describes the format in which the course will be delivered. At Reed Courses, courses are delivered in a number of ways, including online courses, where the course content can be accessed online remotely, and classroom courses, where courses are delivered in person at a classroom venue.

CPD stands for Continuing Professional Development. If you work in certain professions or for certain companies, your employer may require you to complete a number of CPD hours or points, per year. You can find a range of CPD courses on Reed Courses, many of which can be completed online.

A regulated qualification is delivered by a learning institution which is regulated by a government body. In England, the government body which regulates courses is Ofqual. Ofqual regulated qualifications sit on the Regulated Qualifications Framework (RQF), which can help students understand how different qualifications in different fields compare to each other. The framework also helps students to understand what qualifications they need to progress towards a higher learning goal, such as a university degree or equivalent higher education award.

An endorsed course is a skills based course which has been checked over and approved by an independent awarding body. Endorsed courses are not regulated so do not result in a qualification - however, the student can usually purchase a certificate showing the awarding body's logo if they wish. Certain awarding bodies - such as Quality Licence Scheme and TQUK - have developed endorsement schemes as a way to help students select the best skills based courses for them.