Finance for Non-Finance Executives

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. The 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 programme 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.

Contents

Understanding and Analysis of Financial Statements

  • Balance Sheet
  • Profit and Loss Statement
  • Cash Flow Statement
  • Use of Financial Ratios as Key indicators

Cost information for Problem Solving and Decision-Making

  • Types of Costs
  • Understanding of Cost Behaviour
  • Establishing Break-even Levels
  • Using Costing for Product Pricing

Evaluation of Investment Projects

  • Time Value of Money
  • Project Cash Flows: Estimation
  • Techniques of Evaluation: Payback/NPV/IRR

Working Capital Management

  • Estimation of Working Capital Needs
  • Working Capital Cycle
  • Management of Inventory/Receivables/Cash/Payables

Strategic Finance

  • Financial Markets and Instruments
  • Tax Planning
  • International Finance

Who can participate

Managers at middle level who need to have an exposure to finance. Past programmes have been attended by professionals in corporate planning, manufacturing, marketing and sales, HRD and finance too.

Registration and Fees

Participants should be nominated by their organisations. The enclosed nomination form should be completed and returned with all the details. The fee of the programme is Rs. 55,000 (rupees fifty-five thousand only) per participant which includes a professional fee and all charges for lodging and boarding and supply of course materials. GST as applicable will be charged extra in addition to the programme fee. Payment should be made by cheque/NEFT/RTGS .