Finance for Non- Finance Executive _ Course Structure

Please download to get full document.

View again

of 2
5 views
PDF
All materials on our website are shared by users. If you have any questions about copyright issues, please report us to resolve them. We are always happy to assist you.
Document Description
I-Cube Insights,Mumbai Training Program on “Finance for Non- Finance Executives” Imperative of having a good understanding of Finance : Business performance is all about taking risks whilst knowing how to manage the same. The capacity and the capability to manage risk stems from 1. The overall knowledge of all factors that constitutes a risk. 2. Ability to monetize the risk factors involved and estimating the same. 3. Looking at the organizations intrinsic financial and operational strength s an
Document Share
Documents Related
Document Tags
Document Transcript
  III---CCCuuubbbeeeIIInnnsssiiiggghhhtttsss,,,MMMuuummmbbbaaaiii  Prepared By: SB Rev-0 Dated: 28.03.12Course outline: Finance for Non- Finance Executives Training Program on “Finance for Non- Finance Executives” Imperative of having a good understanding of Finance : Business performance is all about taking risks whilst knowing how to manage the same.The capacity and the capability to manage risk stems from1.   The overall knowledge of all factors that constitutes a risk.2.   Ability to monetize the risk factors involved and estimating the same.3.   Looking at the organizations intrinsic financial and operational strength s andweaknesses and understanding the capacity to absorb the impact should the risk devolve and finally;4.   Able to develop to develop appropriate sales and operations strategy so as to beable to handle the risk with minimal or no impact.All the above makes us come to a single point i.e. whatever be the function one isengaged in understanding finance is prime most so as to be able to correctly monetize andassess the risk and management strategies thereof.It is therefore important to have a good understanding of finance in order to be able toperform better than peers and outperform in ones job.This course is structured and focused at non finance corporate functions who need tounderstand the impacts that their action has on the firm’s financial performance and byreflection on the individuals performance and growth path Course objective: The course intends to achieve the following objectives:    Relate ones performance with respect the financial performance of theorganization better.    Improve negotiating skills with customers / Vendors / Subordinates/ Employeesand other stakeholders    Make the executive understand the meaning of financial numbers and theirimpacts on other related activities of the firm.    Make the executives conversant with the financial statements, ratios and themeaning thereof.    Improve dialogue and understanding between the executive and the otherdepartments of the organization.  III---CCCuuubbbeeeIIInnnsssiiiggghhhtttsss,,,MMMuuummmbbbaaaiii  Prepared By: SB Rev-0 Dated: 28.03.12Course outline: Finance for Non- Finance Executives Course Structure:    Understanding the contents of real time profit and loss accounts and balance sheetof companies.    Analyzing Financial Statement and understanding financial health of companiesusing ratio analysis.    Relating impacts that different departments of an organization make on theperformance ratios of a company.    Fundamentals of Costing, break even analysis.    Important of working capital management – cash flow, liquidity.    Special financing and sales tools – Installment sales, different types of paymentterms and their risks and impacts, leasing, Loan financing etc.    Fundamentals of International finance- foreign exchange ,import and export andrisks thereof . Target Audience Junior and middle level executives in a manufacturing organization across sales,purchase, production and Stores, HR, Customer Service
We Need Your Support
Thank you for visiting our website and your interest in our free products and services. We are nonprofit website to share and download documents. To the running of this website, we need your help to support us.

Thanks to everyone for your continued support.

No, Thanks