Unlock financial mastery for non-financial managers on this one day intensive course.
Course Overview
In today's fast-paced business environment, understanding finance is crucial for making informed decisions, regardless of your primary field of expertise. Our 'Finance for Non-Financial Managers' course is meticulously designed to bridge the gap between finance and other managerial roles, equipping participants with the essential financial knowledge and tools required for strategic decision-making.
This one-day intensive course offers a deep dive into the fundamentals of finance, tailored specifically for non-financial managers. From preparing the financial statement to interpreting the financial reports, we cover the critical financial concepts in a practical, easy-to-understand manner. Our experienced instructors, who are seasoned finance professionals, provide real-world examples and hands-on exercises to ensure that learning is both effective and relevant.
Participants will leave the course with a solid understanding of financial principles, enabling them to analyze their department's financial health, contribute to financial planning, and make decisions that align with their organization's strategic goals. Whether you're leading a team, managing projects, or aiming for senior leadership positions, this course will empower you to contribute more significantly to your organization's financial success.
Join us to demystify finance, boost your confidence, and enhance your managerial capabilities.
Course Details
More general details and module titles.
- Demonstrate a basic understanding of financial statements, including the purpose and content of the balance sheet, income statement, and cash flow statement.
- Recognize and identify key financial metrics and terms commonly found in financial statements, such as revenue, expenses, assets, liabilities, and net income.
- Calculate and interpret basic financial ratios, such as liquidity ratios (e.g., current ratio), profitability ratios (e.g., gross profit margin), and solvency ratios (e.g., debt-to-equity ratio).
- Assess a company's basic financial performance by comparing financial statements over time, identifying trends or changes in key metrics, and making simple evaluations of the company's financial health.
How you'll be taught
Our teaching approach is face to face combines with interactive lectures, real-life case studies, and practical exercises, ensuring you gain hands-on experience and immediate applicability of financial concepts to your day-to-day work.
Assessment
Formative Assessment to apply the financial concepts learned directly to real-world scenarios relevant to your role
Entry requirements
Applicants must be a Scottish resident to be eligible for this funded intake, with full funding provided by the Scottish Funding Council.
Aimed at mid-level and senior-level professionals, participants could have some managerial or supervisory experience, although specific finance or accounting knowledge is not required. This ensures that learners can relate the course content to real-world managerial scenarios.
Educational Background: A bachelor's degree in any field is recommended but not mandatory. The course is designed for non-financial managers, so a diverse educational background enriches the learning experience for all participants.
Language Proficiency: Proficiency in English is essential to ensure full understanding of the concepts and active participation in discussions.
Dates
This course will run in-person on Thursday June 20, 2024.