Finance for Non Financial Managers

Course details

OVERVIEW:

Our Finance for Non-Finance Managers course prepares professionals from fields like sales, marketing, HR, research, production, and procurement to confidently understand and apply financial concepts. This KHDA-approved program simplifies complex financial topics, making it perfect for those with no prior finance experience. Gain clarity on income statements, balance sheets, and cash flow statements to make better business decisions.

Why Enrol in the Finance for Non-Finance Managers Course?

This Finance for Non-Finance Managers course helps you:

• Break Financial Barriers: Understand key financial statements for informed decision-making.
• Enhance Career Growth: Develop practical financial knowledge to bridge the gap between financial and non-financial roles.
• Boost Business Performance: Learn how financial insights can improve business strategies.

Course Highlights:

• 30 Hours of Comprehensive Training: Expert-led sessions tailored for non-finance professionals.
• 12 Practical Modules: Covering budgeting, cost management, financial risk, and more.
• KHDA-Approved Certification: Globally recognized qualification for career advancement.
• Flexible Learning Options: Choose between online or in-person sessions.
• Easy Payment Plans: Convenient instalment options available.

Module 1: Introduction to Finance

• Understanding the Role of Finance in Business
• Key Financial Terminologies and Concepts
• The Importance of Financial Literacy for Non-Finance Managers

Module 2: Financial Statements Analysis

• Overview of Financial Statements (Balance Sheet, Income Statement, Cash Flow Statement)
• Interpreting Financial Statements to Assess a Company& Financial Health
• Ratio Analysis and its Application for Decision-Making

Module 3: Budgeting and Forecasting

• Basics of Budgeting and its Significance for Non-Finance Managers
• Creating and Managing Budgets
• Understanding the Forecasting Process and its Relevance

Module 4: Cost Management

• Types of Costs in a Business (fixed, variable, direct, indirect)
• Cost Behavior and Cost-Volume-Profit Analysis
• Cost Control and Cost Reduction Strategies

Module 5: Capital Budgeting and Investment Decisions

• Evaluating Investment Opportunities (Payback Period, Net Present Value, Internal Rate of Return)
• Understanding the Concept of the Time Value of Money
• Making informed Investment Decisions

Module 6: Financial Planning and Analysis

• Creating a Financial Plan Aligned with Organizational Goals
• Financial Modeling and Sensitivity Analysis
• Analyzing Financial Data to Support Strategic Decision-Making

Module 7: Financial Risk Management

• Identifying and Assessing Financial Risks in Business
• Techniques for Managing Financial Risks (hedging, insurance, diversification)
• The Role of Non-Finance Managers in Risk Mitigation

Module 8: Working Capital Management

• Understanding Working Capital and its Significance
• Techniques to Optimize Working Capital (inventory management, accounts receivable, accounts payable)
• Balancing Liquidity and Profitability

Module 9: Financial Communication and Reporting

• Effective communication of Financial Information to Stakeholders
• Tailoring Financial Reports for Different Audiences
• Transparency and Ethical Considerations in Financial Reporting

Module 10: Corporate Finance and Decision-Making

• Overview of Corporate Finance Principles
• Capital Structure and its Impact on a Company& Financial Position
• Financial Considerations in Strategic Decision-Making

Module 11: Corporate Governance and Ethics

• Importance of Corporate Governance in Financial Management
• Ethical Considerations in Financial Decision-Making
• Aligning Financial Practices with Corporate Values

Module 12: Case Studies and Practical Applications

• Real-World Case Studies Illustrating Financial Challenges and Solutions
• Hands-on Exercises and Simulations for Practical Application of Concepts

KEY TAKEAWAYS:

Upon completion of our Finance for Non-Finance Professionals program, the candidate will be able to:

• Learn the fundamentals of finance and accounting quickly with practical insights
• Assess the financial statements
• Understand the cost and ways to reduce it
• Discuss relevant financial issues with finance managers/stakeholders in the organization
• Analyze how various decisions impact the performance of a business

ACCREDITATION:

Our Finance for Non-Finance Professionals course is accredited by ISO 9001: 2015 and the Knowledge and Human Development Authority (KHDA).

Why Learner’s Point?

• Expert Trainers: Learn from industry professionals with hands-on experience.
• KHDA-Approved: Earn a globally recognized certification in Dubai.
• Proven Success: Our alumni thrive in leading financial and managerial roles.
• Flexible Learning: Attend from anywhere with customizable options.

Testimonials

Samsher Ahmed, Financial Analyst

"Enrolling in the Finance from Non-Finance course at Learners Point Academy was a game-changer for me. The comprehensive curriculum and engaging instructors provided me with a solid ;

Khalid Al-Farsi, Investment Consultant

"As an Investment Consultant, I needed to understand the language of finance despite my non-finance background. Learners Point Academy's Finance from Non-Finance course was the perfect solution. The course structure was tailored to suit professionals like me, and the real-world case studies made complex financial concepts easy to grasp. Highly recommended for anyone looking to boost their ; Updated on 14 January, 2025