Finance for Non-Finance Professionals

Course details

OVERVIEW: The Finance for Non-Finance course in Dubai is intended to provide professionals from functional areas other than finance with extensive insight into the fundamental principles of finance. The Finance for Non-Finance professionals training course prepares professionals to determine cost-savings, budgets, new project decisions, and growth strategies. This Finance for Non-Finance training in Dubai emphasizes understanding of financial statements as well as the basic principles of finance and accounting.

CAREER OPPORTUNITIES: 

Market Trends: The evolving nature of the business landscape has made it essential for non-finance professionals to understand the financial aspects of their departments. Finance knowledge helps professionals get a competitive edge in the business today and climb the corporate ladder. Businesses hire professionals who have the basics knowledge of finance and accounting since these disciplines play a prominent role in their continued existence.

Salary Trends: Financial knowledge and the use of financial tools help non-finance professionals enhance their earning potential. Both senior, as well as junior executives in non-financial roles, are better equipped to maximize their income through their learning of financial concepts and fundamentals. In the UAE, it has been observed that non-finance professionals have a greater chance of elevating their salary if they have a basic understanding of finance.

Demand and Opportunities: Finance is a lifeline for organizations, and professionals with a background in finance have been considered to be extremely vital for any organization. For non-financial executives, learning financial concepts is a great way to enhance their skills in managing the financial aspects of a business, as well as being able to understand the sources and formats of financial reports. The growing importance of finance in various departments of the business has boosted the demand for Finance for Non-Finance Professionals.

COURSE OUTLINE:

Module 1 - Overview of Finance Field

• The accounting equation
• Cash versus Accrual

Module 2 - Financial performance

• Income statement
• Reading statements: What it tells you and it doesn’t?
• Cracking the jargon (EBIT, EBITDA, etc.)

Module 3 - Financial position & Financial analysis

• What are Assets, Liabilities, and Equity?
• Why you should read the balance sheet?
• Cracking the jargon (Leverage, capital, etc.)
• Simple measures of profitability, liquidity, and efficiency
• What does it all add up to?- Analysing the finances

Module 4 - Cash Flow

• What are the Inflows and outflows?
• The critical difference between Cash and profit

Module 5 - Funding

• Common sources of capital
• Debt versus Equity
• The positive and negative sides of debt
• Cost of debt and equity

Module 6 - Investment appraisal

• Time value of money
• Basic principles of appraisal
• Popular methods of appraisal: Payback, NPV, and IRR

Module 7 - Budgetary Control

• Why do we need budgets?
• Basics of accounting
• Types of budgets
• Preparing the profitability budget

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).

ALUMNI: Our academy graduates of Finance for Non-Finance training courses in Dubai are successfully placed in some of the top-notch companies in Dubai like Jumeirah, Aramex, Airarabia, Damac, Emaar, etc. They are entrepreneurs, career changers, and lifelong learners.

WHY LEARNER’S POINT:

Being one of the premier providers of Finance training in Dubai, we have extensive experience in delivering relevant skills and knowledge through our Finance for Non-Finance professionals training courses.

Our Finance for Non-Finance course offers the following advantages:

• Our Finance for Non-Finance course Dubai is designed based on real-world scenarios, formulating and evaluating practical requirements
• Our Finance for Non-Finance training course strives to provide a reality check and insight into the requirements of a challenging role and how to fulfill it
• We also provide live interactive sessions and hands-on experience through assignments associated with the actual work environment
• To enhance the learning experience of our students we provide organized group sessions and integrated training modules
• Our discrete approach to career guidance enables our students to get successfully placed in renowned organizations

Updated on 06 December, 2024