Training Course on Financial Management for Non-Finance Executives
Course Overview
Financial management is a critical aspect of business operations, impacting decision-making across all levels of an organization. This comprehensive workshop is tailored specifically for non-finance executives who seek to strengthen their understanding of financial principles, tools, and strategies to drive organizational success. Through interactive sessions, case studies, and practical exercises, participants will gain the knowledge and confidence to contribute effectively to financial discussions and decision-making processes within their respective roles.
Target Audience:
Non-finance executives, managers, and leaders from various departments
Individuals seeking a foundational understanding of financial management principles in a non-finance role.
Course Duration
Online Training: 6 days
Classroom Training: 5 days
Module 1: Introduction to Financial Management
- Importance of financial management for non-finance executives
- Overview of key financial concepts
- Link between financial management and organizational success
Module 2: Financial Statements Demystified
- Understanding financial statements (Income Statement, Balance Sheet, Cash Flow Statement)
- Analyzing financial statements for decision-making
- Key financial ratios and their interpretation
Module 3: Budgeting and Forecasting
- Introduction to budgeting as a planning tool
- Creating and managing budgets
- Forecasting techniques and their application
Module 4: Capital Budgeting and Investment Decisions
- Evaluating investment opportunities
- Net present value (NPV), internal rate of return (IRR), and payback period
- Making sound investment decisions
Module 5: Cost Management and Control
- Types of costs in organizations
- Cost-volume-profit (CVP) analysis
- Controlling costs and improving profitability
Module 6: Financial Risk Management
- Identifying financial risks
- Strategies for managing financial risks
- Role of non-finance executives in risk management
Module 7: Working Capital Management
- Importance of effective working capital management
- Managing receivables, payables, and inventory
- Cash flow forecasting and optimization
Module 8: Financial Decision-Making
- Analyzing financial data for decision-making
- Evaluating financial implications of strategic decisions
- Case studies on financial decision-making
Module 9: Communication and Collaboration with Finance Teams
- Effective communication with finance professionals
- Collaborating on budgeting and financial planning
- Bridging the gap between finance and other departments
Module 10: Ethical Considerations in Financial Management
- Understanding ethical dilemmas in finance
- Promoting ethical behavior in financial decision-making
- Case studies on ethical challenges in finance
Note: This outline provides a general structure for the training. The specific content, activities, and duration of each session may be adjusted based on the target audience, learning objectives, and available time.
Classroom Training Schedule
Start Date | End Date | Location | Cost | Apply |
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May 13, 2024 | May 17, 2024 | Nairobi | $ 950 | Register |
Jun 17, 2024 | Jun 21, 2024 | Nairobi | $ 950 | Register |
Jul 22, 2024 | Jul 26, 2024 | Nairobi | $ 950 | Register |
Aug 26, 2024 | Aug 30, 2024 | Nairobi | $ 950 | Register |
Sep 30, 2024 | Oct 04, 2024 | Nairobi | $ 950 | Register |
Nov 04, 2024 | Nov 08, 2024 | Nairobi | $ 950 | Register |
Dec 09, 2024 | Dec 13, 2024 | Nairobi | $ 950 | Register |
Virtual Training Schedule
Start Date | End Date | Location | Cost | Apply | |||
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May 27, 2024 | Jun 01, 2024 | Online | $ 400 | Register | |||
Jul 01, 2024 | Jul 06, 2024 | Online | $ 400 | Register | |||
Aug 05, 2024 | Aug 10, 2024 | Online | $ 400 | Register | |||
Sep 09, 2024 | Sep 14, 2024 | Online | $ 400 | Register | |||
Oct 14, 2024 | Oct 19, 2024 | Online | $ 400 | Register | |||
Nov 18, 2024 | Nov 23, 2024 | Online | $ 400 | Register |
Registration Process
Enrolling in our training programs is effortless! Upon submitting your details on the course registration link, a representative will get in touch with the relevant information.
Group Discounts
Boost your team's skills and maximize value with our attractive group discounts. Enroll 3 or more participants and enjoy significant discounts on any of our training programs.
Course Language
This Training course is offered in ENGLISH . Please indicate the language of choice during registration.
Training Approach
Our instructor-led trainings use well guided presentations, practical exercises, and group acivities. Participants are encouraged to bring any data relevant to their job responsibilities. Training manuals and additional reference materials are provided to the participants.
Certification
Upon completion of training, the participant will be issued with a certificate of Completion.
Post Training Support
Our commitment our clients success extends beyond the training program. We offer ongoing 3 months support through Q&A sessions, online forums, and access to our expert instructors.
Tailor-Made Course
We design customized training programs and inhouse workshops to meet specific training needs and organizational goals. Contact us to find out more: training@perk-gafrica.com