PrintDURATION: 3 days
|TIME: 09:00 to 16:00 GMT|
This 3-day course is designed for managers and service leavers who are planning to work in a management or executive role. It is suitable for those who have had limited or no financial training. Cost for first two days of the course (Finance for Non Financial Managers): £650+VAT per person.
The aim of this course is to provide Managers and Service leavers with the essentials of financial management knowledge and skills, a commercial awareness plus an understanding of strategic organisational finance in preparation for a role in a profit making or not for profit organisation.
In addition to covering the full content of the 2-day Introduction to Finance for non-financial managers course about business finance, profitability, cash management and the language of finance, you will learn about strategic financial planning and explore profit planning, pricing, budgeting, forecasting and investment appraisal. The course is specifically for non-financial people and will help you understand business from a financial perspective, give you the confidence and insight to engage with finance and contribute to strategic financial thinking and decisions.
You will learn how to interpret financial statements so that you can think financially and ask the right questions about financial performance. In addition, you will gain a perspective on strategic financial planning and explore planning for profitability, solvency, long term survival and some of the key drivers behind financial judgements.
The course will be delivered by an experienced trainer and finance practitioner with senior leadership and management responsibility in the private and not for profit sectors. You will learn using a blend of instruction, discussion, case studies and activities to help embed knowledge and practice skills.
This 3-day course is designed for Managers and Service leavers planning to work in an executive or management role, and is suitable for those who have had no or limited formal financial training. It will benefit those going into a role where there is an expectation of financial understanding, budget management responsibility and financial acumen so that you can contribute to discussions about finance, financial strategy and decision making.
The content is the same as the 2-day Introduction to finance for non-financial managers course with the additional element of strategic finance for those seeking a more comprehensive understanding of financial planning and strategy.
Additionally, the course can help Managers and Service leavers at interview when financial literacy and a strategic overview and commercial awareness of organisations will be an advantage.
Typically, this course would be of benefit for a non-finance executive role, manager, administrator, project manager or team leader role in any number of specialities including engineering, production, services, operations, supply chain management, account management, human resources, sales and marketing – anyone seeking to be business focused and financially aware.