Finance for Non Finance Programs

INTRODUCTION

Are you aware that Ignorance in Finance Management will turn out to be a costly affair and business may not even exist to repent about it? 

If you are a Non-Finance Executive struggling to understand Financial matters, and you are keen on understanding accounting and financial matters revolving around Sales, Purchases, Asset Acquisitions, Fundraising, so you can take better decisions in your organisation, then this course will enable you to do so!

This course will enable the employees to make critical business decisions involving cost-savings, budgets, new projects decisions, growth strategies and so on. Participants are able to understand and analyse financial statements as well as grasp the basic fundamentals of finance and accounting.

OBJECTIVES

• Understanding the implications of finance on various corporate activities and analyse financial statements.
• Indulge in the practical insights and gain a swift appreciation of the fundamentals of finance and accounting.
• Gaining Knowledge of  Financial Ratios and their implications in various decisions.
• Importance of Financial Management is essential to growing up in the Organisational Chart?

Since every corporate has its own time limitations and owns Learning and Development requirements, the curriculum for the program can be defined according to the requirements explained by the L&D team.  The unique curriculum will be meticulously designed to hone the financial skills of the team.

The program curriculum for Finance for Non-Finance can be drafted from the following topics:

1. Financial Statements: Income Statement (P&L), Balance Sheet and Cash Flow Statement

•        Financial Statements

•        Revenue COGS, Operating Income, EBITDA, D&A, SG&A, Assets,

•        Understanding Liabilities, Equity, Cash Flows etc

•        Top Line vs. Bottom Line Accounting Profit vs. Cash

•        Revenue Exps (Opex) vs. Capital Exps (Capex)

•        Operating, Investing and Financial Activities

2. Art of Reading Financial and Operating Performance:

•        Key Ratios and Performance metrics (Profitability, Liquidity, Leverage, Efficiency etc)

•        Extended Dupont Analysis (Identifying Value Creation)

•        Sector/Industry Specific Performance Indicators

•        The Life Cycle of Income and Cash Flows (Start-Ups vs. Growth Firms vs. Cash Cows vs. Declining Firms)

•        Leverage and Coverage Ratios; Borrowing Need and Capacity Assessment (Credit Analysis)

•        Operating Leverage and Financial Leverage (Value creation through Operational & Financial Engineering)

3. Managerial Decision Making

•        Capital Budgeting: Evaluating Financial Feasibility of Projects

•        ROI, NPV, IRR and Payback Period Analysis

•        Decision Making Examples:

a. Working Capital Management and Operating Cycle (Inventory, Debtors and Creditors)

b. Breakeven Analysis, Make or Buy, Product Mix, Cost Optimization etc.

c.  Capital Structure Decisions and Impacts

4. Business Planning, Budgeting and Control

•        Art of Projecting Financials (Identifying Revenue & Cost Drivers)

•        Translating Anticipated Business Events into Projections

•        Various Costs (Fixed, Variable, Direct, Indirect, Sunk, Opportunity etc.)

•        Fixed Vs. Flexible Budgets, Zero based Budgeting etc. (Types of Budgets)

•        Budgetary Control Process

a. Variance analysis (Budget vs. Actual: – who is responsible?)

b. Identifying and resolving budgeting variances

5. How Much Does Money Cost? Evaluating the Cost of Capital

•        Debt vs. Equity Financing

•        Risk Free Rate

•        Historical Risk and Return

•        The Equity Risk Premium

•        Beta and the Cost of Equity

•        Credit Ratings and Quality Spreads

•        Estimating the Cost of Debt

•        Putting it All Together as the WACC (Weighted Average Cost of Capital

6. Basic Principles of Financial Valuation Discounting

•        Time Value of Money

•        Compounding and Earning Returns Over Time

•        Basic Principals of Valuation and Discounting

•        Discounting Future Cash Back to the Present

•        Discounted Cash Flow (DCF) as the Basis for All Valuation6m

•        DCF Practical Example

•        Valuation by Comparables

a. Examples and Applications: Bonds

b. Examples and Applications: Mortgages

c.  Examples and Applications: Annuities

d. Examples and Applications: Capstone Example

Analyse the Importance of Finance

This course will open up the logic behind the need for 'Effective Finance Management for Organizational Betterment'.

Meticulous  Learning 

We believe in ‘Learning by Doing’ and place utmost importance on the practical understanding of the subject matter. MENTORSHIP

 Industry experts from leading companies

They will advise and mentor employees in their journey towards understanding financial management and its importance in practical life. We have a dedicated, who you can approach at any time to clear any doubts about the industry or your career prospects

 Comprehensive Learning Sessions

The program aims to help you manage cash flows, make good financial decisions. You’ll come out of the program understanding the principles, even if you felt clueless going in.