Finance for the Nonfinancial Manager — Hong Kong
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Learn how to communicate with your firm’s financial executives and understand the impact of financial decisions on the firm’s profitability.
As a non-financial manager, having a better understanding of finance can help you make sound decisions for the firm. This program can help you improve communication with finance executives, better understand the impact of financial decisions on the firm’s profitability, and enhance your ability to use financial analysis in decision making.
The higher you climb on the corporate ladder, the more financial information you are expected to interpret and utilize when making business decisions — regardless of whether you’re in sales, marketing, operations, or human resources. If you are the manager of a group or division, you are probably responsible for creating value in your area and reporting it to others in financial terms. Managers who have excellent “people skills” still need to enhance their financial skills in order to be well rounded and effective. Understanding financial analysis, reporting, and decision making does not require a degree in business economics — all you need to know are the basics.
Faculty approach finance from both functional and general management perspectives. A focus on both accounting and finance will help you develop a balanced understanding of the language and requirements of financial expectations and performance. Additionally, you’ll learn how to evaluate a project’s financial attractiveness from a shareholder’s perspective.
- Communicate more effectively with financial executives in your organization
- Better understand how economic outcomes of business decisions are reflected in your organization's financial reports
- Improve your financial vocabulary so that you are better able to read and interpret financial statements
- Better understand the competitive environment faced by the firm
- Develop guidelines to measure success in financial terms
- Enhance your ability to use financial analysis in your decision making
- Prepare budgets that are an accurate reflection of your area's financial success
- Utilize forecasting techniques and learn how to determine their accuracy
Who should attend
This program is ideal for non-financial managers working in functional areas other than finance (such as general management, marketing, sales, manufacturing, or engineering), as well as general managers who have been promoted through these functional areas. Prior knowledge of finance is not necessary.