Financial Management for Non-Financial Managers
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The Financial Management for Non-Financial Managers program mainly targets European participants with an intermediate+ level of English.
This short training program is designed to provide a practical and accessible introduction to managing on the basis of financial information.
Financial Management for Non-Financial Managers is a short training program designed to provide a practical and accessible introduction to managing on the basis of financial information. Financial and accounting information is vital to managing any organization and project. Financial numbers reflect expenses and revenues and they can be used to judge the economic condition of a project, an organizational unit, or an entire organization. Projects are started to achieve planned outcomes and are expected to do so with a preconceived budget.
When you are to manage, it means that you (and your management team) will take decisions that translate into expenses and revenues. Your ability to understand and speak intelligently about the financial implications of managerial decisions is vital to your professional success.The MSM Financial Management for Non-Financial Managers program provides the tools to do just that, while also helping you to make better business decisions and manage more effectively. This coherent and well-balanced program is taught by passionate educators with real-world business experience.
The program’s bi-weekly class format affords you the time to absorb, synthesize, and apply course content on the job. To help keep you current, participants who complete the program are welcome to return and repeat any of its classes as refreshers in future editions of this program.
You will leave the program with a financial literacy that empowers you to bolster the financial dimension in your management role. As a result, you will be better equipped to ensure that there is a more solid financial basis for all of your organization’s projects and strategic decisions. An increased financial literacy enables you to better communicate with other management professionals in and outside the organization. This makes you and the organization more valuable.
During the course following topics will be discussed
- Making cash flow forecasts
- Interpreting profit & loss statements and balance sheets
- Assessing investment and project proposals
- Understanding the CFO’s perspective & role
This masterclass is provided as a series of workshops. You should expect to learn from working on several real cases to discuss and learn.
Who should attend
This program is designed for non-financial middle- or senior-level managers in sales, marketing, manufacturing, operations, and other non-financial roles in a broad range of private and public sectors. Participants can also be:
- ICT, Legal, HRM, and other functional leaders making a transition into management positions.
- Business leaders looking to refresh skills and access current thought leadership.
- Managers considering an MBA or further graduate studies
Participants are expected to have completed a Bachelor and/or Master level degree program.