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Finance for Non-Financial Managers

'Rule No.1: never lose money. Rule No.2: never forget rule No.1.'

Warren Buffett – American Buinessman and Investor

Managers today are increasingly expected to understand and manage the finances in their area and often participate in financial decisions such as business cases and budget reviews. However Finance, like most professions, has its own jargon and terminology together with some processes and principles which often seem at odds with how we would manage our personal finances. This makes it confusing for non-finance people to understand how finance operates within organisations and prevents them from engaging in financial discussions and activities.

Common concerns we hear include:

  • I don’t understand the financial jargon
  • How can I get a better understanding of financial terms and principles?
  • How can I better understand how finance works in my organisation?
  • How can I feel more in control of the financial aspects of my role?

This course is designed to ‘de-mystify’ the world of finance and provide you with the confidence and competence to engage in financial activities in a way which demonstrates an understanding of the way finance is measured, the documents and statements which communicate it and the business conditions which drive financial decisions.

Course Prerequisites

This course is for all non-financial managers, as well as people in other roles, who want to develop a better understanding of how finance operates in their and other organisations, for example to:

  • ‘Talk finance’ with finance specialists, finance teams and the CFO
  • Better understand the costs and finance of your team and organisation
  • Better understand financial reports and statements
  • Manage a budget with greater understanding
  • Prepare better business cases and carry out investment appraisal
  • Make better decisions, informed by the figures

Prerequisites

Delegates should come with a clear idea of how they want to use their financial knowledge back in the workplace and with copies of any documents they regularly use, for reference and discussion.

Finance for Non-Financial Managers Key Facts
Course Duration (days)

2.00

Course Price (ex VAT)

£1385.00

Course Vendor

Professional Development

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