Finance for Non-Finance Managers

Objectives of Finance for Non-Finance Managers

  • The ability to assimilate financial data is an invaluable asset in your career.
  • It helps you identify and analyze business opportunities, assess financial risks and most importantly, evaluate your own ideas through a financial lens.
  • You will learn how financial data is used to make business decisions, while understanding its financial implications.
  • In addition, your ability to interpret financial information will help you understand resource acquisition and allocation, and communicate more effectively with the firm’s financial managers.

Programme content
A primary objective of this program is to equip you with the fundamentals of finance under the following heads:

Performance and Value Creation

  • Financial statement analysis to understand drivers of economic profits and its use in forecasting
  • Understanding of and differences in equity and debt markets
  • Relationship between corporate strategy, capital markets and value creation
  • The valuation process and the main value drivers

Resource Allocation, Discounted Cash Flow (DCF) and Value Creation

  • Comparison of NPV and IRR techniques with other simple approaches such as payback
  • Taxes and other issues in measuring relevant cash flows
  • Measurement of free cash flows for project evaluation
  • Value creation and risk analysis in using NPV and IRR

Capital Markets and Discount Rates

  • Understanding of risk and return
  • Analysis of investors’ expectation of risk adjusted return
  • Understanding the linkage between operating and financing decisions
  • Use of capital market data to measure the company’s cost of capital (WACC)
  • Estimation of project risk adjusted discount rates and its comparison with WACC

Financing Decisions and Value Creation

  • Determinants of optimal financing - risk debt, tax savings from interest, need for control and flexibility, market signaling
  • Potential for value creation through financing decisions
  • Examples and effects of capital restructuring
  • Analysis of financing of growth related capital investments

Value Based Management (VBM)

  • Basic principles and ideas of VBM
  • Concept of economic profit: measurement of competitive advantage
  • Interdependence between VBM, resource allocation, performance evaluation and compensation systems
  • Issues and challenges in implementing VBM
  • Addressing the Profitable Growth Paradox

What you will gain

  • Ability to formulate, analyzes, implement and support financial strategies and goals for a large diversified group and its component businesses units
  • Identify, communicate and implement role of finance in supporting and enhancing the organization’s functional areas
  • Analyze the effects of evolving global markets on business strategies, financial results and business decisions
  • Appreciation of decision-making processes of various investors and the effects of their actions on the organization’s financial strategies, decisions and results
  • Understand and balance conflicting and complex financial objectives - value creation, organic vs. inorganic growth, liquidity, profitability, benefits and costs of debt Vs. equity financing, significance of flexibility and risk management - in a highly dynamic environment

METHODOLOGY
Video Presentation, Interaction, Role-Play, Sharing, Participative Exercises, Management Games, Brief lectures, Questionnaires.

FOR WHOM
Corporate Executives in marketing, production and non-finance functions. Sales Executives, Client Servicing Executives, Account Managers, Customer Support Executives and Call Centre Executives of financial products in banks and other financial intermediaries. Direct Sales Associates operating in the financial services industry Investors, Executives, Administrators, Supervisors, Accountants, Receptionist, Managers of all functional areas, especially from organizations & corporations with high emphasis on people/group driven activities will find this workshop very useful.

FACULTY:
Dr Keyurkumar M Nayak – MBA – Ph.D. Corporate Trainer & Management Consultant

FEES:
Rs.30,000/- for an Organization per Saturday inclusive of Service Tax (Fee includes course fee, cost of reading material, lunch and refreshments. The cheque may please be drawn in the name of ‘Keyurkumar M Nayak.’. The Cost of travel and food will be taken care at your end.

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