This course is aimed at professionals from all areas of business who require a better understanding of how finance works.

Finance is the language of business. A professional in any discipline needs a good grasp of its concepts to ensure success both in their specialist area and across their organization.

This course provides professionals from non-finance backgrounds with a fundamental grasp of the important principles of finance. This gives them the confidence to work alongside financial experts, make informed choices and fully participate in the management process.

During this program, you will learn how to:

• Interpret and analyze financial information to improve business performance
• Appraise investment decisions
• Identify and evaluate risk and return from business decisions
• Recognize and apply important budgeting and cash flow techniques
• Demonstrate and apply effective communication skills to deal with conflict and work effectively as part of a team

During this program, you will learn how to:

• Identify the difference between profit and cash flow and their importance to the going concern of the business
• Appraise potential investment projects, taking into account the timing of cash flows
• Calculate the cost of capital and assess financing decisions
• Calculate useful ratios from financial statements in order to compare the performance of different companies/departments over time
• Assess the economic environment and how it impacts on different aspects of business

• Professionals from non-finance backgrounds who are moving into management
• Established professionals who have identified gaps in their knowledge of finance
• Team leaders & Project professionals
• Entrepreneurs from non-financial backgrounds
• Professionals who want to improve their financial decision-making techniques
• Any professional who wishes to gain confidence in financial negotiations
• Anyone who may need to appraise or understand business decisions as part of their professional role

The Financial Management Function

• What is corporate finance?
• The goal of financial management
• Financial markets
• Corporate finance in action
• Corporate governance
• Basic corporate finance terminology
• The role and responsibility of senior financial executive/ advisor
• The budget process

Value and Capital Budgeting

• Financial statement analysis and long term planning
• The du pont identity
• Using financial statement information
• Working capital management
• Working capital management – inventory control
• Working capital management – accounts receivable and payable
• Working capital management – cash and funding strategies
• Cash management and credit management

Capital Budgeting and Basic Investment Appraisal Techniques

• The cost of capital
• Compound interest and future values
• Discounting and present values
• Making capital investment decisions
• Investment appraisal – discounted cash flow techniques
• Investment appraisal – further aspects of discounted cash flows
• Asset investment decisions and capital rationing
• Investment appraisal under uncertainty

Risk and its relationship with investment performance

• Foreign exchange risk
• Interest rate risk
• The Capital asset pricing model
• Risk, return, cost of capital and capital budgeting
• Corporate financing decisions and efficient capital markets
• Long term financing – equity and debt
• Short term finance and planning
• The weighted average cost of capital

The Economic Environment

• Capital structure
• Dividend policy
• Business valuations and market efficiency
• Corporate failure
• The economic environment for multinationals
• Topical issues in financial management

A variety of methodologies will be used during the course that includes:

·         (30%) Based on Case Studies

·         (30%) Techniques 

·         (30%) Role Play

·         (10%) Concepts

·         Pre-test and Post-test

·         Variety of Learning Methods

·         Lectures

·         Case Studies and Self Questionaires

·         Group Work

·         Discussion

·         Presentation

This rate includes participant’s manual, Hand-Outs, buffet lunch, coffee/tea on arrival, morning & afternoon of each day.

Daily Course Timings:

    08:00 - 08:20       Morning Coffee / Tea

    08:20 - 10:00       First Session

    10:00 - 10:20       Coffee / Tea / Snacks

    10:20 - 12:20       Second Session

    12:20 - 13:30       Lunch Break & Prayer Break

    13:30 - 15:00       Last Session