Are you a Student, Engineer, Doctor, Lawyer, IT Consultant or someone from other profession who never had the opportunity to learn Finance but is interested to learn as you realise the importance of Finance in taking up Business & Investment decisions.
The Finance for Non-Finance programme enables students and professionals, especially from functional areas other than finance such as sales, marketing, human resource, research and development, production, procurement, to gain an extensive working knowledge of critical financial principles in an easy-to-follow manner, enabling them to make critical Business & Investment decisions.
This program aims to meet the requirements of students and operating managers or one who is interested in investing in the Stock Market who would like to be well versed with the introductory nuances of Finance. Deciphering financial concepts and developing the ability to see the business implications of numbers is a key outcome of this program, which aims to help participants:
Understand the implications of finance on various corporate activities
Understand and analyse financial statements
Be in a better position to discuss relevant financial issues with finance managers/stakeholders in the organisation
Get a better perspective on the financial aspects before taking up the decision to invest in stocks.
Understand the impact of various decisions on a company’s performance
Get practical insights and gain swift appreciation of the fundamentals of finance and accounting.
Topics to be covered:
Myth about Financial Management
Why everyone should know Finance
What is Accounting
Flow of Accounting
What is the difference between Accounting & Finance
What is Financial Management
Which are the two most important financial statements
Key questions in a Profit & Loss Account
Why is a Profit & Loss statement made
What is Profit
What is the difference between a Topline and a Bottom Line
What is Operating Profit
What is PAT
What is Net Worth
What is a Balance Sheet
Significance of Balance Sheet
Differentiating Income & Liability and Expenses & Assets
Difference between Expense and Asset
How long shall be the life for something to be called an Asset
How to differentiate between Profit and Cash
How inventory impacts profit
How the impact of inventory on profit be misinterpreted
Why profit making may be dangerous
What is Working Capital
What is good Financial Management
Why 'Less is Bad and More is Worse'
What is Cost of Capital
How to calculate Cost of Capital
What is Working capital Cycle
What one has to do to shorten the Working Capital cycle
Working Capital Management
How to easily analyze a balance sheet in 5 mins
Difference between Cash Flow and Fund Flow
Deciding between Debt & Equity
How to correctly interpret your profit before the close of accounting process
Relationship between fixed cost and profit
Analysis of Fixed Costs
Advantage of knowing the Leverage Multiple
Operating Leverage vs Financial Leverage
Good time and Bad time for Debt Equity Financing
Contribution Analysis
Determining the correct sales commission structure
Business decisions with Ratio Analysis
Need and use of Budgeting
Alternative approaches for Budgeting
Commonly used Budgeting systems
Budgeting Control
Who should attend?
Students and Professionals with non-financial background who need to improve their financial skills in order to invest in stock market or make critical business decisions involving cost savings, budgets etc. This course can also potentially benefit entrepreneurs / wanna-be-entrepreneurs who is/would be required to take daily business decisions regarding their companies.
The programme is appropriate for self-employed professionals such as lawyers, medical practitioners, and non-financial managers across different industries, both in the public and private sector.
Certificate:
Participants shall be awarded a soft certificate of participation
Fees for this program:
The original price of the program is INR 5999
If someone is not having a facility to pay through cards, may make the payment to our bank account, the details of which is as follows:
Skillbox Training & Consultancy LLP
Account No.: 002005035017
IFSC Code: ICIC0000020
Powai Branch, Mumbai
Please drop a mail at <arin@businessunplug.com> once you have transferred the amount
How is the program conducted:
This is a video based program which you may access on our platform at your own time and comfort 24/7 for a period of 1 year.
For any queries, drop a mail at <arin@businessunplug.com>