Management Development Programme

Financial Skills Enhancement for Non-Finance Professionals

Introduction

An efficacious professional needs to take multi-dimensional decisions in the business world. Such decisions have vital effect on the profit and wealth generating capacity of the business. A constant effort and appropriate skill is required in the area of finance for accomplishing better organizational goals & formulating business policies. The non-finance professionals are generally found in a puzzling situation while dealing with procedures & practices in finance. The program provides the professionals with a comprehensive working knowledge of critical financial concepts in an easy manner that will help them to make better decisions in their concerned areas

Objectives of the MDP

  • To understand the basic knowledge in book keeping and accounting.
  • To understand financial statements and how they are made.
  • To enable non-finance professionals to understand the dynamics of finance and interpretation of financial statements.
  • To analyze the impact of decision making on finance.
  • To sharpen financial skills and competencies for professional success

Programme Contents

  • Relevance of financial concepts and basic principles and financial terminology
  • Basic concepts of Accounting and Finance
  • Introduction to Financial Statements: Balance Sheet and Profit & Loss Account
  • Cash Flow Statement and Techniques of Financial Analysis
  • Financial Statement Analysis
  • Discussion on financial concepts understanding through activities, case studies etc.
  • Financial Analysis by participants

Pedagogy

Discussions, Exercises, Activities and Case-lets

For Whom

  • Non-finance professionals from corporates, NGOs, Start-ups, MSMEs and other Organizations. Engineers, Technical and Software professionals, Management consultants, Corporate trainers, Academicians and Management students

Duration:

One day.

Faculty Incharge

Dr. Navneet Joshi and Dr. Deepika Saxena