Finance For Non-Finance Professionals

Finance For Non-Finance Professionals

  • Successful organizations manage the integration of business goals with financial goals. Career growths and heightened responsibilities demand the knowledge of business finance across all functions. Finance, indeed, is the language of business, it plays a key role in decision making.
  • Aims at familiarizing participants with conceptual knowledge of basic financial and costing concepts that they can apply comfortably in their respective functional areas.

Overview of Profit & Loss Account and Balance Sheet:
  • Special reference to familiarization of basic concepts based on the Annual Report of a company
  • Income & expenses, assets & liabilities, depreciation and fixed assets expansion, inventory and receivables

Company Performance Evaluation through Ratio Analysis:
  • Evaluation of specific aspects of performance
  • Overall evaluation with DuPont Chart

Working Capital Management:
  • Concept and quantification of operating cycle

Costing Concepts:
  • Fixed Costs and Variable Costs.

Application of Fixed Costs and Variable Costs Classification

Pricing Decision:
  • Accepting new order, product deletion decision

Break-Even Analysis:
  • Application to decision making

Techniques of capital budgeting decision with the help of a practical project evaluation decision*
  • Accounting Rate of Return, Payback period, Time value of money, DCF - NPV / IRR
*can be done in case of a 3 day programme
An encyclopedia! Facts, figures, logic, strategic thinking, business acumen, one could endorse Mr. Fakih on many more such skills which attract a lot of people to him for problem resolution discussions. He has great insights, and sure enough, if you listen intently you will succeed.
Sanjukta Ray
Change & Resource Management
Thyssenkrupp Materials IT Services

    Open to all professionals from non-finance functions - sales & marketing, operations, purchase and procurement SCM, HR among others

  • 12 hours
  • 2 days of 6 hours (in class)
  • 4 sessions of 3 hours (online)
  • S. M. Fakih retired from a large multinational company in India from the role of strategy development. Prior to that, he has experience in product management, logistics and SAP implementation.
  • Instrumental in providing management training to employees of Aditya Birla group of companies, Raymonds and M&M to mention a few.
  • Visiting faculty at various management institutes in the areas of Financial Accounting, Management Accounting, Financial Management, Mergers & Acquisitions and Strategy Management.