Finance for Non-Financial Managers
Program Details
About This Program
Mastering core financial fundamentals is essential to every role across an organization. In this fast-paced class, you will learn to analyze and evaluate financial decisions that contribute to your company’s value.
Finance for Non-Financial Managers provides professionals who have limited financial experience or education a financial perspective to empower them to operate in their organizations more effectively. Through lively discussions, case studies, and a simulation, you will develop a strong fundamental understanding of finance. You will gain a detailed understanding of budgeting, cash flow, and metrics of financial health to help you make more effective business decisions regardless of your role.
Learn how you can customize this program for your organization.
Audience
- Executives who make or contribute to decisions with significant financial implications
- Managers with profit-and-loss responsibility in marketing, operations, human resources, engineering, or other non-financial areas
- Individuals who do not have a background in finance
- Leaders who need to refresh their finance knowledge
Key Benefits
- Read, understand and interpret financial statements
- Make decisions using capital budgeting
- Identify the business impact of changes in cash flow
- Apply value creation principles
- Understand financial metrics used by stakeholders to evaluate the health of the organization
Finance for Non-Financial Managers
The goal of the Finance for Non-Financial Managers program is to provide leaders and decision-makers who do not possess a strong grounding in finance, an understanding of how money works inside their organization and how money can be used in making decisions. This program is filled with instruction and case studies and topped off with a financial simulation to ensure participants practice their new-found knowledge.
Schedule
Discounted Cash Flow Analysis
Value-Added Cash-Flow Analysis
Cost of Capital & financial Alternatives
Faculty
Richard “Rick” Nelson has taught numerous MBA and undergraduate courses and has been named an outstanding MBA faculty member in the Business Week Guide to the Best Business Schools. He currently teaches finance in the Carlson Executive MBA, Undergraduate and Full-Time MBA programs. He also serves as faculty director of the $17,000,000 student-run Carlson Fixed Income Fund.
John Molloy has been Finance Faculty member of the year, responsible for introductory finance courses at the Carlson School. John has worked in a variety of roles ranging from federal examiner, internal auditor to strategic planning and financial analyst. His corporate experience, working in accounting and finance, has been primarily in the telecom and financial services industries.