Finance for Non-Financial Managers

Attending Finance for Non-Financial Managers can help you internalize the fundamental financial concepts and terminology that will help you communicate effectively with your financial partners as well as increase your ability to make value-added decisions for your firm.

Team in executive education program simulation

Program Details

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October session full, waitlist available

21.75 Contact Hours | 2.17 Continuing Education Units (CEU)

Register by Credit Card Register by Invoice
In Person: Minneapolis, MN
$4,250

About the Program

Have you ever been confused during meetings with finance partners? Have you been perplexed about why they make the decisions and the recommendations they do? Would you like to better understand financial statements, and/or project valuations? If so, you’re certainly not alone. Attending Finance for Non-Financial Managers can help you internalize the fundamental financial concepts and terminology that will help you communicate effectively with your financial partners as well as increase your ability to make value-added decisions for your firm.

Experience

During this three-day, interactive course, you will learn the basic principles of finance through stories, case studies, and a hands-on simulation. You will learn “how the math works”— but more importantly you will learn how and why these concepts are linked to decision making. In addition, you will build a set of skills that will help you productively engage in financial discussions as well as more confidently evaluate projects and proposals. You will return to work with an increased ability to add value in your role and an understanding of why so many managers who have taken this course have recommended it to their teams.

Learn how you can customize this program for your organization.

 

Program Contact
Contact Carol Roecklein

Who Should Take This Course & Why

  • Leaders who feel uncomfortable or hesitant during financial discussions
  • 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
  • Professionals who would like to refresh their finance knowledge
  • Enhance your ability to make value-added decisions
  • Learn the fundamentals of finance, including key terms and concepts
  • Discover how to read, understand, and interpret financial statements
  • Partner and communicate more effectively with finance professionals
  • Enable confidence to engage in budgeting and other financial discussions
  • Learn to review project valuations more critically
  • Enhance your ability to ask insightful questions about results as well as forecasts
  • Understand the importance of cash flow to creating value
Executive Education Participants

Participant Perspective

Two participants of the Finance for Non-Financial Managers program share how the course helped them learn the fundamentals of finance, including key terms and concepts. 

This course has taught me some of the finance nomenclature so that I can really have a conversation with the finance team and have a common language to make decisions. Some of the big mysteries of spreadsheets, cash flow, and investments have become much clearer.

Elizabeth Wagner, Senior Director, Strategy & Operations, Cardiovascular Services, Childrens MN

Faculty Perspective

Senior Lecturer John Molloy shares how this 3-day, interactive course can help you internalize the fundamental financial concepts and terminology that will help you communicate effectively with your financial partners.

Schedule

DAY 1

Session Overview

  • Time Value of Money & Value-Added Decision Making: Learn how interest rates are determined as well as why some projects add value financially and others do not.
  • Financial Simulation: Compete in teams during a simulation which will clarify key accounting and financial concepts, including the difference between income and cash flow.
DAY 2

Session Overview

  • Cash Flows and Projections: Build on topics introduced during the simulation and develop a more nuanced view of cash flow. Learn metrics and acquire tools for understanding how firms generate cash flow and how different business areas use cash and generate cash.
DAY 3

Forming Strategic Vision

  • Case Studies: Apply concepts learned during the first two days to answer real-world, situation-specific business questions. Explore whether to make an IT investment, replace a piece of equipment, and launch a new product.
DAY 1

Session Overview

  • Time Value of Money & Value-Added Decision Making: Learn how interest rates are determined as well as why some projects add value financially and others do not.
  • Financial Simulation: Compete in teams during a simulation which will clarify key accounting and financial concepts, including the difference between income and cash flow.
DAY 2

Session Overview

  • Cash Flows and Projections: Build on topics introduced during the simulation and develop a more nuanced view of cash flow. Learn metrics and acquire tools for understanding how firms generate cash flow and how different business areas use cash and generate cash.
DAY 3

Forming Strategic Vision

  • Case Studies: Apply concepts learned during the first two days to answer real-world, situation-specific business questions. Explore whether to make an IT investment, replace a piece of equipment, and launch a new product.

Faculty

Rick Nelson
Senior Lecturer, Finance
Eric White
Lecturer, Finance

Register Today!

-
-
-

October session full, waitlist available

21.75 Contact Hours | 2.17 Continuing Education Units (CEU)

Register by Credit Card Register by Invoice
$4,250
-
-
-

October session full, waitlist available

21.75 Contact Hours | 2.17 Continuing Education Units (CEU)

Register by Credit Card Register by Invoice