Programme Content
Programme Content Understanding and Interpreting Financial Statements Working Capital Management Capital Budgeting and Financing Overview of the Indian Financial Markets Cost Management Recent Advances in Finance
Finance for Decision Making (for Non-Finance Managers)
IIM Bangalore - Executive Education
Accounting
Partner Institution
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About Programme
Programme OverviewSuccessful managers are aware that their decisions affect their company’s profitability, but are often puzzled by the numbers they deal with. To this ends, this programme empowers a non-finance manager with an understanding of the numbers. It provides the mangers with a comprehensive working knowledge of critical financial principles a simplified manner to help them make better decisions in their organization. At the end of the course the participants will be able to communicate finance-related matters more effectively, understand the performance metrics of the organization, read and use company reports, and comprehend other managerial accounting aspects. The participants learn to interpret crucial financial data that would improve their effectiveness and make productive contribution for value creation.
Programme Objective
Objectives To help participants develop comprehensive understanding of information provided in the financial reports To analyse and interpret financial reports To use financial information for day-to-day decision making To understand the impact of various decisions on the company’s performance
Programme Audience
Who Should AttendThis programme is designed for heads of divisions/functions, middle level managers and mangers, who are new to the concepts of finance or those who wish to update their knowledge on basic finance and accounts.
Programme Benefits
Participant BenefitsAs a participant of this Short Duration Programme, you will be able to enjoy some exclusive benefits other than the outcomes such as skills and knowledge enhancement and building specific competencies that can help shape your career growth.
Some of the exclusive benefits of attending this programme are listed below –
Receive Executive Education eNewsletters
Invitation to share articles to the EEP blog (subject to a shortlisting process)
Participate in EEP webinars on various topics
Invitation to curated events and programs by the EEP office
Testimonials
"Finance for Decision Making Program at the IIMB was very insightful. It brought in a diverse set of participants from various industries along with entrepreneurs, a doctor, a photographer and a regulator under one roof. Discussions with the participants and faculty were of high quality.The program helped me to interpret complex financial reports using various ratios, helped me understand cost and to apply techniques that I learned during the program for better decision making.I would recommend this program to anyone who aspires for a leadership role as I believe that an understanding of finance is very important for success. I would also take this opportunity to thank the faculty program director for curating very thoughtful and relevant content."
Neeraj Sharma
Global Lead – Site Office Management, Capacity & Growth Maersk Global Service Centres
"Being from a non-financial background, this course has certainly instilled in me the art of having a different outlook while helping me make decision. It is a holistic program for understanding key concepts in detail, which are mandatory for a manager. Although it is a short-term online course, it provides us with the necessary opportunity for applying our learnings and thereby giving us a hands-on experience at finance."
Avalon Cabral
Sr. Projects Manager, Cospower, Engineering Limited
"First of all, I want to thank IIM Bangalore for organizing such a wonderful training session. It was absolutely a valuable learning experience. I have been in the Mining Industry for 6 six years and had hardly any opportunity to learn. Being from a non-finance background, many topics that were taught were completely new to me. But the efforts made by the facultywith a vast experience made all topics quite simple to learn. We also did project work and evaluated various financial aspects of different companies. Although, on-campus training was not possible, the virtual training sessions were excellent."
Mukteswar Padhan
Odisha Mining Corporation
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