Finance for Decision Making (for Non-Finance Managers)
IIM Bangalore - Executive Education
Accounting
Partner Institution
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About Programme
Finance for Decision Making (for Non-Finance Managers) is an Executive Education programme designed to help professionals develop practical financial knowledge for effective business decision-making. Managers across functions are expected to make decisions that influence profitability, costs, investments and organisational performance, yet many come from non-finance backgrounds and find financial concepts challenging.
This programme equips non-finance managers with a practical understanding of financial statements, managerial accounting, working capital, budgeting and financial performance metrics. Participants will learn how to interpret financial information, communicate finance-related matters confidently and use financial insights to make informed business decisions.
Through practical examples and real-world applications, participants will develop the ability to read company reports, analyse financial data and understand how managerial decisions influence organisational performance, profitability and long-term value creation.
Programme Objective
Develop a comprehensive understanding of financial statements and key financial reports used in business.
Analyse and interpret financial information to support informed business and managerial decision-making.
Apply financial concepts and performance metrics to day-to-day management decisions across functions.
Understand the financial impact of strategic and operational decisions on organisational performance, profitability and value creation.
Programme Audience
This Finance for Decision Making (for Non-Finance Managers) programme is designed for professionals who want to strengthen their financial decision-making skills without requiring a finance background.
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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