Finance for Non-Financial Professionals

Ivey Business School

Finance

About Programme

If you feel lost in financial discussions, left out of critical decisions, or hesitant to ask questions due to a lack of financial understanding, our Finance for Non-Financial Professionals course is for you. Our approach begins with the basics, helping you establish a solid foundation so you never feel left behind by your peers. Before you know it, you’ll be confidently engaging, asking questions, and actively participating in discussions.

This program transforms the intricate world of finance into a user-friendly toolkit for strategic and operational decision-making across all professional arenas, from construction sites to manufacturing floors and all the offices in between. Beginning with the fundamentals of finance and accounting in a nurturing environment, it swiftly moves you from feeling daunted by financial jargon to confidently navigating discussions, making informed decisions, and grasping the broader implications of your actions.

Programme Content

Financial Statement Analysis and Interpretation

Apply financial statement basics to interpret income statements, balance sheets, and cash flow statements effectively.

Gain insight into the relevance and limitations of financial statements in annual reports.

Familiarize yourself with financial ratios and key performance measures for strategic decision-making.

Efficient Cash Flow and Working Capital Management

Understand cost measurement and behaviour to manage day-to-day cash flows efficiently.

Make effective capital budgeting decisions by considering relevant cash flows, cost of capital, sensitivity analysis, and qualitative factors.

Employ budgeting skills to optimize your department or organization’s financial performance and resource allocation.

Utilizing Financial Information for Strategic Decision-Making

Identify key economic and industry factors, risks, opportunities, and financial implications.

Understand the concepts of the time value of money and hurdle rates to evaluate investments.

Use financial insights to make data-driven decisions aligning with long-term organizational objectives while collaborating effectively with financial and accounting teams for comprehensive planning and analysis.

Programme Audience

Finance for Non-Financial Professionals is designed for a diverse group of participants with a common goal: to enhance their careers by deepening their understanding of finance and accounting.

Typical participants include:

Individual contributors at all organizational levels, from front-line supervisors to senior executives, who want to enhance their financial decision-making capabilities

Professionals in specialized or non-traditional roles, including but not limited to supply chain analysts, fleet managers, engineers, quality supervisors, and more, who are keen on integrating financial considerations into their strategic planning and operational management

Leaders and managers aspiring to senior-level strategic roles in their organizations where understanding the "language" of business finance is essential

Programme Benefits

Earn a credential from Ivey Business School. Your Finance for Non-Financial Professionals digital badge is linked to a unique URL, allowing you to showcase your advanced proficiency in online profiles.

Forge lifelong connections with peers through learning and social events, tapping into the extensive Ivey Executive Education alumni network for ongoing business opportunities and career advice.

Develop new skills while prioritizing mindfulness, reflection, and practical application away from daily demands, returning to work with increased confidence and effectiveness in your role.

Access exclusive benefits, including discounts on select programs, invitations to special events, and curated collections of thought leadership and research from Ivey Business School.

Enhance your leadership development and bring a fresh financial perspective to your role, fostering long-term contributions to organizational success.

Gain insights from diverse sectors, industries, and organizations, leveraging best practices and new perspectives to drive innovation within your organization.

Collaborate more closely and efficiently with your finance team, ensuring decisions prioritize the organization’s fiscal health and strategic objectives.

Strengthen organizational resilience by equipping your team with enhanced financial literacy, empowering them to navigate departmental challenges and seize opportunities for sustainable growth.

Testimonials

"Being in a leadership position, you don’t do the number crunching anymore. You can lose touch with some of that analytical thinking around financials. I found that this program really spoke to my need at this time in my career to learn more about financial fundamentals and reset my perspective on how to look at numbers."

Kanchan Rakhra

Director of Commercial Management Metrolinx

"I would 100% recommend it; it’s a great experience. My role is about using technology to drive value. To help a business, you need to understand how the business funds itself, where it places value, and how it gets capital to realize that value. This program gives you that perspective."

Sanjeevan Srikrishnan

Senior Manager Global Solutions Architecture Equinix Canada

"Having different examples to look at, to see how other books are put together, and to see those differences across different industries and some of the similarities is super helpful. To see examples and not know that they’re actually Nike and Loblaws until afterwards is a big learning moment."

Mike Pierce

Vice President Sales & Marketing Black Fly Beverage Company

"For those who have an interest in Finance and Accounting but no background in the subjects, I can’t think of a better way to introduce the topics at a high but thoroughly understandable level. The program left one looking forward to further courses."

Jason Green

Director Industrial Relations J.D. Irving Limited

"The program has considerably broadened my knowledge in accounting and finance in a way that I could not have done on my own or over such a short period of time."

Nicole Blanchette

Executive Director La Ribambelle

"No matter when you take this class during your career, it is a great investment."

Susan Wilson

Director Human Resources J.D. Irving Limited

Testimonial Source

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Contact us for the further details

Speak with an Advisor

Pedagogy (case method, experiential learning, coaching, simulations)
Programme Objective
Contact Person Details

Prashansa Uttam

Programme Advisor

+91 9403890085[email protected]Mon – Fri, 9am – 5pm IST

Ivey Business School

Executive Education Office

https://www.ivey.uwo.ca

Milan, Canada

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