Finance for Non Finance Training

Finance for Non Finance Managers Training

The Finance for Non-Finance Managers Training Course is designed to equip professionals with essential financial knowledge to improve decision-making, budgeting, and financial analysis. This comprehensive finance for non-finance training is tailored for managers, team leaders, project managers, HR professionals, and other non-financial professionals who need a fundamental understanding of financial concepts to enhance their contributions to their organization’s financial health.

Enroll Now

Medium of Instruction: English
Duration of the program: 16 hours

Program Overview

This two-day Finance for Non-Finance Managers Course provides participants with a clear understanding of financial and accounting fundamentals. Designed for non-financial professionals, this course covers essential financial concepts, budgeting, financial statements, cost management, and financial decision-making. Participants will gain the confidence to interpret financial data, make informed business decisions, and contribute to their organization’s financial success.

Learning Objectives

  • Understand Financial Statements: Learn how to read and analyze balance sheets, income statements, and cash flow statements. 
  • Grasp Basic Accounting Concepts: Develop an understanding of key accounting principles and financial terminology.
  • Master Budgeting & Forecasting: Learn how to create and manage budgets effectively and predict financial trends.
  • Improve Financial Analysis Skills: Learn to evaluate financial performance and make strategic business decisions  
  • Enhance Cost Management Knowledge: Understand cost behavior, cost allocation, and pricing strategies
  • Utilize Financial Ratios: Learn how to apply financial ratios to assess business performance and profitability.

Target Audience

This Finance for Non-Finance Managers Course is ideal for:

  • Managers & Supervisors: Professionals who need financial knowledge to make better business decisions.
  • Team Leaders: Individuals who work with financial data but lack formal financial training.
  • Project Managers: Professionals managing budgets and financial resources for project success.
  • HR & Administration Staff: Employees involved in financial operations who need a solid financial foundation.
  • New Entrants to Business & Finance: Individuals seeking fundamental financial literacy to enhance career prospects.

Program Outline

Fundamentals of Finance 

Introduction to Finance and Accounting 

  •  Overview of essential financial concepts
  • The role of finance in business operations

Understanding Financial Statements

  • Balance Sheet:Assets, Liabilities, and Equity
  • Income Statement:Revenues, Expenses, and Profit
  • Cash Flow Statement:Operating, Investing, and Financing Activities

Basic Accounting Principles

  • Accrual vs. Cash Accounting
  • Key Accounting Terms & Definitions
  • Introduction to Double-Entry Accounting

Budgeting Basics

  • Importance of Budgeting in Business Decision-Making
  • Types of Budgets (Operational, Capital, etc.)
  • Budget Preparation & Variance Analysis

Applied Financial Concepts 

Financial Analysis

  • Introduction to Financial Ratios
  • Profitability Ratios (ROI, Net Profit Margin)
  • Liquidity Ratios (Current Ratio, Quick Ratio)
  • Solvency Ratios (Debt-to-Equity Ratio)
  • Efficiency Ratios (Asset Turnover, Inventory Turnover)

Cost Management

  • Cost Behavior: Fixed, Variable, and Mixed Costs
  • Cost Allocation & Activity-Based Costing
  • Pricing Strategies & Cost Control Measures

Financial Forecasting

  • Methods of Forecasting Future Financial Trends
  • Creating Accurate Financial Projections
  • Analyzing Forecasting Results for Decision-Making

Interactive Case Study & Group Exercises

  • Application of Financial Concepts in Real-World Scenarios
  • Group Discussions & Problem-Solving Workshops

Wrap-Up & Q&A

  • Review of Key Takeaways from the Finance for Non-Finance Training Course
  • Open Floor for Questions & Feedback Session

Program Benefits

How You Benefit from This Finance for Non-Finance Managers Training Course:

  • Increased Financial Literacy: Build a strong foundation in financial principles applicable to various business functions. 
  • Improve Decision-Making Skills: Gain the ability to analyze financial data and contribute to strategic discussions.
  • Enhance Career Growth & Opportunities: Strengthen financial skills to qualify for leadership roles.
  • Practical Financial Tools & Techniques: Learn essential budgeting and financial analysis methods for real-world application

How Your Company Benefits by Sponsoring This Finance for Non-Finance Training:

  • Stronger Financial Decision-Making: Employees with financial knowledge contribute to better planning and resource allocation.
  • Improved Cross-Departmental Collaboration: A deeper understanding of financial terminology facilitates seamless collaboration. 
  • More Accurate Budgeting & Forecasting: Participants will assist in creating precise budgets and improving financial forecasting.
  • Better Cost Control & Efficiency: Financially aware employees help manage costs and improve overall operational efficiency.

    Request a call back.

    Submit your details, we’ll get back to you.




    Here is what some of the previous participants of this program had to say:

    “We learnt a lot of new techniques which will help us to implement in our organisation”

    “It was brought across to us in a such a way that we have go back and implement”

    Beginning of the program:

    Each participant has to fill in a pre-training need form to ascertain their expectations that can be catered to by the facilitator.

    At the end  of the program

    Each participant has to submit a Post Training Action plan for implementation and to ascertain the Return on Investment.