The economic uncertainties of today's world make it imperative for non-financial managers to have a firm grasp of the financial consequences of business decisions. With volatility in financial markets and margins narrowing from highly competitive trading conditions, mid- to senior-level executives need to be aware of how investment and funding decisions can affect the value of an organisation.
Designed to equip participants with the necessary tools and knowledge to understand the financial consequences of business decisions, this diploma will enable non-financial managers to communicate effectively with those in senior accounting and finance positions ensuring that all of the organisation's functions are better integrated, significantly boosting the firm's overall value.
This diploma will provide participants with a renewed ability to integrate a financial approach into their business decision-making. In doing so, they will contribute to ensuring a sound financial basis for implementing all of their organisation's strategic plans and decisions.
Who is it For?
•Managers with a minimum of 5 years' management experience
•High-potential mid-level executives ready to assume greater responsibilities;
•Experienced functional or technical specialists currently transitioning towards general management;
•General managers, country managers or business unit heads;
•Managers of large/complex projects across teams, functions or borders
Upon completion of this programme, participants will have acquired a deeper understanding of how to interpret and use financial reports to make better business decisions and obtain a broader understanding of corporate finance to better assess the value of strategic decisions, including investment projects and acquisitions.
Specifically, the programme will help participants:
•Understand how the economic outcomes of business decisions are reflected in an organisation's financial reports;
•Communicate more effectively with their CFO and financial executives;
•Understand business valuation techniques;
•Hone the ability to assess the strengths and weaknesses of competitors by analysing their financial statements;
•Improve their ability to use financial information in managerial decision-making
•Assess the desirability and value of investment projects, corporate assets, and whole companies (acquisitions) ;
•Understand the impact of operating decisions on financial performance.
This programme is delivered over a series of 6 two-day workshops within a 10–month period. Workshops are held on Fridays and Saturdays to minimise interference with busy work schedules. The programme structure is designed in order to facilitate busy work/lifestyles and to assist participants with incorporating study into their working lives while enhancing their contribution as a member of the management team.