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Finance for Non-Finance Managers Training in Berlin, Germany
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Finance for Non-Finance Managers Training in Berlin, Germany

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Modes of Delivery

Online Classroom

Collaborative, enriching virtual sessions, led by world class instructors at time slots to suit your convenience.

Team/Corporate Training

Our Corporate training is carefully structured to help executives keep ahead of rapidly evolving business environments.
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Description

Basic knowledge of finance is essential for all professionals, even if they do not have a direct role to play in the finance and accounting departments of the organisation. Managers who lack the capacity to make intelligent assessments of financial data will find themselves handicapped and unable to understand the impact of their strategies on the financial bottom-line.

KnowledgeHut’s two-day course in Finance for Non-Finance Managers cuts through complex financial information, explaining principles in simple terms that can be easily comprehended by the layperson. The practical and interactive sessions are designed to provide a thorough working knowledge of critical financial concepts. Learn how to interpret and assess financial statements, and understand how business decisions are hinged on the possible financial impact they may have. As global businesses today span geographies, the programme also intends to provide an overview of international financial management.

This course will equip you with a collection of tools and insights to enable you to fulfil your professional goals as well as the expectations of your companies and investors. Having completed this course, you will be able to assimilate and analyse financial data, evaluate financial risks and communicate effectively with the financial team. Improve your planning and budgeting skills, sharpen your business acumen; and learn to make the right money-related decisions that notch up your business numbers!

On successful completion of the course, you will receive a Course Completion Certificate from KnowledgeHut with Credits (1 credit per hour of training).

What you will learn:

By the end of the course all participants will have the following:

  • An understanding of basic financial accounting terms and concepts
  • A greater understanding of accounting and finance systems and the objectives of financial statements
  • Knowledge of frameworks for applying financial analysis to management decision making
  • An understanding of basic financial models, key financial ratios and indicators
  • Basic planning and budgeting skills
  • The confidence and skills to contribute to financial management within their organisation
  • An awareness of the role of finance within the larger organisational structure and its contribution to overall business strategy
  • A thorough working knowledge of critical financial principles

You will also get:

  • 16 hours training led by industry experts
  • Downloadable e-book
  • Case studies
  • 60 minute online test with 20 questions
  • Participation certificate on successful completion

Key Features

16 hours of training on financial concepts and fundamentals
High-quality course led by industry experts
Case studies for real world familiarit
Downloadable e-book
60 minute online test with 20 questions to reinforce concepts
Participation certificate after successful completion of workshop
Introduction

The role of finance
Finance organisation structure- key roles and responsibilities
Understanding the language of finance and accounting
How financial transactions are recorded- process, sub process and transaction flows

The business model
How money flows into the business
Sources of long term finance –debt and equity
The difference between turnover, cash and profit

Understanding key components of financial statements
Income statement
Balance sheet
Cash flow statement

Analysing and interpreting financial statements
Evaluating the financial health of a company
Ratio analysis: profitability, efficiency and liquidity
Reading through the numbers and understanding trends

Working capital management and the cash cycle

  • The importance of cash cycle
  • Managing receivables, inventory and payables
  • Sources of short term finance

Management accounting and decision making

  • Break-even analysis
  • Cost behaviour
  • Pricing strategies

Planning, budgeting and forecasting for organisations

  • Understanding the budgeting process
  • Motivation and the behavioural aspects of budgeting
  • Budgeting and forecasting exercise in excel

Capital projects

  • The time value of money
  • Investment appraisal techniques
  • Discounted cash flow
  • Net present value
  • Internal rate of return

Tools and exercises will be provided so that you can practice the techniques and strategies covered in the course. On successful completion, participants will receive a participation certificate from KnowledgeHut.

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Frequently Asked Questions

This course explains the essential concepts of accounting and finance to managers who do not have a financial background and is tailored to the level of delegates’ experience.

Middle level executives working in marketing, operations, materials, human resource and other non-finance areas of companies, and desirous of understanding the basics of finance will find value from attending this course.

This course in Finance for Non-Finance Managers helps to cut through complex financial information, explaining principles in simple terms that can be easily comprehended by the layperson. The practical and interactive sessions are designed to provide a thorough working knowledge of critical financial concepts. You will learn how to interpret and assess financial statements, and understand how business decisions are hinged on the possible financial impact they may have. As global businesses today span geographies, the programme also intends to provide an overview of international financial management.

As this course is designed for Non-Finance Managers, it does not require any financial qualification. However, it would be helpful if you are familiar with Excel (preferably Excel 2007 or 2010) as the course extensively uses Excel-based case studies to explain important concepts in a simple and lucid manner.

Yes, this course is conducted as a virtual course. Call us for more information on the same.

On successful completion of the course you will receive a course completion certificate issued by KnowledgeHut.

You will receive 1 credit per hour of learning.

The trainers are highly qualified and certified instructors with plenty of experience to deliver classroom training.

It is easy to enroll for classroom training online. There are several options to pay either through your debit/credit card that includes Visa Card, MasterCard; American Express or - via PayPal. Payment receipt will be issued to the candidate automatically by email.

Any registration cancelled within 48 hours of the initial registration will be refunded in FULL (please note that all cancellations will incur a 5% deduction in the refunded amount due to transactional costs applicable while refunding). Refunds will be processed within 30 days of receipt of written request for refund. Kindly go through our Refund Policy for more details: https://www.knowledgehut.com/refund-policy

Please send in an email to support@knowledgehut.com,and we will answer any queries you may have!

Finance for Non-Finance Managers Course in Berlin

Finance for Non-Finance Managers Training in Berlin

The  Capital  of  Germany,  Berlin  is  a  modern  conglomeration  of  cultures,  people,  history  and  a contemporary  metropolis.  Home  to  3.6  million  people  and  visited  by  millions  of  tourists  every year, the city is known for its  contrasting architecture, festivals, nightlife, a high quality of living and a third of the city is made up of forests, gardens, parks, lakes and rivers. Berlin ranks high among  the  best  places  for  education  with  its  reputed  universities  and  has  also  seen  the emergence of an entrepreneurial scene in the recent years.

Berlin is the centre for culture, politics, science and media and its economy based on tech firms, research  facilities,  media  corporations,  IT  pharmacy,  biomedical  engineering,  biotechnology, electronics and construction. The city’s economy is dominated by the service sector and has the offices  of  several  national  and  international  companies  including  companies  in  the Global 500. The  employment  opportunities  are  just  as  tremendous  as  the  diversity  of  the  important economic  sectors  in  the  city.  Professionals  with  the  right certification  and  set  of  skills  have promising career prospects and being in a managerial role, taking up one of the online Finance courses in Berlin can give you an edge in your carrier.

About the Course

The Finance  for  Non-Finance  managers  training  in  Berlin  is  an online course  primarily  for managers  who  have  little  or  no  background  in  finance.  The course  curriculum  has  all  the fundamentals of finance and in just enough detail in to the subjects to be absorbed  by anyone who  has  no  previous  financial  qualification.  The Finance  for  Non-Finance  manager’s  online courses  explains  the  essential  concepts  of  finance  and  accounting to  the  managers  and  is designed for the level of delegates’ experience. Price for the Finance for Non-Finance manager’s  certification  in  Berlin  is  reasonable  and  money  worth  spending  for  the  skill  acquired.  The finance for non-finance managers training in Berlin also acts as a stepping stone for any future exam on finance you might want to take up.

Keeping Ahead of the Curve

It is imperative as a manager to be well aware of the fundamental financial concepts involved in an  organization.  If  you’re  coming  from  a  non-financial  background  it  would  be tremendously helpful to take up an e-learning course like this that has online classes that can be taken up at a time of your choosing. With the training acquired you could be involved in the financial decisions of your organization. 

KnowledgeHut Empowers You

 

The online  Finance  courses  in  Berlin  by  KnowledgeHut  are  of  high  quality  and  taught  by experienced  instructors  through online  training.  Possessing  the  knowledge  and  skills  you  gain from  here  gives  you  the  confidence  to  perform  your  role  as  a  manager  competently  to   deliver outstanding results.

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