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Finance for Non-Finance Managers Training in Melbourne, Australia
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Finance for Non-Finance Managers Training in Melbourne, Australia

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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

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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 Melbourne

Finance for Non Finance Managers Melbourne

WHY MELBOURNE?

Popularly deemed the most liveable city in the world, Melbourne enjoys a vibrant culture and a temperate oceanic climate. It is a great place to live in for those who are employed in the business sector as it is Australia’s prime financial hub. With a pleasant mixture of people from different cultures, Melbourne’s economy is a flourishing one. Research, logistics, information technology, manufacturing and transport are the main contributors to the economy. With a strong education network, this city is also one of the most education-friendly ones in Australia. Thus, having a good understanding of Hadoop, Big Data, Android Development, Finance and the latest software processes is of great relevance here.

WHY FINANCE TRAINING FOR NON-FINANCE MANAGERS? 

With misappropriation and malpractices stemming within organisations, there is a big need for non-finance managers to understand financial concepts and models today. A basic understanding of finance is important so that managers can be on their toes and directly involve themselves in the financial decisions of their companies. Online classes and online training is an easy method of getting this knowledge, apart from classroom training. E-learning portals allow for you to take a course, exam and even get certification in various fields related to management, software development and finance. At an affordable price, KnowledgeHut is a great online learning website and organisation that offers training in finance, aside from data analysis, Python training and more.

The Finance for Non-Finance managers training in Melbourne is best suited for managers who do not have previous understanding of finance and are looking to dig their feet more firmly into finance analysis. The best part of the Finance for Non-Finance Managers training in Melbourne is that participants need to only come equipped with an understanding of Excel. Such online Finance courses in Melbourne will help participants be decisive in business strategy, and to come up with the best methods of deploying funds in order to enhance profits.

WHY KNOWLEDGEHUT?

One of the best online Finance courses in Melbourne can be found on KnowledgeHut. Their two-day course explains finance and accounting strategies from a non-financial lens, making it easy for customers to get into the flow. The course uses excel-based case studies so that concepts will be understood in more practical ways.

 

The Finance for Non-Finance managers online course is a virtual classroom course that teaches you about cash cycles, basic finance structures, and will familiarise you with the language of accounting. The course will teach you to understand the main elements of financial statements, sources of short-term finance and pricing strategies. The course entails a 60-minute exam as well as certification at the end of the course. KnowledgeHut’s Finance for Non-Finance Managers certification in Melbourne is a must if you want to get a better understand of the budgeting process and multiply company profits.

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