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

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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


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 Munich

Munich  is  the  famed  capital  of  Bavaria  and is  a  very eminent  city  when  seen from  a  historical  context. The place is famous around the globe for its age-old museums and spectacular buildings. In recent years, Munich has seen a sharp rise in the business environment, and with it, the number of job vacancies has also  gone  up  considerably.  The  Online  Finance  Courses  in  Munich  have found  many  takers  due  to  this reason and also owing to the fact that working professionals are looking forward to building their skills in order to land lucrative job offers.

This online training is mainly aimed at both aspiring and working professionals and the Finance for Non-Finance  Managers  training  in  Munich  consists  of  e-modules  that  can  be  watched  according  to  one’s convenience. This ensures that candidates can extract maximum value out of the online classes and do not have to alter their work schedule. For a city, such as Munich that has always been the holy abode of affluent population and power dressers, this is a very fresh and different scenario altogether. Moreover, once  you  are  through  with  the  training,  you  can  easily  go  for  the  Finance  for  Non-Finance  Managers ‘certification  in  Munich  which  has  a  very  affordable  price  and  is  going to  add  a  lot  of  value  to  your resume.

 A New Alternative

 We live in a world where the typical business environment around us is changing at a rapid pace, and as a result, the requirements of various firms are also being modified. Thus, it is essential for employees to update  their  working  skills  and  be  in  sync  with  current  industry  trends. The  Finance  for  Non-Finance Managers’  online  courses  are  going  to  be  instrumental  in  getting  a  good  grip on  the  current  business environment and estimating product costs in a more precise and accurate manner. Moreover, the online training will help in making managers aware that no matter which business function you are working on, it has an impact on the financial performance of the company as a whole.

Keeping Ahead of the Curve

 The Finance for Non-Finance Managers training in Munich contains a course pack which is very relevant to  current  requirements  of  the  industry  and  as  a  result,  will  be  helpful  for professionals  in  building  a better resume. Moreover, due to the  affordable price of the certification exam, more and more people are  opting  for  the  course  at  an  increased  pace.  The  training  is  bound  to  clear  your  basics  about  the financial  documents,  budget,  etc.  and  make  you  a  valued  contributor  in  finance-related  discussions  in your company. 

The KnowledgeHut Advantage

 The Online Finance Courses in Munich are the thing to go for, right now. With KnowledgeHut's course, your opportunities are sure to grow.

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