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Finance for Non-Finance Managers Training in Nairobi, Kenya
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Finance for Non-Finance Managers Training in Nairobi, Kenya

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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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Everything from the course structure to the trainer and training venue was excellent. The curriculum was extensive and gave me a full understanding of the topic. This training has been a very good investment for me.

Attended Certified ScrumMaster (CSM)® workshop in May 2018

Overall, the training session at KnowledgeHut was a great experience. I learnt many things. I especially appreciate the fact that KnowledgeHut offers so many modes of learning and I was able to choose what suited me best. My trainer covered all the topics with live examples. I'm glad that I invested in this training.

Attended PMP® Certification workshop in May 2018

Knowledgehut is the best training institution. The advanced concepts and tasks during the course given by the trainer helped me to step up in my career. He used to ask for feedback every time and clear all the doubts.

Attended PMP® Certification workshop in May 2018

My special thanks to the trainer for his dedication and patience. I learned many things from him. I would also thank the support team for their help. It was well-organised, great work Knowledgehut team!

Attended Certified ScrumMaster (CSM)® workshop in May 2018

I would like to extend my appreciation for the support given throughout the training. My trainer was very knowledgeable and I liked his practical way of teaching. The hands-on sessions helped us understand the concepts thoroughly. Thanks to Knowledgehut.

Attended Certified ScrumMaster (CSM)® workshop in May 2018

The teaching methods followed by Knowledgehut is really unique. The best thing is that I missed a few of the topics, and even then the trainer took the pain of taking me through those topics in the next session. I really look forward to joining KnowledgeHut soon for another training session.

Attended Certified ScrumMaster (CSM)® workshop in May 2018

The workshop held at KnowledgeHut last week was very interesting. I have never come across such workshops in my career. The course materials were designed very well with all the instructions were precise and comprehenisve. Thanks to KnowledgeHut. Looking forward to more such workshops.

Attended Certified ScrumMaster (CSM)® workshop in May 2018

The Trainer at KnowledgeHut made sure to address all my doubts clearly. I was really impressed with the training and I was able to learn a lot of new things. I would certainly recommend it to my team.

Attended PMP® Certification workshop in May 2018
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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 Nairobi

Nairobi  has  the  unique  distinction  of  having  the  world’s  only  game  reserve  within  a big city. The capital of Kenya, Nairobi exudes a cosmopolitan aura and has  an exotic culture. One of Africa’s most dynamic cities, Nairobi has fabulous places to dine, has a energetic nightlife and has plenty to offer to both, business traveller or a tourist. 

 Nairobi  houses  many  of  Africa's  leading  companies  along  with  it  being  the  regional headquarters  of  several  multinational  organisations like  IBM,  Cisco,  Google  among others.  The  flourishing  business  backdrop  needs  qualified  managers  with  financial know-how  to  effectively  engineer  and  manage  projects.  However,  most  managers have domain expertise and often lack the financial perspective that can have a huge bearing on the outcome of their activities. It is advisable that managers early in their careers enroll for e-learning options in Finance for Non-Finance Managers training in Nairobi. Joining this online training at KnowledgeHut can transform their careers as it gives  them  the  ability  to  interpret  financial  information  and  use  this  knowledge  for better decision-making.

The Finance  for  Non-Finance  Managers’  certification  in  Nairobi is  designed  to address  all  critical  finance  needs  of  non-finance  managers.  The  program  ensures that  professionals  can  analyze,  formulate  or  support  financial  strategies  and  goals. The online  modules  of  this certification  explain  the  key  financial  concepts,  tools  & techniques and aid them in gaining financial credence.

 Nairobi  is  an  important  financial  hub  of  the  region  and  has  witnessed  consistent growth. The number of companies that have their offices here proves this. The wide spread business activity has a specific requirement for managers who have acquired financial know-how along with their existing domain knowledge and skill. Non-finance individuals  can  register  for  a course,  which  takes  them  through  the  basics  and enables them to interpret financial statements and tools with authority. 

 New Alternative

The inability to judge the financial impact of their strategic actions is perhaps one of the  biggest  obstacles  managers  face.  The  direct  consequence  of  is  that  it  hinders their  growth  and  as  they  move  up  the  value  chain  understanding  finance  and numbers is critical. Managers lacking a financial background can take up training that will  help  them  interpret  financial  information.  Familiarizing  themselves  with  financial principles  will  enable  them  to  identify,  communicate  and  implement  the  role  of finance in their functional areas and consequently contribute to organizational goals. 

Keeping Ahead of the Curve

 The  Finance  for  Non-Finance  Managers’  online  courses  gives  managers  a  solid understanding of the financial process and empowers them with a skill that will allow them to stay ahead of the curve. Enrolling for a KnowledgeHut training will be highly advantageous  as  professionals  will  be  under  the  tutelage  of  an  eminent  panel  of teachers who via online classes transfer the requisite knowledge to the students.

 Knowledge Hut Empowers You

 

The online  Finance  courses  in  Nairobi can  be  pursued  at  an  economical price. Professionals will benefit from the online program offered by KnowledgeHut as it will equip them with the key elements of financial concepts and prepare them to use their new knowledge with flair both in exam conditions or practically at work.

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