Finance for Non-Finance Managers

This Finance for Non-Finance Managers Training in Dubai is specifically designed for valued staff members, who want to have knowledge of basic finance and accounting in order to help them in their job performance.

Training Delivery Idea

DURATION OF THE TRAINING PROGRAM DELIVERY METHOD

The Finance for Non-Finance Managers Training in Dubai is for 2 days which is considered to be effective as per previous experience of delivering the similar programs for other reputed UAE based companies.

The delivery method will base upon case studies, training, live exercises, examples from relevant Industry. Assessment will be conducted at the end of the training session.

PRE-TRAINING REQUIREMENT

A pre-training questionnaire will be provided for all the participants with a focus on learning objectives of each of the participants in order to further customize the training program, if needed.

POST TRAINING OFFERINGS

A refresher (short session) will be provided after 2 months of the training date in which a revision will be made and any specific query/ questions from the participants.

Takeaways

  • How to conduct a break-even analysis and ratio analysis
  • The impact of pricing on profit
  • Why and how market conditions influence business decisions
  • The difference between cash and profit
  • Capital budgeting in marketing decision making and fixed and variable costs
  • The need to control working capital
  • The different business strategies
  • The different types of investment project
  • The economic evaluation of investment proposals
  • Calculation of payback method as a technique for initial screening of two or more projects
  • The differences between cash flow and profit
  • Cost structure, and its importance for pricing and planning
  • The differences between cash flow and profit
  • Cost structure, and its importance for pricing and planning
  • Key ratios like leverage and profitability and ROA
  • Where information comes from for good decisions

Learning Objectives

Team competition consisting of four business cycles in which teams have full decision-making power and are accountable for the results. In each cycle, team-based companies develop and implement a business strategy which incorporates real-world dynamics: production capacity, customers, prices, financing, and more. Each cycle includes the following activities:

Course Outline

  • Basic financial terminology
  • The difference between cash and profit
  • How to conduct a ratio analysis
  • The impact of pricing on profit
  • Why and how market conditions influence business decisions
  • How to conduct a break-even analysis
  • Fixed and variable costs
  • How to set and manage budgets
  • How to forecast cash flow
  • The impact of excess inventory
  • The need to control working capital
  • How to prepare and use financial statements to understand the business
  • The different growth strategies
  • The different business strategies
  • Capital budgeting in marketing decision making
  • The different types of investment project
  • The economic evaluation of investment proposals
  • Calculation of net present value and internal rate of return in decision making
  • Calculation of payback method as a technique for initial screening of two or more projects
  • The service profit chain

Finance for non-Finance Executives – Finance Learning by Team Competition Gamification 

Participants will Receive

  • Participation Certificate and course slides.

Read our blog on: Finance for Non-Finance Games Based Simulations

Cost, Profit and Break-Even Program

Finance for Non-Finance Games Based Simulations: Team competition consisting of four business cycles in which teams have full decision-making power and are accountable for the results. In each cycle, team-based companies develop and implement a business strategy which incorporates real-world dynamics: production capacity, customers, prices, financing, and more.