Finance for Non-Finance Professionals
“What’s the ROI on that software your department wants to buy?“; “Why are your sales reps sacrificing gross margin for revenue? “; “The CFO noticed that profits are high but cash flow is very low“. When you hear this, even after years of experience, you still feel lost because you have no formal training in finance. Finance for Non-Finance Professionals is a program that will teach you what you need to know to participate in this discussion.
The purpose of the program is to understand topics from corporate finance by using real-life examples, to be able to assess historical and current financial results of a business, its ability to generate cash flow and adequate return to investors. The program is focused on enabling non-financial managers to better understand the drivers of their (or any) company’s economics.
Attendees upon program completion should be able to:
Understanding financial statement
- Learn how to interpret financial statements and diagnose potential problems.
- Understand how income statement and balance sheet are created and what they do (and don’t) tell about company’s business?
- Calculate and interpret various indicators of the company’s liquidity, activity, leverage i.e. indebtedness, coverage, and profitability.
- How to put each indicator into a relevant context
- Comprehend how different combinations of profit margin, asset turnover and financing structure influence return on equity
Managing Budgets and Costs
- Learn how budgets are created, managed and used to effectively control costs and increase value.
- Explore the techniques and procedure companies use to forecast and control costs, their impact on corporate strategy, financial fundamentals, organizational structures and the people within them.?
Making investment decisions
- Understand how investment decisions are made and measured.
- How are these investments assessed, analyzed and how will they impact your business' financial position - that is up to you as a manager to determine.?
- Differentiate between investments in long-term tangible and intangible assets (CAPEX) vs investments in net working capital
- Practical exercises
- Study of real business situations
- Use of strategic instruments and methodologies
A qui s'adresse la formation?
Any professional who wishes to gain the skills necessary to understand how businesses operate and how financial information is presented, analyzed and interpreted. This course is suitable for managers, directors, lawyers, and professionals of all levels, across any industry, who are expected to make business decisions with a direct financial impact to their business’ bottom line or to get a better understanding of their clients’ businesses.
The participants will obtain a certificate from the Luxembourg School of Business. Our school is certified by the Ministry of Education as a lifelong learning organism and member of AACSB (Association to Advance Collegiate Schools of Business).
- For candidates that cannot block their schedule for the entire 5 days, there are flexible options to complete the program during the next sessions.
"This workshop will prove to be a great benefit in my day to day business"
Andy Nolan - Manager Maintenance Sales and Customer Service at Cargolux
"Useful application of theoretical concepts and great ability to teach from the lecturer"
Dr. Patrick Beschorner -Corporate Development and Strategy at Encevos
"I wish I had such a workshop sooner as it gives clarity on many past projects. I recommend it to all non-financial managers''
Philippe Ragot - Marketing & Business Director at SWM International
"Very valuable training! I have a better understanding of financial tools that I will be able to apply right away on current projects "
Christophe Le Moigne - Program Development Director at SWM International
Dr. Andrej Grubisic is a Professor of Finance at the Luxembourg School of Business. In 2010 he started a corporate finance firm: Grubisic & Partners Corporate Finance focusing on mergers and acquisitions, capital raising, valuations, and due diligence.