Varsity College Finance for Managers Course

IIE Finance for Managers

INTRODUCTION

All business decisions have financial implications, but many managers, who may be highly skilled within their specific disciplines, lack the financial literacy required to perform at optimum level. This practical short learning programme has been designed to provide middle and senior managers with advanced knowledge and skills in capital budgeting, financial statement analysis and cash flow analysis, to function effectively in those areas of accounting and finance that are encountered daily in the business world. It provides students with an understanding of the impact of making appropriate financial decisions in the best interest of the business.

WHO SHOULD ATTEND

Non-financial middle to senior managers seeking greater understanding of financial management and the impact of operating decisions on the financial health of the business.

PROGRAMME CONTENT

The following topics are covered:

Introduction to corporate finance

The types of business formats by investigating their legal requirements, characteristics and financial objectives.
Understand the processes used to formulate and implement financial strategies.
Analysis of business performance through interpretation of financial statements to support business decisions and strategy formation.

Short term financial planning

Drafting of budgets as a forecasting tool
Techniques to analyse and management business costs.
Working capital management to manage the effective use of the company’s cash flow.

Financing decisions

Sources of finance to fund business decisions and understand the resulting cost of such capital.
Using the calculation for cost of capital to choose between the most feasible sources of finance for the company.

Investing decisions

The impact of Time on the value of money.
Using appropriate tools to evaluate investment projects and choose the best option/s for the company.
Control of investment projects

CERTIFICATION

Finance for Managers is a short learning programme (SLP) that is certified by the Independent Institute of Education and endorsed by the Chartered Institute of Business Management (CIBM). Students enrolled in this short learning programme can apply, on successful completion, to be exempt based on recognition of prior learning for the equivalent module on the IIE Management Development Programme. All short learning programmes (SLPs) that are available through The Business School have been specifically designed for working adults. These SLPs differ from the full qualifications that are also available through Varsity College and which are registered on the National Qualifications Framework. Before you register you must ensure that the programme you select best suits your individual learning and workplace objectives.