Most managers are aware that financing and budgeting are not the sole responsibility of those within the finance department. Financial knowledge is essential for anybody aspiring to a position of leadership. The Finance for Non-Financial Managers online course is designed to give non-financial managers the tools they need to better evaluate and comprehend financial data.
According to the Harvard Business School study, Understanding financial statements and cash-flow analysis is among the top four talents that any manager should have. The Finance for Non-Financial Managers training taught by experts from Martin J. Whitman School of Management, Syracuse University gives an understanding of the various elements impacting a company's finances, allowing candidates to make better informed managerial decisions.
A Gartner report states that unsound financial decisions have put a 3% portion of the company's profit at stake. The Finance for Non-Financial Managers training teaches students how to evaluate the performance of a department or organisation, manage resources, and analyze investment possibilities.
The Fees for the course Finance for Non-Financial Managers is -
Head
Amount
Course Fees
Rs. 125,260
Eligibility Criteria
Certification Qualifying Details
To qualify for the Finance for Non-Financial Managers certification, candidates will have to finish the modules included in the course and present all the projects and assignments. Candidates must take part in course activities including quizzes, live polls, questionnaires, surveys, etc. Students are evaluated via a series of online submitted projects and assignments. Students must meet all the requirements stated in the coursebook to qualify for certification.
What you will learn
Financial knowledgeFinancial Management
After completing the Finance for Non-Financial Managers from Syracuse University, Candidates will gain the ability to confidently contribute in financial planning and talk along with a useful resource for assessing the department's or organisation's financial health. Learners will develop a comprehensive grasp of the elements that influence financial decision-making, helping students to make better-educated business decisions. candidates will be equipped with the ability to create cash-flow predictions and calculate the cost of capital for a firm.
Working individuals from various industries who don't have a degree in finance and want to learn how to read and analyze financial data.
Non-financial personnel who wish to be able to analyze the financial environment of their company or department to contribute to financial choices and conversations and make better-informed judgments.
Those in statistical jobs like statisticians, finance planners want to improve their financial aptitude and gain a deeper understanding of the practical aspect of the business.
Admission Details
To get admission to the Finance for Non-Financial Managers from Syracuse University, follow the steps mentioned below:
Step 1. Follow the given URL to visit the official course page (https://www.getsmarter.com/products/syracuse-finance-for-non-financial-managers-online-short-course)
Step 2. Locate the ‘Register Now’ button to start the process of enrolment
Step 3. Mark the consent box to agree with the terms and conditions
Step 4. Generate a profile on the providers portal by filling in personal details
Step 5. Fill in the billing address and sponsor information if applicable
Step 6. Pay the fee amount and start learning
The Syllabus
Identify the various stakeholders of a company
Identify the different types of businesses
Determine the objectives of a company
Interpret the responsibilities of the board toward a company's stakeholders
Relate the perception of stakeholders to the value of a company
Analyze the corporate governance structure of a company
Identify the various sources of financing disclosed on the balance sheet
Recall the purpose and function of each of the financial statements
Calculate the financial ratios of a company
Investigate the off-balance-sheet debt and the influence thereof on the financial health of a company
Interpret the financial ratio calculations
Analyze the overall financial health of a company
Calculate the free cash flow to the firm and the free cash flow to equity
Identify the difference between the free cash flow to firm and the free cash flow to equity
Estimate the forecasting free cash flow of a company
Differentiate between earnings and free cash flow
Compare the mechanics of the stock market to the bond market
Discuss the role of financial markets and why some individuals do not actively participate in these markets
Analyze the IPO performance of a company listed on the stock exchange
Select a financing option to fit the requirements of a company
Investigate other financing options available in addition to the stock and bond markets
Calculate the cost of debt
Identify what the risk-free rate is and how to determine the risk premium
Use the cost of debt and equity to calculate the overall cost of capital
Calculate the cost of equity
Identify the components included in the time value of money calculations
Discuss the differences between enterprise value and market capitalization
Calculate the time value of money
Assess the enterprise value of a company
Analyze and interpret the outcomes of the time value of money calculations
Calculate the added value of an investment using different techniques
Identify the different techniques used to evaluate alternative investment opportunities
Analyze the factors used to compare two alternative investment opportunities
Assess the value of an investment opportunity and compare it to alternative options
Execute an investment evaluation where there is a difference in lifespan
Identify the different types of biases
Recognize the presence of bias when making financial decisions
Show how biases influence financial decision-making
Create an action plan to overcome future biases when making financial decisions
Reflect on how to mitigate the influence of biases on financial decision-making
Instructors
Martin J Whitman School of Management, Syracuse Frequently Asked Questions (FAQ's)
1: What is finance?
Finance is described as money management, which encompasses actions such as borrowing, investing, lending, saving, budgeting, and predicting.
2: What are the 3 areas of finance?
The Financial & investment market, corporate finance, and risk management are the 3 areas of finance.
3: What kind of jobs are available in finance?
There are many types of jobs available in finance, some of them are Accountant, Financial analyst, Insurance agent, Financial advisor, Banker, etc.
4: What are the 5 sources of finance?
The 5 sources of finance are:
Indigenous bankers
Installment credit
Commercial banks
Trade credit
Advances
5: What is finance for non-financial managers?
Finance for non-financial managers is an online course for non-financial professionals which provides an overview of the financial industry.