This short course introduces delegates to basic financial management principles, tools and techniques applicable in a broad range of management contexts.
It will enable participants to participate meaningfully in managerial processes such as budgeting, costing, pricing, working capital management and the analyses of financial statements. Such competencies are particularly important in entrepreneurial businesses, which might not have access to specialised financial management capabilities.
Since financial performance is a central indicator of effectiveness for any business, the fundamental financial literacy offered through this course is a compelling requirement for managers at all levels.
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The course is designed to assist managers with no financial management background to understand the financial implications of managerial decisions. It will enable participants to participate meaningfully in managerial processes such as budgeting, costing, pricing, working capital management and the analyses of financial statements. Such competencies are particularly important in entrepreneurial organisations, which might not have access to specialised financial management capabilities. Since financial performance is a central indicator of effectiveness for any business, the fundamental financial literacy offered through this course is a compelling requirement for managers at all levels.
Upon successful completion of this course, the participants will be able to do the following in the context of the targeted organisation(s):
The following topics constitute the core content of this course:
The course duration is 6 weeks.