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Finance for the Non-finance Executive

Accounting, financial processes, and the interpretation of numbers

Finance for the Non-finance Executive (FIN.28)

Dates 3. - 5. Nov 2020
Location Online
3,900 €

Finance for Managers (FIN.29)

Dates 3. - 5. Nov 2021
Duration 3 Days
Location Berlin
3,900 €

Finance for the Non-finance Executive

Executive education program in English
icon live online

 

NEW: In 2020 the program will be delivered in a live online format.

Managers in multifaceted organizations are seldom encouraged to consider their value-chain position or the value created by all the players involved. Indeed, many executives are not confident in their knowledge of the underlying principles and practical applications of basic investment-appraisal techniques.

This innovative, action-oriented, hands-on program is designed for non-financial managers who wish to learn how accounting and financial processes work, and how to interpret the powerful messages that can emerge from the numbers. Finance for the Non-finance Executive focuses on identifying and removing financial management roadblocks and helps establish a sustainable program on financial discipline and awareness.

 

Who should attend the program?

Senior or mid-level managers from a non-financial background interested in gaining a better understanding of financial principles.

 

Key benefits

  • Gain a deeper understanding of profit-and-loss accounts, balance sheets, and cash-flow statement operations
  • Learn to identify relevant costs and revenues
  • Obtain a firm grasp on finance
  • Communicate their financial goals to others
  • Receive a solid network of global contacts

 

Key topics

  • Developing awareness of external financial markets and their effects on management decisions
  • Explaining relationships between revenue and costs and asset management; how return on capital employed (ROCE) is built from these two components; and how profit differs from cash
  • Forensic analysis of cash-flow statements to predict financial stress
  • Understanding the basic valuation framework surrounding investment decisions; measuring consequences of time adjustment, amounts of relevant cash flow, and risks
  • Introducing new techniques in cost measurement, such as activity-based costing and value-chain analysis; discussing the relevance of these tools
  • Effective cooperation with internal and external financial specialists

Meet the teaching staff

The programs have been 
designed – and will be led –
by ESMT faculty members 
and ESMT visiting faculty. 
They will also guide and 
advise you throughout 
your studies.

Susanne Jacoby
Testimonial

"Excellent training program conducted by highly skilled business professionals. A very good balance between information, edutainment and group exercises."

Susanne Jacoby, Marketing Manager, SodaStream International
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Testimonials
Testimonial

I would especially highlight the sessions with Prof Lothian, who managed to convey financial topics in a lively, humorous, and practical way.

Bernhard Kuhnt, Jaguar Land Rover
Your Program Advisor

Contact

​​​​​​​Beatrix Becker
Manager Business Development, ESMT Berlin

Phone: +49 30 21231 6205

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