Finance for Non-Finance Professionals
This program is designed to empower non-financial professionals in service-oriented sectors to interpret financial information, perform cost-benefit evaluations, and make data-driven decisions. It bridges the gap between operations and finance by translating financial language into practical tools for service managers and business leaders.
By the end of this training, participants will be able to:
- 1.Understand the role of finance in strategic and operational decisions.
- 2.Interpret financial statements and assess financial health.
- 3.Apply cost behavior analysis, breakeven analysis, and cost-benefit techniques.
- 4.Analyze budgets and financial forecasts for service departments.
- 5.Support investment decisions using financial tools such as ROI and payback period.
- 6.Present financial insights in business cases and recommendations.
- Department Heads & Middle Managers
- Operational & Project Managers
- HR, Marketing, and Admin Leaders
- Entrepreneurs & Business Owners
- Any non-finance professional involved in decision-making
- Trainer-led workshops
- Interactive lectures with real-world examples
- Hands-on exercises & simulations
- Case study analysis (financial scenario)
- Group discussion and breakout sessions
- Financial templates & decision-making tools
Day 1
Module 1:
- The Role of Finance in Decision-Making
- – Why finance matters for service managers
- – Common financial decisions in service ops
- – Finance as a business language
Module 2:
- Understanding Financial Statements
- – Profit & Loss Statement
- – Balance Sheet
- – Cash Flow Statement
- – Linkages between reports
- – Profit & Loss Statement
