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via Udemy |
Go to Course: https://www.udemy.com/course/finance-fundamentals-for-non-finance-managers/
MASTER THE SCIENCE OF RAISING, ALLOCATING, UTILIZING & DOCUMENTING FINANCIAL RESOURCESFoster and hone financial expertise to manage strategic business units.Why is financial knowledge necessary for non finance managers?Professionals who are equipped with a financial background are highly capable of managing any operating scenario and are considered as good decision makers Moreover, in an organization one has to interact with finance professionals as well and should be aware that how one's actions influence their figures, The constraints regarding the decisions of the market also need to be understood and for that backing of financial knowledge is highly recommended to ensure that the decision is not putting the financial aspect of the company at stake, In addition, the ability to interpret financial information will help to understand resource acquisition and allocation for communicating more effectively with the firm's financial managers.Analyze financial statementsUnderstand the nature of cost and ways to reduce costTake decision regarding priceDecide a product mix and opt for the best suited option of financing the needWhat will you Learn?Communicate & collaborate with stakeholders & business/financial leaders using the right terminology and vocabularyLearn about fundamental finance conceptsDevelop skills in interpreting financial statementsAnalyze product P & L to identify trendsApply finance concepts learned in the last term to create bottom-up financial models for businessesUnderstand the basics of Enterprise Valuation, Pre & Post Money Equity valuationGain proficiency in designing and presenting financial dataTop skills you will learnUnderstanding Financial Statements for business applicationsDocumenting and reading Financial statements pertaining to business activitiesAnalyzing financial statements using relevant ratios to assess firm healthCreating and assessing cash flows to arrive at resource allocation decisionIdeal ForFunctional Managers, Product Leaders, Business Decision Makers, Product Managers