Overview
Understanding how managerial decisions, policies, and activities affect the bottom line of an organization is an essential part of your success in business. FIU’s Financial Analysis for Non-Financial Managers program teaches you how to “speak finance” and understand how numbers are used to describe financial activities and the relative health of a business.
With a firm grasp of financial fundamentals, you’ll be able to manage more effectively and see how your department and your decisions fit within the overall financial structure of your company and ultimately contribute to shareholder value. Most important, you’ll be more fluent in the language of business, enabling you to present business ideas clearly in financial terms.
Highlights
As a participant, you will learn to read and understand financial statements and critical financial ratios like profit margins, asset turnover, return on assets, debt leverage, and return on equity. More specifically, after completing the seminar, you will know how to:
- understand and appreciate the financial objectives of your firm
- read and interpret financial statements
- interpret key financial ratios that measure the financial performance of your firm and others
- deal more effectively with budgets—how they’re formulated, evaluated, and used, and
- improve the chances of getting your ideas accepted and implemented by presenting them in a financial context.
Unique Features
This seminar emphasizes the relationship between financial activity and the bottom line at the strategic and operational levels of the organization. We have developed the course to give you a working framework of financial metrics so that you will be comfortable using this information in your job.
Unlike programs with a more theoretical slant, ours focuses on the kind of practical knowledge and terminology that is used in day-to-day decision making and strategic planning.
Participants
This program is designed for non-financial managers in human resources, marketing, sales, manufacturing, and engineering. It is also recommended for:
- managers with departmental budgets to plan and oversee
- general managers from all types of businesses
- professionals with non-financial backgrounds, especially HR and IT, and
- small- to mid-sized business owners.
