Welcome to Financial Management for Non-Finance Professionals

Welcome to the course! We are excited to guide you through the essential principles of financial management tailored specifically for individuals from non-financial backgrounds. Whether you’re an operations manager, project coordinator, or a dedicated team member, mastering these skills will empower you to make informed business decisions that can positively influence your organization’s success.

Course Objectives

Throughout this course, you’ll gain a solid understanding of the following key areas:

• Understanding Financial Statements: Learn to analyze and interpret income statements, balance sheets, and cash flow statements, revealing insights about a company’s financial health.
• Basics of Budgeting: Develop effective budgeting skills that help you monitor and control financial resources, ensuring alignment with business objectives.
• Cash Flow Fundamentals: Understand the essentials of cash flow management, distinguishing between cash flow and profit.
• Investment Evaluation Techniques: Evaluate investment opportunities using essential financial metrics like ROI, NPV, and IRR to support sound business strategies.
• Cost Control and Management: Learn techniques for effective cost control, budgeting methods, and expense management.
• Financial Decision Making: Enhance your decision-making capabilities with critical analysis, risk assessment, and scenario planning.
• Communicating with Finance Teams: Build collaborative relationships with finance professionals by learning key financial terminology and effective communication strategies.

Navigation Instructions

You can navigate through the course by:

• Clicking the left and right arrows at the top right corner of the screen.
• Using the menu located on the left side of the screen.

Enjoy the course! We look forward to seeing you take this crucial step towards enhancing your financial literacy and business acumen.