Are you in a position of increasing responsibility for financial decisions to meet organizational goals? Do you seek a better understanding of your department’s overall financial standing and financial details? Are you searching for the right questions to ask when presented with financial data? Do you aim to communicate financial data more effectively with your leadership team? Have you been given financial oversight for a project within your organization?
Finance for the Non-Financial Manager is designed to provide participants with hands-on experience in using, interpreting and communicating financial data. With the use of company examples, an energetic lecture and hands-on exercises, participants will gain an understanding of the standard techniques of practical financial management. These techniques will then be used in a case study setting to identify issues and factors that improve decision-making related to finance.
- Introductory Concepts
- Financing Sources and Costs
- Financial Reporting and Accounting Issues, Financial Statement Group Exercise
- Making Investment Decisions
- Investment Decision Case Study
- Financial Planning, Ratios, and Valuing a Business
Key Learning Objectives
Participants in this program will learn to:
- Understand financial reports
- Interpret financial data in contracts
- Identify sources and uses of capital
- Appreciate the difference between cash flow and profitability
- Support their decisions based on financial planning and analysis
- Communicate with financial executives in the organization
- Articulate the financial impact of decisions made by the CFO and CEO
Faculty and Speakers
Thomas Rimer is a Professor of Practice in the Finance Department within the Eli Broad College of Business at Michigan State University. Professor Rimer is an experienced instructor who teaches financial management for students with financial and non-financial backgrounds and introductory finance for non-business students. In addition, he has taught international finance, international business and financial modeling in MSExcel.
Prior to joining Michigan State University, Thomas spent 20 years in the wealth management industry as an investment analyst, portfolio manager and financial advisor for a variety of investment firms across the United States. Professor Rimer is certified in online teaching by Quality Matters, and has proven experience making general principles of finance easier to understand for non-business and business-focused students alike. For the past six years, Professor Rimer has been active in leading Education Abroad programs in St. Petersburg, Russia and Dubai, UAE.
Who Should Attend?
New to mid-level managers who need to better understand and interpret financial information will benefit from this program. Non-financial managers from any functional area and all industries will find this program highly beneficial to improving their overall ability to read and interpret financial data. No prior knowledge of finance or accounting is needed to participate in this program.
- Excellent! The session exceeded my expectations. Great return on my company's investment. Thank you! I am definitely going to apply the information.
- Real-world examples of concepts, real-time viewing of how businesses' are performing, open dialogue.
- I like how the presenter was able to communicate and teach a complex subject with passion - making it understandable and applicable. The presenter was very knowledgeable! Encouraging interaction and engagement.
- The topic was difficult for me to understand. However, how it was presented and explained, caught my attention. I absolutely learned a lot.
- It was a good overview of finance basics. It helped me to have a better understanding. I will be able to apply it to my job.
- The instructor's passion, energy, examples and willingness to answer our questions made it a great session!