KT-7059 Finance for Non-Financial Professionals Training - Minneapolis, Minnesota IT MN Technical Financial New York, NY
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Finance for Non-Financial Professionals


Description: 

Learn to manage the financial aspects of a department, business line or budget.

Do you have budgetary responsibilities for a department or project?  Do you understand how to analyze the various financial documents? Are the acronyms of ROI, CBA, IRR, NPV, and TCO unfamiliar and their formulas a puzzle that you want to understand? This class will help you solve the financial mysteries and master your role in analyzing, establishing, and monitoring your department or project dollars. No matter how important a purchase or project might be to your team or department, the bottom line is what matters when you are trying to convince the CFO,.In this course, you will learn the basic practices of finance and accounting and how to effectively communicate with financial professionals. This course will give you the confidence to go into the CFO's office and convincingly convey financial benefits and the link to the strategic objectives. This course also helps you understand how executives select projects, analyze business performance through budgets, and interpret financial statements. 

What You Will Learn

  • Basic finance and accounting language
  • Understand and evaluate financial statements
  • See your initiative through the eyes of the CFO
  • Time value of money
  • Effective budget management techniques
  • Assess investment opportunities
  • ROI vs. TCO and when to use each as justification
  • Fixed vs. variable costs
  • Cost analysis, profit planning, and volume/price risks
  • Communicate effectively with financial executives

Who Needs to Attend

Any professional responsible for a budget, including department managers, directors, supervisors, project managers, IT project managers, project coordinators, project analysts, project leaders, senior project managers, team leaders, product managers, and program managers.

 
Click here to view the Course Outline
     
Prerequisite: 

There are no prerequisites for this course.

 
   
     
Duration: 
3 Days  
     
     

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Comments on the Course

If class start date is less than 5 business days from today, please call for pricing.

Please call for Group Rate for 3 or more registrations.  Registrations must be made at the same time to receive discount.