FINANCIAL ANALYSIS AND BUSINESS DECISIONS FOR NON-FINANCE MANAGERS
DURATION
4 weeks
NEXT RUN
29 Oct 2024
FEES
SGD 269.88 (after MAX Funding)
SGD 2,316.25 with GST
VENUE
Live Online (every Tue & Fri, via Zoom)
NUMBER

Yeo Wei Ping 

+65 6601 1314

RATING
Rated 5/5
Skillsfuture SG

GST shall apply at prevailing rate. More info.

This course is one of the gateway courses that is required and compulsory for admission to The NUS Executive MSc in Management (EMIM).
OVERVIEW
Enhance your business acumen and financial analysis skills

Business performance is measured using financial statements. Management is expected to create value for the company. To create value, a good grasp of financial principles is absolutely essential. However, many non-financial managers do not fully grasp financial and accounting concepts. Value will not be optimised when this happens. In this workshop you will enhance your business acumen and financial analysis skills. After this, you will be better at making business decisions and taking your business to the next level!

This course uses accelerated learning methodology to provide an impactful learning experience. Actual annual reports of public-listed companies, real-life case studies and financial news will be used to provide realistic learning experiences and direct transfer of learning to the workplace. This is a hands-on workshop that focuses on the practical applications of accounting and financial principles in a business environment. Complex technical jargon will be explained in simple layman terms.

This workshop will enhance participants business acumen and financial analysis skills. After the training, participants will be able to better:

  • Understand common accounting and finance terminology
  • Appreciate the rationale behind accounting and financial policies
  • Make business decisions
  • Manage operations to achieve better financial results
  • Analyse financial information in annual reports
  • Monitor financial performance
  • Manage financial risks
  • Appreciate corporate strategy and KPIs set by senior management
  • Ask insightful questions about a company’s finances and business strategy
  • Communicate more effectively with finance department


Outline

  • What are the key financial statements, and how do they inform business decisions?
  • How is a business financed?
  • How is a company's net worth determined?
  • Is the company at risk of facing bankruptcy?
  • Why is working capital management important?

  • What are the differences between cash and accrual accounting systems?
  • What are the strengths and limitations of accrual accounting?
  • How are profit margins computed?
  • What is EBITDA?
  • Why profitable companies can still go bankrupt?

  • What is the difference between cash balance and cash flow?
  • How can you tell if a business’ cash flow is sustainable?
  • Where cash might be stuck in a company, and how it can be freed up?
  • What are the differences between sustainable and non-sustainable cash flow patterns?
  • What is the impact of changes in working capital on cash flow?

  • What is the role of budgeting and forecasting in managing a business effectively?
  • How is a budget developed?
  • How changes in volume, cost and selling price drive profit?
  • How fixed and variable costs differ in behaviour, and the impact they on profitability?
  • What is operating leverage, and how it affects a company's profitability?
  • What is break-even analysis, and how it is calculated?

  • How future value, present value, discount rate and the number of periods relate to each other?
  • How are perpetuities valued?
  • How are annuities valued?
  • How are bonds and equities valued?
  • How is the cost of debt calculated?
  • How is the cost of equity calculated?
  • What is the Weighted Average Cost of Capital (WACC), and how a company can use it to assess investment opportunities?
  • What is the optimal capital structure?

  • Why is capital budgeting important?
  • What does capital budgeting involve?
  • What is Net Present Value (NPV), and how is it calculated?
  • What is the payback method, and how is it used to evaluate investment decisions?
  • What is the Internal Rate of Return (IRR), and how is it calculated for investment projects?
  • How project risk can be assessed effectively?

  • How key financial ratios can be calculated and interpreted, to assess a company’s financial health and operational efficiency?
  • How the Du Pont Analysis is performed, and what insights are provided about a company’s return on equity?
  • How do financial ratios enable comparisons of a company against its industry peers or standards?
  • How trends in financial ratios over time can be analysed, to identify patterns and potential issues in a company’s financial performance?

    FACULTY


    yen teik lee
    Senior Lecturer
    Finance
    View Profile
    Who Should Attend

    Executives, Managers, Entrepreneurs

    THE NUS EXECUTIVE MSc IN MANAGEMENT (EMIM)

    24 Months | Hybrid-Learning. Executive-friendly format.

    Explore The NUS Executive Master of Science in Management Programme, rooted in the ethos of lifelong learning. Our transformative program is designed to empower and equip mature learners from diverse educational backgrounds with the latest knowledge and essential management skills, all within a dynamic and multicultural setting. A prior bachelor’s degree is not mandatory for admission.

    Learn More

    • Small/medium business owners looking to acquire formal education
    • Former civil servants looking to transit into the private sector
    • People who have done well in business without any formal training and are looking to further develop their skills or credentials to grow
    • The middle-aged career candidates that would like to attain a degree
    • People who are in transition from career sabbatical and back to professional life

    Learners will

    • gain a holistic perspective of business operations, corporate
      finance and accounting, and the key drivers of firm performance as well
      as the interrelationships among them,
    • learn about the key themes on qualitative and quantitative
      components of management, strategy making and execution, and
      facilitating them in organisations,
    • develop skills in data-informed analysis,
    • communicate and work collaboratively in teams to solve challenging problems, and
    • develop sensitivity to stakeholders’ requirements and learn to work towards meeting them.



    *Learners will need to attain at least a Merit grade for just 2 gateway courses (with the Financial Analysis and Business Decisions for Non-Finance Managers gateway course as mandatory) as part of the admissions criteria to the EMIM programme.

    TESTIMONIALS
    DATES AND FEES
    Date Venue (after MAX Funding) with GST Registration
    29 Oct 202422 Nov 2024
    Live Online (every Tue & Fri, via Zoom) SGD 269.88 SGD 2,316.25
    Application Procedure and Deadline
    Participants are strongly advised to apply at least 2 weeks in advance.


    SkillsFuture Singapore (SSG) Funding Scheme for Singapore Citizens or Permanent Residents (PRs)

    This course is eligible for subsidies under SkillsFuture Singapore (SSG). Singaporeans or PRs can enjoy up to 70% or more subsidies. 

    *Click here to find out the details.