Demystifying Finance: A Beginner’s Guide to Navigating the Numbers
Course Overview
Demystifying Finance: A Beginner’s Guide to Navigating the Numbers
Conquer the World of Finance with Confidence
Welcome to Demystifying Finance, a course designed for new managers tasked with financial responsibilities such as planning, organising, and controlling resources. This programme simplifies financial concepts and equips you with essential tools to navigate and understand corporate finance effectively.
Programme Overview
The Demystifying Finance Programme introduces participants to the fundamentals of financial management, from budgeting and cash flow management to financial statements and ratio analysis. Through practical application and immersive learning, this course empowers participants to make informed financial decisions confidently.
What Sets Us Apart?
- Beginner-Friendly Approach: Simplify complex financial concepts into actionable insights.
- Hands-On Learning: Engage in simulations and case studies to apply financial principles.
- Comprehensive Content: Cover core topics such as budgeting, variance analysis, and financial ethics.
Who Should Attend?
This programme is designed for new managers and professionals seeking to build foundational financial skills to enhance their decision-making and resource management capabilities.
Programme Fees
Contact Fee: R18,600.00
Virtual Fee: R13,200.00
All fees exclude VAT.
Programme Structure
The Demystifying Finance Programme offers the following format:
- 3 days of training.
- Delivery options: Face-to-face or Virtual Instructor-Led Training (vILT).
Programme Outcomes
Upon completion, participants will:
- Understand core financial principles and their application in business contexts.
- Develop and manage budgets effectively.
- Create financial forecasts and analyse financial statements.
- Use financial ratios to evaluate performance and communicate insights.
- Enhance decision-making using financial data and ethical principles.
Core Skills for Financial Management
The Demystifying Finance Programme equips participants with essential skills, including:
- Financial Statement Analysis: Interpret balance sheets, income statements, and cash flow statements.
- Budgeting and Forecasting: Draft and manage budgets aligned with operational goals.
- Cash Flow and Asset Management: Optimise organisational financial resources.
- Ethics in Finance: Ensure transparency, accountability, and integrity in financial practices.
Learning Methodology
This programme integrates 40% formal learning, 40% experiential learning, and 20% social learning, providing a well-rounded and practical financial education experience.