Finance for Today’s Nonfinancial Professionals
Program Dates and Fees:
May 15 - 16, 2014
November 13 - 14, 2014
*Includes program materials, lunch, and break station refreshments
To view program brochure click here
Regardless of your job function, you need an understanding of financial fundamentals in order for your organization to survive and thrive in today's fast-paced, ever-evolving global economy.
Finance for Today's Nonfinancial Professionals bridges the gap between functional business knowledge and practical financial information. By connecting your company strategy to its financial implications, you increase the value of your organization and become a more effective business leader.
Finance is the language of business. This hands-on program presents and explains data in practical, real-world terms, giving you the functional financial knowledge needed to create better solutions to company challenges, improve interdepartmental communication, take on more strategic responsibility, and create new opportunities for your organization.
Every industry has financial metrics that matter more to them than others. We'll help you identify the financial metrics important to your organization and give you the financial tools you need to increase your opportunities and successes.
In an interactive setting made up of peers from a variety of industries, you will learn to:
Read and leverage financial reports and data, including balance sheets, income statements, and cash flow statements
Assess the profitability and costs of projects, products, innovations, and initiatives to make better investment decisions
Use your financial knowledge to improve planning, budgeting, and valuation
Understand financial language and communicate with financial colleagues to gain insight into your organization's performance
In addition to increasing your understanding of essential financial tools, you'll receive custom information that will put your organization's strategy into financial terms, empowering you to collaborate with financial colleagues for better decision making.
The curriculum focuses on universal business problems that are specific to your needs, teaching you to read actual financial statements and immediately apply that information in ways that are relevant to your job.
- Understanding Financial Statements
- Using Finance to Improve Decision Making
- Projecting Cash Flows
- Assessing Organizational Performance
Follow-up analysis and consultation help you to understand financial positions and implications at the department and enterprise level, and make strategic decisions based off this knowledge.
This program is designed for nonfinancial mid - and senior-level professionals in any industry or organization, and attracts a varied mix of participants. Whether you are a Vice President of Operations, Sales Representative, Product Manager, Director of Marketing, Systems Engineer, or anything in between, you will practice real-world financial decision making through instruction, collaboration, and interaction with your peers as you work with actual financial statements.
The program is led by Virginia Soybel, senior lecturer in accounting in Babson's Accounting and Law Division and Victoria Sassine, adjunct lecturer in Babson's Finance Division.