S00260

Finance for Decision Making (for non-finance managers)

Venue/Deadlines Program Dates Program Fees
Venue : IIMB Campus
Early Bird Discount Date : 30 Dec, 2024
Last date for registration: 10 Jan, 2025

Start Date : 20 Jan, 2025
End Date : 24 Jan, 2025

Residential Fee(excluding GST) :  Rs. 1,40,000
Residential Early Bird Fee(excluding GST) :  Rs. 1,26,000
Non-Residential Fee(excluding GST) :  Rs. 1,15,000
Non-residential Early Bird Fee(excluding GST) :   Rs. 1,03,500

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Contact Us

Mr. Junaid Ahmed
Landline No.:+91-80-26993371
Mobile No. +91-8951281609
Email: junaid.ahmed@iimb.ac.in

Mode
In-Person
Starting In
Jan-Mar
Level
Mid- Senior/Career
Duration
Short Duration
International Travel
No
Alumni Status
No

Programme Overview
Successful managers are aware that their decisions affect their company’s profitability, but are often puzzled by the numbers they deal with. To this ends, this programme empowers a non-finance manager with an understanding of the numbers. It provides the mangers with a comprehensive working knowledge of critical financial principles a simplified manner to help them make better decisions in their organization. At the end of the course the participants will be able to communicate finance-related matters more effectively, understand the performance metrics of the organization, read and use company reports, and comprehend other managerial accounting aspects. The participants learn to interpret crucial financial data that would improve their effectiveness and make productive contribution for value creation.

Programme Content
• Understanding and Interpreting Financial Statements
• Working Capital Management
• Capital Budgeting and Financing
• Overview of the Indian Financial Markets
• Cost Management
• Recent Advances in Finance

Objectives
• To help participants develop comprehensive understanding of information provided in the financial reports
• To analyse and interpret financial reports
• To use financial information for day-to-day decision making
• To understand the impact of various decisions on the company’s performance

Who Should Attend
This programme is designed for heads of divisions/functions, middle level managers and mangers, who are new to the concepts of finance or those who wish to update their knowledge on basic finance and accounts.

Participant Benefits
As a participant of this Short Duration Programme, you will be able to enjoy some exclusive benefits other than the outcomes such as skills and knowledge enhancement and building specific competencies that can help shape your career growth.

Some of the exclusive benefits of attending this programme are listed below –

  • Receive Executive Education eNewsletters
  • Invitation to share articles to the EEP blog (subject to a shortlisting process)
  • Participate in EEP webinars on various topics
  • Invitation to curated events and programs by the EEP office

Programme Director

Professor Padmini Srinivasan is a Ph.D from the National Law School of India University. She is a Fellow member of the Institute of Chartered Accountants of India and a Member of the Institute of Company Secretaries of India. She also holds a Masters degree in Commerce. Her areas of interests are Managerial Accounting, Corporate Disclosure Practices, Corporate Governance, and Corporate Income Tax.

Prior to joining IIMB, Dr. Srinivasan has worked in the Industry for more than ten years in various positions in Treasury, Planning, MIS and Accounting As part of the Executive education, she has designed and conducted programmes of short and long duration for a number of organizations including Finance for Non-finance managers.

Programme Charges

Programme Fee
INR 1,40,000/- Residential and INR 1,15,000/- Non -Residential (+ Applicable GST) per person for participants from India and its equivalent in US Dollars for participants from other countries.

Early Bird Discount
Nominations received with payments on or before 30-Dec-24 will be entitled to an early bird Discount of 10%.
Early Bird Fee (Residential) INR 1,26,000/-(+ Applicable GST)
Early Bird Fee (Non-Residential) INR 1,03,500/-(+ Applicable GST)

Group Discount
Group Discount of 5% percentage can be availed for a group of 3 or more participants when nominations received from the same organization.

Please Note

  • All enrolments are subject to review and approval by the programme director. Joining Instructions will be sent to the selected candidates 10 days prior the start of the programme.
  • The programme fee should be received by the Executive Education Office before the programme commencement date.
  • In case of cancellations, the fee will be refunded only if a request is received at least 15 days prior to the start of the programme.
  • If a nomination is not accepted,the fee will be refunded to the person/ organisation concerned.
  • A certificate of participation will be awarded to the participants by IIMB.

Certificate Sample

Note: Certificate image is for reference to potential participants only and may change at the discretion of Executive Education Programmes Office

How To Apply for the Programme

Testimonial

  • Finance for Decision Making Program at the IIMB was very insightful. It brought in a diverse set of participants from various industries along with entrepreneurs, a doctor, a photographer and a regulator under one roof. Discussions with the participants and faculty were of high quality.

    The program helped me to interpret complex financial reports using various ratios, helped me understand cost and to apply techniques that I learned during the program for better decision making.

    I would recommend this program to anyone who aspires for a leadership role as I believe that an understanding of finance is very important for success. I would also take this opportunity to thank the faculty program director for curating very thoughtful and relevant content.

    Neeraj Sharma
    Global Lead – Site Office Management, Capacity & Growth Maersk Global Service Centres
  • Being from a non-financial background, this course has certainly instilled in me the art of having a different outlook while helping me make decision. It is a holistic program for understanding key concepts in detail, which are mandatory for a manager. Although it is a short-term online course, it provides us with the necessary opportunity for applying our learnings and thereby giving us a hands-on experience at finance.

    Avalon Cabral
    Sr. Projects Manager, Cospower, Engineering Limited
  • First of all, I want to thank IIM Bangalore for organizing such a wonderful training session. It was absolutely a valuable learning experience. I have been in the Mining Industry for 6 six years and had hardly any opportunity to learn. Being from a non-finance background, many topics that were taught were completely new to me. But the efforts made by the faculty

    with a vast experience made all topics quite simple to learn. We also did project work and evaluated various financial aspects of different companies. Although, on-campus training was not possible, the virtual training sessions were excellent.

    Mukteswar Padhan
    Odisha Mining Corporation
Custom Programmes IIM Bangalore

Top-notch faculty, contemporary content, a great learning environment, and application orientation make the IIMB Exec Ed programmes world-class.