Financial management

Summary

Speaking and understanding the language of finance are essential skills for executives and managers throughout the organisation; smart business decisions depend on this basic knowledge. Without a clear understanding of financial analysis and management, you lack credibility with finance managers and business leaders.

And every organization has core competencies that are guarded by its finance team, making the finance officer the guardian of the organization’s purpose. Financial management is a process that involves knowledge of balance sheets, analysis of cost centers and expenses of the organization. This course helps the candidate to understand the role of a finance manager, how to minimize cost and maximize profit. It is a course that should be taken by a candidate who wants to pursue a career in financial services and develop their knowledge and skills in this area.

This course introduces the candidate to the concepts and theories of corporate finance, which are the basis of the techniques offered as aids to understanding, evaluating and solving problems for financial managers. This course is designed to cover the basic building blocks of financial management, which are of particular concern to corporate managers, and all the considerations needed to make financial decisions both inside and outside of firms.

Key benefits

If you understand finance, you have the ability to create stronger strategies, expand your influence and make better business decisions. The Financial Management course provides the fundamentals of corporate finance that are essential for leaders in all functional areas.

The course provides a solid foundation in financial management by examining corporate finance from both an internal and external perspective. You will gain the skills and confidence to immediately apply financial analysis techniques, set realistic performance targets and reward incentives, and play a greater role in optimizing a company’s financial resources and strengthening its bottom line.

If you successfully complete the course, you should be able to:

Basic information:

  • 10 weeks
  • English
  • On-line
  • € 1000
  • Anytime

Library

Students have access to an online library with more than 10,000 professional publications, books and professional papers.

Testimonial

For whom the course is suitable

This course will be beneficial not only for finance managers looking to update their key skills in a broad strategic context, but also for all executives from a variety of functional areas, including operations, marketing, information technology, human resources, research and development, legal, and financial administration, who will only benefit from this valuable knowledge and skill set.

Analysis of financial data

You can demonstrate logical thinking as part of the decision-making process. Effective managers are able to assess all options and present a comprehensive and understandable analysis.

Financial management systems

You oversee activities or tasks and are able to work seamlessly with others. Successful financial managers have good relationships with individuals and motivate teams to perform calculations and analysis efficiently and accurately.

Revenue and expenditure

Financial managers must maintain accuracy when working with numbers. Because they oversee how and where the company spends its money and how and where it accumulates profits, financial managers must divide their attention among the many financial functions of the business.

What you will learn in the course

Applying strategic financial insight

In this course, you will learn to make informed strategic capital structure decisions, use capital markets to achieve the most profitable results, balance profit, growth and control in a dynamic environment, and implement restructuring strategies. Not to be left out are the financial reports, which you will learn not only to understand, but also to draw implications and expectations from them, which will help you make other important financial decisions.

Optimal management and control systems

Managing a business means managing its financial resources regardless of your job title. Your ability to make smart decisions on projects depends on your understanding of timelines and cash flow calculations to track cash flows and payments, the value of securities and investments, and how to determine overall cost effectiveness. To do this, you need a good understanding of a range of financial concepts. This course will introduce you to these concepts, and you will leave with the tools to ensure that your company has the best chance of project success by managing its financial resources wisely.

Corporate finance and its management

This section describes the theory and practice of corporate finance. The aim is to provide a conceptual foundation and provide a framework for corporate investment and financing decisions. The content will be very useful for aspiring investment analysts, financial managers, corporate finance professionals and future CFOs. The course deals with understanding the major financial decisions faced by corporate managers and what corporate finance professionals do and why. We will combine theory with practice to ultimately understand what corporate finance professionals should be doing to increase company value and shareholder wealth. Key topics include time value of money and interest rates, project and company valuation, project analysis, capital budgeting, capital structure decisions, risk/return relationships, financial analysis, etc.

Capital investment decisions

The key to the financial success of any business is selecting the right projects to be delivered at the right time, at the right cost and with the right funding structure. Your role as a manager involves being involved in deciding which projects make sense for the company and are likely to make a profit. To do this, you need to understand concepts such as net present value, internal rate of return, payback period, discounted payback period, profitability index and equivalent annual cost. Non-financial managers need to know the workings of each of these concepts in order to offer valuable information and expertise, and you will learn this in this course.

Improving cooperation with colleagues at a higher level

Through this course, you will become a more effective leader through greater financial acumen. You will learn to communicate effectively about finance with leaders from all functional areas and engage in more productive discussions with finance professionals in your organization where you will be able to ask the right questions. At the same time, you'll learn tools and methods to problem-solve with non-finance colleagues and present information in a way that supports their decision-making.

Executive course tuition fee

If you are ready to take your career and personal life up a notch and want to get an education with an innovative and practical approach, don’t hesitate to apply!

Course tuition: € 1000

Payment can be made in one lump sum or spread over up to 3 interest-free instalments. A first instalment of € 400 is always required before the start of the course.

Tuition fees include all study materials and access to all seminars or online lectures organised by the European Institute of Finance & Management.

5% discount
If the student decides to pay for the course in one lump sum before the start of the course, a 5% discount will be applied additionally to the course price.

About the certificate

Upon successful completion of the course, you will receive a certificate of completion from the European Institute of Finance & Management, which will be valuable evidence that you have developed improved skills, knowledge and abilities in financial management. This course is accredited by the International Finance and Management Academy, an umbrella organisation for training courses in finance and management.

Throughout the course you will be continuously assessed in relation to the completion of several practical assignments. These assignments are always completed online and successful completion of these assignments is a requirement for completion of the full course. You must therefore complete all the assignments given to you as part of your studies in order to be issued with a certificate of successful completion. These assignments vary from course to course and are based on the difficulty of the course and the requirements of the course sponsors or lecturers.

The certificate will be issued in your legal name and will be sent to you on successful completion of the programme as per the requirements set out at the address you have provided on your course application form. The certificate has unlimited validity and can be used throughout your career.