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Finance for Non-Finance Executives

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Duration: 3 days
Timings: 10 AM – 5.30 PM
Dates: June 21 – 23, 2023
Programme Director: Prof. Vandana Bhama, Prof. Gaurav Gupta & Industry Expert
Mode: Hybrid
Fees: Online: Rs 12,000 + GST@18%
Classroom: Rs 24,000 + GST@18%
Residential: Rs 39,000 + GST@18%

Programme Introduction:

This programme is about financial prudence-about knowing what the number really means in business. It is specially designed for the business executives who need to understand what is happening in their respective organizations from a financial and decision making perspective. It provides the financial knowledge functional managers require in running the business efficiently and effectively.

Programme objectives:

  • Giving an insight into the fundamentals of accounting and finance
  • To facilitate the participants in grasping the finance jargons and understand the meaning and relevance and its application in their day to day working.
  • Developing capabilities for using financial prudence in making day to day operational decisions
  • To enable the participants to have a thorough understanding and analysis of the important financial statements of a company such as profit and loss account, balance sheet and cash flow
  • To inspire the participants to imbibe a thorough understanding of how their decisions impact the top and bottom line of their organization and thereby their departments.
  • To help participants in identifying value implications of decision alternatives and help them in making decisions

Programme Contents:

  • Relevance of financial prudence for functional managers
  • Basic concepts of financial and management accounting
  • Understanding basics of financial statements in general and through latest annual report of a listed company in particular: Balance sheet basics, Income statement and Cash flow statement basics
  • Role of company’s cash flows and profitability
  • Financial ratio analysis
  • Fundamentals of costing and capital budgeting, from decision making perspective
  • Interpretation of economic and financial news
  • Working capital management
  • Financial markets and financial instruments

Programme Methodology:

The course uses participative discussion, cases and practical assignments to achieve the learning objective. Participants are encouraged to share their experience which they have faced within finance domain.

Target Organizations:

This is a “fundamental” programme specially designed for:

  • Junior and Middle Level Managers of any functional area
  • Heads of Divisions / Functions and Owner Managers/ any Executives.
  • Managers who wish to update their knowledge on basics of Finance and Accounts.

Programme Director's:

Prof.Vandana is working as an assistant professor in the area of finance & accounting at FORE School of Management. She is an alumni of IIT Delhi. She has published her research work in some leading journals like International Journal of Managerial Finance (Emerald), IIMB Management Review (Elsevier), Journal of Emerging Market Finance (Sage), Asian Journal of Business and Accounting, MDI’s Vision and IUP Journal of Applied Finance. She has also presented her research work in international and national conferences. A few named are Economics and Finance Conference, London, UK and Fourth India Finance Conference, IIM Bangalore. She has attended MDP on ‘Executive Development Program on Applied Financial Risk Management’ from IIM Kashipur and another online program on Equity Valuation and Financial Modelling. She has been awarded scholarships and certificates for securing high positions in her academic background.

Prof. Gaurav Gupta has completed his PhD in finance from the Department of Humanities and Social Sciences, Indian Institute of Technology Kharagpur, India. He has worked as an Assistant Professor of Finance and Accounting at VIT, Vellore for two years. He has received financial assistance from IIT Kharagpur to travel abroad to present research papers at the International Conference. He has qualified National Eligibility Test (NET) and was rewarded a Junior Research Fellowship (JRF) from UGC. He is actively exploring the area of Finance and Accounting and has published research papers in national and international journals.

Corporate Group Discount:

One complimentary nomination for every group of three nominations from the same organization, i.e., 3+1 participants for the fee of 3 participants.

For registration/enquiries , please mail to or call at +91 9166085159/+91 9810875278/+ 91-11-46485562 /41242477

Executive Education/MDPs

FORE School of Management has been designing, developing and conducting innovative Executive Education (EE)/ Management Development Programmes (MDPs) for working executives in India for over three decades.