Finance for Non-Financial managers

Solvay Brussels School
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Type

Mba programs

Register here to the next information session or event3-11 daysEnglish

Module 1: €2.100

Who is the programme aimed at?

Profile

This programme is designed for professionals of various types (top management, heads of SMEs and micro-businesses, managers and employees) from all sectors of the economy. It will enable you to improve your understanding of the impact your decisions will have on the financial health of your professional activity, project or company, and simultaneously raise your efficiency as a manager.

Key admissions criteria

  • Proof of motivation and a professional need to take the programme
  • English proficiency (language certificate or proof of studies/work experience in English)
  • Master the basics of Excel

A full grasp of accounting and financial operations

The programme will help you to hone your ability to take decisions by incorporating theories of financial planning. In addition, during the project assessment phase, you will learn to identify and manage risks as well as understand their potential ramifications for financial performance.

Complete command of financial language and concepts

The FNF programme provides the perfect way to raise your communication skills with the finance heads of your organisation, enabling you to identify more rapidly the key financial investment issues to be tackled. 

Financial assessment of a project and company

You will learn to incorporate your skill for identifying the components that help create value for a project based upon clear financial analysis, thereby enabling you to assess with greater accuracy projects or companies carrying such projects.

An understanding of financial stakes

The programme will enable you to develop a heightened sensitivity for budgets and financial indexes. You will also improve your understanding of the demands of managing financial targets and investment plans.

Managing financial tools

You will improve your command of financial tools and boost the financial health of your organisation by applying the best management and financial policy practices.

Active networking

The FNF programme will provide you with access to an active professional network that will also open doors to other sectors.

The choice is yours.

The Finance for Non-Finance Professionals enables you to take the modules of your choice. You can therefore customise your training in relation to your level of knowledge and requirements.

5 modules. 5 key stakes.

The Finance for Non-Finance Professionals programme is delivered over October-March and is split into 5 modules lasting 2-3 days each. The programme provides a blend of theory and practice, via case studies analysed individually and in a group set-up.

1

6-7-8 February 2020

24-25 April 2020

15-16 May 2020

12-13 June 2020

Content

  • The fiscal record, accounts and cash flow table
  • The working capital, working capital requirements and net liquidity balance
  • Critical analysis of commonly-used ratios

Financial planning and cash-flow statements

  • Assessing cash flow statements

Conducting financial analysis

  • Why may a profitable project from an accounting perspective be cost-ineffective from a financial perspective?

 

Objectives 

Understand, analyse and appreciate the value created by a project deploying the maximum amount of available information, regarding the investments to be made.

 Content

  • Understand the basis of valuation of financial assets, projects and companies
  • Understanding investment decision rules and criteria (payback, internal rate of return, net present value etc.)
  • Understanding and avoiding traditional investment decision mistakes
  • Selecting among different financing proposals: how best to use investment decision rules and criteria
  • Choosing among different project opportunities when faced with constraints on financial resources
  • Understanding what your minimum return should be, either for your company projects or personal investment.

Content

  • Evaluating the financing requirements and impact of a financing structure
  • Understanding and valuating the fiscal benefits of various types of financing
  • Developing your awareness of typical mistakes made during company valuation
  • Explore decision-making, especially within the contexts of investment, product portfolio outsourcing and price setting.
  • Review the tools generally made available to managers by their finance department.

Content

  • Analysing the impact on costs of increasing or decreasing activity levels
  • Estimating the value contribution of a product
  • Evaluating how customer behaviour can turn profitable products into loss-makers
  • Analysing the tools used to adequately price products and services
  • Handling and differentiating between management control and budgeting procedures

Objective

A bird's eye view of the main aspects of risk management that enables decision-makers to become cognizant of its benefits to their organisation.

Content

  • Understanding the scope of risk management
  • Identifying the main sources, impacts and levels of risk
  • Becoming familiar with fundamental tools for risk management

Risk management within a company

  • Risk management as a choice (appetite for risk)
  • Risk management as an integral part of running the business (risk governance):

                 - Identifying the key benefits of appropriate risk management in your company                 - Identifying the roles and responsibilities of every person inside the organisation from the risk management perspective

  • Risk management as a state of mind (risk culture)

A unique approach

End-of-year certification process

Participants who have taken the entire programme have the chance to carry out an end-of-year work project in finance plan format and therefore to be awarded the Certificat d’Executive Education en Finance pour Non-Financiers. This case study will enable you to apply the knowledge acquired during the training programme and is backed up by a business plan.

Participants.

The programme is delivered in a highly interactive fashion via a very dynamic teaching style where you truly feel that you are at the real centre of a concrete and pragmatic learning experience. Light is shed upon often the most complicated economic and financial theories. As a result, I have learned to distinguish between finance accounting and incorporating the time variable into my way of doing business. I am now better prepared than I have ever been to take investment-related decisions.

The FNF programme offers the perfect balance between the theoretical concepts of finance and a pragmatic and useful approach to learning and applying them. The majority of the components presented during the training are quick and ready to use, which represents an additional and immediate professional plus to the programme.

In today's increasingly competitive economic environment, it has become imperative to make the right financial choices. I was looking for advanced, structured training that would enable me to have a clear understanding of the latest financial tools as used and recommended by the experts. I've found it!

Corine Buffoni

Class of 2016

The programme is delivered in a highly interactive fashion via a very dynamic teaching style where you truly feel that you are at the real centre of a concrete and pragmatic learning experience. Light is shed upon often the most complicated economic and financial theories. As a result, I have learned to distinguish between finance accounting and incorporating the time variable into my way of doing business. I am now better prepared than I have ever been to take investment-related decisions.

Christophe DUPUIS

Class of 2016

The FNF programme offers the perfect balance between the theoretical concepts of finance and a pragmatic and useful approach to learning and applying them. The majority of the components presented during the training are quick and ready to use, which represents an additional and immediate professional plus to the programme.

John André

Class of 2016

In today's increasingly competitive economic environment, it has become imperative to make the right financial choices. I was looking for advanced, structured training that would enable me to have a clear understanding of the latest financial tools as used and recommended by the experts. I've found it!

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Lecturers

Academic director and associate professor of finance, managing director of SAGORA

Academic Director

Lecturer

CFO - Group Director of Finance, ICT & Legal Affairs & Associate Professor of Finance

Lecturer

Associate Professor and Management Consultant

Lecturer

Lecturer

Lecturer

CFO - Group Director of Finance, ICT & Legal Affairs & Associate Professor of Finance

Lecturer

Academic director and associate professor of finance, managing director of SAGORA

Academic Director

Mathias Schmit

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About us

Established in 1903, Solvay Brussels School of Economics & Management is a Faculty of the Université libre de Bruxelles. It currently holds a leading position in Europe for research and education in the fi elds of Economics and Management. The school‘s core mission is to train business leaders and entrepreneurs with the ability to adapt to the ever-changing nature of Society and to shape tomorrow’s world.

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Posted on

Type

Mba programs

Belgium