Accountancy & Finance is the language of business and those who do not understand it are significantly disadvantaged. In reality business finance has a few key concepts wrapped up in technical jargon which, without too much effort, the basics can be mastered. However, for those unfamiliar, the whole world of finance can be incredibly daunting. So if you haven’t been trained to prepare a budget, read financial statements, analyze figures, cut costs, etc, then this course is just for you.
Every manager needs to understand finance if they are to play an active role in helping their organization achieve its objectives. However, not every manager needs the same level of skill and understanding as specialist financial managers. A good knowledge of the key concepts of prudent financial management as modern financial accounting should equip all managers with the knowledge they require.
Don’t be confused by financial jargon and take the opportunity to improve your knowledge as well as your overall performance as a manager!
What the Finance for Non-Financial Managers qualification is all about
All managers need to understand finance if they are to play an active role in helping their organisation achieve its objectives. Not all managers need the same level of skill and understanding as specialist financial managers, but a good knowledge of the key concepts of prudent financial management – such as modern financial accounting – should equipped non-financial managers with the knowledge they require.
This new qualification is designed to provide both employers and employees with independent verification of the financial knowledge of managers who do not directly work within a finance role.
What happens when a candidate achieves the Non-Financial Managers Qualification
On being awarded the qualification, you will receive a certificate from the Chartered Management Institute to recognise your achievement in passing module O43 of their Diploma in Management. Not only will this be proof of employers of your understanding of financial management, it will also constitute exemption for this unit should you decide to continue your development and take the full diploma.
What the structure of the Non-Financial Managers exam is
The examination is based on the Chartered Management Institute’s syllabus and as APMG are a Chartered Management Institute approved centre acknowledged by them, all those who are successful candidates will receive a certificate from the Chartered Management Institute.
One hour multiple choice exam
Candidates will need to achieve 18 out of 25 to pass.
Below is the general course outline of our Financial Management training program. Every course contains classes where the delegates take mock exams and examine practical case studies.
Every course also features a Longhall Consulting Business Productivity Tool (BPT), which though not part of the course instruction required for examination, they are however usefull as they arm our clients with tools that will not only make them better managers but also improve the quality of their ouput in the work place.
LONGHALL CONSULTING FINANCIAL MANAGEMENT GENERAL COURSE OUTLINE
Introduction to Financial Management
Understanding Financial Statements
Financial External Factors
Calculations to Support a Cost-Benefit Analysis
Methods of Financial Forecasting
Fundamentals of Credit Risk Management
Longhall Consulting Business Productivity Tool (BPT): Balanced Scorecard