About Our Finance for Non-Finance Professionals Course

Time Training Center’s 5-day, 30-hour Finance for Non-Finance Professionals Course equips you with the essential financial knowledge and practical skills needed to thrive in today’s fast-paced business environment. 

Understanding financial principles is no longer the exclusive domain of accountants and finance teams; managers and professionals across all functions must possess a solid grasp of financial concepts to make informed decisions, contribute to strategic discussions, and manage budgets effectively. This course is designed to demystify financial terminology, reporting, and analysis for professionals without a formal financial background, empowering them to interact confidently with financial data and collaborate effectively with finance departments.

The program provides a practical, hands-on overview of the core financial statements, budgeting methods, cost behavior, and capital investment evaluation. You will learn how to read and interpret financial reports, assess financial performance, prepare and manage budgets, and apply essential decision-making tools. Through real-world examples and interactive exercises, Finance for Non-Finance Professionals builds financial fluency, driving better decision-making, stronger cross-functional collaboration, and improved organizational performance. You will leave with the ability to connect daily business activities with financial outcomes, ensuring long-term financial sustainability for their organizations.

Finance for Non-Finance Professionals Course Objectives

Upon successful completion of this Finance for Non-Finance Professionals  course, participants will be able to:

• Define the four key financial statements balance sheet, income statement, cash flow statement, and statement of changes in equity as well as essential financial terms such as profit, margins, and leverage
• Interpret the financial condition and performance of a business unit or organization using basic financial metrics and analysis techniques
• Prepare an operating budget and connect financial planning to broader strategic objectives
• Apply capital budgeting methods to evaluate the financial viability of long-term investments and capital projects
• Utilize cost behavior analysis to calculate breakeven points and improve short-term decision-making processes

Who Should Attend Our Finance for Non-Finance Professionals Course?

This course is highly beneficial for professionals seeking to enhance their financial acumen and decision-making capabilities, including:

• Department Managers and Team Leaders involved in budget planning and control
• Engineers, Project Coordinators, and Technical Staff interfacing with finance teams
• Marketing, Sales, and Operations Professionals interpreting financial reports
• HR, Procurement, and Administrative Officers preparing or managing cost centers
• Entrepreneurs and Non-Finance Executives responsible for financial oversight

Finance for Non-Finance Professionals Course Training Methodology

We employ a comprehensive and applied learning strategy, integrating theory with real-world implementation:

• 30% Conceptual Learning: Expert-led sessions on catalytic theory and engineering principles
• 20% Interactive Workshops: Group exercises, presentations, and technical discussion forums
• 30% Case-Based Learning: Industry-specific examples and troubleshooting scenarios
• 20% Technology Integration: Digital tools, simulations, and catalyst modeling applications

Note: Instructors may adjust the training approach to fit technical requirements or participant engagement levels.

Finance for Non-Finance Professionals Course Instructor

Our courses are delivered by highly qualified instructors with extensive experience in both industry and academia. With decades of hands-on expertise across a wide range of technical disciplines, our instructors are dedicated to providing high-quality, impactful training that equips participants with practical knowledge and skills they can immediately apply. Full instructor profiles are available upon request.

Finance for Non-Finance Professionals Course Fees

The course fee includes the following:

• Course Materials: Comprehensive participant materials, including lecture notes, slides, and case study documents. (Tablet or IPAD)
• Coffee/Tea: Provided on arrival and during morning and afternoon breaks to keep participants refreshed.
• Buffet Lunch: Served daily to ensure participants have an opportunity to network and recharge during lunch breaks.

Finance for Non-Finance Professionals Course Outline

Module 1: The Key Financial Statements

• Pre-test assessment of existing knowledge
• Understanding the accounting cycle
• The five main accounts in financial statements
• Income statement: A tool for performance measurement
• Accrual basis versus cash basis
• Balance sheet
• Statement of owners’ equity
• Statement of cash flows
• Wrapping-up: The cycle of financial statements
• External and internal auditors’ responsibilities

Module 2: Analysis of Financial Statements

• Overview of the accounting system and financial reporting
• Why ratios are useful
• Horizontal and trend analysis
• Building blocks, analysis, and reading through the numbers:
  • Liquidity ratios: Ability to settle short-term dues
  • Solvency ratios: Ability to settle long-term dues
  • Activity ratios: Ability to manage assets efficiently
  • Profitability ratios
• Limitations of financial ratio analysis

Module 3: Working Capital Management

• Recognition and measurement of current tax
• Definition of working capital and working capital management
• Components of working capital
• Various working capital management strategies

Module 4: Operating Budget Processes and Techniques

• Using budgets as performance control tools
• The meaning of the operating budget
• Steps to budget development
• Master budget components
• Sales forecasting
• Approaches to budgeting:
  • Incremental budgeting
  • Zero-based budgeting
• Budgetary control and correction

Module 5: Capital Budgeting – The Investing Decisions

• Examples of decisions involving capital budgeting exercise
• Time value of money: A prerequisite for investing decisions
• The required rate of return for investments
• Examples of cash outflows for capital projects
• Examples of cash inflows for capital projects
• Net Present Value (NPV) calculation
• Internal Rate of Return (IRR)

Module 6: Cost Behavior Concepts and Breakeven Analysis

• Defining fixed costs
• Defining variable costs
• Contribution margin
• Computing breakeven point
• Sensitivity analysis: Changing assumptions

Module 7: Capstone and Assessment

• Review of Core Topics and Key Learnings
• Final Group Discussion and Q&A
• Post-Test Evaluation
• Certificate Presentation

Course Completion Certificate

Upon successfully completing the Finance for Non-Finance Professionals Course at Time Training Center, participants will receive an official Course Completion Certificate. This certificate recognizes their achievement in understanding key financial concepts, interpreting financial statements, and applying financial knowledge to make informed business decisions.