Understanding financial concepts is no longer exclusive to finance professionals—modern business leaders across all departments must possess a strong grasp of financial principles to make informed decisions. Dubai Premier Centre (DPC) offers the Building Financial Acumen for Non-Financial Managers course to bridge this knowledge gap, equipping managers with essential financial skills required for strategic and operational decision-making.
This financial acumen training is designed for professionals without a formal finance background who need to interpret financial statements, manage budgets, and contribute effectively to their organisation’s financial health. By demystifying financial jargon and breaking down key financial concepts, this course helps participants develop the confidence to engage in financial discussions and contribute to profitability and cost efficiency.
With an emphasis on financial literacy for managers, this training provides practical insights into budgeting, forecasting, cash flow management, and financial decision-making for managers. Participants will gain a strong foundation in evaluating financial reports, assessing risks, and applying financial metrics to support business objectives.
Objectives and Target Group
- Develop a solid understanding of finance for non-financial professionals, focusing on financial statements, cash flow, and budgeting.
- Enhance managerial decision-making by incorporating key financial principles and performance indicators.
- Strengthen skills in financial analysis for non-financial managers, enabling participants to assess business health and identify growth opportunities.
- Improve the ability to interpret and utilise financial reporting for managers to drive better business outcomes.
- Foster confidence in financial discussions, enabling managers to contribute effectively to strategic and operational planning.
Target Audience
- Mid-to-senior level professionals responsible for budgeting, cost control, or resource allocation without a formal finance background.
- Business leaders, department heads, and project managers who require financial literacy for managers to enhance decision-making and financial contribution.
- Entrepreneurs and professionals from non-financial disciplines who need financial education for managers to improve their financial skills for business growth.
- HR, marketing, sales, and operations managers who interact with financial data and need to understand financial planning for non-financial managers.
- Consultants and analysts looking to refine their financial acumen training and improve their ability to evaluate financial performance effectively.
Course Content
- Fundamentals of Financial Literacy for Managers
- Introduction to key financial concepts, terminology, and principles essential for business decision-making.
- Understanding the role of financial management training in business success and how financial acumen impacts organisational growth.
- Overview of financial statements—balance sheets, income statements, and cash flow statements—and their importance in business evaluation.
- Financial Analysis for Non-Financial Managers
- Breaking down financial statements to assess business performance and financial stability.
- Key financial ratios and their interpretation—profitability, liquidity, and efficiency ratios.
- Analysing cost structures and revenue streams to identify efficiency improvements and growth potential.
- Financial Planning for Non-Financial Managers
- Understanding budgeting, forecasting, and financial planning techniques to support organisational goals.
- Evaluating investment opportunities and capital expenditure decisions using financial metrics.
- The role of risk assessment in financial planning and how to integrate financial analysis into strategic decision-making.
- Financial Decision-Making for Managers
- How to use financial data to make informed business decisions that align with corporate objectives.
- Practical techniques for managing costs, improving cash flow, and optimising resource allocation.
- Using financial insights to assess the impact of business strategies on profitability and long-term sustainability.
- Financial Reporting for Managers: Understanding and Interpretation
- The significance of financial reports in assessing business performance and making data-driven decisions.
- How to interpret key financial statements and extract actionable insights.
- Understanding compliance, regulatory requirements, and financial best practices in corporate governance.
- Budgeting and Cost Control for Non-Financial Professionals
- Techniques for effective budgeting, cost management, and resource allocation.
- Strategies for identifying cost-saving opportunities without compromising business operations.
- How to monitor financial performance and adjust budgets to maintain financial health.
- Cash Flow Management and Business Sustainability
- Importance of cash flow in business operations and strategies for improving liquidity.
- Analysing working capital and ensuring financial stability through effective cash flow planning.
- Practical case studies on cash flow challenges and solutions in various industries.
- Building Financial Confidence and Communicating with Finance Teams
- How to engage effectively in financial discussions and collaborate with finance professionals.
- Understanding financial presentations and reports to make data-backed recommendations.
- Developing confidence in presenting financial insights to senior management and stakeholders.