Finance for Non-financial Managers
About This Course
Managers, even those that are not in Finance related roles, have to understand financial data as part of their job roles. In a survey by Cambridge University, only 40% of Singaporeans are found to be financially literate. A lack of financial literacy will hamper the decision-making abilities of managers and hinder their job progression. The competencies in this course will enable learners to demystifying finance jargons, covering key concepts like common financial terms, cash flow vs profit, capital budgeting, financial ratios, and basic corporate finance tools. Learners will acquire competencies to calculate key ratios and read and interpret financial statements to boost their decision-making abilities, make strategic planning, workplace performance. Learners will also enhance their ability to communicate effectively with their finance colleagues. This is relevant to all sectors of the economy has understanding financial information is a necessary skill for operational managers. Learners will benefit from this course as financial literacy is often a prerequisite for anyone aiming to advance to senior roles such as General Managers, Directors and C-suite level positions such as CEO, COO, etc.)
This course is an intermediate level course targeted at PMET professionals without a financial background.
What You'll Learn
The outline for this course is:
• LU1: Introduction to Business Finance
• LU2: Understanding Financial Statements
• LU3: Financial Ratio Analysis
• LU4: Applying Financial Insights to Business Strategy
Entry Requirements
Learners are expected to have a minimum of:
• Able to read, write, speak and listen to English at WSQ WPL level 5
• Able to operate a computer
• Able to use Excel
• Have basic knowledge in using Generative AI tools