Finance for Non-Financial Managers
As responsible business managers you have to make investment decisions on a regular basis and evaluate the financial and strategic outcomes of these decisions.
Finance for Non-Financial Managers provides a critical understanding of the key theoretical principles for effective financial decision making in a corporate enterprise and develops a practical understanding of the use of financial theory in business and financial markets.
- What is it?
Over the two days the course will relate theory to current corporate business practice and will help to enable you to confidently use, interpret, and manipulate financial formulas and numerical data. It provides a basis for further study of more specialist topics in finance.
The programme is facilitated by Dr Iain Clacher. Iain is an Associate Professor in Accounting and Finance at Leeds University Business School; he is the head of pension research at the Institute of Banking and Investment and the joint director of the Centre for Advanced Studies in Finance.
His main research interests focus on pensions and retirement saving decisions, pension investment and infrastructure, trustee governance, and sustainable pension system design. In addition, Iain's other research covers a wide number of areas including financial accounting, governance, auditing, corporate finance, ethics, auctions, and market efficiency. He has published papers in internationally ranked journals covering issues such as; institutional economics, accounting, ethics, pension management, fund performance, and sovereign wealth.
Iain is a regular speaker at a wide range of national and international forums, his has been widely reported in the press, and he is a regular commentator in the media on a wide range of economic and business issues.
In addition to his academic activities Iain holds a number of external appointments including involvement in a number of working parties for the UK Actuarial Profession, and he is currently the co-chair of the Profession's cross-practice working party on behavioural economics for actuaries. Iain also works as a consultant and has worked with a range of organisations including; FTSE 100 Companies, The CERN Pension Fund, The City of London Corporation, The Work Foundation and The National Association of Pension Funds.
- Who should attend?
The course is designed for managers from all sectors who wish to develop their financial understanding from a zero knowledge base to a full understanding of current theory and real world examples.
- What are the benefits?
By the end of this two day course delegates will have:
- Gained the confidence to critically challenge internal investment proposals
- An overview of the main concepts and ideas around corporate finance
- Recognised the importance of time value on long term projects
- Learnt how to calculate a firms Weighted Average Cost of Capital (WACC)
- Developed a greater awareness of Capital Budgeting.
- Day 1
- Corporate Financial Objectives
- Agency Theory
- Time Value of Money
- Models of Project Appraisal
- Day 2
- Capital Investment Decisions
- Capital Budgeting
- The Cost of Capital
- The Capital Structure Decisions
For further information please contact Vikki Moyles, Business Development Officer, Executive Education
Tel: +44 (0)113 344 3911