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  •  ONLINE SHORT COURSE
  •  4 WEEKS (4-5HRS/WK)
  •  $5,500
  •   NOV 2024 | APR, AUG 2025
  •  START: 
Finance for Non-Financial Managers
Course Description

Acquire an in-depth financial skillset to make educated and strategic business decisions.

QUICK FACTS
  •  ONLINE SHORT COURSE
  •  4 WEEKS (4-5HRS/WK)
  •  $5,500
  •   NOV 2024 | APR, AUG 2025
  •  START: 
Finance for Non-Financial Managers
Course Description

Acquire an in-depth financial skillset to make educated and strategic business decisions.

Develop your financial skillset to make better-informed, strategic business decisions

Improve your ability and confidence to use financial data to make better-informed decisions – even if you’re not used to numbers.

Our Finance for Non-Financial Managers short course is fully online and designed specifically for mid-to-senior level managers with little to no financial training who want to improve their knowledge of accounting and money management.

Through an engaging combination of practical examples, humour and real-life experiences, you’ll enhance your ability to analyse and evaluate financial information while learning the ropes of evaluating investment proposals, understanding financial reports, budgeting and costing.

Introduction to the course

Specifically designed for mid-to-senior level managers, who have little to no financial training and want to demystify financial data and improve their knowledge of accounting and money management.

Henry Botha
Program Director, Finance for Non-Financial Managers short course

Who should enrol

Professionals and Business Leaders

Seeking to improve their knowledge of accounting and financial management.

Executives

Seeking to improve their knowledge of accounting, financial management and preparation of business proposals.

Why study the Finance for Non-Financial Managers short course?

Gain a fundamental understanding of your business's financial activity 

  • Develop an understanding of financial terms and concepts  
  • Apply learnings to understand the role finance plays in your current role/industry  
  • Understand how to articulate the fundamentals of your business' finances

Identify and implement the key metrics of successful financial performance

  • Practical application of reporting and proposals  
  • Interpret financial reports and deliberate on performance  
  • Develop the skills to diagnose potential challenges and recognise opportunities for the successful design and implementation of financial budgets  

Measure and maintain financial performance effectiveness and efficiency

  • Gain an understanding of what metrics to use and when in order to identify financial efficiencies and inefficiencies 
  • Learn how to evaluate financial performance, conduct ratio-analysis and identify and assess the financial performance of your company

What you will study

Finance for Non-Financial Managers Key Takeaways

  • Gain an understanding of how accounting systems work.
  • Read and interpret a profit and loss accounts, balance sheets and statements of cash flow.
  • Learn how to conduct ratio analysis and identify which measures suit your organisation.
  • Determine whether your organisation is performing well or needs improvement.

Learn about cash flows and strategies to improve and manage cash flow.

Quickly read, interpret and analyse an organisation’s annual reports.

  • Understand how to prepare budgets and conduct cash flow analysis to make capital investment decisions.
  • Demystify discounted cash flows including IRR, NPV and WACC.

My conversations now have improved a lot more with customer execs. I can speak in their language. If you're talking to other financially literate people, the quality of your conversations will improve.

Nick Shah
VMware, Director - Networking and Adv Security Sales, ANZ

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Nick Shah

Frequently asked questions

Live sessions are an important and valuable part of the Melbourne Business School Online learning experience. Whatever the form of the live session, whether a lecture, a panel discussion with experts, working through relevant case studies, or receiving a practical demonstration of a tool, each live session is purpose built, interactive and highly beneficial to attend live.

We want everyone to be able to participate in our learning community, even if you can't make it to the live sessions. That's why we record all our sessions and make them available to watch later.

 

Please be aware:

1. dates and times may be subject to change

2. times given are local Melbourne time. 

 

The current scheduled live session are as follows:

  • Monday 11 November: 6.00pm-7.30pm
  • Thursday 14 November: 6.00pm-7.30pm
  • Monday 18 November: 6.00pm-7.30pm
  • Thursday 21 November: 6.00pm-7.30pm
  • Monday 25 November: 6.00pm-7.30pm
  • Thursday 28 November: 6.00pm-7.30pm
  • Monday 2 December: 6.00pm-7.30pm
  • Thursday 5 December: 6.00pm-7.30pm

No, there will be no pre-course work requirements. There will be an orientation module in the first week of the course, which we strongly recommend you work through to set yourself up for success in the program.

Every short course will start with an orientation module that opens at 3pm (local Melbourne time) on the Thursday prior to Monday’s official course start date.

Melbourne Business School Online will release the first module of the course at 9am (local Melbourne time) on Monday of the course start.

Melbourne Business School Online will accept enrolments up until 12pm mid-day (local Melbourne time) on the Monday (start date).

Melbourne Business School is jointly owned by the business community and the University of Melbourne. Melbourne Business School is the approved provider of a range of University of Melbourne degree programs. This short course is not delivered on behalf of, or by, the University of Melbourne, and does not provide credit towards a University of Melbourne degree program.

No, there will not be an assessment for this course.

This program is designed to help you build your capability and confidence in using financial data and to make more-informed decisions. We aim to demystify finance in an accessible and relatable way, giving you a foundation to lead and manage your organisation with confidence.

Upon successful completion you will receive a Melbourne Business School Certificate of Completion. Your certificate takes the form of a shareable digital badge. This provides you the opportunity to showcase to the world your newly acquired skills and serves as a digital record of your achievement.

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