Financial Analysis for Non-Financial Managers
offered by INSEAD - France

Private University
1 Campus
Estd. 1957

Financial Analysis for Non-Financial Managers
at
INSEAD - France
Overview

Develop your understanding of the financial dimensions of business

Duration	5 weeks
Total fee	₹1.41 Lakh
Mode of learning	Online
Course Level	UG Certificate

Financial Analysis for Non-Financial Managers
at
INSEAD - France
Highlights

Earn a certificate of completion from Insead
Access the full expertise of INSEAD's world-class faculty
Get action learning project for practical exposure
Learn through dynamic and engaging methods, including videos, quizzes and role-plays

Financial Analysis for Non-Financial Managers
at
INSEAD - France
Course details

Skills you will learn

Valuation

Who should do this course?

For Decision makers within an organisation overseeing significant resources
For Mid- to senior-level executives without extensive training in accounting or finance
For From functional areas outside of Finance, including: Operations; Marketing; Research

What are the course deliverables?

Enhance your literacy of financial statements and terminology
Improve your understanding of how strategic decisions impact financial metrics
Gain insights into how revenues, costs and profits are allocated to products, customers and divisions
Learn methodologies of financial decision making based on rigorous

More about this course

This programme accelerates your understanding of the core financial dimensions of business
The programme empowers you with a robust valuation framework to make strategic decisions on future investments -and to assess the impact of past decisions you and your business have taken
The programme will explore decision-making frameworks within the firm, using evaluation tools to evaluate the impact and efficacy of different projects
It will take a deep dive into valuation at the firm level, getting to grips with new techniques and mechanisms to estimate the value of an enterprise
You will emerge from the programme with the understanding, the knowledge and the skills to make solid financial forecasts and better strategic decisions
You will build the expertise and the confidence to communicate your plans and results to both financial and nonfinancial audiences

Financial Analysis for Non-Financial Managers
at
INSEAD - France
Curriculum

Financial Acumen

What unique set of information does each one of these financial statements contain?

What information is still lacking?

How are these financial statements connected to each other, and how can you exploit these connections to make better decisions?

How do you use the financial statements to evaluate the success or failure of past strategic decisions?

Drivers of Financial Decision Making

How do you link financial and non-financial performance measures to your project's or overall organisation's strategy and objectives?

Why is it vital to include opportunity costs and exclude sunk costs in value-based decision making?

How can you develop a method for identifying relevant information for every type of organizational decision?

What are the trade-offs of using performance measures to explicitly incentivize employees?

Valuation Framework

Why is the metric Return on Invested Capital (ROIC) important?

How can we use ROIC to evaluate productivity?

How does ROIC relate to free cash flow and valuation?

What are the preferred methods we can use to make strategic decisions based on forecasts of ROIC and value?

Financial Analysis for Non-Financial Managers
at
INSEAD - France
Faculty details

Daniel A. Bens, Programme Director

Daniel Bens is an Associate Professor of Accounting and Control at INSEAD, which he joined in August 2012. He has served as Area Chair for the department since 2015. He was a member of the University of Arizona faculty from 2005 to 2012, serving as Associate Dean of MBA programs for the last three years. Daniel was on faculty at the University of Chicago Booth School of Business from 1999 to 2005.

Gavin Cassar, Professor of Accounting and Control

Gavin Cassar is a Professor of Accounting and Control at INSEAD. Before joining INSEAD he was a member of The Wharton School, University of Pennsylvania faculty and is currently the Research Director of the INSEAD-Wharton Alliance. Gavin received his PhD in Business Administration from the University of California at Berkeley and his Bachelor of Commerce (with First Class Honours) from the University of Newcastle, Australia.

Steven Monahan

Steve Monahan is an Associate Professor of Accounting and Control at INSEAD. Prior to joining INSEAD in September 2003, he was a member of the University of Chicago faculty. He received his PhD in Accounting from the Kenan-Flagler Business School at the University of North Carolina, a Masters of Accounting from the University of Iowa, and a BA in Economics from the University of Northern Iowa.