PROGRAMME OVERVIEW
In today's dynamic and interconnected business environment, fluency in financial jargon is an indispensable asset for achieving success. As executives ascend the corporate hierarchy, it becomes imperative for them to cultivate a profound comprehension of the numerical underpinnings that drive organizational performance. This meticulously crafted programme is specifically tailored to decode complex financial concepts and foster a nuanced understanding of how these numerical dynamics permeate and influence various facets of corporate activities. A key highlight of this programme lies in equipping participants with the acumen to deftly decipher the informational essence embedded within financial statements and discern their intricate interplay with strategic managerial decisions. Throughout the programme, our focal point centers on contextualizing the content to ensure its utmost relevance within the participants' unique business environment. By the culmination of this comprehensive learning experience, participants will have acquired the competencies necessary to leverage financial information in a discerning manner, enabling them to effectively evaluate the ramifications of operational choices on the organization's bottom line. Moreover, this programme delves into the profound concept of shareholder value creation, unraveling its intricate linkages with astute managerial decision-making. We endeavor to provide participants with a comprehensive framework that elucidates how financial insights can be harnessed as powerful drivers of value within the organizational landscape.
IMPACT
1. Demonstrate a comprehensive understanding of financial statements, critically examining their components and interrelationships.
2. Assess the impact of financial metrics on business performance, enabling informed judgments and strategic decision-making.
3. Extract valuable insights from financial reports, analyzing liquidity, solvency, profitability, and turnover to assess a company's financial health and risks.
4. Explore how managerial decisions affect business profitability, identifying opportunities for optimization and risk management.
5. Enhance their analytical aptitude through case studies, applying financial concepts to realworld scenarios for sound decision-making.
6. Develop effective communication skills with finance executives, facilitating collaboration and clear articulation of ideas and recommendations
PARTICIPANT PROFILE
Designed for executives and senior executives from non-finance functions, including marketing, operations, technical, HR, legal, analytics, and IT. It is particularly suitable for those individuals who are eager to enhance their financial acumen, enabling them to make informed decisions and contribute effectively to overall business strategies. The programme also caters to managers, team leaders, entrepreneurs, and small business owners who are responsible for managing teams or departments and wish to gain a deeper understanding of the financial aspects related to their areas of responsibility. By aligning their decision-making with the financial goals of the organization, participants will be better equipped to drive success and achieve desired outcomes.
PROGRAMME CONTENT
Basic concepts of accounting, complete accounting cycle, preparation of statement of Profit and loss and Balance Sheet - Understanding and Interpreting Financial Statements – liquidity – Solvency – Profitability – Activity – Market efficiency- Du-Pont Analysis - Capital Budgeting and Financing - Working Capital Management - How to assess day-to-day efficiency – evaluation of investment projects - cost of capital - understanding strategic acquisitions -understand how stock markets responds to financial decisions – budget and budgetary control – GST and Its impact on business.
PROGRAMME PEDAGOGY
The programme pedagogy is designed to ensure a highly immersive and practical learning experience over a span of five intensive days. With a strong focus on application, participants will engage in a variety of interactive activities such as lecture sessions, group discussions, and case studies. This dynamic learning environment not only facilitates knowledge transfer from faculty and industry experts but also encourages peer-to-peer learning, allowing participants to gain valuable insights and perspectives from their fellow executives. Organizational sponsorship is essential
DURATION
The programme duration is 5 days from September 18 - 22, 2023, 15 hours of Online training.
PROGRAMME FEE
Fee: Rs. 18,000/- plus GST as applicable (presently 18%) per participant. The fee covers tuition and courseware (in electronic form). The fee will be credited into our Bank account before September 15,2023.
Note: Kindly forward us the details of Bank/Wire transfer of fee payment indicating the Programme Code (Prg/23 - 24/2/85) to poffice@asci.org.in for confirmation.
LAST DATE FOR NOMINATION
Please use the prescribed/attached form. Last date for receiving nominations is September 14, 2023. Kindly contact Programmes Officer for further details (contact details are given at the end of the nomination form).
LAST DATE FOR WITHDRAWAL
September 15, 2023. Any withdrawals after this date will entail forfeiture of fee paid.
ASCI ALUM NI ASSOCIATION
Participants of the College programmes will automatically become members of the ASCI alumni association.
CERTIFICATE OF PARTICIPATION
The College issues a Certificate of Participation on conclusion of the programme.
