Finance for Non - Finance Executives

Start Date:2013-04-11
End Date:2013-04-13
Event Type:Management Development Programme
Location:IIM Raipur

This program is designed for managers, senior executives in non - financial positions who need to improve their financial skills in order to make critical business decisions involving cost - savings, budgets, new projects and growth strategies.
This program is appropriate for non - financial managers in every functional area, in all industries, in both public and private sectors.

Event Details:

The program on Finance for Non-Finance can be instrumental to enhance the profile of operating managers as finance cuts across all levels and types of business. In other words knowledge of ‘Finance’ becomes important as it exerts unifying influence over process that aims attainment of towards company’s goal. The program provides the managers with a comprehensive working knowledge of critical financial principles in an easy to follow manner, so that knowledge gained will help them make better decisions in their organisation.

Deciphering financial jargon and developing the ability to see the real business implications of numbers is a key outcome of this program.
The objective of the program is to enable managers
•To enhance their role as decision maker and understand the implications of finance on corporate activities.
•To understand financial statements and analyse them.
•To put them in a better position to converse the relevant financial issues with finance managers in their organisation.

Program Coverage:
The following broad topics will be covered during the program:

1. Understanding and Analysis of Financial Statements

  • Balance Sheet
  • Profit and Loss Statement
  • Cash Flow Statement
  • Use of Financial Ratios as Key indicators

2. Cost information for Problem Solving and Decision-Making

  • Types of Costs
  • Understanding of Cost Behaviour
  • Break-Even Level of Operations
  • Using Cost information for Decision Making
  • Budgeting
  • Flexible Budgets and Variance Analysis

3. Evaluation of Investment Projects

  • Time Value of Money
  • Capital Budgeting
  • Working Capital Management
  • Risk Management

4. Contemporary Topics in Finance

Registration Fee:
Rs. 25,000 per participant. This includes Single room accommodation at a Hotel in Raipur, academic fees,program kit for participants, breakfast, lunch, dinner and local transport from Hotel to Institute. Payment can be made either by NEFT or through a crossed demand draft in favour of “Indian Institute of Management, Raipur”.
The Bank Details are :
1. Bank Name : Union Bank of India
2. Branch Name : Priyadarshini Nagar, Raipur
3. A/C No. : 612702010001733
4. IFSC Code : UBIN0561274
Please send the Registration form duly filled in along with NEFT or demand draft detailsto Ms. Ravishaw Bhatia (MDP-Cordinator) at IIM, Raipur by Post. Alternatively, soft copy of the Registration form (can be downloaded from the Institute Website ( ) can be mailed to (Kindly note that 12.36% Service Tax is applicable in addition to the fee. Please note that the Programme Fee should be received at the MDP Office before the Programme Commencement Date).
Last Date: The last date of receipt of nominations for the programme is April 5, 2013 and the last date of withdrawal is April 8, 2013.Withdrawal received after this date will be subject to deduction as per the Institute’s rules. Participants are advised to await confirmation of acceptance before making their travel Plan.
For any additional information, please write or e-mail to
Ms. Ravishaw Bhatia(Co-ordinator-MDP)
Indian Institute of Management
GEC Campus, Sejbahar, Raipur-492015
Tel :91-771-2772422/ 2772111