Finance For Non-Finance Managers

In today’s business environment, professionals need a practical, working knowledge of corporate finance to make sound business decisions.

The Finance for Non-Finance Managers program is specifically designed for business owners and professionals with little or no accounting/financial or technical knowledge who need to understand the fundamentals of financial management and the tools and techniques used to make financial decisions in the corporate context.

The program is specifically built to develop professionals’ ability to read and analyze financial statements and differentiate between the costs that could affect decision-making. It will help them prepare budgets and forecasts for operations and develop models that answer short-run 'what-if' questions.

• Understand the fundamentals of corporate finance and financial accounting 
• Explain the different types of financial accounts
• Classify the main areas of financial ratio analysis
• Identify the main variables affecting the cost structures in the corporate contextual framework
• Recognize the difference between fixed and variable costs, and the impact of volume on costing and pricing calculations
• Demonstrate the underlying duality of risk and required return
• Recognize the different financing options and their relevant risks and costs
• Discuss the role of financial planning in enhancing business efficiency
• Develop organizational plans to derive growth based on reliable and valid financial tools and techniques
• Enhance financial knowledge to build a coherent culture aiming to achieve financial objectives

This program is designed for senior managers and unit directors from non-finance-based functions, such as engineering, marketing, sales, planning, design, logistics, manufacturing, and IT. Participants should have at least five years of work experience.

Deciphering the Language of Money

• Main pillars of financial accounting
• Finance, objectives, and framework, the wealth creation concept
• Financial statement analysis and framework
• Types of costs and their impact on risk and return

Business Growth and Implementation Mechanism

• The financial budgeting preparation process
• Decision-making using financial fundamentals and frameworks
• Business implementation plan using financial objectives

Admission Criteria

• A bachelor’s degree
• A minimum of three years of work experience
• Proficiency in written and spoken English

Admission Process

• Prepare Clear, Scanned Copies of the Following Documents (in PDF format):
  • Original Bachelor’s Degree Certificate
  • National Identification Card (ID) or Passport
  • Proof of payment for a non-refundable application fee of LE 550. Please note that your application will not be processed without this proof of payment.
  • Transfer Details: You may use Instapay or e-banking for the transfer.
  • Bank Account Number: 100019246129 (Commercial International Bank - CIB).
  • SWIFT CODE: CIBEEGCX005 
  • IBAN: EG600010000500000100005266372
• Fill in and submit the application form, making sure to upload the required PDF documents as outlined above during the application process.
• The Admissions Committee will review your application and may contact you if additional information is required. An interview may also be conducted to assess how well your goals align with the program's objectives.
• Upon acceptance into the program, you will receive an email detailing the steps for online payment. Registration will be confirmed on a first-come, first-served basis, depending on payment receipt and availability.
• After completing your payment and subject to class availability, you will receive an email with your login credentials for the learning platform. This will allow you to access the program details as soon as they become available. Otherwise, you will receive an email informing you of either being transferred to a new cohort or the unavailability of space for the current intake. 
• A Program Welcome Note will be sent to you 4-6 days prior to the program start date.

For any inquiries regarding the application process, contact us on 15592 or by email.