IIM JAMMU

Finance for Non-Finance Professionals

Introduction

The program is specifically tailored to provide first-generation entrepreneurs and professionals from functional decision-making areas (e.g., human resources, operations, sales, and production) with a comprehensive understanding of fundamental financial accounting and financial management principles in a simple and easy way. This course will help the participants to make critical corporate decisions by embedding financial concepts. The program is not only useful for corporate or professional decisions but also helps to make personal financial decisions and retirement planning. The program is a complete package of different financial concepts and applications that lead you to prosper in your professional career and personal growth. Without prior exposure to financial accounting or any financial subjects, this course will help you to gain a good grasp on the finance subject.

Course Objectives

The program will help participants develop the core financial knowledge and help them to understand the financial statements. They will learn the basics of accounting and finance. After successfully completing the program, participants can read and interpret the financial statements, understand the source of financing, investment planning and evaluate the investment proposals, working capital management, and so on. Additionally, the program will help them to make successful personal financial plannings.

Eligibility

Working professionals in any organizations and UG and PG students are allowed to participate in the program

Program Prerequisites

No specific prior knowledge is required

Target Segment/ Who Should Attend

  1. Functional heads (e.g., HR, Production, Operation, Sales, and so on.)
  2. Middle level managers or managers,
  3. Entrepreneurs and early career professionals,
  4. Students

Type of Certificate

Participation

Total No. of Hours

3 Days (18 Hours)

Fee

  1. Corporate Category Fee: ₹9000 plus GST per day
  2. Non-Corporate Category Fee: ₹10000 plus GST per day

Date

12/09/2024 to 14/09/2024

Mode

Offline

Pedagogy

Lecture and discussion; Case discussion; Hands-on exercise

Course Content

Module 1: Introduction to financial concepts and financial statements

Module 2: Financial statement analysis

Module 3: Understand the concepts of Time Value and Money and its application

Module 4: Understand the difference between debt and equity and their importance.

Module 5: Investment decisions or Capital budgeting decisions

Module 6: Capital structure decisions

Module 7: Working capital management

Module 8: Cost management and break even analysis

Module 9: Cash management and preparation of budgets

Module 10: Personal finance and retirement planning

Key Programme Highlights/USP

Enrich the non-finance executives or students with accounting and financial knowledge so that they can plan personal and professional finances more efficiently

Programme Directors

Dr. Malaya Ranjan Mohapatra
Email: malaya@iimj.ac.in

Dr. Praveen Kumar
Email: praveen@iimj.ac.in

Key Attractions for sessions

  1. Financial guidance by esteemed faculty members of IIM Jammu.
  2. Well designed course contents to help a non-finance person to develop financial knowledge.
  3. Participants will experience the feelings of modern classroom and library of IIM Jammu.
  4. Scenic beauty of IIM Jammu with glimpse of mata vaishno devi trikuta hills view.