Finance for Non-Financial Managers
Learn the language of accounting and finance
Course Overview
Understanding the language of finance is a crucial skill to develop so that you can make informed decisions to achieve financial stability and success. Our Finance for Non-Financial Managers course will provide you with a practical and accessible introduction to accounting and finance. Through case studies and group-learning projects, you will gain practical insight into the art of finance, enabling you to implement sound strategies immediately and improve the health of your organization.
What you will walk away with
- Basic financial acumen gained through case-studies
- A deep understanding of how business works
- A thorough understanding of financial statements
- The ability to contribute to improving the financial performance of their organization
- Understand the key measures of financial performance
- Participate in creating a financial plan and establishing its feasibility
Additional Course Information
MODULE BREAKDOWN
Curriculum Overview
Financial Accounting
- Understanding Accounting Terminology: Provide delegates with the terminology required for the remainder of the course:
Financial Analysis
- Understand the key information that is contained within the main financial statements of a business.
- Use various tools to analyse the financial performance and financial position of a business.
- Appreciate the difference between profit and cash.
- Understand the importance of working capital management.
- Identify and discuss key policy decisions in the business 9e.g. gearing, dividend policy).
- Understand the difference between accounting information and market performance information
Management Accounting
- Articulate the role and purpose of Management Accounting and understand the types of information that are useful for management.
- Identify the costs associated with debt and equity financing.
- Understand cost behaviour, overhead absorption, cost allocation and break-even analysis.
- Analyse costs in the context of a practical application for managerial decision-making.
- Appreciate the nature and uses of budgets as well as the Balanced Scorecard performance management tool.
- Topics include Cost of Capital, Cost Terms and Behaviour, CVP, Relevant Costing, Cost Management, Budgeting and the Balanced Scorecard.
Financial Planning
- Understand the processes involved in financial planning.
- Appreciate the limits to a firm’s growth rate and know how to estimate the maximum sustainable growth rate.
- Analyse a company’s financial statements and assess its future demands for capital.
Minimum Requirements:
- National Senior Certificate, NQF 4 or equivalent
- English proficiency
Who should apply:
- Entrepreneurs
- Managers
- Individuals in sales and marketing
- Operations and human resource managers.
- Anyone interested in understanding the key drivers of performance in organizations
What our alumni say
Learn with the best
Our Internationally acclaimed researchers and teachers are all dedicated and gifted individuals who contribute directly to UCT GSB's reputation of excellence.
Course Convenor
Jacqui is an Associate Professor in the College of Accounting at the University of Cape Town where she specialises in financial accounting to undergraduate students.
Faculty
Jahangir Allie is currently a senior lecturer at the University of Cape Town, His teaching area focusses on management decision making, management control, and finance.
Faculty
Richard moved from Johannesburg to Cape Town to study a Bachelor or Business Science in Finance and Accounting at the University of Cape Town (UCT).
Head: Executive Education
Jodie Martin is the Executive Education Head of Department where he leads and supports our world-class Executive Education delivery team.
Client Liaison Officer
Tarryn is a seasoned sales & marketing professional with over 8 years of experience in the higher education short course industry.FAQ
The UCT GSB's Breakwater Campus is situated in the heart of Cape Town's most popular tourist attraction, the Victoria and Alfred Waterfront. Centrally located and easily accessed, the UCT GSB is just 1.5km away from the central business district and 20 minutes from Cape Town International Airport.
As an added benefit to studying at the UCT GSB, you'll be situated in one of the most beautiful cities in the world.
Flights & accommodation costs are not included.
The course is a non-credit-bearing course delivered at the equivalent of an NQF 8 postgraduate level of study.
The course is accredited through UCT, which is a registered public higher education institution with the Council on Higher Education (CHE). Each programme is accredited through an internal UCT quality assurance process, as delegated by the CHE, ensuring the excellent quality of our offering.
In short, this course does not refer to NQF levels.
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