Developing Commercial and FInancial Skills for Strategic Business Decisions

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About the Programme Executives around the world are increasingly expected to be multi-functional. The decisions that line functions make are no longer limited to a single responsibility centre. Competition drives firms to become leaner and take integrated decisions that take care of not just functional requirements, but also address the financial and commercial ramifications of business decisions. NITIE brings a unique programme to such businesses looking to make their personnel well rounded experts with proven decision-making capabilities.

To make functional experts better decision makers To transform managers without a degree in finance into financially and commercially aware professionals To help managers identify key variables in financial statements that are critical for decision making To help managers identify strategic and directionally significant decisions and differentiate from tactical and operational decisions

Key variables in financial statements- Income Statement/Balance Sheet and Cash Flow Statement, Understanding financial statements for use in business decisions Working Capital management, cost of capital, capital structure decisions Long Terms versus short term decisions- Use of Marginal costing and Capital Budgeting Techniques Decision tools in strategic decisions- Value Chain, Activity Based Costing, Target Costing, Life Cycle Costing techniques

Working professionals without a formal degree in finance Work profile involves cross functional engagement Executives who are client facing and have to explain the commercial angle to key decisions Executives who need to integrate cost management concepts as part of their job role

Course Details

Venue Online
Duration 18 Hrs.
Starts On Dec 06, 2022
Faculty Prof. K. S. Ranjani

Fees Details

Duration Professional Fee*(Per participant) GST(18%) Total Fees(Per Participant) Programme Code
18 Hrs. 9,000.00 1,620.00 10,620.00 1 23 4 68
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