Purpose and Impact

If you feel lost in financial discussions, left out of critical decisions, or hesitant to ask questions due to a lack of financial understanding, our Finance for Non-Financial Professionals course is for you. Our approach begins with the basics, helping you establish a solid foundation so you never feel left behind by your peers. Before you know it, you’ll be confidently engaging, asking questions, and actively participating in discussions.

This program transforms the intricate world of finance into a user-friendly toolkit for strategic and operational decision-making across all professional arenas, from construction sites to manufacturing floors and all the offices in between. Beginning with the fundamentals of finance and accounting in a nurturing environment, it swiftly moves you from feeling daunted by financial jargon to confidently navigating discussions, making informed decisions, and grasping the broader implications of your actions.

Would You Benefit from Financial Fluency?

Financial literacy is a cornerstone of success in today’s fast-paced economic environment, empowering individuals in various roles to make informed decisions that boost both personal and organizational performance. This skill set is invaluable for anyone looking to enhance their strategic and operational effectiveness at work.

Financial literacy equips professionals with the knowledge to:

• Make informed decisions that enhance company success.
• Boost budget management and cost efficiency across various roles.
• Navigate diverse financial contexts with confidence.
• Apply financial insights to a wide range of business scenarios.

Participants will emerge with a solid grasp of fundamental financial principles, ready to apply their knowledge to analyze financial statements, manage budgets effectively, and leverage financial insights for strategic decision-making. This comprehensive skill set enhances job performance and positions individuals and their organizations for enduring success in a dynamic economic landscape.

Participant Profile

Finance for Non-Financial Professionals is designed for a diverse group of participants with a common goal: to enhance their careers by deepening their understanding of finance and accounting.

Typical participants include:

• Individual contributors at all organizational levels, from front-line supervisors to senior executives, who want to enhance their financial decision-making capabilities
• Professionals in specialized or non-traditional roles, including but not limited to supply chain analysts, fleet managers, engineers, quality supervisors, and more, who are keen on integrating financial considerations into their strategic planning and operational management
• Leaders and managers aspiring to senior-level strategic roles in their organizations where understanding the "language" of business finance is essential

Learning Outcomes

Financial Statement Analysis and Interpretation

• Apply financial statement basics to interpret income statements, balance sheets, and cash flow statements effectively.
• Gain insight into the relevance and limitations of financial statements in annual reports.
• Familiarize yourself with financial ratios and key performance measures for strategic decision-making.

Efficient Cash Flow and Working Capital Management

• Understand cost measurement and behaviour to manage day-to-day cash flows efficiently.
• Make effective capital budgeting decisions by considering relevant cash flows, cost of capital, sensitivity analysis, and qualitative factors.
• Employ budgeting skills to optimize your department or organization’s financial performance and resource allocation.

Utilizing Financial Information for Strategic Decision-Making

• Identify key economic and industry factors, risks, opportunities, and financial implications.
• Understand the concepts of the time value of money and hurdle rates to evaluate investments.
• Use financial insights to make data-driven decisions aligning with long-term organizational objectives while collaborating effectively with financial and accounting teams for comprehensive planning and analysis.

Return on Investment

Participant Testimonials

Fees

$5,990 CAD

The program fee covers program materials, meals, and hotel accommodations for programs held at our Ivey Spencer Leadership Centre. Program sessions offered in Toronto and Calgary include program materials, breakfast, and lunch; participants are responsible for accommodations and meals outside of program hours. Program fees are tax-exempt.

FAQs

What funding resources are available?

Organizations and participants in Canada may benefit from the Canada Job Grant or the Canada Training Credit to offset a portion of program fees. Visit our Funding Resources page to learn more.

What is the application process?

On the program page, select 'Apply Now' and choose your preferred start date. Submit the program application form and select a payment method. Once your application is approved, you will be billed directly or receive an invoice. Payment of program fees is due within 30 days of receipt of invoice and no less than 15 days before the program start date.

What sets this program apart from other financial training options?

Our unique blend of real-world case studies, interactive learning, and practical application, supported by faculty with deep industry experience, distinguishes our program from others. You’ll not only learn theoretical concepts but also how to apply them in real-life scenarios, providing you with a tangible set of skills that can be immediately put to use

How should I prepare before attending the program?

Our Program Managers will contact all registered participants prior to the program start date with instructions to join our online Learning Management System. Once logged in, you will be able to create a class profile, view other participants' profiles, and access a list of assigned pre-reading, cases, and activities. Plan to review and complete preparation work in advance of each class session.