On Financial Acumen
The purpose of every business is to make profit. Profit comes only by following certain fundamental concepts of finance. Managers at every level will need a solid grasp on the numbers side of business. Decisions made without understanding the financial implications may lead to reduced profits and a reduction in shareholder value.
Unfortunately, the academic education and professional training does not include financial acumen as part of the curriculum. Anyone who does not have a degree in finance, generally lacks in financial fundamentals. These professionals when employed in organizations must be educated on the fundamentals of finance.
Syndicate Learning’s Financial Acumen course equips professionals to read and make business sense of financial statements, make important business decisions using financial methods and gain an appreciation of money.
With a library of over 40 eLearning courses devoted entirely to developing financial acumen, we present you here with just a few garnishes off the main course.
These items in an organisation should not be the domain of the top management. Understanding of these topics is essential for every employee to ensure a perfect project run. Our course provides this basic understanding while enumerating on the focal areas for the top guys.
– OR –
on Fundamentals of Finance Management
It is true that each organization is different and their business, investment & finance strategy is different. However, each organization in a country works under the same legal and compliance framework and share a common business culture.
You can address the need to educate your managers on financial matters in two ways – creating custom courses on finance management which are specific to your organization or use the off the shelf courses, which covers the knowledge common to all organizations.
Syndicate Learning suggests that organizations first train all of their managers on general finance management courses. They must be educated on the fundamental principles, terminology and laws. This approach is very cost effective as our Off The Shelf courses comes at a very attractive price.
Once your managers have a fair amount of general awareness, you can create courses specific to your organization’s financial strategy.