Skip Ribbon Commands
Skip to main content

Course Detail

Practical Business Finance for Non-Financial Executives


Introduction

A basic knowledge of business and corporate finance is essential for any non-financial management and professionals to function effectively in his/her current capacity. The ability to understand financial jargons is not only useful as a life skill, but a much needed requirement for non-financial professionals occupying or about to assume a greater leadership role in the organization.

In this program, participants will learn how to determine the financial health of a business. Participants will appreciate the need for allocation of scarce financial resources and tighter financial management so as to obtain the best financial value-add for the company. Participants will learn not only the thoughts that go into building up a financial case for a new capital project, but also learn how to use the various common financial tools to justify for a new capital project.

Finally, participants will be introduced to the types of costs and their behavior, and how these could be used to determine the breakeven of a business, and forecast profitability under various simulated sales volumes.


Details

Date(s): 23 to 24 October 2019
Time: 9:00AM to 5:00PM
Venue: NTU@one-north campus, Executive Centre (Buona Vista)
Registration
Closing Date:
09 October 2019
Course Fee: Standard: S$631.30   View more
Registration fees inclusive of:
  • Course materials
  • Complimentary Lunch
  • Light refreshments
  • Prevailing GST


Objectives

At the end of this programme, participants will be able to:

1. Equip himself/herself (non-financial management staff / professionals) with practical business & corporate finance skills to effectively manage day-to-day and leadership work.

2. Understand the cost of doing business.

3. Learn the various drivers behind profitability and cash flows.

4. Understand how to build a financial case for a new project and how to justify for one.

5. Understand the relationship between, cost, volume and profit, and use the concept to generate different financial outcomes under various simulated conditions.

*Participants are advised to bring along a calculator for this course.


Outline

1. Determining Business Profitability

• Reading Income Statement (Profit & Loss Statement)
• Building an Income Statement
• Understanding Profit Terms

a) EBIT / Operating Profit
b) EBITDAR
c) Net Income

• Concept of Economic Value Add (EVA)
• Determining Returns

a) Gross Profit Margin
b) Operating Profit Margin
c) Net Profit Margin
d) Return on Investment (ROI)
e) Return on Equity (ROE)

2. Determining Financial Health of a Business

• What Balance Sheet Tells You
• How To Determine Liquidity
• How To Determine Solvency
• How To Determine if Assets Are Managed Efficiently

3. Cash Is King!

• Why is Cash Generation Important?
• Why is Profitability Not Equal To Cash?
• Where is Cash Generated? How to Optimize It?
• Where is Cash Used?

4. Cost of Capital

• The Components of Capital
• Capital is Not Free!
• Determining Cost of Capital
• Why is understanding Cost of Capital important? * Its Link to Required Rate of Return

5. Capital Budgeting & Justifying for a New Project

• Capital Expenditure versus Operating Expenditure
• Determining Capital Budget Needs
• Importance of the Concept of Cash Flows & Time Value of Money
• Building a Financial Case for a New Project
• Financial Evaluation of Capital Projects

a) Payback Method
b) Net Present Value Method
c) Internal rate of Return

6. Principles of Costs & Their Applications

• Understanding Fixed & Variable Costs
• Determining Contribution Margin
• Determining Breakeven Point
• Using Cost-Volume-Profit Analysis to make Sound Business Decisions

Methodology
70% • Class Instructions / Illustrations / Discussions
30% • Simple Exercises / Case Study

Read more

Trainer(s)

Yeo, Dave

Dave Yeo is a Fellow of CPA Australia, and brings with him more than 18 years of industrial experiences in various public-listed, world-class business organizations such as ExxonMobil, Honeywell and Textron Inc. He has held senior management positions in Accounting, Finance and Internal Controls both in Singapore and China. Dave holds a Master of Business Administration degree majoring in Accounting from Monash University, Australia, and a Bachelor of Business Administration degree from the National University of Singapore. A final- year Doctorate candidate with the University of Newcastle, Australia, Dave’s research interest is in the area of Strategic Finance. Besides possessing an aptitude for continuous learning, Dave is very passionate about teaching and enjoys sharing his extensive working knowledge and experiences on the subjects he teach. He is known to communicate and relate particularly well with adult learners. Dave has always been involved with in-house training in the companies he worked for, on such subjects like Accounting, Costing, Corporate Finance, Budgetary Controls and Capital Budgeting. Whilst working in China, he was a faculty member of the ExxonMobil University in Southern China for 3 years. Currently, he doubles up as a Lecturer for Management Accounting in his company’s EMBA program for corporate talents. Under NTU's Centre for Continuing Education, Dave has conducted classes in Financial Planning, Accounting, Costing & Budgetary Controls, Corporate Finance, and Financial Management for organizations like the International Association of Registered Financial Consultants, AIA, MediaCorp, Republic of Singapore Air Force, the Competition Commission of Singapore and the Republic Polytechnic.



Engineers or Professionals, Managers and Executives (PMEs) with no or little prior formal introduction to the world of business and corporate finance.
Standard Course Fee $631.30
Course fee payable after SSG funding, if eligible under various schemes
Standard Course Fee S$631.30
Course fee payable after funding or subsidy, if eligible under various schemes

Employment and Employability Institute (e2i) Funding1

S$391.30
Course fee payable after Discount^

Group of 3 pax and above

S$568.17

NTU/NIE Alumni, Staff & Students

S$505.04

NTUC Member

S$568.17
- All fees stated are inclusive of 7% GST
- SkillsFuture Credit can be used to offset course fee payable.
For more information, visit https://www.skillsfuture.sg/credit
- Union Training Assistance Programme (UTAP) - Union and NTUC members may enjoy 50% unfunded course fee support for up to $250 each year when you sign up for courses supported under UTAP.
For more information, visit https://www.ntuc.org.sg/wps/portal/up2/home

1 Employment and Employability Institute (e2i) funding - Singapore Citizens and PRs may enjoy subsidies up to 40% of the standard course fee. For more information, please visit https://e2i.com.sg
^ Discount cannot be used in conjunction with other SSG funding scheme or NTU Alumni Course Credit. Participants are eligible for only ONE of the discount schemes.
Not sure which programme to go for? Use our programme finder
Loading header/footer ...