Finance for Non-Finance Executives

As executives move up the organizational ladder, their success, to a large extent, depends upon their knowledge of Corporate Finance. Decisions taken by executives, regardless of their functional orientation, have financial implications in terms of cost, revenues, cash flows, profitability and liquidity. It is therefore imperative for non finance managers to gain an understanding and insight into financial management, its scope implications and techniques.

This programme is specially designed to help senior managers of companies, heads of institutions like Hospitals, Nursing homes, Universities, Colleges, etc to understand basic business finance and its implications to administrative decisions. The following topics are covered in the 10 lessons:

Lesson 1 : The Money Game – Introduction to Corporate Finance

Lesson 2 : The Purpose of a Corporation

Lesson 3 : The Finance Function

Lesson 4 : Managing Money ( Cost of capital and capital structure decisions)

Lesson 5 : Working Capital Management

Lesson 6 : Investing in Fixed Assets

Lesson 7 : Understanding Costs

Lesson 8 : Evaluating the Performance of Operating Units

Lesson 9: Understanding Financial Statements

Lesson 10: Analysing and Interpreting Financial Statements

About The Author
DR. A. BESANT C. RAJ is a well-known and respected Management and Financial consultant in India and abroad. He is an MBA from the Indian Institute of Management, Ahmedabad (first batch). He also holds a doctoral degree in Business Administration, specializing in Financial Management from the Harvard Business School, Harvard University, USA. He has a Master's degree in Philosophy from Madras University and a Master's degree in Psychology from Banaras Hindu University. After a distinguished teaching career, which includes his tenure as the Director of Studies at the Administrative Staff College of India, Hyderabad, Dr. Raj founded the Management Consultancy Company, Besant Raj International Ltd (BRIL), at Chennai in 1979 with his wife.

Dr. Raj is one of the founders and former Chairman of the Institute of Chartered Financial Analysts of India (ICFAI), Hyderabad. He has been on several corporate boards including the board of Industrial Development Bank of India (IDBI). He is closely associated with several educational institutions like the Jawaharlal Nehru Institute of Development Banking of IDBI and was the first Chancellor of the ICFAI University Dehradun, Uttaranchal. He is currently the Chairman of the board of The Madras Christian College, Tambaram, Chennai. He is also on the boards of Ispat Industries Ltd., Henkel India Ltd & Cochin Minerals and Rutile Ltd., SPEL Semi Conductor Ltd.

Dr. Raj has carried out several prestigious International and National consultancy assignments, which include clients such as The Ford Foundation, New York; The Common Wealth Fund for Technical Co-operation, London; The Economic Development Institute of the World Bank and the Iraq National Oil Company.

Dr. Raj was a member of the Panel of Judges to evaluate the performance of integrated Steel plants in India, for the Prime Minister's Award for the year 2000 - 2001. He was also a member of an Expert Committee appointed by the Tamil Nadu Government to evaluate the working of the State Level Public Enterprises in Tamil Nadu.

Some of the important publications of Dr. A.Besant.C.Raj include:
• Public Enterprise Investment Decisions in India: A Managerial Analysis, Macmillian 1977, Reprinted 1978.
• Corporate Financial Management: An Introduction, Tata McGraw Hill publishing company Ltd., 1978.Reprinted 1989, Second Edition 1991. Reprinted 1992. 1994 (Twelfth Reprint), Third Revised and enlarged Edition, 2003.
• Unravelling the China Miracle-A Comparative Study with India (1950-2005), Book Surge Publishing-an Amazon.com Company, USA, 2006.
• Managing Your Investments, published by Everonn Systems India Limited, Chennai, 2008.



Price Rs.1200 (US$40) per person
Study period allowed 20 days

Register now    Back