Finance and Accounting Workshop for Non-Financial Managers

Transcription

1 Finance and Accounting Workshop for Non-Financial Managers April 24-26, 2013, Wednesday-Friday IE Business School campus, Madrid, Spain

2 business school Executive Education Management and entrepreneurship creates growth, wealth, and development in society; it also creates jobs, catalyses innovation and improves living conditions... We need more and better managers and entrepreneurs, and IE Business School is prepared to take on the formidable but captivating challenge. - Santiago Iñiguez, Dean of IE Business School Fully recognized by the three principal international accrediting bodies in the field of business education. IE Business School is consistently ranked among the top business schools worldwide by international financial and economic media groups: 1 st WORLDWIDE: by QS Intelligence Unit. MBA Programs (July 2012) 5 th WORLDWIDE: Executive Education (Oct. 2011) 1 st Online International Executive MBA (Feb. 2010) 3 rd Non US-Business School (Nov. 2010) 4 th Executive MBA (Nov. 2011) 6 th Master in Management (Sept. 2012) 5 th Customized Executive Education (Nov. 2011) 3 rd Beyond Grey Pinstripes Sustainability & Ethics Ranking (Sept. 2011)

3 WHY IE BUSINESS SCHOOL IE Business School is one of the world s best international business schools. A pioneer in business education, we train tomorrow s business leaders, shaping them with an innovative approach and acting as a catalyst for the creation of new businesses. We offer Executive Education Programs that develop the vision, skills and management capabilities required by executives to meet the many and varied challenges they face both today and in the future. The recognized prestige of our teaching faculty, the degree of excellence of our academic programs and our international focus have always been the foundation of our learning model that has placed IE Business School s Executive Education Division among the best in the world. We invite you to come on-board and benefit from an excellent learning environment that nurtures high-caliber talent both professionally and personally. Follow us on: IE BusinessSchool Executive IE Business School Executive Education IE Executive Education

4 Finance and Accounting Workshop for Non-Financial Managers Overview The current economy is a reminder that having a good grasp of the financial standing of a company is crucial when making strategic decisions. Financial health is the fuel that sustains all successful economic activity and keeping it in-tact is more and more an objective not just of the finance department but of other business units as well. Finance and Accounting Workshop for Non-Financial Managers is an intensive three-day international executive program designed to equip non-financial managers with the essential accounting and financial management principles, allowing them a holistic view of a business and enabling them to more significantly contribute to their companies profitability and sustainability. Objectives The participants will be able to: Read and analyze their firm s financial statements: profit and loss accounts, cash flows and balance sheets Identify the elements affecting their companies financial needs and how to forecast them Grasp the theory and practice of capital budgeting crucial to making investment decisions Recognize the drivers of valuation and the factors determining company value Learn the uses and benefits of sensitivity and scenario analyses Acquire a good understanding of financial concepts necessary for effective communications with the finance department, as well as with other stakeholders

5 Finance and Accounting Workshop for Non-Financial Managers Content Financial Accounting: Understanding financial statements Getting comfortable with the Income Statement, Balance Sheet, and Cash Flow Statement Linking your organization s operations to its profitability Using financial ratios and accounting figures in examining company health Financial Forecasting: Calculating expected financial needs and returns Forecasting the profitability and financial requirements of a company or division Understanding working capital management and its impact on financing needs Using financial ratios in forecasting Learning the benefits and practical applications of sensitivity and scenario analysis Capital Budgeting: Evaluating investment opportunities Making financially sound decisions choosing the right tools Delving into the theory and uses of Discounted Cash Flow Analysis Understanding Net Present Value, Internal Rate of Return and alternative investment rules Valuation: The contribution of the financial point of view From accounting to business valuation - the concept of free cash flow The right rate of discount - risk and return Business valuation in practice - relevant cash flows Faculty PARTICIPANTS The workshop attracts executives of a wide range of business titles and functions from non-financial backgrounds. It is particularly targeted at, but not limited to: CEOs Managing Directors Senior and General Managers Divisional and Functional Non-Financial Managers: Marketing, Sales, Operations, Human Resources, and the like Project Managers and Project Leaders Department Heads While no previous knowledge of finance or accounting is required, a basic working knowledge of excel is assumed. To guarantee a homogenous level of knowledge prior to the program start, an Online Financial Accounting Module will be offered. SANDRINE NASLIN Former CEO and Head of Equities for UBS Investment Bank (Spain) 20 years experience in Investment Banking Capital Markets (London, Paris, Madrid) BA in European Business Administration, École Supérieure de Commerce Reims (France) MARCO TROMBETTA Vice-Dean of Research and Professor of Accounting, IE Business School; former Associate Professor and Department Dean, Universidad Carlos III (Spain), and Lecturer in Accounting, London School of Economics Doctor of Philosophy in Economics, University of Oxford (UK); PhD in Public Economics, University of Pavia (Italy); BS in Social and Economic Sciences, Magna Cum Laude and Special Distinction, Bocconi University (Italy) CARLOS TAPIA MORAL Managing Partner of Solchaga Recio Corporate Finance and Integra Estrategia Financiera, both finance consultancy firms (Spain); former CEO of Rhelios and Grupo Trivium (Spain) Associate Professor, IE Business School

6 INTERNATIONAL EXECUTIVE PROGRAMS Academic Year Agreements are available for both an individual and a group of executives from the same firm who wish to combine two or more programs from any track. SKILLS DEVELOPMENT TRACK Innovative Leadership: Winning skills for you and your team, April Executive Negotiation Workshop: From experienced to expert negotiator, May 6-9 Communication Skills and Public Speaking Workshop: Becoming a confident and persuasive Presenter, May Change Management Workshop: Changing minds and minding change, June 5-7 Global Leadership for Women: Empowering your effectiveness as a leader, June Cutting-Edge Decision-Making Tools: Equipping leaders for managing risk, complexity and uncertainty, June MARKETING & SALES TRACK The Strategy and Tactics of Pricing: A guide to growing more profitably, April Effective Key Account Management: Developing key accounts for optimal growth and client retention, May Marketing Strategy in Business Markets: Transforming your marketing strategy into winning marketing Tactics, June 5-7 Building a Customer-Centric Organization: Outperforming your competition in profitability, June FINANCIAL MANAGEMENT TRACK Beyond Valuation: Impact of behavioral finance and debt restructuring in valuation, February Finance and Accounting Workshop for Non-Financial Managers: Analyzing opportunities, assessing risk and estimating your impact, April Corporate Finance: Connecting financial activity to strategic goals, May 6-8 Cross-Border Mergers & Acquisitions: Getting them right, June Islamic Finance: Investing tools for the banking future, 4 days in June / Jeddah, Saudi Arabia OPERATIONS MANAGEMENT TRACK Global Supply Chain Management: Building a competitive procurement and negotiation platform, April Leading Project-Driven Organizations: Creating strong capabilities for organizational change and Transformation, May SPECIALIZED MANAGEMENT PROGRAMS Effective Management for Security Professionals: Establishing the security role as an enabler for business success, June 4-6 Management Fundamentals and Skills for Scientists and Researchers: Linking science to business, October 2013 to March 2014 / Blended China: An Inside View: Accelerate your business success, 4 days in May 2013 / Beijing, China

7 Registration Finance and Accounting Workshop for Non-Financial Managers is an open enrolment program. To reserve a slot, simply register online by visiting the program webpage here. Alternatively, you can ask for the registration form via krysta.martinez@ie.edu. PROGRAM DATES AND FEE Finance and Accounting Workshop for Non-Financial Managers Program Dates: April 24-26, 2013 Fee: Special concessions are available for IE Alumni, groups of executives attending from the same organization, executives registering for more than one program, and early-bird inscriptions. The program fee of covers tuition, course materials, all coffee breaks and lunches during the program. Fees do not include accommodation. If you wish, we would be happy to make a reservation for you at one of the hotels within walking distance of our premises and with which we have special agreements. FOR MORE INFORMATION Contact: Krysta Martínez krysta.martinez@ie.edu Tel.: Visit our website: Follow us on: IE BusinessSchool Executive IE Business School Executive Education IE Executive Education Payment is due within 30 days of the invoice date or upon receipt of the invoice if admission is within 30 days prior to the start of the program. Cancellation policies are outlined in the information provided to applicants upon admission.

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