Accredited Finance for Non-Financial Managers Course

CHARTERED MANAGEMENT INSTITUTE'S Syllabus

The fully accredited Finance for Non-Financial Managers multimedia training
course is ideal for individuals and organisations looking to gain the formal
Finance accreditation. The course is equivalent to a 3 day classroom course and
offers learning at a time and pace to suit every student, giving them
confidence prior to sitting the exam with the APM Group.

Corporate Pricing

Call (586) 203 8263

You are best to call 01270 611 600 to discuss your finance training requirements directly with a training consultant so that you may be offered the most suitable price and training programme.

Single User Package

£300+VAT   Buy Now  Printable Brochure

Includes the full course on CD, with a completely integrated set of learning materials designed for self-study. Contains a full colour workbook, case studies and dynamic financial models which enable you to enter financial data and perfom the what if analysis learning finance requires.

The Only Course Of Its Kind

The ILX Finance for Non-Financial Managers e-learning course is the only e-learning course to be have been accredited by the APMG and has been used to train over 100,000 people world-wide.

It is the quickest, most effective way to train non-financial managers in all aspects of basic business finance and its practical application.

Finance for Non-Financial Managers Online Training

See What It's Like

Experience the course first hand by viewing our online demonstration where you can view a full product tour of the course features, undertake a course module from the official syllabus and use the Finance for Non-Financial Managers exam simulator.

What Does The Course Contain?

This accredited course consists of 10 sessions which cover an introduction to the basic
concepts of finance, teaching you how to read basic financial statements. The course then
moves on to teach you how your business decisions impact the financial health of your
organisation. Proven subject matter and relevant interactive exercises assist you in
understanding the financial concepts needed by all managers.

The course also includes a simulated exam, allowing students to test themselves prior to
taking the real examination. Questions are selected at random from our database, and the
simulator provides valuable student feedback via a post exam review function.
Additional features include an audio commentary option, a book-marking facility, and an
interactive glossary, which allows you to link back directly to the training.

Course Screens

Finance for Non Financial ManagersFinance for Non Financial Managers

What Are The Main Benefits?

  • A recognised European qualification
  • On-site/on-demand training
  • Accredited multimedia content
  • Clear graphic presentations
  • Interactive exercises
  • Customised learning path based on your knowledge
  • Dynamic Flowcharts – use your own figures
  • Comprehensive Glossary
  • Mock Exam Simulator

Target Audience

The Finance for Non-Financial Managers course requires no prior knowledge or experience, and is designed for Non-Financial Managers at all levels, Project Managers, IT & Service Support Managers, Sales Executive/Consultants and New Graduates.

Duration:

Approximately 20 study hours - delegates learn at their own pace in their own time, book marking their position throughout to return later if required.

Course Objectives

The course uses a series of 10 structured modules to help you:

  • Understand fundamental financial terminology and concepts
  • Read and interpret financial statements
  • Gauge the financial impact of operational decisions
  • Understand the basis for evaluating investment decisions

Features

"Leading edge multi-media and interactive exercises for optimum knowledge retention, user experience and a successful exam result"

Easy to Use Interface
Easy to Use InterfaceClearly presented information that is easy to navigate
Mock Exam Simulator
Template Manager

Test and re-test your knowledge to guarantee retention of the key course objectives

Glossary of Terms
Glossary of terms Handy tool for looking up terms throughout the course
Voiceover and Animation
Voiceover and AnimationLeading edge multimedia and voiceover enhances and improves learning. The course is also available in a readable format for accessibility
Real-time Pause, Advance, Rewind, Skip
Real-time Pause, Advance, Rewind, SkipAllows complete control and self-paced study
Book Marking
BookmarkingAutomatic book marking lets users dip in and out of the course at their own pace
Favourites
FavouritesReference and refer to sections or pages at a later date
 

 

Blended Learning

The ILX Group have experience in combining both our e-learning and classroom training to create a successful blended learning programme. The advantage of this approach is that it can maximize the value of the time spent in the classroom by focusing these sessions on case studies and work-groups whilst the e-learning acts as pre and post course support.

To discover more about Intellexis ILX’s blended approach click here.

Course Syllabus

The course follows the Chartered Management Institute's syllabus as follows:

Introduction to Financial Statements

  • Importance of financial measures
  • Financial accounting and management accounting
  • The four types of accounts
  • Three financial statements

Profit and Loss Account

  • The profit and loss account
  • Elements of the profit and loss account
  • Costs in the profit and loss account
  • Your own figures

Balance Sheet

  • Definition
  • Sources and use of figures
  • Format of the balance sheet
  • Inter-relationship with the profit and loss account
  • Examples of formats
  • Your own figures

Cash Flow

  • Profit and Cash
  • Elements of Cash Flow
  • Managing Cash and Loans
  • Practical Applications of Cash Flow
  • Your own figures

Costing Decisions

  • Introduction
  • Variable and Fixed Costs
  • Cost Structure and Methods
  • Break-even
  • Product Costing
  • Your own figures

Introduction to Financial Analysis

  • What is financial analysis
  • Financial analysis in practice

Investment Appraisal

  • Cash Flow and Relevant Costs
  • Pay Back
  • Present Value and Discounting
  • Discounted Cash Flow
  • Sensitivity Analysis
  • Case study

Profit Margin

  • Profit Margin Ratio
  • Comparison by Industry
  • Supermarkets
  • Aircraft Manufacturing Industry
  • Profit Margin Flowcharts
  • Your own figures

Asset Turnover

  • Concept of Asset Turnover
  • Asset Turnover Flowchart
  • Working Capital Ratios
  • Fixed Asset Turnover
  • Analysis by Industry – Supermarket
  • Analysis by Industry – Aircraft Manufacturing
  • Your own figures

Return on Capital Employed

  • What is Return on Capital Employed?
  • Elements of ROCE
  • Comparison of ROCE
  • Financial Analysis with ROCE
  • Your own figures

Mock Exam Simulator

  • Allows you to assess your own capability prior to taking the formal examination.

Qualification

Why Take The Qualification?

In today’s business environment every manager needs a good understanding of financial issues if they are to play an active role in helping their organisation achieve its objectives.

However, not every manager needs the same level of skills and understanding as specialist financial managers.

The ‘Finance for Non-Financial Managers’ examination is designed to provide both employers and employees with independent verification of the financial knowledge of managers who do not directly work within a finance role.

What Is The Qualification?

The examination is based upon the CMI financial management syllabus.

The ILX Group Finance for Non-Financial Managers courses have been accredited to say that they follow CMI financial management module.

The APMG is an approved CMI centre, all successful candidates receive their certificate from the CMI. 

How Do You Take The Qualification?

The exam can be taken on paper or online.

25 multiple-choice questions and lasts for 1 hour.

13 correct answers (52%) are needed to pass.

Immediate provision of results.

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