Finance for Non Financial Managers Course

Finance for Non-Financial Managers Course Overview
The ILX Finance for Non-Financial Managers e-learning course is the only e-learning package 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. The course follows the official syllabus from the APM Group.
This accredited course contains 20 hours of learning split into 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 curriculum exam, allowing students to test themselves under simulated exam conditions. Questions are selected at random from questions banks in our assessment database.
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.
Target Audience
This course requires no prior knowledge or experience, and is designed for anyone needing to develop their understanding of finance.
Finance for Non-Financial Managers 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
What's Included?
The full course is available online or in CD-ROM format. The package is a completely integrated set of learning materials designed for self-study and contains a full colour workbook, case studies and dynamic financial models which enable students to enter financial data and perform the ‘what if ‘analysis learning finance requires.
Full tutorial support providing fast one-to-one access to experienced tutors via phone or email within 24 hours so users never feel isolated or stuck is included.
How is the Course Delivered?
You can do the course online or we can send it to you on a CD. Just choose the delivery method suitable for you at the checkout.
The course is designed to run on a Win32 operating system with Microsoft Internet Explorer 6/7/8, Macromedia Flash Player 6+ and a 800x600 or higher display is recommended.
How and where do I take the Finance for Non-Financial Managers Exam?
This course will fully prepare you to take the official Finance for Non-Financial Managers exam from the APM Group. The exam is included with the e-learning package and can be taken up to 12 months after purchase.
ILX run exams in over 250 countries worldwide, so you can book your exam at a location convenient to you. Booking your exam couldn't be easier - details will be sent with your pack.
View our current schedule of dates and locations
Finance for Non-Financial Managers Course Syllabus
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
- Designed to test your understanding of the main course objectives contained in the curriculum
Course Benefits
- 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
More Than One Person To Train?
We also offer corporate licensing. Contact one of our training advisors on +44 (0)207 371 4444 for more details. Alternatively, request a quote with your requirements and we will contact you.




