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.Key Benefits:
In this course, 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.
At the end of this course, participants will be able to:
- Equip himself/herself (non-financial management staff / professionals) with practical business & corporate finance skills to effectively manage day-to-day and leadership work.
- Understand the cost of doing business.
- Learn the various drivers behind profitability and cash flows.
- Understand how to build a financial case for a new project and how to justify for one.
- Understand the relationship between, cost, volume and profit, and use the concept to generate different financial outcomes under various simulated conditions.
etermining Business Profitability |
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Determining Financial Health of a Business |
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Cash Is King! |
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Cost of Capital |
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Capital Budgeting & Justifying for a New Project |
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Principles of Costs & Their Applications |
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This course is suitable for:
- 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: S$1308
| SSG Funding Support | Course fee | Course fee payable after SSG funding, if eligible under various schemes |
| BEFORE funding & GST | AFTER funding & 9% GST | |
| Singapore Citizens (SCs) and Permanent Residents (PRs) (Up to 50% funding) | S$1,200.00 | S$708.00 |
| Enhanced Training Support for SMEs (ETSS) (Up to 70% funding) | S$468.00 | |
| SCs aged ≥ 40 years old SkillsFuture Mid-career Enhanced Subsidy (MCES) (Up to 70% funding) |
Funding Requirements:
- You must achieve a minimum of 75% attendance for each module.
- You must complete and pass all assessment components.
Read more about funding here.
• NTU/NIE alumni may utilise their $1,600 Alumni Course Credits. Click here for more information.
