Certificate in Finance for Non-Finance (0-30 yrs)

Online program on Certificate in Finance for Non-Finance

Course Snapshot
  • FeeINR 25,157
  • Work Experience0 - 30 Years
  • Duration28 Hours
  • Delivery MethodOnline
Course Detail

Manipal ProLearn is offering the Certificate in Finance for Non-Finance program through a comprehensive and modular set of learning Content and fascinating e-learning videos on a robust learning platform that has been developed in-house.

This e-learning based program introduces you to multiple interesting characters who helps you explore the concepts of Accounting, Finance and Costing. Also a Finance Guru sums up the episode and also provides fresh perspectives on the subject, thus reaffirming learning.

Program Objectives

Our objective is to create a talent pool proficient in Accounting, Finance and Costing. We aim to train students through an experiential model that incorporates several strategies including e-learning based videos featuring friendly characters walking you through some real time scenarios and explaining various concepts.
Upon completion of this course, learners will be able to:

- Appreciate how concepts could easily be mastered using simple logic, without getting lost in accounting, costing and finance mechanics.
- Classify financial information into six accounting categories: income, expense, asset, liability, inflow and outflow and understand how to read the three financial statements: Balance Sheet, Profit and Loss Account and Cash Flow Statement.
- Learn the process of arriving at product cost data and appreciate what can go wrong in costing process and its implications.
- Understand the role of variable and fixed costs on break-even point and margin of safety for a business.
- Understand principles of cost management and cost reduction.
- Analyse financial statements using a tool called as ratio analysis.
- Apply working capital management and risk management principles in a business environment.
- Calculate cost of different sources of finance and apply time value concept in decision making.

Learning Outcomes

- Understand six key accounting concepts: income, expense, asset, liability, inflow and outflow.
- You will understand how the three financial statements: balance sheet, income statement and cash flow statement evolve from accounting data.
- You are going to construct these financial statements yourself.
- You can deal with cost data confidently which is an essential part of any business activity and anyone who is a part of a business must understand it in the right way.
- This course provides you that learning in a business context and helps you easily master various cost concepts with real life data.
- Appreciate how different aspects of business impact financial performance of an enterprise and understand how tools such as working capital management and risk management helps us in improving financial performance.
- You would also get to know the cost of various sources of finance and how carefully we should deploy these sources in business expansion.

Benefits

- Comprises 49 episodes which unfold the learning of accounting, costing and finance.
- Every episode has a "Test Your Mettle" section, which allows you to examine how well you have understood the concepts.
- A Finance Guru sums up the episode and also provides fresh perspectives on the subject, thus reaffirming learning.
- Wherever the context of the episode permits, we have used data to help you understand the concepts better. These data tables can be accessed for a revision anytime during the episode, thus making it easier for you to digest the data and its relevance.

Desired Candidate Profile

- Anyone desirous of learning Accounting, Costs & Finance.
- Ambitious executives who find lack of formal education in management or accounting or finance a handicap.
- Those who have gone through the trauma of learning accounting the mechanical way.

Course Modules

- Introduction to Costs
- Classification of Cost
- Cost Centers
- The Costing Process
- Activity Based Costing
- Fixed and Variable Costs
- Marginal Cost & Contribution
- The Contribution Income Statement
- Break-even Point and Margin of Safety
- Cost Management
- The Budgeting System
- Cost Reduction
- Review of Business
- Analysis of Financial Statements
- Analysis of Unique's Financial Data
- Working Capital Management
- Risk Management
- Finance for Expansion
- The Concept of Leverages
- Debt Financing Options
- Cost of Equity Financing
- Concept of Time Value of Money
- Applications of Time Value Concept
- Investing in Projects: Tools of Analysis