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Raise Your Financial IQ

Finance For Non-Financial Managers

Whether you are currently involved in financial strategy or want to be, the St. Thomas Finance for Non-Financial Managers program will improve your ability to make sound financial decisions at work.

When terms like ROI, P & L or net present value come up in meetings, do you feel out of your depth? We can help. In the St. Thomas Finance for Non-Financial Managers program, learn financial terminology and practical skills from instructors with decades of professional experience. You'll practice using financial concepts through in-class business cases. These hands-on scenarios build confidence and prepare you to participate in financial decision-making and discussions back at work.

Small class sizes create a collaborative learning environment and help you build your network of fellow business leaders. Sessions are held on our convenient downtown Minneapolis campus, and parking is available within one block. There are no prerequisites for this program.

Contact

Abbey Welle

Program Manager
Email
abbey.welle@stthomas.edu
Phone Number
(651) 962-4616
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Is This Program Right for You?

This program is ideal for business managers and directors without a finance background. If you want to contribute to financial discussions and decision-making at work, but wish you had a better financial foundation, this program is for you.

Common participant careers include:

  • Brand Management
  • Business Ownership
  • Business Analytics
  • Entrepreneurship
  • General Management
  • Human Resources
  • Information Technology 
  • Marketing
  • Operations 
  • Office Management
  • Project Management
  • Sales & Account Management
  • Supply Chain Management
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Benefits of This Program

Complete Finance for Non-Financial Managers, and you'll do your Monday smarter with:

  • A solid understanding of finance and accounting terminology
  • Insight into how your company creates and identifies value
  • A big-picture perspective, critical for financial planning and budgeting
  • The ability to build a strong argument for the financial resources to fund your projects
  • A new network of professional peers, which you can turn to for support long after the program ends

Curriculum

Gain the knowledge and skills you need to weigh in on financial matters, and understand how your decisions impact the bottom line. In this session, you will become familiar with and practice using real-world examples of:

  • Basic financial statements including income statements, balance sheets, and statement of cash flows
  • How companies create value
  • Ratio Analysis and key performance metrics
  • Free cash flows
  • Planning and budgeting

Whether you're launching a new product, updating machines to improve production or hiring a new employee, these decisions can affect your company's cash flow and ultimately its overall financial performance. Learn to evaluate these types of decisions, understand their impact on shareholders, and create a strong argument for these investments. During this session you will work through activities and gain insight into:

  • What is finance?
  • The relationship between risk and return
  • The time value of money and why it is important
  • Understanding and computing cost of capital
  • Analysis around net present value and capital budgeting
  • Incremental analysis and hurdle rates for project acceptance or rejection
  • Ways to finance: debt vs. equity
  • Corporate valuation: measures of value

The first two modules gave you a foundation for making sound financial decisions. However, you need to know how to apply this information strategically in your position. Using real-world examples you will:

  • Put the concepts from the program into practice
  • Make strategic decisions and weigh the outcomes
  • Experiment with financial concepts, without putting the fate of your actual project or position in jeopardy

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Take the Next Step

St. Thomas Executive Education programs give you cutting-edge, practical knowledge and real-world skills you can apply at work the very next day. Gain the tools and techniques to be a more effective, strategic leader.
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