Financial Awareness Management Training

Financial awareness management training open courses in Manchester, Birmingham, Gloucester, Milton Keynes, Swindon, Oxford, London, Nottingham, Taunton, West Midlands, Edinburgh – Scotland

In house development training or open courses as follows:

The purpose of the management training is to provide individuals with a better understanding of different financial methods within a business.

This course is taught by means of; mini-lectures, small group activities, practical exercises and discussion topics.

This management training course is of great benefit to managers who have previously received little or no financial awareness training.

It will also benefit graduate management trainees who need to develop an understanding of the principles of business finance.

Financial Awareness Course Objectives

Upon completion of the training course, participants will be able to:

1. Understand financial concepts and terminology
2. Identify opportunities for profit enhancement and cost-savings
3. Interpret financial statements
4. Calculate financial ratios and identify trends
5. Recognise the key elements of effective budgetary planning and control
6. Assess the financial viability of capital projects

Introduction to Financial Management Techniques

• Introduction to financial language and concepts
• Profit and profitability
• Managing cash flow

Understanding Business Costs

• How to calculate breakeven point
• Contribution analysis
• Operational gearing
• The Activity Based Costing approach

Interpreting and Analysing Financial Statements

• The structure and purpose of financial statements
• How to calculate financial ratios
• Using trend analysis to measure performance and identify potential problems

Managing Working Capital

• Understanding the operating cycle
• The importance of effective stock control
• Managing debtors

Budgetary Planning and Control

• The budgetary planning process
• Variance analysis

Capital Investment

• Principles of capital investment appraisal
• Appraisal techniques
• Sources of capital and their associated costs

Price for open training course

The Financial Awareness management training course costs only £250 +VAT per delegate per day. For this price we provide:

• Full days management training
• Tea, coffee and cakes
• Lunch
• Full course notes
• Written action plan
• Certificate
• Access to the Post Course Portal

Plus 3 months free telephone coaching

To answer any on-going questions, you will also receive email and telephone support from your course trainer after you have attended the course.

Whilst you are implementing what you have learned we will be there to help you if you need us for advice, guidance and coaching.

The training method follows this general pattern:

1. The trainer gives a clear explanation of the point in question.
2. The trainer then demonstrates the principle and gives specific examples.
3. Then, the delegates practice by doing an exercise with each other.
4. The delegates practice by doing exercise with the trainer.
5. All points are supported with full written notes to take away.
6. Delegates are asked to write down an associated action, for each point made.
7. (At the end of the day, we have about twenty such actions, from which the delegates choose six which are the most personally meaningful).

Price for in house training course

Please call us on 01452 856091 to discuss your requirements for the in house training course.

If you want to know more about the Financial Awareness training course or its suitability for you or a colleague call us on +44 (0) 1452 856091.

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For all your training enquiries please call: 01452 856091

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