Budgets and Managing Money
Overview
For managers in today’s business world, it’s essential to have a working knowledge of finance. We all play a role in our organization’s financial health, whether we realize it or not. If you don’t have training or a background in finance, you may be at a disadvantage as you sit around the management table. Understanding the cycle of finance will help you figure out where you fit into your company’s financial structure, and how to keep your department out of the red. This course will help you prepare budgets and make decisions with confidence.

What Will Students Learn?

Define basic financial terminology

Prepare a budget of any type or size

Get your budget approved

Perform basic ratio analysis

Make better financial decisions
Description
Unit 1

The Fundamentals of Finance

The unit 1 covers the following topics:

Types of Costs
Generally Accepted Accounting Principles
The Basics of Budgeting
Budgeting Terms
Types of Budgets
The Budgeting Process
Budgeting Tips and Tricks
Unit 2

Monitoring and Managing Budgets

The unit 2 covers the following topics:

Understanding Ratio Analysis
Net and Gross Profit Margin
Return on Investment
Comparing Investment Opportunities
Unit 3

Decision Making

The unit 3 covers the following topic:

Choosing investment Opportunities
Requirements
there is no particular entry requirement. We do not ask for any previous qualification or experience. Students of all age and academic background can enrol on this course.

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