Finance for Non-Finance Executives

Demystify finance. Make sense of financial concepts and apply your new-found knowledge with confidence.

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Dates

Duration

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Programme Impact

Build your understanding and confidence in finance

Gain practical finance skills. Become financially fluent, mastering key aspects of accounting and corporate finance in just one week.

Good for you
Good for your organisation

Become proficient in financial language and terminology – communicate knowledgably and with confidence at all levels.
Gain a strong grasp of best practice corporate financial management, grounded within the context of your everyday decisions.
Develop the skills to prepare budgets and forecasts for operations and develop models that answer short-run 'what-if' questions.
Discover how to analyse and benchmark your company’s financial performance.

Use discounted cash-flow principles and net present value (NPV) techniques to perform successful project appraisals.
Make informed, valuable contributions to board-level discussions with new expertise and a deeper understanding of financial reports.
Develop the critical finance skills to accurately identify future problems – and successfully exploit new opportunities.

Gain an executive who can:

Make effective decisions, backed up with a clear understanding of the implications for your company’s financial performance and value.
Use activity analysis to manage product and customer costs.

Understand the relationship between risk and return.
Make better operational decisions based on the factors affecting performance and shareholder value.

"My insatiable appetite for learning has brought me back again and again."

Servane Bonnet

Non Executive Board Member at GQS Capital LTD
Programme: Finance for Non-Finance Executives
Nationality: Luxembourger

Read Servane's story

Right for you

This programme is suitable for senior managers with little or no prior financial knowledge, who need to use financial information in appraisals and decision-making.

of professional experience

on average

industries

on average per cohort

Attendees include:

CEOs.
Managing directors.
Senior managers responsible for business units or for delivering company growth and shareholder value.

Who attends

By nationality
By industry

The data above display the top nationalities and top 10 industries of participants who responded to our survey during the last full academic year.

Industry of recent participants

Healthcare 17.3 %
Pharmaceuticals/Biotechnology 15.4 %
Automotive 11.5 %
Downstream Oil/Gas 9.6 %
Manufacturing 9.6 %
Chemicals/Plastics 7.7 %
Food/Beverages/Tobacco 7.7 %
Telecommunication Services 7.7 %
Transportation/Distribution Services 7.7 %
Construction/Building Materials 5.8 %

The data above display the top nationalities and top 10 industries of participants who responded to our survey during the last full academic year.

Programme Content

Gain a wealth of financial understanding

Demystify your financial accounts, unlock your company’s full potential and apply your new-found financial knowledge in a senior management context.

What you learn
How you learn
Your learning experience
FAQs

Improve your analytical perspective and change the way you look at financial data. Focus on three key themes of financial management:

Interpret company accounts – decipher them and discover what balance sheets and income statements reveal about your company’s performance.
Use accounting for management decisions – make confident decisions about your organisation’s future, exploring financial performance, customer profitability, product and service costs, and project appraisals.
Analyse shareholder value – give your strategic decision-making a boost, exploring company valuation, risk and return, and performance measures.

Experience fresh insights, new perspectives and a host of practical exercises that broaden your financial accumen.
Illuminate your understanding of finance. Immerse yourself in an environment where everything applies directly to your business.
Analyse the annual reports of two major supermarkets. Understand their financial performance, recognise new opportunities and forecast different profitability scenarios.
Explore real-world scenarios through international case studies.

Learn how to analyse a company's performance through balance sheets, income statements and cash flow statements.
Look at forecasting and budgeting performance, as well as ways to measure product and customer profitability.
Learn to use net present value and discounted cash flow techniques to conduct project appraisal or valuation. You also explore how to use sensitivity analysis to assess risk and then apply an appropriate discount rate to take the risk into account.
Explore techniques for analysing shareholder value, including company valuation, risk and return relationships and how to estimate a company's required rate of return. You also look at assessing and managing the key drivers of performance and shareholder value.
Examine current issues in performance measurement, as well as applying the shareholder value concept internally to drive business decisions.

What is the application process?

You can apply to the programme of your choice online. Acceptance is not automatic and your application will be reviewed by our team of Programme Consultants to ensure the best fit between applicants and programmes. Spaces on our programmes can fill up quickly so we encourage you to apply early and ensure your submission is as comprehensive as possible.

What does the programme fee cover?

It covers all required study materials, programme activities and excursions, as well as refreshments and most meals.

Do I need to obtain a visa if I’m coming from overseas?

Please check directly with the relevant embassy in your home country to determine whether you need an entry visa for the country where the programme will be held.

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Our faculty

Experts in the field

Access some of the world’s leading thinkers whose cutting-edge research in global business is grounded in real-world practicality.

Jeremy Dent

Adjunct Professor of Accounting

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Jeremy Dent

Adjunct Professor of Accounting

Academic Focus

Professor Dent is an expert in shareholder value, strategy, value-based management, performance measurement and management accounting. He teaches classes on Project Appraisal and Valuation, Risk and Return: Cost of Capital and Shareholder Value Analysis.

Recent Clients

Professor Dent consults on financial management and shareholder value for many major international organisations including professional services, manufacturing, pharmaceuticals, retail and financial services. He has also advised for the UK government.

Experience

A fellow of the Institute of Chartered Accountants in England and Wales, Professor Dent has held academic posts as a reader at the London School of Economics and Professor at Manchester Business School. He has also held visiting professorships in France, Holland, Denmark, Finland, Sweden and Australia. His work appears in leading journals including: Accounting and Organisations in International Encyclopaedia of Business Management (M Warner Ed 2002).

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Irem Tuna

Professor of Accounting

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Irem Tuna

Professor of Accounting

Academic Focus

Dr Tuna teaches classes on Financial Accounting and Corporate Governance to masters and doctoral students, and Financial Statements Analysis for the Executive Education programmes.

Recent Clients

Consults on topics related to corporate governance and executive compensation. Recent clients include Royal Dutch Shell. Also presents research to regulators and asset management companies.

Experience

Dr Tuna’s research interests are in firm valuation, earnings quality, and corporate governance. She is currently an Editor of The Accounting Review. She has published work in a variety of top journals in her field, and won the Notable Contributions to Accounting Literature Award in 2009. She holds a PhD in Business Administration with a concentration in Accounting from the University of Michigan.

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Lakshmanan Shivakumar

Lord David Sainsbury of Turville Professor, Professor of Accounting

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Lakshmanan Shivakumar

Lord David Sainsbury of Turville Professor, Professor of Accounting

Academic Focus

Professor Shivakumar is an award-winning teacher, and a prolific and influential academic researcher. He was formerly the subject area Chair for the Accounting group at London Business School. He has held visiting positions at the University of Chicago Graduate School of Business, the Indian School of Business, the Australian National University and the University of New South Wales, and has been a council member of the American Accounting Association.

Recent Clients

Professor Shivakumar consults for bankers and consulting firms on valuation, financial analysis and investment strategies. His research has been presented to regulators and development agencies across the world, including the African Development Bank, the Federal Reserve Bank of New York and the Singapore Stock Exchange.

Experience

Professor Shivakumar’s main research interests are in the areas of financial reporting quality, stock-return predictability and macro-accounting. He has published articles in several top-tier accounting and finance journals and is a co-editor of the Review of Accounting Studies and The Accounting Review. His research on financial reporting quality includes an examination of the role of conservatism in financial reporting and earnings management in firms issuing public equity.

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Certificate in Finance

This programme can also be taken as part of the Certificate in Finance. Gain the knowledge and tools to build expertise in finance. Customise your learning by selecting four courses from our extensive, world-class portfolio.

Find out more

How to apply

Submit your application through our online application form.

Apply now

Not ready to apply yet? Reserve a place

When should I apply?

We recommend you apply at least three months before the programme starts to guarantee your place. The application form will take approximately 15 to 30 minutes to complete.
When will I hear back from you?

We’ll acknowledge receipt of your application by email within 48 hours, providing it’s received during normal working hours (Monday to Friday, 09:00 to 18:00 GMT). We will review and respond to your application within two working days. We do this in order of receipt and acceptance is not automatic.
Can I reserve a place?

Yes. We can hold a provisional place for you for up to two weeks. Take note, completed applications take priority and programmes often fill up several months in advance. You can reserve a place online, by phone or by email.

Tel: +44 (0)20 7000 7051 Email: fnfe@london.edu
What are your language requirements?

The programme is taught in English, so a good working knowledge of the language is essential. If English is not your first language, we may ask you for evidence of your proficiency.
What if I have more questions?

If you have any more questions, please read our FAQs here.

Read our full terms and conditions

Fees

The fee for programmes starting in 2019 is £7,500 and in 2020 is £7,700.*

The fee includes tuition, all required study materials, programme activities and excursions; access to our on-site gym and swimming pool; and lunch and dinner as per the programme schedule.

We offer a 25% discount for London Business School Alumni.

*Fees are subject to change.