Book Online Tickets for FINANCE FOR DECISION MAKING (For Non Fin, Pune. Indian Institute of Training and Development (IITD)Presents Full Day program onFINANCE FOR DECISION MAKING (For Non Finance Managers)Date: 9th November 2013 (Saturday) Timing: 9:00 am to 5:30 pm(Welcome, Registration & Breakfast 9:00 am to 9



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About The Event

Indian Institute of Training and Development (IITD)
Presents Full Day program on
(For Non Finance Managers)
Date: 9th November 2013 (Saturday) Timing: 9:00 am to 5:30 pm
(Welcome, Registration & Breakfast 9:00 am to 9:30 am)
Venue: Hotel Sagar Plaza, 1, Bund Garden Road, Opp. SGS Mall, Pune 411001
Please reply on E mail: or
Certificates will be issued to the participants!

Senior Management is required to take strategic decisions, based on insights that may often be beyond their area of core expertise. Successful managers know that their decisions affect the profitability of the company, but are often puzzled by the numbers they deal with. The role thus requires a comprehensive understanding of multiple departments and multiple functions. This is where FINANCE FOR DECISION MAKING can help you. The course equips senior/Middle/Junior executives with tools and perspectives to make well considered decisions.
Decision Making Process 
• Types of Business Decisions
• Levels of Decision-Making
• Steps Involved In Decision Making Process
• Process of preparing financial information
• Decision making on the basis of financial information
Finance Basic

• Finance & Accounting Basic
• Finance Quiz
• Understanding Key Financial Statements
• What for Financial Statements are used by various stakeholders? 

Cost concepts and costing system
• Costing Methods
• Costing Concepts
• Break-Even and Target Income
• Target Income Calculations
• Critical Thinking about CVP
• Contribution Margin
• Changing Fixed Costs
• Changing Variable Costs

Why do companies budget?
• Why do companies budget and Types of Budget?
• Budgeting and Variance Analysis
• Zero Based Budgeting
• Beyond Budgeting & Rolling Forecast

Cash Flow 
• Why Cash is Important?
• Purpose and Use of Cash Flow Statement?
• Profit is not cash?
• What the Financial Statements don’t tell you?

Understanding Working Capital Management 

• Inventory management methods such as economic order quantity model, materials requirement planning
. The management of receivables, including:

Understanding Capital Budgeting & Financing

• Techniques of capital budgeting

• Decision Making Criteria for Capital Budgeting

• Project Cash Flow, Pay Back Period, More on Incremental Cash Flows


Target audience

Working professionals, who need to use quantitative techniques to arrive at most effective decisions, will find this program stimulating and challenging. People in general management roles or those aspiring to take up general management responsibility or business development will find this program useful for their professional excellence.

Participants are expected to have working knowledge of basic mathematics and simple logic, in addition to basic management functions. Participants are also expected to have basic familiarity with Microsoft Excel.

Medium of Instructions: English, Hindi 
Course Information
Investment (Donation):
Rs. 3400/- + Service Tax (12.36%) per person.
Fees include participation, course material (hard copies), Breakfast, 3 courses Lunch - mix menu and tea / coffee.
Registration Details:
√ Reserve your seats today giving details like: Name, Designation & Contact Numbers of the participants on E mail:; or Call Rohan on Mo: 83084 59802 /83809 48201. Register NOW! 
√ Advance payment of fees by DD/Cheque/Cash to be drawn in favour of ‘Indian Institute of Training & Development’. Please note our Service Tax No. BDNPK3328J SD001. PAN No. BDNPK3328J.
√ Participation fee is non-refundable/ non-adjustable against any other programme of IITD, but change in nomination(s) is accepted.
About Indian Institute of Training & Development (IITD):
At IITD, we provide a comprehensive array of Training and Management Development Solutions, Workshops – Open /In-house, Customized Training programmes – soft skills, behavior, technical & non-technical, Hand – holding for System Implementation that are custom made to meet unique needs of the client. We strive to innovate and promise excellent quality with sensational result.

We intent to make business easy for you by helping you nurture your people by relevant Training Interventions as per needs while you focus on your core business. 

We are active member of MCCIA, DCCIA, NHRD, QCFI, JMCCI & NIPM.

More than 2000 participants are annually benefitted by the training programs of IITD. 
Some of the IITD’s 700 + Beneficiary Clients: Tata Motors, Mercedes-Benz, John Deere, Hindustan Coca Cola, LG, Harita Seating, Vishay Components, Thermax, Neilsoft, Praj, Kirloskar, Bekaert Industries, Infosys, Advik Hi-tech, Ador Welding, Alfa Laval, Forbes Marshall, Aquapharm, Autoline, Minda, Bajaj Auto, BLG Parekh, Bosch Chasis, Brembo, Eaton, Hindustan Polyamides, Hoerbiger, Rathi Engg, M-Tech, Sudarshan Chemicals, SunGard, Supreme, Suzlon, RSB, Tata Technologies, Turbo Gears, Gera, Yuken India, Mahindra & Mahindra, L & T, Kinetic, Force Motors, PARI, Godrej, Cummins, Chemetall-Rai, Bharat Forge, Kalyani Forge etc. & many more….
IITD certificate shall be issued to all the delegates attending the course. 
We have many more new, exciting & innovative programs to share with you.
We look forward to your active participation and nominations.

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