Course Name:
Finance for Non-Finance Managers
Date:31/01/2022 - 03/02/2022
Location:Live sessions
Conducted By:
RTC
How Will I Benefit?
Register Two months before any RTC course's starting date and enjoy a 20% discount of the Early Bird offer.
- Explain how finance fits into the structure of a firm’s organization and what the goals of the firms are, and how financial managers can contribute to the attainment of these goals.
- Distinguish the basic financial statements, how they are used, and what kind of financial information users need
- Outline the financial statement analysis process that involves the study of the relationships between income statements and balance sheet accounts, how these relationships change over time (trend analysis) and how a particular firm is compared with other firms in its industry (benchmark).
- Analyze the role of time value of money in finance, the use of computational tools, and the basic patterns of cash flow.
- Discuss the key characteristics of bonds, common shares and preferred shares, in addition to using the time value of money concept to determine their values.
- Understand the risk and return characteristics of a single asset and portfolio (in terms of correlation and diversification).
- Understand the basic concept and sources of capital associated with the cost of capital.
- Calculate the weighted average cost of capital (WACC) and discuss alternative weighting schemes.
- Calculate, interpret, and evaluate the payback period, Net Present Value (NPV) and Internal Rate of Return (IRR).
- Understand short-term financial management, net working capital, and the related trade-off between profitability and risk.
Who Should Attend?
- Members of the operational management team
- Managers who have responsibility for divisional performance
- Managers who have responsibility for support functions
- Consultants who provide advice on systems and operations
- Senior staff members of any department
Course Contents:
- Financial analysis
- How to analyze the financial performance of Airlines.
- How to read and analyze Airlines' annual report and financial statements.
- Understanding how financing institutions e.g. banks and aircraft lessors make use of airline financial statements
- Investment decision made by airlines
- How to financially evaluate Airlines' different projects and investments decisions e.g. buying new aircraft
- Lease vs buy decisions (financially which is better for airline when it requires operating new aircraft).
- Airlines and bankruptcies
- Why airline business is a risky business, and why investors avoid investing in airlines.
- How to know that the airline is about to go bankrupt.
- How airlines can deal with the bankruptcy situation.
- Financing
- Differentiate between debt and equity
- Determine the cost of long-term debt, and explain why the after-tax cost of debt is the relevant cost of debt.
- Calculate the weighted average cost of capital (WACC).
- Costing
- Identify the different types of costs.
- Evaluating route profitability.
- How to appropriately make the decision of shutting down a route or keeping it operating.
Fees
Members:USD
750
Non Members:USD
900