Certificate In Strategic Finance For Non-Finance Managers

Certificate In Strategic Finance For Non-Finance Managers This course transforms financial and accounting language and concepts into decision-making tools that the non-financial manager can successfully use 15 – 18 December 2013 • Jumeirah Emirates Towers Hotel, Dubai, UAE

5 Key Business Benefits 1. Gain a thorough understanding of the wide range of financial terms and concepts 2. Apply the financial concepts and policies behind the management decision processes 3. Recognise the impact of effective working capital management on company cash flow 4. Control business operations through effective budget management and be able to assess and control the impact of day-to-day business activities on a company’s profitability 5. Communicate effectively with financial executives and top management and be able to interpret and analyse financial statements

Organised by:

Strategic Career Partner:

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Meet Your Expert Course Director

The George Washington University School of Business, IIR Middle East’s Academic Partner, is dedicated to excellence: in its teaching and research about management, in the public and private sectors, within the United States and internationally.

The school has a 75 year history of preparing men and women for leadership in both the public and private sectors. Known internationally for its dedication to academic excellence, the school draws students from all parts of the United States and around the world.

Beyond first class teaching and scholarship, the school’s faculty offers practical experience in the issues and challenges confronting business and government. Its research centres link faculty and students with US and international business and government organisations. Recent distance learning initiatives have expanded the school’s global reach.

Course Requirements And Certificates Delegates must meet two criteria to be eligible for an IIRME/GW Certificate of Completion for a course: 1. Satisfactory attendance – delegates must attend all sessions of the course. Delegates who miss more than 2 hours of the course sessions will not be eligible to sit the course exam 2. Successful completion of the course assessment

Nabil W. Zaki has been in the investment and banking industry for more than 30 years. During that period, he assumed senior positions in both corporate finance and treasury with major Wall Street firms and international financial institutions in New York, Canada and the Middle East. He has held high profile management positions with Chase Manhattan Bank, Merrill Lynch, Prudential Securities and Tradition.

Currently, Nabil Zaki is an adjunct Professor of Corporate Finance and Derivatives at New York University. He taught at New York Institute of Finance (currently known as FT Knowledge) from 1995 until 2004.

He lectures extensively on portfolio management, risk management, derivatives, and international capital markets for major Wall Street firms and financial institutions. Nabil worked as senior vice presidents at both Chase Manhattan bank as well as Merrill Lynch in a variety of senior posts in credit and treasury.

Also, Nabil is consulting a number of banks and financial institutions in the USA, Asia and Japan in the areas of asset/liability management, credit derivatives and restructuring as well as risk management. Currently, he is a senior adviser for a major hedge fund; Permal Investment Management.

Also, a Group Adviser for the Board of Directors of a major Asian bank; EON Bank. Previously, he served as an independent board professional director at the Board of Directors of Signature Asset Management Company Limited - a Cayman Island incorporated company.

Course Introduction

In today’s global business environment, every business executive must possess a fundamental knowledge of how financial resources are accumulated, utilised and monitored to create shareholder value.

Companies that leave these critical issues to the exclusive domain of financial executives stand to be at a clear competitive disadvantage.

Delegates who do not meet these criteria will receive an IIRME Certificate of Attendance. If delegates have not attended all sessions, the Certificate will clearly state the number of hours attended.

Understanding the financial levers of effective business management is crucial for every senior executive. In this course, you will explore how financial information is formulated, how it is processed to allocate capital, how financing decisions are made, how the outcome of investment decisions is evaluated, and how the outcome determines the return that the investors receive.

The course will equip you with a collection of tools and insights to enable you to fulfill your professional goals as well as the expectations of your companies and investors.

Course Assessment

Course Overview

Knowledge Confirmation And Personal Assessment To Include: • Group Discussions • Quiz • Final exam through a multiple choice paper

Who Should Attend?

• • • • •

Project Managers and Team Leaders Divisional and Department Heads IT Heads and Managers HR Heads Heads of Strategy and Planning

The course will also benefit experienced managers and directors with a limited formal financial background. Rising stars and managers moving into roles with financial accountability as well as managers with responsibility for the financial performance of a team, department or organisation.

The course is based primarily on group discussions as well as case studies to reinforce the fundamentals of finance. You will work in teams to gain experience in: • Preparing income statements and balance sheets • Analysing financial statements and setting a viable department budget • Forecasting a cash flow model from a budgeted income statement • Selecting the most profitable project using different financial parameters • Examining alternative outcomes arising from using different costing techniques • Understanding the wide range of risk variables affecting a project

Would you like to run this course in-house?

The in-house training division of IIR Middle East Tel: +971 4 407 2624 • Email: CTS@iirme.com www.iirme.com/cts

T: +971 4 335 2437 F: +971 4 335 2438 E: register@iirme.com W: www.iirme.com/stratfinance

Certificate In Strategic Finance For Non-Finance Managers

15 – 18 December 2013 Jumeirah Emirates Towers Hotel, Dubai, UAE

Course Timings Registration will start at 07:30 on Day One. The course will commence at 08:00 and conclude at 14:30. There will be a refreshment break at approximately 10:00 and 12:30. Lunch will be served at the end of the course day at 14:30.

Day One

Day Three

Overview • Concept of finance • Why finance?

• Elements of finance • Understanding economic factors • Risk and return parameters

Working Capital Management • Forecasting future cash flows • Controlling inventory levels • Managing receivables and payables • The dangers of over-rapid expansion

Review Of Financial Terms And Concepts • Determining the structure of financial statements • Relating the income statement to the balance sheet and cash flow statement • Demystifying financial jargon • Budgeting process: translating the business plan into figures • Selecting capital projects objectively Overview Of Money And Capital Markets • Primary vs. secondary markets • Common vs. preferred stock • IPOs • Private placements • Money market instruments • Capital market instruments

Financial Accounting, Analysis And Interpretation The Income Statement • Defining revenue, cost of sales and gross profit • Examining the conceptual nature of profit • Differentiating between capital and revenue expenditures • The effect of inventory valuation on profitability • Accruing overhead and administrative expenses • Applying accounting practices to leases and research and development The Balance Sheet • Subcomponents of assets, liabilities and equity • Distinguishing between fixed and current assets • Depreciating and/or revaluing fixed assets • Accounting for provisions, accruals and prepayments • Deferring income and expenses • Amortising intangible assets such as goodwill and brands

Day Two Analysing And Interpreting Statements • Utilising appropriate ratios to ascertain financial strength and viability • Determining return on employed • Anatomy of the return on equity • Evaluating levels and ratios of liquidity, capacity and profitability • Assessing leverage levels • Assessing and evaluating capital and cost structures

Cash Flow And Working Capital Management Cash Flow Statement • Reconciling the differences between profit and cash • Identifying the key elements of the cash flow statement • Determining historical operating cash inflows and outflows

Budgeting Setting Budgets • Working within the context of the strategic plan • Forecasting sales and revenue • Calculating cost of sales and overhead • Rolling, incremental, flexible and zero-based methodologies • Budget coordination; creating the master budget • Limiting factors Monitoring Budgets • Actual vs. budget • Calculating and interpreting variances • Diagnosing the causes of variances • Re-forecasting

Day Four Capital Budgeting And Valuation • Concept of capital budgeting • Determining initial costs • Valuation techniques • Capital budgeting methods: - Average rate of return - Payback period - NPV - Profitability index - Internal rate of return - Capital Asset Pricing Model (CAPM) Cost Of Capital • Cost of capital as a benchmark for investment decisions and a measure of profitability • Cost of long term debt • Cost of common and preferred stock • Measuring WACC Mergers And Acquisitions • Why companies merge?

• Synergies and benefits of mergers and acquisitions • Cost of mergers Financial Markets • Funding concepts • Money vs. capital markets • Money market instruments • Equity instruments • Government vs. corporate bonds • IPOs vs. private placements • Concept of derivatives • Types of derivatives • Applications of derivatives

T: +971 4 335 2437 F: +971 4 335 2438 E: register@iirme.com W: www.iirme.com/stratfinance

Certificate In Strategic Finance For Non-Finance Managers

15 – 18 December 2013 Jumeirah Emirates Towers Hotel, Dubai, UAE

FIVE WAYS TO REGISTER IIR Holdings Ltd. P.O Box 9428 Dubai, UAE

+971 4 335 2437 +971 4 335 2438 register@iirme.com

www.iirme.com/stratfinance

DISCOUNTS AVAILABLE FOR 2 OR MORE PEOPLE CALL – 971-4-3352483 E-MAIL – a.watts@iirme.com BC4790 Event Certificate In Strategic Finance For Non-Finance Managers (BC4790) 15 – 18 December 2013

Course Fee Before 29 September 2013

Course Fee Before 20 October 2013

Final Fee

US$ 3,895

US$ 4,395

US$ 4,695

WOULD YOU LIKE TO RUN THIS COURSE INͳHOUSE?

Course fees include documentation, luncheon and refreshments. Delegates who attend all sessions and successfully complete the course assessment will receive an IIRME/GW Certificate of Completion.

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Visas for non-GCC nationals may take several weeks to process.

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Due to unforeseen circumstances, the programme may change and IIR reserves the right to alter the venue and/or speakers.

Event Venue: Jumeirah Emirates Towers Hotel, Dubai, UAE Tel: +971 4 330 0000 Accommodation Details We highly recommend you secure your room reservation at the earliest to avoid last minute inconvenience. You can contact the IIR Hospitality Desk for assistance on: Tel: +971 4 407 2693 Fax: +971 4 407 2517 Email: hospitality@iirme.com © Copyright I.I.R. HOLDINGS B.V.

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