Why take this course?
- This course will build on some concepts about finance and accounting that the candidates already know and remove wrong understandings.
- Upon completion of the course, the candidates will be able to apply the concepts of finance and accounting to better understand and control the finance and accounts of their organization, project, or department.
- This course is not intended to produce expert accountants or finance managers but it will allow managers who do not have a strong background in finance and accounting to grasp the information provided by financial and accounting statements and evaluate the performance of their organization, project, or department.
- To facilitate a better understanding of the course material the course will be interdisciplinary it will use basic concepts of mathematics, economics, sociology along with finance, and accounting.
- The course will use case studies to provide more practical exposure to the subject matter; the course will be as interactive as possible with quick feedback to queries from the participants.
- It is also believed that this course will open a new pathway for career progressions for professionals such as engineers, development specialists, and other professionals who can go on to be project or department or organization leaders.
What you’ll learn?
- Introduction to the Course and participants (1hr)
- Economics Concept of Resource, Scarcity, Money and Value Addition (2hrs)
- Objective of Organization: Profit and Surplus Explanation (1hr)
- First Case Study (Take Home)
- Discussion on Case Study (1hr)
- Introduction to Finance and Accounting and their Difference (1hr)
- Introduction to Profit and Loss and Balance Sheet with samples (2hrs)
- Concept or Ratio Analysis and using financial statements as a control tool (1hr)
- Wrap up and feed Back (1hr)
Note: You will also be given a case study to work on which you can submit; individual feedback will be provided even after the course.
It is a fact that in the world of management, improper or lack of management of finance is one of the leading causes in collapse of organizations. Similarly, a lack of understanding of finance hinders in progression of career of professionals. However, the challenge is that when such professionals try to learn the basics of finance it is like entering into a very complex world that leaves them sense of being lost and bewildered.
This is just because some of such courses dives the candidates very fast into the complicated world of finance and accounting which does not at all help their cause. This course is designed to bring the candidates gradually into the world of finance and accounting by taking into consideration the each individual candidate’s background, qualification, work experience and interests.
Skills you’ll learn?
Know your Trainer:
Mr. Vickrant Gurung brings together over 15 years of experience in corporate and academia. He is currently faculty for BBA and MBA for various colleges. Mr. Gurung worked previously at senior level in the British Council where he was the highest-ranking local staff and senior member of the management team. Prior to that, he worked as a program officer at the Asian Institute of Technology (AIT), Thailand. He brings together a wealth of knowledge and experience of both corporate and academia.
Mr. Vickrant has MBA from AIT for which he was awarded a prestigious scholarship. Prior to that, he studied in Kathmandu University topping his batch at the Bachelor level. He has presented papers at international conferences and also conducts research and corporate training. Currently, he is a senior advisor to corporate houses, colleges, and a leading faculty in his field.
Course Duration: 8 hours (4 days)