Many managers, after being promoted, have to manage financial resources and deal with financial jargon used by their financial managers. They also have to approve suggestions and recommendations from the financial managers. This course is designed for those professionals from non-financial backgrounds who need to understand the language of finance in order to make optimal operational decisions.
This course builds on the skills obtained in the Orientation to Financial Management Program. It is designed to provide non-financial middle and senior managers with advanced knowledge, understanding and skills of capital budgeting, financial statement analysis, cash flow analysis and the valuation of companies.
In this course, participants will develop the ability to analyze financial statements and interpret ratios, appraise investment decisions using DCF analysis, understand the relationship between risk and return, estimate the cost of capital of a company, build a valuation model using forecasted cash flows and evaluate performance and identify drivers of shareholder value.
Module 1: Financial Statements Analysis:
How to interpret financial information?
Module 2: Appraisal of Investment Decisions:
How to make long-term investment decisions that maximize the value of the firm? Review the different methods commonly used to analyze investment projects.
Module 3: Corporate Financing and Valuation:
How are firms valued and financed in the market?
Module 4: Value-based Management:
How to manage with the purpose of creating value for shareholders?
Dr. Tariq Elrazaz has held various academic and leadership positions at several higher education institutions in the USA, the UK and the UAE. He has experience in financial accounting, auditing, management accounting and market-based accounting empirical research. He has extensive experience in teaching accounting and finance at post-graduate and under-graduate levels. He is also the acting director for the Masters in Professional Accounting program at the UAE University.
Dr. Elrazaz holds a BSc, MSc and PhD in accounting. He is also a fellow of the higher education academy in the UK (FHEA). He has received various awards for excellence in teaching and regularly presents his research at various accounting conferences. His main research interests lie in the areas of Corporate Governance, Corporate Finance, Financial Accounting, Financial Reporting Quality and Earnings Management.
Dr. Elrazaz has published several articles in international peer-reviewed journals, and he serves as an ad-hoc reviewer for several accounting and finance journals.
Non-financial middle to senior managers seeking greater understanding of financial management.
It is assumed participants comply with the following requirements:
Obtain a Certificate of Successful Completion by demonstrating knowledge, understanding and skills of the learning outcomes in practical assessments at the end of the course.