What is financial decision making? All businesses continually need finance to maintain their existence. It wouldn’t be far-fetched to say that businesses exist because of money to make more money. A proper understanding of finance by the manager can prove to be the distinguishing factor between a successful and an unsuccessful business. Merely arranging funds and then spending it on various activities cannot spell prosperity for the firm.

It requires apperception that there is a science behind acquiring and allocation of funds. The management needs to strategically make decisions regarding crucial financial aspects. Developing skills regarding strategic use of finance will increase the profitability of the business and ensure its long-term survival among the cut-throat competition.

This training course acknowledges that understanding finance is closely associated with strategic decision making and offers a parallel between finance and effective strategy formulation. This course is a prerequisite for any professional who aims to make a positive impact in their jobs with the enhanced practical and conceptual insight into finance.

On successful completion of this course, participants shall be able to:

• Understand the application of elemental principles of finance to business strategy and policymaking
• Appreciate correlation between finance and strategy
• Comprehend how strategic decision making can increase shareholder’s wealth and result in value maximization
• Know various functions of finance and how they affect the overall well-being of the firm
• Value assets and manage financial risk for the firm
• Understand various concepts related to working capital management, evaluation techniques, financial analysis, time value of money, etc

• Budding entrepreneurs, start-up founders
• Financial managers, credit managers
• General managers, corporate managers, operations managers
• Business Policymakers
• Departmental heads, managers, executives
• Financial analysts
• Investors

• Introduction to the Basics of Finance and its Relation to Strategy
• Concept of Time Value of Money
• Risk and Return: Trade-Off
• Capital Budgeting
• Investment Strategy
• Capital Structure
• Value Maximization and Risk Management
• Financial Planning and Analysis