Certificate Course in Finance for non-Finance Managers

See why banking matters for managers by examining banks' safety, convenience, earning interest, and access to credit and loans.

Discover how banks create value by offering safety, convenience, earning interest, and access to credit and loans.

Explore common bank account types, savings, current/checking for businesses, recurring deposit, and fixed deposit, highlighting interest, audit trails, and when to use each.

Explore common banking terms such as repo rate, reverse repo, and reserve ratio, and learn how collateral, fixed vs floating rates, credit score, HNI, NPAs, and KYC affect loans.

Explore the meaning of accounting and its three branches: financial, cost, and management accounting, and learn how they measure, analyze, and communicate a business's profit, costs, and strategic decisions.

Classify cash flows into operating, investing, and financing activities, with working capital as the short-term funds for daily operations, and note capex and dividends as relevant examples.

Explore the four core financial statements—balance sheet, income statement, cash flow statement, and the statement of changes in equity—and how they reveal assets, liabilities, equity, and cash flow.

Compare cash basis and accrual basis accounting to see how timing affects revenue, expenses, and taxes.

Compare IFRS and GAAP, contrast principles-based and rules-based approaches, and explain asset valuation and inventory methods like FIFO and LIFO.

Learn how the balance sheet provides a point-in-time snapshot of assets, liabilities, and equity, anchored by the accounting equation. Explore concepts like working capital, financial leverage, and retained earnings.

Explore how assets drive business value by unpacking current and non-current assets, such as cash, inventory, receivables, machinery, and intangible assets, and learn how depreciation and amortization affect balance sheets.

Define liabilities and classify them into current and non-current, detailing items like trade payables, sundry creditors, short-term borrowings, interest accrued, and deferred tax liabilities.

Explore how equity, not cash, represents the owners’ net claim after liabilities are settled, and examine its components—share capital and reserves and surplus—and related concepts.

Explore the income statement, or profit and loss report, and master key terms—revenue, cost of goods sold, gross profit, operating income, net income, top and bottom lines, and expenditures.

Compare single-step and multi-step income statements to see how profit emerges. Single-step offers a quick revenue minus expenses view, while multi-step reveals gross profit and operating income for deeper insight.

Understand the cash flow statement, its inflows and outflows of cash and cash equivalents. See how profits may not reflect cash and assess short term viability and bill paying ability.

Master the direct method for cash flow statements by tracing operating inflows and outflows using the income statement and balance sheet.

Understand inflation as a general rise in the price level that reduces purchasing power, measured by price indices like the CPI, and learn how the inflation rate is calculated.

Learn remedies for inflation by examining monetary policy, fiscal policy, and supply-side measures. See how higher interest rates, taxes, spending cuts, and subsidies curb liquidity and inflation.

Explore the time value of money (TVM) and why taking $10,000 now beats waiting. Learn how inflation, risk, opportunity cost, and present versus future value drive this core finance concept.

Discover how financial markets mobilize savings, provide liquidity, and trade assets like shares, bonds, and currencies, with exchanges standardizing contracts and over-the-counter trades occurring directly between parties.

Explore the main types of financial markets—capital markets with stock and bond markets, money markets, commodity markets, and derivatives—along with forex and cryptocurrency examples to illustrate price dynamics.

Understand capital markets for long-term funds, including stock markets and bond markets, and distinguish primary markets (new issues, IPO, underwriting, prospectus) from secondary markets (NYSE, Nasdaq, SEC oversight).

Explore the money market, a short-term, highly liquid arena for low-risk, unsecured debt instruments like treasury bills, trade bills, commercial paper, and certificates of deposits issued by corporates and governments.

Discover how stock exchanges connect companies with capital and maintain liquidity through real-time price information. Analyze bull and bear markets, short selling, value and growth investing, and mutual funds.

Understand how ESOPs grant options to buy company shares at a pre-defined price after vesting, boosting compensation, ownership mindset, and retention through a golden handcuff strategy.

Understand how ESOPs work—from plan design to grant, vesting, exercise, and sale—and how vesting and exercise price create value, with liquidity events and tax implications.