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Strategic Financial Management for MSMEs (Date to be announced)

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Strategic Financial Management for MSMEs (Date to be announced)
Rationale

Finance and money is the lifeblood of any business. If you control a budget or run a profit centre, then you really need to upgrade your understanding of the financial concepts involved. To be a high performance manager, one must fully understand the impact of their decisions on the organization’s bottom line. Financial management involves managing all of a company’s assets and liabilities, including monitoring operational financing items such as expenditures, revenues, accounts receivable and accounts payable, cashflow and profitability. Strategic financial management encompasses all of the above, along with ongoing evaluation and planning to keep company focused and on track to attain short-term and long-term goals with an overarching focus on maximizing the company’s profitability and value.

In this regard, ni-msme is going to organize one week training programme on Strategic Financial Management for MSMEs and this programme will address as an essential guide to Finance and Strategic Decisions for divisional managers, non financial controllers, offering a true business advantage.

Objectives

  • Understand the content, structure, and linkage of profit and loss account and cash flow statements,
  • Analyze financial statements by using ratios to determine business strengths, weaknesses, opportunities and threats,
  • Appreciate the importance of costing techniques to strategic decision making.
  • Monitoring the business needs by evaluating short, medium and long term financial needs
  • Developing the strategic thinking

Course Content

  • Basic finance and accounting concepts
  • Financial statements
  • Financing decisions
  • Capital budgeting decisions
  • Working capital management
  • Costing techniques
  • Risk and return trade off
  • Overview of Indian financial markets
  • Capital market financing

Methodology

The training approaches and tools deployed are basically interactive, which facilitate participatory learning. Renowned subject experts and experienced field level functionaries form the core resource faculty.

For whom

The programme is useful to Middle level managers, heads of divisions/ functions, managers who are new to the concept of finance and those who wish to update their knowledge on basic finance and accounts.

Duration & Venue: 1 Week, at ni-msme, Hyderabad.

Course Fee: Rs. 18,000 (Residential, non A/C accommodation, double occupancy) per one participant. Rs. 15,000 (Non-Residential) per one participant. The fee covers cost of tuition, reading material, boarding and lodging. It does not cover travel costs of participants. Fee should be paid in advance by way of demand draft drawn in favour of CAO, ni-msme, Yousufguda, Hyderabad – 500 045. Fee once paid shall not be refunded. However, a substitute may be permitted.

Administration

The programme is full time and is strictly residential. Normally the session timings are between 9.30am to 05.00pm with breaks for coffee and lunch. Some sessions may, however, be scheduled outside these hours.

Joining Instructions

Accepted nominees are requested to reach ni-msme a day in advance of the commencement of the programme. During the programme, participants are advised to keep themselves free from all official and personal commitments. Participants are also advised to keep their cell phone in silent mode during class room sessions.

Please address your enquiries and nominations, so as to reach before 13th July, 2017 to:

The Registrar Programme Director:
ni-msme
Yousufguda, Hyderaad  – 5000045 E.Vijaya
Telephones: 91-40-23608544-5-6-7, ni-msme
23608316-7-8-9 Yousufguda  Hyderabad – 5000045
Fax: 091-040-23608547/23608956 Telephones: 91-40- 23633258(Direct),
E-mail: registrar@nimsme.org, 23608316-7-8-9, (0)-
webmaster@nimsme.org 9247499673(cell)
ar@nimsme.org Fax: 091-040-23608547/23608956
Website: www.nimsme.org E-mail: evijaya@nimsme.org

 

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