Finance Management Series

Finance for Strategic Decision Making

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Context

For today's senior executives, understanding the flow of financial resources is crucial. Such an understanding is needed daily, whether it is used to obtain funding, anticipate trends, or evaluate company performance. Senior executives from non financial backgrounds often are called upon to make decisions based on modern financial controls, and they must have the know how to asses the output of the financial systems that have a significant impact on their professional responsibilities. Marketing managers, for example, are required to estimate the profitability of the product line they are responsible for. Likewise, operations managers are responsible for make or buy decisions. The programme provides the executives with a deeper understanding of corporate finance as practiced by today's best run companies. Designed specifically for non finance executives, this intensive programme approaches the subject of finance as it relates to the company as a whole.

Programme Objectives

Participants in the programme gain a clear understanding of the flow and management of financial resources. The programme will enable participants to:
• Understand the role of finance in advancing a company’s strategic goals
• Understand and interpret principal financial statements
• Understand how cost of capital is estimated for public firms
• Understand how capital projects are evaluated using the DCF methodology
• Understand how firms draw up budgets
• Understand how working capital management contributes to shareholder value
• Understand how firms manage product and service costs
• Understand the role of modern capital markets and financial institutions
• Understand how incentives can be tailored to strategy

Programme Schedule in Brief

The programme addresses key subjects, including:
• Analysis of financial statements
• Estimation of cost of capital
• Valuation
• Capital structure and capital markets
• Establishing levers for enhancing shareholder value
• Performance measurement and incentive compensation and the
• Role of finance as an integral part of corporate strategy

Learning Tools / Methodology

• Lectures and presentations
• Case studies and exercises

Participant Profile

The programme is specifically designed for senior managers who do not have extensive experience in finance. Executives who attend the programme should be those who have responsibilities for functional areas, including operations, planning, financial administration, information technology, marketing, production, legal and governmental affairs, human resources, as well as research and development.

Faculty Profile

The programme will be conducted by experienced TMTC faculty and faculty from other business schools.

Programme Fees

Rs 25,000 (Plus 12.36% taxes)

• The programme fee covers study materials, accommodation on twin sharing basis and all meals.
• Non-residential participants would get a discount of Rs 2000 on the above fee.
• Single room accommodation would cost Rs 3,500 (plus taxes) extra; and would be provided only if requested in advance, subject to availability.

Payment may be made by Demand draft or cheque payable in Pune.

Programme Dates

April 14-16, 2008

Contact Details

Programme Director
Pratip Kar, Dean, Tata Management Training Centre
1, Mangaldas Road,
Pune 411001
Tel no: 020 66091018
Email: pkar@tata.com

Programme Co-ordinator
Ms. Sonali Ogale
Tel no. 020 66091089
Email: sogale@tata.com

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