Finance & Budgeting

Finance for Managers – Simulation Programme

Learn & Fall in Love with Finance & Budgets


Who Should Attend:

  • Managers who analyse, forecast and plan

Course Objectives

  • Prepare budgets, targets and forecasts
  • Integrate planning of cash flow, sales, costs and profits
  • Partner with customers and suppliers
  • Optimise the way sales and purchases are structured
  • Prepare operating reports and financial reports
  • Target profit opportunities
  • Prioritize and control costs
  • Reduce inventories and working capital
  • Use bench-marking to improve the bottom line
  • Improve working relationships with others in the organisation.

What will you gain ?

The workshop presents key financial tools and concepts:
  • Management uses of basic financial statements
  • Why market conditions dominate business decisions
  • The need to manage separately for cash and profit
  • Fixed and variable costs
  • The value of budgets and cash flow forecasts
  • The impact of inventory build-up
  • The need to control working capital
  • Break-even analysis
  • Unit cost analysis
  • Income Statement analysis
  • ROA, ROI and other metrics for management
  • Financial metrics used by your company.

Course Content

The team competition consists of six business cycles in which teams have full decision-making power and are accountable for the results. In each cycle, teams develop and implement a business strategy for their company, which incorporates real-world dynamics, such as production capacity, customers, prices and financing. Each cycle includes the following activities:

  • Examining market drivers: supply and demand, niche marketing, quality
  • Competitor awareness, setting prices in a competitive market
  • Ongoing strategic analysis, updating the strategic plan in response to changes in the industry and in the marketplace
  • Budget and cash flow exercises
  • Monitoring cash flow
  • Maintaining the books of the operating company (Income Statement, Balance Sheet and Cash Flow Statement)
  • Performance measurement and analysis
  • Posting, comparing and discussion of results
  • Analysis of competitors, break-even, income statement and cost-benefits.

Other Programmes you may be interested in:

This ILM Accredited course is eligible for Unit Credits towards ILM Level 3 Leadership & Management Diploma, Certificate and Award qualifications.

Our Clients



Company Brochure
Company Brochure
Top 20 Courses
Top 20 Courses
Public Calendar
Public Calendar
Nationals Development
Nationals Development English


Arabic Profile
Arabic Profile
Top 20 Courses
ﺑﺮﺍﻣﺞ ﺗﻄﻮﻳﺮ ﺍﻟﻜﻮﺍﺩﺭ ﺍﻟﻮﻃﻨﻴﺔ